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) | 7.68 | -0.26 | 1.91 | 61.86 | 0.23 | -25.81 | 3.85 | 120.0 | 21.45 | -3.42 | -0.29 | 0 | 0.23 | 666.67 | 1.07 | 693.83 | 1.0 | -72.22 | 4.29 | -8.53 | 0.92 | -17.12 | 0.01 | 0.0 | 22.5 | 0.0 | 0 | 0 | 0 | 0 | -4.28 | 0 | -4.28 | 0 | -4.81 | 0 | -9.09 | 0 | 0.08 | -41.68 |
| 2022 (9) | 7.7 | 17.56 | 1.18 | -74.01 | 0.31 | -78.91 | 1.75 | -7.41 | 22.21 | 40.21 | 1.1 | 0 | 0.03 | -95.77 | 0.14 | -96.99 | 3.6 | 4.65 | 4.69 | 49.84 | 1.11 | -38.67 | 0.01 | -93.75 | 22.5 | 0.0 | 0 | 0 | 0 | 0 | -4.0 | 0 | -4.0 | 0 | -4.49 | 0 | -8.49 | 0 | 0.13 | 129.05 |
| 2021 (8) | 6.55 | 25.24 | 4.54 | -7.91 | 1.47 | 45.54 | 1.89 | -24.1 | 15.84 | -27.8 | -8.72 | 0 | 0.71 | -16.47 | 4.48 | 15.7 | 3.44 | 89.01 | 3.13 | 3.99 | 1.81 | 75.73 | 0.16 | -5.88 | 22.5 | 12.5 | 0 | 0 | 0 | 0 | -13.54 | 0 | -13.54 | 0 | -5.03 | 0 | -18.57 | 0 | 0.06 | 5070.92 |
| 2020 (7) | 5.23 | -13.84 | 4.93 | -32.09 | 1.01 | -28.87 | 2.49 | -33.78 | 21.94 | -5.8 | 0.03 | 0 | 0.85 | -61.01 | 3.87 | -58.61 | 1.82 | 136.36 | 3.01 | 33.19 | 1.03 | -80.57 | 0.17 | -10.53 | 20.0 | 0.0 | 0 | 0 | 0 | 0 | -4.82 | 0 | -4.82 | 0 | -5.37 | 0 | -10.19 | 0 | 0.00 | 0 |
| 2019 (6) | 6.07 | 3.94 | 7.26 | -33.39 | 1.42 | -50.69 | 3.76 | -31.76 | 23.29 | -14.59 | -4.84 | 0 | 2.18 | -60.0 | 9.36 | -53.16 | 0.77 | -49.67 | 2.26 | -19.86 | 5.3 | 24.71 | 0.19 | 0 | 20.0 | -43.9 | 0 | 0 | 0 | 0 | -4.84 | 0 | -4.84 | 0 | -5.12 | 0 | -9.96 | 0 | 0.00 | 0 |
| 2018 (5) | 5.84 | -38.78 | 10.9 | 38.32 | 2.88 | 70.41 | 5.51 | -10.41 | 27.27 | -54.29 | -18.44 | 0 | 5.45 | -53.34 | 19.99 | 2.08 | 1.53 | -59.42 | 2.82 | 0 | 4.25 | -15.0 | 0 | 0 | 35.65 | 0.0 | 0 | 0 | 0.11 | 0.0 | -18.45 | 0 | -18.34 | 0 | -4.57 | 0 | -23.02 | 0 | 0.00 | 0 |
| 2017 (4) | 9.54 | 8.78 | 7.88 | 20.12 | 1.69 | 293.02 | 6.15 | 6.59 | 59.66 | -18.75 | -9.52 | 0 | 11.68 | 29.49 | 19.58 | 59.38 | 3.77 | 29.55 | 0 | 0 | 5.0 | 50.15 | 0.01 | -50.0 | 35.65 | 0.0 | 0 | 0 | 0.11 | 0.0 | -9.52 | 0 | -9.41 | 0 | -3.54 | 0 | -13.06 | 0 | 0.00 | 0 |
| 2016 (3) | 8.77 | -20.92 | 6.56 | 30.16 | 0.43 | -83.77 | 5.77 | 1054.0 | 73.43 | -6.16 | -2.94 | 0 | 9.02 | -12.93 | 12.28 | -7.22 | 2.91 | -49.57 | 0 | 0 | 3.33 | 389.71 | 0.02 | -33.33 | 35.65 | 12.64 | 0.73 | 87.18 | 0.11 | 0 | -0.96 | 0 | -0.12 | 0 | -2.53 | 0 | -3.49 | 0 | 0.00 | 0 |
| 2015 (2) | 11.09 | -12.26 | 5.04 | -36.84 | 2.65 | -3.99 | 0.5 | 0 | 78.25 | 19.39 | 3.33 | 90.29 | 10.36 | 120.43 | 13.24 | 84.62 | 5.77 | -0.52 | 0 | 0 | 0.68 | -67.46 | 0.03 | 200.0 | 31.65 | 14.47 | 0.39 | 77.27 | 0 | 0 | 4.33 | 69.14 | 4.72 | 69.78 | -0.11 | 0 | 4.22 | 53.45 | 0.00 | 0 |
| 2014 (1) | 12.64 | 116.81 | 7.98 | -45.9 | 2.76 | -29.05 | 0 | 0 | 65.54 | 27.31 | 1.75 | -20.09 | 4.7 | 17.79 | 7.17 | -7.48 | 5.8 | 14.4 | 0 | 0 | 2.09 | -12.55 | 0.01 | 0.0 | 27.65 | 19.7 | 0.22 | 0 | 0 | 0 | 2.56 | 6.22 | 2.78 | 15.35 | 0.19 | 850.0 | 2.75 | 13.17 | 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) | 4.58 | -44.48 | -39.01 | 2.05 | -4.21 | 521.21 | 0.31 | 10.71 | 24.0 | 3.68 | 0.27 | 0.82 | 0.74 | -62.63 | -88.6 | -0.88 | -238.46 | -188.89 | 0.2 | -57.45 | -44.44 | 4.02 | -8.31 | 202.1 | 0.59 | 1.72 | -71.5 | 4.24 | -0.47 | -4.93 | 0.96 | 5.49 | -1.03 | 0.02 | 0.0 | 0.0 | 22.5 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.8 | -95.65 | 4.26 | -1.8 | -95.65 | 4.26 | -4.37 | 3.96 | 0.0 | -6.17 | -12.8 | 1.28 | 0.04 | -26.83 | -56.98 |
| 24Q2 (19) | 8.25 | 1.35 | 12.7 | 2.14 | -5.73 | 245.16 | 0.28 | 21.74 | 7.69 | 3.67 | -6.14 | 270.71 | 1.98 | 178.87 | -72.19 | -0.26 | 60.61 | -140.0 | 0.47 | 1075.0 | 135.0 | 4.38 | 1637.86 | 484.54 | 0.58 | -52.46 | -76.23 | 4.26 | -0.7 | -3.62 | 0.91 | 5.81 | -11.65 | 0.02 | 100.0 | 0.0 | 22.5 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.92 | 81.38 | 67.94 | -0.92 | 81.38 | 67.94 | -4.55 | 0.87 | 1.52 | -5.47 | 42.6 | 26.97 | 0.05 | -22.29 | -51.14 |
| 24Q1 (18) | 8.14 | 5.99 | 4.63 | 2.27 | 18.85 | 266.13 | 0.23 | 0.0 | -17.86 | 3.91 | 1.56 | 147.47 | 0.71 | -54.19 | -88.73 | -0.66 | 72.5 | -240.43 | 0.04 | -82.61 | -50.0 | 0.25 | -76.48 | -20.42 | 1.22 | 22.0 | -64.53 | 4.29 | 0.0 | -7.94 | 0.86 | -6.52 | -20.37 | 0.01 | 0.0 | 0.0 | 22.5 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.94 | -15.42 | -40.34 | -4.94 | -15.42 | -40.34 | -4.59 | 4.57 | -2.46 | -9.53 | -4.84 | -19.12 | 0.07 | -14.04 | -44.37 |
| 23Q4 (17) | 7.68 | 2.26 | -0.26 | 1.91 | 478.79 | 61.86 | 0.23 | -8.0 | -25.81 | 3.85 | 5.48 | 120.0 | 1.55 | -76.12 | -78.38 | -2.4 | -342.42 | -237.93 | 0.23 | -36.11 | 666.67 | 1.07 | -19.38 | 693.46 | 1.0 | -51.69 | -72.22 | 4.29 | -3.81 | -8.53 | 0.92 | -5.15 | -17.12 | 0.01 | -50.0 | 0.0 | 22.5 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.28 | -127.66 | -7.0 | -4.28 | -127.66 | -7.0 | -4.81 | -10.07 | -7.13 | -9.09 | -45.44 | -7.07 | 0.08 | -11.99 | -41.68 |
| 23Q3 (16) | 7.51 | 2.6 | 29.71 | 0.33 | -46.77 | -86.13 | 0.25 | -3.85 | -16.67 | 3.65 | 268.69 | 151.72 | 6.49 | -8.85 | 6.39 | 0.99 | 52.31 | 312.5 | 0.36 | 80.0 | 620.0 | 1.33 | 77.41 | 401.45 | 2.07 | -15.16 | -35.51 | 4.46 | 0.9 | -8.23 | 0.97 | -5.83 | -11.01 | 0.02 | 0.0 | -87.5 | 22.5 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.88 | 34.49 | 67.25 | -1.88 | 34.49 | 67.25 | -4.37 | 5.41 | 3.32 | -6.25 | 16.56 | 39.08 | 0.09 | -16.89 | -48.22 |
| 23Q2 (15) | 7.32 | -5.91 | 52.82 | 0.62 | 0.0 | -83.29 | 0.26 | -7.14 | -80.0 | 0.99 | -37.34 | -61.78 | 7.12 | 13.02 | 25.13 | 0.65 | 38.3 | 425.0 | 0.2 | 150.0 | 5.26 | 0.75 | 136.61 | -38.91 | 2.44 | -29.07 | -25.61 | 4.42 | -5.15 | -4.95 | 1.03 | -4.63 | -11.21 | 0.02 | 100.0 | -86.67 | 22.5 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.87 | 18.47 | 52.01 | -2.87 | 18.47 | 52.01 | -4.62 | -3.12 | 2.74 | -7.49 | 6.38 | 30.2 | 0.11 | -11.52 | 189.01 |
| 23Q1 (14) | 7.78 | 1.04 | 0.0 | 0.62 | -47.46 | -86.86 | 0.28 | -9.68 | -78.79 | 1.58 | -9.71 | -28.51 | 6.3 | -12.13 | 93.85 | 0.47 | -72.99 | 169.12 | 0.08 | 166.67 | -42.86 | 0.32 | 134.47 | -66.18 | 3.44 | -4.44 | -11.57 | 4.66 | -0.64 | -3.72 | 1.08 | -2.7 | -27.03 | 0.01 | 0.0 | -93.75 | 22.5 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.52 | 12.0 | 75.25 | -3.52 | 12.0 | 75.25 | -4.48 | 0.22 | 4.68 | -8.0 | 5.77 | 57.72 | 0.12 | -9.89 | 139.54 |
| 22Q4 (13) | 7.7 | 32.99 | 17.56 | 1.18 | -50.42 | -74.01 | 0.31 | 3.33 | -78.91 | 1.75 | 20.69 | -7.41 | 7.17 | 17.54 | 87.7 | 1.74 | 625.0 | 138.16 | 0.03 | -40.0 | -95.77 | 0.14 | -49.05 | -96.99 | 3.6 | 12.15 | 4.65 | 4.69 | -3.5 | 49.84 | 1.11 | 1.83 | -38.67 | 0.01 | -93.75 | -93.75 | 22.5 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.0 | 30.31 | 70.46 | -4.0 | 30.31 | 70.46 | -4.49 | 0.66 | 10.74 | -8.49 | 17.25 | 54.28 | 0.13 | -21.85 | 129.05 |
| 22Q3 (12) | 5.79 | 20.88 | -36.58 | 2.38 | -35.85 | -68.35 | 0.3 | -76.92 | -76.56 | 1.45 | -44.02 | -41.53 | 6.1 | 7.21 | 123.44 | 0.24 | 220.0 | 116.55 | 0.05 | -73.68 | -84.38 | 0.27 | -78.39 | -85.17 | 3.21 | -2.13 | 24.9 | 4.86 | 4.52 | 74.19 | 1.09 | -6.03 | -49.07 | 0.16 | 6.67 | -5.88 | 22.5 | 0.0 | -5.98 | 0 | 0 | 0 | 0 | 0 | 0 | -5.74 | 4.01 | 36.01 | -5.74 | 4.01 | 36.01 | -4.52 | 4.84 | 9.24 | -10.26 | 4.38 | 26.45 | 0.17 | 363.87 | 172.2 |
| 22Q2 (11) | 4.79 | -38.43 | -42.91 | 3.71 | -21.4 | -44.63 | 1.3 | -1.52 | 14.04 | 2.59 | 17.19 | 1.97 | 5.69 | 75.08 | 10.49 | -0.2 | 70.59 | 87.8 | 0.19 | 35.71 | 375.0 | 1.23 | 30.98 | 529.86 | 3.28 | -15.68 | 90.7 | 4.65 | -3.93 | 62.02 | 1.16 | -21.62 | -49.57 | 0.15 | -6.25 | -16.67 | 22.5 | 0.0 | 12.5 | 0 | 0 | 0 | 0 | 0 | 0 | -5.98 | 57.95 | 20.58 | -5.98 | 57.95 | 20.58 | -4.75 | -1.06 | 5.38 | -10.73 | 43.29 | 14.5 | 0.04 | -26.67 | -56.49 |
| 22Q1 (10) | 7.78 | 18.78 | 45.97 | 4.72 | 3.96 | -22.24 | 1.32 | -10.2 | 67.09 | 2.21 | 16.93 | -20.5 | 3.25 | -14.92 | -21.5 | -0.68 | 85.09 | 35.85 | 0.14 | -80.28 | 75.0 | 0.94 | -79.11 | 146.4 | 3.89 | 13.08 | 52.55 | 4.84 | 54.63 | 62.96 | 1.48 | -18.23 | 68.18 | 0.16 | 0.0 | -5.88 | 22.5 | 0.0 | 12.5 | 0 | 0 | 0 | 0 | 0 | 0 | -14.22 | -5.02 | -141.84 | -14.22 | -5.02 | -141.84 | -4.7 | 6.56 | 12.48 | -18.92 | -1.88 | -68.18 | 0.05 | -13.84 | 2187.3 |
| 21Q4 (9) | 6.55 | -28.26 | 25.24 | 4.54 | -39.63 | -7.91 | 1.47 | 14.84 | 45.54 | 1.89 | -23.79 | -24.1 | 3.82 | 39.93 | -35.03 | -4.56 | -214.48 | -1420.0 | 0.71 | 121.88 | -16.47 | 4.48 | 150.73 | 15.64 | 3.44 | 33.85 | 89.01 | 3.13 | 12.19 | 3.99 | 1.81 | -15.42 | 75.73 | 0.16 | -5.88 | -5.88 | 22.5 | -5.98 | 12.5 | 0 | 0 | 0 | 0 | 0 | 0 | -13.54 | -50.95 | -180.91 | -13.54 | -50.95 | -180.91 | -5.03 | -1.0 | 6.33 | -18.57 | -33.12 | -82.24 | 0.06 | -7.13 | 5070.92 |
| 21Q3 (8) | 9.13 | 8.82 | 45.38 | 7.52 | 12.24 | 66.74 | 1.28 | 12.28 | 4.07 | 2.48 | -2.36 | 2.06 | 2.73 | -46.99 | -49.16 | -1.45 | 11.59 | -625.0 | 0.32 | 700.0 | 88.24 | 1.79 | 817.99 | 124.94 | 2.57 | 49.42 | 59.63 | 2.79 | -2.79 | -6.06 | 2.14 | -6.96 | 81.36 | 0.17 | -5.56 | -5.56 | 23.93 | 19.65 | 19.65 | 0 | 0 | 0 | 0 | 0 | 0 | -8.97 | -19.12 | -98.45 | -8.97 | -19.12 | -98.45 | -4.98 | 0.8 | 8.29 | -13.95 | -11.16 | -40.2 | 0.06 | -25.85 | 11179.55 |
| 21Q2 (7) | 8.39 | 57.41 | 6.74 | 6.7 | 10.38 | 108.07 | 1.14 | 44.3 | -9.52 | 2.54 | -8.63 | 0 | 5.15 | 24.4 | -9.01 | -1.64 | -54.72 | -373.33 | 0.04 | -50.0 | -80.95 | 0.19 | -48.76 | 0 | 1.72 | -32.55 | 102.35 | 2.87 | -3.37 | -3.37 | 2.3 | 161.36 | 164.37 | 0.18 | 5.88 | -5.26 | 20.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -7.53 | -28.06 | -74.31 | -7.53 | -28.06 | -74.31 | -5.02 | 6.52 | 7.89 | -12.55 | -11.56 | -28.45 | 0.08 | 3617.99 | 3747.4 |
| 21Q1 (6) | 5.33 | 1.91 | 15.62 | 6.07 | 23.12 | 51.0 | 0.79 | -21.78 | -16.84 | 2.78 | 11.65 | 0 | 4.14 | -29.59 | -17.53 | -1.06 | -253.33 | -1414.29 | 0.08 | -90.59 | -88.06 | 0.38 | -90.19 | 0 | 2.55 | 40.11 | 79.58 | 2.97 | -1.33 | -2.62 | 0.88 | -14.56 | 363.16 | 0.17 | 0.0 | -10.53 | 20.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -5.88 | -21.99 | -19.51 | -5.88 | -21.99 | -19.51 | -5.37 | 0.0 | -1.9 | -11.25 | -10.4 | -10.4 | -0.00 | -313.45 | 0 |
| 20Q4 (5) | 5.23 | -16.72 | -13.84 | 4.93 | 9.31 | -32.09 | 1.01 | -17.89 | -28.87 | 2.49 | 2.47 | -33.78 | 5.88 | 9.5 | 10.11 | -0.3 | -50.0 | 92.42 | 0.85 | 400.0 | -61.01 | 3.88 | 387.69 | 0 | 1.82 | 13.04 | 136.36 | 3.01 | 1.35 | 33.19 | 1.03 | -12.71 | -80.57 | 0.17 | -5.56 | -10.53 | 20.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.82 | -6.64 | 0.41 | -4.82 | -6.64 | 0.41 | -5.37 | 1.1 | -4.88 | -10.19 | -2.41 | -2.31 | 0.00 | 102.59 | 0 |
| 20Q3 (4) | 6.28 | -20.1 | 0.0 | 4.51 | 40.06 | 0.0 | 1.23 | -2.38 | 0.0 | 2.43 | 0 | 0.0 | 5.37 | -5.12 | 0.0 | -0.2 | -133.33 | 0.0 | 0.17 | -19.05 | 0.0 | 0.79 | 0 | 0.0 | 1.61 | 89.41 | 0.0 | 2.97 | 0.0 | 0.0 | 1.18 | 35.63 | 0.0 | 0.18 | -5.26 | 0.0 | 20.0 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | -4.52 | -4.63 | 0.0 | -4.52 | -4.63 | 0.0 | -5.43 | 0.37 | 0.0 | -9.95 | -1.84 | 0.0 | 0.00 | -74.71 | 0.0 |
