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) | 14.59 | -1.29 | 8.18 | 5.55 | 0.18 | -98.85 | 0 | 0 | 46.64 | -22.07 | 2.6 | -33.5 | 14.7 | -21.43 | 31.52 | 0.82 | 8.13 | -12.11 | 10.33 | -1.34 | 8.5 | 0 | 0.22 | -77.78 | 6.22 | 0.0 | 0 | 0 | 0 | 0 | 13.89 | 14.23 | 13.89 | 14.23 | -0.59 | 0 | 13.3 | 10.65 | 0.03 | 5.37 |
| 2022 (9) | 14.78 | -56.44 | 7.75 | -17.11 | 15.64 | 0 | 0 | 0 | 59.85 | -6.03 | 3.91 | -16.09 | 18.71 | -2.6 | 31.26 | 3.65 | 9.25 | 5.71 | 10.47 | 2036.73 | 0 | 0 | 0.99 | -5.71 | 6.22 | -0.48 | 0 | 0 | 0 | 0 | 12.16 | 29.22 | 12.16 | 15.26 | -0.14 | 0 | 12.02 | 39.93 | 0.03 | 373.39 |
| 2021 (8) | 33.93 | 106.89 | 9.35 | 20.96 | 0 | 0 | 0 | 0 | 63.69 | 16.41 | 4.66 | 2.19 | 19.21 | -13.19 | 30.16 | -25.43 | 8.75 | 39.78 | 0.49 | 58.06 | 15.44 | 346.24 | 1.05 | -13.93 | 6.25 | 23.52 | 0 | 0 | 1.14 | 12.87 | 9.41 | 4.09 | 10.55 | 4.98 | -0.82 | 0 | 8.59 | 0.47 | 0.01 | -11.32 |
| 2020 (7) | 16.4 | 74.1 | 7.73 | -19.9 | 0 | 0 | 0 | 0 | 54.71 | 8.49 | 4.56 | 76.06 | 22.13 | 6.04 | 40.45 | -2.26 | 6.26 | -15.06 | 0.31 | -6.06 | 3.46 | -62.84 | 1.22 | -2.4 | 5.06 | 6.53 | 0 | 0 | 1.01 | 621.43 | 9.04 | 23.67 | 10.05 | 34.9 | -0.49 | 0 | 8.55 | 28.96 | 0.01 | -24.03 |
| 2019 (6) | 9.42 | 71.27 | 9.65 | -4.36 | 0 | 0 | 0 | 0 | 50.43 | -16.55 | 2.59 | -32.2 | 20.87 | -6.24 | 41.38 | 12.35 | 7.37 | -18.2 | 0.33 | -2.94 | 9.31 | 61.63 | 1.25 | 443.48 | 4.75 | 20.25 | 0 | 0 | 0.14 | 0.0 | 7.31 | 10.26 | 7.45 | 10.21 | -0.68 | 0 | 6.63 | -0.15 | 0.01 | 1.07 |
| 2018 (5) | 5.5 | -9.84 | 10.09 | -34.31 | 0 | 0 | 0 | 0 | 60.43 | 41.99 | 3.82 | 28.19 | 22.26 | 21.24 | 36.84 | -14.61 | 9.01 | 47.46 | 0.34 | 142.86 | 5.76 | 2518.18 | 0.23 | 0.0 | 3.95 | 0.0 | 0 | 0 | 0.14 | -51.72 | 6.63 | 82.14 | 6.76 | 72.01 | 0.01 | -87.5 | 6.64 | 78.49 | 0.01 | -90.46 |
| 2017 (4) | 6.1 | 26.82 | 15.36 | 209.68 | 1.19 | -7.03 | 0 | 0 | 42.56 | 33.12 | 2.98 | 338.24 | 18.36 | 61.05 | 43.14 | 20.98 | 6.11 | 28.36 | 0.14 | -22.22 | 0.22 | -85.62 | 0.23 | -4.17 | 3.95 | 0.0 | 0 | 0 | 0.29 | 93.33 | 3.64 | 42.75 | 3.93 | 46.1 | 0.08 | 0 | 3.72 | 55.0 | 0.09 | 5.07 |
| 2016 (3) | 4.81 | -20.36 | 4.96 | 32.62 | 1.28 | 0 | 0 | 0 | 31.97 | 9.22 | 0.68 | -65.31 | 11.4 | 25.97 | 35.66 | 15.33 | 4.76 | 71.22 | 0.18 | -10.0 | 1.53 | -21.54 | 0.24 | 0.0 | 3.95 | 0.0 | 0 | 0 | 0.15 | 0.0 | 2.55 | -39.86 | 2.69 | -38.72 | -0.15 | 0 | 2.4 | -49.04 | 0.09 | -4.15 |
| 2015 (2) | 6.04 | 68.25 | 3.74 | 6.25 | 0 | 0 | 0 | 0 | 29.27 | -4.6 | 1.96 | -11.31 | 9.05 | -5.14 | 30.92 | -0.57 | 2.78 | 7.75 | 0.2 | 0.0 | 1.95 | -38.1 | 0.24 | 200.0 | 3.95 | 18.98 | 0 | 0 | 0.15 | 0.0 | 4.24 | 4.18 | 4.39 | 4.03 | 0.47 | -26.56 | 4.71 | 0.0 | 0.09 | 0 |
| 2014 (1) | 3.59 | -5.28 | 3.52 | 7.32 | 0 | 0 | 0 | 0 | 30.68 | 45.06 | 2.21 | 68.7 | 9.54 | 40.71 | 31.10 | -3.0 | 2.58 | 21.7 | 0.2 | 11.11 | 3.15 | 0 | 0.08 | 60.0 | 3.32 | 1.22 | 0 | 0 | 0.15 | -25.0 | 4.07 | 45.88 | 4.22 | 41.14 | 0.64 | 178.26 | 4.71 | 55.96 | 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) | 16.53 | 8.61 | -3.5 | 8.79 | 2.21 | 105.37 | 0.31 | 72.22 | -98.04 | 0 | 0 | 0 | 15.45 | 0.39 | 4.25 | 1.32 | 3.94 | 2.33 | 16.15 | -2.18 | -7.87 | 29.52 | -3.31 | -22.05 | 9.35 | 4.24 | 24.17 | 9.82 | -1.41 | -5.21 | 8.37 | -1.53 | 0 | 0.19 | -5.0 | -67.8 | 6.22 | 0.0 | 0.0 | 0 | 0 | 0 | 0.59 | 0.0 | -20.27 | 15.33 | 6.02 | 23.03 | 15.92 | 5.78 | 20.61 | 0.56 | -50.0 | -12.5 | 15.89 | 1.99 | 21.3 | 0.02 | -25.7 | -27.74 |
| 24Q2 (19) | 15.22 | 17.89 | -16.6 | 8.6 | -1.83 | -2.05 | 0.18 | 0.0 | -98.86 | 0 | 0 | 0 | 15.39 | 30.09 | 46.85 | 1.27 | 139.62 | 1170.0 | 16.51 | 4.56 | 34.23 | 30.53 | -4.93 | 10.92 | 8.97 | 8.46 | 9.93 | 9.96 | -3.3 | -4.23 | 8.5 | 0.0 | 0 | 0.2 | -4.76 | -67.74 | 6.22 | 0.0 | 0.0 | 0 | 0 | 0 | 0.59 | 0.0 | 321.43 | 14.46 | 8.31 | 22.34 | 15.05 | 7.96 | 25.84 | 1.12 | 34.94 | 251.35 | 15.58 | 9.87 | 40.61 | 0.03 | 3.44 | 0.86 |
| 24Q1 (18) | 12.91 | -11.51 | -34.07 | 8.76 | 7.09 | 9.36 | 0.18 | 0.0 | -98.85 | 0 | 0 | 0 | 11.83 | -1.74 | 27.2 | 0.53 | -55.83 | 5200.0 | 15.79 | 7.41 | 28.69 | 32.11 | 1.89 | 39.73 | 8.27 | 1.72 | -5.81 | 10.3 | -0.29 | -1.53 | 8.5 | 0.0 | 0 | 0.21 | -4.55 | -78.35 | 6.22 | 0.0 | 0.0 | 0 | 0 | 0 | 0.59 | 0 | 321.43 | 13.35 | -3.89 | 13.91 | 13.94 | 0.36 | 17.54 | 0.83 | 240.68 | 2666.67 | 14.18 | 6.62 | 20.68 | 0.03 | -1.27 | 5.88 |
| 23Q4 (17) | 14.59 | -14.83 | -1.29 | 8.18 | 91.12 | 5.55 | 0.18 | -98.86 | -98.85 | 0 | 0 | 0 | 12.04 | -18.76 | 2.99 | 1.2 | -6.98 | 275.0 | 14.7 | -16.14 | -21.43 | 31.52 | -16.77 | 0.84 | 8.13 | 7.97 | -12.11 | 10.33 | -0.29 | -1.34 | 8.5 | 0 | 0 | 0.22 | -62.71 | -77.78 | 6.22 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | -100.0 | 0 | 13.89 | 11.48 | 14.23 | 13.89 | 5.23 | 14.23 | -0.59 | -192.19 | -321.43 | 13.3 | 1.53 | 10.65 | 0.03 | -4.77 | 5.37 |
| 23Q3 (16) | 17.13 | -6.14 | 31.06 | 4.28 | -51.25 | -51.91 | 15.78 | 0.32 | 0 | 0 | 0 | 0 | 14.82 | 41.41 | 12.1 | 1.29 | 1190.0 | 4.88 | 17.53 | 42.52 | -28.54 | 37.87 | 37.59 | -2.79 | 7.53 | -7.72 | -24.47 | 10.36 | -0.38 | -1.52 | 0 | 0 | -100.0 | 0.59 | -4.84 | -41.0 | 6.22 | 0.0 | 0.0 | 0 | 0 | 0 | 0.74 | 428.57 | 469.23 | 12.46 | 5.41 | 3.66 | 13.2 | 10.37 | 8.64 | 0.64 | 186.49 | 100.0 | 13.1 | 18.23 | 6.16 | 0.03 | 3.71 | 23.82 |
| 23Q2 (15) | 18.25 | -6.79 | 41.36 | 8.78 | 9.61 | 24.01 | 15.73 | 0.25 | 0 | 0 | 0 | 0 | 10.48 | 12.69 | -45.36 | 0.1 | 900.0 | -91.45 | 12.3 | 0.24 | -52.47 | 27.52 | 19.76 | -31.98 | 8.16 | -7.06 | -10.62 | 10.4 | -0.57 | -1.14 | 0 | 0 | -100.0 | 0.62 | -36.08 | -39.81 | 6.22 | 0.0 | -0.48 | 0 | 0 | 0 | 0.14 | 0.0 | 0 | 11.82 | 0.85 | 2.52 | 11.96 | 0.84 | 3.73 | -0.74 | -2566.67 | -469.23 | 11.08 | -5.7 | -2.81 | 0.03 | 8.59 | 73.91 |
| 23Q1 (14) | 19.58 | 32.48 | 25.59 | 8.01 | 3.35 | 77.61 | 15.69 | 0.32 | 0 | 0 | 0 | 0 | 9.3 | -20.44 | -41.03 | 0.01 | -96.88 | -99.16 | 12.27 | -34.42 | -43.9 | 22.98 | -26.47 | -34.26 | 8.78 | -5.08 | 3.05 | 10.46 | -0.1 | 1911.54 | 0 | 0 | -100.0 | 0.97 | -2.02 | -7.62 | 6.22 | 0.0 | -0.48 | 0 | 0 | 0 | 0.14 | 0 | -82.93 | 11.72 | -3.62 | 15.47 | 11.86 | -2.47 | 8.01 | 0.03 | 121.43 | -90.32 | 11.75 | -2.25 | 12.33 | 0.03 | -1.74 | 87.92 |
| 22Q4 (13) | 14.78 | 13.08 | -56.44 | 7.75 | -12.92 | -17.11 | 15.64 | 0 | 0 | 0 | 0 | 0 | 11.69 | -11.57 | -21.01 | 0.32 | -73.98 | -46.67 | 18.71 | -23.73 | -2.6 | 31.26 | -19.76 | 3.63 | 9.25 | -7.22 | 5.71 | 10.47 | -0.48 | 2036.73 | 0 | -100.0 | -100.0 | 0.99 | -1.0 | -5.71 | 6.22 | 0.0 | -0.48 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 12.16 | 1.16 | 29.22 | 12.16 | 0.08 | 15.26 | -0.14 | -143.75 | 82.93 | 12.02 | -2.59 | 39.93 | 0.03 | 11.89 | 373.39 |
| 22Q3 (12) | 13.07 | 1.24 | -15.95 | 8.9 | 25.71 | -0.11 | 0 | 0 | 0 | 0 | 0 | 0 | 13.22 | -31.07 | -6.97 | 1.23 | 5.13 | -9.56 | 24.53 | -5.22 | 21.8 | 38.96 | -3.73 | 30.44 | 9.97 | 9.2 | 2.26 | 10.52 | 0.0 | 3527.59 | 15.59 | 0.32 | 0 | 1.0 | -2.91 | -4.76 | 6.22 | -0.48 | -0.48 | 0 | 0 | 0 | 0.13 | 0 | -86.6 | 12.02 | 4.25 | 25.21 | 12.15 | 5.38 | 14.95 | 0.32 | 346.15 | 128.07 | 12.34 | 8.25 | 45.86 | 0.02 | 45.66 | 270.19 |
| 22Q2 (11) | 12.91 | -17.19 | -27.63 | 7.08 | 56.98 | -9.23 | 0 | 0 | 0 | 0 | 0 | 0 | 19.18 | 21.62 | 7.87 | 1.17 | -1.68 | 5.41 | 25.88 | 18.34 | 13.06 | 40.46 | 15.75 | 21.92 | 9.13 | 7.16 | 24.9 | 10.52 | 1923.08 | 3293.55 | 15.54 | 0.32 | 0 | 1.03 | -1.9 | -4.63 | 6.25 | 0.0 | 14.89 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 11.53 | 13.6 | 5.2 | 11.53 | 5.01 | -5.49 | -0.13 | -141.94 | 86.6 | 11.4 | 8.99 | 14.11 | 0.02 | 17.34 | 150.0 |
| 22Q1 (10) | 15.59 | -54.05 | -16.27 | 4.51 | -51.76 | -42.62 | 0 | 0 | -100.0 | 0 | 0 | 0 | 15.77 | 6.55 | -6.69 | 1.19 | 98.33 | -24.68 | 21.87 | 13.85 | -0.36 | 34.96 | 15.9 | 0.08 | 8.52 | -2.63 | 17.36 | 0.52 | 6.12 | 67.74 | 15.49 | 0.32 | 0 | 1.05 | 0.0 | -11.76 | 6.25 | 0.0 | 15.1 | 0 | 0 | 0 | 0.82 | -28.07 | -18.81 | 10.15 | 7.86 | -4.43 | 10.98 | 4.08 | -5.59 | 0.31 | 137.8 | 143.66 | 10.46 | 21.77 | 5.55 | 0.01 | 147.52 | 132.45 |
| 21Q4 (9) | 33.93 | 118.2 | 106.89 | 9.35 | 4.94 | 20.96 | 0 | 0 | 0 | 0 | 0 | 0 | 14.8 | 4.15 | -20.22 | 0.6 | -55.88 | -67.39 | 19.21 | -4.62 | -13.19 | 30.16 | 1.0 | -25.43 | 8.75 | -10.26 | 39.78 | 0.49 | 68.97 | 58.06 | 15.44 | 0 | 346.24 | 1.05 | 0.0 | -13.93 | 6.25 | 0.0 | 23.52 | 0 | 0 | 0 | 1.14 | 17.53 | 12.87 | 9.41 | -1.98 | 4.09 | 10.55 | -0.19 | 4.98 | -0.82 | 28.07 | -67.35 | 8.59 | 1.54 | 0.47 | 0.01 | -12.5 | -11.32 |
| 21Q3 (8) | 15.55 | -12.84 | 9.35 | 8.91 | 14.23 | -0.56 | 0 | 0 | -100.0 | 0 | 0 | 0 | 14.21 | -20.08 | -9.72 | 1.36 | 22.52 | 0.74 | 20.14 | -12.01 | 9.99 | 29.86 | -10.02 | -13.96 | 9.75 | 33.38 | 67.53 | 0.29 | -6.45 | 0.0 | 0 | 0 | -100.0 | 1.05 | -2.78 | -13.93 | 6.25 | 14.89 | 32.98 | 0 | 0 | 0 | 0.97 | -21.14 | 42.65 | 9.6 | -12.41 | 20.15 | 10.57 | -13.36 | 21.91 | -1.14 | -17.53 | -12.87 | 8.46 | -15.32 | 21.2 | 0.01 | -1.63 | -30.86 |
| 21Q2 (7) | 17.84 | -4.19 | 38.51 | 7.8 | -0.76 | -8.24 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 17.78 | 5.21 | 52.62 | 1.11 | -29.75 | 14.43 | 22.89 | 4.28 | 68.19 | 33.19 | -4.99 | 0 | 7.31 | 0.69 | 39.24 | 0.31 | 0.0 | 3.33 | 0 | 0 | -100.0 | 1.08 | -9.24 | -9.24 | 5.44 | 0.18 | 15.74 | 0 | 0 | 0 | 1.23 | 21.78 | 80.88 | 10.96 | 3.2 | 65.06 | 12.2 | 4.9 | 66.67 | -0.97 | -36.62 | 24.81 | 9.99 | 0.81 | 86.73 | 0.01 | 9.1 | -32.74 |
| 21Q1 (6) | 18.62 | 13.54 | 58.2 | 7.86 | 1.68 | -9.76 | 0.06 | 0 | -82.86 | 0 | 0 | 0 | 16.9 | -8.89 | 92.7 | 1.58 | -14.13 | 295.0 | 21.95 | -0.81 | 64.42 | 34.93 | -13.65 | 0 | 7.26 | 15.97 | 4.01 | 0.31 | 0.0 | -6.06 | 0 | -100.0 | -100.0 | 1.19 | -2.46 | -2.46 | 5.43 | 7.31 | 14.32 | 0 | 0 | 0 | 1.01 | 0.0 | 621.43 | 10.62 | 17.48 | 37.92 | 11.63 | 15.72 | 48.34 | -0.71 | -44.9 | 24.47 | 9.91 | 15.91 | 46.6 | 0.01 | -5.57 | -31.8 |
| 20Q4 (5) | 16.4 | 15.33 | 74.1 | 7.73 | -13.73 | -19.9 | 0 | -100.0 | 0 | 0 | 0 | 0 | 18.55 | 17.85 | 11.81 | 1.84 | 36.3 | 54.62 | 22.13 | 20.86 | 6.04 | 40.45 | 16.53 | 0 | 6.26 | 7.56 | -15.06 | 0.31 | 6.9 | -6.06 | 3.46 | -63.62 | -62.84 | 1.22 | 0.0 | -2.4 | 5.06 | 7.66 | 6.53 | 0 | 0 | 0 | 1.01 | 48.53 | 621.43 | 9.04 | 13.14 | 23.67 | 10.05 | 15.92 | 34.9 | -0.49 | 51.49 | 27.94 | 8.55 | 22.49 | 28.96 | 0.01 | -31.78 | -24.03 |
| 20Q3 (4) | 14.22 | 10.4 | 0.0 | 8.96 | 5.41 | 0.0 | 0.7 | -89.31 | 0.0 | 0 | 0 | 0.0 | 15.74 | 35.11 | 0.0 | 1.35 | 39.18 | 0.0 | 18.31 | 34.53 | 0.0 | 34.71 | 0 | 0.0 | 5.82 | 10.86 | 0.0 | 0.29 | -3.33 | 0.0 | 9.51 | 239.64 | 0.0 | 1.22 | 2.52 | 0.0 | 4.7 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0.68 | 0.0 | 0.0 | 7.99 | 20.33 | 0.0 | 8.67 | 18.44 | 0.0 | -1.01 | 21.71 | 0.0 | 6.98 | 30.47 | 0.0 | 0.01 | -4.3 | 0.0 |
