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) | 18.49 | 20.22 | 0 | 0 | 6.68 | 78.61 | 0 | 0 | 41.77 | -4.18 | 7.38 | -15.56 | 3.02 | 9.82 | 7.23 | 14.6 | 0.24 | -36.84 | 4.71 | -1.26 | 74.01 | -4.82 | 129.91 | -2.39 | 12.76 | -3.04 | 11.52 | 8.37 | 0.74 | 469.23 | 21.98 | -13.87 | 34.25 | -5.6 | -2.94 | 0 | 19.04 | -23.16 | 0.05 | 58.6 |
| 2022 (9) | 15.38 | -31.61 | 0 | 0 | 3.74 | -51.24 | 0 | 0 | 43.59 | 3.96 | 8.74 | -18.92 | 2.75 | 0.0 | 6.31 | -3.81 | 0.38 | 8.57 | 4.77 | -13.59 | 77.76 | -8.1 | 133.09 | -0.8 | 13.16 | 1.0 | 10.63 | 10.61 | 0.13 | -75.0 | 25.52 | 9.81 | 36.28 | 8.72 | -0.74 | 0 | 24.78 | 7.23 | 0.03 | 20.1 |
| 2021 (8) | 22.49 | 4.22 | 0 | 0 | 7.67 | 36.23 | 0 | 0 | 41.93 | -1.67 | 10.78 | 1.03 | 2.75 | -6.78 | 6.56 | -5.2 | 0.35 | 6.06 | 5.52 | -0.72 | 84.61 | -13.73 | 134.17 | -0.88 | 13.03 | 4.49 | 9.61 | 11.74 | 0.52 | -42.22 | 23.24 | 32.57 | 33.37 | 23.5 | -0.13 | 0 | 23.11 | 35.86 | 0.03 | 462.94 |
| 2020 (7) | 21.58 | 1.17 | 0 | 0 | 5.63 | -1.05 | 0 | 0 | 42.64 | 38.17 | 10.67 | 53.08 | 2.95 | -3.91 | 6.92 | -30.46 | 0.33 | -51.47 | 5.56 | 0.72 | 98.08 | -5.03 | 135.36 | -0.84 | 12.47 | 1.63 | 8.6 | 8.86 | 0.9 | -40.79 | 17.53 | 38.47 | 27.02 | 22.43 | -0.52 | 0 | 17.01 | 44.64 | 0.00 | -10.39 |
| 2019 (6) | 21.33 | 20.99 | 0 | 0 | 5.69 | 1322.5 | 0 | 0 | 30.86 | 5.25 | 6.97 | 9.42 | 3.07 | 70.56 | 9.95 | 62.04 | 0.68 | 70.0 | 5.52 | 0.91 | 103.28 | 1593.11 | 136.5 | 229.31 | 12.27 | -3.08 | 7.9 | 8.82 | 1.52 | 42.06 | 12.66 | -12.81 | 22.07 | -3.41 | -0.9 | 0 | 11.76 | -9.54 | 0.01 | -3.89 |
| 2018 (5) | 17.63 | 2.08 | 2.0 | 0 | 0.4 | -92.75 | 0 | 0 | 29.32 | -0.37 | 6.37 | 0.16 | 1.8 | -16.67 | 6.14 | -16.35 | 0.4 | 66.67 | 5.47 | 0.18 | 6.1 | 205.0 | 41.45 | 0.07 | 12.66 | -0.24 | 7.26 | 9.5 | 1.07 | -12.3 | 14.52 | 15.79 | 22.85 | 12.01 | -1.52 | 0 | 13.0 | 13.34 | 0.01 | 2.56 |
| 2017 (4) | 17.27 | -25.37 | 0 | 0 | 5.52 | -34.05 | 0 | 0 | 29.43 | -1.24 | 6.36 | -13.35 | 2.16 | 32.52 | 7.34 | 34.18 | 0.24 | 60.0 | 5.46 | 1.11 | 2.0 | -65.75 | 41.42 | -0.02 | 12.69 | 2.01 | 6.63 | 12.56 | 1.22 | 0 | 12.54 | 1.21 | 20.4 | 11.54 | -1.07 | 0 | 11.47 | 2.69 | 0.01 | -2.47 |
| 2016 (3) | 23.14 | -22.22 | 2.5 | 0 | 8.37 | 0 | 0 | 0 | 29.8 | -1.72 | 7.34 | -14.35 | 1.63 | -21.63 | 5.47 | -20.27 | 0.15 | 7.14 | 5.4 | -1.28 | 5.84 | -58.9 | 41.43 | 0.02 | 12.44 | 0.0 | 5.89 | 16.87 | 0 | 0 | 12.39 | -9.89 | 18.29 | -2.61 | -1.22 | 0 | 11.17 | -18.76 | 0.01 | -7.77 |
| 2015 (2) | 29.75 | 19.24 | 0 | 0 | 0 | 0 | 0 | 0 | 30.32 | -1.65 | 8.57 | -8.93 | 2.08 | 26.06 | 6.86 | 28.18 | 0.14 | -50.0 | 5.47 | -0.55 | 14.21 | -29.37 | 41.42 | 0.02 | 12.44 | 11.57 | 5.04 | 23.23 | 0 | 0 | 13.75 | -2.41 | 18.78 | 3.3 | 0 | 0 | 13.75 | -2.55 | 0.01 | -25.7 |
| 2014 (1) | 24.95 | 140.83 | 0.3 | 0 | 0 | 0 | 0 | 0 | 30.83 | -5.23 | 9.41 | 11.63 | 1.65 | -1.79 | 5.35 | 3.63 | 0.28 | -77.78 | 5.5 | -22.32 | 20.12 | 0 | 41.41 | -0.12 | 11.15 | 1.36 | 4.09 | 25.85 | 0 | 0 | 14.09 | 7.8 | 18.18 | 11.4 | 0.02 | 0 | 14.11 | 7.96 | 0.01 | 2.2 |
| 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) | 15.91 | -12.77 | -2.03 | 0.5 | -52.38 | 0 | 8.34 | -3.58 | 24.85 | 0 | 0 | 0 | 10.84 | 3.04 | 4.33 | 2.07 | -16.53 | -14.81 | 3.37 | 15.81 | 17.83 | 7.88 | 14.59 | 18.22 | 0.87 | -1.14 | 200.0 | 5.57 | 0.36 | 17.51 | 69.44 | 1.62 | -6.95 | 129.1 | -0.2 | -2.35 | 12.56 | -1.57 | -1.57 | 11.95 | 0.0 | 3.73 | 2.94 | 0.0 | 297.3 | 19.46 | 4.46 | -11.67 | 34.35 | 2.45 | 0.17 | -2.92 | 0.0 | -167.89 | 16.54 | 5.28 | -21.01 | 0.05 | -0.58 | 74.15 |
| 24Q2 (19) | 18.24 | -7.6 | 16.48 | 1.05 | 0 | 0 | 8.65 | -1.26 | 140.28 | 0 | 0 | 0 | 10.52 | -1.59 | 1.94 | 2.48 | 8.3 | 4.64 | 2.91 | 17.34 | 3.93 | 6.88 | 16.78 | 5.7 | 0.88 | 319.05 | 203.45 | 5.55 | 1.09 | 17.34 | 68.33 | -3.87 | -8.12 | 129.36 | -0.2 | -2.38 | 12.76 | 0.0 | 0.0 | 11.95 | 3.73 | 3.73 | 2.94 | 297.3 | 297.3 | 18.63 | -23.24 | -4.95 | 33.53 | -8.24 | 5.24 | -2.92 | -0.34 | -224.44 | 15.71 | -26.45 | -15.99 | 0.05 | 8.46 | 73.71 |
| 24Q1 (18) | 19.74 | 6.76 | 25.49 | 0 | 0 | 0 | 8.76 | 31.14 | 134.22 | 0 | 0 | 0 | 10.69 | -0.09 | 3.19 | 2.29 | 2190.0 | -7.66 | 2.48 | -17.88 | -4.98 | 5.89 | -18.52 | -1.73 | 0.21 | -12.5 | -41.67 | 5.49 | 16.56 | 16.81 | 71.08 | -3.96 | -7.48 | 129.62 | -0.22 | -2.39 | 12.76 | 0.0 | 0.0 | 11.52 | 0.0 | 8.37 | 0.74 | 0.0 | 469.23 | 24.27 | 10.42 | -3.35 | 36.54 | 6.69 | 1.87 | -2.91 | 1.02 | -219.78 | 21.36 | 12.18 | -11.74 | 0.05 | -0.23 | 57.12 |
| 23Q4 (17) | 18.49 | 13.85 | 20.22 | 0 | 0 | 0 | 6.68 | 0.0 | 78.61 | 0 | 0 | 0 | 10.7 | 2.98 | -9.48 | 0.1 | -95.88 | -93.42 | 3.02 | 5.59 | 9.82 | 7.23 | 8.43 | 14.6 | 0.24 | -17.24 | -36.84 | 4.71 | -0.63 | -1.26 | 74.01 | -0.83 | -4.82 | 129.91 | -1.74 | -2.39 | 12.76 | 0.0 | -3.04 | 11.52 | 0.0 | 8.37 | 0.74 | 0.0 | 469.23 | 21.98 | -0.23 | -13.87 | 34.25 | -0.12 | -5.6 | -2.94 | -169.72 | -297.3 | 19.04 | -9.07 | -23.16 | 0.05 | 61.87 | 58.6 |
| 23Q3 (16) | 16.24 | 3.7 | -22.22 | 0 | 0 | 0 | 6.68 | 85.56 | 78.61 | 0 | 0 | 0 | 10.39 | 0.68 | -1.24 | 2.43 | 2.53 | 14.62 | 2.86 | 2.14 | 7.12 | 6.67 | 2.45 | 5.69 | 0.29 | 0.0 | -35.56 | 4.74 | 0.21 | -17.28 | 74.63 | 0.35 | -8.66 | 132.21 | -0.23 | -0.88 | 12.76 | 0.0 | -3.04 | 11.52 | 0.0 | 8.37 | 0.74 | 0.0 | 469.23 | 22.03 | 12.4 | -7.48 | 34.29 | 7.63 | -0.81 | -1.09 | -21.11 | -122.45 | 20.94 | 11.98 | -10.21 | 0.03 | -0.83 | 2.99 |
| 23Q2 (15) | 15.66 | -0.45 | -36.03 | 0 | 0 | 0 | 3.6 | -3.74 | -51.15 | 0 | 0 | 0 | 10.32 | -0.39 | -4.8 | 2.37 | -4.44 | -4.05 | 2.8 | 7.28 | 10.67 | 6.51 | 8.58 | 8.43 | 0.29 | -19.44 | 3.57 | 4.73 | 0.64 | -16.73 | 74.37 | -3.2 | -6.02 | 132.51 | -0.22 | -0.8 | 12.76 | 0.0 | -3.04 | 11.52 | 8.37 | 8.37 | 0.74 | 469.23 | 469.23 | 19.6 | -21.94 | -9.64 | 31.86 | -11.18 | -1.82 | -0.9 | 1.1 | -246.15 | 18.7 | -22.73 | -12.74 | 0.03 | -1.89 | 8.77 |
| 23Q1 (14) | 15.73 | 2.28 | -34.87 | 0 | 0 | 0 | 3.74 | 0.0 | -50.92 | 0 | 0 | 0 | 10.36 | -12.35 | -0.48 | 2.48 | 63.16 | -5.7 | 2.61 | -5.09 | 3.16 | 5.99 | -4.98 | -1.08 | 0.36 | -5.26 | 9.09 | 4.7 | -1.47 | -17.25 | 76.83 | -1.2 | -8.77 | 132.8 | -0.22 | -0.81 | 12.76 | -3.04 | -2.07 | 10.63 | 0.0 | 10.61 | 0.13 | 0.0 | -75.0 | 25.11 | -1.61 | -2.94 | 35.87 | -1.13 | -0.33 | -0.91 | -22.97 | -405.56 | 24.2 | -2.34 | -5.8 | 0.03 | 0.71 | 8.82 |
| 22Q4 (13) | 15.38 | -26.34 | -31.61 | 0 | 0 | 0 | 3.74 | 0.0 | -51.24 | 0 | 0 | 0 | 11.82 | 12.36 | 12.04 | 1.52 | -28.3 | -47.4 | 2.75 | 3.0 | 0.0 | 6.31 | -0.0 | -2.89 | 0.38 | -15.56 | 8.57 | 4.77 | -16.75 | -13.59 | 77.76 | -4.83 | -8.1 | 133.09 | -0.22 | -0.8 | 13.16 | 0.0 | 1.0 | 10.63 | 0.0 | 10.61 | 0.13 | 0.0 | -75.0 | 25.52 | 7.18 | 9.81 | 36.28 | 4.95 | 8.72 | -0.74 | -51.02 | -469.23 | 24.78 | 6.26 | 7.23 | 0.03 | 5.12 | 20.1 |
| 22Q3 (12) | 20.88 | -14.71 | -16.68 | 0 | 0 | 0 | 3.74 | -49.25 | -14.02 | 0 | 0 | 0 | 10.52 | -2.95 | 1.64 | 2.12 | -14.17 | -13.47 | 2.67 | 5.53 | -5.99 | 6.31 | 5.11 | -5.72 | 0.45 | 60.71 | 73.08 | 5.73 | 0.88 | 3.8 | 81.71 | 3.26 | -11.0 | 133.38 | -0.15 | -0.81 | 13.16 | 0.0 | 1.0 | 10.63 | 0.0 | 10.61 | 0.13 | 0.0 | -75.0 | 23.81 | 9.77 | 13.76 | 34.57 | 6.53 | 11.34 | -0.49 | -88.46 | 28.99 | 23.32 | 8.82 | 15.22 | 0.03 | 4.73 | 13.35 |
| 22Q2 (11) | 24.48 | 1.37 | 17.52 | 0 | 0 | 0 | 7.37 | -3.28 | 22.22 | 0 | 0 | 0 | 10.84 | 4.13 | 3.83 | 2.47 | -6.08 | -8.86 | 2.53 | 0.0 | -13.65 | 6.00 | -0.95 | -12.48 | 0.28 | -15.15 | 0.0 | 5.68 | 0.0 | 3.27 | 79.13 | -6.04 | -17.26 | 133.58 | -0.22 | -0.88 | 13.16 | 1.0 | 5.53 | 10.63 | 10.61 | 23.6 | 0.13 | -75.0 | -85.56 | 21.69 | -16.16 | -5.61 | 32.45 | -9.84 | -0.06 | -0.26 | -44.44 | 49.02 | 21.43 | -16.58 | -4.63 | 0.03 | -1.85 | 561.25 |
| 22Q1 (10) | 24.15 | 7.38 | 12.43 | 0 | 0 | 0 | 7.62 | -0.65 | 35.35 | 0 | 0 | 0 | 10.41 | -1.33 | -5.28 | 2.63 | -9.0 | -3.31 | 2.53 | -8.0 | -24.48 | 6.06 | -6.72 | -21.11 | 0.33 | -5.71 | 26.92 | 5.68 | 2.9 | 3.84 | 84.22 | -0.46 | -14.18 | 133.88 | -0.22 | -0.87 | 13.03 | 0.0 | 4.49 | 9.61 | 0.0 | 11.74 | 0.52 | 0.0 | -42.22 | 25.87 | 11.32 | 27.82 | 35.99 | 7.85 | 21.02 | -0.18 | -38.46 | 61.7 | 25.69 | 11.16 | 29.94 | 0.03 | 11.14 | 549.9 |
| 21Q4 (9) | 22.49 | -10.26 | 4.22 | 0 | 0 | 0 | 7.67 | 76.32 | 36.23 | 0 | 0 | 0 | 10.55 | 1.93 | -1.03 | 2.89 | 17.96 | 22.98 | 2.75 | -3.17 | -7.72 | 6.50 | -2.92 | -5.63 | 0.35 | 34.62 | 6.06 | 5.52 | 0.0 | -0.72 | 84.61 | -7.84 | -13.73 | 134.17 | -0.22 | -0.88 | 13.03 | 0.0 | 4.49 | 9.61 | 0.0 | 11.74 | 0.52 | 0.0 | -42.22 | 23.24 | 11.04 | 32.57 | 33.37 | 7.47 | 23.5 | -0.13 | 81.16 | 75.0 | 23.11 | 14.18 | 35.86 | 0.03 | -0.79 | 462.94 |
| 21Q3 (8) | 25.06 | 20.31 | 15.8 | 0 | 0 | 0 | 4.35 | -27.86 | -19.89 | 0 | 0 | 0 | 10.35 | -0.86 | -2.63 | 2.45 | -9.59 | -16.67 | 2.84 | -3.07 | -14.2 | 6.69 | -2.43 | -15.92 | 0.26 | -7.14 | -23.53 | 5.52 | 0.36 | -0.54 | 91.81 | -4.0 | -10.59 | 134.47 | -0.22 | -0.86 | 13.03 | 4.49 | 4.49 | 9.61 | 11.74 | 11.74 | 0.52 | -42.22 | -42.22 | 20.93 | -8.92 | 37.7 | 31.05 | -4.37 | 25.76 | -0.69 | -35.29 | -1.47 | 20.24 | -9.92 | 39.39 | 0.03 | 510.95 | 447.41 |
| 21Q2 (7) | 20.83 | -3.03 | -23.42 | 0 | 0 | 0 | 6.03 | 7.1 | 11.05 | 0 | 0 | 0 | 10.44 | -5.0 | -7.86 | 2.71 | -0.37 | -0.37 | 2.93 | -12.54 | -18.38 | 6.86 | -10.72 | 0 | 0.28 | 7.69 | -20.0 | 5.5 | 0.55 | -0.18 | 95.64 | -2.54 | -6.82 | 134.77 | -0.21 | -0.84 | 12.47 | 0.0 | -0.32 | 8.6 | 0.0 | 0.0 | 0.9 | 0.0 | 0.0 | 22.98 | 13.54 | 81.37 | 32.47 | 9.18 | 46.53 | -0.51 | -8.51 | -10.87 | 22.47 | 13.66 | 84.03 | 0.00 | -3.53 | -13.93 |
| 21Q1 (6) | 21.48 | -0.46 | -11.24 | 0 | 0 | 0 | 5.63 | 0.0 | -1.05 | 0 | 0 | 0 | 10.99 | 3.1 | 3.0 | 2.72 | 15.74 | 2.26 | 3.35 | 12.42 | 16.32 | 7.68 | 11.59 | 0 | 0.26 | -21.21 | -25.71 | 5.47 | -1.62 | -1.08 | 98.13 | 0.05 | -5.03 | 135.06 | -0.22 | -0.84 | 12.47 | 0.0 | 1.63 | 8.6 | 0.0 | 8.86 | 0.9 | 0.0 | -40.79 | 20.24 | 15.46 | 32.55 | 29.74 | 10.07 | 20.5 | -0.47 | 9.62 | 51.55 | 19.77 | 16.23 | 38.25 | 0.00 | -3.73 | -10.43 |
| 20Q4 (5) | 21.58 | -0.28 | 1.17 | 0 | 0 | 0 | 5.63 | 3.68 | -1.05 | 0 | 0 | 0 | 10.66 | 0.28 | 18.97 | 2.35 | -20.07 | 11.9 | 2.98 | -9.97 | -2.93 | 6.88 | -13.51 | 0 | 0.33 | -2.94 | -51.47 | 5.56 | 0.18 | 0.72 | 98.08 | -4.49 | -5.03 | 135.36 | -0.2 | -0.84 | 12.47 | 0.0 | 1.63 | 8.6 | 0.0 | 8.86 | 0.9 | 0.0 | -40.79 | 17.53 | 15.33 | 38.47 | 27.02 | 9.44 | 22.43 | -0.52 | 23.53 | 42.22 | 17.01 | 17.15 | 44.64 | 0.00 | -3.52 | -10.39 |
| 20Q3 (4) | 21.64 | -20.44 | 0.0 | 0 | 0 | 0.0 | 5.43 | 0.0 | 0.0 | 0 | 0 | 0.0 | 10.63 | -6.18 | 0.0 | 2.94 | 8.09 | 0.0 | 3.31 | -7.8 | 0.0 | 7.96 | 0 | 0.0 | 0.34 | -2.86 | 0.0 | 5.55 | 0.73 | 0.0 | 102.69 | 0.05 | 0.0 | 135.63 | -0.21 | 0.0 | 12.47 | -0.32 | 0.0 | 8.6 | 0.0 | 0.0 | 0.9 | 0.0 | 0.0 | 15.2 | 19.97 | 0.0 | 24.69 | 11.42 | 0.0 | -0.68 | -47.83 | 0.0 | 14.52 | 18.92 | 0.0 | 0.00 | -3.94 | 0.0 |
