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) | 5.19 | -60.77 | 0 | 0 | 1.26 | 18.87 | 0 | 0 | 6.53 | -10.79 | -6.83 | 0 | 0.51 | -26.09 | 7.81 | -17.14 | 1.12 | -54.66 | 1.91 | -4.02 | 5.3 | -19.21 | 0.43 | -14.0 | 20.58 | 0.24 | 0 | 0 | 0 | 0 | -6.83 | 0 | -6.83 | 0 | -0.02 | 0 | -6.85 | 0 | 0.00 | 0 |
| 2022 (9) | 13.23 | 360.98 | 1.0 | 100.0 | 1.06 | 562.5 | 0 | 0 | 7.32 | -5.43 | -4.54 | 0 | 0.69 | -46.92 | 9.43 | -43.88 | 2.47 | 42.77 | 1.99 | 0 | 6.56 | 38.4 | 0.5 | -13.79 | 20.53 | 33.92 | 0 | 0 | 0 | 0 | -4.07 | 0 | -4.07 | 0 | -0.09 | 0 | -4.16 | 0 | 0.00 | 0 |
| 2021 (8) | 2.87 | -1.37 | 0.5 | -50.0 | 0.16 | 0 | 0 | 0 | 7.74 | 16.39 | -0.9 | 0 | 1.3 | 94.03 | 16.80 | 66.71 | 1.73 | 103.53 | 0 | 0 | 4.74 | 0 | 0.58 | -4.92 | 15.33 | 19.49 | 0 | 0 | 0 | 0 | -2.54 | 0 | -2.54 | 0 | 0.51 | -38.55 | -2.03 | 0 | 0.00 | 0 |
| 2020 (7) | 2.91 | 50.0 | 1.0 | 0 | 0 | 0 | 0 | 0 | 6.65 | 70.08 | 0.31 | 0 | 0.67 | -35.58 | 10.08 | -62.12 | 0.85 | 51.79 | 0 | 0 | 0 | 0 | 0.61 | -18.67 | 12.83 | 0.23 | 0 | 0 | 0 | 0 | -2.07 | 0 | -2.07 | 0 | 0.83 | 137.14 | -1.24 | 0 | 0.00 | 0 |
| 2019 (6) | 1.94 | -10.19 | 0 | 0 | 0 | 0 | 0 | 0 | 3.91 | 85.31 | -2.18 | 0 | 1.04 | 103.92 | 26.60 | 10.04 | 0.56 | -6.67 | 0 | 0 | 0 | 0 | 0.75 | 476.92 | 12.8 | 16.36 | 0 | 0 | 0 | 0 | -4.73 | 0 | -4.73 | 0 | 0.35 | 34.62 | -4.38 | 0 | 0.00 | 0 |
| 2018 (5) | 2.16 | -36.84 | 0 | 0 | 0 | 0 | 0 | 0 | 2.11 | -33.86 | -2.74 | 0 | 0.51 | -26.09 | 24.17 | 11.75 | 0.6 | 30.43 | 0 | 0 | 0 | 0 | 0.13 | 550.0 | 11.0 | -1.96 | 0 | 0 | 0 | 0 | -5.2 | 0 | -5.2 | 0 | 0.26 | 0 | -4.94 | 0 | 0.00 | 0 |
| 2017 (4) | 3.42 | 10.32 | 0 | 0 | 0 | 0 | 0 | 0 | 3.19 | 58.71 | -1.88 | 0 | 0.69 | 43.75 | 21.63 | -9.42 | 0.46 | -8.0 | 0 | 0 | 0.38 | 0 | 0.02 | 0.0 | 11.22 | 0.09 | 0 | 0 | 0 | 0 | -1.89 | 0 | -1.89 | 0 | 0 | 0 | -1.89 | 0 | 0.00 | 0 |
| 2016 (3) | 3.1 | 1.31 | 0 | 0 | 0 | 0 | 0 | 0 | 2.01 | 48.89 | -1.58 | 0 | 0.48 | 152.63 | 23.88 | 69.68 | 0.5 | 117.39 | 0 | 0 | 0 | 0 | 0.02 | 100.0 | 11.21 | 0.27 | 0 | 0 | 0 | 0 | -3.57 | 0 | -3.57 | 0 | 0 | 0 | -3.57 | 0 | 0.00 | 0 |
| 2015 (2) | 3.06 | 28.03 | 0 | 0 | 0 | 0 | 0 | 0 | 1.35 | 19.47 | -1.11 | 0 | 0.19 | -57.78 | 14.07 | -64.66 | 0.23 | 53.33 | 0 | 0 | 0 | 0 | 0.01 | -50.0 | 11.18 | 0.63 | 0 | 0 | 0 | 0 | -1.98 | 0 | -1.98 | 0 | 0 | 0 | -1.98 | 0 | 0.00 | 0 |
| 2014 (1) | 2.39 | -77.97 | 0 | 0 | 0 | 0 | 0 | 0 | 1.13 | 76.56 | -0.87 | 0 | 0.45 | 800.0 | 39.82 | 409.73 | 0.15 | 15.38 | 0 | 0 | 0 | 0 | 0.02 | -33.33 | 11.11 | 0.73 | 0 | 0 | 0 | 0 | -0.88 | 0 | -0.88 | 0 | 0 | 0 | -0.88 | 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) | 3.96 | -14.29 | -6.38 | 0 | 0 | 0 | 1.45 | 18.85 | 15.08 | 0 | 0 | 0 | 2.09 | 3.98 | 84.96 | -1.47 | -44.12 | -20.49 | 0.52 | -45.83 | -17.46 | 7.73 | -53.56 | -18.44 | 0.73 | -27.0 | -45.93 | 1.8 | -2.17 | -7.22 | 6.59 | -6.79 | 17.26 | 0.38 | -5.0 | -15.56 | 20.66 | 0.0 | 0.29 | 0 | 0 | 0 | 0 | 0 | 0 | -3.84 | -62.03 | 27.55 | -3.84 | -62.03 | 27.55 | -0.02 | 0.0 | 66.67 | -3.86 | -61.51 | 27.99 | 0.00 | 0 | 0 |
| 24Q2 (19) | 4.62 | 79.77 | -48.38 | 0 | 0 | 0 | 1.22 | 23.23 | 2.52 | 0 | 0 | 0 | 2.01 | 151.25 | -7.8 | -1.02 | 25.0 | 38.92 | 0.96 | 60.0 | 54.84 | 16.64 | 64.71 | 90.8 | 1.0 | -9.91 | -39.76 | 1.84 | -2.13 | -6.12 | 7.07 | 34.41 | 19.22 | 0.4 | -2.44 | -14.89 | 20.66 | 0.24 | 0.15 | 0 | 0 | 0 | 0 | 0 | 0 | -2.37 | 71.03 | 41.91 | -2.37 | 71.03 | 41.91 | -0.02 | 0.0 | 71.43 | -2.39 | 70.85 | 42.41 | 0.00 | 0 | 0 |
| 24Q1 (18) | 2.57 | -50.48 | -76.59 | 0 | 0 | -100.0 | 0.99 | -21.43 | -12.39 | 0 | 0 | 0 | 0.8 | -56.28 | -42.03 | -1.36 | 10.53 | 43.57 | 0.6 | 17.65 | -10.45 | 10.10 | 29.13 | -2.76 | 1.11 | -0.89 | -52.97 | 1.88 | -1.57 | -5.53 | 5.26 | -0.75 | -15.84 | 0.41 | -4.65 | -12.77 | 20.61 | 0.15 | 0.24 | 0 | 0 | 0 | 0 | 0 | 0 | -8.18 | -19.77 | -26.23 | -8.18 | -19.77 | -26.23 | -0.02 | 0.0 | 75.0 | -8.2 | -19.71 | -25.0 | 0.00 | 0 | 0 |
| 23Q4 (17) | 5.19 | 22.7 | -60.77 | 0 | 0 | -100.0 | 1.26 | 0.0 | 18.87 | 0 | 0 | 0 | 1.83 | 61.95 | -6.63 | -1.52 | -24.59 | 16.94 | 0.51 | -19.05 | -26.09 | 7.82 | -17.43 | -16.9 | 1.12 | -17.04 | -54.66 | 1.91 | -1.55 | -4.02 | 5.3 | -5.69 | -19.21 | 0.43 | -4.44 | -14.0 | 20.58 | -0.1 | 0.24 | 0 | 0 | 0 | 0 | 0 | 0 | -6.83 | -28.87 | -67.81 | -6.83 | -28.87 | -67.81 | -0.02 | 66.67 | 77.78 | -6.85 | -27.8 | -64.66 | 0.00 | 0 | 0 |
| 23Q3 (16) | 4.23 | -52.74 | -5.16 | 0 | 0 | -100.0 | 1.26 | 5.88 | 27.27 | 0 | 0 | 0 | 1.13 | -48.17 | -28.93 | -1.22 | 26.95 | 29.48 | 0.63 | 1.61 | -53.33 | 9.47 | 8.64 | -46.81 | 1.35 | -18.67 | -40.27 | 1.94 | -1.02 | 0 | 5.62 | -5.23 | -16.74 | 0.45 | -4.26 | -19.64 | 20.6 | -0.15 | 13.5 | 0 | 0 | 0 | 0 | 0 | 0 | -5.3 | -29.9 | -135.56 | -5.3 | -29.9 | -135.56 | -0.06 | 14.29 | 64.71 | -5.36 | -29.16 | -121.49 | 0.00 | 0 | 0 |
| 23Q2 (15) | 8.95 | -18.49 | 391.76 | 0 | -100.0 | 0 | 1.19 | 5.31 | 60.81 | 0 | 0 | 0 | 2.18 | 57.97 | 43.42 | -1.67 | 30.71 | -43.97 | 0.62 | -7.46 | 14.81 | 8.72 | -16.05 | 21.6 | 1.66 | -29.66 | -24.89 | 1.96 | -1.51 | 0 | 5.93 | -5.12 | -8.2 | 0.47 | 0.0 | -20.34 | 20.63 | 0.34 | 33.79 | 0 | 0 | 0 | 0 | 0 | 0 | -4.08 | 37.04 | -684.62 | -4.08 | 37.04 | -684.62 | -0.07 | 12.5 | 0 | -4.15 | 36.74 | -698.08 | 0.00 | 0 | 0 |
| 23Q1 (14) | 10.98 | -17.01 | 168.46 | 0.6 | -40.0 | -78.57 | 1.13 | 6.6 | 264.52 | 0 | 0 | 0 | 1.38 | -29.59 | -38.94 | -2.41 | -31.69 | -1438.89 | 0.67 | -2.9 | -1.47 | 10.39 | 10.35 | 8.15 | 2.36 | -4.45 | 15.69 | 1.99 | 0.0 | 0 | 6.25 | -4.73 | 36.17 | 0.47 | -6.0 | -21.67 | 20.56 | 0.15 | 32.56 | 0 | 0 | 0 | 0 | 0 | 0 | -6.48 | -59.21 | -174.58 | -6.48 | -59.21 | -174.58 | -0.08 | 11.11 | -118.6 | -6.56 | -57.69 | -239.9 | 0.00 | 0 | 0 |
| 22Q4 (13) | 13.23 | 196.64 | 360.98 | 1.0 | -56.52 | 100.0 | 1.06 | 7.07 | 562.5 | 0 | 0 | 0 | 1.96 | 23.27 | -11.31 | -1.83 | -5.78 | -226.79 | 0.69 | -48.89 | -46.92 | 9.41 | -47.15 | -43.95 | 2.47 | 9.29 | 42.77 | 1.99 | 0 | 0 | 6.56 | -2.81 | 38.4 | 0.5 | -10.71 | -13.79 | 20.53 | 13.11 | 33.92 | 0 | 0 | 0 | 0 | 0 | 0 | -4.07 | -80.89 | -60.24 | -4.07 | -80.89 | -60.24 | -0.09 | 47.06 | -117.65 | -4.16 | -71.9 | -104.93 | 0.00 | 0 | 0 |
| 22Q3 (12) | 4.46 | 145.05 | 36.81 | 2.3 | 0 | -23.33 | 0.99 | 33.78 | 0 | 0 | 0 | 0 | 1.59 | 4.61 | 3.25 | -1.73 | -49.14 | -118.99 | 1.35 | 150.0 | 62.65 | 17.81 | 148.35 | 56.86 | 2.26 | 2.26 | 23.5 | 0 | 0 | 0 | 6.75 | 4.49 | 0 | 0.56 | -5.08 | -12.5 | 18.15 | 17.7 | 18.32 | 0 | 0 | 0 | 0 | 0 | 0 | -2.25 | -332.69 | -13.07 | -2.25 | -332.69 | -13.07 | -0.17 | 0 | -143.59 | -2.42 | -365.38 | -51.25 | 0.00 | 0 | 0 |
| 22Q2 (11) | 1.82 | -55.5 | -70.41 | 0 | -100.0 | 0 | 0.74 | 138.71 | 0 | 0 | 0 | 0 | 1.52 | -32.74 | 42.06 | -1.16 | -744.44 | -68.12 | 0.54 | -20.59 | -11.48 | 7.17 | -25.33 | -14.77 | 2.21 | 8.33 | 40.76 | 0 | 0 | 0 | 6.46 | 40.74 | 0 | 0.59 | -1.67 | 0.0 | 15.42 | -0.58 | 0.46 | 0 | 0 | 0 | 0 | 0 | 0 | -0.52 | 77.97 | 57.38 | -0.52 | 77.97 | 57.38 | 0 | -100.0 | -100.0 | -0.52 | 73.06 | 30.67 | 0.00 | 0 | 0 |
| 22Q1 (10) | 4.09 | 42.51 | -54.15 | 2.8 | 460.0 | 0 | 0.31 | 93.75 | 0 | 0 | 0 | 0 | 2.26 | 2.26 | -22.6 | 0.18 | 132.14 | -84.21 | 0.68 | -47.69 | -25.27 | 9.60 | -42.82 | -6.38 | 2.04 | 17.92 | 51.11 | 0 | 0 | 0 | 4.59 | -3.16 | 0 | 0.6 | 3.45 | 5.26 | 15.51 | 1.17 | 1.17 | 0 | 0 | 0 | 0 | 0 | 0 | -2.36 | 7.09 | -210.53 | -2.36 | 7.09 | -210.53 | 0.43 | -15.69 | -41.89 | -1.93 | 4.93 | -9550.0 | 0.00 | 0 | 0 |
| 21Q4 (9) | 2.87 | -11.96 | -1.37 | 0.5 | -83.33 | -50.0 | 0.16 | 0 | 0 | 0 | 0 | 0 | 2.21 | 43.51 | 24.16 | -0.56 | 29.11 | -366.67 | 1.3 | 56.63 | 94.03 | 16.80 | 47.93 | 66.71 | 1.73 | -5.46 | 103.53 | 0 | 0 | 0 | 4.74 | 0 | 0 | 0.58 | -9.38 | -4.92 | 15.33 | -0.07 | 19.49 | 0 | 0 | 0 | 0 | 0 | 0 | -2.54 | -27.64 | -22.71 | -2.54 | -27.64 | -22.71 | 0.51 | 30.77 | -38.55 | -2.03 | -26.88 | -63.71 | 0.00 | 0 | 0 |
| 21Q3 (8) | 3.26 | -46.99 | 49.54 | 3.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.54 | 43.93 | 4.05 | -0.79 | -14.49 | -464.29 | 0.83 | 36.07 | -3.49 | 11.35 | 34.95 | -18.41 | 1.83 | 16.56 | 128.75 | 0 | 0 | 0 | 0 | 0 | 0 | 0.64 | 8.47 | 1.59 | 15.34 | -0.07 | 19.01 | 0 | 0 | 0 | 0 | 0 | 0 | -1.99 | -63.11 | -2.05 | -1.99 | -63.11 | -2.05 | 0.39 | -17.02 | -58.95 | -1.6 | -113.33 | -60.0 | 0.00 | 0 | 0 |
| 21Q2 (7) | 6.15 | -31.05 | 102.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.07 | -63.36 | -60.22 | -0.69 | -160.53 | -187.34 | 0.61 | -32.97 | 5.17 | 8.41 | -17.99 | 0 | 1.57 | 16.3 | 124.29 | 0 | 0 | 0 | 0 | 0 | 0 | 0.59 | 3.51 | -11.94 | 15.35 | 0.13 | 19.92 | 0 | 0 | 0 | 0 | 0 | 0 | -1.22 | -60.53 | 37.11 | -1.22 | -60.53 | 37.11 | 0.47 | -36.49 | -56.48 | -0.75 | -3650.0 | 12.79 | 0.00 | 0 | 0 |
| 21Q1 (6) | 8.92 | 206.53 | 136.6 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.92 | 64.04 | 317.14 | 1.14 | 1050.0 | 618.18 | 0.91 | 35.82 | 111.63 | 10.26 | 1.83 | 0 | 1.35 | 58.82 | 132.76 | 0 | 0 | 0 | 0 | 0 | 0 | 0.57 | -6.56 | -19.72 | 15.33 | 19.49 | 19.77 | 0 | 0 | 0 | 0 | 0 | 0 | -0.76 | 63.29 | 84.65 | -0.76 | 63.29 | 84.65 | 0.74 | -10.84 | 7500.0 | -0.02 | 98.39 | 99.6 | 0.00 | 0 | 0 |
| 20Q4 (5) | 2.91 | 33.49 | 50.0 | 1.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.78 | 20.27 | 35.88 | -0.12 | 14.29 | 72.09 | 0.67 | -22.09 | -35.58 | 10.08 | -27.6 | 0 | 0.85 | 6.25 | 51.79 | 0 | 0 | 0 | 0 | 0 | 0 | 0.61 | -3.17 | -18.67 | 12.83 | -0.47 | 0.23 | 0 | 0 | 0 | 0 | 0 | 0 | -2.07 | -6.15 | 56.24 | -2.07 | -6.15 | 56.24 | 0.83 | -12.63 | 137.14 | -1.24 | -24.0 | 71.69 | 0.00 | 0 | 0 |
| 20Q3 (4) | 2.18 | -28.29 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 1.48 | -44.98 | 0.0 | -0.14 | -117.72 | 0.0 | 0.86 | 48.28 | 0.0 | 13.92 | 0 | 0.0 | 0.8 | 14.29 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0.63 | -5.97 | 0.0 | 12.89 | 0.7 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | -1.95 | -0.52 | 0.0 | -1.95 | -0.52 | 0.0 | 0.95 | -12.04 | 0.0 | -1.0 | -16.28 | 0.0 | 0.00 | 0 | 0.0 |
