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) | 27.81 | -9.47 | 10.7 | -52.4 | 8.68 | 711.21 | 0 | 0 | 52.32 | -42.39 | -1.0 | 0 | 4.85 | -20.49 | 9.27 | 38.01 | 8.49 | -62.3 | 0 | 0 | 8.07 | -52.56 | 0.13 | 0.0 | 11.9 | 11.21 | 3.32 | 17.31 | 0.35 | -25.53 | 5.91 | -43.55 | 9.59 | -30.36 | -0.52 | 0 | 5.39 | -46.74 | 0.15 | -3.26 |
| 2022 (9) | 30.72 | 63.23 | 22.48 | 17.94 | 1.07 | 72.58 | 0 | 0 | 90.82 | 23.75 | 4.93 | 6.48 | 6.1 | -24.97 | 6.72 | -39.37 | 22.52 | 18.03 | 0 | 0 | 17.01 | -4.11 | 0.13 | 0.0 | 10.7 | 0.0 | 2.83 | 18.91 | 0.47 | 147.37 | 10.47 | 10.44 | 13.77 | 14.37 | -0.35 | 0 | 10.12 | 12.32 | 0.15 | 13.3 |
| 2021 (8) | 18.82 | 167.33 | 19.06 | 23.85 | 0.62 | 24.0 | 0 | 0 | 73.39 | 38.86 | 4.63 | 198.71 | 8.13 | 30.92 | 11.08 | -5.72 | 19.08 | 80.68 | 0 | 0 | 17.74 | 117.67 | 0.13 | 8.33 | 10.7 | 15.05 | 2.38 | 7.21 | 0.19 | -5.0 | 9.48 | 51.44 | 12.04 | 38.71 | -0.47 | 0 | 9.01 | 48.43 | 0.14 | -24.45 |
| 2020 (7) | 7.04 | -8.21 | 15.39 | 50.15 | 0.5 | -62.41 | 0 | 0 | 52.85 | -17.03 | 1.55 | 21.09 | 6.21 | 18.97 | 11.75 | 43.39 | 10.56 | -25.37 | 0 | 0 | 8.15 | 15.28 | 0.12 | 0 | 9.3 | 0.0 | 2.22 | 6.22 | 0.2 | 17.65 | 6.26 | 4.51 | 8.68 | 5.08 | -0.19 | 0 | 6.07 | 4.84 | 0.18 | -0.0 |
| 2019 (6) | 7.67 | 43.63 | 10.25 | -26.94 | 1.33 | -60.65 | 0 | 0 | 63.7 | 0.93 | 1.28 | -67.43 | 5.22 | -26.38 | 8.19 | -27.06 | 14.15 | -15.32 | 0 | 0 | 7.07 | 15.9 | 0 | 0 | 9.3 | 0.11 | 2.09 | 22.94 | 0.17 | 0.0 | 5.99 | -27.39 | 8.26 | -18.38 | -0.2 | 0 | 5.79 | -29.39 | 0.18 | 14.83 |
| 2018 (5) | 5.34 | 14.59 | 14.03 | 51.19 | 3.38 | 29.01 | 0 | 0 | 63.11 | 26.7 | 3.93 | -4.61 | 7.09 | -3.41 | 11.23 | -23.76 | 16.71 | 41.13 | 0 | 0 | 6.1 | -0.16 | 0 | 0 | 9.29 | 7.4 | 1.7 | 31.78 | 0.17 | 0.0 | 8.25 | 12.4 | 10.12 | 15.0 | -0.05 | 0 | 8.2 | 11.87 | 0.16 | 20.7 |
| 2017 (4) | 4.66 | 18.58 | 9.28 | 15.86 | 2.62 | 162.0 | 0 | 0 | 49.81 | 24.71 | 4.12 | 89.86 | 7.34 | 18.58 | 14.74 | -4.92 | 11.84 | 39.95 | 0 | 0 | 6.11 | -45.3 | 0 | 0 | 8.65 | 14.27 | 1.29 | 20.56 | 0.17 | 0.0 | 7.34 | 33.45 | 8.8 | 30.37 | -0.01 | 0 | 7.33 | 34.99 | 0.13 | 3.7 |
| 2016 (3) | 3.93 | -0.25 | 8.01 | 9.58 | 1.0 | 21.95 | 0 | 0 | 39.94 | 2.25 | 2.17 | 88.7 | 6.19 | 32.55 | 15.50 | 29.63 | 8.46 | -11.04 | 0 | 0 | 11.17 | -4.2 | 0 | 0 | 7.57 | 7.68 | 1.07 | 11.46 | 0.17 | 0.0 | 5.5 | 18.53 | 6.75 | 16.98 | -0.07 | 0 | 5.43 | 12.19 | 0.13 | -52.3 |
| 2015 (2) | 3.94 | 15.88 | 7.31 | -47.18 | 0.82 | -63.72 | 0 | 0 | 39.06 | 31.6 | 1.15 | -41.03 | 4.67 | 16.75 | 11.96 | -11.29 | 9.51 | 4.62 | 0 | 0 | 11.66 | 383.82 | 0.01 | -50.0 | 7.03 | 14.12 | 0.96 | 26.32 | 0.17 | 0.0 | 4.64 | 5.22 | 5.77 | 8.05 | 0.2 | -28.57 | 4.84 | 3.2 | 0.26 | -8.97 |
| 2014 (1) | 3.4 | 12.58 | 13.84 | 67.15 | 2.26 | 976.19 | 0 | 0 | 29.68 | 23.62 | 1.95 | 1200.0 | 4.0 | 65.29 | 13.48 | 33.71 | 9.09 | 40.71 | 0 | 0 | 2.41 | -39.9 | 0.02 | 0.0 | 6.16 | 20.55 | 0.76 | 1.33 | 0.17 | 0.0 | 4.41 | 61.54 | 5.34 | 46.3 | 0.28 | 600.0 | 4.69 | 69.31 | 0.29 | -3.79 |
| 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) | 26.06 | -10.01 | 7.42 | 6.77 | -4.51 | -30.64 | 8.91 | 1.02 | 450.0 | 0 | 0 | 0 | 9.97 | -9.69 | -13.38 | 0.39 | -30.36 | 295.0 | 5.67 | -10.85 | -9.42 | 13.27 | -7.64 | 22.23 | 8.36 | 11.47 | -33.33 | 0 | 0 | 0 | 6.53 | -7.51 | -57.57 | 0 | -100.0 | -100.0 | 11.9 | 0.0 | 0.0 | 0 | -100.0 | -100.0 | 0 | -100.0 | -100.0 | 0 | -100.0 | -100.0 | 10.3 | 3.94 | 4.25 | -0.07 | 69.57 | 76.67 | -0.07 | -101.2 | -101.18 | 0.15 | 0.14 | 5.78 |
| 24Q2 (19) | 28.96 | 11.69 | 34.95 | 7.09 | 25.04 | -58.54 | 8.82 | 1.03 | 469.03 | 0 | 0 | 0 | 11.04 | 1.28 | -24.59 | 0.56 | 5.66 | 1020.0 | 6.36 | 16.7 | 14.39 | 14.37 | 26.19 | 76.18 | 7.5 | -6.6 | -38.37 | 0 | 0 | 0 | 7.06 | -6.98 | -55.9 | 0.13 | 0.0 | 0.0 | 11.9 | 0.0 | 11.21 | 3.32 | 0.0 | 0.0 | 0.52 | 48.57 | 48.57 | 6.07 | -5.75 | -5.3 | 9.91 | -2.08 | -1.78 | -0.23 | 45.24 | 48.89 | 5.84 | -2.99 | -2.01 | 0.15 | 2.1 | -7.22 |
| 24Q1 (18) | 25.93 | -6.76 | 14.84 | 5.67 | -47.01 | -64.5 | 8.73 | 0.58 | 571.54 | 0 | 0 | 0 | 10.9 | 0.83 | -29.04 | 0.53 | 270.97 | 196.36 | 5.45 | 12.37 | -6.84 | 11.39 | 22.84 | 58.84 | 8.03 | -5.42 | -54.32 | 0 | 0 | 0 | 7.59 | -5.95 | -54.06 | 0.13 | 0.0 | 0.0 | 11.9 | 0.0 | 11.21 | 3.32 | 0.0 | 17.31 | 0.35 | 0.0 | -25.53 | 6.44 | 8.97 | -35.02 | 10.12 | 5.53 | -23.39 | -0.42 | 19.23 | -23.53 | 6.02 | 11.69 | -37.1 | 0.15 | 0.54 | -4.72 |
| 23Q4 (17) | 27.81 | 14.63 | -9.47 | 10.7 | 9.63 | -52.4 | 8.68 | 435.8 | 711.21 | 0 | 0 | 0 | 10.81 | -6.08 | -33.02 | -0.31 | -55.0 | -321.43 | 4.85 | -22.52 | -20.49 | 9.27 | -14.63 | 38.0 | 8.49 | -32.3 | -62.3 | 0 | 0 | 0 | 8.07 | -47.56 | -52.56 | 0.13 | 0.0 | 0.0 | 11.9 | 0.0 | 11.21 | 3.32 | 0.0 | 17.31 | 0.35 | 0.0 | -25.53 | 5.91 | -4.83 | -43.55 | 9.59 | -2.94 | -30.36 | -0.52 | -73.33 | -48.57 | 5.39 | -8.8 | -46.74 | 0.15 | 2.91 | -3.26 |
| 23Q3 (16) | 24.26 | 13.05 | -21.03 | 9.76 | -42.92 | -44.98 | 1.62 | 4.52 | 51.4 | 0 | 0 | 0 | 11.51 | -21.38 | -47.75 | -0.2 | -500.0 | -118.52 | 6.26 | 12.59 | -21.95 | 10.86 | 33.14 | 27.32 | 12.54 | 3.04 | -36.22 | 0 | 0 | 0 | 15.39 | -3.87 | -10.89 | 0.13 | 0.0 | 0.0 | 11.9 | 11.21 | 11.21 | 3.32 | 0.0 | 17.31 | 0.35 | 0.0 | -25.53 | 6.21 | -3.12 | -39.83 | 9.88 | -2.08 | -27.41 | -0.3 | 33.33 | -30.43 | 5.91 | -0.84 | -41.43 | 0.15 | -12.17 | -3.74 |
| 23Q2 (15) | 21.46 | -4.96 | -11.98 | 17.1 | 7.08 | -29.05 | 1.55 | 19.23 | 44.86 | 0 | 0 | 0 | 14.64 | -4.69 | -47.84 | 0.05 | 109.09 | -97.34 | 5.56 | -4.96 | -58.29 | 8.16 | 13.77 | -44.41 | 12.17 | -30.77 | -48.21 | 0 | 0 | 0 | 16.01 | -3.09 | -8.67 | 0.13 | 0.0 | 0.0 | 10.7 | 0.0 | 0.0 | 3.32 | 17.31 | 17.31 | 0.35 | -25.53 | -25.53 | 6.41 | -35.32 | -30.78 | 10.09 | -23.62 | -19.67 | -0.45 | -32.35 | -32.35 | 5.96 | -37.72 | -33.18 | 0.17 | 4.85 | 21.09 |
| 23Q1 (14) | 22.58 | -26.5 | 3.58 | 15.97 | -28.96 | -28.83 | 1.3 | 21.5 | 46.07 | 0 | 0 | 0 | 15.36 | -4.83 | -37.48 | -0.55 | -492.86 | -130.05 | 5.85 | -4.1 | -39.44 | 7.17 | 6.73 | -39.86 | 17.58 | -21.94 | -18.46 | 0 | 0 | 0 | 16.52 | -2.88 | -7.09 | 0.13 | 0.0 | 0.0 | 10.7 | 0.0 | 0.0 | 2.83 | 0.0 | 18.91 | 0.47 | 0.0 | 147.37 | 9.91 | -5.35 | -12.38 | 13.21 | -4.07 | -4.76 | -0.34 | 2.86 | -17.24 | 9.57 | -5.43 | -13.16 | 0.16 | 2.08 | 19.48 |
| 22Q4 (13) | 30.72 | 0.0 | 63.23 | 22.48 | 26.72 | 17.94 | 1.07 | 0.0 | 72.58 | 0 | 0 | 0 | 16.14 | -26.74 | -16.68 | 0.14 | -87.04 | -87.61 | 6.1 | -23.94 | -24.97 | 6.72 | -21.23 | -39.36 | 22.52 | 14.55 | 18.03 | 0 | 0 | 0 | 17.01 | -1.51 | -4.11 | 0.13 | 0.0 | 0.0 | 10.7 | 0.0 | 0.0 | 2.83 | 0.0 | 18.91 | 0.47 | 0.0 | 147.37 | 10.47 | 1.45 | 10.44 | 13.77 | 1.18 | 14.37 | -0.35 | -52.17 | 25.53 | 10.12 | 0.3 | 12.32 | 0.15 | 2.39 | 13.3 |
| 22Q3 (12) | 30.72 | 26.0 | 128.74 | 17.74 | -26.39 | -29.13 | 1.07 | 0.0 | 197.22 | 0 | 0 | 0 | 22.03 | -21.52 | 16.93 | 1.08 | -42.55 | -22.86 | 8.02 | -39.83 | -17.91 | 8.53 | -41.88 | -41.79 | 19.66 | -16.34 | 7.2 | 0 | 0 | 0 | 17.27 | -1.48 | 86.9 | 0.13 | 0.0 | 0.0 | 10.7 | 0.0 | 3.88 | 2.83 | 0.0 | 18.91 | 0.47 | 0.0 | 147.37 | 10.32 | 11.45 | 22.86 | 13.61 | 8.36 | 24.18 | -0.23 | 32.35 | 53.06 | 10.09 | 13.12 | 27.56 | 0.15 | 10.49 | -3.81 |
| 22Q2 (11) | 24.38 | 11.83 | 69.19 | 24.1 | 7.4 | 16.2 | 1.07 | 20.22 | 1088.89 | 0 | 0 | 0 | 28.07 | 14.25 | 53.81 | 1.88 | 2.73 | 64.91 | 13.33 | 37.99 | 65.18 | 14.67 | 23.08 | 12.94 | 23.5 | 9.0 | 102.24 | 0 | 0 | 0 | 17.53 | -1.41 | 95.21 | 0.13 | 0.0 | 0.0 | 10.7 | 0.0 | 3.88 | 2.83 | 18.91 | 27.48 | 0.47 | 147.37 | 135.0 | 9.26 | -18.13 | 10.77 | 12.56 | -9.44 | 16.51 | -0.34 | -17.24 | -61.9 | 8.92 | -19.06 | 9.45 | 0.14 | 3.46 | -14.53 |
| 22Q1 (10) | 21.8 | 15.83 | 80.31 | 22.44 | 17.73 | 17.55 | 0.89 | 43.55 | 256.0 | 0 | 0 | 0 | 24.57 | 26.85 | 45.13 | 1.83 | 61.95 | 90.62 | 9.66 | 18.82 | 30.01 | 11.92 | 7.62 | -9.83 | 21.56 | 13.0 | 58.76 | 0 | 0 | 0 | 17.78 | 0.23 | 113.45 | 0.13 | 0.0 | -23.53 | 10.7 | 0.0 | 3.88 | 2.38 | 0.0 | 7.21 | 0.19 | 0.0 | -5.0 | 11.31 | 19.3 | 56.65 | 13.87 | 15.2 | 43.88 | -0.29 | 38.3 | -107.14 | 11.02 | 22.31 | 55.65 | 0.13 | -3.2 | -18.26 |
| 21Q4 (9) | 18.82 | 40.13 | 167.33 | 19.06 | -23.85 | 23.85 | 0.62 | 72.22 | 24.0 | 0 | 0 | 0 | 19.37 | 2.81 | 53.0 | 1.13 | -19.29 | 66.18 | 8.13 | -16.79 | 30.92 | 11.08 | -24.39 | -5.72 | 19.08 | 4.03 | 80.68 | 0 | 0 | 0 | 17.74 | 91.99 | 117.67 | 0.13 | 0.0 | 8.33 | 10.7 | 3.88 | 15.05 | 2.38 | 0.0 | 7.21 | 0.19 | 0.0 | -5.0 | 9.48 | 12.86 | 51.44 | 12.04 | 9.85 | 38.71 | -0.47 | 4.08 | -147.37 | 9.01 | 13.91 | 48.43 | 0.14 | -13.06 | -24.45 |
| 21Q3 (8) | 13.43 | -6.8 | 118.37 | 25.03 | 20.68 | 127.96 | 0.36 | 300.0 | -52.0 | 0 | 0 | 0 | 18.84 | 3.23 | 31.93 | 1.4 | 22.81 | 102.9 | 9.77 | 21.07 | 74.15 | 14.65 | 12.79 | 47.02 | 18.34 | 57.83 | 71.24 | 0 | 0 | 0 | 9.24 | 2.9 | 33.33 | 0.13 | 0.0 | 0 | 10.3 | 0.0 | 10.75 | 2.38 | 7.21 | 7.21 | 0.19 | -5.0 | -5.0 | 8.4 | 0.48 | 50.27 | 10.96 | 1.67 | 36.83 | -0.49 | -133.33 | -63.33 | 7.91 | -2.94 | 49.53 | 0.16 | -1.83 | -15.07 |
| 21Q2 (7) | 14.41 | 19.19 | 101.26 | 20.74 | 8.64 | 65.92 | 0.09 | -64.0 | -91.0 | 0 | 0 | 0 | 18.25 | 7.8 | 48.01 | 1.14 | 18.75 | 2750.0 | 8.07 | 8.61 | 28.71 | 12.99 | -1.74 | 0 | 11.62 | -14.43 | 3.38 | 0 | 0 | 0 | 8.98 | 7.8 | 36.68 | 0.13 | -23.53 | 0 | 10.3 | 0.0 | 10.75 | 2.22 | 0.0 | 0.0 | 0.2 | 0.0 | 0.0 | 8.36 | 15.79 | 70.61 | 10.78 | 11.83 | 47.27 | -0.21 | -50.0 | 36.36 | 8.15 | 15.11 | 78.34 | 0.16 | -1.06 | -14.81 |
| 21Q1 (6) | 12.09 | 71.73 | 37.54 | 19.09 | 24.04 | 51.15 | 0.25 | -50.0 | -75.0 | 0 | 0 | 0 | 16.93 | 33.73 | 24.67 | 0.96 | 41.18 | 585.71 | 7.43 | 19.65 | 8.63 | 13.22 | 12.51 | 0 | 13.58 | 28.6 | 12.42 | 0 | 0 | 0 | 8.33 | 2.21 | 22.14 | 0.17 | 41.67 | 0 | 10.3 | 10.75 | 10.75 | 2.22 | 0.0 | 6.22 | 0.2 | 0.0 | 17.65 | 7.22 | 15.34 | 17.78 | 9.64 | 11.06 | 14.9 | -0.14 | 26.32 | 46.15 | 7.08 | 16.64 | 20.61 | 0.16 | -10.52 | -10.64 |
| 20Q4 (5) | 7.04 | 14.47 | -8.21 | 15.39 | 40.16 | 50.15 | 0.5 | -33.33 | -62.41 | 0 | 0 | 0 | 12.66 | -11.34 | -21.37 | 0.68 | -1.45 | 100.0 | 6.21 | 10.7 | 18.97 | 11.75 | 17.9 | 0 | 10.56 | -1.4 | -25.37 | 0 | 0 | 0 | 8.15 | 17.6 | 15.28 | 0.12 | 0 | 0 | 9.3 | 0.0 | 0.0 | 2.22 | 0.0 | 6.22 | 0.2 | 0.0 | 17.65 | 6.26 | 11.99 | 4.51 | 8.68 | 8.36 | 5.08 | -0.19 | 36.67 | 5.0 | 6.07 | 14.74 | 4.84 | 0.18 | -2.27 | -0.0 |
| 20Q3 (4) | 6.15 | -14.11 | 0.0 | 10.98 | -12.16 | 0.0 | 0.75 | -25.0 | 0.0 | 0 | 0 | 0.0 | 14.28 | 15.82 | 0.0 | 0.69 | 1625.0 | 0.0 | 5.61 | -10.53 | 0.0 | 9.97 | 0 | 0.0 | 10.71 | -4.72 | 0.0 | 0 | 0 | 0.0 | 6.93 | 5.48 | 0.0 | 0 | 0 | 0.0 | 9.3 | 0.0 | 0.0 | 2.22 | 0.0 | 0.0 | 0.2 | 0.0 | 0.0 | 5.59 | 14.08 | 0.0 | 8.01 | 9.43 | 0.0 | -0.3 | 9.09 | 0.0 | 5.29 | 15.75 | 0.0 | 0.18 | -1.54 | 0.0 |
