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) | 11.72 | 53.0 | 3.27 | -22.33 | 0.05 | 0.0 | 0 | 0 | 52.53 | -13.8 | 0.58 | -57.97 | 12.46 | -40.04 | 23.72 | -30.44 | 10.93 | -6.1 | 0 | 0 | 0.21 | -85.21 | 0.42 | 82.61 | 14.11 | 5.46 | 1.24 | 13.76 | 0 | 0 | 4.18 | 2.96 | 5.42 | 5.04 | 0.71 | 9.23 | 4.89 | 3.82 | 0.00 | 0 |
| 2022 (9) | 7.66 | -22.47 | 4.21 | -17.29 | 0.05 | 0.0 | 0 | 0 | 60.94 | -1.6 | 1.38 | -19.77 | 20.78 | 57.19 | 34.10 | 59.74 | 11.64 | -37.22 | 0 | 0 | 1.42 | -2.74 | 0.23 | 9.52 | 13.38 | 0.07 | 1.09 | 18.48 | 0 | 0 | 4.06 | 27.67 | 5.16 | 25.85 | 0.65 | -44.44 | 4.71 | 8.28 | 0.00 | 0 |
| 2021 (8) | 9.88 | 58.33 | 5.09 | -30.37 | 0.05 | 0.0 | 0 | 0 | 61.93 | 38.17 | 1.72 | 5633.33 | 13.22 | 7.22 | 21.35 | -22.4 | 18.54 | 26.64 | 0 | 0 | 1.46 | 294.59 | 0.21 | 75.0 | 13.37 | 8.79 | 0.92 | 0.0 | 0 | 0 | 3.18 | 127.14 | 4.1 | 71.55 | 1.17 | -10.69 | 4.35 | 60.52 | 0.00 | 0 |
| 2020 (7) | 6.24 | -12.24 | 7.31 | -3.69 | 0.05 | 0.0 | 0 | 0 | 44.82 | -1.02 | 0.03 | -96.39 | 12.33 | -23.08 | 27.51 | -22.29 | 14.64 | 40.63 | 0 | 0 | 0.37 | -11.9 | 0.12 | 50.0 | 12.29 | 0.0 | 0.92 | 9.52 | 0.07 | 0 | 1.4 | -32.04 | 2.39 | -17.59 | 1.31 | 0 | 2.71 | 36.18 | 0.00 | 0 |
| 2019 (6) | 7.11 | 76.87 | 7.59 | 57.47 | 0.05 | 0.0 | 0 | 0 | 45.28 | 4.26 | 0.83 | -20.19 | 16.03 | -2.73 | 35.40 | -6.7 | 10.41 | 68.99 | 0 | 0 | 0.42 | -10.64 | 0.08 | -27.27 | 12.29 | 18.74 | 0.84 | 13.51 | 0 | 0 | 2.06 | 19.77 | 2.9 | 17.89 | -0.07 | 0 | 1.99 | 11.17 | 0.00 | 0 |
| 2018 (5) | 4.02 | -41.48 | 4.82 | 1.05 | 0.05 | 0.0 | 0 | 0 | 43.43 | 10.93 | 1.04 | -11.11 | 16.48 | 48.6 | 37.95 | 33.96 | 6.16 | -34.12 | 0 | 0 | 0.47 | -9.62 | 0.11 | -15.38 | 10.35 | 0.0 | 0.74 | 19.35 | 0 | 0 | 1.72 | 24.64 | 2.46 | 23.62 | 0.07 | -69.57 | 1.79 | 11.18 | 0.00 | 0 |
| 2017 (4) | 6.87 | -7.29 | 4.77 | 5.3 | 0.05 | 0.0 | 0 | 0 | 39.15 | 2.3 | 1.17 | 515.79 | 11.09 | -11.07 | 28.33 | -13.07 | 9.35 | 33.76 | 0 | 0 | 0.52 | -8.77 | 0.13 | -23.53 | 10.35 | 0.0 | 0.62 | 3.33 | 0 | 0 | 1.38 | 375.86 | 1.99 | 123.6 | 0.23 | 2200.0 | 1.61 | 436.67 | 0.00 | 0 |
| 2016 (3) | 7.41 | 14.18 | 4.53 | 64.73 | 0.05 | 0.0 | 0 | 0 | 38.27 | 22.66 | 0.19 | 0 | 12.47 | 124.68 | 32.58 | 83.18 | 6.99 | -22.85 | 0 | 0 | 0.57 | -8.06 | 0.17 | 88.89 | 10.35 | 0.0 | 0.6 | -39.39 | 0.01 | 0.0 | 0.29 | 0 | 0.89 | 45.9 | 0.01 | 0 | 0.3 | 0 | 0.00 | 0 |
| 2015 (2) | 6.49 | -4.56 | 2.75 | -59.8 | 0.05 | 0.0 | 0 | 0 | 31.2 | -6.56 | -1.48 | 0 | 5.55 | -30.8 | 17.79 | -25.94 | 9.06 | -36.24 | 0 | 0 | 0.62 | -7.46 | 0.09 | -10.0 | 10.35 | 0.0 | 0.99 | 0.0 | 0.01 | 0 | -0.39 | 0 | 0.61 | -71.23 | -0.04 | 0 | -0.43 | 0 | 0.00 | 0 |
| 2014 (1) | 6.8 | -12.03 | 6.84 | 163.08 | 0.05 | 150.0 | 0 | 0 | 33.39 | -25.17 | -0.86 | 0 | 8.02 | -41.59 | 24.02 | -21.94 | 14.21 | 86.97 | 0 | 0 | 0.67 | 91.43 | 0.1 | 100.0 | 10.35 | -3.45 | 0.99 | 33.78 | 0 | 0 | 1.13 | -69.87 | 2.12 | -53.91 | -0.01 | 0 | 1.12 | -70.13 | 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) | 7.16 | -12.25 | -42.81 | 8.7 | 40.32 | 273.39 | 0.05 | 0.0 | -44.44 | 0 | 0 | 0 | 13.68 | 9.18 | -5.46 | -0.2 | -125.32 | -116.67 | 10.58 | -9.18 | 18.08 | 20.24 | -7.81 | 33.98 | 21.09 | 21.91 | 85.81 | 0 | 0 | 0 | 0.17 | -10.53 | -26.09 | 0.56 | 12.0 | 36.59 | 14.11 | 0.0 | 0.21 | 1.31 | 0.0 | 5.65 | 0 | 0 | 0 | 3.5 | -5.41 | -6.17 | 4.81 | -3.99 | -3.22 | 0.49 | 75.0 | -48.42 | 3.99 | 0.25 | -14.74 | 0.00 | 0 | 0 |
| 24Q2 (19) | 8.16 | -10.62 | -40.83 | 6.2 | 39.95 | 46.23 | 0.05 | 0.0 | -70.59 | 0 | 0 | 0 | 12.53 | 38.61 | 71.88 | 0.79 | 201.28 | 195.18 | 11.65 | 42.25 | 75.98 | 21.96 | 28.2 | 106.23 | 17.3 | 18.33 | 26.83 | 0 | 0 | 0 | 0.19 | -5.0 | -20.83 | 0.5 | 13.64 | 127.27 | 14.11 | 0.0 | 0.5 | 1.31 | 5.65 | 5.65 | 0 | 0 | 0 | 3.7 | 8.82 | 46.25 | 5.01 | 7.97 | 32.89 | 0.28 | -36.36 | -74.07 | 3.98 | 3.65 | 10.25 | 0.00 | 0 | 0 |
| 24Q1 (18) | 9.13 | -22.1 | -27.08 | 4.43 | 35.47 | -40.78 | 0.05 | 0.0 | 0.0 | 0 | 0 | 0 | 9.04 | -46.89 | -34.25 | -0.78 | -290.24 | -271.43 | 8.19 | -34.27 | -53.2 | 17.13 | -27.8 | -37.26 | 14.62 | 33.76 | 18.0 | 0 | 0 | 0 | 0.2 | -4.76 | -80.39 | 0.44 | 4.76 | 83.33 | 14.11 | 0.0 | 3.6 | 1.24 | 0.0 | 13.76 | 0 | 0 | 0 | 3.4 | -18.66 | -11.92 | 4.64 | -14.39 | -6.26 | 0.44 | -38.03 | -72.15 | 3.84 | -21.47 | -29.41 | 0.00 | 0 | 0 |
| 23Q4 (17) | 11.72 | -6.39 | 53.0 | 3.27 | 40.34 | -22.33 | 0.05 | -44.44 | 0.0 | 0 | 0 | 0 | 17.02 | 17.62 | -28.49 | 0.41 | -65.83 | -73.72 | 12.46 | 39.06 | -40.04 | 23.72 | 57.01 | -30.43 | 10.93 | -3.7 | -6.1 | 0 | 0 | 0 | 0.21 | -8.7 | -85.21 | 0.42 | 2.44 | 82.61 | 14.11 | 0.21 | 5.46 | 1.24 | 0.0 | 13.76 | 0 | 0 | 0 | 4.18 | 12.06 | 2.96 | 5.42 | 9.05 | 5.04 | 0.71 | -25.26 | 9.23 | 4.89 | 4.49 | 3.82 | 0.00 | 0 | 0 |
| 23Q3 (16) | 12.52 | -9.21 | 123.17 | 2.33 | -45.05 | -44.66 | 0.09 | -47.06 | 80.0 | 0 | 0 | 0 | 14.47 | 98.49 | -16.55 | 1.2 | 244.58 | 60.0 | 8.96 | 35.35 | -39.01 | 15.11 | 41.9 | -45.95 | 11.35 | -16.79 | -38.38 | 0 | 0 | 0 | 0.23 | -4.17 | -83.92 | 0.41 | 86.36 | 64.0 | 14.08 | 0.28 | 5.23 | 1.24 | 0.0 | 13.76 | 0 | 0 | 0 | 3.73 | 47.43 | 53.5 | 4.97 | 31.83 | 40.79 | 0.95 | -12.04 | 58.33 | 4.68 | 29.64 | 54.46 | 0.00 | 0 | 0 |
| 23Q2 (15) | 13.79 | 10.14 | 59.61 | 4.24 | -43.32 | -17.19 | 0.17 | 240.0 | 240.0 | 0 | 0 | 0 | 7.29 | -46.98 | -20.93 | -0.83 | -295.24 | -260.87 | 6.62 | -62.17 | -32.03 | 10.65 | -61.0 | -32.58 | 13.64 | 10.09 | -29.25 | 0 | 0 | 0 | 0.24 | -76.47 | -83.45 | 0.22 | -8.33 | 0.0 | 14.04 | 3.08 | 5.01 | 1.24 | 13.76 | 13.76 | 0 | 0 | 0 | 2.53 | -34.46 | 50.6 | 3.77 | -23.84 | 36.1 | 1.08 | -31.65 | 45.95 | 3.61 | -33.64 | 49.17 | 0.00 | 0 | 0 |
| 23Q1 (14) | 12.52 | 63.45 | 37.43 | 7.48 | 77.67 | 56.49 | 0.05 | 0.0 | 0.0 | 0 | 0 | 0 | 13.75 | -42.23 | 29.84 | -0.21 | -113.46 | 70.0 | 17.5 | -15.78 | 45.83 | 27.30 | -19.94 | 42.99 | 12.39 | 6.44 | -32.48 | 0 | 0 | 0 | 1.02 | -28.17 | -29.66 | 0.24 | 4.35 | 4.35 | 13.62 | 1.79 | 1.87 | 1.09 | 0.0 | 18.48 | 0 | 0 | 0 | 3.86 | -4.93 | 55.65 | 4.95 | -4.07 | 45.59 | 1.58 | 143.08 | 110.67 | 5.44 | 15.5 | 68.42 | 0.00 | 0 | 0 |
| 22Q4 (13) | 7.66 | 36.54 | -22.47 | 4.21 | 0.0 | -17.29 | 0.05 | 0.0 | 0.0 | 0 | 0 | 0 | 23.8 | 37.25 | 54.45 | 1.56 | 108.0 | 457.14 | 20.78 | 41.46 | 57.19 | 34.09 | 21.98 | 59.71 | 11.64 | -36.81 | -37.22 | 0 | 0 | 0 | 1.42 | -0.7 | -2.74 | 0.23 | -8.0 | 9.52 | 13.38 | 0.0 | 0.07 | 1.09 | 0.0 | 18.48 | 0 | 0 | 0 | 4.06 | 67.08 | 27.67 | 5.16 | 46.18 | 25.85 | 0.65 | 8.33 | -44.44 | 4.71 | 55.45 | 8.28 | 0.00 | 0 | 0 |
| 22Q3 (12) | 5.61 | -35.07 | -41.62 | 4.21 | -17.77 | -41.93 | 0.05 | 0.0 | 0.0 | 0 | 0 | 0 | 17.34 | 88.07 | -34.47 | 0.75 | 426.09 | -61.14 | 14.69 | 50.82 | -6.79 | 27.95 | 76.99 | 12.27 | 18.42 | -4.46 | -3.81 | 0 | 0 | 0 | 1.43 | -1.38 | -49.29 | 0.25 | 13.64 | 47.06 | 13.38 | 0.07 | 6.95 | 1.09 | 0.0 | 18.48 | 0 | 0 | 0 | 2.43 | 44.64 | -16.49 | 3.53 | 27.44 | -7.83 | 0.6 | -18.92 | -38.78 | 3.03 | 25.21 | -22.11 | 0.00 | 0 | 0 |
| 22Q2 (11) | 8.64 | -5.16 | 46.94 | 5.12 | 7.11 | -17.55 | 0.05 | 0.0 | 0.0 | 0 | 0 | 0 | 9.22 | -12.94 | -11.35 | -0.23 | 67.14 | 47.73 | 9.74 | -18.83 | -6.7 | 15.79 | -17.28 | -28.91 | 19.28 | 5.07 | 6.28 | 0 | 0 | 0 | 1.45 | 0.0 | -54.26 | 0.22 | -4.35 | 29.41 | 13.37 | 0.0 | 8.79 | 1.09 | 18.48 | 18.48 | 0 | 0 | -100.0 | 1.68 | -32.26 | 86.67 | 2.77 | -18.53 | 46.56 | 0.74 | -1.33 | -36.21 | 2.42 | -25.08 | 17.48 | 0.00 | 0 | 0 |
| 22Q1 (10) | 9.11 | -7.79 | 72.87 | 4.78 | -6.09 | -43.1 | 0.05 | 0.0 | 0.0 | 0 | 0 | 0 | 10.59 | -31.28 | 9.63 | -0.7 | -350.0 | -1300.0 | 12.0 | -9.23 | 8.11 | 19.09 | -10.57 | -21.52 | 18.35 | -1.02 | 8.2 | 0 | 0 | 0 | 1.45 | -0.68 | 302.78 | 0.23 | 9.52 | 21.05 | 13.37 | 0.0 | 8.79 | 0.92 | 0.0 | 0.0 | 0 | 0 | -100.0 | 2.48 | -22.01 | 83.7 | 3.4 | -17.07 | 45.3 | 0.75 | -35.9 | -5.06 | 3.23 | -25.75 | 50.93 | 0.00 | 0 | 0 |
| 21Q4 (9) | 9.88 | 2.81 | 58.33 | 5.09 | -29.79 | -30.37 | 0.05 | 0.0 | 0.0 | 0 | 0 | 0 | 15.41 | -41.76 | -8.22 | 0.28 | -85.49 | -74.55 | 13.22 | -16.12 | 7.22 | 21.35 | -14.25 | -22.4 | 18.54 | -3.19 | 26.64 | 0 | 0 | 0 | 1.46 | -48.23 | 294.59 | 0.21 | 23.53 | 75.0 | 13.37 | 6.87 | 8.79 | 0.92 | 0.0 | 0.0 | 0 | 0 | -100.0 | 3.18 | 9.28 | 127.14 | 4.1 | 7.05 | 71.55 | 1.17 | 19.39 | -10.69 | 4.35 | 11.83 | 60.52 | 0.00 | 0 | 0 |
| 21Q3 (8) | 9.61 | 63.44 | 42.16 | 7.25 | 16.75 | -8.34 | 0.05 | 0.0 | 0.0 | 0 | 0 | 0 | 26.46 | 154.42 | 160.69 | 1.93 | 538.64 | 502.08 | 15.76 | 50.96 | 90.34 | 24.89 | 12.07 | 41.42 | 19.15 | 5.57 | 22.68 | 0 | 0 | 0 | 2.82 | -11.04 | 642.11 | 0.17 | 0.0 | 112.5 | 12.51 | 1.79 | 1.79 | 0.92 | 0.0 | 0.0 | 0 | -100.0 | -100.0 | 2.91 | 223.33 | 731.43 | 3.83 | 102.65 | 185.82 | 0.98 | -15.52 | 1500.0 | 3.89 | 88.83 | 1289.29 | 0.00 | 0 | 0 |
| 21Q2 (7) | 5.88 | 11.57 | -37.58 | 6.21 | -26.07 | -31.08 | 0.05 | 0.0 | 0 | 0 | 0 | 0 | 10.4 | 7.66 | 15.17 | -0.44 | -780.0 | -1366.67 | 10.44 | -5.95 | 9.43 | 22.21 | -8.69 | 0 | 18.14 | 6.96 | 35.17 | 0 | 0 | 0 | 3.17 | 780.56 | 712.82 | 0.17 | -10.53 | 142.86 | 12.29 | 0.0 | 0.0 | 0.92 | 0.0 | 0.0 | 0.07 | 0.0 | 0.0 | 0.9 | -33.33 | 9.76 | 1.89 | -19.23 | 4.42 | 1.16 | 46.84 | 1757.14 | 2.06 | -3.74 | 174.67 | 0.00 | 0 | 0 |
| 21Q1 (6) | 5.27 | -15.54 | -52.22 | 8.4 | 14.91 | 40.7 | 0.05 | 0.0 | 0 | 0 | 0 | 0 | 9.66 | -42.47 | 9.15 | -0.05 | -104.55 | 91.23 | 11.1 | -9.98 | 50.61 | 24.33 | -11.57 | 0 | 16.96 | 15.85 | 52.52 | 0 | 0 | 0 | 0.36 | -2.7 | -12.2 | 0.19 | 58.33 | 171.43 | 12.29 | 0.0 | 0.0 | 0.92 | 0.0 | 9.52 | 0.07 | 0.0 | 0 | 1.35 | -3.57 | -9.4 | 2.34 | -2.09 | 0.43 | 0.79 | -39.69 | 1228.57 | 2.14 | -21.03 | 50.7 | 0.00 | 0 | 0 |
| 20Q4 (5) | 6.24 | -7.69 | -12.24 | 7.31 | -7.59 | -3.69 | 0.05 | 0.0 | 0.0 | 0 | 0 | 0 | 16.79 | 65.42 | -11.68 | 1.1 | 329.17 | -6.78 | 12.33 | 48.91 | -23.08 | 27.51 | 56.29 | 0 | 14.64 | -6.21 | 40.63 | 0 | 0 | 0 | 0.37 | -2.63 | -11.9 | 0.12 | 50.0 | 50.0 | 12.29 | 0.0 | 0.0 | 0.92 | 0.0 | 9.52 | 0.07 | 0.0 | 0 | 1.4 | 300.0 | -32.04 | 2.39 | 78.36 | -17.59 | 1.31 | 1971.43 | 1971.43 | 2.71 | 867.86 | 36.18 | 0.00 | 0 | 0 |
| 20Q3 (4) | 6.76 | -28.24 | 0.0 | 7.91 | -12.21 | 0.0 | 0.05 | 0 | 0.0 | 0 | 0 | 0.0 | 10.15 | 12.4 | 0.0 | -0.48 | -1500.0 | 0.0 | 8.28 | -13.21 | 0.0 | 17.60 | 0 | 0.0 | 15.61 | 16.32 | 0.0 | 0 | 0 | 0.0 | 0.38 | -2.56 | 0.0 | 0.08 | 14.29 | 0.0 | 12.29 | 0.0 | 0.0 | 0.92 | 0.0 | 0.0 | 0.07 | 0.0 | 0.0 | 0.35 | -57.32 | 0.0 | 1.34 | -25.97 | 0.0 | -0.07 | 0.0 | 0.0 | 0.28 | -62.67 | 0.0 | 0.00 | 0 | 0.0 |
