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) | 15.28 | 6.7 | 21.44 | -19.19 | 1.75 | 600.0 | 0 | 0 | 10.9 | -21.01 | 0.57 | -80.21 | 2.17 | -23.05 | 19.91 | -2.58 | 1.15 | -6.5 | 1.23 | 0.0 | 8.94 | 0.22 | 1.17 | 6.36 | 7.11 | 0.0 | 2.91 | 11.07 | 0 | 0 | 2.52 | -31.34 | 5.43 | -13.54 | 0 | 0 | 2.52 | -31.34 | 0.00 | 0 |
| 2022 (9) | 14.32 | 8.57 | 26.53 | 51.43 | 0.25 | 0 | 0 | 0 | 13.8 | -17.02 | 2.88 | -15.79 | 2.82 | -43.94 | 20.43 | -32.44 | 1.23 | -42.52 | 1.23 | -0.81 | 8.92 | 4.45 | 1.1 | 0.92 | 7.11 | 0.0 | 2.62 | 10.55 | 0 | 0 | 3.67 | 51.65 | 6.28 | 30.83 | 0 | 0 | 3.67 | 51.65 | 0.00 | 0 |
| 2021 (8) | 13.19 | -4.35 | 17.52 | 39.38 | 0 | 0 | 0 | 0 | 16.63 | 56.59 | 3.42 | 0 | 5.03 | 259.29 | 30.25 | 129.44 | 2.14 | 3.88 | 1.24 | 342.86 | 8.54 | 149.71 | 1.09 | -0.91 | 7.11 | 0.0 | 2.37 | 0.0 | 0 | 0 | 2.42 | 0 | 4.8 | 250.36 | 0 | 0 | 2.42 | 0 | 0.00 | 0 |
| 2020 (7) | 13.79 | -18.6 | 12.57 | -2.33 | 0 | 0 | 0 | 0 | 10.62 | -22.31 | -1.65 | 0 | 1.4 | -25.93 | 13.18 | -4.65 | 2.06 | 19.08 | 0.28 | -88.84 | 3.42 | 90.0 | 1.1 | 0.0 | 7.11 | 0.0 | 2.37 | 0.0 | 0 | 0 | -1.0 | 0 | 1.37 | -59.23 | 0 | 0 | -1.0 | 0 | 0.00 | 0 |
| 2019 (6) | 16.94 | 5.88 | 12.87 | -10.69 | 0 | 0 | 0 | 0 | 13.67 | -25.26 | -0.13 | 0 | 1.89 | -61.19 | 13.83 | -48.07 | 1.73 | 2.37 | 2.51 | 0.8 | 1.8 | -45.45 | 1.1 | 0 | 7.11 | 0.0 | 2.37 | 9.22 | 0 | 0 | 0.99 | -48.7 | 3.36 | -20.38 | 0 | 0 | 0.99 | -48.7 | 0.00 | 0 |
| 2018 (5) | 16.0 | 8.04 | 14.41 | -11.65 | 0 | 0 | 0 | 0 | 18.29 | 13.39 | 2.05 | 0 | 4.87 | 10.68 | 26.63 | -2.39 | 1.69 | -32.67 | 2.49 | 0.0 | 3.3 | 43.48 | 0 | 0 | 7.11 | 0.0 | 2.17 | 0.0 | 0.12 | 0.0 | 1.93 | 0 | 4.22 | 94.47 | 0 | 0 | 1.93 | 0 | 0.00 | 0 |
| 2017 (4) | 14.81 | -26.39 | 16.31 | 66.43 | 0 | 0 | 0 | 0 | 16.13 | 9.65 | -1.41 | 0 | 4.4 | 10.0 | 27.28 | 0.32 | 2.51 | 93.08 | 2.49 | -3.49 | 2.3 | -56.6 | 0.01 | 0.0 | 7.11 | 0.0 | 2.17 | 1.4 | 0.12 | 0.0 | -0.12 | 0 | 2.17 | -43.64 | 0 | 0 | -0.12 | 0 | 0.00 | 0 |
| 2016 (3) | 20.12 | 12.34 | 9.8 | 13.16 | 0 | 0 | 0 | 0 | 14.71 | 9.61 | 0.32 | -74.4 | 4.0 | 24.22 | 27.19 | 13.33 | 1.3 | -16.13 | 2.58 | -1.9 | 5.3 | 10.42 | 0.01 | -50.0 | 7.11 | 0.0 | 2.14 | 6.47 | 0.12 | 0.0 | 1.59 | -36.14 | 3.85 | -16.67 | -0.05 | 0 | 1.54 | -39.84 | 0.00 | 0 |
| 2015 (2) | 17.91 | 29.59 | 8.66 | 31.21 | 0 | 0 | 0 | 0 | 13.42 | -9.57 | 1.25 | -31.69 | 3.22 | -35.21 | 23.99 | -28.36 | 1.55 | -31.11 | 2.63 | -5.4 | 4.8 | 11.63 | 0.02 | -33.33 | 7.11 | 0.0 | 2.01 | 9.84 | 0.12 | 0.0 | 2.49 | -17.28 | 4.62 | -6.85 | 0.07 | 0.0 | 2.56 | -16.88 | 0.00 | 0 |
| 2014 (1) | 13.82 | -11.52 | 6.6 | -31.82 | 0 | 0 | 0 | 0 | 14.84 | -3.51 | 1.83 | 47.58 | 4.97 | 32.18 | 33.49 | 36.99 | 2.25 | -5.46 | 2.78 | -2.8 | 4.3 | 7.5 | 0.03 | 0.0 | 7.11 | 16.18 | 1.83 | 7.65 | 0.12 | 0.0 | 3.01 | 15.33 | 4.96 | 11.71 | 0.07 | 133.33 | 3.08 | 16.67 | 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) | 17.51 | 8.62 | 13.04 | 15.18 | -3.25 | -36.83 | 2.05 | 64.0 | -52.44 | 0 | 0 | 0 | 2.98 | 2.76 | 10.37 | -0.68 | -326.67 | -151.13 | 2.36 | 39.64 | 9.26 | 21.24 | 36.13 | 10.14 | 1.25 | -26.47 | -10.71 | 1.48 | 0.0 | 20.33 | 7.52 | -12.56 | 22.88 | 1.15 | -0.86 | -1.71 | 7.11 | 0.0 | 0.0 | 2.96 | 0.0 | 1.72 | 0 | 0 | 0 | 2.59 | -20.8 | -35.73 | 5.55 | -11.06 | -20.03 | 0 | 0 | 0 | 2.59 | -20.8 | -35.73 | 0.00 | 0 | 0 |
| 24Q2 (19) | 16.12 | 7.18 | 13.44 | 15.69 | -14.26 | -42.02 | 1.25 | 400.0 | 400.0 | 0 | 0 | 0 | 2.9 | 22.88 | 14.17 | 0.3 | -71.96 | -55.22 | 1.69 | -14.21 | -15.08 | 15.60 | -17.06 | -3.71 | 1.7 | 7.59 | 41.67 | 1.48 | 0.0 | 20.33 | 8.6 | 3.24 | -14.68 | 1.16 | 0.0 | -0.85 | 7.11 | 0.0 | 0.0 | 2.96 | 1.72 | 1.72 | 0 | 0 | 0 | 3.27 | -9.17 | 20.66 | 6.24 | -4.0 | 11.23 | 0 | 0 | 0 | 3.27 | -9.17 | 20.66 | 0.00 | 0 | 0 |
| 24Q1 (18) | 15.04 | -1.57 | 14.11 | 18.3 | -14.65 | -34.29 | 0.25 | -85.71 | 0.0 | 0 | 0 | 0 | 2.36 | -17.77 | -15.41 | 1.07 | 170.86 | 1428.57 | 1.97 | -9.22 | -4.83 | 18.82 | -5.49 | 26.71 | 1.58 | 37.39 | 12.86 | 1.48 | 20.33 | 20.33 | 8.33 | -6.82 | -10.72 | 1.16 | -0.85 | 0.0 | 7.11 | 0.0 | 0.0 | 2.91 | 0.0 | 11.07 | 0 | 0 | 0 | 3.6 | 42.86 | -3.74 | 6.5 | 19.71 | 2.2 | 0 | 0 | 0 | 3.6 | 42.86 | -3.74 | 0.00 | 0 | 0 |
| 23Q4 (17) | 15.28 | -1.36 | 6.7 | 21.44 | -10.78 | -19.19 | 1.75 | -59.4 | 600.0 | 0 | 0 | 0 | 2.87 | 6.3 | -9.46 | -1.51 | -213.53 | -42.45 | 2.17 | 0.46 | -23.05 | 19.91 | 3.23 | -2.58 | 1.15 | -17.86 | -6.5 | 1.23 | 0.0 | 0.0 | 8.94 | 46.08 | 0.22 | 1.17 | 0.0 | 6.36 | 7.11 | 0.0 | 0.0 | 2.91 | 0.0 | 11.07 | 0 | 0 | 0 | 2.52 | -37.47 | -31.34 | 5.43 | -21.76 | -13.54 | 0 | 0 | 0 | 2.52 | -37.47 | -31.34 | 0.00 | 0 | 0 |
| 23Q3 (16) | 15.49 | 9.01 | 4.03 | 24.03 | -11.2 | -5.21 | 4.31 | 1624.0 | 4.61 | 0 | 0 | 0 | 2.7 | 6.3 | -28.57 | 1.33 | 98.51 | -37.26 | 2.16 | 8.54 | -36.84 | 19.29 | 19.01 | -19.59 | 1.4 | 16.67 | -29.65 | 1.23 | 0.0 | 0.0 | 6.12 | -39.29 | 34.21 | 1.17 | 0.0 | 6.36 | 7.11 | 0.0 | 0.0 | 2.91 | 0.0 | 11.07 | 0 | 0 | 0 | 4.03 | 48.71 | -14.26 | 6.94 | 23.71 | -5.06 | 0 | 0 | 0 | 4.03 | 48.71 | -14.26 | 0.00 | 0 | 0 |
| 23Q2 (15) | 14.21 | 7.81 | -5.52 | 27.06 | -2.84 | 24.07 | 0.25 | 0.0 | -88.89 | 0 | 0 | 0 | 2.54 | -8.96 | -39.52 | 0.67 | 857.14 | -37.38 | 1.99 | -3.86 | -39.88 | 16.21 | 9.13 | -24.75 | 1.2 | -14.29 | -52.0 | 1.23 | 0.0 | -0.81 | 10.08 | 8.04 | 46.72 | 1.17 | 0.86 | 7.34 | 7.11 | 0.0 | 0.0 | 2.91 | 11.07 | 11.07 | 0 | 0 | 0 | 2.71 | -27.54 | 5.45 | 5.61 | -11.79 | 8.09 | 0 | 0 | 0 | 2.71 | -27.54 | 5.45 | 0.00 | 0 | 0 |
| 23Q1 (14) | 13.18 | -7.96 | -14.97 | 27.85 | 4.98 | 37.4 | 0.25 | 0.0 | 0.0 | 0 | 0 | 0 | 2.79 | -11.99 | 5.28 | 0.07 | 106.6 | -90.54 | 2.07 | -26.6 | -8.81 | 14.85 | -27.33 | 0.94 | 1.4 | 13.82 | -43.55 | 1.23 | 0.0 | -0.81 | 9.33 | 4.6 | 7.86 | 1.16 | 5.45 | 6.42 | 7.11 | 0.0 | 0.0 | 2.62 | 0.0 | 10.55 | 0 | 0 | 0 | 3.74 | 1.91 | 18.35 | 6.36 | 1.27 | 14.8 | 0 | 0 | 0 | 3.74 | 1.91 | 18.35 | 0.00 | 0 | 0 |
| 22Q4 (13) | 14.32 | -3.83 | 8.57 | 26.53 | 4.65 | 51.43 | 0.25 | -93.93 | 0 | 0 | 0 | 0 | 3.17 | -16.14 | -12.67 | -1.06 | -150.0 | -231.25 | 2.82 | -17.54 | -43.94 | 20.43 | -14.8 | -32.4 | 1.23 | -38.19 | -42.52 | 1.23 | 0.0 | -0.81 | 8.92 | 95.61 | 4.45 | 1.1 | 0.0 | 0.92 | 7.11 | 0.0 | 0.0 | 2.62 | 0.0 | 10.55 | 0 | 0 | 0 | 3.67 | -21.91 | 51.65 | 6.28 | -14.09 | 30.83 | 0 | 0 | 0 | 3.67 | -21.91 | 51.65 | 0.00 | 0 | 0 |
| 22Q3 (12) | 14.89 | -1.0 | -6.7 | 25.35 | 16.23 | 66.34 | 4.12 | 83.11 | 0 | 0 | 0 | 0 | 3.78 | -10.0 | -22.7 | 2.12 | 98.13 | 3433.33 | 3.42 | 3.32 | -35.23 | 23.98 | 11.37 | -24.6 | 1.99 | -20.4 | -37.03 | 1.23 | -0.81 | 355.56 | 4.56 | -33.62 | -42.86 | 1.1 | 0.92 | 0.0 | 7.11 | 0.0 | 0.0 | 2.62 | 0.0 | 10.55 | 0 | 0 | 0 | 4.7 | 82.88 | 71.53 | 7.31 | 40.85 | 42.77 | 0 | 0 | 0 | 4.7 | 82.88 | 71.53 | 0.00 | 0 | 0 |
| 22Q2 (11) | 15.04 | -2.97 | -9.99 | 21.81 | 7.6 | 73.1 | 2.25 | 800.0 | 0 | 0 | 0 | 0 | 4.2 | 58.49 | -1.41 | 1.07 | 44.59 | 278.33 | 3.31 | 45.81 | 27.31 | 21.54 | 46.38 | 15.88 | 2.5 | 0.81 | -23.08 | 1.24 | 0.0 | 342.86 | 6.87 | -20.58 | 0.88 | 1.09 | 0.0 | -0.91 | 7.11 | 0.0 | 0.0 | 2.62 | 10.55 | 10.55 | 0 | 0 | 0 | 2.57 | -18.67 | -4.1 | 5.19 | -6.32 | 2.57 | 0 | 0 | 0 | 2.57 | -18.67 | -4.1 | 0.00 | 0 | 0 |
| 22Q1 (10) | 15.5 | 17.51 | -2.15 | 20.27 | 15.7 | 66.15 | 0.25 | 0 | 0 | 0 | 0 | 0 | 2.65 | -27.0 | -31.35 | 0.74 | 331.25 | -82.75 | 2.27 | -54.87 | 10.73 | 14.71 | -51.33 | -17.97 | 2.48 | 15.89 | 5.98 | 1.24 | 0.0 | 342.86 | 8.65 | 1.29 | 98.85 | 1.09 | 0.0 | -0.91 | 7.11 | 0.0 | 0.0 | 2.37 | 0.0 | 0.0 | 0 | 0 | 0 | 3.16 | 30.58 | -3.95 | 5.54 | 15.42 | -2.12 | 0 | 0 | 0 | 3.16 | 30.58 | -3.95 | 0.00 | 0 | 0 |
| 21Q4 (9) | 13.19 | -17.36 | -4.35 | 17.52 | 14.96 | 39.38 | 0 | 0 | 0 | 0 | 0 | 0 | 3.63 | -25.77 | 1.11 | -0.32 | -633.33 | 11.11 | 5.03 | -4.73 | 259.29 | 30.23 | -4.96 | 129.52 | 2.14 | -32.28 | 3.88 | 1.24 | 359.26 | 342.86 | 8.54 | 7.02 | 149.71 | 1.09 | -0.91 | -0.91 | 7.11 | 0.0 | 0.0 | 2.37 | 0.0 | 0.0 | 0 | 0 | 0 | 2.42 | -11.68 | 342.0 | 4.8 | -6.25 | 250.36 | 0 | 0 | 0 | 2.42 | -11.68 | 342.0 | 0.00 | 0 | 0 |
| 21Q3 (8) | 15.96 | -4.49 | 4.79 | 15.24 | 20.95 | 3.67 | 0 | 0 | 0 | 0 | 0 | 0 | 4.89 | 14.79 | 114.47 | 0.06 | 110.0 | 111.54 | 5.28 | 103.08 | 536.14 | 31.81 | 71.15 | 287.82 | 3.16 | -2.77 | 100.0 | 0.27 | -3.57 | -89.45 | 7.98 | 17.18 | 212.94 | 1.1 | 0.0 | 0.0 | 7.11 | 0.0 | 0.0 | 2.37 | 0.0 | 0.0 | 0 | 0 | 0 | 2.74 | 2.24 | 521.54 | 5.12 | 1.19 | 197.67 | 0 | 0 | 0 | 2.74 | 2.24 | 521.54 | 0.00 | 0 | 0 |
| 21Q2 (7) | 16.71 | 5.49 | 13.6 | 12.6 | 3.28 | -15.72 | 0 | 0 | 0 | 0 | 0 | 0 | 4.26 | 10.36 | 150.59 | -0.6 | -113.99 | 17.81 | 2.6 | 26.83 | 42.86 | 18.58 | 3.62 | 0 | 3.25 | 38.89 | 203.74 | 0.28 | 0.0 | -89.06 | 6.81 | 56.55 | 224.29 | 1.1 | 0.0 | 0.0 | 7.11 | 0.0 | 0.0 | 2.37 | 0.0 | 0.0 | 0 | 0 | 0 | 2.68 | -18.54 | 2161.54 | 5.06 | -10.6 | 125.89 | 0 | 0 | 0 | 2.68 | -18.54 | 2161.54 | 0.00 | 0 | 0 |
| 21Q1 (6) | 15.84 | 14.87 | -6.93 | 12.2 | -2.94 | -9.02 | 0 | 0 | 0 | 0 | 0 | 0 | 3.86 | 7.52 | 26.14 | 4.29 | 1291.67 | 10825.0 | 2.05 | 46.43 | -2.84 | 17.94 | 36.18 | 0 | 2.34 | 13.59 | 19.39 | 0.28 | 0.0 | -88.84 | 4.35 | 27.19 | 141.67 | 1.1 | 0.0 | 0.0 | 7.11 | 0.0 | 0.0 | 2.37 | 0.0 | 0.0 | 0 | 0 | 0 | 3.29 | 429.0 | 246.32 | 5.66 | 313.14 | 70.48 | 0 | 0 | 0 | 3.29 | 429.0 | 246.32 | 0.00 | 0 | 0 |
| 20Q4 (5) | 13.79 | -9.46 | -18.6 | 12.57 | -14.49 | -2.33 | 0 | 0 | 0 | 0 | 0 | 0 | 3.59 | 57.46 | 16.56 | -0.36 | 30.77 | 52.0 | 1.4 | 68.67 | -25.93 | 13.17 | 60.58 | 0 | 2.06 | 30.38 | 19.08 | 0.28 | -89.06 | -88.84 | 3.42 | 34.12 | 90.0 | 1.1 | 0.0 | 0.0 | 7.11 | 0.0 | 0.0 | 2.37 | 0.0 | 0.0 | 0 | 0 | 0 | -1.0 | -53.85 | -201.01 | 1.37 | -20.35 | -59.23 | 0 | 0 | 0 | -1.0 | -53.85 | -201.01 | 0.00 | 0 | 0 |
| 20Q3 (4) | 15.23 | 3.54 | 0.0 | 14.7 | -1.67 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 2.28 | 34.12 | 0.0 | -0.52 | 28.77 | 0.0 | 0.83 | -54.4 | 0.0 | 8.20 | 0 | 0.0 | 1.58 | 47.66 | 0.0 | 2.56 | 0.0 | 0.0 | 2.55 | 21.43 | 0.0 | 1.1 | 0.0 | 0.0 | 7.11 | 0.0 | 0.0 | 2.37 | 0.0 | 0.0 | 0 | 0 | 0.0 | -0.65 | -400.0 | 0.0 | 1.72 | -23.21 | 0.0 | 0 | 0 | 0.0 | -0.65 | -400.0 | 0.0 | 0.00 | 0 | 0.0 |
