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) | 30.66 | 21.33 | 4.36 | -66.46 | 15.97 | 2475.81 | 0 | 0 | 72.95 | -25.34 | 12.56 | 39.09 | 30.82 | -37.47 | 42.25 | -16.25 | 7.23 | -19.58 | 8.82 | -4.13 | 3.97 | -80.28 | 0.48 | -11.11 | 9.86 | 0.51 | 3.82 | 30.82 | 3.48 | -11.0 | 25.77 | 38.92 | 33.08 | 30.34 | -4.56 | 0 | 21.21 | 40.74 | 0.15 | -7.15 |
| 2022 (9) | 25.27 | -0.16 | 13.0 | -43.28 | 0.62 | 210.0 | 0 | 0 | 97.71 | -8.77 | 9.03 | 385.48 | 49.29 | -2.12 | 50.45 | 7.28 | 8.99 | -27.27 | 9.2 | -0.54 | 20.13 | -10.33 | 0.54 | 390.91 | 9.81 | 4.92 | 2.92 | 6.96 | 3.91 | -6.68 | 18.55 | 71.44 | 25.38 | 43.07 | -3.48 | 0 | 15.07 | 118.09 | 0.16 | -5.67 |
| 2021 (8) | 25.31 | 58.29 | 22.92 | 193.47 | 0.2 | -91.56 | 0 | 0 | 107.1 | 8.53 | 1.86 | -70.29 | 50.36 | -16.29 | 47.02 | -22.87 | 12.36 | 21.65 | 9.25 | 0 | 22.45 | 401.12 | 0.11 | 0.0 | 9.35 | 0.0 | 2.73 | 29.38 | 4.19 | -0.71 | 10.82 | -15.4 | 17.74 | -7.22 | -3.91 | 0 | 6.91 | -19.65 | 0.17 | -0.88 |
| 2020 (7) | 15.99 | -24.61 | 7.81 | 96.23 | 2.37 | 8.72 | 0 | 0 | 98.68 | 60.38 | 6.26 | -24.12 | 60.16 | 71.69 | 60.96 | 7.05 | 10.16 | 66.28 | 0 | 0 | 4.48 | -56.59 | 0.11 | -21.43 | 9.35 | 0.0 | 2.11 | 64.84 | 4.22 | 27.88 | 12.79 | 6.94 | 19.12 | 15.6 | -4.19 | 0 | 8.6 | 11.11 | 0.17 | 106.54 |
| 2019 (6) | 21.21 | 73.14 | 3.98 | -5.69 | 2.18 | 86.32 | 0 | 0 | 61.53 | -0.68 | 8.25 | -18.56 | 35.04 | 4.91 | 56.95 | 5.63 | 6.11 | 32.83 | 0 | 0 | 10.32 | 24.49 | 0.14 | 7.69 | 9.35 | 0.0 | 1.28 | 374.07 | 3.3 | 36.36 | 11.96 | 17.25 | 16.54 | 28.32 | -4.22 | 0 | 7.74 | 13.32 | 0.08 | -4.33 |
| 2018 (5) | 12.25 | 0.41 | 4.22 | -19.77 | 1.17 | -21.48 | 0 | 0 | 61.95 | 26.3 | 10.13 | 362.56 | 33.4 | 40.81 | 53.91 | 11.49 | 4.6 | -11.37 | 7.46 | 282.56 | 8.29 | 12.48 | 0.13 | -18.75 | 9.35 | 2.97 | 0.27 | 440.0 | 2.42 | 437.78 | 10.2 | 365.75 | 12.89 | 379.18 | -3.37 | 0 | 6.83 | 0 | 0.09 | -19.73 |
| 2017 (4) | 12.2 | -28.9 | 5.26 | -75.88 | 1.49 | -81.65 | 0 | 0 | 49.05 | 191.1 | 2.19 | 321.15 | 23.72 | -30.34 | 48.36 | -76.07 | 5.19 | 48.71 | 1.95 | 0 | 7.37 | -22.09 | 0.16 | 100.0 | 9.08 | 0.0 | 0.05 | 0 | 0.45 | 0 | 2.19 | 338.0 | 2.69 | 438.0 | -2.5 | 0 | -0.31 | 0 | 0.11 | -11.01 |
| 2016 (3) | 17.16 | 0 | 21.81 | 0 | 8.12 | 0 | 0 | 0 | 16.85 | 0 | 0.52 | 0 | 34.05 | 0 | 202.08 | 0 | 3.49 | 0 | 0 | 0 | 9.46 | 0 | 0.08 | 0 | 9.08 | 0 | 0 | 0 | 0 | 0 | 0.5 | 0 | 0.5 | 0 | -1.44 | 0 | -0.94 | 0 | 0.12 | 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) | 14.36 | -27.55 | -37.78 | 4.7 | 8.55 | -17.25 | 0.93 | -89.79 | 50.0 | 0 | 0 | 0 | 21.07 | 9.34 | 9.57 | 0.5 | -35.9 | -90.94 | 38.7 | 8.86 | 15.94 | 50.10 | 6.27 | 14.75 | 9.12 | 17.53 | 20.95 | 9.06 | -1.09 | -1.74 | 7.57 | 123.96 | -61.06 | 0.52 | -5.45 | 8.33 | 11.11 | 4.32 | 12.68 | 5.08 | 0.0 | 32.98 | 4.56 | 0.0 | 31.03 | 19.63 | 2.61 | -24.06 | 29.26 | 1.74 | -11.73 | -2.87 | -5.13 | 14.58 | 16.76 | 2.2 | -25.48 | 0.15 | -3.08 | -2.97 |
| 24Q2 (19) | 19.82 | -11.4 | -19.85 | 4.33 | 4.34 | -32.76 | 9.11 | -32.47 | 1444.07 | 0 | 0 | 0 | 19.27 | 11.07 | 12.17 | 0.78 | 2.63 | -88.74 | 35.55 | 6.76 | -3.76 | 47.15 | 3.8 | 3.1 | 7.76 | -0.26 | 3.47 | 9.16 | 0.55 | 4.09 | 3.38 | -2.03 | -82.83 | 0.55 | 3.77 | 7.84 | 10.65 | 4.62 | 8.56 | 5.08 | 32.98 | 32.98 | 4.56 | 31.03 | 31.03 | 19.13 | -27.89 | -5.9 | 28.76 | -14.99 | 4.09 | -2.73 | 12.22 | 37.39 | 16.4 | -29.97 | 2.69 | 0.15 | 1.97 | -4.08 |
| 24Q1 (18) | 22.37 | -27.04 | 1.73 | 4.15 | -4.82 | -61.47 | 13.49 | -15.53 | 1827.14 | 0 | 0 | 0 | 17.35 | -11.25 | 2.18 | 0.76 | 1050.0 | 300.0 | 33.3 | 8.05 | -26.21 | 45.42 | 7.5 | -9.59 | 7.78 | 7.61 | -10.27 | 9.11 | 3.29 | 0.55 | 3.45 | -13.1 | -82.73 | 0.53 | 10.42 | 0.0 | 10.18 | 3.25 | 3.77 | 3.82 | 0.0 | 30.82 | 3.48 | 0.0 | -11.0 | 26.53 | 2.95 | 41.57 | 33.83 | 2.27 | 32.3 | -3.11 | 31.8 | 5.76 | 23.42 | 10.42 | 51.68 | 0.15 | -1.92 | -8.68 |
| 23Q4 (17) | 30.66 | 32.84 | 21.33 | 4.36 | -23.24 | -66.46 | 15.97 | 2475.81 | 2475.81 | 0 | 0 | 0 | 19.55 | 1.66 | -15.22 | -0.08 | -101.45 | -107.08 | 30.82 | -7.67 | -37.47 | 42.25 | -3.23 | -16.24 | 7.23 | -4.11 | -19.58 | 8.82 | -4.34 | -4.13 | 3.97 | -79.58 | -80.28 | 0.48 | 0.0 | -11.11 | 9.86 | 0.0 | 0.51 | 3.82 | 0.0 | 30.82 | 3.48 | 0.0 | -11.0 | 25.77 | -0.31 | 38.92 | 33.08 | -0.21 | 30.34 | -4.56 | -35.71 | -31.03 | 21.21 | -5.69 | 40.74 | 0.15 | 0.1 | -7.15 |
| 23Q3 (16) | 23.08 | -6.67 | 21.73 | 5.68 | -11.8 | -56.64 | 0.62 | 5.08 | 34.78 | 0 | 0 | 0 | 19.23 | 11.93 | -18.38 | 5.52 | -20.35 | -12.24 | 33.38 | -9.64 | -30.57 | 43.66 | -4.52 | -5.71 | 7.54 | 0.53 | -37.06 | 9.22 | 4.77 | -3.66 | 19.44 | -1.22 | -1.07 | 0.48 | -5.88 | -12.73 | 9.86 | 0.51 | 0.51 | 3.82 | 0.0 | 30.82 | 3.48 | 0.0 | -11.0 | 25.85 | 27.15 | 48.48 | 33.15 | 19.98 | 36.7 | -3.36 | 22.94 | -9.8 | 22.49 | 40.83 | 56.72 | 0.15 | -4.19 | -7.37 |
| 23Q2 (15) | 24.73 | 12.46 | 30.92 | 6.44 | -40.2 | -68.75 | 0.59 | -15.71 | 126.92 | 0 | 0 | 0 | 17.18 | 1.18 | -34.5 | 6.93 | 3547.37 | 579.41 | 36.94 | -18.15 | -20.68 | 45.73 | -8.98 | 2.09 | 7.5 | -13.49 | -48.17 | 8.8 | -2.87 | -6.68 | 19.68 | -1.5 | 1.34 | 0.51 | -3.77 | -10.53 | 9.81 | 0.0 | 0.0 | 3.82 | 30.82 | 30.82 | 3.48 | -11.0 | -11.0 | 20.33 | 8.48 | 82.82 | 27.63 | 8.06 | 53.84 | -4.36 | -32.12 | -27.86 | 15.97 | 3.43 | 107.13 | 0.16 | -2.92 | -10.14 |
| 23Q1 (14) | 21.99 | -12.98 | -4.31 | 10.77 | -17.15 | -43.94 | 0.7 | 12.9 | -41.67 | 0 | 0 | 0 | 16.98 | -26.37 | -31.7 | 0.19 | -83.19 | -67.24 | 45.13 | -8.44 | 0.16 | 50.24 | -0.41 | 17.86 | 8.67 | -3.56 | -32.21 | 9.06 | -1.52 | -6.98 | 19.98 | -0.75 | -15.87 | 0.53 | -1.85 | 55.88 | 9.81 | 0.0 | 4.92 | 2.92 | 0.0 | 6.96 | 3.91 | 0.0 | -6.68 | 18.74 | 1.02 | 64.39 | 25.57 | 0.75 | 39.57 | -3.3 | 5.17 | -25.0 | 15.44 | 2.46 | 76.26 | 0.16 | -0.27 | -11.64 |
| 22Q4 (13) | 25.27 | 33.28 | -0.16 | 13.0 | -0.76 | -43.28 | 0.62 | 34.78 | 210.0 | 0 | 0 | 0 | 23.06 | -2.12 | -20.97 | 1.13 | -82.03 | 9.71 | 49.29 | 2.52 | -2.12 | 50.45 | 8.94 | 7.28 | 8.99 | -24.96 | -27.27 | 9.2 | -3.87 | -0.54 | 20.13 | 2.44 | -10.33 | 0.54 | -1.82 | 390.91 | 9.81 | 0.0 | 4.92 | 2.92 | 0.0 | 6.96 | 3.91 | 0.0 | -6.68 | 18.55 | 6.55 | 71.44 | 25.38 | 4.66 | 43.07 | -3.48 | -13.73 | 11.0 | 15.07 | 5.02 | 118.09 | 0.16 | -0.14 | -5.67 |
| 22Q3 (12) | 18.96 | 0.37 | -48.24 | 13.1 | -36.44 | -44.02 | 0.46 | 76.92 | -91.96 | 0 | 0 | 0 | 23.56 | -10.18 | -0.59 | 6.29 | 516.67 | 7088.89 | 48.08 | 3.24 | -9.16 | 46.31 | 3.38 | -2.13 | 11.98 | -17.21 | -14.61 | 9.57 | 1.48 | 0 | 19.65 | 1.18 | -12.9 | 0.55 | -3.51 | 450.0 | 9.81 | 0.0 | 4.92 | 2.92 | 0.0 | 6.96 | 3.91 | 0.0 | -6.68 | 17.41 | 56.56 | 77.83 | 24.25 | 35.02 | 45.04 | -3.06 | 10.26 | 28.17 | 14.35 | 86.12 | 159.49 | 0.16 | -7.06 | -5.97 |
| 22Q2 (11) | 18.89 | -17.8 | -0.84 | 20.61 | 7.29 | 25.21 | 0.26 | -78.33 | -87.74 | 0 | 0 | 0 | 26.23 | 5.51 | -6.22 | 1.02 | 75.86 | 168.42 | 46.57 | 3.35 | -18.2 | 44.79 | 5.08 | -6.97 | 14.47 | 13.14 | 10.97 | 9.43 | -3.18 | 0 | 19.42 | -18.23 | 86.19 | 0.57 | 67.65 | 470.0 | 9.81 | 4.92 | 4.92 | 2.92 | 6.96 | 38.39 | 3.91 | -6.68 | -7.35 | 11.12 | -2.46 | -18.89 | 17.96 | -1.97 | -10.38 | -3.41 | -29.17 | 17.43 | 7.71 | -11.99 | -19.52 | 0.17 | -4.54 | 1.67 |
| 22Q1 (10) | 22.98 | -9.21 | 108.91 | 19.21 | -16.19 | 67.19 | 1.2 | 500.0 | -29.82 | 0 | 0 | 0 | 24.86 | -14.8 | -5.3 | 0.58 | -43.69 | 5.45 | 45.06 | -10.52 | -27.72 | 42.63 | -9.35 | -22.15 | 12.79 | 3.48 | 4.15 | 9.74 | 5.3 | 0 | 23.75 | 5.79 | 510.54 | 0.34 | 209.09 | 240.0 | 9.35 | 0.0 | 0.0 | 2.73 | 0.0 | 29.38 | 4.19 | 0.0 | -0.71 | 11.4 | 5.36 | -14.48 | 18.32 | 3.27 | -6.86 | -2.64 | 32.48 | 33.5 | 8.76 | 26.77 | -6.41 | 0.18 | 6.47 | 4.24 |
| 21Q4 (9) | 25.31 | -30.9 | 58.29 | 22.92 | -2.05 | 193.47 | 0.2 | -96.5 | -91.56 | 0 | 0 | 0 | 29.18 | 23.12 | -14.05 | 1.03 | 1244.44 | -6.36 | 50.36 | -4.86 | -16.29 | 47.02 | -0.62 | -22.87 | 12.36 | -11.9 | 21.65 | 9.25 | 0 | 0 | 22.45 | -0.49 | 401.12 | 0.11 | 10.0 | 0.0 | 9.35 | 0.0 | 0.0 | 2.73 | 0.0 | 29.38 | 4.19 | 0.0 | -0.71 | 10.82 | 10.52 | -15.4 | 17.74 | 6.1 | -7.22 | -3.91 | 8.22 | 6.68 | 6.91 | 24.95 | -19.65 | 0.17 | -0.46 | -0.88 |
| 21Q3 (8) | 36.63 | 92.28 | 160.34 | 23.4 | 42.16 | 311.97 | 5.72 | 169.81 | 162.39 | 0 | 0 | 0 | 23.7 | -15.27 | -21.18 | -0.09 | -123.68 | -104.07 | 52.93 | -7.03 | 3.22 | 47.31 | -1.73 | -25.1 | 14.03 | 7.59 | 77.37 | 0 | 0 | 0 | 22.56 | 116.3 | 404.7 | 0.1 | 0.0 | -9.09 | 9.35 | 0.0 | 0.0 | 2.73 | 29.38 | 29.38 | 4.19 | -0.71 | -0.71 | 9.79 | -28.59 | -16.25 | 16.72 | -16.57 | -7.21 | -4.26 | -3.15 | 4.05 | 5.53 | -42.28 | -23.72 | 0.17 | 0.5 | 6.35 |
| 21Q2 (7) | 19.05 | 73.18 | -15.14 | 16.46 | 43.26 | 247.99 | 2.12 | 23.98 | -2.75 | 0 | 0 | 0 | 27.97 | 6.55 | 18.62 | 0.38 | -30.91 | -84.8 | 56.93 | -8.68 | 42.33 | 48.15 | -12.07 | 0 | 13.04 | 6.19 | 74.1 | 0 | 0 | 0 | 10.43 | 168.12 | 10.37 | 0.1 | 0.0 | -16.67 | 9.35 | 0.0 | 0.0 | 2.11 | 0.0 | 0.0 | 4.22 | 0.0 | 0.0 | 13.71 | 2.85 | 44.62 | 20.04 | 1.88 | 26.76 | -4.13 | -4.03 | 19.65 | 9.58 | 2.35 | 120.74 | 0.17 | -2.14 | 92.0 |
| 21Q1 (6) | 11.0 | -31.21 | -47.59 | 11.49 | 47.12 | 180.24 | 1.71 | -27.85 | -21.56 | 0 | 0 | 0 | 26.25 | -22.68 | 136.91 | 0.55 | -50.0 | 22.22 | 62.34 | 3.62 | 92.29 | 54.76 | -10.18 | 0 | 12.28 | 20.87 | 49.39 | 0 | 0 | 0 | 3.89 | -13.17 | -58.84 | 0.1 | -9.09 | -23.08 | 9.35 | 0.0 | 0.0 | 2.11 | 0.0 | 64.84 | 4.22 | 0.0 | 27.88 | 13.33 | 4.22 | 7.5 | 19.67 | 2.88 | 15.77 | -3.97 | 5.25 | 12.36 | 9.36 | 8.84 | 18.93 | 0.18 | 1.24 | 109.63 |
| 20Q4 (5) | 15.99 | 13.65 | -24.61 | 7.81 | 37.5 | 96.23 | 2.37 | 8.72 | 8.72 | 0 | 0 | 0 | 33.95 | 12.9 | 106.38 | 1.1 | -50.23 | -69.61 | 60.16 | 17.32 | 71.69 | 60.96 | -3.49 | 0 | 10.16 | 28.45 | 66.28 | 0 | 0 | 0 | 4.48 | 0.22 | -56.59 | 0.11 | 0.0 | -21.43 | 9.35 | 0.0 | 0.0 | 2.11 | 0.0 | 64.84 | 4.22 | 0.0 | 27.88 | 12.79 | 9.41 | 6.94 | 19.12 | 6.1 | 15.6 | -4.19 | 5.63 | 0.71 | 8.6 | 18.62 | 11.11 | 0.17 | 6.81 | 106.54 |
| 20Q3 (4) | 14.07 | -37.33 | 0.0 | 5.68 | 20.08 | 0.0 | 2.18 | 0.0 | 0.0 | 0 | 0 | 0.0 | 30.07 | 27.52 | 0.0 | 2.21 | -11.6 | 0.0 | 51.28 | 28.2 | 0.0 | 63.17 | 0 | 0.0 | 7.91 | 5.61 | 0.0 | 0 | 0 | 0.0 | 4.47 | -52.7 | 0.0 | 0.11 | -8.33 | 0.0 | 9.35 | 0.0 | 0.0 | 2.11 | 0.0 | 0.0 | 4.22 | 0.0 | 0.0 | 11.69 | 23.31 | 0.0 | 18.02 | 13.98 | 0.0 | -4.44 | 13.62 | 0.0 | 7.25 | 67.05 | 0.0 | 0.16 | 81.43 | 0.0 |
