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) | 11.07 | 133.54 | 0 | 0 | 0 | 0 | 0 | 0 | 27.66 | 11.4 | 6.08 | 22.33 | 1.22 | 16.19 | 4.41 | 4.3 | 11.23 | 19.09 | 5.28 | -0.19 | 0 | 0 | 0.02 | 0.0 | 7.63 | 2.69 | 3.92 | 14.96 | 0.02 | 0.0 | 8.81 | 26.76 | 12.75 | 22.83 | -0.09 | 0 | 8.72 | 19.13 | 0.00 | 0 |
| 2022 (9) | 4.74 | 586.96 | 0 | 0 | 0 | 0 | 0 | 0 | 24.83 | -39.07 | 4.97 | 22.72 | 1.05 | -80.08 | 4.23 | -67.3 | 9.43 | -14.43 | 5.29 | -1.67 | 0 | 0 | 0.02 | -98.13 | 7.43 | 4.8 | 3.41 | 14.05 | 0.02 | 0.0 | 6.95 | 26.36 | 10.38 | 21.97 | 0.37 | -38.33 | 7.32 | 20.0 | 0.13 | 27.33 |
| 2021 (8) | 0.69 | -54.61 | 1.75 | -63.0 | 0.21 | -46.15 | 0 | 0 | 40.75 | 74.15 | 4.05 | 24.23 | 5.27 | -27.91 | 12.93 | -58.6 | 11.02 | 3.77 | 5.38 | -0.55 | 0.82 | -31.09 | 1.07 | -6.96 | 7.09 | 13.26 | 2.99 | 12.41 | 0.02 | 0.0 | 5.5 | 43.98 | 8.51 | 30.72 | 0.6 | -10.45 | 6.1 | 35.86 | 0.10 | -12.26 |
| 2020 (7) | 1.52 | 794.12 | 4.73 | 311.3 | 0.39 | 0 | 0 | 0 | 23.4 | 30.14 | 3.26 | 31.45 | 7.31 | 414.79 | 31.24 | 295.55 | 10.62 | 109.47 | 5.41 | -18.52 | 1.19 | 0 | 1.15 | 5650.0 | 6.26 | 0.0 | 2.66 | 10.37 | 0.02 | 0.0 | 3.82 | 42.54 | 6.51 | 27.15 | 0.67 | 191.3 | 4.49 | 54.3 | 0.11 | 3721.48 |
| 2019 (6) | 0.17 | -64.58 | 1.15 | -82.71 | 0 | 0 | 0 | 0 | 17.98 | 11.89 | 2.48 | 28.5 | 1.42 | -12.35 | 7.90 | -21.66 | 5.07 | -14.93 | 6.64 | 1.07 | 0 | 0 | 0.02 | 100.0 | 6.26 | 0.0 | 2.41 | 8.56 | 0.02 | 0.0 | 2.68 | 19.64 | 5.12 | 14.29 | 0.23 | 187.5 | 2.91 | 25.43 | 0.00 | 25.35 |
| 2018 (5) | 0.48 | -22.58 | 6.65 | 118.03 | 0 | 0 | 0 | 0 | 16.07 | 3.15 | 1.93 | -17.52 | 1.62 | -36.22 | 10.08 | -38.17 | 5.96 | 13.52 | 6.57 | -1.5 | 0 | 0 | 0.01 | 0.0 | 6.26 | 0.0 | 2.22 | 12.12 | 0.02 | 0.0 | 2.24 | -13.51 | 4.48 | -2.61 | 0.08 | -33.33 | 2.32 | -14.39 | 0.00 | -39.2 |
| 2017 (4) | 0.62 | -56.64 | 3.05 | -10.29 | 0.08 | -66.67 | 0 | 0 | 15.58 | 0.06 | 2.34 | 14.71 | 2.54 | 9.01 | 16.30 | 8.94 | 5.25 | -12.79 | 6.67 | 1.06 | 0.82 | -68.58 | 0.01 | -50.0 | 6.26 | 0.0 | 1.98 | 11.24 | 0.02 | 0.0 | 2.59 | 9.28 | 4.6 | 10.31 | 0.12 | 33.33 | 2.71 | 10.16 | 0.00 | -19.51 |
| 2016 (3) | 1.43 | 346.88 | 3.4 | 6.25 | 0.24 | -25.0 | 0 | 0 | 15.57 | 17.42 | 2.04 | 26.71 | 2.33 | -22.33 | 14.96 | -33.86 | 6.02 | 6.55 | 6.6 | -0.9 | 2.61 | -30.95 | 0.02 | 0 | 6.26 | 0.0 | 1.78 | 9.88 | 0.02 | 0.0 | 2.37 | 9.22 | 4.17 | 9.45 | 0.09 | 800.0 | 2.46 | 12.84 | 0.00 | 0 |
| 2015 (2) | 0.32 | 68.42 | 3.2 | 236.84 | 0.32 | 357.14 | 0 | 0 | 13.26 | 4.41 | 1.61 | 8.05 | 3.0 | 48.51 | 22.62 | 42.24 | 5.65 | 1.07 | 6.66 | 0.45 | 3.78 | -27.86 | 0 | 0 | 6.26 | -15.06 | 1.62 | 10.2 | 0.02 | 0.0 | 2.17 | 45.64 | 3.81 | 27.85 | 0.01 | -93.33 | 2.18 | 32.93 | 0.00 | 0 |
| 2014 (1) | 0.19 | 46.15 | 0.95 | 280.0 | 0.07 | 0 | 0 | 0 | 12.7 | -12.11 | 1.49 | 7.97 | 2.02 | -18.88 | 15.91 | -7.7 | 5.59 | 18.43 | 6.63 | 187.01 | 5.24 | -46.26 | 0 | 0 | 7.37 | 31.14 | 1.47 | 10.53 | 0.02 | -92.59 | 1.49 | 7.19 | 2.98 | -0.33 | 0.15 | 87.5 | 1.64 | 11.56 | 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) | 4.41 | -47.87 | 1.15 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.12 | -4.69 | -1.93 | 1.39 | 1.46 | -16.77 | 0.6 | -42.31 | -31.82 | 2.06 | -42.03 | -37.29 | 11.97 | -4.39 | 34.04 | 4.02 | 0.25 | -24.01 | 0 | 0 | 0 | 0.01 | -66.67 | -75.0 | 7.63 | 0.0 | 2.69 | 4.53 | 0.0 | 15.56 | 0.09 | 0.0 | 350.0 | 7.98 | 21.09 | 7.4 | 12.59 | 12.41 | 10.73 | 0.26 | 23.81 | -62.32 | 8.24 | 21.18 | 1.48 | 0.00 | 0 | 0 |
| 24Q2 (19) | 8.46 | -15.99 | 6.82 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.47 | 5.96 | 12.33 | 1.37 | 8.73 | -23.46 | 1.04 | 44.44 | -32.9 | 3.55 | 40.4 | -40.78 | 12.52 | 1.62 | 39.27 | 4.01 | -23.76 | -23.91 | 0 | 0 | 0 | 0.03 | 0.0 | 200.0 | 7.63 | 0.0 | 2.69 | 4.53 | 15.56 | 15.56 | 0.09 | 350.0 | 350.0 | 6.59 | 11.88 | 14.41 | 11.2 | 13.94 | 15.46 | 0.21 | 90.91 | -71.62 | 6.8 | 13.33 | 4.62 | 0.00 | 0 | 0 |
| 24Q1 (18) | 10.07 | -9.03 | 147.42 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.05 | -6.37 | 13.34 | 1.26 | -8.7 | 1.61 | 0.72 | -40.98 | -12.2 | 2.53 | -42.7 | -33.71 | 12.32 | 9.71 | 32.9 | 5.26 | -0.38 | -0.38 | 0 | 0 | 0 | 0.03 | 50.0 | 50.0 | 7.63 | 0.0 | 2.69 | 3.92 | 0.0 | 14.96 | 0.02 | 0.0 | 0.0 | 5.89 | -33.14 | 31.47 | 9.83 | -22.9 | 24.27 | 0.11 | 222.22 | -81.97 | 6.0 | -31.19 | 17.88 | 0.00 | 0 | -100.0 |
| 23Q4 (17) | 11.07 | 153.9 | 133.54 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.53 | 3.72 | 12.39 | 1.38 | -17.37 | -19.77 | 1.22 | 38.64 | 16.19 | 4.41 | 34.48 | 4.34 | 11.23 | 25.76 | 19.09 | 5.28 | -0.19 | -0.19 | 0 | 0 | 0 | 0.02 | -50.0 | 0.0 | 7.63 | 2.69 | 2.69 | 3.92 | 0.0 | 14.96 | 0.02 | 0.0 | 0.0 | 8.81 | 18.57 | 26.76 | 12.75 | 12.14 | 22.83 | -0.09 | -113.04 | -124.32 | 8.72 | 7.39 | 19.13 | 0.00 | 0 | -100.0 |
| 23Q3 (16) | 4.36 | -44.95 | 17.52 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.26 | 9.17 | 15.24 | 1.67 | -6.7 | 26.52 | 0.88 | -43.23 | -18.52 | 3.28 | -45.26 | -11.02 | 8.93 | -0.67 | 4.32 | 5.29 | 0.38 | -1.31 | 0 | 0 | 0 | 0.04 | 300.0 | 100.0 | 7.43 | 0.0 | 0.0 | 3.92 | 0.0 | 14.96 | 0.02 | 0.0 | 0.0 | 7.43 | 28.99 | 44.27 | 11.37 | 17.22 | 32.36 | 0.69 | -6.76 | 200.0 | 8.12 | 24.92 | 50.93 | 0.00 | 0 | -100.0 |
| 23Q2 (15) | 7.92 | 94.59 | 751.61 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.65 | 6.91 | 190.39 | 1.79 | 44.35 | 84.54 | 1.55 | 89.02 | 4.03 | 5.99 | 57.17 | 35.03 | 8.99 | -3.02 | 17.52 | 5.27 | -0.19 | -1.86 | 0 | 0 | 0 | 0.01 | -50.0 | -50.0 | 7.43 | 0.0 | -0.13 | 3.92 | 14.96 | 14.96 | 0.02 | 0.0 | 0.0 | 5.76 | 28.57 | 50.39 | 9.7 | 22.63 | 33.43 | 0.74 | 21.31 | 155.17 | 6.5 | 27.7 | 57.77 | 0.00 | -100.0 | -100.0 |
| 23Q1 (14) | 4.07 | -14.14 | 307.0 | 0 | 0 | -100.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 6.22 | -7.16 | -34.87 | 1.24 | -27.91 | 29.17 | 0.82 | -21.9 | -79.95 | 3.81 | -9.81 | -61.19 | 9.27 | -1.7 | -8.58 | 5.28 | -0.19 | -1.86 | 0 | 0 | -100.0 | 0.02 | 0.0 | -98.1 | 7.43 | 0.0 | 4.8 | 3.41 | 0.0 | 14.05 | 0.02 | 0.0 | 0.0 | 4.48 | -35.54 | 23.08 | 7.91 | -23.8 | 18.95 | 0.61 | 64.86 | -7.58 | 5.09 | -30.46 | 18.37 | 0.14 | 12.66 | 29.83 |
| 22Q4 (13) | 4.74 | 27.76 | 586.96 | 0 | 0 | -100.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 6.7 | 6.35 | -39.96 | 1.72 | 30.3 | 37.6 | 1.05 | -2.78 | -80.08 | 4.23 | 14.68 | -67.31 | 9.43 | 10.16 | -14.43 | 5.29 | -1.31 | -1.67 | 0 | 0 | -100.0 | 0.02 | 0.0 | -98.13 | 7.43 | 0.0 | 4.8 | 3.41 | 0.0 | 14.05 | 0.02 | 0.0 | 0.0 | 6.95 | 34.95 | 26.36 | 10.38 | 20.84 | 21.97 | 0.37 | 60.87 | -38.33 | 7.32 | 36.06 | 20.0 | 0.13 | -4.9 | 27.33 |
| 22Q3 (12) | 3.71 | 298.92 | 148.99 | 0 | 0 | -100.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 6.3 | 175.11 | -40.45 | 1.32 | 36.08 | -6.38 | 1.08 | -27.52 | -81.73 | 3.69 | -16.93 | -75.47 | 8.56 | 11.9 | -21.83 | 5.36 | -0.19 | -0.56 | 0 | 0 | -100.0 | 0.02 | 0.0 | -98.17 | 7.43 | -0.13 | 7.84 | 3.41 | 0.0 | 14.05 | 0.02 | 0.0 | 0.0 | 5.15 | 34.46 | 21.75 | 8.59 | 18.16 | 18.48 | 0.23 | -20.69 | -74.73 | 5.38 | 30.58 | 4.67 | 0.13 | -4.41 | 26.9 |
| 22Q2 (11) | 0.93 | -7.0 | -58.85 | 0 | -100.0 | -100.0 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 2.29 | -76.02 | -77.87 | 0.97 | 1.04 | 32.88 | 1.49 | -63.57 | -75.29 | 4.44 | -54.83 | -75.16 | 7.65 | -24.56 | -33.19 | 5.37 | -0.19 | -0.56 | 0 | -100.0 | -100.0 | 0.02 | -98.1 | -98.21 | 7.44 | 4.94 | 18.85 | 3.41 | 14.05 | 28.2 | 0.02 | 0.0 | 0.0 | 3.83 | 5.22 | 10.37 | 7.27 | 9.32 | 18.21 | 0.29 | -56.06 | -77.52 | 4.12 | -4.19 | -13.45 | 0.14 | 26.76 | 25.96 |
| 22Q1 (10) | 1.0 | 44.93 | -10.71 | 1.61 | -8.0 | -61.2 | 0.31 | 47.62 | -8.82 | 0 | 0 | 0 | 9.55 | -14.43 | 10.28 | 0.96 | -23.2 | 47.69 | 4.09 | -22.39 | -24.68 | 9.82 | -24.05 | -48.93 | 10.14 | -7.99 | -8.32 | 5.38 | 0.0 | -0.37 | 1.3 | 58.54 | 16.07 | 1.05 | -1.87 | -7.89 | 7.09 | 0.0 | 13.26 | 2.99 | 0.0 | 12.41 | 0.02 | 0.0 | 0.0 | 3.64 | -33.82 | 35.32 | 6.65 | -21.86 | 23.61 | 0.66 | 10.0 | -13.16 | 4.3 | -29.51 | 24.64 | 0.11 | 10.49 | -10.11 |
| 21Q4 (9) | 0.69 | -53.69 | -54.61 | 1.75 | -60.67 | -63.0 | 0.21 | -19.23 | -46.15 | 0 | 0 | 0 | 11.16 | 5.48 | 14.58 | 1.25 | -11.35 | -1.57 | 5.27 | -10.83 | -27.91 | 12.93 | -13.94 | -58.6 | 11.02 | 0.64 | 3.77 | 5.38 | -0.19 | -0.55 | 0.82 | -18.0 | -31.09 | 1.07 | -1.83 | -6.96 | 7.09 | 2.9 | 13.26 | 2.99 | 0.0 | 12.41 | 0.02 | 0.0 | 0.0 | 5.5 | 30.02 | 43.98 | 8.51 | 17.38 | 30.72 | 0.6 | -34.07 | -10.45 | 6.1 | 18.68 | 35.86 | 0.10 | -5.21 | -12.26 |
| 21Q3 (8) | 1.49 | -34.07 | 263.41 | 4.45 | -3.26 | 134.21 | 0.26 | -13.33 | 0 | 0 | 0 | 0 | 10.58 | 2.22 | 111.18 | 1.41 | 93.15 | 76.25 | 5.91 | -1.99 | 503.06 | 15.03 | -15.87 | 199.92 | 10.95 | -4.37 | 39.49 | 5.39 | -0.19 | -18.46 | 1.0 | -5.66 | 0 | 1.09 | -2.68 | 10800.0 | 6.89 | 10.06 | 10.06 | 2.99 | 12.41 | 12.41 | 0.02 | 0.0 | 0.0 | 4.23 | 21.9 | 65.88 | 7.25 | 17.89 | 38.62 | 0.91 | -29.46 | 51.67 | 5.14 | 7.98 | 63.17 | 0.10 | -5.12 | 2834.58 |
| 21Q2 (7) | 2.26 | 101.79 | 545.71 | 4.6 | 10.84 | 240.74 | 0.3 | -11.76 | 0 | 0 | 0 | 0 | 10.35 | 19.52 | 114.73 | 0.73 | 12.31 | 12.31 | 6.03 | 11.05 | 313.01 | 17.86 | -7.14 | 0 | 11.45 | 3.53 | 75.61 | 5.4 | 0.0 | -18.06 | 1.06 | -5.36 | 0 | 1.12 | -1.75 | 11100.0 | 6.26 | 0.0 | 0.0 | 2.66 | 0.0 | 0.0 | 0.02 | 0.0 | 0.0 | 3.47 | 29.0 | 105.33 | 6.15 | 14.31 | 40.73 | 1.29 | 69.74 | 239.47 | 4.76 | 37.97 | 129.95 | 0.11 | -9.54 | 2278.97 |
| 21Q1 (6) | 1.12 | -26.32 | 220.0 | 4.15 | -12.26 | 115.03 | 0.34 | -12.82 | 0 | 0 | 0 | 0 | 8.66 | -11.09 | 126.11 | 0.65 | -48.82 | 20.37 | 5.43 | -25.72 | 587.34 | 19.23 | -38.43 | 0 | 11.06 | 4.14 | 104.81 | 5.4 | -0.18 | -18.67 | 1.12 | -5.88 | 0 | 1.14 | -0.87 | 11300.0 | 6.26 | 0.0 | 0.0 | 2.66 | 0.0 | 10.37 | 0.02 | 0.0 | 0.0 | 2.69 | -29.58 | 110.16 | 5.38 | -17.36 | 45.01 | 0.76 | 13.43 | 533.33 | 3.45 | -23.16 | 146.43 | 0.12 | 7.85 | 4773.85 |
| 20Q4 (5) | 1.52 | 270.73 | 794.12 | 4.73 | 148.95 | 311.3 | 0.39 | 0 | 0 | 0 | 0 | 0 | 9.74 | 94.41 | 65.08 | 1.27 | 58.75 | 29.59 | 7.31 | 645.92 | 414.79 | 31.24 | 523.51 | 0 | 10.62 | 35.29 | 109.47 | 5.41 | -18.15 | -18.52 | 1.19 | 0 | 0 | 1.15 | 11400.0 | 5650.0 | 6.26 | 0.0 | 0.0 | 2.66 | 0.0 | 10.37 | 0.02 | 0.0 | 0.0 | 3.82 | 49.8 | 42.54 | 6.51 | 24.47 | 27.15 | 0.67 | 11.67 | 191.3 | 4.49 | 42.54 | 54.3 | 0.11 | 3070.16 | 3721.48 |
| 20Q3 (4) | 0.41 | 17.14 | 0.0 | 1.9 | 40.74 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 5.01 | 3.94 | 0.0 | 0.8 | 23.08 | 0.0 | 0.98 | -32.88 | 0.0 | 5.01 | 0 | 0.0 | 7.85 | 20.4 | 0.0 | 6.61 | 0.3 | 0.0 | 0 | 0 | 0.0 | 0.01 | 0.0 | 0.0 | 6.26 | 0.0 | 0.0 | 2.66 | 0.0 | 0.0 | 0.02 | 0.0 | 0.0 | 2.55 | 50.89 | 0.0 | 5.23 | 19.68 | 0.0 | 0.6 | 57.89 | 0.0 | 3.15 | 52.17 | 0.0 | 0.00 | -23.08 | 0.0 |
