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) | 2.47 | -32.88 | 0.31 | -22.5 | 0.07 | 0.0 | 0 | 0 | 2.31 | 171.76 | -0.8 | 0 | 0.2 | 33.33 | 8.66 | -50.94 | 0.23 | 475.0 | 2.28 | 47.1 | 0.66 | -9.59 | 0.86 | 168.75 | 4.43 | 0.0 | 0 | 0 | 0 | 0 | -0.86 | 0 | -0.86 | 0 | -0.12 | 0 | -0.98 | 0 | 0.15 | 0 |
| 2022 (9) | 3.68 | 717.78 | 0.4 | 0.0 | 0.07 | 250.0 | 0 | 0 | 0.85 | -18.27 | 0.01 | -96.88 | 0.15 | 7.14 | 17.65 | 31.09 | 0.04 | 33.33 | 1.55 | -49.01 | 0.73 | 508.33 | 0.32 | 166.67 | 4.43 | 18.13 | 0 | 0 | 0 | 0 | -0.02 | 0 | -0.02 | 0 | -0.08 | 0 | -0.1 | 0 | 0.00 | 0 |
| 2021 (8) | 0.45 | -49.44 | 0.4 | -89.01 | 0.02 | -87.5 | 0 | 0 | 1.04 | -24.64 | 0.32 | 0 | 0.14 | 55.56 | 13.46 | 106.41 | 0.03 | -40.0 | 3.04 | -63.11 | 0.12 | -96.7 | 0.12 | -20.0 | 3.75 | 27.12 | 0 | 0 | 0 | 0 | -0.03 | 0 | -0.03 | 0 | -0.09 | 0 | -0.12 | 0 | 0.00 | 0 |
| 2020 (7) | 0.89 | 147.22 | 3.64 | 3540.0 | 0.16 | 60.0 | 0 | 0 | 1.38 | 119.05 | -0.27 | 0 | 0.09 | -50.0 | 6.52 | -77.17 | 0.05 | -50.0 | 8.24 | 171.05 | 3.64 | 115.38 | 0.15 | 0 | 2.95 | 8.06 | 0 | 0 | 0 | 0 | -0.35 | 0 | -0.35 | 0 | -0.1 | 0 | -0.45 | 0 | 0.35 | 54.02 |
| 2019 (6) | 0.36 | -48.57 | 0.1 | 0 | 0.1 | 66.67 | 0 | 0 | 0.63 | 16.67 | -0.16 | 0 | 0.18 | 350.0 | 28.57 | 285.71 | 0.1 | 400.0 | 3.04 | 36.32 | 1.69 | 32.03 | 0 | 0 | 2.73 | 2.25 | 0 | 0 | 0 | 0 | -0.19 | 0 | -0.19 | 0 | -0.1 | 0 | -0.29 | 0 | 0.22 | 0 |
| 2018 (5) | 0.7 | -51.72 | 0 | 0 | 0.06 | 0.0 | 0.02 | 0 | 0.54 | -37.21 | -0.23 | 0 | 0.04 | -50.0 | 7.41 | -20.37 | 0.02 | 0 | 2.23 | -0.89 | 1.28 | -4.48 | 0 | 0 | 2.67 | 0.0 | 0 | 0 | 0.02 | 0.0 | -0.28 | 0 | -0.26 | 0 | -0.09 | 0 | -0.37 | 0 | 0.00 | 0 |
| 2017 (4) | 1.45 | -15.7 | 0 | 0 | 0.06 | 0 | 0 | 0 | 0.86 | -51.96 | -0.1 | 0 | 0.08 | -61.9 | 9.30 | -20.71 | 0 | 0 | 2.25 | 922.73 | 1.34 | 0 | 0 | 0 | 2.67 | 0.0 | 0 | 0 | 0.02 | 0 | -0.1 | 0 | -0.08 | 0 | -0.03 | 0 | -0.13 | 0 | 0.00 | 0 |
| 2016 (3) | 1.72 | 20.28 | 0 | 0 | 0 | 0 | 0 | 0 | 1.79 | -26.94 | 0.02 | 0 | 0.21 | -30.0 | 11.73 | -4.19 | 0.02 | -75.0 | 0.22 | 4.76 | 0 | 0 | 0 | 0 | 2.67 | 0.0 | 0 | 0 | 0 | 0 | 0.02 | 0 | 0.02 | 0 | -0.03 | 0 | -0.01 | 0 | 0.01 | -69.19 |
| 2015 (2) | 1.43 | -35.29 | 0 | 0 | 0 | 0 | 0 | 0 | 2.45 | -18.33 | -0.03 | 0 | 0.3 | -25.0 | 12.24 | -8.16 | 0.08 | 14.29 | 0.21 | 40.0 | 0 | 0 | 0 | 0 | 2.67 | 0.0 | 0.02 | 0 | 0 | 0 | -0.03 | 0 | -0.02 | 0 | 0.01 | 0.0 | -0.02 | 0 | 0.03 | 8.14 |
| 2014 (1) | 2.21 | -16.6 | 0 | 0 | 0 | 0 | 0 | 0 | 3.0 | -61.83 | 0.15 | 0 | 0.4 | -23.08 | 13.33 | 101.54 | 0.07 | 0.0 | 0.15 | 66.67 | 0 | 0 | 0.01 | -80.0 | 2.67 | 0.0 | 0 | 0 | 0 | 0 | 0.15 | 0 | 0.15 | 0 | 0.01 | 0.0 | 0.16 | 0 | 0.03 | 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) | 2.36 | 8.26 | 0.0 | 0.31 | 0.0 | 0.0 | 0.07 | 0.0 | 0.0 | 0 | 0 | 0 | 0.56 | -6.67 | -6.67 | -0.02 | -150.0 | -200.0 | 0.25 | -13.79 | 4.17 | 12.14 | -12.12 | -0.89 | 0.21 | 0.0 | 10.53 | 2.2 | -6.78 | -0.45 | 0.57 | -3.39 | -16.18 | 0.83 | -3.49 | -6.74 | 4.43 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100.0 | -100.0 | -0.04 | -100.0 | -116.67 | -0.13 | -18.18 | -18.18 | -0.13 | 0.0 | -200.0 | 0.15 | 1.51 | -11.93 |
| 24Q2 (19) | 2.18 | -5.22 | -4.8 | 0.31 | 0.0 | -22.5 | 0.07 | 0.0 | 0.0 | 0 | 0 | 0 | 0.6 | 62.16 | -6.25 | 0.04 | 166.67 | -89.19 | 0.29 | 38.1 | 7.41 | 13.81 | 40.73 | -16.12 | 0.21 | -8.7 | 16.67 | 2.36 | 2.61 | 51.28 | 0.59 | -7.81 | -15.71 | 0.86 | 0.0 | -2.27 | 4.43 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.02 | 97.83 | -109.09 | -0.02 | 97.83 | -109.09 | -0.11 | 0.0 | -37.5 | -0.13 | 87.38 | -192.86 | 0.15 | 1.32 | -11.82 |
| 24Q1 (18) | 2.3 | -6.88 | -13.86 | 0.31 | 0.0 | -22.5 | 0.07 | 0.0 | 0.0 | 0 | 0 | 0 | 0.37 | -30.19 | -30.19 | -0.06 | 94.55 | 33.33 | 0.21 | 5.0 | 0.0 | 9.81 | 12.85 | -42.99 | 0.23 | 0.0 | 9.52 | 2.3 | 0.88 | 45.57 | 0.64 | -3.03 | -9.86 | 0.86 | 0.0 | -27.73 | 4.43 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.92 | -6.98 | -736.36 | -0.92 | -6.98 | -736.36 | -0.11 | 8.33 | -57.14 | -1.03 | -5.1 | -472.22 | 0.15 | 1.36 | 18.59 |
| 23Q4 (17) | 2.47 | 4.66 | -32.88 | 0.31 | 0.0 | -22.5 | 0.07 | 0.0 | 0.0 | 0 | 0 | 0 | 0.53 | -11.67 | 178.95 | -1.1 | -5600.0 | -558.33 | 0.2 | -16.67 | 33.33 | 8.70 | -28.99 | -50.14 | 0.23 | 21.05 | 475.0 | 2.28 | 3.17 | 47.1 | 0.66 | -2.94 | -9.59 | 0.86 | -3.37 | 168.75 | 4.43 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.86 | -458.33 | -4200.0 | -0.86 | -458.33 | -4200.0 | -0.12 | -9.09 | -50.0 | -0.98 | -853.85 | -880.0 | 0.15 | -15.51 | 0 |
| 23Q3 (16) | 2.36 | 3.06 | -35.52 | 0.31 | -22.5 | -22.5 | 0.07 | 0.0 | -82.05 | 0 | 0 | 0 | 0.6 | -6.25 | 114.29 | 0.02 | -94.59 | -33.33 | 0.24 | -11.11 | 41.18 | 12.24 | -25.62 | -35.17 | 0.19 | 5.56 | 280.0 | 2.21 | 41.67 | 48.32 | 0.68 | -2.86 | 58.14 | 0.89 | 1.14 | 169.7 | 4.43 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.24 | 9.09 | 192.31 | 0.24 | 9.09 | 192.31 | -0.11 | -37.5 | -22.22 | 0.13 | -7.14 | 137.14 | 0.17 | 1.63 | 0 |
| 23Q2 (15) | 2.29 | -14.23 | -14.55 | 0.4 | 0.0 | -42.86 | 0.07 | 0.0 | 600.0 | 0 | 0 | 0 | 0.64 | 20.75 | 190.91 | 0.37 | 511.11 | 384.62 | 0.27 | 28.57 | 35.0 | 16.46 | -4.36 | -29.21 | 0.18 | -14.29 | 350.0 | 1.56 | -1.27 | -50.32 | 0.7 | -1.41 | 1650.0 | 0.88 | -26.05 | 780.0 | 4.43 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.22 | 300.0 | 178.57 | 0.22 | 300.0 | 178.57 | -0.08 | -14.29 | 11.11 | 0.14 | 177.78 | 137.84 | 0.17 | 36.26 | 0 |
| 23Q1 (14) | 2.67 | -27.45 | 1012.5 | 0.4 | 0.0 | 0.0 | 0.07 | 0.0 | 250.0 | 0 | 0 | 0 | 0.53 | 178.95 | 211.76 | -0.09 | -137.5 | 30.77 | 0.21 | 40.0 | 75.0 | 17.21 | -1.31 | 42.01 | 0.21 | 425.0 | 950.0 | 1.58 | 1.94 | -49.36 | 0.71 | -2.74 | 491.67 | 1.19 | 271.88 | 981.82 | 4.43 | 0.0 | 18.13 | 0 | 0 | 0 | 0 | 0 | 0 | -0.11 | -450.0 | 26.67 | -0.11 | -450.0 | 26.67 | -0.07 | 12.5 | 22.22 | -0.18 | -80.0 | 25.0 | 0.12 | 0 | 0 |
| 22Q4 (13) | 3.68 | 0.55 | 717.78 | 0.4 | 0.0 | 0.0 | 0.07 | -82.05 | 250.0 | 0 | 0 | 0 | 0.19 | -32.14 | -17.39 | 0.24 | 700.0 | 84.62 | 0.15 | -11.76 | 7.14 | 17.44 | -7.66 | 29.57 | 0.04 | -20.0 | 33.33 | 1.55 | 4.03 | -49.01 | 0.73 | 69.77 | 508.33 | 0.32 | -3.03 | 166.67 | 4.43 | 0.0 | 18.13 | 0 | 0 | 0 | 0 | 0 | 0 | -0.02 | 92.31 | 33.33 | -0.02 | 92.31 | 33.33 | -0.08 | 11.11 | 11.11 | -0.1 | 71.43 | 16.67 | 0.00 | 0 | 0 |
| 22Q3 (12) | 3.66 | 36.57 | 1207.14 | 0.4 | -42.86 | -18.37 | 0.39 | 3800.0 | 200.0 | 0 | 0 | 0 | 0.28 | 27.27 | 16.67 | 0.03 | 123.08 | -72.73 | 0.17 | -15.0 | 54.55 | 18.89 | -18.78 | 102.63 | 0.05 | 25.0 | 0.0 | 1.49 | -52.55 | -54.01 | 0.43 | 975.0 | -72.44 | 0.33 | 230.0 | 153.85 | 4.43 | 0.0 | 50.17 | 0 | 0 | 0 | 0 | 0 | 0 | -0.26 | 7.14 | -62.5 | -0.26 | 7.14 | -62.5 | -0.09 | 0.0 | 18.18 | -0.35 | 5.41 | -29.63 | 0.00 | 0 | 0 |
| 22Q2 (11) | 2.68 | 1016.67 | 764.52 | 0.7 | 75.0 | 2.94 | 0.01 | -50.0 | -92.31 | 0 | 0 | 0 | 0.22 | 29.41 | -37.14 | -0.13 | 0.0 | -200.0 | 0.2 | 66.67 | 25.0 | 23.26 | 91.86 | 93.31 | 0.04 | 100.0 | -60.0 | 3.14 | 0.64 | -1.57 | 0.04 | -66.67 | -97.48 | 0.1 | -9.09 | -28.57 | 4.43 | 18.13 | 50.17 | 0 | 0 | 0 | 0 | 0 | 0 | -0.28 | -86.67 | -7.69 | -0.28 | -86.67 | -7.69 | -0.09 | 0.0 | 25.0 | -0.37 | -54.17 | 2.63 | 0.00 | 0 | 0 |
| 22Q1 (10) | 0.24 | -46.67 | -52.94 | 0.4 | 0.0 | -89.39 | 0.02 | 0.0 | -91.3 | 0 | 0 | 0 | 0.17 | -26.09 | -22.73 | -0.13 | -200.0 | -225.0 | 0.12 | -14.29 | 50.0 | 12.12 | -9.96 | 110.61 | 0.02 | -33.33 | -50.0 | 3.12 | 2.63 | -69.97 | 0.12 | 0.0 | -97.24 | 0.11 | -8.33 | -26.67 | 3.75 | 0.0 | 27.12 | 0 | 0 | 0 | 0 | 0 | 0 | -0.15 | -400.0 | 61.54 | -0.15 | -400.0 | 61.54 | -0.09 | 0.0 | 0.0 | -0.24 | -100.0 | 50.0 | 0.00 | 0 | -100.0 |
| 21Q4 (9) | 0.45 | 60.71 | -49.44 | 0.4 | -18.37 | -89.01 | 0.02 | -84.62 | -87.5 | 0 | 0 | 0 | 0.23 | -4.17 | -37.84 | 0.13 | 18.18 | 244.44 | 0.14 | 27.27 | 55.56 | 13.46 | 44.41 | 113.89 | 0.03 | -40.0 | -40.0 | 3.04 | -6.17 | -63.11 | 0.12 | -92.31 | -96.7 | 0.12 | -7.69 | -20.0 | 3.75 | 27.12 | 27.12 | 0 | 0 | 0 | 0 | 0 | 0 | -0.03 | 81.25 | 91.43 | -0.03 | 81.25 | 91.43 | -0.09 | 18.18 | 10.0 | -0.12 | 55.56 | 73.33 | 0.00 | 0 | -100.0 |
| 21Q3 (8) | 0.28 | -9.68 | -50.0 | 0.49 | -27.94 | -84.74 | 0.13 | 0.0 | 0.0 | 0 | 0 | 0 | 0.24 | -31.43 | -38.46 | 0.11 | -15.38 | 237.5 | 0.11 | -31.25 | 0.0 | 9.32 | -22.51 | 11.02 | 0.05 | -50.0 | 0.0 | 3.24 | 1.57 | -59.45 | 1.56 | -1.89 | -45.83 | 0.13 | -7.14 | -18.75 | 2.95 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.16 | 38.46 | 38.46 | -0.16 | 38.46 | 38.46 | -0.11 | 8.33 | 31.25 | -0.27 | 28.95 | 35.71 | 0.00 | 0 | -100.0 |
| 21Q2 (7) | 0.31 | -39.22 | -41.51 | 0.68 | -81.96 | -66.34 | 0.13 | -43.48 | 18.18 | 0 | 0 | 0 | 0.35 | 59.09 | -14.63 | 0.13 | 425.0 | 285.71 | 0.16 | 100.0 | 60.0 | 12.03 | 109.02 | 0 | 0.1 | 150.0 | 42.86 | 3.19 | -69.3 | -50.31 | 1.59 | -63.45 | -42.39 | 0.14 | -6.67 | 100.0 | 2.95 | 0.0 | 1.37 | 0 | 0 | 0 | 0 | 0 | 0 | -0.26 | 33.33 | -44.44 | -0.26 | 33.33 | -44.44 | -0.12 | -33.33 | 45.45 | -0.38 | 20.83 | 5.0 | 0.00 | -100.0 | -100.0 |
| 21Q1 (6) | 0.51 | -42.7 | -16.39 | 3.77 | 3.57 | 416.44 | 0.23 | 43.75 | 130.0 | 0 | 0 | 0 | 0.22 | -40.54 | -15.38 | -0.04 | 55.56 | -33.33 | 0.08 | -11.11 | -33.33 | 5.76 | -8.55 | 0 | 0.04 | -20.0 | -55.56 | 10.39 | 26.09 | 146.21 | 4.35 | 19.51 | 123.08 | 0.15 | 0.0 | 0 | 2.95 | 0.0 | 1.37 | 0 | 0 | 0 | 0 | 0 | 0 | -0.39 | -11.43 | -77.27 | -0.39 | -11.43 | -77.27 | -0.09 | 10.0 | 10.0 | -0.48 | -6.67 | -50.0 | 0.38 | 8.65 | 30.48 |
| 20Q4 (5) | 0.89 | 58.93 | 147.22 | 3.64 | 13.4 | 3540.0 | 0.16 | 23.08 | 60.0 | 0 | 0 | 0 | 0.37 | -5.13 | 48.0 | -0.09 | -12.5 | -350.0 | 0.09 | -18.18 | -50.0 | 6.29 | -25.05 | 0 | 0.05 | 0.0 | -50.0 | 8.24 | 3.13 | 171.05 | 3.64 | 26.39 | 115.38 | 0.15 | -6.25 | 0 | 2.95 | 0.0 | 8.06 | 0 | 0 | 0 | 0 | 0 | 0 | -0.35 | -34.62 | -84.21 | -0.35 | -34.62 | -84.21 | -0.1 | 37.5 | 0.0 | -0.45 | -7.14 | -55.17 | 0.35 | 13.55 | 54.02 |
| 20Q3 (4) | 0.56 | 5.66 | 0.0 | 3.21 | 58.91 | 0.0 | 0.13 | 18.18 | 0.0 | 0 | 0 | 0.0 | 0.39 | -4.88 | 0.0 | -0.08 | -14.29 | 0.0 | 0.11 | 10.0 | 0.0 | 8.40 | 0 | 0.0 | 0.05 | -28.57 | 0.0 | 7.99 | 24.45 | 0.0 | 2.88 | 4.35 | 0.0 | 0.16 | 128.57 | 0.0 | 2.95 | 1.37 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | -0.26 | -44.44 | 0.0 | -0.26 | -44.44 | 0.0 | -0.16 | 27.27 | 0.0 | -0.42 | -5.0 | 0.0 | 0.31 | 2.78 | 0.0 |
