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) | 25.23 | 37.27 | 4.19 | 319.0 | 4.3 | 19.11 | 0 | 0 | 66.04 | 5.04 | 7.15 | 20.98 | 24.56 | 15.69 | 37.19 | 10.13 | 9.13 | -11.1 | 0.23 | 9.52 | 20.99 | -7.16 | 1.79 | -2.19 | 14.9 | 6.28 | 2.91 | 25.97 | 2.46 | 106.72 | 18.12 | 22.6 | 23.49 | 28.57 | -2.4 | 0 | 15.72 | 27.6 | 0.01 | -21.72 |
| 2022 (9) | 18.38 | 68.93 | 1.0 | -34.21 | 3.61 | 0 | 0 | 0 | 62.87 | -6.96 | 5.91 | 4.42 | 21.23 | -6.52 | 33.77 | 0.47 | 10.27 | -7.81 | 0.21 | -92.78 | 22.61 | 55.18 | 1.83 | -3.17 | 14.02 | 0.0 | 2.31 | 33.53 | 1.19 | 120.37 | 14.78 | 35.97 | 18.27 | 39.04 | -2.46 | 0 | 12.32 | 27.27 | 0.01 | 0 |
| 2021 (8) | 10.88 | -24.6 | 1.52 | 0 | 0 | 0 | 0 | 0 | 67.57 | 21.46 | 5.66 | 56.79 | 22.71 | 5.82 | 33.61 | -12.88 | 11.14 | 56.9 | 2.91 | 2545.45 | 14.57 | 189.09 | 1.89 | -3.08 | 14.02 | 0.0 | 1.73 | 24.46 | 0.54 | -67.27 | 10.87 | 154.57 | 13.14 | 80.0 | -1.19 | 0 | 9.68 | 159.52 | 0.00 | 0 |
| 2020 (7) | 14.43 | 18.38 | 0 | 0 | 0 | 0 | 0 | 0 | 55.63 | 31.51 | 3.61 | 85.13 | 21.46 | 42.88 | 38.58 | 8.64 | 7.1 | 47.92 | 0.11 | 120.0 | 5.04 | 126.01 | 1.95 | -5.34 | 14.02 | 0.0 | 1.39 | 15.83 | 1.65 | 15.38 | 4.27 | 116.75 | 7.3 | 58.35 | -0.54 | 0 | 3.73 | 1065.62 | 0.00 | 0 |
| 2019 (6) | 12.19 | -48.02 | 0 | 0 | 0.88 | 0.0 | 0 | 0 | 42.3 | 5.8 | 1.95 | -26.42 | 15.02 | 0.0 | 35.51 | -5.48 | 4.8 | -6.07 | 0.05 | -50.0 | 2.23 | -28.3 | 2.06 | 390.48 | 14.02 | -5.01 | 1.2 | 27.66 | 1.43 | 450.0 | 1.97 | -28.62 | 4.61 | 16.41 | -1.65 | 0 | 0.32 | -75.94 | 0.00 | 0 |
| 2018 (5) | 23.45 | 46.11 | 3.69 | -75.35 | 0.88 | 29.41 | 0 | 0 | 39.98 | 6.39 | 2.65 | 211.76 | 15.02 | 7.59 | 37.57 | 1.13 | 5.11 | 0.39 | 0.1 | -94.97 | 3.11 | -22.25 | 0.42 | 121.05 | 14.76 | 43.86 | 0.94 | 10.59 | 0.26 | 85.71 | 2.76 | 217.24 | 3.96 | 112.9 | -1.43 | 0 | 1.33 | 118.03 | 0.00 | 0 |
| 2017 (4) | 16.05 | 18.01 | 14.97 | 21.31 | 0.68 | -87.48 | 0 | 0 | 37.58 | 21.23 | 0.85 | 44.07 | 13.96 | 35.4 | 37.15 | 11.69 | 5.09 | 7.84 | 1.99 | 6.42 | 4.0 | 0 | 0.19 | 0 | 10.26 | 0.0 | 0.85 | 6.25 | 0.14 | 55.56 | 0.87 | 58.18 | 1.86 | 29.17 | -0.26 | 0 | 0.61 | 22.0 | 0.00 | 0 |
| 2016 (3) | 13.6 | 8.11 | 12.34 | 0.49 | 5.43 | 74.6 | 0 | 0 | 31.0 | -8.85 | 0.59 | -40.4 | 10.31 | -8.44 | 33.26 | 0.45 | 4.72 | -17.34 | 1.87 | 1.08 | 0 | 0 | 0 | 0 | 10.26 | 0.0 | 0.8 | 14.29 | 0.09 | 0.0 | 0.55 | -47.62 | 1.44 | -21.74 | -0.05 | 0 | 0.5 | -75.12 | 0.00 | 0 |
| 2015 (2) | 12.58 | 19.47 | 12.28 | -3.08 | 3.11 | -47.29 | 0 | 0 | 34.01 | 1.01 | 0.99 | -4.81 | 11.26 | -11.89 | 33.11 | -12.77 | 5.71 | -9.08 | 1.85 | -10.19 | 4.78 | 79.7 | 0 | 0 | 10.26 | 0.1 | 0.7 | 16.67 | 0.09 | 0.0 | 1.05 | 2.94 | 1.84 | 7.6 | 0.96 | -70.64 | 2.01 | -53.15 | 0.00 | 0 |
| 2014 (1) | 10.53 | 23.59 | 12.67 | 97.35 | 5.9 | -6.65 | 0 | 0 | 33.67 | 20.04 | 1.04 | 112.24 | 12.78 | 34.1 | 37.96 | 11.72 | 6.28 | 44.04 | 2.06 | -26.16 | 2.66 | -31.44 | 0 | 0 | 10.25 | 3.22 | 0.6 | 9.09 | 0.09 | 0.0 | 1.02 | 117.02 | 1.71 | 54.05 | 3.27 | 131.91 | 4.29 | 128.19 | 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) | 9.59 | -43.56 | -65.29 | 11.4 | 137.5 | 34.12 | 4.9 | 1.24 | -39.43 | 0 | 0 | 0 | 19.8 | 9.21 | 10.43 | 1.71 | -36.43 | -41.84 | 25.78 | 2.96 | 5.35 | 35.31 | 0.32 | -8.47 | 10.55 | 2.53 | 18.14 | 0.2 | 0.0 | -16.67 | 19.65 | -5.48 | 5.48 | 1.69 | -2.31 | -4.52 | 14.9 | 0.0 | 0.0 | 3.67 | 0.0 | 26.12 | 2.4 | 0.0 | -2.44 | 21.43 | 8.67 | 26.73 | 27.5 | 6.63 | 23.43 | -0.74 | 37.29 | 62.05 | 20.69 | 11.6 | 38.3 | 0.01 | -7.48 | -21.55 |
| 24Q2 (19) | 16.99 | 6.99 | -36.46 | 4.8 | 14.83 | -55.76 | 4.84 | -1.63 | -39.5 | 0 | 0 | 0 | 18.13 | 4.26 | 13.88 | 2.69 | 3.86 | 21.17 | 25.04 | 0.2 | 16.47 | 35.20 | -2.91 | 0.98 | 10.29 | 1.88 | 14.46 | 0.2 | -13.04 | -4.76 | 20.79 | 7.11 | 14.93 | 1.73 | -1.14 | -3.35 | 14.9 | 0.0 | 6.28 | 3.67 | 26.12 | 26.12 | 2.4 | -2.44 | -2.44 | 19.72 | -4.78 | 41.26 | 25.79 | -1.11 | 33.42 | -1.18 | 23.38 | 55.97 | 18.54 | -3.29 | 64.36 | 0.01 | -2.41 | -26.48 |
| 24Q1 (18) | 15.88 | -37.06 | -32.05 | 4.18 | -0.24 | 103.9 | 4.92 | 14.42 | -31.86 | 0 | 0 | 0 | 17.39 | -1.7 | 19.93 | 2.59 | 117.65 | 223.75 | 24.99 | 1.75 | 25.45 | 36.25 | -2.52 | 12.69 | 10.1 | 10.62 | 3.38 | 0.23 | 0.0 | 15.0 | 19.41 | -7.53 | -1.72 | 1.75 | -2.23 | -2.23 | 14.9 | 0.0 | 6.28 | 2.91 | 0.0 | 25.97 | 2.46 | 0.0 | 106.72 | 20.71 | 14.29 | 32.93 | 26.08 | 11.03 | 36.76 | -1.54 | 35.83 | 7.78 | 19.17 | 21.95 | 37.81 | 0.01 | -8.99 | -26.81 |
| 23Q4 (17) | 25.23 | -8.69 | 37.27 | 4.19 | -50.71 | 319.0 | 4.3 | -46.85 | 19.11 | 0 | 0 | 0 | 17.69 | -1.34 | 17.31 | 1.19 | -59.52 | 12000.0 | 24.56 | 0.37 | 15.69 | 37.19 | -3.6 | 10.15 | 9.13 | 2.24 | -11.1 | 0.23 | -4.17 | 9.52 | 20.99 | 12.67 | -7.16 | 1.79 | 1.13 | -2.19 | 14.9 | 0.0 | 6.28 | 2.91 | 0.0 | 25.97 | 2.46 | 0.0 | 106.72 | 18.12 | 7.16 | 22.6 | 23.49 | 5.43 | 28.57 | -2.4 | -23.08 | 2.44 | 15.72 | 5.08 | 27.6 | 0.01 | -4.53 | -21.72 |
| 23Q3 (16) | 27.63 | 3.33 | 25.42 | 8.5 | -21.66 | 40.03 | 8.09 | 1.12 | 281.6 | 0 | 0 | 0 | 17.93 | 12.63 | 10.82 | 2.94 | 32.43 | 26.18 | 24.47 | 13.81 | 3.03 | 38.58 | 10.67 | 4.3 | 8.93 | -0.67 | -23.15 | 0.24 | 14.29 | 9.09 | 18.63 | 2.99 | -11.66 | 1.77 | -1.12 | -44.34 | 14.9 | 6.28 | 6.28 | 2.91 | 0.0 | 25.97 | 2.46 | 0.0 | 106.72 | 16.91 | 21.13 | 14.88 | 22.28 | 15.26 | 22.28 | -1.95 | 27.24 | 1.02 | 14.96 | 32.62 | 17.33 | 0.01 | -13.3 | 44.02 |
| 23Q2 (15) | 26.74 | 14.42 | 67.54 | 10.85 | 429.27 | 1947.17 | 8.0 | 10.8 | 607.96 | 0 | 0 | 0 | 15.92 | 9.79 | -1.49 | 2.22 | 177.5 | 3.26 | 21.5 | 7.93 | -4.1 | 34.86 | 8.35 | 1.99 | 8.99 | -7.98 | -28.08 | 0.21 | 5.0 | -93.62 | 18.09 | -8.41 | -18.11 | 1.79 | 0.0 | -3.24 | 14.02 | 0.0 | 0.0 | 2.91 | 25.97 | 25.97 | 2.46 | 106.72 | 106.72 | 13.96 | -10.4 | 12.67 | 19.33 | 1.36 | 21.65 | -2.68 | -60.48 | -62.42 | 11.28 | -18.91 | 5.03 | 0.01 | -2.84 | 0 |
| 23Q1 (14) | 23.37 | 27.15 | 87.11 | 2.05 | 105.0 | -63.0 | 7.22 | 100.0 | 2788.0 | 0 | 0 | 0 | 14.5 | -3.85 | -6.21 | 0.8 | 8100.0 | -44.06 | 19.92 | -6.17 | -12.4 | 32.17 | -4.72 | -5.27 | 9.77 | -4.87 | -19.98 | 0.2 | -4.76 | -93.98 | 19.75 | -12.65 | 37.92 | 1.79 | -2.19 | -4.28 | 14.02 | 0.0 | 0.0 | 2.31 | 0.0 | 33.53 | 1.19 | 0.0 | 120.37 | 15.58 | 5.41 | 26.67 | 19.07 | 4.38 | 30.89 | -1.67 | 32.11 | -138.57 | 13.91 | 12.91 | 19.91 | 0.01 | -2.67 | 0 |
| 22Q4 (13) | 18.38 | -16.57 | 68.93 | 1.0 | -83.53 | -34.21 | 3.61 | 70.28 | 0 | 0 | 0 | 0 | 15.08 | -6.8 | -8.1 | -0.01 | -100.43 | -100.72 | 21.23 | -10.61 | -6.52 | 33.76 | -8.72 | 0.46 | 10.27 | -11.62 | -7.81 | 0.21 | -4.55 | -92.78 | 22.61 | 7.21 | 55.18 | 1.83 | -42.45 | -3.17 | 14.02 | 0.0 | 0.0 | 2.31 | 0.0 | 33.53 | 1.19 | 0.0 | 120.37 | 14.78 | 0.41 | 35.97 | 18.27 | 0.27 | 39.04 | -2.46 | -24.87 | -106.72 | 12.32 | -3.37 | 27.27 | 0.01 | 75.66 | 0 |
| 22Q3 (12) | 22.03 | 38.03 | 128.76 | 6.07 | 1045.28 | -37.55 | 2.12 | 87.61 | 0 | 0 | 0 | 0 | 16.18 | 0.12 | -7.91 | 2.33 | 8.37 | 45.62 | 23.75 | 5.93 | 5.32 | 36.99 | 8.23 | 10.0 | 11.62 | -7.04 | 16.9 | 0.22 | -93.31 | -92.39 | 21.09 | -4.53 | 151.67 | 3.18 | 71.89 | 67.37 | 14.02 | 0.0 | 0.0 | 2.31 | 0.0 | 33.53 | 1.19 | 0.0 | 120.37 | 14.72 | 18.81 | 55.93 | 18.22 | 14.66 | 55.59 | -1.97 | -19.39 | -9.44 | 12.75 | 18.72 | 66.88 | 0.00 | 0 | 0 |
| 22Q2 (11) | 15.96 | 27.78 | 104.88 | 0.53 | -90.43 | -92.08 | 1.13 | 352.0 | 0 | 0 | 0 | 0 | 16.16 | 4.53 | -7.76 | 2.15 | 50.35 | 55.8 | 22.42 | -1.41 | 2.0 | 34.18 | 0.64 | 2.98 | 12.5 | 2.38 | 38.58 | 3.29 | -0.9 | 13.06 | 22.09 | 54.26 | 276.96 | 1.85 | -1.07 | -1.6 | 14.02 | 0.0 | 0.0 | 2.31 | 33.53 | 66.19 | 1.19 | 120.37 | -27.88 | 12.39 | 0.73 | 75.25 | 15.89 | 9.06 | 57.33 | -1.65 | -135.71 | -21.32 | 10.74 | -7.41 | 88.09 | 0.00 | 0 | 0 |
| 22Q1 (10) | 12.49 | 14.8 | -13.14 | 5.54 | 264.47 | 427.62 | 0.25 | 0 | 0 | 0 | 0 | 0 | 15.46 | -5.79 | -3.8 | 1.43 | 2.88 | 10.85 | 22.74 | 0.13 | 8.03 | 33.96 | 1.04 | -1.12 | 12.21 | 9.61 | 41.81 | 3.32 | 14.09 | 2666.67 | 14.32 | -1.72 | 178.6 | 1.87 | -1.06 | -1.58 | 14.02 | 0.0 | 0.0 | 1.73 | 0.0 | 24.46 | 0.54 | 0.0 | -67.27 | 12.3 | 13.16 | 121.22 | 14.57 | 10.88 | 69.42 | -0.7 | 41.18 | -150.0 | 11.6 | 19.83 | 119.7 | 0.00 | 0 | 0 |
| 21Q4 (9) | 10.88 | 12.98 | -24.6 | 1.52 | -84.36 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.41 | -6.6 | 3.21 | 1.39 | -13.12 | 67.47 | 22.71 | 0.71 | 5.82 | 33.61 | -0.05 | -15.26 | 11.14 | 12.07 | 56.9 | 2.91 | 0.69 | 2545.45 | 14.57 | 73.87 | 189.09 | 1.89 | -0.53 | -3.08 | 14.02 | 0.0 | 0.0 | 1.73 | 0.0 | 24.46 | 0.54 | 0.0 | -67.27 | 10.87 | 15.15 | 154.57 | 13.14 | 12.21 | 80.0 | -1.19 | 33.89 | -120.37 | 9.68 | 26.7 | 159.52 | 0.00 | 0 | 0 |
| 21Q3 (8) | 9.63 | 23.62 | -34.8 | 9.72 | 45.29 | 386.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 17.57 | 0.29 | 4.96 | 1.6 | 15.94 | 6.67 | 22.55 | 2.59 | 8.26 | 33.63 | 1.32 | -19.96 | 9.94 | 10.2 | 50.38 | 2.89 | -0.69 | 2790.0 | 8.38 | 43.0 | 197.16 | 1.9 | 1.06 | -4.52 | 14.02 | 0.0 | 0.0 | 1.73 | 24.46 | 24.46 | 0.54 | -67.27 | -67.27 | 9.44 | 33.52 | 157.92 | 11.71 | 15.94 | 74.78 | -1.8 | -32.35 | -44.0 | 7.64 | 33.8 | 217.01 | 0.00 | 0 | 0 |
| 21Q2 (7) | 7.79 | -45.83 | -44.56 | 6.69 | 537.14 | 569.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 17.52 | 9.02 | 39.27 | 1.38 | 6.98 | 68.29 | 21.98 | 4.42 | 39.2 | 33.19 | -3.37 | 0 | 9.02 | 4.76 | 56.87 | 2.91 | 2325.0 | 3133.33 | 5.86 | 14.01 | 95.33 | 1.88 | -1.05 | -4.08 | 14.02 | 0.0 | 0.0 | 1.39 | 0.0 | 0 | 1.65 | 0.0 | 0 | 7.07 | 27.16 | 0 | 10.1 | 17.44 | 94.23 | -1.36 | -385.71 | 45.82 | 5.71 | 8.14 | 327.49 | 0.00 | 0 | 0 |
| 21Q1 (6) | 14.38 | -0.35 | 9.02 | 1.05 | 0 | -47.5 | 0 | 0 | -100.0 | 0 | 0 | 0 | 16.07 | 1.07 | 80.76 | 1.29 | 55.42 | 168.75 | 21.05 | -1.91 | 66.4 | 34.34 | -13.4 | 0 | 8.61 | 21.27 | 63.07 | 0.12 | 9.09 | 50.0 | 5.14 | 1.98 | 88.97 | 1.9 | -2.56 | -5.47 | 14.02 | 0.0 | 0.0 | 1.39 | 0.0 | 15.83 | 1.65 | 0.0 | 15.38 | 5.56 | 30.21 | 126.94 | 8.6 | 17.81 | 68.96 | -0.28 | 48.15 | 89.63 | 5.28 | 41.55 | 2212.0 | 0.00 | 0 | 0 |
| 20Q4 (5) | 14.43 | -2.3 | 18.38 | 0 | -100.0 | 0 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 15.9 | -5.02 | 39.84 | 0.83 | -44.67 | 107.5 | 21.46 | 3.02 | 42.88 | 39.66 | -5.6 | 0 | 7.1 | 7.41 | 47.92 | 0.11 | 10.0 | 120.0 | 5.04 | 78.72 | 126.01 | 1.95 | -2.01 | -5.34 | 14.02 | 0.0 | 0.0 | 1.39 | 0.0 | 15.83 | 1.65 | 0.0 | 15.38 | 4.27 | 16.67 | 116.75 | 7.3 | 8.96 | 58.35 | -0.54 | 56.8 | 67.27 | 3.73 | 54.77 | 1065.62 | 0.00 | 0 | 0 |
| 20Q3 (4) | 14.77 | 5.12 | 0.0 | 2.0 | 100.0 | 0.0 | 0.88 | 0.0 | 0.0 | 0 | 0 | 0.0 | 16.74 | 33.07 | 0.0 | 1.5 | 82.93 | 0.0 | 20.83 | 31.92 | 0.0 | 42.01 | 0 | 0.0 | 6.61 | 14.96 | 0.0 | 0.1 | 11.11 | 0.0 | 2.82 | -6.0 | 0.0 | 1.99 | 1.53 | 0.0 | 14.02 | 0.0 | 0.0 | 1.39 | 0 | 0.0 | 1.65 | 0 | 0.0 | 3.66 | 0 | 0.0 | 6.7 | 28.85 | 0.0 | -1.25 | 50.2 | 0.0 | 2.41 | 196.02 | 0.0 | 0.00 | 0 | 0.0 |
