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) | 5.66 | -70.61 | 0.56 | -84.14 | 0 | 0 | 0 | 0 | 26.38 | -6.15 | 4.06 | -11.55 | 5.52 | 99.28 | 20.92 | 112.35 | 3.96 | -16.46 | 4.13 | 664.81 | 0 | 0 | 0.77 | -9.41 | 9.93 | 6.77 | 4.51 | 11.36 | 0.06 | 200.0 | 13.97 | 0.0 | 18.55 | 2.77 | -0.54 | 0 | 13.43 | 0.3 | 0.03 | 8.53 |
| 2022 (9) | 19.26 | 4.33 | 3.53 | 0 | 0 | 0 | 0 | 0 | 28.11 | -32.13 | 4.59 | -51.22 | 2.77 | -74.47 | 9.85 | -62.38 | 4.74 | -3.27 | 0.54 | 0 | 0 | 0 | 0.85 | -11.46 | 9.3 | 1.64 | 4.05 | 30.23 | 0.02 | -84.62 | 13.97 | -17.04 | 18.05 | -10.11 | -0.58 | 0 | 13.39 | -18.6 | 0.03 | -12.6 |
| 2021 (8) | 18.46 | 50.2 | 0 | 0 | 0 | 0 | 0 | 0 | 41.42 | 29.92 | 9.41 | 77.21 | 10.85 | 53.47 | 26.20 | 18.12 | 4.9 | 4.26 | 0 | 0 | 0 | 0 | 0.96 | 14.29 | 9.15 | 1.1 | 3.11 | 20.08 | 0.13 | 0.0 | 16.84 | 41.16 | 20.08 | 37.06 | -0.39 | 0 | 16.45 | 41.81 | 0.04 | -24.36 |
| 2020 (7) | 12.29 | -6.82 | 0 | 0 | 0 | 0 | 0 | 0 | 31.88 | 15.42 | 5.31 | 5.57 | 7.07 | 4.28 | 22.18 | -9.66 | 4.7 | 56.15 | 0 | 0 | 0 | 0 | 0.84 | 7.69 | 9.05 | 13.69 | 2.59 | 24.52 | 0.13 | 333.33 | 11.93 | 7.38 | 14.65 | 10.82 | -0.33 | 0 | 11.6 | 5.65 | 0.05 | 13.02 |
| 2019 (6) | 13.19 | 98.94 | 0 | 0 | 0 | 0 | 0 | 0 | 27.62 | -4.92 | 5.03 | -10.5 | 6.78 | 12.62 | 24.55 | 18.46 | 3.01 | -29.67 | 0 | 0 | 0 | 0 | 0.78 | -7.14 | 7.96 | 6.56 | 2.08 | 36.84 | 0.03 | 0 | 11.11 | 8.6 | 13.22 | 12.51 | -0.13 | 0 | 10.98 | 12.73 | 0.04 | 43.85 |
| 2018 (5) | 6.63 | -11.13 | 1.38 | 0 | 0.09 | 350.0 | 0 | 0 | 29.05 | 6.14 | 5.62 | 27.15 | 6.02 | 3.08 | 20.72 | -2.88 | 4.28 | -7.96 | 0 | 0 | 0 | 0 | 0.84 | -3.45 | 7.47 | 7.02 | 1.52 | 40.74 | 0 | 0 | 10.23 | 32.86 | 11.75 | 33.83 | -0.49 | 0 | 9.74 | 26.82 | 0.03 | -32.76 |
| 2017 (4) | 7.46 | 31.34 | 0 | 0 | 0.02 | -60.0 | 0 | 0 | 27.37 | 12.22 | 4.42 | 36.84 | 5.84 | 28.92 | 21.34 | 14.88 | 4.65 | 11.51 | 0 | 0 | 0.42 | -56.7 | 0.87 | 2075.0 | 6.98 | 5.92 | 1.08 | 42.11 | 0 | 0 | 7.7 | 48.65 | 8.78 | 47.81 | -0.02 | 0 | 7.68 | 51.78 | 0.04 | 0 |
| 2016 (3) | 5.68 | -4.38 | 0 | 0 | 0.05 | -16.67 | 0 | 0 | 24.39 | 16.31 | 3.23 | 70.0 | 4.53 | -19.82 | 18.57 | -31.07 | 4.17 | 29.1 | 0 | 0 | 0.97 | -11.01 | 0.04 | -42.86 | 6.59 | -0.15 | 0.76 | 33.33 | 0 | 0 | 5.18 | 55.56 | 5.94 | 52.31 | -0.12 | 0 | 5.06 | 74.48 | 0.00 | 0 |
| 2015 (2) | 5.94 | 65.46 | 1.2 | 0 | 0.06 | 0.0 | 0 | 0 | 20.97 | 28.73 | 1.9 | 25.83 | 5.65 | 83.44 | 26.94 | 42.5 | 3.23 | -11.75 | 0 | 0 | 1.09 | -4.39 | 0.07 | -12.5 | 6.6 | 4.93 | 0.57 | 39.02 | 0 | 0 | 3.33 | 32.14 | 3.9 | 32.65 | -0.43 | 0 | 2.9 | 6.62 | 0.00 | 0 |
| 2014 (1) | 3.59 | -2.71 | 0 | 0 | 0.06 | 200.0 | 0 | 0 | 16.29 | 19.6 | 1.51 | -1.31 | 3.08 | 3.01 | 18.91 | -13.87 | 3.66 | 175.19 | 0.03 | -50.0 | 1.14 | 395.65 | 0.08 | 0.0 | 6.29 | 13.33 | 0.41 | 57.69 | 0 | 0 | 2.52 | 19.43 | 2.94 | 24.05 | 0.2 | -57.45 | 2.72 | 5.43 | 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) | 3.5 | -52.05 | -29.44 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.85 | 12.63 | 16.47 | 1.06 | -10.17 | -8.62 | 7.82 | 37.43 | 45.9 | 29.43 | 31.69 | 32.88 | 3.8 | -2.56 | -13.44 | 4.1 | -0.24 | 199.27 | 0 | 0 | 0 | 0.77 | -8.33 | -8.33 | 9.9 | 0.0 | 0.3 | 4.89 | 0.0 | 8.43 | 0.2 | 0.0 | 233.33 | 14.26 | 8.03 | 4.39 | 19.34 | 5.8 | 6.03 | -0.62 | -16.98 | -1.64 | 13.64 | 7.66 | 4.52 | 0.03 | -13.53 | -29.11 |
| 24Q2 (19) | 7.3 | 13.35 | -45.97 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.97 | 22.07 | -7.68 | 1.18 | 20.41 | -27.61 | 5.69 | 21.32 | -21.73 | 22.35 | 24.09 | -29.82 | 3.9 | 6.56 | -15.03 | 4.11 | -0.24 | 197.83 | 0 | 0 | 0 | 0.84 | 16.67 | -7.69 | 9.9 | 0.3 | 0.71 | 4.89 | 8.43 | 8.43 | 0.2 | 233.33 | 233.33 | 13.2 | 5.43 | 5.6 | 18.28 | 6.9 | 7.03 | -0.53 | 14.52 | 20.9 | 12.67 | 6.47 | 7.1 | 0.03 | -9.44 | -17.01 |
| 24Q1 (18) | 6.44 | 13.78 | -63.28 | 1.85 | 230.36 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.71 | -5.46 | -5.46 | 0.98 | 206.25 | 3.16 | 4.69 | -15.04 | -6.76 | 18.01 | -13.96 | -9.48 | 3.66 | -7.58 | -17.38 | 4.12 | -0.24 | 662.96 | 0 | 0 | 0 | 0.72 | -6.49 | -12.2 | 9.87 | -0.6 | 0.71 | 4.51 | 0.0 | 11.36 | 0.06 | 0.0 | 200.0 | 12.52 | -10.38 | 6.92 | 17.1 | -7.82 | 8.3 | -0.62 | -14.81 | -44.19 | 11.9 | -11.39 | 5.5 | 0.03 | 0.4 | 22.18 |
| 23Q4 (17) | 5.66 | 14.11 | -70.61 | 0.56 | 0 | -84.14 | 0 | 0 | 0 | 0 | 0 | 0 | 6.04 | -10.39 | 56.07 | 0.32 | -72.41 | 149.23 | 5.52 | 2.99 | 99.28 | 20.93 | -5.49 | 112.5 | 3.96 | -9.79 | -16.46 | 4.13 | 201.46 | 664.81 | 0 | 0 | 0 | 0.77 | -8.33 | -9.41 | 9.93 | 0.61 | 6.77 | 4.51 | 0.0 | 11.36 | 0.06 | 0.0 | 200.0 | 13.97 | 2.27 | 0.0 | 18.55 | 1.7 | 2.77 | -0.54 | 11.48 | 6.9 | 13.43 | 2.91 | 0.3 | 0.03 | -9.83 | 8.53 |
| 23Q3 (16) | 4.96 | -63.29 | -73.6 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.74 | -10.73 | 25.51 | 1.16 | -28.83 | 13.73 | 5.36 | -26.27 | 13.56 | 22.15 | -30.45 | 69.4 | 4.39 | -4.36 | -19.89 | 1.37 | -0.72 | 153.7 | 0 | 0 | 0 | 0.84 | -7.69 | -5.62 | 9.87 | 0.41 | 3.57 | 4.51 | 0.0 | 11.36 | 0.06 | 0.0 | 200.0 | 13.66 | 9.28 | -6.57 | 18.24 | 6.79 | -2.46 | -0.61 | 8.96 | 18.67 | 13.05 | 10.31 | -5.91 | 0.04 | 1.23 | 9.38 |
| 23Q2 (15) | 13.51 | -22.98 | -39.61 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.55 | 25.0 | -24.5 | 1.63 | 71.58 | -24.88 | 7.27 | 44.53 | -5.58 | 31.84 | 60.04 | 70.63 | 4.59 | 3.61 | -27.26 | 1.38 | 155.56 | 155.56 | 0 | 0 | 0 | 0.91 | 10.98 | -2.15 | 9.83 | 0.31 | 1.65 | 4.51 | 11.36 | 11.36 | 0.06 | 200.0 | 200.0 | 12.5 | 6.75 | -8.09 | 17.08 | 8.17 | -3.34 | -0.67 | -55.81 | 24.72 | 11.83 | 4.88 | -6.92 | 0.04 | 33.33 | 5.04 |
| 23Q1 (14) | 17.54 | -8.93 | -22.36 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.04 | 56.07 | -31.98 | 0.95 | 246.15 | -53.43 | 5.03 | 81.59 | -44.48 | 19.90 | 101.99 | -11.54 | 4.43 | -6.54 | -29.68 | 0.54 | 0.0 | 0.0 | 0 | 0 | 0 | 0.82 | -3.53 | -11.83 | 9.8 | 5.38 | 6.75 | 4.05 | 0.0 | 30.23 | 0.02 | 0.0 | -84.62 | 11.71 | -16.18 | -37.98 | 15.79 | -12.52 | -28.65 | -0.43 | 25.86 | -34.38 | 11.28 | -15.76 | -39.22 | 0.03 | -10.82 | -17.23 |
| 22Q4 (13) | 19.26 | 2.5 | 4.33 | 3.53 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.87 | -27.93 | -67.34 | -0.65 | -163.73 | -119.58 | 2.77 | -41.31 | -74.47 | 9.85 | -24.66 | -62.39 | 4.74 | -13.5 | -3.27 | 0.54 | 0.0 | 0 | 0 | 0 | 0 | 0.85 | -4.49 | -11.46 | 9.3 | -2.41 | 1.64 | 4.05 | 0.0 | 30.23 | 0.02 | 0.0 | -84.62 | 13.97 | -4.45 | -17.04 | 18.05 | -3.48 | -10.11 | -0.58 | 22.67 | -48.72 | 13.39 | -3.46 | -18.6 | 0.03 | -9.12 | -12.6 |
| 22Q3 (12) | 18.79 | -16.0 | 49.48 | 3.53 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.37 | -46.3 | -49.0 | 1.02 | -53.0 | -59.36 | 4.72 | -38.7 | -61.81 | 13.07 | -29.94 | -58.9 | 5.48 | -13.15 | 39.09 | 0.54 | 0.0 | 0 | 0 | 0 | 0 | 0.89 | -4.3 | -10.1 | 9.53 | -1.45 | 3.93 | 4.05 | 0.0 | 30.23 | 0.02 | 0.0 | -84.62 | 14.62 | 7.5 | 8.22 | 18.7 | 5.83 | 11.58 | -0.75 | 15.73 | -20.97 | 13.87 | 9.13 | 7.6 | 0.04 | -2.78 | -12.55 |
| 22Q2 (11) | 22.37 | -0.97 | 61.4 | 3.53 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.0 | 12.61 | 10.86 | 2.17 | 6.37 | 40.91 | 7.7 | -15.01 | -46.0 | 18.66 | -17.03 | -51.55 | 6.31 | 0.16 | 86.69 | 0.54 | 0.0 | 0 | 0 | 0 | 0 | 0.93 | 0.0 | -10.58 | 9.67 | 5.34 | 2.87 | 4.05 | 30.23 | 56.37 | 0.02 | -84.62 | -84.62 | 13.6 | -27.97 | -12.26 | 17.67 | -20.15 | -3.02 | -0.89 | -178.12 | -17.11 | 12.71 | -31.52 | -13.77 | 0.04 | 5.06 | -8.16 |
| 22Q1 (10) | 22.59 | 22.37 | 119.32 | 3.53 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.88 | -25.06 | -11.47 | 2.04 | -38.55 | 0.49 | 9.06 | -16.5 | 12.97 | 22.49 | -14.11 | -0.97 | 6.3 | 28.57 | 78.47 | 0.54 | 0 | 0 | 0 | 0 | 0 | 0.93 | -3.12 | 13.41 | 9.18 | 0.33 | 1.21 | 3.11 | 0.0 | 20.08 | 0.13 | 0.0 | 0.0 | 18.88 | 12.11 | 35.24 | 22.13 | 10.21 | 32.67 | -0.32 | 17.95 | -3.23 | 18.56 | 12.83 | 35.97 | 0.03 | -5.84 | -21.87 |
| 21Q4 (9) | 18.46 | 46.86 | 50.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.85 | 12.54 | 27.83 | 3.32 | 32.27 | 90.8 | 10.85 | -12.22 | 53.47 | 26.19 | -17.68 | 18.09 | 4.9 | 24.37 | 4.26 | 0 | 0 | 0 | 0 | 0 | 0 | 0.96 | -3.03 | 14.29 | 9.15 | -0.22 | 1.1 | 3.11 | 0.0 | 20.08 | 0.13 | 0.0 | 0.0 | 16.84 | 24.65 | 41.16 | 20.08 | 19.81 | 37.06 | -0.39 | 37.1 | -18.18 | 16.45 | 27.62 | 41.81 | 0.04 | -9.07 | -24.36 |
| 21Q3 (8) | 12.57 | -9.31 | -16.92 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.53 | 16.74 | 21.03 | 2.51 | 62.99 | 76.76 | 12.36 | -13.32 | 86.43 | 31.81 | -17.41 | 46.41 | 3.94 | 16.57 | -27.71 | 0 | 0 | 0 | 0 | 0 | 0 | 0.99 | -4.81 | 17.86 | 9.17 | -2.45 | -21.89 | 3.11 | 20.08 | 20.08 | 0.13 | 0.0 | 0.0 | 13.51 | -12.84 | 32.58 | 16.76 | -8.01 | 29.92 | -0.62 | 18.42 | -55.0 | 12.89 | -12.55 | 31.66 | 0.04 | 2.09 | -31.3 |
| 21Q2 (7) | 13.86 | 34.56 | -13.27 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.02 | -10.07 | 23.39 | 1.54 | -24.14 | 46.67 | 14.26 | 77.81 | 112.2 | 38.52 | 69.59 | 0 | 3.38 | -4.25 | -32.26 | 0 | 0 | 0 | 0 | 0 | 0 | 1.04 | 26.83 | 20.93 | 9.4 | 3.64 | 17.21 | 2.59 | 0.0 | 0.0 | 0.13 | 0.0 | 0.0 | 15.5 | 11.03 | 76.94 | 18.22 | 9.23 | 58.71 | -0.76 | -145.16 | -68.89 | 14.74 | 7.99 | 77.38 | 0.04 | -10.63 | -46.92 |
| 21Q1 (6) | 10.3 | -16.19 | -38.69 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.03 | 8.2 | 51.97 | 2.03 | 16.67 | 84.55 | 8.02 | 13.44 | 37.09 | 22.71 | 2.42 | 0 | 3.53 | -24.89 | -17.14 | 0 | 0 | 0 | 0 | 0 | 0 | 0.82 | -2.38 | 7.89 | 9.07 | 0.22 | 12.95 | 2.59 | 0.0 | 24.52 | 0.13 | 0.0 | 333.33 | 13.96 | 17.02 | 14.71 | 16.68 | 13.86 | 16.81 | -0.31 | 6.06 | 41.51 | 13.65 | 17.67 | 17.27 | 0.04 | -8.84 | 6.76 |
| 20Q4 (5) | 12.29 | -18.77 | -6.82 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.27 | 6.55 | 17.34 | 1.74 | 22.54 | 42.62 | 7.07 | 6.64 | 4.28 | 22.18 | 2.05 | 0 | 4.7 | -13.76 | 56.15 | 0 | 0 | 0 | 0 | 0 | 0 | 0.84 | 0.0 | 7.69 | 9.05 | -22.91 | 13.69 | 2.59 | 0.0 | 24.52 | 0.13 | 0.0 | 333.33 | 11.93 | 17.08 | 7.38 | 14.65 | 13.57 | 10.82 | -0.33 | 17.5 | -153.85 | 11.6 | 18.49 | 5.65 | 0.05 | -17.41 | 13.02 |
| 20Q3 (4) | 15.13 | -5.32 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 8.7 | 19.02 | 0.0 | 1.42 | 35.24 | 0.0 | 6.63 | -1.34 | 0.0 | 21.73 | 0 | 0.0 | 5.45 | 9.22 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0.84 | -2.33 | 0.0 | 11.74 | 46.38 | 0.0 | 2.59 | 0.0 | 0.0 | 0.13 | 0.0 | 0.0 | 10.19 | 16.32 | 0.0 | 12.9 | 12.37 | 0.0 | -0.4 | 11.11 | 0.0 | 9.79 | 17.81 | 0.0 | 0.06 | -21.12 | 0.0 |
