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) | 25.9 | 34.48 | 0.85 | 32.81 | 0.35 | 6.06 | 0 | 0 | 104.6 | 23.29 | 11.51 | 112.36 | 6.35 | 51.55 | 6.07 | 22.92 | 29.3 | 26.24 | 6.68 | 11.15 | 16.45 | 11.45 | 0.13 | 8.33 | 11.34 | 0.0 | 7.66 | 7.28 | 0 | 0 | 37.18 | 28.74 | 44.84 | 24.45 | 0.38 | -2.56 | 37.56 | 28.32 | 0.01 | -37.94 |
| 2022 (9) | 19.26 | 26.79 | 0.64 | -53.28 | 0.33 | 57.14 | 0 | 0 | 84.84 | 37.79 | 5.42 | 15.07 | 4.19 | -26.88 | 4.94 | -46.93 | 23.21 | 20.89 | 6.01 | 32.38 | 14.76 | 47.9 | 0.12 | -14.29 | 11.34 | 0.0 | 7.14 | 7.05 | 0 | 0 | 28.88 | 9.35 | 36.03 | 8.92 | 0.39 | 3800.0 | 29.27 | 10.79 | 0.02 | -5.67 |
| 2021 (8) | 15.19 | 31.74 | 1.37 | -44.98 | 0.21 | 40.0 | 0 | 0 | 61.57 | 14.17 | 4.71 | -1.26 | 5.73 | 75.77 | 9.31 | 53.96 | 19.2 | 75.99 | 4.54 | 50.33 | 9.98 | 832.71 | 0.14 | -17.65 | 11.34 | 0.0 | 6.67 | 7.58 | 0 | 0 | 26.41 | 8.06 | 33.08 | 7.96 | 0.01 | -91.67 | 26.42 | 7.57 | 0.02 | -15.56 |
| 2020 (7) | 11.53 | 22.53 | 2.49 | 211.25 | 0.15 | -11.76 | 0 | 0 | 53.93 | -2.3 | 4.77 | -11.17 | 3.26 | 78.14 | 6.04 | 82.34 | 10.91 | -13.55 | 3.02 | -4.13 | 1.07 | -29.14 | 0.17 | 30.77 | 11.34 | 0.0 | 6.2 | 9.54 | 0 | 0 | 24.44 | 7.62 | 30.64 | 8.04 | 0.12 | 100.0 | 24.56 | 7.86 | 0.02 | 17.46 |
| 2019 (6) | 9.41 | -21.97 | 0.8 | 1233.33 | 0.17 | 112.5 | 0 | 0 | 55.2 | 2.41 | 5.37 | 4.07 | 1.83 | -80.55 | 3.32 | -81.01 | 12.62 | -60.7 | 3.15 | 70.27 | 1.51 | -90.97 | 0.13 | 160.0 | 11.34 | 0.0 | 5.66 | 10.12 | 0 | 0 | 22.71 | 12.43 | 28.36 | 11.79 | 0.06 | 50.0 | 22.77 | 12.5 | 0.02 | -21.62 |
| 2018 (5) | 12.06 | 7.2 | 0.06 | -95.38 | 0.08 | 0.0 | 0 | 0 | 53.9 | 34.28 | 5.16 | 76.11 | 9.41 | -17.09 | 17.46 | -38.26 | 32.11 | -10.76 | 1.85 | 14.91 | 16.72 | -27.02 | 0.05 | 0.0 | 11.34 | 0.0 | 5.14 | 5.98 | 0.03 | 0 | 20.2 | 23.17 | 25.37 | 19.39 | 0.04 | 0 | 20.24 | 23.64 | 0.03 | 1654.97 |
| 2017 (4) | 11.25 | -15.41 | 1.3 | 0 | 0.08 | -27.27 | 0 | 0 | 40.14 | -24.59 | 2.93 | -22.89 | 11.35 | -34.39 | 28.28 | -13.0 | 35.98 | 246.96 | 1.61 | -13.9 | 22.91 | 1427.33 | 0.05 | -16.67 | 11.34 | -15.06 | 4.85 | 8.5 | 0 | 0 | 16.4 | 12.87 | 21.25 | 11.84 | -0.03 | 0 | 16.37 | 11.66 | 0.00 | -16.86 |
| 2016 (3) | 13.3 | 135.4 | 0 | 0 | 0.11 | 10.0 | 0 | 0 | 53.23 | 35.93 | 3.8 | 35.71 | 17.3 | 28.62 | 32.50 | -5.37 | 10.37 | 2.88 | 1.87 | 20.65 | 1.5 | 56.25 | 0.06 | 20.0 | 13.35 | -12.0 | 4.47 | 6.68 | 0 | 0 | 14.53 | 21.79 | 19.0 | 17.87 | 0.13 | -23.53 | 14.66 | 21.16 | 0.00 | 0 |
| 2015 (2) | 5.65 | -37.01 | 1.92 | 300.0 | 0.1 | 400.0 | 0 | 0 | 39.16 | -23.77 | 2.8 | -52.38 | 13.45 | 13.12 | 34.35 | 48.39 | 10.08 | 44.21 | 1.55 | 74.16 | 0.96 | 284.0 | 0.05 | -28.57 | 15.17 | 0.0 | 4.19 | 16.39 | 0 | 0 | 11.93 | -12.6 | 16.12 | -7.09 | 0.17 | 88.89 | 12.1 | -11.94 | 0.00 | 0 |
| 2014 (1) | 8.97 | 27.05 | 0.48 | 380.0 | 0.02 | 0.0 | 0 | 0 | 51.37 | -3.19 | 5.88 | -5.62 | 11.89 | -38.68 | 23.15 | -36.66 | 6.99 | 27.09 | 0.89 | 12.66 | 0.25 | -7.41 | 0.07 | -30.0 | 15.17 | 5.06 | 3.6 | 20.81 | 0.11 | -60.71 | 13.65 | 9.11 | 17.35 | 10.09 | 0.09 | 0 | 13.74 | 10.81 | 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) | 11.77 | -27.48 | -51.12 | 0.75 | -9.64 | -8.54 | 0.31 | 0.0 | -8.82 | 0 | 0 | 0 | 25.02 | 12.7 | 0.36 | 3.49 | 108.98 | 64.62 | 7.78 | 76.82 | 83.92 | 7.93 | 76.66 | 86.02 | 24.16 | -5.59 | -11.53 | 7.67 | -0.52 | 11.16 | 9.75 | -14.47 | -37.26 | 0.12 | 0.0 | -7.69 | 11.34 | 0.0 | 0.0 | 8.82 | 0.0 | 15.14 | 0 | 0 | 0 | 37.0 | 10.41 | 5.23 | 45.82 | 8.24 | 7.01 | 0.46 | -2.13 | -9.8 | 37.46 | 10.24 | 5.02 | 0.01 | -14.16 | -3.76 |
| 24Q2 (19) | 16.23 | -24.9 | -27.8 | 0.83 | 33.87 | -3.49 | 0.31 | -6.06 | 63.16 | 0 | 0 | 0 | 22.2 | 8.29 | -16.26 | 1.67 | 12.08 | -53.48 | 4.4 | -31.68 | -36.51 | 4.49 | -28.67 | -38.77 | 25.59 | 5.83 | -1.88 | 7.71 | -0.13 | 13.05 | 11.4 | 12.98 | -15.93 | 0.12 | 0.0 | -14.29 | 11.34 | 0.0 | 0.0 | 8.82 | 15.14 | 15.14 | 0 | 0 | 0 | 33.51 | -13.34 | 1.45 | 42.33 | -8.63 | 4.0 | 0.47 | 0.0 | 4.44 | 33.98 | -13.18 | 1.49 | 0.02 | -2.61 | 1.57 |
| 24Q1 (18) | 21.61 | -16.56 | 8.59 | 0.62 | -27.06 | -29.55 | 0.33 | -5.71 | -2.94 | 0 | 0 | 0 | 20.5 | -32.54 | -9.93 | 1.49 | -25.13 | -60.79 | 6.44 | 1.42 | 28.03 | 6.29 | 3.66 | 10.47 | 24.18 | -17.47 | 3.2 | 7.72 | 15.57 | 13.36 | 10.09 | -38.66 | -20.8 | 0.12 | -7.69 | -7.69 | 11.34 | 0.0 | 0.0 | 7.66 | 0.0 | 7.28 | 0 | 0 | 0 | 38.67 | 4.01 | 18.29 | 46.33 | 3.32 | 16.32 | 0.47 | 23.68 | 17.5 | 39.14 | 4.21 | 18.28 | 0.02 | 37.64 | -4.12 |
| 23Q4 (17) | 25.9 | 7.56 | 34.48 | 0.85 | 3.66 | 32.81 | 0.35 | 2.94 | 6.06 | 0 | 0 | 0 | 30.39 | 21.9 | 21.41 | 1.99 | -6.13 | -5.24 | 6.35 | 50.12 | 51.55 | 6.07 | 42.42 | 22.93 | 29.3 | 7.29 | 26.24 | 6.68 | -3.19 | 11.15 | 16.45 | 5.86 | 11.45 | 0.13 | 0.0 | 8.33 | 11.34 | 0.0 | 0.0 | 7.66 | 0.0 | 7.28 | 0 | 0 | 0 | 37.18 | 5.75 | 28.74 | 44.84 | 4.72 | 24.45 | 0.38 | -25.49 | -2.56 | 37.56 | 5.3 | 28.32 | 0.01 | -16.37 | -37.94 |
| 23Q3 (16) | 24.08 | 7.12 | 49.66 | 0.82 | -4.65 | 0.0 | 0.34 | 78.95 | 25.93 | 0 | 0 | 0 | 24.93 | -5.96 | 23.23 | 2.12 | -40.95 | 92.73 | 4.23 | -38.96 | -36.77 | 4.26 | -41.85 | -48.6 | 27.31 | 4.72 | 20.68 | 6.9 | 1.17 | 53.33 | 15.54 | 14.6 | 6.0 | 0.13 | -7.14 | 8.33 | 11.34 | 0.0 | 0.0 | 7.66 | 0.0 | 7.28 | 0 | 0 | 0 | 35.16 | 6.45 | 30.27 | 42.82 | 5.21 | 25.46 | 0.51 | 13.33 | 96.15 | 35.67 | 6.54 | 30.9 | 0.01 | -9.4 | -28.05 |
| 23Q2 (15) | 22.48 | 12.96 | 40.15 | 0.86 | -2.27 | 36.51 | 0.19 | -44.12 | -17.39 | 0 | 0 | 0 | 26.51 | 16.48 | 30.78 | 3.59 | -5.53 | 307.95 | 6.93 | 37.77 | 39.72 | 7.33 | 28.68 | 10.64 | 26.08 | 11.31 | 101.7 | 6.82 | 0.15 | 52.57 | 13.56 | 6.44 | 60.28 | 0.14 | 7.69 | 7.69 | 11.34 | 0.0 | 0.0 | 7.66 | 7.28 | 7.28 | 0 | 0 | 0 | 33.03 | 1.04 | 27.58 | 40.7 | 2.18 | 23.22 | 0.45 | 12.5 | 275.0 | 33.48 | 1.18 | 28.72 | 0.02 | -8.06 | -20.98 |
| 23Q1 (14) | 19.9 | 3.32 | -16.32 | 0.88 | 37.5 | 54.39 | 0.34 | 3.03 | 61.9 | 0 | 0 | 0 | 22.76 | -9.07 | 17.87 | 3.8 | 80.95 | 183.58 | 5.03 | 20.05 | 32.72 | 5.70 | 15.36 | 4.89 | 23.43 | 0.95 | 80.93 | 6.81 | 13.31 | 51.0 | 12.74 | -13.69 | 50.06 | 0.13 | 8.33 | 0.0 | 11.34 | 0.0 | 0.0 | 7.14 | 0.0 | 7.05 | 0 | 0 | 0 | 32.69 | 13.19 | 17.8 | 39.83 | 10.55 | 15.72 | 0.4 | 2.56 | 900.0 | 33.09 | 13.05 | 19.07 | 0.02 | -10.91 | -11.65 |
| 22Q4 (13) | 19.26 | 19.7 | 26.79 | 0.64 | -21.95 | -53.28 | 0.33 | 22.22 | 57.14 | 0 | 0 | 0 | 25.03 | 23.73 | 19.99 | 2.1 | 90.91 | 14.75 | 4.19 | -37.37 | -26.88 | 4.94 | -40.45 | -46.94 | 23.21 | 2.56 | 20.89 | 6.01 | 33.56 | 32.38 | 14.76 | 0.68 | 47.9 | 0.12 | 0.0 | -14.29 | 11.34 | 0.0 | 0.0 | 7.14 | 0.0 | 7.05 | 0 | 0 | 0 | 28.88 | 7.0 | 9.35 | 36.03 | 5.57 | 8.92 | 0.39 | 50.0 | 3800.0 | 29.27 | 7.41 | 10.79 | 0.02 | -3.05 | -5.67 |
| 22Q3 (12) | 16.09 | 0.31 | 11.27 | 0.82 | 30.16 | 67.35 | 0.27 | 17.39 | 80.0 | 0 | 0 | 0 | 20.23 | -0.2 | 40.29 | 1.1 | 25.0 | -31.68 | 6.69 | 34.88 | 143.27 | 8.29 | 25.16 | 72.62 | 22.63 | 75.02 | 114.1 | 4.5 | 0.67 | -0.66 | 14.66 | 73.29 | 833.76 | 0.12 | -7.69 | -20.0 | 11.34 | 0.0 | 0.0 | 7.14 | 0.0 | 7.05 | 0 | 0 | 0 | 26.99 | 4.25 | 9.85 | 34.13 | 3.33 | 9.25 | 0.26 | 116.67 | 271.43 | 27.25 | 4.77 | 10.59 | 0.02 | -0.5 | -11.05 |
| 22Q2 (11) | 16.04 | -32.55 | 38.63 | 0.63 | 10.53 | 110.0 | 0.23 | 9.52 | 35.29 | 0 | 0 | 0 | 20.27 | 4.97 | 33.44 | 0.88 | -34.33 | 31.34 | 4.96 | 30.87 | 1.85 | 6.63 | 21.99 | -25.27 | 12.93 | -0.15 | 37.55 | 4.47 | -0.89 | 5.18 | 8.46 | -0.35 | 1028.0 | 0.13 | 0.0 | -13.33 | 11.34 | 0.0 | 0.0 | 7.14 | 7.05 | 15.16 | 0 | 0 | 0 | 25.89 | -6.7 | 10.45 | 33.03 | -4.04 | 11.47 | 0.12 | 200.0 | 140.0 | 26.01 | -6.41 | 10.73 | 0.02 | 2.8 | -14.7 |
| 22Q1 (10) | 23.78 | 56.55 | 70.47 | 0.57 | -58.39 | -66.47 | 0.21 | 0.0 | 61.54 | 0 | 0 | 0 | 19.31 | -7.43 | 74.12 | 1.34 | -26.78 | 127.12 | 3.79 | -33.86 | -25.54 | 5.43 | -41.65 | -42.97 | 12.95 | -32.55 | 21.37 | 4.51 | -0.66 | 3.68 | 8.49 | -14.93 | 1186.36 | 0.13 | -7.14 | -18.75 | 11.34 | 0.0 | 0.0 | 6.67 | 0.0 | 7.58 | 0 | 0 | 0 | 27.75 | 5.07 | 10.87 | 34.42 | 4.05 | 10.21 | 0.04 | 300.0 | -60.0 | 27.79 | 5.19 | 10.58 | 0.02 | -4.87 | -16.34 |
| 21Q4 (9) | 15.19 | 5.05 | 31.74 | 1.37 | 179.59 | -44.98 | 0.21 | 40.0 | 40.0 | 0 | 0 | 0 | 20.86 | 44.66 | 26.12 | 1.83 | 13.66 | -5.67 | 5.73 | 108.36 | 75.77 | 9.31 | 93.74 | 53.95 | 19.2 | 81.65 | 75.99 | 4.54 | 0.22 | 50.33 | 9.98 | 535.67 | 832.71 | 0.14 | -6.67 | -17.65 | 11.34 | 0.0 | 0.0 | 6.67 | 0.0 | 7.58 | 0 | 0 | 0 | 26.41 | 7.49 | 8.06 | 33.08 | 5.89 | 7.96 | 0.01 | -85.71 | -91.67 | 26.42 | 7.22 | 7.57 | 0.02 | -8.58 | -15.56 |
| 21Q3 (8) | 14.46 | 24.98 | 101.39 | 0.49 | 63.33 | -85.8 | 0.15 | -11.76 | 66.67 | 0 | 0 | 0 | 14.42 | -5.07 | 19.08 | 1.61 | 140.3 | 73.12 | 2.75 | -43.53 | -53.55 | 4.80 | -45.81 | -57.61 | 10.57 | 12.45 | -22.39 | 4.53 | 6.59 | 51.51 | 1.57 | 109.33 | -16.93 | 0.15 | 0.0 | -16.67 | 11.34 | 0.0 | 0.0 | 6.67 | 7.58 | 7.58 | 0 | 0 | 0 | 24.57 | 4.82 | 9.2 | 31.24 | 5.43 | 8.85 | 0.07 | 40.0 | 200.0 | 24.64 | 4.9 | 9.85 | 0.02 | -4.58 | -15.96 |
| 21Q2 (7) | 11.57 | -17.06 | 55.93 | 0.3 | -82.35 | -76.92 | 0.17 | 30.77 | 88.89 | 0 | 0 | 0 | 15.19 | 36.97 | 10.8 | 0.67 | 13.56 | -43.7 | 4.87 | -4.32 | -7.77 | 8.87 | -6.9 | 0 | 9.4 | -11.9 | 32.39 | 4.25 | -2.3 | 40.26 | 0.75 | 13.64 | -35.9 | 0.15 | -6.25 | -21.05 | 11.34 | 0.0 | 0.0 | 6.2 | 0.0 | 0.0 | 0 | 0 | 0 | 23.44 | -6.35 | 8.67 | 29.63 | -5.12 | 6.74 | 0.05 | -50.0 | 0 | 23.49 | -6.53 | 8.9 | 0.02 | 0.82 | -16.67 |
| 21Q1 (6) | 13.95 | 20.99 | 35.7 | 1.7 | -31.73 | 112.5 | 0.13 | -13.33 | -23.53 | 0 | 0 | 0 | 11.09 | -32.95 | -4.07 | 0.59 | -69.59 | -15.71 | 5.09 | 56.13 | 288.55 | 9.52 | 57.51 | 0 | 10.67 | -2.2 | 52.21 | 4.35 | 44.04 | 42.16 | 0.66 | -38.32 | -63.74 | 0.16 | -5.88 | 33.33 | 11.34 | 0.0 | 0.0 | 6.2 | 0.0 | 9.54 | 0 | 0 | 0 | 25.03 | 2.41 | 6.92 | 31.23 | 1.93 | 7.43 | 0.1 | -16.67 | 242.86 | 25.13 | 2.32 | 7.67 | 0.02 | -3.99 | 15.69 |
| 20Q4 (5) | 11.53 | 60.58 | 22.53 | 2.49 | -27.83 | 211.25 | 0.15 | 66.67 | -11.76 | 0 | 0 | 0 | 16.54 | 36.58 | 11.31 | 1.94 | 108.6 | 61.67 | 3.26 | -44.93 | 78.14 | 6.05 | -46.65 | 0 | 10.91 | -19.9 | 32.73 | 3.02 | 1.0 | -4.13 | 1.07 | -43.39 | -29.14 | 0.17 | -5.56 | 30.77 | 11.34 | 0.0 | 0.0 | 6.2 | 0.0 | 9.54 | 0 | 0 | 0 | 24.44 | 8.62 | 7.62 | 30.64 | 6.76 | 8.04 | 0.12 | 271.43 | 100.0 | 24.56 | 9.5 | 7.86 | 0.02 | -9.0 | 17.46 |
| 20Q3 (4) | 7.18 | -3.23 | 0.0 | 3.45 | 165.38 | 0.0 | 0.09 | 0.0 | 0.0 | 0 | 0 | 0.0 | 12.11 | -11.67 | 0.0 | 0.93 | -21.85 | 0.0 | 5.92 | 12.12 | 0.0 | 11.33 | 0 | 0.0 | 13.62 | 91.83 | 0.0 | 2.99 | -1.32 | 0.0 | 1.89 | 61.54 | 0.0 | 0.18 | -5.26 | 0.0 | 11.34 | 0.0 | 0.0 | 6.2 | 0.0 | 0.0 | 0 | 0 | 0.0 | 22.5 | 4.31 | 0.0 | 28.7 | 3.39 | 0.0 | -0.07 | 0 | 0.0 | 22.43 | 3.99 | 0.0 | 0.03 | -5.39 | 0.0 |
