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) | 43.48 | 94.63 | 0.27 | 0 | 0.1 | 0.0 | 0 | 0 | 80.73 | -3.34 | 9.69 | -9.78 | 9.33 | -19.08 | 11.56 | -16.28 | 14.91 | -28.59 | 43.31 | -0.82 | 1.34 | -7.59 | 7.0 | 5284.62 | 16.04 | 7.51 | 5.78 | 22.72 | 0.12 | -81.54 | 13.32 | 14.24 | 19.22 | 12.99 | 0.63 | 0 | 13.95 | 20.88 | 0.17 | 126.48 |
| 2022 (9) | 22.34 | 21.28 | 0 | 0 | 0.1 | -9.09 | 0 | 0 | 83.52 | 31.57 | 10.74 | 138.14 | 11.53 | -3.76 | 13.81 | -26.85 | 20.88 | 37.55 | 43.67 | 9.12 | 1.45 | -6.45 | 0.13 | -27.78 | 14.92 | 0.4 | 4.71 | 10.56 | 0.65 | 22.64 | 11.66 | 117.94 | 17.01 | 67.92 | -0.12 | 0 | 11.54 | 145.53 | 0.08 | 23.61 |
| 2021 (8) | 18.42 | -32.48 | 1.05 | 169.23 | 0.11 | 0 | 0 | 0 | 63.48 | 7.63 | 4.51 | 17.75 | 11.98 | 76.7 | 18.87 | 64.17 | 15.18 | 83.78 | 40.02 | -0.52 | 1.55 | 0 | 0.18 | -28.0 | 14.86 | 0.07 | 4.26 | 9.79 | 0.53 | -15.87 | 5.35 | 10.31 | 10.13 | 8.23 | -0.65 | 0 | 4.7 | 8.8 | 0.06 | -1.92 |
| 2020 (7) | 27.28 | 8.38 | 0.39 | -11.36 | 0 | 0 | 0 | 0 | 58.98 | -4.07 | 3.83 | -30.62 | 6.78 | -11.49 | 11.50 | -7.74 | 8.26 | -12.03 | 40.23 | -0.54 | 0 | 0 | 0.25 | 4.17 | 14.85 | 0.0 | 3.88 | 16.52 | 0.63 | 40.0 | 4.85 | -25.61 | 9.36 | -9.13 | -0.53 | 0 | 4.32 | -26.66 | 0.06 | 2.23 |
| 2019 (6) | 25.17 | 2.07 | 0.44 | -35.29 | 0 | 0 | 0 | 0 | 61.48 | 6.0 | 5.52 | -24.69 | 7.66 | -9.24 | 12.46 | -14.38 | 9.39 | -0.11 | 40.45 | 11.0 | 0 | 0 | 0.24 | 300.0 | 14.85 | 0.0 | 3.33 | 28.57 | 0.45 | -2.17 | 6.52 | -16.84 | 10.3 | -5.42 | -0.63 | 0 | 5.89 | -20.3 | 0.06 | 8.61 |
| 2018 (5) | 24.66 | -8.63 | 0.68 | 0 | 0 | 0 | 0 | 0 | 58.0 | 7.17 | 7.33 | 30.89 | 8.44 | 15.3 | 14.55 | 7.59 | 9.4 | 4.79 | 36.44 | 2121.95 | 0 | 0 | 0.06 | 50.0 | 14.85 | 39.04 | 2.59 | 27.59 | 0.46 | 76.92 | 7.84 | 17.89 | 10.89 | 21.81 | -0.45 | 0 | 7.39 | 19.39 | 0.06 | -40.27 |
| 2017 (4) | 26.99 | 53.61 | 0 | 0 | 0.03 | -96.39 | 0 | 0 | 54.12 | -6.14 | 5.6 | 9.59 | 7.32 | -13.37 | 13.53 | -7.71 | 8.97 | -13.33 | 1.64 | 0.61 | 0.71 | 0 | 0.04 | -20.0 | 10.68 | 11.25 | 2.03 | 33.55 | 0.26 | 0.0 | 6.65 | 8.66 | 8.94 | 13.16 | -0.46 | 0 | 6.19 | 3.69 | 0.10 | -26.82 |
| 2016 (3) | 17.57 | 123.54 | 0 | 0 | 0.83 | 2666.67 | 0 | 0 | 57.66 | 28.19 | 5.11 | 59.19 | 8.45 | 12.52 | 14.65 | -12.23 | 10.35 | 13.24 | 1.63 | -7.91 | 0 | 0 | 0.05 | 400.0 | 9.6 | 0.0 | 1.52 | 26.67 | 0.26 | 0.0 | 6.12 | 45.02 | 7.9 | 39.33 | -0.15 | 0 | 5.97 | 44.2 | 0.13 | 171.35 |
| 2015 (2) | 7.86 | 195.49 | 0 | 0 | 0.03 | 0.0 | 0 | 0 | 44.98 | 20.98 | 3.21 | -18.94 | 7.51 | 24.54 | 16.70 | 2.95 | 9.14 | 8.81 | 1.77 | -15.31 | 0.85 | 1.19 | 0.01 | 0 | 9.6 | 0.0 | 1.2 | 50.0 | 0.26 | 0.0 | 4.22 | 4.46 | 5.67 | 11.18 | -0.08 | 0 | 4.14 | 3.76 | 0.05 | 196.7 |
| 2014 (1) | 2.66 | -32.66 | 0 | 0 | 0.03 | 0.0 | 0 | 0 | 37.18 | 19.28 | 3.96 | 35.15 | 6.03 | 23.31 | 16.22 | 3.38 | 8.4 | 38.39 | 2.09 | 65.87 | 0.84 | 2.44 | 0 | 0 | 9.6 | 0.0 | 0.8 | 56.86 | 0.26 | 0 | 4.04 | 33.33 | 5.1 | 44.07 | -0.05 | 0 | 3.99 | 29.13 | 0.02 | 36.29 |
| 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) | 41.22 | -20.69 | -1.62 | 0.9 | 233.33 | 233.33 | 0.11 | 0.0 | 10.0 | 0 | 0 | 0 | 17.34 | -9.64 | -15.95 | 0.07 | -97.02 | -97.49 | 8.44 | -9.15 | -16.44 | 11.28 | -5.15 | -7.24 | 14.35 | 6.61 | -14.58 | 43.61 | -4.49 | 0.48 | 1.27 | -1.55 | -7.3 | 6.49 | -2.84 | -9.36 | 16.94 | 0.24 | 5.74 | 6.75 | 0.0 | 16.78 | 0.12 | 0.0 | 0.0 | 8.64 | 0.82 | -31.97 | 15.51 | 0.45 | -16.66 | 1.33 | -16.35 | 49.44 | 9.97 | -1.87 | -26.64 | 0.17 | -3.6 | -3.0 |
| 24Q2 (19) | 51.97 | 3.65 | 30.32 | 0.27 | 0.0 | 0 | 0.11 | 10.0 | 10.0 | 0 | 0 | 0 | 19.19 | 6.43 | -6.66 | 2.35 | -45.22 | -26.56 | 9.29 | 7.9 | -13.1 | 11.90 | 9.79 | -7.64 | 13.46 | -4.13 | -26.97 | 45.66 | 3.33 | 1.92 | 1.29 | -2.27 | -7.86 | 6.68 | -2.05 | -8.99 | 16.9 | 5.03 | 5.49 | 6.75 | 16.78 | 16.78 | 0.12 | 0.0 | 0.0 | 8.57 | -51.33 | -13.52 | 15.44 | -34.33 | -2.4 | 1.59 | 20.45 | 200.0 | 10.16 | -46.33 | -2.68 | 0.17 | 1.3 | 1.37 |
| 24Q1 (18) | 50.14 | 15.32 | 75.99 | 0.27 | 0.0 | 0 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 18.03 | -10.96 | -6.53 | 4.29 | 603.28 | 38.83 | 8.61 | -7.72 | -7.22 | 10.83 | -6.25 | -2.76 | 14.04 | -5.84 | -25.0 | 44.19 | 2.03 | -1.78 | 1.32 | -1.49 | -7.04 | 6.82 | -2.57 | 6100.0 | 16.09 | 0.31 | 7.55 | 5.78 | 0.0 | 22.72 | 0.12 | 0.0 | -81.54 | 17.61 | 32.21 | 19.63 | 23.51 | 22.32 | 17.08 | 1.32 | 109.52 | 325.81 | 18.93 | 35.7 | 25.95 | 0.17 | -1.87 | 122.24 |
| 23Q4 (17) | 43.48 | 3.77 | 94.63 | 0.27 | 0.0 | 0 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 20.25 | -1.84 | -10.24 | 0.61 | -78.14 | -79.39 | 9.33 | -7.62 | -19.08 | 11.56 | -4.98 | -16.28 | 14.91 | -11.25 | -28.59 | 43.31 | -0.21 | -0.82 | 1.34 | -2.19 | -7.59 | 7.0 | -2.23 | 5284.62 | 16.04 | 0.12 | 7.51 | 5.78 | 0.0 | 22.72 | 0.12 | 0.0 | -81.54 | 13.32 | 4.88 | 14.24 | 19.22 | 3.28 | 12.99 | 0.63 | -29.21 | 625.0 | 13.95 | 2.65 | 20.88 | 0.17 | 1.23 | 126.48 |
| 23Q3 (16) | 41.9 | 5.07 | 103.1 | 0.27 | 0 | 0 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 20.63 | 0.34 | 0.19 | 2.79 | -12.81 | -21.85 | 10.1 | -5.52 | -6.31 | 12.16 | -5.56 | -7.33 | 16.8 | -8.84 | -28.57 | 43.4 | -3.12 | 2.55 | 1.37 | -2.14 | -6.8 | 7.16 | -2.45 | 6409.09 | 16.02 | 0.0 | 7.44 | 5.78 | 0.0 | 22.72 | 0.12 | 0.0 | -81.54 | 12.7 | 28.15 | 45.98 | 18.61 | 17.64 | 32.46 | 0.89 | 67.92 | 545.0 | 13.59 | 30.17 | 59.88 | 0.17 | 0.74 | 127.17 |
| 23Q2 (15) | 39.88 | 39.98 | 88.74 | 0 | 0 | 0 | 0.1 | 0.0 | -9.09 | 0 | 0 | 0 | 20.56 | 6.58 | -1.39 | 3.2 | 3.56 | 9.22 | 10.69 | 15.19 | -4.64 | 12.88 | 15.6 | -11.37 | 18.43 | -1.55 | -16.76 | 44.8 | -0.42 | 13.71 | 1.4 | -1.41 | -6.67 | 7.34 | 6572.73 | 4793.33 | 16.02 | 7.09 | 7.73 | 5.78 | 22.72 | 22.72 | 0.12 | -81.54 | -81.54 | 9.91 | -32.68 | 93.18 | 15.82 | -21.22 | 50.81 | 0.53 | 70.97 | 201.92 | 10.44 | -30.54 | 126.46 | 0.17 | 122.08 | 125.32 |
| 23Q1 (14) | 28.49 | 27.53 | 30.75 | 0 | 0 | -100.0 | 0.1 | 0.0 | -9.09 | 0 | 0 | 0 | 19.29 | -14.49 | -1.18 | 3.09 | 4.39 | 139.53 | 9.28 | -19.51 | -19.09 | 11.14 | -19.29 | -31.67 | 18.72 | -10.34 | -2.3 | 44.99 | 3.02 | 14.51 | 1.42 | -2.07 | -7.19 | 0.11 | -15.38 | -31.25 | 14.96 | 0.27 | 0.61 | 4.71 | 0.0 | 10.56 | 0.65 | 0.0 | 22.64 | 14.72 | 26.24 | 121.69 | 20.08 | 18.05 | 75.68 | 0.31 | 358.33 | 164.58 | 15.03 | 30.24 | 143.99 | 0.08 | 0.0 | 0.3 |
| 22Q4 (13) | 22.34 | 8.29 | 21.28 | 0 | 0 | -100.0 | 0.1 | 0.0 | -9.09 | 0 | 0 | 0 | 22.56 | 9.57 | 6.57 | 2.96 | -17.09 | -1.66 | 11.53 | 6.96 | -3.76 | 13.81 | 5.18 | -26.84 | 20.88 | -11.22 | 37.55 | 43.67 | 3.19 | 9.12 | 1.45 | -1.36 | -6.45 | 0.13 | 18.18 | -27.78 | 14.92 | 0.07 | 0.4 | 4.71 | 0.0 | 10.56 | 0.65 | 0.0 | 22.64 | 11.66 | 34.02 | 117.94 | 17.01 | 21.07 | 67.92 | -0.12 | 40.0 | 81.54 | 11.54 | 35.76 | 145.53 | 0.08 | 1.54 | 23.61 |
| 22Q3 (12) | 20.63 | -2.37 | 5.42 | 0 | 0 | -100.0 | 0.1 | -9.09 | -9.09 | 0 | 0 | 0 | 20.59 | -1.25 | 31.99 | 3.57 | 21.84 | 279.79 | 10.78 | -3.84 | 35.94 | 13.13 | -9.68 | -6.6 | 23.52 | 6.23 | 60.33 | 42.32 | 7.41 | 6.95 | 1.47 | -2.0 | -6.96 | 0.11 | -26.67 | -38.89 | 14.91 | 0.27 | 0.4 | 4.71 | 0.0 | 10.56 | 0.65 | 0.0 | 22.64 | 8.7 | 69.59 | 271.79 | 14.05 | 33.94 | 97.05 | -0.2 | 61.54 | 71.43 | 8.5 | 84.38 | 418.29 | 0.08 | -0.08 | 25.9 |
| 22Q2 (11) | 21.13 | -3.03 | -15.48 | 0 | -100.0 | -100.0 | 0.11 | 0.0 | 0.0 | 0 | 0 | 0 | 20.85 | 6.81 | 48.4 | 2.93 | 127.13 | 1365.0 | 11.21 | -2.27 | 48.28 | 14.53 | -10.88 | 7.07 | 22.14 | 15.55 | 85.89 | 39.4 | 0.28 | 0.2 | 1.5 | -1.96 | -6.25 | 0.15 | -6.25 | -28.57 | 14.87 | 0.0 | 0.13 | 4.71 | 10.56 | 10.56 | 0.65 | 22.64 | 22.64 | 5.13 | -22.74 | 263.83 | 10.49 | -8.22 | 69.19 | -0.52 | -8.33 | 16.13 | 4.61 | -25.16 | 483.54 | 0.08 | -1.14 | 26.79 |
| 22Q1 (10) | 21.79 | 18.3 | -23.94 | 1.05 | 0.0 | 400.0 | 0.11 | 0.0 | 0 | 0 | 0 | 0 | 19.52 | -7.79 | 54.06 | 1.29 | -57.14 | 258.33 | 11.47 | -4.26 | 95.07 | 16.31 | -13.58 | 59.93 | 19.16 | 26.22 | 110.55 | 39.29 | -1.82 | -0.33 | 1.53 | -1.29 | 0 | 0.16 | -11.11 | -23.81 | 14.87 | 0.07 | 0.13 | 4.26 | 0.0 | 9.79 | 0.53 | 0.0 | -15.87 | 6.64 | 24.11 | 27.69 | 11.43 | 12.83 | 17.71 | -0.48 | 26.15 | 2.04 | 6.16 | 31.06 | 30.79 | 0.08 | 23.24 | 19.85 |
| 21Q4 (9) | 18.42 | -5.88 | -32.48 | 1.05 | -11.76 | 169.23 | 0.11 | 0.0 | 0 | 0 | 0 | 0 | 21.17 | 35.71 | 50.04 | 3.01 | 220.21 | 161.74 | 11.98 | 51.07 | 76.7 | 18.87 | 34.27 | 64.14 | 15.18 | 3.48 | 83.78 | 40.02 | 1.14 | -0.52 | 1.55 | -1.9 | 0 | 0.18 | 0.0 | -28.0 | 14.86 | 0.07 | 0.07 | 4.26 | 0.0 | 9.79 | 0.53 | 0.0 | -15.87 | 5.35 | 128.63 | 10.31 | 10.13 | 42.08 | 8.23 | -0.65 | 7.14 | -22.64 | 4.7 | 186.59 | 8.8 | 0.06 | 3.42 | -1.92 |
| 21Q3 (8) | 19.57 | -21.72 | -17.6 | 1.19 | 40.0 | 88.89 | 0.11 | 0.0 | 0 | 0 | 0 | 0 | 15.6 | 11.03 | 4.91 | 0.94 | 370.0 | 32.39 | 7.93 | 4.89 | 6.44 | 14.05 | 3.54 | 14.27 | 14.67 | 23.17 | 50.15 | 39.57 | 0.64 | -1.07 | 1.58 | -1.25 | 0 | 0.18 | -14.29 | -21.74 | 14.85 | 0.0 | 0.0 | 4.26 | 0.0 | 9.79 | 0.53 | 0.0 | -15.87 | 2.34 | 65.96 | -36.76 | 7.13 | 15.0 | -13.15 | -0.7 | -12.9 | -16.67 | 1.64 | 107.59 | -47.1 | 0.06 | 0.62 | -0.81 |
| 21Q2 (7) | 25.0 | -12.74 | -1.77 | 0.85 | 304.76 | 30.77 | 0.11 | 0 | 0 | 0 | 0 | 0 | 14.05 | 10.89 | -12.3 | 0.2 | -44.44 | -91.38 | 7.56 | 28.57 | -18.97 | 13.57 | 33.12 | 0 | 11.91 | 30.88 | 21.65 | 39.32 | -0.25 | -0.03 | 1.6 | 0 | 0 | 0.21 | 0.0 | -4.55 | 14.85 | 0.0 | 0.0 | 4.26 | 9.79 | 9.79 | 0.53 | -15.87 | -15.87 | 1.41 | -72.88 | -53.0 | 6.2 | -36.15 | -17.44 | -0.62 | -26.53 | 20.51 | 0.79 | -83.23 | -64.41 | 0.06 | -6.55 | 0.59 |
| 21Q1 (6) | 28.65 | 5.02 | 9.27 | 0.21 | -46.15 | -52.27 | 0 | 0 | 0 | 0 | 0 | 0 | 12.67 | -10.21 | -9.37 | 0.36 | -68.7 | 202.86 | 5.88 | -13.27 | -29.41 | 10.20 | -11.3 | 0 | 9.1 | 10.17 | 0.55 | 39.42 | -2.01 | 0.54 | 0 | 0 | 0 | 0.21 | -16.0 | -4.55 | 14.85 | 0.0 | 0.0 | 3.88 | 0.0 | 16.52 | 0.63 | 0.0 | 40.0 | 5.2 | 7.22 | -15.72 | 9.71 | 3.74 | -2.41 | -0.49 | 7.55 | 46.15 | 4.71 | 9.03 | -10.46 | 0.06 | 0.86 | 2.56 |
| 20Q4 (5) | 27.28 | 14.86 | 8.38 | 0.39 | -38.1 | -11.36 | 0 | 0 | 0 | 0 | 0 | 0 | 14.11 | -5.11 | -10.18 | 1.15 | 61.97 | -37.5 | 6.78 | -8.99 | -11.49 | 11.50 | -6.52 | 0 | 8.26 | -15.46 | -12.03 | 40.23 | 0.57 | -0.54 | 0 | 0 | 0 | 0.25 | 8.7 | 4.17 | 14.85 | 0.0 | 0.0 | 3.88 | 0.0 | 16.52 | 0.63 | 0.0 | 40.0 | 4.85 | 31.08 | -25.61 | 9.36 | 14.01 | -9.13 | -0.53 | 11.67 | 15.87 | 4.32 | 39.35 | -26.66 | 0.06 | 4.59 | 2.23 |
| 20Q3 (4) | 23.75 | -6.68 | 0.0 | 0.63 | -3.08 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 14.87 | -7.18 | 0.0 | 0.71 | -69.4 | 0.0 | 7.45 | -20.15 | 0.0 | 12.30 | 0 | 0.0 | 9.77 | -0.2 | 0.0 | 40.0 | 1.7 | 0.0 | 0 | 0 | 0.0 | 0.23 | 4.55 | 0.0 | 14.85 | 0.0 | 0.0 | 3.88 | 0.0 | 0.0 | 0.63 | 0.0 | 0.0 | 3.7 | 23.33 | 0.0 | 8.21 | 9.32 | 0.0 | -0.6 | 23.08 | 0.0 | 3.1 | 39.64 | 0.0 | 0.06 | 2.03 | 0.0 |
