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) | 14.11 | 1.15 | 7.5 | 29.31 | 0 | 0 | 0 | 0 | 52.1 | -1.46 | 2.45 | -23.44 | 6.58 | 2.81 | 12.63 | 4.33 | 1.47 | -40.73 | 0 | 0 | 0 | 0 | 0.35 | 0.0 | 6.21 | 0.0 | 2.74 | 12.3 | 0.43 | -70.14 | 2.43 | 6.58 | 5.61 | -9.08 | -0.48 | 0 | 1.95 | 5.41 | 0.18 | -4.94 |
| 2022 (9) | 13.95 | 10.54 | 5.8 | -12.12 | 0 | 0 | 0 | 0 | 52.87 | 7.11 | 3.2 | 14.29 | 6.4 | 10.92 | 12.11 | 3.55 | 2.48 | 36.26 | 0 | 0 | 0 | 0 | 0.35 | 2.94 | 6.21 | 7.81 | 2.44 | 14.02 | 1.44 | 4.35 | 2.28 | 100.0 | 6.17 | 32.4 | -0.43 | 0 | 1.85 | 0 | 0.19 | -7.67 |
| 2021 (8) | 12.62 | 38.07 | 6.6 | 29.41 | 0 | 0 | 0 | 0 | 49.36 | -2.24 | 2.8 | 15.23 | 5.77 | -33.91 | 11.69 | -32.39 | 1.82 | -11.65 | 0 | 0 | 0 | 0 | 0.34 | -58.54 | 5.76 | -2.37 | 2.14 | 15.05 | 1.38 | 50.0 | 1.14 | -26.45 | 4.66 | 7.62 | -1.44 | 0 | -0.3 | 0 | 0.21 | 6.35 |
| 2020 (7) | 9.14 | 7.28 | 5.1 | -1.92 | 0 | 0 | 0 | 0 | 50.49 | -3.96 | 2.43 | 14.62 | 8.73 | 18.13 | 17.29 | 23.0 | 2.06 | -11.21 | 0 | 0 | 0 | 0 | 0.82 | 26.15 | 5.9 | 0.0 | 1.86 | 9.41 | 0.92 | 84.0 | 1.55 | 21.09 | 4.33 | 24.43 | -1.04 | 0 | 0.51 | -12.07 | 0.19 | 20.05 |
| 2019 (6) | 8.52 | 146.24 | 5.2 | 30.0 | 0.02 | 0 | 0 | 0 | 52.57 | 0.59 | 2.12 | 4.43 | 7.39 | -3.9 | 14.06 | -4.47 | 2.32 | -8.3 | 0 | 0 | 0.32 | 0 | 0.65 | -23.53 | 5.9 | 4.8 | 1.7 | 24.09 | 0.5 | 42.86 | 1.28 | -34.02 | 3.48 | -4.66 | -0.7 | 0 | 0.58 | -63.06 | 0.16 | 7.58 |
| 2018 (5) | 3.46 | -52.21 | 4.0 | 122.22 | 0 | 0 | 0 | 0 | 52.26 | 23.58 | 2.03 | 18.02 | 7.69 | 6.66 | 14.71 | -13.69 | 2.53 | 9.05 | 0 | 0 | 0 | 0 | 0.85 | 157.58 | 5.63 | -2.6 | 1.37 | 15.13 | 0.35 | 0 | 1.94 | 12.14 | 3.65 | 25.0 | -0.37 | 0 | 1.57 | 13.77 | 0.15 | 14.54 |
| 2017 (4) | 7.24 | 12.95 | 1.8 | -70.78 | 0 | 0 | 0 | 0 | 42.29 | -21.19 | 1.72 | 2.38 | 7.21 | -26.65 | 17.05 | -6.93 | 2.32 | -46.79 | 0 | 0 | 0 | 0 | 0.33 | 6.45 | 5.78 | 4.9 | 1.19 | 15.53 | 0 | 0 | 1.73 | 2.37 | 2.92 | 7.75 | -0.35 | 0 | 1.38 | -26.2 | 0.13 | -47.62 |
| 2016 (3) | 6.41 | 2.4 | 6.16 | -6.1 | 0.08 | -11.11 | 0 | 0 | 53.66 | 42.94 | 1.68 | 37.7 | 9.83 | 16.61 | 18.32 | -18.42 | 4.36 | 7.92 | 0.04 | 100.0 | 0.46 | -13.21 | 0.31 | 55.0 | 5.51 | 0.0 | 1.03 | 14.44 | 0 | 0 | 1.69 | 40.83 | 2.71 | 29.05 | 0.18 | -53.85 | 1.87 | 17.61 | 0.25 | 17.67 |
| 2015 (2) | 6.26 | 2.29 | 6.56 | 16.52 | 0.09 | 12.5 | 0 | 0 | 37.54 | -7.97 | 1.22 | 31.18 | 8.43 | -2.43 | 22.46 | 6.02 | 4.04 | 9.78 | 0.02 | -33.33 | 0.53 | -14.52 | 0.2 | 100.0 | 5.51 | -2.48 | 0.9 | 11.11 | 0 | 0 | 1.2 | 3.45 | 2.1 | 6.6 | 0.39 | 116.67 | 1.59 | 18.66 | 0.21 | 13.71 |
| 2014 (1) | 6.12 | -3.16 | 5.63 | 35.66 | 0.08 | -95.06 | 0 | 0 | 40.79 | 14.8 | 0.93 | 47.62 | 8.64 | -16.6 | 21.18 | -27.36 | 3.68 | 12.2 | 0.03 | -57.14 | 0.62 | -69.46 | 0.1 | -16.67 | 5.65 | -3.75 | 0.81 | 8.0 | 0 | 0 | 1.16 | 50.65 | 1.97 | 7.07 | 0.18 | 500.0 | 1.34 | 67.5 | 0.19 | 2.81 |
| 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) | 16.07 | -6.62 | 9.92 | 10.2 | 15.25 | 30.77 | 0 | 0 | 0 | 0 | 0 | 0 | 16.15 | 25.39 | 7.52 | 0.6 | 7.14 | -18.92 | 7.3 | -0.14 | 4.29 | 13.28 | -2.19 | 0.28 | 1.51 | -1.31 | -17.49 | 0 | 0 | 0 | 0 | 0 | 0 | 0.36 | 2.86 | 0.0 | 6.21 | 0.0 | 0.0 | 2.97 | 3.85 | 8.39 | 0 | -100.0 | -100.0 | 1.9 | 23.38 | -5.94 | 4.86 | -0.41 | -6.54 | 0.35 | -14.63 | 133.33 | 2.25 | 15.38 | 3.69 | 0.20 | 5.77 | 6.45 |
| 24Q2 (19) | 17.21 | 11.1 | 28.05 | 8.85 | 9.26 | 60.91 | 0 | 0 | 0 | 0 | 0 | 0 | 12.88 | -1.23 | 8.88 | 0.56 | 7.69 | -17.65 | 7.31 | 12.81 | 18.86 | 13.58 | 10.61 | 17.45 | 1.53 | 25.41 | -28.17 | 0 | 0 | 0 | 0 | 0 | 0 | 0.35 | 0.0 | 0.0 | 6.21 | 0.0 | 0.0 | 2.86 | 0.0 | 9.58 | 0.48 | 0.0 | 11.63 | 1.54 | 57.14 | -26.32 | 4.88 | 12.7 | -5.06 | 0.41 | 925.0 | 213.89 | 1.95 | 91.18 | 12.72 | 0.19 | -1.39 | 5.4 |
| 24Q1 (18) | 15.49 | 9.78 | 11.92 | 8.1 | 8.0 | 35.0 | 0 | 0 | 0 | 0 | 0 | 0 | 13.04 | 1.24 | 5.33 | 0.52 | 30.0 | -16.13 | 6.48 | -1.52 | 7.46 | 12.28 | -2.75 | 9.17 | 1.22 | -17.01 | -41.35 | 0 | 0 | 0 | 0 | 0 | 0 | 0.35 | 0.0 | 0.0 | 6.21 | 0.0 | 0.0 | 2.86 | 4.38 | 9.58 | 0.48 | 11.63 | 11.63 | 0.98 | -59.67 | -30.5 | 4.33 | -22.82 | -2.91 | 0.04 | 108.33 | 108.33 | 1.02 | -47.69 | 9.68 | 0.19 | 5.51 | -5.37 |
| 23Q4 (17) | 14.11 | -3.49 | 1.15 | 7.5 | -3.85 | 29.31 | 0 | 0 | 0 | 0 | 0 | 0 | 12.88 | -14.25 | -5.36 | 0.4 | -45.95 | -51.81 | 6.58 | -6.0 | 2.81 | 12.63 | -4.68 | 4.31 | 1.47 | -19.67 | -40.73 | 0 | 0 | 0 | 0 | 0 | 0 | 0.35 | -2.78 | 0.0 | 6.21 | 0.0 | 0.0 | 2.74 | 0.0 | 12.3 | 0.43 | 0.0 | -70.14 | 2.43 | 20.3 | 6.58 | 5.61 | 7.88 | -9.08 | -0.48 | -420.0 | -11.63 | 1.95 | -10.14 | 5.41 | 0.18 | -3.27 | -4.94 |
| 23Q3 (16) | 14.62 | 8.78 | 6.72 | 7.8 | 41.82 | -6.59 | 0 | 0 | 0 | 0 | 0 | 0 | 15.02 | 26.97 | -2.21 | 0.74 | 8.82 | -19.57 | 7.0 | 13.82 | -3.98 | 13.25 | 14.55 | -10.05 | 1.83 | -14.08 | -37.76 | 0 | 0 | 0 | 0 | 0 | 0 | 0.36 | 2.86 | 0.0 | 6.21 | 0.0 | 7.81 | 2.74 | 4.98 | 12.3 | 0.43 | 0.0 | -70.14 | 2.02 | -3.35 | 39.31 | 5.2 | 1.17 | -2.44 | 0.15 | 141.67 | 200.0 | 2.17 | 25.43 | 66.92 | 0.19 | 4.73 | -14.88 |
| 23Q2 (15) | 13.44 | -2.89 | -1.1 | 5.5 | -8.33 | -29.94 | 0 | 0 | 0 | 0 | 0 | 0 | 11.83 | -4.44 | -3.51 | 0.68 | 9.68 | -16.05 | 6.15 | 1.99 | -15.17 | 11.56 | 2.81 | -27.07 | 2.13 | 2.4 | -9.36 | 0 | 0 | 0 | 0 | 0 | 0 | 0.35 | 0.0 | 0.0 | 6.21 | 0.0 | 7.81 | 2.61 | 0.0 | 13.97 | 0.43 | 0.0 | -70.14 | 2.09 | 48.23 | 44.14 | 5.14 | 15.25 | -0.96 | -0.36 | 25.0 | 55.0 | 1.73 | 86.02 | 166.15 | 0.18 | -11.46 | -14.89 |
| 23Q1 (14) | 13.84 | -0.79 | 9.15 | 6.0 | 3.45 | -15.49 | 0 | 0 | 0 | 0 | 0 | 0 | 12.38 | -9.04 | 6.36 | 0.62 | -25.3 | -3.12 | 6.03 | -5.78 | -12.74 | 11.25 | -7.08 | -25.06 | 2.08 | -16.13 | -0.95 | 0 | 0 | 0 | 0 | 0 | 0 | 0.35 | 0.0 | 0.0 | 6.21 | 0.0 | 7.81 | 2.61 | 6.97 | 13.97 | 0.43 | -70.14 | -70.14 | 1.41 | -38.16 | 120.31 | 4.46 | -27.71 | 1.83 | -0.48 | -11.63 | 55.56 | 0.93 | -49.73 | 311.36 | 0.20 | 5.98 | -7.44 |
| 22Q4 (13) | 13.95 | 1.82 | 10.54 | 5.8 | -30.54 | -12.12 | 0 | 0 | 0 | 0 | 0 | 0 | 13.61 | -11.39 | 32.91 | 0.83 | -9.78 | 22.06 | 6.4 | -12.21 | 10.92 | 12.11 | -17.8 | 3.55 | 2.48 | -15.65 | 36.26 | 0 | 0 | 0 | 0 | 0 | 0 | 0.35 | -2.78 | 2.94 | 6.21 | 7.81 | 7.81 | 2.44 | 0.0 | 14.02 | 1.44 | 0.0 | 4.35 | 2.28 | 57.24 | 100.0 | 6.17 | 15.76 | 32.4 | -0.43 | -186.67 | 70.14 | 1.85 | 42.31 | 716.67 | 0.19 | -13.38 | -7.67 |
| 22Q3 (12) | 13.7 | 0.81 | 12.2 | 8.35 | 6.37 | 15.97 | 0 | 0 | 0 | 0 | 0 | 0 | 15.36 | 25.29 | 32.64 | 0.92 | 13.58 | 13.58 | 7.29 | 0.55 | 22.52 | 14.73 | -7.13 | 36.63 | 2.94 | 25.11 | 51.55 | 0 | 0 | 0 | 0 | 0 | 0 | 0.36 | 2.86 | -75.51 | 5.76 | 0.0 | -2.37 | 2.44 | 6.55 | 14.02 | 1.44 | 0.0 | 4.35 | 1.45 | 0.0 | 51.04 | 5.33 | 2.7 | 18.97 | -0.15 | 81.25 | 89.36 | 1.3 | 100.0 | 388.89 | 0.22 | 4.71 | 0.25 |
| 22Q2 (11) | 13.59 | 7.18 | 24.91 | 7.85 | 10.56 | 35.34 | 0 | 0 | 0 | 0 | 0 | 0 | 12.26 | 5.33 | -2.54 | 0.81 | 26.56 | 15.71 | 7.25 | 4.92 | -12.55 | 15.86 | 5.65 | 10.45 | 2.35 | 11.9 | 19.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0.35 | 0.0 | -68.75 | 5.76 | 0.0 | -2.37 | 2.29 | 0.0 | 13.93 | 1.44 | 0.0 | 38.46 | 1.45 | 126.56 | 11.54 | 5.19 | 18.49 | 19.04 | -0.8 | 25.93 | 42.03 | 0.65 | 247.73 | 912.5 | 0.21 | -3.71 | -7.78 |
| 22Q1 (10) | 12.68 | 0.48 | 61.53 | 7.1 | 7.58 | 26.79 | 0 | 0 | 0 | 0 | 0 | 0 | 11.64 | 13.67 | -22.19 | 0.64 | -5.88 | 4.92 | 6.91 | 19.76 | -22.01 | 15.01 | 28.39 | -6.05 | 2.1 | 15.38 | -23.36 | 0 | 0 | 0 | 0 | 0 | 0 | 0.35 | 2.94 | -60.23 | 5.76 | 0.0 | -2.37 | 2.29 | 7.01 | 13.93 | 1.44 | 4.35 | 38.46 | 0.64 | -43.86 | 4.92 | 4.38 | -6.01 | 19.35 | -1.08 | 25.0 | 7.69 | -0.44 | -46.67 | 21.43 | 0.22 | 5.72 | -4.17 |
| 21Q4 (9) | 12.62 | 3.36 | 38.07 | 6.6 | -8.33 | 29.41 | 0 | 0 | 0 | 0 | 0 | 0 | 10.24 | -11.57 | -36.32 | 0.68 | -16.05 | -5.56 | 5.77 | -3.03 | -33.91 | 11.69 | 8.45 | -32.41 | 1.82 | -6.19 | -11.65 | 0 | 0 | 0 | 0 | 0 | 0 | 0.34 | -76.87 | -58.54 | 5.76 | -2.37 | -2.37 | 2.14 | 0.0 | 15.05 | 1.38 | 0.0 | 50.0 | 1.14 | 18.75 | -26.45 | 4.66 | 4.02 | 7.62 | -1.44 | -2.13 | -38.46 | -0.3 | 33.33 | -158.82 | 0.21 | -5.95 | 6.35 |
| 21Q3 (8) | 12.21 | 12.22 | 33.15 | 7.2 | 24.14 | 28.57 | 0 | 0 | -100.0 | 0 | 0 | 0 | 11.58 | -7.95 | -17.99 | 0.81 | 15.71 | 2.53 | 5.95 | -28.23 | -19.81 | 10.78 | -24.92 | -27.05 | 1.94 | -1.02 | -8.92 | 0 | 0 | 0 | 0 | 0 | -100.0 | 1.47 | 31.25 | 83.75 | 5.9 | 0.0 | 0.0 | 2.14 | 6.47 | 15.05 | 1.38 | 32.69 | 50.0 | 0.96 | -26.15 | 15.66 | 4.48 | 2.75 | 23.76 | -1.41 | -2.17 | -45.36 | -0.45 | -462.5 | -221.43 | 0.22 | -3.68 | 16.37 |
| 21Q2 (7) | 10.88 | 38.6 | 15.01 | 5.8 | 3.57 | 18.37 | 0 | 0 | 0 | 0 | 0 | 0 | 12.58 | -15.91 | 22.14 | 0.7 | 14.75 | 37.25 | 8.29 | -6.43 | 24.66 | 14.36 | -10.13 | 0 | 1.96 | -28.47 | -11.71 | 0 | 0 | 0 | 0 | 0 | -100.0 | 1.12 | 27.27 | 64.71 | 5.9 | 0.0 | 0.0 | 2.01 | 0.0 | 13.56 | 1.04 | 0.0 | 48.57 | 1.3 | 113.11 | 39.78 | 4.36 | 18.8 | 28.24 | -1.38 | -17.95 | -50.0 | -0.08 | 85.71 | -900.0 | 0.23 | 0.06 | 33.01 |
| 21Q1 (6) | 7.85 | -14.11 | -8.08 | 5.6 | 9.8 | 5.66 | 0 | 0 | -100.0 | 0 | 0 | 0 | 14.96 | -6.97 | 49.9 | 0.61 | -15.28 | 45.24 | 8.86 | 1.49 | 40.19 | 15.98 | -7.62 | 0 | 2.74 | 33.01 | 28.04 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.88 | 7.32 | 49.15 | 5.9 | 0.0 | 0.0 | 2.01 | 8.06 | 13.56 | 1.04 | 13.04 | 48.57 | 0.61 | -60.65 | 45.24 | 3.67 | -15.24 | 26.99 | -1.17 | -12.5 | -51.95 | -0.56 | -209.8 | -60.0 | 0.23 | 17.33 | 27.35 |
| 20Q4 (5) | 9.14 | -0.33 | 7.28 | 5.1 | -8.93 | -1.92 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 16.08 | 13.88 | 1.64 | 0.72 | -8.86 | -4.0 | 8.73 | 17.65 | 18.13 | 17.29 | 17.05 | 0 | 2.06 | -3.29 | -11.21 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0.82 | 2.5 | 26.15 | 5.9 | 0.0 | 0.0 | 1.86 | 0.0 | 9.41 | 0.92 | 0.0 | 84.0 | 1.55 | 86.75 | 21.09 | 4.33 | 19.61 | 24.43 | -1.04 | -7.22 | -48.57 | 0.51 | 464.29 | -12.07 | 0.19 | 2.91 | 20.05 |
| 20Q3 (4) | 9.17 | -3.07 | 0.0 | 5.6 | 14.29 | 0.0 | 0.02 | 0 | 0.0 | 0 | 0 | 0.0 | 14.12 | 37.09 | 0.0 | 0.79 | 54.9 | 0.0 | 7.42 | 11.58 | 0.0 | 14.77 | 0 | 0.0 | 2.13 | -4.05 | 0.0 | 0 | 0 | 0.0 | 0.29 | -3.33 | 0.0 | 0.8 | 17.65 | 0.0 | 5.9 | 0.0 | 0.0 | 1.86 | 5.08 | 0.0 | 0.92 | 31.43 | 0.0 | 0.83 | -10.75 | 0.0 | 3.62 | 6.47 | 0.0 | -0.97 | -5.43 | 0.0 | -0.14 | -1500.0 | 0.0 | 0.19 | 10.09 | 0.0 |
