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) | 28.88 | 2.45 | 0 | 0 | 2.46 | 0 | 0 | 0 | 107.59 | -9.57 | 6.06 | -1.14 | 25.43 | -31.21 | 23.64 | -23.93 | 16.76 | -8.42 | 0 | 0 | 3.68 | -50.07 | 0.33 | 3.12 | 8.63 | 0.0 | 9.2 | 7.1 | 0.74 | -63.18 | 35.59 | 19.51 | 45.54 | 12.78 | -2.14 | 0 | 33.45 | 15.19 | 0.00 | 0 |
| 2022 (9) | 28.19 | 62.2 | 7.5 | 276.88 | 0 | 0 | 0 | 0 | 118.98 | 8.05 | 6.13 | 75.14 | 36.97 | -5.5 | 31.07 | -12.53 | 18.3 | 0.22 | 0 | 0 | 7.37 | 10.99 | 0.32 | 6.67 | 8.63 | 0.0 | 8.59 | 4.25 | 2.01 | -11.45 | 29.78 | 22.96 | 40.38 | 16.23 | -0.74 | 0 | 29.04 | 30.75 | 0.00 | 0 |
| 2021 (8) | 17.38 | -2.08 | 1.99 | -36.42 | 0 | 0 | 0 | 0 | 110.12 | 20.71 | 3.5 | -55.24 | 39.12 | 20.96 | 35.52 | 0.21 | 18.26 | 51.66 | 0 | 0 | 6.64 | 0 | 0.3 | 3.45 | 8.63 | 0.0 | 8.24 | 10.46 | 2.27 | 2.25 | 24.22 | 6.41 | 34.74 | 7.06 | -2.01 | 0 | 22.21 | 8.39 | 0.00 | 0 |
| 2020 (7) | 17.75 | 20.67 | 3.13 | 0 | 0 | 0 | 0 | 0 | 91.23 | 6.25 | 7.82 | 11.4 | 32.34 | 14.19 | 35.45 | 7.47 | 12.04 | 20.64 | 0 | 0 | 0 | 0 | 0.29 | 141.67 | 8.63 | 0.0 | 7.46 | 10.36 | 2.22 | 20.0 | 22.76 | 12.4 | 32.45 | 12.44 | -2.27 | 0 | 20.49 | 13.64 | 0.00 | 0 |
| 2019 (6) | 14.71 | 1.03 | 0 | 0 | 0 | 0 | 0 | 0 | 85.86 | 12.06 | 7.02 | 17.79 | 28.32 | 13.42 | 32.98 | 1.21 | 9.98 | -9.68 | 0.58 | 0.0 | 0 | 0 | 0.12 | -7.69 | 8.63 | 0.0 | 6.76 | 9.74 | 1.85 | 41.22 | 20.25 | 7.66 | 28.86 | 9.78 | -2.22 | 0 | 18.03 | 6.31 | 0.00 | 0 |
| 2018 (5) | 14.56 | -21.47 | 1.0 | -67.74 | 0 | 0 | 0 | 0 | 76.62 | 8.42 | 5.96 | 19.2 | 24.97 | 19.42 | 32.59 | 10.14 | 11.05 | 27.75 | 0.58 | -1.69 | 0 | 0 | 0.13 | 44.44 | 8.63 | 0.0 | 6.16 | 8.83 | 1.31 | 33.67 | 18.81 | 12.63 | 26.29 | 12.64 | -1.85 | 0 | 16.96 | 10.2 | 0.00 | 0 |
| 2017 (4) | 18.54 | -13.08 | 3.1 | 10.32 | 0 | 0 | 0 | 0 | 70.67 | -3.15 | 5.0 | -47.15 | 20.91 | -5.34 | 29.59 | -2.26 | 8.65 | 13.97 | 0.59 | -1.67 | 0 | 0 | 0.09 | 28.57 | 8.63 | 0.0 | 5.66 | 19.92 | 0.98 | 34.25 | 16.7 | -13.87 | 23.34 | -6.04 | -1.31 | 0 | 15.39 | -16.4 | 0.00 | 0 |
| 2016 (3) | 21.33 | 0.28 | 2.81 | -28.68 | 0 | 0 | 0 | 0 | 72.97 | 20.73 | 9.46 | 40.98 | 22.09 | 19.53 | 30.27 | -0.99 | 7.59 | -13.65 | 0.6 | -1.64 | 0 | 0 | 0.07 | 75.0 | 8.63 | 0.0 | 4.72 | 16.54 | 0.73 | 0.0 | 19.39 | 25.91 | 24.84 | 23.09 | -0.98 | 0 | 18.41 | 13.57 | 0.00 | 0 |
| 2015 (2) | 21.27 | 31.22 | 3.94 | 30.9 | 0 | 0 | 0 | 0 | 60.44 | 1.75 | 6.71 | 17.72 | 18.48 | 1.59 | 30.58 | -0.15 | 8.79 | 13.71 | 0.61 | 0.0 | 0 | 0 | 0.04 | 0.0 | 8.63 | 0.0 | 4.05 | 16.38 | 0.73 | 0.0 | 15.4 | 21.26 | 20.18 | 19.34 | 0.81 | -30.17 | 16.21 | 16.96 | 0.00 | 0 |
| 2014 (1) | 16.21 | -12.0 | 3.01 | -47.92 | 0 | 0 | 0 | 0 | 59.4 | -1.35 | 5.7 | 6.34 | 18.19 | 4.84 | 30.62 | 6.27 | 7.73 | 6.18 | 0.61 | -1.61 | 0 | 0 | 0.04 | -33.33 | 8.63 | 0.0 | 3.48 | 18.37 | 0.73 | 0.0 | 12.7 | 22.94 | 16.91 | 20.79 | 1.16 | 152.17 | 13.86 | 28.45 | 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) | 30.34 | -0.69 | 2.81 | 1.9 | 46.15 | 7.34 | 1.9 | -26.92 | -26.36 | 0 | 0 | 0 | 21.44 | 5.72 | -24.69 | -0.32 | -233.33 | -117.2 | 23.13 | -0.98 | -28.46 | 28.30 | 7.53 | 5.36 | 17.96 | 12.81 | 0.79 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0.3 | 0.0 | -11.76 | 8.63 | 0.0 | 0.0 | 9.81 | 0.0 | 6.63 | 2.14 | 0.0 | 189.19 | 33.06 | -0.96 | -5.41 | 45.01 | -0.71 | 0.24 | 0.35 | 294.44 | 146.05 | 33.41 | 0.63 | -2.28 | 0.00 | 0 | 0 |
| 24Q2 (19) | 30.55 | 2.24 | -6.09 | 1.3 | 0 | -23.98 | 2.6 | 1.56 | 0 | 0 | 0 | 0 | 20.28 | 14.71 | -26.33 | 0.24 | -47.83 | -90.77 | 23.36 | 14.06 | -19.03 | 26.32 | 23.38 | 12.96 | 15.92 | 0.32 | -10.21 | 0 | 0 | 0 | 1.3 | -49.22 | -82.6 | 0.3 | -3.23 | -16.67 | 8.63 | 0.0 | 0.0 | 9.81 | 6.63 | 6.63 | 2.14 | 189.19 | 189.19 | 33.38 | -7.41 | 0.88 | 45.33 | -1.46 | 5.35 | -0.18 | 78.82 | 92.27 | 33.2 | -5.68 | 7.93 | 0.00 | 0 | 0 |
| 24Q1 (18) | 29.88 | 3.46 | 0.74 | 0 | 0 | -100.0 | 2.56 | 4.07 | 0 | 0 | 0 | 0 | 17.68 | -20.86 | -39.56 | 0.46 | -24.59 | -53.06 | 20.48 | -19.47 | -35.44 | 21.33 | -9.76 | -16.12 | 15.87 | -5.31 | -10.84 | 0 | 0 | 0 | 2.56 | -30.43 | -64.98 | 0.31 | -6.06 | -8.82 | 8.63 | 0.0 | 0.0 | 9.2 | 0.0 | 7.1 | 0.74 | 0.0 | -63.18 | 36.05 | 1.29 | 17.16 | 46.0 | 1.01 | 11.22 | -0.85 | 60.28 | -44.07 | 35.2 | 5.23 | 16.63 | 0.00 | 0 | 0 |
| 23Q4 (17) | 28.88 | -2.13 | 2.45 | 0 | -100.0 | -100.0 | 2.46 | -4.65 | 0 | 0 | 0 | 0 | 22.34 | -21.53 | -36.41 | 0.61 | -67.2 | -75.6 | 25.43 | -21.34 | -31.21 | 23.64 | -11.99 | -23.93 | 16.76 | -5.95 | -8.42 | 0 | 0 | 0 | 3.68 | -4.91 | -50.07 | 0.33 | -2.94 | 3.12 | 8.63 | 0.0 | 0.0 | 9.2 | 0.0 | 7.1 | 0.74 | 0.0 | -63.18 | 35.59 | 1.83 | 19.51 | 45.54 | 1.43 | 12.78 | -2.14 | -181.58 | -189.19 | 33.45 | -2.16 | 15.19 | 0.00 | 0 | 0 |
| 23Q3 (16) | 29.51 | -9.28 | 27.97 | 1.77 | 3.51 | -67.34 | 2.58 | 0 | 0 | 0 | 0 | 0 | 28.47 | 3.41 | -10.84 | 1.86 | -28.46 | -20.17 | 32.33 | 12.06 | -12.83 | 26.86 | 15.28 | -14.96 | 17.82 | 0.51 | -14.98 | 0 | 0 | 0 | 3.87 | -48.19 | -49.21 | 0.34 | -5.56 | 6.25 | 8.63 | 0.0 | 0.0 | 9.2 | 0.0 | 7.1 | 0.74 | 0.0 | -63.18 | 34.95 | 5.62 | 28.26 | 44.9 | 4.35 | 18.66 | -0.76 | 67.38 | -2633.33 | 34.19 | 11.15 | 25.33 | 0.00 | 0 | 0 |
| 23Q2 (15) | 32.53 | 9.68 | 72.3 | 1.71 | -44.84 | -20.09 | 0 | 0 | 0 | 0 | 0 | 0 | 27.53 | -5.88 | -3.17 | 2.6 | 165.31 | 64.56 | 28.85 | -9.05 | -9.79 | 23.30 | -8.39 | -16.96 | 17.73 | -0.39 | -24.1 | 0 | 0 | 0 | 7.47 | 2.19 | 4.77 | 0.36 | 5.88 | 24.14 | 8.63 | 0.0 | 0.0 | 9.2 | 7.1 | 7.1 | 0.74 | -63.18 | -63.18 | 33.09 | 7.54 | 32.78 | 43.03 | 4.04 | 21.18 | -2.33 | -294.92 | -202.6 | 30.76 | 1.92 | 27.37 | 0.00 | 0 | 0 |
| 23Q1 (14) | 29.66 | 5.21 | 27.52 | 3.1 | -58.67 | 50.49 | 0 | 0 | 0 | 0 | 0 | 0 | 29.25 | -16.74 | 24.52 | 0.98 | -60.8 | 462.96 | 31.72 | -14.2 | 1.8 | 25.43 | -18.16 | -11.15 | 17.8 | -2.73 | -18.83 | 0 | 0 | 0 | 7.31 | -0.81 | 6.4 | 0.34 | 6.25 | 9.68 | 8.63 | 0.0 | 0.0 | 8.59 | 0.0 | 4.25 | 2.01 | 0.0 | -11.45 | 30.77 | 3.32 | 28.48 | 41.36 | 2.43 | 20.02 | -0.59 | 20.27 | -1.72 | 30.18 | 3.93 | 29.14 | 0.00 | 0 | 0 |
| 22Q4 (13) | 28.19 | 22.25 | 62.2 | 7.5 | 38.38 | 276.88 | 0 | 0 | 0 | 0 | 0 | 0 | 35.13 | 10.02 | 4.55 | 2.5 | 7.3 | 594.44 | 36.97 | -0.32 | -5.5 | 31.07 | -1.61 | -12.53 | 18.3 | -12.69 | 0.22 | 0 | 0 | 0 | 7.37 | -3.28 | 10.99 | 0.32 | 0.0 | 6.67 | 8.63 | 0.0 | 0.0 | 8.59 | 0.0 | 4.25 | 2.01 | 0.0 | -11.45 | 29.78 | 9.28 | 22.96 | 40.38 | 6.71 | 16.23 | -0.74 | -2566.67 | 63.18 | 29.04 | 6.45 | 30.75 | 0.00 | 0 | 0 |
| 22Q3 (12) | 23.06 | 22.14 | 13.99 | 5.42 | 153.27 | 169.65 | 0 | 0 | 0 | 0 | 0 | 0 | 31.93 | 12.31 | 12.11 | 2.33 | 47.47 | 153.26 | 37.09 | 15.98 | 17.23 | 31.58 | 12.57 | 3.11 | 20.96 | -10.27 | 2.54 | 0 | 0 | 0 | 7.62 | 6.87 | 14.07 | 0.32 | 10.34 | 0.0 | 8.63 | 0.0 | 0.0 | 8.59 | 0.0 | 4.25 | 2.01 | 0.0 | -11.45 | 27.25 | 9.35 | 14.02 | 37.84 | 6.56 | 9.97 | 0.03 | 103.9 | 101.21 | 27.28 | 12.96 | 27.3 | 0.00 | 0 | 0 |
| 22Q2 (11) | 18.88 | -18.83 | -18.48 | 2.14 | 3.88 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28.43 | 21.03 | 21.96 | 1.58 | 685.19 | 182.14 | 31.98 | 2.63 | 15.2 | 28.05 | -1.98 | 0.27 | 23.36 | 6.52 | 18.28 | 0 | 0 | 0 | 7.13 | 3.78 | 6.58 | 0.29 | -6.45 | -9.38 | 8.63 | 0.0 | 0.0 | 8.59 | 4.25 | 15.15 | 2.01 | -11.45 | -9.46 | 24.92 | 4.05 | -0.24 | 35.51 | 3.05 | 2.42 | -0.77 | -32.76 | 72.98 | 24.15 | 3.34 | 9.13 | 0.00 | 0 | 0 |
| 22Q1 (10) | 23.26 | 33.83 | 14.02 | 2.06 | 3.52 | -34.39 | 0 | 0 | 0 | 0 | 0 | 0 | 23.49 | -30.09 | -5.05 | -0.27 | -175.0 | -116.27 | 31.16 | -20.35 | 2.2 | 28.62 | -19.43 | -6.57 | 21.93 | 20.1 | 59.14 | 0 | 0 | 0 | 6.87 | 3.46 | 0.29 | 0.31 | 3.33 | -8.82 | 8.63 | 0.0 | 0.0 | 8.24 | 0.0 | 10.46 | 2.27 | 0.0 | 2.25 | 23.95 | -1.11 | -1.92 | 34.46 | -0.81 | 1.03 | -0.58 | 71.14 | 76.03 | 23.37 | 5.22 | 6.23 | 0.00 | 0 | 0 |
| 21Q4 (9) | 17.38 | -14.09 | -2.08 | 1.99 | -1.0 | -36.42 | 0 | 0 | 0 | 0 | 0 | 0 | 33.6 | 17.98 | 25.47 | 0.36 | -60.87 | -84.28 | 39.12 | 23.64 | 20.96 | 35.52 | 15.98 | 0.21 | 18.26 | -10.67 | 51.66 | 0 | 0 | 0 | 6.64 | -0.6 | 0 | 0.3 | -6.25 | 3.45 | 8.63 | 0.0 | 0.0 | 8.24 | 0.0 | 10.46 | 2.27 | 0.0 | 2.25 | 24.22 | 1.34 | 6.41 | 34.74 | 0.96 | 7.06 | -2.01 | 18.62 | 11.45 | 22.21 | 3.64 | 8.39 | 0.00 | 0 | 0 |
| 21Q3 (8) | 20.23 | -12.65 | 24.65 | 2.01 | 0 | -37.19 | 0 | 0 | 0 | 0 | 0 | 0 | 28.48 | 22.18 | 16.77 | 0.92 | 64.29 | -61.18 | 31.64 | 13.98 | 7.11 | 30.63 | 9.46 | -8.76 | 20.44 | 3.49 | 70.9 | 0 | 0 | 0 | 6.68 | -0.15 | 0 | 0.32 | 0.0 | 128.57 | 8.63 | 0.0 | 0.0 | 8.24 | 10.46 | 10.46 | 2.27 | 2.25 | 2.25 | 23.9 | -4.32 | 16.53 | 34.41 | -0.75 | 13.98 | -2.47 | 13.33 | 21.84 | 21.43 | -3.16 | 23.52 | 0.00 | 0 | 0 |
| 21Q2 (7) | 23.16 | 13.53 | 51.17 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23.31 | -5.78 | -1.35 | 0.56 | -66.27 | -75.33 | 27.76 | -8.95 | 1.83 | 27.98 | -8.66 | 0 | 19.75 | 43.32 | 79.22 | 0 | 0 | -100.0 | 6.69 | -2.34 | 0 | 0.32 | -5.88 | 166.67 | 8.63 | 0.0 | 0.0 | 7.46 | 0.0 | 0.0 | 2.22 | 0.0 | 0.0 | 24.98 | 2.29 | 37.71 | 34.67 | 1.64 | 24.58 | -2.85 | -17.77 | 22.55 | 22.13 | 0.59 | 53.04 | 0.00 | 0 | 0 |
| 21Q1 (6) | 20.4 | 14.93 | 27.98 | 3.14 | 0.32 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24.74 | -7.62 | 50.58 | 1.66 | -27.51 | 84.44 | 30.49 | -5.72 | 38.15 | 30.63 | -13.59 | 0 | 13.78 | 14.45 | 56.24 | 0 | 0 | -100.0 | 6.85 | 0 | 0 | 0.34 | 17.24 | 209.09 | 8.63 | 0.0 | 0.0 | 7.46 | 0.0 | 10.36 | 2.22 | 0.0 | 20.0 | 24.42 | 7.29 | 15.46 | 34.11 | 5.12 | 14.62 | -2.42 | -6.61 | 15.68 | 22.0 | 7.37 | 20.35 | 0.00 | 0 | 0 |
| 20Q4 (5) | 17.75 | 9.37 | 20.67 | 3.13 | -2.19 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26.78 | 9.8 | 13.72 | 2.29 | -3.38 | 100.88 | 32.34 | 9.48 | 14.15 | 35.45 | 5.6 | 0 | 12.04 | 0.67 | 20.64 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0.29 | 107.14 | 141.67 | 8.63 | 0.0 | 0.0 | 7.46 | 0.0 | 10.36 | 2.22 | 0.0 | 20.0 | 22.76 | 10.97 | 12.4 | 32.45 | 7.49 | 12.44 | -2.27 | 28.16 | -2.25 | 20.49 | 18.1 | 13.64 | 0.00 | 0 | 0 |
| 20Q3 (4) | 16.23 | 5.94 | 0.0 | 3.2 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 24.39 | 3.22 | 0.0 | 2.37 | 4.41 | 0.0 | 29.54 | 8.36 | 0.0 | 33.57 | 0 | 0.0 | 11.96 | 8.53 | 0.0 | 0 | -100.0 | 0.0 | 0 | 0 | 0.0 | 0.14 | 16.67 | 0.0 | 8.63 | 0.0 | 0.0 | 7.46 | 0.0 | 0.0 | 2.22 | 0.0 | 0.0 | 20.51 | 13.07 | 0.0 | 30.19 | 8.48 | 0.0 | -3.16 | 14.13 | 0.0 | 17.35 | 19.99 | 0.0 | 0.00 | 0 | 0.0 |
