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) | 4.75 | 6.26 | 0.97 | 64.41 | 4.22 | 462.67 | 0 | 0 | 26.97 | -24.69 | -0.5 | 0 | 6.87 | -31.3 | 25.47 | -8.78 | 5.33 | -19.73 | 0.28 | 0 | 0.57 | -88.03 | 0.09 | 0.0 | 17.43 | 0.06 | 4.14 | 1.72 | 1.69 | -10.58 | -0.33 | 0 | 5.5 | -17.91 | -1.58 | 0 | -1.91 | 0 | 0.00 | 0 |
| 2022 (9) | 4.47 | 120.2 | 0.59 | 321.43 | 0.75 | 63.04 | 0.01 | 0.0 | 35.81 | -0.91 | 0.65 | 0 | 10.0 | -2.34 | 27.93 | -1.44 | 6.64 | -16.37 | 0 | 0 | 4.76 | -13.14 | 0.09 | 0.0 | 17.42 | 0.06 | 4.07 | -7.5 | 1.89 | -2.07 | 0.73 | 0 | 6.7 | 12.42 | -1.37 | 0 | -0.64 | 0 | 0.00 | 0 |
| 2021 (8) | 2.03 | -23.97 | 0.14 | -96.66 | 0.46 | -28.12 | 0.01 | 0.0 | 36.14 | 21.32 | -1.5 | 0 | 10.24 | 25.8 | 28.33 | 3.7 | 7.94 | 17.46 | 0 | 0 | 5.48 | 99.27 | 0.09 | 0.0 | 17.41 | 6.74 | 4.4 | 0.0 | 1.93 | 7.82 | -0.37 | 0 | 5.96 | -20.0 | -1.89 | 0 | -2.26 | 0 | 0.00 | 0 |
| 2020 (7) | 2.67 | 4.3 | 4.19 | 9.4 | 0.64 | 28.0 | 0.01 | -66.67 | 29.79 | -12.18 | -2.17 | 0 | 8.14 | 14.97 | 27.32 | 30.91 | 6.76 | 5.96 | 0 | 0 | 2.75 | 316.67 | 0.09 | 0.0 | 16.31 | -0.06 | 4.4 | 0.0 | 1.79 | 0.0 | 1.27 | -63.08 | 7.45 | -22.64 | -1.93 | 0 | -0.66 | 0 | 0.00 | 0 |
| 2019 (6) | 2.56 | -40.19 | 3.83 | -8.81 | 0.5 | -26.47 | 0.03 | 50.0 | 33.92 | -3.58 | -1.14 | 0 | 7.08 | 3.66 | 20.87 | 7.51 | 6.38 | -16.49 | 0 | 0 | 0.66 | -26.67 | 0.09 | 0.0 | 16.32 | 0.06 | 4.4 | 0.0 | 1.79 | -13.11 | 3.44 | -20.74 | 9.63 | -10.75 | -1.76 | 0 | 1.68 | -50.3 | 0.00 | 0 |
| 2018 (5) | 4.28 | -5.73 | 4.2 | -28.81 | 0.68 | -46.46 | 0.02 | -33.33 | 35.18 | -3.75 | -0.73 | 0 | 6.83 | -6.57 | 19.41 | -2.93 | 7.64 | 10.89 | 0 | 0 | 0.9 | -40.79 | 0.09 | 0.0 | 16.31 | 0.06 | 4.4 | 0.0 | 2.06 | 0.0 | 4.34 | -14.73 | 10.79 | -6.5 | -0.96 | 0 | 3.38 | -18.94 | 0.02 | 1359.19 |
| 2017 (4) | 4.54 | -26.42 | 5.9 | -22.98 | 1.27 | 8.55 | 0.03 | 0.0 | 36.55 | -8.72 | -1.38 | 0 | 7.31 | -14.0 | 20.00 | -5.79 | 6.89 | -4.97 | 0 | 0 | 1.52 | -23.62 | 0.09 | 0.0 | 16.3 | 0.25 | 4.4 | 0.23 | 2.06 | 0.0 | 5.09 | -30.37 | 11.54 | -16.13 | -0.92 | 0 | 4.17 | -44.1 | 0.00 | -27.21 |
| 2016 (3) | 6.17 | 2.66 | 7.66 | -5.43 | 1.17 | -4.88 | 0.03 | 0.0 | 40.04 | -4.19 | 0.03 | 0 | 8.5 | 5.99 | 21.23 | 10.62 | 7.25 | -7.88 | 0 | 0 | 1.99 | -11.56 | 0.09 | 0.0 | 16.26 | 0.0 | 4.39 | 0.0 | 2.06 | 0.0 | 7.31 | 0.0 | 13.76 | 0.0 | 0.15 | -91.53 | 7.46 | -17.84 | 0.00 | -88.7 |
| 2015 (2) | 6.01 | -24.5 | 8.1 | -5.81 | 1.23 | -28.07 | 0.03 | -25.0 | 41.79 | -2.11 | -1.27 | 0 | 8.02 | 1.78 | 19.19 | 3.97 | 7.87 | 3.28 | 0 | 0 | 2.25 | -10.0 | 0.09 | 0.0 | 16.26 | 0.0 | 4.39 | 0.0 | 2.06 | 0.0 | 7.31 | -15.49 | 13.76 | -8.87 | 1.77 | -0.56 | 9.08 | -12.94 | 0.01 | -52.23 |
| 2014 (1) | 7.96 | -12.62 | 8.6 | 39.38 | 1.71 | 12.5 | 0.04 | -50.0 | 42.69 | -21.24 | -1.39 | 0 | 7.88 | -16.26 | 18.46 | 6.32 | 7.62 | 4.81 | 0 | 0 | 2.5 | -13.79 | 0.09 | 0.0 | 16.26 | 0.0 | 4.39 | 1.62 | 2.06 | 0.0 | 8.65 | -22.07 | 15.1 | -13.57 | 1.78 | 2866.67 | 10.43 | -6.54 | 0.03 | 7.47 |
| 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) | 4.57 | -30.86 | 34.41 | 2.67 | 175.26 | 175.26 | 0.62 | -85.27 | -85.31 | 0 | 0 | 0 | 5.26 | -15.02 | -24.96 | -0.62 | -416.67 | -1966.67 | 5.64 | -12.69 | -32.46 | 24.14 | -6.15 | -14.18 | 5.38 | 6.32 | -16.98 | 0.28 | 0.0 | 0.0 | 0.12 | -45.45 | -84.0 | 0.09 | 0.0 | 0.0 | 17.44 | 0.06 | 0.0 | 3.81 | 0.0 | -7.97 | 1.69 | 0.0 | 0.0 | -0.93 | -210.0 | -647.06 | 4.58 | -11.92 | -23.79 | -1.05 | -9.38 | -0.96 | -1.98 | -57.14 | -127.59 | 0.00 | 0 | 0 |
| 24Q2 (19) | 6.61 | 21.06 | 69.92 | 0.97 | -9.35 | -17.09 | 4.21 | 0.0 | 461.33 | 0 | 0 | -100.0 | 6.19 | 3.0 | -12.07 | -0.12 | 36.84 | -124.49 | 6.46 | -6.92 | -22.91 | 25.73 | -3.77 | -3.02 | 5.06 | -5.6 | -26.13 | 0.28 | 0.0 | 0 | 0.22 | -43.59 | -94.99 | 0.09 | 0.0 | 0.0 | 17.43 | 0.0 | -0.06 | 3.81 | -7.97 | -7.97 | 1.69 | 0.0 | 0.0 | -0.3 | 41.18 | -250.0 | 5.2 | -2.26 | -13.91 | -0.96 | 13.51 | 42.17 | -1.26 | 22.22 | 13.7 | 0.00 | 0 | 0 |
| 24Q1 (18) | 5.46 | 14.95 | 46.77 | 1.07 | 10.31 | 8.08 | 4.21 | -0.24 | 461.33 | 0 | 0 | -100.0 | 6.01 | 1.86 | -14.39 | -0.19 | 62.0 | 58.7 | 6.94 | 1.02 | -14.64 | 26.73 | 4.95 | 11.5 | 5.36 | 0.56 | -23.43 | 0.28 | 0.0 | 0 | 0.39 | -31.58 | -91.48 | 0.09 | 0.0 | 0.0 | 17.43 | 0.0 | 0.06 | 4.14 | 0.0 | 1.72 | 1.69 | 0.0 | -10.58 | -0.51 | -54.55 | -21.43 | 5.32 | -3.27 | -3.97 | -1.11 | 29.75 | 15.27 | -1.62 | 15.18 | 6.36 | 0.00 | 0 | 0 |
| 23Q4 (17) | 4.75 | 39.71 | 6.26 | 0.97 | 0.0 | 64.41 | 4.22 | 0.0 | 462.67 | 0 | 0 | -100.0 | 5.9 | -15.83 | -31.48 | -0.5 | -1566.67 | -377.78 | 6.87 | -17.72 | -31.3 | 25.47 | -9.46 | -8.76 | 5.33 | -17.75 | -19.73 | 0.28 | 0.0 | 0 | 0.57 | -24.0 | -88.03 | 0.09 | 0.0 | 0.0 | 17.43 | -0.06 | 0.06 | 4.14 | 0.0 | 1.72 | 1.69 | 0.0 | -10.58 | -0.33 | -294.12 | -145.21 | 5.5 | -8.49 | -17.91 | -1.58 | -51.92 | -15.33 | -1.91 | -119.54 | -198.44 | 0.00 | 0 | 0 |
| 23Q3 (16) | 3.4 | -12.6 | -8.85 | 0.97 | -17.09 | 22.78 | 4.22 | 462.67 | 462.67 | 0 | -100.0 | -100.0 | 7.01 | -0.43 | -21.41 | -0.03 | -106.12 | -108.57 | 8.35 | -0.36 | -19.79 | 28.13 | 6.05 | 1.75 | 6.48 | -5.4 | -9.75 | 0.28 | 0 | 0 | 0.75 | -82.92 | -84.79 | 0.09 | 0.0 | 0.0 | 17.44 | 0.0 | 0.11 | 4.14 | 0.0 | 1.72 | 1.69 | 0.0 | -10.58 | 0.17 | -15.0 | -63.83 | 6.01 | -0.5 | -6.68 | -1.04 | 37.35 | 7.96 | -0.87 | 40.41 | -31.82 | 0.00 | 0 | 0 |
| 23Q2 (15) | 3.89 | 4.57 | -17.06 | 1.17 | 18.18 | 98.31 | 0.75 | 0.0 | 10.29 | 0.01 | 0.0 | 0.0 | 7.04 | 0.28 | -24.79 | 0.49 | 206.52 | 345.45 | 8.38 | 3.08 | -10.28 | 26.53 | 10.64 | 7.19 | 6.85 | -2.14 | -8.54 | 0 | 0 | 0 | 4.39 | -4.15 | -14.09 | 0.09 | 0.0 | 0.0 | 17.44 | 0.11 | 0.11 | 4.14 | 1.72 | 1.72 | 1.69 | -10.58 | -10.58 | 0.2 | 147.62 | 66.67 | 6.04 | 9.03 | -0.66 | -1.66 | -26.72 | -10.67 | -1.46 | 15.61 | -5.8 | 0.00 | 0 | 0 |
| 23Q1 (14) | 3.72 | -16.78 | -2.36 | 0.99 | 67.8 | 607.14 | 0.75 | 0.0 | 33.93 | 0.01 | 0.0 | -50.0 | 7.02 | -18.47 | -21.39 | -0.46 | -355.56 | -4700.0 | 8.13 | -18.7 | -11.92 | 23.98 | -14.12 | -4.23 | 7.0 | 5.42 | -12.83 | 0 | 0 | 0 | 4.58 | -3.78 | -13.75 | 0.09 | 0.0 | 0.0 | 17.42 | 0.0 | 0.0 | 4.07 | 0.0 | -7.5 | 1.89 | 0.0 | -2.07 | -0.42 | -157.53 | -16.67 | 5.54 | -17.31 | -7.2 | -1.31 | 4.38 | 5.76 | -1.73 | -170.31 | 1.14 | 0.00 | 0 | 0 |
| 22Q4 (13) | 4.47 | 19.84 | 120.2 | 0.59 | -25.32 | 321.43 | 0.75 | 0.0 | 63.04 | 0.01 | -50.0 | 0.0 | 8.61 | -3.48 | -17.53 | 0.18 | -48.57 | 0.0 | 10.0 | -3.94 | -2.34 | 27.92 | 0.97 | -1.47 | 6.64 | -7.52 | -16.37 | 0 | 0 | 0 | 4.76 | -3.45 | -13.14 | 0.09 | 0.0 | 0.0 | 17.42 | 0.0 | 0.06 | 4.07 | 0.0 | -7.5 | 1.89 | 0.0 | -2.07 | 0.73 | 55.32 | 297.3 | 6.7 | 4.04 | 12.42 | -1.37 | -21.24 | 27.51 | -0.64 | 3.03 | 71.68 | 0.00 | 0 | 0 |
| 22Q3 (12) | 3.73 | -20.47 | -35.47 | 0.79 | 33.9 | -57.07 | 0.75 | 10.29 | 50.0 | 0.02 | 100.0 | 100.0 | 8.92 | -4.7 | -1.0 | 0.35 | 218.18 | 157.38 | 10.41 | 11.46 | 30.78 | 27.65 | 11.72 | 20.74 | 7.18 | -4.14 | -12.76 | 0 | 0 | 0 | 4.93 | -3.52 | -16.3 | 0.09 | 0.0 | 0.0 | 17.42 | 0.0 | 0.06 | 4.07 | 0.0 | -7.5 | 1.89 | 0.0 | -2.07 | 0.47 | 291.67 | 183.93 | 6.44 | 5.92 | 11.81 | -1.13 | 24.67 | 43.22 | -0.66 | 52.17 | 74.12 | 0.00 | 0 | 0 |
| 22Q2 (11) | 4.69 | 23.1 | 21.19 | 0.59 | 321.43 | -86.86 | 0.68 | 21.43 | 23.64 | 0.01 | -50.0 | 0.0 | 9.36 | 4.82 | 10.25 | 0.11 | 1000.0 | 116.42 | 9.34 | 1.19 | 19.13 | 24.75 | -1.14 | 9.13 | 7.49 | -6.72 | -5.79 | 0 | 0 | 0 | 5.11 | -3.77 | 95.79 | 0.09 | 0.0 | 0.0 | 17.42 | 0.0 | 6.81 | 4.07 | -7.5 | -7.5 | 1.89 | -2.07 | 5.59 | 0.12 | 133.33 | -36.84 | 6.08 | 1.84 | -4.55 | -1.5 | -7.91 | 28.57 | -1.38 | 21.14 | 27.75 | 0.00 | 0 | 0 |
| 22Q1 (10) | 3.81 | 87.68 | 19.06 | 0.14 | 0.0 | -96.74 | 0.56 | 21.74 | -8.2 | 0.02 | 100.0 | 0.0 | 8.93 | -14.46 | 8.9 | 0.01 | -94.44 | 102.44 | 9.23 | -9.86 | 21.45 | 25.03 | -11.65 | 6.06 | 8.03 | 1.13 | 9.85 | 0 | 0 | 0 | 5.31 | -3.1 | 94.51 | 0.09 | 0.0 | 0.0 | 17.42 | 0.06 | 6.81 | 4.4 | 0.0 | 0.0 | 1.93 | 0.0 | 7.82 | -0.36 | 2.7 | -141.86 | 5.97 | 0.17 | -15.32 | -1.39 | 26.46 | 18.24 | -1.75 | 22.57 | -108.33 | 0.00 | 0 | 0 |
| 21Q4 (9) | 2.03 | -64.88 | -23.97 | 0.14 | -92.39 | -96.66 | 0.46 | -8.0 | -28.12 | 0.01 | 0.0 | 0.0 | 10.44 | 15.87 | 15.23 | 0.18 | 129.51 | 123.08 | 10.24 | 28.64 | 25.8 | 28.33 | 23.73 | 3.7 | 7.94 | -3.52 | 17.46 | 0 | 0 | 0 | 5.48 | -6.96 | 99.27 | 0.09 | 0.0 | 0.0 | 17.41 | 0.0 | 6.74 | 4.4 | 0.0 | 0.0 | 1.93 | 0.0 | 7.82 | -0.37 | 33.93 | -129.13 | 5.96 | 3.47 | -20.0 | -1.89 | 5.03 | 2.07 | -2.26 | 11.37 | -242.42 | 0.00 | 0 | 0 |
| 21Q3 (8) | 5.78 | 49.35 | 66.09 | 1.84 | -59.02 | -56.09 | 0.5 | -9.09 | -24.24 | 0.01 | 0.0 | -50.0 | 9.01 | 6.12 | 2.15 | -0.61 | 8.96 | -24.49 | 7.96 | 1.53 | -6.02 | 22.90 | 0.98 | -21.08 | 8.23 | 3.52 | 28.19 | 0 | 0 | 0 | 5.89 | 125.67 | 141.39 | 0.09 | 0.0 | 0.0 | 17.41 | 6.74 | 6.74 | 4.4 | 0.0 | 0.0 | 1.93 | 7.82 | 7.82 | -0.56 | -394.74 | -127.18 | 5.76 | -9.58 | -30.1 | -1.99 | 5.24 | 7.44 | -2.55 | -33.51 | -2733.33 | 0.00 | 0 | 0 |
| 21Q2 (7) | 3.87 | 20.94 | -2.52 | 4.49 | 4.66 | 17.23 | 0.55 | -9.84 | -12.7 | 0.01 | -50.0 | -50.0 | 8.49 | 3.54 | 38.73 | -0.67 | -63.41 | -26.42 | 7.84 | 3.16 | 45.19 | 22.68 | -3.91 | 0 | 7.95 | 8.76 | 19.73 | 0 | 0 | 0 | 2.61 | -4.4 | 125.0 | 0.09 | 0.0 | 0.0 | 16.31 | 0.0 | 0.0 | 4.4 | 0.0 | 0.0 | 1.79 | 0.0 | 0.0 | 0.19 | -77.91 | -92.55 | 6.37 | -9.65 | -27.03 | -2.1 | -23.53 | 7.08 | -1.91 | -127.38 | -758.62 | 0.00 | 0 | 0 |
| 21Q1 (6) | 3.2 | 19.85 | 21.67 | 4.29 | 2.39 | 12.01 | 0.61 | -4.69 | 27.08 | 0.02 | 100.0 | 0.0 | 8.2 | -9.49 | 41.62 | -0.41 | 47.44 | -10.81 | 7.6 | -6.63 | 41.53 | 23.60 | -13.62 | 0 | 7.31 | 8.14 | 6.1 | 0 | 0 | 0 | 2.73 | -0.73 | 387.5 | 0.09 | 0.0 | 0.0 | 16.31 | 0.0 | -0.06 | 4.4 | 0.0 | 0.0 | 1.79 | 0.0 | 0.0 | 0.86 | -32.28 | -72.08 | 7.05 | -5.37 | -23.87 | -1.7 | 11.92 | 10.05 | -0.84 | -27.27 | -170.59 | 0.00 | 0 | 0 |
| 20Q4 (5) | 2.67 | -23.28 | 4.3 | 4.19 | 0.0 | 9.4 | 0.64 | -3.03 | 28.0 | 0.01 | -50.0 | -66.67 | 9.06 | 2.72 | 7.09 | -0.78 | -59.18 | -4000.0 | 8.14 | -3.9 | 14.97 | 27.32 | -5.83 | 0 | 6.76 | 5.3 | 5.96 | 0 | 0 | 0 | 2.75 | 12.7 | 316.67 | 0.09 | 0.0 | 0.0 | 16.31 | 0.0 | -0.06 | 4.4 | 0.0 | 0.0 | 1.79 | 0.0 | 0.0 | 1.27 | -38.35 | -63.08 | 7.45 | -9.59 | -22.64 | -1.93 | 10.23 | -9.66 | -0.66 | -633.33 | -139.29 | 0.00 | 0 | 0 |
| 20Q3 (4) | 3.48 | -12.34 | 0.0 | 4.19 | 9.4 | 0.0 | 0.66 | 4.76 | 0.0 | 0.02 | 0.0 | 0.0 | 8.82 | 44.12 | 0.0 | -0.49 | 7.55 | 0.0 | 8.47 | 56.85 | 0.0 | 29.02 | 0 | 0.0 | 6.42 | -3.31 | 0.0 | 0 | 0 | 0.0 | 2.44 | 110.34 | 0.0 | 0.09 | 0.0 | 0.0 | 16.31 | 0.0 | 0.0 | 4.4 | 0.0 | 0.0 | 1.79 | 0.0 | 0.0 | 2.06 | -19.22 | 0.0 | 8.24 | -5.61 | 0.0 | -2.15 | 4.87 | 0.0 | -0.09 | -131.03 | 0.0 | 0.00 | 0 | 0.0 |
