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) | 4.7 | 70.91 | 0.75 | 15.38 | 0.32 | -46.67 | 0 | 0 | 7.17 | -19.07 | -0.24 | 0 | 2.21 | -13.33 | 30.82 | 7.09 | 1.29 | -34.18 | 0.5 | -12.28 | 1.07 | 48.61 | 0.03 | 50.0 | 10.0 | 0.0 | 1.34 | 4.69 | 0.82 | 0.0 | -0.23 | 0 | 1.93 | -29.04 | -1.12 | 0 | -1.35 | 0 | 0.01 | -13.99 |
| 2022 (9) | 2.75 | -1.08 | 0.65 | -63.89 | 0.6 | 1.69 | 0 | 0 | 8.86 | -7.23 | 0.62 | 933.33 | 2.55 | -15.84 | 28.78 | -9.29 | 1.96 | -3.92 | 0.57 | -8.06 | 0.72 | 26.32 | 0.02 | 0.0 | 10.0 | 0.0 | 1.28 | -30.81 | 0.82 | 0.0 | 0.62 | 0 | 2.72 | 29.52 | -0.9 | 0 | -0.28 | 0 | 0.01 | -13.03 |
| 2021 (8) | 2.78 | 29.91 | 1.8 | 26.76 | 0.59 | 96.67 | 0 | 0 | 9.55 | 25.49 | 0.06 | 0 | 3.03 | 22.18 | 31.73 | -2.64 | 2.04 | 37.84 | 0.62 | -8.82 | 0.57 | -13.64 | 0.02 | 0.0 | 10.0 | 0.0 | 1.85 | 0.0 | 0.82 | 0.0 | -0.58 | 0 | 2.1 | 5.0 | -1.1 | 0 | -1.68 | 0 | 0.01 | 6.95 |
| 2020 (7) | 2.14 | -14.06 | 1.42 | -48.92 | 0.3 | -14.29 | 0 | 0 | 7.61 | -16.28 | -0.17 | 0 | 2.48 | -5.34 | 32.59 | 13.07 | 1.48 | -5.73 | 0.68 | 6.25 | 0.66 | 11.86 | 0.02 | -33.33 | 10.0 | 0.0 | 1.85 | 0.0 | 0.82 | 0.0 | -0.68 | 0 | 2.0 | -3.38 | -1.02 | 0 | -1.7 | 0 | 0.01 | -6.83 |
| 2019 (6) | 2.49 | -18.36 | 2.78 | -15.24 | 0.35 | -2.78 | 0 | 0 | 9.09 | -20.26 | -0.6 | 0 | 2.62 | -22.49 | 28.82 | -2.79 | 1.57 | -21.5 | 0.64 | -13.51 | 0.59 | -37.23 | 0.03 | 50.0 | 10.0 | 0.0 | 1.85 | 1.09 | 0.82 | 18.84 | -0.6 | 0 | 2.07 | -25.54 | -1.12 | 0 | -1.72 | 0 | 0.01 | 10.22 |
| 2018 (5) | 3.05 | 7.02 | 3.28 | 56.19 | 0.36 | 0.0 | 0 | 0 | 11.4 | -8.06 | 0.22 | -40.54 | 3.38 | 23.36 | 29.65 | 34.18 | 2.0 | 0.0 | 0.74 | 0 | 0.94 | -27.13 | 0.02 | 0.0 | 10.0 | 0.0 | 1.83 | 2.23 | 0.69 | -31.0 | 0.26 | 85.71 | 2.78 | -5.44 | -0.78 | 0 | -0.52 | 0 | 0.01 | 2.44 |
| 2017 (4) | 2.85 | -38.58 | 2.1 | -8.7 | 0.36 | 28.57 | 0 | 0 | 12.4 | -15.36 | 0.37 | -71.32 | 2.74 | -28.46 | 22.10 | -15.48 | 2.0 | -4.76 | 0 | 0 | 1.29 | -25.86 | 0.02 | 0.0 | 10.0 | -9.09 | 1.79 | 7.83 | 1.0 | 44.93 | 0.14 | -90.54 | 2.94 | -23.24 | -0.64 | 0 | -0.5 | 0 | 0.01 | 2.01 |
| 2016 (3) | 4.64 | 11.0 | 2.3 | -2.13 | 0.28 | 460.0 | 0 | 0 | 14.65 | -12.12 | 1.29 | 143.4 | 3.83 | -27.19 | 26.14 | -17.15 | 2.1 | -24.19 | 0 | 0 | 1.74 | 48.72 | 0.02 | 100.0 | 11.0 | -7.02 | 1.66 | 3.11 | 0.69 | -9.21 | 1.48 | 66.29 | 3.83 | 17.48 | -0.31 | 0 | 1.17 | -19.31 | 0.01 | -27.82 |
| 2015 (2) | 4.18 | -0.24 | 2.35 | -26.1 | 0.05 | 0.0 | 0 | 0 | 16.67 | -7.49 | 0.53 | -59.85 | 5.26 | -11.15 | 31.55 | -3.95 | 2.77 | -26.13 | 0 | 0 | 1.17 | 120.75 | 0.01 | -50.0 | 11.83 | 0.0 | 1.61 | 8.78 | 0.76 | 0.0 | 0.89 | -40.67 | 3.26 | -12.6 | 0.56 | -20.0 | 1.45 | -34.09 | 0.02 | 12.44 |
| 2014 (1) | 4.19 | 24.7 | 3.18 | 90.42 | 0.05 | 0.0 | 0 | 0 | 18.02 | 2.85 | 1.32 | -16.46 | 5.92 | 10.65 | 32.85 | 7.58 | 3.75 | 9.01 | 0 | 0 | 0.53 | -8.62 | 0.02 | -50.0 | 11.83 | 0.0 | 1.48 | 11.28 | 0.76 | -3.8 | 1.5 | -0.66 | 3.73 | 2.75 | 0.7 | 311.76 | 2.2 | 30.95 | 0.01 | 108.12 |
| 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) | 5.2 | -14.47 | -17.59 | 0.41 | -69.17 | -73.55 | 0.31 | -8.82 | -20.51 | 0 | 0 | 0 | 1.81 | -23.31 | 13.84 | 0.05 | -72.22 | -16.67 | 2.09 | -23.72 | -0.95 | 25.71 | -25.79 | -11.18 | 1.08 | -4.42 | -14.29 | 0.49 | 0.0 | -5.77 | 0.7 | -21.35 | -39.66 | 0.04 | 33.33 | 100.0 | 8.0 | -20.0 | -20.0 | 1.11 | 0.0 | -17.16 | 0.82 | 0.0 | 0.0 | 0.37 | 15.62 | 562.5 | 2.3 | 2.22 | 10.58 | -0.9 | 4.26 | 4.26 | -0.53 | 14.52 | 48.04 | 0.01 | 20.19 | 8.45 |
| 24Q2 (19) | 6.08 | -9.12 | -1.14 | 1.33 | -8.28 | -48.45 | 0.34 | 6.25 | -37.04 | 0 | 0 | 0 | 2.36 | 10.28 | 16.83 | 0.18 | 28.57 | 357.14 | 2.74 | 25.11 | 13.22 | 34.64 | 19.74 | 12.22 | 1.13 | -14.39 | -16.3 | 0.49 | -2.0 | -5.77 | 0.89 | -9.18 | -9.18 | 0.03 | 0.0 | 50.0 | 10.0 | 0.0 | 0.0 | 1.11 | -17.16 | -17.16 | 0.82 | 0.0 | 0.0 | 0.32 | 455.56 | 328.57 | 2.25 | 8.7 | 11.39 | -0.94 | 3.09 | 16.81 | -0.62 | 41.51 | 51.18 | 0.01 | -1.91 | -11.68 |
| 24Q1 (18) | 6.69 | 42.34 | 37.94 | 1.45 | 93.33 | -18.54 | 0.32 | 0.0 | -48.39 | 0 | 0 | 0 | 2.14 | 17.58 | 23.7 | 0.14 | 193.33 | 255.56 | 2.19 | -0.9 | -10.25 | 28.93 | -6.27 | -1.59 | 1.32 | 2.33 | -27.47 | 0.5 | 0.0 | -10.71 | 0.98 | -8.41 | -7.55 | 0.03 | 0.0 | 50.0 | 10.0 | 0.0 | 0.0 | 1.34 | 0.0 | 4.69 | 0.82 | 0.0 | 0.0 | -0.09 | 60.87 | -116.67 | 2.07 | 7.25 | -21.29 | -0.97 | 13.39 | -11.49 | -1.06 | 21.48 | -221.21 | 0.01 | -2.57 | -10.28 |
| 23Q4 (17) | 4.7 | -25.52 | 70.91 | 0.75 | -51.61 | 15.38 | 0.32 | -17.95 | -46.67 | 0 | 0 | 0 | 1.82 | 14.47 | -6.67 | -0.15 | -350.0 | -155.56 | 2.21 | 4.74 | -13.33 | 30.87 | 6.64 | 7.24 | 1.29 | 2.38 | -34.18 | 0.5 | -3.85 | -12.28 | 1.07 | -7.76 | 48.61 | 0.03 | 50.0 | 50.0 | 10.0 | 0.0 | 0.0 | 1.34 | 0.0 | 4.69 | 0.82 | 0.0 | 0.0 | -0.23 | -187.5 | -137.1 | 1.93 | -7.21 | -29.04 | -1.12 | -19.15 | -24.44 | -1.35 | -32.35 | -382.14 | 0.01 | -5.58 | -13.99 |
| 23Q3 (16) | 6.31 | 2.6 | 47.43 | 1.55 | -39.92 | -52.31 | 0.39 | -27.78 | -23.53 | 0 | 0 | 0 | 1.59 | -21.29 | -25.7 | 0.06 | 185.71 | -40.0 | 2.11 | -12.81 | -26.22 | 28.94 | -6.23 | -5.88 | 1.26 | -6.67 | -34.03 | 0.52 | 0.0 | -11.86 | 1.16 | 18.37 | 157.78 | 0.02 | 0.0 | 0.0 | 10.0 | 0.0 | 0.0 | 1.34 | 0.0 | 4.69 | 0.82 | 0.0 | 0.0 | -0.08 | 42.86 | -123.53 | 2.08 | 2.97 | -14.75 | -0.94 | 16.81 | -23.68 | -1.02 | 19.69 | -142.86 | 0.01 | -2.12 | -15.9 |
| 23Q2 (15) | 6.15 | 26.8 | 57.29 | 2.58 | 44.94 | -7.86 | 0.54 | -12.9 | 8.0 | 0 | 0 | 0 | 2.02 | 16.76 | -18.55 | -0.07 | 22.22 | -123.33 | 2.42 | -0.82 | -22.93 | 30.87 | 5.0 | -4.74 | 1.35 | -25.82 | -36.32 | 0.52 | -7.14 | -13.33 | 0.98 | -7.55 | 157.89 | 0.02 | 0.0 | 0.0 | 10.0 | 0.0 | 0.0 | 1.34 | 4.69 | 4.69 | 0.82 | 0.0 | 0.0 | -0.14 | -125.93 | -158.33 | 2.02 | -23.19 | -13.68 | -1.13 | -29.89 | -29.89 | -1.27 | -284.85 | -101.59 | 0.01 | -0.35 | -9.64 |
| 23Q1 (14) | 4.85 | 76.36 | 56.96 | 1.78 | 173.85 | -6.32 | 0.62 | 3.33 | 0.0 | 0 | 0 | 0 | 1.73 | -11.28 | -24.45 | -0.09 | -133.33 | -50.0 | 2.44 | -4.31 | -18.94 | 29.40 | 2.14 | -6.24 | 1.82 | -7.14 | -21.55 | 0.56 | -1.75 | -9.68 | 1.06 | 47.22 | 152.38 | 0.02 | 0.0 | 0.0 | 10.0 | 0.0 | 0.0 | 1.28 | 0.0 | -30.81 | 0.82 | 0.0 | 0.0 | 0.54 | -12.9 | 184.38 | 2.63 | -3.31 | 28.92 | -0.87 | 3.33 | -12.99 | -0.33 | -17.86 | 76.6 | 0.01 | -6.6 | -16.81 |
| 22Q4 (13) | 2.75 | -35.75 | -1.08 | 0.65 | -80.0 | -63.89 | 0.6 | 17.65 | 1.69 | 0 | 0 | 0 | 1.95 | -8.88 | -18.41 | 0.27 | 170.0 | 400.0 | 2.55 | -10.84 | -15.84 | 28.78 | -6.41 | -9.29 | 1.96 | 2.62 | -3.92 | 0.57 | -3.39 | -8.06 | 0.72 | 60.0 | 26.32 | 0.02 | 0.0 | 0.0 | 10.0 | 0.0 | 0.0 | 1.28 | 0.0 | -30.81 | 0.82 | 0.0 | 0.0 | 0.62 | 82.35 | 206.9 | 2.72 | 11.48 | 29.52 | -0.9 | -18.42 | 18.18 | -0.28 | 33.33 | 83.33 | 0.01 | -7.68 | -13.03 |
| 22Q3 (12) | 4.28 | 9.46 | 69.17 | 3.25 | 16.07 | 38.3 | 0.51 | 2.0 | -1.92 | 0 | 0 | 0 | 2.14 | -13.71 | -15.42 | 0.1 | -66.67 | -16.67 | 2.86 | -8.92 | -6.23 | 30.75 | -5.1 | -8.55 | 1.91 | -9.91 | 3.24 | 0.59 | -1.67 | -6.35 | 0.45 | 18.42 | -38.36 | 0.02 | 0.0 | 0.0 | 10.0 | 0.0 | 0.0 | 1.28 | 0.0 | -30.81 | 0.82 | 0.0 | 0.0 | 0.34 | 41.67 | 165.38 | 2.44 | 4.27 | 12.96 | -0.76 | 12.64 | 35.59 | -0.42 | 33.33 | 75.29 | 0.01 | 5.16 | 0.74 |
| 22Q2 (11) | 3.91 | 26.54 | 12.68 | 2.8 | 47.37 | 62.79 | 0.5 | -19.35 | 21.95 | 0 | 0 | 0 | 2.48 | 8.3 | 3.77 | 0.3 | 600.0 | 275.0 | 3.14 | 4.32 | 2.61 | 32.40 | 3.35 | -12.53 | 2.12 | -8.62 | 14.59 | 0.6 | -3.23 | -6.25 | 0.38 | -9.52 | -56.82 | 0.02 | 0.0 | 100.0 | 10.0 | 0.0 | 0.0 | 1.28 | -30.81 | -30.81 | 0.82 | 0.0 | 0.0 | 0.24 | 137.5 | 137.5 | 2.34 | 14.71 | 14.71 | -0.87 | -12.99 | 25.64 | -0.63 | 55.32 | 65.19 | 0.01 | -8.27 | -5.23 |
| 22Q1 (10) | 3.09 | 11.15 | 34.93 | 1.9 | 5.56 | 15.85 | 0.62 | 5.08 | 113.79 | 0 | 0 | 0 | 2.29 | -4.18 | 2.23 | -0.06 | 33.33 | -50.0 | 3.01 | -0.66 | 5.24 | 31.35 | -1.18 | -12.95 | 2.32 | 13.73 | 48.72 | 0.62 | 0.0 | -6.06 | 0.42 | -26.32 | -59.62 | 0.02 | 0.0 | 0.0 | 10.0 | 0.0 | 0.0 | 1.85 | 0.0 | 0.0 | 0.82 | 0.0 | 0.0 | -0.64 | -10.34 | 11.11 | 2.04 | -2.86 | 4.08 | -0.77 | 30.0 | 28.7 | -1.41 | 16.07 | 21.67 | 0.01 | -2.35 | -3.4 |
| 21Q4 (9) | 2.78 | 9.88 | 29.91 | 1.8 | -23.4 | 26.76 | 0.59 | 13.46 | 96.67 | 0 | 0 | 0 | 2.39 | -5.53 | 25.13 | -0.09 | -175.0 | -156.25 | 3.03 | -0.66 | 22.18 | 31.73 | -5.65 | -2.77 | 2.04 | 10.27 | 37.84 | 0.62 | -1.59 | -8.82 | 0.57 | -21.92 | -13.64 | 0.02 | 0.0 | 0.0 | 10.0 | 0.0 | 0.0 | 1.85 | 0.0 | 0.0 | 0.82 | 0.0 | 0.0 | -0.58 | -11.54 | 14.71 | 2.1 | -2.78 | 5.0 | -1.1 | 6.78 | -7.84 | -1.68 | 1.18 | 1.18 | 0.01 | 6.95 | 6.95 |
| 21Q3 (8) | 2.53 | -27.09 | -20.69 | 2.35 | 36.63 | 19.29 | 0.52 | 26.83 | 79.31 | 0 | 0 | 0 | 2.53 | 5.86 | 47.09 | 0.12 | 50.0 | 209.09 | 3.05 | -0.33 | 37.39 | 33.63 | -9.23 | 17.39 | 1.85 | 0.0 | 43.41 | 0.63 | -1.56 | -8.7 | 0.73 | -17.05 | -6.41 | 0.02 | 100.0 | 0.0 | 10.0 | 0.0 | 0.0 | 1.85 | 0.0 | 0.0 | 0.82 | 0.0 | 0.0 | -0.52 | 18.75 | 44.09 | 2.16 | 5.88 | 23.43 | -1.18 | -0.85 | 2.48 | -1.7 | 6.08 | 20.56 | 0.01 | -1.07 | -4.03 |
| 21Q2 (7) | 3.47 | 51.53 | 14.9 | 1.72 | 4.88 | -36.76 | 0.41 | 41.38 | 57.69 | 0 | 0 | 0 | 2.39 | 6.7 | 15.46 | 0.08 | 300.0 | 214.29 | 3.06 | 6.99 | 13.33 | 37.05 | 2.85 | 0 | 1.85 | 18.59 | 44.53 | 0.64 | -3.03 | -8.57 | 0.88 | -15.38 | 66.04 | 0.01 | -50.0 | -50.0 | 10.0 | 0.0 | 0.0 | 1.85 | 0.0 | 0.0 | 0.82 | 0.0 | 0.0 | -0.64 | 11.11 | 21.95 | 2.04 | 4.08 | 10.27 | -1.17 | -8.33 | 12.69 | -1.81 | -0.56 | 16.2 | 0.01 | -6.5 | -9.62 |
| 21Q1 (6) | 2.29 | 7.01 | -14.23 | 1.64 | 15.49 | -37.64 | 0.29 | -3.33 | -17.14 | 0 | 0 | 0 | 2.24 | 17.28 | 17.89 | -0.04 | -125.0 | 75.0 | 2.86 | 15.32 | 14.86 | 36.02 | 10.38 | 0 | 1.56 | 5.41 | 5.41 | 0.66 | -2.94 | 8.2 | 1.04 | 57.58 | 92.59 | 0.02 | 0.0 | 0.0 | 10.0 | 0.0 | 0.0 | 1.85 | 0.0 | 0.0 | 0.82 | 0.0 | 0.0 | -0.72 | -5.88 | 5.26 | 1.96 | -2.0 | 2.08 | -1.08 | -5.88 | 10.0 | -1.8 | -5.88 | 8.16 | 0.01 | 8.11 | -1.44 |
| 20Q4 (5) | 2.14 | -32.92 | -14.06 | 1.42 | -27.92 | -48.92 | 0.3 | 3.45 | -14.29 | 0 | 0 | 0 | 1.91 | 11.05 | -7.28 | 0.16 | 245.45 | 148.48 | 2.48 | 11.71 | -5.34 | 32.63 | 13.92 | 0 | 1.48 | 14.73 | -5.73 | 0.68 | -1.45 | 6.25 | 0.66 | -15.38 | 11.86 | 0.02 | 0.0 | -33.33 | 10.0 | 0.0 | 0.0 | 1.85 | 0.0 | 0.0 | 0.82 | 0.0 | 0.0 | -0.68 | 26.88 | -13.33 | 2.0 | 14.29 | -3.38 | -1.02 | 15.7 | 8.93 | -1.7 | 20.56 | 1.16 | 0.01 | -4.03 | -6.83 |
| 20Q3 (4) | 3.19 | 5.63 | 0.0 | 1.97 | -27.57 | 0.0 | 0.29 | 11.54 | 0.0 | 0 | 0 | 0.0 | 1.72 | -16.91 | 0.0 | -0.11 | -57.14 | 0.0 | 2.22 | -17.78 | 0.0 | 28.65 | 0 | 0.0 | 1.29 | 0.78 | 0.0 | 0.69 | -1.43 | 0.0 | 0.78 | 47.17 | 0.0 | 0.02 | 0.0 | 0.0 | 10.0 | 0.0 | 0.0 | 1.85 | 0.0 | 0.0 | 0.82 | 0.0 | 0.0 | -0.93 | -13.41 | 0.0 | 1.75 | -5.41 | 0.0 | -1.21 | 9.7 | 0.0 | -2.14 | 0.93 | 0.0 | 0.01 | -6.84 | 0.0 |
