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) | 6.6 | -15.28 | 14.04 | -0.85 | 1.51 | 5.59 | 0 | 0 | 11.78 | -15.07 | 1.47 | -2.65 | 3.74 | -23.67 | 31.75 | -10.13 | 2.22 | 0.91 | 0.1 | 0 | 2.2 | 12.24 | 0.02 | 100.0 | 7.97 | 0.0 | 3.73 | 4.19 | 0.66 | -71.43 | 4.14 | 74.68 | 8.54 | 3.26 | 0.18 | 0 | 4.32 | 152.63 | 0.00 | -72.19 |
| 2022 (9) | 7.79 | 45.88 | 14.16 | -4.32 | 1.43 | -20.56 | 0 | 0 | 13.87 | -20.79 | 1.51 | -41.25 | 4.9 | -34.4 | 35.33 | -17.19 | 2.2 | -15.06 | 0 | 0 | 1.96 | -42.01 | 0.01 | -50.0 | 7.97 | -5.01 | 3.58 | 7.51 | 2.31 | 35.09 | 2.37 | -20.74 | 8.27 | 3.12 | -0.66 | 0 | 1.71 | 151.47 | 0.01 | 28.89 |
| 2021 (8) | 5.34 | 0.0 | 14.8 | 13.76 | 1.8 | 36.36 | 0 | 0 | 17.51 | 43.41 | 2.57 | 97.69 | 7.47 | 50.3 | 42.66 | 4.81 | 2.59 | 14.6 | 0.07 | 16.67 | 3.38 | 10.46 | 0.02 | 100.0 | 8.39 | 0.0 | 3.33 | 4.06 | 1.71 | 151.47 | 2.99 | 5.65 | 8.02 | 19.52 | -2.31 | 0 | 0.68 | -39.29 | 0.01 | -57.16 |
| 2020 (7) | 5.34 | -41.06 | 13.01 | 16.26 | 1.32 | -13.16 | 0 | 0 | 12.21 | 13.27 | 1.3 | 11.11 | 4.97 | 26.79 | 40.70 | 11.94 | 2.26 | -8.87 | 0.06 | 100.0 | 3.06 | -30.14 | 0.01 | 0.0 | 8.39 | -0.12 | 3.2 | 3.9 | 0.68 | 142.86 | 2.83 | -7.52 | 6.71 | 4.52 | -1.71 | 0 | 1.12 | -52.94 | 0.02 | -2.05 |
| 2019 (6) | 9.06 | 4.62 | 11.19 | -7.21 | 1.52 | 12.59 | 0 | 0 | 10.78 | -51.24 | 1.17 | -65.18 | 3.92 | -52.54 | 36.36 | -2.66 | 2.48 | -32.61 | 0.03 | 50.0 | 4.38 | 338.0 | 0.01 | 0.0 | 8.4 | 0.0 | 3.08 | 12.41 | 0.28 | -30.0 | 3.06 | -26.79 | 6.42 | -12.41 | -0.68 | 0 | 2.38 | -38.97 | 0.02 | -1.61 |
| 2018 (5) | 8.66 | -9.98 | 12.06 | 1.43 | 1.35 | -47.06 | 0.1 | 0.0 | 22.11 | -3.32 | 3.36 | 46.09 | 8.26 | 1.85 | 37.36 | 5.35 | 3.68 | 10.18 | 0.02 | 0.0 | 1.0 | 63.93 | 0.01 | 0.0 | 8.4 | 0.0 | 2.74 | 9.16 | 0.4 | 0 | 4.18 | 62.02 | 7.33 | 43.73 | -0.28 | 0 | 3.9 | 78.9 | 0.02 | -16.36 |
| 2017 (4) | 9.62 | 33.98 | 11.89 | 18.9 | 2.55 | -25.44 | 0.1 | 66.67 | 22.87 | 14.06 | 2.3 | 35.29 | 8.11 | -21.03 | 35.46 | -30.77 | 3.34 | 4.7 | 0.02 | -50.0 | 0.61 | -65.54 | 0.01 | -50.0 | 8.4 | 0.0 | 2.51 | 7.26 | 0 | 0 | 2.58 | 49.13 | 5.1 | 25.31 | -0.4 | 0 | 2.18 | -1.36 | 0.02 | -6.55 |
| 2016 (3) | 7.18 | -40.76 | 10.0 | 20.48 | 3.42 | 23.91 | 0.06 | 0 | 20.05 | 0.45 | 1.7 | -23.42 | 10.27 | 27.1 | 51.22 | 26.53 | 3.19 | 5.63 | 0.04 | 33.33 | 1.77 | 88.3 | 0.02 | -50.0 | 8.4 | 0.0 | 2.34 | 10.38 | 0 | 0 | 1.73 | -26.38 | 4.07 | -8.95 | 0.48 | -55.56 | 2.21 | -35.57 | 0.02 | -3.81 |
| 2015 (2) | 12.12 | 45.15 | 8.3 | -18.95 | 2.76 | 31.43 | 0 | 0 | 19.96 | 2.83 | 2.22 | 30.59 | 8.08 | -15.75 | 40.48 | -18.07 | 3.02 | -27.4 | 0.03 | 0.0 | 0.94 | -6.0 | 0.04 | -93.1 | 8.4 | 0.0 | 2.12 | 8.72 | 0 | 0 | 2.35 | 25.0 | 4.47 | 16.41 | 1.08 | 4.85 | 3.43 | 17.87 | 0.02 | -8.95 |
| 2014 (1) | 8.35 | -17.24 | 10.24 | -0.97 | 2.1 | -32.04 | 0 | 0 | 19.41 | 1.46 | 1.7 | 2025.0 | 9.59 | 14.99 | 49.41 | 13.33 | 4.16 | 17.18 | 0.03 | -40.0 | 1.0 | -38.65 | 0.58 | -52.46 | 8.4 | 0.0 | 1.95 | 0.0 | 0 | 0 | 1.88 | 0 | 3.84 | 42.75 | 1.03 | 586.67 | 2.91 | 0 | 0.03 | -11.44 |
| 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) | 7.22 | 8.57 | 12.99 | 17.04 | 11.15 | 10.01 | 1.24 | 5.08 | -0.8 | 0 | 0 | 0 | 2.93 | -17.93 | -12.01 | 0.11 | -71.05 | -75.0 | 3.34 | -7.22 | -19.13 | 25.00 | -4.44 | -32.38 | 2.43 | 4.74 | -6.54 | 0.41 | -16.33 | 355.56 | 1.73 | -5.46 | -7.98 | 0.01 | -50.0 | -50.0 | 7.97 | 0.0 | 0.0 | 3.88 | 0.0 | 4.02 | 0 | 0 | -100.0 | 4.53 | 2.49 | 18.28 | 8.41 | 1.45 | 2.31 | 1.52 | -18.28 | 31.03 | 6.05 | -3.66 | 21.24 | 0.00 | 1.25 | -41.62 |
| 24Q2 (19) | 6.65 | 5.06 | -2.06 | 15.33 | 7.58 | 12.39 | 1.18 | -9.92 | -4.84 | 0 | 0 | 0 | 3.57 | 25.26 | 60.09 | 0.38 | -51.9 | 65.22 | 3.6 | 4.05 | -11.98 | 26.16 | -6.09 | -27.2 | 2.32 | -0.85 | -10.08 | 0.49 | 390.0 | 444.44 | 1.83 | -8.5 | -16.44 | 0.02 | 0.0 | 0.0 | 7.97 | 0.0 | 0.0 | 3.88 | 4.02 | 4.02 | 0 | -100.0 | -100.0 | 4.42 | 25.57 | 30.38 | 8.29 | 4.8 | 6.56 | 1.86 | 13.41 | 644.0 | 6.28 | 21.71 | 72.53 | 0.00 | -27.31 | -83.18 |
| 24Q1 (18) | 6.33 | -4.09 | -5.94 | 14.25 | 1.5 | 8.12 | 1.31 | -13.25 | -8.39 | 0 | 0 | 0 | 2.85 | -28.93 | 28.96 | 0.79 | 154.84 | 64.58 | 3.46 | -7.49 | -11.51 | 27.86 | -12.25 | -8.66 | 2.34 | 5.41 | 0.0 | 0.1 | 0.0 | 0.0 | 2.0 | -9.09 | -20.0 | 0.02 | 0.0 | 0.0 | 7.97 | 0.0 | 0.0 | 3.73 | 0.0 | 4.19 | 0.66 | 0.0 | -71.43 | 3.52 | -14.98 | 112.05 | 7.91 | -7.38 | 4.63 | 1.64 | 811.11 | 646.67 | 5.16 | 19.44 | 279.41 | 0.00 | -23.52 | -77.89 |
| 23Q4 (17) | 6.6 | 3.29 | -15.28 | 14.04 | -9.36 | -0.85 | 1.51 | 20.8 | 5.59 | 0 | 0 | 0 | 4.01 | 20.42 | 17.94 | 0.31 | -29.55 | 542.86 | 3.74 | -9.44 | -23.67 | 31.75 | -14.13 | -10.2 | 2.22 | -14.62 | 0.91 | 0.1 | 11.11 | 0 | 2.2 | 17.02 | 12.24 | 0.02 | 0.0 | 100.0 | 7.97 | 0.0 | 0.0 | 3.73 | 0.0 | 4.19 | 0.66 | 0.0 | -71.43 | 4.14 | 8.09 | 74.68 | 8.54 | 3.89 | 3.26 | 0.18 | -84.48 | 127.27 | 4.32 | -13.43 | 152.63 | 0.00 | 3.71 | -72.19 |
| 23Q3 (16) | 6.39 | -5.89 | -19.22 | 15.49 | 13.56 | 6.39 | 1.25 | 0.81 | -22.36 | 0 | 0 | 0 | 3.33 | 49.33 | -5.93 | 0.44 | 91.3 | -21.43 | 4.13 | 0.98 | -28.79 | 36.97 | 2.88 | -2.15 | 2.6 | 0.78 | 10.17 | 0.09 | 0.0 | 0 | 1.88 | -14.16 | -15.32 | 0.02 | 0.0 | 100.0 | 7.97 | 0.0 | 0.0 | 3.73 | 0.0 | 4.19 | 0.66 | 0.0 | -71.43 | 3.83 | 12.98 | 56.33 | 8.22 | 5.66 | -1.44 | 1.16 | 364.0 | 604.35 | 4.99 | 37.09 | 124.77 | 0.00 | -70.82 | -72.38 |
| 23Q2 (15) | 6.79 | 0.89 | -1.16 | 13.64 | 3.49 | 1.19 | 1.24 | -13.29 | -31.11 | 0 | 0 | 0 | 2.23 | 0.9 | -39.24 | 0.23 | -52.08 | -59.65 | 4.09 | 4.6 | -30.91 | 35.94 | 17.84 | 1.2 | 2.58 | 10.26 | 3.61 | 0.09 | -10.0 | 0 | 2.19 | -12.4 | -11.69 | 0.02 | 0.0 | 0.0 | 7.97 | 0.0 | -5.01 | 3.73 | 4.19 | 4.19 | 0.66 | -71.43 | -71.43 | 3.39 | 104.22 | 79.37 | 7.78 | 2.91 | 0.0 | 0.25 | 183.33 | 120.33 | 3.64 | 167.65 | 451.52 | 0.01 | -4.46 | -11.54 |
| 23Q1 (14) | 6.73 | -13.61 | 6.32 | 13.18 | -6.92 | -15.78 | 1.43 | 0.0 | -20.56 | 0 | 0 | 0 | 2.21 | -35.0 | -32.0 | 0.48 | 785.71 | 6.67 | 3.91 | -20.2 | -40.58 | 30.50 | -13.73 | -19.58 | 2.34 | 6.36 | -10.34 | 0.1 | 0 | 42.86 | 2.5 | 27.55 | -14.68 | 0.02 | 100.0 | 0.0 | 7.97 | 0.0 | -5.01 | 3.58 | 0.0 | 7.51 | 2.31 | 0.0 | 35.09 | 1.66 | -29.96 | -51.74 | 7.56 | -8.59 | -10.74 | -0.3 | 54.55 | 82.56 | 1.36 | -20.47 | -20.93 | 0.01 | -3.8 | 32.38 |
| 22Q4 (13) | 7.79 | -1.52 | 45.88 | 14.16 | -2.75 | -4.32 | 1.43 | -11.18 | -20.56 | 0 | 0 | 0 | 3.4 | -3.95 | -30.47 | -0.07 | -112.5 | -110.14 | 4.9 | -15.52 | -34.4 | 35.35 | -6.44 | -17.04 | 2.2 | -6.78 | -15.06 | 0 | 0 | -100.0 | 1.96 | -11.71 | -42.01 | 0.01 | 0.0 | -50.0 | 7.97 | 0.0 | -5.01 | 3.58 | 0.0 | 7.51 | 2.31 | 0.0 | 35.09 | 2.37 | -3.27 | -20.74 | 8.27 | -0.84 | 3.12 | -0.66 | -186.96 | 71.43 | 1.71 | -22.97 | 151.47 | 0.01 | 2.99 | 28.89 |
| 22Q3 (12) | 7.91 | 15.14 | 90.14 | 14.56 | 8.01 | -3.58 | 1.61 | -10.56 | -10.56 | 0 | 0 | 0 | 3.54 | -3.54 | -27.16 | 0.56 | -1.75 | -31.71 | 5.8 | -2.03 | -19.22 | 37.79 | 6.4 | -16.54 | 2.36 | -5.22 | -20.27 | 0 | 0 | -100.0 | 2.22 | -10.48 | -42.04 | 0.01 | -50.0 | -50.0 | 7.97 | -5.01 | -5.01 | 3.58 | 0.0 | 7.51 | 2.31 | 0.0 | 35.09 | 2.45 | 29.63 | 6.52 | 8.34 | 7.2 | 13.78 | -0.23 | 81.3 | 90.57 | 2.22 | 236.36 | 1685.71 | 0.01 | -6.54 | 18.54 |
| 22Q2 (11) | 6.87 | 8.53 | 50.99 | 13.48 | -13.87 | -5.73 | 1.8 | 0.0 | -13.04 | 0 | 0 | 0 | 3.67 | 12.92 | -15.63 | 0.57 | 26.67 | -20.83 | 5.92 | -10.03 | -4.82 | 35.51 | -6.36 | -20.58 | 2.49 | -4.6 | -7.09 | 0 | -100.0 | -100.0 | 2.48 | -15.36 | -21.27 | 0.02 | 0.0 | 0.0 | 8.39 | 0.0 | 0.0 | 3.58 | 7.51 | 11.88 | 2.31 | 35.09 | 239.71 | 1.89 | -45.06 | -51.41 | 7.78 | -8.15 | 0.26 | -1.23 | 28.49 | 48.75 | 0.66 | -61.63 | -55.7 | 0.01 | 42.96 | 30.97 |
| 22Q1 (10) | 6.33 | 18.54 | 29.18 | 15.65 | 5.74 | 10.84 | 1.8 | 0.0 | 36.36 | 0 | 0 | 0 | 3.25 | -33.54 | -5.25 | 0.45 | -34.78 | 32.35 | 6.58 | -11.91 | 24.39 | 37.93 | -11.0 | -5.94 | 2.61 | 0.77 | -5.09 | 0.07 | 0.0 | 40.0 | 2.93 | -13.31 | 7.33 | 0.02 | 0.0 | 0.0 | 8.39 | 0.0 | 0.0 | 3.33 | 0.0 | 4.06 | 1.71 | 0.0 | 151.47 | 3.44 | 15.05 | 8.52 | 8.47 | 5.61 | 20.14 | -1.72 | 25.54 | 5.49 | 1.72 | 152.94 | 27.41 | 0.01 | -6.33 | 981.3 |
| 21Q4 (9) | 5.34 | 28.37 | 0.0 | 14.8 | -1.99 | 13.76 | 1.8 | 0.0 | 36.36 | 0 | 0 | 0 | 4.89 | 0.62 | 51.86 | 0.69 | -15.85 | 283.33 | 7.47 | 4.04 | 50.3 | 42.61 | -5.87 | 4.69 | 2.59 | -12.5 | 14.6 | 0.07 | -12.5 | 16.67 | 3.38 | -11.75 | 10.46 | 0.02 | 0.0 | 100.0 | 8.39 | 0.0 | 0.0 | 3.33 | 0.0 | 4.06 | 1.71 | 0.0 | 151.47 | 2.99 | 30.0 | 5.65 | 8.02 | 9.41 | 19.52 | -2.31 | 5.33 | -35.09 | 0.68 | 585.71 | -39.29 | 0.01 | -5.28 | -57.16 |
| 21Q3 (8) | 4.16 | -8.57 | -37.72 | 15.1 | 5.59 | 7.78 | 1.8 | -13.04 | 45.16 | 0 | 0 | 0 | 4.86 | 11.72 | 67.01 | 0.82 | 13.89 | 272.73 | 7.18 | 15.43 | 45.05 | 45.27 | 1.24 | 3.62 | 2.96 | 10.45 | 23.33 | 0.08 | 0.0 | 100.0 | 3.83 | 21.59 | 12.98 | 0.02 | 0.0 | 100.0 | 8.39 | 0.0 | 0.0 | 3.33 | 4.06 | 4.06 | 1.71 | 151.47 | 151.47 | 2.3 | -40.87 | -13.53 | 7.33 | -5.54 | 12.08 | -2.44 | -1.67 | -56.41 | -0.14 | -109.4 | -112.73 | 0.01 | 3.26 | -51.25 |
| 21Q2 (7) | 4.55 | -7.14 | -46.66 | 14.3 | 1.27 | 14.95 | 2.07 | 56.82 | 31.01 | 0 | 0 | 0 | 4.35 | 26.82 | 22.19 | 0.72 | 111.76 | 12.5 | 6.22 | 17.58 | 30.13 | 44.72 | 10.9 | 0 | 2.68 | -2.55 | 0.75 | 0.08 | 60.0 | 166.67 | 3.15 | 15.38 | -15.32 | 0.02 | 0.0 | 100.0 | 8.39 | 0.0 | -0.12 | 3.2 | 0.0 | 0.0 | 0.68 | 0.0 | 0.0 | 3.89 | 22.71 | 59.43 | 7.76 | 10.07 | 22.98 | -2.4 | -31.87 | -71.43 | 1.49 | 10.37 | 43.27 | 0.01 | 1080.25 | -54.82 |
| 21Q1 (6) | 4.9 | -8.24 | -36.03 | 14.12 | 8.53 | 13.05 | 1.32 | 0.0 | -26.67 | 0 | 0 | 0 | 3.43 | 6.52 | 36.11 | 0.34 | 88.89 | 30.77 | 5.29 | 6.44 | 34.26 | 40.32 | -0.94 | 0 | 2.75 | 21.68 | 8.27 | 0.05 | -16.67 | 66.67 | 2.73 | -10.78 | -28.16 | 0.02 | 100.0 | 100.0 | 8.39 | 0.0 | -0.12 | 3.2 | 0.0 | 3.9 | 0.68 | 0.0 | 142.86 | 3.17 | 12.01 | -4.52 | 7.05 | 5.07 | 5.54 | -1.82 | -6.43 | -52.94 | 1.35 | 20.54 | -36.62 | 0.00 | -96.29 | -96.16 |
| 20Q4 (5) | 5.34 | -20.06 | -41.06 | 13.01 | -7.14 | 16.26 | 1.32 | 6.45 | -13.16 | 0 | 0 | 0 | 3.22 | 10.65 | 37.61 | 0.18 | -18.18 | -66.04 | 4.97 | 0.4 | 26.79 | 40.70 | -6.83 | 0 | 2.26 | -5.83 | -8.87 | 0.06 | 50.0 | 100.0 | 3.06 | -9.73 | -30.14 | 0.01 | 0.0 | 0.0 | 8.39 | 0.0 | -0.12 | 3.2 | 0.0 | 3.9 | 0.68 | 0.0 | 142.86 | 2.83 | 6.39 | -7.52 | 6.71 | 2.6 | 4.52 | -1.71 | -9.62 | -151.47 | 1.12 | 1.82 | -52.94 | 0.02 | 7.78 | -2.05 |
| 20Q3 (4) | 6.68 | -21.69 | 0.0 | 14.01 | 12.62 | 0.0 | 1.24 | -21.52 | 0.0 | 0 | 0 | 0.0 | 2.91 | -18.26 | 0.0 | 0.22 | -65.62 | 0.0 | 4.95 | 3.56 | 0.0 | 43.69 | 0 | 0.0 | 2.4 | -9.77 | 0.0 | 0.04 | 33.33 | 0.0 | 3.39 | -8.87 | 0.0 | 0.01 | 0.0 | 0.0 | 8.39 | -0.12 | 0.0 | 3.2 | 0.0 | 0.0 | 0.68 | 0.0 | 0.0 | 2.66 | 9.02 | 0.0 | 6.54 | 3.65 | 0.0 | -1.56 | -11.43 | 0.0 | 1.1 | 5.77 | 0.0 | 0.02 | -4.3 | 0.0 |
