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) | 5.43 | 18.04 | 11.49 | 3.23 | 4.01 | -8.45 | 0 | 0 | 32.65 | -8.21 | -0.99 | 0 | 7.28 | -6.19 | 22.30 | 2.2 | 7.7 | -15.66 | 0.88 | 0 | 2.41 | 8.07 | 1.52 | -7.88 | 3.93 | 5.36 | 0.19 | 0.0 | 0.54 | 0.0 | -0.87 | 0 | -0.14 | 0 | -0.74 | 0 | -1.61 | 0 | 0.48 | 0.42 |
| 2022 (9) | 4.6 | -0.43 | 11.13 | 20.32 | 4.38 | 403.45 | 0 | 0 | 35.57 | 30.82 | -0.61 | 0 | 7.76 | -0.89 | 21.82 | -24.24 | 9.13 | 16.75 | 0 | 0 | 2.23 | -42.53 | 1.65 | -1.79 | 3.73 | 0.0 | 0.19 | 171.43 | 0.54 | -3.57 | 0.12 | -90.08 | 0.85 | -53.8 | -0.36 | 0 | -0.24 | 0 | 0.48 | 20.44 |
| 2021 (8) | 4.62 | 57.68 | 9.25 | 106.47 | 0.87 | 2.35 | 0 | 0 | 27.19 | 169.21 | 1.18 | 306.9 | 7.83 | 140.18 | 28.80 | -10.78 | 7.82 | 435.62 | 0 | 0 | 3.88 | 162.16 | 1.68 | 9.09 | 3.73 | 4.48 | 0.07 | 75.0 | 0.56 | -3.45 | 1.21 | 317.24 | 1.84 | 104.44 | -0.54 | 0 | 0.67 | 0 | 0.40 | 141.61 |
| 2020 (7) | 2.93 | -9.29 | 4.48 | 227.01 | 0.85 | 0 | 0 | 0 | 10.1 | 1.51 | 0.29 | 26.09 | 3.26 | 63.82 | 32.28 | 61.39 | 1.46 | -3.95 | 0 | 0 | 1.48 | 0 | 1.54 | 15300.0 | 3.57 | 0.0 | 0.04 | 100.0 | 0.58 | 56.76 | 0.29 | 26.09 | 0.9 | 45.16 | -0.56 | 0 | -0.27 | 0 | 0.17 | -9.01 |
| 2019 (6) | 3.23 | 24.23 | 1.37 | 14.17 | 0 | 0 | 0 | 0 | 9.95 | -4.88 | 0.23 | 21.05 | 1.99 | -1.97 | 20.00 | 3.05 | 1.52 | -27.96 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | 3.57 | 0.0 | 0.02 | 0 | 0.37 | 42.31 | 0.23 | 21.05 | 0.62 | 37.78 | -0.65 | 0 | -0.42 | 0 | 0.18 | 9.02 |
| 2018 (5) | 2.6 | 29.35 | 1.2 | 4.35 | 0 | 0 | 0 | 0 | 10.46 | 8.39 | 0.19 | 0 | 2.03 | -16.8 | 19.41 | -23.25 | 2.11 | 11.05 | 0 | 0 | 0 | 0 | 0.01 | -50.0 | 3.57 | 16.29 | 0 | 0 | 0.26 | 85.71 | 0.19 | 0 | 0.45 | 0 | -0.37 | 0 | -0.18 | 0 | 0.17 | -10.78 |
| 2017 (4) | 2.01 | -11.84 | 1.15 | -39.15 | 0 | 0 | 0 | 0 | 9.65 | -5.21 | -0.63 | 0 | 2.44 | -6.51 | 25.28 | -1.38 | 1.9 | 29.25 | 0 | 0 | 0 | 0 | 0.02 | 0.0 | 3.07 | 12.87 | 0.06 | 20.0 | 0.14 | 0 | -0.51 | 0 | -0.3 | 0 | -0.26 | 0 | -0.77 | 0 | 0.19 | -9.15 |
| 2016 (3) | 2.28 | 3.17 | 1.89 | -40.75 | 0 | 0 | 0 | 0 | 10.18 | -12.69 | 0.11 | -69.44 | 2.61 | -8.1 | 25.64 | 5.26 | 1.47 | 12.21 | 0 | 0 | 0 | 0 | 0.02 | 0.0 | 2.72 | 13.33 | 0.05 | 0 | 0 | 0 | 0.33 | -38.89 | 0.38 | -29.63 | -0.14 | 0 | 0.19 | -78.89 | 0.21 | 3.91 |
| 2015 (2) | 2.21 | 78.23 | 3.19 | 3.57 | 0 | 0 | 0 | 0 | 11.66 | -4.82 | 0.36 | 5.88 | 2.84 | 9.65 | 24.36 | 15.2 | 1.31 | -50.94 | 0 | 0 | 0 | 0 | 0.02 | -33.33 | 2.4 | 0.0 | 0 | 0 | 0 | 0 | 0.54 | 25.58 | 0.54 | 25.58 | 0.36 | -26.53 | 0.9 | -2.17 | 0.20 | 0.27 |
| 2014 (1) | 1.24 | 33.33 | 3.08 | 55.56 | 0 | 0 | 0 | 0 | 12.25 | -10.19 | 0.34 | 3.03 | 2.59 | -16.99 | 21.14 | -7.57 | 2.67 | 14.59 | 0 | 0 | 0 | 0 | 0.03 | 50.0 | 2.4 | -50.0 | 0 | 0 | 0 | 0 | 0.43 | -24.56 | 0.43 | -24.56 | 0.49 | 88.46 | 0.92 | 10.84 | 0.20 | 11.3 |
| 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) | 2.59 | -24.93 | -43.94 | 11.99 | 4.81 | 2.57 | 1.51 | -61.08 | -51.91 | 0 | 0 | 0 | 8.17 | 1.36 | 7.22 | 0.04 | 114.29 | 180.0 | 8.78 | 8.4 | 11.85 | 25.82 | 6.64 | 7.93 | 5.74 | -5.12 | -32.31 | 1.21 | -2.42 | 35.96 | 2.74 | 9.16 | -8.97 | 1.46 | -0.68 | -6.41 | 4.05 | 0.0 | 3.05 | 0.19 | 0.0 | 0.0 | 0.54 | 0.0 | 0.0 | -0.79 | 19.39 | -41.07 | -0.06 | 76.92 | -135.29 | -1.1 | -111.54 | -77.42 | -1.89 | -26.0 | -60.17 | 0.49 | 3.84 | 4.17 |
| 24Q2 (19) | 3.45 | -6.5 | -43.35 | 11.44 | 2.97 | -9.78 | 3.88 | -3.48 | -0.51 | 0 | 0 | 0 | 8.06 | -12.58 | -7.25 | -0.28 | -275.0 | -40.0 | 8.1 | 10.5 | 22.36 | 24.21 | 12.59 | 28.57 | 6.05 | -12.95 | -41.03 | 1.24 | 42.53 | 0 | 2.51 | -2.33 | -20.32 | 1.47 | -2.0 | -7.55 | 4.05 | 3.05 | 3.05 | 0.19 | 0.0 | 0.0 | 0.54 | 0.0 | 0.0 | -0.98 | -40.0 | -92.16 | -0.26 | -1400.0 | -218.18 | -0.52 | 20.0 | 33.33 | -1.5 | -11.11 | -16.28 | 0.48 | -1.28 | 0.78 |
| 24Q1 (18) | 3.69 | -32.04 | -40.39 | 11.11 | -3.31 | -17.21 | 4.02 | 0.25 | -6.94 | 0 | 0 | 0 | 9.22 | 7.71 | 18.36 | 0.16 | 151.61 | 136.36 | 7.33 | 0.69 | 19.97 | 21.50 | -3.54 | 22.15 | 6.95 | -9.74 | -28.13 | 0.87 | -1.14 | 0 | 2.57 | 6.64 | -21.41 | 1.5 | -1.32 | -6.83 | 3.93 | 0.0 | 5.36 | 0.19 | 0.0 | 0.0 | 0.54 | 0.0 | 0.0 | -0.7 | 19.54 | -125.81 | 0.02 | 114.29 | -95.12 | -0.65 | 12.16 | -71.05 | -1.35 | 16.15 | -95.65 | 0.48 | -0.39 | -2.71 |
| 23Q4 (17) | 5.43 | 17.53 | 18.04 | 11.49 | -1.71 | 3.23 | 4.01 | 27.71 | -8.45 | 0 | 0 | 0 | 8.56 | 12.34 | -1.83 | -0.31 | -520.0 | 41.51 | 7.28 | -7.26 | -6.19 | 22.29 | -6.81 | 2.17 | 7.7 | -9.2 | -15.66 | 0.88 | -1.12 | 0 | 2.41 | -19.93 | 8.07 | 1.52 | -2.56 | -7.88 | 3.93 | 0.0 | 5.36 | 0.19 | 0.0 | 0.0 | 0.54 | 0.0 | 0.0 | -0.87 | -55.36 | -825.0 | -0.14 | -182.35 | -116.47 | -0.74 | -19.35 | -105.56 | -1.61 | -36.44 | -570.83 | 0.48 | 2.02 | 0.42 |
| 23Q3 (16) | 4.62 | -24.14 | 94.94 | 11.69 | -7.81 | -1.52 | 3.14 | -19.49 | -26.98 | 0 | 0 | 0 | 7.62 | -12.31 | -23.49 | -0.05 | 75.0 | -350.0 | 7.85 | 18.58 | -3.8 | 23.92 | 27.03 | 10.3 | 8.48 | -17.35 | -19.24 | 0.89 | 0 | 0 | 3.01 | -4.44 | 91.72 | 1.56 | -1.89 | -8.77 | 3.93 | 0.0 | 5.36 | 0.19 | 0.0 | 0.0 | 0.54 | 0.0 | 0.0 | -0.56 | -9.8 | -186.15 | 0.17 | -22.73 | -87.68 | -0.62 | 20.51 | -51.22 | -1.18 | 8.53 | -591.67 | 0.47 | 0.46 | 1.99 |
| 23Q2 (15) | 6.09 | -1.62 | 93.33 | 12.68 | -5.51 | 24.31 | 3.9 | -9.72 | 310.53 | 0 | 0 | 0 | 8.69 | 11.55 | 5.46 | -0.2 | 54.55 | -300.0 | 6.62 | 8.35 | -0.45 | 18.83 | 6.96 | -3.03 | 10.26 | 6.1 | 11.16 | 0 | 0 | 0 | 3.15 | -3.67 | -23.91 | 1.59 | -1.24 | -2.45 | 3.93 | 5.36 | 5.36 | 0.19 | 0.0 | 0.0 | 0.54 | 0.0 | 0.0 | -0.51 | -64.52 | -180.95 | 0.22 | -46.34 | -83.82 | -0.78 | -105.26 | -358.82 | -1.29 | -86.96 | -380.43 | 0.47 | -4.71 | 13.2 |
| 23Q1 (14) | 6.19 | 34.57 | 123.47 | 13.42 | 20.58 | 31.96 | 4.32 | -1.37 | 483.78 | 0 | 0 | 0 | 7.79 | -10.67 | -9.94 | -0.44 | 16.98 | -109.52 | 6.11 | -21.26 | -12.09 | 17.60 | -19.31 | -19.48 | 9.67 | 5.91 | 14.71 | 0 | 0 | 0 | 3.27 | 46.64 | -12.57 | 1.61 | -2.42 | -1.83 | 3.73 | 0.0 | 0.0 | 0.19 | 0.0 | 171.43 | 0.54 | 0.0 | -3.57 | -0.31 | -358.33 | -131.0 | 0.41 | -51.76 | -74.85 | -0.38 | -5.56 | -26.67 | -0.69 | -187.5 | -198.57 | 0.50 | 2.82 | 20.43 |
| 22Q4 (13) | 4.6 | 94.09 | -0.43 | 11.13 | -6.23 | 20.32 | 4.38 | 1.86 | 403.45 | 0 | 0 | 0 | 8.72 | -12.45 | -19.11 | -0.53 | -2750.0 | -270.97 | 7.76 | -4.9 | -0.89 | 21.82 | 0.61 | -24.24 | 9.13 | -13.05 | 16.75 | 0 | 0 | 0 | 2.23 | 42.04 | -42.53 | 1.65 | -3.51 | -1.79 | 3.73 | 0.0 | 0.0 | 0.19 | 0.0 | 171.43 | 0.54 | 0.0 | -3.57 | 0.12 | -81.54 | -90.08 | 0.85 | -38.41 | -53.8 | -0.36 | 12.2 | 33.33 | -0.24 | -200.0 | -135.82 | 0.48 | 3.62 | 20.44 |
| 22Q3 (12) | 2.37 | -24.76 | -23.05 | 11.87 | 16.37 | 74.05 | 4.3 | 352.63 | 330.0 | 0 | 0 | 0 | 9.96 | 20.87 | 51.37 | 0.02 | -80.0 | -92.0 | 8.16 | 22.71 | 2.9 | 21.68 | 11.69 | -46.02 | 10.5 | 13.76 | 60.31 | 0 | 0 | 0 | 1.57 | -62.08 | -61.04 | 1.71 | 4.91 | -0.58 | 3.73 | 0.0 | 0.27 | 0.19 | 0.0 | 171.43 | 0.54 | 0.0 | -3.57 | 0.65 | 3.17 | -27.78 | 1.38 | 1.47 | -9.8 | -0.41 | -141.18 | 28.07 | 0.24 | -47.83 | -27.27 | 0.46 | 11.5 | 16.46 |
| 22Q2 (11) | 3.15 | 13.72 | 18.42 | 10.2 | 0.29 | 126.16 | 0.95 | 28.38 | -5.94 | 0 | 0 | 0 | 8.24 | -4.74 | 42.56 | 0.1 | 147.62 | -82.46 | 6.65 | -4.32 | 83.7 | 19.42 | -11.19 | -13.38 | 9.23 | 9.49 | 363.82 | 0 | 0 | 0 | 4.14 | 10.7 | 263.16 | 1.63 | -0.61 | 10.88 | 3.73 | 0.0 | 4.48 | 0.19 | 171.43 | 375.0 | 0.54 | -3.57 | -6.9 | 0.63 | -37.0 | -30.77 | 1.36 | -16.56 | -11.11 | -0.17 | 43.33 | 70.69 | 0.46 | -34.29 | 39.39 | 0.42 | 1.38 | 163.44 |
| 22Q1 (10) | 2.77 | -40.04 | -4.81 | 10.17 | 9.95 | 139.29 | 0.74 | -14.94 | -23.71 | 0 | 0 | 0 | 8.65 | -19.76 | 113.58 | -0.21 | -167.74 | -450.0 | 6.95 | -11.24 | 115.84 | 21.86 | -24.08 | -13.98 | 8.43 | 7.8 | 358.15 | 0 | 0 | 0 | 3.74 | -3.61 | 172.99 | 1.64 | -2.38 | 8.61 | 3.73 | 0.0 | 4.48 | 0.07 | 0.0 | 75.0 | 0.56 | 0.0 | -3.45 | 1.0 | -17.36 | 194.12 | 1.63 | -11.41 | 69.79 | -0.3 | 44.44 | 48.28 | 0.7 | 4.48 | 391.67 | 0.41 | 2.82 | 149.43 |
| 21Q4 (9) | 4.62 | 50.0 | 57.68 | 9.25 | 35.63 | 106.47 | 0.87 | -13.0 | 2.35 | 0 | 0 | 0 | 10.78 | 63.83 | 223.72 | 0.31 | 24.0 | 342.86 | 7.83 | -1.26 | 140.18 | 28.80 | -28.32 | -10.69 | 7.82 | 19.39 | 435.62 | 0 | 0 | 0 | 3.88 | -3.72 | 162.16 | 1.68 | -2.33 | 9.09 | 3.73 | 0.27 | 4.48 | 0.07 | 0.0 | 75.0 | 0.56 | 0.0 | -3.45 | 1.21 | 34.44 | 317.24 | 1.84 | 20.26 | 104.44 | -0.54 | 5.26 | 3.57 | 0.67 | 103.03 | 348.15 | 0.40 | 0.2 | 141.61 |
| 21Q3 (8) | 3.08 | 15.79 | 32.76 | 6.82 | 51.22 | 78.53 | 1.0 | -0.99 | 0 | 0 | 0 | 0 | 6.58 | 13.84 | 120.07 | 0.25 | -56.14 | -30.56 | 7.93 | 119.06 | 167.0 | 40.17 | 79.22 | 24.44 | 6.55 | 229.15 | 455.08 | 0 | 0 | -100.0 | 4.03 | 253.51 | 363.22 | 1.72 | 17.01 | 8.86 | 3.72 | 4.2 | 4.2 | 0.07 | 75.0 | 75.0 | 0.56 | -3.45 | -3.45 | 0.9 | -1.1 | 309.09 | 1.53 | 0.0 | 82.14 | -0.57 | 1.72 | 17.39 | 0.33 | 0.0 | 170.21 | 0.40 | 152.22 | 137.57 |
| 21Q2 (7) | 2.66 | -8.59 | -27.91 | 4.51 | 6.12 | 74.13 | 1.01 | 4.12 | 0 | 0 | 0 | 0 | 5.78 | 42.72 | 151.3 | 0.57 | 850.0 | 5600.0 | 3.62 | 12.42 | 58.08 | 22.41 | -11.8 | 0 | 1.99 | 8.15 | 64.46 | 0 | 0 | 0 | 1.14 | -16.79 | 0 | 1.47 | -2.65 | 14600.0 | 3.57 | 0.0 | 0.0 | 0.04 | 0.0 | 0.0 | 0.58 | 0.0 | 0.0 | 0.91 | 167.65 | 750.0 | 1.53 | 59.38 | 218.75 | -0.58 | 0.0 | 26.58 | 0.33 | 237.5 | 135.48 | 0.16 | -4.01 | -9.82 |
| 21Q1 (6) | 2.91 | -0.68 | -17.09 | 4.25 | -5.13 | 119.07 | 0.97 | 14.12 | 0 | 0 | 0 | 0 | 4.05 | 21.62 | 171.81 | 0.06 | -14.29 | 140.0 | 3.22 | -1.23 | 73.12 | 25.41 | -21.18 | 0 | 1.84 | 26.03 | 14.29 | 0 | 0 | 0 | 1.37 | -7.43 | 0 | 1.51 | -1.95 | 15000.0 | 3.57 | 0.0 | 0.0 | 0.04 | 0.0 | 100.0 | 0.58 | 0.0 | 56.76 | 0.34 | 17.24 | 325.0 | 0.96 | 6.67 | 104.26 | -0.58 | -3.57 | 14.71 | -0.24 | 11.11 | 60.0 | 0.16 | -0.4 | -10.47 |
| 20Q4 (5) | 2.93 | 26.29 | -9.29 | 4.48 | 17.28 | 227.01 | 0.85 | 0 | 0 | 0 | 0 | 0 | 3.33 | 11.37 | 37.6 | 0.07 | -80.56 | 0.0 | 3.26 | 9.76 | 63.82 | 32.25 | -0.12 | 0 | 1.46 | 23.73 | -3.95 | 0 | -100.0 | 0 | 1.48 | 70.11 | 0 | 1.54 | -2.53 | 15300.0 | 3.57 | 0.0 | 0.0 | 0.04 | 0.0 | 100.0 | 0.58 | 0.0 | 56.76 | 0.29 | 31.82 | 26.09 | 0.9 | 7.14 | 45.16 | -0.56 | 18.84 | 13.85 | -0.27 | 42.55 | 35.71 | 0.17 | -1.48 | -9.01 |
| 20Q3 (4) | 2.32 | -37.13 | 0.0 | 3.82 | 47.49 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 2.99 | 30.0 | 0.0 | 0.36 | 3500.0 | 0.0 | 2.97 | 29.69 | 0.0 | 32.28 | 0 | 0.0 | 1.18 | -2.48 | 0.0 | 0.05 | 0 | 0.0 | 0.87 | 0 | 0.0 | 1.58 | 15700.0 | 0.0 | 3.57 | 0.0 | 0.0 | 0.04 | 0.0 | 0.0 | 0.58 | 0.0 | 0.0 | 0.22 | 257.14 | 0.0 | 0.84 | 75.0 | 0.0 | -0.69 | 12.66 | 0.0 | -0.47 | 49.46 | 0.0 | 0.17 | -4.26 | 0.0 |
