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) | 31.8 | 18.79 | 0 | 0 | 0 | 0 | 0 | 0 | 83.71 | -14.75 | 9.87 | -1.6 | 11.8 | -38.41 | 14.10 | -27.76 | 20.25 | -25.55 | 0.04 | 300.0 | 0 | 0 | 0 | 0 | 14.53 | 23.14 | 5.68 | 21.63 | 0.69 | -49.26 | 21.94 | 22.23 | 28.31 | 18.06 | -0.81 | 0 | 21.13 | 22.42 | 0.00 | 0 |
| 2022 (9) | 26.77 | 74.62 | 0.88 | -46.34 | 8.93 | 0 | 0 | 0 | 98.19 | 27.83 | 10.03 | 83.7 | 19.16 | 49.8 | 19.51 | 17.19 | 27.2 | 7.38 | 0.01 | 0 | 0 | 0 | 0 | 0 | 11.8 | 0.85 | 4.67 | 11.72 | 1.36 | 6.25 | 17.95 | 49.71 | 23.98 | 37.42 | -0.69 | 0 | 17.26 | 62.37 | 0.00 | -17.7 |
| 2021 (8) | 15.33 | -36.28 | 1.64 | -52.46 | 0 | 0 | 0 | 0 | 76.81 | 2.37 | 5.46 | -8.39 | 12.79 | 27.14 | 16.65 | 24.19 | 25.33 | 45.66 | 0 | 0 | 8.86 | 0.91 | 0 | 0 | 11.7 | -0.85 | 4.18 | 16.43 | 1.28 | 37.63 | 11.99 | 0.93 | 17.45 | 6.4 | -1.36 | 0 | 10.63 | 0.28 | 0.00 | -99.42 |
| 2020 (7) | 24.06 | 108.31 | 3.45 | 37.45 | 0 | 0 | 0 | 0 | 75.03 | -2.87 | 5.96 | 21.14 | 10.06 | -18.54 | 13.41 | -16.13 | 17.39 | -8.47 | 0 | 0 | 8.78 | 0 | 0 | 0 | 11.8 | 0.0 | 3.59 | 15.81 | 0.93 | 63.16 | 11.88 | 17.16 | 16.4 | 18.67 | -1.28 | 0 | 10.6 | 15.09 | 0.05 | -41.77 |
| 2019 (6) | 11.55 | 20.82 | 2.51 | -1.18 | 0.01 | -50.0 | 0 | 0 | 77.25 | 3.54 | 4.92 | 16.04 | 12.35 | -12.66 | 15.99 | -15.64 | 19.0 | -4.86 | 0 | 0 | 0 | 0 | 0.04 | -20.0 | 11.8 | 8.26 | 3.1 | 15.67 | 0.57 | 26.67 | 10.14 | 14.06 | 13.82 | 15.07 | -0.93 | 0 | 9.21 | 10.7 | 0.08 | -1.39 |
| 2018 (5) | 9.56 | 21.32 | 2.54 | 103.2 | 0.02 | 0.0 | 0 | 0 | 74.61 | 15.96 | 4.24 | 21.49 | 14.14 | 28.2 | 18.95 | 10.55 | 19.97 | 13.79 | 0 | 0 | 0.18 | 0.0 | 0.05 | -16.67 | 10.9 | 4.21 | 2.68 | 15.02 | 0.45 | 50.0 | 8.89 | 18.85 | 12.01 | 18.79 | -0.57 | 0 | 8.32 | 18.35 | 0.09 | 1.38 |
| 2017 (4) | 7.88 | 3.55 | 1.25 | 123.21 | 0.02 | 0.0 | 0 | 0 | 64.34 | 5.13 | 3.49 | -8.4 | 11.03 | -0.81 | 17.14 | -5.65 | 17.55 | 26.62 | 0 | 0 | 0.18 | -55.0 | 0.06 | -25.0 | 10.46 | 0.97 | 2.33 | 19.49 | 0.3 | 1400.0 | 7.48 | -3.86 | 10.11 | 3.59 | -0.45 | 0 | 7.03 | -6.39 | 0.08 | 120.16 |
| 2016 (3) | 7.61 | 84.71 | 0.56 | 30.23 | 0.02 | -99.11 | 0 | 0 | 61.2 | 12.52 | 3.81 | 19.81 | 11.12 | 3.54 | 18.17 | -7.98 | 13.86 | -2.12 | 0 | 0 | 0.4 | -4.76 | 0.08 | 0 | 10.36 | 6.26 | 1.95 | 19.63 | 0.02 | 0.0 | 7.78 | 23.69 | 9.76 | 22.92 | -0.27 | 0 | 7.51 | 15.72 | 0.04 | 70.34 |
| 2015 (2) | 4.12 | -14.52 | 0.43 | -57.43 | 2.25 | -12.45 | 0 | 0 | 54.39 | 19.91 | 3.18 | 4.61 | 10.74 | 10.61 | 19.75 | -7.76 | 14.16 | 37.61 | 0 | 0 | 0.42 | -2.33 | 0 | 0 | 9.75 | 7.38 | 1.63 | 22.56 | 0.02 | 0.0 | 6.29 | 16.7 | 7.94 | 17.8 | 0.2 | -35.48 | 6.49 | 13.86 | 0.02 | 7.17 |
| 2014 (1) | 4.82 | 46.06 | 1.01 | -59.44 | 2.57 | 12750.0 | 0 | 0 | 45.36 | 16.16 | 3.04 | 3.4 | 9.71 | 17.84 | 21.41 | 1.45 | 10.29 | 10.41 | 0 | 0 | 0.43 | -88.92 | 0 | 0 | 9.08 | 9.66 | 1.33 | 29.13 | 0.02 | 0.0 | 5.39 | 19.25 | 6.74 | 21.01 | 0.31 | 138.46 | 5.7 | 22.58 | 0.02 | 6.04 |
| 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) | 29.5 | 4.8 | -34.12 | 0 | 0 | -100.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 20.5 | 25.0 | 14.33 | 2.31 | 24.86 | -0.86 | 11.21 | 5.36 | -5.64 | 14.93 | 1.75 | 17.46 | 17.49 | -9.66 | -17.85 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 14.62 | 0.07 | 16.4 | 6.66 | 0.0 | 17.25 | 0.81 | 0.0 | 17.39 | 21.1 | 13.69 | 5.76 | 28.57 | 9.76 | 8.59 | 0.28 | 240.0 | 200.0 | 21.38 | 16.45 | 8.69 | 0.00 | 0 | -100.0 |
| 24Q2 (19) | 28.15 | 17.24 | -24.25 | 0 | 0 | -100.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 16.4 | -1.09 | -25.83 | 1.85 | -11.06 | -36.43 | 10.64 | 15.53 | -22.45 | 14.67 | 24.62 | 7.96 | 19.36 | -8.33 | -10.45 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 14.61 | 0.55 | 16.32 | 6.66 | 17.25 | 17.25 | 0.81 | 17.39 | 17.39 | 18.56 | -22.73 | 5.33 | 26.03 | -14.35 | 8.5 | -0.2 | 45.95 | 74.36 | 18.36 | -22.37 | 9.03 | 0.00 | 0 | -100.0 |
| 24Q1 (18) | 24.01 | -24.5 | -28.22 | 0 | 0 | -100.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 16.58 | -23.28 | -24.88 | 2.08 | -0.48 | -18.43 | 9.21 | -21.95 | -18.71 | 11.77 | -16.47 | 6.23 | 21.12 | 4.3 | -17.53 | 0.02 | -50.0 | 100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 14.53 | 0.0 | 22.62 | 5.68 | 0.0 | 21.63 | 0.69 | 0.0 | -49.26 | 24.02 | 9.48 | 17.17 | 30.39 | 7.35 | 14.55 | -0.37 | 54.32 | 47.89 | 23.65 | 11.93 | 19.5 | 0.00 | 0 | -100.0 |
| 23Q4 (17) | 31.8 | -28.99 | 18.79 | 0 | -100.0 | -100.0 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 21.61 | 20.52 | -31.09 | 2.09 | -10.3 | -35.09 | 11.8 | -0.67 | -38.41 | 14.09 | 10.89 | -27.77 | 20.25 | -4.88 | -25.55 | 0.04 | 33.33 | 300.0 | 0 | 0 | 0 | 0 | 0 | 0 | 14.53 | 15.68 | 23.14 | 5.68 | 0.0 | 21.63 | 0.69 | 0.0 | -49.26 | 21.94 | 9.97 | 22.23 | 28.31 | 7.6 | 18.06 | -0.81 | -189.29 | -17.39 | 21.13 | 7.42 | 22.42 | 0.00 | -100.0 | -100.0 |
| 23Q3 (16) | 44.78 | 20.51 | 194.22 | 0.88 | 3.53 | -34.33 | 8.99 | 0.22 | 0 | 0 | 0 | 0 | 17.93 | -18.91 | -29.46 | 2.33 | -19.93 | -31.07 | 11.88 | -13.41 | -18.91 | 12.71 | -6.47 | -22.07 | 21.29 | -1.53 | -29.62 | 0.03 | 200.0 | 200.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 12.56 | 0.0 | 6.44 | 5.68 | 0.0 | 21.63 | 0.69 | 0.0 | -49.26 | 19.95 | 13.22 | 35.81 | 26.31 | 9.67 | 26.98 | -0.28 | 64.1 | 12.5 | 19.67 | 16.81 | 36.88 | 0.00 | -6.09 | -14.02 |
| 23Q2 (15) | 37.16 | 11.09 | 195.15 | 0.85 | -3.41 | -49.4 | 8.97 | 0.22 | 0 | 0 | 0 | 0 | 22.11 | 0.18 | -5.43 | 2.91 | 14.12 | 25.43 | 13.72 | 21.09 | -5.51 | 13.59 | 22.62 | -20.66 | 21.62 | -15.58 | -25.37 | 0.01 | 0.0 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 12.56 | 5.99 | 6.44 | 5.68 | 21.63 | 21.63 | 0.69 | -49.26 | -49.26 | 17.62 | -14.05 | 55.79 | 23.99 | -9.57 | 38.35 | -0.78 | -9.86 | -5.41 | 16.84 | -14.91 | 59.32 | 0.00 | 4.36 | -17.17 |
| 23Q1 (14) | 33.45 | 24.95 | 172.39 | 0.88 | 0.0 | -48.24 | 8.95 | 0.22 | 0 | 0 | 0 | 0 | 22.07 | -29.62 | 22.41 | 2.55 | -20.81 | 129.73 | 11.33 | -40.87 | 17.41 | 11.08 | -43.2 | -10.94 | 25.61 | -5.85 | -5.43 | 0.01 | 0.0 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 11.85 | 0.42 | 0.42 | 4.67 | 0.0 | 11.72 | 1.36 | 0.0 | 6.25 | 20.5 | 14.21 | 56.49 | 26.53 | 10.63 | 42.94 | -0.71 | -2.9 | 6.58 | 19.79 | 14.66 | 60.37 | 0.00 | -5.89 | -18.0 |
| 22Q4 (13) | 26.77 | 75.89 | 74.62 | 0.88 | -34.33 | -46.34 | 8.93 | 0 | 0 | 0 | 0 | 0 | 31.36 | 23.37 | 36.35 | 3.22 | -4.73 | 38.2 | 19.16 | 30.78 | 49.8 | 19.51 | 19.65 | 17.19 | 27.2 | -10.08 | 7.38 | 0.01 | 0.0 | 0 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 11.8 | 0.0 | 0.85 | 4.67 | 0.0 | 11.72 | 1.36 | 0.0 | 6.25 | 17.95 | 22.19 | 49.71 | 23.98 | 15.73 | 37.42 | -0.69 | -115.62 | 49.26 | 17.26 | 20.11 | 62.37 | 0.00 | -6.77 | -17.7 |
| 22Q3 (12) | 15.22 | 20.89 | 52.2 | 1.34 | -20.24 | -17.79 | 0 | 0 | 0 | 0 | 0 | 0 | 25.42 | 8.73 | 24.85 | 3.38 | 45.69 | 172.58 | 14.65 | 0.9 | 11.41 | 16.31 | -4.79 | -7.84 | 30.25 | 4.42 | 28.61 | 0.01 | 0 | 0 | 8.91 | 0.22 | 0.68 | 0 | 0 | 0 | 11.8 | 0.0 | 0.85 | 4.67 | 0.0 | 11.72 | 1.36 | 0.0 | 6.25 | 14.69 | 29.89 | 52.07 | 20.72 | 19.49 | 37.04 | -0.32 | 56.76 | 76.98 | 14.37 | 35.95 | 73.76 | 0.00 | -9.54 | -17.68 |
| 22Q2 (11) | 12.59 | 2.52 | -21.12 | 1.68 | -1.18 | 162.5 | 0 | 0 | 0 | 0 | 0 | 0 | 23.38 | 29.67 | 44.68 | 2.32 | 109.01 | 179.52 | 14.52 | 50.47 | 52.52 | 17.13 | 37.65 | 35.9 | 28.97 | 6.98 | 24.6 | 0 | 0 | 0 | 8.89 | 0.11 | 0.79 | 0 | 0 | 0 | 11.8 | 0.0 | 0.0 | 4.67 | 11.72 | 30.08 | 1.36 | 6.25 | 46.24 | 11.31 | -13.66 | 15.41 | 17.34 | -6.57 | 21.09 | -0.74 | 2.63 | 44.36 | 10.57 | -14.34 | 24.79 | 0.00 | 3.32 | -11.43 |
| 22Q1 (10) | 12.28 | -19.9 | -38.17 | 1.7 | 3.66 | -5.03 | 0 | 0 | 0 | 0 | 0 | 0 | 18.03 | -21.61 | 4.28 | 1.11 | -52.36 | 4.72 | 9.65 | -24.55 | 3.43 | 12.44 | -25.27 | 2.44 | 27.08 | 6.91 | 47.74 | 0 | 0 | 0 | 8.88 | 0.23 | 0.91 | 0 | 0 | 0 | 11.8 | 0.85 | 0.0 | 4.18 | 0.0 | 16.43 | 1.28 | 0.0 | 37.63 | 13.1 | 9.26 | 1.24 | 18.56 | 6.36 | 6.3 | -0.76 | 44.12 | 32.14 | 12.34 | 16.09 | 4.4 | 0.00 | -5.55 | -99.46 |
| 21Q4 (9) | 15.33 | 53.3 | -36.28 | 1.64 | 0.61 | -52.46 | 0 | 0 | 0 | 0 | 0 | 0 | 23.0 | 12.97 | 12.2 | 2.33 | 87.9 | 58.5 | 12.79 | -2.74 | 27.14 | 16.65 | -5.9 | 24.19 | 25.33 | 7.7 | 45.66 | 0 | 0 | 0 | 8.86 | 0.11 | 0.91 | 0 | 0 | 0 | 11.7 | 0.0 | -0.85 | 4.18 | 0.0 | 16.43 | 1.28 | 0.0 | 37.63 | 11.99 | 24.12 | 0.93 | 17.45 | 15.41 | 6.4 | -1.36 | 2.16 | -6.25 | 10.63 | 28.54 | 0.28 | 0.00 | -6.75 | -99.42 |
| 21Q3 (8) | 10.0 | -37.34 | -21.45 | 1.63 | 154.69 | -29.13 | 0 | 0 | 0 | 0 | 0 | 0 | 20.36 | 25.99 | -5.65 | 1.24 | 49.4 | -34.39 | 13.15 | 38.13 | 18.68 | 17.70 | 40.4 | 21.17 | 23.52 | 1.16 | 31.03 | 0 | 0 | 0 | 8.85 | 0.34 | 0 | 0 | 0 | 0 | 11.7 | -0.85 | -0.85 | 4.18 | 16.43 | 16.43 | 1.28 | 37.63 | 37.63 | 9.66 | -1.43 | -7.29 | 15.12 | 5.59 | 1.2 | -1.39 | -4.51 | -13.93 | 8.27 | -2.36 | -10.11 | 0.00 | -2.68 | -99.38 |
| 21Q2 (7) | 15.96 | -19.64 | 66.08 | 0.64 | -64.25 | -71.81 | 0 | 0 | 0 | 0 | 0 | 0 | 16.16 | -6.54 | -7.34 | 0.83 | -21.7 | -55.61 | 9.52 | 2.04 | -10.78 | 12.60 | 3.77 | 0 | 23.25 | 26.84 | 27.54 | 0 | 0 | 0 | 8.82 | 0.23 | 0 | 0 | 0 | 0 | 11.8 | 0.0 | -0.17 | 3.59 | 0.0 | 0.0 | 0.93 | 0.0 | 0.0 | 9.8 | -24.27 | 14.09 | 14.32 | -17.98 | 9.23 | -1.33 | -18.75 | -3.1 | 8.47 | -28.34 | 16.03 | 0.00 | -99.37 | -99.39 |
| 21Q1 (6) | 19.86 | -17.46 | 86.3 | 1.79 | -48.12 | 38.76 | 0 | 0 | -100.0 | 0 | 0 | 0 | 17.29 | -15.66 | 11.48 | 1.06 | -27.89 | 45.21 | 9.33 | -7.26 | 15.19 | 12.15 | -9.41 | 0 | 18.33 | 5.41 | -18.32 | 0 | 0 | 0 | 8.8 | 0.23 | 0 | 0 | 0 | -100.0 | 11.8 | 0.0 | -0.17 | 3.59 | 0.0 | 15.81 | 0.93 | 0.0 | 63.16 | 12.94 | 8.92 | 19.04 | 17.46 | 6.46 | 20.08 | -1.12 | 12.5 | -4.67 | 11.82 | 11.51 | 20.61 | 0.05 | 0.27 | -41.63 |
| 20Q4 (5) | 24.06 | 89.0 | 108.31 | 3.45 | 50.0 | 37.45 | 0 | 0 | -100.0 | 0 | 0 | 0 | 20.5 | -5.0 | -3.94 | 1.47 | -22.22 | 0.68 | 10.06 | -9.21 | -18.54 | 13.41 | -8.19 | 0 | 17.39 | -3.12 | -8.47 | 0 | 0 | 0 | 8.78 | 0 | 0 | 0 | 0 | -100.0 | 11.8 | 0.0 | 0.0 | 3.59 | 0.0 | 15.81 | 0.93 | 0.0 | 63.16 | 11.88 | 14.01 | 17.16 | 16.4 | 9.77 | 18.67 | -1.28 | -4.92 | -37.63 | 10.6 | 15.22 | 15.09 | 0.05 | -0.28 | -41.77 |
| 20Q3 (4) | 12.73 | 32.47 | 0.0 | 2.3 | 1.32 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 21.58 | 23.74 | 0.0 | 1.89 | 1.07 | 0.0 | 11.08 | 3.84 | 0.0 | 14.60 | 0 | 0.0 | 17.95 | -1.54 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 11.8 | -0.17 | 0.0 | 3.59 | 0.0 | 0.0 | 0.93 | 0.0 | 0.0 | 10.42 | 21.3 | 0.0 | 14.94 | 13.96 | 0.0 | -1.22 | 5.43 | 0.0 | 9.2 | 26.03 | 0.0 | 0.05 | -3.11 | 0.0 |
