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) | 10.05 | -10.83 | 2.07 | 7.25 | 4.86 | 36.13 | 0 | 0 | 26.64 | -26.06 | 1.3 | -64.86 | 9.5 | -23.63 | 35.66 | 3.28 | 9.25 | -24.06 | 0.65 | -5.8 | 1.86 | -53.27 | 0.05 | -16.67 | 7.25 | 0.0 | 3.34 | 12.46 | 1.19 | -4.03 | 10.84 | -9.89 | 15.37 | -5.36 | -0.23 | 0 | 10.61 | -10.61 | 0.00 | 0 |
| 2022 (9) | 11.27 | -27.06 | 1.93 | -75.35 | 3.57 | 92.97 | 0 | 0 | 36.03 | 22.43 | 3.7 | 103.3 | 12.44 | 47.92 | 34.53 | 20.82 | 12.18 | -11.87 | 0.69 | -1.43 | 3.98 | 11.48 | 0.06 | 50.0 | 7.25 | 0.0 | 2.97 | 6.45 | 1.24 | 0.0 | 12.03 | 25.31 | 16.24 | 19.15 | -0.16 | 0 | 11.87 | 26.41 | 0.00 | 0 |
| 2021 (8) | 15.45 | 28.75 | 7.83 | 7.85 | 1.85 | 17.09 | 0 | 0 | 29.43 | 38.56 | 1.82 | 857.89 | 8.41 | 13.5 | 28.58 | -18.09 | 13.82 | 38.76 | 0.7 | 0 | 3.57 | 8.18 | 0.04 | -20.0 | 7.25 | 0.0 | 2.79 | 0.72 | 1.24 | -1.59 | 9.6 | 14.83 | 13.63 | 9.92 | -0.21 | 0 | 9.39 | 15.21 | 0.00 | 0 |
| 2020 (7) | 12.0 | 8.21 | 7.26 | 51.25 | 1.58 | 378.79 | 0 | 0 | 21.24 | -19.76 | 0.19 | -85.93 | 7.41 | 2.07 | 34.89 | 27.2 | 9.96 | -9.21 | 0 | 0 | 3.3 | 8.2 | 0.05 | -37.5 | 7.25 | 0.0 | 2.77 | 5.32 | 1.26 | 10.53 | 8.36 | -8.43 | 12.4 | -3.8 | -0.21 | 0 | 8.15 | -8.32 | 0.00 | 0 |
| 2019 (6) | 11.09 | -0.09 | 4.8 | 20.0 | 0.33 | -2.94 | 0 | 0 | 26.47 | -19.84 | 1.35 | -53.61 | 7.26 | -27.69 | 27.43 | -9.8 | 10.97 | 9.26 | 0 | 0 | 3.05 | 52.5 | 0.08 | 700.0 | 7.25 | 0.0 | 2.63 | 12.39 | 1.14 | 6.54 | 9.13 | -5.88 | 12.89 | -1.68 | -0.24 | 0 | 8.89 | -7.3 | 0.00 | 0 |
| 2018 (5) | 11.1 | 16.84 | 4.0 | -20.0 | 0.34 | 3.03 | 0 | 0 | 33.02 | 14.97 | 2.91 | 110.87 | 10.04 | -9.14 | 30.41 | -20.97 | 10.04 | 9.01 | 0 | 0 | 2.0 | -13.79 | 0.01 | 0 | 7.25 | 2.11 | 2.34 | 6.36 | 1.07 | -3.6 | 9.7 | 25.32 | 13.11 | 18.54 | -0.11 | 0 | 9.59 | 24.55 | 0.00 | 0 |
| 2017 (4) | 9.5 | 23.38 | 5.0 | 66.67 | 0.33 | 0.0 | 0 | 0 | 28.72 | 21.23 | 1.38 | 91.67 | 11.05 | 36.93 | 38.47 | 12.95 | 9.21 | 9.12 | 0 | 0 | 2.32 | -12.45 | 0 | 0 | 7.1 | 0.0 | 2.2 | 3.29 | 1.11 | 7.77 | 7.74 | 11.69 | 11.06 | 9.61 | -0.04 | 0 | 7.7 | 12.57 | 0.00 | 0 |
| 2016 (3) | 7.7 | -9.31 | 3.0 | -27.88 | 0.33 | 0.0 | 0 | 0 | 23.69 | -15.42 | 0.72 | -63.27 | 8.07 | -23.94 | 34.07 | -10.07 | 8.44 | 4.98 | 0 | 0 | 2.65 | -10.77 | 0 | 0 | 7.1 | 0.0 | 2.13 | 10.36 | 1.03 | 0.0 | 6.93 | -6.85 | 10.09 | -2.98 | -0.09 | 0 | 6.84 | -8.92 | 0.00 | 0 |
| 2015 (2) | 8.49 | 7.74 | 4.16 | 92.59 | 0.33 | 50.0 | 0 | 0 | 28.01 | -11.7 | 1.96 | -35.74 | 10.61 | 15.45 | 37.88 | 30.74 | 8.04 | -9.46 | 0 | 0 | 2.97 | 12.5 | 0.01 | -50.0 | 7.1 | 0.0 | 1.93 | 18.4 | 1.03 | 0.0 | 7.44 | 3.19 | 10.4 | 5.48 | 0.07 | -46.15 | 7.51 | 2.32 | 0.00 | 0 |
| 2014 (1) | 7.88 | 32.21 | 2.16 | -29.18 | 0.22 | 57.14 | 0 | 0 | 31.72 | 11.73 | 3.05 | 48.06 | 9.19 | -14.99 | 28.97 | -23.91 | 8.88 | -1.77 | 0 | 0 | 2.64 | -7.69 | 0.02 | -33.33 | 7.1 | 0.0 | 1.63 | 14.79 | 1.03 | 0.0 | 7.21 | 31.33 | 9.86 | 24.18 | 0.13 | 160.0 | 7.34 | 32.49 | 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) | 4.54 | -30.37 | -54.19 | 2.57 | -28.21 | 46.02 | 0 | 0 | -100.0 | 0 | 0 | 0 | 9.02 | 24.76 | 49.09 | 1.04 | 70.49 | 52.94 | 13.12 | 42.76 | 33.06 | 49.43 | 26.79 | 56.93 | 9.0 | 0.22 | -9.64 | 0.28 | 0.0 | -58.21 | 0 | 0 | -100.0 | 0.04 | -20.0 | 0.0 | 7.25 | 0.0 | 0.0 | 3.47 | 0.0 | 3.89 | 1.12 | 0.0 | -5.88 | 11.86 | 9.61 | 13.6 | 16.46 | 6.74 | 9.95 | -0.05 | 66.67 | 70.59 | 11.81 | 10.68 | 15.0 | 0.00 | 0 | 0 |
| 24Q2 (19) | 6.52 | -26.16 | -44.37 | 3.58 | 77.23 | 67.29 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 7.23 | 64.69 | 1.83 | 0.61 | 662.5 | 0 | 9.19 | 17.07 | -6.22 | 38.99 | 16.42 | 34.32 | 8.98 | -7.04 | -12.73 | 0.28 | -57.58 | -57.58 | 0 | -100.0 | -100.0 | 0.05 | 0.0 | 0.0 | 7.25 | 0.0 | 0.0 | 3.47 | 3.89 | 3.89 | 1.12 | -5.88 | -5.88 | 10.82 | -1.01 | 10.86 | 15.42 | -0.26 | 7.98 | -0.15 | 11.76 | 44.44 | 10.67 | -0.84 | 12.43 | 0.00 | 0 | 0 |
| 24Q1 (18) | 8.83 | -12.14 | -27.21 | 2.02 | -2.42 | -17.55 | 3.47 | -28.6 | 9.46 | 0 | 0 | 0 | 4.39 | -25.59 | -42.08 | 0.08 | -80.0 | -63.64 | 7.85 | -17.37 | -19.57 | 33.49 | -6.12 | 23.22 | 9.66 | 4.43 | -16.65 | 0.66 | 1.54 | -4.35 | 1.19 | -36.02 | -72.07 | 0.05 | 0.0 | -16.67 | 7.25 | 0.0 | 0.0 | 3.34 | 0.0 | 12.46 | 1.19 | 0.0 | -4.03 | 10.93 | 0.83 | -10.78 | 15.46 | 0.59 | -6.08 | -0.17 | 26.09 | -21.43 | 10.76 | 1.41 | -11.15 | 0.00 | 0 | 0 |
| 23Q4 (17) | 10.05 | 1.41 | -10.83 | 2.07 | 17.61 | 7.25 | 4.86 | 36.9 | 36.13 | 0 | 0 | 0 | 5.9 | -2.48 | -44.18 | 0.4 | -41.18 | -58.33 | 9.5 | -3.65 | -23.63 | 35.67 | 13.25 | 3.32 | 9.25 | -7.13 | -24.06 | 0.65 | -2.99 | -5.8 | 1.86 | -53.5 | -53.27 | 0.05 | 25.0 | -16.67 | 7.25 | 0.0 | 0.0 | 3.34 | 0.0 | 12.46 | 1.19 | 0.0 | -4.03 | 10.84 | 3.83 | -9.89 | 15.37 | 2.67 | -5.36 | -0.23 | -35.29 | -43.75 | 10.61 | 3.31 | -10.61 | 0.00 | 0 | 0 |
| 23Q3 (16) | 9.91 | -15.44 | -20.97 | 1.76 | -17.76 | -44.13 | 3.55 | -30.12 | 44.31 | 0 | 0 | 0 | 6.05 | -14.79 | -28.91 | 0.68 | 0 | -31.31 | 9.86 | 0.61 | -1.6 | 31.50 | 8.52 | 4.06 | 9.96 | -3.21 | -29.16 | 0.67 | 1.52 | -4.29 | 4.0 | 51.52 | -24.24 | 0.04 | -20.0 | 33.33 | 7.25 | 0.0 | 0.0 | 3.34 | 0.0 | 12.46 | 1.19 | 0.0 | -4.03 | 10.44 | 6.97 | -5.78 | 14.97 | 4.83 | -2.03 | -0.17 | 37.04 | -30.77 | 10.27 | 8.22 | -6.21 | 0.00 | 0 | 0 |
| 23Q2 (15) | 11.72 | -3.38 | -1.18 | 2.14 | -12.65 | -55.69 | 5.08 | 60.25 | 77.62 | 0 | 0 | 0 | 7.1 | -6.33 | -23.24 | 0 | -100.0 | -100.0 | 9.8 | 0.41 | -17.58 | 29.03 | 6.8 | -19.48 | 10.29 | -11.22 | -24.89 | 0.66 | -4.35 | -5.71 | 2.64 | -38.03 | -41.2 | 0.05 | -16.67 | 66.67 | 7.25 | 0.0 | 0.0 | 3.34 | 12.46 | 12.46 | 1.19 | -4.03 | -4.03 | 9.76 | -20.33 | -3.27 | 14.28 | -13.24 | -0.14 | -0.27 | -92.86 | -92.86 | 9.49 | -21.64 | -4.62 | 0.00 | 0 | 0 |
| 23Q1 (14) | 12.13 | 7.63 | -12.98 | 2.45 | 26.94 | -70.59 | 3.17 | -11.2 | 10.84 | 0 | 0 | 0 | 7.58 | -28.29 | -1.56 | 0.22 | -77.08 | -75.56 | 9.76 | -21.54 | -1.11 | 27.18 | -21.28 | -11.88 | 11.59 | -4.84 | -20.73 | 0.69 | 0.0 | -4.17 | 4.26 | 7.04 | 42.0 | 0.06 | 0.0 | 100.0 | 7.25 | 0.0 | 0.0 | 2.97 | 0.0 | 6.45 | 1.24 | 0.0 | 0.0 | 12.25 | 1.83 | 16.67 | 16.46 | 1.35 | 13.28 | -0.14 | 12.5 | -55.56 | 12.11 | 2.02 | 16.33 | 0.00 | 0 | 0 |
| 22Q4 (13) | 11.27 | -10.13 | -27.06 | 1.93 | -38.73 | -75.35 | 3.57 | 45.12 | 92.97 | 0 | 0 | 0 | 10.57 | 24.21 | 38.35 | 0.96 | -3.03 | 65.52 | 12.44 | 24.15 | 47.92 | 34.53 | 14.06 | 20.82 | 12.18 | -13.37 | -11.87 | 0.69 | -1.43 | -1.43 | 3.98 | -24.62 | 11.48 | 0.06 | 100.0 | 50.0 | 7.25 | 0.0 | 0.0 | 2.97 | 0.0 | 6.45 | 1.24 | 0.0 | 0.0 | 12.03 | 8.57 | 25.31 | 16.24 | 6.28 | 19.15 | -0.16 | -23.08 | 23.81 | 11.87 | 8.4 | 26.41 | 0.00 | 0 | 0 |
| 22Q3 (12) | 12.54 | 5.73 | -10.62 | 3.15 | -34.78 | -57.08 | 2.46 | -13.99 | 83.58 | 0 | 0 | 0 | 8.51 | -8.0 | 1.43 | 0.99 | 16.47 | 110.64 | 10.02 | -15.73 | 3.41 | 30.27 | -16.03 | -14.37 | 14.06 | 2.63 | 11.23 | 0.7 | 0.0 | 0.0 | 5.28 | 17.59 | 11.86 | 0.03 | 0.0 | 0.0 | 7.25 | 0.0 | 0.0 | 2.97 | 0.0 | 6.45 | 1.24 | 0.0 | 0.0 | 11.08 | 9.81 | 22.84 | 15.28 | 6.85 | 17.09 | -0.13 | 7.14 | 45.83 | 10.95 | 10.05 | 24.72 | 0.00 | 0 | 0 |
| 22Q2 (11) | 11.86 | -14.92 | -12.79 | 4.83 | -42.02 | -31.59 | 2.86 | 0.0 | 71.26 | 0 | 0 | 0 | 9.25 | 20.13 | 11.85 | 0.85 | -5.56 | 49.12 | 11.89 | 20.47 | 34.81 | 36.05 | 16.89 | -1.69 | 13.7 | -6.29 | 24.66 | 0.7 | -2.78 | 2.94 | 4.49 | 49.67 | 8.98 | 0.03 | 0.0 | -25.0 | 7.25 | 0.0 | 0.0 | 2.97 | 6.45 | 7.22 | 1.24 | 0.0 | -1.59 | 10.09 | -3.9 | 10.39 | 14.3 | -1.58 | 8.58 | -0.14 | -55.56 | 39.13 | 9.95 | -4.42 | 11.67 | 0.00 | 0 | 0 |
| 22Q1 (10) | 13.94 | -9.77 | 6.33 | 8.33 | 6.39 | 10.04 | 2.86 | 54.59 | 84.52 | 0 | 0 | 0 | 7.7 | 0.79 | 50.1 | 0.9 | 55.17 | 350.0 | 9.87 | 17.36 | 49.32 | 30.84 | 7.93 | 0.74 | 14.62 | 5.79 | 30.19 | 0.72 | 2.86 | 0 | 3.0 | -15.97 | -9.91 | 0.03 | -25.0 | -40.0 | 7.25 | 0.0 | 0.0 | 2.79 | 0.0 | 0.72 | 1.24 | 0.0 | -1.59 | 10.5 | 9.38 | 22.52 | 14.53 | 6.6 | 15.32 | -0.09 | 57.14 | 57.14 | 10.41 | 10.86 | 24.52 | 0.00 | 0 | 0 |
| 21Q4 (9) | 15.45 | 10.12 | 28.75 | 7.83 | 6.68 | 7.85 | 1.85 | 38.06 | 17.09 | 0 | 0 | 0 | 7.64 | -8.94 | 35.94 | 0.58 | 23.4 | 262.5 | 8.41 | -13.21 | 13.5 | 28.58 | -19.17 | -18.13 | 13.82 | 9.34 | 38.76 | 0.7 | 0.0 | 0 | 3.57 | -24.36 | 8.18 | 0.04 | 33.33 | -20.0 | 7.25 | 0.0 | 0.0 | 2.79 | 0.0 | 0.72 | 1.24 | 0.0 | -1.59 | 9.6 | 6.43 | 14.83 | 13.63 | 4.44 | 9.92 | -0.21 | 12.5 | 0.0 | 9.39 | 6.95 | 15.21 | 0.00 | 0 | 0 |
| 21Q3 (8) | 14.03 | 3.16 | 12.96 | 7.34 | 3.97 | 0.82 | 1.34 | -19.76 | -10.07 | 0 | 0 | 0 | 8.39 | 1.45 | 66.8 | 0.47 | -17.54 | 571.43 | 9.69 | 9.86 | 53.81 | 35.35 | -3.6 | 25.42 | 12.64 | 15.01 | 18.24 | 0.7 | 2.94 | 0 | 4.72 | 14.56 | 36.81 | 0.03 | -25.0 | -40.0 | 7.25 | 0.0 | 0.0 | 2.79 | 0.72 | 0.72 | 1.24 | -1.59 | -1.59 | 9.02 | -1.31 | 9.73 | 13.05 | -0.91 | 6.44 | -0.24 | -4.35 | 14.29 | 8.78 | -1.46 | 10.58 | 0.00 | 0 | 0 |
| 21Q2 (7) | 13.6 | 3.74 | 11.2 | 7.06 | -6.74 | -5.74 | 1.67 | 7.74 | 307.32 | 0 | 0 | 0 | 8.27 | 61.21 | 42.34 | 0.57 | 185.0 | 1525.0 | 8.82 | 33.43 | 13.51 | 36.67 | 19.79 | 0 | 10.99 | -2.14 | 2.52 | 0.68 | 0 | 0 | 4.12 | 23.72 | 21.18 | 0.04 | -20.0 | -33.33 | 7.25 | 0.0 | 0.0 | 2.77 | 0.0 | 0.0 | 1.26 | 0.0 | 0.0 | 9.14 | 6.65 | 12.15 | 13.17 | 4.52 | 8.04 | -0.23 | -9.52 | 30.3 | 8.91 | 6.58 | 13.94 | 0.00 | 0 | 0 |
| 21Q1 (6) | 13.11 | 9.25 | 14.1 | 7.57 | 4.27 | 26.17 | 1.55 | -1.9 | 369.7 | 0 | 0 | 0 | 5.13 | -8.72 | 7.55 | 0.2 | 25.0 | 1900.0 | 6.61 | -10.8 | 2.16 | 30.62 | -12.28 | 0 | 11.23 | 12.75 | -2.43 | 0 | 0 | 0 | 3.33 | 0.91 | 1.52 | 0.05 | 0.0 | -28.57 | 7.25 | 0.0 | 0.0 | 2.77 | 0.0 | 5.32 | 1.26 | 0.0 | 10.53 | 8.57 | 2.51 | -6.75 | 12.6 | 1.61 | -2.7 | -0.21 | 0.0 | 25.0 | 8.36 | 2.58 | -6.17 | 0.00 | 0 | 0 |
| 20Q4 (5) | 12.0 | -3.38 | 8.21 | 7.26 | -0.27 | 51.25 | 1.58 | 6.04 | 378.79 | 0 | 0 | 0 | 5.62 | 11.73 | -16.62 | 0.16 | 128.57 | 0.0 | 7.41 | 17.62 | 2.07 | 34.90 | 23.82 | 0 | 9.96 | -6.83 | -9.21 | 0 | 0 | 0 | 3.3 | -4.35 | 8.2 | 0.05 | 0.0 | -37.5 | 7.25 | 0.0 | 0.0 | 2.77 | 0.0 | 5.32 | 1.26 | 0.0 | 10.53 | 8.36 | 1.7 | -8.43 | 12.4 | 1.14 | -3.8 | -0.21 | 25.0 | 12.5 | 8.15 | 2.64 | -8.32 | 0.00 | 0 | 0 |
| 20Q3 (4) | 12.42 | 1.55 | 0.0 | 7.28 | -2.8 | 0.0 | 1.49 | 263.41 | 0.0 | 0 | 0 | 0.0 | 5.03 | -13.43 | 0.0 | 0.07 | 275.0 | 0.0 | 6.3 | -18.92 | 0.0 | 28.19 | 0 | 0.0 | 10.69 | -0.28 | 0.0 | 0 | 0 | 0.0 | 3.45 | 1.47 | 0.0 | 0.05 | -16.67 | 0.0 | 7.25 | 0.0 | 0.0 | 2.77 | 0.0 | 0.0 | 1.26 | 0.0 | 0.0 | 8.22 | 0.86 | 0.0 | 12.26 | 0.57 | 0.0 | -0.28 | 15.15 | 0.0 | 7.94 | 1.53 | 0.0 | 0.00 | 0 | 0.0 |
