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) | 33.63 | -0.06 | 0 | 0 | 0.72 | 71.43 | 0 | 0 | 56.92 | -7.27 | 16.83 | -5.24 | 19.72 | 13.73 | 34.65 | 22.64 | 24.25 | 19.05 | 0 | 0 | 4.28 | 15.36 | 0.07 | 0.0 | 7.98 | 1.01 | 7.49 | 30.94 | 0.21 | -53.33 | 39.1 | 17.7 | 46.8 | 18.81 | -0.75 | 0 | 38.35 | 16.18 | 0.00 | 0 |
| 2022 (9) | 33.65 | -9.54 | 0 | 0 | 0.42 | 0 | 0 | 0 | 61.38 | 60.09 | 17.76 | 83.85 | 17.34 | 68.51 | 28.25 | 5.26 | 20.37 | 47.61 | 0 | 0 | 3.71 | -31.42 | 0.07 | 16.67 | 7.9 | 0.64 | 5.72 | 20.17 | 0.45 | 25.0 | 33.22 | 45.64 | 39.39 | 41.08 | -0.21 | 0 | 33.01 | 47.63 | 0.00 | 0 |
| 2021 (8) | 37.2 | 362.11 | 0.5 | -91.44 | 0 | 0 | 0 | 0 | 38.34 | 45.72 | 9.66 | 83.65 | 10.29 | 12.09 | 26.84 | -23.08 | 13.8 | 60.65 | 0 | 0 | 5.41 | 113.83 | 0.06 | -33.33 | 7.85 | 14.1 | 4.76 | 12.8 | 0.36 | 0 | 22.81 | 33.7 | 27.92 | 31.2 | -0.45 | 0 | 22.36 | 33.89 | 0.00 | 0 |
| 2020 (7) | 8.05 | 53.33 | 5.84 | -10.43 | 1.5 | 0 | 0 | 0 | 26.31 | 1.78 | 5.26 | 5.2 | 9.18 | 1.89 | 34.89 | 0.11 | 8.59 | 1.78 | 0 | 0 | 2.53 | 68.67 | 0.09 | 0.0 | 6.88 | 0.0 | 4.22 | 13.44 | 0 | 0 | 17.06 | 13.96 | 21.28 | 13.86 | -0.36 | 0 | 16.7 | 15.97 | 0.00 | 0 |
| 2019 (6) | 5.25 | -6.25 | 6.52 | 34.99 | 0 | 0 | 0 | 0 | 25.85 | 8.52 | 5.0 | 0.81 | 9.01 | 16.56 | 34.85 | 7.41 | 8.44 | -1.97 | 0 | 0 | 1.5 | 36.36 | 0.09 | -10.0 | 6.88 | 1.03 | 3.72 | 15.17 | 0 | 0 | 14.97 | 13.32 | 18.69 | 13.76 | -0.57 | 0 | 14.4 | 10.6 | 0.00 | 0 |
| 2018 (5) | 5.6 | 38.61 | 4.83 | 0 | 0 | 0 | 0 | 0 | 23.82 | 3.75 | 4.96 | -16.36 | 7.73 | 17.66 | 32.45 | 13.41 | 8.61 | 20.08 | 0 | 0 | 1.1 | 0 | 0.1 | -28.57 | 6.81 | 1.04 | 3.23 | 22.35 | 0 | 0 | 13.21 | 26.29 | 16.43 | 25.42 | -0.19 | 0 | 13.02 | 24.71 | 0.01 | 0 |
| 2017 (4) | 4.04 | -30.46 | 0 | 0 | 0 | 0 | 0 | 0 | 22.96 | 0 | 5.93 | 0 | 6.57 | 59.08 | 28.61 | 0 | 7.17 | 21.94 | 0 | 0 | 0 | 0 | 0.14 | 366.67 | 6.74 | 1.05 | 2.64 | 14.78 | 0 | 0 | 10.46 | 59.69 | 13.1 | 48.02 | -0.02 | 0 | 10.44 | 59.39 | 0.00 | 0 |
| 2016 (3) | 5.81 | 0 | 0.38 | 0 | 1.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.13 | 0 | 0.00 | 0 | 5.88 | 0 | 0 | 0 | 0 | 0 | 0.03 | 0 | 6.67 | 0 | 2.3 | 0 | 0 | 0 | 6.55 | 0 | 8.85 | 0 | 0 | 0 | 6.55 | 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) | 31.59 | 17.17 | 16.35 | 0 | 0 | 0 | 1.04 | 11.83 | 67.74 | 0 | 0 | 0 | 17.72 | 11.52 | 43.48 | 4.22 | 5.5 | 10.18 | 27.65 | 28.6 | 27.36 | 45.12 | 17.33 | 25.43 | 20.38 | -11.55 | -12.91 | 0 | 0 | 0 | 3.45 | -8.24 | -23.16 | 0.1 | 11.11 | 25.0 | 8.0 | 0.0 | 0.38 | 9.18 | 0.0 | 22.56 | 0.75 | 0.0 | 257.14 | 40.39 | 11.67 | 14.81 | 50.33 | 9.15 | 17.37 | 0.72 | 500.0 | 700.0 | 41.11 | 13.28 | 17.26 | 0.00 | 0 | 0 |
| 24Q2 (19) | 26.96 | -27.97 | 2.31 | 0 | 0 | 0 | 0.93 | 13.41 | 78.85 | 0 | 0 | 0 | 15.89 | 7.44 | 8.46 | 4.0 | -18.37 | 6.38 | 21.5 | 18.65 | 1.8 | 38.45 | 16.02 | 15.25 | 23.04 | -4.16 | 5.54 | 0 | 0 | 0 | 3.76 | -7.84 | -19.83 | 0.09 | 12.5 | 50.0 | 8.0 | 0.0 | 0.63 | 9.18 | 22.56 | 22.56 | 0.75 | 257.14 | 257.14 | 36.17 | 5.15 | 15.41 | 46.11 | 9.52 | 18.11 | 0.12 | 180.0 | 112.24 | 36.29 | 5.96 | 19.53 | 0.00 | 0 | 0 |
| 24Q1 (18) | 37.43 | 11.3 | 4.35 | 0 | 0 | 0 | 0.82 | 13.89 | 95.24 | 0 | 0 | 0 | 14.79 | 14.83 | -13.2 | 4.9 | 26.94 | -8.92 | 18.12 | -8.11 | -15.52 | 33.14 | -4.33 | -0.21 | 24.04 | -0.87 | 15.41 | 0 | 0 | 0 | 4.08 | -4.67 | -16.73 | 0.08 | 14.29 | 14.29 | 8.0 | 0.25 | 1.27 | 7.49 | 0.0 | 30.94 | 0.21 | 0.0 | -53.33 | 34.4 | -12.02 | 18.13 | 42.1 | -10.04 | 19.3 | -0.15 | 80.0 | -50.0 | 34.25 | -10.69 | 18.02 | 0.00 | 0 | 0 |
| 23Q4 (17) | 33.63 | 23.87 | -0.06 | 0 | 0 | 0 | 0.72 | 16.13 | 71.43 | 0 | 0 | 0 | 12.88 | 4.29 | -21.03 | 3.86 | 0.78 | -23.56 | 19.72 | -9.17 | 13.73 | 34.65 | -3.69 | 22.64 | 24.25 | 3.63 | 19.05 | 0 | 0 | 0 | 4.28 | -4.68 | 15.36 | 0.07 | -12.5 | 0.0 | 7.98 | 0.13 | 1.01 | 7.49 | 0.0 | 30.94 | 0.21 | 0.0 | -53.33 | 39.1 | 11.14 | 17.7 | 46.8 | 9.14 | 18.81 | -0.75 | -525.0 | -257.14 | 38.35 | 9.38 | 16.18 | 0.00 | 0 | 0 |
| 23Q3 (16) | 27.15 | 3.04 | -19.44 | 0 | 0 | 0 | 0.62 | 19.23 | 100.0 | 0 | 0 | 0 | 12.35 | -15.7 | -19.28 | 3.83 | 1.86 | -17.99 | 21.71 | 2.79 | 52.46 | 35.97 | 7.82 | 42.56 | 23.4 | 7.19 | 29.5 | 0 | 0 | 0 | 4.49 | -4.26 | 17.85 | 0.08 | 33.33 | 0.0 | 7.97 | 0.25 | 0.89 | 7.49 | 0.0 | 30.94 | 0.21 | 0.0 | -53.33 | 35.18 | 12.25 | 24.88 | 42.88 | 9.84 | 24.87 | -0.12 | 87.76 | -220.0 | 35.06 | 15.48 | 24.02 | 0.00 | 0 | 0 |
| 23Q2 (15) | 26.35 | -26.54 | -20.89 | 0 | 0 | 0 | 0.52 | 23.81 | 147.62 | 0 | 0 | 0 | 14.65 | -14.03 | -8.04 | 3.76 | -30.11 | -15.32 | 21.12 | -1.54 | 57.03 | 33.36 | 0.45 | 27.78 | 21.83 | 4.8 | 38.16 | 0 | 0 | 0 | 4.69 | -4.29 | 19.64 | 0.06 | -14.29 | 0.0 | 7.95 | 0.63 | 0.63 | 7.49 | 30.94 | 30.94 | 0.21 | -53.33 | -53.33 | 31.34 | 7.62 | 33.36 | 39.04 | 10.63 | 31.58 | -0.98 | -880.0 | -1300.0 | 30.36 | 4.62 | 29.58 | 0.00 | 0 | 0 |
| 23Q1 (14) | 35.87 | 6.6 | -6.07 | 0 | 0 | 0 | 0.42 | 0.0 | 320.0 | 0 | 0 | 0 | 17.04 | 4.48 | 23.12 | 5.38 | 6.53 | 49.86 | 21.45 | 23.7 | 80.56 | 33.21 | 17.57 | 24.53 | 20.83 | 2.26 | 38.5 | 0 | 0 | 0 | 4.9 | 32.08 | -7.55 | 0.07 | 0.0 | 16.67 | 7.9 | 0.0 | 0.64 | 5.72 | 0.0 | 20.17 | 0.45 | 0.0 | 25.0 | 29.12 | -12.34 | 44.73 | 35.29 | -10.41 | 39.87 | -0.1 | 52.38 | -152.63 | 29.02 | -12.09 | 42.89 | 0.00 | 0 | 0 |
| 22Q4 (13) | 33.65 | -0.15 | -9.54 | 0 | 0 | -100.0 | 0.42 | 35.48 | 0 | 0 | 0 | 0 | 16.31 | 6.6 | 43.57 | 5.05 | 8.14 | 75.96 | 17.34 | 21.77 | 68.51 | 28.25 | 11.95 | 5.23 | 20.37 | 12.73 | 47.61 | 0 | 0 | 0 | 3.71 | -2.62 | -31.42 | 0.07 | -12.5 | 16.67 | 7.9 | 0.0 | 0.64 | 5.72 | 0.0 | 20.17 | 0.45 | 0.0 | 25.0 | 33.22 | 17.93 | 45.64 | 39.39 | 14.71 | 41.08 | -0.21 | -310.0 | 53.33 | 33.01 | 16.77 | 47.63 | 0.00 | 0 | 0 |
| 22Q3 (12) | 33.7 | 1.17 | 127.7 | 0 | 0 | -100.0 | 0.31 | 47.62 | 0 | 0 | 0 | 0 | 15.3 | -3.95 | 47.4 | 4.67 | 5.18 | 67.99 | 14.24 | 5.87 | 29.81 | 25.23 | -3.36 | -18.15 | 18.07 | 14.37 | 49.59 | 0 | 0 | 0 | 3.81 | -2.81 | -35.09 | 0.08 | 33.33 | 14.29 | 7.9 | 0.0 | 14.0 | 5.72 | 0.0 | 20.17 | 0.45 | 0.0 | 25.0 | 28.17 | 19.87 | 40.85 | 34.34 | 15.74 | 36.76 | 0.1 | 242.86 | 116.95 | 28.27 | 20.66 | 45.65 | 0.00 | 0 | 0 |
| 22Q2 (11) | 33.31 | -12.78 | 229.8 | 0 | 0 | -100.0 | 0.21 | 110.0 | 0 | 0 | 0 | 0 | 15.93 | 15.1 | 77.79 | 4.44 | 23.68 | 112.44 | 13.45 | 13.22 | 33.17 | 26.11 | -2.1 | -17.79 | 15.8 | 5.05 | 46.03 | 0 | 0 | 0 | 3.92 | -26.04 | -33.67 | 0.06 | 0.0 | -25.0 | 7.9 | 0.64 | 14.83 | 5.72 | 20.17 | 35.55 | 0.45 | 25.0 | 0 | 23.5 | 16.8 | 29.76 | 29.67 | 17.6 | 32.87 | -0.07 | -136.84 | 87.72 | 23.43 | 15.36 | 33.58 | 0.00 | 0 | 0 |
| 22Q1 (10) | 38.19 | 2.66 | 300.73 | 0 | -100.0 | -100.0 | 0.1 | 0 | -87.18 | 0 | 0 | 0 | 13.84 | 21.83 | 81.39 | 3.59 | 25.09 | 86.98 | 11.88 | 15.45 | 32.44 | 26.67 | -0.65 | -11.48 | 15.04 | 8.99 | 62.42 | 0 | 0 | 0 | 5.3 | -2.03 | 109.49 | 0.06 | 0.0 | -40.0 | 7.85 | 0.0 | 14.1 | 4.76 | 0.0 | 12.8 | 0.36 | 0.0 | 0 | 20.12 | -11.79 | 6.06 | 25.23 | -9.63 | 8.75 | 0.19 | 142.22 | 142.22 | 20.31 | -9.17 | 9.67 | 0.00 | 0 | 0 |
| 21Q4 (9) | 37.2 | 151.35 | 362.11 | 0.5 | -73.12 | -91.44 | 0 | 0 | -100.0 | 0 | 0 | 0 | 11.36 | 9.44 | 31.94 | 2.87 | 3.24 | 28.7 | 10.29 | -6.2 | 12.09 | 26.85 | -12.93 | -35.25 | 13.8 | 14.24 | 60.65 | 0 | 0 | 0 | 5.41 | -7.84 | 113.83 | 0.06 | -14.29 | -33.33 | 7.85 | 13.28 | 14.1 | 4.76 | 0.0 | 12.8 | 0.36 | 0.0 | 0 | 22.81 | 14.05 | 33.7 | 27.92 | 11.19 | 31.2 | -0.45 | 23.73 | -25.0 | 22.36 | 15.2 | 33.89 | 0.00 | 0 | 0 |
| 21Q3 (8) | 14.8 | 46.53 | 110.83 | 1.86 | -13.89 | -77.01 | 0 | 0 | -100.0 | 0 | 0 | 0 | 10.38 | 15.85 | 57.27 | 2.78 | 33.01 | 159.81 | 10.97 | 8.61 | 29.98 | 30.83 | -2.93 | -50.57 | 12.08 | 11.65 | 24.79 | 0 | 0 | 0 | 5.87 | -0.68 | 358.59 | 0.07 | -12.5 | -22.22 | 6.93 | 0.73 | 0.73 | 4.76 | 12.8 | 12.8 | 0.36 | 0 | 0 | 20.0 | 10.44 | 35.59 | 25.11 | 12.45 | 32.37 | -0.59 | -3.51 | 9.23 | 19.41 | 10.66 | 37.66 | 0.00 | 0 | 0 |
| 21Q2 (7) | 10.1 | 5.98 | 43.26 | 2.16 | -49.3 | -69.66 | 0 | -100.0 | 0 | 0 | 0 | 0 | 8.96 | 17.43 | 29.29 | 2.09 | 8.85 | 34.84 | 10.1 | 12.6 | 23.77 | 31.76 | 5.41 | 0 | 10.82 | 16.85 | 10.41 | 0 | 0 | 0 | 5.91 | 133.6 | 112.59 | 0.08 | -20.0 | -20.0 | 6.88 | 0.0 | 0.0 | 4.22 | 0.0 | 0.0 | 0 | 0 | 0 | 18.11 | -4.53 | 32.38 | 22.33 | -3.75 | 24.75 | -0.57 | -26.67 | 31.33 | 17.54 | -5.29 | 36.5 | 0.00 | 0 | 0 |
| 21Q1 (6) | 9.53 | 18.39 | 0 | 4.26 | -27.05 | 0 | 0.78 | -48.0 | 0 | 0 | 0 | 0 | 7.63 | -11.38 | 0 | 1.92 | -13.9 | 0 | 8.97 | -2.29 | 0 | 30.13 | -27.33 | 0 | 9.26 | 7.8 | 0 | 0 | 0 | 0 | 2.53 | 0.0 | 0 | 0.1 | 11.11 | 0 | 6.88 | 0.0 | 0 | 4.22 | 0.0 | 0 | 0 | 0 | 0 | 18.97 | 11.2 | 0 | 23.2 | 9.02 | 0 | -0.45 | -25.0 | 0 | 18.52 | 10.9 | 0 | 0.00 | 0 | 0 |
| 20Q4 (5) | 8.05 | 14.67 | 0 | 5.84 | -27.81 | 0 | 1.5 | 0.0 | 0 | 0 | 0 | 0 | 8.61 | 30.45 | 0 | 2.23 | 108.41 | 0 | 9.18 | 8.77 | 0 | 41.46 | -33.53 | 0 | 8.59 | -11.26 | 0 | 0 | 0 | 0 | 2.53 | 97.66 | 0 | 0.09 | 0.0 | 0 | 6.88 | 0.0 | 0 | 4.22 | 0.0 | 0 | 0 | 0 | 0 | 17.06 | 15.66 | 0 | 21.28 | 12.18 | 0 | -0.36 | 44.62 | 0 | 16.7 | 18.44 | 0 | 0.00 | 0 | 0 |
| 20Q3 (4) | 7.02 | -0.43 | 0.0 | 8.09 | 13.62 | 0.0 | 1.5 | 0 | 0.0 | 0 | 0 | 0.0 | 6.6 | -4.76 | 0.0 | 1.07 | -30.97 | 0.0 | 8.44 | 3.43 | 0.0 | 62.38 | 0 | 0.0 | 9.68 | -1.22 | 0.0 | 0 | 0 | 0.0 | 1.28 | -53.96 | 0.0 | 0.09 | -10.0 | 0.0 | 6.88 | 0.0 | 0.0 | 4.22 | 0.0 | 0.0 | 0 | 0 | 0.0 | 14.75 | 7.82 | 0.0 | 18.97 | 5.98 | 0.0 | -0.65 | 21.69 | 0.0 | 14.1 | 9.73 | 0.0 | 0.00 | 0 | 0.0 |
