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) | 14.31 | -41.71 | 15.02 | 400.67 | 0 | 0 | 0 | 0 | 20.69 | 2.78 | 5.22 | 1.16 | 1.11 | 7.77 | 5.36 | 4.85 | 0.71 | 446.15 | 0 | 0 | 0 | 0 | 24.85 | -0.84 | 15.82 | 0.0 | 5.76 | 9.92 | 0 | 0 | 5.22 | 0.58 | 10.98 | 5.17 | 0 | 0 | 5.22 | 0.58 | 0.00 | 0 |
| 2022 (9) | 24.55 | 10.59 | 3.0 | -40.0 | 20.0 | 0 | 0 | 0 | 20.13 | 0.35 | 5.16 | -0.77 | 1.03 | 21.18 | 5.12 | 20.76 | 0.13 | 0.0 | 0 | 0 | 0 | 0 | 25.06 | -1.38 | 15.82 | 0.0 | 5.24 | 11.02 | 0 | 0 | 5.19 | -0.76 | 10.44 | 4.92 | 0 | 0 | 5.19 | -0.76 | 0.00 | 0 |
| 2021 (8) | 22.2 | -11.59 | 5.0 | 400.0 | 0 | 0 | 0 | 0 | 20.06 | 0.05 | 5.2 | 3.79 | 0.85 | -4.49 | 4.24 | -4.54 | 0.13 | -35.0 | 0 | 0 | 19.99 | 0.0 | 25.41 | -1.44 | 15.82 | 0.0 | 4.72 | 11.32 | 0 | 0 | 5.23 | 6.95 | 9.95 | 6.99 | 0 | 0 | 5.23 | 6.95 | 0.00 | 0 |
| 2020 (7) | 25.11 | 13.16 | 1.0 | -87.01 | 0 | 0 | 0 | 0 | 20.05 | -0.1 | 5.01 | -0.2 | 0.89 | -60.09 | 4.44 | -60.05 | 0.2 | -45.95 | 0 | 0 | 19.99 | 0.05 | 25.78 | -1.41 | 15.82 | 0.0 | 4.24 | 13.37 | 0.17 | 0 | 4.89 | -2.2 | 9.3 | 6.41 | 0 | 0 | 4.89 | 1.24 | 0.00 | 0 |
| 2019 (6) | 22.19 | -50.38 | 7.7 | 0 | 0 | 0 | 0 | 0 | 20.07 | 1.67 | 5.02 | 42.61 | 2.23 | 5.19 | 11.11 | 3.46 | 0.37 | -24.49 | 0 | 0 | 19.98 | 0.0 | 26.15 | -1.28 | 15.82 | 0.0 | 3.74 | 6.86 | 0 | 0 | 5.0 | 104.92 | 8.74 | 47.39 | -0.17 | 0 | 4.83 | 97.95 | 0.00 | 0 |
| 2018 (5) | 44.72 | 62.15 | 0 | 0 | 28.73 | 2294.17 | 0 | 0 | 19.74 | 5.39 | 3.52 | 0.28 | 2.12 | 16.48 | 10.74 | 10.52 | 0.49 | 16.67 | 0 | 0 | 19.98 | -29.57 | 26.49 | -1.82 | 15.82 | 0.0 | 3.5 | 11.46 | 0 | 0 | 2.44 | -32.22 | 5.93 | -12.02 | 0 | 0 | 2.44 | -32.22 | 0.00 | 0 |
| 2017 (4) | 27.58 | 9.88 | 0.5 | -87.41 | 1.2 | -51.61 | 0 | 0 | 18.73 | 13.86 | 3.51 | 0 | 1.82 | 30.0 | 9.72 | 14.18 | 0.42 | -22.22 | 0 | 0 | 28.37 | -2.88 | 26.98 | -1.75 | 15.82 | 0.0 | 3.14 | -11.55 | 0 | 0 | 3.6 | 0 | 6.74 | 114.65 | 0 | 0 | 3.6 | 0 | 0.14 | -4.76 |
| 2016 (3) | 25.1 | 24.01 | 3.97 | 9.37 | 2.48 | -80.58 | 0 | 0 | 16.45 | -1.61 | -1.86 | 0 | 1.4 | 19.66 | 8.51 | 21.62 | 0.54 | -61.43 | 0 | 0 | 29.21 | 171.47 | 27.46 | -1.72 | 15.82 | 13.0 | 3.55 | 9.23 | 0 | 0 | -0.41 | 0 | 3.14 | -58.3 | 0 | 0 | -0.41 | 0 | 0.15 | -4.75 |
| 2015 (2) | 20.24 | -38.46 | 3.63 | -34.0 | 12.77 | 1476.54 | 0 | 0 | 16.72 | 78.82 | 3.06 | -6.71 | 1.17 | 1.74 | 7.00 | -43.11 | 1.4 | 225.58 | 0 | 0 | 10.76 | -53.78 | 27.94 | -1.69 | 14.0 | 0.29 | 3.25 | 11.3 | 0 | 0 | 4.28 | -2.51 | 7.53 | 3.01 | 0 | 0 | 4.28 | -2.51 | 0.15 | -6.56 |
| 2014 (1) | 32.89 | 41.77 | 5.5 | 7.84 | 0.81 | 0 | 0 | 0 | 9.35 | 13.75 | 3.28 | 27.63 | 1.15 | 82.54 | 12.30 | 60.48 | 0.43 | 115.0 | 0 | 0 | 23.28 | 104.21 | 28.42 | 3129.55 | 13.96 | 64.62 | 2.92 | 9.77 | 0 | 0 | 4.39 | 26.15 | 7.31 | 19.06 | 0 | 0 | 4.39 | 4.52 | 0.16 | -63.64 |
| 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) | 18.3 | -10.73 | -12.4 | 5.0 | 47.06 | 56.25 | 0 | 0 | -100.0 | 0 | 0 | 0 | 5.27 | -1.31 | 1.93 | 1.55 | 24.0 | 30.25 | 1.25 | 12.61 | 10.62 | 5.95 | 12.08 | 8.57 | 0.57 | 11.76 | 280.0 | 0 | 0 | 0 | 14.48 | 0.35 | 0 | 24.67 | -0.08 | -0.96 | 15.82 | 0.0 | 0.0 | 6.28 | 0.0 | 9.03 | 0 | 0 | 0 | 4.06 | 61.75 | 1.5 | 10.34 | 17.5 | 5.83 | 0 | 0 | 0 | 4.06 | 61.75 | 1.5 | 0.00 | 0 | 0 |
| 24Q2 (19) | 20.5 | -30.34 | -18.88 | 3.4 | -75.71 | 13.33 | 0 | 0 | -100.0 | 0 | 0 | 0 | 5.34 | 2.69 | 2.69 | 1.25 | 0.0 | -19.87 | 1.11 | 4.72 | 5.71 | 5.31 | 4.02 | 3.54 | 0.51 | -3.77 | 200.0 | 0 | 0 | 0 | 14.43 | 0.35 | 0 | 24.69 | -0.16 | -1.36 | 15.82 | 0.0 | 0.0 | 6.28 | 0.0 | 9.03 | 0 | 0 | 0 | 2.51 | 99.21 | -10.99 | 8.8 | 16.56 | 2.56 | 0 | 0 | 0 | 2.51 | 99.21 | -10.99 | 0.00 | 0 | 0 |
| 24Q1 (18) | 29.43 | 105.66 | 19.93 | 14.0 | -6.79 | 460.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 5.2 | -0.19 | 1.96 | 1.25 | 2.46 | 0.0 | 1.06 | -4.5 | 15.22 | 5.10 | -4.96 | 12.45 | 0.53 | -25.35 | 178.95 | 0 | 0 | 0 | 14.38 | 0 | 0 | 24.73 | -0.48 | -1.59 | 15.82 | 0.0 | 0.0 | 6.28 | 9.03 | 9.03 | 0 | 0 | 0 | 1.26 | -75.86 | 0.0 | 7.55 | -31.24 | 7.55 | 0 | 0 | 0 | 1.26 | -75.86 | 0.0 | 0.00 | 0 | 0 |
| 23Q4 (17) | 14.31 | -31.5 | -41.71 | 15.02 | 369.38 | 400.67 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 5.21 | 0.77 | 0.97 | 1.22 | 2.52 | 0.0 | 1.11 | -1.77 | 7.77 | 5.37 | -2.01 | 4.9 | 0.71 | 373.33 | 446.15 | 0 | 0 | 0 | 0 | 0 | 0 | 24.85 | -0.24 | -0.84 | 15.82 | 0.0 | 0.0 | 5.76 | 0.0 | 9.92 | 0 | 0 | 0 | 5.22 | 30.5 | 0.58 | 10.98 | 12.38 | 5.17 | 0 | 0 | 0 | 5.22 | 30.5 | 0.58 | 0.00 | 0 | 0 |
| 23Q3 (16) | 20.89 | -17.33 | -8.26 | 3.2 | 6.67 | -23.81 | 20.0 | 0.0 | 0 | 0 | 0 | 0 | 5.17 | -0.58 | 2.78 | 1.19 | -23.72 | 27.96 | 1.13 | 7.62 | -0.88 | 5.48 | 6.89 | -3.04 | 0.15 | -11.76 | -28.57 | 0 | 0 | 0 | 0 | 0 | -100.0 | 24.91 | -0.48 | -0.91 | 15.82 | 0.0 | 0.0 | 5.76 | 0.0 | 9.92 | 0 | 0 | 0 | 4.0 | 41.84 | 1.52 | 9.77 | 13.87 | 6.31 | 0 | 0 | 0 | 4.0 | 41.84 | 1.52 | 0.00 | 0 | 0 |
| 23Q2 (15) | 25.27 | 2.97 | -4.03 | 3.0 | 20.0 | -31.82 | 20.0 | 0.0 | 0 | 0 | 0 | 0 | 5.2 | 1.96 | 4.21 | 1.56 | 24.8 | 16.42 | 1.05 | 14.13 | 14.13 | 5.12 | 12.96 | 12.24 | 0.17 | -10.53 | -55.26 | 0 | 0 | 0 | 0 | 0 | -100.0 | 25.03 | -0.4 | -0.79 | 15.82 | 0.0 | 0.0 | 5.76 | 0.0 | 9.92 | 0 | 0 | 0 | 2.82 | 123.81 | -6.62 | 8.58 | 22.22 | 3.87 | 0 | 0 | 0 | 2.82 | 123.81 | -6.62 | 0.00 | 0 | 0 |
| 23Q1 (14) | 24.54 | -0.04 | 5.19 | 2.5 | -16.67 | -37.5 | 20.0 | 0.0 | 0 | 0 | 0 | 0 | 5.1 | -1.16 | 3.03 | 1.25 | 2.46 | -25.15 | 0.92 | -10.68 | -2.13 | 4.54 | -11.34 | -3.14 | 0.19 | 46.15 | 58.33 | 0 | 0 | 0 | 0 | 0 | -100.0 | 25.13 | 0.28 | -0.75 | 15.82 | 0.0 | 0.0 | 5.76 | 9.92 | 9.92 | 0 | 0 | 0 | 1.26 | -75.72 | -25.0 | 7.02 | -32.76 | 1.45 | 0 | 0 | 0 | 1.26 | -75.72 | -25.0 | 0.00 | 0 | 0 |
| 22Q4 (13) | 24.55 | 7.82 | 10.59 | 3.0 | -28.57 | -40.0 | 20.0 | 0 | 0 | 0 | 0 | 0 | 5.16 | 2.58 | -0.96 | 1.22 | 31.18 | -23.27 | 1.03 | -9.65 | 21.18 | 5.12 | -9.42 | 20.76 | 0.13 | -38.1 | 0.0 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 25.06 | -0.32 | -1.38 | 15.82 | 0.0 | 0.0 | 5.24 | 0.0 | 11.02 | 0 | 0 | 0 | 5.19 | 31.73 | -0.76 | 10.44 | 13.6 | 4.92 | 0 | 0 | 0 | 5.19 | 31.73 | -0.76 | 0.00 | 0 | 0 |
| 22Q3 (12) | 22.77 | -13.52 | 9.37 | 4.2 | -4.55 | -18.45 | 0 | 0 | 0 | 0 | 0 | 0 | 5.03 | 0.8 | 0.6 | 0.93 | -30.6 | -41.88 | 1.14 | 23.91 | 40.74 | 5.65 | 23.73 | 39.69 | 0.21 | -44.74 | 61.54 | 0 | 0 | 0 | 20.0 | 0.05 | 0.05 | 25.14 | -0.36 | -1.41 | 15.82 | 0.0 | 0.0 | 5.24 | 0.0 | 11.02 | 0 | 0 | 0 | 3.94 | 30.46 | 8.84 | 9.19 | 11.26 | 10.06 | 0 | 0 | 0 | 3.94 | 30.46 | 8.84 | 0.00 | 0 | 0 |
| 22Q2 (11) | 26.33 | 12.86 | 1.98 | 4.4 | 10.0 | 780.0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.99 | 0.81 | 1.63 | 1.34 | -19.76 | 47.25 | 0.92 | -2.13 | -9.8 | 4.57 | -2.52 | -10.61 | 0.38 | 216.67 | 52.0 | 0 | 0 | 0 | 19.99 | 0.0 | 0.0 | 25.23 | -0.36 | -1.41 | 15.82 | 0.0 | 0.0 | 5.24 | 0.0 | 23.58 | 0 | 0 | -100.0 | 3.02 | 79.76 | -56.23 | 8.26 | 19.36 | -26.97 | 0 | 0 | 0 | 3.02 | 79.76 | -56.23 | 0.00 | 0 | 0 |
| 22Q1 (10) | 23.33 | 5.09 | -15.68 | 4.0 | -20.0 | 300.0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.95 | -4.99 | 0.2 | 1.67 | 5.03 | 51.82 | 0.94 | 10.59 | 10.59 | 4.68 | 10.53 | 10.31 | 0.12 | -7.69 | -42.86 | 0 | 0 | 0 | 19.99 | 0.0 | 0.0 | 25.32 | -0.35 | -1.44 | 15.82 | 0.0 | 0.0 | 5.24 | 11.02 | 23.58 | 0 | 0 | -100.0 | 1.68 | -67.88 | -71.95 | 6.92 | -30.45 | -33.53 | 0 | 0 | 0 | 1.68 | -67.88 | -71.95 | 0.00 | 0 | 0 |
| 21Q4 (9) | 22.2 | 6.63 | -11.59 | 5.0 | -2.91 | 400.0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.21 | 4.2 | 0.58 | 1.59 | -0.62 | 57.43 | 0.85 | 4.94 | -4.49 | 4.24 | 4.78 | -4.49 | 0.13 | 0.0 | -35.0 | 0 | 0 | 0 | 19.99 | 0.0 | 0.0 | 25.41 | -0.35 | -1.44 | 15.82 | 0.0 | 0.0 | 4.72 | 0.0 | 11.32 | 0 | 0 | -100.0 | 5.23 | 44.48 | 6.95 | 9.95 | 19.16 | 6.99 | 0 | 0 | 0 | 5.23 | 44.48 | 6.95 | 0.00 | 0 | 0 |
| 21Q3 (8) | 20.82 | -19.36 | -10.45 | 5.15 | 930.0 | 157.5 | 0 | 0 | 0 | 0 | 0 | 0 | 5.0 | 1.83 | 1.21 | 1.6 | 75.82 | -15.79 | 0.81 | -20.59 | -7.95 | 4.04 | -20.83 | -8.74 | 0.13 | -48.0 | -40.91 | 0 | 0 | 0 | 19.99 | 0.0 | 0.0 | 25.5 | -0.35 | -1.43 | 15.82 | 0.0 | 0.0 | 4.72 | 11.32 | 11.32 | 0 | -100.0 | -100.0 | 3.62 | -47.54 | -6.7 | 8.35 | -26.17 | 0.6 | 0 | 0 | 0 | 3.62 | -47.54 | -6.7 | 0.00 | 0 | 0 |
| 21Q2 (7) | 25.82 | -6.69 | 0.82 | 0.5 | -50.0 | -78.26 | 0 | 0 | 0 | 0 | 0 | 0 | 4.91 | -0.61 | -1.01 | 0.91 | -17.27 | -9.0 | 1.02 | 20.0 | -59.04 | 5.11 | 20.3 | 0 | 0.25 | 19.05 | -10.71 | 0 | 0 | 0 | 19.99 | 0.0 | 0.0 | 25.59 | -0.39 | -1.43 | 15.82 | 0.0 | 0.0 | 4.24 | 0.0 | 0.0 | 0.17 | 0.0 | 0.0 | 6.9 | 15.19 | 248.48 | 11.31 | 8.65 | 77.0 | 0 | 0 | 0 | 6.9 | 15.19 | 248.48 | 0.00 | 0 | 0 |
| 21Q1 (6) | 27.67 | 10.2 | 17.2 | 1.0 | 0.0 | -60.0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.94 | -4.63 | -0.8 | 1.1 | 8.91 | 0.0 | 0.85 | -4.49 | -62.39 | 4.25 | -4.3 | 0 | 0.21 | 5.0 | -19.23 | 0 | 0 | 0 | 19.99 | 0.0 | 0.0 | 25.69 | -0.35 | -1.42 | 15.82 | 0.0 | 0.0 | 4.24 | 0.0 | 13.37 | 0.17 | 0.0 | 0 | 5.99 | 22.49 | 1.18 | 10.41 | 11.94 | 7.76 | 0 | 0 | 0 | 5.99 | 22.49 | 1.18 | 0.00 | 0 | 0 |
| 20Q4 (5) | 25.11 | 8.0 | 13.16 | 1.0 | -50.0 | -87.01 | 0 | 0 | 0 | 0 | 0 | 0 | 5.18 | 4.86 | 4.02 | 1.01 | -46.84 | -10.62 | 0.89 | 1.14 | -60.09 | 4.44 | 0.13 | 0 | 0.2 | -9.09 | -45.95 | 0 | 0 | 0 | 19.99 | 0.0 | 0.05 | 25.78 | -0.35 | -1.41 | 15.82 | 0.0 | 0.0 | 4.24 | 0.0 | 13.37 | 0.17 | 0.0 | 0 | 4.89 | 26.03 | -2.2 | 9.3 | 12.05 | 6.41 | 0 | 0 | 100.0 | 4.89 | 26.03 | 1.24 | 0.00 | 0 | 0 |
| 20Q3 (4) | 23.25 | -9.22 | 0.0 | 2.0 | -13.04 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 4.94 | -0.4 | 0.0 | 1.9 | 90.0 | 0.0 | 0.88 | -64.66 | 0.0 | 4.43 | 0 | 0.0 | 0.22 | -21.43 | 0.0 | 0 | 0 | 0.0 | 19.99 | 0.0 | 0.0 | 25.87 | -0.35 | 0.0 | 15.82 | 0.0 | 0.0 | 4.24 | 0.0 | 0.0 | 0.17 | 0.0 | 0.0 | 3.88 | 95.96 | 0.0 | 8.3 | 29.89 | 0.0 | 0 | 0 | 0.0 | 3.88 | 95.96 | 0.0 | 0.00 | 0 | 0.0 |
