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 | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 (10) | 2.27 | 42.77 | 0.88 | 214.29 | 0 | 0 | 0 | 0 | 6.66 | -38.96 | -1.27 | 0 | 1.74 | -48.37 | 26.13 | -15.42 | 0.89 | -49.72 | 1.7 | 8.97 | 0 | 0 | 0.03 | 50.0 | 3.7 | 0.0 | 0.59 | 0.0 | 0.61 | 0.0 | 1.56 | -44.88 | 2.75 | -31.59 | -0.56 | 0 | 1.0 | -53.49 | -0.01 | 0 |
| 2021 (9) | 1.59 | 120.83 | 0.28 | 0 | 0 | 0 | 0 | 0 | 10.91 | 21.09 | -0.23 | 0 | 3.37 | 66.01 | 30.89 | 37.1 | 1.77 | 46.28 | 1.56 | 0 | 0 | 0 | 0.02 | 100.0 | 3.7 | 0.0 | 0.59 | 11.32 | 0.61 | -15.28 | 2.83 | -14.24 | 4.02 | -11.65 | -0.68 | 0 | 2.15 | -20.07 | 0.00 | 7.1 |
| 2020 (8) | 0.72 | -79.55 | 0 | 0 | 0 | 0 | 0 | 0 | 9.01 | -26.81 | 0.52 | 67.74 | 2.03 | -31.19 | 22.53 | -5.98 | 1.21 | 23.47 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | 3.7 | 0.0 | 0.53 | 6.0 | 0.72 | 105.71 | 3.3 | -1.79 | 4.55 | 8.08 | -0.61 | 0 | 2.69 | 1.89 | 0.00 | -4.97 |
| 2019 (7) | 3.52 | 28.94 | 0 | 0 | 2.89 | 0 | 0 | 0 | 12.31 | -29.01 | 0.31 | -74.59 | 2.95 | -58.22 | 23.96 | -41.14 | 0.98 | -50.0 | 0 | 0 | 0 | 0 | 0.01 | 0 | 3.7 | 0.0 | 0.5 | 31.58 | 0.35 | -5.41 | 3.36 | -4.82 | 4.21 | -1.41 | -0.72 | 0 | 2.64 | -16.98 | 0.00 | -96.58 |
| 2018 (6) | 2.73 | 6.23 | 1.87 | 20.65 | 0 | 0 | 0 | 0 | 17.34 | 21.94 | 1.22 | -8.27 | 7.06 | 46.17 | 40.72 | 19.87 | 1.96 | 18.79 | 0 | 0 | 2.82 | 0 | 0 | 0 | 3.7 | 0.0 | 0.38 | 40.74 | 0.37 | 12.12 | 3.53 | 15.74 | 4.27 | 17.31 | -0.35 | 0 | 3.18 | 19.1 | 0.03 | 303.76 |
| 2017 (5) | 2.57 | 217.28 | 1.55 | 0 | 0.77 | 108.11 | 0 | 0 | 14.22 | 65.16 | 1.33 | 107.81 | 4.83 | 185.8 | 33.97 | 73.05 | 1.65 | 98.8 | 0 | 0 | 0 | 0 | 0.01 | -50.0 | 3.7 | 0.0 | 0.27 | 28.57 | 0.33 | 0 | 3.05 | 39.27 | 3.64 | 52.3 | -0.38 | 0 | 2.67 | 43.55 | 0.01 | 0 |
| 2016 (4) | 0.81 | -65.82 | 0 | 0 | 0.37 | 0 | 0 | 0 | 8.61 | 3.11 | 0.64 | -25.58 | 1.69 | 106.1 | 19.63 | 99.87 | 0.83 | -7.78 | 0 | 0 | 0.78 | -18.75 | 0.02 | 0.0 | 3.7 | 12.46 | 0.21 | 75.0 | 0 | 0 | 2.19 | 19.67 | 2.39 | 22.56 | -0.33 | 0 | 1.86 | -10.14 | 0.00 | 0 |
| 2015 (3) | 2.37 | 102.56 | 0 | 0 | 0 | 0 | 0 | 0 | 8.35 | 31.7 | 0.86 | 38.71 | 0.82 | 203.7 | 9.82 | 130.6 | 0.9 | 50.0 | 0 | 0 | 0.96 | 0 | 0.02 | -33.33 | 3.29 | 0.0 | 0.12 | 100.0 | 0 | 0 | 1.83 | 60.53 | 1.95 | 63.87 | 0.24 | -31.43 | 2.07 | 38.93 | 0.00 | 0 |
| 2014 (2) | 1.17 | -31.58 | 0 | 0 | 0 | 0 | 0 | 0 | 6.34 | 8.01 | 0.62 | -3.12 | 0.27 | -52.63 | 4.26 | -56.14 | 0.6 | -1.64 | 0 | 0 | 0 | 0 | 0.03 | 200.0 | 3.29 | 0.0 | 0.06 | 0 | 0 | 0 | 1.14 | 100.0 | 1.19 | 108.77 | 0.35 | 94.44 | 1.49 | 98.67 | 0.00 | 0 |
| 2013 (1) | 1.71 | 375.0 | 0.21 | -36.36 | 0 | 0 | 0 | 0 | 5.87 | 35.88 | 0.64 | 0 | 0.57 | 35.71 | 9.71 | -0.12 | 0.61 | 32.61 | 0 | 0 | 0 | 0 | 0.01 | 0 | 3.29 | 22.3 | 0 | 0 | 0 | 0 | 0.57 | 0 | 0.57 | 0 | 0.18 | 0 | 0.75 | 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 | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 23Q2 (20) | 2.39 | -5.53 | 77.04 | 1.22 | -3.17 | 212.82 | 0 | 0 | 0 | 0 | 0 | 0 | 1.49 | 28.45 | 0.0 | -0.17 | -142.86 | 60.47 | 1.36 | -8.11 | -29.9 | 21.62 | -8.11 | -2.59 | 0.6 | -23.08 | -56.52 | 1.6 | -4.76 | 3.23 | 0 | 0 | 0 | 0.03 | 50.0 | 50.0 | 3.7 | 0.0 | 0.0 | 0.59 | 0.0 | 0.0 | 0.56 | -8.2 | -8.2 | 1.37 | -8.05 | -33.5 | 2.51 | -6.34 | -22.77 | -0.68 | -33.33 | -36.0 | 0.69 | -29.59 | -55.77 | 0.00 | 100.0 | -100.0 |
| 23Q1 (19) | 2.53 | 11.45 | 69.8 | 1.26 | 43.18 | 85.29 | 0 | 0 | 0 | 0 | 0 | 0 | 1.16 | -41.71 | -23.68 | -0.07 | 36.36 | 79.41 | 1.48 | -14.94 | -42.64 | 23.53 | -10.07 | -4.7 | 0.78 | -12.36 | -49.68 | 1.68 | -1.18 | 5.66 | 0 | 0 | 0 | 0.02 | -33.33 | 0.0 | 3.7 | 0.0 | 0.0 | 0.59 | 0.0 | 0.0 | 0.61 | 0.0 | 0.0 | 1.49 | -4.49 | -40.16 | 2.68 | -2.55 | -27.17 | -0.51 | 8.93 | -34.21 | 0.98 | -2.0 | -53.55 | -0.01 | -0.27 | -672.89 |
| 22Q4 (18) | 2.27 | -11.67 | 42.77 | 0.88 | -16.19 | 214.29 | 0 | 0 | 0 | 0 | 0 | 0 | 1.99 | 20.61 | -38.39 | -0.11 | 71.79 | -1200.0 | 1.74 | 0.0 | -48.37 | 26.17 | 18.65 | -15.29 | 0.89 | -23.93 | -49.72 | 1.7 | -2.86 | 8.97 | 0 | 0 | 0 | 0.03 | 0.0 | 50.0 | 3.7 | 0.0 | 0.0 | 0.59 | 0.0 | 0.0 | 0.61 | 0.0 | 0.0 | 1.56 | -6.59 | -44.88 | 2.75 | -3.85 | -31.59 | -0.56 | -27.27 | 17.65 | 1.0 | -18.7 | -53.49 | -0.01 | -158.83 | -674.05 |
| 22Q3 (17) | 2.57 | 90.37 | 6.2 | 1.05 | 169.23 | 275.0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.65 | 10.74 | -34.0 | -0.39 | 9.3 | -178.57 | 1.74 | -10.31 | -37.41 | 22.05 | -0.65 | -16.31 | 1.17 | -15.22 | -39.06 | 1.75 | 12.9 | 18.24 | 0 | 0 | 0 | 0.03 | 50.0 | -25.0 | 3.7 | 0.0 | 0.0 | 0.59 | 0.0 | 0.0 | 0.61 | 0.0 | 0.0 | 1.67 | -18.93 | -40.78 | 2.86 | -12.0 | -28.68 | -0.44 | 12.0 | 41.33 | 1.23 | -21.15 | -40.58 | -0.00 | -204.99 | -319.69 |
| 22Q2 (16) | 1.35 | -9.4 | -10.0 | 0.39 | -42.65 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.49 | -1.97 | -53.44 | -0.43 | -26.47 | -458.33 | 1.94 | -24.81 | -19.83 | 22.20 | -10.09 | -1.12 | 1.38 | -10.97 | -4.83 | 1.55 | -2.52 | 3.33 | 0 | 0 | 0 | 0.02 | 0.0 | 100.0 | 3.7 | 0.0 | 0.0 | 0.59 | 0.0 | 11.32 | 0.61 | 0.0 | -15.28 | 2.06 | -17.27 | -35.42 | 3.25 | -11.68 | -26.8 | -0.5 | -31.58 | 32.43 | 1.56 | -26.07 | -36.33 | 0.00 | 110.25 | 120.0 |
| 22Q1 (15) | 1.49 | -6.29 | 27.35 | 0.68 | 142.86 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.52 | -52.94 | -23.23 | -0.34 | -3500.0 | -47.83 | 2.58 | -23.44 | 41.76 | 24.69 | -20.07 | 33.62 | 1.55 | -12.43 | 13.97 | 1.59 | 1.92 | 0 | 0 | 0 | 0 | 0.02 | 0.0 | 100.0 | 3.7 | 0.0 | 0.0 | 0.59 | 0.0 | 11.32 | 0.61 | 0.0 | -15.28 | 2.49 | -12.01 | -18.89 | 3.68 | -8.46 | -14.81 | -0.38 | 44.12 | 43.28 | 2.11 | -1.86 | -12.08 | 0.00 | 0.48 | 4.04 |
| 21Q4 (14) | 1.59 | -34.3 | 120.83 | 0.28 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.23 | 29.2 | 12.54 | 0.01 | 107.14 | -92.31 | 3.37 | 21.22 | 66.01 | 30.89 | 17.22 | 37.1 | 1.77 | -7.81 | 46.28 | 1.56 | 5.41 | 0 | 0 | 0 | 0 | 0.02 | -50.0 | 100.0 | 3.7 | 0.0 | 0.0 | 0.59 | 0.0 | 11.32 | 0.61 | 0.0 | -15.28 | 2.83 | 0.35 | -14.24 | 4.02 | 0.25 | -11.65 | -0.68 | 9.33 | -11.48 | 2.15 | 3.86 | -20.07 | 0.00 | -0.95 | 7.1 |
| 21Q3 (13) | 2.42 | 61.33 | 47.56 | 0.28 | 0 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 2.5 | -21.88 | -8.42 | -0.14 | -216.67 | -182.35 | 2.78 | 14.88 | 58.86 | 26.35 | 17.38 | 36.42 | 1.92 | 32.41 | 79.44 | 1.48 | -1.33 | 0 | 0 | 0 | 0 | 0.04 | 300.0 | 300.0 | 3.7 | 0.0 | 0.0 | 0.59 | 11.32 | 11.32 | 0.61 | -15.28 | -15.28 | 2.82 | -11.6 | -11.04 | 4.01 | -9.68 | -9.28 | -0.75 | -1.35 | 8.54 | 2.07 | -15.51 | -11.91 | 0.00 | 5.14 | 3.94 |
| 21Q2 (12) | 1.5 | 28.21 | -54.55 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 3.2 | 61.62 | 40.97 | 0.12 | 152.17 | -66.67 | 2.42 | 32.97 | 39.88 | 22.45 | 21.5 | 25.61 | 1.45 | 6.62 | 55.91 | 1.5 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 3.7 | 0.0 | 0.0 | 0.53 | 0.0 | 0.0 | 0.72 | 0.0 | 0.0 | 3.19 | 3.91 | 6.33 | 4.44 | 2.78 | 4.47 | -0.74 | -10.45 | 24.49 | 2.45 | 2.08 | 21.29 | 0.00 | -0.57 | -4.77 |
| 21Q1 (11) | 1.17 | 62.5 | -59.66 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 1.98 | -31.01 | 73.68 | -0.23 | -276.92 | -64.29 | 1.82 | -10.34 | -8.08 | 18.48 | -17.99 | -0.8 | 1.36 | 12.4 | 51.11 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 3.7 | 0.0 | 0.0 | 0.53 | 0.0 | 6.0 | 0.72 | 0.0 | 105.71 | 3.07 | -6.97 | -4.66 | 4.32 | -5.05 | 6.14 | -0.67 | -9.84 | 19.28 | 2.4 | -10.78 | 0.42 | 0.00 | 3.43 | -4.69 |
| 20Q4 (10) | 0.72 | -56.1 | -79.55 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 2.87 | 5.13 | -1.71 | 0.13 | -23.53 | -38.1 | 2.03 | 16.0 | -31.19 | 22.53 | 16.64 | -5.91 | 1.21 | 13.08 | 23.47 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 3.7 | 0.0 | 0.0 | 0.53 | 0.0 | 6.0 | 0.72 | 0.0 | 105.71 | 3.3 | 4.1 | -1.79 | 4.55 | 2.94 | 8.08 | -0.61 | 25.61 | 15.28 | 2.69 | 14.47 | 1.89 | 0.00 | -3.87 | -4.97 |
| 20Q3 (9) | 1.64 | -50.3 | -58.79 | 0 | 0 | 0 | 0.01 | -99.65 | -99.65 | 0 | 0 | 0 | 2.73 | 20.26 | -18.51 | 0.17 | -52.78 | 325.0 | 1.75 | 1.16 | -55.13 | 19.32 | 8.08 | -35.22 | 1.07 | 15.05 | 9.18 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 3.7 | 0.0 | 0.0 | 0.53 | 0.0 | 6.0 | 0.72 | 0.0 | 105.71 | 3.17 | 5.67 | 0.63 | 4.42 | 4.0 | 10.5 | -0.82 | 16.33 | -34.43 | 2.35 | 16.34 | -7.48 | 0.00 | -3.68 | -96.81 |
| 20Q2 (8) | 3.3 | 13.79 | -28.57 | 0 | 0 | -100.0 | 2.83 | -2.08 | 0 | 0 | 0 | 0 | 2.27 | 99.12 | -29.5 | 0.36 | 357.14 | 111.76 | 1.73 | -12.63 | -57.7 | 17.87 | -4.05 | -39.26 | 0.93 | 3.33 | -32.12 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.01 | 0.0 | 0 | 3.7 | 0.0 | 0.0 | 0.53 | 6.0 | 6.0 | 0.72 | 105.71 | 105.71 | 3.0 | -6.83 | -3.54 | 4.25 | 4.42 | 7.32 | -0.98 | -18.07 | -292.0 | 2.02 | -15.48 | -29.37 | 0.00 | -0.48 | -96.56 |
| 20Q1 (7) | 2.9 | -17.61 | -16.91 | 0 | 0 | -100.0 | 2.89 | 0.0 | 0 | 0 | 0 | 0 | 1.14 | -60.96 | -59.72 | -0.14 | -166.67 | -40.0 | 1.98 | -32.88 | -64.96 | 18.63 | -22.21 | 0 | 0.9 | -8.16 | -51.09 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.01 | 0.0 | 0 | 3.7 | 0.0 | 0.0 | 0.5 | 0.0 | 31.58 | 0.35 | 0.0 | -5.41 | 3.22 | -4.17 | -6.12 | 4.07 | -3.33 | -2.4 | -0.83 | -15.28 | -591.67 | 2.39 | -9.47 | -27.79 | 0.00 | 3.12 | -96.42 |
| 19Q4 (6) | 3.52 | -11.56 | 28.94 | 0 | 0 | -100.0 | 2.89 | 0.7 | 0 | 0 | 0 | 0 | 2.92 | -12.84 | -20.65 | 0.21 | 425.0 | 184.0 | 2.95 | -24.36 | -58.22 | 23.94 | -19.69 | 0 | 0.98 | 0.0 | -50.0 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.01 | 0.0 | 0 | 3.7 | 0.0 | 0.0 | 0.5 | 0.0 | 31.58 | 0.35 | 0.0 | -5.41 | 3.36 | 6.67 | -4.82 | 4.21 | 5.25 | -1.41 | -0.72 | -18.03 | -105.71 | 2.64 | 3.94 | -16.98 | 0.00 | -96.77 | -96.58 |
| 19Q3 (5) | 3.98 | -13.85 | 10.56 | 0 | -100.0 | -100.0 | 2.87 | 0 | 304.23 | 0 | 0 | 0 | 3.35 | 4.04 | -19.66 | 0.04 | -76.47 | -82.61 | 3.9 | -4.65 | -46.65 | 29.82 | 1.33 | 0 | 0.98 | -28.47 | -58.82 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0.01 | 0 | 0 | 3.7 | 0.0 | 0.0 | 0.5 | 0.0 | 31.58 | 0.35 | 0.0 | -5.41 | 3.15 | 1.29 | -16.45 | 4.0 | 1.01 | -11.31 | -0.61 | -144.0 | -38.64 | 2.54 | -11.19 | -23.72 | 0.04 | 3.83 | 22.39 |
| 19Q2 (4) | 4.62 | 32.38 | 0.0 | 0.99 | -41.42 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 3.22 | 13.78 | 0.0 | 0.17 | 270.0 | 0.0 | 4.09 | -27.61 | 0.0 | 29.42 | 0 | 0.0 | 1.37 | -25.54 | 0.0 | 0 | 0 | 0.0 | 2.85 | 0.35 | 0.0 | 0 | 0 | 0.0 | 3.7 | 0.0 | 0.0 | 0.5 | 31.58 | 0.0 | 0.35 | -5.41 | 0.0 | 3.11 | -9.33 | 0.0 | 3.96 | -5.04 | 0.0 | -0.25 | -108.33 | 0.0 | 2.86 | -13.6 | 0.0 | 0.03 | 3.58 | 0.0 |
