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) | 19.29 | 31.31 | 2.0 | 25.0 | 0.48 | 140.0 | 0 | 0 | 58.1 | 0.83 | 6.48 | -2.85 | 11.22 | -7.65 | 19.31 | -8.42 | 14.7 | -36.17 | 0 | 0 | 12.52 | 72.45 | 0.12 | -20.0 | 7.53 | 5.46 | 4.24 | 18.44 | 0.21 | -40.0 | 10.07 | -4.55 | 14.52 | 0.35 | -0.15 | 0 | 9.92 | -4.06 | 0.01 | -15.69 |
| 2022 (9) | 14.69 | -23.85 | 1.6 | 60.0 | 0.2 | -81.48 | 0 | 0 | 57.62 | 17.45 | 6.67 | 2.3 | 12.15 | 13.55 | 21.09 | -3.32 | 23.03 | 61.05 | 0 | 0 | 7.26 | 855.26 | 0.15 | 15.38 | 7.14 | 1.85 | 3.58 | 22.6 | 0.35 | 0.0 | 10.55 | 16.57 | 14.47 | 17.45 | -0.21 | 0 | 10.34 | 18.85 | 0.01 | 0 |
| 2021 (8) | 19.29 | 25.59 | 1.0 | -49.75 | 1.08 | -73.59 | 0 | 0 | 49.06 | 44.51 | 6.52 | 72.03 | 10.7 | -10.76 | 21.81 | -38.24 | 14.3 | 35.67 | 0 | 0 | 0.76 | -20.83 | 0.13 | 44.44 | 7.01 | 16.25 | 2.92 | 14.96 | 0.35 | -27.08 | 9.05 | 68.53 | 12.32 | 46.67 | -0.35 | 0 | 8.7 | 73.31 | 0.00 | 0 |
| 2020 (7) | 15.36 | 73.17 | 1.99 | -24.05 | 4.09 | 1678.26 | 0 | 0 | 33.95 | 14.39 | 3.79 | 457.35 | 11.99 | 1.96 | 35.32 | -10.87 | 10.54 | 91.29 | 0 | 0 | 0.96 | -84.08 | 0.09 | 12.5 | 6.03 | 4.33 | 2.54 | 2.42 | 0.48 | 200.0 | 5.37 | 87.11 | 8.4 | 52.45 | -0.35 | 0 | 5.02 | 110.04 | 0.00 | 0 |
| 2019 (6) | 8.87 | 33.79 | 2.62 | -48.53 | 0.23 | -72.29 | 0 | 0 | 29.68 | -20.92 | 0.68 | -70.69 | 11.76 | -27.9 | 39.62 | -8.83 | 5.51 | -40.94 | 0 | 0 | 6.03 | 737.5 | 0.08 | -50.0 | 5.78 | 0.0 | 2.48 | 10.71 | 0.16 | 128.57 | 2.87 | -30.51 | 5.51 | -14.57 | -0.48 | 0 | 2.39 | -39.8 | 0.00 | 0 |
| 2018 (5) | 6.63 | 13.72 | 5.09 | 39.45 | 0.83 | 2666.67 | 0 | 0 | 37.53 | 14.39 | 2.32 | -23.93 | 16.31 | 7.59 | 43.46 | -5.94 | 9.33 | -8.8 | 0.36 | 16.13 | 0.72 | 380.0 | 0.16 | -20.0 | 5.78 | 2.48 | 2.24 | 15.46 | 0.07 | 0 | 4.13 | -8.22 | 6.45 | 0.16 | -0.16 | 0 | 3.97 | -10.38 | 0.00 | 0 |
| 2017 (4) | 5.83 | 12.98 | 3.65 | 29.89 | 0.03 | 0.0 | 0 | 0 | 32.81 | 53.68 | 3.05 | 169.91 | 15.16 | 75.46 | 46.21 | 14.18 | 10.23 | 54.07 | 0.31 | 0 | 0.15 | -16.67 | 0.2 | 81.82 | 5.64 | 22.08 | 1.94 | 6.01 | 0 | 0 | 4.5 | 71.76 | 6.44 | 44.72 | -0.07 | 0 | 4.43 | 71.71 | 0.00 | 0 |
| 2016 (3) | 5.16 | 26.78 | 2.81 | 31.92 | 0.03 | -25.0 | 0 | 0 | 21.35 | -10.37 | 1.13 | -55.16 | 8.64 | 2.61 | 40.47 | 14.48 | 6.64 | 20.73 | 0 | 0 | 0.18 | -10.0 | 0.11 | -50.0 | 4.62 | 0.0 | 1.83 | 15.82 | 0 | 0 | 2.62 | -22.02 | 4.45 | -9.92 | -0.04 | 0 | 2.58 | -28.93 | 0.00 | 0 |
| 2015 (2) | 4.07 | -22.33 | 2.13 | 0.95 | 0.04 | -42.86 | 0 | 0 | 23.82 | 13.16 | 2.52 | 11.01 | 8.42 | 10.94 | 35.35 | -1.97 | 5.5 | -3.17 | 0 | 0 | 0.2 | -16.67 | 0.22 | 22.22 | 4.62 | 5.0 | 1.58 | 17.04 | 0 | 0 | 3.36 | 28.74 | 4.94 | 24.75 | 0.27 | -28.95 | 3.63 | 21.4 | 0.00 | 0 |
| 2014 (1) | 5.24 | 57.36 | 2.11 | 70.16 | 0.07 | 133.33 | 0 | 0 | 21.05 | 18.66 | 2.27 | 14.07 | 7.59 | -12.96 | 36.06 | -26.65 | 5.68 | 27.93 | 0 | 0 | 0.24 | -7.69 | 0.18 | 38.46 | 4.4 | 0.0 | 1.35 | 17.39 | 0 | 0 | 2.61 | -17.92 | 3.96 | -8.55 | 0.38 | 80.95 | 2.99 | -11.8 | 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) | 18.45 | -12.06 | -2.59 | 0 | -100.0 | -100.0 | 3.14 | -1.57 | 772.22 | 0 | 0 | 0 | 13.14 | 5.12 | 6.14 | 0.46 | -47.13 | -75.4 | 10.81 | -1.37 | 1.03 | 20.71 | -2.8 | 14.15 | 12.79 | 2.32 | -32.54 | 0 | 0 | 0 | 12.72 | 5.91 | -4.36 | 0.21 | -8.7 | 75.0 | 7.53 | 0.0 | 0.0 | 4.89 | 0.0 | 15.33 | 0.15 | 0.0 | -28.57 | 8.95 | -10.05 | -1.1 | 13.99 | -6.61 | 3.63 | 1.33 | 118.03 | 882.35 | 10.28 | -2.65 | 15.77 | 0.03 | 7.51 | 164.53 |
| 24Q2 (19) | 20.98 | -4.72 | 19.61 | 0.8 | -60.0 | -72.32 | 3.19 | 1000.0 | 1229.17 | 0 | 0 | 0 | 12.5 | -1.81 | -22.89 | 0.87 | -40.82 | -48.82 | 10.96 | 4.28 | -16.84 | 21.31 | 11.8 | 1.26 | 12.5 | -9.22 | -37.5 | 0 | 0 | 0 | 12.01 | -0.33 | 0.5 | 0.23 | 91.67 | 91.67 | 7.53 | 0.0 | 5.46 | 4.89 | 15.33 | 15.33 | 0.15 | -28.57 | -28.57 | 9.95 | 3.11 | 6.76 | 14.98 | 6.17 | 8.79 | 0.61 | 1933.33 | 207.02 | 10.56 | 9.09 | 20.69 | 0.03 | -4.23 | 123.13 |
| 24Q1 (18) | 22.02 | 14.15 | 23.15 | 2.0 | 0.0 | -49.24 | 0.29 | -39.58 | 45.0 | 0 | 0 | 0 | 12.73 | -7.95 | -18.81 | 1.47 | 44.12 | -22.22 | 10.51 | -6.33 | -10.71 | 19.06 | -1.32 | -1.4 | 13.77 | -6.33 | -40.13 | 0 | 0 | 0 | 12.05 | -3.75 | 67.13 | 0.12 | 0.0 | -7.69 | 7.53 | 0.0 | 5.46 | 4.24 | 0.0 | 18.44 | 0.21 | 0.0 | -40.0 | 9.65 | -4.17 | 18.4 | 14.11 | -2.82 | 16.8 | 0.03 | 120.0 | 125.0 | 9.68 | -2.42 | 20.55 | 0.03 | 163.7 | 113.1 |
| 23Q4 (17) | 19.29 | 1.85 | 31.31 | 2.0 | 100.0 | 25.0 | 0.48 | 33.33 | 140.0 | 0 | 0 | 0 | 13.83 | 11.71 | -5.98 | 1.02 | -45.45 | -12.82 | 11.22 | 4.86 | -7.65 | 19.31 | 6.45 | -8.42 | 14.7 | -22.47 | -36.17 | 0 | 0 | 0 | 12.52 | -5.86 | 72.45 | 0.12 | 0.0 | -20.0 | 7.53 | 0.0 | 5.46 | 4.24 | 0.0 | 18.44 | 0.21 | 0.0 | -40.0 | 10.07 | 11.27 | -4.55 | 14.52 | 7.56 | 0.35 | -0.15 | 11.76 | 28.57 | 9.92 | 11.71 | -4.06 | 0.01 | -2.57 | -15.69 |
| 23Q3 (16) | 18.94 | 7.98 | 21.18 | 1.0 | -65.4 | -44.44 | 0.36 | 50.0 | 80.0 | 0 | 0 | 0 | 12.38 | -23.63 | -22.82 | 1.87 | 10.0 | -17.98 | 10.7 | -18.82 | -21.9 | 18.14 | -13.78 | -26.31 | 18.96 | -5.2 | -19.11 | 0 | 0 | 0 | 13.3 | 11.3 | 81.94 | 0.12 | 0.0 | -25.0 | 7.53 | 5.46 | 5.46 | 4.24 | 0.0 | 18.44 | 0.21 | 0.0 | -40.0 | 9.05 | -2.9 | -3.52 | 13.5 | -1.96 | 1.5 | -0.17 | 70.18 | -1600.0 | 8.88 | 1.49 | -5.23 | 0.01 | -9.32 | -21.03 |
| 23Q2 (15) | 17.54 | -1.9 | -8.84 | 2.89 | -26.65 | -42.2 | 0.24 | 20.0 | 20.0 | 0 | 0 | 0 | 16.21 | 3.38 | 12.02 | 1.7 | -10.05 | 1.19 | 13.18 | 11.98 | 23.29 | 21.04 | 8.87 | 5.24 | 20.0 | -13.04 | -8.93 | 0 | 0 | 0 | 11.95 | 65.74 | 1710.61 | 0.12 | -7.69 | -14.29 | 7.14 | 0.0 | 0.0 | 4.24 | 18.44 | 18.44 | 0.21 | -40.0 | -40.0 | 9.32 | 14.36 | 31.08 | 13.77 | 13.99 | 24.84 | -0.57 | -375.0 | -375.0 | 8.75 | 8.97 | 25.18 | 0.01 | -8.54 | 0 |
| 23Q1 (14) | 17.88 | 21.72 | 1.07 | 3.94 | 146.25 | 392.5 | 0.2 | 0.0 | 0.0 | 0 | 0 | 0 | 15.68 | 6.59 | 26.45 | 1.89 | 61.54 | 22.73 | 11.77 | -3.13 | 4.25 | 19.33 | -8.35 | -12.35 | 23.0 | -0.13 | 30.46 | 0 | 0 | 0 | 7.21 | -0.69 | 915.49 | 0.13 | -13.33 | -7.14 | 7.14 | 0.0 | 0.0 | 3.58 | 0.0 | 22.6 | 0.35 | 0.0 | 0.0 | 8.15 | -22.75 | 34.05 | 12.08 | -16.52 | 29.2 | -0.12 | 42.86 | -146.15 | 8.03 | -22.34 | 26.66 | 0.01 | 4.33 | 0 |
| 22Q4 (13) | 14.69 | -6.01 | -23.85 | 1.6 | -11.11 | 60.0 | 0.2 | 0.0 | -81.48 | 0 | 0 | 0 | 14.71 | -8.29 | 15.46 | 1.17 | -48.68 | -37.43 | 12.15 | -11.31 | 13.55 | 21.09 | -14.35 | -3.3 | 23.03 | -1.75 | 61.05 | 0 | 0 | 0 | 7.26 | -0.68 | 855.26 | 0.15 | -6.25 | 15.38 | 7.14 | 0.0 | 1.85 | 3.58 | 0.0 | 22.6 | 0.35 | 0.0 | 0.0 | 10.55 | 12.47 | 16.57 | 14.47 | 8.8 | 17.45 | -0.21 | -2000.0 | 40.0 | 10.34 | 10.35 | 18.85 | 0.01 | -8.74 | 0 |
| 22Q3 (12) | 15.63 | -18.76 | -15.28 | 1.8 | -64.0 | -10.0 | 0.2 | 0.0 | -88.83 | 0 | 0 | 0 | 16.04 | 10.85 | 15.73 | 2.28 | 35.71 | 22.58 | 13.7 | 28.16 | 26.97 | 24.62 | 23.14 | 5.5 | 23.44 | 6.74 | 76.91 | 0 | 0 | 0 | 7.31 | 1007.58 | 802.47 | 0.16 | 14.29 | 77.78 | 7.14 | 0.0 | 3.48 | 3.58 | 0.0 | 22.6 | 0.35 | 0.0 | 0.0 | 9.38 | 31.93 | 30.64 | 13.3 | 20.58 | 27.15 | -0.01 | 91.67 | 98.41 | 9.37 | 34.05 | 43.05 | 0.01 | 0 | 0 |
| 22Q2 (11) | 19.24 | 8.76 | 52.09 | 5.0 | 525.0 | 657.58 | 0.2 | 0.0 | -94.13 | 0 | 0 | 0 | 14.47 | 16.69 | 18.61 | 1.68 | 9.09 | 6.33 | 10.69 | -5.31 | -27.13 | 19.99 | -9.33 | -43.65 | 21.96 | 24.56 | 63.27 | 0 | 0 | 0 | 0.66 | -7.04 | -23.26 | 0.14 | 0.0 | 40.0 | 7.14 | 0.0 | 14.06 | 3.58 | 22.6 | 40.94 | 0.35 | 0.0 | -27.08 | 7.11 | 16.94 | 27.65 | 11.03 | 17.97 | 28.41 | -0.12 | -146.15 | 78.18 | 6.99 | 10.25 | 39.24 | 0.00 | 0 | 0 |
| 22Q1 (10) | 17.69 | -8.29 | 25.73 | 0.8 | -20.0 | -54.29 | 0.2 | -81.48 | -94.37 | 0 | 0 | 0 | 12.4 | -2.67 | 20.74 | 1.54 | -17.65 | 27.27 | 11.29 | 5.51 | -12.07 | 22.05 | 1.12 | -35.15 | 17.63 | 23.29 | 38.06 | 0 | 0 | 0 | 0.71 | -6.58 | -21.98 | 0.14 | 7.69 | 27.27 | 7.14 | 1.85 | 16.86 | 2.92 | 0.0 | 14.96 | 0.35 | 0.0 | -27.08 | 6.08 | -32.82 | 52.38 | 9.35 | -24.11 | 33.19 | 0.26 | 174.29 | 154.17 | 6.34 | -27.13 | 80.63 | 0.00 | 0 | 0 |
| 21Q4 (9) | 19.29 | 4.55 | 25.59 | 1.0 | -50.0 | -49.75 | 1.08 | -39.66 | -73.59 | 0 | 0 | 0 | 12.74 | -8.08 | 28.56 | 1.87 | 0.54 | 32.62 | 10.7 | -0.83 | -10.76 | 21.81 | -6.55 | -38.24 | 14.3 | 7.92 | 35.67 | 0 | 0 | 0 | 0.76 | -6.17 | -20.83 | 0.13 | 44.44 | 44.44 | 7.01 | 1.59 | 16.25 | 2.92 | 0.0 | 14.96 | 0.35 | 0.0 | -27.08 | 9.05 | 26.04 | 68.53 | 12.32 | 17.78 | 46.67 | -0.35 | 44.44 | 0.0 | 8.7 | 32.82 | 73.31 | 0.00 | 0 | 0 |
| 21Q3 (8) | 18.45 | 45.85 | 58.51 | 2.0 | 203.03 | -19.68 | 1.79 | -47.51 | 795.0 | 0 | 0 | 0 | 13.86 | 13.61 | 54.52 | 1.86 | 17.72 | 121.43 | 10.79 | -26.45 | -15.9 | 23.33 | -34.23 | -46.64 | 13.25 | -1.49 | 51.78 | 0 | 0 | 0 | 0.81 | -5.81 | -83.5 | 0.09 | -10.0 | 28.57 | 6.9 | 10.22 | 14.43 | 2.92 | 14.96 | 14.96 | 0.35 | -27.08 | -27.08 | 7.18 | 28.9 | 81.31 | 10.46 | 21.77 | 49.64 | -0.63 | -14.55 | -18.87 | 6.55 | 30.48 | 90.96 | 0.00 | 0 | 0 |
| 21Q2 (7) | 12.65 | -10.09 | 30.41 | 0.66 | -62.29 | -42.61 | 3.41 | -3.94 | 1605.0 | 0 | 0 | 0 | 12.2 | 18.79 | 41.7 | 1.58 | 30.58 | 30.58 | 14.67 | 14.25 | 10.47 | 35.48 | 4.33 | 0 | 13.45 | 5.32 | 75.36 | 0 | 0 | 0 | 0.86 | -5.49 | -82.63 | 0.1 | -9.09 | 42.86 | 6.26 | 2.45 | 3.81 | 2.54 | 0.0 | 0.0 | 0.48 | 0.0 | 0.0 | 5.57 | 39.6 | 78.53 | 8.59 | 22.36 | 39.67 | -0.55 | -14.58 | 5.17 | 5.02 | 43.02 | 97.64 | 0.00 | 0 | 0 |
| 21Q1 (6) | 14.07 | -8.4 | 63.99 | 1.75 | -12.06 | -6.91 | 3.55 | -13.2 | 1675.0 | 0 | 0 | 0 | 10.27 | 3.63 | 58.73 | 1.21 | -14.18 | 255.88 | 12.84 | 7.09 | 0.78 | 34.00 | -3.69 | 0 | 12.77 | 21.16 | 92.9 | 0 | 0 | 0 | 0.91 | -5.21 | -81.73 | 0.11 | 22.22 | 10.0 | 6.11 | 1.33 | 1.33 | 2.54 | 0.0 | 2.42 | 0.48 | 0.0 | 200.0 | 3.99 | -25.7 | 73.48 | 7.02 | -16.43 | 42.11 | -0.48 | -37.14 | 12.73 | 3.51 | -30.08 | 100.57 | 0.00 | 0 | 0 |
| 20Q4 (5) | 15.36 | 31.96 | 73.17 | 1.99 | -20.08 | -24.05 | 4.09 | 1945.0 | 1678.26 | 0 | 0 | 0 | 9.91 | 10.48 | 87.33 | 1.41 | 67.86 | 14200.0 | 11.99 | -6.55 | 1.96 | 35.31 | -19.26 | 0 | 10.54 | 20.73 | 91.29 | 0 | 0 | 0 | 0.96 | -80.45 | -84.08 | 0.09 | 28.57 | 12.5 | 6.03 | 0.0 | 4.33 | 2.54 | 0.0 | 2.42 | 0.48 | 0.0 | 200.0 | 5.37 | 35.61 | 87.11 | 8.4 | 20.17 | 52.45 | -0.35 | 33.96 | 27.08 | 5.02 | 46.36 | 110.04 | 0.00 | 0 | 0 |
| 20Q3 (4) | 11.64 | 20.0 | 0.0 | 2.49 | 116.52 | 0.0 | 0.2 | 0.0 | 0.0 | 0 | 0 | 0.0 | 8.97 | 4.18 | 0.0 | 0.84 | -30.58 | 0.0 | 12.83 | -3.39 | 0.0 | 43.73 | 0 | 0.0 | 8.73 | 13.82 | 0.0 | 0 | 0 | 0.0 | 4.91 | -0.81 | 0.0 | 0.07 | 0.0 | 0.0 | 6.03 | 0.0 | 0.0 | 2.54 | 0.0 | 0.0 | 0.48 | 0.0 | 0.0 | 3.96 | 26.92 | 0.0 | 6.99 | 13.66 | 0.0 | -0.53 | 8.62 | 0.0 | 3.43 | 35.04 | 0.0 | 0.00 | 0 | 0.0 |
