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) | 4.65 | 1.09 | 44.3 | 21.5 | 0.66 | 407.69 | 0 | 0 | 156.1 | -18.14 | 0.26 | -93.1 | 13.45 | -1.03 | 8.62 | 20.89 | 15.81 | -30.9 | 7.58 | 8.6 | 13.58 | 225.66 | 0.04 | 0.0 | 18.53 | 0.0 | 1.43 | 36.19 | 2.56 | -25.58 | 5.5 | -11.72 | 9.49 | -11.39 | -3.5 | 0 | 2.0 | -40.48 | 0.01 | 6.11 |
| 2022 (9) | 4.6 | 14.71 | 36.46 | 0.89 | 0.13 | -87.25 | 0 | 0 | 190.68 | 2.77 | 3.77 | -27.5 | 13.59 | -3.75 | 7.13 | -6.35 | 22.88 | -22.04 | 6.98 | 540.37 | 4.17 | 427.85 | 0.04 | 0.0 | 18.53 | 12.1 | 1.05 | 98.11 | 3.44 | 0.88 | 6.23 | 19.81 | 10.71 | 17.05 | -2.87 | 0 | 3.36 | 131.72 | 0.01 | 26.78 |
| 2021 (8) | 4.01 | 6.37 | 36.14 | 24.11 | 1.02 | 385.71 | 0 | 0 | 185.54 | 29.97 | 5.2 | 197.14 | 14.12 | 9.88 | 7.61 | -15.45 | 29.35 | 62.07 | 1.09 | 23.86 | 0.79 | 31.67 | 0.04 | 100.0 | 16.53 | 0.0 | 0.53 | 51.43 | 3.41 | 85.33 | 5.2 | 197.14 | 9.15 | 132.23 | -3.75 | 0 | 1.45 | 0 | 0.01 | -13.02 |
| 2020 (7) | 3.77 | -12.33 | 29.12 | -0.03 | 0.21 | -69.57 | 0 | 0 | 142.76 | -14.88 | 1.75 | 1066.67 | 12.85 | -8.61 | 9.00 | 7.37 | 18.11 | 8.31 | 0.88 | 17.33 | 0.6 | 150.0 | 0.02 | -33.33 | 16.53 | 0.0 | 0.35 | 2.94 | 1.84 | 8.24 | 1.75 | 1066.67 | 3.94 | 79.91 | -3.73 | 0 | -1.98 | 0 | 0.01 | -85.51 |
| 2019 (6) | 4.3 | -9.28 | 29.13 | -2.44 | 0.69 | -18.82 | 0 | 0 | 167.72 | 2.19 | 0.15 | 0 | 14.06 | 6.03 | 8.38 | 3.76 | 16.72 | 5.49 | 0.75 | 0.0 | 0.24 | -74.19 | 0.03 | -25.0 | 16.53 | 0.0 | 0.34 | 0.0 | 1.7 | 9.68 | 0.15 | 0.0 | 2.19 | 7.35 | -3.3 | 0 | -3.15 | 0 | 0.07 | 0.85 |
| 2018 (5) | 4.74 | -10.9 | 29.86 | -33.98 | 0.85 | 70.0 | 0 | 0 | 164.12 | -4.91 | -0.83 | 0 | 13.26 | 12.28 | 8.08 | 18.07 | 15.85 | -18.93 | 0.75 | 19.05 | 0.93 | -33.57 | 0.04 | 0.0 | 16.53 | 0.0 | 0.34 | 61.9 | 1.55 | 17.42 | 0.15 | -91.89 | 2.04 | -39.64 | -2.11 | 0 | -1.96 | 0 | 0.07 | -0.59 |
| 2017 (4) | 5.32 | 43.78 | 45.23 | -2.18 | 0.5 | 150.0 | 0 | 0 | 172.59 | 28.67 | 1.26 | -61.47 | 11.81 | 31.51 | 6.84 | 2.21 | 19.55 | -17.75 | 0.63 | -4.55 | 1.4 | 1172.73 | 0.04 | 300.0 | 16.53 | 0.0 | 0.21 | 0 | 1.32 | 0.0 | 1.85 | -13.15 | 3.38 | -2.03 | -1.55 | 0 | 0.3 | -68.75 | 0.07 | -63.22 |
| 2016 (3) | 3.7 | -54.15 | 46.24 | 21.49 | 0.2 | -9.09 | 0 | 0 | 134.13 | -7.13 | 3.27 | 0 | 8.98 | -20.46 | 6.69 | -14.35 | 23.77 | 32.28 | 0.66 | -2.94 | 0.11 | -65.62 | 0.01 | 0.0 | 16.53 | 0.0 | 0 | 0 | 1.32 | 0.0 | 2.13 | 0 | 3.45 | 1715.79 | -1.17 | 0 | 0.96 | 0 | 0.20 | 1.61 |
| 2015 (2) | 8.07 | 80.54 | 38.06 | -1.93 | 0.22 | -60.0 | 0 | 0 | 144.43 | 4.16 | -1.97 | 0 | 11.29 | -10.68 | 7.82 | -14.25 | 17.97 | -33.17 | 0.68 | -9.33 | 0.32 | -28.89 | 0.01 | 0.0 | 16.53 | 0.0 | 0.15 | 0 | 1.32 | -1.49 | -1.29 | 0 | 0.19 | -93.47 | 0.46 | -62.9 | -0.83 | 0 | 0.20 | -4.39 |
| 2014 (1) | 4.47 | -6.49 | 38.81 | 22.35 | 0.55 | -19.12 | 0 | 0 | 138.66 | 18.97 | 1.53 | 0 | 12.64 | 31.53 | 9.12 | 10.56 | 26.89 | 38.32 | 0.75 | 0.0 | 0.45 | -6.25 | 0.01 | 0.0 | 16.53 | 0.0 | 0 | 0 | 1.34 | -2.19 | 1.57 | 0 | 2.91 | 234.48 | 1.24 | 416.67 | 2.81 | 0 | 0.21 | 6.22 |
| 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) | 4.21 | -29.12 | -49.94 | 56.85 | 15.55 | 31.9 | 1.06 | 27.71 | 92.73 | 0 | 0 | 0 | 41.05 | -4.13 | 6.29 | -1.0 | -180.65 | -228.21 | 13.72 | -8.23 | -11.2 | 8.74 | -9.65 | -11.21 | 20.64 | 11.21 | 20.7 | 7.54 | -0.66 | -1.57 | 15.08 | -2.65 | 23.3 | 0.04 | 0.0 | 0.0 | 18.53 | 0.0 | 0.0 | 1.45 | 0.0 | 1.4 | 3.19 | 0.0 | 24.61 | 5.74 | -14.96 | -5.59 | 10.38 | -8.87 | 3.08 | -1.46 | 17.98 | 32.41 | 4.28 | -13.88 | 9.18 | 0.00 | 2.21 | -86.76 |
| 24Q2 (19) | 5.94 | 5.51 | -12.26 | 49.2 | 8.97 | 29.41 | 0.83 | 15.28 | 80.43 | 0 | 0 | 0 | 42.82 | 28.24 | 4.59 | 1.24 | 20.39 | 853.85 | 14.95 | 6.71 | -0.86 | 9.68 | 5.41 | 8.96 | 18.56 | 4.92 | 13.93 | 7.59 | -0.13 | -0.52 | 15.49 | 16.03 | 28.12 | 0.04 | 0.0 | 0.0 | 18.53 | 0.0 | 0.0 | 1.45 | 1.4 | 1.4 | 3.19 | 24.61 | 24.61 | 6.75 | 3.37 | 27.12 | 11.39 | 8.27 | 22.47 | -1.78 | 16.82 | 50.96 | 4.97 | 13.21 | 195.83 | 0.00 | -86.87 | -87.65 |
| 24Q1 (18) | 5.63 | 21.08 | 6.43 | 45.15 | 1.92 | 20.59 | 0.72 | 9.09 | 148.28 | 0 | 0 | 0 | 33.39 | -15.77 | -9.51 | 1.03 | 274.58 | 1816.67 | 14.01 | 4.16 | -6.79 | 9.18 | 6.56 | 12.66 | 17.69 | 11.89 | -2.91 | 7.6 | 0.26 | -1.17 | 13.35 | -1.69 | 8.1 | 0.04 | 0.0 | 0.0 | 18.53 | 0.0 | 0.0 | 1.43 | 0.0 | 36.19 | 2.56 | 0.0 | -25.58 | 6.53 | 18.73 | 5.83 | 10.52 | 10.85 | -1.22 | -2.14 | 38.86 | 24.11 | 4.39 | 119.5 | 31.04 | 0.01 | -4.94 | 0.84 |
| 23Q4 (17) | 4.65 | -44.71 | 1.09 | 44.3 | 2.78 | 21.5 | 0.66 | 20.0 | 407.69 | 0 | 0 | 0 | 39.64 | 2.64 | -1.91 | -0.59 | -175.64 | -73.53 | 13.45 | -12.94 | -1.03 | 8.62 | -12.52 | 20.89 | 15.81 | -7.54 | -30.9 | 7.58 | -1.04 | 8.6 | 13.58 | 11.04 | 225.66 | 0.04 | 0.0 | 0.0 | 18.53 | 0.0 | 0.0 | 1.43 | 0.0 | 36.19 | 2.56 | 0.0 | -25.58 | 5.5 | -9.54 | -11.72 | 9.49 | -5.76 | -11.39 | -3.5 | -62.04 | -21.95 | 2.0 | -48.98 | -40.48 | 0.01 | 3.71 | 6.11 |
| 23Q3 (16) | 8.41 | 24.22 | -12.58 | 43.1 | 13.36 | 20.02 | 0.55 | 19.57 | 189.47 | 0 | 0 | 0 | 38.62 | -5.67 | -25.04 | 0.78 | 500.0 | -49.35 | 15.45 | 2.45 | 3.97 | 9.85 | 10.88 | 34.33 | 17.1 | 4.97 | -28.33 | 7.66 | 0.39 | 13.15 | 12.23 | 1.16 | 192.58 | 0.04 | 0.0 | 0.0 | 18.53 | 0.0 | 0.0 | 1.43 | 0.0 | 36.19 | 2.56 | 0.0 | -25.58 | 6.08 | 14.5 | -7.03 | 10.07 | 8.28 | -8.7 | -2.16 | 40.5 | 9.62 | 3.92 | 133.33 | -5.54 | 0.01 | -4.6 | 10.62 |
| 23Q2 (15) | 6.77 | 27.98 | 20.68 | 38.02 | 1.55 | 4.65 | 0.46 | 58.62 | -52.08 | 0 | 0 | 0 | 40.94 | 10.95 | -26.35 | 0.13 | 316.67 | -80.3 | 15.08 | 0.33 | -2.65 | 8.88 | 8.99 | 15.66 | 16.29 | -10.59 | -47.42 | 7.63 | -0.78 | 563.48 | 12.09 | -2.11 | 2528.26 | 0.04 | 0.0 | 0.0 | 18.53 | 0.0 | 0.0 | 1.43 | 36.19 | 36.19 | 2.56 | -25.58 | -25.58 | 5.31 | -13.94 | 5.99 | 9.3 | -12.68 | -2.0 | -3.63 | -28.72 | -23.47 | 1.68 | -49.85 | -18.84 | 0.01 | 7.21 | 25.94 |
| 23Q1 (14) | 5.29 | 15.0 | 1.73 | 37.44 | 2.69 | 0.38 | 0.29 | 123.08 | -71.57 | 0 | 0 | 0 | 36.9 | -8.69 | -14.5 | -0.06 | 82.35 | -103.14 | 15.03 | 10.6 | 2.66 | 8.15 | 14.35 | 7.5 | 18.22 | -20.37 | -41.36 | 7.69 | 10.17 | 586.61 | 12.35 | 196.16 | 1891.94 | 0.04 | 0.0 | 0.0 | 18.53 | 0.0 | 0.0 | 1.05 | 0.0 | 98.11 | 3.44 | 0.0 | 0.88 | 6.17 | -0.96 | -13.34 | 10.65 | -0.56 | -3.71 | -2.82 | 1.74 | -13.71 | 3.35 | -0.3 | -27.8 | 0.01 | 0.03 | 49.07 |
| 22Q4 (13) | 4.6 | -52.18 | 14.71 | 36.46 | 1.53 | 0.89 | 0.13 | -31.58 | -87.25 | 0 | 0 | 0 | 40.41 | -21.56 | -22.9 | -0.34 | -122.08 | -126.56 | 13.59 | -8.55 | -3.75 | 7.13 | -2.79 | -6.35 | 22.88 | -4.11 | -22.04 | 6.98 | 3.1 | 540.37 | 4.17 | -0.24 | 427.85 | 0.04 | 0.0 | 0.0 | 18.53 | 0.0 | 12.1 | 1.05 | 0.0 | 98.11 | 3.44 | 0.0 | 0.88 | 6.23 | -4.74 | 19.81 | 10.71 | -2.9 | 17.05 | -2.87 | -20.08 | 23.47 | 3.36 | -19.04 | 131.72 | 0.01 | 8.12 | 26.78 |
| 22Q3 (12) | 9.62 | 71.48 | 207.35 | 35.91 | -1.16 | -7.45 | 0.19 | -80.21 | -75.32 | 0 | 0 | 0 | 51.52 | -7.32 | 1.94 | 1.54 | 133.33 | -27.7 | 14.86 | -4.07 | 0.27 | 7.33 | -4.53 | -12.59 | 23.86 | -22.98 | -15.87 | 6.77 | 488.7 | 550.96 | 4.18 | 808.7 | 523.88 | 0.04 | 0.0 | 100.0 | 18.53 | 0.0 | 12.1 | 1.05 | 0.0 | 98.11 | 3.44 | 0.0 | 0.88 | 6.54 | 30.54 | 67.26 | 11.03 | 16.23 | 40.33 | -2.39 | 18.71 | 40.4 | 4.15 | 100.48 | 4250.0 | 0.01 | 8.61 | 14.93 |
| 22Q2 (11) | 5.61 | 7.88 | 131.82 | 36.33 | -2.6 | -1.57 | 0.96 | -5.88 | 231.03 | 0 | 0 | 0 | 55.59 | 28.8 | 18.28 | 0.66 | -65.45 | -51.11 | 15.49 | 5.81 | 7.12 | 7.68 | 1.3 | -12.35 | 30.98 | -0.29 | 9.74 | 1.15 | 2.68 | 11.65 | 0.46 | -25.81 | -31.34 | 0.04 | 0.0 | 100.0 | 18.53 | 0.0 | 12.1 | 1.05 | 98.11 | 200.0 | 3.44 | 0.88 | 86.96 | 5.01 | -29.63 | 41.93 | 9.49 | -14.2 | 65.62 | -2.94 | -18.55 | 23.83 | 2.07 | -55.39 | 727.27 | 0.01 | 26.91 | 1.51 |
| 22Q1 (10) | 5.2 | 29.68 | 89.09 | 37.3 | 3.21 | 16.78 | 1.02 | 0.0 | 343.48 | 0 | 0 | 0 | 43.16 | -17.65 | 21.27 | 1.91 | 49.22 | 334.09 | 14.64 | 3.68 | 11.42 | 7.58 | -0.38 | -13.77 | 31.07 | 5.86 | 28.23 | 1.12 | 2.75 | 7.69 | 0.62 | -21.52 | 16.98 | 0.04 | 0.0 | 100.0 | 18.53 | 12.1 | 12.1 | 0.53 | 0.0 | 51.43 | 3.41 | 0.0 | 85.33 | 7.12 | 36.92 | 225.11 | 11.06 | 20.87 | 152.51 | -2.48 | 33.87 | 30.53 | 4.64 | 220.0 | 436.23 | 0.01 | -14.93 | -23.84 |
| 21Q4 (9) | 4.01 | 28.12 | 6.37 | 36.14 | -6.86 | 24.11 | 1.02 | 32.47 | 385.71 | 0 | 0 | 0 | 52.41 | 3.7 | 20.34 | 1.28 | -39.91 | 64.1 | 14.12 | -4.72 | 9.88 | 7.61 | -9.27 | -15.45 | 29.35 | 3.49 | 62.07 | 1.09 | 4.81 | 23.86 | 0.79 | 17.91 | 31.67 | 0.04 | 100.0 | 100.0 | 16.53 | 0.0 | 0.0 | 0.53 | 0.0 | 51.43 | 3.41 | 0.0 | 85.33 | 5.2 | 32.99 | 197.14 | 9.15 | 16.41 | 132.23 | -3.75 | 6.48 | -0.54 | 1.45 | 1550.0 | 173.23 | 0.01 | -1.98 | -13.02 |
| 21Q3 (8) | 3.13 | 29.34 | -34.93 | 38.8 | 5.12 | 23.8 | 0.77 | 165.52 | 266.67 | 0 | 0 | -100.0 | 50.54 | 7.53 | 29.92 | 2.13 | 57.78 | 3.9 | 14.82 | 2.49 | 11.09 | 8.39 | -4.26 | -6.2 | 28.36 | 0.46 | 64.69 | 1.04 | 0.97 | 19.54 | 0.67 | 0.0 | 1.52 | 0.02 | 0.0 | 0.0 | 16.53 | 0.0 | 0.0 | 0.53 | 51.43 | 51.43 | 3.41 | 85.33 | 85.33 | 3.91 | 10.76 | 303.09 | 7.86 | 37.17 | 147.95 | -4.01 | -3.89 | -4.97 | -0.1 | 69.7 | 96.49 | 0.01 | -4.07 | -27.95 |
| 21Q2 (7) | 2.42 | -12.0 | -9.36 | 36.91 | 15.56 | 28.88 | 0.29 | 26.09 | 0 | 0 | 0 | 0 | 47.0 | 32.06 | 49.59 | 1.35 | 206.82 | 3275.0 | 14.46 | 10.05 | 16.99 | 8.76 | -0.34 | 0 | 28.23 | 16.51 | 84.63 | 1.03 | -0.96 | 21.18 | 0.67 | 26.42 | 252.63 | 0.02 | 0.0 | 0.0 | 16.53 | 0.0 | 0.0 | 0.35 | 0.0 | 0.0 | 1.84 | 0.0 | 0.0 | 3.53 | 61.19 | 429.91 | 5.73 | 30.82 | 411.61 | -3.86 | -8.12 | 10.23 | -0.33 | 76.09 | 93.85 | 0.01 | -4.78 | -88.19 |
| 21Q1 (6) | 2.75 | -27.06 | -23.82 | 31.94 | 9.68 | 7.91 | 0.23 | 9.52 | 0 | 0 | 0 | 0 | 35.59 | -18.28 | 23.19 | 0.44 | -43.59 | 139.64 | 13.14 | 2.26 | 9.23 | 8.79 | -2.33 | 0 | 24.23 | 33.79 | 46.4 | 1.04 | 18.18 | 44.44 | 0.53 | -11.67 | 140.91 | 0.02 | 0.0 | -33.33 | 16.53 | 0.0 | 0.0 | 0.35 | 0.0 | 2.94 | 1.84 | 0.0 | 8.24 | 2.19 | 25.14 | 328.12 | 4.38 | 11.17 | 305.56 | -3.57 | 4.29 | 1.65 | -1.38 | 30.3 | 69.93 | 0.01 | -2.84 | -86.67 |
| 20Q4 (5) | 3.77 | -21.62 | -12.33 | 29.12 | -7.08 | -0.03 | 0.21 | 0.0 | -69.57 | 0 | -100.0 | 0 | 43.55 | 11.95 | -12.85 | 0.78 | -61.95 | 116.67 | 12.85 | -3.67 | -8.61 | 9.00 | 0.66 | 0 | 18.11 | 5.17 | 8.31 | 0.88 | 1.15 | 17.33 | 0.6 | -9.09 | 150.0 | 0.02 | 0.0 | -33.33 | 16.53 | 0.0 | 0.0 | 0.35 | 0.0 | 2.94 | 1.84 | 0.0 | 8.24 | 1.75 | 80.41 | 1066.67 | 3.94 | 24.29 | 79.91 | -3.73 | 2.36 | -13.03 | -1.98 | 30.53 | 37.14 | 0.01 | -18.81 | -85.51 |
| 20Q3 (4) | 4.81 | 80.15 | 0.0 | 31.34 | 9.43 | 0.0 | 0.21 | 0 | 0.0 | 1.67 | 0 | 0.0 | 38.9 | 23.81 | 0.0 | 2.05 | 5025.0 | 0.0 | 13.34 | 7.93 | 0.0 | 8.94 | 0 | 0.0 | 17.22 | 12.62 | 0.0 | 0.87 | 2.35 | 0.0 | 0.66 | 247.37 | 0.0 | 0.02 | 0.0 | 0.0 | 16.53 | 0.0 | 0.0 | 0.35 | 0.0 | 0.0 | 1.84 | 0.0 | 0.0 | 0.97 | 190.65 | 0.0 | 3.17 | 183.04 | 0.0 | -3.82 | 11.16 | 0.0 | -2.85 | 46.93 | 0.0 | 0.01 | -84.27 | 0.0 |
