資產負債表僅顯示部份重要科目, 完整財報可參考這裡 玩股撇步(動畫小學堂)
- 現金是否充足, 是否沒有債務壓力. 現金和短期借款和一年內到期長期負債都很高的話要小心, 滿手現金卻不還債, 可能有問題
- 應收帳款或存貨是否突然大幅增加, 留意應收帳款超過營收
- 營收和獲利增加的速度要大於存貨和應收帳款的速度; 營收衰退, 應收帳款正常也要跟著減少
- 營業活動負債: 因營業活動而產生, 如應付帳款, 應付票據, 合約負債等, 通常不需要支付利息. 此類型負債上升, 通常代表業績增加, 議價能力變好
- 最容易被操弄的資產是應收帳款, 存貨和長期投資
- 如果有資金貸予他人要注意
- 非控制權益佔比: 非控制權益 / 股東權益總額, 如果這個值過大時要看個體報表, 不能只看合併報表
- 圖表中的值是加一取對數, 目的是為了看趨勢
- 還款急迫性 - 公司債 > 應付票據 > 銀行借款 > 應付員工 > 應付帳款/費用 > 其它
- 如果未分配盈餘為負, 就算當年有獲利也沒法配息
- 如果配息能力(未分配盈餘+其它權益)為負, 有可能會無法配息
| 現金及約當現金 YoY | 短期借款 YoY | 一年內到期長期負債 YoY | 資金貸予他人 YoY | 營收 YoY | 淨利 YoY | 應收帳款及票據 YoY | 應收帳款佔營收比(%) YoY | 存貨 YoY | 長期投資 YoY | 長期負債 YoY | 商譽及無形資產 YoY | 股本 YoY | 法定盈餘公積 YoY | 特別盈餘公積 YoY | 未分配盈餘 YoY | 保留盈餘 YoY | 其它權益 YoY | 配息能力 YoY | 非控制權益佔比 YoY | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 (10) | 40.05 | 76.43 | 1.25 | 346.43 | 2.58 | 66.45 | 0 | 0 | 50.78 | 13.0 | 9.05 | -3.0 | 8.87 | -17.87 | 17.47 | -27.32 | 19.09 | 15.98 | 8.2 | -7.34 | 41.17 | 0.61 | 3.39 | 100.59 | 9.43 | 12.0 | 3.1 | 42.86 | 0 | 0 | 7.94 | 41.53 | 11.04 | 18.2 | 0.83 | 0 | 8.77 | 111.84 | 0.09 | -0.01 |
| 2022 (9) | 22.7 | 32.98 | 0.28 | -84.44 | 1.55 | -5.49 | 0 | 0 | 44.94 | 43.99 | 9.33 | 176.85 | 10.8 | 72.25 | 24.03 | 19.62 | 16.46 | 65.1 | 8.85 | 36.79 | 40.92 | 42.28 | 1.69 | -7.65 | 8.42 | 0.12 | 2.17 | 51.75 | 1.57 | 528.0 | 5.61 | 65.49 | 9.34 | 84.22 | -1.47 | 0 | 4.14 | 24.32 | 0.09 | 283.15 |
| 2021 (8) | 17.07 | 9.7 | 1.8 | -45.95 | 1.64 | 34.43 | 0 | 0 | 31.21 | 24.19 | 3.37 | -26.74 | 6.27 | 48.93 | 20.09 | 19.92 | 9.97 | 21.59 | 6.47 | -4.85 | 28.76 | 61.57 | 1.83 | -11.59 | 8.41 | 0.12 | 1.43 | 38.83 | 0.25 | -26.47 | 3.39 | -15.46 | 5.07 | -5.76 | -0.06 | 0 | 3.33 | -12.37 | 0.02 | -9.43 |
| 2020 (7) | 15.56 | 193.03 | 3.33 | -27.29 | 1.22 | 43.53 | 0 | 0 | 25.13 | 5.81 | 4.6 | 105.36 | 4.21 | 53.09 | 16.75 | 44.68 | 8.2 | 12.48 | 6.8 | -26.09 | 17.8 | 14.54 | 2.07 | 245.0 | 8.4 | 13.36 | 1.03 | 28.75 | 0.34 | 277.78 | 4.01 | 116.76 | 5.38 | 95.64 | -0.21 | 0 | 3.8 | 142.04 | 0.03 | 20.83 |
| 2019 (6) | 5.31 | 155.29 | 4.58 | 123.41 | 0.85 | -36.09 | 0 | 0 | 23.75 | 45.26 | 2.24 | 1078.95 | 2.75 | -2.14 | 11.58 | -32.63 | 7.29 | 32.79 | 9.2 | -12.13 | 15.54 | -6.78 | 0.6 | -7.69 | 7.41 | 4.96 | 0.8 | 21.21 | 0.09 | 0 | 1.85 | 101.09 | 2.75 | 74.05 | -0.28 | 0 | 1.57 | 98.73 | 0.02 | -28.28 |
| 2018 (5) | 2.08 | 10.05 | 2.05 | -23.79 | 1.33 | -34.16 | 0 | 0 | 16.35 | -7.05 | 0.19 | 11.76 | 2.81 | 23.79 | 17.19 | 33.18 | 5.49 | 35.22 | 10.47 | 315.48 | 16.67 | 23.21 | 0.65 | -7.14 | 7.06 | 0.0 | 0.66 | 3.12 | 0 | 0 | 0.92 | 513.33 | 1.58 | 88.1 | -0.13 | 0 | 0.79 | -18.56 | 0.03 | 15.04 |
| 2017 (4) | 1.89 | 9.25 | 2.69 | -41.52 | 2.02 | 43.26 | 0 | 0 | 17.59 | -16.44 | 0.17 | -48.48 | 2.27 | -16.85 | 12.91 | -0.49 | 4.06 | -16.29 | 2.52 | 12500.0 | 13.53 | -5.65 | 0.7 | -4.11 | 7.06 | 6.97 | 0.64 | 4.92 | 0.05 | 0 | 0.15 | -57.14 | 0.84 | -12.5 | 0.82 | 0 | 0.97 | 223.33 | 0.03 | 1418.46 |
| 2016 (3) | 1.73 | -25.43 | 4.6 | -10.33 | 1.41 | -70.87 | 0 | 0 | 21.05 | 8.9 | 0.33 | 200.0 | 2.73 | 55.11 | 12.97 | 42.44 | 4.85 | 2.54 | 0.02 | -96.83 | 14.34 | 59.33 | 0.73 | -6.41 | 6.6 | 5.6 | 0.61 | 1.67 | 0 | 0 | 0.35 | -7.89 | 0.96 | -1.03 | -0.05 | 0 | 0.3 | -43.4 | 0.00 | 85.62 |
| 2015 (2) | 2.32 | 6.42 | 5.13 | 38.65 | 4.84 | 3933.33 | 0 | 0 | 19.33 | 3.7 | 0.11 | -65.62 | 1.76 | 6.67 | 9.11 | 2.86 | 4.73 | 44.65 | 0.63 | 0.0 | 9.0 | -16.9 | 0.78 | -17.02 | 6.25 | 0.0 | 0.6 | 5.26 | 0 | 0 | 0.38 | -38.71 | 0.97 | -18.49 | 0.15 | -16.67 | 0.53 | -33.75 | 0.00 | -82.57 |
| 2014 (1) | 2.18 | -37.18 | 3.7 | 65.18 | 0.12 | 0 | 0 | 0 | 18.64 | 11.42 | 0.32 | 60.0 | 1.65 | 47.32 | 8.85 | 32.23 | 3.27 | 118.0 | 0.63 | -1.56 | 10.83 | 8.3 | 0.94 | 3.3 | 6.25 | 0.0 | 0.57 | 3.64 | 0 | 0 | 0.62 | -3.12 | 1.19 | -1.65 | 0.18 | 80.0 | 0.8 | 8.11 | 0.01 | 0 |
| 現金及約當現金 QoQ YoY | 短期借款 QoQ YoY | 一年內到期長期負債 QoQ YoY | 資金貸予他人 QoQ YoY | 營收 QoQ YoY | 淨利 QoQ YoY | 應收帳款及票據 QoQ YoY | 應收帳款佔營收比(%) QoQ YoY | 存貨 QoQ YoY | 長期投資 QoQ YoY | 長期負債 QoQ YoY | 商譽及無形資產 QoQ YoY | 股本 QoQ YoY | 法定盈餘公積 QoQ YoY | 特別盈餘公積 QoQ YoY | 未分配盈餘 QoQ YoY | 保留盈餘 QoQ YoY | 其它權益 QoQ YoY | 配息能力 QoQ YoY | 非控制權益佔比 QoQ YoY | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24Q3 (20) | 37.99 | 14.88 | 39.26 | 3.0 | 150.0 | -58.62 | 3.06 | 59.38 | -39.64 | 0 | 0 | 0 | 18.94 | 7.86 | 41.66 | 4.15 | 46.64 | 142.69 | 15.11 | 16.5 | 29.7 | 23.64 | 6.35 | 3.26 | 20.66 | 2.79 | 15.74 | 10.28 | -1.06 | 25.37 | 51.65 | 13.79 | 23.62 | 3.6 | -6.74 | 73.08 | 9.54 | 1.17 | 7.8 | 3.52 | 0.0 | 34.35 | 0 | 0 | -100.0 | 12.33 | 46.96 | 50.55 | 15.85 | 33.08 | 29.07 | 4.15 | 78.88 | 194.33 | 16.48 | 53.87 | 71.67 | 0.13 | -3.39 | 23.41 |
| 24Q2 (19) | 33.07 | 13.41 | 36.94 | 1.2 | -69.62 | -77.14 | 1.92 | -28.89 | -31.43 | 0 | 0 | 0 | 17.56 | 23.66 | 79.55 | 2.83 | 34.12 | 93.84 | 12.97 | 33.71 | 56.27 | 22.23 | 15.88 | 29.11 | 20.1 | -2.19 | 15.45 | 10.39 | 5.91 | 13.3 | 45.39 | 18.2 | 25.39 | 3.86 | 0.52 | 110.93 | 9.43 | 0.0 | 7.04 | 3.52 | 0.0 | 34.35 | 0 | 0 | -100.0 | 8.39 | 33.39 | 29.48 | 11.91 | 21.28 | 12.68 | 2.32 | 11.54 | 527.03 | 10.71 | 27.96 | 56.35 | 0.14 | 32.32 | 44.75 |
| 24Q1 (18) | 29.16 | -27.19 | 20.1 | 3.95 | 216.0 | -7.06 | 2.7 | 4.65 | 21.08 | 0 | 0 | 0 | 14.2 | 7.41 | -1.46 | 2.11 | -16.6 | -37.2 | 9.7 | 9.36 | -33.29 | 19.18 | 9.81 | -35.24 | 20.55 | 7.65 | 22.54 | 9.81 | 19.63 | 7.92 | 38.4 | -6.73 | -5.63 | 3.84 | 13.27 | 120.69 | 9.43 | 0.0 | 8.89 | 3.52 | 13.55 | 34.35 | 0 | 0 | -100.0 | 6.29 | -20.78 | 22.14 | 9.82 | -11.05 | 6.39 | 2.08 | 150.6 | 2180.0 | 8.37 | -4.56 | 65.74 | 0.10 | 18.12 | 18.3 |
| 23Q4 (17) | 40.05 | 46.81 | 76.43 | 1.25 | -82.76 | 346.43 | 2.58 | -49.11 | 66.45 | 0 | 0 | 0 | 13.22 | -1.12 | -0.83 | 2.53 | 47.95 | 10.96 | 8.87 | -23.86 | -17.87 | 17.47 | -23.7 | -27.33 | 19.09 | 6.95 | 15.98 | 8.2 | 0.0 | -7.34 | 41.17 | -1.46 | 0.61 | 3.39 | 62.98 | 100.59 | 9.43 | 6.55 | 12.0 | 3.1 | 18.32 | 42.86 | 0 | -100.0 | -100.0 | 7.94 | -3.05 | 41.53 | 11.04 | -10.1 | 18.2 | 0.83 | -41.13 | 156.46 | 8.77 | -8.65 | 111.84 | 0.09 | -18.28 | -0.01 |
| 23Q3 (16) | 27.28 | 12.96 | 41.71 | 7.25 | 38.1 | 866.67 | 5.07 | 81.07 | 392.23 | 0 | 0 | 0 | 13.37 | 36.71 | 25.07 | 1.71 | 17.12 | -24.67 | 11.65 | 40.36 | 34.99 | 22.89 | 32.97 | 15.58 | 17.85 | 2.53 | 18.37 | 8.2 | -10.58 | -62.44 | 41.78 | 15.41 | 15.77 | 2.08 | 13.66 | 23.08 | 8.85 | 0.45 | 5.23 | 2.62 | 0.0 | 55.03 | 1.47 | 0.0 | 2350.0 | 8.19 | 26.39 | -5.75 | 12.28 | 16.18 | 17.62 | 1.41 | 281.08 | 205.22 | 9.6 | 40.15 | 30.61 | 0.11 | 13.32 | 79.62 |
| 23Q2 (15) | 24.15 | -0.54 | 11.29 | 5.25 | 23.53 | 208.82 | 2.8 | 25.56 | 35.92 | 0 | 0 | 0 | 9.78 | -32.13 | -8.26 | 1.46 | -56.55 | -48.59 | 8.3 | -42.92 | 5.46 | 17.22 | -41.87 | -13.31 | 17.41 | 3.82 | 42.24 | 9.17 | 0.88 | -55.09 | 36.2 | -11.03 | 7.64 | 1.83 | 5.17 | 39.69 | 8.81 | 1.73 | 4.76 | 2.62 | 0.0 | 55.03 | 1.47 | 0.0 | 2350.0 | 6.48 | 25.83 | 0.93 | 10.57 | 14.52 | 29.38 | 0.37 | 470.0 | 123.57 | 6.85 | 35.64 | 41.24 | 0.10 | 8.14 | 229.31 |
| 23Q1 (14) | 24.28 | 6.96 | 12.51 | 4.25 | 1417.86 | 150.0 | 2.23 | 43.87 | 8.25 | 0 | 0 | 0 | 14.41 | 8.1 | 40.59 | 3.36 | 47.37 | 73.2 | 14.54 | 34.63 | 120.97 | 29.62 | 23.22 | 57.64 | 16.77 | 1.88 | 58.21 | 9.09 | 2.71 | -15.83 | 40.69 | -0.56 | 19.15 | 1.74 | 2.96 | 30.83 | 8.66 | 2.85 | 2.97 | 2.62 | 20.74 | 83.22 | 1.47 | -6.37 | 488.0 | 5.15 | -8.2 | 41.1 | 9.23 | -1.18 | 73.17 | -0.1 | 93.2 | -124.39 | 5.05 | 21.98 | 24.38 | 0.09 | -0.16 | 247.09 |
| 22Q4 (13) | 22.7 | 17.92 | 32.98 | 0.28 | -62.67 | -84.44 | 1.55 | 50.49 | -5.49 | 0 | 0 | 0 | 13.33 | 24.7 | 11.36 | 2.28 | 0.44 | 12.32 | 10.8 | 25.14 | 72.25 | 24.04 | 21.36 | 19.69 | 16.46 | 9.15 | 65.1 | 8.85 | -59.46 | 36.79 | 40.92 | 13.38 | 42.28 | 1.69 | 0.0 | -7.65 | 8.42 | 0.12 | 0.12 | 2.17 | 28.4 | 51.75 | 1.57 | 2516.67 | 528.0 | 5.61 | -35.44 | 65.49 | 9.34 | -10.54 | 84.22 | -1.47 | -9.7 | -2350.0 | 4.14 | -43.67 | 24.32 | 0.09 | 46.81 | 283.15 |
| 22Q3 (12) | 19.25 | -11.29 | 4.22 | 0.75 | -55.88 | 150.0 | 1.03 | -50.0 | -40.12 | 0 | 0 | 0 | 10.69 | 0.28 | 58.37 | 2.27 | -20.07 | 284.75 | 8.63 | 9.66 | 109.98 | 19.81 | -0.26 | 27.66 | 15.08 | 23.2 | 54.03 | 21.83 | 6.9 | 236.88 | 36.09 | 7.31 | 28.53 | 1.69 | 29.01 | -19.14 | 8.41 | 0.0 | 0.0 | 1.69 | 0.0 | 24.26 | 0.06 | 0.0 | -71.43 | 8.69 | 35.36 | 291.44 | 10.44 | 27.78 | 175.46 | -1.34 | 14.65 | -26.42 | 7.35 | 51.55 | 533.62 | 0.06 | 107.77 | 169.32 |
| 22Q2 (11) | 21.7 | 0.56 | 21.57 | 1.7 | 0.0 | 486.21 | 2.06 | 0.0 | 237.7 | 0 | 0 | 0 | 10.66 | 4.0 | 76.2 | 2.84 | 46.39 | 531.11 | 7.87 | 19.6 | 42.57 | 19.86 | 5.69 | -8.91 | 12.24 | 15.47 | 36.15 | 20.42 | 89.07 | 215.12 | 33.63 | -1.52 | 64.53 | 1.31 | -1.5 | -38.21 | 8.41 | 0.0 | 0.0 | 1.69 | 18.18 | 64.08 | 0.06 | -76.0 | -82.35 | 6.42 | 75.89 | 250.82 | 8.17 | 53.28 | 155.31 | -1.57 | -482.93 | -528.0 | 4.85 | 19.46 | 206.96 | 0.03 | 13.98 | 31.63 |
| 22Q1 (10) | 21.58 | 26.42 | -7.66 | 1.7 | -5.56 | 112.5 | 2.06 | 25.61 | 543.75 | 0 | 0 | 0 | 10.25 | -14.37 | 58.91 | 1.94 | -4.43 | 546.67 | 6.58 | 4.94 | 53.38 | 18.79 | -6.44 | 18.39 | 10.6 | 6.32 | 30.7 | 10.8 | 66.92 | 66.67 | 34.15 | 18.74 | 164.73 | 1.33 | -27.32 | -38.14 | 8.41 | 0.0 | 0.0 | 1.43 | 0.0 | 38.83 | 0.25 | 0.0 | -26.47 | 3.65 | 7.67 | 164.49 | 5.33 | 5.13 | 93.82 | 0.41 | 783.33 | 278.26 | 4.06 | 21.92 | 253.04 | 0.03 | 10.21 | 26.03 |
| 21Q4 (9) | 17.07 | -7.58 | 9.7 | 1.8 | 500.0 | -45.95 | 1.64 | -4.65 | 34.43 | 0 | 0 | 0 | 11.97 | 77.33 | 65.33 | 2.03 | 244.07 | 825.0 | 6.27 | 52.55 | 48.93 | 20.08 | 29.44 | 19.88 | 9.97 | 1.84 | 21.59 | 6.47 | -0.15 | -4.85 | 28.76 | 2.42 | 61.57 | 1.83 | -12.44 | -11.59 | 8.41 | 0.0 | 0.12 | 1.43 | 5.15 | 38.83 | 0.25 | 19.05 | -26.47 | 3.39 | 52.7 | -15.46 | 5.07 | 33.77 | -5.76 | -0.06 | 94.34 | 71.43 | 3.33 | 187.07 | -12.37 | 0.02 | 3.19 | -9.43 |
| 21Q3 (8) | 18.47 | 3.47 | 295.5 | 0.3 | 3.45 | -86.78 | 1.72 | 181.97 | 42.15 | 0 | 0 | 0 | 6.75 | 11.57 | 20.97 | 0.59 | 31.11 | -83.47 | 4.11 | -25.54 | 63.1 | 15.52 | -28.83 | 54.35 | 9.79 | 8.9 | 17.25 | 6.48 | 0.0 | -4.71 | 28.08 | 37.38 | 50.56 | 2.09 | -1.42 | 207.35 | 8.41 | 0.0 | 10.66 | 1.36 | 32.04 | 51.11 | 0.21 | -38.24 | -25.0 | 2.22 | 21.31 | -60.64 | 3.79 | 18.44 | -44.43 | -1.06 | -324.0 | -253.33 | 1.16 | -26.58 | -78.28 | 0.02 | 1.55 | -9.67 |
| 21Q2 (7) | 17.85 | -23.62 | 291.45 | 0.29 | -63.75 | -85.57 | 0.61 | 90.62 | -51.97 | 0 | 0 | 0 | 6.05 | -6.2 | -22.04 | 0.45 | 50.0 | -62.5 | 5.52 | 28.67 | 12.42 | 21.80 | 37.36 | 0 | 8.99 | 10.85 | 9.9 | 6.48 | 0.0 | -4.85 | 20.44 | 58.45 | 8.03 | 2.12 | -1.4 | 259.32 | 8.41 | 0.0 | 12.13 | 1.03 | 0.0 | 14.44 | 0.34 | 0.0 | 21.43 | 1.83 | 32.61 | -11.59 | 3.2 | 16.36 | -1.54 | -0.25 | -8.7 | 26.47 | 1.58 | 37.39 | -8.67 | 0.02 | 9.13 | -19.36 |
| 21Q1 (6) | 23.37 | 50.19 | 487.19 | 0.8 | -75.98 | -76.33 | 0.32 | -73.77 | -61.9 | 0 | 0 | 0 | 6.45 | -10.91 | 41.76 | 0.3 | 207.14 | 172.73 | 4.29 | 1.9 | 49.48 | 15.87 | -5.26 | 0 | 8.11 | -1.1 | 6.01 | 6.48 | -4.71 | -6.36 | 12.9 | -27.53 | -19.12 | 2.15 | 3.86 | 264.41 | 8.41 | 0.12 | 13.5 | 1.03 | 0.0 | 28.75 | 0.34 | 0.0 | 277.78 | 1.38 | -65.59 | 20.0 | 2.75 | -48.88 | 34.15 | -0.23 | -9.52 | 25.81 | 1.15 | -69.74 | 36.9 | 0.02 | -20.79 | -19.23 |
| 20Q4 (5) | 15.56 | 233.19 | 193.03 | 3.33 | 46.7 | -27.29 | 1.22 | 0.83 | 43.53 | 0 | 0 | 0 | 7.24 | 29.75 | 0.84 | -0.28 | -107.84 | -177.78 | 4.21 | 67.06 | 53.09 | 16.75 | 66.66 | 0 | 8.2 | -1.8 | 12.48 | 6.8 | 0.0 | -26.09 | 17.8 | -4.56 | 14.54 | 2.07 | 204.41 | 245.0 | 8.4 | 10.53 | 13.36 | 1.03 | 14.44 | 28.75 | 0.34 | 21.43 | 277.78 | 4.01 | -28.9 | 116.76 | 5.38 | -21.11 | 95.64 | -0.21 | 30.0 | 25.0 | 3.8 | -28.84 | 142.04 | 0.03 | 2.91 | 20.83 |
| 20Q3 (4) | 4.67 | 2.41 | 0.0 | 2.27 | 12.94 | 0.0 | 1.21 | -4.72 | 0.0 | 0 | 0 | 0.0 | 5.58 | -28.09 | 0.0 | 3.57 | 197.5 | 0.0 | 2.52 | -48.68 | 0.0 | 10.05 | 0 | 0.0 | 8.35 | 2.08 | 0.0 | 6.8 | -0.15 | 0.0 | 18.65 | -1.43 | 0.0 | 0.68 | 15.25 | 0.0 | 7.6 | 1.33 | 0.0 | 0.9 | 0.0 | 0.0 | 0.28 | 0.0 | 0.0 | 5.64 | 172.46 | 0.0 | 6.82 | 109.85 | 0.0 | -0.3 | 11.76 | 0.0 | 5.34 | 208.67 | 0.0 | 0.02 | -9.35 | 0.0 |
