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) | 5.07 | -55.99 | 2.84 | -47.7 | 5.89 | 83.49 | 0 | 0 | 15.02 | -54.05 | 1.5 | -34.5 | 2.91 | -66.7 | 19.37 | -27.54 | 4.64 | -18.02 | 2.18 | 4.31 | 26.41 | -9.15 | 0.01 | 0.0 | 12.38 | 2.15 | 1.35 | 22.73 | 0.79 | 46.3 | 5.93 | -8.35 | 8.07 | -0.49 | 0.02 | 0 | 5.95 | 4.75 | 0.03 | 422.01 |
| 2022 (9) | 11.52 | 80.56 | 5.43 | 14.56 | 3.21 | -27.54 | 0 | 0 | 32.69 | 111.86 | 2.29 | 73.48 | 8.74 | 27.03 | 26.74 | -40.04 | 5.66 | 12.75 | 2.09 | 117.71 | 29.07 | 51.8 | 0.01 | 0.0 | 12.12 | 5.85 | 1.1 | 14.58 | 0.54 | -34.94 | 6.47 | 46.05 | 8.11 | 30.18 | -0.79 | 0 | 5.68 | 46.02 | 0.01 | 694.3 |
| 2021 (8) | 6.38 | 12.92 | 4.74 | 177.19 | 4.43 | 12.72 | 0.1 | 0 | 15.43 | -26.0 | 1.32 | -49.81 | 6.88 | 37.05 | 44.59 | 85.19 | 5.02 | 25.81 | 0.96 | 14.29 | 19.15 | 25.41 | 0.01 | 0.0 | 11.45 | 6.61 | 0.96 | 37.14 | 0.83 | 12.16 | 4.43 | -6.34 | 6.23 | 1.14 | -0.54 | 0 | 3.89 | -0.26 | 0.00 | 0 |
| 2020 (7) | 5.65 | 48.29 | 1.71 | 26.67 | 3.93 | 46.1 | 0 | 0 | 20.85 | 33.14 | 2.63 | 25.84 | 5.02 | 27.09 | 24.08 | -4.55 | 3.99 | -12.5 | 0.84 | 147.06 | 15.27 | -2.12 | 0.01 | 0.0 | 10.74 | 13.65 | 0.7 | 42.86 | 0.74 | 80.49 | 4.73 | 32.12 | 6.16 | 37.81 | -0.83 | 0 | 3.9 | 37.32 | 0.00 | 0 |
| 2019 (6) | 3.81 | 37.05 | 1.35 | 175.51 | 2.69 | -14.33 | 0 | 0 | 15.66 | -12.76 | 2.09 | -7.52 | 3.95 | -8.14 | 25.22 | 5.29 | 4.56 | 61.7 | 0.34 | 1033.33 | 15.6 | 16.16 | 0.01 | 0.0 | 9.45 | 0.0 | 0.49 | 81.48 | 0.41 | 925.0 | 3.58 | 26.06 | 4.47 | 42.36 | -0.74 | 0 | 2.84 | 16.87 | 0.00 | 0 |
| 2018 (5) | 2.78 | 2.21 | 0.49 | -78.88 | 3.14 | -57.39 | 0 | 0 | 17.95 | 41.01 | 2.26 | 201.33 | 4.3 | 0.47 | 23.96 | -28.75 | 2.82 | 4.44 | 0.03 | 0 | 13.43 | 16.48 | 0.01 | -50.0 | 9.45 | 14.55 | 0.27 | 42.11 | 0.04 | 300.0 | 2.84 | 162.96 | 3.14 | 145.31 | -0.41 | 0 | 2.43 | 133.65 | 0.00 | 0 |
| 2017 (4) | 2.72 | -7.17 | 2.32 | -15.64 | 7.37 | 369.43 | 0 | 0 | 12.73 | 41.76 | 0.75 | 0 | 4.28 | 62.74 | 33.62 | 14.8 | 2.7 | 91.49 | 0 | 0 | 11.53 | -13.7 | 0.02 | 0.0 | 8.25 | 0.0 | 0.19 | 0.0 | 0.01 | 0.0 | 1.08 | 227.27 | 1.28 | 141.51 | -0.04 | 0 | 1.04 | 225.0 | 0.00 | 0 |
| 2016 (3) | 2.93 | 75.45 | 2.75 | 56.25 | 1.57 | 50.96 | 0 | 0 | 8.98 | -31.19 | -0.57 | 0 | 2.63 | -40.63 | 29.29 | -13.72 | 1.41 | -20.79 | 0 | 0 | 13.36 | 27.24 | 0.02 | 0.0 | 8.25 | 11.94 | 0.19 | 90.0 | 0.01 | 0 | 0.33 | -76.43 | 0.53 | -64.67 | -0.01 | 0 | 0.32 | -76.98 | 0.00 | 0 |
| 2015 (2) | 1.67 | 106.17 | 1.76 | 300.0 | 1.04 | 55.22 | 0 | 0 | 13.05 | 3.24 | 0.86 | -29.51 | 4.43 | 39.75 | 33.95 | 35.36 | 1.78 | 22.76 | 0.01 | 0 | 10.5 | 45.83 | 0.02 | 0.0 | 7.37 | 17.54 | 0.1 | 0 | 0 | 0 | 1.4 | 33.33 | 1.5 | 42.86 | -0.01 | 0 | 1.39 | 33.65 | 0.00 | 0 |
| 2014 (1) | 0.81 | -50.0 | 0.44 | 340.0 | 0.67 | 42.55 | 0 | 0 | 12.64 | 59.6 | 1.22 | 60.53 | 3.17 | 76.11 | 25.08 | 10.35 | 1.45 | 36.79 | 0 | 0 | 7.2 | 22.24 | 0.02 | 0.0 | 6.27 | 12.57 | 0 | 0 | 0 | 0 | 1.05 | 0 | 1.05 | 0 | -0.01 | 0 | 1.04 | 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) | 4.03 | -18.26 | -23.67 | 2.69 | -9.73 | 8.03 | 15.51 | 143.87 | 223.13 | 0 | 0 | 0 | 2.99 | 26.69 | 17.25 | 0.18 | -5.26 | -62.5 | 3.8 | 20.63 | 18.75 | 39.79 | 15.08 | 162.37 | 3.62 | -6.46 | -14.62 | 3.33 | -2.63 | 73.44 | 22.35 | -21.63 | -19.28 | 0.03 | 0.0 | 200.0 | 12.38 | 0.0 | 0.0 | 1.47 | 0.0 | 8.89 | 0 | 0 | -100.0 | 5.4 | 4.45 | -22.53 | 6.86 | 3.31 | -24.78 | -0.28 | -3.7 | 64.56 | 5.12 | 4.49 | -17.15 | 0.06 | 46.28 | 62.15 |
| 24Q2 (19) | 4.93 | 11.29 | -45.76 | 2.98 | -16.99 | -40.4 | 6.36 | -4.22 | 73.77 | 0 | 0 | 0 | 2.36 | 26.88 | -54.09 | 0.19 | 151.35 | -80.0 | 3.15 | 12.9 | -34.92 | 34.58 | 47.36 | 106.04 | 3.87 | -15.32 | -8.73 | 3.42 | 66.02 | 87.91 | 28.52 | 11.02 | -3.91 | 0.03 | 200.0 | 200.0 | 12.38 | 0.0 | 0.08 | 1.47 | 8.89 | 8.89 | 0 | -100.0 | -100.0 | 5.17 | 8.39 | -17.94 | 6.64 | -3.91 | -21.33 | -0.27 | -92.86 | 64.0 | 4.9 | 5.83 | -11.71 | 0.04 | 22.31 | 9.65 |
| 24Q1 (18) | 4.43 | -12.62 | -57.77 | 3.59 | 26.41 | -28.91 | 6.64 | 12.73 | 94.72 | 0 | 0 | 0 | 1.86 | -20.51 | -62.65 | -0.37 | 28.85 | -163.79 | 2.79 | -4.12 | -47.56 | 23.47 | 21.03 | 32.54 | 4.57 | -1.51 | -14.74 | 2.06 | -5.5 | 54.89 | 25.69 | -2.73 | -12.8 | 0.01 | 0.0 | 0.0 | 12.38 | 0.0 | 2.15 | 1.35 | 0.0 | 22.73 | 0.79 | 0.0 | 46.3 | 4.77 | -19.56 | -21.67 | 6.91 | -14.37 | -10.61 | -0.14 | -800.0 | 79.41 | 4.63 | -22.18 | -14.42 | 0.03 | 4.91 | -12.03 |
| 23Q4 (17) | 5.07 | -3.98 | -55.99 | 2.84 | 14.06 | -47.7 | 5.89 | 22.71 | 83.49 | 0 | 0 | 0 | 2.34 | -8.24 | -72.24 | -0.52 | -208.33 | -161.9 | 2.91 | -9.06 | -66.7 | 19.39 | 27.83 | -27.49 | 4.64 | 9.43 | -18.02 | 2.18 | 13.54 | 4.31 | 26.41 | -4.62 | -9.15 | 0.01 | 0.0 | 0.0 | 12.38 | 0.0 | 2.15 | 1.35 | 0.0 | 22.73 | 0.79 | 0.0 | 46.3 | 5.93 | -14.92 | -8.35 | 8.07 | -11.51 | -0.49 | 0.02 | 102.53 | 102.53 | 5.95 | -3.72 | 4.75 | 0.03 | -13.61 | 422.01 |
| 23Q3 (16) | 5.28 | -41.91 | -59.66 | 2.49 | -50.2 | -53.37 | 4.8 | 31.15 | 63.27 | 0 | 0 | 0 | 2.55 | -50.39 | -75.22 | 0.48 | -49.47 | -50.52 | 3.2 | -33.88 | -68.63 | 15.17 | -9.63 | -53.28 | 4.24 | 0.0 | -38.64 | 1.92 | 5.49 | -11.93 | 27.69 | -6.7 | -3.08 | 0.01 | 0.0 | 0.0 | 12.38 | 0.08 | 2.15 | 1.35 | 0.0 | 22.73 | 0.79 | 0.0 | 46.3 | 6.97 | 10.63 | 25.13 | 9.12 | 8.06 | 26.49 | -0.79 | -5.33 | -14.49 | 6.18 | 11.35 | 26.64 | 0.03 | -1.09 | 646.17 |
| 23Q2 (15) | 9.09 | -13.35 | 72.49 | 5.0 | -0.99 | 157.73 | 3.66 | 7.33 | 6.4 | 0 | 0 | 0 | 5.14 | 3.21 | -19.06 | 0.95 | 63.79 | 251.85 | 4.84 | -9.02 | -9.36 | 16.78 | -5.21 | -23.32 | 4.24 | -20.9 | -33.44 | 1.82 | 36.84 | 9.64 | 29.68 | 0.75 | 46.71 | 0.01 | 0.0 | 0.0 | 12.37 | 2.06 | 5.19 | 1.35 | 22.73 | 22.73 | 0.79 | 46.3 | 46.3 | 6.3 | 3.45 | 37.25 | 8.44 | 9.18 | 35.47 | -0.75 | -10.29 | -13.64 | 5.55 | 2.59 | 41.22 | 0.04 | -1.87 | 577.39 |
| 23Q1 (14) | 10.49 | -8.94 | 122.25 | 5.05 | -7.0 | 8.14 | 3.41 | 6.23 | -23.2 | 0 | 0 | -100.0 | 4.98 | -40.93 | -34.65 | 0.58 | -30.95 | 176.19 | 5.32 | -39.13 | -39.95 | 17.70 | -33.78 | -57.8 | 5.36 | -5.3 | 34.0 | 1.33 | -36.36 | 3.91 | 29.46 | 1.34 | 58.64 | 0.01 | 0.0 | 0.0 | 12.12 | 0.0 | 3.06 | 1.1 | 0.0 | 14.58 | 0.54 | 0.0 | -34.94 | 6.09 | -5.87 | 46.75 | 7.73 | -4.69 | 30.13 | -0.68 | 13.92 | -17.24 | 5.41 | -4.75 | 51.54 | 0.04 | 522.54 | 585.77 |
| 22Q4 (13) | 11.52 | -11.99 | 80.56 | 5.43 | 1.69 | 14.56 | 3.21 | 9.18 | -27.54 | 0 | 0 | -100.0 | 8.43 | -18.08 | 17.74 | 0.84 | -13.4 | 140.0 | 8.74 | -14.31 | 27.03 | 26.74 | -17.64 | -40.04 | 5.66 | -18.09 | 12.75 | 2.09 | -4.13 | 117.71 | 29.07 | 1.75 | 51.8 | 0.01 | 0.0 | 0.0 | 12.12 | 0.0 | 5.85 | 1.1 | 0.0 | 14.58 | 0.54 | 0.0 | -34.94 | 6.47 | 16.16 | 46.05 | 8.11 | 12.48 | 30.18 | -0.79 | -14.49 | -46.3 | 5.68 | 16.39 | 46.02 | 0.01 | 23.49 | 694.3 |
| 22Q3 (12) | 13.09 | 148.39 | 97.44 | 5.34 | 175.26 | 78.6 | 2.94 | -14.53 | -45.25 | 0 | 0 | 0 | 10.29 | 62.05 | 214.68 | 0.97 | 259.26 | 110.87 | 10.2 | 91.01 | 95.4 | 32.46 | 48.33 | -27.42 | 6.91 | 8.48 | 0.58 | 2.18 | 31.33 | 127.08 | 28.57 | 41.23 | 50.84 | 0.01 | 0.0 | 0.0 | 12.12 | 3.06 | 5.85 | 1.1 | 0.0 | 14.58 | 0.54 | 0.0 | -34.94 | 5.57 | 21.35 | 37.87 | 7.21 | 15.73 | 23.46 | -0.69 | -4.55 | 18.82 | 4.88 | 24.17 | 52.98 | 0.00 | -10.2 | 526.94 |
| 22Q2 (11) | 5.27 | 11.65 | 103.47 | 1.94 | -58.46 | -30.96 | 3.44 | -22.52 | -12.02 | 0 | -100.0 | 0 | 6.35 | -16.67 | 106.84 | 0.27 | 28.57 | -34.15 | 5.34 | -39.73 | 8.98 | 21.89 | -47.83 | -19.92 | 6.37 | 59.25 | 24.41 | 1.66 | 29.69 | 95.29 | 20.23 | 8.94 | 46.59 | 0.01 | 0.0 | 0.0 | 11.76 | 0.0 | 2.98 | 1.1 | 14.58 | 57.14 | 0.54 | -34.94 | -27.03 | 4.59 | 10.6 | 16.5 | 6.23 | 4.88 | 15.8 | -0.66 | -13.79 | 22.35 | 3.93 | 10.08 | 27.18 | 0.01 | -0.66 | 568.13 |
| 22Q1 (10) | 4.72 | -26.02 | 64.46 | 4.67 | -1.48 | 76.23 | 4.44 | 0.23 | 13.85 | 0.1 | 0.0 | 0 | 7.62 | 6.42 | 294.82 | 0.21 | -40.0 | 110.0 | 8.86 | 28.78 | 178.62 | 41.95 | -5.92 | 176.64 | 4.0 | -20.32 | -20.0 | 1.28 | 33.33 | 52.38 | 18.57 | -3.03 | 52.97 | 0.01 | 0.0 | 0.0 | 11.76 | 2.71 | 2.98 | 0.96 | 0.0 | 37.14 | 0.83 | 0.0 | 12.16 | 4.15 | -6.32 | -14.08 | 5.94 | -4.65 | -5.26 | -0.58 | -7.41 | 30.12 | 3.57 | -8.23 | -10.75 | 0.01 | 621.05 | 596.02 |
| 21Q4 (9) | 6.38 | -3.77 | 12.92 | 4.74 | 58.53 | 177.19 | 4.43 | -17.5 | 12.72 | 0.1 | 0 | 0 | 7.16 | 118.96 | 110.59 | 0.35 | -23.91 | -5.41 | 6.88 | 31.8 | 37.05 | 44.59 | -0.32 | 85.28 | 5.02 | -26.93 | 25.81 | 0.96 | 0.0 | 14.29 | 19.15 | 1.11 | 25.41 | 0.01 | 0.0 | 0.0 | 11.45 | 0.0 | 6.61 | 0.96 | 0.0 | 37.14 | 0.83 | 0.0 | 12.16 | 4.43 | 9.65 | -6.34 | 6.23 | 6.68 | 1.14 | -0.54 | 36.47 | 34.94 | 3.89 | 21.94 | -0.26 | 0.00 | -2.53 | 0 |
| 21Q3 (8) | 6.63 | 155.98 | 214.22 | 2.99 | 6.41 | -30.79 | 5.37 | 37.34 | 84.54 | 0 | 0 | 0 | 3.27 | 6.51 | -65.69 | 0.46 | 12.2 | -65.41 | 5.22 | 6.53 | -52.67 | 44.73 | 63.68 | -15.49 | 6.87 | 34.18 | 79.84 | 0.96 | 12.94 | 14.29 | 18.94 | 37.25 | 41.87 | 0.01 | 0.0 | 0.0 | 11.45 | 0.26 | 7.01 | 0.96 | 37.14 | 37.14 | 0.83 | 12.16 | 12.16 | 4.04 | 2.54 | -7.34 | 5.84 | 8.55 | 0.86 | -0.85 | 0.0 | -14.86 | 3.19 | 3.24 | -11.88 | 0.00 | -4.3 | 0 |
| 21Q2 (7) | 2.59 | -9.76 | -3.0 | 2.81 | 6.04 | -34.19 | 3.91 | 0.26 | 24.13 | 0 | 0 | 0 | 3.07 | 59.07 | -49.75 | 0.41 | 310.0 | -46.75 | 4.9 | 54.09 | -24.62 | 27.33 | 80.21 | 0 | 5.12 | 2.4 | -16.88 | 0.85 | 1.19 | 2.41 | 13.8 | 13.67 | -6.57 | 0.01 | 0.0 | 0.0 | 11.42 | 0.0 | 20.85 | 0.7 | 0.0 | 0.0 | 0.74 | 0.0 | 0.0 | 3.94 | -18.43 | 30.46 | 5.38 | -14.19 | 20.63 | -0.85 | -2.41 | -14.86 | 3.09 | -22.75 | 35.53 | 0.00 | 3.49 | 0 |
| 21Q1 (6) | 2.87 | -49.2 | -27.71 | 2.65 | 54.97 | 65.62 | 3.9 | -0.76 | 21.12 | 0 | 0 | 0 | 1.93 | -43.24 | 6.04 | 0.1 | -72.97 | -37.5 | 3.18 | -36.65 | 21.84 | 15.16 | -36.99 | 0 | 5.0 | 25.31 | -24.59 | 0.84 | 0.0 | 1.2 | 12.14 | -20.5 | -20.29 | 0.01 | 0.0 | 0.0 | 11.42 | 6.33 | 20.85 | 0.7 | 0.0 | 42.86 | 0.74 | 0.0 | 80.49 | 4.83 | 2.11 | 29.14 | 6.27 | 1.79 | 35.42 | -0.83 | 0.0 | -12.16 | 4.0 | 2.56 | 33.33 | 0.00 | 0 | 0 |
| 20Q4 (5) | 5.65 | 167.77 | 48.29 | 1.71 | -60.42 | 26.67 | 3.93 | 35.05 | 46.1 | 0 | 0 | 0 | 3.4 | -64.32 | 0.59 | 0.37 | -72.18 | -24.49 | 5.02 | -54.49 | 27.09 | 24.07 | -54.53 | 0 | 3.99 | 4.45 | -12.5 | 0.84 | 0.0 | 147.06 | 15.27 | 14.38 | -2.12 | 0.01 | 0.0 | 0.0 | 10.74 | 0.37 | 13.65 | 0.7 | 0.0 | 42.86 | 0.74 | 0.0 | 80.49 | 4.73 | 8.49 | 32.12 | 6.16 | 6.39 | 37.81 | -0.83 | -12.16 | -12.16 | 3.9 | 7.73 | 37.32 | 0.00 | 0 | 0 |
| 20Q3 (4) | 2.11 | -20.97 | 0.0 | 4.32 | 1.17 | 0.0 | 2.91 | -7.62 | 0.0 | 0 | 0 | 0.0 | 9.53 | 55.97 | 0.0 | 1.33 | 72.73 | 0.0 | 11.03 | 69.69 | 0.0 | 52.93 | 0 | 0.0 | 3.82 | -37.99 | 0.0 | 0.84 | 1.2 | 0.0 | 13.35 | -9.61 | 0.0 | 0.01 | 0.0 | 0.0 | 10.7 | 13.23 | 0.0 | 0.7 | 0.0 | 0.0 | 0.74 | 0.0 | 0.0 | 4.36 | 44.37 | 0.0 | 5.79 | 29.82 | 0.0 | -0.74 | 0.0 | 0.0 | 3.62 | 58.77 | 0.0 | 0.00 | 0 | 0.0 |
