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) | 33.84 | -37.04 | 8.42 | -17.61 | 35.97 | -16.11 | 0 | 0 | 34.61 | -48.47 | -4.76 | 0 | 0.28 | -44.0 | 0.81 | 8.67 | 0 | 0 | 0.41 | 46.43 | 55.34 | -28.59 | 0 | 0 | 38.93 | 5.42 | 4.6 | 78.99 | 0.43 | -96.24 | 18.82 | -7.34 | 23.85 | -30.51 | -0.62 | 0 | 18.2 | -8.45 | 0.02 | 212.49 |
| 2022 (9) | 53.75 | 5.77 | 10.22 | -16.37 | 42.88 | 29.74 | 0 | 0 | 67.16 | 21.38 | 20.29 | 1.3 | 0.5 | 4.17 | 0.74 | -14.18 | 0 | 0 | 0.28 | 0 | 77.5 | -32.97 | 0 | 0 | 36.93 | 12.15 | 2.57 | 350.88 | 11.43 | 0 | 20.31 | 1.4 | 34.32 | 66.6 | -0.43 | 0 | 19.88 | 131.16 | 0.01 | -69.86 |
| 2021 (8) | 50.82 | 1258.82 | 12.22 | -41.28 | 33.05 | 372.82 | 0 | 0 | 55.33 | 107.15 | 20.03 | 0 | 0.48 | 2.13 | 0.87 | -50.7 | 0 | 0 | 0 | 0 | 115.62 | -19.3 | 0 | 0 | 32.93 | 17.9 | 0.57 | -96.15 | 0 | 0 | 20.03 | 0 | 20.6 | 3514.04 | -11.43 | 0 | 8.6 | 0 | 0.02 | -24.29 |
| 2020 (7) | 3.74 | -9.66 | 20.81 | -2.02 | 6.99 | -62.56 | 0 | 0 | 26.71 | -29.78 | -9.12 | 0 | 0.47 | 27.03 | 1.76 | 80.91 | 0 | 0 | 0 | 0 | 143.28 | 0.36 | 0 | 0 | 27.93 | 0.0 | 14.8 | 0.0 | 0 | 0 | -14.23 | 0 | 0.57 | -94.12 | -9.59 | 0 | -23.82 | 0 | 0.03 | -25.91 |
| 2019 (6) | 4.14 | 10.99 | 21.24 | 5.94 | 18.67 | -44.73 | 0 | 0 | 38.04 | -5.47 | -3.53 | 0 | 0.37 | -31.48 | 0.97 | -27.52 | 0 | 0 | 0 | 0 | 142.76 | 1.18 | 0 | 0 | 27.93 | 0.0 | 14.8 | 0.0 | 0 | 0 | -5.1 | 0 | 9.69 | -26.7 | -6.58 | 0 | -11.68 | 0 | 0.04 | -22.66 |
| 2018 (5) | 3.73 | 2.19 | 20.05 | 33.85 | 33.78 | 21.82 | 0 | 0 | 40.24 | 15.0 | -1.51 | 0 | 0.54 | 3.85 | 1.34 | -9.7 | 0 | 0 | 0 | 0 | 141.1 | -17.76 | 0 | 0 | 27.93 | -34.07 | 14.8 | 0.0 | 0 | 0 | -1.58 | 0 | 13.22 | 3472.97 | -4.81 | 0 | -6.39 | 0 | 0.06 | -29.41 |
| 2017 (4) | 3.65 | 30.82 | 14.98 | 32.8 | 27.73 | 100.8 | 0 | 0 | 34.99 | -0.68 | -20.34 | 0 | 0.52 | -24.64 | 1.49 | -24.12 | 0 | 0 | 0 | 0 | 171.58 | -16.61 | 0 | 0 | 42.36 | 0.0 | 14.8 | 0.0 | 0 | 0 | -14.43 | 0 | 0.37 | -98.21 | -7.33 | 0 | -21.76 | 0 | 0.08 | 16.31 |
| 2016 (3) | 2.79 | -79.19 | 11.28 | -39.84 | 13.81 | -61.35 | 0 | 0 | 35.23 | -21.06 | -10.93 | 0 | 0.69 | -19.77 | 1.96 | 1.64 | 0 | 0 | 0 | 0 | 205.76 | 12.15 | 0 | 0 | 42.36 | 0.0 | 14.8 | 0.0 | 0 | 0 | 5.83 | -61.0 | 20.63 | -34.63 | 0.35 | -85.54 | 6.18 | -64.42 | 0.07 | 10.51 |
| 2015 (2) | 13.41 | 26.51 | 18.75 | 97.16 | 35.73 | 45.9 | 0 | 0 | 44.63 | -0.18 | -0.5 | 0 | 0.86 | 59.26 | 1.93 | 59.54 | 0 | 0 | 0 | 0 | 183.47 | 2.0 | 0 | 0 | 42.36 | 5.01 | 14.8 | 1.58 | 1.81 | -77.74 | 14.95 | 11.15 | 31.56 | -12.7 | 2.42 | 0 | 17.37 | 49.23 | 0.06 | 70.17 |
| 2014 (1) | 10.6 | 20.05 | 9.51 | 31.35 | 24.49 | -31.4 | 0 | 0 | 44.71 | -4.01 | 2.25 | -36.44 | 0.54 | 116.0 | 1.21 | 125.03 | 0 | 0 | 0 | 0 | 179.87 | 15.6 | 0 | 0 | 40.34 | 0.0 | 14.57 | 2.46 | 8.13 | -23.95 | 13.45 | 3.07 | 36.15 | -4.74 | -1.81 | 0 | 11.64 | 136.59 | 0.04 | 85.01 |
| 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) | 18.67 | -12.35 | -49.14 | 7.76 | -9.98 | -17.18 | 22.86 | 2.79 | -53.0 | 0 | 0 | 0 | 9.43 | 12.8 | 8.64 | 0.77 | 234.78 | 149.36 | 0.4 | -50.0 | 25.0 | 1.18 | -51.11 | 44.82 | 1.25 | 0 | 0 | 0.34 | -5.56 | -20.93 | 61.67 | -10.84 | 26.87 | 0 | 0 | 0 | 38.93 | 0.0 | 0.0 | 4.6 | 0.0 | 0.0 | 0.62 | 0.0 | 44.19 | 17.49 | 4.61 | -1.58 | 22.72 | 3.51 | -0.39 | 3.3 | -50.23 | -43.69 | 20.79 | -10.96 | -12.02 | 0.01 | -15.66 | -10.88 |
| 24Q2 (19) | 21.3 | -4.57 | -57.59 | 8.62 | 6.16 | -1.49 | 22.24 | -11.92 | -60.76 | 0 | 0 | 0 | 8.36 | 6.5 | -7.21 | 0.23 | 110.8 | 109.54 | 0.8 | 142.42 | 344.44 | 2.41 | 147.17 | 565.86 | 0 | 0 | 0 | 0.36 | -7.69 | 50.0 | 69.17 | 6.37 | 36.62 | 0 | 0 | 0 | 38.93 | 0.0 | 5.42 | 4.6 | 0.0 | 0.0 | 0.62 | 44.19 | 44.19 | 16.72 | 0.18 | -14.17 | 21.95 | 1.06 | -10.44 | 6.63 | 39.87 | 406.11 | 23.35 | 8.96 | 12.31 | 0.01 | -19.46 | -16.62 |
| 24Q1 (18) | 22.32 | -34.04 | -48.94 | 8.12 | -3.56 | -7.2 | 25.25 | -29.8 | -38.47 | 0 | 0 | 0 | 7.85 | -5.31 | -9.04 | -2.13 | -300.94 | -15.14 | 0.33 | 17.86 | 120.0 | 0.98 | 20.57 | 288.5 | 0 | 0 | 0 | 0.39 | -4.88 | 44.44 | 65.03 | 17.51 | -3.16 | 0 | 0 | 0 | 38.93 | 0.0 | 5.42 | 4.6 | 0.0 | 78.99 | 0.43 | 0.0 | -96.24 | 16.69 | -11.32 | 29.18 | 21.72 | -8.93 | -19.35 | 4.74 | 864.52 | 407.79 | 21.43 | 17.75 | 88.31 | 0.02 | -19.2 | -12.77 |
| 23Q4 (17) | 33.84 | -7.82 | -37.04 | 8.42 | -10.14 | -17.61 | 35.97 | -26.05 | -16.11 | 0 | 0 | 0 | 8.29 | -4.49 | -36.18 | 1.06 | 167.95 | -52.25 | 0.28 | -12.5 | -44.0 | 0.81 | -0.62 | 8.67 | 0 | 0 | 0 | 0.41 | -4.65 | 46.43 | 55.34 | 13.84 | -28.59 | 0 | 0 | 0 | 38.93 | 0.0 | 5.42 | 4.6 | 0.0 | 78.99 | 0.43 | 0.0 | -96.24 | 18.82 | 5.91 | -7.34 | 23.85 | 4.56 | -30.51 | -0.62 | -110.58 | -44.19 | 18.2 | -22.98 | -8.45 | 0.02 | 62.37 | 212.49 |
| 23Q3 (16) | 36.71 | -26.9 | -34.12 | 9.37 | 7.09 | -1.47 | 48.64 | -14.18 | 17.66 | 0 | 0 | 0 | 8.68 | -3.66 | -54.51 | -1.56 | 35.27 | -125.87 | 0.32 | 77.78 | -44.83 | 0.81 | 124.81 | 2.16 | 0 | 0 | 0 | 0.43 | 79.17 | 48.28 | 48.61 | -3.99 | -49.26 | 0 | 0 | 0 | 38.93 | 5.42 | 18.22 | 4.6 | 0.0 | 78.99 | 0.43 | 0.0 | -96.24 | 17.77 | -8.78 | -1.66 | 22.81 | -6.94 | -28.87 | 5.86 | 347.33 | 39.52 | 23.63 | 13.66 | 6.11 | 0.01 | -21.09 | 41.93 |
| 23Q2 (15) | 50.22 | 14.89 | -1.16 | 8.75 | 0.0 | 33.79 | 56.68 | 38.11 | 56.92 | 0 | 0 | 0 | 9.01 | 4.4 | -52.68 | -2.41 | -30.27 | -134.48 | 0.18 | 20.0 | -47.06 | 0.36 | 44.21 | -25.17 | 0 | 0 | 0 | 0.24 | -11.11 | -17.24 | 50.63 | -24.6 | -49.12 | 0 | 0 | 0 | 36.93 | 0.0 | 12.15 | 4.6 | 78.99 | 78.99 | 0.43 | -96.24 | -96.24 | 19.48 | 50.77 | 61.79 | 24.51 | -8.99 | -5.88 | 1.31 | 185.06 | 134.03 | 20.79 | 82.69 | 153.85 | 0.02 | -15.74 | 29.45 |
| 23Q1 (14) | 43.71 | -18.68 | -1.11 | 8.75 | -14.38 | -25.6 | 41.04 | -4.29 | -12.51 | 0 | 0 | 0 | 8.63 | -33.56 | -46.23 | -1.85 | -183.33 | -136.71 | 0.15 | -70.0 | -55.88 | 0.25 | -66.27 | -53.19 | 0 | 0 | 0 | 0.27 | -3.57 | -10.0 | 67.15 | -13.35 | -23.4 | 0 | 0 | 0 | 36.93 | 0.0 | 12.15 | 2.57 | 0.0 | 350.88 | 11.43 | 0.0 | 0 | 12.92 | -36.39 | -48.46 | 26.93 | -21.53 | 5.03 | -1.54 | -258.14 | 80.7 | 11.38 | -42.76 | -33.41 | 0.02 | 189.47 | 13.62 |
| 22Q4 (13) | 53.75 | -3.54 | 5.77 | 10.22 | 7.47 | -16.37 | 42.88 | 3.73 | 29.74 | 0 | 0 | 0 | 12.99 | -31.92 | -30.24 | 2.22 | -63.18 | -64.59 | 0.5 | -13.79 | 4.17 | 0.74 | -6.57 | -14.18 | 0 | 0 | 0 | 0.28 | -3.45 | 0 | 77.5 | -19.1 | -32.97 | 0 | 0 | 0 | 36.93 | 12.15 | 12.15 | 2.57 | 0.0 | 350.88 | 11.43 | 0.0 | 0 | 20.31 | 12.4 | 1.4 | 34.32 | 7.02 | 66.6 | -0.43 | -110.24 | 96.24 | 19.88 | -10.73 | 131.16 | 0.01 | -26.25 | -69.86 |
| 22Q3 (12) | 55.72 | 9.66 | 146.11 | 9.51 | 45.41 | -33.45 | 41.34 | 14.45 | 274.46 | 0 | 0 | 0 | 19.08 | 0.21 | 15.29 | 6.03 | -13.73 | -28.21 | 0.58 | 70.59 | 3.57 | 0.80 | 64.66 | -37.44 | 0 | 0 | 0 | 0.29 | 0.0 | 0 | 95.8 | -3.72 | -30.68 | 0 | 0 | 0 | 32.93 | 0.0 | 17.9 | 2.57 | 0.0 | 350.88 | 11.43 | 0.0 | 0 | 18.07 | 50.08 | 31.32 | 32.07 | 23.16 | 123.8 | 4.2 | 209.09 | 138.43 | 22.27 | 171.92 | 686.93 | 0.01 | -28.03 | -73.87 |
| 22Q2 (11) | 50.81 | 14.95 | 347.67 | 6.54 | -44.39 | -59.1 | 36.12 | -23.0 | 326.95 | 0 | 0 | 0 | 19.04 | 18.63 | 56.45 | 6.99 | 38.69 | 40.93 | 0.34 | 0.0 | -34.62 | 0.48 | -9.78 | -67.96 | 0 | 0 | 0 | 0.29 | -3.33 | 0 | 99.5 | 13.51 | -29.14 | 0 | 0 | 0 | 32.93 | 0.0 | 17.9 | 2.57 | 350.88 | -82.64 | 11.43 | 0 | 0 | 12.04 | -51.97 | 235.59 | 26.04 | 1.56 | 339.86 | -3.85 | 51.75 | 64.55 | 8.19 | -52.08 | 141.49 | 0.01 | -26.05 | -73.35 |
| 22Q1 (10) | 44.2 | -13.03 | 602.7 | 11.76 | -3.76 | -41.75 | 46.91 | 41.94 | 542.6 | 0 | 0 | 0 | 16.05 | -13.8 | 100.88 | 5.04 | -19.62 | 1192.31 | 0.34 | -29.17 | 25.93 | 0.54 | -38.17 | -43.78 | 0 | 0 | 0 | 0.3 | 0 | 0 | 87.66 | -24.18 | -38.63 | 0 | 0 | 0 | 32.93 | 0.0 | 17.9 | 0.57 | 0.0 | -96.15 | 0 | 0 | 0 | 25.07 | 25.16 | 281.14 | 25.64 | 24.47 | 2570.83 | -7.98 | 30.18 | 15.82 | 17.09 | 98.72 | 173.28 | 0.02 | -23.22 | -24.41 |
| 21Q4 (9) | 50.82 | 124.47 | 1258.82 | 12.22 | -14.49 | -41.28 | 33.05 | 199.37 | 372.82 | 0 | 0 | 0 | 18.62 | 12.51 | 156.47 | 6.27 | -25.36 | 547.86 | 0.48 | -14.29 | 2.13 | 0.87 | -31.88 | -50.72 | 0 | 0 | 0 | 0 | 0 | 0 | 115.62 | -16.34 | -19.3 | 0 | 0 | 0 | 32.93 | 17.9 | 17.9 | 0.57 | 0.0 | -96.15 | 0 | 0 | 0 | 20.03 | 45.57 | 240.76 | 20.6 | 43.75 | 3514.04 | -11.43 | -4.57 | -19.19 | 8.6 | 203.89 | 136.1 | 0.02 | -36.06 | -24.29 |
| 21Q3 (8) | 22.64 | 99.47 | 726.28 | 14.29 | -10.63 | -34.84 | 11.04 | 30.5 | 56.6 | 0 | 0 | 0 | 16.55 | 35.99 | 136.09 | 8.4 | 69.35 | 1033.33 | 0.56 | 7.69 | 166.67 | 1.27 | -15.67 | 73.88 | 0 | 0 | 0 | 0 | 0 | 0 | 138.2 | -1.57 | -5.72 | 0 | 0 | 0 | 27.93 | 0.0 | 0.0 | 0.57 | -96.15 | -96.15 | 0 | 0 | 0 | 13.76 | 254.95 | 207.25 | 14.33 | 142.06 | 627.41 | -10.93 | -0.64 | -31.21 | 2.83 | 114.34 | 113.37 | 0.04 | -26.59 | 7.77 |
| 21Q2 (7) | 11.35 | 80.45 | 345.1 | 15.99 | -20.8 | 0.13 | 8.46 | 15.89 | -47.12 | 0 | 0 | 0 | 12.17 | 52.32 | 101.49 | 4.96 | 1171.79 | 271.03 | 0.52 | 92.59 | 147.62 | 1.51 | 58.3 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 140.41 | -1.69 | -0.08 | 0 | 0 | 0 | 27.93 | 0.0 | 0.0 | 14.8 | 0.0 | 0.0 | 0 | 0 | 0 | -8.88 | 35.84 | 25.57 | 5.92 | 516.67 | 106.27 | -10.86 | -14.56 | -50.0 | -19.74 | 15.35 | -2.97 | 0.05 | 109.75 | 35.69 |
| 21Q1 (6) | 6.29 | 68.18 | 145.7 | 20.19 | -2.98 | 23.18 | 7.3 | 4.43 | -86.07 | 0 | 0 | 0 | 7.99 | 10.06 | 25.04 | 0.39 | 127.86 | 109.92 | 0.27 | -42.55 | -20.59 | 0.95 | -45.8 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 142.83 | -0.31 | 32.29 | 0 | 0 | 0 | 27.93 | 0.0 | 0.0 | 14.8 | 0.0 | 0.0 | 0 | 0 | 0 | -13.84 | 2.74 | -53.27 | 0.96 | 68.42 | -83.33 | -9.48 | 1.15 | -58.0 | -23.32 | 2.1 | -55.16 | 0.02 | -23.1 | -38.07 |
| 20Q4 (5) | 3.74 | 36.5 | -9.66 | 20.81 | -5.11 | 26.2 | 6.99 | -0.85 | -62.56 | 0 | 0 | 0 | 7.26 | 3.57 | -21.34 | -1.4 | -55.56 | -4.48 | 0.47 | 123.81 | 27.03 | 1.76 | 140.32 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 143.28 | -2.25 | 0.36 | 0 | 0 | 0 | 27.93 | 0.0 | 0.0 | 14.8 | 0.0 | 0.0 | 0 | 0 | 0 | -14.23 | -10.91 | -179.02 | 0.57 | -71.07 | -94.12 | -9.59 | -15.13 | -45.74 | -23.82 | -12.57 | -103.94 | 0.03 | -9.0 | -25.91 |
| 20Q3 (4) | 2.74 | 7.45 | 0.0 | 21.93 | 37.32 | 0.0 | 7.05 | -55.94 | 0.0 | 0 | 0 | 0.0 | 7.01 | 16.06 | 0.0 | -0.9 | 68.97 | 0.0 | 0.21 | 0.0 | 0.0 | 0.73 | 0 | 0.0 | 0 | -100.0 | 0.0 | 0 | 0 | 0.0 | 146.58 | 4.31 | 0.0 | 0 | 0 | 0.0 | 27.93 | 0.0 | 0.0 | 14.8 | 0.0 | 0.0 | 0 | 0 | 0.0 | -12.83 | -7.54 | 0.0 | 1.97 | -31.36 | 0.0 | -8.33 | -15.06 | 0.0 | -21.16 | -10.38 | 0.0 | 0.03 | -7.56 | 0.0 |
