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) | 10.92 | 19.47 | 0 | 0 | 0 | 0 | 0 | 0 | 11.01 | 0.73 | -0.64 | 0 | 1.56 | 9.86 | 14.17 | 9.06 | 3.3 | -50.38 | 0 | 0 | 0 | 0 | 0.54 | 20.0 | 9.56 | 0.42 | 0 | 0 | 0 | 0 | -2.47 | 0 | -2.47 | 0 | 0 | 0 | -2.47 | 0 | 0.00 | 0 |
| 2022 (9) | 9.14 | 5.42 | 0 | 0 | 0.22 | -69.86 | 0 | 0 | 10.93 | -9.52 | 0.7 | -48.91 | 1.42 | -15.98 | 12.99 | -7.14 | 6.65 | 1.68 | 0 | 0 | 0 | 0 | 0.45 | -27.42 | 9.52 | 12.66 | 0 | 0 | 0 | 0 | -1.91 | 0 | -1.91 | 0 | 0 | 0 | -1.91 | 0 | 0.00 | 0 |
| 2021 (8) | 8.67 | 256.79 | 0 | 0 | 0.73 | 0 | 0 | 0 | 12.08 | 59.37 | 1.37 | 0 | 1.69 | 28.03 | 13.99 | -19.66 | 6.54 | 261.33 | 0 | 0 | 1.27 | 0 | 0.62 | 82.35 | 8.45 | 14.65 | 0 | 0 | 0 | 0 | -2.58 | 0 | -2.58 | 0 | -0.01 | 0 | -2.59 | 0 | 0.00 | 0 |
| 2020 (7) | 2.43 | -27.89 | 0 | 0 | 0 | 0 | 0 | 0 | 7.58 | -14.54 | -0.77 | 0 | 1.32 | 13.79 | 17.41 | 33.16 | 1.81 | 27.46 | 0 | 0 | 0 | 0 | 0.34 | 54.55 | 7.37 | 3.37 | 0 | 0 | 0 | 0 | -3.93 | 0 | -3.93 | 0 | -0.05 | 0 | -3.98 | 0 | 0.00 | 0 |
| 2019 (6) | 3.37 | 12.71 | 0 | 0 | 0 | 0 | 0 | 0 | 8.87 | 8.7 | -0.8 | 0 | 1.16 | -3.33 | 13.08 | -11.07 | 1.42 | -43.43 | 0 | 0 | 0 | 0 | 0.22 | -42.11 | 7.13 | 1.42 | 0 | 0 | 0 | 0 | -3.17 | 0 | -3.17 | 0 | 0 | 0 | -3.17 | 0 | 0.00 | 0 |
| 2018 (5) | 2.99 | 22.04 | 0 | 0 | 0 | 0 | 0 | 0 | 8.16 | -8.0 | -1.03 | 0 | 1.2 | -40.59 | 14.71 | -35.43 | 2.51 | 41.81 | 0 | 0 | 0 | 0 | 0.38 | 22.58 | 7.03 | 27.59 | 0 | 0 | 0 | 0 | -2.39 | 0 | -2.39 | 0 | 0 | 0 | -2.39 | 0 | 0.00 | 0 |
| 2017 (4) | 2.45 | -9.26 | 0.45 | 0 | 0 | 0 | 0 | 0 | 8.87 | -5.54 | -0.7 | 0 | 2.02 | -1.94 | 22.77 | 3.81 | 1.77 | 51.28 | 0 | 0 | 0 | 0 | 0.31 | -8.82 | 5.51 | 0.0 | 0 | 0 | 0 | 0 | -1.32 | 0 | -1.32 | 0 | 0 | 0 | -1.32 | 0 | 0.00 | 0 |
| 2016 (3) | 2.7 | 16.38 | 0 | 0 | 0 | 0 | 0 | 0 | 9.39 | -19.26 | -0.84 | 0 | 2.06 | -13.08 | 21.94 | 7.65 | 1.17 | -43.2 | 0 | 0 | 0 | 0 | 0.34 | -37.04 | 5.51 | 0.18 | 0.07 | 0 | 0 | 0 | -0.66 | 0 | -0.59 | 0 | 0 | 0 | -0.66 | 0 | 0.00 | 0 |
| 2015 (2) | 2.32 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.63 | 0 | 1.36 | 0 | 2.37 | 0 | 20.38 | 0 | 2.06 | 0 | 0 | 0 | 0 | 0 | 0.54 | 0 | 5.5 | 0 | 0 | 0 | 0 | 0 | 0.7 | 0 | 0.7 | 0 | 0 | 0 | 0.7 | 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) | 7.99 | 6.68 | -31.83 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.77 | 27.65 | -8.88 | -0.29 | 23.68 | -207.41 | 1.65 | 18.71 | -21.05 | 16.91 | 21.99 | -15.63 | 1.88 | -21.99 | -50.53 | 0 | 0 | 0 | 0 | 0 | 0 | 0.41 | 2.5 | -30.51 | 9.64 | 0.1 | 1.26 | 0 | 0 | 0 | 0 | 0 | 0 | -3.35 | -9.12 | -71.79 | -3.35 | -9.12 | -71.79 | -0.07 | 30.0 | 0 | -3.42 | -7.89 | -75.38 | 0.00 | 0 | 0 |
| 24Q2 (19) | 7.49 | -0.66 | -27.35 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.17 | 0.93 | -24.13 | -0.38 | -72.73 | -1050.0 | 1.39 | -12.03 | -19.19 | 13.86 | -5.97 | -19.02 | 2.41 | -16.03 | -49.16 | 0 | 0 | 0 | 0 | 0 | 0 | 0.4 | -14.89 | -24.53 | 9.63 | 0.73 | 1.16 | 0 | 0 | 0 | 0 | 0 | 0 | -3.07 | -14.13 | -38.29 | -3.07 | -14.13 | -38.29 | -0.1 | 28.57 | 0 | -3.17 | -12.01 | -42.79 | 0.00 | 0 | 0 |
| 24Q1 (18) | 7.54 | -30.95 | -16.59 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.15 | -19.48 | -11.52 | -0.22 | 63.93 | 37.14 | 1.58 | 1.28 | -9.2 | 14.74 | 3.93 | -9.03 | 2.87 | -13.03 | -50.86 | 0 | 0 | 0 | 0 | 0 | 0 | 0.47 | -12.96 | -17.54 | 9.56 | 0.0 | 0.42 | 0 | 0 | 0 | 0 | 0 | 0 | -2.69 | -8.91 | -18.5 | -2.69 | -8.91 | -18.5 | -0.14 | 0 | 0 | -2.83 | -14.57 | -24.67 | 0.00 | 0 | 0 |
| 23Q4 (17) | 10.92 | -6.83 | 19.47 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 2.67 | -12.17 | 27.14 | -0.61 | -325.93 | -369.23 | 1.56 | -25.36 | 9.86 | 14.18 | -29.23 | 9.26 | 3.3 | -13.16 | -50.38 | 0 | 0 | 0 | 0 | 0 | 0 | 0.54 | -8.47 | 20.0 | 9.56 | 0.42 | 0.42 | 0 | 0 | 0 | 0 | 0 | 0 | -2.47 | -26.67 | -29.32 | -2.47 | -26.67 | -29.32 | 0 | 0 | 0 | -2.47 | -26.67 | -29.32 | 0.00 | 0 | 0 |
| 23Q3 (16) | 11.72 | 13.68 | 76.24 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 3.04 | 6.29 | 14.29 | 0.27 | 575.0 | 8.0 | 2.09 | 21.51 | -5.43 | 20.04 | 17.08 | 8.17 | 3.8 | -19.83 | -44.44 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.59 | 11.32 | 28.26 | 9.52 | 0.0 | 11.21 | 0 | 0 | 0 | 0 | 0 | 0 | -1.95 | 12.16 | -11.43 | -1.95 | 12.16 | -11.43 | 0 | 0 | 0 | -1.95 | 12.16 | -11.43 | 0.00 | 0 | 0 |
| 23Q2 (15) | 10.31 | 14.05 | 48.77 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 2.86 | 17.7 | -19.44 | 0.04 | 111.43 | -91.11 | 1.72 | -1.15 | -30.65 | 17.11 | 5.64 | -11.87 | 4.74 | -18.84 | -30.9 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.53 | -7.02 | 1.92 | 9.52 | 0.0 | 11.35 | 0 | 0 | 0 | 0 | 0 | 0 | -2.22 | 2.2 | -11.56 | -2.22 | 2.2 | -11.56 | 0 | 0 | 0 | -2.22 | 2.2 | -11.56 | 0.00 | 0 | 0 |
| 23Q1 (14) | 9.04 | -1.09 | 30.45 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 2.43 | 15.71 | -7.6 | -0.35 | -169.23 | -369.23 | 1.74 | 22.54 | 8.75 | 16.20 | 24.82 | 26.67 | 5.84 | -12.18 | -17.4 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.57 | 26.67 | 0.0 | 9.52 | 0.0 | 11.61 | 0 | 0 | 0 | 0 | 0 | 0 | -2.27 | -18.85 | 7.35 | -2.27 | -18.85 | 7.35 | 0 | 0 | 0 | -2.27 | -18.85 | 7.35 | 0.00 | 0 | 0 |
| 22Q4 (13) | 9.14 | 37.44 | 5.42 | 0 | 0 | 0 | 0.22 | -85.03 | -69.86 | 0 | 0 | 0 | 2.1 | -21.05 | -32.04 | -0.13 | -152.0 | -148.15 | 1.42 | -35.75 | -15.98 | 12.98 | -29.93 | -7.22 | 6.65 | -2.78 | 1.68 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0.45 | -2.17 | -27.42 | 9.52 | 11.21 | 12.66 | 0 | 0 | 0 | 0 | 0 | 0 | -1.91 | -9.14 | 25.97 | -1.91 | -9.14 | 25.97 | 0 | 0 | 100.0 | -1.91 | -9.14 | 26.25 | 0.00 | 0 | 0 |
| 22Q3 (12) | 6.65 | -4.04 | 741.77 | 0 | 0 | -100.0 | 1.47 | -6.96 | 250.0 | 0 | 0 | 0 | 2.66 | -25.07 | -24.0 | 0.25 | -44.44 | -53.7 | 2.21 | -10.89 | -11.95 | 18.52 | -4.61 | 0.37 | 6.84 | -0.29 | 26.43 | 0 | 0 | 0 | 0.03 | -90.32 | -98.1 | 0.46 | -11.54 | -32.35 | 8.56 | 0.12 | 14.9 | 0 | 0 | 0 | 0 | 0 | 0 | -1.75 | 12.06 | 37.94 | -1.75 | 12.06 | 37.94 | 0 | 0 | 100.0 | -1.75 | 12.06 | 38.38 | 0.00 | 0 | 0 |
| 22Q2 (11) | 6.93 | 0.0 | 607.14 | 0 | 0 | -100.0 | 1.58 | 51.92 | 1336.36 | 0 | 0 | 0 | 3.55 | 34.98 | 7.9 | 0.45 | 246.15 | -35.71 | 2.48 | 55.0 | 8.3 | 19.42 | 51.84 | -14.35 | 6.86 | -2.97 | 67.32 | 0 | 0 | 0 | 0.31 | -67.71 | -65.17 | 0.52 | -8.77 | -1.89 | 8.55 | 0.23 | 14.92 | 0 | 0 | 0 | 0 | 0 | 0 | -1.99 | 18.78 | 40.77 | -1.99 | 18.78 | 40.77 | 0 | 0 | 100.0 | -1.99 | 18.78 | 41.3 | 0.00 | 0 | 0 |
| 22Q1 (10) | 6.93 | -20.07 | 341.4 | 0 | 0 | -100.0 | 1.04 | 42.47 | 0 | 0 | 0 | 0 | 2.63 | -14.89 | 19.55 | 0.13 | -51.85 | 200.0 | 1.6 | -5.33 | 21.21 | 12.79 | -8.58 | -34.02 | 7.07 | 8.1 | 161.85 | 0 | 0 | 0 | 0.96 | -24.41 | 0 | 0.57 | -8.06 | 11.76 | 8.53 | 0.95 | 15.58 | 0 | 0 | 0 | 0 | 0 | 0 | -2.45 | 5.04 | 39.66 | -2.45 | 5.04 | 39.66 | 0 | 100.0 | 100.0 | -2.45 | 5.41 | 40.24 | 0.00 | 0 | 0 |
| 21Q4 (9) | 8.67 | 997.47 | 256.79 | 0 | -100.0 | 0 | 0.73 | 73.81 | 0 | 0 | 0 | 0 | 3.09 | -11.71 | -32.97 | 0.27 | -50.0 | 345.45 | 1.69 | -32.67 | 28.03 | 13.99 | -24.2 | -51.14 | 6.54 | 20.89 | 261.33 | 0 | 0 | 0 | 1.27 | -19.62 | 0 | 0.62 | -8.82 | 82.35 | 8.45 | 13.42 | 14.65 | 0 | 0 | 0 | 0 | 0 | 0 | -2.58 | 8.51 | 34.35 | -2.58 | 8.51 | 34.35 | -0.01 | 50.0 | 80.0 | -2.59 | 8.8 | 34.92 | 0.00 | 0 | 0 |
| 21Q3 (8) | 0.79 | -19.39 | 0 | 0.45 | -10.0 | 0 | 0.42 | 281.82 | 0 | 0 | 0 | 0 | 3.5 | 6.38 | 0 | 0.54 | -22.86 | 0 | 2.51 | 9.61 | 0 | 18.46 | -18.6 | 0 | 5.41 | 31.95 | 0 | 0 | 0 | 0 | 1.58 | 77.53 | 0 | 0.68 | 28.3 | 0 | 7.45 | 0.13 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.82 | 16.07 | 0 | -2.82 | 16.07 | 0 | -0.02 | 33.33 | 0 | -2.84 | 16.22 | 0 | 0.00 | 0 | 0 |
| 21Q2 (7) | 0.98 | -37.58 | 0 | 0.5 | -37.5 | 0 | 0.11 | 0 | 0 | 0 | 0 | 0 | 3.29 | 49.55 | 0 | 0.7 | 638.46 | 0 | 2.29 | 73.48 | 0 | 22.67 | 16.97 | 0 | 4.1 | 51.85 | 0 | 0 | 0 | 0 | 0.89 | 0 | 0 | 0.53 | 3.92 | 0 | 7.44 | 0.81 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.36 | 17.24 | 0 | -3.36 | 17.24 | 0 | -0.03 | 25.0 | 0 | -3.39 | 17.32 | 0 | 0.00 | 0 | 0 |
| 21Q1 (6) | 1.57 | -35.39 | 0 | 0.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.2 | -52.28 | 0 | -0.13 | -18.18 | 0 | 1.32 | 0.0 | 0 | 19.38 | -32.31 | 0 | 2.7 | 49.17 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.51 | 50.0 | 0 | 7.38 | 0.14 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.06 | -3.31 | 0 | -4.06 | -3.31 | 0 | -0.04 | 20.0 | 0 | -4.1 | -3.02 | 0 | 0.00 | 0 | 0 |
| 20Q4 (5) | 2.43 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.61 | 0 | 0 | -0.11 | 0 | 0 | 1.32 | 0 | 0 | 28.63 | 0 | 0 | 1.81 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.34 | 0 | 0 | 7.37 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.93 | 0 | 0 | -3.93 | 0 | 0 | -0.05 | 0 | 0 | -3.98 | 0 | 0 | 0.00 | 0 | 0 |
