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) | 0.92 | 0.0 | 0.95 | 11.76 | 1.7 | 47.83 | 0.16 | -5.88 | 12.18 | 15.01 | -0.43 | 0 | 1.77 | 24.65 | 14.53 | 8.38 | 0.5 | -51.46 | 0 | 0 | 2.44 | -14.69 | 1.48 | 2.78 | 4.25 | 0.0 | 0 | 0 | 0.1 | 0.0 | -0.42 | 0 | -0.32 | 0 | 0.1 | 0 | -0.32 | 0 | 0.13 | 7.64 |
| 2022 (9) | 0.92 | 8.24 | 0.85 | -36.09 | 1.15 | 1.77 | 0.17 | 41.67 | 10.59 | 10.43 | -0.31 | 0 | 1.42 | -2.74 | 13.41 | -11.92 | 1.03 | 17.05 | 0 | 0 | 2.86 | 115.04 | 1.44 | 82.28 | 4.25 | 0.0 | 0 | 0 | 0.1 | 0.0 | -0.31 | 0 | -0.21 | 0 | -0.1 | 0 | -0.41 | 0 | 0.12 | -0.2 |
| 2021 (8) | 0.85 | -15.0 | 1.33 | 141.82 | 1.13 | -31.52 | 0.12 | 33.33 | 9.59 | 5.38 | 0.39 | -49.35 | 1.46 | -16.57 | 15.22 | -20.83 | 0.88 | 37.5 | 0 | 0 | 1.33 | -6.34 | 0.79 | -12.22 | 4.25 | 0.0 | 0.17 | 88.89 | 0.1 | 0.0 | -0.17 | 0 | 0.1 | -90.1 | -0.05 | 0 | -0.22 | 0 | 0.12 | -20.21 |
| 2020 (7) | 1.0 | 36.99 | 0.55 | 25.0 | 1.65 | 48.65 | 0.09 | 0 | 9.1 | -10.78 | 0.77 | 13.24 | 1.75 | -13.37 | 19.23 | -2.89 | 0.64 | -23.81 | 0 | 0 | 1.42 | -23.66 | 0.9 | -5.26 | 4.25 | 1.19 | 0.09 | 200.0 | 0.1 | 400.0 | 0.82 | 5.13 | 1.01 | 21.69 | 0.08 | 0 | 0.9 | 28.57 | 0.15 | 27.93 |
| 2019 (6) | 0.73 | -35.96 | 0.44 | -4.35 | 1.11 | 12.12 | 0 | 0 | 10.2 | 9.56 | 0.68 | 151.85 | 2.02 | 8.6 | 19.80 | -0.87 | 0.84 | 52.73 | 0.07 | 40.0 | 1.86 | 57.63 | 0.95 | -14.41 | 4.2 | 0.0 | 0.03 | 0 | 0.02 | 0 | 0.78 | 188.89 | 0.83 | 207.41 | -0.08 | 0 | 0.7 | 180.0 | 0.12 | -8.8 |
| 2018 (5) | 1.14 | -40.31 | 0.46 | 6.98 | 0.99 | 37.5 | 0 | 0 | 9.31 | -1.27 | 0.27 | -35.71 | 1.86 | 4.49 | 19.98 | 5.84 | 0.55 | -11.29 | 0.05 | 0 | 1.18 | -30.59 | 1.11 | -21.28 | 4.2 | 10.24 | 0 | 0 | 0 | 0 | 0.27 | 0 | 0.27 | 0 | -0.02 | 0 | 0.25 | 0 | 0.13 | -10.45 |
| 2017 (4) | 1.91 | -2.05 | 0.43 | -59.81 | 0.72 | -8.86 | 0 | 0 | 9.43 | 2.95 | 0.42 | 0 | 1.78 | 14.84 | 18.88 | 11.55 | 0.62 | 24.0 | 0 | 0 | 1.7 | 4.29 | 1.41 | -0.7 | 3.81 | 0.0 | 0.04 | 0.0 | 0.01 | 0.0 | -0.28 | 0 | -0.23 | 0 | 0.01 | -50.0 | -0.27 | 0 | 0.14 | 1.26 |
| 2016 (3) | 1.95 | 14.04 | 1.07 | -5.31 | 0.79 | -21.0 | 0 | 0 | 9.16 | -5.08 | -0.62 | 0 | 1.55 | -37.5 | 16.92 | -34.16 | 0.5 | -33.33 | 0 | 0 | 1.63 | -31.51 | 1.42 | -8.39 | 3.81 | 9.8 | 0.04 | 0.0 | 0.01 | 0.0 | -0.72 | 0 | -0.67 | 0 | 0.02 | -90.0 | -0.7 | 0 | 0.14 | -17.52 |
| 2015 (2) | 1.71 | 37.9 | 1.13 | 1514.29 | 1.0 | 20.48 | 0 | 0 | 9.65 | 44.68 | -0.59 | 0 | 2.48 | 69.86 | 25.70 | 17.41 | 0.75 | 70.45 | 0.46 | 48.39 | 2.38 | 643.75 | 1.55 | 21.09 | 3.47 | 10.16 | 0.04 | 0.0 | 0.01 | 0.0 | -0.63 | 0 | -0.58 | 0 | 0.2 | -23.08 | -0.43 | 0 | 0.17 | 1.75 |
| 2014 (1) | 1.24 | -46.32 | 0.07 | -90.67 | 0.83 | 361.11 | 0 | 0 | 6.67 | 60.34 | 0.06 | 20.0 | 1.46 | 151.72 | 21.89 | 57.0 | 0.44 | 41.94 | 0.31 | -41.51 | 0.32 | -57.89 | 1.28 | 287.88 | 3.15 | 11.31 | 0.04 | 0.0 | 0.01 | 0.0 | -0.09 | 0 | -0.04 | 0 | 0.26 | 225.0 | 0.17 | 30.77 | 0.17 | 64.3 |
| 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) | 0.66 | -29.79 | -1.49 | 1.02 | 0.0 | 0.99 | 1.49 | -7.45 | -1.97 | 0 | -100.0 | -100.0 | 2.93 | 6.93 | -6.39 | 0.18 | 100.0 | 181.82 | 1.15 | -1.71 | -40.41 | 9.95 | -0.01 | -37.22 | 0.54 | -8.47 | -16.92 | 0 | 0 | 0 | 1.54 | -18.95 | -37.65 | 1.53 | 2.68 | -2.55 | 4.25 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | -100.0 | -0.25 | 40.48 | -25.0 | -0.25 | 40.48 | -150.0 | 0.28 | 16.67 | 366.67 | 0.03 | 116.67 | 121.43 | 0.11 | -10.62 | -14.91 |
| 24Q2 (19) | 0.94 | 62.07 | 154.05 | 1.02 | 2.0 | 27.5 | 1.61 | -6.4 | 19.26 | 0.05 | -68.75 | -72.22 | 2.74 | 4.98 | -8.05 | 0.09 | 137.5 | 200.0 | 1.17 | -30.77 | -34.64 | 9.95 | -29.36 | -35.3 | 0.59 | -1.67 | -15.71 | 0 | 0 | 0 | 1.9 | -14.8 | -24.0 | 1.49 | 0.0 | 2.05 | 4.25 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | -0.42 | 36.36 | -2200.0 | -0.42 | 25.0 | -450.0 | 0.24 | 60.0 | 900.0 | -0.18 | 64.71 | -1700.0 | 0.12 | -3.89 | 3.85 |
| 24Q1 (18) | 0.58 | -36.96 | -34.09 | 1.0 | 5.26 | 16.28 | 1.72 | 1.18 | 25.55 | 0.16 | 0.0 | -15.79 | 2.61 | -20.43 | -6.45 | -0.24 | -9.09 | -1100.0 | 1.69 | -4.52 | 7.64 | 14.08 | -3.09 | -0.16 | 0.6 | 20.0 | -41.18 | 0 | 0 | 0 | 2.23 | -8.61 | -19.78 | 1.49 | 0.68 | 2.05 | 4.25 | 0.0 | 0.0 | 0 | 0 | 0 | 0.1 | 0.0 | 0.0 | -0.66 | -57.14 | -88.57 | -0.56 | -75.0 | -124.0 | 0.15 | 50.0 | 266.67 | -0.51 | -59.38 | -15.91 | 0.13 | -1.63 | 5.23 |
| 23Q4 (17) | 0.92 | 37.31 | 0.0 | 0.95 | -5.94 | 11.76 | 1.7 | 11.84 | 47.83 | 0.16 | -11.11 | -5.88 | 3.28 | 4.79 | 0.0 | -0.22 | 0.0 | 29.03 | 1.77 | -8.29 | 24.65 | 14.53 | -8.29 | 8.48 | 0.5 | -23.08 | -51.46 | 0 | 0 | 0 | 2.44 | -1.21 | -14.69 | 1.48 | -5.73 | 2.78 | 4.25 | 0.0 | 0.0 | 0 | 0 | 0 | 0.1 | 0.0 | 0.0 | -0.42 | -110.0 | -35.48 | -0.32 | -220.0 | -52.38 | 0.1 | 66.67 | 200.0 | -0.32 | -128.57 | 21.95 | 0.13 | 0.69 | 7.64 |
| 23Q3 (16) | 0.67 | 81.08 | -23.86 | 1.01 | 26.25 | 24.69 | 1.52 | 12.59 | 76.74 | 0.18 | 0.0 | 5.88 | 3.13 | 5.03 | 20.85 | -0.22 | -833.33 | -633.33 | 1.93 | 7.82 | 32.19 | 15.85 | 3.04 | 9.83 | 0.65 | -7.14 | -31.58 | 0 | 0 | -100.0 | 2.47 | -1.2 | -0.8 | 1.57 | 7.53 | 9.03 | 4.25 | 0.0 | 0.0 | 0 | 0 | 0 | 0.1 | 0.0 | 0.0 | -0.2 | -1100.0 | 0 | -0.1 | -183.33 | -190.91 | 0.06 | 300.0 | 160.0 | -0.14 | -1300.0 | -40.0 | 0.13 | 9.09 | 7.17 |
| 23Q2 (15) | 0.37 | -57.95 | -55.95 | 0.8 | -6.98 | 1.27 | 1.35 | -1.46 | 104.55 | 0.18 | -5.26 | 12.5 | 2.98 | 6.81 | 20.65 | 0.03 | 250.0 | 0.0 | 1.79 | 14.01 | 23.45 | 15.38 | 9.02 | 4.46 | 0.7 | -31.37 | -18.6 | 0 | 0 | -100.0 | 2.5 | -10.07 | 17.37 | 1.46 | 0.0 | 71.76 | 4.25 | 0.0 | 0.0 | 0 | 0 | 0 | 0.1 | 0.0 | 0.0 | 0.02 | 105.71 | -50.0 | 0.12 | 148.0 | -14.29 | -0.03 | 66.67 | 80.0 | -0.01 | 97.73 | 90.91 | 0.12 | -2.61 | -5.93 |
| 23Q1 (14) | 0.88 | -4.35 | -21.43 | 0.86 | 1.18 | 79.17 | 1.37 | 19.13 | 75.64 | 0.19 | 11.76 | 11.76 | 2.79 | -14.94 | 23.45 | -0.02 | 93.55 | -300.0 | 1.57 | 10.56 | 58.59 | 14.11 | 5.3 | 37.64 | 1.02 | -0.97 | 0.0 | 0 | 0 | 0 | 2.78 | -2.8 | 25.79 | 1.46 | 1.39 | 78.05 | 4.25 | 0.0 | 0.0 | 0 | 0 | -100.0 | 0.1 | 0.0 | 0.0 | -0.35 | -12.9 | -118.75 | -0.25 | -19.05 | -327.27 | -0.09 | 10.0 | -250.0 | -0.44 | -7.32 | -340.0 | 0.12 | 0.62 | -0.28 |
| 22Q4 (13) | 0.92 | 4.55 | 8.24 | 0.85 | 4.94 | -36.09 | 1.15 | 33.72 | 1.77 | 0.17 | 0.0 | 41.67 | 3.28 | 26.64 | 17.14 | -0.31 | -933.33 | -263.16 | 1.42 | -2.74 | -2.74 | 13.40 | -7.14 | -12.01 | 1.03 | 8.42 | 17.05 | 0 | -100.0 | 0 | 2.86 | 14.86 | 115.04 | 1.44 | 0.0 | 82.28 | 4.25 | 0.0 | 0.0 | 0 | 0 | -100.0 | 0.1 | 0.0 | 0.0 | -0.31 | 0 | -82.35 | -0.21 | -290.91 | -310.0 | -0.1 | 0.0 | -100.0 | -0.41 | -310.0 | -86.36 | 0.12 | 0.26 | -0.2 |
| 22Q3 (12) | 0.88 | 4.76 | -4.35 | 0.81 | 2.53 | -24.3 | 0.86 | 30.3 | -39.01 | 0.17 | 6.25 | 41.67 | 2.59 | 4.86 | 11.64 | -0.03 | -200.0 | -130.0 | 1.46 | 0.69 | 26.96 | 14.43 | -2.0 | 21.56 | 0.95 | 10.47 | -10.38 | 0.22 | -4.35 | 0 | 2.49 | 16.9 | 70.55 | 1.44 | 69.41 | 80.0 | 4.25 | 0.0 | 0.0 | 0 | 0 | -100.0 | 0.1 | 0.0 | 0.0 | 0 | -100.0 | 100.0 | 0.11 | -21.43 | 237.5 | -0.1 | 33.33 | 70.59 | -0.1 | 9.09 | 85.51 | 0.12 | -4.25 | -5.36 |
| 22Q2 (11) | 0.84 | -25.0 | 52.73 | 0.79 | 64.58 | 33.9 | 0.66 | -15.38 | -61.4 | 0.16 | -5.88 | 23.08 | 2.47 | 9.29 | 8.33 | 0.03 | 200.0 | 0.0 | 1.45 | 46.46 | -19.44 | 14.72 | 43.64 | -20.59 | 0.86 | -15.69 | -2.27 | 0.23 | 0 | 0 | 2.13 | -3.62 | 38.31 | 0.85 | 3.66 | 2.41 | 4.25 | 0.0 | 0.0 | 0 | -100.0 | -100.0 | 0.1 | 0.0 | 0.0 | 0.04 | 125.0 | -95.65 | 0.14 | 27.27 | -87.39 | -0.15 | -350.0 | -15.38 | -0.11 | -10.0 | -113.92 | 0.12 | 3.24 | -17.71 |
| 22Q1 (10) | 1.12 | 31.76 | 28.74 | 0.48 | -63.91 | 2.13 | 0.78 | -30.97 | -53.57 | 0.17 | 41.67 | 54.55 | 2.26 | -19.29 | 3.2 | 0.01 | -94.74 | -85.71 | 0.99 | -32.19 | -40.36 | 10.25 | -32.68 | -42.52 | 1.02 | 15.91 | 30.77 | 0 | 0 | 0 | 2.21 | 66.17 | 20.77 | 0.82 | 3.8 | -6.82 | 4.25 | 0.0 | 0.0 | 0.17 | 0.0 | 88.89 | 0.1 | 0.0 | 0.0 | -0.16 | 5.88 | -118.18 | 0.11 | 10.0 | -89.81 | 0.06 | 220.0 | 185.71 | -0.1 | 54.55 | -112.35 | 0.12 | 0.7 | -20.73 |
| 21Q4 (9) | 0.85 | -7.61 | -15.0 | 1.33 | 24.3 | 141.82 | 1.13 | -19.86 | -31.52 | 0.12 | 0.0 | 33.33 | 2.8 | 20.69 | -3.45 | 0.19 | 90.0 | -44.12 | 1.46 | 26.96 | -16.57 | 15.22 | 28.28 | -20.83 | 0.88 | -16.98 | 37.5 | 0 | 0 | 0 | 1.33 | -8.9 | -6.34 | 0.79 | -1.25 | -12.22 | 4.25 | 0.0 | 0.0 | 0.17 | 0.0 | 88.89 | 0.1 | 0.0 | 0.0 | -0.17 | 51.43 | -120.73 | 0.1 | 225.0 | -90.1 | -0.05 | 85.29 | -162.5 | -0.22 | 68.12 | -124.44 | 0.12 | -4.92 | -20.21 |
| 21Q3 (8) | 0.92 | 67.27 | -22.69 | 1.07 | 81.36 | 72.58 | 1.41 | -17.54 | -14.55 | 0.12 | -7.69 | 0 | 2.32 | 1.75 | -0.85 | 0.1 | 233.33 | -41.18 | 1.15 | -36.11 | -28.12 | 11.87 | -35.98 | -31.98 | 1.06 | 20.45 | 55.88 | 0 | 0 | 0 | 1.46 | -5.19 | -14.62 | 0.8 | -3.61 | -10.11 | 4.25 | 0.0 | 0.0 | 0.17 | 88.89 | 88.89 | 0.1 | 0.0 | 0.0 | -0.35 | -138.04 | -172.92 | -0.08 | -107.21 | -111.94 | -0.34 | -161.54 | -277.78 | -0.69 | -187.34 | -276.92 | 0.13 | -16.75 | -14.43 |
| 21Q2 (7) | 0.55 | -36.78 | -15.38 | 0.59 | 25.53 | 0.0 | 1.71 | 1.79 | 20.42 | 0.13 | 18.18 | 0 | 2.28 | 4.11 | 21.28 | 0.03 | -57.14 | -88.0 | 1.8 | 8.43 | 20.0 | 18.54 | 3.97 | 0 | 0.88 | 12.82 | 35.38 | 0 | 0 | -100.0 | 1.54 | -15.85 | 5.48 | 0.83 | -5.68 | -6.74 | 4.25 | 0.0 | 0.0 | 0.09 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.92 | 4.55 | 196.77 | 1.11 | 2.78 | 122.0 | -0.13 | -85.71 | 45.83 | 0.79 | -2.47 | 1028.57 | 0.15 | -0.55 | 15.42 |
| 21Q1 (6) | 0.87 | -13.0 | 50.0 | 0.47 | -14.55 | -2.08 | 1.68 | 1.82 | 25.37 | 0.11 | 22.22 | 0 | 2.19 | -24.48 | 10.61 | 0.07 | -79.41 | 600.0 | 1.66 | -5.14 | 12.16 | 17.83 | -7.28 | 0 | 0.78 | 21.88 | -1.27 | 0 | 0 | -100.0 | 1.83 | 28.87 | 1.67 | 0.88 | -2.22 | -2.22 | 4.25 | 0.0 | 1.19 | 0.09 | 0.0 | 200.0 | 0.1 | 0.0 | 400.0 | 0.88 | 7.32 | 11.39 | 1.08 | 6.93 | 28.57 | -0.07 | -187.5 | 70.83 | 0.81 | -10.0 | 47.27 | 0.15 | 1.36 | 29.93 |
| 20Q4 (5) | 1.0 | -15.97 | 36.99 | 0.55 | -11.29 | 25.0 | 1.65 | 0.0 | 48.65 | 0.09 | 0 | 0 | 2.9 | 23.93 | -2.36 | 0.34 | 100.0 | -60.92 | 1.75 | 9.38 | 1.16 | 19.23 | 10.22 | 0 | 0.64 | -5.88 | -23.81 | 0 | 0 | -100.0 | 1.42 | -16.96 | -23.66 | 0.9 | 1.12 | -5.26 | 4.25 | 0.0 | 1.19 | 0.09 | 0.0 | 200.0 | 0.1 | 0.0 | 400.0 | 0.82 | 70.83 | 5.13 | 1.01 | 50.75 | 21.69 | 0.08 | 188.89 | 200.0 | 0.9 | 130.77 | 28.57 | 0.15 | 1.96 | 27.93 |
| 20Q3 (4) | 1.19 | 83.08 | 0.0 | 0.62 | 5.08 | 0.0 | 1.65 | 16.2 | 0.0 | 0 | 0 | 0.0 | 2.34 | 24.47 | 0.0 | 0.17 | -32.0 | 0.0 | 1.6 | 6.67 | 0.0 | 17.45 | 0 | 0.0 | 0.68 | 4.62 | 0.0 | 0 | -100.0 | 0.0 | 1.71 | 17.12 | 0.0 | 0.89 | 0.0 | 0.0 | 4.25 | 0.0 | 0.0 | 0.09 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.48 | 54.84 | 0.0 | 0.67 | 34.0 | 0.0 | -0.09 | 62.5 | 0.0 | 0.39 | 457.14 | 0.0 | 0.15 | 12.29 | 0.0 |
