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) | 26.15 | 4.31 | 11.35 | 112.15 | 0 | 0 | 0 | 0 | 82.33 | 14.55 | 7.47 | 11.99 | 19.61 | 14.41 | 23.82 | -0.13 | 12.47 | 7.41 | 50.82 | 6.34 | 0 | 0 | 0.45 | 40.62 | 15.56 | 4.99 | 9.75 | 7.97 | 0 | 0 | 25.28 | 9.96 | 35.03 | 4.75 | 2.67 | 175.26 | 27.95 | 16.65 | 0.21 | 3.49 |
| 2022 (9) | 25.07 | -18.39 | 5.35 | 11.46 | 0 | 0 | 0 | 0 | 71.87 | 9.34 | 6.67 | 9.88 | 17.14 | 5.93 | 23.85 | -3.12 | 11.61 | 27.58 | 47.79 | 30.97 | 0 | 0 | 0.32 | -3.03 | 14.82 | 5.03 | 9.03 | 8.01 | 1.42 | 24.56 | 22.99 | 2.54 | 33.44 | 4.73 | 0.97 | 0 | 23.96 | 14.1 | 0.20 | -1.11 |
| 2021 (8) | 30.72 | 17.34 | 4.8 | 18.81 | 0 | 0 | 0 | 0 | 65.73 | -1.53 | 6.07 | 6.12 | 16.18 | 11.97 | 24.62 | 13.71 | 9.1 | 6.93 | 36.49 | 4.32 | 0 | 0 | 0.33 | 0.0 | 14.11 | 0.0 | 8.36 | 7.32 | 1.14 | 103.57 | 22.42 | 2.7 | 31.93 | 5.83 | -1.42 | 0 | 21.0 | 1.5 | 0.21 | -0.81 |
| 2020 (7) | 26.18 | -7.46 | 4.04 | -66.69 | 0.04 | -50.0 | 0 | 0 | 66.75 | 3.38 | 5.72 | 11.07 | 14.45 | -7.49 | 21.65 | -10.51 | 8.51 | -0.23 | 34.98 | 10.77 | 0 | 0 | 0.33 | 3.12 | 14.11 | 10.15 | 7.79 | 7.15 | 0.56 | 107.41 | 21.83 | 1.49 | 30.17 | 3.89 | -1.14 | 0 | 20.69 | -1.24 | 0.21 | 6.3 |
| 2019 (6) | 28.29 | -8.74 | 12.13 | 9.28 | 0.08 | 0 | 0 | 0 | 64.57 | 1.77 | 5.15 | 13.94 | 15.62 | -2.68 | 24.19 | -4.37 | 8.53 | -15.38 | 31.58 | 20.9 | 0.01 | 0 | 0.32 | -20.0 | 12.81 | 0.0 | 7.27 | 6.6 | 0.27 | -89.73 | 21.51 | 19.83 | 29.04 | 6.02 | -0.56 | 0 | 20.95 | 18.5 | 0.20 | 6.08 |
| 2018 (5) | 31.0 | 25.3 | 11.1 | -4.31 | 0 | 0 | 0 | 0 | 63.45 | 4.1 | 4.52 | 13.28 | 16.05 | -11.28 | 25.30 | -14.77 | 10.08 | -10.16 | 26.12 | -3.47 | 0 | 0 | 0.4 | 0.0 | 12.81 | 0.23 | 6.82 | 6.23 | 2.63 | 128.7 | 17.95 | -2.39 | 27.39 | 5.51 | -0.27 | 0 | 17.68 | 12.18 | 0.18 | -8.11 |
| 2017 (4) | 24.74 | -14.01 | 11.6 | 28.18 | 3.11 | 10266.67 | 0 | 0 | 60.95 | -1.79 | 3.99 | 2.31 | 18.09 | 6.29 | 29.68 | 8.22 | 11.22 | 9.46 | 27.06 | 0.19 | 3.88 | -44.73 | 0.4 | -9.09 | 12.78 | 0.16 | 6.42 | 6.47 | 1.15 | 0 | 18.39 | -4.32 | 25.96 | 2.81 | -2.63 | 0 | 15.76 | -12.78 | 0.20 | -7.3 |
| 2016 (3) | 28.77 | -0.9 | 9.05 | 1.34 | 0.03 | -50.0 | 0 | 0 | 62.06 | 0.05 | 3.9 | 2.9 | 17.02 | 15.94 | 27.43 | 15.88 | 10.25 | -8.07 | 27.01 | -3.81 | 7.02 | 6.36 | 0.44 | -34.33 | 12.76 | 4.76 | 6.03 | 6.73 | 0 | 0 | 19.22 | 1.85 | 25.25 | 2.98 | -1.15 | 0 | 18.07 | -8.18 | 0.22 | 0.15 |
| 2015 (2) | 29.03 | 47.06 | 8.93 | -42.9 | 0.06 | -60.0 | 0 | 0 | 62.03 | 6.82 | 3.79 | 32.52 | 14.68 | -3.61 | 23.67 | -9.76 | 11.15 | -9.2 | 28.08 | 5.41 | 6.6 | 3566.67 | 0.67 | -11.84 | 12.18 | 7.79 | 5.65 | 5.21 | 0 | 0 | 18.87 | 3.4 | 24.52 | 3.81 | 0.81 | -73.44 | 19.68 | -7.61 | 0.22 | 1.08 |
| 2014 (1) | 19.74 | 30.82 | 15.64 | 46.17 | 0.15 | -95.64 | 0 | 0 | 58.07 | 1.15 | 2.86 | -4.67 | 15.23 | -1.1 | 26.23 | -2.23 | 12.28 | -4.36 | 26.64 | -9.08 | 0.18 | 12.5 | 0.76 | 8.57 | 11.3 | -0.26 | 5.37 | 5.92 | 0 | 0 | 18.25 | 1.22 | 23.62 | 2.3 | 3.05 | -33.41 | 21.3 | -5.79 | 0.21 | 17.55 |
| 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) | 59.36 | 137.35 | 138.2 | 10.82 | -5.99 | 14.86 | 0 | 0 | 0 | 0 | 0 | 0 | 20.59 | -4.68 | 1.93 | 1.74 | -20.91 | -4.92 | 17.35 | -9.54 | -7.22 | 20.54 | -9.96 | -12.0 | 13.05 | 13.78 | 2.35 | 58.3 | 8.2 | 15.13 | 0 | 0 | 0 | 0.48 | 6.67 | 4.35 | 16.34 | 0.0 | 5.01 | 10.52 | 0.0 | 7.9 | 0 | 0 | 0 | 23.59 | 7.96 | 0.77 | 34.11 | 5.38 | 2.86 | 3.48 | -10.77 | -16.55 | 27.07 | 5.13 | -1.85 | 0.21 | 1.97 | -1.39 |
| 24Q2 (19) | 25.01 | -13.73 | 7.2 | 11.51 | 61.66 | 150.76 | 0 | 0 | 0 | 0 | 0 | 0 | 21.6 | 5.78 | 6.82 | 2.2 | 18.92 | 27.17 | 19.18 | 7.21 | 8.12 | 22.81 | 5.45 | 0.72 | 11.47 | -14.34 | 1.33 | 53.88 | 1.58 | 4.99 | 0 | 0 | 0 | 0.45 | 0.0 | 0.0 | 16.34 | 5.01 | 5.01 | 10.52 | 7.9 | 7.9 | 0 | 0 | 0 | 21.85 | 3.07 | 3.41 | 32.37 | 4.59 | 4.83 | 3.9 | -4.88 | 5.69 | 25.75 | 1.78 | 3.75 | 0.20 | 0.02 | -2.43 |
| 24Q1 (18) | 28.99 | 10.86 | 24.63 | 7.12 | -37.27 | 28.52 | 0 | 0 | 0 | 0 | 0 | 0 | 20.42 | -6.54 | 1.79 | 1.85 | -1.6 | -8.42 | 17.89 | -8.77 | 2.82 | 21.64 | -9.17 | -6.94 | 13.39 | 7.38 | 19.34 | 53.04 | 4.37 | 8.18 | 0 | 0 | 0 | 0.45 | 0.0 | 45.16 | 15.56 | 0.0 | 4.99 | 9.75 | 0.0 | 7.97 | 0 | 0 | -100.0 | 21.2 | -16.14 | 8.11 | 30.95 | -11.65 | 2.93 | 4.1 | 53.56 | 157.86 | 25.3 | -9.48 | 19.34 | 0.20 | -3.73 | -2.49 |
| 23Q4 (17) | 26.15 | 4.94 | 4.31 | 11.35 | 20.49 | 112.15 | 0 | 0 | 0 | 0 | 0 | 0 | 21.85 | 8.17 | 11.31 | 1.88 | 2.73 | 18.99 | 19.61 | 4.87 | 14.41 | 23.82 | 2.04 | -0.14 | 12.47 | -2.2 | 7.41 | 50.82 | 0.36 | 6.34 | 0 | 0 | 0 | 0.45 | -2.17 | 40.62 | 15.56 | 0.0 | 4.99 | 9.75 | 0.0 | 7.97 | 0 | 0 | -100.0 | 25.28 | 7.99 | 9.96 | 35.03 | 5.64 | 4.75 | 2.67 | -35.97 | 175.26 | 27.95 | 1.34 | 16.65 | 0.21 | 0.42 | 3.49 |
| 23Q3 (16) | 24.92 | 6.82 | -7.43 | 9.42 | 105.23 | 56.74 | 0 | 0 | 0 | 0 | 0 | 0 | 20.2 | -0.1 | 9.72 | 1.83 | 5.78 | -9.41 | 18.7 | 5.41 | 10.32 | 23.34 | 3.06 | -3.45 | 12.75 | 12.63 | 23.31 | 50.64 | -1.33 | 6.05 | 0 | 0 | 0 | 0.46 | 2.22 | 43.75 | 15.56 | 0.0 | 4.99 | 9.75 | 0.0 | 7.97 | 0 | 0 | -100.0 | 23.41 | 10.79 | 10.32 | 33.16 | 7.38 | 4.7 | 4.17 | 13.01 | 87.0 | 27.58 | 11.12 | 17.61 | 0.21 | 0.9 | 4.73 |
| 23Q2 (15) | 23.33 | 0.3 | -14.92 | 4.59 | -17.15 | 14.46 | 0 | 0 | 0 | 0 | 0 | 0 | 20.22 | 0.8 | 20.79 | 1.73 | -14.36 | 23.57 | 17.74 | 1.95 | 12.99 | 22.65 | -2.58 | -2.67 | 11.32 | 0.89 | 9.16 | 51.32 | 4.67 | 14.91 | 0 | 0 | 0 | 0.45 | 45.16 | 40.62 | 15.56 | 4.99 | 4.99 | 9.75 | 7.97 | 7.97 | 0 | -100.0 | -100.0 | 21.13 | 7.75 | 10.34 | 30.88 | 2.69 | 4.29 | 3.69 | 132.08 | 301.09 | 24.82 | 17.08 | 23.67 | 0.21 | -0.03 | 1.87 |
| 23Q1 (14) | 23.26 | -7.22 | -28.69 | 5.54 | 3.55 | 42.78 | 0 | 0 | 0 | 0 | 0 | 0 | 20.06 | 2.19 | 17.45 | 2.02 | 27.85 | 20.24 | 17.4 | 1.52 | 15.54 | 23.25 | -2.53 | 2.69 | 11.22 | -3.36 | 11.75 | 49.03 | 2.59 | 28.89 | 0 | 0 | 0 | 0.31 | -3.12 | -6.06 | 14.82 | 0.0 | 5.03 | 9.03 | 0.0 | 8.01 | 1.42 | 0.0 | 24.56 | 19.61 | -14.7 | 1.4 | 30.07 | -10.08 | 4.26 | 1.59 | 63.92 | 1866.67 | 21.2 | -11.52 | 10.13 | 0.21 | 2.17 | 1.18 |
| 22Q4 (13) | 25.07 | -6.87 | -18.39 | 5.35 | -10.98 | 11.46 | 0 | 0 | 0 | 0 | 0 | 0 | 19.63 | 6.63 | 9.79 | 1.58 | -21.78 | -8.14 | 17.14 | 1.12 | 5.93 | 23.85 | -1.34 | -3.1 | 11.61 | 12.28 | 27.58 | 47.79 | 0.08 | 30.97 | 0 | 0 | 0 | 0.32 | 0.0 | -3.03 | 14.82 | 0.0 | 5.03 | 9.03 | 0.0 | 8.01 | 1.42 | 0.0 | 24.56 | 22.99 | 8.34 | 2.54 | 33.44 | 5.59 | 4.73 | 0.97 | -56.5 | 168.31 | 23.96 | 2.17 | 14.1 | 0.20 | 1.63 | -1.11 |
| 22Q3 (12) | 26.92 | -1.82 | -3.93 | 6.01 | 49.88 | 6.94 | 0 | 0 | 0 | 0 | 0 | 0 | 18.41 | 9.98 | 16.81 | 2.02 | 44.29 | 20.24 | 16.95 | 7.96 | 13.68 | 24.18 | 3.88 | 4.67 | 10.34 | -0.29 | 6.93 | 47.75 | 6.92 | 34.2 | 0 | 0 | 0 | 0.32 | 0.0 | -5.88 | 14.82 | 0.0 | 5.03 | 9.03 | 0.0 | 8.01 | 1.42 | 0.0 | 24.56 | 21.22 | 10.81 | 2.86 | 31.67 | 6.96 | 5.11 | 2.23 | 142.39 | 228.9 | 23.45 | 16.84 | 24.07 | 0.20 | -1.86 | -3.04 |
| 22Q2 (11) | 27.42 | -15.94 | -1.65 | 4.01 | 3.35 | 11.08 | 0 | 0 | 0 | 0 | 0 | 0 | 16.74 | -1.99 | 5.95 | 1.4 | -16.67 | 2.94 | 15.7 | 4.25 | 5.8 | 23.27 | 2.8 | 2.96 | 10.37 | 3.29 | 18.65 | 44.66 | 17.4 | 24.85 | 0 | 0 | 0 | 0.32 | -3.03 | 0.0 | 14.82 | 5.03 | 5.03 | 9.03 | 8.01 | 15.92 | 1.42 | 24.56 | 153.57 | 19.15 | -0.98 | -4.39 | 29.61 | 2.67 | 4.33 | 0.92 | 1122.22 | 180.7 | 20.07 | 4.26 | 6.25 | 0.20 | -0.71 | -1.17 |
| 22Q1 (10) | 32.62 | 6.18 | 21.54 | 3.88 | -19.17 | 6.89 | 0 | 0 | -100.0 | 0 | 0 | 0 | 17.08 | -4.47 | 4.85 | 1.68 | -2.33 | 28.24 | 15.06 | -6.92 | 2.45 | 22.64 | -8.03 | 1.2 | 10.04 | 10.33 | 15.54 | 38.04 | 4.25 | 6.58 | 0 | 0 | 0 | 0.33 | 0.0 | 3.12 | 14.11 | 0.0 | 0.0 | 8.36 | 0.0 | 7.32 | 1.14 | 0.0 | 103.57 | 19.34 | -13.74 | 5.86 | 28.84 | -9.68 | 8.34 | -0.09 | 93.66 | 93.38 | 19.25 | -8.33 | 13.84 | 0.21 | -0.14 | -1.19 |
| 21Q4 (9) | 30.72 | 9.64 | 17.34 | 4.8 | -14.59 | 18.81 | 0 | 0 | -100.0 | 0 | 0 | 0 | 17.88 | 13.45 | 7.07 | 1.72 | 2.38 | 21.13 | 16.18 | 8.52 | 11.97 | 24.62 | 6.57 | 13.73 | 9.1 | -5.89 | 6.93 | 36.49 | 2.56 | 4.32 | 0 | 0 | 0 | 0.33 | -2.94 | 0.0 | 14.11 | 0.0 | 0.0 | 8.36 | 0.0 | 7.32 | 1.14 | 0.0 | 103.57 | 22.42 | 8.68 | 2.7 | 31.93 | 5.97 | 5.83 | -1.42 | 17.92 | -24.56 | 21.0 | 11.11 | 1.5 | 0.21 | -0.36 | -0.81 |
| 21Q3 (8) | 28.02 | 0.5 | 21.99 | 5.62 | 55.68 | 38.77 | 0 | 0 | -100.0 | 0 | 0 | 0 | 15.76 | -0.25 | -6.52 | 1.68 | 23.53 | 15.07 | 14.91 | 0.47 | -4.55 | 23.10 | 2.18 | -0.77 | 9.67 | 10.64 | -2.52 | 35.58 | -0.53 | 1.83 | 0 | 0 | 0 | 0.34 | 6.25 | 3.03 | 14.11 | 0.0 | 0.0 | 8.36 | 7.32 | 7.32 | 1.14 | 103.57 | 103.57 | 20.63 | 3.0 | 1.23 | 30.13 | 6.17 | 4.87 | -1.73 | -51.75 | -253.06 | 18.9 | 0.05 | -4.98 | 0.21 | 0.03 | 0.52 |
| 21Q2 (7) | 27.88 | 3.87 | -1.38 | 3.61 | -0.55 | 18.75 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 15.8 | -3.01 | -0.38 | 1.36 | 3.82 | -6.85 | 14.84 | 0.95 | -14.47 | 22.60 | 1.04 | 0 | 8.74 | 0.58 | 1.27 | 35.77 | 0.22 | 4.44 | 0 | 0 | 0 | 0.32 | 0.0 | -3.03 | 14.11 | 0.0 | 0.0 | 7.79 | 0.0 | 0 | 0.56 | 0.0 | 0 | 20.03 | 9.63 | 0 | 28.38 | 6.61 | 4.19 | -1.14 | 16.18 | -442.86 | 18.89 | 11.71 | 9095.24 | 0.21 | -0.72 | 0.41 |
| 21Q1 (6) | 26.84 | 2.52 | -12.63 | 3.63 | -10.15 | -65.95 | 0.02 | -50.0 | -66.67 | 0 | 0 | 0 | 16.29 | -2.46 | -6.06 | 1.31 | -7.75 | -5.07 | 14.7 | 1.73 | -10.48 | 22.37 | 3.36 | 0 | 8.69 | 2.12 | 0.46 | 35.69 | 2.03 | 11.5 | 0 | 0 | 0 | 0.32 | -3.03 | 0.0 | 14.11 | 0.0 | 0.0 | 7.79 | 0.0 | 7.15 | 0.56 | 0.0 | 107.41 | 18.27 | -16.31 | 0.22 | 26.62 | -11.77 | 3.3 | -1.36 | -19.3 | 6.21 | 16.91 | -18.27 | 0.77 | 0.21 | 0.24 | 15.06 |
| 20Q4 (5) | 26.18 | 13.97 | -7.46 | 4.04 | -0.25 | -66.69 | 0.04 | -33.33 | -50.0 | 0 | 0 | 0 | 16.7 | -0.95 | -2.0 | 1.42 | -2.74 | 23.48 | 14.45 | -7.49 | -7.49 | 21.64 | -7.02 | 0 | 8.51 | -14.21 | -0.23 | 34.98 | 0.11 | 10.77 | 0 | 0 | -100.0 | 0.33 | 0.0 | 3.12 | 14.11 | 0.0 | 10.15 | 7.79 | 0.0 | 7.15 | 0.56 | 0.0 | 107.41 | 21.83 | 7.11 | 1.49 | 30.17 | 5.01 | 3.89 | -1.14 | -132.65 | -103.57 | 20.69 | 4.02 | -1.24 | 0.21 | 0.98 | 6.3 |
| 20Q3 (4) | 22.97 | -18.75 | 0.0 | 4.05 | 33.22 | 0.0 | 0.06 | 0.0 | 0.0 | 0 | 0 | 0.0 | 16.86 | 6.31 | 0.0 | 1.46 | 0.0 | 0.0 | 15.62 | -9.97 | 0.0 | 23.28 | 0 | 0.0 | 9.92 | 14.95 | 0.0 | 34.94 | 2.01 | 0.0 | 0 | 0 | 0.0 | 0.33 | 0.0 | 0.0 | 14.11 | 0.0 | 0.0 | 7.79 | 0 | 0.0 | 0.56 | 0 | 0.0 | 20.38 | 0 | 0.0 | 28.73 | 5.47 | 0.0 | -0.49 | -133.33 | 0.0 | 19.89 | 9571.43 | 0.0 | 0.21 | -0.09 | 0.0 |
