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) | 15.01 | -18.69 | 9.09 | 220.07 | 0.16 | 300.0 | 0 | 0 | 67.9 | 7.42 | 16.56 | 7.39 | 8.31 | 11.54 | 12.24 | 3.84 | 5.83 | 2.46 | 0.2 | 0 | 3.65 | 0.0 | 0.2 | -9.09 | 7.8 | 11.43 | 5.2 | 41.3 | 0.13 | -18.75 | 43.53 | 22.76 | 48.86 | 24.33 | -0.28 | 0 | 43.25 | 22.42 | 0.01 | -18.2 |
| 2022 (9) | 18.46 | -0.16 | 2.84 | -36.18 | 0.04 | 0 | 0 | 0 | 63.21 | 12.98 | 15.42 | 23.46 | 7.45 | 18.82 | 11.79 | 5.17 | 5.69 | -0.87 | 0 | 0 | 3.65 | 157.04 | 0.22 | 57.14 | 7.0 | 0.0 | 3.68 | 51.44 | 0.16 | 100.0 | 35.46 | 29.09 | 39.3 | 31.09 | -0.13 | 0 | 35.33 | 29.37 | 0.01 | 123.88 |
| 2021 (8) | 18.49 | 48.39 | 4.45 | 20.92 | 0 | 0 | 0 | 0 | 55.95 | 40.65 | 12.49 | 74.69 | 6.27 | 9.04 | 11.21 | -22.47 | 5.74 | 47.56 | 0 | 0 | 1.42 | 846.67 | 0.14 | 133.33 | 7.0 | 0.0 | 2.43 | 42.11 | 0.08 | -20.0 | 27.47 | 43.22 | 29.98 | 42.83 | -0.16 | 0 | 27.31 | 42.98 | 0.00 | 0 |
| 2020 (7) | 12.46 | 53.26 | 3.68 | 185.27 | 0 | 0 | 0 | 0 | 39.78 | 18.57 | 7.15 | 50.53 | 5.75 | 127.27 | 14.45 | 91.68 | 3.89 | -29.27 | 0 | 0 | 0.15 | 0 | 0.06 | 20.0 | 7.0 | 0.0 | 1.71 | 37.9 | 0.1 | 100.0 | 19.18 | 34.13 | 20.99 | 34.64 | -0.08 | 0 | 19.1 | 34.51 | 0.00 | 0 |
| 2019 (6) | 8.13 | 89.07 | 1.29 | -19.38 | 0 | 0 | 0 | 0 | 33.55 | 7.09 | 4.75 | -12.2 | 2.53 | 31.77 | 7.54 | 23.05 | 5.5 | -30.99 | 0 | 0 | 0 | 0 | 0.05 | 150.0 | 7.0 | 16.67 | 1.24 | 77.14 | 0.05 | 25.0 | 14.3 | 30.12 | 15.59 | 32.91 | -0.1 | 0 | 14.2 | 29.8 | 0.00 | 0 |
| 2018 (5) | 4.3 | -26.5 | 1.6 | 64.95 | 1.13 | 105.45 | 0 | 0 | 31.33 | 43.58 | 5.41 | 78.55 | 1.92 | 66.96 | 6.13 | 16.28 | 7.97 | 141.52 | 0 | 0 | 4.88 | 960.87 | 0.02 | 100.0 | 6.0 | 0.0 | 0.7 | 79.49 | 0.04 | 0.0 | 10.99 | 86.59 | 11.73 | 85.6 | -0.05 | 0 | 10.94 | 87.01 | 0.00 | 0 |
| 2017 (4) | 5.85 | 125.87 | 0.97 | 0 | 0.55 | -8.33 | 0 | 0 | 21.82 | 31.53 | 3.03 | 62.03 | 1.15 | 1.77 | 5.27 | -22.62 | 3.3 | 10.74 | 0 | 0 | 0.46 | -60.0 | 0.01 | -50.0 | 6.0 | 0.0 | 0.39 | 85.71 | 0.04 | 0 | 5.89 | 60.05 | 6.32 | 62.47 | -0.04 | 0 | 5.85 | 60.71 | 0.00 | 0 |
| 2016 (3) | 2.59 | -15.64 | 0 | 0 | 0.6 | -38.14 | 0 | 0 | 16.59 | 26.83 | 1.87 | 47.24 | 1.13 | 66.18 | 6.81 | 31.02 | 2.98 | -7.45 | 0 | 0 | 1.15 | -34.29 | 0.02 | -60.0 | 6.0 | 0.0 | 0.21 | 162.5 | 0 | 0 | 3.68 | 89.69 | 3.89 | 92.57 | -0.04 | 0 | 3.64 | 87.63 | 0.00 | 0 |
| 2015 (2) | 3.07 | -20.05 | 0 | 0 | 0.97 | 0.0 | 0 | 0 | 13.08 | 42.02 | 1.27 | 84.06 | 0.68 | 51.11 | 5.20 | 6.4 | 3.22 | 54.07 | 0 | 0 | 1.75 | 2.34 | 0.05 | 66.67 | 6.0 | 0.0 | 0.08 | 700.0 | 0 | 0 | 1.94 | 162.16 | 2.02 | 169.33 | 0 | 0 | 1.94 | 162.16 | 0.00 | 0 |
| 2014 (1) | 3.84 | 109.84 | 0 | 0 | 0.97 | 83.02 | 0 | 0 | 9.21 | 56.37 | 0.69 | 53.33 | 0.45 | 164.71 | 4.89 | 69.29 | 2.09 | 16.11 | 0 | 0 | 1.71 | -15.35 | 0.03 | 200.0 | 6.0 | 20.0 | 0.01 | 0 | 0 | 0 | 0.74 | 1133.33 | 0.75 | 1150.0 | 0 | 0 | 0.74 | 1133.33 | 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) | 16.1 | 52.61 | -31.92 | 6.69 | 40.25 | 42.04 | 0.07 | -12.5 | -58.82 | 0 | 0 | 0 | 16.59 | 1.28 | -1.07 | 4.38 | -7.79 | 15.87 | 7.88 | -0.38 | -12.74 | 11.16 | -0.13 | -19.31 | 7.81 | -0.26 | 27.61 | 0.2 | 0.0 | 0.0 | 5.15 | 9.81 | 110.2 | 0.2 | -9.09 | 25.0 | 7.8 | 0.0 | 0.0 | 6.86 | 0.0 | 31.92 | 0.28 | 0.0 | 115.38 | 48.15 | 10.01 | 27.41 | 55.28 | 8.61 | 28.2 | -0.13 | 43.48 | 18.75 | 48.02 | 10.29 | 27.61 | 0.01 | 3.1 | 6.09 |
| 24Q2 (19) | 10.55 | -6.64 | 2.93 | 4.77 | -16.17 | -25.59 | 0.08 | -11.11 | -20.0 | 0 | 0 | 0 | 16.38 | -5.04 | 1.42 | 4.75 | -6.86 | 29.78 | 7.91 | -4.0 | -10.32 | 11.18 | -4.32 | -17.73 | 7.83 | 22.92 | 43.14 | 0.2 | 0.0 | 0 | 4.69 | -0.42 | 84.65 | 0.22 | 22.22 | 15.79 | 7.8 | 0.0 | 11.43 | 6.86 | 31.92 | 31.92 | 0.28 | 115.38 | 115.38 | 43.77 | 7.2 | 28.7 | 50.9 | 10.27 | 29.38 | -0.23 | -43.75 | 11.54 | 43.54 | 7.06 | 29.01 | 0.01 | -5.79 | -21.28 |
| 24Q1 (18) | 11.3 | -24.72 | 12.21 | 5.69 | -37.4 | 4.6 | 0.09 | -43.75 | -10.0 | 0 | 0 | 0 | 17.25 | -15.36 | 18.15 | 5.1 | -11.15 | 50.89 | 8.24 | -0.84 | 10.46 | 11.68 | -4.57 | -1.47 | 6.37 | 9.26 | 8.15 | 0.2 | 0.0 | 0 | 4.71 | 29.04 | 83.98 | 0.18 | -10.0 | -18.18 | 7.8 | 0.0 | 11.43 | 5.2 | 0.0 | 41.3 | 0.13 | 0.0 | -18.75 | 40.83 | -6.2 | 28.19 | 46.16 | -5.53 | 29.37 | -0.16 | 42.86 | -14.29 | 40.67 | -5.97 | 28.26 | 0.01 | 11.02 | -23.41 |
| 23Q4 (17) | 15.01 | -36.53 | -18.69 | 9.09 | 92.99 | 220.07 | 0.16 | -5.88 | 300.0 | 0 | 0 | 0 | 20.38 | 21.53 | 14.75 | 5.74 | 51.85 | 36.99 | 8.31 | -7.97 | 11.54 | 12.24 | -11.52 | 3.84 | 5.83 | -4.74 | 2.46 | 0.2 | 0.0 | 0 | 3.65 | 48.98 | 0.0 | 0.2 | 25.0 | -9.09 | 7.8 | 0.0 | 11.43 | 5.2 | 0.0 | 41.3 | 0.13 | 0.0 | -18.75 | 43.53 | 15.19 | 22.76 | 48.86 | 13.31 | 24.33 | -0.28 | -75.0 | -115.38 | 43.25 | 14.93 | 22.42 | 0.01 | -1.62 | -18.2 |
| 23Q3 (16) | 23.65 | 130.73 | 60.56 | 4.71 | -26.52 | 32.68 | 0.17 | 70.0 | 466.67 | 0 | 0 | 0 | 16.77 | 3.84 | 2.13 | 3.78 | 3.28 | -10.21 | 9.03 | 2.38 | -0.33 | 13.83 | 1.83 | -6.88 | 6.12 | 11.88 | -6.99 | 0.2 | 0 | 0 | 2.45 | -3.54 | -33.96 | 0.16 | -15.79 | -27.27 | 7.8 | 11.43 | 11.43 | 5.2 | 0.0 | 41.3 | 0.13 | 0.0 | -18.75 | 37.79 | 11.11 | 20.62 | 43.12 | 9.61 | 22.6 | -0.16 | 38.46 | 0.0 | 37.63 | 11.5 | 20.73 | 0.01 | -23.5 | -15.0 |
| 23Q2 (15) | 10.25 | 1.79 | -47.49 | 6.41 | 17.83 | 16.33 | 0.1 | 0.0 | 400.0 | 0 | 0 | 0 | 16.15 | 10.62 | 14.13 | 3.66 | 8.28 | 7.02 | 8.82 | 18.23 | 15.14 | 13.58 | 14.59 | 5.87 | 5.47 | -7.13 | -19.32 | 0 | 0 | 0 | 2.54 | -0.78 | -30.41 | 0.19 | -13.64 | 35.71 | 7.0 | 0.0 | 0.0 | 5.2 | 41.3 | 41.3 | 0.13 | -18.75 | -18.75 | 34.01 | 6.78 | 24.99 | 39.34 | 10.26 | 26.74 | -0.26 | -85.71 | -36.84 | 33.75 | 6.43 | 24.91 | 0.01 | -8.34 | 172.67 |
| 23Q1 (14) | 10.07 | -45.45 | -49.62 | 5.44 | 91.55 | -17.82 | 0.1 | 150.0 | 900.0 | 0 | 0 | 0 | 14.6 | -17.79 | -1.88 | 3.38 | -19.33 | -6.11 | 7.46 | 0.13 | 16.93 | 11.85 | 0.58 | 10.29 | 5.89 | 3.51 | -6.8 | 0 | 0 | 0 | 2.56 | -29.86 | 77.78 | 0.22 | 0.0 | 57.14 | 7.0 | 0.0 | 0.0 | 3.68 | 0.0 | 51.44 | 0.16 | 0.0 | 100.0 | 31.85 | -10.18 | 26.79 | 35.68 | -9.21 | 29.18 | -0.14 | -7.69 | -40.0 | 31.71 | -10.25 | 26.74 | 0.01 | 18.58 | 166.55 |
| 22Q4 (13) | 18.46 | 25.32 | -0.16 | 2.84 | -20.0 | -36.18 | 0.04 | 33.33 | 0 | 0 | 0 | 0 | 17.76 | 8.16 | 14.29 | 4.19 | -0.48 | 14.17 | 7.45 | -17.77 | 18.82 | 11.79 | -20.66 | 5.15 | 5.69 | -13.53 | -0.87 | 0 | 0 | 0 | 3.65 | -1.62 | 157.04 | 0.22 | 0.0 | 57.14 | 7.0 | 0.0 | 0.0 | 3.68 | 0.0 | 51.44 | 0.16 | 0.0 | 100.0 | 35.46 | 13.18 | 29.09 | 39.3 | 11.74 | 31.09 | -0.13 | 18.75 | 18.75 | 35.33 | 13.35 | 29.37 | 0.01 | 2.23 | 123.88 |
| 22Q3 (12) | 14.73 | -24.54 | -9.96 | 3.55 | -35.57 | -10.13 | 0.03 | 50.0 | 0 | 0 | 0 | 0 | 16.42 | 16.04 | 8.53 | 4.21 | 23.1 | 16.62 | 9.06 | 18.28 | 27.25 | 14.85 | 15.78 | 13.77 | 6.58 | -2.95 | 30.3 | 0 | 0 | 0 | 3.71 | 1.64 | 168.84 | 0.22 | 57.14 | 69.23 | 7.0 | 0.0 | 0.0 | 3.68 | 0.0 | 51.44 | 0.16 | 0.0 | 100.0 | 31.33 | 15.14 | 31.69 | 35.17 | 13.31 | 33.73 | -0.16 | 15.79 | 0.0 | 31.17 | 15.36 | 31.91 | 0.01 | 145.41 | 104.41 |
| 22Q2 (11) | 19.52 | -2.35 | 15.09 | 5.51 | -16.77 | 94.01 | 0.02 | 100.0 | 0 | 0 | 0 | 0 | 14.15 | -4.91 | 2.46 | 3.42 | -5.0 | 15.93 | 7.66 | 20.06 | 39.02 | 12.83 | 19.38 | 15.22 | 6.78 | 7.28 | 63.37 | 0 | 0 | 0 | 3.65 | 153.47 | 575.93 | 0.14 | 0.0 | 75.0 | 7.0 | 0.0 | 0.0 | 3.68 | 51.44 | 51.44 | 0.16 | 100.0 | 100.0 | 27.21 | 8.32 | 34.84 | 31.04 | 12.38 | 36.8 | -0.19 | -90.0 | -26.67 | 27.02 | 7.99 | 34.9 | 0.00 | -10.4 | 0 |
| 22Q1 (10) | 19.99 | 8.11 | 11.43 | 6.62 | 48.76 | 116.34 | 0.01 | 0 | 0 | 0 | 0 | 0 | 14.88 | -4.25 | 29.84 | 3.6 | -1.91 | 60.0 | 6.38 | 1.75 | 39.3 | 10.75 | -4.11 | 3.3 | 6.32 | 10.1 | 61.22 | 0 | 0 | 0 | 1.44 | 1.41 | 860.0 | 0.14 | 0.0 | 133.33 | 7.0 | 0.0 | 0.0 | 2.43 | 0.0 | 42.11 | 0.08 | 0.0 | -20.0 | 25.12 | -8.55 | 40.1 | 27.62 | -7.87 | 39.92 | -0.1 | 37.5 | 16.67 | 25.02 | -8.39 | 40.48 | 0.00 | -0.4 | 0 |
| 21Q4 (9) | 18.49 | 13.02 | 48.39 | 4.45 | 12.66 | 20.92 | 0 | 0 | 0 | 0 | 0 | 0 | 15.54 | 2.71 | 9.98 | 3.67 | 1.66 | 30.6 | 6.27 | -11.94 | 9.04 | 11.21 | -14.16 | -22.48 | 5.74 | 13.66 | 47.56 | 0 | 0 | 0 | 1.42 | 2.9 | 846.67 | 0.14 | 7.69 | 133.33 | 7.0 | 0.0 | 0.0 | 2.43 | 0.0 | 42.11 | 0.08 | 0.0 | -20.0 | 27.47 | 15.47 | 43.22 | 29.98 | 13.99 | 42.83 | -0.16 | 0.0 | -100.0 | 27.31 | 15.57 | 42.98 | 0.00 | -6.66 | 0 |
| 21Q3 (8) | 16.36 | -3.54 | 43.51 | 3.95 | 39.08 | 51.34 | 0 | 0 | 0 | 0 | 0 | 0 | 15.13 | 9.56 | 50.1 | 3.61 | 22.37 | 77.83 | 7.12 | 29.22 | 74.08 | 13.06 | 17.25 | 13.75 | 5.05 | 21.69 | -4.9 | 0 | 0 | 0 | 1.38 | 155.56 | 2660.0 | 0.13 | 62.5 | 160.0 | 7.0 | 0.0 | 0.0 | 2.43 | 0.0 | 42.11 | 0.08 | 0.0 | -20.0 | 23.79 | 17.89 | 45.33 | 26.3 | 15.91 | 44.66 | -0.16 | -6.67 | -60.0 | 23.63 | 17.97 | 45.24 | 0.00 | 0 | 0 |
| 21Q2 (7) | 16.96 | -5.46 | 64.98 | 2.84 | -7.19 | 56.91 | 0 | 0 | 0 | 0 | 0 | 0 | 13.81 | 20.51 | 65.39 | 2.95 | 31.11 | 110.71 | 5.51 | 20.31 | 120.4 | 11.14 | 7.03 | 0 | 4.15 | 5.87 | -20.35 | 0 | 0 | 0 | 0.54 | 260.0 | 980.0 | 0.08 | 33.33 | 100.0 | 7.0 | 0.0 | 0.0 | 2.43 | 42.11 | 42.11 | 0.08 | -20.0 | -20.0 | 20.18 | 12.55 | 40.73 | 22.69 | 14.94 | 40.5 | -0.15 | -25.0 | -15.38 | 20.03 | 12.46 | 40.96 | 0.00 | 0 | 0 |
| 21Q1 (6) | 17.94 | 43.98 | 269.14 | 3.06 | -16.85 | 185.98 | 0 | 0 | 0 | 0 | 0 | 0 | 11.46 | -18.9 | 58.95 | 2.25 | -19.93 | 147.25 | 4.58 | -20.35 | 81.75 | 10.40 | -28.04 | 0 | 3.92 | 0.77 | -27.94 | 0 | 0 | 0 | 0.15 | 0.0 | 200.0 | 0.06 | 0.0 | 50.0 | 7.0 | 0.0 | 0.0 | 1.71 | 0.0 | 37.9 | 0.1 | 0.0 | 100.0 | 17.93 | -6.52 | 33.21 | 19.74 | -5.96 | 33.83 | -0.12 | -50.0 | -20.0 | 17.81 | -6.75 | 33.31 | 0.00 | 0 | 0 |
| 20Q4 (5) | 12.46 | 9.3 | 53.26 | 3.68 | 41.0 | 185.27 | 0 | 0 | 0 | 0 | 0 | 0 | 14.13 | 40.18 | 41.44 | 2.81 | 38.42 | 58.76 | 5.75 | 40.59 | 127.27 | 14.46 | 25.95 | 0 | 3.89 | -26.74 | -29.27 | 0 | 0 | 0 | 0.15 | 200.0 | 0 | 0.06 | 20.0 | 20.0 | 7.0 | 0.0 | 0.0 | 1.71 | 0.0 | 37.9 | 0.1 | 0.0 | 100.0 | 19.18 | 17.17 | 34.13 | 20.99 | 15.46 | 34.64 | -0.08 | 20.0 | 20.0 | 19.1 | 17.39 | 34.51 | 0.00 | 0 | 0 |
| 20Q3 (4) | 11.4 | 10.89 | 0.0 | 2.61 | 44.2 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 10.08 | 20.72 | 0.0 | 2.03 | 45.0 | 0.0 | 4.09 | 63.6 | 0.0 | 11.48 | 0 | 0.0 | 5.31 | 1.92 | 0.0 | 0 | 0 | 0.0 | 0.05 | 0.0 | 0.0 | 0.05 | 25.0 | 0.0 | 7.0 | 0.0 | 0.0 | 1.71 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 16.37 | 14.16 | 0.0 | 18.18 | 12.57 | 0.0 | -0.1 | 23.08 | 0.0 | 16.27 | 14.5 | 0.0 | 0.00 | 0 | 0.0 |
