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) | 4.91 | -26.28 | 3.38 | -28.54 | 6.36 | 795.77 | 0 | 0 | 43.25 | 13.07 | 0.1 | -41.18 | 10.5 | 25.75 | 24.28 | 11.21 | 20.43 | 31.47 | 0.12 | 9.09 | 10.03 | -32.28 | 1.12 | 0.9 | 20.56 | 12.47 | 0.81 | 2.53 | 0.48 | -40.74 | 0.73 | 8.96 | 2.02 | -11.01 | -0.47 | 0 | 0.26 | -10.34 | 0.00 | 0 |
| 2022 (9) | 6.66 | -28.92 | 4.73 | -46.43 | 0.71 | 39.22 | 0 | 0 | 38.25 | 5.84 | 0.17 | 70.0 | 8.35 | 8.3 | 21.83 | 2.33 | 15.54 | -8.05 | 0.11 | 0.0 | 14.81 | 26.91 | 1.11 | 6.73 | 18.28 | 0.05 | 0.79 | 1.28 | 0.81 | 14.08 | 0.67 | -48.46 | 2.27 | -18.64 | -0.38 | 0 | 0.29 | -40.82 | 0.00 | 0 |
| 2021 (8) | 9.37 | -24.37 | 8.83 | 12.92 | 0.51 | -57.14 | 0 | 0 | 36.14 | -4.32 | 0.1 | -93.06 | 7.71 | -10.87 | 21.33 | -6.85 | 16.9 | 51.98 | 0.11 | 10.0 | 11.67 | 156.48 | 1.04 | 6.12 | 18.27 | 0.05 | 0.78 | 21.88 | 0.71 | 2.9 | 1.3 | -49.61 | 2.79 | -28.46 | -0.81 | 0 | 0.49 | -73.8 | 0.00 | 0 |
| 2020 (7) | 12.39 | 19.25 | 7.82 | 48.67 | 1.19 | 0 | 0 | 0 | 37.77 | -12.2 | 1.44 | -30.1 | 8.65 | 6.66 | 22.90 | 21.48 | 11.12 | -3.3 | 0.1 | -16.67 | 4.55 | -27.43 | 0.98 | 5.38 | 18.26 | 6.72 | 0.64 | 48.84 | 0.69 | 43.75 | 2.58 | -9.15 | 3.9 | 4.0 | -0.71 | 0 | 1.87 | -13.02 | 0.00 | 0 |
| 2019 (6) | 10.39 | 15.19 | 5.26 | -40.5 | 0 | 0 | 0 | 0 | 43.02 | 26.98 | 2.06 | 39.19 | 8.11 | 20.51 | 18.85 | -5.1 | 11.5 | -0.09 | 0.12 | -7.69 | 6.27 | 218.27 | 0.93 | -2.11 | 17.11 | 0.0 | 0.43 | 53.57 | 0.48 | 0.0 | 2.84 | 39.9 | 3.75 | 34.41 | -0.69 | 0 | 2.15 | 32.72 | 0.00 | 0 |
| 2018 (5) | 9.02 | 6.62 | 8.84 | -8.11 | 0.31 | -20.51 | 0 | 0 | 33.88 | 28.53 | 1.48 | 108.45 | 6.73 | -7.3 | 19.86 | -27.88 | 11.51 | 56.17 | 0.13 | -18.75 | 1.97 | -13.6 | 0.95 | 21.79 | 17.11 | 12.49 | 0.28 | 33.33 | 0.48 | 0.0 | 2.03 | 61.11 | 2.79 | 43.08 | -0.41 | 0 | 1.62 | 82.02 | 0.00 | 0 |
| 2017 (4) | 8.46 | 78.86 | 9.62 | 191.52 | 0.39 | -2.5 | 0 | 0 | 26.36 | 6.68 | 0.71 | -31.07 | 7.26 | 18.43 | 27.54 | 11.02 | 7.37 | 31.14 | 0.16 | 0 | 2.28 | -14.61 | 0.78 | 30.0 | 15.21 | 0.0 | 0.21 | 90.91 | 0.48 | 0.0 | 1.26 | -11.27 | 1.95 | -2.99 | -0.37 | 0 | 0.89 | -29.37 | 0.00 | 0 |
| 2016 (3) | 4.73 | 33.62 | 3.3 | 32.53 | 0.4 | 2.56 | 0 | 0 | 24.71 | -3.66 | 1.03 | 80.7 | 6.13 | 20.2 | 24.81 | 24.77 | 5.62 | -4.91 | 0 | 0 | 2.67 | -13.03 | 0.6 | -3.23 | 15.21 | 0.0 | 0.11 | 120.0 | 0.48 | 0.0 | 1.42 | 89.33 | 2.01 | 57.03 | -0.16 | 0 | 1.26 | 24.75 | 0.00 | 0 |
| 2015 (2) | 3.54 | 60.18 | 2.49 | -41.82 | 0.39 | -26.42 | 0 | 0 | 25.65 | 27.55 | 0.57 | 533.33 | 5.1 | 10.39 | 19.88 | -13.45 | 5.91 | -10.86 | 0 | 0 | 3.07 | -20.05 | 0.62 | -6.06 | 15.21 | 18.0 | 0.05 | 25.0 | 0.48 | 0.0 | 0.75 | 275.0 | 1.28 | 75.34 | 0.26 | -23.53 | 1.01 | 87.04 | 0.00 | 0 |
| 2014 (1) | 2.21 | -6.75 | 4.28 | 164.2 | 0.53 | -5.36 | 0 | 0 | 20.11 | 17.05 | 0.09 | -80.43 | 4.62 | 25.2 | 22.97 | 6.96 | 6.63 | 31.29 | 0 | 0 | 3.84 | -3.76 | 0.66 | -2.94 | 12.89 | 0.0 | 0.04 | 0 | 0.48 | 0.0 | 0.2 | -53.49 | 0.73 | -19.78 | 0.34 | 385.71 | 0.54 | 8.0 | 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) | 5.34 | -4.98 | -17.08 | 10.34 | 8.16 | 33.59 | 1.77 | 13.46 | -71.08 | 0 | 0 | 0 | 14.05 | -0.57 | 25.67 | 0.01 | -96.3 | -80.0 | 13.82 | -5.54 | 34.31 | 25.97 | -10.63 | 4.87 | 20.33 | -10.32 | 19.31 | 0.13 | 8.33 | 44.44 | 10.32 | 6.61 | 93.62 | 1.11 | -1.77 | 1.83 | 21.48 | 0.0 | 4.47 | 0.82 | 0.0 | 1.23 | 0.48 | 0.0 | 0.0 | 1.08 | 0.93 | 36.71 | 2.38 | 0.42 | 14.42 | -0.08 | -14.29 | 46.67 | 1.0 | 0.0 | 56.25 | 0.00 | 0 | 0 |
| 24Q2 (19) | 5.62 | 4.46 | -12.05 | 9.56 | 94.31 | 65.11 | 1.56 | -69.35 | 35.65 | 0 | 0 | 0 | 14.13 | 1.87 | 37.85 | 0.27 | -43.75 | 285.71 | 14.63 | 14.93 | 52.4 | 29.06 | 6.07 | 20.06 | 22.67 | 4.37 | 52.05 | 0.12 | 0.0 | 20.0 | 9.68 | 0.31 | -13.18 | 1.13 | 6.6 | 5.61 | 21.48 | 2.53 | 6.65 | 0.82 | 1.23 | 1.23 | 0.48 | 0.0 | 0.0 | 1.07 | 32.1 | 44.59 | 2.37 | 12.86 | 16.75 | -0.07 | 63.16 | 85.11 | 1.0 | 61.29 | 270.37 | 0.00 | 0 | 0 |
| 24Q1 (18) | 5.38 | 9.57 | -17.48 | 4.92 | 45.56 | 4.24 | 5.09 | -19.97 | 430.21 | 0 | 0 | 0 | 13.87 | 24.28 | 30.11 | 0.48 | 900.0 | 1100.0 | 12.73 | 21.24 | 32.6 | 27.40 | 12.86 | 13.14 | 21.72 | 6.31 | 45.38 | 0.12 | 0.0 | 20.0 | 9.65 | -3.79 | -23.9 | 1.06 | -5.36 | -2.75 | 20.95 | 1.9 | 8.27 | 0.81 | 0.0 | 2.53 | 0.48 | 0.0 | -40.74 | 0.81 | 10.96 | 125.0 | 2.1 | 3.96 | 7.14 | -0.19 | 59.57 | 50.0 | 0.62 | 138.46 | 3200.0 | 0.00 | 0 | 0 |
| 23Q4 (17) | 4.91 | -23.76 | -26.28 | 3.38 | -56.33 | -28.54 | 6.36 | 3.92 | 795.77 | 0 | 0 | 0 | 11.16 | -0.18 | 17.97 | -0.06 | -220.0 | 75.0 | 10.5 | 2.04 | 25.75 | 24.28 | -1.97 | 11.21 | 20.43 | 19.89 | 31.47 | 0.12 | 33.33 | 9.09 | 10.03 | 88.18 | -32.28 | 1.12 | 2.75 | 0.9 | 20.56 | 0.0 | 12.47 | 0.81 | 0.0 | 2.53 | 0.48 | 0.0 | -40.74 | 0.73 | -7.59 | 8.96 | 2.02 | -2.88 | -11.01 | -0.47 | -213.33 | -23.68 | 0.26 | -59.38 | -10.34 | 0.00 | 0 | 0 |
| 23Q3 (16) | 6.44 | 0.78 | -20.4 | 7.74 | 33.68 | -18.53 | 6.12 | 432.17 | 155.0 | 0 | 0 | 0 | 11.18 | 9.07 | 20.34 | 0.05 | -28.57 | -82.14 | 10.29 | 7.19 | 16.01 | 24.77 | 2.31 | 4.7 | 17.04 | 14.29 | 17.52 | 0.09 | -10.0 | -18.18 | 5.33 | -52.2 | -46.11 | 1.09 | 1.87 | -4.39 | 20.56 | 2.09 | 12.47 | 0.81 | 0.0 | 2.53 | 0.48 | 0.0 | -40.74 | 0.79 | 6.76 | -10.23 | 2.08 | 2.46 | -16.47 | -0.15 | 68.09 | 16.67 | 0.64 | 137.04 | -8.57 | 0.00 | 0 | 0 |
| 23Q2 (15) | 6.39 | -1.99 | -12.59 | 5.79 | 22.67 | -39.31 | 1.15 | 19.79 | 112.96 | 0 | 0 | 0 | 10.25 | -3.85 | 0.2 | 0.07 | 75.0 | 600.0 | 9.6 | 0.0 | 5.73 | 24.21 | -0.05 | -0.43 | 14.91 | -0.2 | -3.68 | 0.1 | 0.0 | 0.0 | 11.15 | -12.07 | -6.14 | 1.07 | -1.83 | 5.94 | 20.14 | 4.08 | 10.24 | 0.81 | 2.53 | 2.53 | 0.48 | -40.74 | -40.74 | 0.74 | 105.56 | 23.33 | 2.03 | 3.57 | -8.14 | -0.47 | -23.68 | -2.17 | 0.27 | 1450.0 | 92.86 | 0.00 | 0 | 0 |
| 23Q1 (14) | 6.52 | -2.1 | -20.78 | 4.72 | -0.21 | -46.85 | 0.96 | 35.21 | 84.62 | 0 | 0 | 0 | 10.66 | 12.68 | 14.99 | 0.04 | 116.67 | -63.64 | 9.6 | 14.97 | 18.67 | 24.22 | 10.94 | 6.51 | 14.94 | -3.86 | -10.75 | 0.1 | -9.09 | -9.09 | 12.68 | -14.38 | 9.97 | 1.09 | -1.8 | 4.81 | 19.35 | 5.85 | 5.91 | 0.79 | 0.0 | 1.28 | 0.81 | 0.0 | 14.08 | 0.36 | -46.27 | -49.3 | 1.96 | -13.66 | -10.91 | -0.38 | 0.0 | 22.45 | -0.02 | -106.9 | -109.09 | 0.00 | 0 | 0 |
| 22Q4 (13) | 6.66 | -17.68 | -28.92 | 4.73 | -50.21 | -46.43 | 0.71 | -70.42 | 39.22 | 0 | 0 | 0 | 9.46 | 1.83 | 8.61 | -0.24 | -185.71 | -1100.0 | 8.35 | -5.86 | 8.3 | 21.83 | -7.71 | 2.35 | 15.54 | 7.17 | -8.05 | 0.11 | 0.0 | 0.0 | 14.81 | 49.75 | 26.91 | 1.11 | -2.63 | 6.73 | 18.28 | 0.0 | 0.05 | 0.79 | 0.0 | 1.28 | 0.81 | 0.0 | 14.08 | 0.67 | -23.86 | -48.46 | 2.27 | -8.84 | -18.64 | -0.38 | -111.11 | 53.09 | 0.29 | -58.57 | -40.82 | 0.00 | 0 | 0 |
| 22Q3 (12) | 8.09 | 10.67 | -45.52 | 9.5 | -0.42 | -18.59 | 2.4 | 344.44 | -0.41 | 0 | 0 | 0 | 9.29 | -9.19 | 1.64 | 0.28 | 2700.0 | 566.67 | 8.87 | -2.31 | 6.87 | 23.65 | -2.7 | 10.4 | 14.5 | -6.33 | -3.01 | 0.11 | 10.0 | 0.0 | 9.89 | -16.75 | 10.01 | 1.14 | 12.87 | 16.33 | 18.28 | 0.05 | 0.05 | 0.79 | 0.0 | 1.28 | 0.81 | 0.0 | 14.08 | 0.88 | 46.67 | -32.82 | 2.49 | 12.67 | -10.75 | -0.18 | 60.87 | 78.57 | 0.7 | 400.0 | 48.94 | 0.00 | 0 | 0 |
| 22Q2 (11) | 7.31 | -11.18 | -51.78 | 9.54 | 7.43 | 13.57 | 0.54 | 3.85 | -67.47 | 0 | 0 | 0 | 10.23 | 10.36 | 20.92 | 0.01 | -90.91 | 106.25 | 9.08 | 12.24 | 27.53 | 24.31 | 6.92 | 40.5 | 15.48 | -7.53 | 9.01 | 0.1 | -9.09 | 0.0 | 11.88 | 3.04 | 30.55 | 1.01 | -2.88 | 0.0 | 18.27 | 0.0 | 0.0 | 0.79 | 1.28 | 23.44 | 0.81 | 14.08 | 17.39 | 0.6 | -15.49 | -60.78 | 2.21 | 0.45 | -22.73 | -0.46 | 6.12 | 44.58 | 0.14 | -36.36 | -80.0 | 0.00 | 0 | 0 |
| 22Q1 (10) | 8.23 | -12.17 | -45.46 | 8.88 | 0.57 | -8.26 | 0.52 | 1.96 | -54.78 | 0 | 0 | 0 | 9.27 | 6.43 | -5.79 | 0.11 | 650.0 | -68.57 | 8.09 | 4.93 | 2.15 | 22.74 | 6.61 | 9.81 | 16.74 | -0.95 | 38.12 | 0.11 | 0.0 | 10.0 | 11.53 | -1.2 | 162.64 | 1.04 | 0.0 | 4.0 | 18.27 | 0.0 | 0.0 | 0.78 | 0.0 | 21.88 | 0.71 | 0.0 | 2.9 | 0.71 | -45.38 | -75.77 | 2.2 | -21.15 | -48.24 | -0.49 | 39.51 | 32.88 | 0.22 | -55.1 | -90.0 | 0.00 | 0 | 0 |
| 21Q4 (9) | 9.37 | -36.9 | -24.37 | 8.83 | -24.34 | 12.92 | 0.51 | -78.84 | -57.14 | 0 | 0 | 0 | 8.71 | -4.7 | -22.92 | -0.02 | 66.67 | -107.41 | 7.71 | -7.11 | -10.87 | 21.33 | -0.45 | -6.9 | 16.9 | 13.04 | 51.98 | 0.11 | 0.0 | 10.0 | 11.67 | 29.81 | 156.48 | 1.04 | 6.12 | 6.12 | 18.27 | 0.0 | 0.05 | 0.78 | 0.0 | 21.88 | 0.71 | 0.0 | 2.9 | 1.3 | -0.76 | -49.61 | 2.79 | 0.0 | -28.46 | -0.81 | 3.57 | -14.08 | 0.49 | 4.26 | -73.8 | 0.00 | 0 | 0 |
| 21Q3 (8) | 14.85 | -2.04 | 24.48 | 11.67 | 38.93 | 42.49 | 2.41 | 45.18 | 230.14 | 0 | 0 | 0 | 9.14 | 8.04 | -20.87 | -0.06 | 62.5 | -111.11 | 8.3 | 16.57 | -4.82 | 21.42 | 23.82 | -6.81 | 14.95 | 5.28 | 40.9 | 0.11 | 10.0 | 0.0 | 8.99 | -1.21 | 83.84 | 0.98 | -2.97 | 3.16 | 18.27 | 0.0 | 1.33 | 0.78 | 21.88 | 21.88 | 0.71 | 2.9 | 2.9 | 1.31 | -14.38 | -43.29 | 2.79 | -2.45 | -23.35 | -0.84 | -1.2 | -6.33 | 0.47 | -32.86 | -69.08 | 0.00 | 0 | 0 |
| 21Q2 (7) | 15.16 | 0.46 | 57.26 | 8.4 | -13.22 | 19.66 | 1.66 | 44.35 | 107.5 | 0 | 0 | 0 | 8.46 | -14.02 | 52.16 | -0.16 | -145.71 | -300.0 | 7.12 | -10.1 | 17.69 | 17.30 | -16.44 | 0 | 14.2 | 17.16 | 18.23 | 0.1 | 0.0 | -9.09 | 9.1 | 107.29 | 27.81 | 1.01 | 1.0 | 8.6 | 18.27 | 0.0 | 6.78 | 0.64 | 0.0 | 0.0 | 0.69 | 0.0 | 0.0 | 1.53 | -47.78 | -13.56 | 2.86 | -32.71 | -7.74 | -0.83 | -13.7 | 2.35 | 0.7 | -68.18 | -23.91 | 0.00 | 0 | 0 |
| 21Q1 (6) | 15.09 | 21.79 | 86.99 | 9.68 | 23.79 | 218.42 | 1.15 | -3.36 | 0 | 0 | 0 | 0 | 9.84 | -12.92 | 5.24 | 0.35 | 29.63 | -36.36 | 7.92 | -8.44 | 22.6 | 20.71 | -9.61 | 0 | 12.12 | 8.99 | -4.72 | 0.1 | 0.0 | -9.09 | 4.39 | -3.52 | -30.1 | 1.0 | 2.04 | 11.11 | 18.27 | 0.05 | 6.78 | 0.64 | 0.0 | 48.84 | 0.69 | 0.0 | 43.75 | 2.93 | 13.57 | -13.57 | 4.25 | 8.97 | -1.16 | -0.73 | -2.82 | -1.39 | 2.2 | 17.65 | -17.6 | 0.00 | 0 | 0 |
| 20Q4 (5) | 12.39 | 3.86 | 19.25 | 7.82 | -4.52 | 48.67 | 1.19 | 63.01 | 0 | 0 | 0 | 0 | 11.3 | -2.16 | -1.48 | 0.27 | -50.0 | -41.3 | 8.65 | -0.8 | 6.66 | 22.91 | -0.36 | 0 | 11.12 | 4.81 | -3.3 | 0.1 | -9.09 | -16.67 | 4.55 | -6.95 | -27.43 | 0.98 | 3.16 | 5.38 | 18.26 | 1.28 | 6.72 | 0.64 | 0.0 | 48.84 | 0.69 | 0.0 | 43.75 | 2.58 | 11.69 | -9.15 | 3.9 | 7.14 | 4.0 | -0.71 | 10.13 | -2.9 | 1.87 | 23.03 | -13.02 | 0.00 | 0 | 0 |
| 20Q3 (4) | 11.93 | 23.76 | 0.0 | 8.19 | 16.67 | 0.0 | 0.73 | -8.75 | 0.0 | 0 | 0 | 0.0 | 11.55 | 107.73 | 0.0 | 0.54 | 575.0 | 0.0 | 8.72 | 44.13 | 0.0 | 22.99 | 0 | 0.0 | 10.61 | -11.66 | 0.0 | 0.11 | 0.0 | 0.0 | 4.89 | -31.32 | 0.0 | 0.95 | 2.15 | 0.0 | 18.03 | 5.38 | 0.0 | 0.64 | 0.0 | 0.0 | 0.69 | 0.0 | 0.0 | 2.31 | 30.51 | 0.0 | 3.64 | 17.42 | 0.0 | -0.79 | 7.06 | 0.0 | 1.52 | 65.22 | 0.0 | 0.00 | 0 | 0.0 |
