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) | 26.93 | -10.92 | 0 | 0 | 0 | 0 | 0 | 0 | 28.84 | -34.29 | 0.33 | -95.72 | 6.0 | -22.48 | 20.80 | 17.97 | 3.26 | -25.91 | 0 | 0 | 0 | 0 | 0.39 | -37.1 | 3.28 | 0.0 | 6.02 | 14.67 | 0 | 0 | 26.7 | -13.59 | 32.72 | -9.71 | 0 | 0 | 26.7 | -13.68 | 0.01 | -36.4 |
| 2022 (9) | 30.23 | 0.33 | 0 | 0 | 0 | 0 | 0 | 0 | 43.89 | 3.49 | 7.71 | -13.57 | 7.74 | -27.6 | 17.63 | -30.04 | 4.4 | -2.87 | 0 | 0 | 0 | 0 | 0.62 | 34.78 | 3.28 | 0.0 | 5.25 | 20.41 | 0.09 | 50.0 | 30.9 | 8.12 | 36.24 | 9.82 | 0.03 | 0 | 30.93 | 8.56 | 0.01 | 0 |
| 2021 (8) | 30.13 | 5.46 | 0 | 0 | 0 | 0 | 0 | 0 | 42.41 | 0.78 | 8.92 | -4.5 | 10.69 | 33.62 | 25.21 | 32.59 | 4.53 | 24.79 | 0 | 0 | 0 | 0 | 0.46 | 0.0 | 3.28 | 0.0 | 4.36 | 27.11 | 0.06 | 0.0 | 28.58 | 16.51 | 33.0 | 17.82 | -0.09 | 0 | 28.49 | 16.43 | 0.00 | 0 |
| 2020 (7) | 28.57 | 26.7 | 0 | 0 | 0 | 0 | 0 | 0 | 42.08 | 24.24 | 9.34 | 49.44 | 8.0 | -11.89 | 19.01 | -29.08 | 3.63 | -19.87 | 0 | 0 | 0 | 0 | 0.46 | -14.81 | 3.28 | 0.0 | 3.43 | 22.5 | 0.06 | 100.0 | 24.53 | 28.23 | 28.01 | 27.55 | -0.06 | 0 | 24.47 | 28.32 | 0.00 | 0 |
| 2019 (6) | 22.55 | -36.08 | 0 | 0 | 0 | 0 | 0 | 0 | 33.87 | 3.29 | 6.25 | -12.71 | 9.08 | 68.46 | 26.81 | 63.09 | 4.53 | 69.03 | 0 | 0 | 0 | 0 | 0.54 | 5.88 | 3.28 | 0.0 | 2.8 | 34.62 | 0.03 | 0.0 | 19.13 | 13.33 | 21.96 | 15.58 | -0.06 | 0 | 19.07 | 13.18 | 0.00 | 0 |
| 2018 (5) | 35.28 | -5.31 | 0 | 0 | 0 | 0 | 0 | 0 | 32.79 | 5.43 | 7.16 | -2.72 | 5.39 | 19.51 | 16.44 | 13.35 | 2.68 | 13.08 | 0 | 0 | 0 | 0 | 0.51 | -1.92 | 3.28 | 0.0 | 2.08 | 54.07 | 0.03 | 0 | 16.88 | 22.59 | 19.0 | 25.74 | -0.03 | 0 | 16.85 | 22.63 | 0.00 | 0 |
| 2017 (4) | 37.26 | 268.55 | 0 | 0 | 0 | 0 | 0 | 0 | 31.1 | 19.85 | 7.36 | 21.65 | 4.51 | 13.03 | 14.50 | -5.69 | 2.37 | -44.63 | 0 | 0 | 0 | 0 | 0.52 | 73.33 | 3.28 | 6.49 | 1.35 | 82.43 | 0 | 0 | 13.77 | 45.41 | 15.11 | 47.99 | -0.03 | 0 | 13.74 | 45.09 | 0.00 | 0 |
| 2016 (3) | 10.11 | 149.63 | 0 | 0 | 0 | 0 | 0 | 0 | 25.95 | 50.43 | 6.05 | 46.49 | 3.99 | 23.91 | 15.38 | -17.63 | 4.28 | 115.08 | 0 | 0 | 0 | 0 | 0.3 | 66.67 | 3.08 | 10.0 | 0.74 | 124.24 | 0 | 0 | 9.47 | 66.73 | 10.21 | 69.88 | 0 | 0 | 9.47 | 66.73 | 0.00 | 0 |
| 2015 (2) | 4.05 | 122.53 | 0 | 0 | 0.08 | 0 | 0 | 0 | 17.25 | 61.97 | 4.13 | 110.71 | 3.22 | 67.71 | 18.67 | 3.54 | 1.99 | 25.95 | 0 | 0 | 1.42 | -29.0 | 0.18 | 20.0 | 2.8 | 0.0 | 0.33 | 153.85 | 0 | 0 | 5.68 | 137.66 | 6.01 | 138.49 | 0 | 0 | 5.68 | 137.66 | 0.00 | 0 |
| 2014 (1) | 1.82 | 145.95 | 0 | 0 | 0 | 0 | 0 | 0 | 10.65 | 50.85 | 1.96 | 250.0 | 1.92 | 20.0 | 18.03 | -20.45 | 1.58 | 150.79 | 0 | 0 | 2.0 | 0 | 0.15 | 87.5 | 2.8 | 29.63 | 0.13 | 62.5 | 0 | 0 | 2.39 | 222.97 | 2.52 | 207.32 | 0 | 0 | 2.39 | 227.4 | 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) | 29.2 | 1.53 | 17.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.17 | 26.83 | 32.51 | 1.07 | 59.7 | 872.73 | 6.86 | 25.18 | 1.78 | 22.22 | 16.06 | 7.35 | 4.11 | 3.53 | 12.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0.3 | -16.67 | -34.78 | 3.28 | 0.0 | 0.0 | 6.05 | 0.0 | 0.5 | 0 | 0 | 0 | 28.38 | 3.92 | 7.01 | 34.43 | 3.21 | 5.81 | 0.1 | -28.57 | -16.67 | 28.48 | 3.75 | 6.91 | 0.00 | -27.57 | -60.08 |
| 24Q2 (19) | 28.76 | 9.35 | -1.27 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.23 | 6.95 | -2.82 | 0.67 | 378.57 | 91.43 | 5.48 | -19.65 | -5.35 | 19.14 | -19.06 | 25.39 | 3.97 | 22.15 | -1.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.36 | -5.26 | -29.41 | 3.28 | 0.0 | 0.0 | 6.05 | 0.5 | 0.5 | 0 | 0 | 0 | 27.31 | 1.75 | 3.41 | 33.36 | 1.52 | 2.87 | 0.14 | 27.27 | 0 | 27.45 | 1.86 | 3.94 | 0.00 | -23.52 | -51.3 |
| 24Q1 (18) | 26.3 | -2.34 | -11.89 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.76 | -12.44 | 0.15 | 0.14 | -17.65 | 145.16 | 6.82 | 13.67 | 54.65 | 23.65 | 13.63 | 127.04 | 3.25 | -0.31 | -20.73 | 0 | 0 | 0 | 0 | 0 | 0 | 0.38 | -2.56 | -34.48 | 3.28 | 0.0 | 0.0 | 6.02 | 0.0 | 14.67 | 0 | 0 | -100.0 | 26.84 | 0.52 | -12.29 | 32.86 | 0.43 | -8.57 | 0.11 | 0 | 266.67 | 26.95 | 0.94 | -12.01 | 0.01 | -15.42 | -41.02 |
| 23Q4 (17) | 26.93 | 8.46 | -10.92 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.72 | 11.56 | -32.64 | 0.17 | 54.55 | -90.45 | 6.0 | -10.98 | -22.48 | 20.81 | 0.57 | 17.99 | 3.26 | -10.93 | -25.91 | 0 | 0 | 0 | 0 | 0 | 0 | 0.39 | -15.22 | -37.1 | 3.28 | 0.0 | 0.0 | 6.02 | 0.0 | 14.67 | 0 | 0 | -100.0 | 26.7 | 0.68 | -13.59 | 32.72 | 0.55 | -9.71 | 0 | -100.0 | -100.0 | 26.7 | 0.23 | -13.68 | 0.01 | -14.79 | -36.4 |
| 23Q3 (16) | 24.83 | -14.76 | -1.94 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.92 | -6.99 | -43.65 | 0.11 | -68.57 | -95.2 | 6.74 | 16.41 | -24.94 | 20.69 | 35.56 | 4.05 | 3.66 | -8.73 | -38.28 | 0 | 0 | 0 | 0 | 0 | 0 | 0.46 | -9.8 | -33.33 | 3.28 | 0.0 | 0.0 | 6.02 | 0.0 | 14.67 | 0 | 0 | -100.0 | 26.52 | 0.42 | -8.93 | 32.54 | 0.34 | -5.57 | 0.12 | 0 | 33.33 | 26.64 | 0.87 | -8.8 | 0.01 | -11.65 | -32.26 |
| 23Q2 (15) | 29.13 | -2.41 | 0.17 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.44 | 10.22 | -37.22 | 0.35 | 212.9 | -86.06 | 5.79 | 31.29 | -30.32 | 15.26 | 46.56 | -19.27 | 4.01 | -2.2 | -32.94 | 0 | 0 | 0 | 0 | 0 | 0 | 0.51 | -12.07 | -32.0 | 3.28 | 0.0 | 0.0 | 6.02 | 14.67 | 14.67 | 0 | -100.0 | -100.0 | 26.41 | -13.69 | -1.57 | 32.43 | -9.77 | 0.81 | 0 | -100.0 | 0 | 26.41 | -13.78 | -1.57 | 0.01 | -7.37 | -32.21 |
| 23Q1 (14) | 29.85 | -1.26 | -6.63 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.75 | -41.1 | -18.58 | -0.31 | -117.42 | -127.68 | 4.41 | -43.02 | -40.32 | 10.42 | -40.95 | -39.99 | 4.1 | -6.82 | -29.31 | 0 | 0 | 0 | 0 | 0 | 0 | 0.58 | -6.45 | 41.46 | 3.28 | 0.0 | 0.0 | 5.25 | 0.0 | 20.41 | 0.09 | 0.0 | 50.0 | 30.6 | -0.97 | 3.03 | 35.94 | -0.83 | 5.33 | 0.03 | 0.0 | 0 | 30.63 | -0.97 | 3.13 | 0.01 | -8.79 | 0 |
| 22Q4 (13) | 30.23 | 19.39 | 0.33 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.46 | -6.68 | -9.98 | 1.78 | -22.27 | -36.43 | 7.74 | -13.81 | -27.6 | 17.64 | -11.31 | -30.04 | 4.4 | -25.8 | -2.87 | 0 | 0 | 0 | 0 | 0 | 0 | 0.62 | -10.14 | 34.78 | 3.28 | 0.0 | 0.0 | 5.25 | 0.0 | 20.41 | 0.09 | 0.0 | 50.0 | 30.9 | 6.11 | 8.12 | 36.24 | 5.17 | 9.82 | 0.03 | -66.67 | 133.33 | 30.93 | 5.89 | 8.56 | 0.01 | -9.25 | 0 |
| 22Q3 (12) | 25.32 | -12.93 | -0.28 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12.28 | 3.63 | 10.83 | 2.29 | -8.76 | 0.88 | 8.98 | 8.06 | -3.65 | 19.89 | 5.19 | -14.3 | 5.93 | -0.84 | 14.48 | 0 | 0 | 0 | 0 | 0 | 0 | 0.69 | -8.0 | 35.29 | 3.28 | 0.0 | 0.0 | 5.25 | 0.0 | 20.41 | 0.09 | 0.0 | 50.0 | 29.12 | 8.54 | 12.96 | 34.46 | 7.12 | 14.11 | 0.09 | 0 | 190.0 | 29.21 | 8.87 | 13.75 | 0.01 | -11.59 | 0 |
| 22Q2 (11) | 29.08 | -9.04 | -2.12 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.85 | 42.94 | 13.07 | 2.51 | 124.11 | 16.2 | 8.31 | 12.45 | -3.03 | 18.91 | 8.94 | -9.34 | 5.98 | 3.1 | 18.89 | 0 | 0 | 0 | 0 | 0 | 0 | 0.75 | 82.93 | 27.12 | 3.28 | 0.0 | 0.0 | 5.25 | 20.41 | 20.41 | 0.09 | 50.0 | 50.0 | 26.83 | -9.66 | 14.17 | 32.17 | -5.72 | 15.22 | 0 | 0 | 100.0 | 26.83 | -9.66 | 14.61 | 0.01 | 0 | 0 |
| 22Q1 (10) | 31.97 | 6.11 | 6.85 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.29 | -34.88 | 2.22 | 1.12 | -60.0 | -33.33 | 7.39 | -30.87 | 2.78 | 17.36 | -31.16 | -0.6 | 5.8 | 28.04 | 36.47 | 0 | 0 | 0 | 0 | 0 | 0 | 0.41 | -10.87 | 0.0 | 3.28 | 0.0 | 0.0 | 4.36 | 0.0 | 27.11 | 0.06 | 0.0 | 0.0 | 29.7 | 3.92 | 13.36 | 34.12 | 3.39 | 14.92 | 0 | 100.0 | 100.0 | 29.7 | 4.25 | 13.66 | 0.00 | 0 | 0 |
| 21Q4 (9) | 30.13 | 18.67 | 5.46 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12.73 | 14.89 | 21.35 | 2.8 | 23.35 | 19.15 | 10.69 | 14.7 | 33.62 | 25.21 | 8.64 | 32.58 | 4.53 | -12.55 | 24.79 | 0 | 0 | 0 | 0 | 0 | 0 | 0.46 | -9.8 | 0.0 | 3.28 | 0.0 | 0.0 | 4.36 | 0.0 | 27.11 | 0.06 | 0.0 | 0.0 | 28.58 | 10.86 | 16.51 | 33.0 | 9.27 | 17.82 | -0.09 | 10.0 | -50.0 | 28.49 | 10.94 | 16.43 | 0.00 | 0 | 0 |
| 21Q3 (8) | 25.39 | -14.54 | -4.73 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.08 | 5.73 | -7.74 | 2.27 | 5.09 | -20.91 | 9.32 | 8.75 | 29.99 | 23.21 | 11.27 | 34.84 | 5.18 | 2.98 | 15.62 | 0 | 0 | 0 | 0 | 0 | 0 | 0.51 | -13.56 | 0.0 | 3.28 | 0.0 | 0.0 | 4.36 | 0.0 | 27.11 | 0.06 | 0.0 | 0.0 | 25.78 | 9.7 | 16.23 | 30.2 | 8.17 | 17.65 | -0.1 | -11.11 | -42.86 | 25.68 | 9.7 | 16.15 | 0.00 | 0 | 0 |
| 21Q2 (7) | 29.71 | -0.7 | 11.19 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.48 | 29.22 | -0.85 | 2.16 | 28.57 | -7.3 | 8.57 | 19.19 | 18.86 | 20.86 | 19.45 | 0 | 5.03 | 18.35 | -7.54 | 0 | 0 | 0 | 0 | 0 | 0 | 0.59 | 43.9 | 7.27 | 3.28 | 0.0 | 0.0 | 4.36 | 27.11 | 27.11 | 0.06 | 0.0 | 0.0 | 23.5 | -10.31 | 21.7 | 27.92 | -5.96 | 22.46 | -0.09 | -28.57 | 0.0 | 23.41 | -10.41 | 21.8 | 0.00 | 0 | 0 |
| 21Q1 (6) | 29.92 | 4.73 | 28.63 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.11 | -22.69 | -9.89 | 1.68 | -28.51 | -6.15 | 7.19 | -10.12 | -20.73 | 17.46 | -8.18 | 0 | 4.25 | 17.08 | -23.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0.41 | -10.87 | -19.61 | 3.28 | 0.0 | 0.0 | 3.43 | 0.0 | 22.5 | 0.06 | 0.0 | 100.0 | 26.2 | 6.81 | 25.24 | 29.69 | 6.0 | 25.01 | -0.07 | -16.67 | -16.67 | 26.13 | 6.78 | 25.26 | 0.00 | 0 | 0 |
| 20Q4 (5) | 28.57 | 7.2 | 26.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.49 | -12.66 | 4.07 | 2.35 | -18.12 | 41.57 | 8.0 | 11.58 | -11.89 | 19.02 | 10.49 | 0 | 3.63 | -18.97 | -19.87 | 0 | 0 | 0 | 0 | 0 | 0 | 0.46 | -9.8 | -14.81 | 3.28 | 0.0 | 0.0 | 3.43 | 0.0 | 22.5 | 0.06 | 0.0 | 100.0 | 24.53 | 10.6 | 28.23 | 28.01 | 9.12 | 27.55 | -0.06 | 14.29 | 0.0 | 24.47 | 10.67 | 28.32 | 0.00 | 0 | 0 |
| 20Q3 (4) | 26.65 | -0.26 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 12.01 | 13.62 | 0.0 | 2.87 | 23.18 | 0.0 | 7.17 | -0.55 | 0.0 | 17.21 | 0 | 0.0 | 4.48 | -17.65 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0.51 | -7.27 | 0.0 | 3.28 | 0.0 | 0.0 | 3.43 | 0.0 | 0.0 | 0.06 | 0.0 | 0.0 | 22.18 | 14.86 | 0.0 | 25.67 | 12.59 | 0.0 | -0.07 | 22.22 | 0.0 | 22.11 | 15.04 | 0.0 | 0.00 | 0 | 0.0 |
