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) | 8.65 | 1.29 | 29.76 | 59.4 | 6.06 | 0 | 0 | 0 | 6.09 | 34.73 | -1.19 | 0 | 0.21 | 23.53 | 3.45 | -8.32 | 62.06 | 33.98 | 0.29 | -14.71 | 22.25 | -20.37 | 0.01 | 0.0 | 22.64 | 0.0 | 0.5 | 0.0 | 0 | 0 | -7.61 | 0 | -7.11 | 0 | -2.04 | 0 | -9.65 | 0 | 0.06 | 12.81 |
| 2022 (9) | 8.54 | -53.15 | 18.67 | -27.83 | 0 | 0 | 0 | 0 | 4.52 | -38.59 | -2.08 | 0 | 0.17 | 0.0 | 3.76 | 62.83 | 46.32 | 35.52 | 0.34 | -57.5 | 27.94 | 75.06 | 0.01 | 0 | 22.64 | 0.0 | 0.5 | 0.0 | 0 | 0 | -6.42 | 0 | -5.92 | 0 | -2.25 | 0 | -8.67 | 0 | 0.05 | -3.93 |
| 2021 (8) | 18.23 | 135.53 | 25.87 | 175.21 | 0 | 0 | 0 | 0 | 7.36 | 98.92 | -1.03 | 0 | 0.17 | -19.05 | 2.31 | -59.3 | 34.18 | 113.89 | 0.8 | -9.09 | 15.96 | 166.0 | 0 | 0 | 22.64 | 65.98 | 0.5 | 0.0 | 0 | 0 | -4.37 | 0 | -3.87 | 0 | -2.17 | 0 | -6.54 | 0 | 0.06 | -50.93 |
| 2020 (7) | 7.74 | 142.63 | 9.4 | 261.54 | 0 | 0 | 0.03 | 0.0 | 3.7 | -51.51 | 0.14 | 0 | 0.21 | -16.0 | 5.68 | 73.22 | 15.98 | 117.41 | 0.88 | 114.63 | 6.0 | 0.17 | 0 | 0 | 13.64 | 28.2 | 0.5 | 0.0 | 0 | 0 | -3.1 | 0 | -2.6 | 0 | -1.9 | 0 | -5.0 | 0 | 0.11 | -50.13 |
| 2019 (6) | 3.19 | 2.24 | 2.6 | -10.96 | 0 | 0 | 0.03 | 0 | 7.63 | -48.31 | -1.04 | 0 | 0.25 | -16.67 | 3.28 | 61.21 | 7.35 | 8.73 | 0.41 | -54.44 | 5.99 | 915.25 | 0.53 | 0.0 | 10.64 | 0.0 | 0.5 | 0.0 | 0 | 0 | -3.25 | 0 | -2.74 | 0 | -1.86 | 0 | -5.11 | 0 | 0.23 | 22.62 |
| 2018 (5) | 3.12 | -26.24 | 2.92 | 14.96 | 6.24 | 3184.21 | 0 | 0 | 14.76 | 46.57 | 0.03 | 0 | 0.3 | -3.23 | 2.03 | -33.98 | 6.76 | -35.0 | 0.9 | -13.46 | 0.59 | -91.58 | 0.53 | -3.64 | 10.64 | 0.0 | 0.5 | 0.0 | 0 | 0 | -2.22 | 0 | -1.72 | 0 | -1.56 | 0 | -3.78 | 0 | 0.18 | 9.76 |
| 2017 (4) | 4.23 | -45.28 | 2.54 | -54.8 | 0.19 | -75.64 | 0.96 | 0.0 | 10.07 | 15.75 | -0.38 | 0 | 0.31 | -26.19 | 3.08 | -36.23 | 10.4 | 10.4 | 1.04 | -14.75 | 7.01 | -33.68 | 0.55 | -3.51 | 10.64 | 0.0 | 0.5 | 0.0 | 0 | 0 | -3.14 | 0 | -2.64 | 0 | -0.26 | 0 | -3.4 | 0 | 0.17 | 10.79 |
| 2016 (3) | 7.73 | 6.47 | 5.62 | 215.73 | 0.78 | 0 | 0.96 | 0 | 8.7 | 508.39 | 0.75 | 0 | 0.42 | 281.82 | 4.83 | -37.24 | 9.42 | -12.37 | 1.22 | 20.79 | 10.57 | 62.87 | 0.57 | 1325.0 | 10.64 | 0.0 | 0.5 | 0.0 | 0 | 0 | -2.78 | 0 | -2.28 | 0 | -0.13 | 0 | -2.91 | 0 | 0.15 | 152.75 |
| 2015 (2) | 7.26 | -23.34 | 1.78 | -25.83 | 0 | 0 | 0 | 0 | 1.43 | -14.88 | -2.21 | 0 | 0.11 | 10.0 | 7.69 | 29.23 | 10.75 | 39.97 | 1.01 | -18.55 | 6.49 | 0.0 | 0.04 | -20.0 | 10.64 | 39.27 | 0.5 | 0.0 | 0 | 0 | -3.51 | 0 | -3.01 | 0 | 0.03 | 200.0 | -3.48 | 0 | 0.06 | -23.28 |
| 2014 (1) | 9.47 | 56.01 | 2.4 | 84.62 | 0 | 0 | 0.06 | 0 | 1.68 | -95.03 | -1.3 | 0 | 0.1 | -56.52 | 5.95 | 774.22 | 7.68 | 317.39 | 1.24 | 18.1 | 6.49 | 2063.33 | 0.05 | -16.67 | 7.64 | 0.0 | 0.5 | -1.96 | 0 | 0 | -1.3 | 0 | -0.79 | 0 | 0.01 | 0.0 | -1.29 | 0 | 0.08 | 24.34 |
| 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) | 4.96 | 76.51 | -19.09 | 31.65 | -3.74 | 34.91 | 0.32 | -94.86 | -94.67 | 0 | 0 | 0 | 9.45 | 521.71 | 525.83 | 1.14 | 332.65 | 812.5 | 0.2 | 11.11 | 11.11 | 1.37 | -49.27 | -59.46 | 69.3 | -4.39 | 28.6 | 0.26 | -3.7 | -13.33 | 27.98 | 26.66 | 27.41 | 0.01 | 0.0 | 0 | 22.64 | 0.0 | 0.0 | 0.5 | 0.0 | 0.0 | 0 | 0 | 0 | -7.34 | 13.44 | 2.78 | -6.84 | 14.29 | 2.98 | -1.98 | 1.49 | 0.0 | -9.32 | 11.15 | 2.2 | 0.06 | -8.77 | 9.15 |
| 24Q2 (19) | 2.81 | -45.01 | -46.07 | 32.88 | 0.49 | 69.4 | 6.23 | 1.47 | 0 | 0 | 0 | 0 | 1.52 | -9.52 | 18.75 | -0.49 | -28.95 | 3.92 | 0.18 | -10.0 | 12.5 | 2.70 | -13.24 | -16.68 | 72.48 | 5.76 | 42.15 | 0.27 | -3.57 | -12.9 | 22.09 | -0.41 | -20.97 | 0.01 | 0.0 | 0 | 22.64 | 0.0 | 0.0 | 0.5 | 0.0 | 0.0 | 0 | 0 | 0 | -8.48 | -6.13 | -14.75 | -7.98 | -6.54 | -15.82 | -2.01 | 4.29 | 6.07 | -10.49 | -3.96 | -10.07 | 0.06 | 1.84 | 19.64 |
| 24Q1 (18) | 5.11 | -40.92 | -16.37 | 32.72 | 9.95 | 71.22 | 6.14 | 1.32 | 0 | 0 | 0 | 0 | 1.68 | -14.29 | 24.44 | -0.38 | -533.33 | 17.39 | 0.2 | -4.76 | 25.0 | 3.11 | -9.65 | -6.1 | 68.53 | 10.43 | 43.64 | 0.28 | -3.45 | -12.5 | 22.18 | -0.31 | -20.64 | 0.01 | 0.0 | 0 | 22.64 | 0.0 | 0.0 | 0.5 | 0.0 | 0.0 | 0 | 0 | 0 | -7.99 | -4.99 | -16.13 | -7.49 | -5.34 | -17.4 | -2.1 | -2.94 | 3.67 | -10.09 | -4.56 | -11.37 | 0.06 | 6.45 | 19.9 |
| 23Q4 (17) | 8.65 | 41.11 | 1.29 | 29.76 | 26.85 | 59.4 | 6.06 | 1.0 | 0 | 0 | 0 | 0 | 1.96 | 29.8 | 64.71 | -0.06 | 62.5 | 90.48 | 0.21 | 16.67 | 23.53 | 3.44 | 1.94 | -8.47 | 62.06 | 15.16 | 33.98 | 0.29 | -3.33 | -14.71 | 22.25 | 1.32 | -20.37 | 0.01 | 0 | 0.0 | 22.64 | 0.0 | 0.0 | 0.5 | 0.0 | 0.0 | 0 | 0 | 0 | -7.61 | -0.79 | -18.54 | -7.11 | -0.85 | -20.1 | -2.04 | -3.03 | 9.33 | -9.65 | -1.26 | -11.3 | 0.06 | 10.35 | 12.81 |
| 23Q3 (16) | 6.13 | 17.66 | -51.77 | 23.46 | 20.87 | 45.99 | 6.0 | 0 | 0 | 0 | 0 | 0 | 1.51 | 17.97 | 34.82 | -0.16 | 68.63 | 68.0 | 0.18 | 12.5 | -10.0 | 3.38 | 4.27 | -23.17 | 53.89 | 5.69 | 29.36 | 0.3 | -3.23 | -14.29 | 21.96 | -21.43 | -21.4 | 0 | 0 | -100.0 | 22.64 | 0.0 | 0.0 | 0.5 | 0.0 | 0.0 | 0 | 0 | 0 | -7.55 | -2.17 | -29.73 | -7.05 | -2.32 | -32.52 | -1.98 | 7.48 | 10.81 | -9.53 | 0.0 | -18.53 | 0.05 | 0.0 | 6.39 |
| 23Q2 (15) | 5.21 | -14.73 | -66.06 | 19.41 | 1.57 | 10.72 | 0 | 0 | 0 | 0 | 0 | 0 | 1.28 | -5.19 | 9.4 | -0.51 | -10.87 | -75.86 | 0.16 | 0.0 | 14.29 | 3.24 | -2.23 | 78.6 | 50.99 | 6.87 | 34.75 | 0.31 | -3.12 | -13.89 | 27.95 | 0.0 | 0.07 | 0 | 0 | -100.0 | 22.64 | 0.0 | 0.0 | 0.5 | 0.0 | 0.0 | 0 | 0 | 0 | -7.39 | -7.41 | -38.91 | -6.89 | -7.99 | -42.95 | -2.14 | 1.83 | 2.28 | -9.53 | -5.19 | -26.9 | 0.05 | 2.07 | 3.89 |
| 23Q1 (14) | 6.11 | -28.45 | -52.67 | 19.11 | 2.36 | 11.95 | 0 | 0 | 0 | 0 | 0 | 0 | 1.35 | 13.45 | 29.81 | -0.46 | 26.98 | 30.3 | 0.16 | -5.88 | 6.67 | 3.31 | -11.92 | 60.11 | 47.71 | 3.0 | 33.08 | 0.32 | -5.88 | -57.89 | 27.95 | 0.04 | 0.07 | 0 | -100.0 | 0 | 22.64 | 0.0 | 0.0 | 0.5 | 0.0 | 0.0 | 0 | 0 | 0 | -6.88 | -7.17 | -36.78 | -6.38 | -7.77 | -40.84 | -2.18 | 3.11 | 0.91 | -9.06 | -4.5 | -25.31 | 0.05 | 0.15 | -2.84 |
| 22Q4 (13) | 8.54 | -32.81 | -53.15 | 18.67 | 16.18 | -27.83 | 0 | 0 | 0 | 0 | 0 | 0 | 1.19 | 6.25 | -2.46 | -0.63 | -26.0 | -117.24 | 0.17 | -15.0 | 0.0 | 3.76 | -14.44 | 62.83 | 46.32 | 11.19 | 35.52 | 0.34 | -2.86 | -57.5 | 27.94 | 0.0 | 75.06 | 0.01 | 0.0 | 0 | 22.64 | 0.0 | 0.0 | 0.5 | 0.0 | 0.0 | 0 | 0 | 0 | -6.42 | -10.31 | -46.91 | -5.92 | -11.28 | -52.97 | -2.25 | -1.35 | -3.69 | -8.67 | -7.84 | -32.57 | 0.05 | 4.08 | -3.93 |
| 22Q3 (12) | 12.71 | -17.2 | -26.83 | 16.07 | -8.33 | -23.15 | 0 | 0 | 0 | 0 | 0 | 0 | 1.12 | -4.27 | -73.89 | -0.5 | -72.41 | -1100.0 | 0.2 | 42.86 | 33.33 | 4.40 | 142.39 | 113.33 | 41.66 | 10.1 | 35.57 | 0.35 | -2.78 | -55.13 | 27.94 | 0.04 | 75.17 | 0.01 | 0.0 | 0 | 22.64 | 0.0 | 0.0 | 0.5 | 0.0 | 0.0 | 0 | 0 | 0 | -5.82 | -9.4 | -51.56 | -5.32 | -10.37 | -59.28 | -2.22 | -1.37 | -5.21 | -8.04 | -7.06 | -35.13 | 0.05 | -2.35 | 23.13 |
| 22Q2 (11) | 15.35 | 18.9 | 269.88 | 17.53 | 2.69 | 26.57 | 0 | 0 | 0 | 0 | 0 | 0 | 1.17 | 12.5 | 67.14 | -0.29 | 56.06 | 36.96 | 0.14 | -6.67 | -30.0 | 1.81 | -12.35 | -64.64 | 37.84 | 5.55 | 30.66 | 0.36 | -52.63 | -68.7 | 27.93 | 0.0 | 75.11 | 0.01 | 0 | 0.0 | 22.64 | 0.0 | 65.98 | 0.5 | 0.0 | 0.0 | 0 | 0 | 0 | -5.32 | -5.77 | -36.76 | -4.82 | -6.4 | -42.18 | -2.19 | 0.45 | -5.29 | -7.51 | -3.87 | -25.8 | 0.05 | -4.54 | -41.32 |
| 22Q1 (10) | 12.91 | -29.18 | 70.32 | 17.07 | -34.02 | 13.42 | 0 | 0 | 0 | 0 | 0 | 0 | 1.04 | -14.75 | -9.57 | -0.66 | -127.59 | -100.0 | 0.15 | -11.76 | -48.28 | 2.07 | -10.43 | -73.46 | 35.85 | 4.89 | 33.37 | 0.76 | -5.0 | -28.97 | 27.93 | 75.0 | 75.11 | 0 | 0 | 0 | 22.64 | 0.0 | 65.98 | 0.5 | 0.0 | 0.0 | 0 | 0 | 0 | -5.03 | -15.1 | -46.65 | -4.53 | -17.05 | -54.61 | -2.2 | -1.38 | -8.37 | -7.23 | -10.55 | -32.42 | 0.05 | -0.97 | -47.78 |
| 21Q4 (9) | 18.23 | 4.95 | 135.53 | 25.87 | 23.72 | 175.21 | 0 | 0 | 0 | 0 | 0 | -100.0 | 1.22 | -71.56 | 7.02 | -0.29 | -680.0 | 38.3 | 0.17 | 13.33 | -19.05 | 2.31 | 12.1 | -59.3 | 34.18 | 11.23 | 113.89 | 0.8 | 2.56 | -9.09 | 15.96 | 0.06 | 166.0 | 0 | 0 | 0 | 22.64 | 0.0 | 65.98 | 0.5 | 0.0 | 0.0 | 0 | 0 | 0 | -4.37 | -13.8 | -40.97 | -3.87 | -15.87 | -48.85 | -2.17 | -2.84 | -14.21 | -6.54 | -9.92 | -30.8 | 0.06 | 33.39 | -50.93 |
| 21Q3 (8) | 17.37 | 318.55 | 158.48 | 20.91 | 50.97 | 310.0 | 0 | 0 | 0 | 0 | 0 | -100.0 | 4.29 | 512.86 | 371.43 | 0.05 | 110.87 | 183.33 | 0.15 | -25.0 | 25.0 | 2.06 | -59.82 | -19.81 | 30.73 | 6.11 | 208.84 | 0.78 | -32.17 | -41.35 | 15.95 | 0.0 | 165.83 | 0 | -100.0 | -100.0 | 22.64 | 65.98 | 65.98 | 0.5 | 0.0 | 0.0 | 0 | 0 | 0 | -3.84 | 1.29 | -45.45 | -3.34 | 1.47 | -56.81 | -2.11 | -1.44 | -7.65 | -5.95 | 0.34 | -29.35 | 0.04 | -53.46 | -64.88 |
| 21Q2 (7) | 4.15 | -45.25 | -26.02 | 13.85 | -7.97 | 188.54 | 0 | 0 | 0 | 0 | 0 | 0 | 0.7 | -39.13 | 34.62 | -0.46 | -39.39 | -141.07 | 0.2 | -31.03 | 42.86 | 5.13 | -34.22 | 0 | 28.96 | 7.74 | 246.0 | 1.15 | 7.48 | -55.08 | 15.95 | 0.0 | 165.83 | 0.01 | 0 | -50.0 | 13.64 | 0.0 | 0.0 | 0.5 | 0.0 | 0 | 0 | 0 | 0 | -3.89 | -13.41 | 0 | -3.39 | -15.7 | -62.98 | -2.08 | -2.46 | -0.48 | -5.97 | -9.34 | -188.41 | 0.09 | -15.06 | -32.61 |
| 21Q1 (6) | 7.58 | -2.07 | 49.21 | 15.05 | 60.11 | 554.35 | 0 | 0 | 0 | 0 | -100.0 | 0 | 1.15 | 0.88 | 1.77 | -0.33 | 29.79 | 28.26 | 0.29 | 38.1 | 0.0 | 7.80 | 37.35 | 0 | 26.88 | 68.21 | 260.32 | 1.07 | 21.59 | 174.36 | 15.95 | 165.83 | 166.28 | 0 | 0 | -100.0 | 13.64 | 0.0 | 0.0 | 0.5 | 0.0 | 0.0 | 0 | 0 | 0 | -3.43 | -10.65 | 7.3 | -2.93 | -12.69 | 8.44 | -2.03 | -6.84 | -7.98 | -5.46 | -9.2 | 2.15 | 0.10 | -6.95 | -36.07 |
| 20Q4 (5) | 7.74 | 15.18 | 142.63 | 9.4 | 84.31 | 261.54 | 0 | 0 | 0 | 0.03 | 0.0 | 0 | 1.14 | 25.27 | -45.97 | -0.47 | -683.33 | -840.0 | 0.21 | 75.0 | -16.0 | 5.68 | 120.88 | 0 | 15.98 | 60.6 | 117.41 | 0.88 | -33.83 | 114.63 | 6.0 | 0.0 | 0.17 | 0 | -100.0 | -100.0 | 13.64 | 0.0 | 28.2 | 0.5 | 0.0 | 0 | 0 | 0 | 0 | -3.1 | -17.42 | 0 | -2.6 | -22.07 | 5.11 | -1.9 | 3.06 | -2.15 | -5.0 | -8.7 | -168.82 | 0.11 | -4.52 | -50.13 |
| 20Q3 (4) | 6.72 | 19.79 | 0.0 | 5.1 | 6.25 | 0.0 | 0 | 0 | 0.0 | 0.03 | 0 | 0.0 | 0.91 | 75.0 | 0.0 | -0.06 | -105.36 | 0.0 | 0.12 | -14.29 | 0.0 | 2.57 | 0 | 0.0 | 9.95 | 18.88 | 0.0 | 1.33 | -48.05 | 0.0 | 6.0 | 0.0 | 0.0 | 0.02 | 0.0 | 0.0 | 13.64 | 0.0 | 0.0 | 0.5 | 0 | 0.0 | 0 | 0 | 0.0 | -2.64 | 0 | 0.0 | -2.13 | -2.4 | 0.0 | -1.96 | 5.31 | 0.0 | -4.6 | -122.22 | 0.0 | 0.12 | -10.69 | 0.0 |
