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) | 6.48 | 227.27 | 48.29 | 1.47 | 10.0 | 42.86 | 0 | 0 | 26.0 | 349.83 | 1.93 | 0 | 4.68 | 940.0 | 18.00 | 131.2 | 71.49 | 2.33 | 0 | 0 | 2.0 | -80.0 | 0.01 | 0.0 | 11.9 | -22.73 | 1.68 | 0.0 | 0 | 0 | -1.44 | 0 | 0.24 | 0 | 0 | 0 | -1.44 | 0 | 0.00 | 0 |
| 2022 (9) | 1.98 | -70.58 | 47.59 | 0.08 | 7.0 | 0 | 0 | 0 | 5.78 | -81.86 | -9.78 | 0 | 0.45 | -94.64 | 7.79 | -70.44 | 69.86 | 32.86 | 0 | 0 | 10.0 | -41.14 | 0.01 | 0.0 | 15.4 | 0.0 | 1.68 | 4.35 | 0.01 | 0 | -9.38 | 0 | -7.69 | 0 | 0 | 0 | -9.38 | 0 | 0.00 | 0 |
| 2021 (8) | 6.73 | -22.2 | 47.55 | 8.86 | 0 | 0 | 0 | 0 | 31.86 | -0.16 | 0.68 | -81.27 | 8.39 | 1152.24 | 26.33 | 1154.2 | 52.58 | 0.27 | 0 | 0 | 16.99 | 0.06 | 0.01 | 0.0 | 15.4 | 0.0 | 1.61 | 28.8 | 0 | 0 | 0.86 | -76.31 | 2.47 | -49.28 | -0.01 | 0 | 0.85 | -76.58 | 0.00 | 0 |
| 2020 (7) | 8.65 | 47.11 | 43.68 | 20.53 | 0 | 0 | 0 | 0 | 31.91 | 96.61 | 3.63 | 81.5 | 0.67 | 81.08 | 2.10 | -7.9 | 52.44 | -1.72 | 0 | 0 | 16.98 | 30.82 | 0.01 | 0 | 15.4 | 0.0 | 1.25 | 9.65 | 0 | 0 | 3.63 | 224.11 | 4.87 | 116.44 | 0 | 0 | 3.63 | 224.11 | 0.00 | 0 |
| 2019 (6) | 5.88 | -26.87 | 36.24 | -16.5 | 4.0 | -60.0 | 0 | 0 | 16.23 | -31.84 | 2.0 | 83.49 | 0.37 | -92.24 | 2.28 | -88.62 | 53.36 | -2.79 | 0 | 0 | 12.98 | 85.69 | 0 | 0 | 15.4 | 0.0 | 1.14 | 21.28 | 0 | 0 | 1.12 | 2.75 | 2.25 | 10.84 | 0 | 0 | 1.12 | 2.75 | 0.00 | 0 |
| 2018 (5) | 8.04 | 17.54 | 43.4 | 29.21 | 10.0 | 234.45 | 0 | 0 | 23.81 | 38.51 | 1.09 | -15.5 | 4.77 | -2.05 | 20.03 | -29.29 | 54.89 | -0.11 | 0 | 0 | 6.99 | -50.04 | 0 | 0 | 15.4 | 0.0 | 0.94 | 16.05 | 0 | 0 | 1.09 | -14.84 | 2.03 | -2.87 | 0 | 0 | 1.09 | -14.84 | 0.00 | 0 |
| 2017 (4) | 6.84 | 16.92 | 33.59 | 11.04 | 2.99 | 0 | 0 | 0 | 17.19 | 32.84 | 1.29 | 658.82 | 4.87 | 245.39 | 28.33 | 160.0 | 54.95 | 2.69 | 0 | 0 | 13.99 | 7.95 | 0 | 0 | 15.4 | -12.45 | 0.81 | 2.53 | 0 | 0 | 1.28 | 652.94 | 2.09 | 115.46 | 0 | 0 | 1.28 | 652.94 | 0.00 | 0 |
| 2016 (3) | 5.85 | 77.81 | 30.25 | 2.79 | 0 | 0 | 0 | 0 | 12.94 | 6.33 | 0.17 | -26.09 | 1.41 | -32.86 | 10.90 | -36.85 | 53.51 | -0.07 | 0 | 0 | 12.96 | 337.84 | 0.02 | -33.33 | 17.59 | 0.0 | 0.79 | 2.6 | 0.01 | 0.0 | 0.17 | -26.09 | 0.97 | -3.96 | 0 | 0 | 0.17 | -26.09 | 0.00 | 0 |
| 2015 (2) | 3.29 | -24.02 | 29.43 | -10.03 | 4.55 | 0 | 0 | 0 | 12.17 | -46.65 | 0.23 | -95.5 | 2.1 | -72.04 | 17.26 | -47.59 | 53.55 | 6.63 | 0 | 0 | 2.96 | -42.3 | 0.03 | -25.0 | 17.59 | 17.19 | 0.77 | 108.11 | 0.01 | 0.0 | 0.23 | -94.29 | 1.01 | -77.1 | 0 | 0 | 0.23 | -94.28 | 0.00 | 0 |
| 2014 (1) | 4.33 | -36.79 | 32.71 | 63.22 | 0 | 0 | 0 | 0 | 22.81 | 20.18 | 5.11 | 36.63 | 7.51 | 193.36 | 32.92 | 144.1 | 50.22 | 45.1 | 0 | 0 | 5.13 | 95.06 | 0.04 | -20.0 | 15.01 | -4.76 | 0.37 | 208.33 | 0.01 | 0 | 4.03 | 63.16 | 4.41 | 70.27 | -0.01 | 0 | 4.02 | 63.41 | 0.00 | 0 |
| 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) | 6.49 | -14.15 | 78.79 | 58.45 | 6.64 | 20.79 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 7.06 | -26.07 | -25.84 | -0.2 | -110.75 | -147.62 | 0.31 | -42.59 | -92.72 | 1.20 | -37.13 | -94.28 | 87.78 | 9.62 | 24.07 | 0 | 0 | 0 | 12.98 | 85.69 | 0 | 0.02 | 0.0 | 100.0 | 11.9 | 0.0 | 26.6 | 0.24 | 0.0 | -85.71 | 0 | 0 | 0 | 1.89 | -10.0 | 225.17 | 2.13 | -8.97 | 1152.94 | 0.01 | 0 | 0 | 1.9 | -9.52 | 225.83 | 0.00 | 0 | 0 |
| 24Q2 (19) | 7.56 | 67.63 | 140.0 | 54.81 | 6.78 | 6.74 | 3.0 | -50.0 | -76.92 | 0 | 0 | 0 | 9.55 | 532.45 | 11.7 | 1.86 | 708.7 | 31.91 | 0.54 | -80.92 | -91.41 | 1.91 | -81.59 | -96.43 | 80.08 | 2.13 | 10.2 | 0 | 0 | 0 | 6.99 | 40.08 | 0 | 0.02 | 100.0 | 100.0 | 11.9 | 0.0 | 26.6 | 0.24 | -85.71 | -85.71 | 0 | 0 | 0 | 2.1 | 273.55 | 209.38 | 2.34 | 387.5 | 1075.0 | 0 | 0 | 0 | 2.1 | 273.55 | 209.38 | 0.00 | 0 | 0 |
| 24Q1 (18) | 4.51 | -30.4 | 40.06 | 51.33 | 6.3 | 6.21 | 6.0 | -40.0 | -45.45 | 0 | 0 | 0 | 1.51 | -80.42 | 586.36 | 0.23 | 228.57 | 475.0 | 2.83 | -39.53 | 607.5 | 10.37 | -42.39 | 42.07 | 78.41 | 9.68 | 8.3 | 0 | 0 | 0 | 4.99 | 149.5 | -16.83 | 0.01 | 0.0 | 0.0 | 11.9 | 0.0 | -22.73 | 1.68 | 0.0 | 0.0 | 0 | 0 | -100.0 | -1.21 | 15.97 | 87.04 | 0.48 | 100.0 | 106.27 | 0 | 0 | 0 | -1.21 | 15.97 | 87.04 | 0.00 | 0 | 0 |
| 23Q4 (17) | 6.48 | 78.51 | 227.27 | 48.29 | -0.21 | 1.47 | 10.0 | -23.08 | 42.86 | 0 | 0 | 0 | 7.71 | -19.01 | 283.58 | 0.07 | -83.33 | 105.98 | 4.68 | 9.86 | 940.0 | 18.00 | -14.23 | 130.8 | 71.49 | 1.05 | 2.33 | 0 | 0 | 0 | 2.0 | 0 | -80.0 | 0.01 | 0.0 | 0.0 | 11.9 | 26.6 | -22.73 | 1.68 | 0.0 | 0.0 | 0 | 0 | -100.0 | -1.44 | 4.64 | 84.65 | 0.24 | 41.18 | 103.12 | 0 | 0 | 0 | -1.44 | 4.64 | 84.65 | 0.00 | 0 | 0 |
| 23Q3 (16) | 3.63 | 15.24 | 39.62 | 48.39 | -5.76 | 17.28 | 13.0 | 0.0 | 225.0 | 0 | 0 | 0 | 9.52 | 11.35 | 871.43 | 0.42 | -70.21 | 137.17 | 4.26 | -32.27 | 787.5 | 20.99 | -60.77 | 637.54 | 70.75 | -2.64 | 17.88 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.01 | 0.0 | 0.0 | 9.4 | 0.0 | -38.96 | 1.68 | 0.0 | 0.0 | 0 | 0 | -100.0 | -1.51 | 21.35 | 81.61 | 0.17 | 170.83 | 102.61 | 0 | 0 | 0 | -1.51 | 21.35 | 81.61 | 0.00 | 0 | 0 |
| 23Q2 (15) | 3.15 | -2.17 | -10.76 | 51.35 | 6.25 | 23.38 | 13.0 | 18.18 | 225.0 | 0 | 0 | 0 | 8.55 | 3786.36 | 276.65 | 1.41 | 3425.0 | 130.85 | 6.29 | 1472.5 | 461.61 | 53.49 | 632.76 | 787.3 | 72.67 | 0.37 | 28.76 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0.01 | 0.0 | 0.0 | 9.4 | -38.96 | -38.96 | 1.68 | 0.0 | 0.0 | 0 | -100.0 | -100.0 | -1.92 | 79.44 | 72.88 | -0.24 | 96.86 | 95.55 | 0 | 0 | 100.0 | -1.92 | 79.44 | 72.92 | 0.00 | 0 | 0 |
| 23Q1 (14) | 3.22 | 62.63 | -50.61 | 48.33 | 1.55 | 6.22 | 11.0 | 57.14 | 0 | 0 | 0 | 0 | 0.22 | -89.05 | -56.86 | 0.04 | 103.42 | 101.37 | 0.4 | -11.11 | -83.19 | 7.30 | -6.41 | -9.5 | 72.4 | 3.64 | 33.68 | 0 | 0 | 0 | 6.0 | -40.0 | -64.69 | 0.01 | 0.0 | 0.0 | 15.4 | 0.0 | 0.0 | 1.68 | 0.0 | 4.35 | 0.01 | 0.0 | 0 | -9.34 | 0.43 | -284.36 | -7.65 | 0.52 | -832.93 | 0 | 0 | 100.0 | -9.34 | 0.43 | -282.79 | 0.00 | 0 | 0 |
| 22Q4 (13) | 1.98 | -23.85 | -70.58 | 47.59 | 15.34 | 0.08 | 7.0 | 75.0 | 0 | 0 | 0 | 0 | 2.01 | 105.1 | -84.67 | -1.17 | -3.54 | -144.15 | 0.45 | -6.25 | -94.64 | 7.80 | 174.1 | -70.38 | 69.86 | 16.39 | 32.86 | 0 | 0 | 0 | 10.0 | -23.02 | -41.14 | 0.01 | 0.0 | 0.0 | 15.4 | 0.0 | 0.0 | 1.68 | 0.0 | 4.35 | 0.01 | 0.0 | 0 | -9.38 | -14.25 | -1190.7 | -7.69 | -17.94 | -411.34 | 0 | 0 | 100.0 | -9.38 | -14.25 | -1203.53 | 0.00 | 0 | 0 |
| 22Q3 (12) | 2.6 | -26.35 | -43.97 | 41.26 | -0.86 | -5.71 | 4.0 | 0.0 | 0 | 0 | 0 | 0 | 0.98 | -56.83 | -63.57 | -1.13 | 75.27 | 56.2 | 0.48 | -57.14 | 0.0 | 2.85 | -52.8 | 97.04 | 60.02 | 6.34 | 9.03 | 0 | 0 | 0 | 12.99 | 0.0 | -23.54 | 0.01 | 0.0 | 0.0 | 15.4 | 0.0 | 0.0 | 1.68 | 0.0 | 4.35 | 0.01 | 0.0 | 0 | -8.21 | -15.96 | -358.66 | -6.52 | -20.96 | -3522.22 | 0 | 100.0 | 100.0 | -8.21 | -15.8 | -356.11 | 0.00 | 0 | 0 |
| 22Q2 (11) | 3.53 | -45.86 | -38.07 | 41.62 | -8.53 | -12.65 | 4.0 | 0 | 0 | 0 | 0 | 0 | 2.27 | 345.1 | -82.8 | -4.57 | -57.04 | -631.4 | 1.12 | -52.94 | -87.44 | 6.03 | -25.26 | -75.76 | 56.44 | 4.21 | 2.08 | 0 | 0 | 0 | 12.99 | -23.54 | -23.54 | 0.01 | 0.0 | 0.0 | 15.4 | 0.0 | 0.0 | 1.68 | 4.35 | 4.35 | 0.01 | 0 | 0 | -7.08 | -191.36 | -996.2 | -5.39 | -557.32 | -324.58 | -0.01 | 0.0 | 0 | -7.09 | -190.57 | -997.47 | 0.00 | 0 | 0 |
| 22Q1 (10) | 6.52 | -3.12 | 10.7 | 45.5 | -4.31 | -10.22 | 0 | 0 | 0 | 0 | 0 | 0 | 0.51 | -96.11 | -82.17 | -2.91 | -209.81 | -1019.23 | 2.38 | -71.63 | 183.33 | 8.07 | -69.37 | 183.53 | 54.16 | 3.0 | -12.39 | 0 | 0 | 0 | 16.99 | 0.0 | 0.06 | 0.01 | 0.0 | 0.0 | 15.4 | 0.0 | 0.0 | 1.61 | 0.0 | 0.0 | 0 | 0 | 0 | -2.43 | -382.56 | -3371.43 | -0.82 | -133.2 | -153.25 | -0.01 | 0.0 | 0 | -2.44 | -387.06 | -3385.71 | 0.00 | 0 | 0 |
| 21Q4 (9) | 6.73 | 45.04 | -22.2 | 47.55 | 8.66 | 8.86 | 0 | 0 | 0 | 0 | 0 | 0 | 13.11 | 387.36 | -9.52 | 2.65 | 202.71 | -19.94 | 8.39 | 1647.92 | 1152.24 | 26.33 | 1723.63 | 1154.2 | 52.58 | -4.49 | 0.27 | 0 | 0 | 0 | 16.99 | 0.0 | 0.06 | 0.01 | 0.0 | 0.0 | 15.4 | 0.0 | 0.0 | 1.61 | 0.0 | 28.8 | 0 | 0 | 0 | 0.86 | 148.04 | -76.31 | 2.47 | 1472.22 | -49.28 | -0.01 | 0.0 | 0 | 0.85 | 147.22 | -76.58 | 0.00 | 0 | 0 |
| 21Q3 (8) | 4.64 | -18.6 | -17.73 | 43.76 | -8.16 | -5.85 | 0 | 0 | 0 | 0 | 0 | 0 | 2.69 | -79.62 | -49.44 | -2.58 | -400.0 | -338.89 | 0.48 | -94.62 | 65.52 | 1.44 | -94.19 | 11.79 | 55.05 | -0.43 | -9.32 | 0 | 0 | 0 | 16.99 | 0.0 | 0.06 | 0.01 | 0.0 | 0.0 | 15.4 | 0.0 | 0.0 | 1.61 | 0.0 | 28.8 | 0 | 0 | 0 | -1.79 | -326.58 | -677.42 | -0.18 | -107.5 | -111.54 | -0.01 | 0 | 0 | -1.8 | -327.85 | -680.65 | 0.00 | 0 | 0 |
| 21Q2 (7) | 5.7 | -3.23 | 4.2 | 47.65 | -5.98 | -2.56 | 0 | 0 | 0 | 0 | 0 | 0 | 13.2 | 361.54 | 92.42 | 0.86 | 430.77 | -58.45 | 8.92 | 961.9 | 643.33 | 24.87 | 774.21 | 0 | 55.29 | -10.56 | -6.65 | 0 | 0 | 0 | 16.99 | 0.06 | 0.06 | 0.01 | 0.0 | 0 | 15.4 | 0.0 | 0.0 | 1.61 | 0.0 | 28.8 | 0 | 0 | 0 | 0.79 | 1228.57 | 202.6 | 2.4 | 55.84 | 400.0 | 0 | 0 | 0 | 0.79 | 1228.57 | 202.6 | 0.00 | 0 | 0 |
| 21Q1 (6) | 5.89 | -31.91 | 57.49 | 50.68 | 16.03 | 15.37 | 0 | 0 | -100.0 | 0 | 0 | 0 | 2.86 | -80.26 | -45.42 | -0.26 | -107.85 | 90.85 | 0.84 | 25.37 | -11.58 | 2.84 | 35.48 | 0 | 61.82 | 17.89 | 13.45 | 0 | 0 | 0 | 16.98 | 0.0 | 30.82 | 0.01 | 0.0 | 0 | 15.4 | 0.0 | 0.0 | 1.61 | 28.8 | 28.8 | 0 | 0 | 0 | -0.07 | -101.93 | 97.54 | 1.54 | -68.38 | 196.86 | 0 | 0 | 0 | -0.07 | -101.93 | 97.54 | 0.00 | 0 | 0 |
| 20Q4 (5) | 8.65 | 53.37 | 47.11 | 43.68 | -6.02 | 20.53 | 0 | 0 | -100.0 | 0 | 0 | 0 | 14.49 | 172.37 | 188.07 | 3.31 | 206.48 | 198.2 | 0.67 | 131.03 | 81.08 | 2.10 | 62.54 | 0 | 52.44 | -13.62 | -1.72 | 0 | 0 | 0 | 16.98 | 0.0 | 30.82 | 0.01 | 0.0 | 0 | 15.4 | 0.0 | 0.0 | 1.25 | 0.0 | 9.65 | 0 | 0 | 0 | 3.63 | 1070.97 | 224.11 | 4.87 | 212.18 | 116.44 | 0 | 0 | 0 | 3.63 | 1070.97 | 224.11 | 0.00 | 0 | 0 |
| 20Q3 (4) | 5.64 | 3.11 | 0.0 | 46.48 | -4.95 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 5.32 | -22.45 | 0.0 | 1.08 | -47.83 | 0.0 | 0.29 | -75.83 | 0.0 | 1.29 | 0 | 0.0 | 60.71 | 2.5 | 0.0 | 0 | 0 | 0.0 | 16.98 | 0.0 | 0.0 | 0.01 | 0 | 0.0 | 15.4 | 0.0 | 0.0 | 1.25 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0.31 | 140.26 | 0.0 | 1.56 | 225.0 | 0.0 | 0 | 0 | 0.0 | 0.31 | 140.26 | 0.0 | 0.00 | 0 | 0.0 |
