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) | 31.57 | -15.52 | 0.9 | -2.17 | 0 | 0 | 0 | 0 | 97.91 | -14.02 | 5.75 | -55.08 | 6.19 | -23.2 | 6.32 | -10.67 | 1.09 | -15.5 | 1.17 | -13.33 | 0 | 0 | 12.4 | 5.26 | 17.55 | 0.0 | 6.12 | 25.41 | 4.39 | -13.07 | 16.73 | -23.54 | 27.24 | -14.39 | -4.51 | 0 | 12.22 | -30.13 | 0.07 | 1.71 |
| 2022 (9) | 37.37 | 9.3 | 0.92 | -8.0 | 0 | 0 | 0 | 0 | 113.88 | 0.14 | 12.8 | 15.73 | 8.06 | -9.23 | 7.08 | -9.36 | 1.29 | 4.88 | 1.35 | 11.57 | 0 | 0 | 11.78 | 86.69 | 17.55 | 0.0 | 4.88 | 29.1 | 5.05 | -8.51 | 21.88 | 15.58 | 31.82 | 12.68 | -4.39 | 0 | 17.49 | 26.01 | 0.07 | -8.42 |
| 2021 (8) | 34.19 | 42.58 | 1.0 | -55.75 | 0.8 | -50.0 | 0 | 0 | 113.72 | 8.9 | 11.06 | 26.83 | 8.88 | -7.79 | 7.81 | -15.32 | 1.23 | -2.38 | 1.21 | -40.98 | 0 | 0 | 6.31 | -55.31 | 17.55 | 0.0 | 3.78 | 42.64 | 5.52 | 220.93 | 18.93 | -4.97 | 28.24 | 16.26 | -5.05 | 0 | 13.88 | -3.61 | 0.08 | -20.64 |
| 2020 (7) | 23.98 | 8.85 | 2.26 | -69.79 | 1.6 | 0.0 | 0 | 0 | 104.43 | 7.87 | 8.72 | -1.8 | 9.63 | -10.42 | 9.22 | -16.96 | 1.26 | 8.62 | 2.05 | -12.77 | 0.8 | -66.67 | 14.12 | 67.5 | 17.55 | 0.0 | 2.65 | 50.57 | 1.72 | -13.57 | 19.92 | 36.34 | 24.29 | 32.23 | -5.52 | 0 | 14.4 | 11.71 | 0.10 | -13.58 |
| 2019 (6) | 22.03 | -21.24 | 7.48 | 434.29 | 1.6 | 0.0 | 0 | 0 | 96.81 | -32.47 | 8.88 | -49.55 | 10.75 | 10.37 | 11.10 | 63.43 | 1.16 | 14.85 | 2.35 | 3.07 | 2.4 | -70.0 | 8.43 | 14.38 | 17.55 | 0.0 | 1.76 | 0 | 1.99 | 0 | 14.61 | -30.06 | 18.37 | -12.06 | -1.72 | 0 | 12.89 | -31.8 | 0.11 | 30.3 |
| 2018 (5) | 27.97 | 102.68 | 1.4 | -83.35 | 1.6 | -27.6 | 0 | 0 | 143.35 | 69.14 | 17.6 | 6418.52 | 9.74 | -56.71 | 6.79 | -74.41 | 1.01 | 42.25 | 2.28 | -61.03 | 8.0 | -38.18 | 7.37 | 157.69 | 17.55 | 0.29 | 0 | 0 | 0 | 0 | 20.89 | 0 | 20.89 | 0 | -1.99 | 0 | 18.9 | 884.38 | 0.08 | -23.27 |
| 2017 (4) | 13.8 | -6.25 | 8.41 | 15.68 | 2.21 | -70.69 | 0 | 0 | 84.75 | 0.78 | 0.27 | 0 | 22.5 | 55.6 | 26.55 | 54.39 | 0.71 | 91.89 | 5.85 | -18.41 | 12.94 | -24.59 | 2.86 | 1.06 | 17.5 | 11.04 | 0 | 0 | 0 | 0 | -0.14 | 0 | -0.14 | 0 | 2.06 | 19.77 | 1.92 | 0 | 0.11 | -12.66 |
| 2016 (3) | 14.72 | 0.89 | 7.27 | 84.52 | 7.54 | 0 | 0 | 0 | 84.09 | -13.13 | -3.83 | 0 | 14.46 | -26.22 | 17.20 | -15.07 | 0.37 | -67.26 | 7.17 | 91.2 | 17.16 | -24.51 | 2.83 | 6.39 | 15.76 | 0.0 | 0.52 | 300.0 | 0.65 | 0 | -3.08 | 0 | -1.91 | 0 | 1.72 | 0 | -1.36 | 0 | 0.13 | 12.57 |
| 2015 (2) | 14.59 | 14.61 | 3.94 | 0 | 0 | 0 | 0 | 0 | 96.8 | 6.73 | 3.88 | 317.2 | 19.6 | 13.89 | 20.25 | 6.71 | 1.13 | 101.79 | 3.75 | 195.28 | 22.73 | 0 | 2.66 | -12.79 | 15.76 | 0.0 | 0.13 | 225.0 | 0 | 0 | 3.9 | 333.33 | 4.03 | 212.4 | -0.65 | 0 | 3.25 | 160.0 | 0.11 | 53.09 |
| 2014 (1) | 12.73 | -20.83 | 0 | 0 | 0 | 0 | 0 | 0 | 90.7 | 10.1 | 0.93 | 25.68 | 17.21 | 12.48 | 18.97 | 2.17 | 0.56 | -11.11 | 1.27 | 202.38 | 0 | 0 | 3.05 | -1.61 | 15.76 | 0.0 | 0.04 | 0 | 0.35 | 0 | 0.9 | 130.77 | 1.29 | 230.77 | 0.35 | 0 | 1.25 | 0 | 0.07 | 24.78 |
| 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) | 16.02 | -28.74 | -55.08 | 2.2 | 340.0 | -36.42 | 0 | 0 | 0 | 0 | 0 | 0 | 32.43 | 33.68 | 21.37 | 3.32 | -78.51 | 78.49 | 19.89 | 34.94 | 211.76 | 18.08 | 27.93 | 181.88 | 1.65 | 50.0 | 50.0 | 20.94 | -1.51 | 1720.87 | 0 | 0 | 0 | 7.12 | -15.04 | -45.9 | 17.55 | 0.0 | 0.0 | 6.68 | 0.0 | 9.15 | 4.51 | 0.0 | 2.73 | 32.9 | 10.85 | 94.21 | 44.09 | 7.91 | 60.62 | -4.53 | -4.38 | -9.95 | 28.37 | 11.96 | 121.29 | 0.05 | -1.53 | -29.9 |
| 24Q2 (19) | 22.48 | -46.93 | -45.08 | 0.5 | -87.18 | -30.56 | 0 | 0 | 0 | 0 | 0 | 0 | 24.26 | -27.19 | 16.3 | 15.45 | 282.43 | 2205.97 | 14.74 | 38.27 | 111.78 | 14.13 | 33.77 | 116.78 | 1.1 | 13.4 | 3.77 | 21.26 | 1732.76 | 1671.67 | 0 | 0 | 0 | 8.38 | -25.97 | -33.75 | 17.55 | 0.0 | 0.0 | 6.68 | 9.15 | 9.15 | 4.51 | 2.73 | 2.73 | 29.68 | 42.97 | 96.95 | 40.86 | 30.67 | 59.73 | -4.34 | -4.08 | -1.17 | 25.34 | 52.74 | 135.06 | 0.05 | -24.05 | -31.14 |
| 24Q1 (18) | 42.36 | 34.18 | 7.13 | 3.9 | 333.33 | 328.57 | 0 | 0 | 0 | 0 | 0 | 0 | 33.32 | 66.68 | 9.82 | 4.04 | 2793.33 | 20.24 | 10.66 | 72.21 | 20.72 | 10.57 | 67.13 | 31.79 | 0.97 | -11.01 | -26.52 | 1.16 | -0.85 | -14.07 | 0 | 0 | 0 | 11.32 | -8.71 | -7.52 | 17.55 | 0.0 | 0.0 | 6.12 | 0.0 | 25.41 | 4.39 | 0.0 | -13.07 | 20.76 | 24.09 | -17.75 | 31.27 | 14.79 | -11.11 | -4.17 | 7.54 | 6.5 | 16.59 | 35.76 | -20.16 | 0.07 | -5.54 | -0.44 |
| 23Q4 (17) | 31.57 | -11.47 | -15.52 | 0.9 | -73.99 | -2.17 | 0 | 0 | 0 | 0 | 0 | 0 | 19.99 | -25.19 | -7.2 | -0.15 | -108.06 | -183.33 | 6.19 | -2.98 | -23.2 | 6.32 | -1.44 | -10.67 | 1.09 | -0.91 | -15.5 | 1.17 | 1.74 | -13.33 | 0 | 0 | 0 | 12.4 | -5.78 | 5.26 | 17.55 | 0.0 | 0.0 | 6.12 | 0.0 | 25.41 | 4.39 | 0.0 | -13.07 | 16.73 | -1.24 | -23.54 | 27.24 | -0.77 | -14.39 | -4.51 | -9.47 | -2.73 | 12.22 | -4.68 | -30.13 | 0.07 | -0.78 | 1.71 |
| 23Q3 (16) | 35.66 | -12.88 | -22.46 | 3.46 | 380.56 | -4.42 | 0 | 0 | 0 | 0 | 0 | 0 | 26.72 | 28.09 | -21.43 | 1.86 | 177.61 | -62.27 | 6.38 | -8.33 | -37.7 | 6.41 | -1.61 | -27.57 | 1.1 | 3.77 | -25.68 | 1.15 | -4.17 | -17.86 | 0 | 0 | 0 | 13.16 | 4.03 | 147.83 | 17.55 | 0.0 | 0.0 | 6.12 | 0.0 | 25.41 | 4.39 | 0.0 | -13.07 | 16.94 | 12.41 | -22.47 | 27.45 | 7.31 | -13.65 | -4.12 | 3.96 | -0.98 | 12.82 | 18.92 | -27.86 | 0.07 | -3.27 | 4.28 |
| 23Q2 (15) | 40.93 | 3.52 | -3.12 | 0.72 | -20.88 | -49.65 | 0 | 0 | 0 | 0 | 0 | 0 | 20.86 | -31.25 | -13.98 | 0.67 | -80.06 | -72.98 | 6.96 | -21.18 | -30.88 | 6.52 | -18.67 | -24.29 | 1.06 | -19.7 | -17.83 | 1.2 | -11.11 | -16.67 | 0 | 0 | 0 | 12.65 | 3.35 | 131.26 | 17.55 | 0.0 | 0.0 | 6.12 | 25.41 | 25.41 | 4.39 | -13.07 | -13.07 | 15.07 | -40.29 | -12.49 | 25.58 | -27.29 | -5.82 | -4.29 | 3.81 | 15.88 | 10.78 | -48.12 | -11.06 | 0.07 | 9.82 | -0.57 |
| 23Q1 (14) | 39.54 | 5.81 | -8.75 | 0.91 | -1.09 | -40.13 | 0 | 0 | -100.0 | 0 | 0 | 0 | 30.34 | 40.85 | -11.0 | 3.36 | 1766.67 | -35.51 | 8.83 | 9.55 | 0.68 | 8.02 | 13.28 | 6.73 | 1.32 | 2.33 | 16.81 | 1.35 | 0.0 | -2.88 | 0 | 0 | 0 | 12.24 | 3.9 | 125.41 | 17.55 | 0.0 | 0.0 | 4.88 | 0.0 | 29.1 | 5.05 | 0.0 | -8.51 | 25.24 | 15.36 | 4.56 | 35.18 | 10.56 | 5.2 | -4.46 | -1.59 | 12.89 | 20.78 | 18.81 | 9.25 | 0.07 | -3.49 | -4.56 |
| 22Q4 (13) | 37.37 | -18.74 | 9.3 | 0.92 | -74.59 | -8.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 21.54 | -36.67 | -7.47 | 0.18 | -96.35 | -90.91 | 8.06 | -21.29 | -9.23 | 7.08 | -20.09 | -9.36 | 1.29 | -12.84 | 4.88 | 1.35 | -3.57 | 11.57 | 0 | 0 | 0 | 11.78 | 121.85 | 86.69 | 17.55 | 0.0 | 0.0 | 4.88 | 0.0 | 29.1 | 5.05 | 0.0 | -8.51 | 21.88 | 0.14 | 15.58 | 31.82 | 0.09 | 12.68 | -4.39 | -7.6 | 13.07 | 17.49 | -1.58 | 26.01 | 0.07 | 1.72 | -8.42 |
| 22Q3 (12) | 45.99 | 8.85 | 32.69 | 3.62 | 153.15 | -35.01 | 0 | 0 | -100.0 | 0 | 0 | 0 | 34.01 | 40.25 | -3.68 | 4.93 | 98.79 | 14.39 | 10.24 | 1.69 | -15.65 | 8.86 | 2.83 | -18.55 | 1.48 | 14.73 | 25.42 | 1.4 | -2.78 | -22.22 | 0 | 0 | 0 | 5.31 | -2.93 | -43.57 | 17.55 | 0.0 | 0.0 | 4.88 | 0.0 | 29.1 | 5.05 | 0.0 | -8.51 | 21.85 | 26.89 | 28.3 | 31.79 | 17.05 | 20.74 | -4.08 | 20.0 | 29.41 | 17.77 | 46.62 | 57.96 | 0.07 | -7.77 | -20.26 |
| 22Q2 (11) | 42.25 | -2.49 | 31.58 | 1.43 | -5.92 | -6.54 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 24.25 | -28.86 | 0.75 | 2.48 | -52.4 | 47.62 | 10.07 | 14.82 | -16.64 | 8.61 | 14.65 | -26.91 | 1.29 | 14.16 | 6.61 | 1.44 | 3.6 | -31.75 | 0 | 0 | 0 | 5.47 | 0.74 | -53.88 | 17.55 | 0.0 | 0.0 | 4.88 | 29.1 | 84.15 | 5.05 | -8.51 | 193.6 | 17.22 | -28.67 | -30.23 | 27.16 | -18.78 | -6.51 | -5.1 | 0.39 | 10.84 | 12.12 | -36.28 | -36.08 | 0.07 | 5.4 | -12.45 |
| 22Q1 (10) | 43.33 | 26.73 | 62.53 | 1.52 | 52.0 | -49.16 | 0.4 | -50.0 | -75.0 | 0 | 0 | 0 | 34.09 | 46.43 | 9.72 | 5.21 | 163.13 | 68.61 | 8.77 | -1.24 | -23.2 | 7.51 | -3.79 | -31.63 | 1.13 | -8.13 | -20.42 | 1.39 | 14.88 | -27.23 | 0 | 0 | -100.0 | 5.43 | -13.95 | -56.14 | 17.55 | 0.0 | 0.0 | 3.78 | 0.0 | 42.64 | 5.52 | 0.0 | 220.93 | 24.14 | 27.52 | 4.91 | 33.44 | 18.41 | 22.18 | -5.12 | -1.39 | 6.23 | 19.02 | 37.03 | 8.38 | 0.07 | -7.39 | -22.68 |
| 21Q4 (9) | 34.19 | -1.36 | 42.58 | 1.0 | -82.05 | -55.75 | 0.8 | -33.33 | -50.0 | 0 | 0 | 0 | 23.28 | -34.07 | 9.76 | 1.98 | -54.06 | 204.62 | 8.88 | -26.85 | -7.79 | 7.81 | -28.18 | -15.34 | 1.23 | 4.24 | -2.38 | 1.21 | -32.78 | -40.98 | 0 | 0 | -100.0 | 6.31 | -32.94 | -55.31 | 17.55 | 0.0 | 0.0 | 3.78 | 0.0 | 42.64 | 5.52 | 0.0 | 220.93 | 18.93 | 11.16 | -4.97 | 28.24 | 7.25 | 16.26 | -5.05 | 12.63 | 8.51 | 13.88 | 23.38 | -3.61 | 0.08 | -11.44 | -20.64 |
| 21Q3 (8) | 34.66 | 7.94 | 54.46 | 5.57 | 264.05 | -12.56 | 1.2 | -25.0 | -25.0 | 0 | 0 | 0 | 35.31 | 46.7 | 34.93 | 4.31 | 156.55 | 89.04 | 12.14 | 0.5 | 0.17 | 10.87 | -7.73 | -3.83 | 1.18 | -2.48 | 15.69 | 1.8 | -14.69 | -15.49 | 0 | 0 | -100.0 | 9.41 | -20.66 | -39.68 | 17.55 | 0.0 | 0.0 | 3.78 | 42.64 | 42.64 | 5.52 | 220.93 | 220.93 | 17.03 | -31.0 | -11.9 | 26.33 | -9.36 | 11.1 | -5.78 | -1.05 | -9.47 | 11.25 | -40.66 | -19.93 | 0.09 | 1.27 | -19.05 |
| 21Q2 (7) | 32.11 | 20.44 | 44.7 | 1.53 | -48.83 | -60.57 | 1.6 | 0.0 | 0.0 | 0 | 0 | 0 | 24.07 | -22.53 | -5.57 | 1.68 | -45.63 | -17.65 | 12.08 | 5.78 | 5.13 | 11.78 | 7.24 | 0 | 1.21 | -14.79 | 26.04 | 2.11 | 10.47 | -17.9 | 0 | -100.0 | -100.0 | 11.86 | -4.2 | 3.4 | 17.55 | 0.0 | 0.0 | 2.65 | 0.0 | 0.0 | 1.72 | 0.0 | 0.0 | 24.68 | 7.26 | 72.23 | 29.05 | 6.14 | 55.35 | -5.72 | -4.76 | -146.55 | 18.96 | 8.03 | 57.87 | 0.08 | -6.91 | -24.86 |
| 21Q1 (6) | 26.66 | 11.18 | 8.91 | 2.99 | 32.3 | -18.75 | 1.6 | 0.0 | 0.0 | 0 | 0 | 0 | 31.07 | 46.49 | -1.52 | 3.09 | 375.38 | -17.82 | 11.42 | 18.59 | -5.07 | 10.99 | 19.14 | 0 | 1.42 | 12.7 | 31.48 | 1.91 | -6.83 | -20.75 | 0.4 | -50.0 | -80.0 | 12.38 | -12.32 | 39.89 | 17.55 | 0.0 | 0.0 | 2.65 | 0.0 | 50.57 | 1.72 | 0.0 | -13.57 | 23.01 | 15.51 | 25.33 | 27.37 | 12.68 | 23.79 | -5.46 | 1.09 | -113.28 | 17.55 | 21.88 | 11.08 | 0.09 | -4.95 | -17.79 |
| 20Q4 (5) | 23.98 | 6.86 | 8.85 | 2.26 | -64.52 | -69.79 | 1.6 | 0.0 | 0.0 | 0 | 0 | 0 | 21.21 | -18.95 | -11.62 | 0.65 | -71.49 | -68.29 | 9.63 | -20.54 | -10.42 | 9.22 | -18.42 | 0 | 1.26 | 23.53 | 8.62 | 2.05 | -3.76 | -12.77 | 0.8 | -33.33 | -66.67 | 14.12 | -9.49 | 67.5 | 17.55 | 0.0 | 0.0 | 2.65 | 0.0 | 50.57 | 1.72 | 0.0 | -13.57 | 19.92 | 3.05 | 36.34 | 24.29 | 2.49 | 32.23 | -5.52 | -4.55 | -220.93 | 14.4 | 2.49 | 11.71 | 0.10 | -9.66 | -13.58 |
| 20Q3 (4) | 22.44 | 1.13 | 0.0 | 6.37 | 64.18 | 0.0 | 1.6 | 0.0 | 0.0 | 0 | 0 | 0.0 | 26.17 | 2.67 | 0.0 | 2.28 | 11.76 | 0.0 | 12.12 | 5.48 | 0.0 | 11.30 | 0 | 0.0 | 1.02 | 6.25 | 0.0 | 2.13 | -17.12 | 0.0 | 1.2 | -25.0 | 0.0 | 15.6 | 36.01 | 0.0 | 17.55 | 0.0 | 0.0 | 2.65 | 0.0 | 0.0 | 1.72 | 0.0 | 0.0 | 19.33 | 34.89 | 0.0 | 23.7 | 26.74 | 0.0 | -5.28 | -127.59 | 0.0 | 14.05 | 16.99 | 0.0 | 0.11 | -6.0 | 0.0 |
