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) | 4.85 | 19.16 | 5.88 | 79.27 | 0.18 | 100.0 | 0 | 0 | 13.45 | -20.7 | 1.88 | -38.36 | 4.03 | -20.51 | 29.96 | 0.23 | 3.26 | -44.46 | 0 | 0 | 0 | 0 | 0.12 | 500.0 | 3.46 | 0.0 | 1.05 | 41.89 | 0 | 0 | 4.07 | -10.75 | 5.12 | -3.58 | -0.06 | 0 | 4.01 | -8.66 | 0.00 | 0 |
| 2022 (9) | 4.07 | 27.19 | 3.28 | 195.5 | 0.09 | -30.77 | 0 | 0 | 16.96 | 4.24 | 3.05 | 20.55 | 5.07 | -13.78 | 29.89 | -17.28 | 5.87 | 42.48 | 0 | 0 | 0.18 | -18.18 | 0.02 | -50.0 | 3.46 | 4.85 | 0.74 | 51.02 | 0 | 0 | 4.56 | 40.31 | 5.31 | 41.98 | -0.17 | 0 | 4.39 | 50.34 | 0.00 | 0 |
| 2021 (8) | 3.2 | 31.15 | 1.11 | -40.96 | 0.13 | 62.5 | 0 | 0 | 16.27 | 36.38 | 2.53 | 112.61 | 5.88 | 33.64 | 36.14 | -2.01 | 4.12 | 53.16 | 0 | 0 | 0.22 | -31.25 | 0.04 | -33.33 | 3.3 | 15.38 | 0.49 | 32.43 | 0 | 0 | 3.25 | 78.57 | 3.74 | 70.0 | -0.33 | 0 | 2.92 | 60.44 | 0.00 | 0 |
| 2020 (7) | 2.44 | 15.09 | 1.88 | -4.08 | 0.08 | 700.0 | 0 | 0 | 11.93 | 18.12 | 1.19 | 27.96 | 4.4 | 27.17 | 36.88 | 7.66 | 2.69 | 10.25 | 0 | 0 | 0.32 | 966.67 | 0.06 | -33.33 | 2.86 | 10.0 | 0.37 | 32.14 | 0 | 0 | 1.82 | 46.77 | 2.2 | 44.74 | 0 | 0 | 1.82 | 46.77 | 0.00 | 0 |
| 2019 (6) | 2.12 | 152.38 | 1.96 | -33.11 | 0.01 | -75.0 | 0 | 0 | 10.1 | 2.54 | 0.93 | 29.17 | 3.46 | 0.87 | 34.26 | -1.62 | 2.44 | -39.45 | 0 | 0 | 0.03 | -25.0 | 0.09 | 12.5 | 2.6 | 10.17 | 0.28 | 33.33 | 0 | 0 | 1.24 | 44.19 | 1.52 | 42.06 | 0 | 0 | 1.24 | 44.19 | 0.00 | 0 |
| 2018 (5) | 0.84 | 31.25 | 2.93 | 51.03 | 0.04 | -33.33 | 0 | 0 | 9.85 | 29.43 | 0.72 | 5.88 | 3.43 | 31.92 | 34.82 | 1.92 | 4.03 | 16.47 | 0 | 0 | 0.04 | -50.0 | 0.08 | 0.0 | 2.36 | 9.77 | 0.21 | 50.0 | 0 | 0 | 0.86 | 4.88 | 1.07 | 11.46 | 0 | 0 | 0.86 | 4.88 | 0.00 | 0 |
| 2017 (4) | 0.64 | 88.24 | 1.94 | 12.14 | 0.06 | 200.0 | 0 | 0 | 7.61 | 15.65 | 0.68 | 142.86 | 2.6 | 6.12 | 34.17 | -8.24 | 3.46 | 58.72 | 0 | 0 | 0.08 | 33.33 | 0.08 | 700.0 | 2.15 | 10.26 | 0.14 | 27.27 | 0 | 0 | 0.82 | 141.18 | 0.96 | 108.7 | 0 | 0 | 0.82 | 141.18 | 0.00 | 0 |
| 2016 (3) | 0.34 | -15.0 | 1.73 | 2.98 | 0.02 | -50.0 | 0 | 0 | 6.58 | 28.52 | 0.28 | 300.0 | 2.45 | 36.11 | 37.23 | 5.91 | 2.18 | -4.8 | 0 | 0 | 0.06 | -25.0 | 0.01 | 0.0 | 1.95 | 0.0 | 0.11 | 10.0 | 0 | 0 | 0.34 | 385.71 | 0.46 | 155.56 | 0 | 0 | 0.34 | 385.71 | 0.00 | 0 |
| 2015 (2) | 0.4 | 48.15 | 1.68 | -16.83 | 0.04 | 0.0 | 0 | 0 | 5.12 | 3.23 | 0.07 | 16.67 | 1.8 | 4.05 | 35.16 | 0.79 | 2.29 | 0.88 | 0 | 0 | 0.08 | -33.33 | 0.01 | -83.33 | 1.95 | 3.17 | 0.1 | 0.0 | 0 | 0 | 0.07 | 16.67 | 0.18 | 20.0 | 0 | 0 | 0.07 | 16.67 | 0.00 | 0 |
| 2014 (1) | 0.27 | 0 | 2.02 | 0 | 0.04 | 0 | 0 | 0 | 4.96 | 12.73 | 0.06 | -84.21 | 1.73 | 0 | 34.88 | 0 | 2.27 | 0 | 0 | 0 | 0.12 | 0 | 0.06 | 0 | 1.89 | 13.86 | 0.1 | 0 | 0 | 0 | 0.06 | -86.67 | 0.15 | 0 | 0 | 0 | 0.06 | -86.67 | 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) | 3.68 | -26.69 | 0.82 | 0.76 | -49.33 | -87.4 | 0 | 0 | -100.0 | 0 | 0 | 0 | 4.16 | 23.08 | 24.55 | 0.69 | -5.48 | -2.82 | 4.71 | 12.68 | 8.28 | 34.11 | 5.99 | 12.2 | 3.17 | 15.27 | -18.51 | 0 | 0 | 0 | 0 | 0 | 0 | 0.08 | -11.11 | -38.46 | 3.46 | 0.0 | 0.0 | 1.24 | 0.0 | 18.1 | 0 | 0 | 0 | 4.57 | 17.78 | 13.4 | 5.81 | 13.48 | 14.37 | -0.02 | 33.33 | 75.0 | 4.55 | 18.18 | 15.19 | 0.00 | 0 | 0 |
| 24Q2 (19) | 5.02 | 18.68 | 26.13 | 1.5 | -62.78 | -63.59 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 3.38 | 12.29 | -3.7 | 0.73 | 10.61 | 4.29 | 4.18 | 2.45 | -8.53 | 32.18 | 3.48 | 5.9 | 2.75 | -2.83 | -40.73 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.09 | -18.18 | 350.0 | 3.46 | 0.0 | 0.0 | 1.24 | 18.1 | 18.1 | 0 | 0 | 0 | 3.88 | 16.17 | 16.87 | 5.12 | 16.63 | 17.16 | -0.03 | 25.0 | 72.73 | 3.85 | 16.67 | 19.94 | 0.00 | 0 | 0 |
| 24Q1 (18) | 4.23 | -12.78 | 7.63 | 4.03 | -31.46 | 20.3 | 0.11 | -38.89 | -38.89 | 0 | 0 | 0 | 3.01 | -7.67 | -9.88 | 0.66 | 1550.0 | 50.0 | 4.08 | 1.24 | -3.32 | 31.10 | 3.79 | 18.79 | 2.83 | -13.19 | -49.19 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.11 | -8.33 | 450.0 | 3.46 | 0.0 | 0.0 | 1.05 | 0.0 | 41.89 | 0 | 0 | 0 | 3.34 | -17.94 | 14.38 | 4.39 | -14.26 | 19.62 | -0.04 | 33.33 | 69.23 | 3.3 | -17.71 | 18.28 | 0.00 | 0 | 0 |
| 23Q4 (17) | 4.85 | 32.88 | 19.16 | 5.88 | -2.49 | 79.27 | 0.18 | -28.0 | 100.0 | 0 | 0 | 0 | 3.26 | -2.4 | -20.87 | 0.04 | -94.37 | -93.1 | 4.03 | -7.36 | -20.51 | 29.96 | -1.43 | 0.29 | 3.26 | -16.2 | -44.46 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.12 | -7.69 | 500.0 | 3.46 | 0.0 | 0.0 | 1.05 | 0.0 | 41.89 | 0 | 0 | 0 | 4.07 | 0.99 | -10.75 | 5.12 | 0.79 | -3.58 | -0.06 | 25.0 | 64.71 | 4.01 | 1.52 | -8.66 | 0.00 | 0 | 0 |
| 23Q3 (16) | 3.65 | -8.29 | 60.09 | 6.03 | 46.36 | 97.06 | 0.25 | 13.64 | 1150.0 | 0 | 0 | 0 | 3.34 | -4.84 | -17.94 | 0.71 | 1.43 | 9.23 | 4.35 | -4.81 | -25.26 | 30.40 | 0.04 | -9.69 | 3.89 | -16.16 | -36.33 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0.13 | 550.0 | 550.0 | 3.46 | 0.0 | 0.0 | 1.05 | 0.0 | 41.89 | 0 | 0 | 0 | 4.03 | 21.39 | 1.0 | 5.08 | 16.25 | 7.4 | -0.08 | 27.27 | 60.0 | 3.95 | 23.05 | 4.22 | 0.00 | 0 | 0 |
| 23Q2 (15) | 3.98 | 1.27 | 64.46 | 4.12 | 22.99 | 83.93 | 0.22 | 22.22 | 69.23 | 0 | 0 | 0 | 3.51 | 5.09 | -23.53 | 0.7 | 59.09 | -30.0 | 4.57 | 8.29 | -27.69 | 30.39 | 16.07 | -15.48 | 4.64 | -16.7 | -14.07 | 0 | 0 | 0 | 0.05 | -44.44 | -68.75 | 0.02 | 0.0 | -33.33 | 3.46 | 0.0 | 0.0 | 1.05 | 41.89 | 41.89 | 0 | 0 | 0 | 3.32 | 13.7 | -0.6 | 4.37 | 19.07 | 7.11 | -0.11 | 15.38 | 54.17 | 3.21 | 15.05 | 3.55 | 0.00 | 0 | 0 |
| 23Q1 (14) | 3.93 | -3.44 | 1.81 | 3.35 | 2.13 | 59.52 | 0.18 | 100.0 | 38.46 | 0 | 0 | 0 | 3.34 | -18.93 | -20.29 | 0.44 | -24.14 | -46.99 | 4.22 | -16.77 | -28.35 | 26.18 | -12.38 | -25.33 | 5.57 | -5.11 | 20.3 | 0 | 0 | 0 | 0.09 | -50.0 | -52.63 | 0.02 | 0.0 | -33.33 | 3.46 | 0.0 | 4.85 | 0.74 | 0.0 | 51.02 | 0 | 0 | 0 | 2.92 | -35.96 | 5.8 | 3.67 | -30.89 | 12.92 | -0.13 | 23.53 | 53.57 | 2.79 | -36.45 | 12.5 | 0.00 | 0 | 0 |
| 22Q4 (13) | 4.07 | 78.51 | 27.19 | 3.28 | 7.19 | 195.5 | 0.09 | 350.0 | -30.77 | 0 | 0 | 0 | 4.12 | 1.23 | -7.21 | 0.58 | -10.77 | -4.92 | 5.07 | -12.89 | -13.78 | 29.88 | -11.24 | -17.38 | 5.87 | -3.93 | 42.48 | 0 | 0 | 0 | 0.18 | -28.0 | -18.18 | 0.02 | 0.0 | -50.0 | 3.46 | 0.0 | 4.85 | 0.74 | 0.0 | 51.02 | 0 | 0 | 0 | 4.56 | 14.29 | 40.31 | 5.31 | 12.26 | 41.98 | -0.17 | 15.0 | 48.48 | 4.39 | 15.83 | 50.34 | 0.00 | 0 | 0 |
| 22Q3 (12) | 2.28 | -5.79 | -1.3 | 3.06 | 36.61 | 385.71 | 0.02 | -84.62 | -84.62 | 0 | 0 | 0 | 4.07 | -11.33 | -6.65 | 0.65 | -35.0 | -9.72 | 5.82 | -7.91 | 5.82 | 33.66 | -6.37 | -6.48 | 6.11 | 13.15 | 54.68 | 0 | 0 | 0 | 0.25 | 56.25 | -3.85 | 0.02 | -33.33 | -60.0 | 3.46 | 0.0 | 4.85 | 0.74 | 0.0 | 51.02 | 0 | 0 | 0 | 3.99 | 19.46 | 51.71 | 4.73 | 15.93 | 51.12 | -0.2 | 16.67 | 50.0 | 3.79 | 22.26 | 69.96 | 0.00 | 0 | 0 |
| 22Q2 (11) | 2.42 | -37.31 | -10.7 | 2.24 | 6.67 | 1766.67 | 0.13 | 0.0 | 0 | 0 | 0 | 0 | 4.59 | 9.55 | 20.47 | 1.0 | 20.48 | 58.73 | 6.32 | 7.3 | 37.09 | 35.95 | 2.54 | 10.11 | 5.4 | 16.63 | 47.95 | 0 | 0 | 0 | 0.16 | -15.79 | 0 | 0.03 | 0.0 | -50.0 | 3.46 | 4.85 | 4.85 | 0.74 | 51.02 | 51.02 | 0 | 0 | 0 | 3.34 | 21.01 | 74.87 | 4.08 | 25.54 | 69.29 | -0.24 | 14.29 | 47.83 | 3.1 | 25.0 | 113.79 | 0.00 | 0 | 0 |
| 22Q1 (10) | 3.86 | 20.62 | 10.6 | 2.1 | 89.19 | 135.96 | 0.13 | 0.0 | 0 | 0 | 0 | 0 | 4.19 | -5.63 | 14.79 | 0.83 | 36.07 | 45.61 | 5.89 | 0.17 | 22.2 | 35.06 | -3.05 | 13.4 | 4.63 | 12.38 | 48.87 | 0 | 0 | 0 | 0.19 | -13.64 | 0 | 0.03 | -25.0 | -50.0 | 3.3 | 0.0 | 1.23 | 0.49 | 0.0 | 32.43 | 0 | 0 | 0 | 2.76 | -15.08 | 15.48 | 3.25 | -13.1 | 17.75 | -0.28 | 15.15 | 46.15 | 2.48 | -15.07 | 32.62 | 0.00 | 0 | 0 |
| 21Q4 (9) | 3.2 | 38.53 | 31.15 | 1.11 | 76.19 | -40.96 | 0.13 | 0.0 | 62.5 | 0 | 0 | 0 | 4.44 | 1.83 | 28.32 | 0.61 | -15.28 | 41.86 | 5.88 | 6.91 | 33.64 | 36.16 | 0.47 | 19.5 | 4.12 | 4.3 | 53.16 | 0 | 0 | 0 | 0.22 | -15.38 | -31.25 | 0.04 | -20.0 | -33.33 | 3.3 | 0.0 | 15.38 | 0.49 | 0.0 | 32.43 | 0 | 0 | 0 | 3.25 | 23.57 | 78.57 | 3.74 | 19.49 | 70.0 | -0.33 | 17.5 | 0 | 2.92 | 30.94 | 60.44 | 0.00 | 0 | 0 |
| 21Q3 (8) | 2.31 | -14.76 | 7.44 | 0.63 | 425.0 | -65.57 | 0.13 | 0 | 333.33 | 0 | 0 | 0 | 4.36 | 14.44 | 36.25 | 0.72 | 14.29 | 125.0 | 5.5 | 19.31 | 46.28 | 35.99 | 10.25 | 31.34 | 3.95 | 8.22 | 48.5 | 0 | 0 | 0 | 0.26 | 0 | -29.73 | 0.05 | -16.67 | -28.57 | 3.3 | 0.0 | 15.38 | 0.49 | 0.0 | 32.43 | 0 | 0 | 0 | 2.63 | 37.7 | 87.86 | 3.13 | 29.88 | 76.84 | -0.4 | 13.04 | 0 | 2.23 | 53.79 | 59.29 | 0.00 | 0 | 0 |
| 21Q2 (7) | 2.71 | -22.35 | 12.45 | 0.12 | -86.52 | -91.24 | 0 | 0 | -100.0 | 0 | 0 | 0 | 3.81 | 4.38 | -27.84 | 0.63 | 10.53 | 43.18 | 4.61 | -4.36 | 28.06 | 32.65 | 5.6 | 0 | 3.65 | 17.36 | 41.47 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.06 | 0.0 | -25.0 | 3.3 | 1.23 | 15.38 | 0.49 | 32.43 | 32.43 | 0 | 0 | 0 | 1.91 | -20.08 | 76.85 | 2.41 | -12.68 | 66.21 | -0.46 | 11.54 | 0 | 1.45 | -22.46 | 34.26 | 0.00 | 0 | 0 |
| 21Q1 (6) | 3.49 | 43.03 | 47.88 | 0.89 | -52.66 | -52.66 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 3.65 | 5.49 | 40.38 | 0.57 | 32.56 | 96.55 | 4.82 | 9.55 | 36.93 | 30.92 | 2.17 | 0 | 3.11 | 15.61 | 33.48 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0.06 | 0.0 | -25.0 | 3.26 | 13.99 | 25.38 | 0.37 | 0.0 | 32.14 | 0 | 0 | 0 | 2.39 | 31.32 | 56.21 | 2.76 | 25.45 | 52.49 | -0.52 | 0 | 0 | 1.87 | 2.75 | 22.22 | 0.00 | 0 | 0 |
| 20Q4 (5) | 2.44 | 13.49 | 15.09 | 1.88 | 2.73 | -4.08 | 0.08 | 166.67 | 700.0 | 0 | 0 | 0 | 3.46 | 8.12 | 31.06 | 0.43 | 34.38 | 59.26 | 4.4 | 17.02 | 27.17 | 30.26 | 10.42 | 0 | 2.69 | 1.13 | 10.25 | 0 | 0 | 0 | 0.32 | -13.51 | 966.67 | 0.06 | -14.29 | -33.33 | 2.86 | 0.0 | 10.0 | 0.37 | 0.0 | 32.14 | 0 | 0 | 0 | 1.82 | 30.0 | 46.77 | 2.2 | 24.29 | 44.74 | 0 | 0 | 0 | 1.82 | 30.0 | 46.77 | 0.00 | 0 | 0 |
| 20Q3 (4) | 2.15 | -10.79 | 0.0 | 1.83 | 33.58 | 0.0 | 0.03 | 200.0 | 0.0 | 0 | 0 | 0.0 | 3.2 | -39.39 | 0.0 | 0.32 | -27.27 | 0.0 | 3.76 | 4.44 | 0.0 | 27.41 | 0 | 0.0 | 2.66 | 3.1 | 0.0 | 0 | 0 | 0.0 | 0.37 | 60.87 | 0.0 | 0.07 | -12.5 | 0.0 | 2.86 | 0.0 | 0.0 | 0.37 | 0.0 | 0.0 | 0 | 0 | 0.0 | 1.4 | 29.63 | 0.0 | 1.77 | 22.07 | 0.0 | 0 | 0 | 0.0 | 1.4 | 29.63 | 0.0 | 0.00 | 0 | 0.0 |
