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) | 7.4 | 34.55 | 2.87 | 250.0 | 0.34 | -94.36 | 0 | 0 | 13.77 | -23.67 | -0.35 | 0 | 3.47 | -32.49 | 25.20 | -11.56 | 9.26 | -11.89 | 0 | 0 | 9.53 | 48.67 | 0.12 | -25.0 | 6.93 | 1.76 | 3.14 | 5.72 | 1.55 | -14.84 | 10.71 | -10.9 | 15.4 | -8.39 | -1.73 | 0 | 8.98 | -15.68 | 0.03 | -2.43 |
| 2022 (9) | 5.5 | 35.47 | 0.82 | -71.23 | 6.03 | 419.83 | 0 | 0 | 18.04 | -11.26 | 1.72 | -26.5 | 5.14 | 1.18 | 28.49 | 14.03 | 10.51 | -2.32 | 0 | 0 | 6.41 | -29.48 | 0.16 | 100.0 | 6.81 | 1.64 | 2.97 | 8.79 | 1.82 | 0.0 | 12.02 | 2.39 | 16.81 | 3.13 | -1.37 | 0 | 10.65 | 5.24 | 0.03 | 2.57 |
| 2021 (8) | 4.06 | -24.54 | 2.85 | -9.24 | 1.16 | -76.75 | 0 | 0 | 20.33 | 28.51 | 2.34 | 70.8 | 5.08 | 11.89 | 24.99 | -12.93 | 10.76 | 31.38 | 0 | 0 | 9.09 | 5.21 | 0.08 | -20.0 | 6.7 | 0.15 | 2.73 | 5.0 | 1.82 | 0.0 | 11.74 | 11.39 | 16.3 | 8.96 | -1.62 | 0 | 10.12 | 11.21 | 0.03 | 26.12 |
| 2020 (7) | 5.38 | 6.53 | 3.14 | 34.19 | 4.99 | -21.54 | 0 | 0 | 15.82 | 15.73 | 1.37 | 211.36 | 4.54 | 23.04 | 28.70 | 6.31 | 8.19 | 8.48 | 0 | 0 | 8.64 | 257.02 | 0.1 | -9.09 | 6.69 | 0.0 | 2.6 | 1.96 | 1.82 | 80.2 | 10.54 | 1.05 | 14.96 | 6.93 | -1.44 | 0 | 9.1 | 5.69 | 0.02 | 4.78 |
| 2019 (6) | 5.05 | -15.55 | 2.34 | 154.35 | 6.36 | 3080.0 | 0 | 0 | 13.67 | -19.78 | 0.44 | -73.65 | 3.69 | -12.97 | 26.99 | 8.48 | 7.55 | -11.18 | 0 | 0 | 2.42 | -72.18 | 0.11 | -8.33 | 6.69 | 0.0 | 2.55 | 6.69 | 1.01 | 36.49 | 10.43 | -11.31 | 13.99 | -6.04 | -1.82 | 0 | 8.61 | -19.91 | 0.02 | 50.04 |
| 2018 (5) | 5.98 | 35.91 | 0.92 | -38.67 | 0.2 | -44.44 | 0 | 0 | 17.04 | 15.6 | 1.67 | 3.73 | 4.24 | 16.16 | 24.88 | 0.48 | 8.5 | 10.97 | 0 | 0 | 8.7 | 181.55 | 0.12 | 9.09 | 6.69 | 0.0 | 2.39 | 7.17 | 0.74 | 23.33 | 11.76 | 0.09 | 14.89 | 2.2 | -1.01 | 0 | 10.75 | -2.36 | 0.02 | 9.62 |
| 2017 (4) | 4.4 | 17.65 | 1.5 | 226.09 | 0.36 | 38.46 | 0 | 0 | 14.74 | 20.23 | 1.61 | 15.83 | 3.65 | 52.08 | 24.76 | 26.5 | 7.66 | 27.45 | 0 | 0 | 3.09 | 57.65 | 0.11 | 175.0 | 6.69 | 0.0 | 2.23 | 6.7 | 0.6 | 233.33 | 11.75 | -2.33 | 14.57 | 1.89 | -0.74 | 0 | 11.01 | -3.67 | 0.01 | 0 |
| 2016 (3) | 3.74 | -56.56 | 0.46 | -87.67 | 0.26 | 0.0 | 0 | 0 | 12.26 | -10.31 | 1.39 | -42.32 | 2.4 | -1.64 | 19.58 | 9.67 | 6.01 | 2.04 | 0 | 0 | 1.96 | -11.71 | 0.04 | -20.0 | 6.69 | 0.0 | 2.09 | 12.97 | 0.18 | 0.0 | 12.03 | -7.1 | 14.3 | -4.54 | -0.6 | 0 | 11.43 | -15.08 | 0.00 | 0 |
| 2015 (2) | 8.61 | 61.54 | 3.73 | 33.21 | 0.26 | 4.0 | 0 | 0 | 13.67 | 2.32 | 2.41 | -25.62 | 2.44 | -5.79 | 17.85 | -7.93 | 5.89 | -3.28 | 0 | 0 | 2.22 | 126.53 | 0.05 | 0.0 | 6.69 | 10.03 | 1.85 | 21.71 | 0.18 | 0.0 | 12.95 | -0.38 | 14.98 | 1.9 | 0.51 | -19.05 | 13.46 | -1.25 | 0.00 | 0 |
| 2014 (1) | 5.33 | -14.72 | 2.8 | 0 | 0.25 | 0.0 | 0 | 0 | 13.36 | 19.82 | 3.24 | -8.22 | 2.59 | 82.39 | 19.39 | 52.22 | 6.09 | 40.0 | 0 | 0 | 0.98 | -19.01 | 0.05 | -16.67 | 6.08 | 0.0 | 1.52 | 29.91 | 0.18 | 0.0 | 13.0 | 11.68 | 14.7 | 13.16 | 0.63 | 215.0 | 13.63 | 15.12 | 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) | 7.68 | -4.71 | 15.84 | 2.7 | -3.57 | -9.4 | 6.03 | 1529.73 | 1727.27 | 0 | 0 | 0 | 3.91 | -0.76 | 26.13 | -0.55 | -787.5 | -189.47 | 4.36 | 4.56 | 4.31 | 30.11 | -1.29 | 2.15 | 8.76 | -3.2 | -10.89 | 0 | 0 | 0 | 3.29 | -63.53 | -65.73 | 0.1 | -9.09 | -23.08 | 7.0 | 0.0 | 1.01 | 3.14 | 0.0 | 0.0 | 1.91 | 0.0 | 23.23 | 9.84 | -5.29 | -10.46 | 14.89 | -3.56 | -5.04 | -0.77 | 34.19 | 40.77 | 9.07 | -1.63 | -6.4 | 0.03 | 5.7 | 6.06 |
| 24Q2 (19) | 8.06 | 4.0 | 27.33 | 2.8 | -9.68 | 61.85 | 0.37 | 8.82 | 12.12 | 0 | 0 | 0 | 3.94 | 20.86 | 1.55 | 0.08 | 300.0 | -11.11 | 4.17 | 16.48 | -7.54 | 30.50 | 15.97 | 6.8 | 9.05 | -2.16 | -9.68 | 0 | 0 | 0 | 9.02 | -4.75 | -6.63 | 0.11 | -8.33 | -21.43 | 7.0 | 1.01 | 1.01 | 3.14 | 0.0 | 0.0 | 1.91 | 23.23 | 23.23 | 10.39 | -2.62 | -7.07 | 15.44 | 0.52 | -2.71 | -1.17 | 13.97 | 39.69 | 9.22 | -0.97 | -0.22 | 0.03 | 2.28 | 2.04 |
| 24Q1 (18) | 7.75 | 4.73 | 36.2 | 3.1 | 8.01 | 496.15 | 0.34 | 0.0 | -93.64 | 0 | 0 | 0 | 3.26 | -3.26 | -4.96 | -0.04 | 85.71 | -233.33 | 3.58 | 3.17 | -23.5 | 26.30 | 4.46 | -5.69 | 9.25 | -0.11 | -13.31 | 0 | 0 | 0 | 9.47 | -0.63 | 47.74 | 0.12 | 0.0 | -20.0 | 6.93 | 0.0 | 1.32 | 3.14 | 0.0 | 0.0 | 1.55 | 0.0 | 0.0 | 10.67 | -0.37 | -3.79 | 15.36 | -0.26 | -2.66 | -1.36 | 21.39 | -9.68 | 9.31 | 3.67 | -5.48 | 0.03 | 2.17 | -3.83 |
| 23Q4 (17) | 7.4 | 11.61 | 34.55 | 2.87 | -3.69 | 250.0 | 0.34 | 3.03 | -94.36 | 0 | 0 | 0 | 3.37 | 8.71 | -10.61 | -0.28 | -47.37 | -227.27 | 3.47 | -16.99 | -32.49 | 25.18 | -14.58 | -11.67 | 9.26 | -5.8 | -11.89 | 0 | 0 | 0 | 9.53 | -0.73 | 48.67 | 0.12 | -7.69 | -25.0 | 6.93 | 0.0 | 1.76 | 3.14 | 0.0 | 5.72 | 1.55 | 0.0 | -14.84 | 10.71 | -2.55 | -10.9 | 15.4 | -1.79 | -8.39 | -1.73 | -33.08 | -26.28 | 8.98 | -7.33 | -15.68 | 0.03 | -3.98 | -2.43 |
| 23Q3 (16) | 6.63 | 4.74 | 34.48 | 2.98 | 72.25 | 213.68 | 0.33 | 0.0 | -94.79 | 0 | 0 | 0 | 3.1 | -20.1 | -34.18 | -0.19 | -311.11 | -141.3 | 4.18 | -7.32 | -25.49 | 29.48 | 3.21 | -1.16 | 9.83 | -1.9 | -12.93 | 0 | 0 | 0 | 9.6 | -0.62 | 49.53 | 0.13 | -7.14 | -18.75 | 6.93 | 0.0 | 2.67 | 3.14 | 0.0 | 5.72 | 1.55 | 0.0 | -14.84 | 10.99 | -1.7 | -6.86 | 15.68 | -1.2 | -5.49 | -1.3 | 32.99 | -22.64 | 9.69 | 4.87 | -9.78 | 0.03 | 1.69 | -3.15 |
| 23Q2 (15) | 6.33 | 11.25 | 47.9 | 1.73 | 232.69 | -37.99 | 0.33 | -93.83 | -95.55 | 0 | 0 | 0 | 3.88 | 13.12 | -20.33 | 0.09 | 200.0 | -83.33 | 4.51 | -3.63 | -22.64 | 28.56 | 2.41 | -3.63 | 10.02 | -6.09 | -14.21 | 0 | 0 | 0 | 9.66 | 50.7 | 291.09 | 0.14 | -6.67 | 16.67 | 6.93 | 1.32 | 3.43 | 3.14 | 0.0 | 5.72 | 1.55 | 0.0 | -14.84 | 11.18 | 0.81 | -1.41 | 15.87 | 0.57 | -1.61 | -1.94 | -56.45 | -60.33 | 9.24 | -6.19 | -8.79 | 0.03 | -3.6 | -5.29 |
| 23Q1 (14) | 5.69 | 3.45 | 46.27 | 0.52 | -36.59 | -81.36 | 5.35 | -11.28 | 249.67 | 0 | 0 | 0 | 3.43 | -9.02 | -26.71 | 0.03 | -86.36 | -94.0 | 4.68 | -8.95 | -12.52 | 27.89 | -2.17 | 7.03 | 10.67 | 1.52 | -7.46 | 0 | 0 | 0 | 6.41 | 0.0 | -24.23 | 0.15 | -6.25 | 87.5 | 6.84 | 0.44 | 2.09 | 3.14 | 5.72 | 5.72 | 1.55 | -14.84 | -14.84 | 11.09 | -7.74 | 2.69 | 15.78 | -6.13 | 1.22 | -1.24 | 9.49 | -39.33 | 9.85 | -7.51 | -0.61 | 0.03 | 3.66 | -1.45 |
| 22Q4 (13) | 5.5 | 11.56 | 35.47 | 0.82 | -13.68 | -71.23 | 6.03 | -4.74 | 419.83 | 0 | 0 | 0 | 3.77 | -19.96 | -17.14 | 0.22 | -52.17 | -38.89 | 5.14 | -8.38 | 1.18 | 28.51 | -4.41 | 14.09 | 10.51 | -6.91 | -2.32 | 0 | 0 | 0 | 6.41 | -0.16 | -29.48 | 0.16 | 0.0 | 100.0 | 6.81 | 0.89 | 1.64 | 2.97 | 0.0 | 8.79 | 1.82 | 0.0 | 0.0 | 12.02 | 1.86 | 2.39 | 16.81 | 1.33 | 3.13 | -1.37 | -29.25 | 15.43 | 10.65 | -0.84 | 5.24 | 0.03 | -4.7 | 2.57 |
| 22Q3 (12) | 4.93 | 15.19 | 4.89 | 0.95 | -65.95 | -71.12 | 6.33 | -14.69 | 450.43 | 0 | 0 | 0 | 4.71 | -3.29 | -15.44 | 0.46 | -14.81 | -35.21 | 5.61 | -3.77 | -11.51 | 29.82 | 0.63 | -6.86 | 11.29 | -3.34 | 12.12 | 0 | 0 | 0 | 6.42 | 159.92 | -18.53 | 0.16 | 33.33 | 77.78 | 6.75 | 0.75 | 0.75 | 2.97 | 0.0 | 8.79 | 1.82 | 0.0 | 0.0 | 11.8 | 4.06 | 3.69 | 16.59 | 2.85 | 4.14 | -1.06 | 12.4 | 41.11 | 10.74 | 6.02 | 12.11 | 0.03 | -0.55 | 10.57 |
| 22Q2 (11) | 4.28 | 10.03 | -8.74 | 2.79 | 0.0 | -9.71 | 7.42 | 384.97 | 606.67 | 0 | 0 | 0 | 4.87 | 4.06 | -15.01 | 0.54 | 8.0 | -34.15 | 5.83 | 8.97 | -9.75 | 29.64 | 13.74 | -15.07 | 11.68 | 1.3 | 25.46 | 0 | 0 | 0 | 2.47 | -70.8 | -69.39 | 0.12 | 50.0 | 33.33 | 6.7 | 0.0 | 0.0 | 2.97 | 0.0 | 8.79 | 1.82 | 0.0 | 0.0 | 11.34 | 5.0 | 6.38 | 16.13 | 3.46 | 5.98 | -1.21 | -35.96 | 32.4 | 10.13 | 2.22 | 14.21 | 0.03 | 0.31 | 13.82 |
| 22Q1 (10) | 3.89 | -4.19 | -17.58 | 2.79 | -2.11 | -11.15 | 1.53 | 31.9 | -71.19 | 0 | 0 | 0 | 4.68 | 2.86 | 4.46 | 0.5 | 38.89 | 13.64 | 5.35 | 5.31 | 3.28 | 26.06 | 4.29 | -12.62 | 11.53 | 7.16 | 34.54 | 0 | 0 | 0 | 8.46 | -6.93 | 2.79 | 0.08 | 0.0 | -20.0 | 6.7 | 0.0 | 0.15 | 2.97 | 8.79 | 8.79 | 1.82 | 0.0 | 0.0 | 10.8 | -8.01 | 9.76 | 15.59 | -4.36 | 8.26 | -0.89 | 45.06 | 45.06 | 9.91 | -2.08 | 20.56 | 0.03 | 7.89 | 21.2 |
| 21Q4 (9) | 4.06 | -13.62 | -24.54 | 2.85 | -13.37 | -9.24 | 1.16 | 0.87 | -76.75 | 0 | 0 | 0 | 4.55 | -18.31 | 13.18 | 0.36 | -49.3 | 33.33 | 5.08 | -19.87 | 11.89 | 24.99 | -21.96 | -12.93 | 10.76 | 6.85 | 31.38 | 0 | 0 | 0 | 9.09 | 15.36 | 5.21 | 0.08 | -11.11 | -20.0 | 6.7 | 0.0 | 0.15 | 2.73 | 0.0 | 5.0 | 1.82 | 0.0 | 0.0 | 11.74 | 3.16 | 11.39 | 16.3 | 2.32 | 8.96 | -1.62 | 10.0 | -12.5 | 10.12 | 5.64 | 11.21 | 0.03 | 2.74 | 26.12 |
| 21Q3 (8) | 4.7 | 0.21 | -5.05 | 3.29 | 6.47 | 4.78 | 1.15 | 9.52 | -76.91 | 0 | 0 | 0 | 5.57 | -2.79 | 30.14 | 0.71 | -13.41 | 51.06 | 6.34 | -1.86 | 38.43 | 32.02 | -8.25 | 6.41 | 10.07 | 8.16 | 23.11 | 0 | 0 | 0 | 7.88 | -2.35 | -2.23 | 0.09 | 0.0 | -18.18 | 6.7 | 0.0 | 0.15 | 2.73 | 0.0 | 5.0 | 1.82 | 0.0 | 0.0 | 11.38 | 6.75 | 10.81 | 15.93 | 4.66 | 8.44 | -1.8 | -0.56 | 8.63 | 9.58 | 8.0 | 15.42 | 0.03 | 2.37 | 22.78 |
| 21Q2 (7) | 4.69 | -0.64 | -13.15 | 3.09 | -1.59 | 32.05 | 1.05 | -80.23 | -77.56 | 0 | 0 | 0 | 5.73 | 27.9 | 24.84 | 0.82 | 86.36 | 74.47 | 6.46 | 24.71 | 40.74 | 34.90 | 17.03 | 0 | 9.31 | 8.63 | 18.9 | 0 | 0 | 0 | 8.07 | -1.94 | -6.81 | 0.09 | -10.0 | -10.0 | 6.7 | 0.15 | 0.15 | 2.73 | 0.0 | 5.0 | 1.82 | 0.0 | 0.0 | 10.66 | 8.33 | 8.78 | 15.22 | 5.69 | 7.03 | -1.79 | -10.49 | 22.17 | 8.87 | 7.91 | 18.27 | 0.03 | 6.8 | 24.1 |
| 21Q1 (6) | 4.72 | -12.27 | -14.49 | 3.14 | 0.0 | 34.19 | 5.31 | 6.41 | -16.9 | 0 | 0 | 0 | 4.48 | 11.44 | 52.9 | 0.44 | 62.96 | 175.0 | 5.18 | 14.1 | 48.0 | 29.82 | 3.92 | 0 | 8.57 | 4.64 | 10.01 | 0 | 0 | 0 | 8.23 | -4.75 | 180.89 | 0.1 | 0.0 | 0.0 | 6.69 | 0.0 | 0.0 | 2.73 | 5.0 | 5.0 | 1.82 | 0.0 | 0.0 | 9.84 | -6.64 | 5.47 | 14.4 | -3.74 | 4.73 | -1.62 | -12.5 | 21.36 | 8.22 | -9.67 | 13.07 | 0.03 | 12.27 | 15.46 |
| 20Q4 (5) | 5.38 | 8.69 | 6.53 | 3.14 | 0.0 | 34.19 | 4.99 | 0.2 | -21.54 | 0 | 0 | 0 | 4.02 | -6.07 | 17.54 | 0.27 | -42.55 | 800.0 | 4.54 | -0.87 | 23.04 | 28.70 | -4.63 | 0 | 8.19 | 0.12 | 8.48 | 0 | 0 | 0 | 8.64 | 7.2 | 257.02 | 0.1 | -9.09 | -9.09 | 6.69 | 0.0 | 0.0 | 2.6 | 0.0 | 1.96 | 1.82 | 0.0 | 80.2 | 10.54 | 2.63 | 1.05 | 14.96 | 1.84 | 6.93 | -1.44 | 26.9 | 20.88 | 9.1 | 9.64 | 5.69 | 0.02 | 0.02 | 4.78 |
| 20Q3 (4) | 4.95 | -8.33 | 0.0 | 3.14 | 34.19 | 0.0 | 4.98 | 6.41 | 0.0 | 0 | 0 | 0.0 | 4.28 | -6.75 | 0.0 | 0.47 | 0.0 | 0.0 | 4.58 | -0.22 | 0.0 | 30.09 | 0 | 0.0 | 8.18 | 4.47 | 0.0 | 0 | 0 | 0.0 | 8.06 | -6.93 | 0.0 | 0.11 | 10.0 | 0.0 | 6.69 | 0.0 | 0.0 | 2.6 | 0.0 | 0.0 | 1.82 | 0.0 | 0.0 | 10.27 | 4.8 | 0.0 | 14.69 | 3.31 | 0.0 | -1.97 | 14.35 | 0.0 | 8.3 | 10.67 | 0.0 | 0.02 | 3.47 | 0.0 |
