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) | 3.83 | 62.98 | 2.2 | 76.0 | 0 | 0 | 0 | 0 | 8.1 | 14.41 | -5.19 | 0 | 0.32 | -54.29 | 3.95 | -60.04 | 1.53 | -37.3 | 0 | 0 | 0 | 0 | 0.03 | -57.14 | 8.3 | 18.57 | 0 | 0 | 0 | 0 | -5.3 | 0 | -5.3 | 0 | 0.27 | 12.5 | -5.03 | 0 | 0.00 | 0 |
| 2022 (9) | 2.35 | 8.29 | 1.25 | -16.67 | 0.16 | -42.86 | 0 | 0 | 7.08 | 126.2 | -3.98 | 0 | 0.7 | 84.21 | 9.89 | -18.56 | 2.44 | 258.82 | 0 | 0 | 1.13 | -44.61 | 0.07 | -78.12 | 7.0 | 16.67 | 0 | 0 | 0 | 0 | -5.25 | 0 | -5.25 | 0 | 0.24 | 0.0 | -5.01 | 0 | 0.00 | 0 |
| 2021 (8) | 2.17 | -31.76 | 1.5 | 45.63 | 0.28 | 100.0 | 0 | 0 | 3.13 | 118.88 | -5.59 | 0 | 0.38 | 442.86 | 12.14 | 148.01 | 0.68 | 74.36 | 0 | 0 | 2.04 | 55.73 | 0.32 | -44.83 | 6.0 | -62.5 | 0 | 0 | 0 | 0 | -2.51 | 0 | -2.51 | 0 | 0.24 | 2300.0 | -2.27 | 0 | 0.00 | 0 |
| 2020 (7) | 3.18 | -0.31 | 1.03 | -35.62 | 0.14 | -53.33 | 0 | 0 | 1.43 | -63.14 | -6.79 | 0 | 0.07 | -93.14 | 4.90 | -81.38 | 0.39 | -59.38 | 0 | 0 | 1.31 | 50.57 | 0.58 | -30.95 | 16.0 | -33.77 | 0 | 0 | 0 | 0 | -6.79 | 0 | -6.79 | 0 | 0.01 | -75.0 | -6.78 | 0 | 0.00 | 0 |
| 2019 (6) | 3.19 | -8.86 | 1.6 | -52.38 | 0.3 | 30.43 | 0 | 0 | 3.88 | 156.95 | -4.68 | 0 | 1.02 | 108.16 | 26.29 | -18.99 | 0.96 | -2.04 | 0.01 | -96.55 | 0.87 | 67.31 | 0.84 | -22.94 | 24.16 | 14.72 | 0 | 0 | 0 | 0 | -11.16 | 0 | -11.16 | 0 | 0.04 | -66.67 | -11.12 | 0 | 0.00 | 0 |
| 2018 (5) | 3.5 | -26.62 | 3.36 | 0 | 0.23 | 0.0 | 0 | 0 | 1.51 | -79.81 | -11.07 | 0 | 0.49 | -75.13 | 32.45 | 23.21 | 0.98 | -24.62 | 0.29 | -21.62 | 0.52 | -30.67 | 1.09 | -19.26 | 21.06 | 0.0 | 0 | 0 | 0 | 0 | -21.49 | 0 | -21.49 | 0 | 0.12 | 0 | -21.37 | 0 | 0.00 | 0 |
| 2017 (4) | 4.77 | -30.16 | 0 | 0 | 0.23 | -64.06 | 0 | 0 | 7.48 | -43.25 | -2.08 | 0 | 1.97 | 7.07 | 26.34 | 88.65 | 1.3 | -8.45 | 0.37 | -15.91 | 0.75 | 15.38 | 1.35 | -15.62 | 21.06 | 0.0 | 0 | 0 | 0 | 0 | -2.53 | 0 | -2.53 | 0 | -3.28 | 0 | -5.81 | 0 | 0.00 | 0 |
| 2016 (3) | 6.83 | -3.8 | 0.3 | -30.23 | 0.64 | -40.19 | 0 | 0 | 13.18 | 20.37 | -0.45 | 0 | 1.84 | -2.13 | 13.96 | -18.69 | 1.42 | 51.06 | 0.44 | -15.38 | 0.65 | -56.67 | 1.6 | -19.6 | 21.06 | 27.95 | 0 | 0 | 0 | 0 | -0.45 | 0 | -0.45 | 0 | -2.52 | 0 | -2.97 | 0 | 0.00 | 0 |
| 2015 (2) | 7.1 | 92.41 | 0.43 | -89.06 | 1.07 | 0.94 | 0 | 0 | 10.95 | 26.59 | -4.31 | 0 | 1.88 | -61.71 | 17.17 | -69.75 | 0.94 | -48.91 | 0.52 | -13.33 | 1.5 | -30.88 | 1.99 | -11.95 | 16.46 | 15.83 | 0 | 0 | 0 | 0 | -4.31 | 0 | -4.31 | 0 | 0.01 | 0 | -4.3 | 0 | 0.00 | 0 |
| 2014 (1) | 3.69 | -55.11 | 3.93 | 331.87 | 1.06 | 783.33 | 0 | 0 | 8.65 | 49.91 | -5.63 | 0 | 4.91 | 208.81 | 56.76 | 105.99 | 1.84 | -41.4 | 0.6 | -11.76 | 2.17 | 371.74 | 2.26 | -7.38 | 14.21 | 0.0 | 0 | 0 | 0 | 0 | -9.26 | 0 | -9.26 | 0 | -0.01 | 0 | -9.27 | 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) | 1.08 | -2.7 | -82.03 | 2.0 | -9.09 | -27.8 | 0.05 | 0 | -68.75 | 0 | 0 | 0 | 1.33 | -21.3 | -10.14 | -0.66 | -22.22 | 60.48 | 0.34 | -40.35 | -42.37 | 6.36 | -38.68 | 13.53 | 1.53 | -22.73 | 3.38 | 0 | 0 | 0 | 0.15 | 0 | -85.15 | 0.03 | 0.0 | 200.0 | 6.8 | -18.07 | -18.07 | 0 | 0 | 0 | 0 | 0 | 0 | -5.83 | 12.59 | -41.16 | -5.83 | 12.59 | -41.16 | 0.27 | 0.0 | 12.5 | -5.56 | 13.12 | -42.93 | 0.00 | 0 | 0 |
| 24Q2 (19) | 1.11 | -16.54 | -41.88 | 2.2 | -3.51 | -13.73 | 0 | 0 | -100.0 | 0 | 0 | 0 | 1.69 | 48.25 | -37.87 | -0.54 | 34.94 | 61.43 | 0.57 | 42.5 | -35.23 | 10.36 | 69.19 | 20.95 | 1.98 | 7.03 | -7.91 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.03 | 0.0 | 200.0 | 8.3 | 0.0 | 18.57 | 0 | 0 | 0 | 0 | 0 | 0 | -6.67 | -8.81 | -171.14 | -6.67 | -8.81 | -171.14 | 0.27 | 0.0 | 3.85 | -6.4 | -9.22 | -190.91 | 0.00 | 0 | 0 |
| 24Q1 (18) | 1.33 | -65.27 | -40.09 | 2.28 | 3.64 | -26.45 | 0 | 0 | -100.0 | 0 | 0 | 0 | 1.14 | -4.2 | -57.93 | -0.83 | 29.06 | 13.54 | 0.4 | 25.0 | -51.81 | 6.13 | 55.05 | -35.64 | 1.85 | 20.92 | -49.86 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.03 | 0.0 | 50.0 | 8.3 | 0.0 | 18.57 | 0 | 0 | 0 | 0 | 0 | 0 | -6.13 | -15.66 | 1.45 | -6.13 | -15.66 | 1.45 | 0.27 | 0.0 | 12.5 | -5.86 | -16.5 | 2.01 | 0.00 | 0 | 0 |
| 23Q4 (17) | 3.83 | -36.27 | 62.98 | 2.2 | -20.58 | 76.0 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 1.19 | -19.59 | -67.22 | -1.17 | 29.94 | -37.65 | 0.32 | -45.76 | -54.29 | 3.95 | -29.42 | -60.04 | 1.53 | 3.38 | -37.3 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0.03 | 200.0 | -57.14 | 8.3 | 0.0 | 18.57 | 0 | 0 | 0 | 0 | 0 | 0 | -5.3 | -28.33 | -0.95 | -5.3 | -28.33 | -0.95 | 0.27 | 12.5 | 12.5 | -5.03 | -29.31 | -0.4 | 0.00 | 0 | 0 |
| 23Q3 (16) | 6.01 | 214.66 | 82.12 | 2.77 | 8.63 | 118.11 | 0.16 | 0.0 | 6.67 | 0 | 0 | 0 | 1.48 | -45.59 | 22.31 | -1.67 | -19.29 | -32.54 | 0.59 | -32.95 | 5.36 | 5.60 | -34.67 | -51.82 | 1.48 | -31.16 | -50.0 | 0 | 0 | 0 | 1.01 | -3.81 | -13.68 | 0.01 | 0.0 | -92.86 | 8.3 | 18.57 | 18.57 | 0 | 0 | 0 | 0 | 0 | 0 | -4.13 | -67.89 | 6.35 | -4.13 | -67.89 | 6.35 | 0.24 | -7.69 | 0.0 | -3.89 | -76.82 | 6.71 | 0.00 | 0 | 0 |
| 23Q2 (15) | 1.91 | -13.96 | -63.62 | 2.55 | -17.74 | 100.79 | 0.16 | 0.0 | 6.67 | 0 | 0 | 0 | 2.72 | 0.37 | 132.48 | -1.4 | -45.83 | -62.79 | 0.88 | 6.02 | 83.33 | 8.57 | -9.98 | -23.42 | 2.15 | -41.73 | 32.72 | 0 | 0 | 0 | 1.05 | -3.67 | -13.22 | 0.01 | -50.0 | -95.0 | 7.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.46 | 60.45 | 21.9 | -2.46 | 60.45 | 21.9 | 0.26 | 8.33 | 13.04 | -2.2 | 63.21 | 24.66 | 0.00 | 0 | 0 |
| 23Q1 (14) | 2.22 | -5.53 | 3.74 | 3.1 | 148.0 | -3.73 | 0.16 | 0.0 | -42.86 | 0 | 0 | 0 | 2.71 | -25.34 | 153.27 | -0.96 | -12.94 | 4.95 | 0.83 | 18.57 | 76.6 | 9.52 | -3.73 | -24.06 | 3.69 | 51.23 | 310.0 | 0 | 0 | 0 | 1.09 | -3.54 | -44.67 | 0.02 | -71.43 | -92.59 | 7.0 | 0.0 | 16.67 | 0 | 0 | 0 | 0 | 0 | 0 | -6.22 | -18.48 | -76.7 | -6.22 | -18.48 | -76.7 | 0.24 | 0.0 | -11.11 | -5.98 | -19.36 | -84.0 | 0.00 | 0 | 0 |
| 22Q4 (13) | 2.35 | -28.79 | 8.29 | 1.25 | -1.57 | -16.67 | 0.16 | 6.67 | -42.86 | 0 | 0 | 0 | 3.63 | 200.0 | 164.96 | -0.85 | 32.54 | 24.11 | 0.7 | 25.0 | 84.21 | 9.89 | -14.9 | -18.56 | 2.44 | -17.57 | 258.82 | 0 | 0 | 0 | 1.13 | -3.42 | -44.61 | 0.07 | -50.0 | -78.12 | 7.0 | 0.0 | 16.67 | 0 | 0 | 0 | 0 | 0 | 0 | -5.25 | -19.05 | -109.16 | -5.25 | -19.05 | -109.16 | 0.24 | 0.0 | 0.0 | -5.01 | -20.14 | -120.7 | 0.00 | 0 | 0 |
| 22Q3 (12) | 3.3 | -37.14 | 24.53 | 1.27 | 0.0 | -17.53 | 0.15 | 0.0 | -31.82 | 0 | 0 | 0 | 1.21 | 3.42 | 77.94 | -1.26 | -46.51 | -869.23 | 0.56 | 16.67 | 143.48 | 11.62 | 3.84 | 17.19 | 2.96 | 82.72 | 621.95 | 0 | 0 | 0 | 1.17 | -3.31 | -31.18 | 0.14 | -30.0 | -64.1 | 7.0 | 0.0 | -24.0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.41 | -40.0 | 4.13 | -4.41 | -40.0 | 4.13 | 0.24 | 4.35 | 0.0 | -4.17 | -42.81 | 4.36 | 0.00 | 0 | 0 |
| 22Q2 (11) | 5.25 | 145.33 | 109.16 | 1.27 | -60.56 | -13.61 | 0.15 | -46.43 | -31.82 | 0 | 0 | 0 | 1.17 | 9.35 | 85.71 | -0.86 | 14.85 | 72.61 | 0.48 | 2.13 | 860.0 | 11.19 | -10.73 | 378.88 | 1.62 | 80.0 | 337.84 | 0 | 0 | 0 | 1.21 | -38.58 | -31.25 | 0.2 | -25.93 | -55.56 | 7.0 | 16.67 | -24.0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.15 | 10.51 | 27.42 | -3.15 | 10.51 | 27.42 | 0.23 | -14.81 | 2200.0 | -2.92 | 10.15 | 32.56 | 0.00 | 0 | 0 |
| 22Q1 (10) | 2.14 | -1.38 | -12.65 | 3.22 | 114.67 | 215.69 | 0.28 | 0.0 | 100.0 | 0 | 0 | 0 | 1.07 | -21.9 | 137.78 | -1.01 | 9.82 | 15.13 | 0.47 | 23.68 | 193.75 | 12.53 | 3.24 | 22.2 | 0.9 | 32.35 | 125.0 | 0 | 0 | 0 | 1.97 | -3.43 | 55.12 | 0.27 | -15.62 | -48.08 | 6.0 | 0.0 | -62.5 | 0 | 0 | 0 | 0 | 0 | 0 | -3.52 | -40.24 | 55.94 | -3.52 | -40.24 | 55.94 | 0.27 | 12.5 | 2600.0 | -3.25 | -43.17 | 59.27 | 0.00 | 0 | 0 |
| 21Q4 (9) | 2.17 | -18.11 | -31.76 | 1.5 | -2.6 | 45.63 | 0.28 | 27.27 | 100.0 | 0 | 0 | 0 | 1.37 | 101.47 | 144.64 | -1.12 | -761.54 | 27.27 | 0.38 | 65.22 | 442.86 | 12.14 | 22.46 | 149.75 | 0.68 | 65.85 | 74.36 | 0 | 0 | 0 | 2.04 | 20.0 | 55.73 | 0.32 | -17.95 | -44.83 | 6.0 | -34.85 | -62.5 | 0 | 0 | 0 | 0 | 0 | 0 | -2.51 | 45.43 | 63.03 | -2.51 | 45.43 | 63.03 | 0.24 | 0.0 | 2300.0 | -2.27 | 47.94 | 66.52 | 0.00 | 0 | 0 |
| 21Q3 (8) | 2.65 | 5.58 | -41.76 | 1.54 | 4.76 | 16.67 | 0.22 | 0.0 | 57.14 | 0 | 0 | 0 | 0.68 | 7.94 | 36.0 | -0.13 | 95.86 | 95.83 | 0.23 | 360.0 | 76.92 | 9.91 | 324.31 | -3.91 | 0.41 | 10.81 | -19.61 | 0 | 0 | 0 | 1.7 | -3.41 | 25.93 | 0.39 | -13.33 | -39.06 | 9.21 | 0.0 | -42.44 | 0 | 0 | 0 | 0 | 0 | 0 | -4.6 | -5.99 | 12.55 | -4.6 | -5.99 | 12.55 | 0.24 | 2300.0 | 2300.0 | -4.36 | -0.69 | 16.95 | 0.00 | 0 | 0 |
| 21Q2 (7) | 2.51 | 2.45 | 13.57 | 1.47 | 44.12 | 14.84 | 0.22 | 57.14 | -29.03 | 0 | 0 | 0 | 0.63 | 40.0 | 1160.0 | -3.14 | -163.87 | -155.28 | 0.05 | -68.75 | -75.0 | 2.34 | -77.22 | 0 | 0.37 | -7.5 | -38.33 | 0 | 0 | 0 | 1.76 | 38.58 | 122.78 | 0.45 | -13.46 | -36.62 | 9.21 | -42.44 | -29.15 | 0 | 0 | 0 | 0 | 0 | 0 | -4.34 | 45.68 | -103.76 | -4.34 | 45.68 | -103.76 | 0.01 | 0.0 | -66.67 | -4.33 | 45.74 | -106.19 | 0.00 | 0 | 0 |
| 21Q1 (6) | 2.45 | -22.96 | -19.41 | 1.02 | -0.97 | -43.02 | 0.14 | 0.0 | -54.84 | 0 | 0 | 0 | 0.45 | -19.64 | 36.36 | -1.19 | 22.73 | -32.22 | 0.16 | 128.57 | -83.33 | 10.26 | 110.99 | 0 | 0.4 | 2.56 | -46.67 | 0 | 0 | -100.0 | 1.27 | -3.05 | 47.67 | 0.52 | -10.34 | -32.47 | 16.0 | 0.0 | -33.77 | 0 | 0 | 0 | 0 | 0 | 0 | -7.99 | -17.67 | 33.75 | -7.99 | -17.67 | 33.75 | 0.01 | 0.0 | -66.67 | -7.98 | -17.7 | 33.67 | 0.00 | 0 | 0 |
| 20Q4 (5) | 3.18 | -30.11 | -0.31 | 1.03 | -21.97 | -35.62 | 0.14 | 0.0 | -53.33 | 0 | 0 | 0 | 0.56 | 12.0 | 47.37 | -1.54 | 50.64 | -50.98 | 0.07 | -46.15 | -93.14 | 4.86 | -52.88 | 0 | 0.39 | -23.53 | -59.38 | 0 | 0 | -100.0 | 1.31 | -2.96 | 50.57 | 0.58 | -9.38 | -30.95 | 16.0 | 0.0 | -33.77 | 0 | 0 | 0 | 0 | 0 | 0 | -6.79 | -29.09 | 39.16 | -6.79 | -29.09 | 39.16 | 0.01 | 0.0 | -75.0 | -6.78 | -29.14 | 39.03 | 0.00 | 0 | 0 |
| 20Q3 (4) | 4.55 | 105.88 | 0.0 | 1.32 | 3.12 | 0.0 | 0.14 | -54.84 | 0.0 | 0 | 0 | 0.0 | 0.5 | 900.0 | 0.0 | -3.12 | -153.66 | 0.0 | 0.13 | -35.0 | 0.0 | 10.32 | 0 | 0.0 | 0.51 | -15.0 | 0.0 | 0 | 0 | 0.0 | 1.35 | 70.89 | 0.0 | 0.64 | -9.86 | 0.0 | 16.0 | 23.08 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | -5.26 | -146.95 | 0.0 | -5.26 | -146.95 | 0.0 | 0.01 | -66.67 | 0.0 | -5.25 | -150.0 | 0.0 | 0.00 | 0 | 0.0 |
