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) | 10.17 | -36.67 | 0.63 | -72.61 | 4.09 | 16.86 | 0 | 0 | 36.54 | -11.78 | 4.51 | -11.05 | 8.69 | 4.95 | 23.78 | 18.97 | 6.01 | -10.57 | 11.38 | -1.13 | 0.66 | -86.02 | 0.06 | -25.0 | 17.2 | 0.0 | 6.87 | 9.92 | 0.68 | 0.0 | 31.79 | 6.25 | 39.34 | 6.76 | 7.03 | 33.14 | 38.82 | 10.28 | 0.00 | 0 |
| 2022 (9) | 16.06 | 22.41 | 2.3 | 0 | 3.5 | 4275.0 | 0 | 0 | 41.42 | -31.08 | 5.07 | -55.68 | 8.28 | -26.73 | 19.99 | 6.32 | 6.72 | -18.15 | 11.51 | -0.6 | 4.72 | -42.3 | 0.08 | 14.29 | 17.2 | 0.0 | 6.25 | 22.55 | 0.68 | 0.0 | 29.92 | 5.72 | 36.85 | 8.16 | 5.28 | -34.25 | 35.2 | -3.11 | 0.00 | 0 |
| 2021 (8) | 13.12 | 7.28 | 0 | 0 | 0.08 | 0 | 0 | 0 | 60.1 | 15.4 | 11.44 | 44.63 | 11.3 | 7.93 | 18.80 | -6.47 | 8.21 | 28.48 | 11.58 | 81.79 | 8.18 | 7.21 | 0.07 | 250.0 | 17.2 | 0.0 | 5.1 | 18.33 | 0.68 | -1.45 | 28.3 | 34.63 | 34.07 | 30.89 | 8.03 | 104.85 | 36.33 | 45.67 | 0.00 | 0 |
| 2020 (7) | 12.23 | 55.4 | 0.2 | -74.03 | 0 | 0 | 0 | 0 | 52.08 | 19.56 | 7.91 | 2.46 | 10.47 | 26.91 | 20.10 | 6.15 | 6.39 | 39.52 | 6.37 | 0.0 | 7.63 | 166.78 | 0.02 | 0.0 | 17.2 | 0.0 | 4.31 | 21.75 | 0.69 | 0.0 | 21.02 | 23.79 | 26.03 | 22.73 | 3.92 | 199.24 | 24.94 | 36.36 | 0.01 | -19.93 |
| 2019 (6) | 7.87 | -42.89 | 0.77 | 156.67 | 0 | 0 | 0 | 0 | 43.56 | -24.26 | 7.72 | -47.91 | 8.25 | -29.73 | 18.94 | -7.22 | 4.58 | -31.64 | 6.37 | 45.77 | 2.86 | 0 | 0.02 | -50.0 | 17.2 | 0.0 | 3.54 | 72.68 | 0.69 | 0.0 | 16.98 | -6.29 | 21.21 | 1.68 | 1.31 | 162.0 | 18.29 | -1.77 | 0.01 | 150.22 |
| 2018 (5) | 13.78 | 100.58 | 0.3 | -70.0 | 0 | 0 | 0 | 0 | 57.51 | 81.82 | 14.82 | 309.39 | 11.74 | 56.95 | 20.41 | -13.68 | 6.7 | 47.25 | 4.37 | 0.69 | 0 | 0 | 0.04 | -20.0 | 17.2 | 0.0 | 2.05 | 21.3 | 0.69 | 0.0 | 18.12 | 190.38 | 20.86 | 141.71 | 0.5 | -78.81 | 18.62 | 116.51 | 0.00 | 0 |
| 2017 (4) | 6.87 | 28.89 | 1.0 | -60.0 | 0 | 0 | 0 | 0 | 31.63 | 17.98 | 3.62 | 44.8 | 7.48 | 8.72 | 23.65 | -7.85 | 4.55 | 27.09 | 4.34 | 19.23 | 0 | 0 | 0.05 | 66.67 | 17.2 | -7.08 | 1.69 | 17.36 | 0.69 | 0.0 | 6.24 | 77.78 | 8.63 | 52.74 | 2.36 | 202.56 | 8.6 | 100.47 | 0.00 | 0 |
| 2016 (3) | 5.33 | -9.2 | 2.5 | -13.49 | 0 | 0 | 0 | 0 | 26.81 | 12.27 | 2.5 | 82.48 | 6.88 | 10.08 | 25.66 | -1.95 | 3.58 | -9.37 | 3.64 | -1.09 | 0 | 0 | 0.03 | 0.0 | 18.51 | 0.0 | 1.44 | 10.77 | 0.69 | 0.0 | 3.51 | 81.87 | 5.65 | 44.13 | 0.78 | 52.94 | 4.29 | 75.82 | 0.00 | 0 |
| 2015 (2) | 5.87 | 39.1 | 2.89 | -28.64 | 0 | 0 | 0 | 0 | 23.88 | -5.01 | 1.37 | -1.44 | 6.25 | -5.16 | 26.17 | -0.16 | 3.95 | -5.05 | 3.68 | 0.0 | 0 | 0 | 0.03 | 0 | 18.51 | 0.0 | 1.3 | 11.11 | 0.69 | 0.0 | 1.93 | 25.32 | 3.92 | 15.29 | 0.51 | -33.77 | 2.44 | 5.63 | 0.00 | 0 |
| 2014 (1) | 4.22 | -5.17 | 4.05 | 34.55 | 0 | 0 | 0 | 0 | 25.14 | 17.92 | 1.39 | 595.0 | 6.59 | 24.34 | 26.21 | 5.45 | 4.16 | 1.22 | 3.68 | 797.56 | 0 | 0 | 0 | 0 | 18.51 | 0.0 | 1.17 | 1.74 | 0.69 | 0.0 | 1.54 | 541.67 | 3.4 | 63.46 | 0.77 | 0 | 2.31 | 1115.79 | 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) | 3.81 | -26.02 | -62.2 | 1.64 | -8.89 | 0 | 1.64 | -38.81 | -60.77 | 0 | 0 | 0 | 9.75 | 0.41 | 2.74 | 0.89 | -43.67 | -20.54 | 9.45 | -3.37 | 3.5 | 25.69 | -4.06 | 1.79 | 6.43 | -6.54 | -0.62 | 12.84 | -0.62 | 11.07 | 0 | 0 | -100.0 | 0.05 | 0.0 | -28.57 | 17.2 | 0.0 | 0.0 | 7.33 | 0.0 | 6.7 | 0.68 | 0.0 | 0.0 | 33.33 | 2.93 | 5.68 | 41.33 | 2.35 | 5.73 | 7.26 | -17.31 | 10.67 | 40.59 | -1.38 | 6.54 | 0.00 | 0 | 0 |
| 24Q2 (19) | 5.15 | -47.18 | -60.66 | 1.8 | 328.57 | 0 | 2.68 | -21.87 | -35.89 | 0 | 0 | 0 | 9.71 | 11.23 | 0.52 | 1.58 | 8.22 | 6.76 | 9.78 | 15.06 | 5.84 | 26.78 | 14.9 | 2.69 | 6.88 | 4.72 | -5.1 | 12.92 | 12.84 | 15.05 | 0 | -100.0 | -100.0 | 0.05 | -16.67 | -28.57 | 17.2 | 0.0 | 0.0 | 7.33 | 6.7 | 6.7 | 0.68 | 0.0 | 0.0 | 32.38 | -2.68 | 6.55 | 40.38 | -1.08 | 6.43 | 8.78 | 4.65 | 40.48 | 41.16 | -1.2 | 12.34 | 0.00 | 0 | 0 |
| 24Q1 (18) | 9.75 | -4.13 | -22.92 | 0.42 | -33.33 | 0 | 3.43 | -16.14 | -11.6 | 0 | 0 | 0 | 8.73 | 1.63 | -0.8 | 1.46 | 256.1 | -2.67 | 8.5 | -2.19 | -0.58 | 23.31 | -2.0 | 2.2 | 6.57 | 9.32 | -2.38 | 11.45 | 0.62 | -0.26 | 0.29 | -56.06 | -92.14 | 0.06 | 0.0 | -25.0 | 17.2 | 0.0 | 0.0 | 6.87 | 0.0 | 9.92 | 0.68 | 0.0 | 0.0 | 33.27 | 4.66 | 5.89 | 40.82 | 3.76 | 6.44 | 8.39 | 19.35 | 22.66 | 41.66 | 7.32 | 8.89 | 0.00 | 0 | 0 |
| 23Q4 (17) | 10.17 | 0.89 | -36.67 | 0.63 | 0 | -72.61 | 4.09 | -2.15 | 16.86 | 0 | 0 | 0 | 8.59 | -9.48 | 4.5 | 0.41 | -63.39 | 441.67 | 8.69 | -4.82 | 4.95 | 23.78 | -5.78 | 18.97 | 6.01 | -7.11 | -10.57 | 11.38 | -1.56 | -1.13 | 0.66 | -59.26 | -86.02 | 0.06 | -14.29 | -25.0 | 17.2 | 0.0 | 0.0 | 6.87 | 0.0 | 9.92 | 0.68 | 0.0 | 0.0 | 31.79 | 0.79 | 6.25 | 39.34 | 0.64 | 6.76 | 7.03 | 7.16 | 33.14 | 38.82 | 1.89 | 10.28 | 0.00 | 0 | 0 |
| 23Q3 (16) | 10.08 | -22.99 | -34.63 | 0 | 0 | -100.0 | 4.18 | 0.0 | 64.57 | 0 | 0 | 0 | 9.49 | -1.76 | 8.46 | 1.12 | -24.32 | -7.44 | 9.13 | -1.19 | 3.75 | 25.24 | -3.21 | 33.67 | 6.47 | -10.76 | -10.64 | 11.56 | 2.94 | -2.28 | 1.62 | -38.87 | -71.88 | 0.07 | 0.0 | -22.22 | 17.2 | 0.0 | 0.0 | 6.87 | 0.0 | 9.92 | 0.68 | 0.0 | 0.0 | 31.54 | 3.78 | 5.31 | 39.09 | 3.03 | 6.02 | 6.56 | 4.96 | 41.08 | 38.1 | 3.98 | 10.12 | 0.00 | 0 | 0 |
| 23Q2 (15) | 13.09 | 3.48 | -31.57 | 0 | 0 | 0 | 4.18 | 7.73 | 180.54 | 0 | 0 | 0 | 9.66 | 9.77 | -17.58 | 1.48 | -1.33 | -16.85 | 9.24 | 8.07 | -18.66 | 26.08 | 14.35 | 23.19 | 7.25 | 7.73 | -7.76 | 11.23 | -2.18 | -5.63 | 2.65 | -28.18 | -60.97 | 0.07 | -12.5 | -22.22 | 17.2 | 0.0 | 0.0 | 6.87 | 9.92 | 9.92 | 0.68 | 0.0 | 0.0 | 30.39 | -3.28 | 5.3 | 37.94 | -1.07 | 6.04 | 6.25 | -8.63 | 65.34 | 36.64 | -4.23 | 12.25 | 0.00 | 0 | 0 |
| 23Q1 (14) | 12.65 | -21.23 | -35.69 | 0 | -100.0 | -100.0 | 3.88 | 10.86 | 417.33 | 0 | 0 | 0 | 8.8 | 7.06 | -30.87 | 1.5 | 1350.0 | -31.51 | 8.55 | 3.26 | -24.8 | 22.81 | 14.09 | 16.78 | 6.73 | 0.15 | -13.94 | 11.48 | -0.26 | -6.97 | 3.69 | -21.82 | -50.93 | 0.08 | 0.0 | 14.29 | 17.2 | 0.0 | 0.0 | 6.25 | 0.0 | 22.55 | 0.68 | 0.0 | 0.0 | 31.42 | 5.01 | 1.06 | 38.35 | 4.07 | 4.01 | 6.84 | 29.55 | 2.86 | 38.26 | 8.69 | 1.38 | 0.00 | 0 | 0 |
| 22Q4 (13) | 16.06 | 4.15 | 22.41 | 2.3 | 666.67 | 0 | 3.5 | 37.8 | 4275.0 | 0 | 0 | 0 | 8.22 | -6.06 | -38.66 | -0.12 | -109.92 | -104.76 | 8.28 | -5.91 | -26.73 | 19.99 | 5.86 | 6.32 | 6.72 | -7.18 | -18.15 | 11.51 | -2.7 | -0.6 | 4.72 | -18.06 | -42.3 | 0.08 | -11.11 | 14.29 | 17.2 | 0.0 | 0.0 | 6.25 | 0.0 | 22.55 | 0.68 | 0.0 | 0.0 | 29.92 | -0.1 | 5.72 | 36.85 | -0.05 | 8.16 | 5.28 | 13.55 | -34.25 | 35.2 | 1.73 | -3.11 | 0.00 | 0 | 0 |
| 22Q3 (12) | 15.42 | -19.39 | 32.25 | 0.3 | 0 | -40.0 | 2.54 | 70.47 | 0 | 0 | 0 | 0 | 8.75 | -25.34 | -44.66 | 1.21 | -32.02 | -70.05 | 8.8 | -22.54 | -36.23 | 18.88 | -10.8 | -17.4 | 7.24 | -7.89 | -12.24 | 11.83 | -0.59 | 4.14 | 5.76 | -15.17 | -24.8 | 0.09 | 0.0 | 800.0 | 17.2 | 0.0 | 0.0 | 6.25 | 0.0 | 22.55 | 0.68 | 0.0 | 0.0 | 29.95 | 3.78 | 15.95 | 36.87 | 3.05 | 16.64 | 4.65 | 23.02 | -29.01 | 34.6 | 6.0 | 6.86 | 0.00 | 0 | 0 |
| 22Q2 (11) | 19.13 | -2.75 | 26.19 | 0 | -100.0 | 0 | 1.49 | 98.67 | 0 | 0 | 0 | 0 | 11.72 | -7.93 | -28.01 | 1.78 | -18.72 | -17.97 | 11.36 | -0.09 | -17.56 | 21.17 | 8.4 | -9.42 | 7.86 | 0.51 | 4.24 | 11.9 | -3.57 | 81.68 | 6.79 | -9.71 | -11.24 | 0.09 | 28.57 | 800.0 | 17.2 | 0.0 | 0.0 | 6.25 | 22.55 | 45.01 | 0.68 | 0.0 | 0.0 | 28.86 | -7.17 | 11.09 | 35.78 | -2.96 | 15.53 | 3.78 | -43.16 | -50.85 | 32.64 | -13.51 | -3.06 | 0.00 | 0 | 0 |
| 22Q1 (10) | 19.67 | 49.92 | 58.37 | 0.2 | 0 | 0 | 0.75 | 837.5 | 0 | 0 | 0 | 0 | 12.73 | -5.0 | -12.87 | 2.19 | -13.1 | -19.19 | 11.37 | 0.62 | 1.43 | 19.53 | 3.87 | -2.65 | 7.82 | -4.75 | 8.01 | 12.34 | 6.56 | 85.01 | 7.52 | -8.07 | -1.57 | 0.07 | 0.0 | 250.0 | 17.2 | 0.0 | 0.0 | 5.1 | 0.0 | 18.33 | 0.68 | 0.0 | -1.45 | 31.09 | 9.86 | 31.02 | 36.87 | 8.22 | 28.33 | 6.65 | -17.19 | 23.61 | 37.74 | 3.88 | 29.65 | 0.00 | 0 | -100.0 |
| 21Q4 (9) | 13.12 | 12.52 | 7.28 | 0 | -100.0 | -100.0 | 0.08 | 0 | 0 | 0 | 0 | 0 | 13.4 | -15.24 | -1.9 | 2.52 | -37.62 | 39.23 | 11.3 | -18.12 | 7.93 | 18.80 | -17.76 | -6.49 | 8.21 | -0.48 | 28.48 | 11.58 | 1.94 | 81.79 | 8.18 | 6.79 | 7.21 | 0.07 | 600.0 | 250.0 | 17.2 | 0.0 | 0.0 | 5.1 | 0.0 | 18.33 | 0.68 | 0.0 | -1.45 | 28.3 | 9.56 | 34.63 | 34.07 | 7.78 | 30.89 | 8.03 | 22.6 | 104.85 | 36.33 | 12.2 | 45.67 | 0.00 | 0 | -100.0 |
| 21Q3 (8) | 11.66 | -23.09 | 20.58 | 0.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15.81 | -2.89 | 9.72 | 4.04 | 86.18 | 32.89 | 13.8 | 0.15 | 27.19 | 22.86 | -2.18 | 2.01 | 8.25 | 9.42 | 32.0 | 11.36 | 73.44 | 86.84 | 7.66 | 0.13 | 0.52 | 0.01 | 0.0 | -50.0 | 17.2 | 0.0 | 0.0 | 5.1 | 18.33 | 18.33 | 0.68 | 0.0 | -1.45 | 25.83 | -0.58 | 34.25 | 31.61 | 2.07 | 30.4 | 6.55 | -14.82 | 361.27 | 32.38 | -3.83 | 56.73 | 0.00 | 0 | -100.0 |
| 21Q2 (7) | 15.16 | 22.06 | 38.7 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.28 | 11.43 | 23.33 | 2.17 | -19.93 | 1.88 | 13.78 | 22.93 | 44.9 | 23.37 | 16.5 | 0 | 7.54 | 4.14 | 22.8 | 6.55 | -1.8 | 8.8 | 7.65 | 0.13 | 30.77 | 0.01 | -50.0 | -50.0 | 17.2 | 0.0 | 0.0 | 4.31 | 0.0 | 0.0 | 0.68 | -1.45 | -1.45 | 25.98 | 9.48 | 60.47 | 30.97 | 7.8 | 46.15 | 7.69 | 42.94 | 11085.71 | 33.67 | 15.66 | 108.87 | 0.00 | -100.0 | -100.0 |
| 21Q1 (6) | 12.42 | 1.55 | 34.56 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 14.61 | 6.95 | 35.28 | 2.71 | 49.72 | 191.4 | 11.21 | 7.07 | 30.81 | 20.06 | -0.23 | 0 | 7.24 | 13.3 | 49.59 | 6.67 | 4.71 | 9.88 | 7.64 | 0.13 | 101.05 | 0.02 | 0.0 | 0.0 | 17.2 | 0.0 | 0.0 | 4.31 | 0.0 | 21.75 | 0.69 | 0.0 | 0.0 | 23.73 | 12.89 | 32.35 | 28.73 | 10.37 | 29.65 | 5.38 | 37.24 | 492.7 | 29.11 | 16.72 | 75.79 | 0.01 | -4.2 | -24.55 |
| 20Q4 (5) | 12.23 | 26.47 | 55.4 | 0.2 | 0 | -74.03 | 0 | 0 | 0 | 0 | 0 | 0 | 13.66 | -5.2 | 36.6 | 1.81 | -40.46 | 19.87 | 10.47 | -3.5 | 26.91 | 20.11 | -10.29 | 0 | 6.39 | 2.24 | 39.52 | 6.37 | 4.77 | 0.0 | 7.63 | 0.13 | 166.78 | 0.02 | 0.0 | 0.0 | 17.2 | 0.0 | 0.0 | 4.31 | 0.0 | 21.75 | 0.69 | 0.0 | 0.0 | 21.02 | 9.25 | 23.79 | 26.03 | 7.38 | 22.73 | 3.92 | 176.06 | 199.24 | 24.94 | 20.72 | 36.36 | 0.01 | -10.32 | -19.93 |
| 20Q3 (4) | 9.67 | -11.53 | 0.0 | 0 | -100.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 14.41 | 9.17 | 0.0 | 3.04 | 42.72 | 0.0 | 10.85 | 14.09 | 0.0 | 22.41 | 0 | 0.0 | 6.25 | 1.79 | 0.0 | 6.08 | 1.0 | 0.0 | 7.62 | 30.26 | 0.0 | 0.02 | 0.0 | 0.0 | 17.2 | 0.0 | 0.0 | 4.31 | 0.0 | 0.0 | 0.69 | 0.0 | 0.0 | 19.24 | 18.84 | 0.0 | 24.24 | 14.39 | 0.0 | 1.42 | 2128.57 | 0.0 | 20.66 | 28.16 | 0.0 | 0.01 | -9.39 | 0.0 |
