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) | 9.26 | -5.7 | 0.14 | -96.26 | 0.02 | -71.43 | 0 | 0 | 15.31 | -12.31 | 0.62 | -78.55 | 2.06 | -61.21 | 13.46 | -55.76 | 5.69 | -23.83 | 0.24 | -4.0 | 0 | 0 | 0.02 | 0.0 | 10.27 | 0.0 | 5.47 | 5.8 | 0 | 0 | 6.3 | -15.78 | 11.78 | -6.95 | 0 | 0 | 6.3 | -15.78 | 0.00 | 5.24 |
| 2022 (9) | 9.82 | -18.91 | 3.74 | -24.29 | 0.07 | 0.0 | 0 | 0 | 17.46 | 2.28 | 2.89 | 133.06 | 5.31 | 20.96 | 30.41 | 18.25 | 7.47 | 12.5 | 0.25 | -3.85 | 0.02 | -77.78 | 0.02 | -66.67 | 10.27 | 0.0 | 5.17 | 2.38 | 0.01 | 0.0 | 7.48 | 32.62 | 12.66 | 18.32 | 0 | 0 | 7.48 | 32.86 | 0.00 | -10.55 |
| 2021 (8) | 12.11 | 11.92 | 4.94 | 111.11 | 0.07 | -12.5 | 0 | 0 | 17.07 | 45.15 | 1.24 | 0 | 4.39 | 71.48 | 25.72 | 18.14 | 6.64 | 86.52 | 0.26 | -31.58 | 0.09 | -50.0 | 0.06 | -25.0 | 10.27 | 0.0 | 5.05 | 0.0 | 0.01 | 0.0 | 5.64 | 4.25 | 10.7 | 2.29 | -0.01 | 0 | 5.63 | 4.26 | 0.00 | -0.86 |
| 2020 (7) | 10.82 | -23.26 | 2.34 | -29.52 | 0.08 | 0.0 | 0 | 0 | 11.76 | -34.74 | -0.29 | 0 | 2.56 | -24.26 | 21.77 | 16.06 | 3.56 | -4.56 | 0.38 | 0.0 | 0.18 | -30.77 | 0.08 | -27.27 | 10.27 | 0.0 | 5.05 | 4.12 | 0.01 | 0 | 5.41 | -27.09 | 10.46 | -14.75 | -0.01 | 0 | 5.4 | -27.13 | 0.00 | 9.26 |
| 2019 (6) | 14.1 | -13.6 | 3.32 | -44.48 | 0.08 | -80.49 | 0 | 0 | 18.02 | -13.03 | 1.94 | -34.68 | 3.38 | 0.6 | 18.76 | 15.67 | 3.73 | -10.12 | 0.38 | 0.0 | 0.26 | 0 | 0.11 | 1000.0 | 10.27 | 0.0 | 4.85 | 6.36 | 0 | 0 | 7.42 | -4.38 | 12.27 | -0.41 | -0.01 | 0 | 7.41 | -4.51 | 0.00 | -0.26 |
| 2018 (5) | 16.32 | 15.42 | 5.98 | -11.54 | 0.41 | 720.0 | 0 | 0 | 20.72 | -6.33 | 2.97 | 67.8 | 3.36 | -20.19 | 16.22 | -14.8 | 4.15 | 18.23 | 0.38 | 0.0 | 0 | 0 | 0.01 | -75.0 | 10.27 | -0.48 | 4.56 | 4.11 | 0 | 0 | 7.76 | 20.87 | 12.32 | 13.97 | 0 | 0 | 7.76 | 20.87 | 0.00 | -7.53 |
| 2017 (4) | 14.14 | 58.88 | 6.76 | 428.12 | 0.05 | 0.0 | 0 | 0 | 22.12 | 12.0 | 1.77 | -17.67 | 4.21 | 2.68 | 19.03 | -8.32 | 3.51 | 17.0 | 0.38 | 0.0 | 0.39 | -15.22 | 0.04 | -50.0 | 10.32 | -0.96 | 4.38 | 5.04 | 0 | 0 | 6.42 | -2.87 | 10.81 | 0.28 | 0 | 0 | 6.42 | -3.02 | 0.00 | -4.66 |
| 2016 (3) | 8.9 | 5.2 | 1.28 | 611.11 | 0.05 | 0.0 | 0 | 0 | 19.75 | -14.35 | 2.15 | -48.69 | 4.1 | -20.23 | 20.76 | -6.86 | 3.0 | -9.64 | 0.38 | -2.56 | 0.46 | -8.0 | 0.08 | 33.33 | 10.42 | 0.0 | 4.17 | 11.2 | 0 | 0 | 6.61 | -20.93 | 10.78 | -10.98 | 0.01 | -66.67 | 6.62 | -21.1 | 0.00 | 0 |
| 2015 (2) | 8.46 | -14.72 | 0.18 | 5.88 | 0.05 | 0.0 | 0 | 0 | 23.06 | -14.69 | 4.19 | -28.62 | 5.14 | 19.26 | 22.29 | 39.79 | 3.32 | -14.21 | 0.39 | 0.0 | 0.5 | -5.66 | 0.06 | -14.29 | 10.42 | 0.0 | 3.75 | 18.67 | 0 | 0 | 8.36 | -5.11 | 12.11 | 0.58 | 0.03 | -25.0 | 8.39 | -5.2 | 0.00 | 0 |
| 2014 (1) | 9.92 | 58.47 | 0.17 | -45.16 | 0.05 | 66.67 | 0 | 0 | 27.03 | 18.29 | 5.87 | 1.91 | 4.31 | 50.17 | 15.95 | 26.95 | 3.87 | -10.21 | 0.39 | -2.5 | 0.53 | -14.52 | 0.07 | -70.83 | 10.42 | 0.0 | 3.16 | 22.48 | 0.07 | 0.0 | 8.81 | 15.92 | 12.04 | 17.46 | 0.04 | 0 | 8.85 | 16.45 | 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) | 8.86 | 7.79 | 16.43 | 0 | 0 | -100.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 4.84 | -2.02 | 31.88 | 0.53 | -13.11 | -1.85 | 2.98 | -13.37 | -32.88 | 16.98 | -19.15 | -40.11 | 5.42 | 1.31 | -8.14 | 0.24 | 9.09 | 0.0 | 0 | 0 | 0 | 0.01 | 0.0 | -50.0 | 10.27 | 0.0 | 0.0 | 5.53 | 0.0 | 1.1 | 0 | 0 | 0 | 6.72 | 8.56 | -3.45 | 12.26 | 4.52 | -1.37 | 0 | 0 | 0 | 6.72 | 8.56 | -3.45 | 0.00 | -2.4 | 2.63 |
| 24Q2 (19) | 8.22 | 48.91 | 2.37 | 0 | -100.0 | -100.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 4.94 | 38.38 | 31.03 | 0.61 | 74.29 | 41.86 | 3.44 | 47.64 | -10.88 | 21.00 | 37.09 | -11.42 | 5.35 | -5.31 | -16.14 | 0.22 | -4.35 | -4.35 | 0 | 0 | 0 | 0.01 | 0.0 | -50.0 | 10.27 | 0.0 | 0.0 | 5.53 | 1.1 | 1.1 | 0 | 0 | 0 | 6.19 | -6.92 | -3.73 | 11.73 | -3.22 | -1.43 | 0 | 0 | 0 | 6.19 | -6.92 | -3.73 | 0.00 | 4.13 | 2.65 |
| 24Q1 (18) | 5.52 | -40.39 | -33.33 | 0.14 | 0.0 | -90.34 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 3.57 | -15.0 | -2.72 | 0.35 | 152.24 | 9.38 | 2.33 | 13.11 | -42.89 | 15.32 | 13.85 | -39.51 | 5.65 | -0.7 | -22.71 | 0.23 | -4.17 | -8.0 | 0 | 0 | 0 | 0.01 | -50.0 | -50.0 | 10.27 | 0.0 | 0.0 | 5.47 | 0.0 | 5.8 | 0 | 0 | -100.0 | 6.65 | 5.56 | -14.74 | 12.12 | 2.89 | -6.63 | 0 | 0 | 0 | 6.65 | 5.56 | -14.74 | 0.00 | -0.4 | 4.99 |
| 23Q4 (17) | 9.26 | 21.68 | -5.7 | 0.14 | 0.0 | -96.26 | 0.02 | -33.33 | -71.43 | 0 | 0 | 0 | 4.2 | 14.44 | -7.69 | -0.67 | -224.07 | -316.13 | 2.06 | -53.6 | -61.21 | 13.46 | -52.54 | -55.73 | 5.69 | -3.56 | -23.83 | 0.24 | 0.0 | -4.0 | 0 | 0 | -100.0 | 0.02 | 0.0 | 0.0 | 10.27 | 0.0 | 0.0 | 5.47 | 0.0 | 5.8 | 0 | 0 | -100.0 | 6.3 | -9.48 | -15.78 | 11.78 | -5.23 | -6.95 | 0 | 0 | 0 | 6.3 | -9.48 | -15.78 | 0.00 | 1.39 | 5.24 |
| 23Q3 (16) | 7.61 | -5.23 | -12.83 | 0.14 | 0.0 | -96.25 | 0.03 | -40.0 | -50.0 | 0 | 0 | 0 | 3.67 | -2.65 | -14.45 | 0.54 | 25.58 | -47.06 | 4.44 | 15.03 | -22.78 | 28.35 | 19.58 | -10.11 | 5.9 | -7.52 | -27.61 | 0.24 | 4.35 | 4.35 | 0 | 0 | -100.0 | 0.02 | 0.0 | 0.0 | 10.27 | 0.0 | 0.0 | 5.47 | 0.0 | 5.8 | 0 | 0 | -100.0 | 6.96 | 8.24 | -1.97 | 12.43 | 4.45 | 1.22 | 0 | 0 | 0 | 6.96 | 8.24 | -1.97 | 0.00 | -2.38 | -0.13 |
| 23Q2 (15) | 8.03 | -3.02 | -26.47 | 0.14 | -90.34 | -97.64 | 0.05 | -28.57 | -16.67 | 0 | 0 | 0 | 3.77 | 2.72 | 4.72 | 0.43 | 34.38 | -33.85 | 3.86 | -5.39 | -31.8 | 23.71 | -6.38 | -22.17 | 6.38 | -12.72 | -14.71 | 0.23 | -8.0 | 0.0 | 0 | 0 | -100.0 | 0.02 | 0.0 | -33.33 | 10.27 | 0.0 | 0.0 | 5.47 | 5.8 | 5.8 | 0 | -100.0 | -100.0 | 6.43 | -17.56 | 5.93 | 11.9 | -8.32 | 5.68 | 0 | 0 | 0 | 6.43 | -17.56 | 5.93 | 0.00 | 6.51 | -2.35 |
| 23Q1 (14) | 8.28 | -15.68 | -14.81 | 1.45 | -61.23 | -70.53 | 0.07 | 0.0 | 0.0 | 0 | 0 | 0 | 3.67 | -19.34 | -27.04 | 0.32 | 3.23 | -64.44 | 4.08 | -23.16 | -32.11 | 25.33 | -16.68 | -19.6 | 7.31 | -2.14 | 1.53 | 0.25 | 0.0 | 0.0 | 0 | -100.0 | -100.0 | 0.02 | 0.0 | -50.0 | 10.27 | 0.0 | 0.0 | 5.17 | 0.0 | 2.38 | 0.01 | 0.0 | 0.0 | 7.8 | 4.28 | 19.08 | 12.98 | 2.53 | 11.9 | 0 | 0 | 100.0 | 7.8 | 4.28 | 19.27 | 0.00 | -0.17 | -6.88 |
| 22Q4 (13) | 9.82 | 12.49 | -18.91 | 3.74 | 0.27 | -24.29 | 0.07 | 16.67 | 0.0 | 0 | 0 | 0 | 4.55 | 6.06 | -14.31 | 0.31 | -69.61 | -18.42 | 5.31 | -7.65 | 20.96 | 30.39 | -3.63 | 18.19 | 7.47 | -8.34 | 12.5 | 0.25 | 8.7 | -3.85 | 0.02 | -33.33 | -77.78 | 0.02 | 0.0 | -66.67 | 10.27 | 0.0 | 0.0 | 5.17 | 0.0 | 2.38 | 0.01 | 0.0 | 0.0 | 7.48 | 5.35 | 32.62 | 12.66 | 3.09 | 18.32 | 0 | 0 | 100.0 | 7.48 | 5.35 | 32.86 | 0.00 | -3.79 | -10.55 |
| 22Q3 (12) | 8.73 | -20.05 | -11.19 | 3.73 | -37.21 | -7.67 | 0.06 | 0.0 | -14.29 | 0 | 0 | 0 | 4.29 | 19.17 | -7.54 | 1.02 | 56.92 | 161.54 | 5.75 | 1.59 | 24.73 | 31.54 | 3.54 | -2.37 | 8.15 | 8.96 | 34.93 | 0.23 | 0.0 | -14.81 | 0.03 | -40.0 | -72.73 | 0.02 | -33.33 | -71.43 | 10.27 | 0.0 | 0.0 | 5.17 | 0.0 | 2.38 | 0.01 | 0.0 | 0.0 | 7.1 | 16.97 | 34.98 | 12.28 | 9.06 | 19.11 | 0 | 0 | 100.0 | 7.1 | 16.97 | 35.24 | 0.00 | -4.55 | -11.36 |
| 22Q2 (11) | 10.92 | 12.35 | 37.36 | 5.94 | 20.73 | 671.43 | 0.06 | -14.29 | -14.29 | 0 | 0 | 0 | 3.6 | -28.43 | -12.2 | 0.65 | -27.78 | 85.71 | 5.66 | -5.82 | 48.56 | 30.46 | -3.29 | -3.41 | 7.48 | 3.89 | 66.22 | 0.23 | -8.0 | -37.84 | 0.05 | -28.57 | -61.54 | 0.03 | -25.0 | -62.5 | 10.27 | 0.0 | 0.0 | 5.17 | 2.38 | 2.38 | 0.01 | 0.0 | 0.0 | 6.07 | -7.33 | 24.9 | 11.26 | -2.93 | 13.51 | 0 | 100.0 | 100.0 | 6.07 | -7.19 | 25.15 | 0.00 | 1.57 | -8.99 |
| 22Q1 (10) | 9.72 | -19.74 | 17.82 | 4.92 | -0.4 | 2794.12 | 0.07 | 0.0 | 0.0 | 0 | 0 | 0 | 5.03 | -5.27 | 66.56 | 0.9 | 136.84 | 800.0 | 6.01 | 36.9 | 107.24 | 31.50 | 22.48 | 20.89 | 7.2 | 8.43 | 90.98 | 0.25 | -3.85 | -34.21 | 0.07 | -22.22 | -53.33 | 0.04 | -33.33 | -42.86 | 10.27 | 0.0 | 0.0 | 5.05 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 6.55 | 16.13 | 18.87 | 11.6 | 8.41 | 9.74 | -0.01 | 0.0 | 0.0 | 6.54 | 16.16 | 18.91 | 0.00 | -4.1 | -6.11 |
| 21Q4 (9) | 12.11 | 23.19 | 11.92 | 4.94 | 22.28 | 111.11 | 0.07 | 0.0 | -12.5 | 0 | 0 | 0 | 5.31 | 14.44 | 111.55 | 0.38 | -2.56 | 177.55 | 4.39 | -4.77 | 71.48 | 25.72 | -20.39 | 18.04 | 6.64 | 9.93 | 86.52 | 0.26 | -3.7 | -31.58 | 0.09 | -18.18 | -50.0 | 0.06 | -14.29 | -25.0 | 10.27 | 0.0 | 0.0 | 5.05 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 5.64 | 7.22 | 4.25 | 10.7 | 3.78 | 2.29 | -0.01 | 0.0 | 0.0 | 5.63 | 7.24 | 4.26 | 0.00 | -4.66 | -0.86 |
| 21Q3 (8) | 9.83 | 23.65 | -36.33 | 4.04 | 424.68 | -41.11 | 0.07 | 0.0 | -12.5 | 0 | 0 | 0 | 4.64 | 13.17 | 89.39 | 0.39 | 11.43 | 295.0 | 4.61 | 21.0 | 116.43 | 32.31 | 2.43 | 117.34 | 6.04 | 34.22 | 61.07 | 0.27 | -27.03 | -28.95 | 0.11 | -15.38 | -45.0 | 0.07 | -12.5 | -22.22 | 10.27 | 0.0 | 0.0 | 5.05 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 5.26 | 8.23 | -11.0 | 10.31 | 3.93 | -6.02 | -0.01 | 0.0 | 0.0 | 5.25 | 8.25 | -11.02 | 0.00 | -2.0 | 4.09 |
| 21Q2 (7) | 7.95 | -3.64 | -52.71 | 0.77 | 352.94 | -87.74 | 0.07 | 0.0 | -12.5 | 0 | 0 | 0 | 4.1 | 35.76 | 30.16 | 0.35 | 250.0 | 800.0 | 3.81 | 31.38 | 64.22 | 31.54 | 21.05 | 0 | 4.5 | 19.36 | 14.21 | 0.37 | -2.63 | -2.63 | 0.13 | -13.33 | -40.91 | 0.08 | 14.29 | -20.0 | 10.27 | 0.0 | 0.0 | 5.05 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 4.86 | -11.8 | -20.46 | 9.92 | -6.15 | -11.11 | -0.01 | 0.0 | 0.0 | 4.85 | -11.82 | -20.49 | 0.00 | 4.78 | 7.23 |
| 21Q1 (6) | 8.25 | -23.75 | -46.77 | 0.17 | -92.74 | -96.64 | 0.07 | -12.5 | -12.5 | 0 | 0 | 0 | 3.02 | 20.32 | -17.03 | 0.1 | 120.41 | -77.78 | 2.9 | 13.28 | 12.84 | 26.06 | 19.59 | 0 | 3.77 | 5.9 | 1.62 | 0.38 | 0.0 | 0.0 | 0.15 | -16.67 | -37.5 | 0.07 | -12.5 | -30.0 | 10.27 | 0.0 | 0.0 | 5.05 | 0.0 | 4.12 | 0.01 | 0.0 | 0 | 5.51 | 1.85 | -29.99 | 10.57 | 1.05 | -16.97 | -0.01 | 0.0 | 0.0 | 5.5 | 1.85 | -30.03 | 0.00 | 1.26 | 10.88 |
| 20Q4 (5) | 10.82 | -29.92 | -23.26 | 2.34 | -65.89 | -29.52 | 0.08 | 0.0 | 0.0 | 0 | 0 | 0 | 2.51 | 2.45 | -50.69 | -0.49 | -145.0 | -244.12 | 2.56 | 20.19 | -24.26 | 21.79 | 46.58 | 0 | 3.56 | -5.07 | -4.56 | 0.38 | 0.0 | 0.0 | 0.18 | -10.0 | -30.77 | 0.08 | -11.11 | -27.27 | 10.27 | 0.0 | 0.0 | 5.05 | 0.0 | 4.12 | 0.01 | 0.0 | 0 | 5.41 | -8.46 | -27.09 | 10.46 | -4.65 | -14.75 | -0.01 | 0.0 | 0.0 | 5.4 | -8.47 | -27.13 | 0.00 | 0.1 | 9.26 |
| 20Q3 (4) | 15.44 | -8.15 | 0.0 | 6.86 | 9.24 | 0.0 | 0.08 | 0.0 | 0.0 | 0 | 0 | 0.0 | 2.45 | -22.22 | 0.0 | -0.2 | -300.0 | 0.0 | 2.13 | -8.19 | 0.0 | 14.86 | 0 | 0.0 | 3.75 | -4.82 | 0.0 | 0.38 | 0.0 | 0.0 | 0.2 | -9.09 | 0.0 | 0.09 | -10.0 | 0.0 | 10.27 | 0.0 | 0.0 | 5.05 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 5.91 | -3.27 | 0.0 | 10.97 | -1.7 | 0.0 | -0.01 | 0.0 | 0.0 | 5.9 | -3.28 | 0.0 | 0.00 | 0.96 | 0.0 |
