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) | 13.72 | -34.67 | 22.72 | 12.25 | 3.69 | -69.4 | 0 | 0 | 98.38 | -15.71 | -4.4 | 0 | 19.86 | -6.85 | 20.19 | 10.51 | 28.67 | -8.11 | 0 | 0 | 7.96 | 101.52 | 5.65 | 33.89 | 14.65 | 1.6 | 3.14 | 34.19 | 4.14 | 0.0 | 0.05 | -99.48 | 7.33 | -54.44 | -1.3 | 0 | -1.25 | 0 | 0.00 | 27.2 |
| 2022 (9) | 21.0 | 198.72 | 20.24 | -30.64 | 12.06 | 460.93 | 0 | 0 | 116.71 | -6.23 | 8.04 | 704.0 | 21.32 | -19.94 | 18.27 | -14.62 | 31.2 | -23.02 | 0 | 0 | 3.95 | -82.7 | 4.22 | -1.4 | 14.42 | 9.24 | 2.34 | 4.93 | 4.14 | 22.12 | 9.61 | 273.93 | 16.09 | 96.22 | -1.1 | 0 | 8.51 | 0 | 0.00 | -34.87 |
| 2021 (8) | 7.03 | -16.21 | 29.18 | 23.8 | 2.15 | -23.49 | 0 | 0 | 124.47 | 8.84 | 1.0 | -67.21 | 26.63 | 6.48 | 21.39 | -2.17 | 40.53 | 42.96 | 0 | 0 | 22.83 | 88.99 | 4.28 | -4.04 | 13.2 | 0.38 | 2.23 | 15.54 | 3.39 | 72.96 | 2.57 | -44.13 | 8.2 | -3.42 | -4.14 | 0 | -1.57 | 0 | 0.00 | -25.9 |
| 2020 (7) | 8.39 | -41.45 | 23.57 | 25.31 | 2.81 | -76.8 | 0 | 0 | 114.36 | -1.18 | 3.05 | 77.33 | 25.01 | 25.43 | 21.87 | 26.93 | 28.35 | 24.18 | 0 | 0 | 12.08 | 14.83 | 4.46 | -11.16 | 13.15 | 5.54 | 1.93 | 9.66 | 1.96 | 15.29 | 4.6 | 50.82 | 8.49 | 30.41 | -3.39 | 0 | 1.21 | 11.01 | 0.00 | -9.38 |
| 2019 (6) | 14.33 | 21.65 | 18.81 | 10.06 | 12.11 | 502.49 | 0 | 0 | 115.73 | -1.86 | 1.72 | -51.27 | 19.94 | -12.39 | 17.23 | -10.73 | 22.83 | -1.08 | 0 | 0 | 10.52 | -45.32 | 5.02 | -7.89 | 12.46 | 0.0 | 1.76 | 25.71 | 1.7 | 0.0 | 3.05 | -27.03 | 6.51 | -10.7 | -1.96 | 0 | 1.09 | -66.25 | 0.00 | 25.32 |
| 2018 (5) | 11.78 | 19.11 | 17.09 | -25.53 | 2.01 | -65.16 | 0 | 0 | 117.92 | -0.22 | 3.53 | -13.9 | 22.76 | -5.48 | 19.30 | -5.27 | 23.08 | 4.77 | 0 | 0 | 19.24 | 82.37 | 5.45 | -2.68 | 12.46 | 0.0 | 1.4 | 41.41 | 1.7 | 142.86 | 4.18 | -14.87 | 7.29 | 10.29 | -0.95 | 0 | 3.23 | 0.62 | 0.00 | 13.3 |
| 2017 (4) | 9.89 | 6.57 | 22.95 | 7.09 | 5.77 | 253.99 | 0 | 0 | 118.18 | 60.14 | 4.1 | 1.99 | 24.08 | 1.99 | 20.38 | -36.31 | 22.03 | 23.97 | 0 | 0 | 10.55 | 15.93 | 5.6 | -11.11 | 12.46 | 0.0 | 0.99 | 67.8 | 0.7 | 0.0 | 4.91 | 20.64 | 6.61 | 23.32 | -1.7 | 0 | 3.21 | -30.67 | 0.00 | 2.48 |
| 2016 (3) | 9.28 | 37.48 | 21.43 | 60.4 | 1.63 | 10.88 | 0 | 0 | 73.8 | 9.63 | 4.02 | 466.2 | 23.61 | 11.53 | 31.99 | 1.73 | 17.77 | 100.11 | 0 | 0 | 9.1 | 29.63 | 6.3 | 303.85 | 12.46 | -5.96 | 0.59 | 13.46 | 0.7 | -26.32 | 4.07 | 184.62 | 5.36 | 84.83 | 0.56 | -54.47 | 4.63 | 74.06 | 0.00 | -31.14 |
| 2015 (2) | 6.75 | 11.57 | 13.36 | 4.87 | 1.47 | -46.74 | 0 | 0 | 67.32 | 2.15 | 0.71 | -55.62 | 21.17 | 2.57 | 31.45 | 0.4 | 8.88 | 6.47 | 0 | 0 | 7.02 | 16.61 | 1.56 | 4.0 | 13.25 | 3.27 | 0.52 | 44.44 | 0.95 | 0.0 | 1.43 | -14.88 | 2.9 | -3.01 | 1.23 | 200.0 | 2.66 | 27.27 | 0.00 | 12.47 |
| 2014 (1) | 6.05 | 15.24 | 12.74 | 8.7 | 2.76 | 38.0 | 0 | 0 | 65.9 | 14.29 | 1.6 | 1677.78 | 20.64 | 30.8 | 31.32 | 14.44 | 8.34 | -6.19 | 0 | 0 | 6.02 | -31.9 | 1.5 | 4.9 | 12.83 | 15.79 | 0.36 | 0.0 | 0.95 | 0.0 | 1.68 | 4100.0 | 2.99 | 121.48 | 0.41 | 0 | 2.09 | 0 | 0.00 | -4.84 |
| 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) | 11.72 | -2.66 | -10.26 | 29.06 | 15.0 | 12.16 | 7.33 | 95.47 | 16.91 | 0 | 0 | 0 | 30.28 | 22.79 | 13.96 | 1.65 | 139.13 | 534.21 | 29.21 | 25.69 | 4.88 | 28.60 | 21.12 | 0.31 | 21.62 | -2.13 | -31.56 | 0 | 0 | 0 | 4.31 | -43.14 | -22.62 | 6.2 | -0.16 | 11.71 | 14.65 | 0.0 | 1.1 | 3.14 | 0.0 | 0.0 | 2.97 | 0.0 | -28.26 | 0.92 | 226.03 | -67.94 | 7.03 | 30.43 | -30.81 | -0.19 | -125.68 | -129.69 | 0.73 | 7200.0 | -79.2 | 0.00 | -2.26 | 11.1 |
| 24Q2 (19) | 12.04 | -9.81 | -21.61 | 25.27 | 4.81 | 10.78 | 3.75 | 0.54 | -45.41 | 0 | 0 | 0 | 24.66 | 10.38 | -9.57 | 0.69 | 147.26 | -37.84 | 23.24 | 8.7 | -8.29 | 23.61 | 11.58 | -4.18 | 22.09 | -7.73 | -32.36 | 0 | 0 | 0 | 7.58 | -1.69 | 46.9 | 6.21 | 2.81 | 28.04 | 14.65 | 0.0 | 1.1 | 3.14 | 0.0 | 0.0 | 2.97 | -28.26 | -28.26 | -0.73 | 48.59 | -122.46 | 5.39 | -8.18 | -48.86 | 0.74 | 428.57 | 185.06 | 0.01 | 100.78 | -99.58 | 0.00 | -0.42 | 9.99 |
| 24Q1 (18) | 13.35 | -2.7 | -17.8 | 24.11 | 6.12 | 24.41 | 3.73 | 1.08 | -60.9 | 0 | 0 | 0 | 22.34 | -10.1 | 13.52 | -1.46 | 48.04 | 36.8 | 21.38 | 7.65 | 18.51 | 21.16 | 4.82 | 25.72 | 23.94 | -16.5 | -17.45 | 0 | 0 | 0 | 7.71 | -3.14 | 117.8 | 6.04 | 6.9 | 36.34 | 14.65 | 0.0 | 1.1 | 3.14 | 0.0 | 34.19 | 4.14 | 0.0 | 0.0 | -1.42 | -2940.0 | -119.45 | 5.87 | -19.92 | -57.4 | 0.14 | 110.77 | 110.14 | -1.28 | -2.4 | -121.62 | 0.00 | 0.1 | 19.42 |
| 23Q4 (17) | 13.72 | 5.05 | -34.67 | 22.72 | -12.31 | 12.25 | 3.69 | -41.15 | -69.4 | 0 | 0 | 0 | 24.85 | -6.47 | 2.86 | -2.81 | -639.47 | 33.25 | 19.86 | -28.69 | -6.85 | 20.19 | -29.19 | 10.51 | 28.67 | -9.24 | -8.11 | 0 | 0 | 0 | 7.96 | 42.91 | 101.52 | 5.65 | 1.8 | 33.89 | 14.65 | 1.1 | 1.6 | 3.14 | 0.0 | 34.19 | 4.14 | 0.0 | 0.0 | 0.05 | -98.26 | -99.48 | 7.33 | -27.85 | -54.44 | -1.3 | -303.12 | -18.18 | -1.25 | -135.61 | -114.69 | 0.00 | 14.04 | 27.2 |
| 23Q3 (16) | 13.06 | -14.97 | -16.55 | 25.91 | 13.59 | 6.41 | 6.27 | -8.73 | -25.53 | 0 | 0 | 0 | 26.57 | -2.57 | -16.24 | -0.38 | -134.23 | -103.29 | 27.85 | 9.91 | -11.76 | 28.51 | 15.7 | 15.03 | 31.59 | -3.28 | -24.88 | 0 | 0 | 0 | 5.57 | 7.95 | -48.71 | 5.55 | 14.43 | 7.14 | 14.49 | 0.0 | 0.69 | 3.14 | 0.0 | 34.19 | 4.14 | 0.0 | 0.0 | 2.87 | -11.69 | -79.2 | 10.16 | -3.61 | -49.9 | 0.64 | 173.56 | 3.23 | 3.51 | 47.48 | -75.66 | 0.00 | -3.24 | 28.24 |
| 23Q2 (15) | 15.36 | -5.42 | 67.5 | 22.81 | 17.7 | -27.03 | 6.87 | -27.99 | -32.65 | 0 | 0 | 0 | 27.27 | 38.57 | -13.73 | 1.11 | 148.05 | 24.72 | 25.34 | 40.47 | -9.56 | 24.64 | 46.39 | 13.44 | 32.66 | 12.62 | -22.55 | 0 | 0 | 0 | 5.16 | 45.76 | -68.25 | 4.85 | 9.48 | 3.85 | 14.49 | 0.0 | 9.77 | 3.14 | 34.19 | 34.19 | 4.14 | 0.0 | 0.0 | 3.25 | -55.48 | 45.09 | 10.54 | -23.51 | 20.87 | -0.87 | 36.96 | 57.77 | 2.38 | -59.8 | 1222.22 | 0.00 | 8.11 | -17.19 |
| 23Q1 (14) | 16.24 | -22.67 | 90.16 | 19.38 | -4.25 | -32.59 | 9.54 | -20.9 | -8.36 | 0 | 0 | 0 | 19.68 | -18.54 | -32.63 | -2.31 | 45.13 | -1115.79 | 18.04 | -15.38 | -30.27 | 16.83 | -7.86 | -17.26 | 29.0 | -7.05 | -25.66 | 0 | 0 | 0 | 3.54 | -10.38 | -79.31 | 4.43 | 4.98 | -1.34 | 14.49 | 0.49 | 9.77 | 2.34 | 0.0 | 4.93 | 4.14 | 0.0 | 22.12 | 7.3 | -24.04 | 206.72 | 13.78 | -14.36 | 72.25 | -1.38 | -25.45 | 54.0 | 5.92 | -30.43 | 1054.84 | 0.00 | 6.62 | -27.95 |
| 22Q4 (13) | 21.0 | 34.19 | 198.72 | 20.24 | -16.88 | -30.64 | 12.06 | 43.23 | 460.93 | 0 | 0 | 0 | 24.16 | -23.83 | -30.55 | -4.21 | -136.45 | -1654.17 | 21.32 | -32.45 | -19.94 | 18.27 | -26.29 | -14.61 | 31.2 | -25.8 | -23.02 | 0 | 0 | 0 | 3.95 | -63.63 | -82.7 | 4.22 | -18.53 | -1.4 | 14.42 | 0.21 | 9.24 | 2.34 | 0.0 | 4.93 | 4.14 | 0.0 | 22.12 | 9.61 | -30.36 | 273.93 | 16.09 | -20.66 | 96.22 | -1.1 | -277.42 | 73.43 | 8.51 | -40.98 | 642.04 | 0.00 | 14.97 | -34.87 |
| 22Q3 (12) | 15.65 | 70.67 | 150.4 | 24.35 | -22.1 | -11.03 | 8.42 | -17.45 | 258.3 | 0 | 0 | 0 | 31.72 | 0.35 | -4.97 | 11.55 | 1197.75 | 1891.38 | 31.56 | 12.63 | 29.45 | 24.79 | 14.1 | 20.8 | 42.05 | -0.28 | -9.59 | 0 | 0 | 0 | 10.86 | -33.17 | -48.82 | 5.18 | 10.92 | 19.08 | 14.39 | 9.02 | 9.02 | 2.34 | 0.0 | 4.93 | 4.14 | 0.0 | 22.12 | 13.8 | 516.07 | 394.62 | 20.28 | 132.57 | 140.86 | 0.62 | 130.1 | 115.2 | 14.42 | 7911.11 | 1217.83 | 0.00 | -37.52 | -42.72 |
| 22Q2 (11) | 9.17 | 7.38 | 33.09 | 31.26 | 8.73 | 21.21 | 10.2 | -2.02 | 60.63 | 0 | 0 | 0 | 31.61 | 8.22 | 6.15 | 0.89 | 568.42 | 39.06 | 28.02 | 8.31 | 30.26 | 21.72 | 6.77 | 21.08 | 42.17 | 8.1 | 9.62 | 0 | 0 | 0 | 16.25 | -5.03 | 21.63 | 4.67 | 4.01 | 4.94 | 13.2 | 0.0 | 0.0 | 2.34 | 4.93 | 21.24 | 4.14 | 22.12 | 111.22 | 2.24 | -5.88 | -43.29 | 8.72 | 9.0 | 11.22 | -2.06 | 31.33 | 49.39 | 0.18 | 129.03 | 250.0 | 0.00 | -5.93 | -25.27 |
| 22Q1 (10) | 8.54 | 21.48 | -13.56 | 28.75 | -1.47 | 22.08 | 10.41 | 384.19 | 118.24 | 0 | 0 | 0 | 29.21 | -16.04 | 10.14 | -0.19 | 20.83 | -733.33 | 25.87 | -2.85 | 23.37 | 20.34 | -4.91 | 15.11 | 39.01 | -3.75 | 25.39 | 0 | 0 | 0 | 17.11 | -25.05 | 44.27 | 4.49 | 4.91 | 0.67 | 13.2 | 0.0 | 0.0 | 2.23 | 0.0 | 15.54 | 3.39 | 0.0 | 72.96 | 2.38 | -7.39 | -48.6 | 8.0 | -2.44 | -6.1 | -3.0 | 27.54 | 10.71 | -0.62 | 60.51 | -148.82 | 0.00 | -3.61 | -16.1 |
| 21Q4 (9) | 7.03 | 12.48 | -16.21 | 29.18 | 6.61 | 23.8 | 2.15 | -8.51 | -23.49 | 0 | 0 | 0 | 34.79 | 4.22 | 19.39 | -0.24 | -141.38 | -175.0 | 26.63 | 9.23 | 6.48 | 21.39 | 4.27 | -2.17 | 40.53 | -12.86 | 42.96 | 0 | 0 | 0 | 22.83 | 7.59 | 88.99 | 4.28 | -1.61 | -4.04 | 13.2 | 0.0 | 0.38 | 2.23 | 0.0 | 15.54 | 3.39 | 0.0 | 72.96 | 2.57 | -7.89 | -44.13 | 8.2 | -2.61 | -3.42 | -4.14 | -1.47 | -22.12 | -1.57 | -21.71 | -229.75 | 0.00 | 1.1 | -25.9 |
| 21Q3 (8) | 6.25 | -9.29 | -45.89 | 27.37 | 6.13 | 8.7 | 2.35 | -62.99 | -45.6 | 0 | 0 | 0 | 33.38 | 12.09 | -3.11 | 0.58 | -9.38 | -64.85 | 24.38 | 13.34 | -14.58 | 20.52 | 14.36 | -19.46 | 46.51 | 20.9 | 103.1 | 0 | 0 | 0 | 21.22 | 58.83 | 79.37 | 4.35 | -2.25 | -6.25 | 13.2 | 0.0 | 0.76 | 2.23 | 15.54 | 15.54 | 3.39 | 72.96 | 72.96 | 2.79 | -29.37 | -34.97 | 8.42 | 7.4 | 2.93 | -4.08 | -0.25 | -40.21 | -1.29 | -975.0 | -193.48 | 0.00 | -18.49 | -14.33 |
| 21Q2 (7) | 6.89 | -30.26 | -59.52 | 25.79 | 9.51 | 16.86 | 6.35 | 33.12 | -27.76 | 0 | 0 | 0 | 29.78 | 12.29 | 4.34 | 0.64 | 2033.33 | -39.62 | 21.51 | 2.58 | 1.99 | 17.94 | 1.51 | 0 | 38.47 | 23.66 | 73.52 | 0 | 0 | 0 | 13.36 | 12.65 | 14.19 | 4.45 | -0.22 | -7.1 | 13.2 | 0.0 | 5.94 | 1.93 | 0.0 | 0 | 1.96 | 0.0 | 0 | 3.95 | -14.69 | 0 | 7.84 | -7.98 | 20.06 | -4.07 | -21.13 | -63.45 | -0.12 | -109.45 | 95.18 | 0.00 | 5.62 | -6.14 |
| 21Q1 (6) | 9.88 | 17.76 | -52.41 | 23.55 | -0.08 | 25.94 | 4.77 | 69.75 | -63.73 | 0 | 0 | 0 | 26.52 | -8.99 | 19.3 | 0.03 | -90.62 | 50.0 | 20.97 | -16.15 | 31.39 | 17.67 | -19.19 | 0 | 31.11 | 9.74 | 40.26 | 0 | 0 | 0 | 11.86 | -1.82 | -9.05 | 4.46 | 0.0 | -10.8 | 13.2 | 0.38 | 5.94 | 1.93 | 0.0 | 0 | 1.96 | 0.0 | 0 | 4.63 | 0.65 | 0 | 8.52 | 0.35 | 30.47 | -3.36 | 0.88 | -89.83 | 1.27 | 4.96 | 171.75 | 0.00 | -14.87 | -8.45 |
| 20Q4 (5) | 8.39 | -27.36 | -41.45 | 23.57 | -6.39 | 25.31 | 2.81 | -34.95 | -76.8 | 0 | 0 | 0 | 29.14 | -15.41 | 8.73 | 0.32 | -80.61 | 455.56 | 25.01 | -12.37 | 25.43 | 21.87 | -14.16 | 0 | 28.35 | 23.8 | 24.18 | 0 | 0 | 0 | 12.08 | 2.11 | 14.83 | 4.46 | -3.88 | -11.16 | 13.15 | 0.38 | 5.54 | 1.93 | 0.0 | 9.66 | 1.96 | 0.0 | 15.29 | 4.6 | 7.23 | 50.82 | 8.49 | 3.79 | 30.41 | -3.39 | -16.49 | -72.96 | 1.21 | -12.32 | 11.01 | 0.00 | 16.89 | -9.38 |
| 20Q3 (4) | 11.55 | -32.14 | 0.0 | 25.18 | 14.09 | 0.0 | 4.32 | -50.85 | 0.0 | 0 | 0 | 0.0 | 34.45 | 20.71 | 0.0 | 1.65 | 55.66 | 0.0 | 28.54 | 35.32 | 0.0 | 25.48 | 0 | 0.0 | 22.9 | 3.29 | 0.0 | 0 | 0 | 0.0 | 11.83 | 1.11 | 0.0 | 4.64 | -3.13 | 0.0 | 13.1 | 5.14 | 0.0 | 1.93 | 0 | 0.0 | 1.96 | 0 | 0.0 | 4.29 | 0 | 0.0 | 8.18 | 25.27 | 0.0 | -2.91 | -16.87 | 0.0 | 1.38 | 155.42 | 0.0 | 0.00 | -10.69 | 0.0 |
