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) | 1.82 | -50.27 | 3.3 | -58.17 | 0.7 | 0 | 0 | 0 | 23.16 | -56.06 | -0.25 | 0 | 5.29 | -32.44 | 22.84 | 53.76 | 3.57 | -43.15 | 0.25 | -80.0 | 0 | 0 | 0.01 | 0.0 | 7.5 | 0.0 | 3.59 | 11.84 | 0.99 | -18.18 | -0.02 | 0 | 4.56 | -44.73 | -1.09 | 0 | -1.11 | 0 | 0.00 | 0 |
| 2022 (9) | 3.66 | -15.47 | 7.89 | 25.84 | 0 | 0 | 0 | 0 | 52.71 | 27.75 | 3.81 | 5.54 | 7.83 | 3.98 | 14.85 | -18.6 | 6.28 | 32.21 | 1.25 | -11.35 | 0 | 0 | 0.01 | 0.0 | 7.5 | 0.0 | 3.21 | 12.63 | 1.21 | 49.38 | 3.83 | 6.09 | 8.25 | 13.48 | -0.99 | 0 | 2.84 | 18.33 | 0.00 | 0 |
| 2021 (8) | 4.33 | 69.14 | 6.27 | 149.8 | 0 | 0 | 0 | 0 | 41.26 | 84.61 | 3.61 | 193.5 | 7.53 | 95.08 | 18.25 | 5.67 | 4.75 | 96.28 | 1.41 | -1.4 | 0 | 0 | 0.01 | 0.0 | 7.5 | 0.0 | 2.85 | 4.4 | 0.81 | 8.0 | 3.61 | 191.13 | 7.27 | 54.35 | -1.21 | 0 | 2.4 | 458.14 | 0.00 | 0 |
| 2020 (7) | 2.56 | -45.06 | 2.51 | -60.84 | 0 | 0 | 0 | 0 | 22.35 | -32.58 | 1.23 | -43.84 | 3.86 | -2.03 | 17.27 | 45.31 | 2.42 | -28.61 | 1.43 | -18.29 | 0 | 0 | 0.01 | 0.0 | 7.5 | 0.0 | 2.73 | 8.76 | 0.75 | 22.95 | 1.24 | -43.38 | 4.71 | -11.3 | -0.81 | 0 | 0.43 | -70.14 | 0.00 | 0 |
| 2019 (6) | 4.66 | -9.69 | 6.41 | -16.64 | 0 | 0 | 0 | 0 | 33.15 | -32.58 | 2.19 | -10.25 | 3.94 | -23.94 | 11.89 | 12.82 | 3.39 | -24.83 | 1.75 | -4.37 | 0 | 0 | 0.01 | 0.0 | 7.5 | 0.0 | 2.51 | 11.06 | 0.61 | 22.0 | 2.19 | -10.98 | 5.31 | 1.72 | -0.75 | 0 | 1.44 | -22.16 | 0.00 | 0 |
| 2018 (5) | 5.16 | 60.75 | 7.69 | 12.76 | 0.01 | 0 | 0 | 0 | 49.17 | 16.32 | 2.44 | 17.31 | 5.18 | 1.17 | 10.53 | -13.03 | 4.51 | -33.77 | 1.83 | -4.19 | 0 | 0 | 0.01 | 0.0 | 7.5 | 0.0 | 2.26 | 9.71 | 0.5 | 16.28 | 2.46 | 17.7 | 5.22 | 13.97 | -0.61 | 0 | 1.85 | 16.35 | 0.00 | 0 |
| 2017 (4) | 3.21 | -7.23 | 6.82 | 128.09 | 0 | 0 | 0 | 0 | 42.27 | 79.72 | 2.08 | 46.48 | 5.12 | 135.94 | 12.11 | 31.29 | 6.81 | 65.69 | 1.91 | 72.07 | 0 | 0 | 0.01 | 0.0 | 7.5 | 0.0 | 2.06 | 7.85 | 0.43 | 48.28 | 2.09 | 43.15 | 4.58 | 24.8 | -0.5 | 0 | 1.59 | 54.37 | 0.00 | 0 |
| 2016 (3) | 3.46 | -21.18 | 2.99 | -1.32 | 0 | 0 | 0 | 0 | 23.52 | 16.32 | 1.42 | 22.41 | 2.17 | -11.43 | 9.23 | -23.86 | 4.11 | 83.48 | 1.11 | -3.48 | 0 | 0 | 0.01 | 0.0 | 7.5 | 0.0 | 1.91 | 6.11 | 0.29 | 0.0 | 1.46 | 20.66 | 3.67 | 11.21 | -0.43 | 0 | 1.03 | -9.65 | 0.00 | 0 |
| 2015 (2) | 4.39 | 6.55 | 3.03 | -25.55 | 0 | 0 | 0 | 0 | 20.22 | -24.1 | 1.16 | 1.75 | 2.45 | 13.43 | 12.12 | 49.44 | 2.24 | -14.83 | 1.15 | -0.86 | 0.5 | 400.0 | 0.01 | 0.0 | 7.5 | 0.0 | 1.8 | 7.14 | 0.29 | 0.0 | 1.21 | 6.14 | 3.3 | 5.77 | -0.07 | 0 | 1.14 | -13.64 | 0.00 | 0 |
| 2014 (1) | 4.12 | -1.44 | 4.07 | 20.77 | 0 | 0 | 0 | 0 | 26.64 | 23.39 | 1.14 | 40.74 | 2.16 | 26.32 | 8.11 | 2.37 | 2.63 | 21.76 | 1.16 | 96.61 | 0.1 | -80.0 | 0.01 | 0.0 | 7.5 | 0.0 | 1.68 | 5.0 | 0.29 | 0.0 | 1.14 | 29.55 | 3.12 | 12.23 | 0.18 | 0 | 1.32 | 78.38 | 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) | 3.99 | 15.65 | 57.71 | 3.19 | 25.59 | -35.16 | 0.35 | 0.0 | 0.0 | 0 | 0 | 0 | 4.81 | -15.91 | -12.55 | 0.31 | -71.56 | -35.42 | 5.26 | 17.15 | -14.89 | 25.13 | 21.01 | 15.21 | 2.44 | -17.57 | -36.46 | 0.13 | -35.0 | -71.11 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 7.5 | 0.0 | 0.0 | 2.75 | 0.0 | -23.4 | 0.99 | 0.0 | 0.0 | 1.98 | 17.86 | 1142.11 | 5.72 | 5.73 | 30.3 | -0.68 | 30.61 | 29.17 | 1.3 | 85.71 | 213.04 | 0.00 | 0 | 0 |
| 24Q2 (19) | 3.45 | 15.77 | 5.18 | 2.54 | 69.33 | -14.19 | 0.35 | -50.0 | 0.0 | 0 | 0 | 0 | 5.72 | 3.06 | -10.9 | 1.09 | 84.75 | 519.23 | 4.49 | -10.2 | -12.48 | 20.77 | -7.29 | 50.15 | 2.96 | 17.0 | -23.71 | 0.2 | -4.76 | -64.91 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 7.5 | 0.0 | 0.0 | 2.75 | 0.0 | -23.4 | 0.99 | 0.0 | 0.0 | 1.68 | 184.75 | 350.75 | 5.41 | 25.23 | 38.36 | -0.98 | 1.01 | 11.71 | 0.7 | 275.0 | 139.33 | 0.00 | 0 | 0 |
| 24Q1 (18) | 2.98 | 63.74 | -31.65 | 1.5 | -54.55 | -59.68 | 0.7 | 0.0 | 0 | 0 | 0 | 0 | 5.55 | 14.43 | -13.15 | 0.59 | 268.75 | 193.65 | 5.0 | -5.48 | 3.73 | 22.40 | -1.92 | 115.14 | 2.53 | -29.13 | -44.88 | 0.21 | -16.0 | -76.92 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 7.5 | 0.0 | 0.0 | 2.75 | -23.4 | -14.33 | 0.99 | 0.0 | -18.18 | 0.59 | 3050.0 | 336.0 | 4.32 | -5.26 | 3.6 | -0.99 | 9.17 | -1.02 | -0.4 | 63.96 | 67.48 | 0.00 | 0 | 0 |
| 23Q4 (17) | 1.82 | -28.06 | -50.27 | 3.3 | -32.93 | -58.17 | 0.7 | 100.0 | 0 | 0 | 0 | 0 | 4.85 | -11.82 | -51.6 | 0.16 | -66.67 | 150.0 | 5.29 | -14.4 | -32.44 | 22.84 | 4.71 | 53.79 | 3.57 | -7.03 | -43.15 | 0.25 | -44.44 | -80.0 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 7.5 | 0.0 | 0.0 | 3.59 | 0.0 | 11.84 | 0.99 | 0.0 | -18.18 | -0.02 | 89.47 | -100.52 | 4.56 | 3.87 | -44.73 | -1.09 | -13.54 | -10.1 | -1.11 | 3.48 | -139.08 | 0.00 | 0 | 0 |
| 23Q3 (16) | 2.53 | -22.87 | -61.26 | 4.92 | 66.22 | -61.47 | 0.35 | 0.0 | 0 | 0 | 0 | 0 | 5.5 | -14.33 | -61.43 | 0.48 | 284.62 | -47.83 | 6.18 | 20.47 | -32.61 | 21.81 | 57.72 | 32.46 | 3.84 | -1.03 | -44.67 | 0.45 | -21.05 | -66.42 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 7.5 | 0.0 | 0.0 | 3.59 | 0.0 | 11.84 | 0.99 | 0.0 | -18.18 | -0.19 | 71.64 | -104.59 | 4.39 | 12.28 | -48.71 | -0.96 | 13.51 | 7.69 | -1.15 | 35.39 | -137.1 | 0.00 | 0 | 0 |
| 23Q2 (15) | 3.28 | -24.77 | -19.61 | 2.96 | -20.43 | -66.63 | 0.35 | 0 | 0 | 0 | 0 | 0 | 6.42 | 0.47 | -58.9 | -0.26 | 58.73 | -116.99 | 5.13 | 6.43 | -24.56 | 13.83 | 32.83 | 12.05 | 3.88 | -15.47 | -56.98 | 0.57 | -37.36 | -65.87 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 7.5 | 0.0 | 0.0 | 3.59 | 11.84 | 11.84 | 0.99 | -18.18 | -18.18 | -0.67 | -168.0 | -120.81 | 3.91 | -6.24 | -48.82 | -1.11 | -13.27 | 0.0 | -1.78 | -44.72 | -184.36 | 0.00 | 0 | 0 |
| 23Q1 (14) | 4.36 | 19.13 | 14.14 | 3.72 | -52.85 | -60.21 | 0 | 0 | 0 | 0 | 0 | 0 | 6.39 | -36.23 | -50.16 | -0.63 | -96.88 | -137.5 | 4.82 | -38.44 | -44.47 | 10.41 | -29.89 | -42.9 | 4.59 | -26.91 | -48.08 | 0.91 | -27.2 | -42.41 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 7.5 | 0.0 | 0.0 | 3.21 | 0.0 | 12.63 | 1.21 | 0.0 | 49.38 | -0.25 | -106.53 | -110.25 | 4.17 | -49.45 | -31.75 | -0.98 | 1.01 | -2.08 | -1.23 | -143.31 | -183.11 | 0.00 | 0 | 0 |
| 22Q4 (13) | 3.66 | -43.95 | -15.47 | 7.89 | -38.21 | 25.84 | 0 | 0 | 0 | 0 | 0 | 0 | 10.02 | -29.73 | -22.8 | -0.32 | -134.78 | -131.68 | 7.83 | -14.61 | 3.98 | 14.85 | -9.82 | -18.62 | 6.28 | -9.51 | 32.21 | 1.25 | -6.72 | -11.35 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 7.5 | 0.0 | 0.0 | 3.21 | 0.0 | 12.63 | 1.21 | 0.0 | 49.38 | 3.83 | -7.49 | 6.09 | 8.25 | -3.62 | 13.48 | -0.99 | 4.81 | 18.18 | 2.84 | -8.39 | 18.33 | 0.00 | 0 | 0 |
| 22Q3 (12) | 6.53 | 60.05 | 89.28 | 12.77 | 43.97 | 44.78 | 0 | 0 | 0 | 0 | 0 | 0 | 14.26 | -8.71 | 4.32 | 0.92 | -39.87 | -22.03 | 9.17 | 34.85 | 8.14 | 16.47 | 33.42 | -37.15 | 6.94 | -23.06 | 100.0 | 1.34 | -19.76 | -4.29 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 7.5 | 0.0 | 0.0 | 3.21 | 0.0 | 12.63 | 1.21 | 0.0 | 49.38 | 4.14 | 28.57 | 59.23 | 8.56 | 12.04 | 36.74 | -1.04 | 6.31 | 15.45 | 3.1 | 46.92 | 126.28 | 0.00 | 0 | 0 |
| 22Q2 (11) | 4.08 | 6.81 | 73.62 | 8.87 | -5.13 | 37.52 | 0 | 0 | 0 | 0 | 0 | 0 | 15.62 | 21.84 | 92.13 | 1.53 | -8.93 | 73.86 | 6.8 | -21.66 | 40.21 | 12.34 | -32.31 | -38.51 | 9.02 | 2.04 | 114.76 | 1.67 | 5.7 | 17.61 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 7.5 | 0.0 | 0.0 | 3.21 | 12.63 | 17.58 | 1.21 | 49.38 | 61.33 | 3.22 | 31.97 | 100.0 | 7.64 | 25.04 | 50.39 | -1.11 | -15.62 | 1.77 | 2.11 | 42.57 | 339.58 | 0.00 | 0 | 0 |
| 22Q1 (10) | 3.82 | -11.78 | 41.48 | 9.35 | 49.12 | 138.52 | 0 | 0 | 0 | 0 | 0 | 0 | 12.82 | -1.23 | 97.84 | 1.68 | 66.34 | 216.98 | 8.68 | 15.27 | 110.17 | 18.24 | -0.08 | -0.13 | 8.84 | 86.11 | 282.68 | 1.58 | 12.06 | 9.72 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 7.5 | 0.0 | 0.0 | 2.85 | 0.0 | 4.4 | 0.81 | 0.0 | 8.0 | 2.44 | -32.41 | 238.89 | 6.11 | -15.96 | 45.48 | -0.96 | 20.66 | 2.04 | 1.48 | -38.33 | 669.23 | 0.00 | 0 | 0 |
| 21Q4 (9) | 4.33 | 25.51 | 69.14 | 6.27 | -28.91 | 149.8 | 0 | 0 | 0 | 0 | 0 | 0 | 12.98 | -5.05 | 218.14 | 1.01 | -14.41 | 431.58 | 7.53 | -11.2 | 95.08 | 18.25 | -30.36 | 5.67 | 4.75 | 36.89 | 96.28 | 1.41 | 0.71 | -1.4 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 7.5 | 0.0 | 0.0 | 2.85 | 0.0 | 4.4 | 0.81 | 0.0 | 8.0 | 3.61 | 38.85 | 191.13 | 7.27 | 16.13 | 54.35 | -1.21 | 1.63 | -49.38 | 2.4 | 75.18 | 458.14 | 0.00 | 0 | 0 |
| 21Q3 (8) | 3.45 | 46.81 | 21.05 | 8.82 | 36.74 | 148.45 | 0 | 0 | 0 | 0 | 0 | 0 | 13.67 | 68.14 | 149.91 | 1.18 | 34.09 | 180.95 | 8.48 | 74.85 | 57.04 | 26.21 | 30.54 | 29.04 | 3.47 | -17.38 | 46.41 | 1.4 | -1.41 | -11.39 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 7.5 | 0.0 | 0.0 | 2.85 | 4.4 | 4.4 | 0.81 | 8.0 | 8.0 | 2.6 | 61.49 | 147.62 | 6.26 | 23.23 | 38.5 | -1.23 | -8.85 | -17.14 | 1.37 | 185.42 | 0 | 0.00 | 0 | 0 |
| 21Q2 (7) | 2.35 | -12.96 | -38.8 | 6.45 | 64.54 | 57.7 | 0 | 0 | 0 | 0 | 0 | 0 | 8.13 | 25.46 | 23.37 | 0.88 | 66.04 | 203.45 | 4.85 | 17.43 | 3.63 | 20.07 | 9.95 | 0 | 4.2 | 81.82 | 53.85 | 1.42 | -1.39 | -7.79 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 7.5 | 0.0 | 0.0 | 2.73 | 0.0 | 0.0 | 0.75 | 0.0 | 0.0 | 1.61 | 123.61 | 155.56 | 5.08 | 20.95 | 23.9 | -1.13 | -15.31 | -10.78 | 0.48 | 284.62 | 223.08 | 0.00 | 0 | 0 |
| 21Q1 (6) | 2.7 | 5.47 | -31.65 | 3.92 | 56.18 | -23.44 | 0 | 0 | 0 | 0 | 0 | 0 | 6.48 | 58.82 | 4.35 | 0.53 | 178.95 | 60.61 | 4.13 | 6.99 | -1.67 | 18.26 | 5.72 | 0 | 2.31 | -4.55 | -30.21 | 1.44 | 0.7 | -11.11 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 7.5 | 0.0 | 0.0 | 2.73 | 0.0 | 8.76 | 0.75 | 0.0 | 22.95 | 0.72 | -41.94 | -71.54 | 4.2 | -10.83 | -25.53 | -0.98 | -20.99 | 11.71 | -0.26 | -160.47 | -118.31 | 0.00 | 0 | 0 |
| 20Q4 (5) | 2.56 | -10.18 | -45.06 | 2.51 | -29.3 | -60.84 | 0 | 0 | 0 | 0 | 0 | 0 | 4.08 | -25.41 | -50.96 | 0.19 | -54.76 | -62.75 | 3.86 | -28.52 | -2.03 | 17.27 | -14.96 | 0 | 2.42 | 2.11 | -28.61 | 1.43 | -9.49 | -18.29 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 7.5 | 0.0 | 0.0 | 2.73 | 0.0 | 8.76 | 0.75 | 0.0 | 22.95 | 1.24 | 18.1 | -43.38 | 4.71 | 4.2 | -11.3 | -0.81 | 22.86 | -8.0 | 0.43 | 0 | -70.14 | 0.00 | 0 | 0 |
| 20Q3 (4) | 2.85 | -25.78 | 0.0 | 3.55 | -13.2 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 5.47 | -17.0 | 0.0 | 0.42 | 44.83 | 0.0 | 5.4 | 15.38 | 0.0 | 20.31 | 0 | 0.0 | 2.37 | -13.19 | 0.0 | 1.58 | 2.6 | 0.0 | 0 | 0 | 0.0 | 0.01 | 0.0 | 0.0 | 7.5 | 0.0 | 0.0 | 2.73 | 0.0 | 0.0 | 0.75 | 0.0 | 0.0 | 1.05 | 66.67 | 0.0 | 4.52 | 10.24 | 0.0 | -1.05 | -2.94 | 0.0 | 0 | 100.0 | 0.0 | 0.00 | 0 | 0.0 |
