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) | 26.4 | -14.51 | 0 | 0 | 0 | 0 | 0 | 0 | 37.11 | -19.33 | 5.26 | -38.41 | 11.65 | 37.71 | 31.39 | 70.7 | 9.9 | 0.3 | 1.66 | -24.55 | 1.42 | 0 | 0.3 | -3.23 | 12.85 | 0.0 | 11.56 | 8.24 | 0.33 | 0 | 18.04 | -11.61 | 29.92 | -3.73 | -0.18 | 0 | 17.86 | -11.06 | 0.03 | -1.0 |
| 2022 (9) | 30.88 | 19.09 | 1.49 | 11.19 | 1.54 | 0 | 0 | 0 | 46.0 | -11.89 | 8.54 | -20.93 | 8.46 | -37.24 | 18.39 | -28.77 | 9.87 | 10.03 | 2.2 | -11.65 | 0 | 0 | 0.31 | -6.06 | 12.85 | 0.0 | 10.68 | 11.48 | 0 | 0 | 20.41 | 7.65 | 31.08 | 8.22 | -0.33 | 0 | 20.08 | 1.98 | 0.03 | 18.54 |
| 2021 (8) | 25.93 | 11.91 | 1.34 | -52.98 | 0 | 0 | 0 | 0 | 52.21 | 49.0 | 10.8 | 103.77 | 13.48 | 16.61 | 25.82 | -21.74 | 8.97 | 52.55 | 2.49 | 21.46 | 1.38 | 0 | 0.33 | -15.38 | 12.85 | 0.0 | 9.58 | 5.51 | 0.18 | -83.78 | 18.96 | 48.82 | 28.72 | 25.25 | 0.73 | 0 | 19.69 | 56.77 | 0.03 | -5.94 |
| 2020 (7) | 23.17 | -13.06 | 2.85 | -5.0 | 1.42 | 0 | 0 | 0 | 35.04 | 8.38 | 5.3 | 31.51 | 11.56 | 18.2 | 32.99 | 9.06 | 5.88 | 25.37 | 2.05 | 15.82 | 0 | 0 | 0.39 | -13.33 | 12.85 | 0.0 | 9.08 | 4.49 | 1.11 | 48.0 | 12.74 | 3.16 | 22.93 | 5.23 | -0.18 | 0 | 12.56 | 11.74 | 0.03 | -6.8 |
| 2019 (6) | 26.65 | 32.92 | 3.0 | -34.92 | 0 | 0 | 0 | 0 | 32.33 | -7.39 | 4.03 | -12.58 | 9.78 | -15.4 | 30.25 | -8.65 | 4.69 | -19.69 | 1.77 | -11.94 | 1.5 | 38.89 | 0.45 | -13.46 | 12.85 | 0.0 | 8.69 | 5.59 | 0.75 | 0 | 12.35 | -8.18 | 21.79 | 0.51 | -1.11 | 0 | 11.24 | -11.5 | 0.03 | 7.33 |
| 2018 (5) | 20.05 | -0.74 | 4.61 | -7.06 | 1.58 | 46.3 | 0 | 0 | 34.91 | -4.88 | 4.61 | -10.66 | 11.56 | 0.17 | 33.11 | 5.31 | 5.84 | 22.18 | 2.01 | 66.12 | 1.08 | -34.55 | 0.52 | -13.33 | 12.85 | 0.0 | 8.23 | 6.74 | 0 | 0 | 13.45 | -3.38 | 21.68 | -1.94 | -0.75 | 0 | 12.7 | -10.18 | 0.03 | -21.24 |
| 2017 (4) | 20.2 | 13.55 | 4.96 | -15.07 | 1.08 | -32.92 | 0 | 0 | 36.7 | 1.49 | 5.16 | 16.48 | 11.54 | 7.95 | 31.44 | 6.36 | 4.78 | 8.14 | 1.21 | 6.14 | 1.65 | -63.5 | 0.6 | -9.09 | 12.85 | 0.0 | 7.71 | 6.05 | 0.49 | 0 | 13.92 | 3.42 | 22.11 | 6.66 | 0.22 | 0 | 14.14 | 9.02 | 0.04 | 152.92 |
| 2016 (3) | 17.79 | 38.23 | 5.84 | 18.7 | 1.61 | -65.0 | 0 | 0 | 36.16 | -2.66 | 4.43 | -7.13 | 10.69 | 3.69 | 29.56 | 6.52 | 4.42 | -10.16 | 1.14 | 11.76 | 4.52 | 175.61 | 0.66 | -8.33 | 12.85 | 0.0 | 7.27 | 7.07 | 0 | 0 | 13.46 | -2.39 | 20.73 | 0.73 | -0.49 | 0 | 12.97 | -11.53 | 0.01 | -41.26 |
| 2015 (2) | 12.87 | 6.8 | 4.92 | -22.27 | 4.6 | 0 | 0 | 0 | 37.15 | -9.19 | 4.77 | -34.75 | 10.31 | -2.74 | 27.75 | 7.11 | 4.92 | -21.28 | 1.02 | 39.73 | 1.64 | -78.42 | 0.72 | -6.49 | 12.85 | 1.02 | 6.79 | 12.05 | 0 | 0 | 13.79 | -15.14 | 20.58 | -7.75 | 0.87 | -52.46 | 14.66 | -18.92 | 0.02 | -32.37 |
| 2014 (1) | 12.05 | 18.37 | 6.33 | 41.61 | 0 | 0 | 0 | 0 | 40.91 | 12.05 | 7.31 | 47.08 | 10.6 | 20.05 | 25.91 | 7.13 | 6.25 | 60.26 | 0.73 | -53.8 | 7.6 | 155.03 | 0.77 | 1183.33 | 12.72 | 8.16 | 6.06 | 8.99 | 0 | 0 | 16.25 | 17.84 | 22.31 | 15.3 | 1.83 | 47.58 | 18.08 | 20.29 | 0.04 | -6.12 |
| 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) | 23.98 | -18.46 | 3.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.63 | -15.6 | 16.87 | 0.92 | -50.8 | -48.6 | 10.81 | -11.76 | 4.75 | 25.64 | -14.66 | -13.89 | 10.75 | 14.73 | -0.65 | 1.64 | -0.61 | -6.29 | 0 | 0 | -100.0 | 0.37 | -5.13 | 42.31 | 12.85 | 0.0 | 0.0 | 12.08 | 0.0 | 4.5 | 0.18 | 0.0 | -45.45 | 16.46 | 5.92 | 2.94 | 28.72 | 3.31 | 3.01 | -0.34 | -240.0 | -203.03 | 16.12 | 4.4 | -1.23 | 0.03 | -5.17 | -14.76 |
| 24Q2 (19) | 29.41 | 4.62 | 3.41 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.41 | 21.77 | 31.45 | 1.87 | 64.04 | 289.58 | 12.25 | 5.69 | 31.44 | 30.05 | -1.38 | 19.12 | 9.37 | -9.56 | -2.6 | 1.65 | -1.2 | -15.82 | 0 | 0 | -100.0 | 0.39 | 21.88 | 39.29 | 12.85 | 0.0 | 0.0 | 12.08 | 4.5 | 4.5 | 0.18 | -45.45 | -45.45 | 15.54 | 10.68 | 9.36 | 27.8 | 7.21 | 6.55 | -0.1 | 47.37 | -127.03 | 15.44 | 11.48 | 5.9 | 0.03 | -6.84 | -12.78 |
| 24Q1 (18) | 28.11 | 6.48 | -2.29 | 0 | 0 | -100.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 9.37 | -20.26 | 11.02 | 1.14 | -44.12 | 20.0 | 11.59 | -0.52 | 31.7 | 30.47 | -2.95 | 43.44 | 10.36 | 4.65 | 8.25 | 1.67 | 0.6 | -18.93 | 0 | -100.0 | 0 | 0.32 | 6.67 | 3.23 | 12.85 | 0.0 | 0.0 | 11.56 | 0.0 | 8.24 | 0.33 | 0.0 | 0 | 14.04 | -22.17 | -34.24 | 25.93 | -13.34 | -19.04 | -0.19 | -5.56 | -121.11 | 13.85 | -22.45 | -37.75 | 0.03 | 6.16 | 5.41 |
| 23Q4 (17) | 26.4 | 13.4 | -14.51 | 0 | 0 | -100.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 11.75 | 42.6 | 26.34 | 2.04 | 13.97 | 234.43 | 11.65 | 12.89 | 37.71 | 31.39 | 5.43 | 70.66 | 9.9 | -8.5 | 0.3 | 1.66 | -5.14 | -24.55 | 1.42 | -3.4 | 0 | 0.3 | 15.38 | -3.23 | 12.85 | 0.0 | 0.0 | 11.56 | 0.0 | 8.24 | 0.33 | 0.0 | 0 | 18.04 | 12.82 | -11.61 | 29.92 | 7.32 | -3.73 | -0.18 | -154.55 | 45.45 | 17.86 | 9.44 | -11.06 | 0.03 | -9.11 | -1.0 |
| 23Q3 (16) | 23.28 | -18.14 | -19.28 | 0 | 0 | -100.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 8.24 | -5.07 | -21.75 | 1.79 | 272.92 | -6.77 | 10.32 | 10.73 | 10.73 | 29.77 | 18.05 | 56.77 | 10.82 | 12.47 | 5.87 | 1.75 | -10.71 | -23.58 | 1.47 | 4.26 | 0 | 0.26 | -7.14 | -3.7 | 12.85 | 0.0 | 0.0 | 11.56 | 0.0 | 8.24 | 0.33 | 0.0 | 0 | 15.99 | 12.53 | -18.38 | 27.88 | 6.86 | -7.9 | 0.33 | -10.81 | 191.67 | 16.32 | 11.93 | -15.13 | 0.03 | -2.97 | 8.1 |
| 23Q2 (15) | 28.44 | -1.15 | -17.11 | 0 | -100.0 | -100.0 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 8.68 | 2.84 | -34.04 | 0.48 | -49.47 | -84.71 | 9.32 | 5.91 | -23.42 | 25.22 | 18.75 | 8.91 | 9.62 | 0.52 | -6.15 | 1.96 | -4.85 | -13.66 | 1.41 | 0 | 0 | 0.28 | -9.68 | -3.45 | 12.85 | 0.0 | 0.0 | 11.56 | 8.24 | 8.24 | 0.33 | 0 | 0 | 14.21 | -33.44 | -19.58 | 26.09 | -18.55 | -7.94 | 0.37 | -58.89 | 562.5 | 14.58 | -34.47 | -17.11 | 0.04 | 12.59 | 11.32 |
| 23Q1 (14) | 28.77 | -6.83 | -6.95 | 1.48 | -0.67 | 6.47 | 1.52 | -1.3 | 0 | 0 | 0 | 0 | 8.44 | -9.25 | -35.08 | 0.95 | 55.74 | -66.9 | 8.8 | 4.02 | -35.48 | 21.24 | 15.47 | -16.27 | 9.57 | -3.04 | -0.52 | 2.06 | -6.36 | -9.65 | 0 | 0 | -100.0 | 0.31 | 0.0 | 3.33 | 12.85 | 0.0 | 0.0 | 10.68 | 0.0 | 11.48 | 0 | 0 | -100.0 | 21.35 | 4.61 | -2.33 | 32.03 | 3.06 | 1.26 | 0.9 | 372.73 | 55.17 | 22.25 | 10.81 | -0.85 | 0.03 | -0.3 | 11.76 |
| 22Q4 (13) | 30.88 | 7.07 | 19.09 | 1.49 | -3.25 | 11.19 | 1.54 | -3.14 | 0 | 0 | 0 | 0 | 9.3 | -11.68 | -24.88 | 0.61 | -68.23 | -69.19 | 8.46 | -9.23 | -37.24 | 18.40 | -3.15 | -28.75 | 9.87 | -3.42 | 10.03 | 2.2 | -3.93 | -11.65 | 0 | 0 | -100.0 | 0.31 | 14.81 | -6.06 | 12.85 | 0.0 | 0.0 | 10.68 | 0.0 | 11.48 | 0 | 0 | -100.0 | 20.41 | 4.19 | 7.65 | 31.08 | 2.68 | 8.22 | -0.33 | 8.33 | -145.21 | 20.08 | 4.42 | 1.98 | 0.03 | -0.75 | 18.54 |
| 22Q3 (12) | 28.84 | -15.94 | 27.67 | 1.54 | 6.94 | -44.8 | 1.59 | 6.71 | 0 | 0 | 0 | 0 | 10.53 | -19.98 | -24.84 | 1.92 | -38.85 | -42.69 | 9.32 | -23.42 | -33.43 | 18.99 | -17.99 | -33.12 | 10.22 | -0.29 | 27.43 | 2.29 | 0.88 | 1.78 | 0 | 0 | -100.0 | 0.27 | -6.9 | -22.86 | 12.85 | 0.0 | 0.0 | 10.68 | 0.0 | 11.48 | 0 | 0 | -100.0 | 19.59 | 10.87 | 16.26 | 30.27 | 6.81 | 13.71 | -0.36 | -350.0 | -192.31 | 19.23 | 9.32 | 11.54 | 0.03 | -0.08 | 23.51 |
| 22Q2 (11) | 34.31 | 10.96 | 38.51 | 1.44 | 3.6 | -48.39 | 1.49 | 0 | 0 | 0 | 0 | 0 | 13.16 | 1.23 | -8.48 | 3.14 | 9.41 | 7.53 | 12.17 | -10.78 | -15.89 | 23.16 | -8.71 | -30.57 | 10.25 | 6.55 | 29.26 | 2.27 | -0.44 | 7.58 | 0 | -100.0 | -100.0 | 0.29 | -3.33 | -21.62 | 12.85 | 0.0 | 0.0 | 10.68 | 11.48 | 17.62 | 0 | -100.0 | -100.0 | 17.67 | -19.17 | -2.97 | 28.34 | -10.4 | -0.25 | -0.08 | -113.79 | -118.18 | 17.59 | -21.61 | -5.68 | 0.03 | 13.03 | 22.13 |
| 22Q1 (10) | 30.92 | 19.24 | 31.97 | 1.39 | 3.73 | -51.23 | 0 | 0 | -100.0 | 0 | 0 | 0 | 13.0 | 5.01 | 13.64 | 2.87 | 44.95 | 12.11 | 13.64 | 1.19 | 6.48 | 25.37 | -1.75 | -26.2 | 9.62 | 7.25 | 26.08 | 2.28 | -8.43 | 8.06 | 1.43 | 3.62 | 0 | 0.3 | -9.09 | -23.08 | 12.85 | 0.0 | 0.0 | 9.58 | 0.0 | 5.51 | 0.18 | 0.0 | -83.78 | 21.86 | 15.3 | 42.88 | 31.63 | 10.13 | 24.09 | 0.58 | -20.55 | 1060.0 | 22.44 | 13.97 | 46.19 | 0.03 | 5.75 | -0.99 |
| 21Q4 (9) | 25.93 | 14.79 | 11.91 | 1.34 | -51.97 | -52.98 | 0 | 0 | -100.0 | 0 | 0 | 0 | 12.38 | -11.63 | 30.73 | 1.98 | -40.9 | 130.23 | 13.48 | -3.71 | 16.61 | 25.82 | -9.08 | -21.72 | 8.97 | 11.85 | 52.55 | 2.49 | 10.67 | 21.46 | 1.38 | -0.72 | 0 | 0.33 | -5.71 | -15.38 | 12.85 | 0.0 | 0.0 | 9.58 | 0.0 | 5.51 | 0.18 | 0.0 | -83.78 | 18.96 | 12.52 | 48.82 | 28.72 | 7.89 | 25.25 | 0.73 | 87.18 | 505.56 | 19.69 | 14.21 | 56.77 | 0.03 | 3.42 | -5.94 |
| 21Q3 (8) | 22.59 | -8.8 | -5.16 | 2.79 | 0.0 | -4.12 | 0 | 0 | -100.0 | 0 | 0 | 0 | 14.01 | -2.57 | 73.18 | 3.35 | 14.73 | 69.19 | 14.0 | -3.25 | 34.87 | 28.40 | -14.87 | -4.19 | 8.02 | 1.13 | 40.21 | 2.25 | 6.64 | 10.84 | 1.39 | 0.0 | 0 | 0.35 | -5.41 | -12.5 | 12.85 | 0.0 | 0.0 | 9.58 | 5.51 | 5.51 | 0.18 | -83.78 | -83.78 | 16.85 | -7.47 | 39.03 | 26.62 | -6.3 | 19.27 | 0.39 | -11.36 | 137.14 | 17.24 | -7.56 | 55.74 | 0.03 | -1.19 | -11.73 |
| 21Q2 (7) | 24.77 | 5.72 | -10.03 | 2.79 | -2.11 | -5.74 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 14.38 | 25.7 | 73.88 | 2.92 | 14.06 | 239.53 | 14.47 | 12.96 | 37.55 | 33.36 | -2.95 | 0 | 7.93 | 3.93 | 31.51 | 2.11 | 0.0 | 19.89 | 1.39 | 0 | 0 | 0.37 | -5.13 | -13.95 | 12.85 | 0.0 | 0.0 | 9.08 | 0.0 | 0.0 | 1.11 | 0.0 | 0.0 | 18.21 | 19.02 | 78.7 | 28.41 | 11.46 | 39.33 | 0.44 | 780.0 | 129.73 | 18.65 | 21.5 | 114.12 | 0.03 | -8.38 | -16.76 |
| 21Q1 (6) | 23.43 | 1.12 | -18.48 | 2.85 | 0.0 | -5.63 | 1.43 | 0.7 | 0 | 0 | 0 | 0 | 11.44 | 20.8 | 24.08 | 2.56 | 197.67 | 61.01 | 12.81 | 10.81 | 38.34 | 34.37 | 4.21 | 0 | 7.63 | 29.76 | 30.43 | 2.11 | 2.93 | 18.54 | 0 | 0 | -100.0 | 0.39 | 0.0 | -9.3 | 12.85 | 0.0 | 0.0 | 9.08 | 0.0 | 4.49 | 1.11 | 0.0 | 48.0 | 15.3 | 20.09 | 9.76 | 25.49 | 11.16 | 9.02 | 0.05 | 127.78 | 103.03 | 15.35 | 22.21 | 24.9 | 0.03 | 0.46 | -7.2 |
| 20Q4 (5) | 23.17 | -2.73 | -13.06 | 2.85 | -2.06 | -5.0 | 1.42 | -2.74 | 0 | 0 | 0 | 0 | 9.47 | 17.06 | 0.32 | 0.86 | -56.57 | -39.44 | 11.56 | 11.37 | 18.2 | 32.98 | 11.27 | 0 | 5.88 | 2.8 | 25.37 | 2.05 | 0.99 | 15.82 | 0 | 0 | -100.0 | 0.39 | -2.5 | -13.33 | 12.85 | 0.0 | 0.0 | 9.08 | 0.0 | 4.49 | 1.11 | 0.0 | 48.0 | 12.74 | 5.12 | 3.16 | 22.93 | 2.73 | 5.23 | -0.18 | 82.86 | 83.78 | 12.56 | 13.46 | 11.74 | 0.03 | -2.95 | -6.8 |
| 20Q3 (4) | 23.82 | -13.48 | 0.0 | 2.91 | -1.69 | 0.0 | 1.46 | -1.35 | 0.0 | 0 | 0 | 0.0 | 8.09 | -2.18 | 0.0 | 1.98 | 130.23 | 0.0 | 10.38 | -1.33 | 0.0 | 29.64 | 0 | 0.0 | 5.72 | -5.14 | 0.0 | 2.03 | 15.34 | 0.0 | 0 | 0 | 0.0 | 0.4 | -6.98 | 0.0 | 12.85 | 0.0 | 0.0 | 9.08 | 0.0 | 0.0 | 1.11 | 0.0 | 0.0 | 12.12 | 18.94 | 0.0 | 22.32 | 9.47 | 0.0 | -1.05 | 29.05 | 0.0 | 11.07 | 27.1 | 0.0 | 0.03 | -6.82 | 0.0 |
