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) | 3.4 | -1.45 | 2.19 | -8.37 | 1.26 | 0.0 | 0 | 0 | 6.96 | -20.27 | -1.32 | 0 | 2.29 | 9.05 | 32.90 | 36.78 | 1.84 | -40.65 | 0 | 0 | 0.61 | -7.58 | 0.02 | -33.33 | 8.68 | 0.0 | 0.44 | 0.0 | 0.56 | 0.0 | -3.06 | 0 | -2.06 | 0 | -0.57 | 0 | -3.63 | 0 | 0.00 | 0 |
| 2022 (9) | 3.45 | 8.83 | 2.39 | -13.41 | 1.26 | -7.35 | 0 | 0 | 8.73 | -27.55 | -1.48 | 0 | 2.1 | -31.6 | 24.05 | -5.58 | 3.1 | -20.51 | 0 | 0 | 0.66 | -7.04 | 0.03 | 50.0 | 8.68 | 0.0 | 0.44 | 0.0 | 0.56 | 0.0 | -1.76 | 0 | -0.76 | 0 | -0.51 | 0 | -2.27 | 0 | 0.00 | 0 |
| 2021 (8) | 3.17 | -9.17 | 2.76 | 17.45 | 1.36 | -14.47 | 0 | 0 | 12.05 | 9.65 | 0.52 | 0 | 3.07 | -9.44 | 25.48 | -17.41 | 3.9 | 72.57 | 0 | 0 | 0.71 | 446.15 | 0.02 | 100.0 | 8.68 | -2.69 | 0.44 | 0.0 | 0.56 | -17.65 | -0.24 | 0 | 0.76 | 7.04 | -0.6 | 0 | -0.84 | 0 | 0.00 | 0 |
| 2020 (7) | 3.49 | -0.29 | 2.35 | 15.2 | 1.59 | 22.31 | 0 | 0 | 10.99 | -15.07 | -0.62 | 0 | 3.39 | 14.92 | 30.85 | 35.31 | 2.26 | -23.39 | 0 | 0 | 0.13 | -88.39 | 0.01 | 0.0 | 8.92 | 0.0 | 0.44 | 0.0 | 0.68 | 51.11 | -0.41 | 0 | 0.71 | -47.01 | -0.56 | 0 | -0.97 | 0 | 0.00 | 0 |
| 2019 (6) | 3.5 | -18.41 | 2.04 | -18.73 | 1.3 | -54.55 | 0 | 0 | 12.94 | -16.73 | -0.2 | 0 | 2.95 | -32.34 | 22.80 | -18.74 | 2.95 | -9.23 | 0 | 0 | 1.12 | -30.0 | 0.01 | -50.0 | 8.92 | 0.0 | 0.44 | 0.0 | 0.45 | 50.0 | 0.45 | -43.75 | 1.34 | -12.42 | -0.68 | 0 | -0.23 | 0 | 0.00 | 0 |
| 2018 (5) | 4.29 | -35.1 | 2.51 | -41.76 | 2.86 | 1.42 | 0 | 0 | 15.54 | -31.69 | -0.11 | 0 | 4.36 | -5.22 | 28.06 | 38.76 | 3.25 | -0.31 | 0 | 0 | 1.6 | 10.34 | 0.02 | -75.0 | 8.92 | 1.94 | 0.44 | 18.92 | 0.3 | -34.78 | 0.8 | -34.96 | 1.53 | -25.73 | -0.45 | 0 | 0.35 | -62.37 | 0.00 | 0 |
| 2017 (4) | 6.61 | 81.1 | 4.31 | -6.91 | 2.82 | 252.5 | 0 | 0 | 22.75 | -1.04 | 0.67 | -55.92 | 4.6 | -52.08 | 20.22 | -51.58 | 3.26 | 13.59 | 0 | 0 | 1.45 | -33.79 | 0.08 | -38.46 | 8.75 | 7.49 | 0.37 | 68.18 | 0.46 | 70.37 | 1.23 | -33.87 | 2.06 | -11.97 | -0.3 | 0 | 0.93 | -43.98 | 0.00 | 0 |
| 2016 (3) | 3.65 | 42.58 | 4.63 | 31.91 | 0.8 | -23.81 | 0 | 0 | 22.99 | 95.66 | 1.52 | 230.43 | 9.6 | 128.03 | 41.76 | 16.54 | 2.87 | -6.21 | 0 | 0 | 2.19 | 995.0 | 0.13 | -31.58 | 8.14 | 1.62 | 0.22 | 29.41 | 0.27 | 0.0 | 1.86 | 135.44 | 2.34 | 90.24 | -0.2 | 0 | 1.66 | 67.68 | 0.00 | 0 |
| 2015 (2) | 2.56 | 137.04 | 3.51 | 87.7 | 1.05 | 10.53 | 0 | 0 | 11.75 | 2.8 | 0.46 | -38.67 | 4.21 | 4.99 | 35.83 | 2.13 | 3.06 | 20.0 | 0 | 0 | 0.2 | -73.33 | 0.19 | 5.56 | 8.01 | 0.88 | 0.17 | 70.0 | 0.27 | 0.0 | 0.79 | -11.24 | 1.23 | -1.6 | 0.2 | -13.04 | 0.99 | -11.61 | 0.00 | 0 |
| 2014 (1) | 1.08 | -33.33 | 1.87 | -19.74 | 0.95 | 1800.0 | 0 | 0 | 11.43 | 12.06 | 0.75 | 5.63 | 4.01 | 26.9 | 35.08 | 13.24 | 2.55 | 22.6 | 0 | 0 | 0.75 | -59.02 | 0.18 | -5.26 | 7.94 | 11.83 | 0.1 | 25.0 | 0.27 | 0.0 | 0.89 | 493.33 | 1.25 | 155.1 | 0.23 | 130.0 | 1.12 | 348.0 | 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) | 3.05 | -11.34 | -16.67 | 1.91 | -4.02 | -12.39 | 1.26 | 0.0 | 0.0 | 0 | 0 | 0 | 2.12 | -0.47 | 26.95 | -0.07 | -187.5 | 41.67 | 2.48 | 1.64 | 27.84 | 30.88 | -4.06 | 11.76 | 2.3 | 9.0 | 16.16 | 0 | 0 | 0 | 0.57 | -1.72 | -8.06 | 0.03 | 50.0 | 50.0 | 8.68 | 0.0 | 0.0 | 0.44 | 0.0 | 0.0 | 0.56 | 0.0 | 0.0 | -2.97 | -2.41 | -4.21 | -1.98 | -4.21 | -7.03 | -0.41 | 12.77 | 18.0 | -3.38 | -0.3 | -0.9 | 0.00 | 0 | 0 |
| 24Q2 (19) | 3.44 | -11.34 | 10.97 | 1.99 | -13.1 | -7.87 | 1.26 | 0.0 | 0.0 | 0 | 0 | 0 | 2.13 | 10.94 | 23.12 | 0.08 | 14.29 | 119.05 | 2.44 | 12.44 | 7.49 | 32.19 | 6.51 | 5.5 | 2.11 | 13.44 | -3.21 | 0 | 0 | 0 | 0.58 | -1.69 | -7.94 | 0.02 | 0.0 | -33.33 | 8.68 | 0.0 | 0.0 | 0.44 | 0.0 | 0.0 | 0.56 | 0.0 | 0.0 | -2.9 | 3.01 | -6.23 | -1.9 | 4.52 | -9.83 | -0.47 | 7.84 | 22.95 | -3.37 | 3.71 | -0.9 | 0.00 | 0 | 0 |
| 24Q1 (18) | 3.88 | 14.12 | 7.78 | 2.29 | 4.57 | -8.4 | 1.26 | 0.0 | 0.0 | 0 | 0 | 0 | 1.92 | 3.23 | 12.28 | 0.07 | 130.43 | 112.5 | 2.17 | -5.24 | 10.15 | 30.22 | -8.01 | 24.11 | 1.86 | 1.09 | -28.46 | 0 | 0 | 0 | 0.59 | -3.28 | -9.23 | 0.02 | 0.0 | -33.33 | 8.68 | 0.0 | 0.0 | 0.44 | 0.0 | 0.0 | 0.56 | 0.0 | 0.0 | -2.99 | 2.29 | -29.44 | -1.99 | 3.4 | -51.91 | -0.51 | 10.53 | -6.25 | -3.5 | 3.58 | -25.45 | 0.00 | 0 | 0 |
| 23Q4 (17) | 3.4 | -7.1 | -1.45 | 2.19 | 0.46 | -8.37 | 1.26 | 0.0 | 0.0 | 0 | 0 | 0 | 1.86 | 11.38 | -2.62 | -0.23 | -91.67 | 69.33 | 2.29 | 18.04 | 9.05 | 32.86 | 18.89 | 36.43 | 1.84 | -7.07 | -40.65 | 0 | 0 | 0 | 0.61 | -1.61 | -7.58 | 0.02 | 0.0 | -33.33 | 8.68 | 0.0 | 0.0 | 0.44 | 0.0 | 0.0 | 0.56 | 0.0 | 0.0 | -3.06 | -7.37 | -73.86 | -2.06 | -11.35 | -171.05 | -0.57 | -14.0 | -11.76 | -3.63 | -8.36 | -59.91 | 0.00 | 0 | 0 |
| 23Q3 (16) | 3.66 | 18.06 | 12.62 | 2.18 | 0.93 | -3.11 | 1.26 | 0.0 | 0.0 | 0 | 0 | 0 | 1.67 | -3.47 | -20.1 | -0.12 | 71.43 | 36.84 | 1.94 | -14.54 | -22.71 | 27.64 | -9.42 | 0.19 | 1.98 | -9.17 | -44.23 | 0 | 0 | 0 | 0.62 | -1.59 | -7.46 | 0.02 | -33.33 | -33.33 | 8.68 | 0.0 | 0.0 | 0.44 | 0.0 | 0.0 | 0.56 | 0.0 | 0.0 | -2.85 | -4.4 | -193.81 | -1.85 | -6.94 | -6266.67 | -0.5 | 18.03 | -13.64 | -3.35 | -0.3 | -137.59 | 0.00 | 0 | 0 |
| 23Q2 (15) | 3.1 | -13.89 | 40.91 | 2.16 | -13.6 | -4.42 | 1.26 | 0.0 | 0.8 | 0 | 0 | 0 | 1.73 | 1.17 | -27.31 | -0.42 | 25.0 | -320.0 | 2.27 | 15.23 | -33.43 | 30.51 | 25.3 | -8.11 | 2.18 | -16.15 | -42.02 | 0 | 0 | 0 | 0.63 | -3.08 | -8.7 | 0.03 | 0.0 | 0.0 | 8.68 | 0.0 | 0.0 | 0.44 | 0.0 | 0.0 | 0.56 | 0.0 | 0.0 | -2.73 | -18.18 | -250.0 | -1.73 | -32.06 | -886.36 | -0.61 | -27.08 | -29.79 | -3.34 | -19.71 | -167.2 | 0.00 | 0 | 0 |
| 23Q1 (14) | 3.6 | 4.35 | 36.88 | 2.5 | 4.6 | -0.79 | 1.26 | 0.0 | -7.35 | 0 | 0 | 0 | 1.71 | -10.47 | -26.92 | -0.56 | 25.33 | -27.27 | 1.97 | -6.19 | -33.67 | 24.35 | 1.11 | -7.52 | 2.6 | -16.13 | -30.11 | 0 | 0 | 0 | 0.65 | -1.52 | -7.14 | 0.03 | 0.0 | 50.0 | 8.68 | 0.0 | 0.0 | 0.44 | 0.0 | 0.0 | 0.56 | 0.0 | 0.0 | -2.31 | -31.25 | -239.71 | -1.31 | -72.37 | -509.38 | -0.48 | 5.88 | -23.08 | -2.79 | -22.91 | -160.75 | 0.00 | 0 | 0 |
| 22Q4 (13) | 3.45 | 6.15 | 8.83 | 2.39 | 6.22 | -13.41 | 1.26 | 0.0 | -7.35 | 0 | 0 | 0 | 1.91 | -8.61 | -16.59 | -0.75 | -294.74 | -120.59 | 2.1 | -16.33 | -31.6 | 24.08 | -12.69 | -5.47 | 3.1 | -12.68 | -20.51 | 0 | 0 | 0 | 0.66 | -1.49 | -7.04 | 0.03 | 0.0 | 50.0 | 8.68 | 0.0 | 0.0 | 0.44 | 0.0 | 0.0 | 0.56 | 0.0 | 0.0 | -1.76 | -81.44 | -633.33 | -0.76 | -2633.33 | -200.0 | -0.51 | -15.91 | 15.0 | -2.27 | -60.99 | -170.24 | 0.00 | 0 | 0 |
| 22Q3 (12) | 3.25 | 47.73 | -9.47 | 2.25 | -0.44 | -23.21 | 1.26 | 0.8 | -14.29 | 0 | 0 | 0 | 2.09 | -12.18 | -35.89 | -0.19 | -90.0 | -159.38 | 2.51 | -26.39 | -29.1 | 27.58 | -16.93 | 1.21 | 3.55 | -5.59 | -7.07 | 0 | 0 | 0 | 0.67 | -2.9 | -8.22 | 0.03 | 0.0 | 200.0 | 8.68 | 0.0 | -2.69 | 0.44 | 0.0 | 0.0 | 0.56 | 0.0 | 0.0 | -0.97 | -24.36 | -270.18 | 0.03 | -86.36 | -98.09 | -0.44 | 6.38 | 33.33 | -1.41 | -12.8 | -1466.67 | 0.00 | 0 | 0 |
| 22Q2 (11) | 2.2 | -16.35 | -32.1 | 2.26 | -10.32 | -29.81 | 1.25 | -8.09 | -17.76 | 0 | 0 | 0 | 2.38 | 1.71 | -29.79 | -0.1 | 77.27 | -140.0 | 3.41 | 14.81 | -14.32 | 33.20 | 26.11 | 5.2 | 3.76 | 1.08 | 15.69 | 0 | 0 | 0 | 0.69 | -1.43 | 0 | 0.03 | 50.0 | 0 | 8.68 | 0.0 | -2.69 | 0.44 | 0.0 | 0.0 | 0.56 | 0.0 | -17.65 | -0.78 | -14.71 | -700.0 | 0.22 | -31.25 | -82.4 | -0.47 | -20.51 | 28.79 | -1.25 | -16.82 | -135.85 | 0.00 | 0 | 0 |
| 22Q1 (10) | 2.63 | -17.03 | -31.15 | 2.52 | -8.7 | -15.44 | 1.36 | 0.0 | -12.26 | 0 | 0 | 0 | 2.34 | 2.18 | -24.76 | -0.44 | -29.41 | -251.72 | 2.97 | -3.26 | -12.65 | 26.33 | 3.35 | -10.48 | 3.72 | -4.62 | 44.19 | 0 | 0 | 0 | 0.7 | -1.41 | 438.46 | 0.02 | 0.0 | 100.0 | 8.68 | 0.0 | -2.69 | 0.44 | 0.0 | 0.0 | 0.56 | 0.0 | -17.65 | -0.68 | -183.33 | -466.67 | 0.32 | -57.89 | -68.0 | -0.39 | 35.0 | 36.07 | -1.07 | -27.38 | -46.58 | 0.00 | 0 | 0 |
| 21Q4 (9) | 3.17 | -11.7 | -9.17 | 2.76 | -5.8 | 17.45 | 1.36 | -7.48 | -14.47 | 0 | 0 | 0 | 2.29 | -29.75 | -29.1 | -0.34 | -206.25 | -54.55 | 3.07 | -13.28 | -9.44 | 25.48 | -6.51 | -17.48 | 3.9 | 2.09 | 72.57 | 0 | 0 | 0 | 0.71 | -2.74 | 446.15 | 0.02 | 100.0 | 100.0 | 8.68 | -2.69 | -2.69 | 0.44 | 0.0 | 0.0 | 0.56 | 0.0 | -17.65 | -0.24 | -142.11 | 41.46 | 0.76 | -51.59 | 7.04 | -0.6 | 9.09 | -7.14 | -0.84 | -833.33 | 13.4 | 0.00 | 0 | 0 |
| 21Q3 (8) | 3.59 | 10.8 | -1.1 | 2.93 | -9.01 | 26.29 | 1.47 | -3.29 | -11.98 | 0 | 0 | 0 | 3.26 | -3.83 | 13.19 | 0.32 | 28.0 | 390.91 | 3.54 | -11.06 | 24.65 | 27.25 | -13.66 | 4.4 | 3.82 | 17.54 | 69.03 | 0 | 0 | 0 | 0.73 | 0 | 160.71 | 0.01 | 0 | 0.0 | 8.92 | 0.0 | 0.0 | 0.44 | 0.0 | 0.0 | 0.56 | -17.65 | -17.65 | 0.57 | 338.46 | 416.67 | 1.57 | 25.6 | 67.02 | -0.66 | 0.0 | 8.33 | -0.09 | 83.02 | 90.0 | 0.00 | 0 | 0 |
| 21Q2 (7) | 3.24 | -15.18 | -13.83 | 3.22 | 8.05 | 34.17 | 1.52 | -1.94 | -13.14 | 0 | 0 | 0 | 3.39 | 9.0 | 44.87 | 0.25 | -13.79 | 266.67 | 3.98 | 17.06 | 66.53 | 31.56 | 7.31 | 0 | 3.25 | 25.97 | 19.05 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0 | -100.0 | -100.0 | 8.92 | 0.0 | 0.0 | 0.44 | 0.0 | 0.0 | 0.68 | 0.0 | 0.0 | 0.13 | 208.33 | 316.67 | 1.25 | 25.0 | 19.05 | -0.66 | -8.2 | 21.43 | -0.53 | 27.4 | 41.11 | 0.00 | 0 | 0 |
| 21Q1 (6) | 3.82 | 9.46 | -0.52 | 2.98 | 26.81 | 25.21 | 1.55 | -2.52 | 1.97 | 0 | 0 | 0 | 3.11 | -3.72 | 22.92 | 0.29 | 231.82 | 307.14 | 3.4 | 0.29 | 23.64 | 29.41 | -4.74 | 0 | 2.58 | 14.16 | -9.15 | 0 | 0 | 0 | 0.13 | 0.0 | -83.33 | 0.01 | 0.0 | 0.0 | 8.92 | 0.0 | 0.0 | 0.44 | 0.0 | 0.0 | 0.68 | 0.0 | 51.11 | -0.12 | 70.73 | -138.71 | 1.0 | 40.85 | -16.67 | -0.61 | -8.93 | 18.67 | -0.73 | 24.74 | -65.91 | 0.00 | 0 | 0 |
| 20Q4 (5) | 3.49 | -3.86 | -0.29 | 2.35 | 1.29 | 15.2 | 1.59 | -4.79 | 22.31 | 0 | 0 | 0 | 3.23 | 12.15 | 3.19 | -0.22 | -100.0 | -100.0 | 3.39 | 19.37 | 14.92 | 30.87 | 18.28 | 0 | 2.26 | 0.0 | -23.39 | 0 | 0 | 0 | 0.13 | -53.57 | -88.39 | 0.01 | 0.0 | 0.0 | 8.92 | 0.0 | 0.0 | 0.44 | 0.0 | 0.0 | 0.68 | 0.0 | 51.11 | -0.41 | -127.78 | -191.11 | 0.71 | -24.47 | -47.01 | -0.56 | 22.22 | 17.65 | -0.97 | -7.78 | -321.74 | 0.00 | 0 | 0 |
| 20Q3 (4) | 3.63 | -3.46 | 0.0 | 2.32 | -3.33 | 0.0 | 1.67 | -4.57 | 0.0 | 0 | 0 | 0.0 | 2.88 | 23.08 | 0.0 | -0.11 | 26.67 | 0.0 | 2.84 | 18.83 | 0.0 | 26.10 | 0 | 0.0 | 2.26 | -17.22 | 0.0 | 0 | 0 | 0.0 | 0.28 | -12.5 | 0.0 | 0.01 | 0.0 | 0.0 | 8.92 | 0.0 | 0.0 | 0.44 | 0.0 | 0.0 | 0.68 | 0.0 | 0.0 | -0.18 | -200.0 | 0.0 | 0.94 | -10.48 | 0.0 | -0.72 | 14.29 | 0.0 | -0.9 | 0.0 | 0.0 | 0.00 | 0 | 0.0 |
