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) | 9.74 | -30.28 | 3.6 | -78.08 | 0 | 0 | 0 | 0 | 72.67 | -9.58 | 10.33 | 9.78 | 10.31 | -28.65 | 14.19 | -21.09 | 7.38 | -33.03 | 6.02 | 31.73 | 3.94 | -15.27 | 0.07 | 75.0 | 6.65 | 0.91 | 3.21 | 47.25 | 2.33 | -24.35 | 31.25 | 20.75 | 36.8 | 18.18 | -2.9 | 0 | 28.35 | 20.38 | 0.00 | -16.83 |
| 2022 (9) | 13.97 | 21.8 | 16.42 | -21.59 | 0 | 0 | 0 | 0 | 80.37 | 40.43 | 9.41 | 49.84 | 14.45 | 29.02 | 17.98 | -8.13 | 11.02 | -14.57 | 4.57 | 38.91 | 4.65 | 0 | 0.04 | -20.0 | 6.59 | 0.15 | 2.18 | 40.65 | 3.08 | -50.32 | 25.88 | 53.14 | 31.14 | 26.28 | -2.33 | 0 | 23.55 | 124.71 | 0.00 | -39.19 |
| 2021 (8) | 11.47 | 9.87 | 20.94 | 73.06 | 0 | 0 | 0 | 0 | 57.23 | 22.84 | 6.28 | 13.56 | 11.2 | 26.27 | 19.57 | 2.79 | 12.9 | 119.76 | 3.29 | 67.01 | 0 | 0 | 0.05 | -16.67 | 6.58 | 0.0 | 1.55 | 0 | 6.2 | 86.19 | 16.9 | -4.36 | 24.66 | 17.48 | -6.42 | 0 | 10.48 | -15.69 | 0.01 | 0 |
| 2020 (7) | 10.44 | -7.36 | 12.1 | 42.35 | 0 | 0 | 0 | 0 | 46.59 | -11.0 | 5.53 | -11.52 | 8.87 | 32.39 | 19.04 | 48.76 | 5.87 | -5.02 | 1.97 | -5.74 | 0 | 0 | 0.06 | -45.45 | 6.58 | 0.0 | 0 | 0 | 3.33 | 51.36 | 17.67 | 4.68 | 20.99 | 9.95 | -5.24 | 0 | 12.43 | -8.27 | 0.00 | 0 |
| 2019 (6) | 11.27 | 66.96 | 8.5 | 230.74 | 0 | 0 | 0 | 0 | 52.35 | 13.46 | 6.25 | 13.64 | 6.7 | -10.07 | 12.80 | -20.74 | 6.18 | -7.62 | 2.09 | 38.41 | 0 | 0 | 0.11 | -8.33 | 6.58 | 0.0 | 0 | 0 | 2.2 | -12.0 | 16.88 | 23.94 | 19.09 | 18.42 | -3.33 | 0 | 13.55 | 18.65 | 0.00 | 0 |
| 2018 (5) | 6.75 | 0.6 | 2.57 | 350.88 | 0 | 0 | 0 | 0 | 46.14 | 13.59 | 5.5 | 19.57 | 7.45 | 32.09 | 16.15 | 16.29 | 6.69 | 60.43 | 1.51 | 27.97 | 0 | 0 | 0.12 | 140.0 | 6.58 | 0.0 | 0 | 0 | 2.5 | 309.84 | 13.62 | 7.84 | 16.12 | 21.66 | -2.2 | 0 | 11.42 | 12.73 | 0.00 | 0 |
| 2017 (4) | 6.71 | -20.31 | 0.57 | 18.75 | 0 | 0 | 0 | 0 | 40.62 | -2.47 | 4.6 | -2.54 | 5.64 | 1.81 | 13.88 | 4.39 | 4.17 | 11.2 | 1.18 | -4.84 | 0 | 0 | 0.05 | 0.0 | 6.58 | 0.0 | 0 | 0 | 0.61 | 0.0 | 12.63 | 18.26 | 13.25 | 17.36 | -2.5 | 0 | 10.13 | -1.94 | 0.00 | 0 |
| 2016 (3) | 8.42 | 0.6 | 0.48 | -28.36 | 0 | 0 | 0 | 0 | 41.65 | 3.92 | 4.72 | -2.48 | 5.54 | -10.65 | 13.30 | -14.01 | 3.75 | -1.32 | 1.24 | 20.39 | 0 | 0 | 0.05 | -28.57 | 6.58 | 1.39 | 0 | 0 | 0.61 | 0.0 | 10.68 | 15.96 | 11.29 | 14.97 | -0.35 | 0 | 10.33 | 6.06 | 0.00 | 0 |
| 2015 (2) | 8.37 | 60.96 | 0.67 | -26.37 | 0 | 0 | 0 | 0 | 40.08 | 5.5 | 4.84 | 40.7 | 6.2 | 6.53 | 15.47 | 0.97 | 3.8 | 14.46 | 1.03 | 15.73 | 0 | 0 | 0.07 | 75.0 | 6.49 | 0.93 | 0 | 0 | 0.61 | 0.0 | 9.21 | 42.13 | 9.82 | 38.5 | 0.53 | 178.95 | 9.74 | 46.03 | 0.00 | 0 |
| 2014 (1) | 5.2 | 13.04 | 0.91 | 59.65 | 0 | 0 | 0 | 0 | 37.99 | 9.36 | 3.44 | 7.84 | 5.82 | 32.27 | 15.32 | 20.96 | 3.32 | 19.0 | 0.89 | 23.61 | 0 | 0 | 0.04 | -33.33 | 6.43 | 13.01 | 0 | 0 | 0.61 | 0 | 6.48 | 20.9 | 7.09 | 32.28 | 0.19 | 0 | 6.67 | 40.42 | 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) | 12.43 | 3.84 | 3.41 | 0 | 0 | -100.0 | 2.44 | -23.27 | 0 | 0 | 0 | 0 | 17.35 | -8.68 | 0.23 | 1.66 | -44.3 | -38.06 | 9.6 | -21.44 | -18.44 | 13.13 | -21.48 | -14.78 | 6.69 | -6.95 | -20.26 | 6.05 | -5.62 | -2.26 | 0 | 0 | -100.0 | 0.09 | 50.0 | 200.0 | 6.78 | 1.19 | 2.11 | 4.34 | 14.51 | 35.2 | 0.82 | -71.72 | -64.81 | 33.68 | 10.43 | 19.52 | 38.85 | 4.46 | 15.21 | -1.99 | -142.68 | -215.87 | 31.69 | 6.77 | 15.03 | 0.00 | -9.85 | -31.54 |
| 24Q2 (19) | 11.97 | 70.76 | -38.36 | 0 | -100.0 | -100.0 | 3.18 | 0 | 0 | 0 | 0 | 0 | 19.0 | 7.04 | 5.79 | 2.98 | 14.62 | 34.84 | 12.22 | 1.58 | -1.77 | 16.72 | 0.13 | 7.41 | 7.19 | -4.13 | -17.26 | 6.41 | 2.07 | 35.23 | 0 | -100.0 | -100.0 | 0.06 | 0.0 | 100.0 | 6.7 | 0.45 | 1.21 | 3.79 | 18.07 | 37.82 | 2.9 | 24.46 | 24.46 | 30.5 | 6.42 | 17.53 | 37.19 | 8.71 | 19.85 | -0.82 | 19.61 | 58.16 | 29.68 | 7.38 | 23.72 | 0.00 | -13.06 | -30.61 |
| 24Q1 (18) | 7.01 | -28.03 | -62.35 | 1.19 | -66.94 | -92.96 | 0 | 0 | 0 | 0 | 0 | 0 | 17.75 | -6.78 | -3.32 | 2.6 | -15.31 | 10.17 | 12.03 | 16.68 | -10.36 | 16.69 | 17.67 | 0.51 | 7.5 | 1.63 | -19.96 | 6.28 | 4.32 | 33.9 | 3.67 | -6.85 | -18.63 | 0.06 | -14.29 | 100.0 | 6.67 | 0.3 | 1.06 | 3.21 | 0.0 | 47.25 | 2.33 | 0.0 | -24.35 | 28.66 | -8.29 | 21.65 | 34.21 | -7.04 | 18.7 | -1.02 | 64.83 | 62.77 | 27.64 | -2.5 | 32.76 | 0.00 | -5.48 | -25.95 |
| 23Q4 (17) | 9.74 | -18.97 | -30.28 | 3.6 | -40.59 | -78.08 | 0 | 0 | 0 | 0 | 0 | 0 | 19.04 | 9.99 | -16.45 | 3.07 | 14.55 | 1.66 | 10.31 | -12.4 | -28.65 | 14.19 | -7.88 | -21.09 | 7.38 | -12.04 | -33.03 | 6.02 | -2.75 | 31.73 | 3.94 | -2.48 | -15.27 | 0.07 | 133.33 | 75.0 | 6.65 | 0.15 | 0.91 | 3.21 | 0.0 | 47.25 | 2.33 | 0.0 | -24.35 | 31.25 | 10.89 | 20.75 | 36.8 | 9.13 | 18.18 | -2.9 | -360.32 | -24.46 | 28.35 | 2.9 | 20.38 | 0.00 | -7.58 | -16.83 |
| 23Q3 (16) | 12.02 | -38.11 | -29.46 | 6.06 | -41.73 | -68.78 | 0 | 0 | 0 | 0 | 0 | 0 | 17.31 | -3.62 | -16.86 | 2.68 | 21.27 | 1.52 | 11.77 | -5.39 | -23.62 | 15.40 | -1.04 | -26.78 | 8.39 | -3.45 | -13.51 | 6.19 | 30.59 | 37.86 | 4.04 | -5.39 | -15.13 | 0.03 | 0.0 | -25.0 | 6.64 | 0.3 | 0.91 | 3.21 | 16.73 | 47.25 | 2.33 | 0.0 | -24.35 | 28.18 | 8.59 | 23.49 | 33.72 | 8.67 | 20.09 | -0.63 | 67.86 | -103.23 | 27.55 | 14.84 | 22.39 | 0.00 | -8.62 | -17.2 |
| 23Q2 (15) | 19.42 | 4.3 | 10.59 | 10.4 | -38.46 | -52.88 | 0 | 0 | 0 | 0 | 0 | 0 | 17.96 | -2.18 | -4.62 | 2.21 | -6.36 | 11.06 | 12.44 | -7.3 | -13.67 | 15.56 | -6.29 | -28.51 | 8.69 | -7.26 | -27.1 | 4.74 | 1.07 | 8.72 | 4.27 | -5.32 | -9.92 | 0.03 | 0.0 | -25.0 | 6.62 | 0.3 | 0.61 | 2.75 | 26.15 | 51.93 | 2.33 | -24.35 | -63.71 | 25.95 | 10.14 | 50.7 | 31.03 | 7.67 | 21.97 | -1.96 | 28.47 | 36.36 | 23.99 | 15.23 | 69.66 | 0.00 | -7.22 | -20.7 |
| 23Q1 (14) | 18.62 | 33.29 | 73.05 | 16.9 | 2.92 | -24.28 | 0 | 0 | 0 | 0 | 0 | 0 | 18.36 | -19.44 | 2.4 | 2.36 | -21.85 | 34.09 | 13.42 | -7.13 | 4.27 | 16.61 | -7.62 | -20.0 | 9.37 | -14.97 | -22.94 | 4.69 | 2.63 | 32.11 | 4.51 | -3.01 | 0 | 0.03 | -25.0 | -40.0 | 6.6 | 0.15 | 0.3 | 2.18 | 0.0 | 40.65 | 3.08 | 0.0 | -50.32 | 23.56 | -8.96 | 50.06 | 28.82 | -7.45 | 22.85 | -2.74 | -17.6 | 43.74 | 20.82 | -11.59 | 92.24 | 0.00 | 6.16 | -27.94 |
| 22Q4 (13) | 13.97 | -18.02 | 21.8 | 16.42 | -15.4 | -21.59 | 0 | 0 | 0 | 0 | 0 | 0 | 22.79 | 9.46 | 45.34 | 3.02 | 14.39 | 120.44 | 14.45 | -6.23 | 29.02 | 17.98 | -14.53 | -8.11 | 11.02 | 13.61 | -14.57 | 4.57 | 1.78 | 38.91 | 4.65 | -2.31 | 0 | 0.04 | 0.0 | -20.0 | 6.59 | 0.15 | 0.15 | 2.18 | 0.0 | 40.65 | 3.08 | 0.0 | -50.32 | 25.88 | 13.41 | 53.14 | 31.14 | 10.9 | 26.28 | -2.33 | -651.61 | 63.71 | 23.55 | 4.62 | 124.71 | 0.00 | -8.0 | -39.19 |
| 22Q3 (12) | 17.04 | -2.96 | 67.88 | 19.41 | -12.05 | 2.43 | 0 | 0 | 0 | 0 | 0 | 0 | 20.82 | 10.57 | 51.42 | 2.64 | 32.66 | 123.73 | 15.41 | 6.94 | 50.78 | 21.03 | -3.38 | 12.46 | 9.7 | -18.62 | -13.16 | 4.49 | 2.98 | 38.15 | 4.76 | 0.42 | 0 | 0.04 | 0.0 | -20.0 | 6.58 | 0.0 | 0.0 | 2.18 | 20.44 | 40.65 | 3.08 | -52.02 | -50.32 | 22.82 | 32.52 | 47.13 | 28.08 | 10.38 | 20.67 | -0.31 | 89.94 | 94.98 | 22.51 | 59.19 | 141.01 | 0.00 | -12.49 | -44.08 |
| 22Q2 (11) | 17.56 | 63.2 | 82.35 | 22.07 | -1.12 | 40.93 | 0 | 0 | 0 | 0 | 0 | 0 | 18.83 | 5.02 | 28.71 | 1.99 | 13.07 | 2.05 | 14.41 | 11.97 | 41.0 | 21.77 | 4.86 | 14.9 | 11.92 | -1.97 | 39.42 | 4.36 | 22.82 | 31.72 | 4.74 | 0 | 0 | 0.04 | -20.0 | -20.0 | 6.58 | 0.0 | 0.0 | 1.81 | 16.77 | 53.39 | 6.42 | 3.55 | 22.52 | 17.22 | 9.68 | 9.89 | 25.44 | 8.44 | 15.22 | -3.08 | 36.76 | 50.32 | 14.14 | 30.56 | 49.31 | 0.00 | -15.69 | -40.96 |
| 22Q1 (10) | 10.76 | -6.19 | 11.5 | 22.32 | 6.59 | 63.4 | 0 | 0 | 0 | 0 | 0 | 0 | 17.93 | 14.35 | 36.04 | 1.76 | 28.47 | -0.56 | 12.87 | 14.91 | 47.42 | 20.76 | 6.11 | 12.11 | 12.16 | -5.74 | 66.35 | 3.55 | 7.9 | 10.59 | 0 | 0 | 0 | 0.05 | 0.0 | -16.67 | 6.58 | 0.0 | 0.0 | 1.55 | 0.0 | 0 | 6.2 | 0.0 | 86.19 | 15.7 | -7.1 | -6.55 | 23.46 | -4.87 | 16.54 | -4.87 | 24.14 | 9.65 | 10.83 | 3.34 | -5.08 | 0.01 | -10.41 | 0 |
| 21Q4 (9) | 11.47 | 13.0 | 9.87 | 20.94 | 10.5 | 73.06 | 0 | 0 | 0 | 0 | 0 | 0 | 15.68 | 14.04 | 19.88 | 1.37 | 16.1 | -41.2 | 11.2 | 9.59 | 26.27 | 19.57 | 4.61 | 2.78 | 12.9 | 15.49 | 119.76 | 3.29 | 1.23 | 67.01 | 0 | 0 | 0 | 0.05 | 0.0 | -16.67 | 6.58 | 0.0 | 0.0 | 1.55 | 0.0 | 0 | 6.2 | 0.0 | 86.19 | 16.9 | 8.96 | -4.36 | 24.66 | 5.97 | 17.48 | -6.42 | -4.05 | -22.52 | 10.48 | 12.21 | -15.69 | 0.01 | -15.41 | 0 |
| 21Q3 (8) | 10.15 | 5.4 | 11.17 | 18.95 | 21.01 | 82.21 | 0 | 0 | 0 | 0 | 0 | 0 | 13.75 | -6.02 | 5.36 | 1.18 | -39.49 | -28.92 | 10.22 | 0.0 | 21.52 | 18.70 | -1.28 | 2.84 | 11.17 | 30.64 | 106.47 | 3.25 | -1.81 | 69.27 | 0 | 0 | 0 | 0.05 | 0.0 | -28.57 | 6.58 | 0.0 | 0.0 | 1.55 | 31.36 | 0 | 6.2 | 18.32 | 86.19 | 15.51 | -1.02 | 1.11 | 23.27 | 5.39 | 24.71 | -6.17 | 0.48 | -35.9 | 9.34 | -1.37 | -13.52 | 0.01 | -7.6 | 0 |
| 21Q2 (7) | 9.63 | -0.21 | 6.53 | 15.66 | 14.64 | 92.86 | 0 | 0 | 0 | 0 | 0 | 0 | 14.63 | 11.0 | 86.85 | 1.95 | 10.17 | 1525.0 | 10.22 | 17.07 | 79.3 | 18.95 | 2.31 | 0 | 8.55 | 16.96 | 48.95 | 3.31 | 3.12 | 57.62 | 0 | 0 | 0 | 0.05 | -16.67 | -44.44 | 6.58 | 0.0 | 0.0 | 1.18 | 0 | 0 | 5.24 | 57.36 | 57.36 | 15.67 | -6.73 | 14.63 | 22.08 | 9.69 | 29.88 | -6.2 | -15.03 | -57.76 | 9.47 | -17.0 | -2.77 | 0.01 | 0 | 0 |
| 21Q1 (6) | 9.65 | -7.57 | -9.81 | 13.66 | 12.89 | 57.55 | 0 | 0 | 0 | 0 | 0 | 0 | 13.18 | 0.76 | 4.35 | 1.77 | -24.03 | 24.65 | 8.73 | -1.58 | 11.78 | 18.52 | -2.73 | 0 | 7.31 | 24.53 | 25.39 | 3.21 | 62.94 | 49.3 | 0 | 0 | 0 | 0.06 | 0.0 | -40.0 | 6.58 | 0.0 | 0.0 | 0 | 0 | 0 | 3.33 | 0.0 | 51.36 | 16.8 | -4.92 | 14.44 | 20.13 | -4.1 | 19.25 | -5.39 | -2.86 | -64.33 | 11.41 | -8.21 | 0.09 | 0.00 | 0 | 0 |
| 20Q4 (5) | 10.44 | 14.35 | -7.36 | 12.1 | 16.35 | 42.35 | 0 | 0 | 0 | 0 | 0 | 0 | 13.08 | 0.23 | 2.75 | 2.33 | 40.36 | 41.21 | 8.87 | 5.47 | 32.39 | 19.04 | 4.68 | 0 | 5.87 | 8.5 | -5.02 | 1.97 | 2.6 | -5.74 | 0 | 0 | 0 | 0.06 | -14.29 | -45.45 | 6.58 | 0.0 | 0.0 | 0 | 0 | 0 | 3.33 | 0.0 | 51.36 | 17.67 | 15.19 | 4.68 | 20.99 | 12.49 | 9.95 | -5.24 | -15.42 | -57.36 | 12.43 | 15.09 | -8.27 | 0.00 | 0 | 0 |
| 20Q3 (4) | 9.13 | 1.0 | 0.0 | 10.4 | 28.08 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 13.05 | 66.67 | 0.0 | 1.66 | 1283.33 | 0.0 | 8.41 | 47.54 | 0.0 | 18.19 | 0 | 0.0 | 5.41 | -5.75 | 0.0 | 1.92 | -8.57 | 0.0 | 0 | 0 | 0.0 | 0.07 | -22.22 | 0.0 | 6.58 | 0.0 | 0.0 | 0 | 0 | 0.0 | 3.33 | 0.0 | 0.0 | 15.34 | 12.22 | 0.0 | 18.66 | 9.76 | 0.0 | -4.54 | -15.52 | 0.0 | 10.8 | 10.88 | 0.0 | 0.00 | 0 | 0.0 |
