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) | 15.26 | 19.31 | 14.34 | -1.1 | 4.49 | -27.46 | 0 | 0 | 43.6 | 15.77 | 1.26 | -69.19 | 9.6 | 18.23 | 22.02 | 2.12 | 15.97 | -0.31 | 0.2 | 33.33 | 20.38 | 24.42 | 2.04 | -8.52 | 12.03 | 0.0 | 4.86 | 9.21 | 0.55 | 0 | 22.69 | -4.02 | 28.1 | 0.04 | 0.06 | 0 | 22.75 | -3.52 | 0.08 | 119.85 |
| 2022 (9) | 12.79 | 75.21 | 14.5 | 42.58 | 6.19 | 117.19 | 0 | 0 | 37.66 | 19.86 | 4.09 | -67.25 | 8.12 | 4.91 | 21.56 | -12.47 | 16.02 | -2.26 | 0.15 | 87.5 | 16.38 | -14.11 | 2.23 | -10.08 | 12.03 | 0.0 | 4.45 | 39.06 | 0 | 0 | 23.64 | 1.9 | 28.09 | 6.4 | -0.06 | 0 | 23.58 | -0.46 | 0.04 | 30.02 |
| 2021 (8) | 7.3 | 25.65 | 10.17 | -7.38 | 2.85 | -71.78 | 0 | 0 | 31.42 | 2.18 | 12.49 | 212.25 | 7.74 | 1.98 | 24.63 | -0.2 | 16.39 | 12.96 | 0.08 | 700.0 | 19.07 | 3.3 | 2.48 | -7.46 | 12.03 | 11.08 | 3.2 | 14.29 | 0 | 0 | 23.2 | 109.2 | 26.4 | 89.93 | 0.49 | 0 | 23.69 | 113.62 | 0.03 | 77.7 |
| 2020 (7) | 5.81 | 27.97 | 10.98 | 23.09 | 10.1 | 68.05 | 0.03 | 0.0 | 30.75 | 11.41 | 4.0 | 3233.33 | 7.59 | -13.45 | 24.68 | -22.32 | 14.51 | 16.36 | 0.01 | 0.0 | 18.46 | -24.87 | 2.68 | -3.25 | 10.83 | 9.39 | 2.8 | 0.36 | 0 | 0 | 11.09 | 55.76 | 13.9 | 40.12 | 0 | 0 | 11.09 | 56.64 | 0.02 | -28.86 |
| 2019 (6) | 4.54 | -47.94 | 8.92 | 154.86 | 6.01 | 147.33 | 0.03 | 0 | 27.6 | 2.68 | 0.12 | -93.22 | 8.77 | 3.06 | 31.78 | 0.37 | 12.47 | -3.33 | 0.01 | 0.0 | 24.57 | -5.93 | 2.77 | -21.08 | 9.9 | 0.0 | 2.79 | 6.9 | 0 | 0 | 7.12 | -7.53 | 9.92 | -3.78 | -0.04 | 0 | 7.08 | -8.29 | 0.02 | -34.55 |
| 2018 (5) | 8.72 | 40.87 | 3.5 | -33.84 | 2.43 | -75.3 | 0 | 0 | 26.88 | 5.87 | 1.77 | -25.94 | 8.51 | 2.28 | 31.66 | -3.39 | 12.9 | 41.29 | 0.01 | 0 | 26.12 | 348.03 | 3.51 | 2.33 | 9.9 | 6.45 | 2.61 | 9.66 | 0 | 0 | 7.7 | 41.28 | 10.31 | 31.67 | 0.02 | -99.22 | 7.72 | -3.74 | 0.03 | 66.62 |
| 2017 (4) | 6.19 | 78.39 | 5.29 | 32.58 | 9.84 | 25.35 | 0 | 0 | 25.39 | -20.38 | 2.39 | -50.52 | 8.32 | -4.37 | 32.77 | 20.11 | 9.13 | -2.04 | 0 | 0 | 5.83 | -13.24 | 3.43 | 1329.17 | 9.3 | 4.85 | 2.38 | 25.93 | 0 | 0 | 5.45 | -12.66 | 7.83 | -3.81 | 2.57 | -64.55 | 8.02 | -40.55 | 0.02 | 0 |
| 2016 (3) | 3.47 | -17.18 | 3.99 | -52.89 | 7.85 | 69.91 | 0 | 0 | 31.89 | 22.8 | 4.83 | 71.28 | 8.7 | -4.29 | 27.28 | -22.06 | 9.32 | -16.26 | 0 | 0 | 6.72 | -37.55 | 0.24 | 9.09 | 8.87 | 1.37 | 1.89 | 17.39 | 0 | 0 | 6.24 | 79.83 | 8.14 | 60.24 | 7.25 | 47.96 | 13.49 | 61.17 | 0.00 | 0 |
| 2015 (2) | 4.19 | 3.46 | 8.47 | 26.99 | 4.62 | 58.22 | 0 | 0 | 25.97 | 4.05 | 2.82 | 7.63 | 9.09 | 32.89 | 35.00 | 27.73 | 11.13 | 16.3 | 0 | 0 | 10.76 | -6.76 | 0.22 | 29.41 | 8.75 | 3.67 | 1.61 | 19.26 | 0 | 0 | 3.47 | 35.55 | 5.08 | 29.92 | 4.9 | 52.17 | 8.37 | 44.81 | 0.00 | 0 |
| 2014 (1) | 4.05 | -1.94 | 6.67 | -31.66 | 2.92 | 17.27 | 0 | 0 | 24.96 | 0.89 | 2.62 | 0 | 6.84 | -12.2 | 27.40 | -12.97 | 9.57 | 40.94 | 0 | 0 | 11.54 | 70.71 | 0.17 | 88.89 | 8.44 | 0.36 | 1.35 | 0.0 | 0 | 0 | 2.56 | 0 | 3.91 | 200.77 | 3.22 | 225.25 | 5.78 | 521.51 | 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) | 12.78 | 39.52 | 3.4 | 8.44 | 21.09 | -36.73 | 4.21 | -7.68 | -3.88 | 0 | 0 | 0 | 10.31 | -15.14 | -8.68 | 0.22 | -92.25 | 119.13 | 9.37 | -19.71 | -3.1 | 20.41 | -18.0 | -11.04 | 18.83 | 5.61 | 13.5 | 0.19 | 5.56 | 0.0 | 23.47 | 2.62 | 16.65 | 2.2 | -2.65 | 6.8 | 12.03 | 0.0 | 0.0 | 4.98 | 0.0 | 2.47 | 0 | 0 | -100.0 | 22.82 | 1.02 | 9.08 | 27.8 | 0.8 | 5.58 | -0.08 | 42.86 | 27.27 | 22.74 | 1.29 | 9.27 | 0.11 | 57.34 | 31.53 |
| 24Q2 (19) | 9.16 | -37.98 | -52.98 | 6.97 | -37.99 | -50.6 | 4.56 | -5.0 | 39.02 | 0 | 0 | 0 | 12.15 | 7.14 | 11.78 | 2.84 | 395.83 | 242.17 | 11.67 | 20.93 | 21.94 | 24.88 | 17.63 | 6.89 | 17.83 | 5.5 | 2.77 | 0.18 | 12.5 | 38.46 | 22.87 | 10.06 | 13.22 | 2.26 | 13.0 | 7.11 | 12.03 | 0.0 | 0.0 | 4.98 | 2.47 | 2.47 | 0 | -100.0 | -100.0 | 22.59 | 3.96 | 2.4 | 27.58 | 1.62 | 0.4 | -0.14 | -1500.0 | -100.0 | 22.45 | 3.27 | 2.09 | 0.07 | -7.31 | -20.98 |
| 24Q1 (18) | 14.77 | -3.21 | 9.16 | 11.24 | -21.62 | -22.59 | 4.8 | 6.9 | 38.73 | 0 | 0 | 0 | 11.34 | -6.44 | 21.67 | -0.96 | -152.46 | -284.0 | 9.65 | 0.52 | 24.84 | 21.15 | -3.93 | 5.68 | 16.9 | 5.82 | 4.97 | 0.16 | -20.0 | 23.08 | 20.78 | 1.96 | 13.74 | 2.0 | -1.96 | -8.26 | 12.03 | 0.0 | 0.0 | 4.86 | 0.0 | 9.21 | 0.55 | 0.0 | 0 | 21.73 | -4.23 | -7.1 | 27.14 | -3.42 | -2.51 | 0.01 | -83.33 | 120.0 | 21.74 | -4.44 | -6.86 | 0.08 | -0.36 | 158.32 |
| 23Q4 (17) | 15.26 | 23.46 | 19.31 | 14.34 | 7.5 | -1.1 | 4.49 | 2.51 | -27.46 | 0 | 0 | 0 | 12.12 | 7.35 | 13.48 | 1.83 | 259.13 | -43.87 | 9.6 | -0.72 | 18.23 | 22.02 | -4.0 | 2.09 | 15.97 | -3.74 | -0.31 | 0.2 | 5.26 | 33.33 | 20.38 | 1.29 | 24.42 | 2.04 | -0.97 | -8.52 | 12.03 | 0.0 | 0.0 | 4.86 | 0.0 | 9.21 | 0.55 | 0.0 | 0 | 22.69 | 8.46 | -4.02 | 28.1 | 6.72 | 0.04 | 0.06 | 154.55 | 200.0 | 22.75 | 9.32 | -3.52 | 0.08 | -9.48 | 119.85 |
| 23Q3 (16) | 12.36 | -36.55 | 29.97 | 13.34 | -5.46 | 8.1 | 4.38 | 33.54 | 58.7 | 0 | 0 | 0 | 11.29 | 3.86 | 10.25 | -1.15 | -238.55 | -123.37 | 9.67 | 1.04 | 2.98 | 22.94 | -1.47 | -12.41 | 16.59 | -4.38 | 6.28 | 0.19 | 46.15 | 58.33 | 20.12 | -0.4 | 7.59 | 2.06 | -2.37 | -10.04 | 12.03 | 0.0 | 0.0 | 4.86 | 0.0 | 9.21 | 0.55 | 0.0 | 0 | 20.92 | -5.17 | 2.65 | 26.33 | -4.15 | 6.04 | -0.11 | -57.14 | -124.44 | 20.81 | -5.37 | -0.1 | 0.09 | -5.47 | 100.26 |
| 23Q2 (15) | 19.48 | 43.98 | 225.75 | 14.11 | -2.82 | 51.07 | 3.28 | -5.2 | 52.56 | 0 | 0 | 0 | 10.87 | 16.63 | 29.71 | 0.83 | 432.0 | 1022.22 | 9.57 | 23.8 | 21.91 | 23.28 | 16.3 | -3.56 | 17.35 | 7.76 | 5.28 | 0.13 | 0.0 | 30.0 | 20.2 | 10.56 | 5.43 | 2.11 | -3.21 | -10.21 | 12.03 | 0.0 | 0.0 | 4.86 | 9.21 | 9.21 | 0.55 | 0 | 0 | 22.06 | -5.69 | 42.69 | 27.47 | -1.33 | 37.97 | -0.07 | -40.0 | -115.91 | 21.99 | -5.78 | 38.3 | 0.09 | 203.0 | 442.94 |
| 23Q1 (14) | 13.53 | 5.79 | 124.75 | 14.52 | 0.14 | 53.16 | 3.46 | -44.1 | -4.95 | 0 | 0 | 0 | 9.32 | -12.73 | 11.62 | -0.25 | -107.67 | 93.75 | 7.73 | -4.8 | -1.28 | 20.02 | -7.19 | -17.15 | 16.1 | 0.5 | 0.5 | 0.13 | -13.33 | 30.0 | 18.27 | 11.54 | -0.44 | 2.18 | -2.24 | -9.92 | 12.03 | 0.0 | 0.0 | 4.45 | 0.0 | 39.06 | 0 | 0 | 0 | 23.39 | -1.06 | 21.82 | 27.84 | -0.89 | 24.29 | -0.05 | 16.67 | -109.8 | 23.34 | -1.02 | 18.42 | 0.03 | -15.2 | 41.2 |
| 22Q4 (13) | 12.79 | 34.49 | 75.21 | 14.5 | 17.5 | 42.58 | 6.19 | 124.28 | 117.19 | 0 | 0 | 0 | 10.68 | 4.3 | 20.13 | 3.26 | -33.74 | 284.18 | 8.12 | -13.53 | 4.91 | 21.57 | -17.64 | -12.45 | 16.02 | 2.63 | -2.26 | 0.15 | 25.0 | 87.5 | 16.38 | -12.41 | -14.11 | 2.23 | -2.62 | -10.08 | 12.03 | 0.0 | 0.0 | 4.45 | 0.0 | 39.06 | 0 | 0 | 0 | 23.64 | 16.0 | 1.9 | 28.09 | 13.13 | 6.4 | -0.06 | -113.33 | -112.24 | 23.58 | 13.2 | -0.46 | 0.04 | -17.55 | 30.02 |
| 22Q3 (12) | 9.51 | 59.03 | 12.28 | 12.34 | 32.12 | 52.53 | 2.76 | 28.37 | 13.58 | 0 | 0 | 0 | 10.24 | 22.2 | 48.41 | 4.92 | 5566.67 | 227.79 | 9.39 | 19.62 | 45.58 | 26.19 | 8.48 | 24.35 | 15.61 | -5.28 | -2.19 | 0.12 | 20.0 | 9.09 | 18.7 | -2.4 | -17.0 | 2.29 | -2.55 | -8.76 | 12.03 | 0.0 | 0.0 | 4.45 | 0.0 | 39.06 | 0 | 0 | 0 | 20.38 | 31.82 | -18.35 | 24.83 | 24.71 | -11.79 | 0.45 | 2.27 | 550.0 | 20.83 | 31.01 | -16.21 | 0.04 | 156.29 | 20.32 |
| 22Q2 (11) | 5.98 | -0.66 | -33.56 | 9.34 | -1.48 | -12.63 | 2.15 | -40.93 | -45.57 | 0 | 0 | -100.0 | 8.38 | 0.36 | 1.33 | -0.09 | 97.75 | -101.21 | 7.85 | 0.26 | 12.79 | 24.14 | -0.08 | 10.57 | 16.48 | 2.87 | 5.84 | 0.1 | 0.0 | -9.09 | 19.16 | 4.41 | -9.24 | 2.35 | -2.89 | -8.2 | 12.03 | 0.0 | 1.69 | 4.45 | 39.06 | 58.93 | 0 | 0 | 0 | 15.46 | -19.48 | -47.05 | 19.91 | -11.12 | -37.78 | 0.44 | -13.73 | 650.0 | 15.9 | -19.33 | -45.4 | 0.02 | -21.2 | -58.7 |
| 22Q1 (10) | 6.02 | -17.53 | -49.62 | 9.48 | -6.78 | -20.4 | 3.64 | 27.72 | -62.04 | 0 | 0 | -100.0 | 8.35 | -6.07 | 13.45 | -4.0 | -125.99 | -137.52 | 7.83 | 1.16 | 10.75 | 24.16 | -1.93 | 7.61 | 16.02 | -2.26 | 5.81 | 0.1 | 25.0 | 11.11 | 18.35 | -3.78 | -8.25 | 2.42 | -2.42 | -7.98 | 12.03 | 0.0 | 11.08 | 3.2 | 0.0 | 14.29 | 0 | 0 | 0 | 19.2 | -17.24 | -11.72 | 22.4 | -15.15 | -8.76 | 0.51 | 4.08 | 950.0 | 19.71 | -16.8 | -9.13 | 0.02 | -21.92 | -62.3 |
| 21Q4 (9) | 7.3 | -13.81 | 25.65 | 10.17 | 25.71 | -7.38 | 2.85 | 17.28 | -71.78 | 0 | 0 | -100.0 | 8.89 | 28.84 | 9.75 | -1.77 | 54.03 | -33.08 | 7.74 | 20.0 | 1.98 | 24.63 | 16.98 | -0.17 | 16.39 | 2.69 | 12.96 | 0.08 | -27.27 | 700.0 | 19.07 | -15.36 | 3.3 | 2.48 | -1.2 | -7.46 | 12.03 | 0.0 | 11.08 | 3.2 | 0.0 | 14.29 | 0 | 0 | 0 | 23.2 | -7.05 | 109.2 | 26.4 | -6.22 | 89.93 | 0.49 | 590.0 | 0 | 23.69 | -4.71 | 113.62 | 0.03 | -23.7 | 77.7 |
| 21Q3 (8) | 8.47 | -5.89 | 24.74 | 8.09 | -24.32 | -28.22 | 2.43 | -38.48 | -82.83 | 0 | -100.0 | -100.0 | 6.9 | -16.57 | -15.34 | -3.85 | -151.68 | -481.19 | 6.45 | -7.33 | -4.73 | 21.06 | -3.55 | -7.06 | 15.96 | 2.5 | 15.74 | 0.11 | 0.0 | 1000.0 | 22.53 | 6.73 | 65.05 | 2.51 | -1.95 | -7.38 | 12.03 | 1.69 | 11.08 | 3.2 | 14.29 | 14.29 | 0 | 0 | 0 | 24.96 | -14.52 | 100.48 | 28.15 | -12.03 | 84.59 | -0.1 | -25.0 | -150.0 | 24.86 | -14.63 | 100.32 | 0.04 | -12.02 | 81.5 |
| 21Q2 (7) | 9.0 | -24.69 | 56.79 | 10.69 | -10.24 | -6.47 | 3.95 | -58.81 | 0 | 0.03 | 0.0 | 0 | 8.27 | 12.36 | 4.95 | 7.45 | -30.11 | 39.51 | 6.96 | -1.56 | -17.63 | 21.83 | -2.76 | 0 | 15.57 | 2.84 | 10.58 | 0.11 | 22.22 | 1000.0 | 21.11 | 5.55 | -9.36 | 2.56 | -2.66 | -22.42 | 11.83 | 9.23 | 9.23 | 2.8 | 0.0 | 0.0 | 0 | 0 | 0 | 29.2 | 34.25 | 155.24 | 32.0 | 30.35 | 124.72 | -0.08 | -33.33 | -166.67 | 29.12 | 34.26 | 155.21 | 0.04 | -28.08 | 75.14 |
| 21Q1 (6) | 11.95 | 105.68 | 75.22 | 11.91 | 8.47 | 8.08 | 9.59 | -5.05 | 11.9 | 0.03 | 0.0 | 0.0 | 7.36 | -9.14 | 11.01 | 10.66 | 901.5 | 1145.1 | 7.07 | -6.85 | -5.73 | 22.45 | -9.01 | 0 | 15.14 | 4.34 | 15.13 | 0.09 | 800.0 | 800.0 | 20.0 | 8.34 | -6.89 | 2.63 | -1.87 | -18.32 | 10.83 | 0.0 | -0.37 | 2.8 | 0.0 | 0.36 | 0 | 0 | 0 | 21.75 | 96.12 | 255.97 | 24.55 | 76.62 | 175.84 | -0.06 | 0 | -200.0 | 21.69 | 95.58 | 256.16 | 0.06 | 268.06 | 19.99 |
| 20Q4 (5) | 5.81 | -14.43 | 27.97 | 10.98 | -2.57 | 23.09 | 10.1 | -28.62 | 68.05 | 0.03 | 0.0 | 0 | 8.1 | -0.61 | 12.19 | -1.33 | -231.68 | -82.19 | 7.59 | 12.11 | -13.45 | 24.67 | 8.9 | 0 | 14.51 | 5.22 | 16.36 | 0.01 | 0.0 | 0.0 | 18.46 | 35.24 | -24.87 | 2.68 | -1.11 | -18.29 | 10.83 | 0.0 | 9.39 | 2.8 | 0.0 | 0.36 | 0 | 0 | 0 | 11.09 | -10.92 | 55.76 | 13.9 | -8.85 | 40.12 | 0 | 100.0 | 100.0 | 11.09 | -10.64 | 56.64 | 0.02 | -22.06 | -28.86 |
| 20Q3 (4) | 6.79 | 18.29 | 0.0 | 11.27 | -1.4 | 0.0 | 14.15 | 0 | 0.0 | 0.03 | 0 | 0.0 | 8.15 | 3.43 | 0.0 | 1.01 | -81.09 | 0.0 | 6.77 | -19.88 | 0.0 | 22.66 | 0 | 0.0 | 13.79 | -2.06 | 0.0 | 0.01 | 0.0 | 0.0 | 13.65 | -41.39 | 0.0 | 2.71 | -17.88 | 0.0 | 10.83 | 0.0 | 0.0 | 2.8 | 0.0 | 0.0 | 0 | 0 | 0.0 | 12.45 | 8.83 | 0.0 | 15.25 | 7.09 | 0.0 | -0.04 | -33.33 | 0.0 | 12.41 | 8.76 | 0.0 | 0.02 | -15.11 | 0.0 |
