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) | 7.14 | 8.68 | 6.86 | 0.15 | 1.4 | 0 | 0 | 0 | 37.02 | -3.17 | 2.71 | 54.86 | 9.26 | -4.73 | 25.01 | -1.62 | 10.39 | -12.62 | 3.51 | 50.0 | 0.6 | -72.73 | 0.27 | 3.85 | 4.16 | 0.0 | 2.57 | 6.64 | 0 | 0 | 6.77 | 33.27 | 9.34 | 24.87 | 2.58 | 53.57 | 9.35 | 38.31 | 0.40 | -8.06 |
| 2022 (9) | 6.57 | 22.35 | 6.85 | 38.1 | 0 | 0 | 0 | 0 | 38.23 | 22.49 | 1.75 | -8.38 | 9.72 | 11.6 | 25.43 | -8.9 | 11.89 | 57.9 | 2.34 | 21.88 | 2.2 | 450.0 | 0.26 | 36.84 | 4.16 | 0.0 | 2.41 | 9.05 | 0 | 0 | 5.08 | 3.04 | 7.48 | 4.76 | 1.68 | -33.33 | 6.76 | -9.26 | 0.43 | 4.94 |
| 2021 (8) | 5.37 | 15.73 | 4.96 | 52.15 | 1.0 | 0 | 0 | 0 | 31.21 | 13.37 | 1.91 | 56.56 | 8.71 | 27.9 | 27.91 | 12.82 | 7.53 | 45.09 | 1.92 | -3.03 | 0.4 | -73.33 | 0.19 | 0.0 | 4.16 | 0.0 | 2.21 | 5.74 | 0 | 0 | 4.93 | 20.83 | 7.14 | 15.72 | 2.52 | -11.27 | 7.45 | 7.66 | 0.41 | -0.9 |
| 2020 (7) | 4.64 | 36.47 | 3.26 | 8.67 | 0 | 0 | 0 | 0 | 27.53 | 10.21 | 1.22 | -35.79 | 6.81 | 3.65 | 24.74 | -5.95 | 5.19 | 19.04 | 1.98 | 7.03 | 1.5 | 275.0 | 0.19 | 0.0 | 4.16 | -6.09 | 2.09 | 10.0 | 0 | 0 | 4.08 | -3.09 | 6.17 | 0.98 | 2.84 | 61.36 | 6.92 | 15.91 | 0.42 | -0.77 |
| 2019 (6) | 3.4 | 55.96 | 3.0 | 6.76 | 1.1 | 0 | 0 | 0 | 24.98 | 4.3 | 1.9 | 71.17 | 6.57 | -1.05 | 26.30 | -5.13 | 4.36 | 3.32 | 1.85 | -10.19 | 0.4 | -76.47 | 0.19 | 0.0 | 4.43 | 0.0 | 1.9 | 6.15 | 0 | 0 | 4.21 | 33.65 | 6.11 | 22.69 | 1.76 | -0.56 | 5.97 | 21.34 | 0.42 | -3.17 |
| 2018 (5) | 2.18 | -33.94 | 2.81 | 21.65 | 0 | 0 | 0 | 0 | 23.95 | 6.97 | 1.11 | 37.04 | 6.64 | 13.12 | 27.72 | 5.75 | 4.22 | 39.74 | 2.06 | 82.3 | 1.7 | 70.0 | 0.19 | -5.0 | 4.43 | 0.0 | 1.79 | 4.68 | 0.04 | 0 | 3.15 | 10.53 | 4.98 | 9.45 | 1.77 | 0 | 4.92 | 75.09 | 0.43 | -11.28 |
| 2017 (4) | 3.3 | -23.61 | 2.31 | 145.74 | 0.4 | -20.0 | 0 | 0 | 22.39 | 4.72 | 0.81 | -37.69 | 5.87 | 2.26 | 26.22 | -2.35 | 3.02 | -15.64 | 1.13 | 3.67 | 1.0 | -50.0 | 0.2 | -23.08 | 4.43 | 0.0 | 1.71 | 8.23 | 0 | 0 | 2.85 | -6.56 | 4.55 | -1.52 | -0.04 | 0 | 2.81 | -7.87 | 0.49 | 1.79 |
| 2016 (3) | 4.32 | -10.93 | 0.94 | 11.9 | 0.5 | 0.0 | 0 | 0 | 21.38 | -5.86 | 1.3 | -5.8 | 5.74 | 27.27 | 26.85 | 35.19 | 3.58 | -4.28 | 1.09 | 3.81 | 2.0 | -13.04 | 0.26 | -13.33 | 4.43 | 0.0 | 1.58 | 9.72 | 0 | 0 | 3.05 | 5.9 | 4.62 | 6.94 | 0 | 0 | 3.05 | 4.45 | 0.48 | -3.27 |
| 2015 (2) | 4.85 | -3.39 | 0.84 | -57.14 | 0.5 | 0 | 0 | 0 | 22.71 | 24.44 | 1.38 | 36.63 | 4.51 | 1.58 | 19.86 | -18.37 | 3.74 | -33.81 | 1.05 | -7.89 | 2.3 | -23.33 | 0.3 | 42.86 | 4.43 | 7.0 | 1.44 | 7.46 | 0 | 0 | 2.88 | 13.83 | 4.32 | 11.63 | 0.04 | -20.0 | 2.92 | 13.18 | 0.50 | -3.58 |
| 2014 (1) | 5.02 | -1.57 | 1.96 | -15.15 | 0 | 0 | 0 | 0 | 18.25 | -4.0 | 1.01 | -15.83 | 4.44 | 29.07 | 24.33 | 34.44 | 5.65 | 18.2 | 1.14 | 7.55 | 3.0 | 12.36 | 0.21 | 0.0 | 4.14 | 0.0 | 1.34 | 9.84 | 0 | 0 | 2.53 | -4.17 | 3.87 | 0.52 | 0.05 | 400.0 | 2.58 | -2.64 | 0.51 | 0.2 |
| 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) | 7.49 | 5.05 | 35.69 | 5.19 | -16.43 | -35.12 | 0.4 | -55.56 | -20.0 | 0 | 0 | 0 | 11.37 | 4.12 | 16.38 | 0.15 | -85.15 | -82.35 | 8.89 | -2.52 | -4.92 | 20.57 | -6.13 | -19.33 | 9.27 | -2.32 | -0.11 | 3.89 | 8.06 | 22.33 | 1.1 | 0.0 | -26.67 | 0.27 | 3.85 | 0.0 | 4.37 | 0.0 | 5.05 | 2.87 | 0.0 | 11.67 | 0 | 0 | 0 | 6.64 | 2.31 | 20.29 | 9.51 | 1.6 | 17.55 | 4.33 | -2.91 | 79.67 | 10.97 | 0.18 | 38.34 | 0.37 | 2.45 | -9.08 |
| 24Q2 (19) | 7.13 | 6.1 | 34.27 | 6.21 | -15.28 | -32.72 | 0.9 | 0.0 | 28.57 | 0 | 0 | 0 | 10.92 | 4.2 | 26.68 | 1.01 | 236.67 | 288.46 | 9.12 | -2.04 | 16.33 | 21.91 | -7.45 | 2.49 | 9.49 | 3.04 | 3.49 | 3.6 | 2.86 | 65.14 | 1.1 | 0.0 | -26.67 | 0.26 | -3.7 | 4.0 | 4.37 | 5.05 | 5.05 | 2.87 | 11.67 | 11.67 | 0 | 0 | 0 | 6.49 | 8.35 | 42.64 | 9.36 | 9.35 | 31.46 | 4.46 | 40.69 | 92.24 | 10.95 | 19.54 | 59.39 | 0.36 | -11.18 | -12.42 |
| 24Q1 (18) | 6.72 | -5.88 | 4.84 | 7.33 | 6.85 | 2.09 | 0.9 | -35.71 | 28.57 | 0 | 0 | 0 | 10.48 | 0.29 | 27.96 | 0.3 | -71.7 | -44.44 | 9.31 | 0.54 | 21.7 | 23.68 | -5.32 | 16.53 | 9.21 | -11.36 | -15.5 | 3.5 | -0.28 | 60.55 | 1.1 | 83.33 | -26.67 | 0.27 | 0.0 | 8.0 | 4.16 | 0.0 | 0.0 | 2.57 | 0.0 | 6.64 | 0 | 0 | 0 | 5.99 | -11.52 | 34.3 | 8.56 | -8.35 | 24.78 | 3.17 | 22.87 | 64.25 | 9.16 | -2.03 | 43.35 | 0.41 | 3.09 | -9.22 |
| 23Q4 (17) | 7.14 | 29.35 | 8.68 | 6.86 | -14.25 | 0.15 | 1.4 | 180.0 | 0 | 0 | 0 | 0 | 10.45 | 6.96 | 3.57 | 1.06 | 24.71 | 381.82 | 9.26 | -0.96 | -4.73 | 25.01 | -1.93 | -1.65 | 10.39 | 11.96 | -12.62 | 3.51 | 10.38 | 50.0 | 0.6 | -60.0 | -72.73 | 0.27 | 0.0 | 3.85 | 4.16 | 0.0 | 0.0 | 2.57 | 0.0 | 6.64 | 0 | 0 | 0 | 6.77 | 22.64 | 33.27 | 9.34 | 15.45 | 24.87 | 2.58 | 7.05 | 53.57 | 9.35 | 17.91 | 38.31 | 0.40 | -3.08 | -8.06 |
| 23Q3 (16) | 5.52 | 3.95 | -4.66 | 8.0 | -13.33 | 24.61 | 0.5 | -28.57 | 66.67 | 0 | 0 | 0 | 9.77 | 13.34 | 0.0 | 0.85 | 226.92 | 165.62 | 9.35 | 19.26 | -3.91 | 25.50 | 19.26 | -3.46 | 9.28 | 1.2 | -12.2 | 3.18 | 45.87 | 50.0 | 1.5 | 0.0 | 15.38 | 0.27 | 8.0 | 28.57 | 4.16 | 0.0 | 0.0 | 2.57 | 0.0 | 6.64 | 0 | 0 | 0 | 5.52 | 21.32 | 11.07 | 8.09 | 13.62 | 9.62 | 2.41 | 3.88 | 37.71 | 7.93 | 15.43 | 18.01 | 0.41 | -1.3 | -5.35 |
| 23Q2 (15) | 5.31 | -17.16 | -15.98 | 9.23 | 28.55 | 66.01 | 0.7 | 0.0 | 133.33 | 0 | 0 | 0 | 8.62 | 5.25 | -10.21 | 0.26 | -51.85 | -64.86 | 7.84 | 2.48 | -17.82 | 21.38 | 5.22 | -21.83 | 9.17 | -15.87 | 2.12 | 2.18 | 0.0 | 15.96 | 1.5 | 0.0 | 36.36 | 0.25 | 0.0 | 19.05 | 4.16 | 0.0 | 0.0 | 2.57 | 6.64 | 6.64 | 0 | 0 | 0 | 4.55 | 2.02 | -2.15 | 7.12 | 3.79 | 0.85 | 2.32 | 20.21 | 55.7 | 6.87 | 7.51 | 11.89 | 0.42 | -7.94 | -3.37 |
| 23Q1 (14) | 6.41 | -2.44 | 16.55 | 7.18 | 4.82 | 52.44 | 0.7 | 0 | 133.33 | 0 | 0 | 0 | 8.19 | -18.83 | -6.61 | 0.54 | 145.45 | 14.89 | 7.65 | -21.3 | -12.67 | 20.32 | -20.08 | -23.83 | 10.9 | -8.33 | 52.02 | 2.18 | -6.84 | 20.44 | 1.5 | -31.82 | 36.36 | 0.25 | -3.85 | 19.05 | 4.16 | 0.0 | 0.0 | 2.41 | 0.0 | 9.05 | 0 | 0 | 0 | 4.46 | -12.2 | 8.52 | 6.86 | -8.29 | 8.54 | 1.93 | 14.88 | -14.6 | 6.39 | -5.47 | 0.31 | 0.45 | 4.4 | 1.38 |
| 22Q4 (13) | 6.57 | 13.47 | 22.35 | 6.85 | 6.7 | 38.1 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 10.09 | 3.28 | 15.98 | 0.22 | -31.25 | -71.43 | 9.72 | -0.1 | 11.6 | 25.43 | -3.73 | -8.9 | 11.89 | 12.49 | 57.9 | 2.34 | 10.38 | 21.88 | 2.2 | 69.23 | 450.0 | 0.26 | 23.81 | 36.84 | 4.16 | 0.0 | 0.0 | 2.41 | 0.0 | 9.05 | 0 | 0 | 0 | 5.08 | 2.21 | 3.04 | 7.48 | 1.36 | 4.76 | 1.68 | -4.0 | -33.33 | 6.76 | 0.6 | -9.26 | 0.43 | -0.22 | 4.94 |
| 22Q3 (12) | 5.79 | -8.39 | 32.19 | 6.42 | 15.47 | 40.48 | 0.3 | 0.0 | -57.14 | 0 | 0 | 0 | 9.77 | 1.77 | 25.1 | 0.32 | -56.76 | 45.45 | 9.73 | 1.99 | 23.95 | 26.41 | -3.43 | 1.61 | 10.57 | 17.71 | 63.62 | 2.12 | 12.77 | 19.77 | 1.3 | 18.18 | 85.71 | 0.21 | 0.0 | 10.53 | 4.16 | 0.0 | 0.0 | 2.41 | 0.0 | 9.05 | 0 | 0 | 0 | 4.97 | 6.88 | 18.9 | 7.38 | 4.53 | 15.49 | 1.75 | 17.45 | -27.69 | 6.72 | 9.45 | 1.82 | 0.43 | 0.76 | 4.3 |
| 22Q2 (11) | 6.32 | 14.91 | 25.15 | 5.56 | 18.05 | 28.11 | 0.3 | 0.0 | -57.14 | 0 | 0 | 0 | 9.6 | 9.46 | 26.98 | 0.74 | 57.45 | 19.35 | 9.54 | 8.9 | 26.02 | 27.35 | 2.53 | 5.9 | 8.98 | 25.24 | 59.22 | 1.88 | 3.87 | 9.94 | 1.1 | 0.0 | 57.14 | 0.21 | 0.0 | 16.67 | 4.16 | 0.0 | 0.0 | 2.41 | 9.05 | 15.31 | 0 | 0 | 0 | 4.65 | 13.14 | 10.98 | 7.06 | 11.71 | 12.42 | 1.49 | -34.07 | -36.05 | 6.14 | -3.61 | -5.83 | 0.43 | -3.41 | 4.47 |
| 22Q1 (10) | 5.5 | 2.42 | 34.47 | 4.71 | -5.04 | 28.34 | 0.3 | -70.0 | -57.14 | 0 | 0 | 0 | 8.77 | 0.8 | 22.83 | 0.47 | -38.96 | 51.61 | 8.76 | 0.57 | 24.43 | 26.67 | -4.42 | 8.25 | 7.17 | -4.78 | 31.32 | 1.81 | -5.73 | 3.43 | 1.1 | 175.0 | 37.5 | 0.21 | 10.53 | 16.67 | 4.16 | 0.0 | 0.0 | 2.21 | 0.0 | 5.74 | 0 | 0 | 0 | 4.11 | -16.63 | 15.13 | 6.32 | -11.48 | 11.66 | 2.26 | -10.32 | -21.53 | 6.37 | -14.5 | -1.24 | 0.45 | 8.07 | 2.82 |
| 21Q4 (9) | 5.37 | 22.6 | 15.73 | 4.96 | 8.53 | 52.15 | 1.0 | 42.86 | 0 | 0 | 0 | 0 | 8.7 | 11.4 | 13.13 | 0.77 | 250.0 | 71.11 | 8.71 | 10.96 | 27.9 | 27.91 | 7.36 | 12.82 | 7.53 | 16.56 | 45.09 | 1.92 | 8.47 | -3.03 | 0.4 | -42.86 | -73.33 | 0.19 | 0.0 | 0.0 | 4.16 | 0.0 | 0.0 | 2.21 | 0.0 | 5.74 | 0 | 0 | 0 | 4.93 | 17.94 | 20.83 | 7.14 | 11.74 | 15.72 | 2.52 | 4.13 | -11.27 | 7.45 | 12.88 | 7.66 | 0.41 | -0.83 | -0.9 |
| 21Q3 (8) | 4.38 | -13.27 | 22.69 | 4.57 | 5.3 | 36.83 | 0.7 | 0.0 | -12.5 | 0 | 0 | 0 | 7.81 | 3.31 | 12.86 | 0.22 | -64.52 | -31.25 | 7.85 | 3.7 | 15.61 | 25.99 | 0.64 | 3.63 | 6.46 | 14.54 | 38.03 | 1.77 | 3.51 | -5.35 | 0.7 | 0.0 | 0.0 | 0.19 | 5.56 | 5.56 | 4.16 | 0.0 | 0.0 | 2.21 | 5.74 | 5.74 | 0 | 0 | 0 | 4.18 | -0.24 | 13.59 | 6.39 | 1.75 | 10.75 | 2.42 | 3.86 | 31.52 | 6.6 | 1.23 | 19.57 | 0.42 | 0.92 | -4.07 |
| 21Q2 (7) | 5.05 | 23.47 | 41.85 | 4.34 | 18.26 | 43.23 | 0.7 | 0.0 | 75.0 | 0 | 0 | 0 | 7.56 | 5.88 | 10.85 | 0.62 | 100.0 | -40.38 | 7.57 | 7.53 | 17.55 | 25.83 | 4.81 | 0 | 5.64 | 3.3 | 24.5 | 1.71 | -2.29 | -2.84 | 0.7 | -12.5 | -36.36 | 0.18 | 0.0 | -5.26 | 4.16 | 0.0 | -6.09 | 2.09 | 0.0 | 0.0 | 0 | 0 | 0 | 4.19 | 17.37 | 24.7 | 6.28 | 10.95 | 15.23 | 2.33 | -19.1 | 52.29 | 6.52 | 1.09 | 33.33 | 0.41 | -4.93 | -4.35 |
| 21Q1 (6) | 4.09 | -11.85 | 20.29 | 3.67 | 12.58 | 23.99 | 0.7 | 0 | 75.0 | 0 | 0 | 0 | 7.14 | -7.15 | 17.05 | 0.31 | -31.11 | 151.67 | 7.04 | 3.38 | 11.39 | 24.64 | -0.39 | 0 | 5.46 | 5.2 | 19.21 | 1.75 | -11.62 | 5.42 | 0.8 | -46.67 | -27.27 | 0.18 | -5.26 | -5.26 | 4.16 | 0.0 | -6.09 | 2.09 | 0.0 | 0.0 | 0 | 0 | 0 | 3.57 | -12.5 | 53.88 | 5.66 | -8.27 | 28.34 | 2.88 | 1.41 | 223.6 | 6.45 | -6.79 | 100.93 | 0.43 | 4.15 | -9.49 |
| 20Q4 (5) | 4.64 | 29.97 | 36.47 | 3.26 | -2.4 | 8.67 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 7.69 | 11.13 | 6.36 | 0.45 | 40.62 | -43.75 | 6.81 | 0.29 | 3.65 | 24.74 | -1.38 | 0 | 5.19 | 10.9 | 19.04 | 1.98 | 5.88 | 7.03 | 1.5 | 114.29 | 275.0 | 0.19 | 5.56 | 0.0 | 4.16 | 0.0 | -6.09 | 2.09 | 0.0 | 10.0 | 0 | 0 | 0 | 4.08 | 10.87 | -3.09 | 6.17 | 6.93 | 0.98 | 2.84 | 54.35 | 61.36 | 6.92 | 25.36 | 15.91 | 0.42 | -4.0 | -0.77 |
| 20Q3 (4) | 3.57 | 0.28 | 0.0 | 3.34 | 10.23 | 0.0 | 0.8 | 100.0 | 0.0 | 0 | 0 | 0.0 | 6.92 | 1.47 | 0.0 | 0.32 | -69.23 | 0.0 | 6.79 | 5.43 | 0.0 | 25.08 | 0 | 0.0 | 4.68 | 3.31 | 0.0 | 1.87 | 6.25 | 0.0 | 0.7 | -36.36 | 0.0 | 0.18 | -5.26 | 0.0 | 4.16 | -6.09 | 0.0 | 2.09 | 0.0 | 0.0 | 0 | 0 | 0.0 | 3.68 | 9.52 | 0.0 | 5.77 | 5.87 | 0.0 | 1.84 | 20.26 | 0.0 | 5.52 | 12.88 | 0.0 | 0.43 | 0.62 | 0.0 |
