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) | 14.18 | -9.22 | 7.06 | -15.25 | 1.2 | -58.04 | 0 | 0 | 43.66 | -7.38 | 8.08 | -10.82 | 1.81 | 35.07 | 4.15 | 45.84 | 104.11 | 10.71 | 6.47 | 14.11 | 46.02 | 10.52 | 0.01 | 0.0 | 21.92 | 0.0 | 7.07 | 14.77 | 0 | 0 | 24.49 | 11.72 | 31.56 | 12.39 | 0.13 | -13.33 | 24.62 | 11.55 | 0.00 | 0 |
| 2022 (9) | 15.62 | 95.74 | 8.33 | 28.15 | 2.86 | -57.06 | 0 | 0 | 47.14 | -0.57 | 9.06 | 51.25 | 1.34 | -4.96 | 2.84 | -4.42 | 94.04 | 2.55 | 5.67 | 0.71 | 41.64 | 22.65 | 0.01 | 0.0 | 21.92 | 0.0 | 6.16 | 10.79 | 0 | 0 | 21.92 | 23.01 | 28.08 | 20.1 | 0.15 | 15.38 | 22.07 | 22.95 | 0.00 | 0 |
| 2021 (8) | 7.98 | 73.48 | 6.5 | 209.52 | 6.66 | 909.09 | 0 | 0 | 47.41 | 39.03 | 5.99 | 32.23 | 1.41 | 20.51 | 2.97 | -13.32 | 91.7 | 18.92 | 5.63 | -0.53 | 33.95 | 5.37 | 0.01 | 0.0 | 21.92 | 0.0 | 5.56 | 8.81 | 0 | 0 | 17.82 | 9.73 | 23.38 | 9.56 | 0.13 | 333.33 | 17.95 | 10.33 | 0.00 | 0 |
| 2020 (7) | 4.6 | 19.48 | 2.1 | 40.0 | 0.66 | -83.5 | 0 | 0 | 34.1 | -22.41 | 4.53 | -7.36 | 1.17 | -27.33 | 3.43 | -6.34 | 77.11 | 9.61 | 5.66 | -5.03 | 32.22 | 22.88 | 0.01 | 0 | 21.92 | 0.87 | 5.11 | 10.61 | 0 | 0 | 16.24 | 7.19 | 21.34 | 7.94 | 0.03 | 0.0 | 16.27 | 7.18 | 0.00 | 0 |
| 2019 (6) | 3.85 | -10.47 | 1.5 | -71.26 | 4.0 | -30.92 | 0 | 0 | 43.95 | 70.48 | 4.89 | 10.38 | 1.61 | -37.35 | 3.66 | -63.25 | 70.35 | 9.99 | 5.96 | -0.67 | 26.22 | 21.95 | 0 | 0 | 21.73 | 16.58 | 4.62 | 10.79 | 0 | 0 | 15.15 | 19.29 | 19.77 | 17.19 | 0.03 | 50.0 | 15.18 | 19.34 | 0.00 | 0 |
| 2018 (5) | 4.3 | 86.15 | 5.22 | 11.06 | 5.79 | 25.87 | 0 | 0 | 25.78 | 30.6 | 4.43 | 102.28 | 2.57 | 21.8 | 9.97 | -6.74 | 63.96 | 1.2 | 6.0 | -2.44 | 21.5 | -13.2 | 0.01 | -50.0 | 18.64 | 1.8 | 4.17 | 5.3 | 0 | 0 | 12.7 | 37.45 | 16.87 | 27.8 | 0.02 | -50.0 | 12.72 | 37.07 | 0.00 | 0 |
| 2017 (4) | 2.31 | 22.87 | 4.7 | 39.47 | 4.6 | 59.72 | 0 | 0 | 19.74 | 7.57 | 2.19 | -7.59 | 2.11 | -12.81 | 10.69 | -18.95 | 63.2 | 8.87 | 6.15 | -0.65 | 24.77 | -0.52 | 0.02 | -33.33 | 18.31 | 0.0 | 3.96 | 6.45 | 0 | 0 | 9.24 | 12.27 | 13.2 | 10.46 | 0.04 | 300.0 | 9.28 | 12.62 | 0.00 | 0 |
| 2016 (3) | 1.88 | -21.67 | 3.37 | -48.31 | 2.88 | -25.39 | 0 | 0 | 18.35 | -17.23 | 2.37 | -7.06 | 2.42 | 3.42 | 13.19 | 24.95 | 58.05 | 2.69 | 6.19 | 11.53 | 24.9 | 4.32 | 0.03 | -25.0 | 18.31 | 0.0 | 3.72 | 7.51 | 0 | 0 | 8.23 | 13.99 | 11.95 | 11.89 | 0.01 | -66.67 | 8.24 | 13.66 | 0.00 | 0 |
| 2015 (2) | 2.4 | -34.07 | 6.52 | 5.16 | 3.86 | 915.79 | 0 | 0 | 22.17 | -45.49 | 2.55 | -53.04 | 2.34 | -38.26 | 10.55 | 13.26 | 56.53 | 32.51 | 5.55 | 138.2 | 23.87 | 52.72 | 0.04 | 0.0 | 18.31 | 6.14 | 3.46 | 18.49 | 0 | 0 | 7.22 | -0.96 | 10.68 | 4.6 | 0.03 | 0 | 7.25 | -0.55 | 0.00 | 0 |
| 2014 (1) | 3.64 | -17.83 | 6.2 | 36.56 | 0.38 | -9.52 | 0 | 0 | 40.67 | -10.65 | 5.43 | -10.54 | 3.79 | 4.99 | 9.32 | 17.51 | 42.66 | 22.38 | 2.33 | 703.45 | 15.63 | 59.49 | 0.04 | 100.0 | 17.25 | 15.0 | 2.92 | 26.41 | 0 | 0 | 7.29 | 19.9 | 10.21 | 20.97 | 0 | 0 | 7.29 | 19.9 | 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) | 11.97 | -20.57 | 38.86 | 9.72 | 181.74 | -5.72 | 14.13 | 772.22 | 579.33 | 0 | 0 | 0 | 4.9 | -32.32 | 17.51 | 0.38 | -63.46 | -22.45 | 0.69 | -67.14 | -55.77 | 1.10 | -67.53 | -80.79 | 112.72 | 8.99 | 5.92 | 6.47 | 0.47 | 10.41 | 42.46 | -15.47 | -11.21 | 0.01 | 0.0 | -85.71 | 21.92 | 0.0 | 0.0 | 7.87 | 0.0 | 11.32 | 0 | 0 | 0 | 22.95 | 1.68 | 18.79 | 30.83 | 1.28 | 16.87 | 0.1 | -28.57 | -16.67 | 23.05 | 1.5 | 18.57 | 0.00 | 0 | 0 |
| 24Q2 (19) | 15.07 | -18.8 | 131.13 | 3.45 | -1.15 | -41.53 | 1.62 | 11.72 | -8.99 | 0 | 0 | 0 | 7.24 | -70.12 | -17.07 | 1.04 | -60.9 | -43.17 | 2.1 | 87.5 | 303.85 | 3.39 | 92.01 | 173.38 | 103.42 | 2.7 | 1.21 | 6.44 | -0.77 | 8.78 | 50.23 | -2.14 | 15.44 | 0.01 | 0.0 | -85.71 | 21.92 | 0.0 | 0.0 | 7.87 | 0.0 | 11.32 | 0 | 0 | 0 | 22.57 | 4.83 | 19.86 | 30.44 | 3.54 | 17.57 | 0.14 | 16.67 | 7.69 | 22.71 | 4.9 | 19.78 | 0.00 | 0 | 0 |
| 24Q1 (18) | 18.56 | 30.89 | 75.26 | 3.49 | -50.57 | -50.07 | 1.45 | 20.83 | -28.92 | 0 | 0 | 0 | 24.23 | -7.98 | 448.19 | 2.66 | -48.65 | 350.85 | 1.12 | -38.12 | -19.42 | 1.76 | -57.44 | -39.88 | 100.7 | -3.28 | 2.42 | 6.49 | 0.31 | 15.89 | 51.33 | 11.54 | 17.7 | 0.01 | 0.0 | 0.0 | 21.92 | 0.0 | 0.0 | 7.87 | 11.32 | 11.32 | 0 | 0 | 0 | 21.53 | -12.09 | 26.65 | 29.4 | -6.84 | 22.14 | 0.12 | -7.69 | -25.0 | 21.65 | -12.06 | 26.17 | 0.00 | 0 | 0 |
| 23Q4 (17) | 14.18 | 64.5 | -9.22 | 7.06 | -31.52 | -15.25 | 1.2 | -42.31 | -58.04 | 0 | 0 | 0 | 26.33 | 531.41 | 165.69 | 5.18 | 957.14 | 129.2 | 1.81 | 16.03 | 35.07 | 4.15 | -27.62 | 45.87 | 104.11 | -2.17 | 10.71 | 6.47 | 10.41 | 14.11 | 46.02 | -3.76 | 10.52 | 0.01 | -85.71 | 0.0 | 21.92 | 0.0 | 0.0 | 7.07 | 0.0 | 14.77 | 0 | 0 | 0 | 24.49 | 26.76 | 11.72 | 31.56 | 19.64 | 12.39 | 0.13 | 8.33 | -13.33 | 24.62 | 26.65 | 11.55 | 0.00 | 0 | 0 |
| 23Q3 (16) | 8.62 | 32.21 | -33.07 | 10.31 | 74.75 | 34.24 | 2.08 | 16.85 | -27.78 | 0 | 0 | 0 | 4.17 | -52.23 | -77.92 | 0.49 | -73.22 | -89.14 | 1.56 | 200.0 | -12.36 | 5.73 | 362.17 | 87.41 | 106.42 | 4.15 | 16.87 | 5.86 | -1.01 | 3.53 | 47.82 | 9.91 | 14.16 | 0.07 | 0.0 | 600.0 | 21.92 | 0.0 | 0.0 | 7.07 | 0.0 | 14.77 | 0 | 0 | 0 | 19.32 | 2.6 | -1.63 | 26.38 | 1.89 | 2.25 | 0.12 | -7.69 | -36.84 | 19.44 | 2.53 | -1.97 | 0.00 | 0 | 0 |
| 23Q2 (15) | 6.52 | -38.43 | 14.79 | 5.9 | -15.59 | 30.82 | 1.78 | -12.75 | -39.25 | 0 | 0 | 0 | 8.73 | 97.51 | -38.22 | 1.83 | 210.17 | 2.81 | 0.52 | -62.59 | -39.53 | 1.24 | -57.77 | -32.82 | 102.18 | 3.93 | 8.7 | 5.92 | 5.71 | 3.68 | 43.51 | -0.23 | 8.34 | 0.07 | 600.0 | 600.0 | 21.92 | 0.0 | 0.0 | 7.07 | 0.0 | 14.77 | 0 | 0 | 0 | 18.83 | 10.76 | 24.45 | 25.89 | 7.56 | 21.61 | 0.13 | -18.75 | -31.58 | 18.96 | 10.49 | 23.76 | 0.00 | 0 | 0 |
| 23Q1 (14) | 10.59 | -32.2 | 210.56 | 6.99 | -16.09 | 54.99 | 2.04 | -28.67 | -69.09 | 0 | 0 | 0 | 4.42 | -55.4 | 4.99 | 0.59 | -73.89 | 13.46 | 1.39 | 3.73 | 75.95 | 2.94 | 3.27 | 70.26 | 98.32 | 4.55 | 1.99 | 5.6 | -1.23 | -2.61 | 43.61 | 4.73 | 10.91 | 0.01 | 0.0 | 0.0 | 21.92 | 0.0 | 0.0 | 7.07 | 14.77 | 14.77 | 0 | 0 | 0 | 17.0 | -22.45 | 27.25 | 24.07 | -14.28 | 23.37 | 0.16 | 6.67 | 6.67 | 17.16 | -22.25 | 27.02 | 0.00 | 0 | 0 |
| 22Q4 (13) | 15.62 | 21.27 | 95.74 | 8.33 | 8.46 | 28.15 | 2.86 | -0.69 | -57.06 | 0 | 0 | 0 | 9.91 | -47.54 | -52.81 | 2.26 | -49.89 | -26.38 | 1.34 | -24.72 | -4.96 | 2.84 | -7.01 | -4.42 | 94.04 | 3.27 | 2.55 | 5.67 | 0.18 | 0.71 | 41.64 | -0.6 | 22.65 | 0.01 | 0.0 | 0.0 | 21.92 | 0.0 | 0.0 | 6.16 | 0.0 | 10.79 | 0 | 0 | 0 | 21.92 | 11.61 | 23.01 | 28.08 | 8.84 | 20.1 | 0.15 | -21.05 | 15.38 | 22.07 | 11.3 | 22.95 | 0.00 | 0 | 0 |
| 22Q3 (12) | 12.88 | 126.76 | 132.07 | 7.68 | 70.29 | 3.09 | 2.88 | -1.71 | -66.93 | 0 | 0 | 0 | 18.89 | 33.69 | 159.83 | 4.51 | 153.37 | 593.85 | 1.78 | 106.98 | 83.51 | 3.06 | 65.67 | 20.64 | 91.06 | -3.13 | -4.15 | 5.66 | -0.88 | 2.91 | 41.89 | 4.31 | 25.49 | 0.01 | 0.0 | 0.0 | 21.92 | 0.0 | 0.0 | 6.16 | 0.0 | 10.79 | 0 | 0 | 0 | 19.64 | 29.81 | 33.06 | 25.8 | 21.18 | 26.97 | 0.19 | 0.0 | 72.73 | 19.83 | 29.44 | 33.36 | 0.00 | 0 | 0 |
| 22Q2 (11) | 5.68 | 66.57 | 28.22 | 4.51 | 0.0 | 0.22 | 2.93 | -55.61 | -39.96 | 0 | 0 | 0 | 14.13 | 235.63 | 5.92 | 1.78 | 242.31 | -3.26 | 0.86 | 8.86 | 0.0 | 1.85 | 7.02 | -6.72 | 94.0 | -2.49 | 9.79 | 5.71 | -0.7 | 2.7 | 40.16 | 2.14 | 35.91 | 0.01 | 0.0 | 0.0 | 21.92 | 0.0 | 0.0 | 6.16 | 0.0 | 20.55 | 0 | 0 | 0 | 15.13 | 13.25 | -18.22 | 21.29 | 9.12 | -9.83 | 0.19 | 26.67 | 90.0 | 15.32 | 13.4 | -17.63 | 0.00 | 0 | 0 |
| 22Q1 (10) | 3.41 | -57.27 | -26.82 | 4.51 | -30.62 | -6.04 | 6.6 | -0.9 | 1900.0 | 0 | 0 | 0 | 4.21 | -79.95 | -27.41 | 0.52 | -83.06 | 23.81 | 0.79 | -43.97 | -69.96 | 1.72 | -42.03 | -76.52 | 96.4 | 5.13 | 14.67 | 5.75 | 2.13 | 2.5 | 39.32 | 15.82 | 11.86 | 0.01 | 0.0 | 0.0 | 21.92 | 0.0 | 0.0 | 6.16 | 10.79 | 20.55 | 0 | 0 | 0 | 13.36 | -25.03 | -19.81 | 19.51 | -16.55 | -10.38 | 0.15 | 15.38 | 87.5 | 13.51 | -24.74 | -19.3 | 0.00 | 0 | 0 |
| 21Q4 (9) | 7.98 | 43.78 | 73.48 | 6.5 | -12.75 | 209.52 | 6.66 | -23.54 | 909.09 | 0 | 0 | 0 | 21.0 | 188.86 | 76.92 | 3.07 | 372.31 | 51.98 | 1.41 | 45.36 | 20.51 | 2.97 | 17.37 | -13.32 | 91.7 | -3.47 | 18.92 | 5.63 | 2.36 | -0.53 | 33.95 | 1.71 | 5.37 | 0.01 | 0.0 | 0.0 | 21.92 | 0.0 | 0.0 | 5.56 | 0.0 | 8.81 | 0 | 0 | 0 | 17.82 | 20.73 | 9.73 | 23.38 | 15.06 | 9.56 | 0.13 | 18.18 | 333.33 | 17.95 | 20.71 | 10.33 | 0.00 | 0 | 0 |
| 21Q3 (8) | 5.55 | 25.28 | -25.7 | 7.45 | 65.56 | 313.89 | 8.71 | 78.48 | 1162.32 | 0 | 0 | 0 | 7.27 | -45.5 | -41.7 | 0.65 | -64.67 | -58.86 | 0.97 | 12.79 | -29.71 | 2.53 | 28.11 | -29.03 | 95.0 | 10.96 | 38.75 | 5.5 | -1.08 | -3.68 | 33.38 | 12.96 | 21.74 | 0.01 | 0.0 | 0.0 | 21.92 | 0.0 | 0.0 | 5.56 | 8.81 | 8.81 | 0 | 0 | 0 | 14.76 | -20.22 | 3.87 | 20.32 | -13.93 | 5.18 | 0.11 | 10.0 | 266.67 | 14.87 | -20.05 | 4.42 | 0.00 | 0 | 0 |
| 21Q2 (7) | 4.43 | -4.94 | 25.14 | 4.5 | -6.25 | 25.0 | 4.88 | 1378.79 | 16.75 | 0 | 0 | 0 | 13.34 | 130.0 | 135.27 | 1.84 | 338.1 | 425.71 | 0.86 | -67.3 | -41.1 | 1.98 | -73.07 | 0 | 85.62 | 1.84 | 17.35 | 5.56 | -0.89 | -3.3 | 29.55 | -15.93 | 15.25 | 0.01 | 0.0 | 0.0 | 21.92 | 0.0 | 0.0 | 5.11 | 0.0 | 0.0 | 0 | 0 | 0 | 18.5 | 11.04 | 46.48 | 23.61 | 8.45 | 33.09 | 0.1 | 25.0 | 233.33 | 18.6 | 11.11 | 46.92 | 0.00 | 0 | 0 |
| 21Q1 (6) | 4.66 | 1.3 | 36.26 | 4.8 | 128.57 | 87.5 | 0.33 | -50.0 | -91.45 | 0 | 0 | 0 | 5.8 | -51.14 | 41.81 | 0.42 | -79.21 | -27.59 | 2.63 | 124.79 | 62.35 | 7.34 | 114.05 | 0 | 84.07 | 9.03 | 17.45 | 5.61 | -0.88 | -4.27 | 35.15 | 9.09 | 34.67 | 0.01 | 0.0 | 0 | 21.92 | 0.0 | 0.0 | 5.11 | 0.0 | 0 | 0 | 0 | 0 | 16.66 | 2.59 | 0 | 21.77 | 2.01 | 6.98 | 0.08 | 166.67 | 300.0 | 16.74 | 2.89 | 83600.0 | 0.00 | 0 | 0 |
| 20Q4 (5) | 4.6 | -38.42 | 19.48 | 2.1 | 16.67 | 40.0 | 0.66 | -4.35 | -83.5 | 0 | 0 | 0 | 11.87 | -4.81 | -27.71 | 2.02 | 27.85 | 121.98 | 1.17 | -15.22 | -27.33 | 3.43 | -3.9 | 0 | 77.11 | 12.62 | 9.62 | 5.66 | -0.88 | -5.03 | 32.22 | 17.51 | 22.88 | 0.01 | 0.0 | 0 | 21.92 | 0.0 | 0.87 | 5.11 | 0.0 | 10.61 | 0 | 0 | 0 | 16.24 | 14.29 | 7.19 | 21.34 | 10.46 | 7.94 | 0.03 | 0.0 | 0.0 | 16.27 | 14.26 | 7.18 | 0.00 | 0 | 0 |
| 20Q3 (4) | 7.47 | 111.02 | 0.0 | 1.8 | -50.0 | 0.0 | 0.69 | -83.49 | 0.0 | 0 | 0 | 0.0 | 12.47 | 119.93 | 0.0 | 1.58 | 351.43 | 0.0 | 1.38 | -5.48 | 0.0 | 3.57 | 0 | 0.0 | 68.47 | -6.15 | 0.0 | 5.71 | -0.7 | 0.0 | 27.42 | 6.94 | 0.0 | 0.01 | 0.0 | 0.0 | 21.92 | 0.0 | 0.0 | 5.11 | 0.0 | 0.0 | 0 | 0 | 0.0 | 14.21 | 12.51 | 0.0 | 19.32 | 8.91 | 0.0 | 0.03 | 0.0 | 0.0 | 14.24 | 12.48 | 0.0 | 0.00 | 0 | 0.0 |
