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) | 5.52 | 204.97 | 0.01 | 0 | 1.44 | 251.22 | 0 | 0 | 36.33 | -0.25 | 2.92 | 50.52 | 7.66 | -3.28 | 21.08 | -3.04 | 7.67 | -6.0 | 0 | 0 | 4.12 | -15.92 | 0.08 | 60.0 | 7.63 | 8.69 | 1.03 | 25.61 | 0.04 | 0.0 | 4.3 | 38.71 | 5.36 | 35.35 | 0.16 | -38.46 | 4.46 | 32.74 | 0.00 | 0 |
| 2022 (9) | 1.81 | 15.29 | 0 | 0 | 0.41 | 32.26 | 0 | 0 | 36.42 | -7.42 | 1.94 | -1.52 | 7.92 | -12.97 | 21.75 | -5.99 | 8.16 | -13.92 | 0.1 | -16.67 | 4.9 | -12.34 | 0.05 | 0.0 | 7.02 | 0.57 | 0.82 | 32.26 | 0.04 | 0.0 | 3.1 | 11.91 | 3.96 | 15.45 | 0.26 | 23.81 | 3.36 | 12.75 | 0.00 | 0 |
| 2021 (8) | 1.57 | -45.67 | 0.3 | -70.59 | 0.31 | -39.22 | 0 | 0 | 39.34 | 18.07 | 1.97 | 41.73 | 9.1 | 18.64 | 23.13 | 0.49 | 9.48 | 35.62 | 0.12 | -7.69 | 5.59 | 77.46 | 0.05 | 66.67 | 6.98 | 0.0 | 0.62 | 29.17 | 0.04 | 0.0 | 2.77 | 41.33 | 3.43 | 38.31 | 0.21 | 16.67 | 2.98 | 39.25 | 0.00 | 0 |
| 2020 (7) | 2.89 | 62.36 | 1.02 | -54.67 | 0.51 | 4.08 | 0 | 0 | 33.32 | 11.59 | 1.39 | 178.0 | 7.67 | 6.97 | 23.02 | -4.13 | 6.99 | 5.43 | 0.13 | 0.0 | 3.15 | 4.65 | 0.03 | -25.0 | 6.98 | 0.0 | 0.48 | 11.63 | 0.04 | 0.0 | 1.96 | 216.13 | 2.48 | 127.52 | 0.18 | 5.88 | 2.14 | 170.89 | 0.00 | 0 |
| 2019 (6) | 1.78 | 26.24 | 2.25 | -33.63 | 0.49 | -33.78 | 0 | 0 | 29.86 | 16.23 | 0.5 | 0 | 7.17 | 5.75 | 24.01 | -9.02 | 6.63 | -3.77 | 0.13 | 116.67 | 3.01 | -5.05 | 0.04 | 0.0 | 6.98 | 2.95 | 0.43 | 0.0 | 0.04 | 0.0 | 0.62 | 287.5 | 1.09 | 70.31 | 0.17 | 41.67 | 0.79 | 182.14 | 0.00 | 0 |
| 2018 (5) | 1.41 | -10.19 | 3.39 | 74.74 | 0.74 | 48.0 | 0 | 0 | 25.69 | 6.16 | -0.32 | 0 | 6.78 | 21.07 | 26.39 | 14.05 | 6.89 | 25.05 | 0.06 | -14.29 | 3.17 | 26.29 | 0.04 | -95.12 | 6.78 | 8.31 | 0.43 | 16.22 | 0.04 | 0.0 | 0.16 | -83.16 | 0.64 | -52.94 | 0.12 | 33.33 | 0.28 | -73.08 | 0.00 | 0 |
| 2017 (4) | 1.57 | -21.11 | 1.94 | -45.96 | 0.5 | -10.71 | 0 | 0 | 24.2 | 5.54 | 0.6 | 9.09 | 5.6 | -4.92 | 23.14 | -9.91 | 5.51 | -2.99 | 0.07 | -12.5 | 2.51 | -19.29 | 0.82 | -7.87 | 6.26 | 15.07 | 0.37 | 15.62 | 0.04 | 0.0 | 0.95 | 23.38 | 1.36 | 21.43 | 0.09 | 12.5 | 1.04 | 22.35 | 0.00 | 0 |
| 2016 (3) | 1.99 | 68.64 | 3.59 | -20.4 | 0.56 | -66.06 | 0 | 0 | 22.93 | 13.12 | 0.55 | 400.0 | 5.89 | 9.07 | 25.69 | -3.58 | 5.68 | 17.6 | 0.08 | -11.11 | 3.11 | 3010.0 | 0.89 | -10.1 | 5.44 | 2.45 | 0.32 | 3.23 | 0.04 | 0.0 | 0.77 | 60.42 | 1.12 | 34.94 | 0.08 | 166.67 | 0.85 | 66.67 | 0.00 | 0 |
| 2015 (2) | 1.18 | -22.88 | 4.51 | 7.38 | 1.65 | -39.11 | 0 | 0 | 20.27 | -7.91 | 0.11 | -60.71 | 5.4 | 0.93 | 26.64 | 9.6 | 4.83 | 3.87 | 0.09 | -25.0 | 0.1 | -66.67 | 0.99 | -4.81 | 5.31 | 6.63 | 0.31 | 10.71 | 0.04 | 0.0 | 0.48 | -29.41 | 0.83 | -17.0 | 0.03 | 50.0 | 0.51 | -27.14 | 0.00 | 0 |
| 2014 (1) | 1.53 | -24.26 | 4.2 | 10.53 | 2.71 | 226.51 | 0 | 0 | 22.01 | 8.75 | 0.28 | 180.0 | 5.35 | 6.36 | 24.31 | -2.19 | 4.65 | 15.38 | 0.12 | -14.29 | 0.3 | -87.29 | 1.04 | 5.05 | 4.98 | 4.62 | 0.28 | 3.7 | 0.04 | 0.0 | 0.68 | 58.14 | 1.0 | 35.14 | 0.02 | 0 | 0.7 | 62.79 | 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) | 3.58 | 31.62 | 46.72 | 0 | 0 | 0 | 1.01 | -5.61 | 431.58 | 0 | 0 | 0 | 10.32 | 5.52 | 3.61 | 0.61 | 22.0 | -8.96 | 9.4 | -4.47 | 2.96 | 25.15 | -5.39 | -1.2 | 6.98 | -3.59 | -11.53 | 0 | 0 | 0 | 4.23 | -2.53 | -28.31 | 0.07 | 0.0 | 16.67 | 7.84 | 0.51 | 5.38 | 1.32 | 0.0 | 28.16 | 0.04 | 0.0 | 0.0 | 4.44 | 15.93 | 62.04 | 5.8 | 11.75 | 52.23 | 0.38 | 15.15 | 26.67 | 4.82 | 15.87 | 58.55 | 0.00 | 0 | 0 |
| 24Q2 (19) | 2.72 | -45.27 | 86.3 | 0 | 0 | 0 | 1.07 | -13.71 | 494.44 | 0 | 0 | 0 | 9.78 | 7.83 | 1.45 | 0.5 | 6.38 | -3.85 | 9.84 | 16.31 | -4.28 | 26.58 | 15.87 | -10.25 | 7.24 | -4.99 | -10.84 | 0 | 0 | 0 | 4.34 | 9.32 | -32.29 | 0.07 | -12.5 | 16.67 | 7.8 | 0.91 | 9.24 | 1.32 | 28.16 | 28.16 | 0.04 | 0.0 | 0.0 | 3.83 | 5.51 | 85.02 | 5.19 | 10.66 | 65.29 | 0.33 | 50.0 | 32.0 | 4.16 | 8.05 | 79.31 | 0.00 | 0 | 0 |
| 24Q1 (18) | 4.97 | -9.96 | 262.77 | 0 | -100.0 | 0 | 1.24 | -13.89 | 396.0 | 0 | 0 | 0 | 9.07 | 10.48 | 6.58 | 0.47 | -69.68 | 161.11 | 8.46 | 10.44 | -7.84 | 22.94 | 8.77 | -11.24 | 7.62 | -0.65 | -11.19 | 0 | 0 | -100.0 | 3.97 | -3.64 | -35.66 | 0.08 | 0.0 | 100.0 | 7.73 | 1.31 | 10.11 | 1.03 | 0.0 | 25.61 | 0.04 | 0.0 | 0.0 | 3.63 | -15.58 | 106.25 | 4.69 | -12.5 | 79.01 | 0.22 | 37.5 | -21.43 | 3.85 | -13.68 | 88.73 | 0.00 | 0 | 0 |
| 23Q4 (17) | 5.52 | 126.23 | 204.97 | 0.01 | 0 | 0 | 1.44 | 657.89 | 251.22 | 0 | 0 | 0 | 8.21 | -17.57 | 5.8 | 1.55 | 131.34 | 434.48 | 7.66 | -16.1 | -3.28 | 21.09 | -17.14 | -3.04 | 7.67 | -2.79 | -6.0 | 0 | 0 | -100.0 | 4.12 | -30.17 | -15.92 | 0.08 | 33.33 | 60.0 | 7.63 | 2.55 | 8.69 | 1.03 | 0.0 | 25.61 | 0.04 | 0.0 | 0.0 | 4.3 | 56.93 | 38.71 | 5.36 | 40.68 | 35.35 | 0.16 | -46.67 | -38.46 | 4.46 | 46.71 | 32.74 | 0.00 | 0 | 0 |
| 23Q3 (16) | 2.44 | 67.12 | 54.43 | 0 | 0 | -100.0 | 0.19 | 5.56 | -56.82 | 0 | 0 | 0 | 9.96 | 3.32 | 13.18 | 0.67 | 28.85 | 21.82 | 9.13 | -11.19 | 5.06 | 25.45 | -14.06 | 12.74 | 7.89 | -2.83 | 2.2 | 0 | 0 | -100.0 | 5.9 | -7.96 | 4.8 | 0.06 | 0.0 | 20.0 | 7.44 | 4.2 | 5.98 | 1.03 | 0.0 | 25.61 | 0.04 | 0.0 | 0.0 | 2.74 | 32.37 | 1.48 | 3.81 | 21.34 | 7.02 | 0.3 | 20.0 | 30.43 | 3.04 | 31.03 | 3.75 | 0.00 | 0 | 0 |
| 23Q2 (15) | 1.46 | 6.57 | 17.74 | 0 | 0 | -100.0 | 0.18 | -28.0 | -59.09 | 0 | 0 | 0 | 9.64 | 13.28 | -7.75 | 0.52 | 188.89 | -23.53 | 10.28 | 11.98 | 4.9 | 29.62 | 14.6 | 20.13 | 8.12 | -5.36 | -6.34 | 0 | -100.0 | -100.0 | 6.41 | 3.89 | 22.56 | 0.06 | 50.0 | 0.0 | 7.14 | 1.71 | 1.71 | 1.03 | 25.61 | 25.61 | 0.04 | 0.0 | 0.0 | 2.07 | 17.61 | -3.72 | 3.14 | 19.85 | 4.32 | 0.25 | -10.71 | 13.64 | 2.32 | 13.73 | -2.11 | 0.00 | 0 | 0 |
| 23Q1 (14) | 1.37 | -24.31 | 35.64 | 0 | 0 | -100.0 | 0.25 | -39.02 | -37.5 | 0 | 0 | 0 | 8.51 | 9.66 | -9.47 | 0.18 | -37.93 | -58.14 | 9.18 | 15.91 | 0.22 | 25.84 | 18.81 | 10.66 | 8.58 | 5.15 | -14.2 | 0.1 | 0.0 | -23.08 | 6.17 | 25.92 | 15.76 | 0.04 | -20.0 | -33.33 | 7.02 | 0.0 | 0.0 | 0.82 | 0.0 | 32.26 | 0.04 | 0.0 | 0.0 | 1.76 | -43.23 | 5.39 | 2.62 | -33.84 | 11.97 | 0.28 | 7.69 | 12.0 | 2.04 | -39.29 | 6.25 | 0.00 | 0 | 0 |
| 22Q4 (13) | 1.81 | 14.56 | 15.29 | 0 | -100.0 | -100.0 | 0.41 | -6.82 | 32.26 | 0 | 0 | 0 | 7.76 | -11.82 | -21.14 | 0.29 | -47.27 | -38.3 | 7.92 | -8.86 | -12.97 | 21.75 | -3.65 | -5.99 | 8.16 | 5.7 | -13.92 | 0.1 | 0.0 | -16.67 | 4.9 | -12.97 | -12.34 | 0.05 | 0.0 | 0.0 | 7.02 | 0.0 | 0.57 | 0.82 | 0.0 | 32.26 | 0.04 | 0.0 | 0.0 | 3.1 | 14.81 | 11.91 | 3.96 | 11.24 | 15.45 | 0.26 | 13.04 | 23.81 | 3.36 | 14.68 | 12.75 | 0.00 | 0 | 0 |
| 22Q3 (12) | 1.58 | 27.42 | -36.03 | 0.1 | -50.0 | -82.46 | 0.44 | 0.0 | 15.79 | 0 | 0 | 0 | 8.8 | -15.79 | -12.52 | 0.55 | -19.12 | 10.0 | 8.69 | -11.33 | -5.13 | 22.58 | -8.42 | -7.5 | 7.72 | -10.96 | -23.34 | 0.1 | 0.0 | -16.67 | 5.63 | 7.65 | -7.4 | 0.05 | -16.67 | -16.67 | 7.02 | 0.0 | 0.57 | 0.82 | 0.0 | 32.26 | 0.04 | 0.0 | 0.0 | 2.7 | 25.58 | 17.9 | 3.56 | 18.27 | 20.68 | 0.23 | 4.55 | 15.0 | 2.93 | 23.63 | 17.67 | 0.00 | 0 | 0 |
| 22Q2 (11) | 1.24 | 22.77 | -29.55 | 0.2 | 0.0 | -86.84 | 0.44 | 10.0 | -49.43 | 0 | 0 | 0 | 10.45 | 11.17 | 5.34 | 0.68 | 58.14 | 36.0 | 9.8 | 6.99 | -1.9 | 24.65 | 5.56 | -10.49 | 8.67 | -13.3 | -5.56 | 0.1 | -23.08 | -16.67 | 5.23 | -1.88 | 72.61 | 0.06 | 0.0 | 0.0 | 7.02 | 0.0 | 0.57 | 0.82 | 32.26 | 70.83 | 0.04 | 0.0 | 0.0 | 2.15 | 28.74 | 11.4 | 3.01 | 28.63 | 22.36 | 0.22 | -12.0 | 4.76 | 2.37 | 23.44 | 10.75 | 0.00 | 0 | 0 |
| 22Q1 (10) | 1.01 | -35.67 | -45.7 | 0.2 | -33.33 | -89.07 | 0.4 | 29.03 | -43.66 | 0 | 0 | 0 | 9.4 | -4.47 | -1.16 | 0.43 | -8.51 | -15.69 | 9.16 | 0.66 | -3.88 | 23.36 | 0.94 | -12.19 | 10.0 | 5.49 | 28.87 | 0.13 | 8.33 | 8.33 | 5.33 | -4.65 | 88.34 | 0.06 | 20.0 | 100.0 | 7.02 | 0.57 | 0.57 | 0.62 | 0.0 | 29.17 | 0.04 | 0.0 | 0.0 | 1.67 | -39.71 | 15.97 | 2.34 | -31.78 | 19.39 | 0.25 | 19.05 | 31.58 | 1.92 | -35.57 | 17.79 | 0.00 | 0 | 0 |
| 21Q4 (9) | 1.57 | -36.44 | -45.67 | 0.3 | -47.37 | -70.59 | 0.31 | -18.42 | -39.22 | 0 | 0 | 0 | 9.84 | -2.19 | 22.39 | 0.47 | -6.0 | 2.17 | 9.1 | -0.66 | 18.64 | 23.14 | -5.2 | 0.51 | 9.48 | -5.86 | 35.62 | 0.12 | 0.0 | -7.69 | 5.59 | -8.06 | 77.46 | 0.05 | -16.67 | 66.67 | 6.98 | 0.0 | 0.0 | 0.62 | 0.0 | 29.17 | 0.04 | 0.0 | 0.0 | 2.77 | 20.96 | 41.33 | 3.43 | 16.27 | 38.31 | 0.21 | 5.0 | 16.67 | 2.98 | 19.68 | 39.25 | 0.00 | 0 | 0 |
| 21Q3 (8) | 2.47 | 40.34 | 13.82 | 0.57 | -62.5 | -68.85 | 0.38 | -56.32 | -20.83 | 0 | 0 | 0 | 10.06 | 1.41 | 14.32 | 0.5 | 0.0 | 8.7 | 9.16 | -8.31 | 3.27 | 24.41 | -11.39 | -9.66 | 10.07 | 9.69 | 61.12 | 0.12 | 0.0 | 0.0 | 6.08 | 100.66 | 85.37 | 0.06 | 0.0 | 100.0 | 6.98 | 0.0 | 0.0 | 0.62 | 29.17 | 29.17 | 0.04 | 0.0 | 0.0 | 2.29 | 18.65 | 51.66 | 2.95 | 19.92 | 45.32 | 0.2 | -4.76 | 17.65 | 2.49 | 16.36 | 48.21 | 0.00 | 0 | 0 |
| 21Q2 (7) | 1.76 | -5.38 | -19.27 | 1.52 | -16.94 | -41.09 | 0.87 | 22.54 | 135.14 | 0 | 0 | 0 | 9.92 | 4.31 | 4.64 | 0.5 | -1.96 | 66.67 | 9.99 | 4.83 | 10.75 | 27.54 | 3.56 | 0 | 9.18 | 18.3 | 48.3 | 0.12 | 0.0 | 0.0 | 3.03 | 7.07 | -4.11 | 0.06 | 100.0 | 50.0 | 6.98 | 0.0 | 0.0 | 0.48 | 0.0 | 0.0 | 0.04 | 0.0 | 0.0 | 1.93 | 34.03 | 83.81 | 2.46 | 25.51 | 56.69 | 0.21 | 10.53 | 16.67 | 2.14 | 31.29 | 73.98 | 0.00 | 0 | 0 |
| 21Q1 (6) | 1.86 | -35.64 | -17.7 | 1.83 | 79.41 | -21.46 | 0.71 | 39.22 | 29.09 | 0 | 0 | 0 | 9.51 | 18.28 | 35.86 | 0.51 | 10.87 | 200.0 | 9.53 | 24.25 | 39.12 | 26.60 | 15.55 | 0 | 7.76 | 11.02 | 16.34 | 0.12 | -7.69 | -7.69 | 2.83 | -10.16 | -13.46 | 0.03 | 0.0 | -25.0 | 6.98 | 0.0 | 0.0 | 0.48 | 0.0 | 11.63 | 0.04 | 0.0 | 0.0 | 1.44 | -26.53 | 82.28 | 1.96 | -20.97 | 54.33 | 0.19 | 5.56 | 11.76 | 1.63 | -23.83 | 69.79 | 0.00 | 0 | 0 |
| 20Q4 (5) | 2.89 | 33.18 | 62.36 | 1.02 | -44.26 | -54.67 | 0.51 | 6.25 | 4.08 | 0 | 0 | 0 | 8.04 | -8.64 | 6.49 | 0.46 | 0.0 | 283.33 | 7.67 | -13.53 | 6.97 | 23.02 | -14.8 | 0 | 6.99 | 11.84 | 5.43 | 0.13 | 8.33 | 0.0 | 3.15 | -3.96 | 4.65 | 0.03 | 0.0 | -25.0 | 6.98 | 0.0 | 0.0 | 0.48 | 0.0 | 11.63 | 0.04 | 0.0 | 0.0 | 1.96 | 29.8 | 216.13 | 2.48 | 22.17 | 127.52 | 0.18 | 5.88 | 5.88 | 2.14 | 27.38 | 170.89 | 0.00 | 0 | 0 |
| 20Q3 (4) | 2.17 | -0.46 | 0.0 | 1.83 | -29.07 | 0.0 | 0.48 | 29.73 | 0.0 | 0 | 0 | 0.0 | 8.8 | -7.17 | 0.0 | 0.46 | 53.33 | 0.0 | 8.87 | -1.66 | 0.0 | 27.02 | 0 | 0.0 | 6.25 | 0.97 | 0.0 | 0.12 | 0.0 | 0.0 | 3.28 | 3.8 | 0.0 | 0.03 | -25.0 | 0.0 | 6.98 | 0.0 | 0.0 | 0.48 | 0.0 | 0.0 | 0.04 | 0.0 | 0.0 | 1.51 | 43.81 | 0.0 | 2.03 | 29.3 | 0.0 | 0.17 | -5.56 | 0.0 | 1.68 | 36.59 | 0.0 | 0.00 | 0 | 0.0 |
