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) | 3.21 | -23.93 | 2.44 | 168.13 | 1.16 | 510.53 | 0 | 0 | 8.15 | -25.02 | 1.08 | -49.77 | 1.07 | -24.65 | 13.13 | 0.5 | 2.43 | -16.49 | 0 | 0 | 0.44 | -75.42 | 0.17 | 325.0 | 4.31 | 16.8 | 0.46 | 91.67 | 0 | 0 | 1.23 | -44.09 | 1.69 | -31.02 | -0.02 | 0 | 1.21 | -45.0 | 0.10 | -19.17 |
| 2022 (9) | 4.22 | 59.85 | 0.91 | -78.18 | 0.19 | 0.0 | 0 | 0 | 10.87 | 55.29 | 2.15 | 216.18 | 1.42 | 23.48 | 13.06 | -20.48 | 2.91 | 32.27 | 0 | 0 | 1.79 | 98.89 | 0.04 | 33.33 | 3.69 | 15.67 | 0.24 | 41.18 | 0.01 | 0 | 2.2 | 161.9 | 2.45 | 140.2 | 0 | 0 | 2.2 | 165.06 | 0.12 | -24.91 |
| 2021 (8) | 2.64 | 95.56 | 4.17 | 159.01 | 0.19 | -32.14 | 0 | 0 | 7.0 | 31.09 | 0.68 | 30.77 | 1.15 | 57.53 | 16.43 | 20.18 | 2.2 | 37.5 | 0 | 0 | 0.9 | -16.67 | 0.03 | 0.0 | 3.19 | 6.33 | 0.17 | 41.67 | 0 | 0 | 0.84 | 61.54 | 1.02 | 54.55 | -0.01 | 0 | 0.83 | 59.62 | 0.16 | 4.62 |
| 2020 (7) | 1.35 | 33.66 | 1.61 | 57.84 | 0.28 | 55.56 | 0 | 0 | 5.34 | 4.71 | 0.52 | 642.86 | 0.73 | -8.75 | 13.67 | -12.85 | 1.6 | 8.11 | 0 | 0 | 1.08 | 24.14 | 0.03 | 50.0 | 3.0 | 1.35 | 0.12 | 0.0 | 0.01 | 0 | 0.52 | 642.86 | 0.66 | 266.67 | 0 | 0 | 0.52 | 766.67 | 0.15 | 19.55 |
| 2019 (6) | 1.01 | 53.03 | 1.02 | -39.64 | 0.18 | 0.0 | 0 | 0 | 5.1 | -2.3 | 0.07 | 75.0 | 0.8 | -57.89 | 15.69 | -56.9 | 1.48 | 72.09 | 0 | 0 | 0.87 | -17.92 | 0.02 | 0.0 | 2.96 | 9.23 | 0.12 | 9.09 | 0 | 0 | 0.07 | 75.0 | 0.18 | 20.0 | -0.01 | 0 | 0.06 | 50.0 | 0.13 | 9.22 |
| 2018 (5) | 0.66 | -44.07 | 1.69 | 60.95 | 0.18 | 100.0 | 0 | 0 | 5.22 | 1.56 | 0.04 | -75.0 | 1.9 | 6.74 | 36.40 | 5.11 | 0.86 | -5.49 | 0 | 0 | 1.06 | 9.28 | 0.02 | 100.0 | 2.71 | 4.23 | 0.11 | 10.0 | 0 | 0 | 0.04 | -75.0 | 0.15 | -40.0 | 0 | 0 | 0.04 | -75.0 | 0.12 | 37.46 |
| 2017 (4) | 1.18 | 47.5 | 1.05 | 8.25 | 0.09 | 50.0 | 0 | 0 | 5.14 | 12.23 | 0.16 | -46.67 | 1.78 | -10.1 | 34.63 | -19.9 | 0.91 | 1.11 | 0 | 0 | 0.97 | -6.73 | 0.01 | 0.0 | 2.6 | 13.04 | 0.1 | 42.86 | 0 | 0 | 0.16 | -46.67 | 0.25 | -32.43 | 0 | 0 | 0.16 | -46.67 | 0.09 | 0 |
| 2016 (3) | 0.8 | 166.67 | 0.97 | -3.0 | 0.06 | 0 | 0 | 0 | 4.58 | 4.09 | 0.3 | 50.0 | 1.98 | 40.43 | 43.23 | 34.91 | 0.9 | 30.43 | 0 | 0 | 1.04 | 20.93 | 0.01 | 0.0 | 2.3 | 24.32 | 0.07 | 40.0 | 0 | 0 | 0.3 | 50.0 | 0.37 | 48.0 | 0 | 0 | 0.3 | 50.0 | 0.00 | 0 |
| 2015 (2) | 0.3 | -16.67 | 1.0 | 0.0 | 0 | 0 | 0 | 0 | 4.4 | -36.14 | 0.2 | -16.67 | 1.41 | -14.55 | 32.05 | 33.81 | 0.69 | 200.0 | 0 | 0 | 0.86 | 0 | 0.01 | 0.0 | 1.85 | 10.12 | 0.05 | 150.0 | 0 | 0 | 0.2 | -16.67 | 0.25 | -7.41 | 0 | 0 | 0.2 | -16.67 | 0.00 | 0 |
| 2014 (1) | 0.36 | 0 | 1.0 | 0 | 0 | 0 | 0 | 0 | 6.89 | 0 | 0.24 | 0 | 1.65 | 0 | 23.95 | 0 | 0.23 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | 1.68 | 0 | 0.02 | 0 | 0 | 0 | 0.24 | 0 | 0.27 | 0 | 0 | 0 | 0.24 | 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) | 2.84 | -15.48 | -18.39 | 2.04 | 82.14 | -59.36 | 0.14 | 75.0 | -87.93 | 0 | 0 | 0 | 2.61 | 5.24 | 54.44 | 0.3 | -9.09 | 36.36 | 1.35 | -34.78 | 39.18 | 14.15 | -41.07 | 36.11 | 2.33 | 15.35 | -12.41 | 0 | 0 | 0 | 3.62 | 29.29 | 670.21 | 0.19 | 5.56 | 11.76 | 4.52 | 0.0 | 16.49 | 0.57 | 0.0 | 23.91 | 0.02 | 0.0 | 0 | 1.11 | 38.75 | -0.89 | 1.69 | 21.58 | 7.64 | 0.03 | 200.0 | 0 | 1.14 | 40.74 | 1.79 | 0.10 | 1.08 | -25.8 |
| 24Q2 (19) | 3.36 | -13.18 | -1.75 | 1.12 | -54.1 | -13.85 | 0.08 | -93.1 | -93.1 | 0 | 0 | 0 | 2.48 | 0.81 | 23.38 | 0.33 | -25.0 | 3.12 | 2.07 | 27.78 | 81.58 | 24.01 | 20.81 | 135.08 | 2.02 | -1.46 | -2.88 | 0 | 0 | 0 | 2.8 | 566.67 | 471.43 | 0.18 | 5.88 | 5.88 | 4.52 | 4.87 | 16.49 | 0.57 | 23.91 | 23.91 | 0.02 | 0 | 0 | 0.8 | -52.38 | -11.11 | 1.39 | -34.74 | 2.21 | 0.01 | 0 | 133.33 | 0.81 | -51.79 | -6.9 | 0.10 | 10.29 | -28.32 |
| 24Q1 (18) | 3.87 | 20.56 | -10.21 | 2.44 | 0.0 | 542.11 | 1.16 | 0.0 | 1350.0 | 0 | 0 | 0 | 2.46 | 23.62 | 0.0 | 0.44 | 266.67 | 2.33 | 1.62 | 51.4 | 52.83 | 19.88 | 51.4 | 114.9 | 2.05 | -15.64 | -2.84 | 0 | 0 | 0 | 0.42 | -4.55 | -73.58 | 0.17 | 0.0 | 6.25 | 4.31 | 0.0 | 16.8 | 0.46 | 0.0 | 91.67 | 0 | 0 | -100.0 | 1.68 | 36.59 | -36.36 | 2.13 | 26.04 | -26.3 | 0 | 100.0 | -100.0 | 1.68 | 38.84 | -36.6 | 0.09 | -3.39 | -27.5 |
| 23Q4 (17) | 3.21 | -7.76 | -23.93 | 2.44 | -51.39 | 168.13 | 1.16 | 0.0 | 510.53 | 0 | 0 | 0 | 1.99 | 17.75 | -37.22 | 0.12 | -45.45 | -78.95 | 1.07 | 10.31 | -24.65 | 13.13 | 26.28 | 0.41 | 2.43 | -8.65 | -16.49 | 0 | 0 | 0 | 0.44 | -6.38 | -75.42 | 0.17 | 0.0 | 325.0 | 4.31 | 11.08 | 16.8 | 0.46 | 0.0 | 91.67 | 0 | 0 | -100.0 | 1.23 | 9.82 | -44.09 | 1.69 | 7.64 | -31.02 | -0.02 | 0 | 0 | 1.21 | 8.04 | -45.0 | 0.10 | -31.1 | -19.17 |
| 23Q3 (16) | 3.48 | 1.75 | -20.18 | 5.02 | 286.15 | 560.53 | 1.16 | 0.0 | 510.53 | 0 | 0 | 0 | 1.69 | -15.92 | -51.99 | 0.22 | -31.25 | -79.25 | 0.97 | -14.91 | -50.51 | 10.40 | 1.78 | -50.09 | 2.66 | 27.88 | -17.13 | 0 | 0 | 0 | 0.47 | -4.08 | -74.46 | 0.17 | 0.0 | 466.67 | 3.88 | 0.0 | 5.15 | 0.46 | 0.0 | 91.67 | 0 | 0 | -100.0 | 1.12 | 24.44 | -31.71 | 1.57 | 15.44 | -16.93 | 0 | 100.0 | -100.0 | 1.12 | 28.74 | -32.12 | 0.14 | -2.36 | 16.95 |
| 23Q2 (15) | 3.42 | -20.65 | -7.82 | 1.3 | 242.11 | 1344.44 | 1.16 | 1350.0 | 510.53 | 0 | 0 | 0 | 2.01 | -18.29 | -12.99 | 0.32 | -25.58 | -20.0 | 1.14 | 7.55 | -23.49 | 10.22 | 10.44 | -44.54 | 2.08 | -1.42 | -11.11 | 0 | 0 | 0 | 0.49 | -69.18 | -74.07 | 0.17 | 6.25 | 466.67 | 3.88 | 5.15 | 5.15 | 0.46 | 91.67 | 91.67 | 0 | -100.0 | -100.0 | 0.9 | -65.91 | 55.17 | 1.36 | -52.94 | 63.86 | -0.03 | -400.0 | -400.0 | 0.87 | -67.17 | 47.46 | 0.14 | 11.56 | 20.0 |
| 23Q1 (14) | 4.31 | 2.13 | 11.95 | 0.38 | -58.24 | -90.95 | 0.08 | -57.89 | -57.89 | 0 | 0 | 0 | 2.46 | -22.4 | 32.26 | 0.43 | -24.56 | 230.77 | 1.06 | -25.35 | 4.95 | 9.25 | -29.26 | -31.5 | 2.11 | -27.49 | -9.44 | 0 | 0 | 0 | 1.59 | -11.17 | 87.06 | 0.16 | 300.0 | 433.33 | 3.69 | 0.0 | 15.67 | 0.24 | 0.0 | 41.18 | 0.01 | 0.0 | 0 | 2.64 | 20.0 | 172.16 | 2.89 | 17.96 | 151.3 | 0.01 | 0 | -50.0 | 2.65 | 20.45 | 167.68 | 0.13 | 7.7 | -22.83 |
| 22Q4 (13) | 4.22 | -3.21 | 59.85 | 0.91 | 19.74 | -78.18 | 0.19 | 0.0 | 0.0 | 0 | 0 | 0 | 3.17 | -9.94 | 84.3 | 0.57 | -46.23 | 307.14 | 1.42 | -27.55 | 23.48 | 13.08 | -37.22 | -20.41 | 2.91 | -9.35 | 32.27 | 0 | 0 | 0 | 1.79 | -2.72 | 98.89 | 0.04 | 33.33 | 33.33 | 3.69 | 0.0 | 15.67 | 0.24 | 0.0 | 41.18 | 0.01 | 0.0 | 0 | 2.2 | 34.15 | 161.9 | 2.45 | 29.63 | 140.2 | 0 | -100.0 | 100.0 | 2.2 | 33.33 | 165.06 | 0.12 | -0.31 | -24.91 |
| 22Q3 (12) | 4.36 | 17.52 | 96.4 | 0.76 | 744.44 | -77.25 | 0.19 | 0.0 | -5.0 | 0 | 0 | 0 | 3.52 | 52.38 | 60.0 | 1.06 | 165.0 | 360.87 | 1.96 | 31.54 | 43.07 | 20.83 | 13.09 | 0.65 | 3.21 | 37.18 | 103.16 | 0 | 0 | 0 | 1.84 | -2.65 | 93.68 | 0.03 | 0.0 | 0.0 | 3.69 | 0.0 | 15.67 | 0.24 | 0.0 | 41.18 | 0.01 | 0.0 | 0 | 1.64 | 182.76 | 130.99 | 1.89 | 127.71 | 114.77 | 0.01 | 0.0 | 200.0 | 1.65 | 179.66 | 135.71 | 0.12 | 0.18 | -22.19 |
| 22Q2 (11) | 3.71 | -3.64 | 57.87 | 0.09 | -97.86 | -96.94 | 0.19 | 0.0 | -17.39 | 0 | 0 | 0 | 2.31 | 24.19 | 35.88 | 0.4 | 207.69 | 110.53 | 1.49 | 47.52 | 30.7 | 18.42 | 36.4 | -3.23 | 2.34 | 0.43 | 11.96 | 0 | 0 | 0 | 1.89 | 122.35 | 90.91 | 0.03 | 0.0 | 50.0 | 3.69 | 15.67 | 18.27 | 0.24 | 41.18 | 100.0 | 0.01 | 0 | 0.0 | 0.58 | -40.21 | -30.95 | 0.83 | -27.83 | -14.43 | 0.01 | -50.0 | 200.0 | 0.59 | -40.4 | -28.92 | 0.12 | -28.26 | -14.67 |
| 22Q1 (10) | 3.85 | 45.83 | 38.49 | 4.2 | 0.72 | 114.29 | 0.19 | 0.0 | -24.0 | 0 | 0 | 0 | 1.86 | 8.14 | 34.78 | 0.13 | -7.14 | 8.33 | 1.01 | -12.17 | 1.0 | 13.50 | -17.81 | -9.4 | 2.33 | 5.91 | 32.39 | 0 | 0 | 0 | 0.85 | -5.56 | -18.27 | 0.03 | 0.0 | 0.0 | 3.19 | 0.0 | 2.24 | 0.17 | 0.0 | 41.67 | 0 | 0 | -100.0 | 0.97 | 15.48 | 51.56 | 1.15 | 12.75 | 47.44 | 0.02 | 300.0 | 300.0 | 0.99 | 19.28 | 57.14 | 0.17 | 4.81 | 25.6 |
| 21Q4 (9) | 2.64 | 18.92 | 95.56 | 4.17 | 24.85 | 159.01 | 0.19 | -5.0 | -32.14 | 0 | 0 | 0 | 1.72 | -21.82 | 28.36 | 0.14 | -39.13 | 40.0 | 1.15 | -16.06 | 57.53 | 16.43 | -20.62 | 19.95 | 2.2 | 39.24 | 37.5 | 0 | 0 | 0 | 0.9 | -5.26 | -16.67 | 0.03 | 0.0 | 0.0 | 3.19 | 0.0 | 6.33 | 0.17 | 0.0 | 41.67 | 0 | 0 | -100.0 | 0.84 | 18.31 | 61.54 | 1.02 | 15.91 | 54.55 | -0.01 | 0.0 | 0 | 0.83 | 18.57 | 59.62 | 0.16 | 3.3 | 4.62 |
| 21Q3 (8) | 2.22 | -5.53 | 54.17 | 3.34 | 13.61 | 106.17 | 0.2 | -13.04 | -28.57 | 0 | 0 | 0 | 2.2 | 29.41 | 40.13 | 0.23 | 21.05 | 15.0 | 1.37 | 20.18 | 28.04 | 20.69 | 8.74 | -22.83 | 1.58 | -24.4 | 17.91 | 0 | 0 | 0 | 0.95 | -4.04 | -17.39 | 0.03 | 50.0 | 50.0 | 3.19 | 2.24 | 6.33 | 0.17 | 41.67 | 41.67 | 0 | -100.0 | -100.0 | 0.71 | -15.48 | 65.12 | 0.88 | -9.28 | 57.14 | -0.01 | 0.0 | 0.0 | 0.7 | -15.66 | 66.67 | 0.16 | 9.86 | -0.83 |
| 21Q2 (7) | 2.35 | -15.47 | 119.63 | 2.94 | 50.0 | 60.66 | 0.23 | -8.0 | 27.78 | 0 | 0 | 0 | 1.7 | 23.19 | -29.75 | 0.19 | 58.33 | -17.39 | 1.14 | 14.0 | 8.57 | 19.03 | 27.7 | 0 | 2.09 | 18.75 | 29.01 | 0 | 0 | 0 | 0.99 | -4.81 | 26.92 | 0.02 | -33.33 | -33.33 | 3.12 | 0.0 | 4.0 | 0.12 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 0.84 | 31.25 | 265.22 | 0.97 | 24.36 | 169.44 | -0.01 | 0.0 | 50.0 | 0.83 | 31.75 | 295.24 | 0.14 | 5.6 | -2.01 |
| 21Q1 (6) | 2.78 | 105.93 | 0 | 1.96 | 21.74 | 0 | 0.25 | -10.71 | 0 | 0 | 0 | 0 | 1.38 | 2.99 | 0 | 0.12 | 20.0 | 0 | 1.0 | 36.99 | 0 | 14.90 | 8.81 | 0 | 1.76 | 10.0 | 0 | 0 | 0 | 0 | 1.04 | -3.7 | 0 | 0.03 | 0.0 | 0 | 3.12 | 4.0 | 0 | 0.12 | 0.0 | 0 | 0.01 | 0.0 | 0 | 0.64 | 23.08 | 0 | 0.78 | 18.18 | 0 | -0.01 | 0 | 0 | 0.63 | 21.15 | 0 | 0.13 | -12.7 | 0 |
| 20Q4 (5) | 1.35 | -6.25 | 0 | 1.61 | -0.62 | 0 | 0.28 | 0.0 | 0 | 0 | 0 | 0 | 1.34 | -14.65 | 0 | 0.1 | -50.0 | 0 | 0.73 | -31.78 | 0 | 13.70 | -48.93 | 0 | 1.6 | 19.4 | 0 | 0 | 0 | 0 | 1.08 | -6.09 | 0 | 0.03 | 50.0 | 0 | 3.0 | 0.0 | 0 | 0.12 | 0.0 | 0 | 0.01 | 0.0 | 0 | 0.52 | 20.93 | 0 | 0.66 | 17.86 | 0 | 0 | 100.0 | 0 | 0.52 | 23.81 | 0 | 0.15 | -2.08 | 0 |
| 20Q3 (4) | 1.44 | 34.58 | 0.0 | 1.62 | -11.48 | 0.0 | 0.28 | 55.56 | 0.0 | 0 | 0 | 0.0 | 1.57 | -35.12 | 0.0 | 0.2 | -13.04 | 0.0 | 1.07 | 1.9 | 0.0 | 26.82 | 0 | 0.0 | 1.34 | -17.28 | 0.0 | 0 | 0 | 0.0 | 1.15 | 47.44 | 0.0 | 0.02 | -33.33 | 0.0 | 3.0 | 0.0 | 0.0 | 0.12 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 0.43 | 86.96 | 0.0 | 0.56 | 55.56 | 0.0 | -0.01 | 50.0 | 0.0 | 0.42 | 100.0 | 0.0 | 0.16 | 8.55 | 0.0 |
