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) | 3.69 | 18.65 | 2.9 | -25.64 | 0.21 | -40.0 | 0 | 0 | 8.29 | 7.94 | 0.86 | 79.17 | 2.34 | 4.46 | 28.23 | -3.22 | 2.35 | -23.2 | 0 | 0 | 1.53 | -13.56 | 0 | 0 | 5.3 | 2.51 | 0.03 | 50.0 | 0.25 | 56.25 | 0.02 | -84.62 | 0.31 | -3.12 | -0.66 | 0 | -0.64 | 0 | 0.01 | 45.23 |
| 2022 (9) | 3.11 | 199.04 | 3.9 | 5.41 | 0.35 | -2.78 | 0 | 0 | 7.68 | 4.07 | 0.48 | 108.7 | 2.24 | -23.81 | 29.17 | -26.79 | 3.06 | 43.66 | 0 | 0 | 1.77 | -16.9 | 0 | 0 | 5.17 | -1.9 | 0.02 | 0 | 0.16 | 0 | 0.13 | -40.91 | 0.32 | 45.45 | -0.25 | 0 | -0.12 | 0 | 0.00 | -27.4 |
| 2021 (8) | 1.04 | -59.69 | 3.7 | 19.35 | 0.36 | 0.0 | 0 | 0 | 7.38 | 51.85 | 0.23 | 0 | 2.94 | 89.68 | 39.84 | 24.91 | 2.13 | 22.41 | 0 | 0 | 2.13 | -14.11 | 0.01 | 0.0 | 5.27 | 0.0 | 0 | 0 | 0 | 0 | 0.22 | 0 | 0.22 | 0 | -0.16 | 0 | 0.06 | 0 | 0.01 | -15.28 |
| 2020 (7) | 2.58 | -42.02 | 3.1 | 0.0 | 0.36 | 157.14 | 0 | 0 | 4.86 | -14.13 | -0.6 | 0 | 1.55 | -27.57 | 31.89 | -15.65 | 1.74 | 19.18 | 0 | 0 | 2.48 | -16.22 | 0.01 | 0.0 | 5.27 | 0.0 | 0 | 0 | 0.03 | 0 | -0.6 | 0 | -0.57 | 0 | 0.31 | 0 | -0.29 | 0 | 0.01 | -13.04 |
| 2019 (6) | 4.45 | 72.48 | 3.1 | -6.06 | 0.14 | 0.0 | 0 | 0 | 5.66 | 8.85 | 0.05 | -80.77 | 2.14 | 9.74 | 37.81 | 0.82 | 1.46 | -3.31 | 0 | 0 | 2.96 | -4.82 | 0.01 | 0.0 | 5.27 | 0.0 | 0 | 0 | 0 | 0 | 0.03 | 0 | 0.03 | 0 | -0.26 | 0 | -0.23 | 0 | 0.01 | -20.7 |
| 2018 (5) | 2.58 | -35.18 | 3.3 | 37.5 | 0.14 | 0.0 | 0 | 0 | 5.2 | 9.24 | 0.26 | 0 | 1.95 | 26.62 | 37.50 | 15.91 | 1.51 | 19.84 | 0 | 0 | 3.11 | -4.31 | 0.01 | 0.0 | 5.27 | 0.76 | 0.17 | 0.0 | 0.03 | -82.35 | -0.4 | 0 | -0.19 | 0 | -0.05 | 0 | -0.45 | 0 | 0.01 | -12.61 |
| 2017 (4) | 3.98 | -15.5 | 2.4 | -31.43 | 0.14 | 55.56 | 0 | 0 | 4.76 | -0.21 | -0.34 | 0 | 1.54 | -17.2 | 32.35 | -17.03 | 1.26 | 13.51 | 0 | 0 | 3.25 | 0 | 0.01 | 0.0 | 5.23 | 0.38 | 0.17 | 0.0 | 0.17 | 183.33 | 0.35 | -60.67 | 0.7 | -36.94 | -0.03 | 0 | 0.32 | -55.56 | 0.01 | -9.98 |
| 2016 (3) | 4.71 | -15.14 | 3.5 | 37.25 | 0.09 | 0 | 0 | 0 | 4.77 | 5.3 | 0.08 | -71.43 | 1.86 | 17.72 | 38.99 | 11.8 | 1.11 | -0.89 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | 5.21 | 0.97 | 0.17 | 21.43 | 0.06 | 0 | 0.89 | -21.93 | 1.11 | -13.28 | -0.17 | 0 | 0.72 | -33.33 | 0.01 | -13.17 |
| 2015 (2) | 5.55 | 71.3 | 2.55 | 96.15 | 0 | 0 | 0 | 0 | 4.53 | 9.16 | 0.28 | -6.67 | 1.58 | -2.47 | 34.88 | -10.65 | 1.12 | 4.67 | 0.02 | 0.0 | 0.38 | -51.28 | 0.01 | 0.0 | 5.16 | 10.02 | 0.14 | 27.27 | 0 | 0 | 1.14 | 28.09 | 1.28 | 28.0 | -0.06 | 0 | 1.08 | 21.35 | 0.01 | -35.18 |
| 2014 (1) | 3.24 | 157.14 | 1.3 | 271.43 | 0 | 0 | 0 | 0 | 4.15 | -8.19 | 0.3 | -62.03 | 1.62 | 48.62 | 39.04 | 61.87 | 1.07 | -6.96 | 0.02 | 0.0 | 0.78 | 0 | 0.01 | 0.0 | 4.69 | 22.45 | 0.11 | 266.67 | 0 | 0 | 0.89 | 2.3 | 1.0 | 11.11 | 0 | 0 | 0.89 | 2.3 | 0.02 | -38.0 |
| 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) | 3.56 | -1.93 | 7.55 | 2.75 | -6.78 | -8.94 | 0.21 | 0.0 | -25.0 | 0 | 0 | 0 | 2.1 | 0.96 | -11.02 | 0.18 | -37.93 | -41.94 | 2.4 | -7.69 | -2.04 | 27.12 | -4.98 | -8.68 | 2.15 | 0.0 | -12.6 | 0 | 0 | 0 | 1.37 | -3.52 | -13.29 | 0 | -100.0 | 0 | 5.3 | 0.0 | -1.3 | 0.03 | 0.0 | 0.0 | 0.25 | 0.0 | 0.0 | 0.67 | 36.73 | 1440.0 | 0.96 | 23.08 | 300.0 | -0.44 | 13.73 | 6.38 | 0.23 | 1250.0 | 144.23 | 0.00 | -2.86 | -27.69 |
| 24Q2 (19) | 3.63 | -5.96 | 7.08 | 2.95 | -9.23 | -13.74 | 0.21 | 0.0 | -34.38 | 0 | 0 | 0 | 2.08 | -5.45 | 10.05 | 0.29 | 61.11 | 141.67 | 2.6 | 1.96 | 48.57 | 28.54 | -0.17 | 33.08 | 2.15 | -3.15 | -10.42 | 0 | 0 | 0 | 1.42 | -4.05 | -12.88 | 0.01 | 0.0 | 0 | 5.3 | 0.0 | -3.46 | 0.03 | 0.0 | 0.0 | 0.25 | 0.0 | 0.0 | 0.49 | 145.0 | 800.0 | 0.78 | 59.18 | 254.55 | -0.51 | 23.88 | -18.6 | -0.02 | 95.74 | 96.0 | 0.00 | -0.94 | -28.1 |
| 24Q1 (18) | 3.86 | 4.61 | 9.35 | 3.25 | 12.07 | -19.15 | 0.21 | 0.0 | -40.0 | 0 | 0 | 0 | 2.2 | -10.93 | 40.13 | 0.18 | -48.57 | 125.0 | 2.55 | 8.97 | 47.4 | 28.59 | 1.28 | 28.23 | 2.22 | -5.53 | -22.38 | 0 | 0 | 0 | 1.48 | -3.27 | -11.9 | 0.01 | 0 | 0.0 | 5.3 | 0.0 | 1.15 | 0.03 | 0.0 | 50.0 | 0.25 | 0.0 | 56.25 | 0.2 | 900.0 | 350.0 | 0.49 | 58.06 | 390.0 | -0.67 | -1.52 | -42.55 | -0.47 | 26.56 | 14.55 | 0.00 | -21.62 | -40.78 |
| 23Q4 (17) | 3.69 | 11.48 | 18.65 | 2.9 | -3.97 | -25.64 | 0.21 | -25.0 | -40.0 | 0 | 0 | 0 | 2.47 | 4.66 | 1.65 | 0.35 | 12.9 | 105.88 | 2.34 | -4.49 | 4.46 | 28.23 | -4.95 | -3.22 | 2.35 | -4.47 | -23.2 | 0 | 0 | 0 | 1.53 | -3.16 | -13.56 | 0 | 0 | 0 | 5.3 | -1.3 | 2.51 | 0.03 | 0.0 | 50.0 | 0.25 | 0.0 | 56.25 | 0.02 | 140.0 | -84.62 | 0.31 | 29.17 | -3.12 | -0.66 | -40.43 | -164.0 | -0.64 | -23.08 | -433.33 | 0.01 | -4.13 | 45.23 |
| 23Q3 (16) | 3.31 | -2.36 | 11.45 | 3.02 | -11.7 | -20.53 | 0.28 | -12.5 | -22.22 | 0 | 0 | 0 | 2.36 | 24.87 | 3.96 | 0.31 | 158.33 | 6.9 | 2.45 | 40.0 | 2.08 | 29.70 | 38.47 | -10.04 | 2.46 | 2.5 | -26.57 | 0 | 0 | 0 | 1.58 | -3.07 | -15.05 | 0 | 0 | 0 | 5.37 | -2.19 | 3.87 | 0.03 | 0.0 | 50.0 | 0.25 | 0.0 | 56.25 | -0.05 | 28.57 | -66.67 | 0.24 | 9.09 | 60.0 | -0.47 | -9.3 | -161.11 | -0.52 | -4.0 | -147.62 | 0.01 | -3.42 | 49.58 |
| 23Q2 (15) | 3.39 | -3.97 | 25.56 | 3.42 | -14.93 | -12.31 | 0.32 | -8.57 | -11.11 | 0 | 0 | 0 | 1.89 | 20.38 | 26.85 | 0.12 | 50.0 | 1100.0 | 1.75 | 1.16 | -24.89 | 21.45 | -3.8 | -35.66 | 2.4 | -16.08 | -21.57 | 0 | 0 | 0 | 1.63 | -2.98 | -16.41 | 0 | -100.0 | 0 | 5.49 | 4.77 | 4.17 | 0.03 | 50.0 | 50.0 | 0.25 | 56.25 | 56.25 | -0.07 | 12.5 | -333.33 | 0.22 | 120.0 | 0.0 | -0.43 | 8.51 | -79.17 | -0.5 | 9.09 | -138.1 | 0.01 | -18.41 | 47.44 |
| 23Q1 (14) | 3.53 | 13.5 | 364.47 | 4.02 | 3.08 | 3.08 | 0.35 | 0.0 | -2.78 | 0 | 0 | 0 | 1.57 | -35.39 | 5.37 | 0.08 | -52.94 | 300.0 | 1.73 | -22.77 | -37.32 | 22.29 | -23.56 | -42.17 | 2.86 | -6.54 | 11.28 | 0 | 0 | 0 | 1.68 | -5.08 | -17.65 | 0.01 | 0 | 0.0 | 5.24 | 1.35 | -0.57 | 0.02 | 0.0 | 0 | 0.16 | 0.0 | 0 | -0.08 | -161.54 | -138.1 | 0.1 | -68.75 | -52.38 | -0.47 | -88.0 | -88.0 | -0.55 | -358.33 | -1275.0 | 0.01 | 92.24 | 35.14 |
| 22Q4 (13) | 3.11 | 4.71 | 199.04 | 3.9 | 2.63 | 5.41 | 0.35 | -2.78 | -2.78 | 0 | 0 | 0 | 2.43 | 7.05 | 20.3 | 0.17 | -41.38 | 240.0 | 2.24 | -6.67 | -23.81 | 29.17 | -11.65 | -26.79 | 3.06 | -8.66 | 43.66 | 0 | 0 | 0 | 1.77 | -4.84 | -16.9 | 0 | 0 | -100.0 | 5.17 | 0.0 | -1.9 | 0.02 | 0.0 | 0 | 0.16 | 0.0 | 0 | 0.13 | 533.33 | -40.91 | 0.32 | 113.33 | 45.45 | -0.25 | -38.89 | -56.25 | -0.12 | 42.86 | -300.0 | 0.00 | -1.25 | -27.4 |
| 22Q3 (12) | 2.97 | 10.0 | 104.83 | 3.8 | -2.56 | 2.7 | 0.36 | 0.0 | 0.0 | 0 | 0 | 0 | 2.27 | 52.35 | 14.07 | 0.29 | 2800.0 | 163.64 | 2.4 | 3.0 | -13.36 | 33.01 | -0.96 | -19.2 | 3.35 | 9.48 | 79.14 | 0 | 0 | 0 | 1.86 | -4.62 | -16.22 | 0 | 0 | -100.0 | 5.17 | -1.9 | -1.9 | 0.02 | 0.0 | 0 | 0.16 | 0.0 | 0 | -0.03 | -200.0 | -118.75 | 0.15 | -31.82 | -6.25 | -0.18 | 25.0 | -162.07 | -0.21 | 0.0 | -146.67 | 0.00 | -4.8 | -48.03 |
| 22Q2 (11) | 2.7 | 255.26 | 49.17 | 3.9 | 0.0 | 25.81 | 0.36 | 0.0 | 0.0 | 0 | 0 | 0 | 1.49 | 0.0 | -10.24 | 0.01 | -50.0 | -75.0 | 2.33 | -15.58 | -10.04 | 33.33 | -13.53 | -25.1 | 3.06 | 19.07 | 62.77 | 0 | 0 | 0 | 1.95 | -4.41 | -15.58 | 0 | -100.0 | -100.0 | 5.27 | 0.0 | 0.0 | 0.02 | 0 | 0 | 0.16 | 0 | 433.33 | 0.03 | -85.71 | 105.56 | 0.22 | 4.76 | 144.0 | -0.24 | 4.0 | -136.36 | -0.21 | -425.0 | -275.0 | 0.00 | -25.22 | -42.37 |
| 22Q1 (10) | 0.76 | -26.92 | -70.54 | 3.9 | 5.41 | 25.81 | 0.36 | 0.0 | 0.0 | 0 | 0 | 0 | 1.49 | -26.24 | -12.87 | 0.02 | -60.0 | 0.0 | 2.76 | -6.12 | 57.71 | 38.55 | -3.24 | 15.64 | 2.57 | 20.66 | 53.89 | 0 | 0 | 0 | 2.04 | -4.23 | -14.64 | 0.01 | 0.0 | 0.0 | 5.27 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.21 | -4.55 | 136.21 | 0.21 | -4.55 | 138.18 | -0.25 | -56.25 | -186.21 | -0.04 | -166.67 | 86.21 | 0.01 | 3.27 | -12.51 |
| 21Q4 (9) | 1.04 | -28.28 | -59.69 | 3.7 | 0.0 | 19.35 | 0.36 | 0.0 | 0.0 | 0 | 0 | 0 | 2.02 | 1.51 | 42.25 | 0.05 | -54.55 | 131.25 | 2.94 | 6.14 | 89.68 | 39.84 | -2.49 | 24.91 | 2.13 | 13.9 | 22.41 | 0 | 0 | 0 | 2.13 | -4.05 | -14.11 | 0.01 | 0.0 | 0.0 | 5.27 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.22 | 37.5 | 136.67 | 0.22 | 37.5 | 138.6 | -0.16 | -155.17 | -151.61 | 0.06 | -86.67 | 120.69 | 0.01 | -29.3 | -15.28 |
| 21Q3 (8) | 1.45 | -19.89 | -41.77 | 3.7 | 19.35 | 19.35 | 0.36 | 0.0 | 0.0 | 0 | 0 | 0 | 1.99 | 19.88 | 93.2 | 0.11 | 175.0 | 145.83 | 2.77 | 6.95 | 109.85 | 40.86 | -8.19 | 58.78 | 1.87 | -0.53 | 2.19 | 0 | 0 | 0 | 2.22 | -3.9 | -13.62 | 0.01 | 0.0 | 0.0 | 5.27 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0.16 | 129.63 | 136.36 | 0.16 | 132.0 | 140.0 | 0.29 | -56.06 | 226.09 | 0.45 | 275.0 | 167.16 | 0.01 | 5.56 | 41.66 |
| 21Q2 (7) | 1.81 | -29.84 | -50.68 | 3.1 | 0.0 | 0.0 | 0.36 | 0.0 | 0.0 | 0 | 0 | 0 | 1.66 | -2.92 | 52.29 | 0.04 | 100.0 | 166.67 | 2.59 | 48.0 | 48.85 | 44.50 | 33.51 | 0 | 1.88 | 12.57 | -5.05 | 0 | 0 | 0 | 2.31 | -3.35 | -13.16 | 0.01 | 0.0 | 0.0 | 5.27 | 0.0 | 0.0 | 0 | 0 | 0 | 0.03 | 0.0 | 0.0 | -0.54 | 6.9 | -170.0 | -0.5 | 9.09 | -194.12 | 0.66 | 127.59 | 288.57 | 0.12 | 141.38 | 121.82 | 0.01 | 13.52 | 36.7 |
| 21Q1 (6) | 2.58 | 0.0 | -40.0 | 3.1 | 0.0 | 0.0 | 0.36 | 0.0 | 9.09 | 0 | 0 | 0 | 1.71 | 20.42 | 29.55 | 0.02 | 112.5 | 114.29 | 1.75 | 12.9 | -18.22 | 33.33 | 4.52 | 0 | 1.67 | -4.02 | -8.74 | 0 | 0 | 0 | 2.39 | -3.63 | -12.77 | 0.01 | 0.0 | 0.0 | 5.27 | 0.0 | 0.0 | 0 | 0 | 0 | 0.03 | 0.0 | 0 | -0.58 | 3.33 | -480.0 | -0.55 | 3.51 | -450.0 | 0.29 | -6.45 | 176.32 | -0.29 | 0.0 | 39.58 | 0.01 | 0.0 | 25.85 |
| 20Q4 (5) | 2.58 | 3.61 | -42.02 | 3.1 | 0.0 | 0.0 | 0.36 | 0.0 | 157.14 | 0 | 0 | 0 | 1.42 | 37.86 | -15.98 | -0.16 | 33.33 | -128.57 | 1.55 | 17.42 | -27.57 | 31.89 | 23.95 | 0 | 1.74 | -4.92 | 19.18 | 0 | 0 | 0 | 2.48 | -3.5 | -16.22 | 0.01 | 0.0 | 0.0 | 5.27 | 0.0 | 0.0 | 0 | 0 | 0 | 0.03 | 0.0 | 0 | -0.6 | -36.36 | -2100.0 | -0.57 | -42.5 | -2000.0 | 0.31 | 234.78 | 219.23 | -0.29 | 56.72 | -26.09 | 0.01 | 18.21 | -13.04 |
| 20Q3 (4) | 2.49 | -32.15 | 0.0 | 3.1 | 0.0 | 0.0 | 0.36 | 0.0 | 0.0 | 0 | 0 | 0.0 | 1.03 | -5.5 | 0.0 | -0.24 | -300.0 | 0.0 | 1.32 | -24.14 | 0.0 | 25.73 | 0 | 0.0 | 1.83 | -7.58 | 0.0 | 0 | 0 | 0.0 | 2.57 | -3.38 | 0.0 | 0.01 | 0.0 | 0.0 | 5.27 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0.03 | 0.0 | 0.0 | -0.44 | -120.0 | 0.0 | -0.4 | -135.29 | 0.0 | -0.23 | 34.29 | 0.0 | -0.67 | -21.82 | 0.0 | 0.01 | 1.87 | 0.0 |
