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) | 7.57 | -19.64 | 0.43 | 0 | 3.03 | 0 | 0 | 0 | 17.74 | -3.64 | 0.47 | -74.18 | 3.95 | -6.18 | 22.27 | -2.63 | 1.45 | -5.23 | 1.98 | 20.73 | 0.09 | -96.92 | 0.54 | -1.82 | 3.7 | 0.0 | 1.06 | 20.45 | 0.84 | -19.23 | 3.45 | -18.63 | 5.35 | -13.15 | -1.11 | 0 | 2.34 | -31.18 | 0.01 | -43.17 |
| 2022 (9) | 9.42 | -21.7 | 0 | 0 | 0 | 0 | 0 | 0 | 18.41 | -6.12 | 1.82 | -15.74 | 4.21 | -11.55 | 22.87 | -5.79 | 1.53 | 13.33 | 1.64 | 21.48 | 2.92 | 1.04 | 0.55 | -1.79 | 3.7 | 0.0 | 0.88 | 33.33 | 1.04 | 10.64 | 4.24 | -2.97 | 6.16 | 3.01 | -0.84 | 0 | 3.4 | 2.1 | 0.01 | 0 |
| 2021 (8) | 12.03 | 6.27 | 0.05 | -37.5 | 0 | 0 | 0 | 0 | 19.61 | 6.17 | 2.16 | -1.37 | 4.76 | 36.39 | 24.27 | 28.46 | 1.35 | 10.66 | 1.35 | 694.12 | 2.89 | 0 | 0.56 | -1.75 | 3.7 | 8.82 | 0.66 | 50.0 | 0.94 | -16.07 | 4.37 | 15.3 | 5.98 | 11.78 | -1.04 | 0 | 3.33 | 16.84 | 0.00 | 0 |
| 2020 (7) | 11.32 | 30.26 | 0.08 | 0 | 0 | 0 | 0 | 0 | 18.47 | -7.28 | 2.19 | -5.19 | 3.49 | -21.75 | 18.90 | -15.61 | 1.22 | -17.57 | 0.17 | 0.0 | 0 | 0 | 0.57 | 3.64 | 3.4 | 0.0 | 0.44 | 109.52 | 1.12 | 67.16 | 3.79 | -0.52 | 5.35 | 14.07 | -0.94 | 0 | 2.85 | 5.95 | 0.01 | -31.23 |
| 2019 (6) | 8.69 | 43.16 | 0 | 0 | 0 | 0 | 0 | 0 | 19.92 | 6.64 | 2.31 | 7.94 | 4.46 | 14.65 | 22.39 | 7.52 | 1.48 | -20.43 | 0.17 | -10.53 | 0 | 0 | 0.55 | -1.79 | 3.4 | 0.0 | 0.21 | 0 | 0.67 | 0 | 3.81 | 3.81 | 4.69 | 27.79 | -1.12 | 0 | 2.69 | -10.33 | 0.01 | 0 |
| 2018 (5) | 6.07 | 61.44 | 0 | 0 | 0 | 0 | 0 | 0 | 18.68 | 15.1 | 2.14 | 48.61 | 3.89 | 3.46 | 20.82 | -10.11 | 1.86 | 33.81 | 0.19 | -9.52 | 0 | 0 | 0.56 | 5.66 | 3.4 | 13.33 | 0 | 0 | 0 | 0 | 3.67 | 50.41 | 3.67 | 50.41 | -0.67 | 0 | 3.0 | 51.52 | 0.00 | 0 |
| 2017 (4) | 3.76 | 22.48 | 0.46 | -9.8 | 0 | 0 | 0 | 0 | 16.23 | 25.72 | 1.44 | 89.47 | 3.76 | 70.14 | 23.17 | 35.33 | 1.39 | 21.93 | 0.21 | -4.55 | 0 | 0 | 0.53 | -7.02 | 3.0 | 0.0 | 0 | 0 | 0 | 0 | 2.44 | 86.26 | 2.44 | 86.26 | -0.46 | 0 | 1.98 | 117.58 | 0.00 | 0 |
| 2016 (3) | 3.07 | -3.46 | 0.51 | -65.77 | 0 | 0 | 0 | 0 | 12.91 | 10.25 | 0.76 | 192.31 | 2.21 | -3.49 | 17.12 | -12.46 | 1.14 | 0.0 | 0.22 | -12.0 | 0 | 0 | 0.57 | -1.72 | 3.0 | 0.0 | 0 | 0 | 0 | 0 | 1.31 | 74.67 | 1.31 | 74.67 | -0.4 | 0 | 0.91 | 8.33 | 0.00 | 0 |
| 2015 (2) | 3.18 | 0 | 1.49 | 0 | 0 | 0 | 0 | 0 | 11.71 | 0 | 0.26 | 0 | 2.29 | 0 | 19.56 | 0 | 1.14 | 0 | 0.25 | 0 | 0 | 0 | 0.58 | 0 | 3.0 | 0 | 0 | 0 | 0 | 0 | 0.75 | 0 | 0.75 | 0 | 0.09 | 0 | 0.84 | 0 | 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) | 4.03 | -4.28 | -33.06 | 0.95 | 9.2 | 115.91 | 0.95 | -4.04 | -67.69 | 0 | 0 | 0 | 4.9 | 4.7 | 10.86 | 0.08 | -60.0 | -52.94 | 3.9 | -2.01 | 7.73 | 20.20 | -4.45 | -5.54 | 1.29 | -15.13 | -14.0 | 2.01 | 3.08 | 18.24 | 0.12 | -52.0 | 0 | 0.55 | 1.85 | 0.0 | 3.7 | 0.0 | 0.0 | 1.11 | 0.0 | 4.72 | 1.11 | 0.0 | 32.14 | 3.27 | 2.51 | 4.14 | 5.49 | 1.48 | 8.93 | -0.6 | 25.0 | 31.82 | 2.67 | 11.72 | 18.14 | 0.00 | -34.54 | -85.27 |
| 24Q2 (19) | 4.21 | -36.21 | -46.98 | 0.87 | 81.25 | 0 | 0.99 | -67.43 | -66.21 | 0 | 0 | 0 | 4.68 | 14.99 | 13.04 | 0.2 | -9.09 | 566.67 | 3.98 | 6.13 | 9.64 | 21.14 | 3.09 | -0.61 | 1.52 | -7.32 | 4.83 | 1.95 | 3.72 | 13.37 | 0.25 | 257.14 | 0 | 0.54 | 0.0 | 1.89 | 3.7 | 0.0 | 0.0 | 1.11 | 4.72 | 4.72 | 1.11 | 32.14 | 32.14 | 3.19 | -13.08 | 7.77 | 5.41 | -2.87 | 11.09 | -0.8 | 11.11 | 33.88 | 2.39 | -13.72 | 36.57 | 0.00 | -56.82 | -83.37 |
| 24Q1 (18) | 6.6 | -12.81 | -23.08 | 0.48 | 11.63 | 77.78 | 3.04 | 0.33 | 0 | 0 | 0 | 0 | 4.07 | -28.09 | 15.3 | 0.22 | -29.03 | 650.0 | 3.75 | -5.06 | -2.34 | 20.50 | -7.87 | -3.79 | 1.64 | 13.1 | 1.86 | 1.88 | -5.05 | 20.51 | 0.07 | -22.22 | -97.6 | 0.54 | 0.0 | -1.82 | 3.7 | 0.0 | 0.0 | 1.06 | 0.0 | 20.45 | 0.84 | 0.0 | -19.23 | 3.67 | 6.38 | -12.62 | 5.57 | 4.11 | -8.99 | -0.9 | 18.92 | -15.38 | 2.77 | 18.38 | -19.01 | 0.00 | -32.0 | -59.15 |
| 23Q4 (17) | 7.57 | 25.75 | -19.64 | 0.43 | -2.27 | 0 | 3.03 | 3.06 | 0 | 0 | 0 | 0 | 5.66 | 28.05 | 16.94 | 0.31 | 82.35 | -40.38 | 3.95 | 9.12 | -6.18 | 22.25 | 4.08 | -2.74 | 1.45 | -3.33 | -5.23 | 1.98 | 16.47 | 20.73 | 0.09 | 0 | -96.92 | 0.54 | -1.82 | -1.82 | 3.7 | 0.0 | 0.0 | 1.06 | 0.0 | 20.45 | 0.84 | 0.0 | -19.23 | 3.45 | 9.87 | -18.63 | 5.35 | 6.15 | -13.15 | -1.11 | -26.14 | -32.14 | 2.34 | 3.54 | -31.18 | 0.01 | -23.35 | -43.17 |
| 23Q3 (16) | 6.02 | -24.18 | -38.38 | 0.44 | 0 | 0 | 2.94 | 0.34 | 0 | 0 | 0 | 0 | 4.42 | 6.76 | -3.07 | 0.17 | 466.67 | -61.36 | 3.62 | -0.28 | -2.95 | 21.38 | 0.55 | 11.21 | 1.5 | 3.45 | -6.83 | 1.7 | -1.16 | 14.86 | 0 | 0 | -100.0 | 0.55 | 3.77 | -1.79 | 3.7 | 0.0 | 0.0 | 1.06 | 0.0 | 20.45 | 0.84 | 0.0 | -19.23 | 3.14 | 6.08 | -15.59 | 5.04 | 3.49 | -10.64 | -0.88 | 27.27 | -35.38 | 2.26 | 29.14 | -26.38 | 0.01 | -26.11 | -39.91 |
| 23Q2 (15) | 7.94 | -7.46 | -31.2 | 0 | -100.0 | 0 | 2.93 | 0 | 0 | 0 | 0 | 0 | 4.14 | 17.28 | -18.66 | 0.03 | 175.0 | -94.23 | 3.63 | -5.47 | -13.98 | 21.27 | -0.21 | 0.38 | 1.45 | -9.94 | -8.23 | 1.72 | 10.26 | 18.62 | 0 | -100.0 | -100.0 | 0.53 | -3.64 | -5.36 | 3.7 | 0.0 | 0.0 | 1.06 | 20.45 | 20.45 | 0.84 | -19.23 | -19.23 | 2.96 | -29.52 | -9.76 | 4.87 | -20.42 | -6.53 | -1.21 | -55.13 | -59.21 | 1.75 | -48.83 | -30.56 | 0.01 | 6.04 | -27.75 |
| 23Q1 (14) | 8.58 | -8.92 | -23.87 | 0.27 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.53 | -27.07 | -9.72 | -0.04 | -107.69 | -111.43 | 3.84 | -8.79 | -17.95 | 21.31 | -6.87 | -9.39 | 1.61 | 5.23 | 4.55 | 1.56 | -4.88 | 10.64 | 2.92 | 0.0 | 0.69 | 0.55 | 0.0 | -3.51 | 3.7 | 0.0 | 0.0 | 0.88 | 0.0 | 33.33 | 1.04 | 0.0 | 10.64 | 4.2 | -0.94 | -11.02 | 6.12 | -0.65 | -3.32 | -0.78 | 7.14 | -44.44 | 3.42 | 0.59 | -18.18 | 0.01 | -5.39 | 0 |
| 22Q4 (13) | 9.42 | -3.58 | -21.7 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.84 | 6.14 | -17.12 | 0.52 | 18.18 | -31.58 | 4.21 | 12.87 | -11.55 | 22.88 | 19.0 | -5.74 | 1.53 | -4.97 | 13.33 | 1.64 | 10.81 | 21.48 | 2.92 | 0.34 | 1.04 | 0.55 | -1.79 | -1.79 | 3.7 | 0.0 | 0.0 | 0.88 | 0.0 | 33.33 | 1.04 | 0.0 | 10.64 | 4.24 | 13.98 | -2.97 | 6.16 | 9.22 | 3.01 | -0.84 | -29.23 | 19.23 | 3.4 | 10.75 | 2.1 | 0.01 | -18.94 | 0 |
| 22Q3 (12) | 9.77 | -15.34 | -16.5 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.56 | -10.41 | -10.24 | 0.44 | -15.38 | -26.67 | 3.73 | -11.61 | 8.12 | 19.23 | -9.24 | 10.35 | 1.61 | 1.9 | 3.21 | 1.48 | 2.07 | 26.5 | 2.91 | 0.34 | 0.69 | 0.56 | 0.0 | 0.0 | 3.7 | 0.0 | -19.57 | 0.88 | 0.0 | 33.33 | 1.04 | 0.0 | 10.64 | 3.72 | 13.41 | 2.2 | 5.64 | 8.25 | 7.63 | -0.65 | 14.47 | 43.97 | 3.07 | 21.83 | 23.79 | 0.02 | -11.16 | 198.84 |
| 22Q2 (11) | 11.54 | 2.4 | -7.01 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.09 | 30.18 | 0.39 | 0.52 | 48.57 | 1.96 | 4.22 | -9.83 | 24.12 | 21.18 | -9.92 | 22.93 | 1.58 | 2.6 | 7.48 | 1.45 | 2.84 | 16.94 | 2.9 | 0.0 | 0.69 | 0.56 | -1.75 | -1.75 | 3.7 | 0.0 | 8.82 | 0.88 | 33.33 | 100.0 | 1.04 | 10.64 | -7.14 | 3.28 | -30.51 | -28.38 | 5.21 | -17.69 | -15.28 | -0.76 | -40.74 | 33.91 | 2.52 | -39.71 | -26.53 | 0.02 | 0 | 187.71 |
| 22Q1 (10) | 11.27 | -6.32 | 5.82 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.91 | -33.05 | 8.01 | 0.35 | -53.95 | 25.0 | 4.68 | -1.68 | 56.52 | 23.52 | -3.11 | 54.16 | 1.54 | 14.07 | 5.48 | 1.41 | 4.44 | 781.25 | 2.9 | 0.35 | 0 | 0.57 | 1.79 | 1.79 | 3.7 | 0.0 | 8.82 | 0.66 | 0.0 | 50.0 | 0.94 | 0.0 | -16.07 | 4.72 | 8.01 | 15.97 | 6.33 | 5.85 | 12.23 | -0.54 | 48.08 | 48.08 | 4.18 | 25.53 | 37.95 | 0.00 | 0 | -100.0 |
| 21Q4 (9) | 12.03 | 2.82 | 6.27 | 0.05 | -83.87 | -37.5 | 0 | 0 | 0 | 0 | 0 | 0 | 5.84 | 14.96 | -3.15 | 0.76 | 26.67 | -12.64 | 4.76 | 37.97 | 36.39 | 24.27 | 39.31 | 28.46 | 1.35 | -13.46 | 10.66 | 1.35 | 15.38 | 694.12 | 2.89 | 0.0 | 0 | 0.56 | 0.0 | -1.75 | 3.7 | -19.57 | 8.82 | 0.66 | 0.0 | 50.0 | 0.94 | 0.0 | -16.07 | 4.37 | 20.05 | 15.3 | 5.98 | 14.12 | 11.78 | -1.04 | 10.34 | -10.64 | 3.33 | 34.27 | 16.84 | 0.00 | -100.0 | -100.0 |
| 21Q3 (8) | 11.7 | -5.72 | 30.0 | 0.31 | -3.12 | 416.67 | 0 | 0 | 0 | 0 | 0 | 0 | 5.08 | 0.2 | 1.4 | 0.6 | 17.65 | 17.65 | 3.45 | 1.47 | 1.77 | 17.42 | 1.11 | -7.43 | 1.56 | 6.12 | 14.71 | 1.17 | -5.65 | 631.25 | 2.89 | 0.35 | 0 | 0.56 | -1.75 | 0.0 | 4.6 | 35.29 | 35.29 | 0.66 | 50.0 | 50.0 | 0.94 | -16.07 | -16.07 | 3.64 | -20.52 | 24.66 | 5.24 | -14.8 | 16.96 | -1.16 | -0.87 | 7.2 | 2.48 | -27.7 | 48.5 | 0.01 | -14.47 | -45.79 |
| 21Q2 (7) | 12.41 | 16.53 | 34.45 | 0.32 | 68.42 | 966.67 | 0 | 0 | 0 | 0 | 0 | 0 | 5.07 | 40.06 | 2.63 | 0.51 | 82.14 | -23.88 | 3.4 | 13.71 | -9.81 | 17.23 | 12.96 | 0 | 1.47 | 0.68 | 2.8 | 1.24 | 675.0 | 675.0 | 2.88 | 0 | 0 | 0.57 | 1.79 | 3.64 | 3.4 | 0.0 | 0.0 | 0.44 | 0.0 | 0.0 | 1.12 | 0.0 | 0.0 | 4.58 | 12.53 | 90.04 | 6.15 | 9.04 | 54.91 | -1.15 | -10.58 | 20.69 | 3.43 | 13.2 | 257.29 | 0.01 | -13.69 | -40.46 |
| 21Q1 (6) | 10.65 | -5.92 | 29.25 | 0.19 | 137.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.62 | -39.97 | 45.38 | 0.28 | -67.82 | 100.0 | 2.99 | -14.33 | -7.14 | 15.26 | -19.27 | 0 | 1.46 | 19.67 | -10.43 | 0.16 | -5.88 | -5.88 | 0 | 0 | 0 | 0.56 | -1.75 | 1.82 | 3.4 | 0.0 | 0.0 | 0.44 | 0.0 | 109.52 | 1.12 | 0.0 | 67.16 | 4.07 | 7.39 | 3.04 | 5.64 | 5.42 | 16.77 | -1.04 | -10.64 | 17.46 | 3.03 | 6.32 | 12.64 | 0.01 | -11.17 | -28.79 |
| 20Q4 (5) | 11.32 | 25.78 | 30.26 | 0.08 | 33.33 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.03 | 20.36 | 8.26 | 0.87 | 70.59 | 45.0 | 3.49 | 2.95 | -21.75 | 18.90 | 0.39 | 0 | 1.22 | -10.29 | -17.57 | 0.17 | 6.25 | 0.0 | 0 | 0 | 0 | 0.57 | 1.79 | 3.64 | 3.4 | 0.0 | 0.0 | 0.44 | 0.0 | 109.52 | 1.12 | 0.0 | 67.16 | 3.79 | 29.79 | -0.52 | 5.35 | 19.42 | 14.07 | -0.94 | 24.8 | 16.07 | 2.85 | 70.66 | 5.95 | 0.01 | -17.34 | -31.23 |
| 20Q3 (4) | 9.0 | -2.49 | 0.0 | 0.06 | 100.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 5.01 | 1.42 | 0.0 | 0.51 | -23.88 | 0.0 | 3.39 | -10.08 | 0.0 | 18.82 | 0 | 0.0 | 1.36 | -4.9 | 0.0 | 0.16 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0.56 | 1.82 | 0.0 | 3.4 | 0.0 | 0.0 | 0.44 | 0.0 | 0.0 | 1.12 | 0.0 | 0.0 | 2.92 | 21.16 | 0.0 | 4.48 | 12.85 | 0.0 | -1.25 | 13.79 | 0.0 | 1.67 | 73.96 | 0.0 | 0.01 | -6.05 | 0.0 |
