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) | 37.36 | 71.3 | 2.5 | 150.0 | 0 | 0 | 0 | 0 | 155.14 | 11.07 | 17.67 | 2.26 | 22.57 | 59.28 | 14.55 | 43.41 | 6.9 | 243.28 | 0 | 0 | 0 | 0 | 0.08 | 0.0 | 8.83 | 30.04 | 5.88 | 41.69 | 0.12 | -52.0 | 23.1 | 5.14 | 29.1 | 10.39 | -0.31 | 0 | 22.79 | 4.3 | 0.00 | 0 |
| 2022 (9) | 21.81 | -42.15 | 1.0 | 0.0 | 0.1 | 0.0 | 0 | 0 | 139.68 | 31.04 | 17.28 | 80.56 | 14.17 | 1.94 | 10.14 | -22.21 | 2.01 | 62.1 | 0 | 0 | 0.76 | -11.63 | 0.08 | -11.11 | 6.79 | 0.0 | 4.15 | 30.09 | 0.25 | 13.64 | 21.97 | 44.83 | 26.36 | 41.8 | -0.12 | 0 | 21.85 | 46.45 | 0.00 | 0 |
| 2021 (8) | 37.7 | 147.38 | 1.0 | 0.0 | 0.1 | 0.0 | 0 | 0 | 106.59 | 99.08 | 9.57 | 104.93 | 13.9 | 90.41 | 13.04 | -4.36 | 1.24 | 376.92 | 0 | 0 | 0.86 | -10.42 | 0.09 | 80.0 | 6.79 | 65.21 | 3.19 | 17.28 | 0.22 | -43.59 | 15.17 | 45.45 | 18.59 | 37.3 | -0.25 | 0 | 14.92 | 46.13 | 0.00 | 0 |
| 2020 (7) | 15.24 | 34.75 | 1.0 | 0.0 | 0.1 | 0.0 | 0 | 0 | 53.54 | 3.52 | 4.67 | -11.89 | 7.3 | -22.34 | 13.63 | -24.98 | 0.26 | -13.33 | 0 | 0 | 0.96 | -9.43 | 0.05 | 66.67 | 4.11 | 0.0 | 2.72 | 24.2 | 0.39 | 116.67 | 10.43 | -1.23 | 13.54 | 4.72 | -0.22 | 0 | 10.21 | 0.39 | 0.00 | 0 |
| 2019 (6) | 11.31 | -30.23 | 1.0 | -48.19 | 0.1 | 11.11 | 0 | 0 | 51.72 | -13.42 | 5.3 | -2.21 | 9.4 | 8.67 | 18.17 | 25.52 | 0.3 | -33.33 | 0 | 0 | 1.06 | -8.62 | 0.03 | 0.0 | 4.11 | 40.27 | 2.19 | 32.73 | 0.18 | 0 | 10.56 | 11.16 | 12.93 | 15.96 | -0.39 | 0 | 10.17 | 9.12 | 0.00 | 0 |
| 2018 (5) | 16.21 | 35.99 | 1.93 | 93.0 | 0.09 | 0.0 | 0 | 0 | 59.74 | 10.26 | 5.42 | 33.83 | 8.65 | 46.36 | 14.48 | 32.74 | 0.45 | 0 | 0 | 0 | 1.16 | -7.2 | 0.03 | 0 | 2.93 | 10.15 | 1.65 | 33.06 | 0 | 0 | 9.5 | 23.22 | 11.15 | 24.58 | -0.18 | 0 | 9.32 | 22.15 | 0.00 | 0 |
| 2017 (4) | 11.92 | 100.67 | 1.0 | 150.0 | 0.09 | 0.0 | 0 | 0 | 54.18 | 64.13 | 4.05 | 345.05 | 5.91 | -34.41 | 10.91 | -60.04 | 0 | 0 | 0 | 0 | 1.25 | -6.72 | 0 | 0 | 2.66 | 16.67 | 1.24 | 7.83 | 0 | 0 | 7.71 | 63.35 | 8.95 | 52.21 | -0.08 | 0 | 7.63 | 62.69 | 0.00 | 0 |
| 2016 (3) | 5.94 | 53.09 | 0.4 | 0.0 | 0.09 | 0 | 0 | 0 | 33.01 | 58.02 | 0.91 | -54.95 | 9.01 | 62.05 | 27.29 | 2.55 | 0 | 0 | 0.54 | 0.0 | 1.34 | 0 | 0 | 0 | 2.28 | 14.0 | 1.15 | 21.05 | 0 | 0 | 4.72 | 2.16 | 5.88 | 5.57 | -0.03 | 0 | 4.69 | 0.86 | 0.00 | 0 |
| 2015 (2) | 3.88 | -46.41 | 0.4 | 0 | 0 | 0 | 0 | 0 | 20.89 | 0 | 2.02 | 0 | 5.56 | 101.45 | 26.62 | 0 | 0 | 0 | 0.54 | 0.0 | 0 | 0 | 0 | 0 | 2.0 | 0.0 | 0.95 | 13.1 | 0 | 0 | 4.62 | 23.53 | 5.57 | 21.62 | 0.03 | 0 | 4.65 | 24.33 | 0.00 | 0 |
| 2014 (1) | 7.24 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.76 | 0 | 0.00 | 0 | 0 | 0 | 0.54 | 0 | 0 | 0 | 0 | 0 | 2.0 | 0 | 0.84 | 0 | 0 | 0 | 3.74 | 0 | 4.58 | 0 | 0 | 0 | 3.74 | 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) | 24.06 | -40.91 | -15.19 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 37.67 | 9.79 | -10.14 | 5.49 | 20.93 | 9.15 | 18.6 | -1.74 | -20.72 | 14.12 | 1.43 | -2.66 | 4.43 | 19.09 | -29.91 | 0 | 0 | 0 | 0 | 0 | 0 | 0.09 | 0.0 | 12.5 | 10.58 | 0.0 | 19.82 | 7.64 | 0.0 | 29.93 | 0.31 | 0.0 | 158.33 | 19.05 | 40.49 | -1.45 | 27.01 | 25.51 | 6.63 | 0.27 | 42.11 | 237.5 | 19.32 | 40.51 | -0.46 | 0.00 | 0 | -100.0 |
| 24Q2 (19) | 40.72 | 19.24 | 5.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 34.31 | 24.58 | -24.91 | 4.54 | 25.76 | -9.02 | 18.93 | 33.12 | -21.45 | 13.92 | 44.26 | -8.88 | 3.72 | -30.21 | -41.23 | 0 | 0 | 0 | 0 | 0 | 0 | 0.09 | 12.5 | 12.5 | 10.58 | 19.82 | 19.82 | 7.64 | 29.93 | 29.93 | 0.31 | 158.33 | 158.33 | 13.56 | 6.52 | -5.17 | 21.52 | 14.96 | 6.01 | 0.19 | 90.0 | 154.29 | 13.75 | 7.17 | -1.43 | 0.00 | 0 | -100.0 |
| 24Q1 (18) | 34.15 | -8.59 | 74.32 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 27.54 | -14.5 | -22.03 | 3.61 | -3.99 | -7.2 | 14.22 | -37.0 | 3.27 | 9.65 | -33.67 | 3.67 | 5.33 | -22.75 | -21.96 | 0 | 0 | 0 | 0 | 0 | 0 | 0.08 | 0.0 | 0.0 | 8.83 | 0.0 | 30.04 | 5.88 | 0.0 | 41.69 | 0.12 | 0.0 | -52.0 | 12.73 | -44.89 | -1.77 | 18.72 | -35.67 | 7.9 | 0.1 | 132.26 | 242.86 | 12.83 | -43.7 | -0.47 | 0.00 | 0 | 0 |
| 23Q4 (17) | 37.36 | 31.69 | 71.3 | 2.5 | -28.57 | 150.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 32.21 | -23.16 | -16.98 | 3.76 | -25.25 | -13.16 | 22.57 | -3.79 | 59.28 | 14.55 | 0.29 | 43.4 | 6.9 | 9.18 | 243.28 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.08 | 0.0 | 0.0 | 8.83 | 0.0 | 30.04 | 5.88 | 0.0 | 41.69 | 0.12 | 0.0 | -52.0 | 23.1 | 19.5 | 5.14 | 29.1 | 14.88 | 10.39 | -0.31 | -487.5 | -158.33 | 22.79 | 17.41 | 4.3 | 0.00 | -100.0 | 0 |
| 23Q3 (16) | 28.37 | -26.84 | -14.8 | 3.5 | 250.0 | 250.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 41.92 | -8.25 | 10.52 | 5.03 | 0.8 | -9.37 | 23.46 | -2.66 | 14.49 | 14.51 | -5.06 | -7.71 | 6.32 | -0.16 | 40.76 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.08 | 0.0 | 14.29 | 8.83 | 0.0 | 30.04 | 5.88 | 0.0 | 41.69 | 0.12 | 0.0 | -52.0 | 19.33 | 35.17 | 9.58 | 25.33 | 24.78 | 14.98 | 0.08 | 122.86 | 700.0 | 19.41 | 39.14 | 9.97 | 0.00 | -10.38 | 0 |
| 23Q2 (15) | 38.78 | 97.96 | -15.73 | 1.0 | 0.0 | 0.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 45.69 | 29.36 | 27.34 | 4.99 | 28.28 | 17.97 | 24.1 | 75.02 | 137.91 | 15.28 | 64.13 | 77.76 | 6.33 | -7.32 | 195.79 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.08 | 0.0 | 0.0 | 8.83 | 30.04 | 30.04 | 5.88 | 41.69 | 41.69 | 0.12 | -52.0 | -52.0 | 14.3 | 10.34 | 18.28 | 20.3 | 17.0 | 23.1 | -0.35 | -400.0 | -288.89 | 13.95 | 8.22 | 16.25 | 0.00 | 0 | 0 |
| 23Q1 (14) | 19.59 | -10.18 | -50.78 | 1.0 | 0.0 | 0.0 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 35.32 | -8.97 | 30.52 | 3.89 | -10.16 | 22.71 | 13.77 | -2.82 | 15.81 | 9.31 | -8.25 | -11.32 | 6.83 | 239.8 | 100.29 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0.08 | 0.0 | -11.11 | 6.79 | 0.0 | 0.0 | 4.15 | 0.0 | 30.09 | 0.25 | 0.0 | 13.64 | 12.96 | -41.01 | -29.37 | 17.35 | -34.18 | -20.27 | -0.07 | 41.67 | -200.0 | 12.89 | -41.01 | -30.02 | 0.00 | 0 | 0 |
| 22Q4 (13) | 21.81 | -34.5 | -42.15 | 1.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 38.8 | 2.29 | 31.53 | 4.33 | -21.98 | 49.83 | 14.17 | -30.84 | 1.94 | 10.15 | -35.45 | -22.2 | 2.01 | -55.23 | 62.1 | 0 | 0 | 0 | 0.76 | -2.56 | -11.63 | 0.08 | 14.29 | -11.11 | 6.79 | 0.0 | 0.0 | 4.15 | 0.0 | 30.09 | 0.25 | 0.0 | 13.64 | 21.97 | 24.55 | 44.83 | 26.36 | 19.66 | 41.8 | -0.12 | -1300.0 | 52.0 | 21.85 | 23.8 | 46.45 | 0.00 | 0 | 0 |
| 22Q3 (12) | 33.3 | -27.64 | 102.06 | 1.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 37.93 | 5.71 | 49.21 | 5.55 | 31.21 | 146.67 | 20.49 | 102.27 | 74.68 | 15.72 | 82.86 | 28.78 | 4.49 | 109.81 | 98.67 | 0 | 0 | 0 | 0.78 | -3.7 | -11.36 | 0.07 | -12.5 | 16.67 | 6.79 | 0.0 | 12.42 | 4.15 | 0.0 | 30.09 | 0.25 | 0.0 | 13.64 | 17.64 | 45.91 | 43.53 | 22.03 | 33.6 | 40.32 | 0.01 | 111.11 | 103.12 | 17.65 | 47.08 | 47.45 | 0.00 | 0 | 0 |
| 22Q2 (11) | 46.02 | 15.63 | 155.1 | 1.0 | 0.0 | 0.0 | 0.1 | 0.0 | -9.09 | 0 | 0 | 0 | 35.88 | 32.59 | 14.63 | 4.23 | 33.44 | 37.79 | 10.13 | -14.8 | -33.4 | 8.59 | -18.11 | -54.17 | 2.14 | -37.24 | 140.45 | 0 | 0 | 0 | 0.81 | -2.41 | -10.0 | 0.08 | -11.11 | 60.0 | 6.79 | 0.0 | 65.21 | 4.15 | 30.09 | 52.57 | 0.25 | 13.64 | -35.9 | 12.09 | -34.11 | -18.64 | 16.49 | -24.22 | -8.18 | -0.09 | -228.57 | 70.0 | 12.0 | -34.85 | -17.58 | 0.00 | 0 | 0 |
| 22Q1 (10) | 39.8 | 5.57 | 234.45 | 1.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 27.06 | -8.27 | 32.84 | 3.17 | 9.69 | 133.09 | 11.89 | -14.46 | 43.6 | 10.50 | -19.51 | -16.89 | 3.41 | 175.0 | 459.02 | 0 | 0 | 0 | 0.83 | -3.49 | -10.75 | 0.09 | 0.0 | 50.0 | 6.79 | 0.0 | 65.21 | 3.19 | 0.0 | 17.28 | 0.22 | 0.0 | -43.59 | 18.35 | 20.96 | 55.64 | 21.76 | 17.05 | 46.04 | 0.07 | 128.0 | 126.92 | 18.42 | 23.46 | 59.76 | 0.00 | 0 | 0 |
| 21Q4 (9) | 37.7 | 128.76 | 147.38 | 1.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 29.5 | 16.05 | 55.1 | 2.89 | 28.44 | 61.45 | 13.9 | 18.5 | 90.41 | 13.04 | 6.85 | -19.27 | 1.24 | -45.13 | 376.92 | 0 | 0 | 0 | 0.86 | -2.27 | -10.42 | 0.09 | 50.0 | 80.0 | 6.79 | 12.42 | 65.21 | 3.19 | 0.0 | 17.28 | 0.22 | 0.0 | -43.59 | 15.17 | 23.43 | 45.45 | 18.59 | 18.41 | 37.3 | -0.25 | 21.88 | -13.64 | 14.92 | 24.64 | 46.13 | 0.00 | 0 | 0 |
| 21Q3 (8) | 16.48 | -8.65 | 126.69 | 1.0 | 0.0 | 0.0 | 0.1 | -9.09 | 0.0 | 0 | 0 | 0 | 25.42 | -18.79 | 144.19 | 2.25 | -26.71 | 221.43 | 11.73 | -22.88 | 34.52 | 12.20 | -34.92 | -63.37 | 2.26 | 153.93 | 1514.29 | 0 | 0 | 0 | 0.88 | -2.22 | -10.2 | 0.06 | 20.0 | 50.0 | 6.04 | 46.96 | 46.96 | 3.19 | 17.28 | 17.28 | 0.22 | -43.59 | -43.59 | 12.29 | -17.29 | 42.58 | 15.7 | -12.58 | 33.84 | -0.32 | -6.67 | 0.0 | 11.97 | -17.79 | 44.22 | 0.00 | 0 | 0 |
| 21Q2 (7) | 18.04 | 51.6 | 62.38 | 1.0 | 0.0 | 0.0 | 0.11 | 10.0 | 10.0 | 0 | 0 | 0 | 31.3 | 53.66 | 98.6 | 3.07 | 125.74 | 81.66 | 15.21 | 83.7 | 34.48 | 18.75 | 48.5 | 0 | 0.89 | 45.9 | 23.61 | 0 | 0 | 0 | 0.9 | -3.23 | -10.89 | 0.05 | -16.67 | 25.0 | 4.11 | 0.0 | 0.0 | 2.72 | 0.0 | 0.0 | 0.39 | 0.0 | 0.0 | 14.86 | 26.04 | 87.86 | 17.96 | 20.54 | 63.12 | -0.3 | -15.38 | 42.31 | 14.56 | 26.28 | 97.02 | 0.00 | 0 | 0 |
| 21Q1 (6) | 11.9 | -21.92 | 0 | 1.0 | 0.0 | 0 | 0.1 | 0.0 | 0 | 0 | 0 | 0 | 20.37 | 7.1 | 0 | 1.36 | -24.02 | 0 | 8.28 | 13.42 | 0 | 12.63 | -21.82 | 0 | 0.61 | 134.62 | 0 | 0 | 0 | 0 | 0.93 | -3.12 | 0 | 0.06 | 20.0 | 0 | 4.11 | 0.0 | 0 | 2.72 | 0.0 | 0 | 0.39 | 0.0 | 0 | 11.79 | 13.04 | 0 | 14.9 | 10.04 | 0 | -0.26 | -18.18 | 0 | 11.53 | 12.93 | 0 | 0.00 | 0 | 0 |
| 20Q4 (5) | 15.24 | 109.63 | 0 | 1.0 | 0.0 | 0 | 0.1 | 0.0 | 0 | 0 | 0 | 0 | 19.02 | 82.71 | 0 | 1.79 | 155.71 | 0 | 7.3 | -16.28 | 0 | 16.15 | -51.52 | 0 | 0.26 | 85.71 | 0 | 0 | 0 | 0 | 0.96 | -2.04 | 0 | 0.05 | 25.0 | 0 | 4.11 | 0.0 | 0 | 2.72 | 0.0 | 0 | 0.39 | 0.0 | 0 | 10.43 | 21.0 | 0 | 13.54 | 15.43 | 0 | -0.22 | 31.25 | 0 | 10.21 | 23.01 | 0 | 0.00 | 0 | 0 |
| 20Q3 (4) | 7.27 | -34.56 | 0.0 | 1.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0.0 | 10.41 | -33.95 | 0.0 | 0.7 | -58.58 | 0.0 | 8.72 | -22.9 | 0.0 | 33.32 | 0 | 0.0 | 0.14 | -80.56 | 0.0 | 0 | 0 | 0.0 | 0.98 | -2.97 | 0.0 | 0.04 | 0.0 | 0.0 | 4.11 | 0.0 | 0.0 | 2.72 | 0.0 | 0.0 | 0.39 | 0.0 | 0.0 | 8.62 | 8.98 | 0.0 | 11.73 | 6.54 | 0.0 | -0.32 | 38.46 | 0.0 | 8.3 | 12.31 | 0.0 | 0.00 | 0 | 0.0 |
