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) | 1.25 | -22.84 | 5.57 | 59.14 | 5.91 | 9.85 | 0 | 0 | 23.75 | -2.38 | 2.49 | -36.15 | 3.08 | 12.41 | 12.97 | 15.15 | 9.94 | -12.04 | 1.73 | 4.85 | 24.96 | -8.13 | 0.07 | 16.67 | 8.22 | 11.08 | 2.29 | 27.22 | 0 | 0 | 8.97 | -19.55 | 11.26 | -13.12 | 0.11 | 10.0 | 9.08 | -19.29 | 0.00 | 278.95 |
| 2022 (9) | 1.62 | 14.89 | 3.5 | -1.41 | 5.38 | 295.59 | 0 | 0 | 24.33 | 6.85 | 3.9 | -27.37 | 2.74 | 61.18 | 11.26 | 50.84 | 11.3 | 1.25 | 1.65 | 166.13 | 27.17 | 22.44 | 0.06 | -14.29 | 7.4 | 0.0 | 1.8 | 25.0 | 0 | 0 | 11.15 | 7.01 | 12.96 | 9.27 | 0.1 | 66.67 | 11.25 | 7.35 | 0.00 | 0 |
| 2021 (8) | 1.41 | -73.45 | 3.55 | 248.04 | 1.36 | 288.57 | 0 | 0 | 22.77 | 9.05 | 5.37 | 82.03 | 1.7 | 23.19 | 7.47 | 12.96 | 11.16 | -3.71 | 0.62 | -61.73 | 22.19 | 3.45 | 0.07 | -36.36 | 7.4 | 0.0 | 1.44 | 42.57 | 0 | 0 | 10.42 | 5.25 | 11.86 | 8.71 | 0.06 | -40.0 | 10.48 | 4.8 | 0.00 | 0 |
| 2020 (7) | 5.31 | 50.0 | 1.02 | -62.22 | 0.35 | -67.59 | 0 | 0 | 20.88 | -18.94 | 2.95 | 89.1 | 1.38 | -1.43 | 6.61 | 21.61 | 11.59 | -12.79 | 1.62 | 0 | 21.45 | -0.33 | 0.11 | -15.38 | 7.4 | -2.12 | 1.01 | 18.82 | 0 | 0 | 9.9 | 24.53 | 10.91 | 23.98 | 0.1 | -33.33 | 10.0 | 23.46 | 0.00 | 0 |
| 2019 (6) | 3.54 | 172.31 | 2.7 | -31.12 | 1.08 | 33.33 | 0 | 0 | 25.76 | 1.18 | 1.56 | -27.44 | 1.4 | -0.71 | 5.43 | -1.87 | 13.29 | -19.94 | 0 | 0 | 21.52 | -12.34 | 0.13 | -13.33 | 7.56 | 13.51 | 0.85 | 32.81 | 0 | 0 | 7.95 | 12.77 | 8.8 | 14.43 | 0.15 | 150.0 | 8.1 | 13.92 | 0.00 | 0 |
| 2018 (5) | 1.3 | 35.42 | 3.92 | 78.18 | 0.81 | 1.25 | 0 | 0 | 25.46 | 36.51 | 2.15 | 25.0 | 1.41 | -7.84 | 5.54 | -32.49 | 16.6 | 67.68 | 0 | 0 | 24.55 | 20.28 | 0.15 | 7.14 | 6.66 | 10.26 | 0.64 | 36.17 | 0 | 0 | 7.05 | 26.8 | 7.69 | 27.74 | 0.06 | 50.0 | 7.11 | 26.96 | 0.00 | 0 |
| 2017 (4) | 0.96 | -52.0 | 2.2 | 100.0 | 0.8 | 220.0 | 0 | 0 | 18.65 | 15.34 | 1.72 | 12.42 | 1.53 | 8.51 | 8.20 | -5.92 | 9.9 | 43.48 | 0 | 0 | 20.41 | 44.96 | 0.14 | 16.67 | 6.04 | 10.42 | 0.47 | 51.61 | 0 | 0 | 5.56 | 33.65 | 6.02 | 34.68 | 0.04 | 0.0 | 5.6 | 33.33 | 0.00 | 0 |
| 2016 (3) | 2.0 | -23.95 | 1.1 | -26.67 | 0.25 | 2400.0 | 0 | 0 | 16.17 | 6.94 | 1.53 | -15.0 | 1.41 | -4.08 | 8.72 | -10.31 | 6.9 | 2.37 | 0 | 0 | 14.08 | 458.73 | 0.12 | 71.43 | 5.47 | 1.67 | 0.31 | 121.43 | 0 | 0 | 4.16 | 42.96 | 4.47 | 46.56 | 0.04 | 300.0 | 4.2 | 43.84 | 0.00 | 0 |
| 2015 (2) | 2.63 | 81.38 | 1.5 | -56.4 | 0.01 | 0.0 | 0 | 0 | 15.12 | 21.84 | 1.8 | 97.8 | 1.47 | -8.7 | 9.72 | -25.06 | 6.74 | 3.69 | 0.29 | 0.0 | 2.52 | -0.4 | 0.07 | -22.22 | 5.38 | 19.03 | 0.14 | 250.0 | 0 | 0 | 2.91 | 140.5 | 3.05 | 144.0 | 0.01 | -50.0 | 2.92 | 137.4 | 0.00 | 0 |
| 2014 (1) | 1.45 | 66.67 | 3.44 | 11.33 | 0.01 | -98.92 | 0 | 0 | 12.41 | 0 | 0.91 | 0 | 1.61 | 30.89 | 12.97 | 0 | 6.5 | 10.17 | 0.29 | 26.09 | 2.53 | 1586.67 | 0.09 | -35.71 | 4.52 | 29.14 | 0.04 | 300.0 | 0 | 0 | 1.21 | 266.67 | 1.25 | 267.65 | 0.02 | 0.0 | 1.23 | 251.43 | 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) | 1.04 | 10.64 | -4.59 | 4.92 | 103.31 | -11.67 | 2.05 | 0.0 | -76.89 | 0 | 0 | 0 | 6.79 | 7.44 | 12.6 | 1.09 | -4.39 | 9.0 | 3.12 | -1.89 | 15.99 | 12.29 | -4.82 | 9.59 | 11.56 | 3.68 | 6.45 | 28.74 | 439.21 | 1551.72 | 34.07 | 3.94 | 49.04 | 0.11 | 10.0 | 83.33 | 8.22 | 0.0 | 11.08 | 2.63 | 7.79 | 20.09 | 0 | 0 | 0 | 5.82 | -29.88 | -53.81 | 8.45 | -21.32 | -42.87 | 9.83 | 220.2 | 9730.0 | 15.65 | 37.64 | 23.23 | 0.00 | -31.96 | -40.39 |
| 24Q2 (19) | 0.94 | -52.76 | -30.37 | 2.42 | -56.47 | -62.54 | 2.05 | -66.5 | -76.86 | 0 | 0 | 0 | 6.32 | 17.69 | 6.76 | 1.14 | 48.05 | 165.12 | 3.18 | 20.91 | 30.33 | 12.91 | 18.95 | 29.27 | 11.15 | 6.49 | -3.04 | 5.33 | -0.37 | -0.56 | 32.78 | 28.8 | 38.25 | 0.1 | 66.67 | 66.67 | 8.22 | 0.0 | 11.08 | 2.44 | 6.55 | 11.42 | 0 | 0 | 0 | 8.3 | -14.17 | -28.76 | 10.74 | -10.2 | -22.4 | 3.07 | 0.0 | -0.97 | 11.37 | -10.75 | -22.92 | 0.00 | 5.27 | 44.53 |
| 24Q1 (18) | 1.99 | 59.2 | 97.03 | 5.56 | -0.18 | -3.81 | 6.12 | 3.55 | 17.92 | 0 | 0 | 0 | 5.37 | -22.29 | 10.04 | 0.77 | 18.46 | 83.33 | 2.63 | -14.61 | 19.0 | 10.85 | -16.34 | 20.48 | 10.47 | 5.33 | -13.18 | 5.35 | 209.25 | -1.29 | 25.45 | 1.96 | -4.57 | 0.06 | -14.29 | -14.29 | 8.22 | 0.0 | 11.08 | 2.29 | 0.0 | 27.22 | 0 | 0 | 0 | 9.67 | 7.8 | -16.71 | 11.96 | 6.22 | -10.88 | 3.07 | 2690.91 | 0.0 | 12.74 | 40.31 | -13.22 | 0.00 | -36.18 | 181.68 |
| 23Q4 (17) | 1.25 | 14.68 | -22.84 | 5.57 | 0.0 | 59.14 | 5.91 | -33.37 | 9.85 | 0 | 0 | 0 | 6.91 | 14.59 | -3.49 | 0.65 | -35.0 | 18.18 | 3.08 | 14.5 | 12.41 | 12.97 | 15.7 | 15.16 | 9.94 | -8.47 | -12.04 | 1.73 | -0.57 | 4.85 | 24.96 | 9.19 | -8.13 | 0.07 | 16.67 | 16.67 | 8.22 | 11.08 | 11.08 | 2.29 | 4.57 | 27.22 | 0 | 0 | 0 | 8.97 | -28.81 | -19.55 | 11.26 | -23.87 | -13.12 | 0.11 | 10.0 | 10.0 | 9.08 | -28.5 | -19.29 | 0.00 | 30.4 | 278.95 |
| 23Q3 (16) | 1.09 | -19.26 | -14.17 | 5.57 | -13.78 | 9.43 | 8.87 | 0.11 | 64.87 | 0 | 0 | 0 | 6.03 | 1.86 | -6.8 | 1.0 | 132.56 | -9.09 | 2.69 | 10.25 | 19.56 | 11.21 | 12.27 | 19.9 | 10.86 | -5.57 | -9.95 | 1.74 | -67.54 | 2.35 | 22.86 | -3.58 | -8.78 | 0.06 | 0.0 | 0.0 | 7.4 | 0.0 | 0.0 | 2.19 | 0.0 | 21.67 | 0 | 0 | 0 | 12.6 | 8.15 | 18.76 | 14.79 | 6.86 | 19.18 | 0.1 | -96.77 | 42.86 | 12.7 | -13.9 | 18.91 | 0.00 | 64.97 | 0 |
| 23Q2 (15) | 1.35 | 33.66 | -12.34 | 6.46 | 11.76 | 4.36 | 8.86 | 70.71 | 71.71 | 0 | 0 | 0 | 5.92 | 21.31 | -1.66 | 0.43 | 2.38 | -64.46 | 2.44 | 10.41 | 16.19 | 9.99 | 10.86 | 11.81 | 11.5 | -4.64 | 2.31 | 5.36 | -1.11 | 3473.33 | 23.71 | -11.1 | 20.23 | 0.06 | -14.29 | 0.0 | 7.4 | 0.0 | 0.0 | 2.19 | 21.67 | 21.67 | 0 | 0 | 0 | 11.65 | 0.34 | 22.5 | 13.84 | 3.13 | 22.37 | 3.1 | 0.98 | 4328.57 | 14.75 | 0.48 | 53.97 | 0.00 | 105.16 | 0 |
| 23Q1 (14) | 1.01 | -37.65 | -31.29 | 5.78 | 65.14 | 5.28 | 5.19 | -3.53 | 12.1 | 0 | 0 | 0 | 4.88 | -31.84 | 4.5 | 0.42 | -23.64 | -59.62 | 2.21 | -19.34 | 22.78 | 9.01 | -20.03 | 15.42 | 12.06 | 6.73 | 7.2 | 5.42 | 228.48 | 1648.39 | 26.67 | -1.84 | 52.49 | 0.07 | 16.67 | 0.0 | 7.4 | 0.0 | 0.0 | 1.8 | 0.0 | 0.0 | 0 | 0 | 0 | 11.61 | 4.13 | 39.88 | 13.42 | 3.55 | 32.87 | 3.07 | 2970.0 | 5016.67 | 14.68 | 30.49 | 75.6 | 0.00 | -14.14 | 0 |
| 22Q4 (13) | 1.62 | 27.56 | 14.89 | 3.5 | -31.24 | -1.41 | 5.38 | 0.0 | 295.59 | 0 | 0 | 0 | 7.16 | 10.66 | 3.77 | 0.55 | -50.0 | -72.36 | 2.74 | 21.78 | 61.18 | 11.27 | 20.48 | 50.9 | 11.3 | -6.3 | 1.25 | 1.65 | -2.94 | 166.13 | 27.17 | 8.42 | 22.44 | 0.06 | 0.0 | -14.29 | 7.4 | 0.0 | 0.0 | 1.8 | 0.0 | 25.0 | 0 | 0 | 0 | 11.15 | 5.09 | 7.01 | 12.96 | 4.43 | 9.27 | 0.1 | 42.86 | 66.67 | 11.25 | 5.34 | 7.35 | 0.00 | 0 | 0 |
| 22Q3 (12) | 1.27 | -17.53 | -20.62 | 5.09 | -17.77 | -10.7 | 5.38 | 4.26 | 491.21 | 0 | 0 | 0 | 6.47 | 7.48 | 9.29 | 1.1 | -9.09 | -31.68 | 2.25 | 7.14 | 55.17 | 9.35 | 4.69 | 44.98 | 12.06 | 7.3 | 5.42 | 1.7 | 1033.33 | 73.47 | 25.06 | 27.08 | 44.35 | 0.06 | 0.0 | -25.0 | 7.4 | 0.0 | 0.0 | 1.8 | 0.0 | 42.86 | 0 | 0 | 0 | 10.61 | 11.57 | -14.92 | 12.41 | 9.73 | -9.68 | 0.07 | 0.0 | 16.67 | 10.68 | 11.48 | -14.76 | 0.00 | 0 | 0 |
| 22Q2 (11) | 1.54 | 4.76 | -6.67 | 6.19 | 12.75 | 129.26 | 5.16 | 11.45 | 838.18 | 0 | 0 | 0 | 6.02 | 28.91 | 8.08 | 1.21 | 16.35 | 12.04 | 2.1 | 16.67 | 90.91 | 8.93 | 14.43 | 83.11 | 11.24 | -0.09 | 1.44 | 0.15 | -51.61 | -83.52 | 19.72 | 12.75 | 11.35 | 0.06 | -14.29 | -33.33 | 7.4 | 0.0 | 0.0 | 1.8 | 0.0 | 42.86 | 0 | 0 | 0 | 9.51 | 14.58 | -12.43 | 11.31 | 11.98 | -6.68 | 0.07 | 16.67 | -12.5 | 9.58 | 14.59 | -12.43 | 0.00 | 0 | 0 |
| 22Q1 (10) | 1.47 | 4.26 | -6.96 | 5.49 | 54.65 | 399.09 | 4.63 | 240.44 | 623.44 | 0 | 0 | 0 | 4.67 | -32.32 | 6.62 | 1.04 | -47.74 | 50.72 | 1.8 | 5.88 | 57.89 | 7.81 | 4.55 | 52.07 | 11.25 | 0.81 | -0.97 | 0.31 | -50.0 | -81.33 | 17.49 | -21.18 | -15.47 | 0.07 | 0.0 | -30.0 | 7.4 | 0.0 | 0.0 | 1.8 | 25.0 | 78.22 | 0 | 0 | 0 | 8.3 | -20.35 | -21.7 | 10.1 | -14.84 | -13.01 | 0.06 | 0.0 | -33.33 | 8.36 | -20.23 | -21.8 | 0.00 | 0 | 0 |
| 21Q4 (9) | 1.41 | -11.88 | -73.45 | 3.55 | -37.72 | 248.04 | 1.36 | 49.45 | 288.57 | 0 | 0 | 0 | 6.9 | 16.55 | 4.39 | 1.99 | 23.6 | 61.79 | 1.7 | 17.24 | 23.19 | 7.47 | 15.75 | 13.02 | 11.16 | -2.45 | -3.71 | 0.62 | -36.73 | -61.73 | 22.19 | 27.82 | 3.45 | 0.07 | -12.5 | -36.36 | 7.4 | 0.0 | 0.0 | 1.44 | 14.29 | 42.57 | 0 | 0 | 0 | 10.42 | -16.44 | 5.25 | 11.86 | -13.68 | 8.71 | 0.06 | 0.0 | -40.0 | 10.48 | -16.36 | 4.8 | 0.00 | 0 | 0 |
| 21Q3 (8) | 1.6 | -3.03 | -44.64 | 5.7 | 111.11 | 834.43 | 0.91 | 65.45 | -85.65 | 0 | 0 | 0 | 5.92 | 6.28 | -1.17 | 1.61 | 49.07 | 43.75 | 1.45 | 31.82 | 16.0 | 6.45 | 32.23 | 12.08 | 11.44 | 3.25 | -10.56 | 0.98 | 7.69 | -34.67 | 17.36 | -1.98 | -6.11 | 0.08 | -11.11 | -33.33 | 7.4 | 0.0 | -2.12 | 1.26 | 0.0 | 24.75 | 0 | 0 | 0 | 12.47 | 14.83 | 37.33 | 13.74 | 13.37 | 36.17 | 0.06 | -25.0 | -53.85 | 12.53 | 14.53 | 36.05 | 0.00 | 0 | 0 |
| 21Q2 (7) | 1.65 | 4.43 | -43.69 | 2.7 | 145.45 | -24.79 | 0.55 | -14.06 | -83.13 | 0 | 0 | 0 | 5.57 | 27.17 | 6.5 | 1.08 | 56.52 | 35.0 | 1.1 | -3.51 | 3.77 | 4.88 | -4.96 | 0 | 11.08 | -2.46 | -17.25 | 0.91 | -45.18 | 0 | 17.71 | -14.4 | -9.18 | 0.09 | -10.0 | -30.77 | 7.4 | 0.0 | -2.12 | 1.26 | 24.75 | 24.75 | 0 | 0 | 0 | 10.86 | 2.45 | 36.43 | 12.12 | 4.39 | 35.12 | 0.08 | -11.11 | -55.56 | 10.94 | 2.34 | 34.4 | 0.00 | 0 | 0 |
| 21Q1 (6) | 1.58 | -70.24 | -31.0 | 1.1 | 7.84 | -68.57 | 0.64 | 82.86 | -48.39 | 0 | 0 | 0 | 4.38 | -33.74 | 43.14 | 0.69 | -43.9 | 445.0 | 1.14 | -17.39 | 4.59 | 5.13 | -22.3 | 0 | 11.36 | -1.98 | -18.92 | 1.66 | 2.47 | 0 | 20.69 | -3.54 | 4.71 | 0.1 | -9.09 | -23.08 | 7.4 | 0.0 | -2.12 | 1.01 | 0.0 | 18.82 | 0 | 0 | 0 | 10.6 | 7.07 | 36.77 | 11.61 | 6.42 | 35.0 | 0.09 | -10.0 | -30.77 | 10.69 | 6.9 | 35.66 | 0.00 | 0 | 0 |
| 20Q4 (5) | 5.31 | 83.74 | 50.0 | 1.02 | 67.21 | -62.22 | 0.35 | -94.48 | -67.59 | 0 | 0 | 0 | 6.61 | 10.35 | -11.16 | 1.23 | 9.82 | 92.19 | 1.38 | 10.4 | -1.43 | 6.61 | 14.79 | 0 | 11.59 | -9.38 | -12.79 | 1.62 | 8.0 | 0 | 21.45 | 16.01 | -0.33 | 0.11 | -8.33 | -15.38 | 7.4 | -2.12 | -2.12 | 1.01 | 0.0 | 18.82 | 0 | 0 | 0 | 9.9 | 9.03 | 24.53 | 10.91 | 8.13 | 23.98 | 0.1 | -23.08 | -33.33 | 10.0 | 8.58 | 23.46 | 0.00 | 0 | 0 |
| 20Q3 (4) | 2.89 | -1.37 | 0.0 | 0.61 | -83.01 | 0.0 | 6.34 | 94.48 | 0.0 | 0 | 0 | 0.0 | 5.99 | 14.53 | 0.0 | 1.12 | 40.0 | 0.0 | 1.25 | 17.92 | 0.0 | 5.76 | 0 | 0.0 | 12.79 | -4.48 | 0.0 | 1.5 | 0 | 0.0 | 18.49 | -5.18 | 0.0 | 0.12 | -7.69 | 0.0 | 7.56 | 0.0 | 0.0 | 1.01 | 0.0 | 0.0 | 0 | 0 | 0.0 | 9.08 | 14.07 | 0.0 | 10.09 | 12.49 | 0.0 | 0.13 | -27.78 | 0.0 | 9.21 | 13.14 | 0.0 | 0.00 | 0 | 0.0 |
