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) | 9.0 | 39.1 | 3.05 | 76.3 | 3.34 | 128.77 | 0 | 0 | 32.93 | -21.39 | 1.52 | -24.38 | 13.07 | -16.7 | 39.69 | 5.97 | 3.24 | -8.22 | 0.24 | -14.29 | 1.25 | -64.49 | 0.55 | 685.71 | 8.08 | 3.59 | 1.01 | 21.69 | 1.09 | -15.5 | 6.17 | 17.3 | 8.27 | 12.06 | -1.33 | 0 | 4.84 | 16.07 | 0.22 | 1.05 |
| 2022 (9) | 6.47 | 2.7 | 1.73 | -50.57 | 1.46 | 265.0 | 0 | 0 | 41.89 | -10.76 | 2.01 | 93.27 | 15.69 | -14.17 | 37.46 | -3.82 | 3.53 | -27.66 | 0.28 | 0 | 3.52 | 110.78 | 0.07 | -12.5 | 7.8 | -3.11 | 0.83 | 13.7 | 1.29 | -5.84 | 5.26 | 34.53 | 7.38 | 22.8 | -1.09 | 0 | 4.17 | 59.16 | 0.22 | -3.85 |
| 2021 (8) | 6.3 | 51.08 | 3.5 | -6.17 | 0.4 | 21.21 | 0 | 0 | 46.94 | 18.45 | 1.04 | -2.8 | 18.28 | 24.35 | 38.94 | 4.99 | 4.88 | 40.63 | 0 | 0 | 1.67 | -17.33 | 0.08 | -11.11 | 8.05 | 0.0 | 0.73 | 15.87 | 1.37 | -12.18 | 3.91 | 22.96 | 6.01 | 11.92 | -1.29 | 0 | 2.62 | 44.75 | 0.23 | -6.63 |
| 2020 (7) | 4.17 | -10.13 | 3.73 | 65.04 | 0.33 | -73.81 | 0 | 0 | 39.63 | -3.83 | 1.07 | 24.42 | 14.7 | 8.25 | 37.09 | 12.56 | 3.47 | -14.11 | 0 | 0 | 2.02 | -28.37 | 0.09 | 350.0 | 8.05 | -1.23 | 0.63 | 18.87 | 1.56 | 24.8 | 3.18 | 17.78 | 5.37 | 19.6 | -1.37 | 0 | 1.81 | 58.77 | 0.25 | -6.06 |
| 2019 (6) | 4.64 | -31.96 | 2.26 | -9.24 | 1.26 | -53.16 | 0 | 0 | 41.21 | -12.24 | 0.86 | -36.3 | 13.58 | -13.5 | 32.95 | -1.43 | 4.04 | -23.63 | 0 | 0 | 2.82 | 347.62 | 0.02 | -33.33 | 8.15 | 0.25 | 0.53 | 32.5 | 1.25 | 23.76 | 2.7 | 8.43 | 4.49 | 15.13 | -1.56 | 0 | 1.14 | -5.79 | 0.26 | -37.92 |
| 2018 (5) | 6.82 | 12.17 | 2.49 | -20.7 | 2.69 | 1394.44 | 0 | 0 | 46.96 | 2.85 | 1.35 | 2.27 | 15.7 | 1.88 | 33.43 | -0.94 | 5.29 | 1.54 | 0 | 0 | 0.63 | -77.42 | 0.03 | 0.0 | 8.13 | 5.04 | 0.4 | 48.15 | 1.01 | 94.23 | 2.49 | 5.96 | 3.9 | 24.2 | -1.28 | 0 | 1.21 | -9.7 | 0.42 | -6.4 |
| 2017 (4) | 6.08 | 49.39 | 3.14 | 0.0 | 0.18 | -28.0 | 0 | 0 | 45.66 | 6.93 | 1.32 | -7.04 | 15.41 | 2.39 | 33.75 | -4.25 | 5.21 | 32.23 | 0 | 0 | 2.79 | 287.5 | 0.03 | 0 | 7.74 | 0.0 | 0.27 | 125.0 | 0.52 | 0 | 2.35 | 1.73 | 3.14 | 29.22 | -1.01 | 0 | 1.34 | -25.14 | 0.45 | -2.31 |
| 2016 (3) | 4.07 | -2.16 | 3.14 | 18.05 | 0.25 | 0 | 0 | 0 | 42.7 | 4.53 | 1.42 | 14.52 | 15.05 | 8.82 | 35.25 | 4.11 | 3.94 | 17.26 | 0 | 0 | 0.72 | 0 | 0 | 0 | 7.74 | 0.0 | 0.12 | 0 | 0 | 0 | 2.31 | 86.29 | 2.43 | 95.97 | -0.52 | 0 | 1.79 | 14.74 | 0.46 | -0.78 |
| 2015 (2) | 4.16 | -12.61 | 2.66 | -17.39 | 0 | 0 | 0 | 0 | 40.85 | 3.6 | 1.24 | 65.33 | 13.83 | -13.07 | 33.86 | -16.1 | 3.36 | -8.2 | 0 | 0 | 0 | 0 | 0 | 0 | 7.74 | -22.75 | 0 | 0 | 0 | 0 | 1.24 | 0 | 1.24 | 0 | 0.32 | -17.95 | 1.56 | 0 | 0.47 | -4.55 |
| 2014 (1) | 4.76 | 16.95 | 3.22 | 26.27 | 0.03 | 50.0 | 0 | 0 | 39.43 | 20.43 | 0.75 | 0 | 15.91 | 37.39 | 40.35 | 14.08 | 3.66 | 75.96 | 0 | 0 | 0 | 0 | 0.01 | -80.0 | 10.02 | 21.16 | 0 | 0 | 0 | 0 | -2.28 | 0 | -2.28 | 0 | 0.39 | 116.67 | -1.89 | 0 | 0.49 | -15.9 |
| 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) | 17.12 | 8.91 | 149.56 | 8.22 | 8.73 | 380.7 | 1.76 | -37.59 | -57.18 | 0 | 0 | 0 | 11.76 | 17.6 | 32.28 | 0.14 | -78.12 | -77.42 | 17.09 | -1.84 | 33.93 | 44.75 | -9.21 | 20.22 | 6.24 | 20.7 | 86.83 | 0.21 | 0.0 | -16.0 | 2.71 | 5.04 | 137.72 | 0.57 | 0.0 | 1.79 | 10.31 | 6.51 | 32.18 | 1.16 | 0.0 | 14.85 | 1.33 | 0.0 | 22.02 | 6.36 | 2.25 | 6.89 | 8.86 | 1.61 | 10.06 | -1.01 | 1.94 | 9.82 | 5.35 | 3.08 | 10.77 | 0.29 | -5.9 | 23.19 |
| 24Q2 (19) | 15.72 | 73.51 | 162.88 | 7.56 | 285.71 | 481.54 | 2.82 | 1.81 | -33.49 | 0 | 0 | 0 | 10.0 | 34.23 | 36.99 | 0.64 | 56.1 | 23.08 | 17.41 | 39.39 | 53.26 | 49.29 | 28.74 | 55.34 | 5.17 | 40.87 | 72.91 | 0.21 | -92.86 | -22.22 | 2.58 | 84.29 | 561.54 | 0.57 | 1.79 | 1040.0 | 9.68 | 0.0 | 24.1 | 1.16 | 14.85 | 14.85 | 1.33 | 22.02 | 22.02 | 6.22 | -7.85 | 16.7 | 8.72 | -1.58 | 17.36 | -1.03 | 8.85 | 27.46 | 5.19 | -7.65 | 32.74 | 0.31 | 60.79 | 35.5 |
| 24Q1 (18) | 9.06 | 0.67 | 26.71 | 1.96 | -35.74 | 34.25 | 2.77 | -17.07 | -35.73 | 0 | 0 | 0 | 7.45 | -17.04 | -3.87 | 0.41 | 86.36 | 156.25 | 12.49 | -4.44 | -2.12 | 38.29 | -3.56 | 19.04 | 3.67 | 13.27 | 10.21 | 2.94 | 1125.0 | 950.0 | 1.4 | 12.0 | 145.61 | 0.56 | 1.82 | 833.33 | 9.68 | 19.8 | 24.1 | 1.01 | 0.0 | 21.69 | 1.09 | 0.0 | -15.5 | 6.75 | 9.4 | 24.77 | 8.86 | 7.13 | 17.66 | -1.13 | 15.04 | -5.61 | 5.62 | 16.12 | 29.49 | 0.19 | -14.92 | -13.69 |
| 23Q4 (17) | 9.0 | 31.2 | 39.1 | 3.05 | 78.36 | 76.3 | 3.34 | -18.73 | 128.77 | 0 | 0 | 0 | 8.98 | 1.01 | -13.15 | 0.22 | -64.52 | -38.89 | 13.07 | 2.43 | -16.7 | 39.70 | 6.66 | 5.97 | 3.24 | -2.99 | -8.22 | 0.24 | -4.0 | -14.29 | 1.25 | 9.65 | -64.49 | 0.55 | -1.79 | 685.71 | 8.08 | 3.59 | 3.59 | 1.01 | 0.0 | 21.69 | 1.09 | 0.0 | -15.5 | 6.17 | 3.7 | 17.3 | 8.27 | 2.73 | 12.06 | -1.33 | -18.75 | -22.02 | 4.84 | 0.21 | 16.07 | 0.22 | -4.29 | 1.05 |
| 23Q3 (16) | 6.86 | 14.72 | -20.88 | 1.71 | 31.54 | -32.68 | 4.11 | -3.07 | 542.19 | 0 | 0 | 0 | 8.89 | 21.78 | -14.6 | 0.62 | 19.23 | -41.51 | 12.76 | 12.32 | -21.28 | 37.22 | 17.3 | 1.93 | 3.34 | 11.71 | -15.23 | 0.25 | -7.41 | 0 | 1.14 | 192.31 | -80.65 | 0.56 | 1020.0 | 700.0 | 7.8 | 0.0 | -3.11 | 1.01 | 0.0 | 21.69 | 1.09 | 0.0 | -15.5 | 5.95 | 11.63 | 15.76 | 8.05 | 8.34 | 11.03 | -1.12 | 21.13 | -14.29 | 4.83 | 23.53 | 16.11 | 0.23 | 3.49 | 2.35 |
| 23Q2 (15) | 5.98 | -16.36 | -32.35 | 1.3 | -10.96 | -37.2 | 4.24 | -1.62 | 748.0 | 0 | 0 | 0 | 7.3 | -5.81 | -34.65 | 0.52 | 225.0 | 23.81 | 11.36 | -10.97 | -24.57 | 31.73 | -1.35 | -1.41 | 2.99 | -10.21 | -33.85 | 0.27 | -3.57 | 0 | 0.39 | -31.58 | -90.85 | 0.05 | -16.67 | -28.57 | 7.8 | 0.0 | -3.11 | 1.01 | 21.69 | 21.69 | 1.09 | -15.5 | -15.5 | 5.33 | -1.48 | 30.96 | 7.43 | -1.33 | 20.03 | -1.42 | -32.71 | -27.93 | 3.91 | -9.91 | 32.09 | 0.23 | 2.42 | -0.61 |
| 23Q1 (14) | 7.15 | 10.51 | -10.62 | 1.46 | -15.61 | -38.91 | 4.31 | 195.21 | 977.5 | 0 | 0 | 0 | 7.75 | -25.05 | -22.19 | 0.16 | -55.56 | 0.0 | 12.76 | -18.67 | -22.95 | 32.17 | -14.14 | -8.96 | 3.33 | -5.67 | -39.34 | 0.28 | 0.0 | 0 | 0.57 | -83.81 | -87.82 | 0.06 | -14.29 | -14.29 | 7.8 | 0.0 | -3.11 | 0.83 | 0.0 | 13.7 | 1.29 | 0.0 | -5.84 | 5.41 | 2.85 | 32.92 | 7.53 | 2.03 | 22.04 | -1.07 | 1.83 | -13.83 | 4.34 | 4.08 | 38.66 | 0.22 | -0.39 | -1.18 |
| 22Q4 (13) | 6.47 | -25.37 | 2.7 | 1.73 | -31.89 | -50.57 | 1.46 | 128.12 | 265.0 | 0 | 0 | 0 | 10.34 | -0.67 | -19.53 | 0.36 | -66.04 | 5.88 | 15.69 | -3.21 | -14.17 | 37.46 | 2.59 | -3.8 | 3.53 | -10.41 | -27.66 | 0.28 | 0 | 0 | 3.52 | -40.24 | 110.78 | 0.07 | 0.0 | -12.5 | 7.8 | -3.11 | -3.11 | 0.83 | 0.0 | 13.7 | 1.29 | 0.0 | -5.84 | 5.26 | 2.33 | 34.53 | 7.38 | 1.79 | 22.8 | -1.09 | -11.22 | 15.5 | 4.17 | 0.24 | 59.16 | 0.22 | -3.06 | -3.85 |
| 22Q3 (12) | 8.67 | -1.92 | 7.84 | 2.54 | 22.71 | -41.88 | 0.64 | 28.0 | 60.0 | 0 | 0 | 0 | 10.41 | -6.8 | -18.74 | 1.06 | 152.38 | 194.44 | 16.21 | 7.64 | -4.42 | 36.52 | 13.46 | -3.65 | 3.94 | -12.83 | -28.23 | 0 | 0 | 0 | 5.89 | 38.26 | 230.9 | 0.07 | 0.0 | -12.5 | 8.05 | 0.0 | 0.0 | 0.83 | 0.0 | 13.7 | 1.29 | 0.0 | -5.84 | 5.14 | 26.29 | 42.78 | 7.25 | 17.12 | 27.19 | -0.98 | 11.71 | 33.33 | 4.16 | 40.54 | 95.31 | 0.23 | 0.51 | -4.17 |
| 22Q2 (11) | 8.84 | 10.5 | -10.16 | 2.07 | -13.39 | -51.41 | 0.5 | 25.0 | 78.57 | 0 | 0 | 0 | 11.17 | 12.15 | -0.71 | 0.42 | 162.5 | 162.5 | 15.06 | -9.06 | 2.94 | 32.19 | -8.9 | -6.34 | 4.52 | -17.67 | -18.85 | 0 | 0 | 0 | 4.26 | -8.97 | 99.07 | 0.07 | 0.0 | -30.0 | 8.05 | 0.0 | 0.0 | 0.83 | 13.7 | 31.75 | 1.29 | -5.84 | -17.31 | 4.07 | 0.0 | 14.33 | 6.19 | 0.32 | 7.84 | -1.11 | -18.09 | 23.97 | 2.96 | -5.43 | 40.95 | 0.23 | 1.83 | -6.14 |
| 22Q1 (10) | 8.0 | 26.98 | 70.94 | 2.39 | -31.71 | -27.36 | 0.4 | 0.0 | 344.44 | 0 | 0 | 0 | 9.96 | -22.49 | -0.7 | 0.16 | -52.94 | -11.11 | 16.56 | -9.41 | 13.74 | 35.33 | -9.27 | 2.11 | 5.49 | 12.5 | 19.09 | 0 | 0 | 0 | 4.68 | 180.24 | 123.92 | 0.07 | -12.5 | -12.5 | 8.05 | 0.0 | 0.0 | 0.73 | 0.0 | 15.87 | 1.37 | 0.0 | -12.18 | 4.07 | 4.09 | 19.71 | 6.17 | 2.66 | 10.57 | -0.94 | 27.13 | 32.86 | 3.13 | 19.47 | 56.5 | 0.22 | -3.08 | -8.36 |
| 21Q4 (9) | 6.3 | -21.64 | 51.08 | 3.5 | -19.91 | -6.17 | 0.4 | 0.0 | 21.21 | 0 | 0 | 0 | 12.85 | 0.31 | 20.54 | 0.34 | -5.56 | 30.77 | 18.28 | 7.78 | 24.35 | 38.94 | 2.75 | 4.99 | 4.88 | -11.11 | 40.63 | 0 | 0 | 0 | 1.67 | -6.18 | -17.33 | 0.08 | 0.0 | -11.11 | 8.05 | 0.0 | 0.0 | 0.73 | 0.0 | 15.87 | 1.37 | 0.0 | -12.18 | 3.91 | 8.61 | 22.96 | 6.01 | 5.44 | 11.92 | -1.29 | 12.24 | 5.84 | 2.62 | 23.0 | 44.75 | 0.23 | -3.38 | -6.63 |
| 21Q3 (8) | 8.04 | -18.29 | 154.43 | 4.37 | 2.58 | 53.33 | 0.4 | 42.86 | 263.64 | 0 | 0 | 0 | 12.81 | 13.87 | 20.51 | 0.36 | 125.0 | 56.52 | 16.96 | 15.93 | 17.29 | 37.90 | 10.28 | 3.0 | 5.49 | -1.44 | 65.86 | 0 | 0 | 0 | 1.78 | -16.82 | -25.21 | 0.08 | -20.0 | -20.0 | 8.05 | 0.0 | 0.0 | 0.73 | 15.87 | 15.87 | 1.37 | -12.18 | -12.18 | 3.6 | 1.12 | 22.45 | 5.7 | -0.7 | 11.33 | -1.47 | -0.68 | 10.37 | 2.13 | 1.43 | 63.85 | 0.24 | -1.56 | -11.08 |
| 21Q2 (7) | 9.84 | 110.26 | 128.31 | 4.26 | 29.48 | 16.71 | 0.28 | 211.11 | -45.1 | 0 | 0 | 0 | 11.25 | 12.16 | 4.55 | 0.16 | -11.11 | -68.0 | 14.63 | 0.48 | 10.75 | 34.37 | -0.68 | 0 | 5.57 | 20.82 | 57.34 | 0 | 0 | 0 | 2.14 | 2.39 | -12.65 | 0.1 | 25.0 | -9.09 | 8.05 | 0.0 | 0.12 | 0.63 | 0.0 | 0.0 | 1.56 | 0.0 | 0.0 | 3.56 | 4.71 | 31.85 | 5.74 | 2.87 | 17.38 | -1.46 | -4.29 | 21.51 | 2.1 | 5.0 | 150.0 | 0.24 | -0.59 | -10.99 |
| 21Q1 (6) | 4.68 | 12.23 | 9.86 | 3.29 | -11.8 | 20.07 | 0.09 | -72.73 | -92.68 | 0 | 0 | 0 | 10.03 | -5.91 | 32.32 | 0.18 | -30.77 | 157.14 | 14.56 | -0.95 | 26.83 | 34.60 | -6.72 | 0 | 4.61 | 32.85 | 27.35 | 0 | 0 | 0 | 2.09 | 3.47 | -25.62 | 0.08 | -11.11 | 300.0 | 8.05 | 0.0 | -1.23 | 0.63 | 0.0 | 18.87 | 1.56 | 0.0 | 24.8 | 3.4 | 6.92 | 22.74 | 5.58 | 3.91 | 22.64 | -1.4 | -2.19 | 19.54 | 2.0 | 10.5 | 94.17 | 0.24 | -1.25 | -7.22 |
| 20Q4 (5) | 4.17 | 31.96 | -10.13 | 3.73 | 30.88 | 65.04 | 0.33 | 200.0 | -73.81 | 0 | 0 | 0 | 10.66 | 0.28 | 3.19 | 0.26 | 13.04 | 36.84 | 14.7 | 1.66 | 8.25 | 37.09 | 0.81 | 0 | 3.47 | 4.83 | -14.11 | 0 | 0 | 0 | 2.02 | -15.13 | -28.37 | 0.09 | -10.0 | 350.0 | 8.05 | 0.0 | -1.23 | 0.63 | 0.0 | 18.87 | 1.56 | 0.0 | 24.8 | 3.18 | 8.16 | 17.78 | 5.37 | 4.88 | 19.6 | -1.37 | 16.46 | 12.18 | 1.81 | 39.23 | 58.77 | 0.25 | -7.99 | -6.06 |
| 20Q3 (4) | 3.16 | -26.68 | 0.0 | 2.85 | -21.92 | 0.0 | 0.11 | -78.43 | 0.0 | 0 | 0 | 0.0 | 10.63 | -1.21 | 0.0 | 0.23 | -54.0 | 0.0 | 14.46 | 9.46 | 0.0 | 36.79 | 0 | 0.0 | 3.31 | -6.5 | 0.0 | 0 | 0 | 0.0 | 2.38 | -2.86 | 0.0 | 0.1 | -9.09 | 0.0 | 8.05 | 0.12 | 0.0 | 0.63 | 0.0 | 0.0 | 1.56 | 0.0 | 0.0 | 2.94 | 8.89 | 0.0 | 5.12 | 4.7 | 0.0 | -1.64 | 11.83 | 0.0 | 1.3 | 54.76 | 0.0 | 0.27 | -1.46 | 0.0 |
