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) | 13.47 | 98.09 | 19.65 | 34.13 | 1.71 | 80.0 | 0 | 0 | 53.15 | -6.8 | 4.33 | -36.23 | 8.09 | 7.58 | 15.22 | 15.43 | 9.6 | -23.38 | 3.82 | -2.55 | 0 | 0 | 15.91 | -5.86 | 12.76 | 0.0 | 5.83 | 13.42 | 1.14 | -46.48 | 8.85 | 26.79 | 15.82 | 11.1 | 0.8 | 35.59 | 9.65 | 27.48 | 0.00 | 0 |
| 2022 (9) | 6.8 | -11.46 | 14.65 | 31.39 | 0.95 | -52.26 | 0 | 0 | 57.03 | 15.82 | 6.79 | 101.48 | 7.52 | -0.92 | 13.19 | -14.46 | 12.53 | 34.44 | 3.92 | -9.05 | 1.71 | -43.93 | 16.9 | 2.74 | 12.76 | 0.0 | 5.14 | 6.86 | 2.13 | 86.84 | 6.98 | 85.15 | 14.24 | 46.5 | 0.59 | 0 | 7.57 | 361.59 | 0.00 | 0 |
| 2021 (8) | 7.68 | 16.72 | 11.15 | 8.57 | 1.99 | 2.58 | 0 | 0 | 49.24 | 16.16 | 3.37 | 126.17 | 7.59 | 20.29 | 15.41 | 3.55 | 9.32 | 20.1 | 4.31 | -4.86 | 3.05 | -19.53 | 16.45 | -7.69 | 12.76 | 0.0 | 4.81 | 3.0 | 1.14 | 0 | 3.77 | 26.94 | 9.72 | 27.23 | -2.13 | 0 | 1.64 | -10.38 | 0.00 | 0 |
| 2020 (7) | 6.58 | 10.96 | 10.27 | 33.38 | 1.94 | -25.95 | 0 | 0 | 42.39 | -32.66 | 1.49 | -57.67 | 6.31 | -31.34 | 14.89 | 1.96 | 7.76 | -10.19 | 4.53 | -6.79 | 3.79 | -33.86 | 17.82 | -9.68 | 12.76 | 0.0 | 4.67 | 8.1 | 0 | 0 | 2.97 | -41.3 | 7.64 | -18.46 | -1.14 | 0 | 1.83 | -64.33 | 0.00 | 0 |
| 2019 (6) | 5.93 | -26.97 | 7.7 | 18.46 | 2.62 | 18.55 | 0 | 0 | 62.95 | -7.3 | 3.52 | 758.54 | 9.19 | -15.46 | 14.60 | -8.79 | 8.64 | 12.35 | 4.86 | 95.97 | 5.73 | -29.61 | 19.73 | -7.37 | 12.76 | 0.0 | 4.32 | 1.17 | 0 | 0 | 5.06 | 26.18 | 9.37 | 12.35 | 0.07 | -91.57 | 5.13 | 5.99 | 0.00 | 0 |
| 2018 (5) | 8.12 | -72.15 | 6.5 | -74.41 | 2.21 | 179.75 | 0 | 0 | 67.91 | 302.79 | 0.41 | -91.05 | 10.87 | 318.08 | 16.01 | 3.8 | 7.69 | 227.23 | 2.48 | 0 | 8.14 | 219.22 | 21.3 | 15114.29 | 12.76 | 45.66 | 4.27 | 11.78 | 0.05 | 0 | 4.01 | -14.32 | 8.34 | -1.77 | 0.83 | 0 | 4.84 | 4.54 | 0.00 | 0 |
| 2017 (4) | 29.16 | 302.76 | 25.4 | 126.79 | 0.79 | 102.56 | 0 | 0 | 16.86 | -12.14 | 4.58 | 21.81 | 2.6 | -18.75 | 15.42 | -7.52 | 2.35 | -11.65 | 0 | 0 | 2.55 | 0.0 | 0.14 | 27.27 | 8.76 | 0.0 | 3.82 | 8.22 | 0 | 0 | 4.68 | 64.79 | 8.49 | 33.28 | -0.05 | 0 | 4.63 | 42.46 | 0.00 | 0 |
| 2016 (3) | 7.24 | 26.35 | 11.2 | 16.06 | 0.39 | 0.0 | 0 | 0 | 19.19 | 0.52 | 3.76 | 11.57 | 3.2 | 2.56 | 16.68 | 2.03 | 2.66 | -15.02 | 7.49 | -2.47 | 2.55 | -21.3 | 0.11 | -15.38 | 8.76 | -3.84 | 3.53 | 10.31 | 0 | 0 | 2.84 | -15.73 | 6.37 | -3.04 | 0.41 | -21.15 | 3.25 | -16.45 | 0.00 | 0 |
| 2015 (2) | 5.73 | 117.05 | 9.65 | -15.35 | 0.39 | 0 | 0 | 0 | 19.09 | 2.8 | 3.37 | 20.36 | 3.12 | -9.57 | 16.34 | -12.03 | 3.13 | -7.12 | 7.68 | -9.0 | 3.24 | 3.85 | 0.13 | -13.33 | 9.11 | 0.0 | 3.2 | 9.59 | 0 | 0 | 3.37 | 16.21 | 6.57 | 12.5 | 0.52 | 73.33 | 3.89 | 21.56 | 0.00 | 0 |
| 2014 (1) | 2.64 | 25.71 | 11.4 | 500.0 | 0 | 0 | 0 | 0 | 18.57 | 7.59 | 2.8 | 27.27 | 3.45 | 13.11 | 18.58 | 5.14 | 3.37 | 18.25 | 8.44 | 444.52 | 3.12 | 0.0 | 0.15 | -11.76 | 9.11 | 0.0 | 2.92 | 6.96 | 0.03 | -93.75 | 2.9 | 57.61 | 5.84 | 15.64 | 0.3 | 0 | 3.2 | 76.8 | 0.00 | 0 |
| 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) | 8.44 | -20.15 | -25.11 | 17.99 | -6.98 | 8.37 | 0.8 | -19.19 | -61.54 | 0 | 0 | 0 | 13.56 | -2.52 | 4.47 | 0.74 | -21.28 | -19.57 | 8.12 | -7.62 | -0.85 | 14.89 | -8.6 | -3.25 | 12.57 | 15.0 | 34.58 | 3.75 | -2.85 | -6.95 | 2.8 | -6.67 | 0 | 15.74 | -4.37 | -6.92 | 12.76 | 0.0 | 0.0 | 6.26 | 0.0 | 7.38 | 0 | 0 | -100.0 | 9.17 | 8.78 | 21.46 | 15.43 | 4.97 | 6.27 | 1.53 | -34.05 | -36.25 | 10.7 | -0.47 | 7.54 | 0.00 | 0 | 0 |
| 24Q2 (19) | 10.57 | -7.28 | 24.35 | 19.34 | 20.12 | 43.37 | 0.99 | -5.71 | -54.79 | 0 | 0 | 0 | 13.91 | 1.24 | 5.86 | 0.94 | -16.07 | 3.3 | 8.79 | -2.33 | 6.55 | 16.29 | -3.73 | 5.68 | 10.93 | 10.18 | 4.49 | 3.86 | 0.52 | -1.53 | 3.0 | -6.25 | 0 | 16.46 | 0.3 | -0.84 | 12.76 | 0.0 | 0.0 | 6.26 | 7.38 | 7.38 | 0 | -100.0 | -100.0 | 8.43 | 24.15 | 27.15 | 14.7 | 6.83 | 8.09 | 2.32 | 7.91 | 68.12 | 10.75 | 20.25 | 34.21 | 0.00 | 0 | 0 |
| 24Q1 (18) | 11.4 | -15.37 | 191.56 | 16.1 | -18.07 | 16.75 | 1.05 | -38.6 | -59.3 | 0 | 0 | 0 | 13.74 | 3.08 | 0.29 | 1.12 | -10.4 | -10.4 | 9.0 | 11.25 | 5.26 | 16.92 | 11.16 | 10.47 | 9.92 | 3.33 | -12.21 | 3.84 | 0.52 | -0.52 | 3.2 | 0 | 0 | 16.41 | 3.14 | -0.67 | 12.76 | 0.0 | 0.0 | 5.83 | 0.0 | 13.42 | 1.14 | 0.0 | -46.48 | 6.79 | -23.28 | 25.28 | 13.76 | -13.02 | 8.43 | 2.15 | 168.75 | 357.45 | 8.94 | -7.36 | 51.78 | 0.00 | 0 | 0 |
| 23Q4 (17) | 13.47 | 19.52 | 98.09 | 19.65 | 18.37 | 34.13 | 1.71 | -17.79 | 80.0 | 0 | 0 | 0 | 13.33 | 2.7 | -0.52 | 1.25 | 35.87 | -11.97 | 8.09 | -1.22 | 7.58 | 15.22 | -1.09 | 15.45 | 9.6 | 2.78 | -23.38 | 3.82 | -5.21 | -2.55 | 0 | 0 | -100.0 | 15.91 | -5.91 | -5.86 | 12.76 | 0.0 | 0.0 | 5.83 | 0.0 | 13.42 | 1.14 | 0.0 | -46.48 | 8.85 | 17.22 | 26.79 | 15.82 | 8.95 | 11.1 | 0.8 | -66.67 | 35.59 | 9.65 | -3.02 | 27.48 | 0.00 | 0 | 0 |
| 23Q3 (16) | 11.27 | 32.59 | 121.41 | 16.6 | 23.05 | -3.77 | 2.08 | -5.02 | 118.95 | 0 | 0 | 0 | 12.98 | -1.22 | -2.26 | 0.92 | 1.1 | -67.83 | 8.19 | -0.73 | 0.74 | 15.39 | -0.17 | 9.48 | 9.34 | -10.71 | -18.99 | 4.03 | 2.81 | -0.98 | 0 | 0 | -100.0 | 16.91 | 1.87 | -4.95 | 12.76 | 0.0 | 0.0 | 5.83 | 0.0 | 13.42 | 1.14 | 0.0 | -46.48 | 7.55 | 13.88 | 36.78 | 14.52 | 6.76 | 13.53 | 2.4 | 73.91 | 79.1 | 9.95 | 24.22 | 45.04 | 0.00 | 0 | 0 |
| 23Q2 (15) | 8.5 | 117.39 | 40.96 | 13.49 | -2.18 | -15.69 | 2.19 | -15.12 | 75.2 | 0 | 0 | 0 | 13.14 | -4.09 | -14.9 | 0.91 | -27.2 | -33.09 | 8.25 | -3.51 | -6.57 | 15.41 | 0.64 | -2.5 | 10.46 | -7.43 | -0.57 | 3.92 | 1.55 | 2.08 | 0 | 0 | -100.0 | 16.6 | 0.48 | -2.41 | 12.76 | 0.0 | 0.0 | 5.83 | 13.42 | 13.42 | 1.14 | -46.48 | -46.48 | 6.63 | 22.32 | 149.25 | 13.6 | 7.17 | 36.96 | 1.38 | 193.62 | 463.16 | 8.01 | 35.99 | 251.32 | 0.00 | 0 | 0 |
| 23Q1 (14) | 3.91 | -42.5 | -38.91 | 13.79 | -5.87 | 13.97 | 2.58 | 171.58 | 91.11 | 0 | 0 | 0 | 13.7 | 2.24 | -8.18 | 1.25 | -11.97 | 9.65 | 8.55 | 13.7 | -10.56 | 15.32 | 16.18 | -15.77 | 11.3 | -9.82 | 8.45 | 3.86 | -1.53 | -12.87 | 0 | -100.0 | -100.0 | 16.52 | -2.25 | -1.14 | 12.76 | 0.0 | 0.0 | 5.14 | 0.0 | 6.86 | 2.13 | 0.0 | 86.84 | 5.42 | -22.35 | 10.39 | 12.69 | -10.88 | 16.85 | 0.47 | -20.34 | 140.87 | 5.89 | -22.19 | 56.65 | 0.00 | 0 | 0 |
| 22Q4 (13) | 6.8 | 33.6 | -11.46 | 14.65 | -15.07 | 31.39 | 0.95 | 0.0 | -52.26 | 0 | 0 | 0 | 13.4 | 0.9 | -5.63 | 1.42 | -50.35 | 26.79 | 7.52 | -7.5 | -0.92 | 13.18 | -6.21 | -14.49 | 12.53 | 8.67 | 34.44 | 3.92 | -3.69 | -9.05 | 1.71 | -18.57 | -43.93 | 16.9 | -5.0 | 2.74 | 12.76 | 0.0 | 0.0 | 5.14 | 0.0 | 6.86 | 2.13 | 0.0 | 86.84 | 6.98 | 26.45 | 85.15 | 14.24 | 11.34 | 46.5 | 0.59 | -55.97 | 127.7 | 7.57 | 10.35 | 361.59 | 0.00 | 0 | 0 |
| 22Q3 (12) | 5.09 | -15.59 | -13.14 | 17.25 | 7.81 | 49.35 | 0.95 | -24.0 | -45.4 | 0 | 0 | 0 | 13.28 | -13.99 | 17.63 | 2.86 | 110.29 | 368.85 | 8.13 | -7.93 | 17.83 | 14.06 | -11.1 | -5.09 | 11.53 | 9.6 | 44.31 | 4.07 | 5.99 | -6.65 | 2.1 | -4.11 | -46.02 | 17.79 | 4.59 | 5.77 | 12.76 | 0.0 | 0.0 | 5.14 | 0.0 | 6.86 | 2.13 | 0.0 | 86.84 | 5.52 | 107.52 | 107.52 | 12.79 | 28.8 | 48.55 | 1.34 | 452.63 | 172.43 | 6.86 | 200.88 | 746.91 | 0.00 | 0 | 0 |
| 22Q2 (11) | 6.03 | -5.78 | -5.63 | 16.0 | 32.23 | 62.44 | 1.25 | -7.41 | -28.16 | 0 | 0 | 0 | 15.44 | 3.49 | 26.97 | 1.36 | 19.3 | 27.1 | 8.83 | -7.64 | 21.63 | 15.81 | -13.06 | -0.67 | 10.52 | 0.96 | 56.32 | 3.84 | -13.32 | -12.33 | 2.19 | -15.12 | -48.1 | 17.01 | 1.8 | -0.41 | 12.76 | 0.0 | 0.0 | 5.14 | 6.86 | 6.86 | 2.13 | 86.84 | 86.84 | 2.66 | -45.82 | 29.76 | 9.93 | -8.56 | 23.97 | -0.38 | 66.96 | 77.65 | 2.28 | -39.36 | 551.43 | 0.00 | 0 | 0 |
| 22Q1 (10) | 6.4 | -16.67 | -6.57 | 12.1 | 8.52 | 26.44 | 1.35 | -32.16 | -22.41 | 0 | 0 | 0 | 14.92 | 5.07 | 28.84 | 1.14 | 1.79 | 103.57 | 9.56 | 25.96 | 39.36 | 18.19 | 17.95 | 7.6 | 10.42 | 11.8 | 39.49 | 4.43 | 2.78 | -1.77 | 2.58 | -15.41 | -47.45 | 16.71 | 1.58 | -4.89 | 12.76 | 0.0 | 0.0 | 4.81 | 0.0 | 3.0 | 1.14 | 0.0 | 0 | 4.91 | 30.24 | 39.09 | 10.86 | 11.73 | 32.28 | -1.15 | 46.01 | 7.26 | 3.76 | 129.27 | 64.19 | 0.00 | 0 | 0 |
| 21Q4 (9) | 7.68 | 31.06 | 16.72 | 11.15 | -3.46 | 8.57 | 1.99 | 14.37 | 2.58 | 0 | 0 | 0 | 14.2 | 25.78 | 22.84 | 1.12 | 83.61 | 47.37 | 7.59 | 10.0 | 20.29 | 15.42 | 4.1 | 3.6 | 9.32 | 16.65 | 20.1 | 4.31 | -1.15 | -4.86 | 3.05 | -21.59 | -19.53 | 16.45 | -2.2 | -7.69 | 12.76 | 0.0 | 0.0 | 4.81 | 0.0 | 3.0 | 1.14 | 0.0 | 0 | 3.77 | 41.73 | 26.94 | 9.72 | 12.89 | 27.23 | -2.13 | -15.14 | -86.84 | 1.64 | 102.47 | -10.38 | 0.00 | 0 | 0 |
| 21Q3 (8) | 5.86 | -8.29 | 7.33 | 11.55 | 17.26 | 25.54 | 1.74 | 0.0 | -18.69 | 0 | 0 | 0 | 11.29 | -7.15 | 9.51 | 0.61 | -42.99 | 24.49 | 6.9 | -4.96 | 10.05 | 14.81 | -6.96 | 7.59 | 7.99 | 18.72 | 7.83 | 4.36 | -0.46 | -6.24 | 3.89 | -7.82 | -11.79 | 16.82 | -1.52 | -8.54 | 12.76 | 0.0 | 0.0 | 4.81 | 0.0 | 3.0 | 1.14 | 0.0 | 0 | 2.66 | 29.76 | 12.71 | 8.61 | 7.49 | 22.3 | -1.85 | -8.82 | -128.4 | 0.81 | 131.43 | -47.74 | 0.00 | 0 | 0 |
| 21Q2 (7) | 6.39 | -6.72 | 16.39 | 9.85 | 2.93 | 17.54 | 1.74 | 0.0 | -46.63 | 0 | 0 | 0 | 12.16 | 5.01 | 70.31 | 1.07 | 91.07 | 565.22 | 7.26 | 5.83 | 35.45 | 15.92 | -5.82 | 0 | 6.73 | -9.91 | -22.2 | 4.38 | -2.88 | -7.79 | 4.22 | -14.05 | 5.76 | 17.08 | -2.79 | -10.39 | 12.76 | 0.0 | 0.0 | 4.81 | 3.0 | 3.0 | 1.14 | 0 | 0 | 2.05 | -41.93 | 9.63 | 8.01 | -2.44 | 22.48 | -1.7 | -37.1 | -277.78 | 0.35 | -84.72 | -75.35 | 0.00 | 0 | 0 |
| 21Q1 (6) | 6.85 | 4.1 | 31.23 | 9.57 | -6.82 | 33.85 | 1.74 | -10.31 | -50.29 | 0 | 0 | 0 | 11.58 | 0.17 | -13.52 | 0.56 | -26.32 | 21.74 | 6.86 | 8.72 | -18.62 | 16.90 | 13.56 | 0 | 7.47 | -3.74 | -12.01 | 4.51 | -0.44 | -7.39 | 4.91 | 29.55 | 12.87 | 17.57 | -1.4 | -10.4 | 12.76 | 0.0 | 0.0 | 4.67 | 0.0 | 8.1 | 0 | 0 | 0 | 3.53 | 18.86 | -35.93 | 8.21 | 7.46 | -16.48 | -1.24 | -8.77 | -1871.43 | 2.29 | 25.14 | -58.96 | 0.00 | 0 | 0 |
| 20Q4 (5) | 6.58 | 20.51 | 10.96 | 10.27 | 11.63 | 33.38 | 1.94 | -9.35 | -25.95 | 0 | 0 | 0 | 11.56 | 12.12 | -21.41 | 0.76 | 55.1 | -12.64 | 6.31 | 0.64 | -31.34 | 14.88 | 8.11 | 0 | 7.76 | 4.72 | -10.19 | 4.53 | -2.58 | -6.79 | 3.79 | -14.06 | -33.86 | 17.82 | -3.1 | -9.68 | 12.76 | 0.0 | 0.0 | 4.67 | 0.0 | 8.1 | 0 | 0 | 0 | 2.97 | 25.85 | -41.3 | 7.64 | 8.52 | -18.46 | -1.14 | -40.74 | -1728.57 | 1.83 | 18.06 | -64.33 | 0.00 | 0 | 0 |
| 20Q3 (4) | 5.46 | -0.55 | 0.0 | 9.2 | 9.79 | 0.0 | 2.14 | -34.36 | 0.0 | 0 | 0 | 0.0 | 10.31 | 44.4 | 0.0 | 0.49 | 313.04 | 0.0 | 6.27 | 16.98 | 0.0 | 13.77 | 0 | 0.0 | 7.41 | -14.34 | 0.0 | 4.65 | -2.11 | 0.0 | 4.41 | 10.53 | 0.0 | 18.39 | -3.52 | 0.0 | 12.76 | 0.0 | 0.0 | 4.67 | 0.0 | 0.0 | 0 | 0 | 0.0 | 2.36 | 26.2 | 0.0 | 7.04 | 7.65 | 0.0 | -0.81 | -80.0 | 0.0 | 1.55 | 9.15 | 0.0 | 0.00 | 0 | 0.0 |
