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) | 3.34 | -48.38 | 0 | 0 | 0 | 0 | 0 | 0 | 17.11 | -37.76 | 1.07 | -43.68 | 2.45 | -55.45 | 14.32 | -28.43 | 4.46 | -19.06 | 0 | 0 | 0 | 0 | 0.05 | -37.5 | 6.57 | 2.34 | 0.57 | 50.0 | 0.16 | 0.0 | 3.4 | 3.34 | 4.13 | 7.83 | -0.37 | 0 | 3.03 | -7.34 | 0.00 | 0 |
| 2022 (9) | 6.47 | 217.16 | 1.0 | 0 | 0 | 0 | 0 | 0 | 27.49 | 83.88 | 1.9 | 0 | 5.5 | 16.28 | 20.01 | -36.76 | 5.51 | -1.25 | 0 | 0 | 0 | 0 | 0.08 | -52.94 | 6.42 | 0.78 | 0.38 | 0.0 | 0.16 | 0.0 | 3.29 | 136.69 | 3.83 | 98.45 | -0.02 | 0 | 3.27 | 153.49 | 0.00 | 0 |
| 2021 (8) | 2.04 | -70.73 | 0 | 0 | 0 | 0 | 0 | 0 | 14.95 | -8.11 | -0.4 | 0 | 4.73 | 48.74 | 31.64 | 61.88 | 5.58 | 155.96 | 0 | 0 | 0 | 0 | 0.17 | -22.73 | 6.37 | 1.59 | 0.38 | 18.75 | 0.16 | 0.0 | 1.39 | -27.23 | 1.93 | -19.25 | -0.1 | 0 | 1.29 | -29.51 | 0.00 | 0 |
| 2020 (7) | 6.97 | -4.26 | 0 | 0 | 0 | 0 | 0 | 0 | 16.27 | -18.36 | 0.63 | -55.94 | 3.18 | 4.61 | 19.55 | 28.14 | 2.18 | -10.66 | 0 | 0 | 0 | 0 | 0.22 | 2100.0 | 6.27 | 1.13 | 0.32 | 88.24 | 0.16 | 0.0 | 1.91 | -3.54 | 2.39 | 3.02 | -0.08 | 0 | 1.83 | -5.67 | 0.00 | 0 |
| 2019 (6) | 7.28 | 220.7 | 0 | 0 | 0 | 0 | 0 | 0 | 19.93 | 12.66 | 1.43 | 66.28 | 3.04 | -31.38 | 15.25 | -39.09 | 2.44 | -34.23 | 0 | 0 | 0 | 0 | 0.01 | -50.0 | 6.2 | 13.35 | 0.17 | 88.89 | 0.16 | 0.0 | 1.98 | 66.39 | 2.32 | 61.11 | -0.04 | 0 | 1.94 | 64.41 | 0.00 | 0 |
| 2018 (5) | 2.27 | -42.24 | 0.9 | 0 | 0 | 0 | 0 | 0 | 17.69 | 1.26 | 0.86 | 186.67 | 4.43 | 24.79 | 25.04 | 23.24 | 3.71 | 28.82 | 0 | 0 | 0 | 0 | 0.02 | 0.0 | 5.47 | -0.55 | 0.09 | 50.0 | 0.16 | 0.0 | 1.19 | 153.19 | 1.44 | 111.76 | -0.01 | 0 | 1.18 | 180.95 | 0.00 | 0 |
| 2017 (4) | 3.93 | -28.15 | 0 | 0 | 0 | 0 | 0 | 0 | 17.47 | -1.52 | 0.3 | -48.28 | 3.55 | 11.64 | 20.32 | 13.36 | 2.88 | 69.41 | 0 | 0 | 0 | 0 | 0.02 | 0.0 | 5.5 | -21.65 | 0.06 | 0 | 0.16 | 0.0 | 0.47 | -17.54 | 0.68 | -6.85 | -0.05 | 0 | 0.42 | -28.81 | 0.00 | 0 |
| 2016 (3) | 5.47 | 47.84 | 0 | 0 | 0 | 0 | 0 | 0 | 17.74 | 9.64 | 0.58 | 20.83 | 3.18 | -2.15 | 17.93 | -10.76 | 1.7 | 22.3 | 0 | 0 | 0 | 0 | 0.02 | 100.0 | 7.02 | -0.28 | 0 | 0 | 0.16 | 0.0 | 0.57 | 5600.0 | 0.73 | 329.41 | 0.02 | 0 | 0.59 | 0 | 0.00 | 0 |
| 2015 (2) | 3.7 | 25.0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.18 | 42.05 | 0.48 | 0 | 3.25 | 46.4 | 20.09 | 3.06 | 1.39 | -0.71 | 0 | 0 | 0 | 0 | 0.01 | -50.0 | 7.04 | 2.18 | 0 | 0 | 0.16 | 0.0 | 0.01 | 0 | 0.17 | 0 | -0.07 | 0 | -0.06 | 0 | 0.00 | 0 |
| 2014 (1) | 2.96 | -0.67 | 0 | 0 | 0 | 0 | 0 | 0 | 11.39 | -22.83 | -1.41 | 0 | 2.22 | -16.85 | 19.49 | 7.75 | 1.4 | -14.63 | 0 | 0 | 0 | 0 | 0.02 | -50.0 | 6.89 | 0.0 | 0.75 | -3.85 | 0.16 | 0.0 | -1.41 | 0 | -0.5 | 0 | 0.1 | 42.86 | -1.31 | 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) | 4.15 | -11.7 | 8.36 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.5 | 7.42 | 93.66 | 0.55 | 57.14 | 257.14 | 3.98 | 4.74 | 33.56 | 21.72 | -10.47 | 54.41 | 4.07 | -7.71 | -3.33 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | -25.0 | 0.0 | 6.57 | 0.0 | 1.86 | 0.68 | 0.0 | 19.3 | 0.16 | 0.0 | 0.0 | 3.87 | 16.57 | 39.71 | 4.71 | 13.49 | 34.57 | -0.37 | -60.87 | -1950.0 | 3.5 | 13.27 | 25.45 | 0.00 | 0 | 0 |
| 24Q2 (19) | 4.7 | 0.21 | -26.79 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.12 | -2.48 | -0.39 | 0.35 | 75.0 | 9.38 | 3.8 | 21.79 | 2.98 | 24.27 | 21.95 | 75.45 | 4.41 | 19.51 | -7.93 | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 | 0.0 | -20.0 | 6.57 | 0.0 | 1.86 | 0.68 | 19.3 | 19.3 | 0.16 | 0.0 | 0.0 | 3.32 | -7.78 | 6.41 | 4.15 | -4.16 | 7.79 | -0.23 | -27.78 | -2200.0 | 3.09 | -9.65 | -0.64 | 0.00 | 0 | 0 |
| 24Q1 (18) | 4.69 | 40.42 | -15.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.25 | 114.29 | -21.29 | 0.2 | -67.74 | -57.45 | 3.12 | 27.35 | -37.85 | 19.90 | 38.88 | 8.84 | 3.69 | -17.26 | -31.92 | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 | -20.0 | -33.33 | 6.57 | 0.0 | 2.18 | 0.57 | 0.0 | 50.0 | 0.16 | 0.0 | 0.0 | 3.6 | 5.88 | -4.26 | 4.33 | 4.84 | 0.7 | -0.18 | 51.35 | -500.0 | 3.42 | 12.87 | -8.31 | 0.00 | 0 | 0 |
| 23Q4 (17) | 3.34 | -12.79 | -48.38 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.45 | -13.73 | -62.48 | 0.62 | 277.14 | 287.5 | 2.45 | -17.79 | -55.45 | 14.33 | 1.83 | -28.41 | 4.46 | 5.94 | -19.06 | 0 | 0 | 0 | 0 | 0 | 0 | 0.05 | 66.67 | -37.5 | 6.57 | 1.86 | 2.34 | 0.57 | 0.0 | 50.0 | 0.16 | 0.0 | 0.0 | 3.4 | 22.74 | 3.34 | 4.13 | 18.0 | 7.83 | -0.37 | -1950.0 | -1750.0 | 3.03 | 8.6 | -7.34 | 0.00 | 0 | 0 |
| 23Q3 (16) | 3.83 | -40.34 | -22.15 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.84 | -44.75 | -65.95 | -0.35 | -209.38 | -133.98 | 2.98 | -19.24 | -61.55 | 14.07 | 1.73 | -51.85 | 4.21 | -12.11 | -20.11 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | -40.0 | -70.0 | 6.45 | 0.0 | 0.47 | 0.57 | 0.0 | 50.0 | 0.16 | 0.0 | 0.0 | 2.77 | -11.22 | -11.22 | 3.5 | -9.09 | -4.37 | 0.02 | 300.0 | 100.0 | 2.79 | -10.29 | -10.86 | 0.00 | 0 | 0 |
| 23Q2 (15) | 6.42 | 15.26 | 101.89 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.14 | -22.94 | -13.18 | 0.32 | -31.91 | -3.03 | 3.69 | -26.49 | -45.49 | 13.83 | -24.35 | -56.77 | 4.79 | -11.62 | -30.78 | 0 | 0 | 0 | 0 | 0 | 0 | 0.05 | -16.67 | -54.55 | 6.45 | 0.31 | 0.78 | 0.57 | 50.0 | 50.0 | 0.16 | 0.0 | 0.0 | 3.12 | -17.02 | 48.57 | 3.85 | -10.47 | 45.83 | -0.01 | 66.67 | 80.0 | 3.11 | -16.62 | 51.71 | 0.00 | 0 | 0 |
| 23Q1 (14) | 5.57 | -13.91 | 78.53 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.67 | 2.14 | -0.3 | 0.47 | 193.75 | 23.68 | 5.02 | -8.73 | -19.81 | 18.28 | -8.66 | -46.27 | 5.42 | -1.63 | -5.74 | 0 | 0 | 0 | 0 | 0 | 0 | 0.06 | -25.0 | -57.14 | 6.43 | 0.16 | 0.63 | 0.38 | 0.0 | 0.0 | 0.16 | 0.0 | 0.0 | 3.76 | 14.29 | 112.43 | 4.3 | 12.27 | 86.15 | -0.03 | -50.0 | 62.5 | 3.73 | 14.07 | 120.71 | 0.00 | 0 | 0 |
| 22Q4 (13) | 6.47 | 31.5 | 217.16 | 1.0 | -54.55 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.53 | -21.7 | 17.24 | 0.16 | -84.47 | 194.12 | 5.5 | -29.03 | 16.28 | 20.01 | -31.51 | -36.74 | 5.51 | 4.55 | -1.25 | 0 | 0 | 0 | 0 | 0 | 0 | 0.08 | -20.0 | -52.94 | 6.42 | 0.0 | 0.78 | 0.38 | 0.0 | 0.0 | 0.16 | 0.0 | 0.0 | 3.29 | 5.45 | 136.69 | 3.83 | 4.64 | 98.45 | -0.02 | -300.0 | 80.0 | 3.27 | 4.47 | 153.49 | 0.00 | 0 | 0 |
| 22Q3 (12) | 4.92 | 54.72 | -9.06 | 2.2 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.34 | 40.88 | 179.87 | 1.03 | 212.12 | 547.83 | 7.75 | 14.48 | 236.96 | 29.22 | -8.66 | 72.8 | 5.27 | -23.84 | 5.82 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | -9.09 | -50.0 | 6.42 | 0.31 | 0.94 | 0.38 | 0.0 | 0.0 | 0.16 | 0.0 | 0.0 | 3.12 | 48.57 | 100.0 | 3.66 | 38.64 | 74.29 | 0.01 | 120.0 | 110.0 | 3.13 | 52.68 | 114.38 | 0.00 | 0 | 0 |
| 22Q2 (11) | 3.18 | 1.92 | -52.18 | 2.2 | 22.22 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.92 | -11.51 | 87.34 | 0.33 | -13.16 | 466.67 | 6.77 | 8.15 | 165.49 | 31.99 | -5.96 | 81.55 | 6.92 | 20.35 | 99.42 | 0 | 0 | 0 | 0 | 0 | 0 | 0.11 | -21.43 | -52.17 | 6.4 | 0.16 | 1.59 | 0.38 | 0.0 | 18.75 | 0.16 | 0.0 | 0.0 | 2.1 | 18.64 | 9.95 | 2.64 | 14.29 | 10.46 | -0.05 | 37.5 | 50.0 | 2.05 | 21.3 | 13.26 | 0.00 | 0 | 0 |
| 22Q1 (10) | 3.12 | 52.94 | -55.68 | 1.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.69 | 20.11 | 106.48 | 0.38 | 323.53 | 322.22 | 6.26 | 32.35 | 138.02 | 34.02 | 7.53 | 97.79 | 5.75 | 3.05 | 145.73 | 0 | 0 | 0 | 0 | 0 | 0 | 0.14 | -17.65 | -41.67 | 6.39 | 0.31 | 1.59 | 0.38 | 0.0 | 18.75 | 0.16 | 0.0 | 0.0 | 1.77 | 27.34 | -11.5 | 2.31 | 19.69 | -6.85 | -0.08 | 20.0 | 0.0 | 1.69 | 31.01 | -11.98 | 0.00 | 0 | 0 |
| 21Q4 (9) | 2.04 | -62.29 | -70.73 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.57 | 86.91 | 31.99 | -0.17 | 26.09 | -230.77 | 4.73 | 105.65 | 48.74 | 31.64 | 87.08 | 61.88 | 5.58 | 12.05 | 155.96 | 0 | 0 | 0 | 0 | 0 | 0 | 0.17 | -15.0 | -22.73 | 6.37 | 0.16 | 1.59 | 0.38 | 0.0 | 18.75 | 0.16 | 0.0 | 0.0 | 1.39 | -10.9 | -27.23 | 1.93 | -8.1 | -19.25 | -0.1 | 0.0 | -25.0 | 1.29 | -11.64 | -29.51 | 0.00 | 0 | 0 |
| 21Q3 (8) | 5.41 | -18.65 | -15.86 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.98 | -5.7 | -22.6 | -0.23 | -155.56 | -264.29 | 2.3 | -9.8 | -9.8 | 16.91 | -4.03 | 11.88 | 4.98 | 43.52 | 90.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 | -13.04 | 42.86 | 6.36 | 0.95 | 1.44 | 0.38 | 18.75 | 18.75 | 0.16 | 0.0 | 0.0 | 1.56 | -18.32 | -12.36 | 2.1 | -12.13 | -7.08 | -0.1 | 0.0 | -66.67 | 1.46 | -19.34 | -15.12 | 0.00 | 0 | 0 |
| 21Q2 (7) | 6.65 | -5.54 | -17.8 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.16 | -2.47 | -20.6 | -0.09 | -200.0 | -169.23 | 2.55 | -3.04 | 3.66 | 17.62 | 2.45 | 0 | 3.47 | 48.29 | 13.77 | 0 | 0 | 0 | 0 | 0 | 0 | 0.23 | -4.17 | 1050.0 | 6.3 | 0.16 | 1.61 | 0.32 | 0.0 | 0.0 | 0.16 | 0.0 | 0.0 | 1.91 | -4.5 | 16.46 | 2.39 | -3.63 | 12.74 | -0.1 | -25.0 | -100.0 | 1.81 | -5.73 | 13.84 | 0.00 | 0 | 0 |
| 21Q1 (6) | 7.04 | 1.0 | -9.28 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.24 | -23.22 | -23.22 | 0.09 | -30.77 | -60.87 | 2.63 | -17.3 | -7.07 | 17.20 | -11.99 | 0 | 2.34 | 7.34 | -16.43 | 0 | 0 | 0 | 0 | 0 | 0 | 0.24 | 9.09 | 2300.0 | 6.29 | 0.32 | 1.45 | 0.32 | 0.0 | 88.24 | 0.16 | 0.0 | 0.0 | 2.0 | 4.71 | -9.5 | 2.48 | 3.77 | -2.36 | -0.08 | 0.0 | -166.67 | 1.92 | 4.92 | -11.93 | 0.00 | 0 | 0 |
| 20Q4 (5) | 6.97 | 8.4 | -4.26 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.22 | 9.61 | -12.45 | 0.13 | -7.14 | -65.79 | 3.18 | 24.71 | 4.61 | 19.55 | 29.3 | 0 | 2.18 | -16.48 | -10.66 | 0 | 0 | 0 | 0 | 0 | 0 | 0.22 | 57.14 | 2100.0 | 6.27 | 0.0 | 1.13 | 0.32 | 0.0 | 88.24 | 0.16 | 0.0 | 0.0 | 1.91 | 7.3 | -3.54 | 2.39 | 5.75 | 3.02 | -0.08 | -33.33 | -100.0 | 1.83 | 6.4 | -5.67 | 0.00 | 0 | 0 |
| 20Q3 (4) | 6.43 | -20.52 | 0.0 | 0 | -100.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 3.85 | -3.27 | 0.0 | 0.14 | 7.69 | 0.0 | 2.55 | 3.66 | 0.0 | 15.12 | 0 | 0.0 | 2.61 | -14.43 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0.14 | 600.0 | 0.0 | 6.27 | 1.13 | 0.0 | 0.32 | 0.0 | 0.0 | 0.16 | 0.0 | 0.0 | 1.78 | 8.54 | 0.0 | 2.26 | 6.6 | 0.0 | -0.06 | -20.0 | 0.0 | 1.72 | 8.18 | 0.0 | 0.00 | 0 | 0.0 |
