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) | 11.06 | 67.07 | 2.1 | 0.0 | 0 | 0 | 0 | 0 | 26.1 | 2.35 | 3.31 | -0.6 | 3.79 | -11.45 | 14.52 | -13.48 | 7.0 | -32.37 | 0 | 0 | 2.93 | 1.74 | 0.03 | 200.0 | 4.31 | 0.0 | 2.38 | 16.1 | 0.09 | -43.75 | 7.99 | 10.82 | 10.46 | 11.16 | -0.21 | 0 | 7.78 | 9.27 | 0.00 | 0 |
| 2022 (9) | 6.62 | 1.85 | 2.1 | -57.32 | 0 | 0 | 0 | 0 | 25.5 | 6.29 | 3.33 | 5.71 | 4.28 | -20.0 | 16.78 | -24.74 | 10.35 | 43.75 | 0 | 0 | 2.88 | 0 | 0.01 | -50.0 | 4.31 | 10.23 | 2.05 | 18.5 | 0.16 | 23.08 | 7.21 | 11.44 | 9.41 | 12.97 | -0.09 | 0 | 7.12 | 12.84 | 0.00 | 0 |
| 2021 (8) | 6.5 | 26.95 | 4.92 | 37.82 | 0 | 0 | 0 | 0 | 23.99 | -0.04 | 3.15 | 6.78 | 5.35 | 6.15 | 22.30 | 6.2 | 7.2 | 36.36 | 0 | 0 | 0 | 0 | 0.02 | -33.33 | 3.91 | 0.0 | 1.73 | 20.14 | 0.13 | -35.0 | 6.47 | 16.58 | 8.33 | 15.86 | -0.16 | 0 | 6.31 | 16.42 | 0.00 | 0 |
| 2020 (7) | 5.12 | 14.54 | 3.57 | -41.09 | 0 | 0 | 0 | 0 | 24.0 | 2.04 | 2.95 | 3.51 | 5.04 | 32.98 | 21.00 | 30.32 | 5.28 | -15.25 | 0 | 0 | 0 | 0 | 0.03 | 0.0 | 3.91 | 8.31 | 1.44 | 25.22 | 0.2 | 150.0 | 5.55 | 11.9 | 7.19 | 16.16 | -0.13 | 0 | 5.42 | 13.87 | 0.00 | 0 |
| 2019 (6) | 4.47 | 132.81 | 6.06 | 0.0 | 0 | 0 | 0 | 0 | 23.52 | 28.17 | 2.85 | 46.15 | 3.79 | -4.53 | 16.11 | -25.52 | 6.23 | -24.3 | 0 | 0 | 0 | 0 | 0.03 | -25.0 | 3.61 | 1.4 | 1.15 | 19.79 | 0.08 | 0 | 4.96 | 40.51 | 6.19 | 38.17 | -0.2 | 0 | 4.76 | 37.97 | 0.00 | 0 |
| 2018 (5) | 1.92 | -9.0 | 6.06 | 23.17 | 0 | 0 | 0 | 0 | 18.35 | 15.77 | 1.95 | 51.16 | 3.97 | 21.04 | 21.63 | 4.55 | 8.23 | 37.4 | 0 | 0 | 0 | 0 | 0.04 | 0.0 | 3.56 | 8.21 | 0.96 | 15.66 | 0 | 0 | 3.53 | 49.58 | 4.48 | 40.44 | -0.08 | 0 | 3.45 | 49.35 | 0.00 | 0 |
| 2017 (4) | 2.11 | -34.67 | 4.92 | -2.77 | 0 | 0 | 0 | 0 | 15.85 | 7.38 | 1.29 | -17.31 | 3.28 | 11.19 | 20.69 | 3.54 | 5.99 | 40.28 | 0 | 0 | 0 | 0 | 0.04 | -20.0 | 3.29 | 0.0 | 0.83 | 23.88 | 0 | 0 | 2.36 | 15.12 | 3.19 | 17.28 | -0.05 | 0 | 2.31 | 14.36 | 0.00 | 0 |
| 2016 (3) | 3.23 | 64.8 | 5.06 | 31.43 | 0 | 0 | 0 | 0 | 14.76 | 9.01 | 1.56 | 90.24 | 2.95 | 11.32 | 19.99 | 2.12 | 4.27 | 17.96 | 0 | 0 | 0 | 0 | 0.05 | 150.0 | 3.29 | 10.03 | 0.67 | 13.56 | 0 | 0 | 2.05 | -2.38 | 2.72 | 1.12 | -0.03 | 0 | 2.02 | -9.82 | -0.00 | 0 |
| 2015 (2) | 1.96 | 0 | 3.85 | 0 | 0 | 0 | 0 | 0 | 13.54 | 0 | 0.82 | 0 | 2.65 | 0 | 19.57 | 0 | 3.62 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0 | 2.99 | 0 | 0.59 | 0 | 0 | 0 | 2.1 | 0 | 2.69 | 0 | 0.14 | 0 | 2.24 | 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) | 10.8 | -12.9 | 37.4 | 2.1 | 0.0 | 0.0 | 2.55 | -13.56 | 0 | 0 | 0 | 0 | 5.88 | -3.92 | -14.78 | 0.55 | -50.0 | -41.49 | 5.05 | -3.99 | -7.34 | 22.04 | 0.28 | 6.29 | 7.66 | 3.37 | 4.5 | 0.01 | 0.0 | 0 | 0 | 0 | -100.0 | 0.03 | 50.0 | 0.0 | 4.36 | 1.16 | 1.16 | 2.71 | 0.0 | 13.87 | 0.21 | 0.0 | 133.33 | 8.23 | 7.16 | 10.47 | 11.15 | 5.19 | 12.4 | 0.09 | 400.0 | 212.5 | 8.32 | 8.76 | 12.89 | 0.00 | 0 | 0 |
| 24Q2 (19) | 12.4 | 2.9 | 41.71 | 2.1 | 0.0 | 0.0 | 2.95 | 0 | 0 | 0 | 0 | 0 | 6.12 | 8.9 | -15.82 | 1.1 | -0.9 | 10.0 | 5.26 | 32.49 | 4.99 | 21.98 | 38.86 | 14.91 | 7.41 | 4.81 | -9.41 | 0.01 | -50.0 | 0 | 0 | -100.0 | -100.0 | 0.02 | -33.33 | -33.33 | 4.31 | 0.0 | 0.0 | 2.71 | 13.87 | 13.87 | 0.21 | 133.33 | 133.33 | 7.68 | -15.6 | 18.15 | 10.6 | -8.38 | 18.17 | -0.03 | 66.67 | 88.46 | 7.65 | -15.09 | 22.6 | 0.00 | 0 | 0 |
| 24Q1 (18) | 12.05 | 8.95 | 55.08 | 2.1 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.62 | 6.24 | -15.36 | 1.11 | 105.56 | 35.37 | 3.97 | 4.75 | 3.93 | 15.83 | 9.01 | 7.53 | 7.07 | 1.0 | -26.89 | 0.02 | 0 | 0 | 2.94 | 0.34 | 1.73 | 0.03 | 0.0 | 200.0 | 4.31 | 0.0 | 0.0 | 2.38 | 0.0 | 16.1 | 0.09 | 0.0 | -43.75 | 9.1 | 13.89 | 13.33 | 11.57 | 10.61 | 13.1 | -0.09 | 57.14 | -50.0 | 9.01 | 15.81 | 13.05 | 0.00 | 0 | 0 |
| 23Q4 (17) | 11.06 | 40.71 | 67.07 | 2.1 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.29 | -23.33 | -3.29 | 0.54 | -42.55 | 14.89 | 3.79 | -30.46 | -11.45 | 14.52 | -29.98 | -13.48 | 7.0 | -4.5 | -32.37 | 0 | 0 | 0 | 2.93 | 0.34 | 1.74 | 0.03 | 0.0 | 200.0 | 4.31 | 0.0 | 0.0 | 2.38 | 0.0 | 16.1 | 0.09 | 0.0 | -43.75 | 7.99 | 7.25 | 10.82 | 10.46 | 5.44 | 11.16 | -0.21 | -162.5 | -133.33 | 7.78 | 5.56 | 9.27 | 0.00 | 0 | 0 |
| 23Q3 (16) | 7.86 | -10.17 | 23.2 | 2.1 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.9 | -5.09 | 1.32 | 0.94 | -6.0 | -1.05 | 5.45 | 8.78 | 6.03 | 20.74 | 8.41 | 5.35 | 7.33 | -10.39 | -25.58 | 0 | 0 | 0 | 2.92 | 0.69 | 2.1 | 0.03 | 0.0 | 200.0 | 4.31 | 0.0 | 0.0 | 2.38 | 0.0 | 16.1 | 0.09 | 0.0 | -43.75 | 7.45 | 14.62 | 10.7 | 9.92 | 10.59 | 10.96 | -0.08 | 69.23 | -700.0 | 7.37 | 18.11 | 9.67 | 0.00 | 0 | 0 |
| 23Q2 (15) | 8.75 | 12.61 | 28.11 | 2.1 | 0.0 | 10.53 | 0 | 0 | 0 | 0 | 0 | 0 | 7.27 | 9.49 | 3.41 | 1.0 | 21.95 | -1.96 | 5.01 | 31.15 | -20.85 | 19.13 | 29.95 | -21.79 | 8.18 | -15.41 | -9.01 | 0 | 0 | 0 | 2.9 | 0.35 | 1.75 | 0.03 | 200.0 | 200.0 | 4.31 | 0.0 | 0.0 | 2.38 | 16.1 | 16.1 | 0.09 | -43.75 | -43.75 | 6.5 | -19.05 | 12.26 | 8.97 | -12.32 | 12.27 | -0.26 | -333.33 | -420.0 | 6.24 | -21.71 | 8.71 | 0.00 | 0 | 0 |
| 23Q1 (14) | 7.77 | 17.37 | -19.15 | 2.1 | 0.0 | -70.51 | 0 | 0 | 0 | 0 | 0 | 0 | 6.64 | 21.39 | 7.27 | 0.82 | 74.47 | -7.87 | 3.82 | -10.75 | -20.08 | 14.72 | -12.3 | -22.76 | 9.67 | -6.57 | 14.3 | 0 | 0 | 0 | 2.89 | 0.35 | 0 | 0.01 | 0.0 | -50.0 | 4.31 | 0.0 | 1.89 | 2.05 | 0.0 | 18.5 | 0.16 | 0.0 | 23.08 | 8.03 | 11.37 | 9.1 | 10.23 | 8.71 | 10.95 | -0.06 | 33.33 | -400.0 | 7.97 | 11.94 | 7.99 | 0.00 | 0 | 0 |
| 22Q4 (13) | 6.62 | 3.76 | 1.85 | 2.1 | 0.0 | -57.32 | 0 | 0 | 0 | 0 | 0 | 0 | 5.47 | -19.68 | -10.03 | 0.47 | -50.53 | -30.88 | 4.28 | -16.73 | -20.0 | 16.78 | -14.74 | -24.74 | 10.35 | 5.08 | 43.75 | 0 | 0 | 0 | 2.88 | 0.7 | 0 | 0.01 | 0.0 | -50.0 | 4.31 | 0.0 | 10.23 | 2.05 | 0.0 | 18.5 | 0.16 | 0.0 | 23.08 | 7.21 | 7.13 | 11.44 | 9.41 | 5.26 | 12.97 | -0.09 | -800.0 | 43.75 | 7.12 | 5.95 | 12.84 | 0.00 | 0 | 0 |
| 22Q3 (12) | 6.38 | -6.59 | 12.72 | 2.1 | 10.53 | -49.64 | 0 | 0 | 0 | 0 | 0 | 0 | 6.81 | -3.13 | 3.5 | 0.95 | -6.86 | 4.4 | 5.14 | -18.8 | -0.19 | 19.69 | -19.51 | -9.75 | 9.85 | 9.57 | 52.95 | 0 | 0 | 0 | 2.86 | 0.35 | 0 | 0.01 | 0.0 | -50.0 | 4.31 | 0.0 | 10.23 | 2.05 | 0.0 | 18.5 | 0.16 | 0.0 | 23.08 | 6.73 | 16.23 | 16.23 | 8.94 | 11.89 | 16.86 | -0.01 | 80.0 | 95.0 | 6.72 | 17.07 | 20.21 | 0.00 | 0 | 0 |
| 22Q2 (11) | 6.83 | -28.93 | 10.52 | 1.9 | -73.31 | -46.78 | 0 | 0 | 0 | 0 | 0 | 0 | 7.03 | 13.57 | 12.84 | 1.02 | 14.61 | 17.24 | 6.33 | 32.43 | 28.4 | 24.46 | 28.33 | 14.85 | 8.99 | 6.26 | 45.71 | 0 | 0 | 0 | 2.85 | 0 | 0 | 0.01 | -50.0 | -50.0 | 4.31 | 1.89 | 10.23 | 2.05 | 18.5 | 42.36 | 0.16 | 23.08 | -20.0 | 5.79 | -21.33 | -18.45 | 7.99 | -13.34 | -8.58 | -0.05 | -350.0 | 73.68 | 5.74 | -22.22 | -16.93 | 0.00 | 0 | 0 |
| 22Q1 (10) | 9.61 | 47.85 | 74.73 | 7.12 | 44.72 | 99.44 | 0 | 0 | 0 | 0 | 0 | 0 | 6.19 | 1.81 | 21.37 | 0.89 | 30.88 | 30.88 | 4.78 | -10.65 | 0.42 | 19.06 | -14.54 | -6.67 | 8.46 | 17.5 | 43.63 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0.02 | 0.0 | 0.0 | 4.23 | 8.18 | 8.18 | 1.73 | 0.0 | 20.14 | 0.13 | 0.0 | -35.0 | 7.36 | 13.76 | 17.95 | 9.22 | 10.68 | 17.15 | 0.02 | 112.5 | 112.5 | 7.38 | 16.96 | 21.38 | 0.00 | 0 | 0 |
| 21Q4 (9) | 6.5 | 14.84 | 26.95 | 4.92 | 17.99 | 37.82 | 0 | 0 | 0 | 0 | 0 | 0 | 6.08 | -7.6 | 6.67 | 0.68 | -25.27 | 58.14 | 5.35 | 3.88 | 6.15 | 22.30 | 2.24 | 6.15 | 7.2 | 11.8 | 36.36 | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0.0 | -33.33 | 3.91 | 0.0 | 0.0 | 1.73 | 0.0 | 20.14 | 0.13 | 0.0 | -35.0 | 6.47 | 11.74 | 16.58 | 8.33 | 8.89 | 15.86 | -0.16 | 20.0 | -23.08 | 6.31 | 12.88 | 16.42 | 0.00 | 0 | 0 |
| 21Q3 (8) | 5.66 | -8.41 | 29.82 | 4.17 | 16.81 | 16.81 | 0 | 0 | 0 | 0 | 0 | 0 | 6.58 | 5.62 | 7.52 | 0.91 | 4.6 | 4.6 | 5.15 | 4.46 | 13.19 | 21.81 | 2.43 | 15.15 | 6.44 | 4.38 | 12.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0.0 | -33.33 | 3.91 | 0.0 | 0.0 | 1.73 | 20.14 | 20.14 | 0.13 | -35.0 | -35.0 | 5.79 | -18.45 | 13.09 | 7.65 | -12.47 | 13.17 | -0.2 | -5.26 | 9.09 | 5.59 | -19.1 | 14.08 | 0.00 | 0 | 0 |
| 21Q2 (7) | 6.18 | 12.36 | 28.22 | 3.57 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.23 | 22.16 | -2.5 | 0.87 | 27.94 | 2.35 | 4.93 | 3.57 | -9.04 | 21.30 | 4.29 | 0 | 6.17 | 4.75 | 6.2 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0.02 | 0.0 | 0.0 | 3.91 | 0.0 | 0.0 | 1.44 | 0.0 | 0.0 | 0.2 | 0.0 | 0.0 | 7.1 | 13.78 | 67.06 | 8.74 | 11.05 | 48.39 | -0.19 | -18.75 | 34.48 | 6.91 | 13.65 | 74.49 | 0.00 | 0 | 0 |
| 21Q1 (6) | 5.5 | 7.42 | 11.79 | 3.57 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.1 | -10.53 | -11.76 | 0.68 | 58.14 | -16.05 | 4.76 | -5.56 | 12.0 | 20.42 | -2.8 | 0 | 5.89 | 11.55 | 3.7 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0.02 | -33.33 | -33.33 | 3.91 | 0.0 | 0.0 | 1.44 | 0.0 | 25.22 | 0.2 | 0.0 | 150.0 | 6.24 | 12.43 | 8.33 | 7.87 | 9.46 | 12.43 | -0.16 | -23.08 | 33.33 | 6.08 | 12.18 | 10.14 | 0.00 | 0 | 0 |
| 20Q4 (5) | 5.12 | 17.43 | 14.54 | 3.57 | 0.0 | -41.09 | 0 | 0 | 0 | 0 | 0 | 0 | 5.7 | -6.86 | -0.52 | 0.43 | -50.57 | -33.85 | 5.04 | 10.77 | 32.98 | 21.01 | 10.91 | 0 | 5.28 | -8.01 | -15.25 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | 0.0 | 0.0 | 3.91 | 0.0 | 8.31 | 1.44 | 0.0 | 25.22 | 0.2 | 0.0 | 150.0 | 5.55 | 8.4 | 11.9 | 7.19 | 6.36 | 16.16 | -0.13 | 40.91 | 35.0 | 5.42 | 10.61 | 13.87 | 0.00 | 0 | 0 |
| 20Q3 (4) | 4.36 | -9.54 | 0.0 | 3.57 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 6.12 | -4.23 | 0.0 | 0.87 | 2.35 | 0.0 | 4.55 | -16.05 | 0.0 | 18.94 | 0 | 0.0 | 5.74 | -1.2 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0.03 | 50.0 | 0.0 | 3.91 | 0.0 | 0.0 | 1.44 | 0.0 | 0.0 | 0.2 | 0.0 | 0.0 | 5.12 | 20.47 | 0.0 | 6.76 | 14.77 | 0.0 | -0.22 | 24.14 | 0.0 | 4.9 | 23.74 | 0.0 | 0.00 | 0 | 0.0 |
