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) | 1.84 | -50.0 | 18.5 | -33.81 | 0 | 0 | 0 | 0 | 50.21 | -7.14 | 6.78 | 11.15 | 0.48 | -40.0 | 0.96 | -35.39 | 127.96 | 0.02 | 24.76 | -2.29 | 9.68 | 7346.15 | 0.04 | 33.33 | 28.05 | 6.01 | 8.25 | 7.98 | 0 | 0 | 11.83 | 5.53 | 20.08 | 6.53 | 0 | 0 | 11.83 | 5.53 | 0.00 | -62.04 |
| 2022 (9) | 3.68 | 225.66 | 27.95 | 9.22 | 0 | 0 | 0 | 0 | 54.07 | 594.99 | 6.1 | 0 | 0.8 | -5.88 | 1.48 | -86.46 | 127.94 | -14.91 | 25.34 | 21.42 | 0.13 | 0 | 0.03 | 200.0 | 26.46 | 0.0 | 7.64 | 0.0 | 0 | 0 | 11.21 | 90.32 | 18.85 | 39.32 | 0 | 0 | 11.21 | 90.32 | 0.01 | -34.41 |
| 2021 (8) | 1.13 | -32.74 | 25.59 | 48.35 | 0 | 0 | 0 | 0 | 7.78 | -22.2 | -0.5 | 0 | 0.85 | 165.62 | 10.93 | 241.42 | 150.35 | 21.83 | 20.87 | -5.65 | 0 | 0 | 0.01 | 0.0 | 26.46 | 0.0 | 7.64 | 0.53 | 0 | 0 | 5.89 | -24.0 | 13.53 | -11.8 | 0 | 0 | 5.89 | -24.0 | 0.02 | -4.69 |
| 2020 (7) | 1.68 | -76.54 | 17.25 | 63.2 | 0 | 0 | 0 | 0 | 10.0 | -61.36 | 0.44 | -88.8 | 0.32 | -11.11 | 3.20 | 130.04 | 123.41 | 81.11 | 22.12 | -27.52 | 0 | 0 | 0.01 | 0.0 | 26.46 | 8.0 | 7.6 | 5.7 | 0 | 0 | 7.75 | -28.83 | 15.34 | -15.15 | 0 | 0 | 7.75 | -28.83 | 0.02 | 1.63 |
| 2019 (6) | 7.16 | 400.7 | 10.57 | 1061.54 | 0 | 0 | 0 | 0 | 25.88 | -38.2 | 3.93 | -57.65 | 0.36 | -60.87 | 1.39 | -36.68 | 68.14 | 6.14 | 30.52 | 58.79 | 0 | 0 | 0.01 | 0 | 24.5 | 10.01 | 7.19 | 14.67 | 0 | 0 | 10.89 | -24.79 | 18.08 | -12.87 | 0 | 0 | 10.89 | -24.79 | 0.02 | 0.43 |
| 2018 (5) | 1.43 | 286.49 | 0.91 | 56.9 | 0 | 0 | 0 | 0 | 41.88 | 182.97 | 9.28 | 232.62 | 0.92 | -75.66 | 2.20 | -91.4 | 64.2 | 9.28 | 19.22 | -1.74 | 0 | 0 | 0 | 0 | 22.27 | 0.0 | 6.27 | 4.67 | 0 | 0 | 14.48 | 78.11 | 20.75 | 47.06 | 0 | 0 | 14.48 | 78.11 | 0.02 | -61.21 |
| 2017 (4) | 0.37 | 60.87 | 0.58 | -82.69 | 0 | 0 | 0 | 0 | 14.8 | 48.89 | 2.79 | 365.0 | 3.78 | 61.54 | 25.54 | 8.49 | 58.75 | 20.96 | 19.56 | -22.04 | 0 | 0 | 0.01 | 0.0 | 22.27 | -12.01 | 5.99 | 1.01 | 0 | 0 | 8.13 | 32.41 | 14.11 | 16.8 | 0 | 0 | 8.13 | 32.41 | 0.05 | 1.61 |
| 2016 (3) | 0.23 | -76.77 | 3.35 | -64.29 | 0 | 0 | 0 | 0 | 9.94 | -73.5 | 0.6 | -89.81 | 2.34 | -54.56 | 23.54 | 71.46 | 48.57 | -15.93 | 25.09 | -3.69 | 0 | 0 | 0.01 | 0 | 25.31 | 0.0 | 5.93 | 11.05 | 0.02 | 0.0 | 6.14 | -38.1 | 12.08 | -20.94 | 0 | 0 | 6.14 | -38.1 | 0.04 | 7.46 |
| 2015 (2) | 0.99 | -48.44 | 9.38 | -64.74 | 0 | 0 | 0 | 0 | 37.51 | 17.11 | 5.89 | 0.86 | 5.15 | 82.62 | 13.73 | 55.94 | 57.77 | -21.97 | 26.05 | 27.07 | 1.86 | 0.0 | 0 | 0 | 25.31 | 3.01 | 5.34 | 12.42 | 0.02 | 0.0 | 9.92 | 19.23 | 15.28 | 16.73 | 0 | 0 | 9.92 | 19.23 | 0.04 | 16368.14 |
| 2014 (1) | 1.92 | 120.69 | 26.6 | 257.53 | 0 | 0 | 0 | 0 | 32.03 | 8.83 | 5.84 | -5.96 | 2.82 | 475.51 | 8.80 | 428.79 | 74.04 | 24.4 | 20.5 | 3.48 | 1.86 | 0.0 | 0.01 | 0.0 | 24.57 | 2.98 | 4.75 | 15.01 | 0.02 | 0.0 | 8.32 | 5.85 | 13.09 | 8.99 | 0 | 0 | 8.32 | 5.85 | 0.00 | -4.9 |
| 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) | 1.45 | -9.94 | -41.53 | 25.64 | 18.54 | 34.1 | 0.13 | 0 | 0 | 0 | 0 | 0 | 6.43 | -66.84 | -83.76 | 1.12 | -57.09 | -83.36 | 0.35 | -92.91 | -28.57 | 1.19 | -84.94 | 45.38 | 138.89 | 2.55 | 11.77 | 23.74 | -5.31 | -4.43 | 9.33 | -3.62 | 530.41 | 0.04 | 0.0 | -20.0 | 29.73 | 0.0 | 5.99 | 8.93 | 0.0 | 8.24 | 0 | 0 | 0 | 9.46 | 13.29 | -21.1 | 18.39 | 6.42 | -9.14 | 0 | 0 | 0 | 9.46 | 13.29 | -21.1 | 0.00 | -2.18 | -13.52 |
| 24Q2 (19) | 1.61 | 19.26 | -59.24 | 21.63 | 2.61 | -2.39 | 0 | 0 | 0 | 0 | 0 | 0 | 19.39 | 1201.34 | 283.2 | 2.61 | 825.0 | 800.0 | 4.94 | 1235.14 | 1048.84 | 7.89 | 929.7 | 331.0 | 135.43 | -1.49 | -1.68 | 25.07 | -0.95 | 0.89 | 9.68 | 0.0 | 554.05 | 0.04 | 0.0 | 33.33 | 29.73 | 5.99 | 5.99 | 8.93 | 8.24 | 8.24 | 0 | 0 | 0 | 8.35 | -27.14 | 58.75 | 17.28 | -12.37 | 27.91 | 0 | 0 | 0 | 8.35 | -27.14 | 58.75 | 0.00 | -3.77 | -19.49 |
| 24Q1 (18) | 1.35 | -26.63 | -22.41 | 21.08 | 13.95 | -26.83 | 0 | 0 | 0 | 0 | 0 | 0 | 1.49 | -31.02 | -56.18 | -0.36 | -111.76 | -414.29 | 0.37 | -22.92 | -44.78 | 0.77 | -19.87 | -59.84 | 137.48 | 7.44 | 4.52 | 25.31 | 2.22 | 0.8 | 9.68 | 0.0 | 7346.15 | 0.04 | 0.0 | 33.33 | 28.05 | 0.0 | 6.01 | 8.25 | 0.0 | 7.98 | 0 | 0 | 0 | 11.46 | -3.13 | 2.87 | 19.72 | -1.79 | 5.01 | 0 | 0 | 0 | 11.46 | -3.13 | 2.87 | 0.00 | -8.41 | -5.2 |
| 23Q4 (17) | 1.84 | -25.81 | -50.0 | 18.5 | -3.24 | -33.81 | 0 | 0 | 0 | 0 | 0 | 0 | 2.16 | -94.55 | -81.88 | -0.17 | -102.53 | -120.48 | 0.48 | -2.04 | -40.0 | 0.96 | 17.0 | -35.4 | 127.96 | 2.98 | 0.02 | 24.76 | -0.32 | -2.29 | 9.68 | 554.05 | 7346.15 | 0.04 | -20.0 | 33.33 | 28.05 | 0.0 | 6.01 | 8.25 | 0.0 | 7.98 | 0 | 0 | 0 | 11.83 | -1.33 | 5.53 | 20.08 | -0.79 | 6.53 | 0 | 0 | 0 | 11.83 | -1.33 | 5.53 | 0.00 | 0.31 | -62.04 |
| 23Q3 (16) | 2.48 | -37.22 | -41.65 | 19.12 | -13.72 | -34.48 | 0 | 0 | 0 | 0 | 0 | 0 | 39.6 | 682.61 | 1169.23 | 6.73 | 2220.69 | 5076.92 | 0.49 | 13.95 | 48.48 | 0.82 | -55.35 | 13.38 | 124.26 | -9.79 | -3.26 | 24.84 | -0.04 | -2.78 | 1.48 | 0.0 | 1038.46 | 0.05 | 66.67 | 400.0 | 28.05 | 0.0 | 6.01 | 8.25 | 0.0 | 7.98 | 0 | 0 | 0 | 11.99 | 127.95 | 15.73 | 20.24 | 49.81 | 12.44 | 0 | 0 | 0 | 11.99 | 127.95 | 15.73 | 0.00 | -8.94 | -64.11 |
| 23Q2 (15) | 3.95 | 127.01 | -1.74 | 22.16 | -23.08 | -17.9 | 0 | 0 | 0 | 0 | 0 | 0 | 5.06 | 48.82 | -69.68 | 0.29 | 514.29 | -85.78 | 0.43 | -35.82 | -45.57 | 1.83 | -4.06 | 2.07 | 137.74 | 4.72 | 11.19 | 24.85 | -1.04 | -3.64 | 1.48 | 1038.46 | 0 | 0.03 | 0.0 | 200.0 | 28.05 | 6.01 | 6.01 | 8.25 | 7.98 | 7.98 | 0 | 0 | 0 | 5.26 | -52.78 | -48.58 | 13.51 | -28.06 | -24.4 | 0 | 0 | 0 | 5.26 | -52.78 | -48.58 | 0.00 | 13.31 | -61.36 |
| 23Q1 (14) | 1.74 | -52.72 | -24.68 | 28.81 | 3.08 | 12.32 | 0 | 0 | 0 | 0 | 0 | 0 | 3.4 | -71.48 | -84.78 | -0.07 | -108.43 | -102.27 | 0.67 | -16.25 | -24.72 | 1.91 | 28.9 | -38.39 | 131.53 | 2.81 | -3.78 | 25.11 | -0.91 | 19.97 | 0.13 | 0.0 | 0 | 0.03 | 0.0 | 200.0 | 26.46 | 0.0 | 0.0 | 7.64 | 0.0 | 0.0 | 0 | 0 | 0 | 11.14 | -0.62 | 24.05 | 18.78 | -0.37 | 13.0 | 0 | 0 | 0 | 11.14 | -0.62 | 24.05 | 0.00 | -63.33 | -81.49 |
| 22Q4 (13) | 3.68 | -13.41 | 225.66 | 27.95 | -4.22 | 9.22 | 0 | 0 | 0 | 0 | 0 | 0 | 11.92 | 282.05 | 226.58 | 0.83 | 538.46 | 66.0 | 0.8 | 142.42 | -5.88 | 1.48 | 105.35 | -86.46 | 127.94 | -0.4 | -14.91 | 25.34 | -0.82 | 21.42 | 0.13 | 0.0 | 0 | 0.03 | 200.0 | 200.0 | 26.46 | 0.0 | 0.0 | 7.64 | 0.0 | 0.0 | 0 | 0 | 0 | 11.21 | 8.2 | 90.32 | 18.85 | 4.72 | 39.32 | 0 | 0 | 0 | 11.21 | 8.2 | 90.32 | 0.01 | -5.15 | -34.41 |
| 22Q3 (12) | 4.25 | 5.72 | 372.22 | 29.18 | 8.11 | 14.61 | 0 | 0 | 0 | 0 | 0 | 0 | 3.12 | -81.31 | 124.46 | 0.13 | -93.63 | 126.0 | 0.33 | -58.23 | -32.65 | 0.72 | -59.81 | -90.56 | 128.45 | 3.69 | -11.1 | 25.55 | -0.93 | 21.09 | 0.13 | 0 | 0 | 0.01 | 0.0 | 0.0 | 26.46 | 0.0 | 0.0 | 7.64 | 0.0 | 0.0 | 0 | 0 | 0 | 10.36 | 1.27 | 92.92 | 18.0 | 0.73 | 38.25 | 0 | 0 | 0 | 10.36 | 1.27 | 92.92 | 0.01 | -1.97 | -34.25 |
| 22Q2 (11) | 4.02 | 74.03 | 688.24 | 26.99 | 5.22 | 13.02 | 0 | 0 | 0 | 0 | 0 | 0 | 16.69 | -25.29 | 1118.25 | 2.04 | -33.77 | 1120.0 | 0.79 | -11.24 | 6.76 | 1.79 | -42.09 | -83.48 | 123.88 | -9.38 | -10.45 | 25.79 | 23.22 | 19.45 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 26.46 | 0.0 | 0.0 | 7.64 | 0.0 | 0.53 | 0 | 0 | 0 | 10.23 | 13.92 | 41.3 | 17.87 | 7.52 | 20.5 | 0 | 0 | 0 | 10.23 | 13.92 | 41.3 | 0.01 | -45.7 | -33.52 |
| 22Q1 (10) | 2.31 | 104.42 | 255.38 | 25.65 | 0.23 | 16.12 | 0 | 0 | 0 | 0 | 0 | 0 | 22.34 | 512.05 | 1530.66 | 3.08 | 516.0 | 1093.55 | 0.89 | 4.71 | 147.22 | 3.10 | -71.67 | -33.19 | 136.7 | -9.08 | 2.37 | 20.93 | 0.29 | -3.73 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 26.46 | 0.0 | 0.0 | 7.64 | 0.0 | 0.53 | 0 | 0 | 0 | 8.98 | 52.46 | 20.7 | 16.62 | 22.84 | 10.58 | 0 | 0 | 0 | 8.98 | 52.46 | 20.7 | 0.02 | 29.91 | 22.97 |
| 21Q4 (9) | 1.13 | 25.56 | -32.74 | 25.59 | 0.51 | 48.35 | 0 | 0 | 0 | 0 | 0 | 0 | 3.65 | 162.59 | 59.39 | 0.5 | 200.0 | -9.09 | 0.85 | 73.47 | 165.62 | 10.93 | 43.15 | 241.76 | 150.35 | 4.06 | 21.83 | 20.87 | -1.09 | -5.65 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 26.46 | 0.0 | 0.0 | 7.64 | 0.0 | 0.53 | 0 | 0 | 0 | 5.89 | 9.68 | -24.0 | 13.53 | 3.92 | -11.8 | 0 | 0 | 0 | 5.89 | 9.68 | -24.0 | 0.02 | -4.93 | -4.69 |
| 21Q3 (8) | 0.9 | 76.47 | -68.97 | 25.46 | 6.62 | 100.63 | 0 | 0 | 0 | 0 | 0 | 0 | 1.39 | 1.46 | -22.35 | -0.5 | -150.0 | -2400.0 | 0.49 | -33.78 | 13.95 | 7.63 | -29.66 | 175.3 | 144.49 | 4.45 | 67.21 | 21.1 | -2.27 | 6.08 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 26.46 | 0.0 | 0.0 | 7.64 | 0.53 | 0.53 | 0 | 0 | 0 | 5.37 | -25.83 | -25.31 | 13.02 | -12.2 | -11.97 | 0 | 0 | 0 | 5.37 | -25.83 | -25.31 | 0.02 | -0.88 | -0.97 |
| 21Q2 (7) | 0.51 | -21.54 | -89.22 | 23.88 | 8.1 | 70.57 | 0 | 0 | 0 | 0 | 0 | 0 | 1.37 | 0.0 | -40.95 | -0.2 | 35.48 | 13.04 | 0.74 | 105.56 | -79.33 | 10.85 | 134.19 | 0 | 138.34 | 3.6 | 78.97 | 21.59 | -0.69 | 11.46 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 26.46 | 0.0 | 0.0 | 7.6 | 0.0 | 0.0 | 0 | 0 | 0 | 7.24 | -2.69 | 0.42 | 14.83 | -1.33 | 0.2 | 0 | 0 | 0 | 7.24 | -2.69 | 0.42 | 0.02 | 0.45 | -0.07 |
| 21Q1 (6) | 0.65 | -61.31 | -89.11 | 22.09 | 28.06 | 81.51 | 0 | 0 | 0 | 0 | 0 | 0 | 1.37 | -40.17 | -62.05 | -0.31 | -156.36 | -338.46 | 0.36 | 12.5 | -89.86 | 4.63 | 44.93 | 0 | 133.53 | 8.2 | 80.96 | 21.74 | -1.72 | 11.32 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 26.46 | 0.0 | 8.0 | 7.6 | 0.0 | 5.7 | 0 | 0 | 0 | 7.44 | -4.0 | -32.49 | 15.03 | -2.02 | -17.46 | 0 | 0 | 0 | 7.44 | -4.0 | -32.49 | 0.02 | 0.69 | 2.62 |
| 20Q4 (5) | 1.68 | -42.07 | -76.54 | 17.25 | 35.93 | 63.2 | 0 | 0 | 0 | 0 | 0 | 0 | 2.29 | 27.93 | -70.6 | 0.55 | 2850.0 | -54.55 | 0.32 | -25.58 | -90.21 | 3.20 | 15.31 | 0 | 123.41 | 42.82 | 100.93 | 22.12 | 11.21 | -27.52 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 26.46 | 0.0 | 8.0 | 7.6 | 0.0 | 5.7 | 0 | 0 | 0 | 7.75 | 7.79 | -28.83 | 15.34 | 3.72 | -15.15 | 0 | 0 | 0 | 7.75 | 7.79 | -28.83 | 0.02 | -1.21 | 1.63 |
| 20Q3 (4) | 2.9 | -38.69 | 0.0 | 12.69 | -9.36 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 1.79 | -22.84 | 0.0 | -0.02 | 91.3 | 0.0 | 0.43 | -87.99 | 0.0 | 2.77 | 0 | 0.0 | 86.41 | 11.79 | 0.0 | 19.89 | 2.68 | 0.0 | 0 | 0 | 0.0 | 0.01 | 0.0 | 0.0 | 26.46 | 0.0 | 0.0 | 7.6 | 0.0 | 0.0 | 0 | 0 | 0.0 | 7.19 | -0.28 | 0.0 | 14.79 | -0.07 | 0.0 | 0 | 0 | 0.0 | 7.19 | -0.28 | 0.0 | 0.02 | 0.02 | 0.0 |
