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) | 13.94 | 3.57 | 21.43 | 63.21 | 1.46 | -24.35 | 0 | 0 | 30.89 | -34.75 | 2.04 | -47.69 | 15.99 | -33.87 | 51.76 | 1.35 | 9.94 | -8.47 | 0 | 0 | 3.6 | 7.14 | 0.13 | 0.0 | 16.51 | 0.0 | 2.26 | 20.86 | 1.11 | 0.0 | 3.3 | -28.26 | 6.67 | -11.89 | 6.16 | 0 | 9.46 | 107.46 | 0.15 | -16.11 |
| 2022 (9) | 13.46 | 10.15 | 13.13 | 31.17 | 1.93 | 407.89 | 0 | 0 | 47.34 | -1.6 | 3.9 | 58.54 | 24.18 | 25.35 | 51.08 | 27.39 | 10.86 | 35.92 | 0 | 0 | 3.36 | -13.85 | 0.13 | -7.14 | 16.51 | 0.0 | 1.87 | 14.02 | 1.11 | 0.0 | 4.6 | 47.91 | 7.57 | 29.4 | -0.04 | 0 | 4.56 | 22.91 | 0.18 | 15.3 |
| 2021 (8) | 12.22 | -22.85 | 10.01 | -5.03 | 0.38 | 100.0 | 0 | 0 | 48.11 | 39.05 | 2.46 | 64.0 | 19.29 | 22.09 | 40.10 | -12.2 | 7.99 | -3.97 | 0 | 0 | 3.9 | 204.69 | 0.14 | -33.33 | 16.51 | 0.0 | 1.64 | 10.81 | 1.11 | -16.54 | 3.11 | 22.44 | 5.85 | 9.14 | 0.6 | 0 | 3.71 | 80.1 | 0.16 | -5.89 |
| 2020 (7) | 15.84 | 70.32 | 10.54 | -5.81 | 0.19 | -5.0 | 0 | 0 | 34.6 | -18.32 | 1.5 | -39.76 | 15.8 | -33.81 | 45.66 | -18.96 | 8.32 | -11.3 | 0 | 0 | 1.28 | -71.74 | 0.21 | -19.23 | 16.51 | 0.0 | 1.48 | 19.35 | 1.33 | 0.0 | 2.54 | -32.45 | 5.36 | -15.32 | -0.48 | 0 | 2.06 | -26.43 | 0.17 | 10.65 |
| 2019 (6) | 9.3 | -28.13 | 11.19 | 52.24 | 0.2 | -41.18 | 0.4 | 0 | 42.36 | -13.07 | 2.49 | -32.7 | 23.87 | 30.29 | 56.35 | 49.89 | 9.38 | -23.3 | 0.64 | 137.04 | 4.53 | -4.23 | 0.26 | -60.61 | 16.51 | 0.0 | 1.24 | 42.53 | 1.33 | 0.0 | 3.76 | -1.05 | 6.33 | 5.5 | -0.96 | 0 | 2.8 | -19.54 | 0.15 | -0.61 |
| 2018 (5) | 12.94 | 20.71 | 7.35 | 0.0 | 0.34 | -29.17 | 0 | 0 | 48.73 | 0.68 | 3.7 | 85.0 | 18.32 | 15.58 | 37.59 | 14.8 | 12.23 | -19.06 | 0.27 | -59.7 | 4.73 | 20.66 | 0.66 | -31.96 | 16.51 | 0.0 | 0.87 | 29.85 | 1.33 | -25.28 | 3.8 | 91.92 | 6.0 | 35.44 | -0.32 | 0 | 3.48 | 157.78 | 0.15 | 21.81 |
| 2017 (4) | 10.72 | 17.8 | 7.35 | 35.61 | 0.48 | 71.43 | 0 | 0 | 48.4 | 31.99 | 2.0 | -23.37 | 15.85 | -6.16 | 32.75 | -28.9 | 15.11 | 27.19 | 0.67 | -64.74 | 3.92 | 26.45 | 0.97 | -20.49 | 16.51 | 0.0 | 0.67 | 63.41 | 1.78 | 33.83 | 1.98 | -35.29 | 4.43 | -7.52 | -0.63 | 0 | 1.35 | -48.28 | 0.13 | 18.78 |
| 2016 (3) | 9.1 | 63.96 | 5.42 | 51.4 | 0.28 | 0.0 | 0 | 0 | 36.67 | 0.55 | 2.61 | 30.5 | 16.89 | 1.87 | 46.06 | 1.31 | 11.88 | 101.36 | 1.9 | -30.66 | 3.1 | 0.65 | 1.22 | 212.82 | 16.51 | 0.0 | 0.41 | 95.24 | 1.33 | 0.0 | 3.06 | 52.24 | 4.79 | 34.93 | -0.45 | 0 | 2.61 | 11.54 | 0.11 | 9.06 |
| 2015 (2) | 5.55 | -19.21 | 3.58 | 77.23 | 0.28 | 3.7 | 0.51 | 0 | 36.47 | 37.73 | 2.0 | 173.97 | 16.58 | 39.8 | 45.46 | 1.5 | 5.9 | 32.58 | 2.74 | 4.58 | 3.08 | -8.33 | 0.39 | 116.67 | 16.51 | -4.62 | 0.21 | 50.0 | 1.33 | 0.0 | 2.01 | 200.0 | 3.55 | 65.12 | 0.33 | -48.44 | 2.34 | 78.63 | 0.10 | 3.06 |
| 2014 (1) | 6.87 | -14.98 | 2.02 | 5.21 | 0.27 | -50.91 | 0 | 0 | 26.48 | 3.4 | 0.73 | -57.31 | 11.86 | 15.37 | 44.79 | 11.58 | 4.45 | 8.54 | 2.62 | -14.38 | 3.36 | 26.32 | 0.18 | -61.7 | 17.31 | 0.0 | 0.14 | 0 | 1.33 | 0.0 | 0.67 | -52.48 | 2.15 | -21.53 | 0.64 | 120.69 | 1.31 | -22.94 | 0.10 | 10.53 |
| 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) | 9.14 | -14.98 | -10.92 | 15.7 | 23.91 | -9.98 | 0.23 | -54.0 | -84.97 | 0 | 0 | 0 | 10.13 | 12.81 | 52.1 | 1.07 | -1.83 | 568.75 | 13.41 | 2.68 | -9.51 | 33.86 | -6.32 | -25.09 | 11.34 | 15.01 | 18.25 | 0.5 | -1.96 | 0 | 7.59 | 18.97 | 84.67 | 0.2 | 81.82 | 42.86 | 16.51 | 0.0 | 0.0 | 2.47 | 0.0 | 9.29 | 1.11 | 0.0 | 0.0 | 3.82 | 38.41 | 71.3 | 7.4 | 16.72 | 31.91 | 45.42 | 48.58 | 2437.43 | 49.24 | 47.73 | 1124.88 | 0.10 | -14.19 | -40.08 |
| 24Q2 (19) | 10.75 | -23.7 | -0.46 | 12.67 | -27.89 | -10.77 | 0.5 | 8.7 | -67.32 | 0 | 0 | 0 | 8.98 | -12.22 | 36.47 | 1.09 | 131.91 | 153.49 | 13.06 | -2.39 | -19.88 | 36.14 | -8.87 | -13.58 | 9.86 | 7.29 | 8.35 | 0.51 | -1.92 | 0 | 6.38 | 39.61 | 82.29 | 0.11 | 10.0 | -8.33 | 16.51 | 0.0 | 0.0 | 2.47 | 9.29 | 9.29 | 1.11 | 0.0 | 0.0 | 2.76 | 47.59 | 33.33 | 6.34 | 20.76 | 16.33 | 30.57 | 56.61 | 1289.55 | 33.33 | 55.82 | 680.56 | 0.12 | -8.14 | -28.37 |
| 24Q1 (18) | 14.09 | 1.08 | 16.45 | 17.57 | -18.01 | 24.35 | 0.46 | -68.49 | -84.3 | 0 | 0 | 0 | 10.23 | -0.39 | 38.62 | 0.47 | -55.66 | 20.51 | 13.38 | -16.32 | -26.89 | 39.66 | -23.39 | -5.15 | 9.19 | -7.55 | -3.87 | 0.52 | 0 | 0 | 4.57 | 26.94 | 104.93 | 0.1 | -23.08 | -16.67 | 16.51 | 0.0 | 0.0 | 2.26 | 0.0 | 20.86 | 1.11 | 0.0 | 0.0 | 1.87 | -43.33 | -8.33 | 5.25 | -21.29 | 4.58 | 19.52 | 216.88 | 1184.21 | 21.39 | 126.11 | 500.84 | 0.13 | -17.95 | -25.92 |
| 23Q4 (17) | 13.94 | 35.87 | 3.57 | 21.43 | 22.88 | 63.21 | 1.46 | -4.58 | -24.35 | 0 | 0 | 0 | 10.27 | 54.2 | -15.61 | 1.06 | 562.5 | 562.5 | 15.99 | 7.89 | -33.87 | 51.76 | 14.53 | 1.35 | 9.94 | 3.65 | -8.47 | 0 | 0 | 0 | 3.6 | -12.41 | 7.14 | 0.13 | -7.14 | 0.0 | 16.51 | 0.0 | 0.0 | 2.26 | 0.0 | 20.86 | 1.11 | 0.0 | 0.0 | 3.3 | 47.98 | -28.26 | 6.67 | 18.89 | -11.89 | 6.16 | 244.13 | 15500.0 | 9.46 | 135.32 | 107.46 | 0.15 | -7.36 | -16.11 |
| 23Q3 (16) | 10.26 | -5.0 | 0.79 | 17.44 | 22.82 | 45.33 | 1.53 | 0.0 | -20.73 | 0 | 0 | 0 | 6.66 | 1.22 | -48.17 | 0.16 | -62.79 | -90.12 | 14.82 | -9.08 | -38.53 | 45.20 | 8.08 | -13.26 | 9.59 | 5.38 | -31.16 | 0 | 0 | 0 | 4.11 | 17.43 | 17.43 | 0.14 | 16.67 | 0.0 | 16.51 | 0.0 | 0.0 | 2.26 | 0.0 | 20.86 | 1.11 | 0.0 | 0.0 | 2.23 | 7.73 | -48.97 | 5.61 | 2.94 | -23.67 | 1.79 | -18.64 | 477.42 | 4.02 | -5.85 | -14.1 | 0.17 | 2.58 | -10.24 |
| 23Q2 (15) | 10.8 | -10.74 | 7.46 | 14.2 | 0.5 | 88.33 | 1.53 | -47.78 | -20.73 | 0 | 0 | 0 | 6.58 | -10.84 | -42.13 | 0.43 | 10.26 | -58.25 | 16.3 | -10.93 | -22.57 | 41.82 | 0.02 | -10.27 | 9.1 | -4.81 | -28.91 | 0 | 0 | 0 | 3.5 | 56.95 | -4.37 | 0.12 | 0.0 | -20.0 | 16.51 | 0.0 | 0.0 | 2.26 | 20.86 | 20.86 | 1.11 | 0.0 | 0.0 | 2.07 | 1.47 | -24.73 | 5.45 | 8.57 | -4.72 | 2.2 | 44.74 | 1933.33 | 4.27 | 19.94 | 62.36 | 0.16 | -4.99 | -4.32 |
| 23Q1 (14) | 12.1 | -10.1 | 27.77 | 14.13 | 7.62 | 66.63 | 2.93 | 51.81 | 565.91 | 0 | 0 | 0 | 7.38 | -39.36 | -32.6 | 0.39 | 143.75 | -64.22 | 18.3 | -24.32 | -10.21 | 41.81 | -18.14 | -0.71 | 9.56 | -11.97 | -6.18 | 0 | 0 | 0 | 2.23 | -33.63 | -51.31 | 0.12 | -7.69 | -7.69 | 16.51 | 0.0 | 0.0 | 1.87 | 0.0 | 14.02 | 1.11 | 0.0 | 0.0 | 2.04 | -55.65 | -51.31 | 5.02 | -33.69 | -27.67 | 1.52 | 3900.0 | 117.14 | 3.56 | -21.93 | -27.2 | 0.17 | -7.09 | 3.37 |
| 22Q4 (13) | 13.46 | 32.22 | 10.15 | 13.13 | 9.42 | 31.17 | 1.93 | 0.0 | 407.89 | 0 | 0 | 0 | 12.17 | -5.29 | 9.64 | 0.16 | -90.12 | 220.0 | 24.18 | 0.29 | 25.35 | 51.08 | -1.98 | 27.36 | 10.86 | -22.04 | 35.92 | 0 | 0 | 0 | 3.36 | -4.0 | -13.85 | 0.13 | -7.14 | -7.14 | 16.51 | 0.0 | 0.0 | 1.87 | 0.0 | 14.02 | 1.11 | 0.0 | 0.0 | 4.6 | 5.26 | 47.91 | 7.57 | 2.99 | 29.4 | -0.04 | -112.9 | -106.67 | 4.56 | -2.56 | 22.91 | 0.18 | -0.87 | 15.3 |
| 22Q3 (12) | 10.18 | 1.29 | -19.59 | 12.0 | 59.15 | 5.54 | 1.93 | 0.0 | 565.52 | 0 | 0 | 0 | 12.85 | 13.02 | 9.36 | 1.62 | 57.28 | 116.0 | 24.11 | 14.54 | 46.48 | 52.11 | 11.81 | 54.23 | 13.93 | 8.83 | 54.78 | 0 | 0 | 0 | 3.5 | -4.37 | 15.51 | 0.14 | -6.67 | 0.0 | 16.51 | 0.0 | 0.0 | 1.87 | 0.0 | 14.02 | 1.11 | 0.0 | 0.0 | 4.37 | 58.91 | 44.22 | 7.35 | 28.5 | 27.16 | 0.31 | 358.33 | 3200.0 | 4.68 | 77.95 | 54.97 | 0.19 | 9.35 | 27.76 |
| 22Q2 (11) | 10.05 | 6.12 | -31.77 | 7.54 | -11.08 | -40.16 | 1.93 | 338.64 | 915.79 | 0 | 0 | 0 | 11.37 | 3.84 | -22.12 | 1.03 | -5.5 | -0.96 | 21.05 | 3.29 | 28.35 | 46.60 | 10.67 | 31.28 | 12.8 | 25.61 | 33.89 | 0 | 0 | 0 | 3.66 | -20.09 | 207.56 | 0.15 | 15.38 | -11.76 | 16.51 | 0.0 | 0.0 | 1.87 | 14.02 | 26.35 | 1.11 | 0.0 | 0.0 | 2.75 | -34.37 | -31.76 | 5.72 | -17.58 | -13.6 | -0.12 | -117.14 | -116.0 | 2.63 | -46.22 | -44.98 | 0.17 | 2.64 | 28.33 |
| 22Q1 (10) | 9.47 | -22.5 | -24.3 | 8.48 | -15.28 | -29.39 | 0.44 | 15.79 | 131.58 | 0 | 0 | 0 | 10.95 | -1.35 | 2.82 | 1.09 | 2080.0 | 75.81 | 20.38 | 5.65 | 9.75 | 42.11 | 5.0 | -11.86 | 10.19 | 27.53 | -5.12 | 0 | 0 | 0 | 4.58 | 17.44 | 275.41 | 0.13 | -7.14 | -27.78 | 16.51 | 0.0 | 0.0 | 1.64 | 0.0 | 10.81 | 1.11 | 0.0 | -16.54 | 4.19 | 34.73 | 32.59 | 6.94 | 18.63 | 16.25 | 0.7 | 16.67 | 341.38 | 4.89 | 31.81 | 70.38 | 0.17 | 3.63 | 11.54 |
| 21Q4 (9) | 12.22 | -3.48 | -22.85 | 10.01 | -11.96 | -5.03 | 0.38 | 31.03 | 100.0 | 0 | 0 | 0 | 11.1 | -5.53 | -5.29 | 0.05 | -93.33 | -94.32 | 19.29 | 17.19 | 22.09 | 40.10 | 18.7 | -12.15 | 7.99 | -11.22 | -3.97 | 0 | 0 | 0 | 3.9 | 28.71 | 204.69 | 0.14 | 0.0 | -33.33 | 16.51 | 0.0 | 0.0 | 1.64 | 0.0 | 10.81 | 1.11 | 0.0 | -16.54 | 3.11 | 2.64 | 22.44 | 5.85 | 1.21 | 9.14 | 0.6 | 6100.0 | 225.0 | 3.71 | 22.85 | 80.1 | 0.16 | 9.84 | -5.89 |
| 21Q3 (8) | 12.66 | -14.05 | -11.03 | 11.37 | -9.76 | 35.68 | 0.29 | 52.63 | 16.0 | 0 | 0 | 0 | 11.75 | -19.52 | 27.3 | 0.75 | -27.88 | 53.06 | 16.46 | 0.37 | 13.99 | 33.78 | -4.83 | -21.78 | 9.0 | -5.86 | 0.11 | 0 | 0 | 0 | 3.03 | 154.62 | -39.16 | 0.14 | -17.65 | -76.27 | 16.51 | 0.0 | 0.0 | 1.64 | 10.81 | 10.81 | 1.11 | 0.0 | -16.54 | 3.03 | -24.81 | 83.64 | 5.78 | -12.69 | 29.6 | -0.01 | -101.33 | 98.84 | 3.02 | -36.82 | 282.28 | 0.15 | 9.84 | -13.3 |
| 21Q2 (7) | 14.73 | 17.75 | -22.1 | 12.6 | 4.91 | 14.96 | 0.19 | 0.0 | 0 | 0 | 0 | 0 | 14.6 | 37.09 | 100.83 | 1.04 | 67.74 | 181.08 | 16.4 | -11.69 | 19.36 | 35.50 | -25.7 | 0 | 9.56 | -10.99 | -6.0 | 0 | 0 | -100.0 | 1.19 | -2.46 | -76.48 | 0.17 | -5.56 | -71.19 | 16.51 | 0.0 | 0.0 | 1.48 | 0.0 | 0.0 | 1.11 | -16.54 | -16.54 | 4.03 | 27.53 | 250.43 | 6.62 | 10.89 | 66.75 | 0.75 | 358.62 | 166.37 | 4.78 | 66.55 | 23800.0 | 0.13 | -10.8 | -19.28 |
| 21Q1 (6) | 12.51 | -21.02 | -0.95 | 12.01 | 13.95 | 13.09 | 0.19 | 0.0 | -5.0 | 0 | 0 | 0 | 10.65 | -9.13 | 66.67 | 0.62 | -29.55 | 348.0 | 18.57 | 17.53 | 28.6 | 47.77 | 4.65 | 0 | 10.74 | 29.09 | 7.08 | 0 | 0 | -100.0 | 1.22 | -4.69 | -72.71 | 0.18 | -14.29 | -70.97 | 16.51 | 0.0 | 0.0 | 1.48 | 0.0 | 19.35 | 1.33 | 0.0 | 0.0 | 3.16 | 24.41 | -9.97 | 5.97 | 11.38 | -1.81 | -0.29 | 39.58 | 74.34 | 2.87 | 39.32 | 20.59 | 0.15 | -12.56 | -4.53 |
| 20Q4 (5) | 15.84 | 11.31 | 70.32 | 10.54 | 25.78 | -5.81 | 0.19 | -24.0 | -5.0 | 0 | 0 | -100.0 | 11.72 | 26.98 | 11.2 | 0.88 | 79.59 | 49.15 | 15.8 | 9.42 | -33.81 | 45.65 | 5.69 | 0 | 8.32 | -7.45 | -11.3 | 0 | 0 | -100.0 | 1.28 | -74.3 | -71.74 | 0.21 | -64.41 | -19.23 | 16.51 | 0.0 | 0.0 | 1.48 | 0.0 | 19.35 | 1.33 | 0.0 | 0.0 | 2.54 | 53.94 | -32.45 | 5.36 | 20.18 | -15.32 | -0.48 | 44.19 | 50.0 | 2.06 | 160.76 | -26.43 | 0.17 | 1.2 | 10.65 |
| 20Q3 (4) | 14.23 | -24.75 | 0.0 | 8.38 | -23.54 | 0.0 | 0.25 | 0 | 0.0 | 0 | 0 | 0.0 | 9.23 | 26.96 | 0.0 | 0.49 | 32.43 | 0.0 | 14.44 | 5.09 | 0.0 | 43.19 | 0 | 0.0 | 8.99 | -11.6 | 0.0 | 0 | -100.0 | 0.0 | 4.98 | -1.58 | 0.0 | 0.59 | 0.0 | 0.0 | 16.51 | 0.0 | 0.0 | 1.48 | 0.0 | 0.0 | 1.33 | 0.0 | 0.0 | 1.65 | 43.48 | 0.0 | 4.46 | 12.34 | 0.0 | -0.86 | 23.89 | 0.0 | 0.79 | 3850.0 | 0.0 | 0.17 | 2.26 | 0.0 |
