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) | 28.29 | -7.76 | 0.18 | -78.05 | 0 | 0 | 0 | 0 | 69.05 | -6.69 | 2.89 | 9.06 | 8.73 | 88.96 | 12.64 | 102.51 | 8.38 | 3.97 | 1.92 | -3.03 | 0 | 0 | 0.05 | -78.26 | 8.0 | 0.0 | 0.99 | 35.62 | 4.69 | 0.0 | 3.72 | 37.78 | 9.41 | 15.89 | -3.02 | 0 | 0.7 | 311.76 | 0.48 | 1.06 |
| 2022 (9) | 30.67 | -31.23 | 0.82 | 0 | 0 | 0 | 0 | 0 | 74.0 | -29.58 | 2.65 | -38.08 | 4.62 | -59.65 | 6.24 | -42.7 | 8.06 | -27.06 | 1.98 | 5.88 | 0 | 0 | 0.23 | -54.0 | 8.0 | -40.43 | 0.73 | 143.33 | 4.69 | -0.42 | 2.7 | -37.06 | 8.12 | -12.69 | -2.53 | 0 | 0.17 | -75.36 | 0.47 | 16.03 |
| 2021 (8) | 44.6 | 14.92 | 0 | 0 | 0 | 0 | 0 | 0 | 105.08 | 11.0 | 4.28 | 43.14 | 11.45 | -40.36 | 10.90 | -46.27 | 11.05 | -1.43 | 1.87 | -85.22 | 0 | 0 | 0.5 | -27.54 | 13.43 | 0.0 | 0.3 | 0 | 4.71 | 0.0 | 4.29 | 43.0 | 9.3 | 20.78 | -3.6 | 0 | 0.69 | 885.71 | 0.41 | 8.49 |
| 2020 (7) | 38.81 | -7.26 | 0.71 | -75.6 | 0.32 | -90.86 | 0 | 0 | 94.67 | -14.47 | 2.99 | 382.26 | 19.2 | 49.07 | 20.28 | 74.28 | 11.21 | 13.69 | 12.65 | 0.08 | 5.98 | 754.29 | 0.69 | -17.86 | 13.43 | 0.0 | 0 | 0 | 4.71 | 0.0 | 3.0 | 0 | 7.7 | 113.3 | -2.93 | 0 | 0.07 | 0 | 0.37 | 4.3 |
| 2019 (6) | 41.85 | 7.17 | 2.91 | -27.25 | 3.5 | 929.41 | 0 | 0 | 110.68 | 0.06 | 0.62 | 0 | 12.88 | -4.45 | 11.64 | -4.51 | 9.86 | -12.97 | 12.64 | -1.86 | 0.7 | -83.41 | 0.84 | -25.66 | 13.43 | 0.0 | 1.77 | 0.0 | 4.71 | 0.0 | -2.87 | 0 | 3.61 | -36.33 | -2.58 | 0 | -5.45 | 0 | 0.36 | 4.57 |
| 2018 (5) | 39.05 | -15.79 | 4.0 | -33.33 | 0.34 | 6.25 | 0 | 0 | 110.61 | -6.37 | -1.99 | 0 | 13.48 | 2.82 | 12.19 | 9.81 | 11.33 | 15.61 | 12.88 | 7.78 | 4.22 | -6.64 | 1.13 | -36.52 | 13.43 | 0.0 | 1.77 | 0.0 | 4.71 | 0.0 | -0.8 | 0 | 5.67 | -26.08 | -1.86 | 0 | -2.66 | 0 | 0.34 | 1.49 |
| 2017 (4) | 46.37 | -13.03 | 6.0 | 41.51 | 0.32 | 0 | 0 | 0 | 118.13 | -3.65 | -1.47 | 0 | 13.11 | -2.31 | 11.10 | 1.39 | 9.8 | -11.23 | 11.95 | -8.43 | 4.52 | 9.18 | 1.78 | -28.8 | 13.43 | 0.0 | 1.77 | 2.91 | 4.71 | 0.0 | 1.19 | -61.61 | 7.67 | -19.52 | -1.79 | 0 | -0.6 | 0 | 0.34 | 5.73 |
| 2016 (3) | 53.32 | -4.6 | 4.24 | 341.67 | 0 | 0 | 0 | 0 | 122.61 | -10.26 | 0.45 | 0 | 13.42 | 11.0 | 10.95 | 23.69 | 11.04 | -20.46 | 13.05 | -8.23 | 4.14 | -36.7 | 2.5 | 138.1 | 13.43 | 0.0 | 1.72 | 0.0 | 4.71 | 0.0 | 3.1 | 16.98 | 9.53 | 4.96 | -0.49 | 0 | 2.61 | -38.44 | 0.32 | 2.95 |
| 2015 (2) | 55.89 | -20.1 | 0.96 | -77.25 | 0.12 | 0 | 0 | 0 | 136.63 | -0.02 | -0.81 | 0 | 12.09 | -11.75 | 8.85 | -11.73 | 13.88 | 28.28 | 14.22 | -2.0 | 6.54 | -10.78 | 1.05 | 3.96 | 13.43 | 0.0 | 1.72 | 97.7 | 4.71 | -4.46 | 2.65 | -72.02 | 9.08 | -40.54 | 1.59 | 26.19 | 4.24 | -60.48 | 0.31 | 6.72 |
| 2014 (1) | 69.95 | 3.14 | 4.22 | -41.87 | 0 | 0 | 0 | 0 | 136.66 | -1.92 | 8.55 | 0 | 13.7 | 2.93 | 10.02 | 4.95 | 10.82 | -4.25 | 14.51 | 265.49 | 7.33 | 0 | 1.01 | 2.02 | 13.43 | -50.0 | 0.87 | 0.0 | 4.93 | 0.0 | 9.47 | 940.66 | 15.27 | 127.23 | 1.26 | 0 | 10.73 | 7564.29 | 0.29 | 10.04 |
| 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) | 20.91 | -6.11 | -14.83 | 1.8 | -34.78 | 47.54 | 0 | 0 | 0 | 0 | 0 | 0 | 25.34 | 30.96 | 15.18 | 0.58 | -1.69 | -67.6 | 14.06 | 35.32 | 15.62 | 17.62 | 29.66 | -4.59 | 7.72 | -18.65 | 0.52 | 1.87 | 3.31 | 0.0 | 0 | 0 | 0 | 0.01 | 0.0 | -88.89 | 8.0 | 0.0 | 0.0 | 1.28 | 0.0 | 29.29 | 4.69 | 0.0 | 0.0 | 3.17 | 22.39 | -2.76 | 9.14 | 6.78 | 2.12 | -2.15 | -29.52 | -8.04 | 1.02 | 9.68 | -19.69 | 0.49 | 1.05 | 2.6 |
| 24Q2 (19) | 22.27 | -12.53 | -7.17 | 2.76 | 187.5 | 78.06 | 0 | 0 | 0 | 0 | 0 | 0 | 19.35 | 13.36 | 34.94 | 0.59 | 47.5 | 51.28 | 10.39 | 21.38 | 60.59 | 13.59 | 13.42 | 31.85 | 9.49 | 22.14 | 35.77 | 1.81 | -4.23 | -3.21 | 0 | 0 | 0 | 0.01 | -50.0 | -92.31 | 8.0 | 0.0 | 0.0 | 1.28 | 29.29 | 29.29 | 4.69 | 0.0 | 0.0 | 2.59 | 13.6 | 76.19 | 8.56 | 7.4 | 19.55 | -1.66 | 16.16 | 45.93 | 0.93 | 210.0 | 158.12 | 0.48 | -1.91 | 1.96 |
| 24Q1 (18) | 25.46 | -10.0 | -4.21 | 0.96 | 433.33 | 37.14 | 0 | 0 | 0 | 0 | 0 | 0 | 17.07 | -5.27 | 16.12 | 0.4 | -13.04 | 60.0 | 8.56 | -1.95 | 31.09 | 11.98 | -5.2 | 26.79 | 7.77 | -7.28 | 10.06 | 1.89 | -1.56 | -3.08 | 0 | 0 | 0 | 0.02 | -60.0 | -88.89 | 8.0 | 0.0 | 0.0 | 0.99 | 0.0 | 35.62 | 4.69 | 0.0 | 0.0 | 2.28 | -38.71 | 70.15 | 7.97 | -15.3 | 17.73 | -1.98 | 34.44 | 20.48 | 0.3 | -57.14 | 126.09 | 0.49 | 3.49 | 1.46 |
| 23Q4 (17) | 28.29 | 15.23 | -7.76 | 0.18 | -85.25 | -78.05 | 0 | 0 | 0 | 0 | 0 | 0 | 18.02 | -18.09 | 21.84 | 0.46 | -74.3 | 70.37 | 8.73 | -28.21 | 88.96 | 12.64 | -31.57 | 102.45 | 8.38 | 9.11 | 3.97 | 1.92 | 2.67 | -3.03 | 0 | 0 | 0 | 0.05 | -44.44 | -78.26 | 8.0 | 0.0 | 0.0 | 0.99 | 0.0 | 35.62 | 4.69 | 0.0 | 0.0 | 3.72 | 14.11 | 37.78 | 9.41 | 5.14 | 15.89 | -3.02 | -51.76 | -19.37 | 0.7 | -44.88 | 311.76 | 0.48 | 0.03 | 1.06 |
| 23Q3 (16) | 24.55 | 2.33 | -15.84 | 1.22 | -21.29 | -78.48 | 0 | 0 | 0 | 0 | 0 | 0 | 22.0 | 53.42 | 16.22 | 1.79 | 358.97 | 98.89 | 12.16 | 87.94 | 23.7 | 18.47 | 79.18 | 56.57 | 7.68 | 9.87 | 2.81 | 1.87 | 0.0 | -3.11 | 0 | 0 | 0 | 0.09 | -30.77 | -70.0 | 8.0 | 0.0 | 0.0 | 0.99 | 0.0 | 35.62 | 4.69 | 0.0 | 0.0 | 3.26 | 121.77 | 35.27 | 8.95 | 25.0 | 14.3 | -1.99 | 35.18 | 23.17 | 1.27 | 179.38 | 805.56 | 0.48 | 0.41 | 0.99 |
| 23Q2 (15) | 23.99 | -9.74 | -17.16 | 1.55 | 121.43 | -69.37 | 0 | 0 | 0 | 0 | 0 | 0 | 14.34 | -2.45 | -30.62 | 0.39 | 56.0 | -61.76 | 6.47 | -0.92 | -30.65 | 10.31 | 9.07 | 1.27 | 6.99 | -0.99 | -18.82 | 1.87 | -4.1 | 6.86 | 0 | 0 | 0 | 0.13 | -27.78 | -63.89 | 8.0 | 0.0 | 0.0 | 0.99 | 35.62 | 35.62 | 4.69 | 0.0 | -0.42 | 1.47 | 9.7 | -1.34 | 7.16 | 5.76 | 3.32 | -3.07 | -23.29 | -1.66 | -1.6 | -39.13 | -4.58 | 0.47 | -2.39 | 0.61 |
| 23Q1 (14) | 26.58 | -13.34 | -21.29 | 0.7 | -14.63 | -81.18 | 0 | 0 | 0 | 0 | 0 | 0 | 14.7 | -0.61 | -25.0 | 0.25 | -7.41 | -44.44 | 6.53 | 41.34 | -35.28 | 9.45 | 51.37 | -6.96 | 7.06 | -12.41 | -21.73 | 1.95 | -1.52 | 5.41 | 0 | 0 | 0 | 0.18 | -21.74 | -59.09 | 8.0 | 0.0 | 0.0 | 0.73 | 0.0 | 143.33 | 4.69 | 0.0 | -0.42 | 1.34 | -50.37 | 48.89 | 6.77 | -16.63 | 14.75 | -2.49 | 1.58 | 11.07 | -1.15 | -776.47 | 39.47 | 0.48 | 3.08 | 1.43 |
| 22Q4 (13) | 30.67 | 5.14 | -31.23 | 0.82 | -85.54 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14.79 | -21.87 | -38.68 | 0.27 | -70.0 | -59.09 | 4.62 | -53.0 | -59.65 | 6.24 | -47.07 | -42.7 | 8.06 | 7.9 | -27.06 | 1.98 | 2.59 | 5.88 | 0 | 0 | 0 | 0.23 | -23.33 | -54.0 | 8.0 | 0.0 | -40.43 | 0.73 | 0.0 | 143.33 | 4.69 | 0.0 | -0.42 | 2.7 | 12.03 | -37.06 | 8.12 | 3.7 | -12.69 | -2.53 | 2.32 | 29.72 | 0.17 | 194.44 | -75.36 | 0.47 | -0.04 | 16.03 |
| 22Q3 (12) | 29.17 | 0.73 | -24.0 | 5.67 | 12.06 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18.93 | -8.42 | -30.56 | 0.9 | -11.76 | -57.94 | 9.83 | 5.36 | -54.26 | 11.80 | 15.89 | -39.6 | 7.47 | -13.24 | -42.71 | 1.93 | 10.29 | 2.12 | 0 | 0 | 0 | 0.3 | -16.67 | -48.28 | 8.0 | 0.0 | -40.43 | 0.73 | 0.0 | 143.33 | 4.69 | -0.42 | -0.42 | 2.41 | 61.74 | -33.61 | 7.83 | 12.99 | -9.38 | -2.59 | 14.24 | 30.93 | -0.18 | 88.24 | -50.0 | 0.47 | 0.04 | 17.05 |
| 22Q2 (11) | 28.96 | -14.24 | -23.26 | 5.06 | 36.02 | 304.8 | 0 | 0 | -100.0 | 0 | 0 | 0 | 20.67 | 5.46 | -27.09 | 1.02 | 126.67 | 24.39 | 9.33 | -7.53 | -50.69 | 10.18 | 0.22 | -39.24 | 8.61 | -4.55 | -32.42 | 1.75 | -5.41 | -7.41 | 0 | 0 | 0 | 0.36 | -18.18 | -45.45 | 8.0 | 0.0 | -40.43 | 0.73 | 143.33 | 0 | 4.71 | 0.0 | 0.0 | 1.49 | 65.56 | -16.76 | 6.93 | 17.46 | 6.62 | -3.02 | -7.86 | 15.17 | -1.53 | 19.47 | 13.56 | 0.47 | -1.6 | 15.88 |
| 22Q1 (10) | 33.77 | -24.28 | -20.18 | 3.72 | 0 | -6.3 | 0 | 0 | -100.0 | 0 | 0 | 0 | 19.6 | -18.74 | -22.65 | 0.45 | -31.82 | -32.84 | 10.09 | -11.88 | -42.87 | 10.16 | -6.79 | -39.31 | 9.02 | -18.37 | -22.31 | 1.85 | -1.07 | -79.54 | 0 | 0 | -100.0 | 0.44 | -12.0 | -35.29 | 8.0 | -40.43 | -40.43 | 0.3 | 0.0 | 0 | 4.71 | 0.0 | 0.0 | 0.9 | -79.02 | -8.16 | 5.9 | -36.56 | 3.87 | -2.8 | 22.22 | 9.97 | -1.9 | -375.36 | 10.8 | 0.48 | 17.91 | 16.93 |
| 21Q4 (9) | 44.6 | 16.21 | 14.92 | 0 | 0 | -100.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 24.12 | -11.52 | -17.03 | 0.66 | -69.16 | -30.53 | 11.45 | -46.72 | -40.36 | 10.90 | -44.21 | -46.27 | 11.05 | -15.26 | -1.43 | 1.87 | -1.06 | -85.22 | 0 | 0 | -100.0 | 0.5 | -13.79 | -27.54 | 13.43 | 0.0 | 0.0 | 0.3 | 0.0 | 0 | 4.71 | 0.0 | 0.0 | 4.29 | 18.18 | 43.0 | 9.3 | 7.64 | 20.78 | -3.6 | 4.0 | -22.87 | 0.69 | 675.0 | 885.71 | 0.41 | 0.84 | 8.49 |
| 21Q3 (8) | 38.38 | 1.7 | 4.46 | 0 | -100.0 | -100.0 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 27.26 | -3.84 | -9.62 | 2.14 | 160.98 | 62.12 | 21.49 | 13.58 | 6.28 | 19.53 | 16.58 | -12.75 | 13.04 | 2.35 | 47.85 | 1.89 | 0.0 | -85.12 | 0 | 0 | 0 | 0.58 | -12.12 | -1.69 | 13.43 | 0.0 | 0.0 | 0.3 | 0 | 0 | 4.71 | 0.0 | 0.0 | 3.63 | 102.79 | 77.94 | 8.64 | 32.92 | 28.19 | -3.75 | -5.34 | -16.46 | -0.12 | 93.22 | 89.83 | 0.40 | -0.97 | 10.23 |
| 21Q2 (7) | 37.74 | -10.8 | 10.29 | 1.25 | -68.51 | -70.79 | 3.96 | 1220.0 | 19.64 | 0 | 0 | 0 | 28.35 | 11.88 | 35.39 | 0.82 | 22.39 | -5.75 | 18.92 | 7.13 | 46.33 | 16.76 | 0.1 | 0 | 12.74 | 9.73 | 71.7 | 1.89 | -79.09 | -85.21 | 0 | -100.0 | -100.0 | 0.66 | -2.94 | 3.12 | 13.43 | 0.0 | 0.0 | 0 | 0 | 0 | 4.71 | 0.0 | 0.0 | 1.79 | 82.65 | 152.11 | 6.5 | 14.44 | 19.93 | -3.56 | -14.47 | -8.54 | -1.77 | 16.9 | 31.13 | 0.41 | -0.7 | 13.66 |
| 21Q1 (6) | 42.31 | 9.02 | 17.27 | 3.97 | 459.15 | 32.78 | 0.3 | -6.25 | -91.28 | 0 | 0 | 0 | 25.34 | -12.83 | 74.76 | 0.67 | -29.47 | 546.67 | 17.66 | -8.02 | 83.77 | 16.74 | -17.47 | 0 | 11.61 | 3.57 | 30.74 | 9.04 | -28.54 | -30.67 | 5.5 | -8.03 | 685.71 | 0.68 | -1.45 | -16.05 | 13.43 | 0.0 | 0.0 | 0 | 0 | -100.0 | 4.71 | 0.0 | 0.0 | 0.98 | -67.33 | 132.45 | 5.68 | -26.23 | 64.64 | -3.11 | -6.14 | -10.68 | -2.13 | -3142.86 | 63.46 | 0.41 | 9.4 | 14.06 |
| 20Q4 (5) | 38.81 | 5.63 | -7.26 | 0.71 | -84.08 | -75.6 | 0.32 | -90.06 | -90.86 | 0 | 0 | 0 | 29.07 | -3.61 | 17.6 | 0.95 | -28.03 | 658.82 | 19.2 | -5.04 | 49.07 | 20.28 | -9.41 | 0 | 11.21 | 27.1 | 13.69 | 12.65 | -0.39 | 0.08 | 5.98 | 0 | 754.29 | 0.69 | 16.95 | -17.86 | 13.43 | 0.0 | 0.0 | 0 | 0 | -100.0 | 4.71 | 0.0 | 0.0 | 3.0 | 47.06 | 204.53 | 7.7 | 14.24 | 113.3 | -2.93 | 9.01 | -13.57 | 0.07 | 105.93 | 101.28 | 0.37 | 2.46 | 4.3 |
| 20Q3 (4) | 36.74 | 7.36 | 0.0 | 4.46 | 4.21 | 0.0 | 3.22 | -2.72 | 0.0 | 0 | 0 | 0.0 | 30.16 | 44.03 | 0.0 | 1.32 | 51.72 | 0.0 | 20.22 | 56.38 | 0.0 | 22.39 | 0 | 0.0 | 8.82 | 18.87 | 0.0 | 12.7 | -0.63 | 0.0 | 0 | -100.0 | 0.0 | 0.59 | -7.81 | 0.0 | 13.43 | 0.0 | 0.0 | 0 | 0 | 0.0 | 4.71 | 0.0 | 0.0 | 2.04 | 187.32 | 0.0 | 6.74 | 24.35 | 0.0 | -3.22 | 1.83 | 0.0 | -1.18 | 54.09 | 0.0 | 0.36 | 2.12 | 0.0 |
