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) | 1.83 | -15.67 | 0.8 | -50.0 | 0.01 | 0.0 | 0 | 0 | 13.6 | 8.11 | -0.04 | 0 | 1.79 | -23.5 | 13.16 | -29.24 | 5.27 | -5.89 | 0 | 0 | 0.02 | -33.33 | 0.04 | -60.0 | 6.85 | 0.0 | 0.78 | 4.0 | 0.01 | -91.67 | -0.04 | 0 | 0.75 | -38.02 | -0.01 | 0 | -0.05 | 0 | 0.00 | 0 |
| 2022 (9) | 2.17 | 14.21 | 1.6 | -12.09 | 0.01 | -87.5 | 0 | 0 | 12.58 | -11.35 | 0.32 | -8.57 | 2.34 | -2.09 | 18.60 | 10.44 | 5.6 | -2.27 | 0 | 0 | 0.03 | -40.0 | 0.1 | -33.33 | 6.85 | 0.0 | 0.75 | 5.63 | 0.12 | 300.0 | 0.35 | -5.41 | 1.21 | 9.01 | -0.01 | 0 | 0.34 | 36.0 | 0.00 | 0 |
| 2021 (8) | 1.9 | 21.02 | 1.82 | 80.2 | 0.08 | 300.0 | 0 | 0 | 14.19 | 37.63 | 0.35 | 0 | 2.39 | 12.21 | 16.84 | -18.47 | 5.73 | 37.41 | 0 | 0 | 0.05 | -44.44 | 0.15 | 36.36 | 6.85 | 0.0 | 0.71 | -46.62 | 0.03 | 0.0 | 0.37 | 0 | 1.11 | 50.0 | -0.12 | 0 | 0.25 | 0 | 0.00 | 0 |
| 2020 (7) | 1.57 | -7.1 | 1.01 | 26.25 | 0.02 | 0 | 0 | 0 | 10.31 | -19.83 | -0.62 | 0 | 2.13 | -4.91 | 20.66 | 18.61 | 4.17 | 3.99 | 0 | 0 | 0.09 | 0 | 0.11 | -21.43 | 6.85 | 0.0 | 1.33 | -5.67 | 0.03 | 0.0 | -0.62 | 0 | 0.74 | -45.59 | -0.09 | 0 | -0.71 | 0 | 0.00 | 0 |
| 2019 (6) | 1.69 | -21.4 | 0.8 | -11.11 | 0 | 0 | 0 | 0 | 12.86 | -17.98 | -0.09 | 0 | 2.24 | -34.69 | 17.42 | -20.37 | 4.01 | -19.15 | 0 | 0 | 0 | 0 | 0.14 | 100.0 | 6.85 | 0.0 | 1.41 | 4.44 | 0.03 | 0 | -0.08 | 0 | 1.36 | -29.9 | -0.07 | 0 | -0.15 | 0 | 0.00 | 0 |
| 2018 (5) | 2.15 | 4.88 | 0.9 | 80.0 | 0 | 0 | 0 | 0 | 15.68 | 26.25 | 0.57 | 0 | 3.43 | 30.92 | 21.88 | 3.7 | 4.96 | 17.54 | 0 | 0 | 0 | 0 | 0.07 | 75.0 | 6.85 | 0.0 | 1.35 | -26.63 | 0 | 0 | 0.59 | 0 | 1.94 | 43.7 | -0.03 | 0 | 0.56 | 0 | 0.00 | 0 |
| 2017 (4) | 2.05 | -40.75 | 0.5 | 0 | 0 | 0 | 0 | 0 | 12.42 | -4.75 | -0.56 | 0 | 2.62 | 37.89 | 21.10 | 44.78 | 4.22 | 2.43 | 0 | 0 | 0 | 0 | 0.04 | -50.0 | 6.85 | 0.0 | 1.84 | 4.55 | 0 | 0 | -0.49 | 0 | 1.35 | -47.88 | -0.03 | 0 | -0.52 | 0 | 0.00 | 0 |
| 2016 (3) | 3.46 | 56.56 | 0 | 0 | 0 | 0 | 0 | 0 | 13.04 | 15.3 | 0.82 | 100.0 | 1.9 | -7.77 | 14.57 | -20.0 | 4.12 | -8.24 | 0 | 0 | 0 | 0 | 0.08 | -42.86 | 6.85 | 0.0 | 1.76 | -20.72 | 0 | 0 | 0.83 | 219.23 | 2.59 | 4.86 | 0.02 | -33.33 | 0.85 | 193.1 | 0.00 | 0 |
| 2015 (2) | 2.21 | -4.33 | 0 | 0 | 0 | 0 | 0 | 0 | 11.31 | -16.59 | 0.41 | 7.89 | 2.06 | 5.1 | 18.21 | 26.01 | 4.49 | -14.64 | 0 | 0 | 0 | 0 | 0.14 | -30.0 | 6.85 | -1.15 | 2.22 | -25.0 | 0 | 0 | 0.26 | 0 | 2.47 | -14.83 | 0.03 | 50.0 | 0.29 | 0 | 0.00 | 0 |
| 2014 (1) | 2.31 | 8.96 | 0 | 0 | 0 | 0 | 0 | 0 | 13.56 | -5.24 | 0.38 | -26.92 | 1.96 | -8.84 | 14.45 | -3.8 | 5.26 | 6.91 | 0 | 0 | 0 | 0 | 0.2 | -56.52 | 6.93 | -2.39 | 2.96 | 1.37 | 0 | 0 | -0.05 | 0 | 2.9 | -14.2 | 0.02 | 100.0 | -0.03 | 0 | 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) | 0.93 | -38.82 | -50.0 | 1.4 | 16.67 | 86.67 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 3.31 | 16.55 | 20.8 | -0.15 | 46.43 | -36.36 | 1.71 | -13.2 | -12.31 | 14.17 | -17.3 | 4.26 | 6.0 | 1.18 | 21.95 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0.02 | -33.33 | -75.0 | 6.85 | 0.0 | 0.0 | 0.74 | 0.0 | -5.13 | 0.01 | 0.0 | 0.0 | -0.43 | -53.57 | -490.91 | 0.32 | -31.91 | -64.44 | 0.02 | -50.0 | -33.33 | -0.41 | -70.83 | -392.86 | 0.00 | 0 | 0 |
| 24Q2 (19) | 1.52 | -13.64 | -42.21 | 1.2 | -14.29 | 20.0 | 0.01 | 0.0 | 0.0 | 0 | 0 | 0 | 2.84 | -1.05 | -9.55 | -0.28 | 0 | -115.38 | 1.97 | -7.94 | 4.79 | 17.13 | -5.54 | 32.94 | 5.93 | 12.31 | 32.66 | 0 | 0 | 0 | 0.01 | -50.0 | -66.67 | 0.03 | 0.0 | -62.5 | 6.85 | 0.0 | 0.0 | 0.74 | -5.13 | -5.13 | 0.01 | 0.0 | 0.0 | -0.28 | -600.0 | -227.27 | 0.47 | -37.33 | -53.47 | 0.04 | 33.33 | 0 | -0.24 | -2300.0 | -209.09 | 0.00 | 0 | 0 |
| 24Q1 (18) | 1.76 | -3.83 | 18.92 | 1.4 | 75.0 | -12.5 | 0.01 | 0.0 | 0.0 | 0 | 0 | 0 | 2.87 | -5.9 | -38.54 | 0 | 100.0 | -100.0 | 2.14 | 19.55 | -31.63 | 18.14 | 37.79 | -15.75 | 5.28 | 0.19 | 6.45 | 0 | 0 | 0 | 0.02 | 0.0 | -33.33 | 0.03 | -25.0 | -66.67 | 6.85 | 0.0 | 0.0 | 0.78 | 0.0 | 4.0 | 0.01 | 0.0 | -91.67 | -0.04 | 0.0 | -105.88 | 0.75 | 0.0 | -51.61 | 0.03 | 400.0 | 250.0 | -0.01 | 80.0 | -101.52 | 0.00 | 0 | 0 |
| 23Q4 (17) | 1.83 | -1.61 | -15.67 | 0.8 | 6.67 | -50.0 | 0.01 | 0.0 | 0.0 | 0 | 0 | 0 | 3.05 | 11.31 | -19.74 | -0.15 | -36.36 | -215.38 | 1.79 | -8.21 | -23.5 | 13.16 | -3.14 | -29.24 | 5.27 | 7.11 | -5.89 | 0 | 0 | 0 | 0.02 | -33.33 | -33.33 | 0.04 | -50.0 | -60.0 | 6.85 | 0.0 | 0.0 | 0.78 | 0.0 | 4.0 | 0.01 | 0.0 | -91.67 | -0.04 | -136.36 | -111.43 | 0.75 | -16.67 | -38.02 | -0.01 | -133.33 | 0.0 | -0.05 | -135.71 | -114.71 | 0.00 | 0 | 0 |
| 23Q3 (16) | 1.86 | -29.28 | 21.57 | 0.75 | -25.0 | -64.79 | 0.01 | 0.0 | -66.67 | 0 | 0 | 0 | 2.74 | -12.74 | -8.05 | -0.11 | 15.38 | -237.5 | 1.95 | 3.72 | -5.8 | 13.59 | 5.46 | -15.45 | 4.92 | 10.07 | -21.03 | 0 | 0 | 0 | 0.03 | 0.0 | -25.0 | 0.08 | 0.0 | -33.33 | 6.85 | 0.0 | 0.0 | 0.78 | 0.0 | 4.0 | 0.01 | 0.0 | -91.67 | 0.11 | -50.0 | -45.0 | 0.9 | -10.89 | -15.09 | 0.03 | 0 | 50.0 | 0.14 | -36.36 | -36.36 | 0.00 | 0 | 0 |
| 23Q2 (15) | 2.63 | 77.7 | 75.33 | 1.0 | -37.5 | -57.08 | 0.01 | 0.0 | -66.67 | 0 | 0 | 0 | 3.14 | -32.76 | 1.62 | -0.13 | -138.24 | -262.5 | 1.88 | -39.94 | -20.34 | 12.89 | -40.14 | -26.62 | 4.47 | -9.88 | -26.96 | 0 | 0 | 0 | 0.03 | 0.0 | -40.0 | 0.08 | -11.11 | -38.46 | 6.85 | 0.0 | 0.0 | 0.78 | 4.0 | 4.0 | 0.01 | -91.67 | -91.67 | 0.22 | -67.65 | 83.33 | 1.01 | -34.84 | 3.06 | 0 | 100.0 | 100.0 | 0.22 | -66.67 | 175.0 | 0.00 | 0 | 0 |
| 23Q1 (14) | 1.48 | -31.8 | 7.25 | 1.6 | 0.0 | -28.57 | 0.01 | 0.0 | -66.67 | 0 | 0 | 0 | 4.67 | 22.89 | 72.32 | 0.34 | 161.54 | 750.0 | 3.13 | 33.76 | 53.43 | 21.53 | 15.73 | 44.46 | 4.96 | -11.43 | -18.69 | 0 | 0 | 0 | 0.03 | 0.0 | 0.0 | 0.09 | -10.0 | -35.71 | 6.85 | 0.0 | 0.0 | 0.75 | 0.0 | 5.63 | 0.12 | 0.0 | 300.0 | 0.68 | 94.29 | 70.0 | 1.55 | 28.1 | 35.96 | -0.02 | -100.0 | 71.43 | 0.66 | 94.12 | 100.0 | 0.00 | 0 | -100.0 |
| 22Q4 (13) | 2.17 | 41.83 | 14.21 | 1.6 | -24.88 | -12.09 | 0.01 | -66.67 | -87.5 | 0 | 0 | 0 | 3.8 | 27.52 | -7.32 | 0.13 | 62.5 | 44.44 | 2.34 | 13.04 | -2.09 | 18.60 | 15.74 | 10.44 | 5.6 | -10.11 | -2.27 | 0 | 0 | 0 | 0.03 | -25.0 | -40.0 | 0.1 | -16.67 | -33.33 | 6.85 | 0.0 | 0.0 | 0.75 | 0.0 | 5.63 | 0.12 | 0.0 | 300.0 | 0.35 | 75.0 | -5.41 | 1.21 | 14.15 | 9.01 | -0.01 | -150.0 | 91.67 | 0.34 | 54.55 | 36.0 | 0.00 | 0 | -100.0 |
| 22Q3 (12) | 1.53 | 2.0 | 35.4 | 2.13 | -8.58 | 1.43 | 0.03 | 0.0 | -62.5 | 0 | 0 | 0 | 2.98 | -3.56 | -15.82 | 0.08 | 0.0 | 700.0 | 2.07 | -12.29 | -20.69 | 16.07 | -8.47 | -18.41 | 6.23 | 1.8 | -2.5 | 0 | 0 | 0 | 0.04 | -20.0 | -42.86 | 0.12 | -7.69 | 50.0 | 6.85 | 0.0 | 0.0 | 0.75 | 0.0 | 5.63 | 0.12 | 0.0 | 300.0 | 0.2 | 66.67 | -25.93 | 1.06 | 8.16 | 4.95 | 0.02 | 150.0 | 118.18 | 0.22 | 175.0 | 37.5 | 0.00 | 0 | -100.0 |
| 22Q2 (11) | 1.5 | 8.7 | 11.94 | 2.33 | 4.02 | 65.25 | 0.03 | 0.0 | -50.0 | 0 | 0 | 0 | 3.09 | 14.02 | -7.49 | 0.08 | 100.0 | 700.0 | 2.36 | 15.69 | -10.27 | 17.56 | 17.84 | -15.21 | 6.12 | 0.33 | 20.95 | 0 | 0 | 0 | 0.05 | 66.67 | -44.44 | 0.13 | -7.14 | 44.44 | 6.85 | 0.0 | 0.0 | 0.75 | 5.63 | -43.61 | 0.12 | 300.0 | 300.0 | 0.12 | -70.0 | 132.43 | 0.98 | -14.04 | -1.01 | -0.04 | 42.86 | 63.64 | 0.08 | -75.76 | 116.67 | 0.00 | -100.0 | -100.0 |
| 22Q1 (10) | 1.38 | -27.37 | 5.34 | 2.24 | 23.08 | 101.8 | 0.03 | -62.5 | 0.0 | 0 | 0 | 0 | 2.71 | -33.9 | -15.58 | 0.04 | -55.56 | -84.0 | 2.04 | -14.64 | -8.93 | 14.90 | -11.53 | -24.89 | 6.1 | 6.46 | 33.19 | 0 | 0 | 0 | 0.03 | -40.0 | -62.5 | 0.14 | -6.67 | 40.0 | 6.85 | 0.0 | 0.0 | 0.71 | 0.0 | -46.62 | 0.03 | 0.0 | 0.0 | 0.4 | 8.11 | 205.26 | 1.14 | 2.7 | 15.15 | -0.07 | 41.67 | 22.22 | 0.33 | 32.0 | 170.21 | 0.00 | -1.01 | -2.14 |
| 21Q4 (9) | 1.9 | 68.14 | 21.02 | 1.82 | -13.33 | 80.2 | 0.08 | 0.0 | 300.0 | 0 | 0 | 0 | 4.1 | 15.82 | 29.75 | 0.09 | 800.0 | -25.0 | 2.39 | -8.43 | 12.21 | 16.84 | -14.5 | -18.47 | 5.73 | -10.33 | 37.41 | 0 | 0 | 0 | 0.05 | -28.57 | -44.44 | 0.15 | 87.5 | 36.36 | 6.85 | 0.0 | 0.0 | 0.71 | 0.0 | -46.62 | 0.03 | 0.0 | 0.0 | 0.37 | 37.04 | 159.68 | 1.11 | 9.9 | 50.0 | -0.12 | -9.09 | -33.33 | 0.25 | 56.25 | 135.21 | 0.00 | -1.27 | 0 |
| 21Q3 (8) | 1.13 | -15.67 | -11.02 | 2.1 | 48.94 | 48.94 | 0.08 | 33.33 | 700.0 | 0 | 0 | 0 | 3.54 | 5.99 | 18.39 | 0.01 | 0.0 | -88.89 | 2.61 | -0.76 | 21.4 | 19.70 | -4.88 | -4.53 | 6.39 | 26.28 | 51.78 | 0 | 0 | 0 | 0.07 | -22.22 | -36.36 | 0.08 | -11.11 | -27.27 | 6.85 | 0.0 | 0.0 | 0.71 | -46.62 | -46.62 | 0.03 | 0.0 | 0.0 | 0.27 | 172.97 | 136.49 | 1.01 | 2.02 | 62.9 | -0.11 | 0.0 | -37.5 | 0.16 | 133.33 | 119.51 | 0.00 | -0.13 | 0 |
| 21Q2 (7) | 1.34 | 2.29 | 13.56 | 1.41 | 27.03 | 8.46 | 0.06 | 100.0 | 0 | 0 | 0 | 0 | 3.34 | 4.05 | 73.06 | 0.01 | -96.0 | 102.5 | 2.63 | 17.41 | 105.47 | 20.71 | 4.38 | 0 | 5.06 | 10.48 | 5.86 | 0 | 0 | 0 | 0.09 | 12.5 | 0 | 0.09 | -10.0 | -25.0 | 6.85 | 0.0 | 0.0 | 1.33 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | -0.37 | 2.63 | 55.42 | 0.99 | 0.0 | 86.79 | -0.11 | -22.22 | -37.5 | -0.48 | -2.13 | 47.25 | 0.00 | 0.26 | 0 |
| 21Q1 (6) | 1.31 | -16.56 | -19.14 | 1.11 | 9.9 | 11.0 | 0.03 | 50.0 | 0 | 0 | 0 | 0 | 3.21 | 1.58 | 43.95 | 0.25 | 108.33 | 158.14 | 2.24 | 5.16 | 43.59 | 19.84 | -3.96 | 0 | 4.58 | 9.83 | 6.02 | 0 | 0 | 0 | 0.08 | -11.11 | 0 | 0.1 | -9.09 | -23.08 | 6.85 | 0.0 | 0.0 | 1.33 | 0.0 | -5.67 | 0.03 | 0.0 | 0.0 | -0.38 | 38.71 | 25.49 | 0.99 | 33.78 | 6.45 | -0.09 | 0.0 | -28.57 | -0.47 | 33.8 | 18.97 | 0.00 | 0 | 0 |
| 20Q4 (5) | 1.57 | 23.62 | -7.1 | 1.01 | -28.37 | 26.25 | 0.02 | 100.0 | 0 | 0 | 0 | 0 | 3.16 | 5.69 | -3.36 | 0.12 | 33.33 | 271.43 | 2.13 | -0.93 | -4.91 | 20.66 | 0.13 | 0 | 4.17 | -0.95 | 3.99 | 0 | 0 | 0 | 0.09 | -18.18 | 0 | 0.11 | 0.0 | -21.43 | 6.85 | 0.0 | 0.0 | 1.33 | 0.0 | -5.67 | 0.03 | 0.0 | 0.0 | -0.62 | 16.22 | -675.0 | 0.74 | 19.35 | -45.59 | -0.09 | -12.5 | -28.57 | -0.71 | 13.41 | -373.33 | 0.00 | 0 | 0 |
| 20Q3 (4) | 1.27 | 7.63 | 0.0 | 1.41 | 8.46 | 0.0 | 0.01 | 0 | 0.0 | 0 | 0 | 0.0 | 2.99 | 54.92 | 0.0 | 0.09 | 122.5 | 0.0 | 2.15 | 67.97 | 0.0 | 20.63 | 0 | 0.0 | 4.21 | -11.92 | 0.0 | 0 | 0 | 0.0 | 0.11 | 0 | 0.0 | 0.11 | -8.33 | 0.0 | 6.85 | 0.0 | 0.0 | 1.33 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | -0.74 | 10.84 | 0.0 | 0.62 | 16.98 | 0.0 | -0.08 | 0.0 | 0.0 | -0.82 | 9.89 | 0.0 | 0.00 | 0 | 0.0 |
