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) | 3.67 | 11.55 | 0.27 | 0 | 0.1 | 0.0 | 0 | 0 | 14.93 | -6.69 | 2.55 | 25.62 | 1.92 | -27.55 | 12.86 | -22.35 | 2.46 | -21.15 | 6.64 | 9.39 | 1.34 | -7.59 | 0.04 | -33.33 | 3.35 | 0.6 | 1.52 | 16.03 | 0.34 | -32.0 | 3.12 | 34.48 | 4.98 | 20.29 | -0.3 | 0 | 2.82 | 42.42 | 0.01 | -7.89 |
| 2022 (9) | 3.29 | 79.78 | 0 | 0 | 0.1 | -9.09 | 0 | 0 | 16.0 | 33.11 | 2.03 | 58.59 | 2.65 | 28.64 | 16.56 | -3.36 | 3.12 | 15.13 | 6.07 | -27.65 | 1.45 | -6.45 | 0.06 | 20.0 | 3.33 | 9.9 | 1.31 | 10.08 | 0.5 | 11.11 | 2.32 | 57.82 | 4.14 | 33.12 | -0.34 | 0 | 1.98 | 104.12 | 0.01 | -26.12 |
| 2021 (8) | 1.83 | -53.32 | 1.05 | 0 | 0.11 | 0 | 0 | 0 | 12.02 | -10.76 | 1.28 | -23.35 | 2.06 | 34.64 | 17.14 | 50.88 | 2.71 | 51.4 | 8.39 | 56.24 | 1.55 | 0 | 0.05 | 0.0 | 3.03 | 10.18 | 1.19 | 16.67 | 0.45 | 12.5 | 1.47 | -23.44 | 3.11 | -6.89 | -0.5 | 0 | 0.97 | -34.01 | 0.01 | -8.43 |
| 2020 (7) | 3.92 | -4.16 | 0 | 0 | 0 | 0 | 0 | 0 | 13.47 | -9.17 | 1.67 | -30.13 | 1.53 | -6.71 | 11.36 | 2.71 | 1.79 | 2.87 | 5.37 | 6.13 | 0 | 0 | 0.05 | 400.0 | 2.75 | 25.0 | 1.02 | 30.77 | 0.4 | 0 | 1.92 | -30.43 | 3.34 | -5.65 | -0.45 | 0 | 1.47 | -37.71 | 0.01 | -19.28 |
| 2019 (6) | 4.09 | 84.23 | 0 | 0 | 0 | 0 | 0 | 0 | 14.83 | 4.07 | 2.39 | 22.56 | 1.64 | -34.14 | 11.06 | -36.71 | 1.74 | 1.16 | 5.06 | 0 | 0 | 0 | 0.01 | 0.0 | 2.2 | 10.0 | 0.78 | 32.2 | 0 | 0 | 2.76 | 33.98 | 3.54 | 33.58 | -0.4 | 0 | 2.36 | 34.86 | 0.01 | -32.06 |
| 2018 (5) | 2.22 | -66.0 | 0 | 0 | 0 | 0 | 0 | 0 | 14.25 | 9.95 | 1.95 | 68.1 | 2.49 | 25.13 | 17.47 | 13.8 | 1.72 | -1.15 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | 2.0 | 0.0 | 0.59 | 25.53 | 0 | 0 | 2.06 | 34.64 | 2.65 | 32.5 | -0.31 | 0 | 1.75 | 17.45 | 0.02 | 0 |
| 2017 (4) | 6.53 | -16.5 | 0 | 0 | 0 | 0 | 0 | 0 | 12.96 | 15.0 | 1.16 | -29.27 | 1.99 | -4.78 | 15.35 | -17.2 | 1.74 | 20.83 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | 2.0 | 9.89 | 0.47 | 51.61 | 0 | 0 | 1.53 | -23.12 | 2.0 | -13.04 | -0.04 | 0 | 1.49 | -25.5 | 0.00 | 0 |
| 2016 (3) | 7.82 | 325.0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.27 | 20.28 | 1.64 | 37.82 | 2.09 | 33.12 | 18.54 | 10.68 | 1.44 | 41.18 | 0 | 0 | 0 | 0 | 0.01 | 0 | 1.82 | 27.27 | 0.31 | 63.16 | 0 | 0 | 1.99 | 35.37 | 2.3 | 38.55 | 0.01 | -50.0 | 2.0 | 34.23 | 0.00 | 0 |
| 2015 (2) | 1.84 | 80.39 | 0 | 0 | 0 | 0 | 0 | 0 | 9.37 | 19.97 | 1.19 | 41.67 | 1.57 | 30.83 | 16.76 | 9.05 | 1.02 | 3.03 | 0 | 0 | 0 | 0 | 0 | 0 | 1.43 | 10.0 | 0.19 | 90.0 | 0 | 0 | 1.47 | 65.17 | 1.66 | 67.68 | 0.02 | 100.0 | 1.49 | 65.56 | 0.00 | 0 |
| 2014 (1) | 1.02 | 50.0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.81 | 18.33 | 0.84 | 90.91 | 1.2 | 14.29 | 15.36 | -3.42 | 0.99 | 25.32 | 0 | 0 | 0 | 0 | 0 | 0 | 1.3 | 34.02 | 0.1 | 66.67 | 0 | 0 | 0.89 | 85.42 | 0.99 | 83.33 | 0.01 | 0 | 0.9 | 87.5 | 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) | 2.76 | -23.76 | -18.82 | 0.9 | 233.33 | 233.33 | 0.11 | 0.0 | 10.0 | 0 | 0 | 0 | 2.84 | -5.02 | -23.66 | 0.27 | -28.95 | -58.46 | 1.51 | -15.64 | -29.44 | 11.68 | -9.9 | -15.69 | 3.49 | 9.4 | 3.25 | 6.71 | 3.23 | 1.67 | 1.27 | -1.55 | -7.3 | 0.02 | 0.0 | -50.0 | 3.86 | 0.0 | 15.22 | 1.77 | 0.0 | 16.45 | 0.3 | 0.0 | -11.76 | 1.89 | 16.67 | -23.17 | 3.96 | 7.32 | -8.12 | -0.22 | -22.22 | -37.5 | 1.67 | 15.97 | -27.39 | 0.01 | -1.95 | -12.25 |
| 24Q2 (19) | 3.62 | -15.02 | 10.37 | 0.27 | 0.0 | 0 | 0.11 | 10.0 | 10.0 | 0 | 0 | 0 | 2.99 | 8.73 | -16.48 | 0.38 | -25.49 | -44.12 | 1.79 | 24.31 | -28.69 | 12.96 | 29.62 | -22.08 | 3.19 | 12.72 | 20.38 | 6.5 | -4.83 | 3.34 | 1.29 | -2.27 | -7.86 | 0.02 | -33.33 | -50.0 | 3.86 | 15.22 | 15.92 | 1.77 | 16.45 | 16.45 | 0.3 | -11.76 | -11.76 | 1.62 | -55.37 | -10.5 | 3.69 | -32.79 | 0.82 | -0.18 | 14.29 | 21.74 | 1.44 | -57.89 | -8.86 | 0.01 | 8.52 | -16.42 |
| 24Q1 (18) | 4.26 | 16.08 | 20.34 | 0.27 | 0.0 | 0 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 2.75 | -36.78 | -16.16 | 0.51 | -22.73 | -8.93 | 1.44 | -25.0 | -30.1 | 10.00 | -22.24 | -26.8 | 2.83 | 15.04 | -13.19 | 6.83 | 2.86 | 3.64 | 1.32 | -1.49 | -7.04 | 0.03 | -25.0 | -40.0 | 3.35 | 0.0 | 0.6 | 1.52 | 0.0 | 16.03 | 0.34 | 0.0 | -32.0 | 3.63 | 16.35 | 27.82 | 5.49 | 10.24 | 18.06 | -0.21 | 30.0 | 19.23 | 3.42 | 21.28 | 32.56 | 0.01 | -14.43 | -17.81 |
| 23Q4 (17) | 3.67 | 7.94 | 11.55 | 0.27 | 0.0 | 0 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 4.35 | 16.94 | -10.68 | 0.66 | 1.54 | -13.16 | 1.92 | -10.28 | -27.55 | 12.86 | -7.16 | -22.4 | 2.46 | -27.22 | -21.15 | 6.64 | 0.61 | 9.39 | 1.34 | -2.19 | -7.59 | 0.04 | 0.0 | -33.33 | 3.35 | 0.0 | 0.6 | 1.52 | 0.0 | 16.03 | 0.34 | 0.0 | -32.0 | 3.12 | 26.83 | 34.48 | 4.98 | 15.55 | 20.29 | -0.3 | -87.5 | 11.76 | 2.82 | 22.61 | 42.42 | 0.01 | -3.62 | -7.89 |
| 23Q3 (16) | 3.4 | 3.66 | -6.59 | 0.27 | 0 | 0 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 3.72 | 3.91 | 10.71 | 0.65 | -4.41 | 20.37 | 2.14 | -14.74 | 26.63 | 13.85 | -16.73 | 26.3 | 3.38 | 27.55 | -6.37 | 6.6 | 4.93 | -23.17 | 1.37 | -2.14 | -6.8 | 0.04 | 0.0 | -20.0 | 3.35 | 0.6 | 0.6 | 1.52 | 0.0 | 16.03 | 0.34 | 0.0 | -32.0 | 2.46 | 35.91 | 56.69 | 4.31 | 17.76 | 27.51 | -0.16 | 30.43 | 55.56 | 2.3 | 45.57 | 90.08 | 0.01 | -6.62 | 1.3 |
| 23Q2 (15) | 3.28 | -7.34 | -24.25 | 0 | 0 | 0 | 0.1 | 0.0 | -9.09 | 0 | 0 | 0 | 3.58 | 9.15 | 0.28 | 0.68 | 21.43 | 112.5 | 2.51 | 21.84 | 36.41 | 16.63 | 21.76 | 31.26 | 2.65 | -18.71 | -10.47 | 6.29 | -4.55 | -23.48 | 1.4 | -1.41 | -6.67 | 0.04 | -20.0 | -20.0 | 3.33 | 0.0 | 0.0 | 1.52 | 16.03 | 16.03 | 0.34 | -32.0 | -32.0 | 1.81 | -36.27 | 75.73 | 3.66 | -21.29 | 28.42 | -0.23 | 11.54 | 48.89 | 1.58 | -38.76 | 172.41 | 0.01 | 6.72 | 3.21 |
| 23Q1 (14) | 3.54 | 7.6 | -22.71 | 0 | 0 | -100.0 | 0.1 | 0.0 | -9.09 | 0 | 0 | 0 | 3.28 | -32.65 | -21.72 | 0.56 | -26.32 | 33.33 | 2.06 | -22.26 | -14.88 | 13.66 | -17.57 | -23.96 | 3.26 | 4.49 | 15.6 | 6.59 | 8.57 | -22.65 | 1.42 | -2.07 | -7.19 | 0.05 | -16.67 | -16.67 | 3.33 | 0.0 | -38.33 | 1.31 | 0.0 | 10.08 | 0.5 | 0.0 | 11.11 | 2.84 | 22.41 | 50.26 | 4.65 | 12.32 | 32.1 | -0.26 | 23.53 | 43.48 | 2.58 | 30.3 | 80.42 | 0.01 | -4.11 | 2.26 |
| 22Q4 (13) | 3.29 | -9.62 | 79.78 | 0 | 0 | -100.0 | 0.1 | 0.0 | -9.09 | 0 | 0 | 0 | 4.87 | 44.94 | 13.52 | 0.76 | 40.74 | 2.7 | 2.65 | 56.8 | 28.64 | 16.57 | 51.12 | -3.38 | 3.12 | -13.57 | 15.13 | 6.07 | -29.34 | -27.65 | 1.45 | -1.36 | -6.45 | 0.06 | 20.0 | 20.0 | 3.33 | 0.0 | 9.9 | 1.31 | 0.0 | 10.08 | 0.5 | 0.0 | 11.11 | 2.32 | 47.77 | 57.82 | 4.14 | 22.49 | 33.12 | -0.34 | 5.56 | 32.0 | 1.98 | 63.64 | 104.12 | 0.01 | 6.0 | -26.12 |
| 22Q3 (12) | 3.64 | -15.94 | 133.33 | 0 | 0 | -100.0 | 0.1 | -9.09 | -9.09 | 0 | 0 | 0 | 3.36 | -5.88 | 36.03 | 0.54 | 68.75 | 217.65 | 1.69 | -8.15 | 10.46 | 10.97 | -13.46 | -13.55 | 3.61 | 21.96 | 37.79 | 8.59 | 4.5 | 3.87 | 1.47 | -2.0 | -6.96 | 0.05 | 0.0 | 0.0 | 3.33 | 0.0 | 9.9 | 1.31 | 0.0 | 10.08 | 0.5 | 0.0 | 11.11 | 1.57 | 52.43 | 118.06 | 3.38 | 18.6 | 43.22 | -0.36 | 20.0 | 25.0 | 1.21 | 108.62 | 404.17 | 0.01 | -4.85 | -27.42 |
| 22Q2 (11) | 4.33 | -5.46 | 49.83 | 0 | -100.0 | -100.0 | 0.11 | 0.0 | 0.0 | 0 | 0 | 0 | 3.57 | -14.8 | 41.67 | 0.32 | -23.81 | 68.42 | 1.84 | -23.97 | 47.2 | 12.67 | -29.47 | 26.92 | 2.96 | 4.96 | 48.0 | 8.22 | -3.52 | 56.57 | 1.5 | -1.96 | -6.25 | 0.05 | -16.67 | 0.0 | 3.33 | -38.33 | 9.9 | 1.31 | 10.08 | 10.08 | 0.5 | 11.11 | 11.11 | 1.03 | -45.5 | 83.93 | 2.85 | -19.03 | 30.14 | -0.45 | 2.17 | 4.26 | 0.58 | -59.44 | 544.44 | 0.01 | 5.73 | -25.16 |
| 22Q1 (10) | 4.58 | 150.27 | 16.84 | 1.05 | 0.0 | 0 | 0.11 | 0.0 | 0 | 0 | 0 | 0 | 4.19 | -2.33 | 53.48 | 0.42 | -43.24 | 147.06 | 2.42 | 17.48 | 128.3 | 17.97 | 4.74 | 131.69 | 2.82 | 4.06 | 50.0 | 8.52 | 1.55 | 54.91 | 1.53 | -1.29 | 0 | 0.06 | 20.0 | 20.0 | 5.4 | 78.22 | 96.36 | 1.19 | 0.0 | 16.67 | 0.45 | 0.0 | 12.5 | 1.89 | 28.57 | -9.57 | 3.52 | 13.18 | 0.0 | -0.46 | 8.0 | -2.22 | 1.43 | 47.42 | -12.8 | 0.01 | -30.72 | -28.25 |
| 21Q4 (9) | 1.83 | 17.31 | -53.32 | 1.05 | 0.0 | 0 | 0.11 | 0.0 | 0 | 0 | 0 | 0 | 4.29 | 73.68 | -1.15 | 0.74 | 335.29 | 7.25 | 2.06 | 34.64 | 34.64 | 17.15 | 35.2 | 50.9 | 2.71 | 3.44 | 51.4 | 8.39 | 1.45 | 56.24 | 1.55 | -1.9 | 0 | 0.05 | 0.0 | 0.0 | 3.03 | 0.0 | 10.18 | 1.19 | 0.0 | 16.67 | 0.45 | 0.0 | 12.5 | 1.47 | 104.17 | -23.44 | 3.11 | 31.78 | -6.89 | -0.5 | -4.17 | -11.11 | 0.97 | 304.17 | -34.01 | 0.01 | 4.13 | -8.43 |
| 21Q3 (8) | 1.56 | -46.02 | -47.65 | 1.05 | 61.54 | 0 | 0.11 | 0.0 | 0 | 0 | 0 | 0 | 2.47 | -1.98 | -15.7 | 0.17 | -10.53 | -55.26 | 1.53 | 22.4 | 45.71 | 12.69 | 27.07 | 53.81 | 2.62 | 31.0 | 2.34 | 8.27 | 57.52 | 59.65 | 1.58 | -1.25 | 0 | 0.05 | 0.0 | -16.67 | 3.03 | 0.0 | 10.18 | 1.19 | 0.0 | 16.67 | 0.45 | 0.0 | 12.5 | 0.72 | 28.57 | -41.46 | 2.36 | 7.76 | -10.94 | -0.48 | -2.13 | -14.29 | 0.24 | 166.67 | -70.37 | 0.01 | -1.88 | -17.83 |
| 21Q2 (7) | 2.89 | -26.28 | -9.4 | 0.65 | 0 | 0 | 0.11 | 0 | 0 | 0 | 0 | 0 | 2.52 | -7.69 | -31.34 | 0.19 | 11.76 | -67.24 | 1.25 | 17.92 | -40.19 | 9.98 | 28.76 | 0 | 2.0 | 6.38 | -12.28 | 5.25 | -4.55 | 3.35 | 1.6 | 0 | 0 | 0.05 | 0.0 | 66.67 | 3.03 | 10.18 | 10.18 | 1.19 | 16.67 | 16.67 | 0.45 | 12.5 | 12.5 | 0.56 | -73.21 | -34.88 | 2.19 | -37.78 | -3.95 | -0.47 | -4.44 | -11.9 | 0.09 | -94.51 | -79.55 | 0.01 | 1.37 | -19.66 |
| 21Q1 (6) | 3.92 | 0.0 | 10.42 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.73 | -37.1 | 8.33 | 0.17 | -75.36 | 466.67 | 1.06 | -30.72 | -26.39 | 7.75 | -31.78 | 0 | 1.88 | 5.03 | -3.59 | 5.5 | 2.42 | 6.59 | 0 | 0 | 0 | 0.05 | 0.0 | 400.0 | 2.75 | 0.0 | 25.0 | 1.02 | 0.0 | 30.77 | 0.4 | 0.0 | 0 | 2.09 | 8.85 | -25.09 | 3.52 | 5.39 | -1.4 | -0.45 | 0.0 | -7.14 | 1.64 | 11.56 | -30.8 | 0.01 | -11.6 | -22.15 |
| 20Q4 (5) | 3.92 | 31.54 | -4.16 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.34 | 48.12 | 20.22 | 0.69 | 81.58 | 40.82 | 1.53 | 45.71 | -6.71 | 11.37 | 37.81 | 0 | 1.79 | -30.08 | 2.87 | 5.37 | 3.67 | 6.13 | 0 | 0 | 0 | 0.05 | -16.67 | 400.0 | 2.75 | 0.0 | 25.0 | 1.02 | 0.0 | 30.77 | 0.4 | 0.0 | 0 | 1.92 | 56.1 | -30.43 | 3.34 | 26.04 | -5.65 | -0.45 | -7.14 | -12.5 | 1.47 | 81.48 | -37.71 | 0.01 | -6.55 | -19.28 |
| 20Q3 (4) | 2.98 | -6.58 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 2.93 | -20.16 | 0.0 | 0.38 | -34.48 | 0.0 | 1.05 | -49.76 | 0.0 | 8.25 | 0 | 0.0 | 2.56 | 12.28 | 0.0 | 5.18 | 1.97 | 0.0 | 0 | 0 | 0.0 | 0.06 | 100.0 | 0.0 | 2.75 | 0.0 | 0.0 | 1.02 | 0.0 | 0.0 | 0.4 | 0.0 | 0.0 | 1.23 | 43.02 | 0.0 | 2.65 | 16.23 | 0.0 | -0.42 | 0.0 | 0.0 | 0.81 | 84.09 | 0.0 | 0.01 | -4.07 | 0.0 |
