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) | 12.6 | -11.27 | 0 | 0 | 1.46 | 80.25 | 0 | 0 | 9.23 | -18.82 | -2.62 | 0 | 1.97 | 1.55 | 21.34 | 25.09 | 4.54 | -10.28 | 0.58 | -6.45 | 2.52 | -14.29 | 0.13 | -18.75 | 14.07 | 1.44 | 0.01 | 0.0 | 0.03 | 0.0 | -3.83 | 0 | -3.8 | 0 | -0.54 | 0 | -4.37 | 0 | 0.00 | 0 |
| 2022 (9) | 14.2 | -13.04 | 0 | 0 | 0.81 | 22.73 | 0 | 0 | 11.37 | -29.94 | -1.27 | 0 | 1.94 | -37.22 | 17.06 | -10.38 | 5.06 | -2.69 | 0.62 | -4.62 | 2.94 | -17.65 | 0.16 | 6.67 | 13.87 | 0.0 | 0.01 | 0 | 0.03 | 0.0 | -1.22 | 0 | -1.18 | 0 | -0.04 | 0 | -1.26 | 0 | 0.00 | 0 |
| 2021 (8) | 16.33 | 343.75 | 0 | 0 | 0.66 | 3.12 | 0 | 0 | 16.23 | 18.38 | 0.06 | 0 | 3.09 | -34.95 | 19.04 | -45.05 | 5.2 | 39.41 | 0.65 | 0 | 3.57 | 40.0 | 0.15 | 1400.0 | 13.87 | 16.75 | 0 | 0 | 0.03 | 0.0 | 0.06 | 0 | 0.09 | 0 | -0.1 | 0 | -0.04 | 0 | 0.00 | 0 |
| 2020 (7) | 3.68 | -46.9 | 0 | 0 | 0.64 | -27.27 | 0 | 0 | 13.71 | 10.48 | -0.57 | 0 | 4.75 | 114.93 | 34.65 | 94.55 | 3.73 | 29.07 | 0 | 0 | 2.55 | -20.06 | 0.01 | -66.67 | 11.88 | 1.37 | 0 | 0 | 0.03 | 0.0 | -0.57 | 0 | -0.54 | 0 | -0.26 | 0 | -0.83 | 0 | 0.00 | 0 |
| 2019 (6) | 6.93 | -5.84 | 0 | 0 | 0.88 | 4.76 | 0 | 0 | 12.41 | -26.61 | -0.93 | 0 | 2.21 | -38.44 | 17.81 | -16.12 | 2.89 | -15.25 | 0 | 0 | 3.19 | -14.02 | 0.03 | -40.0 | 11.72 | -0.34 | 0.05 | 0 | 0.03 | 0 | -0.49 | 0 | -0.41 | 0 | -0.37 | 0 | -0.86 | 0 | 0.00 | 0 |
| 2018 (5) | 7.36 | 9.2 | 0 | 0 | 0.84 | 0.0 | 0 | 0 | 16.91 | 12.96 | 0.5 | 354.55 | 3.59 | 20.07 | 21.23 | 6.29 | 3.41 | 8.95 | 0 | 0 | 3.71 | -18.46 | 0.05 | -28.57 | 11.76 | 1.73 | 0 | 0 | 0 | 0 | 0.52 | 0 | 0.52 | 0 | -0.7 | 0 | -0.18 | 0 | 0.00 | 0 |
| 2017 (4) | 6.74 | 116.72 | 0 | 0 | 0.84 | -5.62 | 0 | 0 | 14.97 | 5.5 | 0.11 | 0 | 2.99 | 11.99 | 19.97 | 6.15 | 3.13 | 16.79 | 0 | 0 | 4.55 | -15.43 | 0.07 | 40.0 | 11.56 | 8.44 | 0 | 0 | 0 | 0 | -0.01 | 0 | -0.01 | 0 | -0.09 | 0 | -0.1 | 0 | 0.00 | 0 |
| 2016 (3) | 3.11 | 19.16 | 0 | 0 | 0.89 | -8.25 | 0 | 0 | 14.19 | 0.92 | -0.49 | 0 | 2.67 | 5.95 | 18.82 | 4.98 | 2.68 | 10.74 | 0 | 0 | 5.38 | -12.66 | 0.05 | -28.57 | 10.66 | 0.66 | 0.4 | -34.43 | 0 | 0 | -0.8 | 0 | -0.4 | 0 | -0.21 | 0 | -1.01 | 0 | 0.00 | 0 |
| 2015 (2) | 2.61 | -28.49 | 0 | 0 | 0.97 | 38.57 | 0 | 0 | 14.06 | -6.2 | -1.18 | 0 | 2.52 | 44.0 | 17.92 | 53.52 | 2.42 | 2.54 | 0 | 0 | 6.16 | 5.3 | 0.07 | 16.67 | 10.59 | -0.09 | 0.61 | 0.0 | 0 | 0 | -0.21 | 0 | 0.4 | -78.84 | -0.1 | 0 | -0.31 | 0 | 0.00 | 0 |
| 2014 (1) | 3.65 | 29.43 | 0 | 0 | 0.7 | 22.81 | 0 | 0 | 14.99 | -14.97 | -0.37 | 0 | 1.75 | -17.45 | 11.67 | -2.91 | 2.36 | 0.0 | 0 | 0 | 5.85 | 55.59 | 0.06 | 100.0 | 10.6 | 6.0 | 0.61 | 35.56 | 0 | 0 | 1.28 | -51.15 | 1.89 | -38.44 | -0.18 | 0 | 1.1 | -58.02 | 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) | 11.83 | -2.55 | -11.45 | 0 | 0 | 0 | 1.42 | -1.39 | -1.39 | 0 | 0 | 0 | 3.2 | 3.56 | 47.47 | -0.27 | -400.0 | 6.9 | 2.7 | -7.22 | 39.9 | 24.70 | -15.96 | 22.36 | 4.54 | 3.42 | -6.78 | 0.57 | 0.0 | -3.39 | 1.59 | -18.04 | -44.98 | 0.13 | 18.18 | -7.14 | 14.07 | 0.0 | 0.0 | 0 | 0 | -100.0 | 0.03 | 0.0 | 0.0 | -0.11 | -168.75 | 95.51 | -0.08 | -142.11 | 96.69 | -0.39 | 11.36 | 33.9 | -0.5 | -78.57 | 83.55 | 0.00 | 0 | 0 |
| 24Q2 (19) | 12.14 | -1.06 | -9.81 | 0 | 0 | 0 | 1.44 | -1.37 | 0.7 | 0 | 0 | 0 | 3.09 | 24.1 | 28.22 | 0.09 | 28.57 | 120.0 | 2.91 | 25.97 | 38.57 | 29.39 | 17.32 | 48.37 | 4.39 | -1.57 | -10.59 | 0.57 | 0.0 | -5.0 | 1.94 | -15.28 | -40.31 | 0.11 | -8.33 | -26.67 | 14.07 | 0.0 | 0.72 | 0 | -100.0 | -100.0 | 0.03 | 0.0 | 0.0 | 0.16 | 104.26 | 107.41 | 0.19 | 105.09 | 108.92 | -0.44 | 10.2 | -33.33 | -0.28 | 93.41 | 88.76 | 0.00 | 0 | 0 |
| 24Q1 (18) | 12.27 | -2.62 | -9.11 | 0 | 0 | 0 | 1.46 | 0.0 | 31.53 | 0 | 0 | 0 | 2.49 | 15.81 | -0.4 | 0.07 | 105.07 | 114.29 | 2.31 | 17.26 | 12.68 | 25.05 | 17.39 | 40.3 | 4.46 | -1.76 | -15.21 | 0.57 | -1.72 | -6.56 | 2.29 | -9.13 | -25.65 | 0.12 | -7.69 | -20.0 | 14.07 | 0.0 | 1.44 | 0.01 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | -3.76 | 1.83 | -119.88 | -3.73 | 1.84 | -123.35 | -0.49 | 9.26 | -1533.33 | -4.25 | 2.75 | -144.25 | 0.00 | 0 | 0 |
| 23Q4 (17) | 12.6 | -5.69 | -11.27 | 0 | 0 | 0 | 1.46 | 1.39 | 80.25 | 0 | 0 | 0 | 2.15 | -0.92 | -13.31 | -1.38 | -375.86 | -17.95 | 1.97 | 2.07 | 1.55 | 21.34 | 5.72 | 24.98 | 4.54 | -6.78 | -10.28 | 0.58 | -1.69 | -6.45 | 2.52 | -12.8 | -14.29 | 0.13 | -7.14 | -18.75 | 14.07 | 0.0 | 1.44 | 0.01 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | -3.83 | -56.33 | -213.93 | -3.8 | -57.02 | -222.03 | -0.54 | 8.47 | -1250.0 | -4.37 | -43.75 | -246.83 | 0.00 | 0 | 0 |
| 23Q3 (16) | 13.36 | -0.74 | -8.99 | 0 | 0 | 0 | 1.44 | 0.7 | 100.0 | 0 | 0 | 0 | 2.17 | -9.96 | -32.4 | -0.29 | 35.56 | -200.0 | 1.93 | -8.1 | -27.99 | 20.19 | 1.9 | -7.57 | 4.87 | -0.81 | -11.45 | 0.59 | -1.67 | -4.84 | 2.89 | -11.08 | -8.83 | 0.14 | -6.67 | -17.65 | 14.07 | 0.72 | 1.44 | 0.01 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | -2.45 | -13.43 | -4800.0 | -2.42 | -13.62 | -24100.0 | -0.59 | -78.79 | -883.33 | -3.04 | -22.09 | -2663.64 | 0.00 | 0 | 0 |
| 23Q2 (15) | 13.46 | -0.3 | -11.39 | 0 | 0 | 0 | 1.43 | 28.83 | 116.67 | 0 | 0 | 0 | 2.41 | -3.6 | -26.75 | -0.45 | 8.16 | -136.84 | 2.1 | 2.44 | -19.23 | 19.81 | 10.94 | -2.77 | 4.91 | -6.65 | -9.74 | 0.6 | -1.64 | -4.76 | 3.25 | 5.52 | -2.69 | 0.15 | 0.0 | -16.67 | 13.97 | 0.72 | 0.72 | 0.01 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | -2.16 | -26.32 | -554.55 | -2.13 | -27.54 | -610.0 | -0.33 | -1000.0 | -371.43 | -2.49 | -43.1 | -522.5 | 0.00 | 0 | 0 |
| 23Q1 (14) | 13.5 | -4.93 | -11.48 | 0 | 0 | 0 | 1.11 | 37.04 | 85.0 | 0 | 0 | 0 | 2.5 | 0.81 | 5.04 | -0.49 | 58.12 | -157.89 | 2.05 | 5.67 | -9.29 | 17.86 | 4.57 | 9.36 | 5.26 | 3.95 | -5.4 | 0.61 | -1.61 | -4.69 | 3.08 | 4.76 | -13.73 | 0.15 | -6.25 | 7.14 | 13.87 | 0.0 | 0.0 | 0.01 | 0.0 | 0 | 0.03 | 0.0 | 0.0 | -1.71 | -40.16 | -1215.38 | -1.67 | -41.53 | -1570.0 | -0.03 | 25.0 | 62.5 | -1.74 | -38.1 | -728.57 | 0.00 | 0 | 0 |
| 22Q4 (13) | 14.2 | -3.27 | -13.04 | 0 | 0 | 0 | 0.81 | 12.5 | 22.73 | 0 | 0 | 0 | 2.48 | -22.74 | -26.84 | -1.17 | -503.45 | -515.79 | 1.94 | -27.61 | -37.22 | 17.08 | -21.81 | -10.3 | 5.06 | -8.0 | -2.69 | 0.62 | 0.0 | -4.62 | 2.94 | -7.26 | -17.65 | 0.16 | -5.88 | 6.67 | 13.87 | 0.0 | 0.0 | 0.01 | 0.0 | 0 | 0.03 | 0.0 | 0.0 | -1.22 | -2340.0 | -2133.33 | -1.18 | -11700.0 | -1411.11 | -0.04 | 33.33 | 60.0 | -1.26 | -1045.45 | -3050.0 | 0.00 | 0 | 0 |
| 22Q3 (12) | 14.68 | -3.36 | -10.49 | 0 | 0 | 0 | 0.72 | 9.09 | 0.0 | 0 | 0 | 0 | 3.21 | -2.43 | -13.24 | 0.29 | 252.63 | 281.25 | 2.68 | 3.08 | -21.41 | 21.84 | 7.19 | 14.65 | 5.5 | 1.1 | 6.59 | 0.62 | -1.59 | -6.06 | 3.17 | -5.09 | -14.32 | 0.17 | -5.56 | 466.67 | 13.87 | 0.0 | 0.0 | 0.01 | 0.0 | 0 | 0.03 | 0.0 | 0.0 | -0.05 | 84.85 | -120.0 | -0.01 | 96.67 | -103.57 | -0.06 | 14.29 | 45.45 | -0.11 | 72.5 | -178.57 | 0.00 | 0 | 0 |
| 22Q2 (11) | 15.19 | -0.39 | 225.27 | 0 | 0 | 0 | 0.66 | 10.0 | -12.0 | 0 | 0 | 0 | 3.29 | 38.24 | -24.71 | -0.19 | 0.0 | -235.71 | 2.6 | 15.04 | -40.77 | 20.38 | 24.78 | -14.83 | 5.44 | -2.16 | 17.24 | 0.63 | -1.56 | 0 | 3.34 | -6.44 | -13.7 | 0.18 | 28.57 | 1700.0 | 13.87 | 0.0 | 16.75 | 0.01 | 0 | 0 | 0.03 | 0.0 | 0.0 | -0.33 | -153.85 | -120.0 | -0.3 | -200.0 | -150.0 | -0.07 | 12.5 | 50.0 | -0.4 | -90.48 | -37.93 | 0.00 | 0 | 0 |
| 22Q1 (10) | 15.25 | -6.61 | 306.67 | 0 | 0 | 0 | 0.6 | -9.09 | -13.04 | 0 | 0 | 0 | 2.38 | -29.79 | -50.1 | -0.19 | 0.0 | -167.86 | 2.26 | -26.86 | -53.4 | 16.33 | -14.23 | -45.22 | 5.56 | 6.92 | 40.05 | 0.64 | -1.54 | 0 | 3.57 | 0.0 | 5.31 | 0.14 | -6.67 | 1300.0 | 13.87 | 0.0 | 16.75 | 0 | 0 | 0 | 0.03 | 0.0 | 0.0 | -0.13 | -316.67 | 55.17 | -0.1 | -211.11 | 61.54 | -0.08 | 20.0 | 60.0 | -0.21 | -425.0 | 57.14 | 0.00 | 0 | 0 |
| 21Q4 (9) | 16.33 | -0.43 | 343.75 | 0 | 0 | 0 | 0.66 | -8.33 | 3.12 | 0 | 0 | 0 | 3.39 | -8.38 | -33.0 | -0.19 | -18.75 | -311.11 | 3.09 | -9.38 | -34.95 | 19.04 | -0.06 | -45.01 | 5.2 | 0.78 | 39.41 | 0.65 | -1.52 | 0 | 3.57 | -3.51 | 40.0 | 0.15 | 400.0 | 1400.0 | 13.87 | 0.0 | 16.75 | 0 | 0 | 0 | 0.03 | 0.0 | 0.0 | 0.06 | -76.0 | 110.53 | 0.09 | -67.86 | 116.67 | -0.1 | 9.09 | 61.54 | -0.04 | -128.57 | 95.18 | 0.00 | 0 | 0 |
| 21Q3 (8) | 16.4 | 251.18 | 335.01 | 0 | 0 | 0 | 0.72 | -4.0 | 1.41 | 0 | 0 | 0 | 3.7 | -15.33 | -10.84 | -0.16 | -214.29 | -260.0 | 3.41 | -22.32 | -17.63 | 19.05 | -20.37 | -47.91 | 5.16 | 11.21 | 49.13 | 0.66 | 0 | 0 | 3.7 | -4.39 | 37.04 | 0.03 | 200.0 | 200.0 | 13.87 | 16.75 | 16.65 | 0 | 0 | 0 | 0.03 | 0.0 | 0.0 | 0.25 | 266.67 | 137.88 | 0.28 | 333.33 | 144.44 | -0.11 | 21.43 | 65.62 | 0.14 | 148.28 | 114.29 | 0.00 | 0 | 0 |
| 21Q2 (7) | 4.67 | 24.53 | -10.88 | 0 | 0 | 0 | 0.75 | 8.7 | -1.32 | 0 | 0 | 0 | 4.37 | -8.39 | 90.83 | 0.14 | -50.0 | 138.89 | 4.39 | -9.48 | 103.24 | 23.92 | -19.74 | 0 | 4.64 | 16.88 | 41.9 | 0 | 0 | 0 | 3.87 | 14.16 | 34.84 | 0.01 | 0.0 | -50.0 | 11.88 | 0.0 | -0.08 | 0 | 0 | 0 | 0.03 | 0.0 | 0.0 | -0.15 | 48.28 | 80.26 | -0.12 | 53.85 | 83.78 | -0.14 | 30.0 | 63.16 | -0.29 | 40.82 | 74.56 | 0.00 | 0 | 0 |
| 21Q1 (6) | 3.75 | 1.9 | -38.32 | 0 | 0 | 0 | 0.69 | 7.81 | -15.85 | 0 | 0 | 0 | 4.77 | -5.73 | 114.86 | 0.28 | 211.11 | 170.0 | 4.85 | 2.11 | 166.48 | 29.81 | -13.9 | 0 | 3.97 | 6.43 | 36.9 | 0 | 0 | 0 | 3.39 | 32.94 | 11.88 | 0.01 | 0.0 | -50.0 | 11.88 | 0.0 | -0.34 | 0 | 0 | -100.0 | 0.03 | 0.0 | 0.0 | -0.29 | 49.12 | 67.42 | -0.26 | 51.85 | 67.9 | -0.2 | 23.08 | 58.33 | -0.49 | 40.96 | 64.23 | 0.00 | 0 | 0 |
| 20Q4 (5) | 3.68 | -2.39 | -46.9 | 0 | 0 | 0 | 0.64 | -9.86 | -27.27 | 0 | 0 | 0 | 5.06 | 21.93 | 90.23 | 0.09 | -10.0 | 121.43 | 4.75 | 14.73 | 114.93 | 34.62 | -5.34 | 0 | 3.73 | 7.8 | 29.07 | 0 | 0 | 0 | 2.55 | -5.56 | -20.06 | 0.01 | 0.0 | -66.67 | 11.88 | -0.08 | 1.37 | 0 | 0 | -100.0 | 0.03 | 0.0 | 0.0 | -0.57 | 13.64 | -16.33 | -0.54 | 14.29 | -31.71 | -0.26 | 18.75 | 29.73 | -0.83 | 15.31 | 3.49 | 0.00 | 0 | 0 |
| 20Q3 (4) | 3.77 | -28.05 | 0.0 | 0 | 0 | 0.0 | 0.71 | -6.58 | 0.0 | 0 | 0 | 0.0 | 4.15 | 81.22 | 0.0 | 0.1 | 127.78 | 0.0 | 4.14 | 91.67 | 0.0 | 36.57 | 0 | 0.0 | 3.46 | 5.81 | 0.0 | 0 | 0 | 0.0 | 2.7 | -5.92 | 0.0 | 0.01 | -50.0 | 0.0 | 11.89 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0.03 | 0.0 | 0.0 | -0.66 | 13.16 | 0.0 | -0.63 | 14.86 | 0.0 | -0.32 | 15.79 | 0.0 | -0.98 | 14.04 | 0.0 | 0.00 | 0 | 0.0 |
