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) | 4.83 | -5.48 | 1.69 | 428.12 | 0.1 | -23.08 | 0 | 0 | 38.09 | -12.34 | -0.07 | 0 | 2.78 | 2.58 | 7.30 | 17.02 | 9.57 | 4.13 | 0 | 0 | 1.44 | -5.88 | 0.06 | -25.0 | 8.49 | 0.0 | 1.63 | 12.41 | 0.39 | -7.14 | 1.73 | -41.55 | 3.74 | -22.57 | -0.45 | 0 | 1.28 | -50.19 | 0.22 | 9.04 |
| 2022 (9) | 5.11 | -15.95 | 0.32 | -11.11 | 0.13 | -60.61 | 0 | 0 | 43.45 | 10.06 | 1.7 | 53.15 | 2.71 | 15.81 | 6.24 | 5.23 | 9.19 | 13.46 | 0 | 0 | 1.53 | -35.17 | 0.08 | -46.67 | 8.49 | 0.71 | 1.45 | 8.21 | 0.42 | 13.51 | 2.96 | 28.7 | 4.83 | 20.15 | -0.39 | 0 | 2.57 | 36.7 | 0.20 | 7.4 |
| 2021 (8) | 6.08 | 13.22 | 0.36 | -30.77 | 0.33 | 1550.0 | 0 | 0 | 39.48 | 7.31 | 1.11 | -17.78 | 2.34 | 34.48 | 5.93 | 25.32 | 8.1 | 9.61 | 0 | 0 | 2.36 | 12.92 | 0.15 | -6.25 | 8.43 | 6.31 | 1.34 | 10.74 | 0.37 | -9.76 | 2.3 | 3.14 | 4.02 | 4.15 | -0.42 | 0 | 1.88 | 1.08 | 0.19 | -2.3 |
| 2020 (7) | 5.37 | 18.81 | 0.52 | -41.57 | 0.02 | -97.06 | 0 | 0 | 36.79 | 18.91 | 1.35 | 419.23 | 1.74 | 56.76 | 4.73 | 31.83 | 7.39 | 16.75 | 0 | 0 | 2.09 | -45.99 | 0.16 | -11.11 | 7.93 | 8.19 | 1.21 | 2.54 | 0.41 | 24.24 | 2.23 | 92.24 | 3.86 | 44.03 | -0.37 | 0 | 1.86 | 148.0 | 0.19 | 20.65 |
| 2019 (6) | 4.52 | 10.51 | 0.89 | 21.92 | 0.68 | 3.03 | 0 | 0 | 30.94 | -0.1 | 0.26 | 52.94 | 1.11 | -1.77 | 3.59 | -1.67 | 6.33 | 3.77 | 0 | 0 | 3.87 | 57.96 | 0.18 | -28.0 | 7.33 | 0.0 | 1.18 | 0.85 | 0.33 | 13.79 | 1.16 | -2.52 | 2.68 | 1.52 | -0.41 | 0 | 0.75 | -12.79 | 0.16 | -2.91 |
| 2018 (5) | 4.09 | -24.12 | 0.73 | -1.35 | 0.66 | -19.51 | 0 | 0 | 30.97 | -1.78 | 0.17 | -39.29 | 1.13 | -7.38 | 3.65 | -5.7 | 6.1 | 6.46 | 0 | 0 | 2.45 | -20.2 | 0.25 | 8.7 | 7.33 | 0.0 | 1.17 | 2.63 | 0.29 | 11.54 | 1.19 | -11.85 | 2.64 | -4.0 | -0.33 | 0 | 0.86 | -18.87 | 0.16 | 2.69 |
| 2017 (4) | 5.39 | 6.31 | 0.74 | -16.85 | 0.82 | -11.83 | 0 | 0 | 31.53 | 0.8 | 0.28 | 40.0 | 1.22 | 1.67 | 3.87 | 0.86 | 5.73 | 1.24 | 0 | 0 | 3.07 | 179.09 | 0.23 | -20.69 | 7.33 | 0.0 | 1.14 | 1.79 | 0.26 | 2500.0 | 1.35 | 0.0 | 2.75 | 10.89 | -0.29 | 0 | 1.06 | -2.75 | 0.16 | -5.07 |
| 2016 (3) | 5.07 | -23.99 | 0.89 | -11.0 | 0.93 | 43.08 | 0 | 0 | 31.28 | -8.16 | 0.2 | 0 | 1.2 | -18.92 | 3.84 | -11.71 | 5.66 | -9.73 | 0 | 0 | 1.1 | -75.56 | 0.29 | -79.86 | 7.33 | 0.0 | 1.12 | 0.0 | 0.01 | 0.0 | 1.35 | 17.39 | 2.48 | 8.77 | -0.26 | 0 | 1.09 | 0.93 | 0.17 | -14.43 |
| 2015 (2) | 6.67 | 42.83 | 1.0 | 185.71 | 0.65 | 35.42 | 0 | 0 | 34.06 | 2.16 | -0.28 | 0 | 1.48 | -3.27 | 4.35 | -5.31 | 6.27 | -10.81 | 0 | 0 | 4.5 | 43.77 | 1.44 | -4.64 | 7.33 | 0.0 | 1.12 | 0.0 | 0.01 | -96.0 | 1.15 | -3.36 | 2.28 | -10.94 | -0.07 | 0 | 1.08 | -8.47 | 0.20 | -10.18 |
| 2014 (1) | 4.67 | 9.37 | 0.35 | -2.78 | 0.48 | 23.08 | 0 | 0 | 33.34 | 16.82 | -0.03 | 0 | 1.53 | 28.57 | 4.59 | 10.06 | 7.03 | 27.36 | 0 | 0 | 3.13 | 115.86 | 1.51 | -5.62 | 7.33 | 0.0 | 1.12 | 0.9 | 0.25 | 0.0 | 1.19 | -6.3 | 2.56 | -2.29 | -0.01 | 0 | 1.18 | -0.84 | 0.22 | 29.01 |
| 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) | 5.35 | -6.96 | 14.56 | 0.44 | -33.33 | -65.08 | 0.09 | 0.0 | -10.0 | 0 | 0 | 0 | 9.74 | 1.78 | 4.28 | -0.12 | -71.43 | -400.0 | 3.03 | 0.0 | 8.21 | 7.89 | -1.04 | 10.13 | 10.22 | -2.94 | 4.07 | 0 | 0 | 0 | 1.39 | -0.71 | -4.79 | 0.06 | 0.0 | 20.0 | 8.58 | 1.06 | 1.06 | 1.63 | 0.0 | 0.0 | 0.45 | 0.0 | 15.38 | 1.5 | -7.41 | -21.47 | 3.58 | -3.5 | -8.91 | -0.34 | 17.07 | 15.0 | 1.16 | -4.13 | -23.18 | 0.29 | -0.86 | 34.29 |
| 24Q2 (19) | 5.75 | -28.57 | 31.88 | 0.66 | -67.16 | 73.68 | 0.09 | 0.0 | -10.0 | 0 | 0 | 0 | 9.57 | 0.63 | -2.74 | -0.07 | -275.0 | -250.0 | 3.03 | 0.33 | 35.87 | 7.97 | 1.04 | 44.92 | 10.53 | 5.09 | 6.04 | 0 | 0 | 0 | 1.4 | -2.1 | -6.04 | 0.06 | 0.0 | 0.0 | 8.49 | 0.0 | 0.0 | 1.63 | 0.0 | 0.0 | 0.45 | 15.38 | 15.38 | 1.62 | -7.95 | -13.83 | 3.71 | -1.85 | -4.63 | -0.41 | 2.38 | 14.58 | 1.21 | -9.7 | -13.57 | 0.29 | 1.21 | 34.44 |
| 24Q1 (18) | 8.05 | 66.67 | 73.49 | 2.01 | 18.93 | 91.43 | 0.09 | -10.0 | -40.0 | 0 | 0 | 0 | 9.51 | -0.94 | 2.15 | 0.04 | 122.22 | -55.56 | 3.02 | 8.63 | 17.51 | 7.89 | 8.07 | 33.96 | 10.02 | 4.7 | -1.67 | 0 | 0 | 0 | 1.43 | -0.69 | -4.67 | 0.06 | 0.0 | -14.29 | 8.49 | 0.0 | 0.0 | 1.63 | 0.0 | 12.41 | 0.39 | 0.0 | -7.14 | 1.76 | 1.73 | -42.3 | 3.78 | 1.07 | -23.33 | -0.42 | 6.67 | -10.53 | 1.34 | 4.69 | -49.81 | 0.29 | 31.63 | 42.05 |
| 23Q4 (17) | 4.83 | 3.43 | -5.48 | 1.69 | 34.13 | 428.12 | 0.1 | 0.0 | -23.08 | 0 | 0 | 0 | 9.6 | 2.78 | -9.52 | -0.18 | -550.0 | -175.0 | 2.78 | -0.71 | 2.58 | 7.30 | 1.92 | 17.02 | 9.57 | -2.55 | 4.13 | 0 | 0 | 0 | 1.44 | -1.37 | -5.88 | 0.06 | 20.0 | -25.0 | 8.49 | 0.0 | 0.0 | 1.63 | 0.0 | 12.41 | 0.39 | 0.0 | -7.14 | 1.73 | -9.42 | -41.55 | 3.74 | -4.83 | -22.57 | -0.45 | -12.5 | -15.38 | 1.28 | -15.23 | -50.19 | 0.22 | 1.67 | 9.04 |
| 23Q3 (16) | 4.67 | 7.11 | -7.52 | 1.26 | 231.58 | 193.02 | 0.1 | 0.0 | -82.46 | 0 | 0 | 0 | 9.34 | -5.08 | -13.44 | 0.04 | 300.0 | -91.49 | 2.8 | 25.56 | -8.79 | 7.16 | 30.22 | 0.79 | 9.82 | -1.11 | 1.03 | 0 | 0 | 0 | 1.46 | -2.01 | -23.16 | 0.05 | -16.67 | -50.0 | 8.49 | 0.0 | 0.0 | 1.63 | 0.0 | 12.41 | 0.39 | 0.0 | -7.14 | 1.91 | 1.6 | -28.73 | 3.93 | 1.03 | -13.82 | -0.4 | 16.67 | -11.11 | 1.51 | 7.86 | -34.91 | 0.22 | -0.75 | 8.31 |
| 23Q2 (15) | 4.36 | -6.03 | -29.79 | 0.38 | -63.81 | -11.63 | 0.1 | -33.33 | -81.82 | 0 | 0 | 0 | 9.84 | 5.69 | -23.96 | -0.02 | -122.22 | -102.47 | 2.23 | -13.23 | -30.96 | 5.50 | -6.6 | -28.95 | 9.93 | -2.55 | 6.89 | 0 | 0 | 0 | 1.49 | -0.67 | -26.96 | 0.06 | -14.29 | -50.0 | 8.49 | 0.0 | 0.0 | 1.63 | 12.41 | 12.41 | 0.39 | -7.14 | -7.14 | 1.88 | -38.36 | -14.93 | 3.89 | -21.1 | -4.66 | -0.48 | -26.32 | -26.32 | 1.4 | -47.57 | -23.5 | 0.22 | 6.94 | 6.81 |
| 23Q1 (14) | 4.64 | -9.2 | -19.3 | 1.05 | 228.12 | 9.38 | 0.15 | 15.38 | -65.91 | 0 | 0 | 0 | 9.31 | -12.25 | 2.2 | 0.09 | -62.5 | -50.0 | 2.57 | -5.17 | 24.76 | 5.89 | -5.6 | 11.7 | 10.19 | 10.88 | 10.16 | 0 | 0 | 0 | 1.5 | -1.96 | -33.63 | 0.07 | -12.5 | -46.15 | 8.49 | 0.0 | 0.59 | 1.45 | 0.0 | 8.21 | 0.42 | 0.0 | 13.51 | 3.05 | 3.04 | 22.98 | 4.93 | 2.07 | 17.38 | -0.38 | 2.56 | -15.15 | 2.67 | 3.89 | 24.19 | 0.20 | 1.05 | 6.49 |
| 22Q4 (13) | 5.11 | 1.19 | -15.95 | 0.32 | -25.58 | -11.11 | 0.13 | -77.19 | -60.61 | 0 | 0 | 0 | 10.61 | -1.67 | 2.31 | 0.24 | -48.94 | 380.0 | 2.71 | -11.73 | 15.81 | 6.24 | -12.21 | 5.2 | 9.19 | -5.45 | 13.46 | 0 | 0 | 0 | 1.53 | -19.47 | -35.17 | 0.08 | -20.0 | -46.67 | 8.49 | 0.0 | 0.71 | 1.45 | 0.0 | 8.21 | 0.42 | 0.0 | 13.51 | 2.96 | 10.45 | 28.7 | 4.83 | 5.92 | 20.15 | -0.39 | -8.33 | 7.14 | 2.57 | 10.78 | 36.7 | 0.20 | 0.98 | 7.4 |
| 22Q3 (12) | 5.05 | -18.68 | -2.32 | 0.43 | 0.0 | 19.44 | 0.57 | 3.64 | 171.43 | 0 | 0 | 0 | 10.79 | -16.62 | 15.9 | 0.47 | -41.98 | 213.33 | 3.07 | -4.95 | 51.23 | 7.10 | -8.21 | 37.34 | 9.72 | 4.63 | 11.72 | 0 | 0 | 0 | 1.9 | -6.86 | -23.39 | 0.1 | -16.67 | -23.08 | 8.49 | 0.0 | 0.71 | 1.45 | 0.0 | 8.21 | 0.42 | 0.0 | 13.51 | 2.68 | 21.27 | 19.11 | 4.56 | 11.76 | 14.86 | -0.36 | 5.26 | 18.18 | 2.32 | 26.78 | 28.18 | 0.20 | -2.12 | 6.0 |
| 22Q2 (11) | 6.21 | 8.0 | -1.43 | 0.43 | -55.21 | -41.89 | 0.55 | 25.0 | 450.0 | 0 | 0 | 0 | 12.94 | 42.04 | 25.75 | 0.81 | 350.0 | 24.62 | 3.23 | 56.8 | 31.84 | 7.74 | 46.84 | 25.9 | 9.29 | 0.43 | 9.81 | 0 | 0 | 0 | 2.04 | -9.73 | -22.43 | 0.12 | -7.69 | -7.69 | 8.49 | 0.59 | 0.95 | 1.45 | 8.21 | 19.83 | 0.42 | 13.51 | 2.44 | 2.21 | -10.89 | -29.84 | 4.08 | -2.86 | -14.64 | -0.38 | -15.15 | 11.63 | 1.83 | -14.88 | -32.72 | 0.20 | 6.63 | 13.34 |
| 22Q1 (10) | 5.75 | -5.43 | 1.41 | 0.96 | 166.67 | 9.09 | 0.44 | 33.33 | 2100.0 | 0 | 0 | 0 | 9.11 | -12.15 | -4.11 | 0.18 | 260.0 | -33.33 | 2.06 | -11.97 | 16.38 | 5.27 | -11.09 | 13.58 | 9.25 | 14.2 | 17.53 | 0 | 0 | 0 | 2.26 | -4.24 | -36.87 | 0.13 | -13.33 | -7.14 | 8.44 | 0.12 | 6.43 | 1.34 | 0.0 | 10.74 | 0.37 | 0.0 | -9.76 | 2.48 | 7.83 | -0.8 | 4.2 | 4.48 | 1.94 | -0.33 | 21.43 | 19.51 | 2.15 | 14.36 | 2.87 | 0.19 | 1.91 | -0.26 |
| 21Q4 (9) | 6.08 | 17.6 | 13.22 | 0.36 | 0.0 | -30.77 | 0.33 | 57.14 | 1550.0 | 0 | 0 | 0 | 10.37 | 11.39 | 2.27 | 0.05 | -66.67 | -85.29 | 2.34 | 15.27 | 34.48 | 5.93 | 14.6 | 25.35 | 8.1 | -6.9 | 9.61 | 0 | 0 | 0 | 2.36 | -4.84 | 12.92 | 0.15 | 15.38 | -6.25 | 8.43 | 0.0 | 6.31 | 1.34 | 0.0 | 10.74 | 0.37 | 0.0 | -9.76 | 2.3 | 2.22 | 3.14 | 4.02 | 1.26 | 4.15 | -0.42 | 4.55 | -13.51 | 1.88 | 3.87 | 1.08 | 0.19 | -0.34 | -2.3 |
| 21Q3 (8) | 5.17 | -17.94 | 17.23 | 0.36 | -51.35 | -55.56 | 0.21 | 110.0 | -77.17 | 0 | 0 | 0 | 9.31 | -9.52 | -6.15 | 0.15 | -76.92 | -73.68 | 2.03 | -17.14 | -4.69 | 5.17 | -15.85 | -16.11 | 8.7 | 2.84 | 19.67 | 0 | 0 | 0 | 2.48 | -5.7 | 24.0 | 0.13 | 0.0 | -27.78 | 8.43 | 0.24 | 15.01 | 1.34 | 10.74 | 10.74 | 0.37 | -9.76 | -9.76 | 2.25 | -28.57 | 17.19 | 3.97 | -16.95 | 12.15 | -0.44 | -2.33 | -2.33 | 1.81 | -33.46 | 21.48 | 0.19 | 4.66 | 20.55 |
| 21Q2 (7) | 6.3 | 11.11 | -29.05 | 0.74 | -15.91 | -36.21 | 0.1 | 400.0 | -87.5 | 0 | 0 | 0 | 10.29 | 8.32 | 19.93 | 0.65 | 140.74 | 160.0 | 2.45 | 38.42 | 67.81 | 6.15 | 32.48 | 0 | 8.46 | 7.5 | 17.01 | 0 | 0 | 0 | 2.63 | -26.54 | 14.85 | 0.13 | -7.14 | -18.75 | 8.41 | 6.05 | 14.73 | 1.21 | 0.0 | 0 | 0.41 | 0.0 | 0 | 3.15 | 26.0 | 0 | 4.78 | 16.02 | 60.94 | -0.43 | -4.88 | 8.51 | 2.72 | 30.14 | 678.72 | 0.18 | -6.17 | 11.1 |
| 21Q1 (6) | 5.67 | 5.59 | 26.28 | 0.88 | 69.23 | -15.38 | 0.02 | 0.0 | -97.18 | 0 | 0 | 0 | 9.5 | -6.31 | 16.56 | 0.27 | -20.59 | 42.11 | 1.77 | 1.72 | 40.48 | 4.64 | -1.88 | 0 | 7.87 | 6.5 | 17.64 | 0 | 0 | 0 | 3.58 | 71.29 | -2.45 | 0.14 | -12.5 | -17.65 | 7.93 | 0.0 | 8.19 | 1.21 | 0.0 | 0 | 0.41 | 0.0 | 0 | 2.5 | 12.11 | 0 | 4.12 | 6.74 | 44.06 | -0.41 | -10.81 | 6.82 | 2.09 | 12.37 | 575.0 | 0.19 | -0.18 | 18.69 |
| 20Q4 (5) | 5.37 | 21.77 | 18.81 | 0.52 | -35.8 | -41.57 | 0.02 | -97.83 | -97.06 | 0 | 0 | 0 | 10.14 | 2.22 | 28.52 | 0.34 | -40.35 | 183.33 | 1.74 | -18.31 | 56.76 | 4.73 | -23.31 | 0 | 7.39 | 1.65 | 16.75 | 0 | 0 | 0 | 2.09 | 4.5 | -45.99 | 0.16 | -11.11 | -11.11 | 7.93 | 8.19 | 8.19 | 1.21 | 0.0 | 2.54 | 0.41 | 0.0 | 24.24 | 2.23 | 16.15 | 92.24 | 3.86 | 9.04 | 44.03 | -0.37 | 13.95 | 9.76 | 1.86 | 24.83 | 148.0 | 0.19 | 22.97 | 20.65 |
| 20Q3 (4) | 4.41 | -50.34 | 0.0 | 0.81 | -30.17 | 0.0 | 0.92 | 15.0 | 0.0 | 0 | 0 | 0.0 | 9.92 | 15.62 | 0.0 | 0.57 | 128.0 | 0.0 | 2.13 | 45.89 | 0.0 | 6.17 | 0 | 0.0 | 7.27 | 0.55 | 0.0 | 0 | 0 | 0.0 | 2.0 | -12.66 | 0.0 | 0.18 | 12.5 | 0.0 | 7.33 | 0.0 | 0.0 | 1.21 | 0 | 0.0 | 0.41 | 0 | 0.0 | 1.92 | 0 | 0.0 | 3.54 | 19.19 | 0.0 | -0.43 | 8.51 | 0.0 | 1.49 | 417.02 | 0.0 | 0.16 | -3.55 | 0.0 |
