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) | 14.14 | 271.13 | 6.09 | -1.3 | 0.68 | -37.04 | 0 | 0 | 61.24 | -3.13 | 3.85 | 17.74 | 15.63 | -11.39 | 25.52 | -8.53 | 6.59 | -49.58 | 0 | 0 | 1.09 | -36.63 | 0.39 | -15.22 | 7.87 | 1.94 | 3.84 | 8.78 | 1.7 | -27.97 | 12.68 | 23.71 | 18.21 | 12.83 | -2.04 | 0 | 10.64 | 24.44 | 0.01 | -6.87 |
| 2022 (9) | 3.81 | 7.02 | 6.17 | -36.0 | 1.08 | -14.29 | 0 | 0 | 63.22 | 2.55 | 3.27 | 36.25 | 17.64 | -0.34 | 27.90 | -2.81 | 13.07 | -11.75 | 0 | 0 | 1.72 | -26.5 | 0.46 | -8.0 | 7.72 | 0.65 | 3.53 | 7.29 | 2.36 | 18.0 | 10.25 | 7.56 | 16.14 | 8.91 | -1.7 | 0 | 8.55 | 19.25 | 0.01 | -45.68 |
| 2021 (8) | 3.56 | -49.5 | 9.64 | 41.14 | 1.26 | -80.76 | 0 | 0 | 61.65 | 23.77 | 2.4 | 152.63 | 17.7 | 30.34 | 28.71 | 5.31 | 14.81 | 27.12 | 0 | 0 | 2.34 | -17.89 | 0.5 | 0.0 | 7.67 | 10.04 | 3.29 | 3.13 | 2.0 | -9.5 | 9.53 | 13.86 | 14.82 | 7.63 | -2.36 | 0 | 7.17 | 12.56 | 0.01 | -19.22 |
| 2020 (7) | 7.05 | 18.89 | 6.83 | -24.53 | 6.55 | 64.99 | 0 | 0 | 49.81 | 6.93 | 0.95 | 79.25 | 13.58 | 0.37 | 27.26 | -6.14 | 11.65 | 9.39 | 0 | 0 | 2.85 | -21.7 | 0.5 | 8.7 | 6.97 | 0.0 | 3.19 | 1.59 | 2.21 | 43.51 | 8.37 | -1.3 | 13.77 | 4.64 | -2.0 | 0 | 6.37 | 1.59 | 0.02 | 64.18 |
| 2019 (6) | 5.93 | -39.24 | 9.05 | -13.65 | 3.97 | 1268.97 | 0 | 0 | 46.58 | 4.02 | 0.53 | -55.83 | 13.53 | -0.44 | 29.05 | -4.29 | 10.65 | -2.2 | 0 | 0 | 3.64 | -34.06 | 0.46 | 119.05 | 6.97 | 0.0 | 3.14 | 3.97 | 1.54 | 4.76 | 8.48 | -5.46 | 13.16 | -2.3 | -2.21 | 0 | 6.27 | -15.61 | 0.01 | -62.52 |
| 2018 (5) | 9.76 | 19.32 | 10.48 | 15.55 | 0.29 | 0 | 0 | 0 | 44.78 | 4.41 | 1.2 | -50.62 | 13.59 | 13.06 | 30.35 | 8.29 | 10.89 | 10.67 | 0 | 0 | 5.52 | 138.96 | 0.21 | 40.0 | 6.97 | 0.0 | 3.02 | 8.63 | 1.47 | 68.97 | 8.97 | -12.23 | 13.47 | -2.88 | -1.54 | 0 | 7.43 | -15.09 | 0.03 | -3.31 |
| 2017 (4) | 8.18 | 126.59 | 9.07 | 8.36 | 0 | 0 | 0 | 0 | 42.89 | -4.14 | 2.43 | 27.89 | 12.02 | -2.51 | 28.03 | 1.69 | 9.84 | -13.84 | 0 | 0 | 2.31 | 0 | 0.15 | 0.0 | 6.97 | 0.0 | 2.78 | 7.34 | 0.87 | 987.5 | 10.22 | 3.44 | 13.87 | 10.52 | -1.47 | 0 | 8.75 | -2.89 | 0.03 | 243.27 |
| 2016 (3) | 3.61 | -8.38 | 8.37 | 9.84 | 0 | 0 | 0 | 0 | 44.74 | -0.38 | 1.9 | 7.95 | 12.33 | 9.31 | 27.56 | 9.72 | 11.42 | -22.42 | 0 | 0 | 0 | 0 | 0.15 | 15.38 | 6.97 | 0.0 | 2.59 | 7.47 | 0.08 | 0.0 | 9.88 | 7.39 | 12.55 | 7.36 | -0.87 | 0 | 9.01 | -7.11 | 0.01 | 1.99 |
| 2015 (2) | 3.94 | -61.11 | 7.62 | 37.55 | 0.17 | -85.71 | 0 | 0 | 44.91 | -12.9 | 1.76 | -65.42 | 11.28 | -3.09 | 25.12 | 11.26 | 14.72 | 11.09 | 0 | 0 | 0 | 0 | 0.13 | -40.91 | 6.97 | 0.0 | 2.41 | 26.84 | 0.08 | -74.19 | 9.2 | -14.18 | 11.69 | -9.59 | 0.5 | -27.54 | 9.7 | -14.99 | 0.01 | -28.45 |
| 2014 (1) | 10.13 | -19.48 | 5.54 | 32.85 | 1.19 | 0 | 0 | 0 | 51.56 | 9.89 | 5.09 | -2.12 | 11.64 | -1.69 | 22.58 | -10.54 | 13.25 | 50.4 | 0 | 0 | 0 | 0 | 0.22 | 4.76 | 6.97 | 3.11 | 1.9 | 37.68 | 0.31 | 0.0 | 10.72 | 16.27 | 12.93 | 18.52 | 0.69 | 0 | 11.41 | 24.84 | 0.01 | -28.26 |
| 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) | 14.18 | -15.19 | -10.59 | 0.8 | 19.4 | -94.27 | 0 | 0 | -100.0 | 0 | 0 | 0 | 14.33 | 18.72 | -19.04 | 1.86 | 60.34 | 14.81 | 16.32 | 10.79 | -24.16 | 32.25 | 18.17 | -6.18 | 6.2 | 12.52 | -25.84 | 0.05 | 0 | 0 | 4.32 | -8.28 | 232.31 | 0.34 | -5.56 | -17.07 | 8.03 | 1.13 | 2.29 | 4.22 | 0.0 | 9.9 | 2.04 | 0.0 | 20.0 | 13.46 | 16.03 | 9.16 | 19.72 | 10.41 | 10.35 | -1.05 | -56.72 | -0.96 | 12.41 | 13.54 | 9.92 | 0.01 | -0.83 | -19.17 |
| 24Q2 (19) | 16.72 | 15.63 | 134.5 | 0.67 | 123.33 | -89.21 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 12.07 | 11.04 | -22.97 | 1.16 | 169.77 | 0.87 | 14.73 | 4.1 | -23.8 | 27.29 | 11.04 | -15.5 | 5.51 | -5.97 | -47.07 | 0 | 0 | 0 | 4.71 | -5.8 | 236.43 | 0.36 | -5.26 | -14.29 | 7.94 | 0.89 | 2.58 | 4.22 | 9.9 | 9.9 | 2.04 | 20.0 | 20.0 | 11.6 | 3.85 | 8.31 | 17.86 | 6.95 | 9.91 | -0.67 | 26.37 | 67.16 | 10.93 | 6.53 | 26.07 | 0.01 | -9.04 | -28.41 |
| 24Q1 (18) | 14.46 | 2.26 | 229.38 | 0.3 | -95.07 | -94.34 | 0.2 | -70.59 | -81.48 | 0 | 0 | 0 | 10.87 | -18.52 | -25.14 | 0.43 | 26.47 | -41.1 | 14.15 | -9.47 | -19.33 | 24.57 | -3.73 | -14.24 | 5.86 | -11.08 | -51.69 | 0 | 0 | 0 | 5.0 | 358.72 | 220.51 | 0.38 | -2.56 | -15.56 | 7.87 | 0.0 | 1.94 | 3.84 | 0.0 | 8.78 | 1.7 | 0.0 | -27.97 | 11.17 | -11.91 | 21.28 | 16.7 | -8.29 | 10.6 | -0.91 | 55.39 | 45.51 | 10.26 | -3.57 | 36.07 | 0.01 | -11.82 | -13.56 |
| 23Q4 (17) | 14.14 | -10.84 | 271.13 | 6.09 | -56.34 | -1.3 | 0.68 | -2.86 | -37.04 | 0 | 0 | 0 | 13.34 | -24.63 | -9.38 | 0.34 | -79.01 | -29.17 | 15.63 | -27.37 | -11.39 | 25.53 | -25.73 | -8.51 | 6.59 | -21.17 | -49.58 | 0 | 0 | 0 | 1.09 | -16.15 | -36.63 | 0.39 | -4.88 | -15.22 | 7.87 | 0.25 | 1.94 | 3.84 | 0.0 | 8.78 | 1.7 | 0.0 | -27.97 | 12.68 | 2.84 | 23.71 | 18.21 | 1.9 | 12.83 | -2.04 | -96.15 | -20.0 | 10.64 | -5.76 | 24.44 | 0.01 | 1.62 | -6.87 |
| 23Q3 (16) | 15.86 | 122.44 | 270.56 | 13.95 | 124.64 | 53.97 | 0.7 | -32.04 | -35.19 | 0 | 0 | 0 | 17.7 | 12.95 | 18.39 | 1.62 | 40.87 | 110.39 | 21.52 | 11.33 | 14.96 | 34.37 | 6.44 | 16.57 | 8.36 | -19.69 | -41.09 | 0 | 0 | 0 | 1.3 | -7.14 | -30.48 | 0.41 | -2.38 | -10.87 | 7.85 | 1.42 | 1.68 | 3.84 | 0.0 | 8.78 | 1.7 | 0.0 | -27.97 | 12.33 | 15.13 | 25.3 | 17.87 | 9.97 | 13.6 | -1.04 | 49.02 | 18.75 | 11.29 | 30.22 | 31.89 | 0.01 | -12.16 | -32.51 |
| 23Q2 (15) | 7.13 | 62.41 | 33.27 | 6.21 | 17.17 | -35.11 | 1.03 | -4.63 | -4.63 | 0 | 0 | 0 | 15.67 | 7.92 | -7.93 | 1.15 | 57.53 | 17.35 | 19.33 | 10.21 | -0.97 | 32.29 | 12.69 | 8.9 | 10.41 | -14.18 | -34.16 | 0 | 0 | 0 | 1.4 | -10.26 | -31.03 | 0.42 | -6.67 | -6.67 | 7.74 | 0.26 | 0.26 | 3.84 | 8.78 | 8.78 | 1.7 | -27.97 | -27.97 | 10.71 | 16.29 | 17.95 | 16.25 | 7.62 | 8.62 | -2.04 | -22.16 | -10.87 | 8.67 | 14.99 | 19.75 | 0.01 | 9.82 | -30.52 |
| 23Q1 (14) | 4.39 | 15.22 | -15.9 | 5.3 | -14.1 | -52.59 | 1.08 | 0.0 | -3.57 | 0 | 0 | 0 | 14.52 | -1.36 | -12.16 | 0.73 | 52.08 | -29.81 | 17.54 | -0.57 | -10.56 | 28.66 | 2.7 | -5.6 | 12.13 | -7.19 | -24.98 | 0 | 0 | 0 | 1.56 | -9.3 | -28.44 | 0.45 | -2.17 | -6.25 | 7.72 | 0.0 | 0.13 | 3.53 | 0.0 | 7.29 | 2.36 | 0.0 | 18.0 | 9.21 | -10.15 | 5.74 | 15.1 | -6.44 | 7.86 | -1.67 | 1.76 | -5.7 | 7.54 | -11.81 | 5.75 | 0.01 | -5.0 | -32.78 |
| 22Q4 (13) | 3.81 | -10.98 | 7.02 | 6.17 | -31.9 | -36.0 | 1.08 | 0.0 | -14.29 | 0 | 0 | 0 | 14.72 | -1.54 | -1.8 | 0.48 | -37.66 | 50.0 | 17.64 | -5.77 | -0.34 | 27.90 | -5.37 | -2.81 | 13.07 | -7.89 | -11.75 | 0 | 0 | 0 | 1.72 | -8.02 | -26.5 | 0.46 | 0.0 | -8.0 | 7.72 | 0.0 | 0.65 | 3.53 | 0.0 | 7.29 | 2.36 | 0.0 | 18.0 | 10.25 | 4.17 | 7.56 | 16.14 | 2.61 | 8.91 | -1.7 | -32.81 | 27.97 | 8.55 | -0.12 | 19.25 | 0.01 | -26.35 | -45.68 |
| 22Q3 (12) | 4.28 | -20.0 | 25.15 | 9.06 | -5.33 | -10.65 | 1.08 | 0.0 | 74.19 | 0 | 0 | 0 | 14.95 | -12.16 | -13.53 | 0.77 | -21.43 | -23.0 | 18.72 | -4.1 | -0.43 | 29.48 | -0.56 | -7.23 | 14.19 | -10.25 | 0.92 | 0 | 0 | 0 | 1.87 | -7.88 | -52.17 | 0.46 | 2.22 | -2.13 | 7.72 | 0.0 | 4.04 | 3.53 | 0.0 | 7.29 | 2.36 | 0.0 | 18.0 | 9.84 | 8.37 | 4.24 | 15.73 | 5.15 | 6.79 | -1.28 | 30.43 | 49.21 | 8.56 | 18.23 | 23.7 | 0.01 | -9.57 | -43.11 |
| 22Q2 (11) | 5.35 | 2.49 | 27.08 | 9.57 | -14.4 | 0.63 | 1.08 | -3.57 | -65.38 | 0 | 0 | 0 | 17.02 | 2.96 | 7.79 | 0.98 | -5.77 | 20.99 | 19.52 | -0.46 | 13.36 | 29.65 | -2.32 | -4.81 | 15.81 | -2.23 | 10.64 | 0 | 0 | 0 | 2.03 | -6.88 | -29.27 | 0.45 | -6.25 | -6.25 | 7.72 | 0.13 | 10.76 | 3.53 | 7.29 | 10.66 | 2.36 | 18.0 | 6.79 | 9.08 | 4.25 | 9.0 | 14.96 | 6.86 | 8.96 | -1.84 | -16.46 | 23.65 | 7.24 | 1.54 | 22.3 | 0.01 | 6.26 | -36.51 |
| 22Q1 (10) | 5.22 | 46.63 | -29.93 | 11.18 | 15.98 | -4.2 | 1.12 | -11.11 | -64.1 | 0 | 0 | 0 | 16.53 | 10.27 | 21.72 | 1.04 | 225.0 | 285.19 | 19.61 | 10.79 | 27.26 | 30.36 | 5.73 | 6.61 | 16.17 | 9.18 | 23.06 | 0 | 0 | 0 | 2.18 | -6.84 | -23.78 | 0.48 | -4.0 | 0.0 | 7.71 | 0.52 | 10.62 | 3.29 | 0.0 | 3.13 | 2.0 | 0.0 | -9.5 | 8.71 | -8.6 | 12.53 | 14.0 | -5.53 | 6.54 | -1.58 | 33.05 | 26.85 | 7.13 | -0.56 | 27.78 | 0.01 | -23.23 | -41.0 |
| 21Q4 (9) | 3.56 | 4.09 | -49.5 | 9.64 | -4.93 | 41.14 | 1.26 | 103.23 | -80.76 | 0 | 0 | 0 | 14.99 | -13.3 | 20.02 | 0.32 | -68.0 | 206.67 | 17.7 | -5.85 | 30.34 | 28.71 | -9.67 | 5.31 | 14.81 | 5.33 | 27.12 | 0 | 0 | 0 | 2.34 | -40.15 | -17.89 | 0.5 | 6.38 | 0.0 | 7.67 | 3.37 | 10.04 | 3.29 | 0.0 | 3.13 | 2.0 | 0.0 | -9.5 | 9.53 | 0.95 | 13.86 | 14.82 | 0.61 | 7.63 | -2.36 | 6.35 | -18.0 | 7.17 | 3.61 | 12.56 | 0.01 | -22.87 | -19.22 |
| 21Q3 (8) | 3.42 | -18.76 | -59.24 | 10.14 | 6.62 | -12.81 | 0.62 | -80.13 | -90.51 | 0 | 0 | 0 | 17.29 | 9.5 | 28.84 | 1.0 | 23.46 | 194.12 | 18.8 | 9.18 | 28.33 | 31.78 | 2.03 | 7.5 | 14.06 | -1.61 | 24.98 | 0 | 0 | 0 | 3.91 | 36.24 | 0 | 0.47 | -2.08 | -2.08 | 7.42 | 6.46 | 6.46 | 3.29 | 3.13 | 3.13 | 2.0 | -9.5 | -9.5 | 9.44 | 13.33 | 8.88 | 14.73 | 7.28 | 4.69 | -2.52 | -4.56 | -2.86 | 6.92 | 16.89 | 11.25 | 0.02 | 0.91 | 30.42 |
| 21Q2 (7) | 4.21 | -43.49 | -45.18 | 9.51 | -18.51 | -13.55 | 3.12 | 0.0 | -20.41 | 0 | 0 | 0 | 15.79 | 16.27 | 7.93 | 0.81 | 200.0 | -32.5 | 17.22 | 11.75 | 11.38 | 31.15 | 9.4 | 0 | 14.29 | 8.75 | 32.68 | 0 | 0 | 0 | 2.87 | 0.35 | -8.01 | 0.48 | 0.0 | -2.04 | 6.97 | 0.0 | 0.0 | 3.19 | 0.0 | 0.0 | 2.21 | 0.0 | 0.0 | 8.33 | 7.62 | 0.12 | 13.73 | 4.49 | 0.07 | -2.41 | -11.57 | 11.4 | 5.92 | 6.09 | 5.71 | 0.02 | -1.26 | 29.66 |
| 21Q1 (6) | 7.45 | 5.67 | -2.49 | 11.67 | 70.86 | 13.63 | 3.12 | -52.37 | -20.0 | 0 | 0 | 0 | 13.58 | 8.73 | 46.49 | 0.27 | 190.0 | 193.1 | 15.41 | 13.48 | 39.33 | 28.47 | 4.44 | 0 | 13.14 | 12.79 | 22.69 | 0 | 0 | 0 | 2.86 | 0.35 | -8.33 | 0.48 | -4.0 | -5.88 | 6.97 | 0.0 | 0.0 | 3.19 | 0.0 | 1.59 | 2.21 | 0.0 | 43.51 | 7.74 | -7.53 | -1.28 | 13.14 | -4.58 | 4.95 | -2.16 | -8.0 | 10.0 | 5.58 | -12.4 | 2.57 | 0.02 | 5.11 | 173.68 |
| 20Q4 (5) | 7.05 | -15.97 | 18.89 | 6.83 | -41.27 | -24.53 | 6.55 | 0.31 | 64.99 | 0 | 0 | 0 | 12.49 | -6.93 | 2.13 | -0.3 | -188.24 | -314.29 | 13.58 | -7.3 | 0.37 | 27.26 | -7.79 | 0 | 11.65 | 3.56 | 9.39 | 0 | 0 | 0 | 2.85 | 0 | -21.7 | 0.5 | 4.17 | 8.7 | 6.97 | 0.0 | 0.0 | 3.19 | 0.0 | 1.59 | 2.21 | 0.0 | 43.51 | 8.37 | -3.46 | -1.3 | 13.77 | -2.13 | 4.64 | -2.0 | 18.37 | 9.5 | 6.37 | 2.41 | 1.59 | 0.02 | 24.52 | 64.18 |
| 20Q3 (4) | 8.39 | 9.24 | 0.0 | 11.63 | 5.73 | 0.0 | 6.53 | 66.58 | 0.0 | 0 | 0 | 0.0 | 13.42 | -8.27 | 0.0 | 0.34 | -71.67 | 0.0 | 14.65 | -5.24 | 0.0 | 29.57 | 0 | 0.0 | 11.25 | 4.46 | 0.0 | 0 | 0 | 0.0 | 0 | -100.0 | 0.0 | 0.48 | -2.04 | 0.0 | 6.97 | 0.0 | 0.0 | 3.19 | 0.0 | 0.0 | 2.21 | 0.0 | 0.0 | 8.67 | 4.21 | 0.0 | 14.07 | 2.55 | 0.0 | -2.45 | 9.93 | 0.0 | 6.22 | 11.07 | 0.0 | 0.01 | 0.32 | 0.0 |
