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) | 1.2 | -38.78 | 0.23 | -88.27 | 0 | 0 | 0 | 0 | 2.79 | -36.59 | -1.09 | 0 | 0.17 | -80.9 | 6.09 | -69.88 | 0.44 | -69.44 | 0 | 0 | 0 | 0 | 0.02 | -50.0 | 3.57 | 0.0 | 0 | 0 | 0 | 0 | -1.11 | 0 | -1.11 | 0 | -0.33 | 0 | -1.44 | 0 | 0.12 | -13.89 |
| 2022 (9) | 1.96 | -1.51 | 1.96 | 390.0 | 0.02 | -92.86 | 0 | 0 | 4.4 | 9.73 | -0.35 | 0 | 0.89 | 39.06 | 20.23 | 26.74 | 1.44 | 121.54 | 0 | 0 | 0 | 0 | 0.04 | 0.0 | 3.57 | 0.0 | 0 | 0 | 0 | 0 | -0.35 | 0 | -0.35 | 0 | -0.38 | 0 | -0.73 | 0 | 0.14 | -16.43 |
| 2021 (8) | 1.99 | 33.56 | 0.4 | -55.56 | 0.28 | 0 | 0 | 0 | 4.01 | -27.09 | -0.69 | 0 | 0.64 | -60.74 | 15.96 | -46.15 | 0.65 | 225.0 | 0 | 0 | 0.02 | 0 | 0.04 | 0.0 | 3.57 | 46.91 | 0 | 0 | 0 | 0 | -1.01 | 0 | -1.01 | 0 | -0.59 | 0 | -1.6 | 0 | 0.17 | -45.15 |
| 2020 (7) | 1.49 | 4.93 | 0.9 | 136.84 | 0 | 0 | 0 | 0 | 5.5 | -22.86 | -0.28 | 0 | 1.63 | 77.17 | 29.64 | 129.68 | 0.2 | -61.54 | 0 | 0 | 0 | 0 | 0.04 | 300.0 | 2.43 | 0.0 | 0 | 0 | 0 | 0 | -0.28 | 0 | -0.28 | 0 | -0.36 | 0 | -0.64 | 0 | 0.30 | 84.34 |
| 2019 (6) | 1.42 | -21.98 | 0.38 | -34.48 | 0 | 0 | 0 | 0 | 7.13 | 43.75 | -0.54 | 0 | 0.92 | 8.24 | 12.90 | -24.71 | 0.52 | -46.39 | 0 | 0 | 0 | 0 | 0.01 | -93.75 | 2.43 | 0.0 | 0 | 0 | 0 | 0 | -0.54 | 0 | -0.54 | 0 | -0.35 | 0 | -0.89 | 0 | 0.16 | 145.14 |
| 2018 (5) | 1.82 | 810.0 | 0.58 | 152.17 | 0.01 | 0.0 | 0 | 0 | 4.96 | 9.98 | -0.44 | 0 | 0.85 | -17.48 | 17.14 | -24.96 | 0.97 | -2.02 | 0 | 0 | 0.01 | -50.0 | 0.16 | -33.33 | 2.43 | 24.62 | 0 | 0 | 0 | 0 | -0.66 | 0 | -0.66 | 0 | -0.33 | 0 | -0.99 | 0 | 0.07 | 0 |
| 2017 (4) | 0.2 | -71.43 | 0.23 | -20.69 | 0.01 | 0.0 | 0 | 0 | 4.51 | -17.25 | -0.38 | 0 | 1.03 | -21.97 | 22.84 | -5.71 | 0.99 | 3.12 | 0 | 0 | 0.02 | 0.0 | 0.24 | 26.32 | 1.95 | 0.0 | 0 | 0 | 0 | 0 | -0.25 | 0 | -0.25 | 0 | -0.35 | 0 | -0.6 | 0 | 0.00 | 0 |
| 2016 (3) | 0.7 | 536.36 | 0.29 | 93.33 | 0.01 | -66.67 | 0 | 0 | 5.45 | 12.84 | 0.13 | 0 | 1.32 | 3.12 | 24.22 | -8.61 | 0.96 | 31.51 | 0 | 0 | 0.02 | -71.43 | 0.19 | 90.0 | 1.95 | 0.0 | 0 | 0 | 0 | 0 | 0.13 | 0 | 0.13 | 0 | -0.35 | 0 | -0.22 | 0 | 0.00 | 0 |
| 2015 (2) | 0.11 | -86.75 | 0.15 | 0 | 0.03 | 0.0 | 0 | 0 | 4.83 | 7.33 | -0.22 | 0 | 1.28 | 3.23 | 26.50 | -3.83 | 0.73 | 43.14 | 0 | 0 | 0.07 | -41.67 | 0.1 | 0 | 1.95 | -3.47 | 0 | 0 | 0 | 0 | -0.18 | 0 | -0.18 | 0 | -0.22 | 0 | -0.4 | 0 | 0.00 | 0 |
| 2014 (1) | 0.83 | -48.45 | 0 | 0 | 0.03 | 50.0 | 0 | 0 | 4.5 | 26.05 | 0.23 | 91.67 | 1.24 | 39.33 | 27.56 | 10.53 | 0.51 | 27.5 | 0 | 0 | 0.12 | -64.71 | 0 | 0 | 2.02 | -7.34 | 0 | 0 | 0.03 | 0.0 | 0.27 | -30.77 | 0.31 | -24.39 | 0.01 | 0 | 0.28 | -22.22 | 0.00 | 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) | 1.72 | 75.51 | -22.52 | 0.19 | -42.42 | -89.78 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | -33.33 | -81.82 | -0.23 | 11.54 | 37.84 | 0.09 | 0.0 | -82.69 | 13.85 | 69.23 | -5.47 | 0.27 | 0.0 | -64.0 | 0.06 | -14.29 | 0 | 0 | 0 | 0 | 0.05 | 400.0 | 150.0 | 3.08 | 24.7 | -13.73 | 0 | 0 | 0 | 0 | 0 | 0 | -0.8 | -40.35 | 3.61 | -0.8 | -40.35 | 3.61 | -0.13 | 59.38 | 64.86 | -0.93 | -4.49 | 22.5 | 0.07 | -32.14 | -38.19 |
| 24Q2 (19) | 0.98 | -10.91 | -37.97 | 0.33 | 50.0 | -82.45 | 0 | 0 | 0 | 0 | 0 | 0 | 0.15 | 114.29 | -81.25 | -0.26 | 18.75 | 23.53 | 0.09 | 80.0 | -88.0 | 8.18 | 186.36 | -56.47 | 0.27 | -32.5 | -74.53 | 0.07 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | -66.67 | 2.47 | -30.81 | -30.81 | 0 | 0 | 0 | 0 | 0 | 0 | -0.57 | 59.86 | -23.91 | -0.57 | 59.86 | -23.91 | -0.32 | 3.03 | 23.81 | -0.89 | 49.14 | -1.14 | 0.11 | -3.78 | -12.78 |
| 24Q1 (18) | 1.1 | -8.33 | -37.14 | 0.22 | -4.35 | -89.57 | 0 | 0 | 0 | 0 | 0 | 0 | 0.07 | -78.79 | -93.69 | -0.32 | -14.29 | -220.0 | 0.05 | -70.59 | -94.38 | 2.86 | -53.11 | -85.49 | 0.4 | -9.09 | -71.63 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | -50.0 | -66.67 | 3.57 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.42 | -27.93 | -215.56 | -1.42 | -27.93 | -215.56 | -0.33 | 0.0 | 13.16 | -1.75 | -21.53 | -110.84 | 0.11 | -5.99 | -21.24 |
| 23Q4 (17) | 1.2 | -45.95 | -38.78 | 0.23 | -87.63 | -88.27 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0.33 | -40.0 | -69.72 | -0.28 | 24.32 | -75.0 | 0.17 | -67.31 | -80.9 | 6.09 | -58.4 | -69.94 | 0.44 | -41.33 | -69.44 | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0.0 | -50.0 | 3.57 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.11 | -33.73 | -217.14 | -1.11 | -33.73 | -217.14 | -0.33 | 10.81 | 13.16 | -1.44 | -20.0 | -97.26 | 0.12 | 0.69 | -13.89 |
| 23Q3 (16) | 2.22 | 40.51 | -8.64 | 1.86 | -1.06 | 4.49 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0.55 | -31.25 | -44.44 | -0.37 | -8.82 | -131.25 | 0.52 | -30.67 | -35.0 | 14.65 | -22.07 | -27.13 | 0.75 | -29.25 | -29.25 | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | -33.33 | -50.0 | 3.57 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.83 | -80.43 | -336.84 | -0.83 | -80.43 | -336.84 | -0.37 | 11.9 | 22.92 | -1.2 | -36.36 | -79.1 | 0.12 | -4.25 | -12.85 |
| 23Q2 (15) | 1.58 | -9.71 | -42.75 | 1.88 | -10.9 | -1.57 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0.8 | -27.93 | -39.85 | -0.34 | -240.0 | -3500.0 | 0.75 | -15.73 | -9.64 | 18.80 | -4.54 | -3.98 | 1.06 | -24.82 | 17.78 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | 0.0 | 0.0 | 3.57 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.46 | -2.22 | -1433.33 | -0.46 | -2.22 | -1433.33 | -0.42 | -10.53 | 12.5 | -0.88 | -6.02 | -72.55 | 0.12 | -13.11 | -9.92 |
| 23Q1 (14) | 1.75 | -10.71 | -32.17 | 2.11 | 7.65 | 61.07 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 1.11 | 1.83 | 13.27 | -0.1 | 37.5 | -150.0 | 0.89 | 0.0 | 34.85 | 19.69 | -2.88 | 15.75 | 1.41 | -2.08 | 127.42 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | -25.0 | 0.0 | 3.57 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.45 | -28.57 | 57.14 | -0.45 | -28.57 | 57.14 | -0.38 | 0.0 | 13.64 | -0.83 | -13.7 | 44.3 | 0.14 | 2.79 | 4.73 |
| 22Q4 (13) | 1.96 | -19.34 | -1.51 | 1.96 | 10.11 | 390.0 | 0.02 | -77.78 | -92.86 | 0 | 0 | 0 | 1.09 | 10.1 | 60.29 | -0.16 | 0.0 | -60.0 | 0.89 | 11.25 | 39.06 | 20.27 | 0.86 | 26.71 | 1.44 | 35.85 | 121.54 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.04 | 0.0 | 0.0 | 3.57 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.35 | -84.21 | 65.35 | -0.35 | -84.21 | 65.35 | -0.38 | 20.83 | 35.59 | -0.73 | -8.96 | 54.37 | 0.14 | 1.9 | -16.43 |
| 22Q3 (12) | 2.43 | -11.96 | 19.12 | 1.78 | -6.81 | 235.85 | 0.09 | -47.06 | -57.14 | 0 | 0 | 0 | 0.99 | -25.56 | -20.8 | -0.16 | -1700.0 | 20.0 | 0.8 | -3.61 | -34.96 | 20.10 | 2.68 | -24.17 | 1.06 | 17.78 | 41.33 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.04 | 33.33 | -20.0 | 3.57 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.19 | -533.33 | 79.12 | -0.19 | -533.33 | 79.12 | -0.48 | 0.0 | 21.31 | -0.67 | -31.37 | 55.92 | 0.14 | -1.02 | -24.1 |
| 22Q2 (11) | 2.76 | 6.98 | 30.19 | 1.91 | 45.8 | 189.39 | 0.17 | -29.17 | 240.0 | 0 | 0 | 0 | 1.33 | 35.71 | 37.11 | 0.01 | 125.0 | 106.25 | 0.83 | 25.76 | -23.15 | 19.58 | 15.08 | -14.99 | 0.9 | 45.16 | 100.0 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.03 | 0.0 | 0.0 | 3.57 | 0.0 | 17.82 | 0 | 0 | 0 | 0 | 0 | 0 | -0.03 | 97.14 | 95.52 | -0.03 | 97.14 | 95.52 | -0.48 | -9.09 | 4.0 | -0.51 | 65.77 | 56.41 | 0.14 | 1.02 | -47.4 |
| 22Q1 (10) | 2.58 | 29.65 | 2.38 | 1.31 | 227.5 | 254.05 | 0.24 | -14.29 | 0 | 0 | 0 | 0 | 0.98 | 44.12 | -10.91 | -0.04 | 60.0 | 82.61 | 0.66 | 3.12 | -30.53 | 17.01 | 6.31 | -11.01 | 0.62 | -4.62 | 29.17 | 0 | 0 | 0 | 0 | -100.0 | 0 | 0.03 | -25.0 | 0.0 | 3.57 | 0.0 | 17.82 | 0 | 0 | 0 | 0 | 0 | 0 | -1.05 | -3.96 | -101.92 | -1.05 | -3.96 | -101.92 | -0.44 | 25.42 | -4.76 | -1.49 | 6.88 | -58.51 | 0.14 | -17.98 | -45.31 |
| 21Q4 (9) | 1.99 | -2.45 | 33.56 | 0.4 | -24.53 | -55.56 | 0.28 | 33.33 | 0 | 0 | 0 | 0 | 0.68 | -45.6 | -48.48 | -0.1 | 50.0 | 62.96 | 0.64 | -47.97 | -60.74 | 16.00 | -39.64 | -46.01 | 0.65 | -13.33 | 225.0 | 0 | 0 | 0 | 0.02 | -77.78 | 0 | 0.04 | -20.0 | 0.0 | 3.57 | 0.0 | 46.91 | 0 | 0 | 0 | 0 | 0 | 0 | -1.01 | -10.99 | -260.71 | -1.01 | -10.99 | -260.71 | -0.59 | 3.28 | -63.89 | -1.6 | -5.26 | -150.0 | 0.17 | -7.45 | -45.15 |
| 21Q3 (8) | 2.04 | -3.77 | 4.62 | 0.53 | -19.7 | 1225.0 | 0.21 | 320.0 | 0 | 0 | 0 | 0 | 1.25 | 28.87 | -3.85 | -0.2 | -25.0 | 9.09 | 1.23 | 13.89 | -26.35 | 26.51 | 15.12 | 0.16 | 0.75 | 66.67 | 188.46 | 0 | 0 | 0 | 0.09 | 80.0 | 0 | 0.05 | 66.67 | 400.0 | 3.57 | 17.82 | 46.91 | 0 | 0 | 0 | 0 | 0 | 0 | -0.91 | -35.82 | -9000.0 | -0.91 | -35.82 | -9000.0 | -0.61 | -22.0 | -56.41 | -1.52 | -29.91 | -280.0 | 0.18 | -31.41 | -32.69 |
| 21Q2 (7) | 2.12 | -15.87 | 8.72 | 0.66 | 78.38 | 164.0 | 0.05 | 0 | 0 | 0 | 0 | 0 | 0.97 | -11.82 | -22.4 | -0.16 | 30.43 | -166.67 | 1.08 | 13.68 | -31.21 | 23.03 | 20.47 | 0 | 0.45 | -6.25 | 15.38 | 0 | 0 | 0 | 0.05 | 0 | 0 | 0.03 | 0.0 | 200.0 | 3.03 | 0.0 | 24.69 | 0 | 0 | 0 | 0 | 0 | 0 | -0.67 | -28.85 | -419.05 | -0.67 | -28.85 | -419.05 | -0.5 | -19.05 | -28.21 | -1.17 | -24.47 | -550.0 | 0.26 | 5.04 | 31.55 |
| 21Q1 (6) | 2.52 | 69.13 | 20.57 | 0.37 | -58.89 | -7.5 | 0 | 0 | 0 | 0 | 0 | 0 | 1.1 | -16.67 | -32.52 | -0.23 | 14.81 | -185.19 | 0.95 | -41.72 | -39.49 | 19.11 | -35.5 | 0 | 0.48 | 140.0 | -5.88 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | -25.0 | 200.0 | 3.03 | 24.69 | 24.69 | 0 | 0 | 0 | 0 | 0 | 0 | -0.52 | -85.71 | -92.59 | -0.52 | -85.71 | -92.59 | -0.42 | -16.67 | -10.53 | -0.94 | -46.88 | -44.62 | 0.25 | -17.74 | 18.33 |
| 20Q4 (5) | 1.49 | -23.59 | 4.93 | 0.9 | 2150.0 | 136.84 | 0 | 0 | 0 | 0 | 0 | 0 | 1.32 | 1.54 | -38.03 | -0.27 | -22.73 | -35.0 | 1.63 | -2.4 | 77.17 | 29.64 | 11.98 | 0 | 0.2 | -23.08 | -61.54 | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 | 300.0 | 300.0 | 2.43 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.28 | -2700.0 | 48.15 | -0.28 | -2700.0 | 48.15 | -0.36 | 7.69 | -2.86 | -0.64 | -60.0 | 28.09 | 0.30 | 13.58 | 84.34 |
| 20Q3 (4) | 1.95 | 0.0 | 0.0 | 0.04 | -84.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 1.3 | 4.0 | 0.0 | -0.22 | -266.67 | 0.0 | 1.67 | 6.37 | 0.0 | 26.47 | 0 | 0.0 | 0.26 | -33.33 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0.01 | 0.0 | 0.0 | 2.43 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | -0.01 | -104.76 | 0.0 | -0.01 | -104.76 | 0.0 | -0.39 | 0.0 | 0.0 | -0.4 | -122.22 | 0.0 | 0.27 | 34.04 | 0.0 |
