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) | 22.78 | -8.11 | 2.55 | 0.0 | 0.94 | -53.47 | 0 | 0 | 34.98 | -1.44 | 2.13 | 634.48 | 3.99 | -36.77 | 11.41 | -35.85 | 12.38 | 5.99 | 0 | 0 | 13.32 | 12.79 | 0.14 | -17.65 | 15.84 | 0.0 | 2.59 | 1.97 | 1.37 | -35.68 | 5.58 | 76.58 | 9.54 | 21.68 | -1.42 | 0 | 4.16 | 132.4 | 0.00 | 0 |
| 2022 (9) | 24.79 | 6.39 | 2.55 | -55.42 | 2.02 | 4.66 | 0 | 0 | 35.49 | -6.51 | 0.29 | -49.12 | 6.31 | 2.1 | 17.78 | 9.21 | 11.68 | 20.54 | 1.1 | -0.9 | 11.81 | 20.14 | 0.17 | -10.53 | 15.84 | 0.0 | 2.54 | 2.01 | 2.13 | 4.93 | 3.16 | -9.46 | 7.84 | -2.12 | -1.37 | 0 | 1.79 | 31.62 | 0.00 | 0 |
| 2021 (8) | 23.3 | -4.55 | 5.72 | 52.53 | 1.93 | 93.0 | 0 | 0 | 37.96 | 43.68 | 0.57 | 256.25 | 6.18 | 55.28 | 16.28 | 8.07 | 9.69 | -4.91 | 1.11 | -0.89 | 9.83 | -17.33 | 0.19 | 171.43 | 15.84 | 0.0 | 2.49 | 0.81 | 2.03 | 12.15 | 3.49 | 9.06 | 8.01 | 7.09 | -2.13 | 0 | 1.36 | 16.24 | 0.00 | 0 |
| 2020 (7) | 24.41 | 66.05 | 3.75 | 79.43 | 1.0 | -50.0 | 0 | 0 | 26.42 | -21.3 | 0.16 | -15.79 | 3.98 | -9.55 | 15.06 | 14.93 | 10.19 | -7.62 | 1.12 | -29.11 | 11.89 | 49.0 | 0.07 | -22.22 | 15.84 | 0.0 | 2.47 | 0.41 | 1.81 | 34.07 | 3.2 | -8.31 | 7.48 | 2.47 | -2.03 | 0 | 1.17 | -30.36 | 0.00 | 0 |
| 2019 (6) | 14.7 | -3.73 | 2.09 | 0.0 | 2.0 | 0 | 0 | 0 | 33.57 | -13.97 | 0.19 | -80.0 | 4.4 | -46.92 | 13.11 | -38.31 | 11.03 | 1.1 | 1.58 | -11.73 | 7.98 | 0.13 | 0.09 | 0.0 | 15.84 | 0.0 | 2.46 | 4.24 | 1.35 | 46.74 | 3.49 | -18.65 | 7.3 | -3.57 | -1.81 | 0 | 1.68 | -42.86 | 0.00 | 0 |
| 2018 (5) | 15.27 | 9.94 | 2.09 | -46.13 | 0 | 0 | 0 | 0 | 39.02 | -2.62 | 0.95 | 31.94 | 8.29 | -38.32 | 21.25 | -36.66 | 10.91 | 25.11 | 1.79 | -61.67 | 7.97 | -19.98 | 0.09 | 28.57 | 15.84 | 0.0 | 2.36 | 3.06 | 0.92 | 70.37 | 4.29 | 7.52 | 7.57 | 11.0 | -1.35 | 0 | 2.94 | -4.23 | 0.00 | 0 |
| 2017 (4) | 13.89 | 42.9 | 3.88 | -28.01 | 0 | 0 | 0 | 0 | 40.07 | -4.32 | 0.72 | -57.4 | 13.44 | 16.16 | 33.54 | 21.41 | 8.72 | -24.89 | 4.67 | 7.85 | 9.96 | 79.46 | 0.07 | -22.22 | 15.84 | -1.25 | 2.29 | 8.02 | 0.54 | 134.78 | 3.99 | -16.7 | 6.82 | -4.35 | -0.92 | 0 | 3.07 | -24.57 | 0.00 | 0 |
| 2016 (3) | 9.72 | -13.83 | 5.39 | 11.36 | 0 | 0 | 0 | 0 | 41.88 | 21.43 | 1.69 | 89.89 | 11.57 | 21.28 | 27.63 | -0.12 | 11.61 | -2.44 | 4.33 | 0.7 | 5.55 | 19.1 | 0.09 | 12.5 | 16.04 | 0.0 | 2.12 | 4.43 | 0.23 | 0.0 | 4.79 | 17.69 | 7.13 | 12.64 | -0.72 | 0 | 4.07 | -15.73 | -0.00 | 0 |
| 2015 (2) | 11.28 | 40.47 | 4.84 | -12.0 | 0 | 0 | 0 | 0 | 34.49 | -13.97 | 0.89 | -52.41 | 9.54 | -19.43 | 27.66 | -6.34 | 11.9 | 35.84 | 4.3 | 125.13 | 4.66 | 77.19 | 0.08 | -33.33 | 16.04 | -0.06 | 2.03 | 9.73 | 0.23 | 0.0 | 4.07 | -7.5 | 6.33 | -2.16 | 0.76 | -16.48 | 4.83 | -9.04 | -0.00 | 0 |
| 2014 (1) | 8.03 | -10.58 | 5.5 | 87.07 | 0 | 0 | 0 | 0 | 40.09 | -1.96 | 1.87 | -4.59 | 11.84 | 14.07 | 29.53 | 16.34 | 8.76 | -2.12 | 1.91 | 6.11 | 2.63 | -24.64 | 0.12 | -25.0 | 16.05 | 11.85 | 1.85 | 12.12 | 0.23 | 0.0 | 4.4 | 51.2 | 6.47 | 35.36 | 0.91 | 54.24 | 5.31 | 51.71 | 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) | 23.62 | -8.49 | 4.79 | 3.0 | 20.0 | 18.58 | 2.18 | -12.45 | 120.2 | 0 | 0 | 0 | 9.98 | 9.31 | 36.53 | 0.53 | 278.57 | -22.06 | 3.59 | 13.25 | -17.09 | 9.94 | 4.88 | -19.78 | 13.11 | 3.15 | 6.07 | 0 | 0 | 0 | 11.72 | 0.6 | -11.55 | 0.2 | 25.0 | 25.0 | 15.84 | 0.0 | 0.0 | 2.8 | 0.0 | 8.11 | 1.42 | 0.0 | 3.65 | 5.36 | 10.97 | -10.07 | 9.58 | 5.86 | -3.43 | -1.05 | 9.48 | 17.32 | 4.31 | 17.44 | -8.1 | 0.00 | 0 | 0 |
| 24Q2 (19) | 25.81 | 21.75 | 10.49 | 2.5 | 0.0 | -0.4 | 2.49 | 2.05 | 164.89 | 0 | 0 | 0 | 9.13 | 14.7 | -6.65 | 0.14 | -88.52 | -89.47 | 3.17 | -23.98 | -40.86 | 9.48 | -22.5 | -29.52 | 12.71 | -1.63 | 14.81 | 0 | 0 | 0 | 11.65 | -1.94 | -13.64 | 0.16 | 14.29 | 0.0 | 15.84 | 0.0 | 0.0 | 2.8 | 8.11 | 8.11 | 1.42 | 3.65 | 3.65 | 4.83 | -2.42 | -8.52 | 9.05 | 1.57 | -2.06 | -1.16 | 3.33 | 22.67 | 3.67 | -2.13 | -2.91 | 0.00 | 0 | 0 |
| 24Q1 (18) | 21.2 | -6.94 | -14.52 | 2.5 | -1.96 | -0.4 | 2.44 | 159.57 | 20.79 | 0 | 0 | 0 | 7.96 | -12.04 | -9.85 | 1.22 | 438.89 | 154.17 | 4.17 | 4.51 | -30.03 | 12.23 | 7.18 | -24.99 | 12.92 | 4.36 | 8.21 | 0 | 0 | -100.0 | 11.88 | -10.81 | -11.74 | 0.14 | 0.0 | -22.22 | 15.84 | 0.0 | 0.0 | 2.59 | 0.0 | 1.97 | 1.37 | 0.0 | -35.68 | 4.95 | -11.29 | 52.78 | 8.91 | -6.6 | 12.64 | -1.2 | 15.49 | 9.77 | 3.75 | -9.86 | 96.34 | 0.00 | 0 | 0 |
| 23Q4 (17) | 22.78 | 1.06 | -8.11 | 2.55 | 0.79 | 0.0 | 0.94 | -5.05 | -53.47 | 0 | 0 | 0 | 9.05 | 23.8 | 0.22 | -0.36 | -152.94 | 29.41 | 3.99 | -7.85 | -36.77 | 11.41 | -7.9 | -35.83 | 12.38 | 0.16 | 5.99 | 0 | 0 | -100.0 | 13.32 | 0.53 | 12.79 | 0.14 | -12.5 | -17.65 | 15.84 | 0.0 | 0.0 | 2.59 | 0.0 | 1.97 | 1.37 | 0.0 | -35.68 | 5.58 | -6.38 | 76.58 | 9.54 | -3.83 | 21.68 | -1.42 | -11.81 | -3.65 | 4.16 | -11.3 | 132.4 | 0.00 | 0 | 0 |
| 23Q3 (16) | 22.54 | -3.51 | -3.43 | 2.53 | 0.8 | -28.12 | 0.99 | 5.32 | -48.44 | 0 | 0 | 0 | 7.31 | -25.26 | -40.18 | 0.68 | -48.87 | -4.23 | 4.33 | -19.22 | -35.85 | 12.39 | -7.87 | -32.13 | 12.36 | 11.65 | 15.41 | 0 | 0 | -100.0 | 13.25 | -1.78 | 7.64 | 0.16 | 0.0 | -15.79 | 15.84 | 0.0 | 0.0 | 2.59 | 0.0 | 1.97 | 1.37 | 0.0 | -35.68 | 5.96 | 12.88 | 70.29 | 9.92 | 7.36 | 21.27 | -1.27 | 15.33 | -16.51 | 4.69 | 24.07 | 94.61 | 0.00 | 0 | 0 |
| 23Q2 (15) | 23.36 | -5.81 | 2.19 | 2.51 | 0.0 | -35.31 | 0.94 | -53.47 | -34.72 | 0 | 0 | 0 | 9.78 | 10.76 | 50.93 | 1.33 | 177.08 | 654.17 | 5.36 | -10.07 | 4.69 | 13.45 | -17.51 | -7.68 | 11.07 | -7.29 | -10.51 | 0 | -100.0 | -100.0 | 13.49 | 0.22 | 5.23 | 0.16 | -11.11 | -11.11 | 15.84 | 0.0 | 0.0 | 2.59 | 1.97 | 1.97 | 1.37 | -35.68 | -35.68 | 5.28 | 62.96 | 88.57 | 9.24 | 16.81 | 23.69 | -1.5 | -12.78 | -8.7 | 3.78 | 97.91 | 166.2 | 0.00 | 0 | 0 |
| 23Q1 (14) | 24.8 | 0.04 | 13.09 | 2.51 | -1.57 | -33.24 | 2.02 | 0.0 | 114.89 | 0 | 0 | 0 | 8.83 | -2.21 | 13.79 | 0.48 | 194.12 | 45.45 | 5.96 | -5.55 | -14.49 | 16.30 | -8.31 | -10.7 | 11.94 | 2.23 | 11.69 | 1.09 | -0.91 | -0.91 | 13.46 | 13.97 | 1.05 | 0.18 | 5.88 | -10.0 | 15.84 | 0.0 | 0.0 | 2.54 | 0.0 | 2.01 | 2.13 | 0.0 | 4.93 | 3.24 | 2.53 | -5.81 | 7.91 | 0.89 | -0.63 | -1.33 | 2.92 | 23.56 | 1.91 | 6.7 | 12.35 | 0.00 | 0 | 0 |
| 22Q4 (13) | 24.79 | 6.21 | 6.39 | 2.55 | -27.56 | -55.42 | 2.02 | 5.21 | 4.66 | 0 | 0 | 0 | 9.03 | -26.1 | -14.16 | -0.51 | -171.83 | -304.0 | 6.31 | -6.52 | 2.1 | 17.78 | -2.59 | 9.18 | 11.68 | 9.06 | 20.54 | 1.1 | 0.0 | -0.9 | 11.81 | -4.06 | 20.14 | 0.17 | -10.53 | -10.53 | 15.84 | 0.0 | 0.0 | 2.54 | 0.0 | 2.01 | 2.13 | 0.0 | 4.93 | 3.16 | -9.71 | -9.46 | 7.84 | -4.16 | -2.12 | -1.37 | -25.69 | 35.68 | 1.79 | -25.73 | 31.62 | 0.00 | 0 | 0 |
| 22Q3 (12) | 23.34 | 2.1 | 5.71 | 3.52 | -9.28 | -28.02 | 1.92 | 33.33 | -23.2 | 0 | 0 | 0 | 12.22 | 88.58 | 17.61 | 0.71 | 395.83 | 255.0 | 6.75 | 31.84 | 24.08 | 18.25 | 25.31 | 14.48 | 10.71 | -13.42 | -2.46 | 1.1 | 0.0 | -0.9 | 12.31 | -3.98 | 79.45 | 0.19 | 5.56 | 0.0 | 15.84 | 0.0 | 0.0 | 2.54 | 0.0 | 2.01 | 2.13 | 0.0 | 4.93 | 3.5 | 25.0 | 6.71 | 8.18 | 9.5 | 5.01 | -1.09 | 21.01 | 51.12 | 2.41 | 69.72 | 129.52 | 0.00 | 0 | 0 |
| 22Q2 (11) | 22.86 | 4.24 | 12.33 | 3.88 | 3.19 | -29.71 | 1.44 | 53.19 | -68.0 | 0 | 0 | 0 | 6.48 | -16.49 | -31.86 | -0.24 | -172.73 | -188.89 | 5.12 | -26.54 | -9.38 | 14.57 | -20.21 | -20.54 | 12.37 | 15.72 | 12.66 | 1.1 | 0.0 | -0.9 | 12.82 | -3.75 | 133.52 | 0.18 | -10.0 | 157.14 | 15.84 | 0.0 | 0.0 | 2.54 | 2.01 | 2.83 | 2.13 | 4.93 | 17.68 | 2.8 | -18.6 | -15.41 | 7.47 | -6.16 | -1.71 | -1.38 | 20.69 | 35.21 | 1.42 | -16.47 | 20.34 | 0.00 | 0 | 0 |
| 22Q1 (10) | 21.93 | -5.88 | 1.15 | 3.76 | -34.27 | -26.99 | 0.94 | -51.3 | -84.15 | 0 | 0 | 0 | 7.76 | -26.24 | 3.05 | 0.33 | 32.0 | 320.0 | 6.97 | 12.78 | 64.78 | 18.26 | 12.1 | 25.55 | 10.69 | 10.32 | 4.29 | 1.1 | -0.9 | -1.79 | 13.32 | 35.5 | 142.62 | 0.2 | 5.26 | 122.22 | 15.84 | 0.0 | 0.0 | 2.49 | 0.0 | 0.81 | 2.03 | 0.0 | 12.15 | 3.44 | -1.43 | 12.79 | 7.96 | -0.62 | 8.59 | -1.74 | 18.31 | 13.86 | 1.7 | 25.0 | 65.05 | 0.00 | 0 | 0 |
| 21Q4 (9) | 23.3 | 5.53 | -4.55 | 5.72 | 16.97 | 52.53 | 1.93 | -22.8 | 93.0 | 0 | 0 | 0 | 10.52 | 1.25 | 57.25 | 0.25 | 25.0 | 13.64 | 6.18 | 13.6 | 55.28 | 16.28 | 2.14 | 8.1 | 9.69 | -11.75 | -4.91 | 1.11 | 0.0 | -0.89 | 9.83 | 43.29 | -17.33 | 0.19 | 0.0 | 171.43 | 15.84 | 0.0 | 0.0 | 2.49 | 0.0 | 0.81 | 2.03 | 0.0 | 12.15 | 3.49 | 6.4 | 9.06 | 8.01 | 2.82 | 7.09 | -2.13 | 4.48 | -4.93 | 1.36 | 29.52 | 16.24 | 0.00 | 0 | 0 |
| 21Q3 (8) | 22.08 | 8.5 | 18.26 | 4.89 | -11.41 | 24.74 | 2.5 | -44.44 | 150.0 | 0 | 0 | 0 | 10.39 | 9.25 | 46.54 | 0.2 | -25.93 | 600.0 | 5.44 | -3.72 | 62.39 | 15.94 | -13.03 | 42.07 | 10.98 | 0.0 | 10.35 | 1.11 | 0.0 | -41.58 | 6.86 | 24.95 | -34.6 | 0.19 | 171.43 | 171.43 | 15.84 | 0.0 | 0.0 | 2.49 | 0.81 | 0.81 | 2.03 | 12.15 | 12.15 | 3.28 | -0.91 | 10.81 | 7.79 | 2.5 | 7.6 | -2.23 | -4.69 | -4.21 | 1.05 | -11.02 | 28.05 | 0.00 | 0 | 0 |
| 21Q2 (7) | 20.35 | -6.13 | 1.34 | 5.52 | 7.18 | 81.58 | 4.5 | -24.11 | 350.0 | 0 | 0 | 0 | 9.51 | 26.29 | 22.24 | 0.27 | 280.0 | 437.5 | 5.65 | 33.57 | 39.51 | 18.33 | 26.07 | 0 | 10.98 | 7.12 | 4.47 | 1.11 | -0.89 | -41.88 | 5.49 | 0.0 | -47.61 | 0.07 | -22.22 | -30.0 | 15.84 | 0.0 | 0.0 | 2.47 | 0.0 | 0.0 | 1.81 | 0.0 | 0.0 | 3.31 | 8.52 | 10.33 | 7.6 | 3.68 | 4.4 | -2.13 | -5.45 | 3.62 | 1.18 | 14.56 | 49.37 | 0.00 | 0 | 0 |
| 21Q1 (6) | 21.68 | -11.18 | 50.03 | 5.15 | 37.33 | 150.0 | 5.93 | 493.0 | 196.5 | 0 | 0 | 0 | 7.53 | 12.56 | 54.94 | -0.15 | -168.18 | -350.0 | 4.23 | 6.28 | 7.63 | 14.54 | -3.47 | 0 | 10.25 | 0.59 | -12.02 | 1.12 | 0.0 | -40.74 | 5.49 | -53.83 | -52.18 | 0.09 | 28.57 | -25.0 | 15.84 | 0.0 | 0.0 | 2.47 | 0.0 | 0.41 | 1.81 | 0.0 | 34.07 | 3.05 | -4.69 | -14.08 | 7.33 | -2.01 | -0.41 | -2.02 | 0.49 | 3.81 | 1.03 | -11.97 | -28.97 | 0.00 | 0 | 0 |
| 20Q4 (5) | 24.41 | 30.74 | 66.05 | 3.75 | -4.34 | 79.43 | 1.0 | 0.0 | -50.0 | 0 | 0 | 0 | 6.69 | -5.64 | -33.89 | 0.22 | 650.0 | -15.38 | 3.98 | 18.81 | -9.55 | 15.06 | 34.23 | 0 | 10.19 | 2.41 | -7.62 | 1.12 | -41.05 | -29.11 | 11.89 | 13.35 | 49.0 | 0.07 | 0.0 | -22.22 | 15.84 | 0.0 | 0.0 | 2.47 | 0.0 | 0.41 | 1.81 | 0.0 | 34.07 | 3.2 | 8.11 | -8.31 | 7.48 | 3.31 | 2.47 | -2.03 | 5.14 | -12.15 | 1.17 | 42.68 | -30.36 | 0.00 | 0 | 0 |
| 20Q3 (4) | 18.67 | -7.02 | 0.0 | 3.92 | 28.95 | 0.0 | 1.0 | 0.0 | 0.0 | 0 | 0 | 0.0 | 7.09 | -8.87 | 0.0 | -0.04 | 50.0 | 0.0 | 3.35 | -17.28 | 0.0 | 11.22 | 0 | 0.0 | 9.95 | -5.33 | 0.0 | 1.9 | -0.52 | 0.0 | 10.49 | 0.1 | 0.0 | 0.07 | -30.0 | 0.0 | 15.84 | 0.0 | 0.0 | 2.47 | 0.0 | 0.0 | 1.81 | 0.0 | 0.0 | 2.96 | -1.33 | 0.0 | 7.24 | -0.55 | 0.0 | -2.14 | 3.17 | 0.0 | 0.82 | 3.8 | 0.0 | 0.00 | 0 | 0.0 |
