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) | 10.2 | -37.77 | 25.88 | 32.38 | 4.13 | 0.0 | 0 | 0 | 38.2 | -7.95 | -20.84 | 0 | 1.92 | -24.71 | 5.03 | -18.2 | 1.61 | -26.15 | 0 | 0 | 7.63 | -37.05 | 15.91 | -17.09 | 19.55 | 0.0 | 5.8 | 0.0 | 5.97 | -39.88 | -20.84 | 0 | -9.07 | 0 | -10.51 | 0 | -31.35 | 0 | 0.00 | 0 |
| 2022 (9) | 16.39 | -53.52 | 19.55 | -24.28 | 4.13 | -54.52 | 0 | 0 | 41.5 | -19.56 | -8.33 | 0 | 2.55 | 34.92 | 6.14 | 67.72 | 2.18 | -6.44 | 0.28 | -24.32 | 12.12 | 131.3 | 19.19 | 3.79 | 19.55 | 0.0 | 5.8 | 0.0 | 9.93 | 3.76 | -3.96 | 0 | 11.77 | -41.44 | -9.52 | 0 | -13.48 | 0 | 0.00 | 0 |
| 2021 (8) | 35.26 | -6.15 | 25.82 | 12.07 | 9.08 | 50.08 | 0 | 0 | 51.59 | 7.68 | -2.32 | 0 | 1.89 | -5.03 | 3.66 | -11.8 | 2.33 | -25.8 | 0.37 | 0 | 5.24 | -53.75 | 18.49 | 4.76 | 19.55 | 0.0 | 5.8 | 0.0 | 9.57 | -14.17 | 4.73 | -36.25 | 20.1 | -17.52 | -9.93 | 0 | -5.2 | 0 | 0.00 | 0 |
| 2020 (7) | 37.57 | -19.05 | 23.04 | 5.49 | 6.05 | 72.86 | 0 | 0 | 47.91 | -27.87 | -1.03 | 0 | 1.99 | 38.19 | 4.15 | 91.59 | 3.14 | 8.28 | 0 | 0 | 11.33 | 2.81 | 17.65 | -0.56 | 19.55 | 0.0 | 5.8 | 0.0 | 11.15 | 50.07 | 7.42 | -55.73 | 24.37 | -18.77 | -9.62 | 0 | -2.2 | 0 | 0.00 | 0 |
| 2019 (6) | 46.41 | -7.92 | 21.84 | 19.34 | 3.5 | -30.0 | 0 | 0 | 66.42 | 2.85 | 6.04 | 22.02 | 1.44 | -57.65 | 2.17 | -58.82 | 2.9 | 10.69 | 0 | 0 | 11.02 | -41.38 | 17.75 | -3.48 | 19.55 | -1.01 | 5.8 | 9.23 | 7.43 | 34.12 | 16.76 | -36.13 | 30.0 | -19.12 | -11.15 | 0 | 5.61 | -70.18 | 0.00 | 0 |
| 2018 (5) | 50.4 | -19.26 | 18.3 | 71.19 | 5.0 | -83.28 | 2.24 | -1.75 | 64.58 | 6.89 | 4.95 | 44.74 | 3.4 | 14.48 | 5.26 | 7.1 | 2.62 | 22.43 | 0 | 0 | 18.8 | -25.22 | 18.39 | -0.05 | 19.75 | -1.0 | 5.31 | 6.84 | 5.54 | 0 | 26.24 | -12.09 | 37.09 | 6.55 | -7.43 | 0 | 18.81 | -22.62 | 0.00 | 0 |
| 2017 (4) | 62.42 | 25.85 | 10.69 | -27.03 | 29.9 | 353.03 | 2.28 | -78.61 | 60.42 | -5.59 | 3.42 | 10.32 | 2.97 | 2.77 | 4.92 | 8.86 | 2.14 | 9.18 | 0.46 | -86.47 | 25.14 | -49.38 | 18.4 | -3.16 | 19.95 | 0.0 | 4.97 | 6.88 | 0 | 0 | 29.85 | 4.48 | 34.81 | 4.79 | -5.54 | 0 | 24.31 | 2.36 | 0.00 | -39.04 |
| 2016 (3) | 49.6 | -16.81 | 14.65 | -40.57 | 6.6 | -28.49 | 10.66 | 251.82 | 64.0 | -11.54 | 3.1 | -3.73 | 2.89 | 124.03 | 4.52 | 153.26 | 1.96 | -12.5 | 3.4 | -11.92 | 49.66 | -11.12 | 19.0 | -6.63 | 19.95 | -0.75 | 4.65 | 7.39 | 0 | 0 | 28.57 | 4.38 | 33.22 | 4.79 | -4.82 | 0 | 23.75 | -25.29 | 0.00 | -25.82 |
| 2015 (2) | 59.62 | -4.22 | 24.65 | 51.6 | 9.23 | -56.65 | 3.03 | -2.26 | 72.35 | -4.85 | 3.22 | -69.99 | 1.29 | 0.78 | 1.78 | 5.92 | 2.24 | -1.32 | 3.86 | -80.99 | 55.87 | 41.55 | 20.35 | -1.21 | 20.1 | -0.5 | 4.33 | 32.82 | 0 | 0 | 27.37 | -13.25 | 31.7 | -8.93 | 4.42 | -40.35 | 31.79 | -18.4 | 0.00 | -2.55 |
| 2014 (1) | 62.25 | -10.04 | 16.26 | 71.7 | 21.29 | 33.65 | 3.1 | 26.53 | 76.04 | 5.88 | 10.73 | 8.82 | 1.28 | 18.52 | 1.68 | 11.94 | 2.27 | 6.07 | 20.3 | 12.59 | 39.47 | 18.07 | 20.6 | 4.62 | 20.2 | 0.0 | 3.26 | 43.61 | 0 | 0 | 31.55 | 13.49 | 34.81 | 15.76 | 7.41 | 333.33 | 38.96 | 32.02 | 0.00 | 18.92 |
| 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) | 5.64 | -36.34 | -60.97 | 31.62 | -3.66 | 4.46 | 2.0 | -9.5 | -63.9 | 0 | 0 | 0 | 7.08 | -9.23 | -16.01 | -1.55 | -318.92 | 31.42 | 1.62 | 1.25 | -33.06 | 4.75 | 5.26 | -26.53 | 1.73 | 3.59 | -4.95 | 0 | 0 | -100.0 | 6.76 | 0.6 | -23.96 | 16.54 | -0.96 | -15.96 | 19.55 | 0.0 | 0.0 | 0 | 0 | -100.0 | 0 | 0 | -100.0 | -3.26 | -90.64 | 48.82 | -3.26 | -90.64 | -160.48 | -8.24 | -1.6 | 4.41 | -11.5 | -17.11 | 23.28 | 0.00 | 0 | 0 |
| 24Q2 (19) | 8.86 | 5.98 | -19.67 | 32.82 | 20.26 | 44.14 | 2.21 | -48.6 | -40.11 | 0 | 0 | 0 | 7.8 | -14.38 | -14.47 | -0.37 | 72.59 | 91.11 | 1.6 | 9.59 | -15.34 | 4.52 | 13.67 | -7.77 | 1.67 | -3.47 | -7.73 | 0 | 0 | -100.0 | 6.72 | -15.47 | -40.85 | 16.7 | 0.97 | -11.69 | 19.55 | 0.0 | 0.0 | 0 | -100.0 | -100.0 | 0 | -100.0 | -100.0 | -1.71 | 92.29 | 58.5 | -1.71 | 83.59 | -122.35 | -8.11 | 5.04 | 29.54 | -9.82 | 68.04 | 37.17 | 0.00 | 0 | 0 |
| 24Q1 (18) | 8.36 | -18.04 | -35.19 | 27.29 | 5.45 | 33.97 | 4.3 | 4.12 | 10.26 | 0 | 0 | 0 | 9.11 | -9.62 | -13.81 | -1.35 | 90.67 | -3475.0 | 1.46 | -23.96 | -28.43 | 3.97 | -20.94 | -22.92 | 1.73 | 7.45 | -15.2 | 0 | 0 | -100.0 | 7.95 | 4.19 | -40.14 | 16.54 | 3.96 | -13.99 | 19.55 | 0.0 | 0.0 | 5.8 | 0.0 | 0.0 | 5.97 | 0.0 | -39.88 | -22.19 | -6.48 | -466.07 | -10.42 | -14.88 | -188.23 | -8.54 | 18.74 | 5.22 | -30.73 | 1.98 | -137.66 | 0.00 | 0 | 0 |
| 23Q4 (17) | 10.2 | -29.41 | -37.77 | 25.88 | -14.5 | 32.38 | 4.13 | -25.45 | 0.0 | 0 | 0 | 0 | 10.08 | 19.57 | 8.74 | -14.47 | -540.27 | -233.41 | 1.92 | -20.66 | -24.71 | 5.03 | -22.34 | -18.18 | 1.61 | -11.54 | -26.15 | 0 | -100.0 | -100.0 | 7.63 | -14.17 | -37.05 | 15.91 | -19.16 | -17.09 | 19.55 | 0.0 | 0.0 | 5.8 | 0.0 | 0.0 | 5.97 | 0.0 | -39.88 | -20.84 | -227.16 | -426.26 | -9.07 | -268.27 | -177.06 | -10.51 | -21.93 | -10.4 | -31.35 | -109.14 | -132.57 | 0.00 | 0 | 0 |
| 23Q3 (16) | 14.45 | 31.01 | -23.54 | 30.27 | 32.94 | 53.65 | 5.54 | 50.14 | 55.62 | 0 | 0 | 0 | 8.43 | -7.57 | -12.46 | -2.26 | 45.67 | -37.8 | 2.42 | 28.04 | 5.68 | 6.47 | 32.15 | 29.14 | 1.82 | 0.55 | -19.47 | 0.01 | -96.0 | -97.22 | 8.89 | -21.74 | 18.22 | 19.68 | 4.07 | 1.08 | 19.55 | 0.0 | 0.0 | 5.8 | 0.0 | 0.0 | 5.97 | 0.0 | -39.88 | -6.37 | -54.61 | -1776.32 | 5.39 | -29.54 | -66.54 | -8.62 | 25.11 | 0.58 | -14.99 | 4.09 | -80.82 | 0.00 | 0 | 0 |
| 23Q2 (15) | 11.03 | -14.5 | -63.04 | 22.77 | 11.78 | -13.39 | 3.69 | -5.38 | -32.17 | 0 | 0 | 0 | 9.12 | -13.72 | -9.7 | -4.16 | -10500.0 | -182.99 | 1.89 | -7.35 | -25.0 | 4.90 | -5.0 | -9.16 | 1.81 | -11.27 | -14.22 | 0.25 | -7.41 | -30.56 | 11.36 | -14.46 | 118.46 | 18.91 | -1.66 | -0.73 | 19.55 | 0.0 | 0.0 | 5.8 | 0.0 | 0.0 | 5.97 | -39.88 | -39.88 | -4.12 | -5.1 | -303.96 | 7.65 | -35.22 | -56.9 | -11.51 | -27.75 | -30.5 | -15.63 | -20.88 | -129.85 | 0.00 | 0 | 0 |
| 23Q1 (14) | 12.9 | -21.29 | -54.74 | 20.37 | 4.19 | -25.77 | 3.9 | -5.57 | -36.89 | 0 | 0 | 0 | 10.57 | 14.02 | -15.51 | 0.04 | 100.92 | 104.55 | 2.04 | -20.0 | 10.87 | 5.16 | -16.08 | 38.75 | 2.04 | -6.42 | -24.16 | 0.27 | -3.57 | -28.95 | 13.28 | 9.57 | 155.88 | 19.23 | 0.21 | 0.31 | 19.55 | 0.0 | 0.0 | 5.8 | 0.0 | 0.0 | 9.93 | 0.0 | 3.76 | -3.92 | 1.01 | -201.82 | 11.81 | 0.34 | -38.55 | -9.01 | 5.36 | -33.09 | -12.93 | 4.08 | -342.81 | 0.00 | 0 | 0 |
| 22Q4 (13) | 16.39 | -13.28 | -53.52 | 19.55 | -0.76 | -24.28 | 4.13 | 16.01 | -54.52 | 0 | 0 | 0 | 9.27 | -3.74 | -31.08 | -4.34 | -164.63 | -404.65 | 2.55 | 11.35 | 34.92 | 6.14 | 22.57 | 67.68 | 2.18 | -3.54 | -6.44 | 0.28 | -22.22 | -24.32 | 12.12 | 61.17 | 131.3 | 19.19 | -1.44 | 3.79 | 19.55 | 0.0 | 0.0 | 5.8 | 0.0 | 0.0 | 9.93 | 0.0 | 3.76 | -3.96 | -1142.11 | -183.72 | 11.77 | -26.94 | -41.44 | -9.52 | -9.8 | 4.13 | -13.48 | -62.61 | -159.23 | 0.00 | 0 | 0 |
| 22Q3 (12) | 18.9 | -36.66 | -19.37 | 19.7 | -25.07 | -14.79 | 3.56 | -34.56 | -64.29 | 0 | 0 | 0 | 9.63 | -4.65 | -9.83 | -1.64 | -11.56 | -3.14 | 2.29 | -9.13 | 46.79 | 5.01 | -7.04 | 75.32 | 2.26 | 7.11 | -2.16 | 0.36 | 0.0 | 0.0 | 7.52 | 44.62 | 32.39 | 19.47 | 2.2 | 6.22 | 19.55 | 0.0 | 0.0 | 5.8 | 0.0 | 0.0 | 9.93 | 0.0 | 3.76 | 0.38 | -81.19 | -93.2 | 16.11 | -9.24 | -23.14 | -8.67 | 1.7 | 20.97 | -8.29 | -21.91 | -54.09 | 0.00 | 0 | 0 |
| 22Q2 (11) | 29.84 | 4.7 | 11.59 | 26.29 | -4.19 | 15.0 | 5.44 | -11.97 | -15.92 | 0 | 0 | 0 | 10.1 | -19.26 | -21.58 | -1.47 | -67.05 | -5000.0 | 2.52 | 36.96 | 61.54 | 5.39 | 45.1 | 92.54 | 2.11 | -21.56 | -39.89 | 0.36 | -5.26 | 63.64 | 5.2 | 0.19 | -38.97 | 19.05 | -0.63 | 3.48 | 19.55 | 0.0 | 0.0 | 5.8 | 0.0 | 0.0 | 9.93 | 3.76 | 3.76 | 2.02 | -47.53 | -71.87 | 17.75 | -7.65 | -21.29 | -8.82 | -30.28 | 16.48 | -6.8 | -132.88 | -101.18 | 0.00 | 0 | 0 |
| 22Q1 (10) | 28.5 | -19.17 | -8.24 | 27.44 | 6.27 | 22.17 | 6.18 | -31.94 | -3.44 | 0 | 0 | 0 | 12.51 | -6.99 | -14.2 | -0.88 | -2.33 | -980.0 | 1.84 | -2.65 | 5.75 | 3.72 | 1.42 | 14.52 | 2.69 | 15.45 | -22.7 | 0.38 | 2.7 | 0 | 5.19 | -0.95 | -45.43 | 19.17 | 3.68 | 9.04 | 19.55 | 0.0 | 0.0 | 5.8 | 0.0 | 0.0 | 9.57 | 0.0 | -14.17 | 3.85 | -18.6 | -48.8 | 19.22 | -4.38 | -21.45 | -6.77 | 31.82 | 33.17 | -2.92 | 43.85 | -11.88 | 0.00 | 0 | 0 |
| 21Q4 (9) | 35.26 | 50.43 | -6.15 | 25.82 | 11.68 | 12.07 | 9.08 | -8.93 | 50.08 | 0 | 0 | 0 | 13.45 | 25.94 | -18.14 | -0.86 | 45.91 | -143.88 | 1.89 | 21.15 | -5.03 | 3.66 | 28.15 | -11.8 | 2.33 | 0.87 | -25.8 | 0.37 | 2.78 | 0 | 5.24 | -7.75 | -53.75 | 18.49 | 0.87 | 4.76 | 19.55 | 0.0 | 0.0 | 5.8 | 0.0 | 0.0 | 9.57 | 0.0 | -14.17 | 4.73 | -15.38 | -36.25 | 20.1 | -4.1 | -17.52 | -9.93 | 9.48 | -3.22 | -5.2 | 3.35 | -136.36 | 0.00 | 0 | 0 |
| 21Q3 (8) | 23.44 | -12.34 | -24.9 | 23.12 | 1.14 | -0.94 | 9.97 | 54.1 | 87.41 | 0 | 0 | 0 | 10.68 | -17.08 | -9.64 | -1.59 | -5400.0 | -69.15 | 1.56 | 0.0 | -20.81 | 2.86 | 2.09 | -26.47 | 2.31 | -34.19 | -32.65 | 0.36 | 63.64 | 0 | 5.68 | -33.33 | -53.9 | 18.33 | -0.43 | 4.98 | 19.55 | 0.0 | 0.0 | 5.8 | 0.0 | 0.0 | 9.57 | 0.0 | -14.17 | 5.59 | -22.14 | -0.71 | 20.96 | -7.05 | -7.17 | -10.97 | -3.88 | 6.48 | -5.38 | -59.17 | 11.8 | 0.00 | 0 | 0 |
| 21Q2 (7) | 26.74 | -13.91 | -19.38 | 22.86 | 1.78 | 0.13 | 6.47 | 1.09 | 26.37 | 0 | 0 | 0 | 12.88 | -11.66 | 19.26 | 0.03 | -70.0 | 103.33 | 1.56 | -10.34 | -32.17 | 2.80 | -13.69 | 0 | 3.51 | 0.86 | 37.65 | 0.22 | 0 | 0 | 8.52 | -10.41 | -1.27 | 18.41 | 4.72 | 6.6 | 19.55 | 0.0 | 0.0 | 5.8 | 0.0 | 0.0 | 9.57 | -14.17 | -14.17 | 7.18 | -4.52 | 9.28 | 22.55 | -7.85 | -4.12 | -10.56 | -4.24 | 23.48 | -3.38 | -29.5 | 53.25 | 0.00 | 0 | 0 |
| 21Q1 (6) | 31.06 | -17.33 | -4.55 | 22.46 | -2.52 | -8.55 | 6.4 | 5.79 | 51.66 | 0 | 0 | 0 | 14.58 | -11.26 | 64.56 | 0.1 | -94.9 | 107.87 | 1.74 | -12.56 | 35.94 | 3.24 | -21.89 | 0 | 3.48 | 10.83 | 8.75 | 0 | 0 | 0 | 9.51 | -16.06 | 2.59 | 17.58 | -0.4 | -0.23 | 19.55 | 0.0 | 0.0 | 5.8 | 0.0 | 0.0 | 11.15 | 0.0 | 50.07 | 7.52 | 1.35 | -51.45 | 24.47 | 0.41 | -14.83 | -10.13 | -5.3 | 16.69 | -2.61 | -18.64 | -178.38 | 0.00 | 0 | 0 |
| 20Q4 (5) | 37.57 | 20.38 | -19.05 | 23.04 | -1.29 | 5.49 | 6.05 | 13.72 | 72.86 | 0 | 0 | 0 | 16.43 | 39.0 | -14.38 | 1.96 | 308.51 | -38.56 | 1.99 | 1.02 | 38.19 | 4.15 | 6.83 | 0 | 3.14 | -8.45 | 8.28 | 0 | 0 | 0 | 11.33 | -8.04 | 2.81 | 17.65 | 1.09 | -0.56 | 19.55 | 0.0 | 0.0 | 5.8 | 0.0 | 0.0 | 11.15 | 0.0 | 50.07 | 7.42 | 31.79 | -55.73 | 24.37 | 7.93 | -18.77 | -9.62 | 17.99 | 13.72 | -2.2 | 63.93 | -139.22 | 0.00 | 0 | 0 |
| 20Q3 (4) | 31.21 | -5.91 | 0.0 | 23.34 | 2.23 | 0.0 | 5.32 | 3.91 | 0.0 | 0 | 0 | 0.0 | 11.82 | 9.44 | 0.0 | -0.94 | -4.44 | 0.0 | 1.97 | -14.35 | 0.0 | 3.89 | 0 | 0.0 | 3.43 | 34.51 | 0.0 | 0 | 0 | 0.0 | 12.32 | 42.76 | 0.0 | 17.46 | 1.1 | 0.0 | 19.55 | 0.0 | 0.0 | 5.8 | 0.0 | 0.0 | 11.15 | 0.0 | 0.0 | 5.63 | -14.31 | 0.0 | 22.58 | -4.0 | 0.0 | -11.73 | 15.0 | 0.0 | -6.1 | 15.63 | 0.0 | 0.00 | 0 | 0.0 |
