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) | 12.48 | -24.41 | 20.14 | -43.08 | 3.25 | -68.01 | 0 | 0 | 129.66 | -15.96 | 1.35 | -85.18 | 23.37 | -8.39 | 18.02 | 9.01 | 44.24 | -20.94 | 0.52 | 20.93 | 20.65 | 366.14 | 1.13 | 156.82 | 20.12 | 0.0 | 6.7 | 15.92 | 1.35 | -47.88 | 21.34 | -9.96 | 29.39 | -8.39 | -2.61 | 0 | 18.73 | -16.2 | 0.00 | 25.26 |
| 2022 (9) | 16.51 | -2.65 | 35.38 | 27.96 | 10.16 | 1714.29 | 0 | 0 | 154.28 | 16.56 | 9.11 | -36.87 | 25.51 | -8.7 | 16.53 | -21.67 | 55.96 | 20.92 | 0.43 | 26.47 | 4.43 | -55.96 | 0.44 | -6.38 | 20.12 | 0.0 | 5.78 | 33.18 | 2.59 | 10.21 | 23.7 | 4.31 | 32.08 | 9.08 | -1.35 | 0 | 22.35 | 11.03 | 0.00 | 3.73 |
| 2021 (8) | 16.96 | -12.85 | 27.65 | 25.74 | 0.56 | -89.17 | 0 | 0 | 132.36 | 44.32 | 14.43 | 192.11 | 27.94 | 39.91 | 21.11 | -3.06 | 46.28 | 54.68 | 0.34 | 21.43 | 10.06 | -5.36 | 0.47 | 23.68 | 20.12 | 19.76 | 4.34 | 12.73 | 2.35 | -16.67 | 22.72 | 100.53 | 29.41 | 63.39 | -2.59 | 0 | 20.13 | 124.16 | 0.00 | -14.84 |
| 2020 (7) | 19.46 | 64.92 | 21.99 | 16.97 | 5.17 | 0 | 0 | 0 | 91.71 | 4.13 | 4.94 | 6.01 | 19.97 | 11.94 | 21.78 | 7.5 | 29.92 | 13.38 | 0.28 | -6.67 | 10.63 | 60.82 | 0.38 | 8.57 | 16.8 | 0.0 | 3.85 | 13.91 | 2.82 | 91.84 | 11.33 | 5.59 | 18.0 | 15.53 | -2.35 | 0 | 8.98 | 13.53 | 0.00 | 7.35 |
| 2019 (6) | 11.8 | -20.75 | 18.8 | -23.52 | 0 | 0 | 0 | 0 | 88.07 | -0.9 | 4.66 | -13.06 | 17.84 | 9.99 | 20.26 | 10.99 | 26.39 | -7.24 | 0.3 | 20.0 | 6.61 | 68.62 | 0.35 | 52.17 | 16.8 | 0.0 | 3.38 | 18.6 | 1.47 | 81.48 | 10.73 | 0.94 | 15.58 | 9.1 | -2.82 | 0 | 7.91 | -13.65 | 0.00 | 0.13 |
| 2018 (5) | 14.89 | 121.91 | 24.58 | 15.29 | 0 | 0 | 0 | 0 | 88.87 | 17.04 | 5.36 | -21.64 | 16.22 | 7.13 | 18.25 | -8.47 | 28.45 | 14.9 | 0.25 | 4.17 | 3.92 | 0 | 0.23 | 0.0 | 16.8 | 0.0 | 2.85 | 31.94 | 0.81 | 145.45 | 10.63 | 0.0 | 14.28 | 8.84 | -1.47 | 0 | 9.16 | -6.72 | 0.00 | 6.91 |
| 2017 (4) | 6.71 | -2.75 | 21.32 | 174.04 | 0 | 0 | 0 | 0 | 75.93 | 26.57 | 6.84 | 46.47 | 15.14 | 50.5 | 19.94 | 18.9 | 24.76 | 56.61 | 0.24 | 26.32 | 0 | 0 | 0.23 | 360.0 | 16.8 | 0.0 | 2.16 | 27.06 | 0.33 | 0 | 10.63 | 33.71 | 13.12 | 35.96 | -0.81 | 0 | 9.82 | 28.87 | 0.00 | 0.57 |
| 2016 (3) | 6.9 | 10.05 | 7.78 | -29.47 | 0 | 0 | 0 | 0 | 59.99 | -0.33 | 4.67 | 96.22 | 10.06 | 3.39 | 16.77 | 3.74 | 15.81 | -5.95 | 0.19 | 0.0 | 0 | 0 | 0.05 | 66.67 | 16.8 | 0.0 | 1.7 | 16.44 | 0 | 0 | 7.95 | 52.88 | 9.65 | 44.89 | -0.33 | 0 | 7.62 | 1.74 | 0.00 | -70.36 |
| 2015 (2) | 6.27 | -39.65 | 11.03 | 9.42 | 0 | 0 | 0 | 0 | 60.19 | -6.2 | 2.38 | -53.61 | 9.73 | 1.67 | 16.17 | 8.39 | 16.81 | -9.62 | 0.19 | 0.0 | 0 | 0 | 0.03 | 200.0 | 16.8 | 0.0 | 1.46 | 55.32 | 0 | 0 | 5.2 | -26.03 | 6.66 | -16.44 | 2.29 | -22.37 | 7.49 | -24.95 | 0.01 | 0.25 |
| 2014 (1) | 10.39 | 5.7 | 10.08 | -36.0 | 0 | 0 | 0 | 0 | 64.17 | 3.1 | 5.13 | 116.46 | 9.57 | 1.27 | 14.91 | -1.78 | 18.6 | 18.25 | 0.19 | 11.76 | 0 | 0 | 0.01 | -66.67 | 16.8 | 0.0 | 0.94 | 32.39 | 0 | 0 | 7.03 | 66.19 | 7.97 | 61.34 | 2.95 | 70.52 | 9.98 | 67.45 | 0.01 | -1.42 |
| 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) | 14.5 | -9.77 | 4.09 | 25.89 | 3.27 | -2.71 | 7.28 | -12.39 | -4.08 | 0 | 0 | 0 | 33.07 | 3.28 | 8.68 | 1.61 | -23.7 | -1.23 | 23.31 | 0.95 | -8.37 | 19.51 | -1.28 | 6.01 | 49.88 | 6.79 | 3.9 | 1.45 | 2.84 | 190.0 | 15.87 | 1.02 | 13.85 | 0.6 | -1.64 | 50.0 | 20.12 | 0.0 | 0.0 | 6.83 | 0.0 | 1.94 | 2.61 | 0.0 | 93.33 | 22.81 | 7.59 | 1.02 | 32.25 | 5.22 | 5.32 | 0.05 | 105.68 | 103.88 | 22.86 | 12.5 | 7.37 | 0.00 | 7.1 | 30.52 |
| 24Q2 (19) | 16.07 | 4.76 | -31.91 | 25.07 | 6.68 | -17.34 | 8.31 | 37.13 | -22.34 | 0 | 0 | 0 | 32.02 | 24.45 | -11.86 | 2.11 | 80.34 | 189.04 | 23.09 | 7.45 | -10.81 | 19.76 | 11.41 | 12.1 | 46.71 | 2.12 | -3.43 | 1.41 | 151.79 | 206.52 | 15.71 | -21.25 | 36.02 | 0.61 | 3.39 | 56.41 | 20.12 | 0.0 | 0.0 | 6.83 | 1.94 | 1.94 | 2.61 | 93.33 | 93.33 | 21.2 | -5.82 | 1.19 | 30.65 | 0.33 | 5.73 | -0.88 | 38.46 | 72.67 | 20.32 | -3.61 | 14.61 | 0.00 | 2.84 | 20.96 |
| 24Q1 (18) | 15.34 | 22.92 | -33.33 | 23.5 | 16.68 | -30.27 | 6.06 | 86.46 | -40.82 | 0 | 0 | 0 | 25.73 | -10.22 | -24.85 | 1.17 | 196.69 | 457.14 | 21.49 | -8.04 | -17.73 | 17.74 | -1.59 | 2.4 | 45.74 | 3.39 | -17.91 | 0.56 | 7.69 | 27.27 | 19.95 | -3.39 | 61.67 | 0.59 | -47.79 | 40.48 | 20.12 | 0.0 | 0.0 | 6.7 | 0.0 | 15.92 | 1.35 | 0.0 | -47.88 | 22.51 | 5.48 | -5.86 | 30.55 | 3.95 | -5.39 | -1.43 | 45.21 | -38.83 | 21.08 | 12.55 | -7.87 | 0.00 | -3.45 | 21.86 |
| 23Q4 (17) | 12.48 | -10.41 | -24.41 | 20.14 | -24.31 | -43.08 | 3.25 | -57.18 | -68.01 | 0 | 0 | 0 | 28.66 | -5.82 | -23.02 | -1.21 | -174.23 | -164.71 | 23.37 | -8.14 | -8.39 | 18.02 | -2.07 | 9.01 | 44.24 | -7.85 | -20.94 | 0.52 | 4.0 | 20.93 | 20.65 | 48.13 | 366.14 | 1.13 | 182.5 | 156.82 | 20.12 | 0.0 | 0.0 | 6.7 | 0.0 | 15.92 | 1.35 | 0.0 | -47.88 | 21.34 | -5.49 | -9.96 | 29.39 | -4.02 | -8.39 | -2.61 | -102.33 | -93.33 | 18.73 | -12.02 | -16.2 | 0.00 | 22.73 | 25.26 |
| 23Q3 (16) | 13.93 | -40.97 | -26.06 | 26.61 | -12.27 | -22.22 | 7.59 | -29.07 | 34.57 | 0 | 0 | 0 | 30.43 | -16.24 | -22.09 | 1.63 | 123.29 | 1353.85 | 25.44 | -1.74 | -2.12 | 18.40 | 4.4 | 10.57 | 48.01 | -0.74 | -9.38 | 0.5 | 8.7 | 21.95 | 13.94 | 20.69 | 71.04 | 0.4 | 2.56 | -13.04 | 20.12 | 0.0 | 0.0 | 6.7 | 0.0 | 15.92 | 1.35 | 0.0 | -47.88 | 22.58 | 7.78 | 3.44 | 30.62 | 5.62 | 1.36 | -1.29 | 59.94 | -268.57 | 21.29 | 20.08 | -0.88 | 0.00 | -0.74 | 0.77 |
| 23Q2 (15) | 23.6 | 2.56 | 3.83 | 30.33 | -10.0 | -7.08 | 10.7 | 4.49 | 424.51 | 0 | 0 | 0 | 36.33 | 6.1 | -9.76 | 0.73 | 247.62 | -83.48 | 25.89 | -0.88 | -2.74 | 17.63 | 1.77 | 1.54 | 48.37 | -13.19 | -11.05 | 0.46 | 4.55 | 21.05 | 11.55 | -6.4 | 2.85 | 0.39 | -7.14 | -17.02 | 20.12 | 0.0 | 0.0 | 6.7 | 15.92 | 15.92 | 1.35 | -47.88 | -47.88 | 20.95 | -12.38 | -4.6 | 28.99 | -10.22 | -4.45 | -3.22 | -212.62 | -200.93 | 17.73 | -22.51 | -15.13 | 0.00 | 3.61 | -3.72 |
| 23Q1 (14) | 23.01 | 39.37 | 6.77 | 33.7 | -4.75 | 12.22 | 10.24 | 0.79 | 848.15 | 0 | 0 | 0 | 34.24 | -8.03 | -9.27 | 0.21 | -88.77 | -92.88 | 26.12 | 2.39 | 2.27 | 17.32 | 4.77 | -1.36 | 55.72 | -0.43 | 16.47 | 0.44 | 2.33 | 22.22 | 12.34 | 178.56 | 19.11 | 0.42 | -4.55 | -10.64 | 20.12 | 0.0 | 0.0 | 5.78 | 0.0 | 33.18 | 2.59 | 0.0 | 10.21 | 23.91 | 0.89 | -6.86 | 32.29 | 0.65 | -0.22 | -1.03 | 23.7 | -543.75 | 22.88 | 2.37 | -10.31 | 0.00 | -0.76 | 6.14 |
| 22Q4 (13) | 16.51 | -12.37 | -2.65 | 35.38 | 3.42 | 27.96 | 10.16 | 80.14 | 1714.29 | 0 | 0 | 0 | 37.23 | -4.69 | -4.73 | 1.87 | 1538.46 | -56.41 | 25.51 | -1.85 | -8.7 | 16.53 | -0.67 | -21.67 | 55.96 | 5.62 | 20.92 | 0.43 | 4.88 | 26.47 | 4.43 | -45.64 | -55.96 | 0.44 | -4.35 | -6.38 | 20.12 | 0.0 | 0.0 | 5.78 | 0.0 | 33.18 | 2.59 | 0.0 | 10.21 | 23.7 | 8.57 | 4.31 | 32.08 | 6.19 | 9.08 | -1.35 | -285.71 | 47.88 | 22.35 | 4.05 | 11.03 | 0.00 | -1.27 | 3.73 |
| 22Q3 (12) | 18.84 | -17.11 | -5.89 | 34.21 | 4.81 | 22.44 | 5.64 | 176.47 | 2463.64 | 0 | 0 | 0 | 39.06 | -2.98 | 7.78 | -0.13 | -102.94 | -102.47 | 25.99 | -2.37 | 2.12 | 16.65 | -4.13 | -21.02 | 52.98 | -2.57 | 24.51 | 0.41 | 7.89 | 28.12 | 8.15 | -27.43 | -18.91 | 0.46 | -2.13 | -2.13 | 20.12 | 0.0 | 0.0 | 5.78 | 0.0 | 33.18 | 2.59 | 0.0 | 10.21 | 21.83 | -0.59 | 18.45 | 30.21 | -0.43 | 20.26 | -0.35 | 67.29 | 88.6 | 21.48 | 2.82 | 39.84 | 0.00 | -5.16 | 8.21 |
| 22Q2 (11) | 22.73 | 5.48 | 108.72 | 32.64 | 8.69 | 41.36 | 2.04 | 88.89 | -49.63 | 0 | 0 | 0 | 40.26 | 6.68 | 24.37 | 4.42 | 49.83 | 54.55 | 26.62 | 4.23 | 18.26 | 17.36 | -1.14 | -15.87 | 54.38 | 13.67 | 50.35 | 0.38 | 5.56 | 22.58 | 11.23 | 8.4 | 27.47 | 0.47 | 0.0 | 20.51 | 20.12 | 0.0 | 19.55 | 5.78 | 33.18 | 33.18 | 2.59 | 10.21 | 10.21 | 21.96 | -14.45 | 66.87 | 30.34 | -6.24 | 52.85 | -1.07 | -568.75 | 64.69 | 20.89 | -18.11 | 106.22 | 0.00 | 14.22 | -14.13 |
| 22Q1 (10) | 21.55 | 27.06 | 52.08 | 30.03 | 8.61 | 54.48 | 1.08 | 92.86 | -72.93 | 0 | 0 | 0 | 37.74 | -3.43 | 52.98 | 2.95 | -31.24 | 46.04 | 25.54 | -8.59 | 35.35 | 17.56 | -16.8 | -6.57 | 47.84 | 3.37 | 45.37 | 0.36 | 5.88 | 28.57 | 10.36 | 2.98 | 0.29 | 0.47 | 0.0 | 20.51 | 20.12 | 0.0 | 19.76 | 4.34 | 0.0 | 12.73 | 2.35 | 0.0 | -16.67 | 25.67 | 12.98 | 92.28 | 32.36 | 10.03 | 61.64 | -0.16 | 93.82 | 93.96 | 25.51 | 26.73 | 138.41 | 0.00 | -3.01 | -19.38 |
| 21Q4 (9) | 16.96 | -15.28 | -12.85 | 27.65 | -1.04 | 25.74 | 0.56 | 154.55 | -89.17 | 0 | 0 | 0 | 39.08 | 7.84 | 42.26 | 4.29 | -18.44 | 123.44 | 27.94 | 9.78 | 39.91 | 21.11 | 0.15 | -3.07 | 46.28 | 8.77 | 54.68 | 0.34 | 6.25 | 21.43 | 10.06 | 0.1 | -5.36 | 0.47 | 0.0 | 23.68 | 20.12 | 0.0 | 19.76 | 4.34 | 0.0 | 12.73 | 2.35 | 0.0 | -16.67 | 22.72 | 23.28 | 100.53 | 29.41 | 17.08 | 63.39 | -2.59 | 15.64 | -10.21 | 20.13 | 31.05 | 124.16 | 0.00 | 2.99 | -14.84 |
| 21Q3 (8) | 20.02 | 83.84 | 103.87 | 27.94 | 21.0 | 53.26 | 0.22 | -94.57 | -95.09 | 0 | 0 | 0 | 36.24 | 11.96 | 47.56 | 5.26 | 83.92 | 226.71 | 25.45 | 13.06 | 46.6 | 21.08 | 2.12 | 5.5 | 42.55 | 17.64 | 51.37 | 0.32 | 3.23 | 0.0 | 10.05 | 14.07 | 117.53 | 0.47 | 20.51 | 23.68 | 20.12 | 19.55 | 19.76 | 4.34 | 0.0 | 12.73 | 2.35 | 0.0 | -16.67 | 18.43 | 40.05 | 96.06 | 25.12 | 26.55 | 56.32 | -3.07 | -1.32 | 4.66 | 15.36 | 51.63 | 148.54 | 0.00 | -24.74 | -11.03 |
| 21Q2 (7) | 10.89 | -23.15 | -33.23 | 23.09 | 18.78 | 14.02 | 4.05 | 1.5 | 726.53 | 0 | 0 | 0 | 32.37 | 31.21 | 36.64 | 2.86 | 41.58 | 126.98 | 22.51 | 19.29 | 41.31 | 20.64 | 9.8 | 0 | 36.17 | 9.91 | 33.67 | 0.31 | 10.71 | -3.12 | 8.81 | -14.71 | 47.32 | 0.39 | 0.0 | 8.33 | 16.83 | 0.18 | 0.18 | 4.34 | 12.73 | 12.73 | 2.35 | -16.67 | -16.67 | 13.16 | -1.42 | 68.93 | 19.85 | -0.85 | 37.28 | -3.03 | -14.34 | 20.26 | 10.13 | -5.33 | 153.88 | 0.00 | 7.24 | 11.56 |
| 21Q1 (6) | 14.17 | -27.18 | -13.65 | 19.44 | -11.6 | 1.41 | 3.99 | -22.82 | 0 | 0 | 0 | 0 | 24.67 | -10.19 | 54.38 | 2.02 | 5.21 | 1342.86 | 18.87 | -5.51 | 34.79 | 18.80 | -13.69 | 0 | 32.91 | 9.99 | 31.8 | 0.28 | 0.0 | -3.45 | 10.33 | -2.82 | 56.75 | 0.39 | 2.63 | 14.71 | 16.8 | 0.0 | 0.0 | 3.85 | 0.0 | 13.91 | 2.82 | 0.0 | 91.84 | 13.35 | 17.83 | 22.82 | 20.02 | 11.22 | 27.27 | -2.65 | -12.77 | 17.96 | 10.7 | 19.15 | 40.05 | 0.00 | 2.45 | 9.24 |
| 20Q4 (5) | 19.46 | 98.17 | 64.92 | 21.99 | 20.63 | 16.97 | 5.17 | 15.4 | 0 | 0 | 0 | 0 | 27.47 | 11.85 | 21.17 | 1.92 | 19.25 | 23.08 | 19.97 | 15.03 | 11.94 | 21.78 | 9.01 | 0 | 29.92 | 6.44 | 13.38 | 0.28 | -12.5 | -6.67 | 10.63 | 130.09 | 60.82 | 0.38 | 0.0 | 8.57 | 16.8 | 0.0 | 0.0 | 3.85 | 0.0 | 13.91 | 2.82 | 0.0 | 91.84 | 11.33 | 20.53 | 5.59 | 18.0 | 12.01 | 15.53 | -2.35 | 27.02 | 16.67 | 8.98 | 45.31 | 13.53 | 0.00 | 7.59 | 7.35 |
| 20Q3 (4) | 9.82 | -39.79 | 0.0 | 18.23 | -9.98 | 0.0 | 4.48 | 814.29 | 0.0 | 0 | 0 | 0.0 | 24.56 | 3.67 | 0.0 | 1.61 | 27.78 | 0.0 | 17.36 | 8.98 | 0.0 | 19.98 | 0 | 0.0 | 28.11 | 3.88 | 0.0 | 0.32 | 0.0 | 0.0 | 4.62 | -22.74 | 0.0 | 0.38 | 5.56 | 0.0 | 16.8 | 0.0 | 0.0 | 3.85 | 0.0 | 0.0 | 2.82 | 0.0 | 0.0 | 9.4 | 20.67 | 0.0 | 16.07 | 11.13 | 0.0 | -3.22 | 15.26 | 0.0 | 6.18 | 54.89 | 0.0 | 0.00 | -5.62 | 0.0 |
