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) | 24.76 | -2.37 | 30.54 | -6.23 | 0 | 0 | 0 | 0 | 295.14 | 5.13 | 8.47 | 3.29 | 56.9 | 23.64 | 19.28 | 17.61 | 48.2 | 25.1 | 0 | 0 | 5.59 | 459.0 | 0.05 | -28.57 | 21.24 | 1.72 | 10.37 | 8.7 | 0.16 | 0 | 8.49 | 2.29 | 19.03 | 6.67 | -0.28 | 0 | 8.21 | 0.86 | 0.07 | 2.76 |
| 2022 (9) | 25.36 | 28.28 | 32.57 | 23.09 | 1.07 | 0 | 0 | 0 | 280.73 | -13.54 | 8.2 | 3.27 | 46.02 | -33.91 | 16.39 | -23.56 | 38.53 | 10.4 | 0 | 0 | 1.0 | -81.45 | 0.07 | -30.0 | 20.88 | 7.96 | 9.54 | 9.4 | 0 | 0 | 8.3 | 0.97 | 17.84 | 5.31 | -0.16 | 0 | 8.14 | -1.33 | 0.07 | -6.43 |
| 2021 (8) | 19.77 | -9.27 | 26.46 | 10.02 | 0 | 0 | 0 | 0 | 324.69 | 21.56 | 7.94 | 48.13 | 69.63 | 24.7 | 21.45 | 2.58 | 34.9 | 49.15 | 0 | 0 | 5.39 | -44.26 | 0.1 | 42.86 | 19.34 | 7.98 | 8.72 | 6.47 | 0 | 0 | 8.22 | 51.66 | 16.94 | 23.11 | 0.03 | -57.14 | 8.25 | 50.27 | 0.07 | -17.08 |
| 2020 (7) | 21.79 | 34.09 | 24.05 | -11.32 | 0 | 0 | 0 | 0 | 267.11 | 17.03 | 5.36 | 14.04 | 55.84 | 33.88 | 20.91 | 14.39 | 23.4 | -14.03 | 0.01 | -80.0 | 9.67 | 0 | 0.07 | -36.36 | 17.91 | 0.06 | 8.19 | 6.09 | 0.15 | 200.0 | 5.42 | 15.81 | 13.76 | 10.52 | 0.07 | 0 | 5.49 | 21.19 | 0.09 | -1.1 |
| 2019 (6) | 16.25 | -1.28 | 27.12 | 36.56 | 0.19 | -29.63 | 0 | 0 | 228.24 | 15.79 | 4.7 | -9.96 | 41.71 | 18.39 | 18.27 | 2.25 | 27.22 | -4.96 | 0.05 | -28.57 | 0 | 0 | 0.11 | -15.38 | 17.9 | 0.0 | 7.72 | 7.22 | 0.05 | 0.0 | 4.68 | -10.69 | 12.45 | -0.24 | -0.15 | 0 | 4.53 | -12.72 | 0.09 | 3.22 |
| 2018 (5) | 16.46 | 20.15 | 19.86 | 34.37 | 0.27 | 12.5 | 0 | 0 | 197.12 | 6.64 | 5.22 | 48.72 | 35.23 | 8.03 | 17.87 | 1.3 | 28.64 | 17.04 | 0.07 | -46.15 | 0.19 | -58.7 | 0.13 | 8.33 | 17.9 | 0.0 | 7.2 | 5.26 | 0.05 | 0 | 5.24 | 48.86 | 12.48 | 20.35 | -0.05 | 0 | 5.19 | 49.57 | 0.09 | -8.68 |
| 2017 (4) | 13.7 | -0.36 | 14.78 | 1.16 | 0.24 | 0.0 | 0 | 0 | 184.84 | -1.77 | 3.51 | -21.65 | 32.61 | 8.95 | 17.64 | 10.92 | 24.47 | 4.93 | 0.13 | -13.33 | 0.46 | -32.35 | 0.12 | -7.69 | 17.9 | 0.0 | 6.84 | 6.88 | 0 | 0 | 3.52 | -20.9 | 10.37 | -4.42 | -0.05 | 0 | 3.47 | -22.54 | 0.09 | 104.52 |
| 2016 (3) | 13.75 | 1.85 | 14.61 | 13.08 | 0.24 | 4.35 | 0 | 0 | 188.17 | 6.48 | 4.48 | -22.36 | 29.93 | 15.6 | 15.91 | 8.57 | 23.32 | -13.79 | 0.15 | -11.76 | 0.68 | -26.09 | 0.13 | 116.67 | 17.9 | 0.0 | 6.4 | 9.97 | 0 | 0 | 4.45 | -21.38 | 10.85 | -6.63 | 0.03 | -57.14 | 4.48 | -21.82 | 0.05 | 11.11 |
| 2015 (2) | 13.5 | 12.03 | 12.92 | 2.13 | 0.23 | -4.17 | 0 | 0 | 176.72 | -13.61 | 5.77 | -7.38 | 25.89 | 2.74 | 14.65 | 18.92 | 27.05 | -16.72 | 0.17 | 6.25 | 0.92 | -19.3 | 0.06 | 20.0 | 17.9 | 0.0 | 5.82 | 11.92 | 0.13 | 0.0 | 5.66 | -8.56 | 11.62 | 0.87 | 0.07 | 75.0 | 5.73 | -8.03 | 0.04 | 75.74 |
| 2014 (1) | 12.05 | -11.07 | 12.65 | 9.62 | 0.24 | 0.0 | 0 | 0 | 204.55 | 1.44 | 6.23 | 7.6 | 25.2 | -3.49 | 12.32 | -4.86 | 32.48 | 24.44 | 0.16 | 45.45 | 1.14 | -16.79 | 0.05 | -28.57 | 17.9 | 0.0 | 5.2 | 12.55 | 0.13 | 0.0 | 6.19 | 6.91 | 11.52 | 9.3 | 0.04 | 0 | 6.23 | 8.16 | 0.02 | 10.21 |
| 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) | 26.54 | -30.36 | 28.52 | 31.18 | -13.36 | -16.7 | 1.35 | -31.12 | 0 | 0 | 0 | 0 | 89.22 | -6.77 | 6.67 | 2.86 | -25.13 | -29.21 | 57.66 | -0.43 | -20.57 | 15.44 | -1.92 | -40.55 | 41.44 | 8.42 | 23.96 | 0.05 | 0.0 | 0 | 2.0 | 100.0 | 0 | 0.08 | 166.67 | 60.0 | 21.87 | 0.55 | 2.97 | 11.22 | 0.0 | 8.2 | 0.28 | 0.0 | 75.0 | 11.52 | 33.03 | 41.35 | 23.03 | 14.24 | 23.22 | -0.17 | 5.56 | -750.0 | 11.35 | 33.84 | 39.61 | 0.08 | 1.71 | 9.24 |
| 24Q2 (19) | 38.11 | 49.98 | 55.11 | 35.99 | -7.5 | 24.06 | 1.96 | -34.45 | 0 | 0 | 0 | 0 | 95.7 | -15.75 | 42.01 | 3.82 | -20.91 | 58.51 | 57.91 | -26.78 | 9.76 | 15.74 | -32.42 | -23.78 | 38.22 | -4.38 | 8.64 | 0.05 | -16.67 | 0 | 1.0 | 0.0 | 0 | 0.03 | -25.0 | -50.0 | 21.75 | 0.93 | 2.4 | 11.22 | 8.2 | 8.2 | 0.28 | 75.0 | 75.0 | 8.66 | -35.03 | 110.71 | 20.16 | -15.51 | 37.7 | -0.18 | 18.18 | -325.0 | 8.48 | -35.32 | 102.39 | 0.07 | 9.69 | 7.34 |
| 24Q1 (18) | 25.41 | 2.63 | -1.13 | 38.91 | 27.41 | 22.44 | 2.99 | 0 | 1893.33 | 0 | 0 | 0 | 113.59 | 51.66 | 64.12 | 4.83 | 1320.59 | 187.5 | 79.09 | 39.0 | 46.84 | 23.29 | 20.83 | 14.73 | 39.97 | -17.07 | 11.84 | 0.06 | 0 | 0 | 1.0 | -82.11 | 0.0 | 0.04 | -20.0 | -33.33 | 21.55 | 1.46 | 1.56 | 10.37 | 0.0 | 8.7 | 0.16 | 0.0 | 0 | 13.33 | 57.01 | 33.7 | 23.86 | 25.38 | 22.23 | -0.22 | 21.43 | -29.41 | 13.11 | 59.68 | 33.78 | 0.07 | -3.95 | -1.27 |
| 23Q4 (17) | 24.76 | 19.9 | -2.37 | 30.54 | -18.41 | -6.23 | 0 | 0 | -100.0 | 0 | 0 | 0 | 74.9 | -10.45 | 26.48 | 0.34 | -91.58 | -50.72 | 56.9 | -21.61 | 23.64 | 19.28 | -25.78 | 17.61 | 48.2 | 44.18 | 25.1 | 0 | 0 | 0 | 5.59 | 0 | 459.0 | 0.05 | 0.0 | -28.57 | 21.24 | 0.0 | 1.72 | 10.37 | 0.0 | 8.7 | 0.16 | 0.0 | 0 | 8.49 | 4.17 | 2.29 | 19.03 | 1.82 | 6.67 | -0.28 | -1300.0 | -75.0 | 8.21 | 0.98 | 0.86 | 0.07 | 1.96 | 2.76 |
| 23Q3 (16) | 20.65 | -15.95 | 2.94 | 37.43 | 29.02 | 8.18 | 0 | 0 | -100.0 | 0 | 0 | 0 | 83.64 | 24.11 | 40.34 | 4.04 | 67.63 | 104.04 | 72.59 | 37.59 | 28.02 | 25.98 | 25.75 | 39.08 | 33.43 | -4.97 | -28.14 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.05 | -16.67 | -28.57 | 21.24 | 0.0 | 2.56 | 10.37 | 0.0 | 8.7 | 0.16 | 0.0 | 0 | 8.15 | 98.3 | 7.66 | 18.69 | 27.66 | 9.23 | -0.02 | -125.0 | -133.33 | 8.13 | 94.03 | 6.55 | 0.07 | -0.07 | 1.5 |
| 23Q2 (15) | 24.57 | -4.4 | 30.28 | 29.01 | -8.72 | -2.13 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 67.39 | -2.63 | -12.74 | 2.41 | 43.45 | -3.6 | 52.76 | -2.04 | -21.71 | 20.66 | 1.73 | 0.59 | 35.18 | -1.57 | -12.64 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0.06 | 0.0 | -25.0 | 21.24 | 0.09 | 5.99 | 10.37 | 8.7 | 8.7 | 0.16 | 0 | 0 | 4.11 | -58.78 | -26.48 | 14.64 | -25.0 | -3.3 | 0.08 | 147.06 | 100.0 | 4.19 | -57.24 | -25.58 | 0.07 | 0.89 | -0.28 |
| 23Q1 (14) | 25.7 | 1.34 | 38.69 | 31.78 | -2.43 | 5.34 | 0.15 | -85.98 | 0 | 0 | 0 | 0 | 69.21 | 16.87 | -18.27 | 1.68 | 143.48 | -44.55 | 53.86 | 17.04 | -26.74 | 20.30 | 23.86 | -8.6 | 35.74 | -7.24 | 0.14 | 0 | 0 | 0 | 1.0 | 0.0 | -75.37 | 0.06 | -14.29 | -33.33 | 21.22 | 1.63 | 7.17 | 9.54 | 0.0 | 9.4 | 0 | 0 | 0 | 9.97 | 20.12 | -11.38 | 19.52 | 9.42 | -2.25 | -0.17 | -6.25 | -312.5 | 9.8 | 20.39 | -13.5 | 0.07 | -0.03 | -3.09 |
| 22Q4 (13) | 25.36 | 26.42 | 28.28 | 32.57 | -5.87 | 23.09 | 1.07 | -30.52 | 0 | 0 | 0 | 0 | 59.22 | -0.64 | -27.85 | 0.69 | -65.15 | -53.69 | 46.02 | -18.84 | -33.91 | 16.39 | -12.23 | -23.56 | 38.53 | -17.18 | 10.4 | 0 | 0 | 0 | 1.0 | 0.0 | -81.45 | 0.07 | 0.0 | -30.0 | 20.88 | 0.82 | 7.96 | 9.54 | 0.0 | 9.4 | 0 | 0 | 0 | 8.3 | 9.64 | 0.97 | 17.84 | 4.27 | 5.31 | -0.16 | -366.67 | -633.33 | 8.14 | 6.68 | -1.33 | 0.07 | 0.7 | -6.43 |
| 22Q3 (12) | 20.06 | 6.36 | -4.25 | 34.6 | 16.73 | 16.77 | 1.54 | -53.89 | 0 | 0 | 0 | 0 | 59.6 | -22.83 | -29.21 | 1.98 | -20.8 | -18.18 | 56.7 | -15.86 | -16.46 | 18.68 | -9.05 | -13.58 | 46.52 | 15.52 | 65.73 | 0 | 0 | 0 | 1.0 | 0.0 | -84.18 | 0.07 | -12.5 | -30.0 | 20.71 | 3.34 | 8.89 | 9.54 | 0.0 | 9.4 | 0 | 0 | 0 | 7.57 | 35.42 | 12.82 | 17.11 | 13.01 | 10.82 | 0.06 | 50.0 | 0.0 | 7.63 | 35.52 | 12.7 | 0.07 | -1.81 | -7.84 |
| 22Q2 (11) | 18.86 | 1.78 | -28.15 | 29.64 | -1.76 | 27.43 | 3.34 | 0 | 0 | 0 | 0 | 0 | 77.23 | -8.8 | -3.44 | 2.5 | -17.49 | 36.61 | 67.39 | -8.34 | 4.99 | 20.53 | -7.57 | -2.92 | 40.27 | 12.83 | 71.0 | 0 | 0 | 0 | 1.0 | -75.37 | -88.29 | 0.08 | -11.11 | 14.29 | 20.04 | 1.21 | 9.57 | 9.54 | 9.4 | 16.48 | 0 | 0 | -100.0 | 5.59 | -50.31 | -41.28 | 15.14 | -24.19 | -15.18 | 0.04 | -50.0 | -77.78 | 5.63 | -50.31 | -41.96 | 0.07 | -1.96 | -1.92 |
| 22Q1 (10) | 18.53 | -6.27 | -23.62 | 30.17 | 14.02 | 35.11 | 0 | 0 | 0 | 0 | 0 | 0 | 84.68 | 3.17 | 7.94 | 3.03 | 103.36 | 37.73 | 73.52 | 5.59 | 25.96 | 22.22 | 3.6 | 10.31 | 35.69 | 2.26 | 72.17 | 0 | 0 | -100.0 | 4.06 | -24.68 | -58.14 | 0.09 | -10.0 | 28.57 | 19.8 | 2.38 | 10.55 | 8.72 | 0.0 | 6.47 | 0 | 0 | -100.0 | 11.25 | 36.86 | 46.87 | 19.97 | 17.89 | 24.81 | 0.08 | 166.67 | -68.0 | 11.33 | 37.33 | 43.24 | 0.07 | -3.48 | -18.95 |
| 21Q4 (9) | 19.77 | -5.63 | -9.27 | 26.46 | -10.7 | 10.02 | 0 | 0 | 0 | 0 | 0 | 0 | 82.08 | -2.51 | 14.91 | 1.49 | -38.43 | 46.08 | 69.63 | 2.59 | 24.7 | 21.44 | -0.77 | 2.58 | 34.9 | 24.33 | 49.15 | 0 | 0 | -100.0 | 5.39 | -14.72 | -44.26 | 0.1 | 0.0 | 42.86 | 19.34 | 1.68 | 7.98 | 8.72 | 0.0 | 6.47 | 0 | 0 | -100.0 | 8.22 | 22.5 | 51.66 | 16.94 | 9.72 | 23.11 | 0.03 | -50.0 | -57.14 | 8.25 | 21.86 | 50.27 | 0.07 | -0.81 | -17.08 |
| 21Q3 (8) | 20.95 | -20.19 | 5.01 | 29.63 | 27.39 | 8.65 | 0 | 0 | 0 | 0 | 0 | 0 | 84.19 | 5.26 | 14.36 | 2.42 | 32.24 | 83.33 | 67.87 | 5.73 | 19.36 | 21.61 | 2.17 | -2.75 | 28.07 | 19.19 | 9.05 | 0 | 0 | -100.0 | 6.32 | -26.0 | -34.64 | 0.1 | 42.86 | 25.0 | 19.02 | 3.99 | 6.26 | 8.72 | 6.47 | 6.47 | 0 | -100.0 | -100.0 | 6.71 | -29.52 | 52.5 | 15.44 | -13.5 | 21.29 | 0.06 | -66.67 | -53.85 | 6.77 | -30.21 | 49.45 | 0.07 | 4.48 | -16.11 |
| 21Q2 (7) | 26.25 | 8.2 | 18.94 | 23.26 | 4.16 | -2.64 | 0 | 0 | -100.0 | 0 | 0 | 0 | 79.98 | 1.95 | 20.58 | 1.83 | -16.82 | 12.96 | 64.19 | 9.97 | 18.02 | 21.15 | 5.02 | 0 | 23.55 | 13.6 | -17.34 | 0 | -100.0 | -100.0 | 8.54 | -11.96 | -11.41 | 0.07 | 0.0 | -22.22 | 18.29 | 2.12 | 2.18 | 8.19 | 0.0 | 0.0 | 0.15 | 0.0 | 0.0 | 9.52 | 24.28 | 211.11 | 17.85 | 11.56 | 56.72 | 0.18 | -28.0 | 200.0 | 9.7 | 22.63 | 210.9 | 0.07 | -18.98 | -18.17 |
| 21Q1 (6) | 24.26 | 11.34 | 24.35 | 22.33 | -7.15 | -20.65 | 0 | 0 | -100.0 | 0 | 0 | 0 | 78.45 | 9.83 | 40.77 | 2.2 | 115.69 | 56.03 | 58.37 | 4.53 | 28.71 | 20.14 | -3.66 | 0 | 20.73 | -11.41 | -28.44 | 0.01 | 0.0 | -80.0 | 9.7 | 0.31 | 0 | 0.07 | 0.0 | -30.0 | 17.91 | 0.0 | 0.06 | 8.19 | 0.0 | 6.09 | 0.15 | 0.0 | 200.0 | 7.66 | 41.33 | 25.78 | 16.0 | 16.28 | 15.52 | 0.25 | 257.14 | 247.06 | 7.91 | 44.08 | 33.61 | 0.09 | -1.25 | -3.33 |
| 20Q4 (5) | 21.79 | 9.22 | 34.09 | 24.05 | -11.81 | -11.32 | 0 | 0 | -100.0 | 0 | 0 | 0 | 71.43 | -2.97 | 18.67 | 1.02 | -22.73 | 92.45 | 55.84 | -1.79 | 17.61 | 20.91 | -5.93 | 0 | 23.4 | -9.09 | -14.03 | 0.01 | -75.0 | -80.0 | 9.67 | 0.0 | 0 | 0.07 | -12.5 | -36.36 | 17.91 | 0.06 | 0.06 | 8.19 | 0.0 | 6.09 | 0.15 | 0.0 | 200.0 | 5.42 | 23.18 | 15.81 | 13.76 | 8.09 | 10.52 | 0.07 | -46.15 | 146.67 | 5.49 | 21.19 | 21.19 | 0.09 | 0.35 | -1.1 |
| 20Q3 (4) | 19.95 | -9.61 | 0.0 | 27.27 | 14.15 | 0.0 | 0 | -100.0 | 0.0 | 0 | 0 | 0.0 | 73.62 | 10.99 | 0.0 | 1.32 | -18.52 | 0.0 | 56.86 | 4.54 | 0.0 | 22.22 | 0 | 0.0 | 25.74 | -9.65 | 0.0 | 0.04 | 0.0 | 0.0 | 9.67 | 0.31 | 0.0 | 0.08 | -11.11 | 0.0 | 17.9 | 0.0 | 0.0 | 8.19 | 0.0 | 0.0 | 0.15 | 0.0 | 0.0 | 4.4 | 43.79 | 0.0 | 12.73 | 11.76 | 0.0 | 0.13 | 116.67 | 0.0 | 4.53 | 45.19 | 0.0 | 0.09 | 1.92 | 0.0 |
