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) | 8.55 | 26.11 | 0.35 | 0 | 0 | 0 | 0.9 | 0.0 | 54.38 | 26.91 | 2.89 | -3.34 | 18.79 | 44.65 | 34.55 | 13.98 | 9.68 | 25.55 | 1.72 | -5.49 | 0 | 0 | 0.03 | 0.0 | 14.77 | 0.0 | 1.23 | 32.26 | 0.82 | -24.07 | 4.6 | 16.46 | 6.65 | 11.39 | -1.18 | 0 | 3.42 | 9.27 | 0.17 | 9.87 |
| 2022 (9) | 6.78 | 78.89 | 0 | 0 | 0 | 0 | 0.9 | 0.0 | 42.85 | -22.03 | 2.99 | 47.29 | 12.99 | -2.99 | 30.32 | 24.43 | 7.71 | -20.84 | 1.82 | -2.15 | 0 | 0 | 0.03 | 0.0 | 14.77 | 0.0 | 0.93 | 27.4 | 1.08 | 13.68 | 3.95 | 32.11 | 5.97 | 28.11 | -0.82 | 0 | 3.13 | 63.87 | 0.15 | 4.89 |
| 2021 (8) | 3.79 | -73.63 | 0 | 0 | 0 | 0 | 0.9 | -47.98 | 54.96 | -10.14 | 2.03 | 7.98 | 13.39 | -17.35 | 24.36 | -8.02 | 9.74 | 26.49 | 1.86 | -14.68 | 0 | 0 | 0.03 | -25.0 | 14.77 | -9.99 | 0.73 | 35.19 | 0.95 | -9.52 | 2.99 | 2.05 | 4.66 | 3.1 | -1.08 | 0 | 1.91 | -3.54 | 0.14 | 14.21 |
| 2020 (7) | 14.37 | 30.05 | 1.14 | -32.94 | 0 | 0 | 1.73 | 0 | 61.16 | 22.05 | 1.88 | 24.5 | 16.2 | -9.4 | 26.49 | -25.77 | 7.7 | 0.39 | 2.18 | 651.72 | 0 | 0 | 0.04 | 100.0 | 16.41 | 0.0 | 0.54 | 38.46 | 1.05 | 105.88 | 2.93 | -12.28 | 4.52 | 6.6 | -0.95 | 0 | 1.98 | -13.54 | 0.13 | 8.3 |
| 2019 (6) | 11.05 | 85.4 | 1.7 | -2.86 | 0 | 0 | 0 | 0 | 50.11 | 30.94 | 1.51 | 143.55 | 17.88 | 4.75 | 35.68 | -20.0 | 7.67 | -32.54 | 0.29 | -6.45 | 0 | 0 | 0.02 | 0.0 | 16.41 | 0.0 | 0.39 | 21.88 | 0.51 | 30.77 | 3.34 | 36.33 | 4.24 | 34.18 | -1.05 | 0 | 2.29 | 18.04 | 0.12 | 1.81 |
| 2018 (5) | 5.96 | -1.32 | 1.75 | 0 | 0 | 0 | 0 | 0 | 38.27 | 117.32 | 0.62 | -37.37 | 17.07 | 175.32 | 44.60 | 26.69 | 11.37 | 254.21 | 0.31 | -22.5 | 0 | 0 | 0.02 | 0.0 | 16.41 | 13.88 | 0.32 | 39.13 | 0.39 | 387.5 | 2.45 | 10.36 | 3.16 | 24.9 | -0.51 | 0 | 1.94 | 6.01 | 0.11 | 0 |
| 2017 (4) | 6.04 | -41.07 | 0 | 0 | 0 | 0 | 0 | 0 | 17.61 | -12.78 | 0.99 | -1.98 | 6.2 | 21.33 | 35.21 | 39.11 | 3.21 | 58.91 | 0.4 | -11.11 | 0 | 0 | 0.02 | 100.0 | 14.41 | 0.0 | 0.23 | 76.92 | 0.08 | 0 | 2.22 | 53.1 | 2.53 | 60.13 | -0.39 | 0 | 1.83 | 33.58 | 0.00 | 0 |
| 2016 (3) | 10.25 | 32.43 | 0.64 | -61.21 | 0 | 0 | 0 | 0 | 20.19 | -17.79 | 1.01 | 140.48 | 5.11 | -16.37 | 25.31 | 1.74 | 2.02 | -40.59 | 0.45 | -93.79 | 0 | 0 | 0.01 | -50.0 | 14.41 | 0.0 | 0.13 | 62.5 | 0 | 0 | 1.45 | 66.67 | 1.58 | 66.32 | -0.08 | 0 | 1.37 | 0.0 | 0.00 | 0 |
| 2015 (2) | 7.74 | 13.49 | 1.65 | 2.48 | 0.22 | -15.38 | 0 | 0 | 24.56 | 1.28 | 0.42 | -49.4 | 6.11 | -26.83 | 24.88 | -27.75 | 3.4 | -22.55 | 7.25 | 3.57 | 3.2 | -2.14 | 0.02 | -60.0 | 14.41 | 0.0 | 0.08 | 0 | 0 | 0 | 0.87 | 4.82 | 0.95 | 14.46 | 0.5 | 0.0 | 1.37 | 3.01 | 0.11 | 12.4 |
| 2014 (1) | 6.82 | 8.6 | 1.61 | -46.69 | 0.26 | 85.71 | 0 | 0 | 24.25 | 24.87 | 0.83 | 137.14 | 8.35 | 43.22 | 34.43 | 14.7 | 4.39 | 34.25 | 7.0 | 6.54 | 3.27 | 23.4 | 0.05 | -61.54 | 14.41 | -7.15 | 0 | 0 | 0 | 0 | 0.83 | 0 | 0.83 | 0 | 0.5 | 400.0 | 1.33 | 0 | 0.10 | 21.38 |
| 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) | 2.73 | -57.28 | -59.07 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0.9 | 0.0 | 0.0 | 8.97 | -14.24 | -32.81 | 0.52 | -38.1 | -16.13 | 13.99 | -24.99 | -29.02 | 30.24 | -17.89 | -23.08 | 6.73 | -1.9 | -27.32 | 1.46 | 1.39 | -19.34 | 0 | 0 | 0 | 0.06 | 20.0 | 200.0 | 14.77 | 0.0 | 0.0 | 1.52 | 0.0 | 23.58 | 1.18 | 0.0 | 43.9 | 3.68 | 16.83 | -8.0 | 6.38 | 8.87 | 5.45 | -0.23 | 61.02 | 69.33 | 3.45 | 34.77 | 6.15 | 0.18 | 0.07 | 9.31 |
| 24Q2 (19) | 6.39 | -24.91 | -5.75 | 0.35 | 0.0 | 0 | 0 | 0 | 0 | 0.9 | 0.0 | 0.0 | 10.46 | -19.54 | -28.06 | 0.84 | 44.83 | -13.4 | 18.65 | -11.32 | -7.95 | 36.82 | -4.17 | -13.29 | 6.86 | -27.71 | 1.78 | 1.44 | -10.56 | -19.55 | 0 | 0 | 0 | 0.05 | 25.0 | 150.0 | 14.77 | 0.0 | 0.0 | 1.52 | 23.58 | 23.58 | 1.18 | 43.9 | 43.9 | 3.15 | -39.19 | -6.53 | 5.86 | -18.95 | 8.12 | -0.59 | 23.38 | 56.3 | 2.56 | -41.95 | 26.73 | 0.18 | 8.51 | 10.0 |
| 24Q1 (18) | 8.51 | -0.47 | 16.1 | 0.35 | 0.0 | 0 | 0 | 0 | 0 | 0.9 | 0.0 | 0.0 | 13.0 | -6.07 | 2.77 | 0.58 | -3.33 | -17.14 | 21.03 | 11.92 | 36.38 | 38.42 | 11.21 | 11.31 | 9.49 | -1.96 | 41.64 | 1.61 | -6.4 | -11.05 | 0 | 0 | 0 | 0.04 | 33.33 | 33.33 | 14.77 | 0.0 | 0.0 | 1.23 | 0.0 | 32.26 | 0.82 | 0.0 | -24.07 | 5.18 | 12.61 | 11.4 | 7.23 | 8.72 | 8.56 | -0.77 | 34.75 | -5.48 | 4.41 | 28.95 | 12.5 | 0.17 | 0.77 | 10.25 |
| 23Q4 (17) | 8.55 | 28.19 | 26.11 | 0.35 | 0.0 | 0 | 0 | 0 | 0 | 0.9 | 0.0 | 0.0 | 13.84 | 3.67 | 44.17 | 0.6 | -3.23 | 15.38 | 18.79 | -4.67 | 44.65 | 34.55 | -12.1 | 13.95 | 9.68 | 4.54 | 25.55 | 1.72 | -4.97 | -5.49 | 0 | 0 | 0 | 0.03 | 50.0 | 0.0 | 14.77 | 0.0 | 0.0 | 1.23 | 0.0 | 32.26 | 0.82 | 0.0 | -24.07 | 4.6 | 15.0 | 16.46 | 6.65 | 9.92 | 11.39 | -1.18 | -57.33 | -43.9 | 3.42 | 5.23 | 9.27 | 0.17 | -0.11 | 9.87 |
| 23Q3 (16) | 6.67 | -1.62 | -1.19 | 0.35 | 0 | 0 | 0 | 0 | 0 | 0.9 | 0.0 | 0.0 | 13.35 | -8.18 | 22.25 | 0.62 | -36.08 | -38.61 | 19.71 | -2.71 | 37.07 | 39.31 | -7.43 | 24.19 | 9.26 | 37.39 | 32.66 | 1.81 | 1.12 | -4.23 | 0 | 0 | 0 | 0.02 | 0.0 | -33.33 | 14.77 | 0.0 | 0.0 | 1.23 | 0.0 | 32.26 | 0.82 | 0.0 | -24.07 | 4.0 | 18.69 | 16.96 | 6.05 | 11.62 | 11.21 | -0.75 | 44.44 | -36.36 | 3.25 | 60.89 | 13.24 | 0.17 | 0.7 | 9.3 |
| 23Q2 (15) | 6.78 | -7.5 | -22.43 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0.9 | 0.0 | 0.0 | 14.54 | 14.94 | 26.43 | 0.97 | 38.57 | 14.12 | 20.26 | 31.39 | 44.82 | 42.46 | 23.02 | 42.78 | 6.74 | 0.6 | -19.47 | 1.79 | -1.1 | -4.28 | 0 | 0 | 0 | 0.02 | -33.33 | -33.33 | 14.77 | 0.0 | 0.0 | 1.23 | 32.26 | 32.26 | 0.82 | -24.07 | -24.07 | 3.37 | -27.53 | 39.26 | 5.42 | -18.62 | 22.35 | -1.35 | -84.93 | -87.5 | 2.02 | -48.47 | 18.82 | 0.17 | 8.76 | 8.5 |
| 23Q1 (14) | 7.33 | 8.11 | 33.76 | 0 | 0 | 0 | 0 | 0 | 0 | 0.9 | 0.0 | 0.0 | 12.65 | 31.77 | 16.91 | 0.7 | 34.62 | 12.9 | 15.42 | 18.71 | 23.36 | 34.52 | 13.84 | 38.55 | 6.7 | -13.1 | -33.47 | 1.81 | -0.55 | -5.24 | 0 | 0 | 0 | 0.03 | 0.0 | 0.0 | 14.77 | 0.0 | 0.0 | 0.93 | 0.0 | 27.4 | 1.08 | 0.0 | 13.68 | 4.65 | 17.72 | 29.17 | 6.66 | 11.56 | 26.14 | -0.73 | 10.98 | -48.98 | 3.92 | 25.24 | 26.05 | 0.15 | 0.42 | 5.18 |
| 22Q4 (13) | 6.78 | 0.44 | 78.89 | 0 | 0 | 0 | 0 | 0 | 0 | 0.9 | 0.0 | 0.0 | 9.6 | -12.09 | -21.25 | 0.52 | -48.51 | 20.93 | 12.99 | -9.67 | -2.99 | 30.32 | -4.2 | 24.44 | 7.71 | 10.46 | -20.84 | 1.82 | -3.7 | -2.15 | 0 | 0 | 0 | 0.03 | 0.0 | 0.0 | 14.77 | 0.0 | 0.0 | 0.93 | 0.0 | 27.4 | 1.08 | 0.0 | 13.68 | 3.95 | 15.5 | 32.11 | 5.97 | 9.74 | 28.11 | -0.82 | -49.09 | 24.07 | 3.13 | 9.06 | 63.87 | 0.15 | -0.62 | 4.89 |
| 22Q3 (12) | 6.75 | -22.77 | -3.71 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0.9 | 0.0 | -47.98 | 10.92 | -5.04 | -12.85 | 1.01 | 18.82 | 34.67 | 14.38 | 2.79 | 4.35 | 31.65 | 6.43 | 37.66 | 6.98 | -16.61 | -20.77 | 1.89 | 1.07 | -5.03 | 0 | 0 | 0 | 0.03 | 0.0 | 0.0 | 14.77 | 0.0 | -9.99 | 0.93 | 0.0 | 27.4 | 1.08 | 0.0 | 13.68 | 3.42 | 41.32 | 33.59 | 5.44 | 22.8 | 28.3 | -0.55 | 23.61 | 54.17 | 2.87 | 68.82 | 111.03 | 0.15 | -0.04 | 13.1 |
| 22Q2 (11) | 8.74 | 59.49 | -14.57 | 1.77 | 0 | 276.6 | 0 | 0 | 0 | 0.9 | 0.0 | -47.98 | 11.5 | 6.28 | -21.39 | 0.85 | 37.1 | 80.85 | 13.99 | 11.92 | -15.16 | 29.74 | 19.37 | 18.94 | 8.37 | -16.88 | -10.96 | 1.87 | -2.09 | -10.1 | 0 | 0 | 0 | 0.03 | 0.0 | 0.0 | 14.77 | 0.0 | -9.99 | 0.93 | 27.4 | 27.4 | 1.08 | 13.68 | 13.68 | 2.42 | -32.78 | 33.7 | 4.43 | -16.1 | 27.3 | -0.72 | -46.94 | 38.98 | 1.7 | -45.34 | 169.84 | 0.15 | 5.44 | 13.58 |
| 22Q1 (10) | 5.48 | 44.59 | -48.35 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0.9 | 0.0 | -47.98 | 10.82 | -11.24 | -30.64 | 0.62 | 44.19 | 63.16 | 12.5 | -6.65 | -33.83 | 24.92 | 2.25 | -12.68 | 10.07 | 3.39 | 23.26 | 1.91 | 2.69 | -11.98 | 0 | 0 | 0 | 0.03 | 0.0 | 0.0 | 14.77 | 0.0 | -9.99 | 0.73 | 0.0 | 35.19 | 0.95 | 0.0 | -9.52 | 3.6 | 20.4 | 8.43 | 5.28 | 13.3 | 7.76 | -0.49 | 54.63 | 53.77 | 3.11 | 62.83 | 37.61 | 0.14 | 0.14 | 15.23 |
| 21Q4 (9) | 3.79 | -45.93 | -73.63 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0.9 | -47.98 | -47.98 | 12.19 | -2.71 | -29.0 | 0.43 | -42.67 | 207.14 | 13.39 | -2.83 | -17.35 | 24.37 | 5.98 | -8.0 | 9.74 | 10.56 | 26.49 | 1.86 | -6.53 | -14.68 | 0 | 0 | 0 | 0.03 | 0.0 | -25.0 | 14.77 | -9.99 | -9.99 | 0.73 | 0.0 | 35.19 | 0.95 | 0.0 | -9.52 | 2.99 | 16.8 | 2.05 | 4.66 | 9.91 | 3.1 | -1.08 | 10.0 | -13.68 | 1.91 | 40.44 | -3.54 | 0.14 | 7.16 | 14.21 |
| 21Q3 (8) | 7.01 | -31.48 | -34.36 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 1.73 | 0.0 | 0 | 12.53 | -14.35 | -32.45 | 0.75 | 59.57 | 50.0 | 13.78 | -16.43 | -27.66 | 22.99 | -8.04 | -29.74 | 8.81 | -6.28 | 20.03 | 1.99 | -4.33 | 0.51 | 0 | 0 | 0 | 0.03 | 0.0 | 50.0 | 16.41 | 0.0 | 0.0 | 0.73 | 0.0 | 35.19 | 0.95 | 0.0 | -9.52 | 2.56 | 41.44 | -7.91 | 4.24 | 21.84 | -2.97 | -1.2 | -1.69 | 2.44 | 1.36 | 115.87 | -12.26 | 0.13 | 0.38 | 6.24 |
| 21Q2 (7) | 10.23 | -3.58 | 15.86 | 0.47 | -58.77 | -6.0 | 0 | 0 | 0 | 1.73 | 0.0 | 0 | 14.63 | -6.22 | -1.68 | 0.47 | 23.68 | -26.56 | 16.49 | -12.71 | -1.85 | 25.00 | -12.37 | 0 | 9.4 | 15.06 | 34.67 | 2.08 | -4.15 | 642.86 | 0 | 0 | 0 | 0.03 | 0.0 | 50.0 | 16.41 | 0.0 | 0.0 | 0.73 | 35.19 | 35.19 | 0.95 | -9.52 | -9.52 | 1.81 | -45.48 | -19.56 | 3.48 | -28.98 | -9.14 | -1.18 | -11.32 | 16.9 | 0.63 | -72.12 | -24.1 | 0.13 | 6.98 | 8.34 |
| 21Q1 (6) | 10.61 | -26.17 | -10.92 | 1.14 | 0.0 | -22.45 | 0 | 0 | 0 | 1.73 | 0.0 | 0 | 15.6 | -9.14 | 47.73 | 0.38 | 171.43 | -35.59 | 18.89 | 16.6 | 43.43 | 28.53 | 7.73 | 0 | 8.17 | 6.1 | 15.07 | 2.17 | -0.46 | 675.0 | 0 | 0 | 0 | 0.03 | -25.0 | 50.0 | 16.41 | 0.0 | 0.0 | 0.54 | 0.0 | 38.46 | 1.05 | 0.0 | 105.88 | 3.32 | 13.31 | -15.74 | 4.9 | 8.41 | 1.45 | -1.06 | -11.58 | 9.4 | 2.26 | 14.14 | -18.41 | 0.13 | -0.75 | 8.18 |
| 20Q4 (5) | 14.37 | 34.55 | 30.05 | 1.14 | -54.4 | -32.94 | 0 | 0 | 0 | 1.73 | 0 | 0 | 17.17 | -7.44 | 20.75 | 0.14 | -72.0 | -75.86 | 16.2 | -14.96 | -9.4 | 26.49 | -19.06 | 0 | 7.7 | 4.9 | 0.39 | 2.18 | 10.1 | 651.72 | 0 | 0 | 0 | 0.04 | 100.0 | 100.0 | 16.41 | 0.0 | 0.0 | 0.54 | 0.0 | 38.46 | 1.05 | 0.0 | 105.88 | 2.93 | 5.4 | -12.28 | 4.52 | 3.43 | 6.6 | -0.95 | 22.76 | 9.52 | 1.98 | 27.74 | -13.54 | 0.13 | -0.32 | 8.3 |
| 20Q3 (4) | 10.68 | 20.95 | 0.0 | 2.5 | 400.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 18.55 | 24.66 | 0.0 | 0.5 | -21.88 | 0.0 | 19.05 | 13.39 | 0.0 | 32.73 | 0 | 0.0 | 7.34 | 5.16 | 0.0 | 1.98 | 607.14 | 0.0 | 0 | 0 | 0.0 | 0.02 | 0.0 | 0.0 | 16.41 | 0.0 | 0.0 | 0.54 | 0.0 | 0.0 | 1.05 | 0.0 | 0.0 | 2.78 | 23.56 | 0.0 | 4.37 | 14.1 | 0.0 | -1.23 | 13.38 | 0.0 | 1.55 | 86.75 | 0.0 | 0.13 | 2.37 | 0.0 |
