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) | 32.27 | -14.29 | 8.39 | -33.83 | 0.39 | -33.9 | 0 | 0 | 165.53 | -17.51 | 7.34 | -37.59 | 13.2 | -27.31 | 7.97 | -11.89 | 32.26 | -23.88 | 7.11 | 10.92 | 19.85 | 5.81 | 3.93 | 2.34 | 10.34 | 0.0 | 9.73 | 13.8 | 3.25 | -34.61 | 28.65 | 2.58 | 41.63 | 0.43 | -4.02 | 0 | 24.63 | -0.2 | 0.21 | 10.71 |
| 2022 (9) | 37.65 | 106.98 | 12.68 | -34.16 | 0.59 | -96.07 | 0 | 0 | 200.66 | 54.09 | 11.76 | 86.37 | 18.16 | -10.76 | 9.05 | -42.09 | 42.38 | 0.88 | 6.41 | 5.25 | 18.76 | 1016.67 | 3.84 | 6.67 | 10.34 | 0.0 | 8.55 | 7.68 | 4.97 | 13.99 | 27.93 | 28.59 | 41.45 | 21.84 | -3.25 | 0 | 24.68 | 47.34 | 0.19 | 4.74 |
| 2021 (8) | 18.19 | -22.46 | 19.26 | 327.05 | 15.03 | 0 | 0 | 0 | 130.22 | 6.83 | 6.31 | 17.5 | 20.35 | 109.15 | 15.63 | 95.77 | 42.01 | 39.75 | 6.09 | 31.53 | 1.68 | -89.82 | 3.6 | -9.32 | 10.34 | 0.0 | 7.94 | 7.3 | 4.36 | 15.65 | 21.72 | 8.55 | 34.02 | 9.07 | -4.97 | 0 | 16.75 | 7.03 | 0.18 | -2.59 |
| 2020 (7) | 23.46 | 5.06 | 4.51 | 4.88 | 0 | 0 | 0 | 0 | 121.89 | -25.03 | 5.37 | -46.62 | 9.73 | -11.87 | 7.98 | 17.56 | 30.06 | -12.13 | 4.63 | 51.8 | 16.51 | 10.36 | 3.97 | 2.85 | 10.34 | 0.0 | 7.4 | 15.62 | 3.77 | 50.8 | 20.01 | -18.92 | 31.19 | -7.14 | -4.36 | 0 | 15.65 | -25.16 | 0.18 | 70.21 |
| 2019 (6) | 22.33 | 21.49 | 4.3 | -67.57 | 0.53 | 0 | 0 | 0 | 162.59 | 22.43 | 10.06 | 30.82 | 11.04 | -22.47 | 6.79 | -36.68 | 34.21 | -3.93 | 3.05 | 0 | 14.96 | 602.35 | 3.86 | -6.08 | 10.34 | 0.0 | 6.4 | 13.68 | 2.5 | 1.21 | 24.68 | 14.05 | 33.59 | 12.95 | -3.77 | 0 | 20.91 | 9.25 | 0.11 | -2.87 |
| 2018 (5) | 18.38 | 15.02 | 13.26 | 44.44 | 0 | 0 | 0 | 0 | 132.8 | 30.15 | 7.69 | 46.76 | 14.24 | 25.91 | 10.72 | -3.26 | 35.61 | 66.87 | 0 | 0 | 2.13 | 0 | 4.11 | 45.74 | 10.34 | -0.39 | 5.63 | 10.18 | 2.47 | 88.55 | 21.64 | 2.51 | 29.74 | 8.03 | -2.5 | 0 | 19.14 | 2.68 | 0.11 | 189.87 |
| 2017 (4) | 15.98 | -16.38 | 9.18 | 189.59 | 0 | 0 | 0 | 0 | 102.04 | 12.89 | 5.24 | -25.04 | 11.31 | 45.56 | 11.08 | 28.94 | 21.34 | 70.86 | 0 | 0 | 0 | 0 | 2.82 | 3425.0 | 10.38 | 0.0 | 5.11 | 15.87 | 1.31 | 0 | 21.11 | -13.06 | 27.53 | -4.04 | -2.47 | 0 | 18.64 | -18.85 | 0.04 | 1474.04 |
| 2016 (3) | 19.11 | 29.82 | 3.17 | -36.6 | 0.14 | -17.65 | 0 | 0 | 90.39 | -3.51 | 6.99 | -25.64 | 7.77 | 30.15 | 8.60 | 34.89 | 12.49 | -14.74 | 0 | 0 | 1.0 | -9.91 | 0.08 | -11.11 | 10.38 | 12.58 | 4.41 | 27.09 | 0 | 0 | 24.28 | -2.25 | 28.69 | 1.34 | -1.31 | 0 | 22.97 | -7.97 | 0.00 | 91.08 |
| 2015 (2) | 14.72 | -16.36 | 5.0 | -0.2 | 0.17 | 6.25 | 0 | 0 | 93.68 | 10.35 | 9.4 | 4.1 | 5.97 | 4.74 | 6.37 | -5.09 | 14.65 | 18.05 | 0 | 0 | 1.11 | -10.48 | 0.09 | 28.57 | 9.22 | 14.96 | 3.47 | 36.08 | 0 | 0 | 24.84 | 21.88 | 28.31 | 23.46 | 0.12 | -76.0 | 24.96 | 19.54 | 0.00 | -11.19 |
| 2014 (1) | 17.6 | 208.23 | 5.01 | 104.49 | 0.16 | 0.0 | 0 | 0 | 84.89 | 69.17 | 9.03 | 40.0 | 5.7 | 12.87 | 6.71 | -33.28 | 12.41 | 118.1 | 0 | 0 | 1.24 | -26.63 | 0.07 | 0 | 8.02 | 24.34 | 2.55 | 33.51 | 0 | 0 | 20.38 | 33.9 | 22.93 | 33.86 | 0.5 | 0 | 20.88 | 37.91 | 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) | 17.96 | -13.11 | -46.8 | 28.19 | -10.14 | -7.15 | 1.55 | 59.79 | 297.44 | 0 | 0 | 0 | 65.84 | 59.3 | 1.09 | 3.91 | 82.71 | -39.85 | 34.8 | 28.41 | -21.41 | 22.15 | 27.83 | -8.11 | 38.21 | -30.03 | 25.73 | 7.63 | 9.16 | 7.77 | 18.53 | -3.59 | 1.37 | 4.12 | 1.73 | 3.52 | 10.34 | 0.0 | 0.0 | 10.45 | 0.0 | 7.4 | 4.02 | 0.0 | 23.69 | 26.41 | 16.86 | -12.08 | 40.88 | 10.28 | -4.97 | -2.11 | -3.43 | -9.33 | 24.3 | 18.19 | -13.55 | 0.21 | -4.18 | 0.82 |
| 24Q2 (19) | 20.67 | -16.42 | 9.48 | 31.37 | 108.85 | -5.26 | 0.97 | 0.0 | 148.72 | 0 | 0 | 0 | 41.33 | 74.54 | -13.04 | 2.14 | 284.48 | -16.41 | 27.1 | 118.37 | -14.97 | 17.32 | 127.03 | 6.79 | 54.61 | 17.95 | -2.88 | 6.99 | -9.34 | -6.92 | 19.22 | 0.37 | 4.4 | 4.05 | 0.75 | 3.58 | 10.34 | 0.0 | 0.0 | 10.45 | 7.4 | 7.4 | 4.02 | 23.69 | 23.69 | 22.6 | -17.31 | -3.99 | 37.07 | -8.04 | 1.53 | -2.04 | 6.42 | 37.04 | 20.56 | -18.25 | 1.28 | 0.21 | 1.58 | -0.83 |
| 24Q1 (18) | 24.73 | -23.37 | 3.78 | 15.02 | 79.02 | -41.51 | 0.97 | 148.72 | 64.41 | 0 | 0 | 0 | 23.68 | -9.93 | -10.88 | -1.16 | 7.2 | -152.17 | 12.41 | -5.98 | -21.21 | 7.63 | -4.31 | -4.48 | 46.3 | 43.52 | -23.19 | 7.71 | 8.44 | 17.71 | 19.15 | -3.53 | 2.79 | 4.02 | 2.29 | 4.42 | 10.34 | 0.0 | 0.0 | 9.73 | 0.0 | 13.8 | 3.25 | 0.0 | -34.61 | 27.33 | -4.61 | -0.51 | 40.31 | -3.17 | -1.66 | -2.18 | 45.77 | 28.29 | 25.15 | 2.11 | 2.95 | 0.21 | 1.99 | 10.95 |
| 23Q4 (17) | 32.27 | -4.41 | -14.29 | 8.39 | -72.36 | -33.83 | 0.39 | 0.0 | -33.9 | 0 | 0 | 0 | 26.29 | -59.63 | -40.92 | -1.25 | -119.23 | -35.87 | 13.2 | -70.19 | -27.31 | 7.97 | -66.91 | -11.88 | 32.26 | 6.15 | -23.88 | 7.11 | 0.42 | 10.92 | 19.85 | 8.59 | 5.81 | 3.93 | -1.26 | 2.34 | 10.34 | 0.0 | 0.0 | 9.73 | 0.0 | 13.8 | 3.25 | 0.0 | -34.61 | 28.65 | -4.63 | 2.58 | 41.63 | -3.23 | 0.43 | -4.02 | -108.29 | -23.69 | 24.63 | -12.38 | -0.2 | 0.21 | 1.56 | 10.71 |
| 23Q3 (16) | 33.76 | 78.81 | -40.07 | 30.36 | -8.31 | -33.73 | 0.39 | 0.0 | -97.5 | 0 | 0 | 0 | 65.13 | 37.03 | -16.34 | 6.5 | 153.91 | -29.65 | 44.28 | 38.94 | -3.93 | 24.10 | 48.56 | 1.0 | 30.39 | -45.95 | -33.98 | 7.08 | -5.73 | 9.94 | 18.28 | -0.71 | 290.6 | 3.98 | 1.79 | 5.29 | 10.34 | 0.0 | 0.0 | 9.73 | 0.0 | 13.8 | 3.25 | 0.0 | -34.61 | 30.04 | 27.61 | 4.16 | 43.02 | 17.83 | 1.56 | -1.93 | 40.43 | 14.6 | 28.11 | 38.47 | 5.76 | 0.20 | -5.75 | 11.45 |
| 23Q2 (15) | 18.88 | -20.77 | -23.75 | 33.11 | 28.93 | -24.65 | 0.39 | -33.9 | -97.46 | 0 | 0 | 0 | 47.53 | 78.89 | -1.47 | 2.56 | 656.52 | -23.35 | 31.87 | 102.35 | 8.59 | 16.22 | 103.08 | -12.08 | 56.23 | -6.72 | -19.37 | 7.51 | 14.66 | 15.18 | 18.41 | -1.18 | 1234.06 | 3.91 | 1.56 | 7.42 | 10.34 | 0.0 | 0.0 | 9.73 | 13.8 | 13.8 | 3.25 | -34.61 | -34.61 | 23.54 | -14.31 | 20.1 | 36.51 | -10.93 | 10.24 | -3.24 | -6.58 | 8.22 | 20.3 | -16.91 | 26.32 | 0.22 | 13.65 | 13.07 |
| 23Q1 (14) | 23.83 | -36.71 | -8.17 | 25.68 | 102.52 | -3.49 | 0.59 | 0.0 | -96.14 | 0 | 0 | 0 | 26.57 | -40.29 | -11.64 | -0.46 | 50.0 | -560.0 | 15.75 | -13.27 | 6.28 | 7.99 | -11.73 | -21.94 | 60.28 | 42.24 | 0.22 | 6.55 | 2.18 | 1.24 | 18.63 | -0.69 | 1158.78 | 3.85 | 0.26 | 4.62 | 10.34 | 0.0 | 0.0 | 8.55 | 0.0 | 7.68 | 4.97 | 0.0 | 13.99 | 27.47 | -1.65 | 25.89 | 40.99 | -1.11 | 20.13 | -3.04 | 6.46 | 13.14 | 24.43 | -1.01 | 33.35 | 0.19 | 1.76 | 3.42 |
| 22Q4 (13) | 37.65 | -33.16 | 106.98 | 12.68 | -72.32 | -34.16 | 0.59 | -96.21 | -96.07 | 0 | 0 | 0 | 44.5 | -42.84 | 20.3 | -0.92 | -109.96 | -169.17 | 18.16 | -60.6 | -10.76 | 9.05 | -62.07 | -42.08 | 42.38 | -7.93 | 0.88 | 6.41 | -0.47 | 5.25 | 18.76 | 300.85 | 1016.67 | 3.84 | 1.59 | 6.67 | 10.34 | 0.0 | 0.0 | 8.55 | 0.0 | 7.68 | 4.97 | 0.0 | 13.99 | 27.93 | -3.16 | 28.59 | 41.45 | -2.15 | 21.84 | -3.25 | -43.81 | 34.61 | 24.68 | -7.15 | 47.34 | 0.19 | 2.25 | 4.74 |
| 22Q3 (12) | 56.33 | 127.5 | 240.98 | 45.81 | 4.26 | 59.62 | 15.57 | 1.57 | 15470.0 | 0 | 0 | 0 | 77.85 | 61.38 | 77.9 | 9.24 | 176.65 | 223.08 | 46.09 | 57.04 | 78.99 | 23.86 | 29.32 | 2.59 | 46.03 | -34.0 | -1.12 | 6.44 | -1.23 | 17.95 | 4.68 | 239.13 | -71.74 | 3.78 | 3.85 | 2.72 | 10.34 | 0.0 | 0.0 | 8.55 | 0.0 | 7.68 | 4.97 | 0.0 | 13.99 | 28.84 | 47.14 | 41.44 | 42.36 | 27.9 | 29.58 | -2.26 | 35.98 | 55.25 | 26.58 | 65.4 | 73.27 | 0.18 | -4.38 | -0.63 |
| 22Q2 (11) | 24.76 | -4.59 | 63.97 | 43.94 | 65.13 | 20.65 | 15.33 | 0.33 | 15230.0 | 0 | 0 | 0 | 48.24 | 60.43 | 41.92 | 3.34 | 3240.0 | 4.38 | 29.35 | 98.04 | 19.7 | 18.45 | 80.3 | -8.82 | 69.74 | 15.94 | 14.25 | 6.52 | 0.77 | 65.48 | 1.38 | -6.76 | -91.64 | 3.64 | -1.09 | -3.19 | 10.34 | 0.0 | 0.0 | 8.55 | 7.68 | 15.54 | 4.97 | 13.99 | 31.83 | 19.6 | -10.17 | -10.95 | 33.12 | -2.93 | -0.21 | -3.53 | -0.86 | 29.54 | 16.07 | -12.28 | -5.47 | 0.19 | 3.94 | 5.27 |
| 22Q1 (10) | 25.95 | 42.66 | 53.01 | 26.61 | 38.16 | 78.83 | 15.28 | 1.66 | 0 | 0 | 0 | 0 | 30.07 | -18.71 | 94.13 | 0.1 | -92.48 | 109.17 | 14.82 | -27.17 | 44.02 | 10.23 | -34.51 | 18.27 | 60.15 | 43.18 | 23.31 | 6.47 | 6.24 | 38.25 | 1.48 | -11.9 | -91.06 | 3.68 | 2.22 | -3.66 | 10.34 | 0.0 | 0.0 | 7.94 | 0.0 | 7.3 | 4.36 | 0.0 | 15.65 | 21.82 | 0.46 | 16.0 | 34.12 | 0.29 | 13.77 | -3.5 | 29.58 | 20.81 | 18.32 | 9.37 | 27.31 | 0.18 | 3.07 | -1.52 |
| 21Q4 (9) | 18.19 | 10.11 | -22.46 | 19.26 | -32.89 | 327.05 | 15.03 | 14930.0 | 0 | 0 | 0 | 0 | 36.99 | -15.47 | 111.73 | 1.33 | -53.5 | 92.75 | 20.35 | -20.97 | 109.15 | 15.63 | -32.82 | 95.75 | 42.01 | -9.75 | 39.75 | 6.09 | 11.54 | 31.53 | 1.68 | -89.86 | -89.82 | 3.6 | -2.17 | -9.32 | 10.34 | 0.0 | 0.0 | 7.94 | 0.0 | 7.3 | 4.36 | 0.0 | 15.65 | 21.72 | 6.52 | 8.55 | 34.02 | 4.07 | 9.07 | -4.97 | 1.58 | -13.99 | 16.75 | 9.19 | 7.03 | 0.18 | -2.99 | -2.59 |
| 21Q3 (8) | 16.52 | 9.4 | 5.02 | 28.7 | -21.2 | 17.96 | 0.1 | 0.0 | -81.13 | 0 | 0 | 0 | 43.76 | 28.74 | -19.29 | 2.86 | -10.62 | 2.14 | 25.75 | 5.02 | -31.0 | 23.26 | 14.94 | -15.5 | 46.55 | -23.74 | 65.95 | 5.46 | 38.58 | 30.94 | 16.56 | 0.3 | 0.61 | 3.68 | -2.13 | -3.41 | 10.34 | 0.0 | 0.0 | 7.94 | 7.3 | 7.3 | 4.36 | 15.65 | 15.65 | 20.39 | -7.36 | 5.76 | 32.69 | -1.51 | 7.32 | -5.05 | -0.8 | -9.31 | 15.34 | -9.76 | 4.64 | 0.18 | 1.29 | 69.19 |
| 21Q2 (7) | 15.1 | -10.97 | 3.92 | 36.42 | 144.76 | 36.87 | 0.1 | 0 | -81.13 | 0 | 0 | 0 | 33.99 | 119.43 | 7.09 | 3.2 | 393.58 | 32.23 | 24.52 | 138.29 | 5.78 | 20.24 | 133.86 | 0 | 61.04 | 25.13 | 7.56 | 3.94 | -15.81 | 16.91 | 16.51 | -0.3 | 8.33 | 3.76 | -1.57 | -0.53 | 10.34 | 0.0 | 0.0 | 7.4 | 0.0 | 0.0 | 3.77 | 0.0 | 0.0 | 22.01 | 17.01 | 33.39 | 33.19 | 10.67 | 19.91 | -5.01 | -13.35 | -12.08 | 17.0 | 18.14 | 41.31 | 0.18 | -2.77 | 63.2 |
| 21Q1 (6) | 16.96 | -27.71 | -5.78 | 14.88 | 229.93 | -18.42 | 0 | 0 | 0 | 0 | 0 | 0 | 15.49 | -11.33 | -16.09 | -1.09 | -257.97 | -101.85 | 10.29 | 5.76 | -8.45 | 8.65 | 8.4 | 0 | 48.78 | 62.28 | -5.21 | 4.68 | 1.08 | 35.65 | 16.56 | 0.3 | 10.33 | 3.82 | -3.78 | 0.0 | 10.34 | 0.0 | 0.0 | 7.4 | 0.0 | 15.62 | 3.77 | 0.0 | 50.8 | 18.81 | -6.0 | -21.92 | 29.99 | -3.85 | -9.09 | -4.42 | -1.38 | -3.51 | 14.39 | -8.05 | -27.4 | 0.19 | 1.96 | 77.93 |
| 20Q4 (5) | 23.46 | 49.14 | 5.06 | 4.51 | -81.46 | 4.88 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 17.47 | -67.78 | -43.93 | 0.69 | -75.36 | 360.0 | 9.73 | -73.93 | -11.87 | 7.98 | -71.0 | 0 | 30.06 | 7.17 | -12.13 | 4.63 | 11.03 | 51.8 | 16.51 | 0.3 | 10.36 | 3.97 | 4.2 | 2.85 | 10.34 | 0.0 | 0.0 | 7.4 | 0.0 | 15.62 | 3.77 | 0.0 | 50.8 | 20.01 | 3.79 | -18.92 | 31.19 | 2.4 | -7.14 | -4.36 | 5.63 | -15.65 | 15.65 | 6.75 | -25.16 | 0.18 | 68.48 | 70.21 |
| 20Q3 (4) | 15.73 | 8.26 | 0.0 | 24.33 | -8.57 | 0.0 | 0.53 | 0.0 | 0.0 | 0 | 0 | 0.0 | 54.22 | 70.83 | 0.0 | 2.8 | 15.7 | 0.0 | 37.32 | 61.0 | 0.0 | 27.53 | 0 | 0.0 | 28.05 | -50.57 | 0.0 | 4.17 | 23.74 | 0.0 | 16.46 | 8.01 | 0.0 | 3.81 | 0.79 | 0.0 | 10.34 | 0.0 | 0.0 | 7.4 | 0.0 | 0.0 | 3.77 | 0.0 | 0.0 | 19.28 | 16.85 | 0.0 | 30.46 | 10.04 | 0.0 | -4.62 | -3.36 | 0.0 | 14.66 | 21.86 | 0.0 | 0.11 | -2.29 | 0.0 |
