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) | 20.77 | -25.31 | 5.32 | 100.0 | 2.01 | -68.15 | 0 | 0 | 29.58 | -47.69 | -8.11 | 0 | 8.28 | -8.31 | 27.99 | 75.3 | 12.66 | 22.56 | 3.98 | -32.08 | 17.19 | 26.68 | 3.83 | -5.9 | 9.19 | 0.0 | 9.47 | 0.0 | 1.55 | 933.33 | -5.15 | 0 | 5.87 | -58.13 | -3.12 | 0 | -8.27 | 0 | 0.11 | 1.4 |
| 2022 (9) | 27.81 | 0.07 | 2.66 | -82.97 | 6.31 | 150.4 | 0 | 0 | 56.55 | -25.9 | -4.95 | 0 | 9.03 | -32.36 | 15.97 | -8.71 | 10.33 | -20.23 | 5.86 | 9.53 | 13.57 | -31.6 | 4.07 | -1.21 | 9.19 | 21.08 | 9.47 | 0.0 | 0.15 | -91.76 | 4.4 | -43.73 | 14.02 | -26.6 | -1.55 | 0 | 2.85 | -62.84 | 0.11 | 29.07 |
| 2021 (8) | 27.79 | 10.1 | 15.62 | -6.24 | 2.52 | -87.52 | 0 | 0 | 76.32 | -13.62 | -3.75 | 0 | 13.35 | -45.82 | 17.49 | -37.28 | 12.95 | -30.15 | 5.35 | 15.05 | 19.84 | 15.75 | 4.12 | -2.6 | 7.59 | 15.17 | 9.47 | 2.16 | 1.82 | -22.22 | 7.82 | -35.74 | 19.1 | -19.68 | -0.15 | 0 | 7.67 | -25.89 | 0.09 | 0.49 |
| 2020 (7) | 25.24 | 34.4 | 16.66 | -4.96 | 20.2 | 852.83 | 0 | 0 | 88.35 | 12.18 | 2.0 | 5.82 | 24.64 | -3.98 | 27.89 | -14.4 | 18.54 | 28.04 | 4.65 | -10.23 | 17.14 | -53.47 | 4.23 | 126.2 | 6.59 | 3.45 | 9.27 | 1.98 | 2.34 | 0 | 12.17 | -13.26 | 23.78 | 2.85 | -1.82 | 0 | 10.35 | -11.46 | 0.09 | -26.97 |
| 2019 (6) | 18.78 | -55.64 | 17.53 | -13.0 | 2.12 | -94.23 | 0 | 0 | 78.76 | -5.02 | 1.89 | 0 | 25.66 | -15.56 | 32.58 | -11.1 | 14.48 | -11.17 | 5.18 | 14.86 | 36.84 | -0.46 | 1.87 | -5.56 | 6.37 | 4.43 | 9.09 | 0.0 | 0 | 0 | 14.03 | 14.72 | 23.12 | 8.44 | -2.34 | 0 | 11.69 | 11.44 | 0.12 | -28.85 |
| 2018 (5) | 42.34 | -19.35 | 20.15 | -63.04 | 36.71 | 1019.21 | 0 | 0 | 82.92 | -14.3 | -9.54 | 0 | 30.39 | -24.81 | 36.65 | -12.27 | 16.3 | -30.34 | 4.51 | 2155.0 | 37.01 | -25.79 | 1.98 | 330.43 | 6.1 | 0.0 | 9.09 | 0.0 | 0 | 0 | 12.23 | -43.2 | 21.32 | -30.37 | -1.74 | 0 | 10.49 | -49.76 | 0.16 | -2.04 |
| 2017 (4) | 52.5 | -19.88 | 54.52 | 168.7 | 3.28 | -82.86 | 0 | 0 | 96.76 | -34.77 | -2.09 | 0 | 40.42 | 20.69 | 41.77 | 85.03 | 23.4 | 8.74 | 0.2 | 0 | 49.87 | 7.64 | 0.46 | -16.36 | 6.1 | 0.0 | 9.09 | 21.69 | 0 | 0 | 21.53 | -37.41 | 30.62 | -26.89 | -0.65 | 0 | 20.88 | -41.22 | 0.17 | 107.65 |
| 2016 (3) | 65.53 | 102.0 | 20.29 | -10.62 | 19.14 | 540.13 | 0 | 0 | 148.34 | -6.12 | 16.11 | -33.29 | 33.49 | -40.21 | 22.58 | -36.31 | 21.52 | -13.16 | 0 | 0 | 46.33 | 44.29 | 0.55 | 0 | 6.1 | 0.0 | 7.47 | 47.63 | 0 | 0 | 34.4 | 4.5 | 41.88 | 10.27 | 1.12 | 1020.0 | 35.52 | 7.57 | 0.08 | 24.64 |
| 2015 (2) | 32.44 | 96.01 | 22.7 | 234.81 | 2.99 | 1096.0 | 0 | 0 | 158.01 | 63.25 | 24.15 | 61.65 | 56.01 | 73.08 | 35.45 | 6.02 | 24.78 | 46.37 | 0 | 0 | 32.11 | 23.41 | 0 | 0 | 6.1 | 0.16 | 5.06 | 41.74 | 0 | 0 | 32.92 | 69.78 | 37.98 | 65.42 | 0.1 | 42.86 | 33.02 | 69.68 | 0.06 | 3462.59 |
| 2014 (1) | 16.55 | 65.17 | 6.78 | 83.74 | 0.25 | 177.78 | 0 | 0 | 96.79 | 99.53 | 14.94 | 141.36 | 32.36 | 86.3 | 33.43 | -6.63 | 16.93 | 380.97 | 0 | 0 | 26.02 | 1856.39 | 0.01 | 0 | 6.09 | 20.12 | 3.57 | 21.02 | 0 | 0 | 19.39 | 116.16 | 22.96 | 90.7 | 0.07 | 133.33 | 19.46 | 116.22 | 0.00 | -66.63 |
| 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) | 18.7 | -8.69 | -24.81 | 19.22 | -33.12 | 1079.14 | 2.01 | 2.55 | -13.73 | 0 | 0 | 0 | 17.25 | -23.98 | 189.43 | -1.7 | -962.5 | -553.85 | 30.0 | 27.33 | 451.47 | 45.85 | 5.36 | 149.14 | 12.7 | -22.13 | 44.32 | 2.85 | -8.36 | -47.42 | 33.84 | 71.08 | 107.99 | 3.73 | -0.8 | -6.75 | 9.19 | 0.0 | 0.0 | 4.32 | 0.0 | -54.38 | 1.55 | 0.0 | 0.0 | -1.4 | -566.67 | -86.67 | 4.47 | -27.55 | -56.48 | -3.31 | 10.05 | -19.06 | -4.71 | -39.35 | -33.43 | 0.09 | -11.37 | -24.59 |
| 24Q2 (19) | 20.48 | 19.49 | -20.96 | 28.74 | 43.92 | 1895.83 | 1.96 | 23.27 | -25.19 | 0 | 0 | 0 | 22.69 | 49.28 | 307.36 | -0.16 | -134.78 | 90.75 | 23.56 | 69.5 | 322.22 | 43.52 | 15.9 | 193.39 | 16.31 | -0.49 | 99.88 | 3.11 | -17.07 | -44.56 | 19.78 | 14.34 | 30.65 | 3.76 | -0.79 | -6.47 | 9.19 | 0.0 | 0.0 | 4.32 | -54.38 | -54.38 | 1.55 | 0.0 | 0.0 | 0.3 | 106.4 | 160.0 | 6.17 | -2.53 | -41.29 | -3.68 | -3.95 | -59.31 | -3.38 | 58.93 | -20.28 | 0.10 | -5.8 | -18.9 |
| 24Q1 (18) | 17.14 | -17.48 | -19.04 | 19.97 | 275.38 | 883.74 | 1.59 | -20.9 | -45.17 | 0 | 0 | 0 | 15.2 | 47.72 | 95.88 | 0.46 | 110.6 | 125.99 | 13.9 | 67.87 | 104.71 | 37.55 | 34.14 | 170.19 | 16.39 | 29.46 | 65.22 | 3.75 | -5.78 | -34.55 | 17.3 | 0.64 | 34.21 | 3.79 | -1.04 | -6.19 | 9.19 | 0.0 | 0.0 | 9.47 | 0.0 | 0.0 | 1.55 | 0.0 | 933.33 | -4.69 | 8.93 | -278.33 | 6.33 | 7.84 | -48.33 | -3.54 | -13.46 | -131.37 | -8.23 | 0.48 | -848.18 | 0.11 | -4.09 | 4.51 |
| 23Q4 (17) | 20.77 | -16.49 | -25.31 | 5.32 | 226.38 | 100.0 | 2.01 | -13.73 | -68.15 | 0 | 0 | 0 | 10.29 | 72.65 | 0.19 | -4.34 | -1569.23 | -35.2 | 8.28 | 52.21 | -8.31 | 27.99 | 52.1 | 75.3 | 12.66 | 43.86 | 22.56 | 3.98 | -26.57 | -32.08 | 17.19 | 5.65 | 26.68 | 3.83 | -4.25 | -5.9 | 9.19 | 0.0 | 0.0 | 9.47 | 0.0 | 0.0 | 1.55 | 0.0 | 933.33 | -5.15 | -586.67 | -217.05 | 5.87 | -42.84 | -58.13 | -3.12 | -12.23 | -101.29 | -8.27 | -134.28 | -390.18 | 0.11 | -5.81 | 1.4 |
| 23Q3 (16) | 24.87 | -4.01 | -9.99 | 1.63 | 13.19 | -59.25 | 2.33 | -11.07 | -61.74 | 0 | 0 | 0 | 5.96 | 7.0 | -57.49 | -0.26 | 84.97 | 83.44 | 5.44 | -2.51 | -65.74 | 18.40 | 24.07 | -23.18 | 8.8 | 7.84 | -8.62 | 5.42 | -3.39 | -10.12 | 16.27 | 7.46 | 16.38 | 4.0 | -0.5 | -1.48 | 9.19 | 0.0 | 0.0 | 9.47 | 0.0 | 0.0 | 1.55 | 0.0 | 933.33 | -0.75 | -50.0 | -109.68 | 10.27 | -2.28 | -40.88 | -2.78 | -20.35 | -117.19 | -3.53 | -25.62 | -154.56 | 0.12 | -4.69 | 20.8 |
| 23Q2 (15) | 25.91 | 22.39 | 26.64 | 1.44 | -29.06 | -86.87 | 2.62 | -9.66 | -56.62 | 0 | 0 | 0 | 5.57 | -28.22 | -66.86 | -1.73 | 2.26 | -158.21 | 5.58 | -17.82 | -69.17 | 14.83 | 6.73 | -43.63 | 8.16 | -17.74 | -29.9 | 5.61 | -2.09 | -9.52 | 15.14 | 17.46 | -24.68 | 4.02 | -0.5 | -1.71 | 9.19 | 0.0 | 21.08 | 9.47 | 0.0 | 0.0 | 1.55 | 933.33 | 933.33 | -0.5 | -119.01 | -105.36 | 10.51 | -14.2 | -44.51 | -2.31 | -50.98 | -111.93 | -2.81 | -355.45 | -134.14 | 0.12 | 21.39 | 3.8 |
| 23Q1 (14) | 21.17 | -23.88 | -16.03 | 2.03 | -23.68 | -86.14 | 2.9 | -54.04 | -52.38 | 0 | 0 | 0 | 7.76 | -24.44 | -49.77 | -1.77 | 44.86 | -454.0 | 6.79 | -24.81 | -55.39 | 13.90 | -12.97 | -35.36 | 9.92 | -3.97 | -23.34 | 5.73 | -2.22 | 3.06 | 12.89 | -5.01 | -40.43 | 4.04 | -0.74 | -1.22 | 9.19 | 0.0 | 21.08 | 9.47 | 0.0 | 0.0 | 0.15 | 0.0 | -91.76 | 2.63 | -40.23 | -68.39 | 12.25 | -12.62 | -37.53 | -1.53 | 1.29 | -363.79 | 1.1 | -61.4 | -87.64 | 0.10 | -6.94 | -10.58 |
| 22Q4 (13) | 27.81 | 0.65 | 0.07 | 2.66 | -33.5 | -82.97 | 6.31 | 3.61 | 150.4 | 0 | 0 | 0 | 10.27 | -26.75 | -48.68 | -3.21 | -104.46 | -56.59 | 9.03 | -43.14 | -32.36 | 15.97 | -33.34 | -8.7 | 10.33 | 7.27 | -20.23 | 5.86 | -2.82 | 9.53 | 13.57 | -2.93 | -31.6 | 4.07 | 0.25 | -1.21 | 9.19 | 0.0 | 21.08 | 9.47 | 0.0 | 0.0 | 0.15 | 0.0 | -91.76 | 4.4 | -43.23 | -43.73 | 14.02 | -19.29 | -26.6 | -1.55 | -21.09 | -933.33 | 2.85 | -55.95 | -62.84 | 0.11 | 12.2 | 29.07 |
| 22Q3 (12) | 27.63 | 35.04 | 11.91 | 4.0 | -63.54 | -71.08 | 6.09 | 0.83 | 142.63 | 0 | 0 | 0 | 14.02 | -16.6 | -15.13 | -1.57 | -134.33 | -31.93 | 15.88 | -12.27 | -14.02 | 23.96 | -8.96 | 4.8 | 9.63 | -17.27 | -23.81 | 6.03 | -2.74 | 11.25 | 13.98 | -30.45 | -19.84 | 4.06 | -0.73 | -2.17 | 9.19 | 21.08 | 21.08 | 9.47 | 0.0 | 0.0 | 0.15 | 0.0 | -91.76 | 7.75 | -16.85 | -21.24 | 17.37 | -8.29 | -17.79 | -1.28 | -17.43 | -652.94 | 6.47 | -21.39 | -33.09 | 0.10 | -18.11 | 8.19 |
| 22Q2 (11) | 20.46 | -18.84 | -38.98 | 10.97 | -25.12 | -46.83 | 6.04 | -0.82 | 120.44 | 0 | 0 | 0 | 16.81 | 8.8 | -10.68 | -0.67 | -234.0 | 30.21 | 18.1 | 18.92 | -10.44 | 26.31 | 22.4 | 19.09 | 11.64 | -10.05 | -24.85 | 6.2 | 11.51 | 33.91 | 20.1 | -7.12 | 5.46 | 4.09 | 0.0 | -1.92 | 7.59 | 0.0 | 0.0 | 9.47 | 0.0 | 2.16 | 0.15 | -91.76 | -93.59 | 9.32 | 12.02 | -22.33 | 18.94 | -3.42 | -19.81 | -1.09 | -287.93 | -70.31 | 8.23 | -7.53 | -27.55 | 0.12 | 4.57 | 36.59 |
| 22Q1 (10) | 25.21 | -9.28 | 2.31 | 14.65 | -6.21 | -30.3 | 6.09 | 141.67 | 136.96 | 0 | 0 | 0 | 15.45 | -22.79 | -26.36 | 0.5 | 124.39 | 13.64 | 15.22 | 14.01 | -30.09 | 21.50 | 22.91 | -10.59 | 12.94 | -0.08 | -9.38 | 5.56 | 3.93 | 20.09 | 21.64 | 9.07 | 7.39 | 4.09 | -0.73 | -2.62 | 7.59 | 0.0 | 15.17 | 9.47 | 0.0 | 2.16 | 1.82 | 0.0 | -22.22 | 8.32 | 6.39 | -35.1 | 19.61 | 2.67 | -19.76 | 0.58 | 486.67 | 165.17 | 8.9 | 16.04 | -25.4 | 0.12 | 34.32 | 6.86 |
| 21Q4 (9) | 27.79 | 12.56 | 10.1 | 15.62 | 12.94 | -6.24 | 2.52 | 0.4 | -87.52 | 0 | 0 | 0 | 20.01 | 21.13 | -18.26 | -2.05 | -72.27 | -447.46 | 13.35 | -27.72 | -45.82 | 17.49 | -23.49 | -37.29 | 12.95 | 2.45 | -30.15 | 5.35 | -1.29 | 15.05 | 19.84 | 13.76 | 15.75 | 4.12 | -0.72 | -2.6 | 7.59 | 0.0 | 15.17 | 9.47 | 0.0 | 2.16 | 1.82 | 0.0 | -22.22 | 7.82 | -20.53 | -35.74 | 19.1 | -9.61 | -19.68 | -0.15 | 11.76 | 91.76 | 7.67 | -20.68 | -25.89 | 0.09 | -5.94 | 0.49 |
| 21Q3 (8) | 24.69 | -26.36 | 19.1 | 13.83 | -32.96 | -22.0 | 2.51 | -8.39 | -87.89 | 0 | 0 | 0 | 16.52 | -12.22 | -39.24 | -1.19 | -23.96 | -147.04 | 18.47 | -8.61 | -25.22 | 22.86 | 3.46 | -23.24 | 12.64 | -18.4 | -23.95 | 5.42 | 17.06 | -40.37 | 17.44 | -8.5 | -2.19 | 4.15 | -0.48 | 178.52 | 7.59 | 0.0 | 19.15 | 9.47 | 2.16 | 2.16 | 1.82 | -22.22 | -22.22 | 9.84 | -18.0 | -15.25 | 21.13 | -10.54 | -9.04 | -0.17 | 73.44 | 94.88 | 9.67 | -14.88 | 16.65 | 0.09 | 3.39 | -5.99 |
| 21Q2 (7) | 33.53 | 36.08 | 36.25 | 20.63 | -1.86 | -6.27 | 2.74 | 6.61 | -86.93 | 0 | 0 | 0 | 18.82 | -10.3 | 5.2 | -0.96 | -318.18 | -71.43 | 20.21 | -7.17 | -14.73 | 22.09 | -8.11 | 0 | 15.49 | 8.47 | 9.32 | 4.63 | 0.0 | -49.4 | 19.06 | -5.41 | 5.13 | 4.17 | -0.71 | 174.34 | 7.59 | 15.17 | 19.15 | 9.27 | 0.0 | 0.0 | 2.34 | 0.0 | 0.0 | 12.0 | -6.4 | 31.58 | 23.62 | -3.36 | 13.94 | -0.64 | 28.09 | 81.56 | 11.36 | -4.78 | 101.06 | 0.09 | -18.19 | -16.88 |
| 21Q1 (6) | 24.64 | -2.38 | 22.28 | 21.02 | 26.17 | -6.12 | 2.57 | -87.28 | -87.91 | 0 | 0 | 0 | 20.98 | -14.3 | 11.66 | 0.44 | -25.42 | 178.57 | 21.77 | -11.65 | -15.95 | 24.04 | -13.78 | 0 | 14.28 | -22.98 | -14.75 | 4.63 | -0.43 | -49.56 | 20.15 | 17.56 | 5.28 | 4.2 | -0.71 | 128.26 | 6.59 | 0.0 | 3.45 | 9.27 | 0.0 | 1.98 | 2.34 | 0.0 | 0 | 12.82 | 5.34 | -4.83 | 24.44 | 2.78 | 8.33 | -0.89 | 51.1 | 74.43 | 11.93 | 15.27 | 19.42 | 0.11 | 26.32 | -6.86 |
| 20Q4 (5) | 25.24 | 21.76 | 34.4 | 16.66 | -6.03 | -4.96 | 20.2 | -2.51 | 852.83 | 0 | 0 | 0 | 24.48 | -9.97 | 28.37 | 0.59 | -76.68 | 171.95 | 24.64 | -0.24 | -3.98 | 27.89 | -6.35 | 0 | 18.54 | 11.55 | 28.04 | 4.65 | -48.84 | -10.23 | 17.14 | -3.87 | -53.47 | 4.23 | 183.89 | 126.2 | 6.59 | 3.45 | 3.45 | 9.27 | 0.0 | 1.98 | 2.34 | 0.0 | 0 | 12.17 | 4.82 | -13.26 | 23.78 | 2.37 | 2.85 | -1.82 | 45.18 | 22.22 | 10.35 | 24.85 | -11.46 | 0.09 | -12.01 | -26.97 |
| 20Q3 (4) | 20.73 | -15.77 | 0.0 | 17.73 | -19.45 | 0.0 | 20.72 | -1.19 | 0.0 | 0 | 0 | 0.0 | 27.19 | 51.98 | 0.0 | 2.53 | 551.79 | 0.0 | 24.7 | 4.22 | 0.0 | 29.78 | 0 | 0.0 | 16.62 | 17.29 | 0.0 | 9.09 | -0.66 | 0.0 | 17.83 | -1.65 | 0.0 | 1.49 | -1.97 | 0.0 | 6.37 | 0.0 | 0.0 | 9.27 | 0.0 | 0.0 | 2.34 | 0.0 | 0.0 | 11.61 | 27.3 | 0.0 | 23.23 | 12.06 | 0.0 | -3.32 | 4.32 | 0.0 | 8.29 | 46.73 | 0.0 | 0.10 | -8.59 | 0.0 |
