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) | 3.69 | -35.04 | 4.94 | -15.12 | 0 | 0 | 0 | 0 | 5.45 | -29.22 | 0.75 | -60.73 | 1.47 | -23.44 | 26.97 | 8.17 | 1.95 | -8.02 | 2.75 | -5.82 | 0 | 0 | 0 | 0 | 8.76 | 0.57 | 2.94 | 6.91 | 0.16 | 128.57 | 1.11 | -43.65 | 4.2 | -12.13 | 0.03 | 0 | 1.14 | -37.02 | 0.00 | 0 |
| 2022 (9) | 5.68 | -19.55 | 5.82 | -55.88 | 0 | 0 | 0 | 0 | 7.7 | -3.75 | 1.91 | 135.8 | 1.92 | -18.64 | 24.94 | -15.47 | 2.12 | 4.43 | 2.92 | 11.88 | 0 | 0 | 0 | 0 | 8.71 | 0.23 | 2.75 | 3.38 | 0.07 | 0.0 | 1.97 | 126.44 | 4.78 | 32.78 | -0.16 | 0 | 1.81 | 120.73 | 0.00 | 0 |
| 2021 (8) | 7.06 | 5.69 | 13.19 | 37.68 | 0 | 0 | 0 | 0 | 8.0 | 31.8 | 0.81 | 138.24 | 2.36 | 19.19 | 29.50 | -9.56 | 2.03 | 30.13 | 2.61 | -4.4 | 0 | 0 | 0 | 0 | 8.69 | 0.12 | 2.66 | 1.53 | 0.07 | -69.57 | 0.87 | 52.63 | 3.6 | 5.26 | -0.05 | 0 | 0.82 | 26.15 | 0.00 | 0 |
| 2020 (7) | 6.68 | -1.76 | 9.58 | 80.41 | 0 | 0 | 0 | 0 | 6.07 | -6.62 | 0.34 | -57.5 | 1.98 | -4.35 | 32.62 | 2.43 | 1.56 | 15.56 | 2.73 | 2.25 | 0 | 0 | 0 | 0 | 8.68 | 0.12 | 2.62 | 3.15 | 0.23 | -56.6 | 0.57 | -34.48 | 3.42 | -13.42 | 0.08 | 0 | 0.65 | 1.56 | 0.00 | 0 |
| 2019 (6) | 6.8 | -16.46 | 5.31 | -22.82 | 0 | 0 | 0 | 0 | 6.5 | -9.97 | 0.8 | -37.01 | 2.07 | 2.48 | 31.85 | 13.83 | 1.35 | -27.03 | 2.67 | 2.3 | 0 | 0 | 0 | 0 | 8.67 | 0.46 | 2.54 | 4.96 | 0.53 | 657.14 | 0.87 | -42.76 | 3.95 | -1.25 | -0.23 | 0 | 0.64 | -35.35 | 0.00 | 0 |
| 2018 (5) | 8.14 | 0.12 | 6.88 | 9.9 | 0 | 0 | 0 | 0 | 7.22 | 3.44 | 1.27 | 195.35 | 2.02 | -6.91 | 27.98 | -10.01 | 1.85 | 25.0 | 2.61 | 6.97 | 0 | 0 | 0 | 0 | 8.63 | 0.12 | 2.42 | 2.11 | 0.07 | 0.0 | 1.52 | 237.78 | 4.0 | 38.41 | -0.53 | 0 | 0.99 | 45.59 | 0.00 | 0 |
| 2017 (4) | 8.13 | 0.0 | 6.26 | 26.98 | 0 | 0 | 0 | 0 | 6.98 | 8.55 | 0.43 | -48.19 | 2.17 | 5.85 | 31.09 | -2.49 | 1.48 | 16.54 | 2.44 | 4.72 | 0 | 0 | 0 | 0 | 8.62 | 0.35 | 2.37 | 3.49 | 0.07 | 0.0 | 0.45 | -45.78 | 2.89 | -9.12 | 0.23 | -39.47 | 0.68 | -43.8 | 0.00 | 0 |
| 2016 (3) | 8.13 | -13.33 | 4.93 | -22.97 | 0 | 0 | 0 | 0 | 6.43 | 1.74 | 0.83 | -20.19 | 2.05 | 7.89 | 31.88 | 6.05 | 1.27 | -15.33 | 2.33 | 0 | 0 | 0 | 0 | 0 | 8.59 | 0.94 | 2.29 | 4.57 | 0.07 | 0.0 | 0.83 | -25.89 | 3.18 | -5.64 | 0.38 | -48.65 | 1.21 | -34.95 | 0.00 | 0 |
| 2015 (2) | 9.38 | 31.01 | 6.4 | 61.21 | 0 | 0 | 0 | 0 | 6.32 | -6.09 | 1.04 | -14.05 | 1.9 | -14.8 | 30.06 | -9.27 | 1.5 | 4.17 | 0 | 0 | 0 | 0 | 0 | 0 | 8.51 | 1.31 | 2.19 | 5.8 | 0.07 | 0.0 | 1.12 | -18.84 | 3.37 | -3.99 | 0.74 | -45.59 | 1.86 | -32.12 | 0.00 | 0 |
| 2014 (1) | 7.16 | -26.94 | 3.97 | -24.24 | 0 | 0 | 0 | 0 | 6.73 | -4.27 | 1.21 | 0.83 | 2.23 | -3.04 | 33.14 | 1.28 | 1.44 | -10.56 | 0 | 0 | 0 | 0 | 0.01 | -50.0 | 8.4 | 1.33 | 2.07 | 6.15 | 0.07 | 0.0 | 1.38 | -18.34 | 3.51 | -5.14 | 1.36 | 58.14 | 2.74 | 7.45 | 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) | 2.97 | -22.05 | -31.72 | 4.85 | 7.78 | 3.85 | 0 | 0 | 0 | 0 | 0 | 0 | 1.59 | 10.42 | 29.27 | 0.22 | -18.52 | -40.54 | 1.73 | 7.45 | 20.98 | 31.12 | 0.5 | 29.25 | 1.63 | -2.98 | -26.58 | 2.85 | 7.55 | 2.15 | 0 | 0 | 0 | 0 | 0 | 0 | 8.78 | 0.0 | 0.23 | 3.01 | 0.0 | 2.38 | 0.07 | 0.0 | -56.25 | 1.15 | 23.66 | -8.73 | 4.22 | 5.5 | -3.21 | 1.32 | 78.38 | 2540.0 | 2.47 | 47.9 | 88.55 | 0.00 | 0 | 0 |
| 24Q2 (19) | 3.81 | 20.57 | -39.33 | 4.5 | -13.79 | -26.95 | 0 | 0 | 0 | 0 | 0 | 0 | 1.44 | 18.03 | -0.69 | 0.27 | -3.57 | -15.62 | 1.61 | 11.03 | 13.38 | 30.96 | 11.25 | 45.21 | 1.68 | -8.7 | -23.29 | 2.65 | -5.02 | -3.99 | 0 | 0 | 0 | 0 | 0 | 0 | 8.78 | 0.23 | 0.23 | 3.01 | 2.38 | 2.38 | 0.07 | -56.25 | -56.25 | 0.93 | -32.61 | 3.33 | 4.0 | -10.71 | 0.25 | 0.74 | 362.5 | 640.0 | 1.67 | 8.44 | 67.0 | 0.00 | 0 | 0 |
| 24Q1 (18) | 3.16 | -14.36 | -49.92 | 5.22 | 5.67 | -14.57 | 0 | 0 | 0 | 0 | 0 | 0 | 1.22 | -6.87 | -16.44 | 0.28 | 300.0 | 40.0 | 1.45 | -1.36 | -11.59 | 27.83 | 3.18 | 22.19 | 1.84 | -5.64 | -16.36 | 2.79 | 1.45 | -5.1 | 0 | 0 | 0 | 0 | 0 | 0 | 8.76 | 0.0 | 0.57 | 2.94 | 0.0 | 6.91 | 0.16 | 0.0 | 128.57 | 1.38 | 24.32 | -36.41 | 4.48 | 6.67 | -10.04 | 0.16 | 433.33 | 366.67 | 1.54 | 35.09 | -27.01 | 0.00 | 0 | 0 |
| 23Q4 (17) | 3.69 | -15.17 | -35.04 | 4.94 | 5.78 | -15.12 | 0 | 0 | 0 | 0 | 0 | 0 | 1.31 | 6.5 | -27.22 | -0.14 | -137.84 | -240.0 | 1.47 | 2.8 | -23.44 | 26.97 | 12.04 | 8.17 | 1.95 | -12.16 | -8.02 | 2.75 | -1.43 | -5.82 | 0 | 0 | 0 | 0 | 0 | 0 | 8.76 | 0.0 | 0.57 | 2.94 | 0.0 | 6.91 | 0.16 | 0.0 | 128.57 | 1.11 | -11.9 | -43.65 | 4.2 | -3.67 | -12.13 | 0.03 | -40.0 | 118.75 | 1.14 | -12.98 | -37.02 | 0.00 | 0 | 0 |
| 23Q3 (16) | 4.35 | -30.73 | -17.61 | 4.67 | -24.19 | -26.92 | 0 | 0 | 0 | 0 | 0 | 0 | 1.23 | -15.17 | -36.92 | 0.37 | 15.62 | -53.75 | 1.43 | 0.7 | -30.24 | 24.07 | 12.91 | -6.17 | 2.22 | 1.37 | 0.45 | 2.79 | 1.09 | -3.12 | 0 | 0 | 0 | 0 | 0 | 0 | 8.76 | 0.0 | 0.57 | 2.94 | 0.0 | 6.91 | 0.16 | 0.0 | 128.57 | 1.26 | 40.0 | -31.15 | 4.36 | 9.27 | -6.24 | 0.05 | -50.0 | 129.41 | 1.31 | 31.0 | -21.08 | 0.00 | 0 | 0 |
| 23Q2 (15) | 6.28 | -0.48 | -8.85 | 6.16 | 0.82 | -24.23 | 0 | 0 | 0 | 0 | 0 | 0 | 1.45 | -0.68 | -27.14 | 0.32 | 60.0 | -17.95 | 1.42 | -13.41 | -34.86 | 21.32 | -6.39 | -20.97 | 2.19 | -0.45 | -3.52 | 2.76 | -6.12 | 5.75 | 0 | 0 | 0 | 0 | 0 | 0 | 8.76 | 0.57 | 0.57 | 2.94 | 6.91 | 6.91 | 0.16 | 128.57 | 128.57 | 0.9 | -58.53 | -15.09 | 3.99 | -19.88 | 3.1 | 0.1 | 266.67 | 143.48 | 1.0 | -52.61 | 20.48 | 0.00 | 0 | 0 |
| 23Q1 (14) | 6.31 | 11.09 | 10.7 | 6.11 | 4.98 | -41.19 | 0 | 0 | 0 | 0 | 0 | 0 | 1.46 | -18.89 | -25.51 | 0.2 | 100.0 | -67.74 | 1.64 | -14.58 | -25.11 | 22.78 | -8.65 | -15.03 | 2.2 | 3.77 | 2.33 | 2.94 | 0.68 | 9.7 | 0 | 0 | 0 | 0 | 0 | 0 | 8.71 | 0.0 | 0.23 | 2.75 | 0.0 | 3.38 | 0.07 | 0.0 | 0.0 | 2.17 | 10.15 | 45.64 | 4.98 | 4.18 | 18.01 | -0.06 | 62.5 | 25.0 | 2.11 | 16.57 | 49.65 | 0.00 | 0 | 0 |
| 22Q4 (13) | 5.68 | 7.58 | -19.55 | 5.82 | -8.92 | -55.88 | 0 | 0 | 0 | 0 | 0 | 0 | 1.8 | -7.69 | -13.88 | 0.1 | -87.5 | -64.29 | 1.92 | -6.34 | -18.64 | 24.94 | -2.81 | -15.47 | 2.12 | -4.07 | 4.43 | 2.92 | 1.39 | 11.88 | 0 | 0 | 0 | 0 | 0 | 0 | 8.71 | 0.0 | 0.23 | 2.75 | 0.0 | 3.38 | 0.07 | 0.0 | 0.0 | 1.97 | 7.65 | 126.44 | 4.78 | 2.8 | 32.78 | -0.16 | 5.88 | -220.0 | 1.81 | 9.04 | 120.73 | 0.00 | 0 | 0 |
| 22Q3 (12) | 5.28 | -23.37 | -13.3 | 6.39 | -21.4 | -50.23 | 0 | 0 | 0 | 0 | 0 | 0 | 1.95 | -2.01 | -4.41 | 0.8 | 105.13 | 196.3 | 2.05 | -5.96 | -15.29 | 25.66 | -4.9 | -19.64 | 2.21 | -2.64 | 7.8 | 2.88 | 10.34 | 9.09 | 0 | 0 | 0 | 0 | 0 | 0 | 8.71 | 0.0 | 0.23 | 2.75 | 0.0 | 3.38 | 0.07 | 0.0 | 0.0 | 1.83 | 72.64 | 221.05 | 4.65 | 20.16 | 40.91 | -0.17 | 26.09 | -41.67 | 1.66 | 100.0 | 268.89 | 0.00 | 0 | 0 |
| 22Q2 (11) | 6.89 | 20.88 | 11.67 | 8.13 | -21.75 | -28.93 | 0 | 0 | 0 | 0 | 0 | 0 | 1.99 | 1.53 | -4.33 | 0.39 | -37.1 | 550.0 | 2.18 | -0.46 | -6.84 | 26.98 | 0.65 | -19.06 | 2.27 | 5.58 | 19.47 | 2.61 | -2.61 | -6.45 | 0 | 0 | 0 | 0 | 0 | 0 | 8.71 | 0.23 | 0.23 | 2.75 | 3.38 | 3.38 | 0.07 | 0.0 | 0.0 | 1.06 | -28.86 | 253.33 | 3.87 | -8.29 | 27.72 | -0.23 | -187.5 | -235.29 | 0.83 | -41.13 | 76.6 | 0.00 | 0 | 0 |
| 22Q1 (10) | 5.7 | -19.26 | -17.15 | 10.39 | -21.23 | -1.05 | 0 | 0 | 0 | 0 | 0 | 0 | 1.96 | -6.22 | 9.5 | 0.62 | 121.43 | 226.32 | 2.19 | -7.2 | 8.96 | 26.81 | -9.13 | -13.05 | 2.15 | 5.91 | 31.1 | 2.68 | 2.68 | -1.83 | 0 | 0 | 0 | 0 | 0 | 0 | 8.69 | 0.0 | 0.12 | 2.66 | 0.0 | 1.53 | 0.07 | 0.0 | -69.57 | 1.49 | 71.26 | 96.05 | 4.22 | 17.22 | 16.9 | -0.08 | -60.0 | -166.67 | 1.41 | 71.95 | 60.23 | 0.00 | 0 | 0 |
| 21Q4 (9) | 7.06 | 15.93 | 5.69 | 13.19 | 2.73 | 37.68 | 0 | 0 | 0 | 0 | 0 | 0 | 2.09 | 2.45 | 25.15 | 0.28 | 3.7 | 211.11 | 2.36 | -2.48 | 19.19 | 29.50 | -7.6 | -9.41 | 2.03 | -0.98 | 30.13 | 2.61 | -1.14 | -4.4 | 0 | 0 | 0 | 0 | 0 | 0 | 8.69 | 0.0 | 0.12 | 2.66 | 0.0 | 1.53 | 0.07 | 0.0 | -69.57 | 0.87 | 52.63 | 52.63 | 3.6 | 9.09 | 5.26 | -0.05 | 58.33 | -162.5 | 0.82 | 82.22 | 26.15 | 0.00 | 0 | 0 |
| 21Q3 (8) | 6.09 | -1.3 | -9.1 | 12.84 | 12.24 | 54.7 | 0 | 0 | 0 | 0 | 0 | 0 | 2.04 | -1.92 | 37.84 | 0.27 | 350.0 | 237.5 | 2.42 | 3.42 | 35.2 | 31.93 | -4.22 | 9.16 | 2.05 | 7.89 | 25.77 | 2.64 | -5.38 | 2.72 | 0 | 0 | 0 | 0 | 0 | 0 | 8.69 | 0.0 | 0.12 | 2.66 | 0.0 | 1.53 | 0.07 | 0.0 | -69.57 | 0.57 | 90.0 | 29.55 | 3.3 | 8.91 | 0.3 | -0.12 | -170.59 | 57.14 | 0.45 | -4.26 | 181.25 | 0.00 | 0 | 0 |
| 21Q2 (7) | 6.17 | -10.32 | -18.71 | 11.44 | 8.95 | 80.16 | 0 | 0 | 0 | 0 | 0 | 0 | 2.08 | 16.2 | 31.65 | 0.06 | -68.42 | -40.0 | 2.34 | 16.42 | 30.0 | 33.33 | 8.13 | 0 | 1.9 | 15.85 | 31.94 | 2.79 | 2.2 | 9.41 | 0 | 0 | 0 | 0 | 0 | 0 | 8.69 | 0.12 | 0.12 | 2.66 | 1.53 | 1.53 | 0.07 | -69.57 | -69.57 | 0.3 | -60.53 | -16.67 | 3.03 | -16.07 | -5.61 | 0.17 | 41.67 | 135.42 | 0.47 | -46.59 | 491.67 | 0.00 | 0 | 0 |
| 21Q1 (6) | 6.88 | 2.99 | 15.44 | 10.5 | 9.6 | 116.05 | 0 | 0 | 0 | 0 | 0 | 0 | 1.79 | 7.19 | 32.59 | 0.19 | 111.11 | 171.43 | 2.01 | 1.52 | 16.18 | 30.83 | -5.34 | 0 | 1.64 | 5.13 | 17.14 | 2.73 | 0.0 | 0.74 | 0 | 0 | 0 | 0 | 0 | 0 | 8.68 | 0.0 | 0.12 | 2.62 | 0.0 | 3.15 | 0.23 | 0.0 | -56.6 | 0.76 | 33.33 | -19.15 | 3.61 | 5.56 | -9.98 | 0.12 | 50.0 | 115.79 | 0.88 | 35.38 | 388.89 | 0.00 | 0 | 0 |
| 20Q4 (5) | 6.68 | -0.3 | -1.76 | 9.58 | 15.42 | 80.41 | 0 | 0 | 0 | 0 | 0 | 0 | 1.67 | 12.84 | -2.34 | 0.09 | 12.5 | 212.5 | 1.98 | 10.61 | -4.35 | 32.57 | 11.34 | 0 | 1.56 | -4.29 | 15.56 | 2.73 | 6.23 | 2.25 | 0 | 0 | 0 | 0 | 0 | 0 | 8.68 | 0.0 | 0.12 | 2.62 | 0.0 | 3.15 | 0.23 | 0.0 | -56.6 | 0.57 | 29.55 | -34.48 | 3.42 | 3.95 | -13.42 | 0.08 | 128.57 | 134.78 | 0.65 | 306.25 | 1.56 | 0.00 | 0 | 0 |
| 20Q3 (4) | 6.7 | -11.73 | 0.0 | 8.3 | 30.71 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 1.48 | -6.33 | 0.0 | 0.08 | -20.0 | 0.0 | 1.79 | -0.56 | 0.0 | 29.25 | 0 | 0.0 | 1.63 | 13.19 | 0.0 | 2.57 | 0.78 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 8.68 | 0.0 | 0.0 | 2.62 | 0.0 | 0.0 | 0.23 | 0.0 | 0.0 | 0.44 | 22.22 | 0.0 | 3.29 | 2.49 | 0.0 | -0.28 | 41.67 | 0.0 | 0.16 | 233.33 | 0.0 | 0.00 | 0 | 0.0 |
