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) | 17.05 | 113.93 | 3.3 | 6.45 | 8.53 | -54.36 | 0 | 0 | 13.94 | 81.51 | -9.95 | 0 | 2.45 | 40.8 | 17.58 | -22.43 | 2.69 | 202.25 | 65.4 | -24.82 | 44.12 | 242.28 | 8.26 | 27433.33 | 69.14 | 16.24 | 12.68 | 0.79 | 55.6 | -6.91 | -10.05 | 0 | 58.23 | -24.9 | 0.24 | 0 | -9.81 | 0 | 0.02 | 0 |
| 2022 (9) | 7.97 | 198.5 | 3.1 | -75.2 | 18.69 | 331.64 | 0 | 0 | 7.68 | 53.6 | 1.02 | -94.38 | 1.74 | 51.3 | 22.66 | -1.49 | 0.89 | -11.88 | 86.99 | -25.16 | 12.89 | -64.93 | 0.03 | 0.0 | 59.48 | 17.78 | 12.58 | 16.27 | 59.73 | 4.48 | 5.22 | -81.89 | 77.54 | -19.9 | -0.02 | 0 | 5.2 | -79.48 | 0.00 | 0 |
| 2021 (8) | 2.67 | -71.07 | 12.5 | -43.46 | 4.33 | 43200.0 | 0 | 0 | 5.0 | -30.26 | 18.16 | -52.03 | 1.15 | -9.45 | 23.00 | 29.85 | 1.01 | -6.48 | 116.24 | -27.81 | 36.76 | 106.87 | 0.03 | -40.0 | 50.5 | 9.95 | 10.82 | 53.48 | 57.17 | 24.77 | 28.82 | -23.57 | 96.8 | 6.88 | -3.48 | 0 | 25.34 | -31.1 | 0.10 | -20.51 |
| 2020 (7) | 9.23 | 38.59 | 22.11 | 16.0 | 0.01 | -99.89 | 0 | 0 | 7.17 | -50.14 | 37.86 | 0 | 1.27 | -44.54 | 17.71 | 11.23 | 1.08 | -53.45 | 161.02 | 9.96 | 17.77 | 11.27 | 0.05 | -75.0 | 45.93 | 9.83 | 7.05 | 0.0 | 45.82 | 0.0 | 37.71 | 0 | 90.57 | 85.29 | -0.93 | 0 | 36.78 | 0 | 0.13 | -9.21 |
| 2019 (6) | 6.66 | -54.91 | 19.06 | 246.55 | 9.5 | 648.03 | 0 | 0 | 14.38 | -93.36 | -2.86 | 0 | 2.29 | 19.9 | 15.92 | 1704.93 | 2.32 | 0.87 | 146.43 | 13.81 | 15.97 | -26.84 | 0.2 | -9.09 | 41.82 | 18.87 | 7.05 | 634.38 | 45.82 | 1711.07 | -3.98 | 0 | 48.88 | -23.17 | -2.16 | 0 | -6.14 | 0 | 0.14 | -8.55 |
| 2018 (5) | 14.77 | -67.13 | 5.5 | -90.36 | 1.27 | -95.53 | 0 | 0 | 216.48 | 11.63 | 60.84 | 2333.6 | 1.91 | -84.73 | 0.88 | -86.32 | 2.3 | -95.54 | 128.66 | 575.38 | 21.83 | -43.15 | 0.22 | -99.65 | 35.18 | 9.7 | 0.96 | 35.21 | 2.53 | 690.62 | 60.13 | 2344.31 | 63.62 | 1722.92 | -0.14 | 0 | 59.99 | 0 | 0.15 | -74.07 |
| 2017 (4) | 44.93 | 13.23 | 57.03 | 48.05 | 28.38 | 24.58 | 0 | 0 | 193.92 | 28.94 | 2.5 | 1215.79 | 12.51 | 0.0 | 6.45 | -22.44 | 51.52 | 34.41 | 19.05 | 5.19 | 38.4 | 43.55 | 63.7 | 9.36 | 32.07 | 9.9 | 0.71 | 2.9 | 0.32 | 300.0 | 2.46 | 846.15 | 3.49 | 238.83 | -3.93 | 0 | -1.47 | 0 | 0.60 | 4.61 |
| 2016 (3) | 39.68 | 12.79 | 38.52 | 0.16 | 22.78 | 1056.35 | 0 | 0 | 150.4 | 121.44 | 0.19 | -95.5 | 12.51 | 7.66 | 8.32 | -51.38 | 38.33 | 25.18 | 18.11 | 30.57 | 26.75 | -43.09 | 58.25 | 0.14 | 29.18 | 15.11 | 0.69 | 0.0 | 0.08 | 14.29 | 0.26 | 550.0 | 1.03 | 28.75 | -1.3 | 0 | -1.04 | 0 | 0.57 | 2.37 |
| 2015 (2) | 35.18 | 207.25 | 38.46 | 74.98 | 1.97 | 0 | 0 | 0 | 67.92 | 655.51 | 4.22 | 26.73 | 11.62 | 545.56 | 17.11 | -14.55 | 30.62 | 2311.02 | 13.87 | -68.71 | 47.0 | 0 | 58.17 | 16058.33 | 25.35 | 21.7 | 0.69 | 0.0 | 0.07 | 0.0 | 0.04 | 0 | 0.8 | 0 | 5.28 | -49.38 | 5.32 | 102.28 | 0.56 | 131.27 |
| 2014 (1) | 11.45 | 82.32 | 21.98 | 6560.61 | 0 | 0 | 0 | 0 | 8.99 | 21.16 | 3.33 | 540.38 | 1.8 | 22.45 | 20.02 | 1.06 | 1.27 | 42.7 | 44.33 | 364.68 | 0 | 0 | 0.36 | -10.0 | 20.83 | 29.62 | 0.69 | 7.81 | 0.07 | 0.0 | -7.8 | 0 | -7.04 | 0 | 10.43 | 13.86 | 2.63 | -74.47 | 0.24 | -8.52 |
| 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) | 18.25 | -7.69 | 4.11 | 12.92 | 244.53 | 153.33 | 19.83 | 743.83 | 78.81 | 0 | 0 | 0 | 3.92 | -5.08 | 14.96 | 2.73 | 479.17 | 127.89 | 1.94 | -12.61 | -16.38 | 12.33 | -15.44 | -34.81 | 2.99 | 9.52 | 18.65 | 64.32 | -1.55 | -16.12 | 24.34 | -57.19 | -44.38 | 7.92 | -1.49 | 0.51 | 72.5 | 0.95 | 9.98 | 12.68 | 0.0 | 0.0 | 55.6 | 0.0 | 0.0 | -6.08 | 30.67 | 34.41 | 62.2 | 4.52 | 5.41 | 0.75 | 7.14 | 435.71 | -5.33 | 33.95 | 41.62 | 0.00 | 0 | -100.0 |
| 24Q2 (19) | 19.77 | -7.75 | 84.94 | 3.75 | 13.64 | -25.0 | 2.35 | 0.0 | -90.97 | 0 | 0 | 0 | 4.13 | 13.77 | 32.37 | -0.72 | 86.69 | 92.28 | 2.22 | 1.37 | 14.43 | 14.58 | -5.35 | -20.51 | 2.73 | 1.11 | 24.66 | 65.33 | 1.48 | -16.65 | 56.85 | -0.56 | 113.8 | 8.04 | -1.35 | 0.5 | 71.82 | 3.88 | 9.78 | 12.68 | 0.0 | 0.0 | 55.6 | 0.0 | 0.0 | -8.77 | 43.31 | -1819.61 | 59.51 | 12.69 | -13.49 | 0.7 | 20.69 | 325.81 | -8.07 | 45.8 | -4135.0 | 0.00 | -100.0 | -100.0 |
| 24Q1 (18) | 21.43 | 25.69 | 25.62 | 3.3 | 0.0 | 10.0 | 2.35 | -72.45 | -93.81 | 0 | 0 | 0 | 3.63 | -10.59 | 8.36 | -5.41 | -621.33 | -154.54 | 2.19 | -10.61 | -6.81 | 15.40 | -12.37 | -37.68 | 2.7 | 0.37 | 41.36 | 64.38 | -1.56 | -21.55 | 57.17 | 29.58 | 7840.28 | 8.15 | -1.33 | 0.37 | 69.14 | 0.0 | 16.24 | 12.68 | 0.0 | 0.79 | 55.6 | 0.0 | -6.91 | -15.47 | -53.93 | -202.18 | 52.81 | -9.31 | -39.62 | 0.58 | 141.67 | 680.0 | -14.89 | -51.78 | -199.0 | 0.02 | 0.79 | -4.82 |
| 23Q4 (17) | 17.05 | -2.74 | 113.93 | 3.3 | -35.29 | 6.45 | 8.53 | -23.08 | -54.36 | 0 | 0 | 0 | 4.06 | 19.06 | 69.87 | -0.75 | 92.34 | -516.67 | 2.45 | 5.6 | 40.8 | 17.58 | -7.05 | -22.43 | 2.69 | 6.75 | 202.25 | 65.4 | -14.71 | -24.82 | 44.12 | 0.82 | 242.28 | 8.26 | 4.82 | 27433.33 | 69.14 | 4.88 | 16.24 | 12.68 | 0.0 | 0.79 | 55.6 | 0.0 | -6.91 | -10.05 | -8.41 | -292.53 | 58.23 | -1.32 | -24.9 | 0.24 | 71.43 | 1300.0 | -9.81 | -7.45 | -288.65 | 0.02 | -8.32 | 0 |
| 23Q3 (16) | 17.53 | 63.99 | -10.88 | 5.1 | 2.0 | 363.64 | 11.09 | -57.4 | -40.28 | 0 | 0 | 0 | 3.41 | 9.29 | 98.26 | -9.79 | -4.93 | 10.51 | 2.32 | 19.59 | 91.74 | 18.91 | 3.12 | 1.57 | 2.52 | 15.07 | 227.27 | 76.68 | -2.17 | -10.56 | 43.76 | 64.57 | 239.49 | 7.88 | -1.5 | 39300.0 | 65.92 | 0.76 | 10.83 | 12.68 | 0.0 | 0.79 | 55.6 | 0.0 | -6.91 | -9.27 | -1917.65 | -283.93 | 59.01 | -14.22 | -23.72 | 0.14 | 145.16 | -12.5 | -9.13 | -4665.0 | -275.58 | 0.02 | 1.92 | 0 |
| 23Q2 (15) | 10.69 | -37.34 | -27.48 | 5.0 | 66.67 | 0 | 26.03 | -31.43 | 0 | 0 | 0 | 0 | 3.12 | -6.87 | 52.2 | -9.33 | -194.05 | -418.33 | 1.94 | -17.45 | 41.61 | 18.34 | -25.8 | -24.24 | 2.19 | 14.66 | 192.0 | 78.38 | -4.5 | -0.91 | 26.59 | 3593.06 | 44.12 | 8.0 | -1.48 | 26566.67 | 65.42 | 9.99 | 12.64 | 12.68 | 0.79 | 0.79 | 55.6 | -6.91 | -6.91 | 0.51 | -96.63 | -96.81 | 68.79 | -21.35 | -22.1 | -0.31 | -210.0 | -6.9 | 0.2 | -98.67 | -98.73 | 0.02 | 1.06 | -36.25 |
| 23Q1 (14) | 17.06 | 114.05 | -69.16 | 3.0 | -3.23 | -74.14 | 37.96 | 103.1 | 0 | 0 | 0 | 0 | 3.35 | 40.17 | 120.39 | 9.92 | 5411.11 | -27.01 | 2.35 | 35.06 | 137.37 | 24.71 | 9.07 | 23.3 | 1.91 | 114.61 | 112.22 | 82.07 | -5.66 | 0.77 | 0.72 | -94.41 | -97.0 | 8.12 | 26966.67 | 26966.67 | 59.48 | 0.0 | 17.78 | 12.58 | 0.0 | 16.27 | 59.73 | 0.0 | 4.48 | 15.14 | 190.04 | -64.17 | 87.46 | 12.79 | -20.66 | -0.1 | -400.0 | 77.27 | 15.04 | 189.23 | -64.04 | 0.02 | 0 | -67.73 |
| 22Q4 (13) | 7.97 | -59.48 | 198.5 | 3.1 | 181.82 | -75.2 | 18.69 | 0.65 | 331.64 | 0 | 0 | 0 | 2.39 | 38.95 | 97.52 | 0.18 | 101.65 | 102.54 | 1.74 | 43.8 | 51.3 | 22.66 | 21.71 | -1.49 | 0.89 | 15.58 | -11.88 | 86.99 | 1.47 | -25.16 | 12.89 | 0.0 | -64.93 | 0.03 | 50.0 | 0.0 | 59.48 | 0.0 | 17.78 | 12.58 | 0.0 | 16.27 | 59.73 | 0.0 | 4.48 | 5.22 | 3.57 | -81.89 | 77.54 | 0.23 | -19.9 | -0.02 | -112.5 | 99.43 | 5.2 | 0.0 | -79.48 | 0.00 | 0 | -100.0 |
| 22Q3 (12) | 19.67 | 33.45 | 41.1 | 1.1 | 0 | -92.06 | 18.57 | 0 | 328.87 | 0 | 0 | 0 | 1.72 | -16.1 | 95.45 | -10.94 | -507.78 | -34.56 | 1.21 | -11.68 | 61.33 | 18.62 | -23.09 | 36.76 | 0.77 | 2.67 | -23.0 | 85.73 | 8.38 | -48.05 | 12.89 | -30.14 | -58.51 | 0.02 | -33.33 | -33.33 | 59.48 | 2.41 | 17.78 | 12.58 | 0.0 | 16.27 | 59.73 | 0.0 | 4.48 | 5.04 | -68.46 | -85.99 | 77.36 | -12.39 | -25.59 | 0.16 | 155.17 | 104.57 | 5.2 | -66.86 | -83.99 | 0.00 | -100.0 | -100.0 |
| 22Q2 (11) | 14.74 | -73.36 | 369.43 | 0 | -100.0 | -100.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 2.05 | 34.87 | 54.14 | -1.8 | -113.25 | -114.77 | 1.37 | 38.38 | 37.0 | 24.20 | 20.78 | 44.02 | 0.75 | -16.67 | -30.56 | 79.1 | -2.87 | -52.84 | 18.45 | -23.16 | -37.33 | 0.03 | 0.0 | -25.0 | 58.08 | 15.01 | 26.45 | 12.58 | 16.27 | 78.44 | 59.73 | 4.48 | 30.36 | 15.98 | -62.19 | -77.55 | 88.3 | -19.9 | -28.81 | -0.29 | 34.09 | 90.73 | 15.69 | -62.48 | -76.94 | 0.04 | -48.85 | -77.27 |
| 22Q1 (10) | 55.32 | 1971.91 | 1145.95 | 11.6 | -7.2 | -49.57 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 1.52 | 25.62 | -3.8 | 13.59 | 291.95 | -35.84 | 0.99 | -13.91 | -13.91 | 20.04 | -12.87 | -1.19 | 0.9 | -10.89 | -12.62 | 81.44 | -29.94 | -50.35 | 24.01 | -34.68 | 34.28 | 0.03 | 0.0 | -25.0 | 50.5 | 0.0 | 9.95 | 10.82 | 0.0 | 53.48 | 57.17 | 0.0 | 24.77 | 42.26 | 46.63 | -28.28 | 110.24 | 13.88 | -1.38 | -0.44 | 87.36 | 82.61 | 41.82 | 65.04 | -25.84 | 0.07 | -27.09 | -54.07 |
| 21Q4 (9) | 2.67 | -80.85 | -71.07 | 12.5 | -9.75 | -43.46 | 4.33 | 0.0 | 43200.0 | 0 | 0 | 0 | 1.21 | 37.5 | -29.65 | -7.08 | 12.92 | -151.53 | 1.15 | 53.33 | -9.45 | 23.00 | 68.97 | 30.03 | 1.01 | 1.0 | -6.48 | 116.24 | -29.56 | -27.81 | 36.76 | 18.31 | 106.87 | 0.03 | 0.0 | -40.0 | 50.5 | 0.0 | 9.95 | 10.82 | 0.0 | 53.48 | 57.17 | 0.0 | 24.77 | 28.82 | -19.9 | -23.57 | 96.8 | -6.89 | 6.88 | -3.48 | 0.57 | -274.19 | 25.34 | -21.98 | -31.1 | 0.10 | -29.23 | -20.51 |
| 21Q3 (8) | 13.94 | 343.95 | 44.61 | 13.85 | 0.0 | -16.47 | 4.33 | 0.0 | 43200.0 | 0 | 0 | 0 | 0.88 | -33.83 | -33.33 | -8.13 | -166.69 | -185.76 | 0.75 | -25.0 | -25.0 | 13.61 | -19.01 | 25.91 | 1.0 | -7.41 | 4.17 | 165.01 | -1.62 | 7.49 | 31.07 | 5.54 | 75.93 | 0.03 | -25.0 | -40.0 | 50.5 | 9.95 | 9.95 | 10.82 | 53.48 | 53.48 | 57.17 | 24.77 | 24.77 | 35.98 | -49.44 | 50.48 | 103.96 | -16.18 | 35.42 | -3.5 | -11.82 | -66.67 | 32.48 | -52.26 | 48.92 | 0.14 | -13.9 | 18.34 |
| 21Q2 (7) | 3.14 | -29.28 | -59.54 | 13.85 | -39.78 | 13.25 | 4.33 | 43200.0 | -73.34 | 0 | 0 | 0 | 1.33 | -15.82 | 26.67 | 12.19 | -42.45 | -2.87 | 1.0 | -13.04 | 4.17 | 16.81 | -17.14 | 0 | 1.08 | 4.85 | 12.5 | 167.73 | 2.25 | 9.71 | 29.44 | 64.65 | 560.09 | 0.04 | 0.0 | -33.33 | 45.93 | 0.0 | 2.32 | 7.05 | 0.0 | 0.0 | 45.82 | 0.0 | 0.0 | 71.17 | 20.79 | 392.87 | 124.03 | 10.96 | 84.29 | -3.13 | -23.72 | -11.79 | 68.04 | 20.66 | 484.54 | 0.17 | 3.38 | 63.64 |
| 21Q1 (6) | 4.44 | -51.9 | -48.85 | 23.0 | 4.03 | 64.76 | 0.01 | 0.0 | -99.88 | 0 | 0 | 0 | 1.58 | -8.14 | -48.87 | 21.18 | 54.15 | 908.57 | 1.15 | -9.45 | -43.35 | 20.28 | 14.67 | 0 | 1.03 | -4.63 | -56.36 | 164.04 | 1.88 | 16.81 | 17.88 | 0.62 | 12.1 | 0.04 | -20.0 | -80.0 | 45.93 | 0.0 | 9.15 | 7.05 | 0.0 | 0.0 | 45.82 | 0.0 | 0.0 | 58.92 | 56.25 | 3250.8 | 111.78 | 23.42 | 119.22 | -2.53 | -172.04 | 20.44 | 56.39 | 53.32 | 1216.63 | 0.16 | 26.18 | -2.74 |
| 20Q4 (5) | 9.23 | -4.25 | 38.59 | 22.11 | 33.35 | 16.0 | 0.01 | 0.0 | -99.89 | 0 | 0 | 0 | 1.72 | 30.3 | -54.62 | 13.74 | 44.94 | 1102.92 | 1.27 | 27.0 | -44.54 | 17.69 | 63.61 | 0 | 1.08 | 12.5 | -53.45 | 161.02 | 4.89 | 9.96 | 17.77 | 0.62 | 11.27 | 0.05 | 0.0 | -75.0 | 45.93 | 0.0 | 9.83 | 7.05 | 0.0 | 0.0 | 45.82 | 0.0 | 0.0 | 37.71 | 57.72 | 1047.49 | 90.57 | 17.98 | 85.29 | -0.93 | 55.71 | 56.94 | 36.78 | 68.64 | 699.02 | 0.13 | 5.37 | -9.21 |
| 20Q3 (4) | 9.64 | 24.23 | 0.0 | 16.58 | 35.57 | 0.0 | 0.01 | -99.94 | 0.0 | 0 | 0 | 0.0 | 1.32 | 25.71 | 0.0 | 9.48 | -24.46 | 0.0 | 1.0 | 4.17 | 0.0 | 10.81 | 0 | 0.0 | 0.96 | 0.0 | 0.0 | 153.51 | 0.41 | 0.0 | 17.66 | 295.96 | 0.0 | 0.05 | -16.67 | 0.0 | 45.93 | 2.32 | 0.0 | 7.05 | 0.0 | 0.0 | 45.82 | 0.0 | 0.0 | 23.91 | 65.58 | 0.0 | 76.77 | 14.07 | 0.0 | -2.1 | 25.0 | 0.0 | 21.81 | 87.37 | 0.0 | 0.12 | 19.05 | 0.0 |
