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) | 0.7 | -54.84 | 0.72 | 84.62 | 0 | 0 | 0 | 0 | 7.56 | -16.09 | 1.02 | -29.17 | 0.44 | 214.29 | 5.82 | 274.57 | 5.32 | -0.75 | 0 | 0 | 0 | 0 | 0.01 | -50.0 | 11.03 | 13.01 | 1.53 | 10.87 | 1.09 | 0.0 | 1.13 | -54.07 | 3.76 | -23.73 | -0.19 | 0 | 0.94 | -57.27 | 0.02 | -11.98 |
| 2022 (9) | 1.55 | -25.48 | 0.39 | -88.53 | 0.25 | 0.0 | 0 | 0 | 9.01 | 3.09 | 1.44 | -7.69 | 0.14 | 75.0 | 1.55 | 69.76 | 5.36 | 26.42 | 0 | 0 | 1.25 | -37.5 | 0.02 | -33.33 | 9.76 | 0.0 | 1.38 | 12.2 | 1.09 | 0.0 | 2.46 | -20.9 | 4.93 | -9.21 | -0.26 | 0 | 2.2 | -48.84 | 0.02 | 27.6 |
| 2021 (8) | 2.08 | 105.94 | 3.4 | -22.9 | 0.25 | 92.31 | 0 | 0 | 8.74 | 23.45 | 1.56 | -59.06 | 0.08 | -38.46 | 0.92 | -50.15 | 4.24 | 19.44 | 0 | 0 | 2.0 | -11.11 | 0.03 | -25.0 | 9.76 | 0.0 | 1.23 | 46.43 | 1.09 | -3.54 | 3.11 | -19.01 | 5.43 | -6.54 | 1.19 | 0 | 4.3 | 47.77 | 0.01 | -6.39 |
| 2020 (7) | 1.01 | -24.06 | 4.41 | 51.55 | 0.13 | 0.0 | 0 | 0 | 7.08 | -3.28 | 3.81 | 401.32 | 0.13 | 0.0 | 1.84 | 3.39 | 3.55 | -1.93 | 0 | 0 | 2.25 | -5.46 | 0.04 | -20.0 | 9.76 | 0.0 | 0.84 | 9.09 | 1.13 | -30.67 | 3.84 | 392.31 | 5.81 | 83.28 | -0.93 | 0 | 2.91 | 0 | 0.01 | -69.8 |
| 2019 (6) | 1.33 | -57.91 | 2.91 | 5.05 | 0.13 | 0 | 0 | 0 | 7.32 | -37.86 | 0.76 | -45.32 | 0.13 | -85.06 | 1.78 | -75.95 | 3.62 | -1.9 | 0 | 0 | 2.38 | -12.18 | 0.05 | 25.0 | 9.76 | 0.0 | 0.77 | 22.22 | 1.63 | 49.54 | 0.78 | -44.68 | 3.17 | 0.96 | -1.13 | 0 | -0.35 | 0 | 0.05 | -7.01 |
| 2018 (5) | 3.16 | -31.0 | 2.77 | -32.27 | 0 | 0 | 0 | 0 | 11.78 | 4.8 | 1.39 | 44.79 | 0.87 | -9.38 | 7.39 | -13.53 | 3.69 | 0.27 | 0 | 0 | 2.71 | 1255.0 | 0.04 | -20.0 | 9.76 | 0.0 | 0.63 | 18.87 | 1.09 | 0.0 | 1.41 | 31.78 | 3.14 | 16.73 | -1.63 | 0 | -0.22 | 0 | 0.05 | 19.85 |
| 2017 (4) | 4.58 | -4.98 | 4.09 | 46.07 | 0.39 | 95.0 | 0 | 0 | 11.24 | 1.9 | 0.96 | 7.87 | 0.96 | 77.78 | 8.54 | 74.46 | 3.68 | -6.12 | 0 | 0 | 0.2 | -67.21 | 0.05 | -28.57 | 9.76 | 0.0 | 0.53 | 20.45 | 1.09 | 0.0 | 1.07 | 7.0 | 2.69 | 5.91 | -0.98 | 0 | 0.09 | 0 | 0.04 | -10.86 |
| 2016 (3) | 4.82 | 43.03 | 2.8 | 112.12 | 0.2 | 5.26 | 0 | 0 | 11.03 | -10.03 | 0.89 | 178.12 | 0.54 | -49.06 | 4.90 | -43.38 | 3.92 | 10.73 | 0 | 0 | 0.61 | -24.69 | 0.07 | -12.5 | 9.76 | 0.0 | 0.44 | 4.76 | 1.09 | 0.0 | 1.0 | 33.33 | 2.54 | 12.39 | -1.17 | 0 | -0.17 | 0 | 0.05 | -3.0 |
| 2015 (2) | 3.37 | 0 | 1.32 | 0 | 0.19 | 0 | 0 | 0 | 12.26 | 0 | 0.32 | 0 | 1.06 | 0 | 8.65 | 0 | 3.54 | 0 | 0 | 0 | 0.81 | 0 | 0.08 | 0 | 9.76 | 0 | 0.42 | 0 | 1.09 | 0 | 0.75 | 0 | 2.26 | 0 | -0.5 | 0 | 0.25 | 0 | 0.05 | 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) | 4.05 | 40.62 | 382.14 | 0.35 | -50.0 | -55.13 | 0 | 0 | 0 | 0 | 0 | 0 | 1.73 | -15.61 | -23.45 | 0.17 | -57.5 | -45.16 | 0.16 | -30.43 | -38.46 | 2.31 | -25.11 | -26.9 | 4.93 | -1.2 | -8.87 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 11.03 | 0.0 | 0.0 | 1.63 | 0.0 | 6.54 | 1.09 | 0.0 | 0.0 | 3.5 | 78.57 | 297.73 | 6.23 | 32.84 | 77.49 | -0.63 | -195.45 | -450.0 | 2.87 | 9.54 | 170.75 | 0.02 | -3.44 | 53.62 |
| 24Q2 (19) | 2.88 | 148.28 | -2.04 | 0.7 | -24.73 | 84.21 | 0 | 0 | 0 | 0 | 0 | 0 | 2.05 | 18.5 | -4.21 | 0.4 | 73.91 | 33.33 | 0.23 | -11.54 | 21.05 | 3.09 | -10.47 | 34.86 | 4.99 | -6.03 | -8.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | -50.0 | 11.03 | 0.0 | 0.0 | 1.63 | 6.54 | 6.54 | 1.09 | 0.0 | 0.0 | 1.96 | 476.47 | 237.93 | 4.69 | 57.91 | 46.56 | 0.66 | -36.54 | 73.68 | 2.62 | 89.86 | 172.92 | 0.03 | 50.54 | 63.96 |
| 24Q1 (18) | 1.16 | 65.71 | -71.91 | 0.93 | 29.17 | 342.86 | 0 | 0 | -100.0 | 0 | 0 | 0 | 1.73 | 22.7 | -1.14 | 0.23 | -4.17 | 35.29 | 0.26 | -40.91 | 85.71 | 3.45 | -40.75 | 112.56 | 5.31 | -0.19 | -5.52 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.01 | 0.0 | -50.0 | 11.03 | 0.0 | 0.0 | 1.53 | 0.0 | 10.87 | 1.09 | 0.0 | 0.0 | 0.34 | -69.91 | -19.05 | 2.97 | -21.01 | 2.41 | 1.04 | 647.37 | 1633.33 | 1.38 | 46.81 | 187.5 | 0.02 | 8.85 | 4.93 |
| 23Q4 (17) | 0.7 | -16.67 | -54.84 | 0.72 | -7.69 | 84.62 | 0 | 0 | -100.0 | 0 | 0 | 0 | 1.41 | -37.61 | -31.88 | 0.24 | -22.58 | -35.14 | 0.44 | 69.23 | 214.29 | 5.82 | 84.0 | 274.57 | 5.32 | -1.66 | -0.75 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.01 | 0.0 | -50.0 | 11.03 | 0.0 | 13.01 | 1.53 | 0.0 | 10.87 | 1.09 | 0.0 | 0.0 | 1.13 | 28.41 | -54.07 | 3.76 | 7.12 | -23.73 | -0.19 | -205.56 | 26.92 | 0.94 | -11.32 | -57.27 | 0.02 | -2.91 | -11.98 |
| 23Q3 (16) | 0.84 | -71.43 | -64.41 | 0.78 | 105.26 | -8.24 | 0 | 0 | -100.0 | 0 | 0 | 0 | 2.26 | 5.61 | -3.42 | 0.31 | 3.33 | -24.39 | 0.26 | 36.84 | 333.33 | 3.16 | 38.17 | 375.51 | 5.41 | -0.37 | 8.42 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.01 | -50.0 | -66.67 | 11.03 | 0.0 | 13.01 | 1.53 | 0.0 | 10.87 | 1.09 | 0.0 | 0.0 | 0.88 | 51.72 | -57.28 | 3.51 | 9.69 | -22.69 | 0.18 | -52.63 | 228.57 | 1.06 | 10.42 | -44.79 | 0.02 | 3.06 | -14.23 |
| 23Q2 (15) | 2.94 | -28.81 | 101.37 | 0.38 | 80.95 | -17.39 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 2.14 | 22.29 | -13.36 | 0.3 | 76.47 | -26.83 | 0.19 | 35.71 | 171.43 | 2.29 | 41.11 | 191.38 | 5.43 | -3.38 | 13.6 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0.02 | 0.0 | -33.33 | 11.03 | 0.0 | 13.01 | 1.53 | 10.87 | 10.87 | 1.09 | 0.0 | 0.0 | 0.58 | 38.1 | -65.06 | 3.2 | 10.34 | -22.71 | 0.38 | 533.33 | 280.0 | 0.96 | 100.0 | -45.45 | 0.02 | -3.66 | -11.22 |
| 23Q1 (14) | 4.13 | 166.45 | 321.43 | 0.21 | -46.15 | -80.73 | 0.24 | -4.0 | -4.0 | 0 | 0 | 0 | 1.75 | -15.46 | -17.84 | 0.17 | -54.05 | -34.62 | 0.14 | 0.0 | 133.33 | 1.62 | 4.4 | 194.17 | 5.62 | 4.85 | 23.52 | 0 | 0 | 0 | 0.72 | -42.4 | -58.86 | 0.02 | 0.0 | -33.33 | 11.03 | 13.01 | 13.01 | 1.38 | 0.0 | 12.2 | 1.09 | 0.0 | 0.0 | 0.42 | -82.93 | -70.21 | 2.9 | -41.18 | -22.25 | 0.06 | 123.08 | -93.41 | 0.48 | -78.18 | -79.31 | 0.02 | -8.7 | -5.36 |
| 22Q4 (13) | 1.55 | -34.32 | -25.48 | 0.39 | -54.12 | -88.53 | 0.25 | 0.0 | 0.0 | 0 | 0 | 0 | 2.07 | -11.54 | -0.48 | 0.37 | -9.76 | -32.73 | 0.14 | 133.33 | 75.0 | 1.55 | 133.59 | 69.95 | 5.36 | 7.41 | 26.42 | 0 | 0 | 0 | 1.25 | -28.57 | -37.5 | 0.02 | -33.33 | -33.33 | 9.76 | 0.0 | 0.0 | 1.38 | 0.0 | 12.2 | 1.09 | 0.0 | 0.0 | 2.46 | 19.42 | -20.9 | 4.93 | 8.59 | -9.21 | -0.26 | -85.71 | -121.85 | 2.2 | 14.58 | -48.84 | 0.02 | -5.38 | 27.6 |
| 22Q3 (12) | 2.36 | 61.64 | 151.06 | 0.85 | 84.78 | -87.55 | 0.25 | 0.0 | 0.0 | 0 | 0 | 0 | 2.34 | -5.26 | 4.93 | 0.41 | 0.0 | 13.89 | 0.06 | -14.29 | -66.67 | 0.67 | -15.33 | -60.86 | 4.99 | 4.39 | 32.71 | 0 | 0 | 0 | 1.75 | 0.0 | -12.5 | 0.03 | 0.0 | 0.0 | 9.76 | 0.0 | 0.0 | 1.38 | 0.0 | 12.2 | 1.09 | 0.0 | 0.0 | 2.06 | 24.1 | -19.22 | 4.54 | 9.66 | -6.97 | -0.14 | -240.0 | 68.18 | 1.92 | 9.09 | -9.0 | 0.02 | 6.67 | 12.5 |
| 22Q2 (11) | 1.46 | 48.98 | 5.8 | 0.46 | -57.8 | -90.91 | 0.25 | 0.0 | 0.0 | 0 | 0 | 0 | 2.47 | 15.96 | -44.37 | 0.41 | 57.69 | -37.88 | 0.07 | 16.67 | -72.0 | 0.79 | 42.46 | -73.73 | 4.78 | 5.05 | 35.8 | 0 | 0 | 0 | 1.75 | 0.0 | -12.5 | 0.03 | 0.0 | 0.0 | 9.76 | 0.0 | 0.0 | 1.38 | 12.2 | 64.29 | 1.09 | 0.0 | -3.54 | 1.66 | 17.73 | -63.11 | 4.14 | 10.99 | -36.01 | 0.1 | -89.01 | 114.08 | 1.76 | -24.14 | -53.56 | 0.02 | 2.7 | 14.96 |
| 22Q1 (10) | 0.98 | -52.88 | 0 | 1.09 | -67.94 | 0 | 0.25 | 0.0 | 0 | 0 | 0 | 0 | 2.13 | 2.4 | 0 | 0.26 | -52.73 | 0 | 0.06 | -25.0 | 0 | 0.55 | -39.68 | 0 | 4.55 | 7.31 | 0 | 0 | 0 | 0 | 1.75 | -12.5 | 0 | 0.03 | 0.0 | 0 | 9.76 | 0.0 | 0 | 1.23 | 0.0 | 0 | 1.09 | 0.0 | 0 | 1.41 | -54.66 | 0 | 3.73 | -31.31 | 0 | 0.91 | -23.53 | 0 | 2.32 | -46.05 | 0 | 0.02 | 23.11 | 0 |
| 21Q4 (9) | 2.08 | 121.28 | 105.94 | 3.4 | -50.22 | -22.9 | 0.25 | 0.0 | 92.31 | 0 | 0 | 0 | 2.08 | -6.73 | -46.94 | 0.55 | 52.78 | 52.78 | 0.08 | -55.56 | -38.46 | 0.91 | -46.21 | -50.21 | 4.24 | 12.77 | 19.44 | 0 | 0 | 0 | 2.0 | 0.0 | -11.11 | 0.03 | 0.0 | -25.0 | 9.76 | 0.0 | 0.0 | 1.23 | 0.0 | 46.43 | 1.09 | 0.0 | -3.54 | 3.11 | 21.96 | -19.01 | 5.43 | 11.27 | -6.54 | 1.19 | 370.45 | 227.96 | 4.3 | 103.79 | 47.77 | 0.01 | -16.58 | -6.39 |
| 21Q3 (8) | 0.94 | -31.88 | 0 | 6.83 | 34.98 | 0 | 0.25 | 0.0 | 0 | 0 | 0 | 0 | 2.23 | -49.77 | 0 | 0.36 | -45.45 | 0 | 0.18 | -28.0 | 0 | 1.70 | -43.16 | 0 | 3.76 | 6.82 | 0 | 0 | 0 | 0 | 2.0 | 0.0 | 0 | 0.03 | 0.0 | 0 | 9.76 | 0.0 | 0 | 1.23 | 46.43 | 0 | 1.09 | -3.54 | 0 | 2.55 | -43.33 | 0 | 4.88 | -24.57 | 0 | -0.44 | 38.03 | 0 | 2.11 | -44.33 | 0 | 0.02 | 9.01 | 0 |
| 21Q2 (7) | 1.38 | 0 | -68.28 | 5.06 | 0 | 46.24 | 0.25 | 0 | 92.31 | 0 | 0 | 0 | 4.44 | 0 | 40.51 | 0.66 | 0 | -80.87 | 0.25 | 0 | 212.5 | 2.99 | 0 | 0 | 3.52 | 0 | 1.73 | 0 | 0 | 0 | 2.0 | 0 | -11.11 | 0.03 | 0 | -25.0 | 9.76 | 0 | 0.0 | 0.84 | 0 | 0.0 | 1.13 | 0 | 0.0 | 4.5 | 0 | 29.68 | 6.47 | 0 | 18.72 | -0.71 | 0 | 33.64 | 3.79 | 0 | 57.92 | 0.02 | 0 | -61.29 |
