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) | 6.89 | 26.19 | 0.35 | 0 | 0 | 0 | 0 | 0 | 37.46 | -10.98 | 2.38 | 41.67 | 4.29 | 22.22 | 11.45 | 37.3 | 3.41 | 6.23 | 0.05 | -16.67 | 0 | 0 | 0.08 | 100.0 | 5.4 | 0.0 | 0.17 | 0 | 0 | 0 | 4.79 | 33.06 | 4.96 | 37.78 | 0.68 | -10.53 | 5.47 | 25.46 | 0.00 | 0 |
| 2022 (9) | 5.46 | -58.29 | 0 | 0 | 0 | 0 | 0 | 0 | 42.08 | 0.77 | 1.68 | -20.75 | 3.51 | -30.5 | 8.34 | -31.02 | 3.21 | 1.9 | 0.06 | -14.29 | 0 | 0 | 0.04 | -20.0 | 5.4 | 20.0 | 0 | 0 | 0 | 0 | 3.6 | 12.5 | 3.6 | 12.5 | 0.76 | 261.9 | 4.36 | 27.86 | 0.00 | 0 |
| 2021 (8) | 13.09 | 76.18 | 0 | 0 | 0 | 0 | 0 | 0 | 41.76 | 41.42 | 2.12 | 10.42 | 5.05 | -3.81 | 12.09 | -31.98 | 3.15 | 16.67 | 0.07 | -12.5 | 2.77 | 0 | 0.05 | 66.67 | 4.5 | 0.0 | 0 | 0 | 0 | 0 | 3.2 | 66.67 | 3.2 | 66.67 | 0.21 | -70.0 | 3.41 | 30.15 | 0.00 | 0 |
| 2020 (7) | 7.43 | -25.85 | 0 | 0 | 0 | 0 | 0 | 0 | 29.53 | -14.46 | 1.92 | -2.54 | 5.25 | 49.57 | 17.78 | 74.85 | 2.7 | 63.64 | 0.08 | -20.0 | 0 | 0 | 0.03 | 0.0 | 4.5 | 44900.0 | 0 | 0 | 0 | 0 | 1.92 | -66.95 | 1.92 | -66.95 | 0.7 | 0 | 2.62 | -49.22 | 0.00 | 0 |
| 2019 (6) | 10.02 | 18.3 | 0 | 0 | 0 | 0 | 0 | 0 | 34.52 | -13.92 | 1.97 | 61.48 | 3.51 | -57.86 | 10.17 | -51.05 | 1.65 | -47.12 | 0.1 | -16.67 | 0 | 0 | 0.03 | 50.0 | 0.01 | 0.0 | 0 | 0 | 0 | 0 | 5.81 | 1.22 | 5.81 | 1.22 | -0.65 | 0 | 5.16 | -3.91 | 0.00 | 0 |
| 2018 (5) | 8.47 | 0 | 0.19 | 0 | 0 | 0 | 0 | 0 | 40.1 | 0 | 1.22 | 0 | 8.33 | 0 | 20.77 | 0 | 3.12 | 0 | 0.12 | 0 | 0 | 0 | 0.02 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 | 5.74 | 0 | 5.74 | 0 | -0.37 | 0 | 5.37 | 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) | 8.32 | -0.48 | 19.37 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 13.98 | 19.9 | 36.26 | 1.25 | 12.61 | 76.06 | 5.13 | -8.88 | 20.71 | 11.21 | -16.29 | -4.95 | 3.79 | 9.22 | 34.4 | 0.05 | 0.0 | -16.67 | 0 | 0 | 0 | 0.1 | -9.09 | 100.0 | 5.4 | 0.0 | 0.0 | 0.41 | 0.0 | 141.18 | 0 | 0 | 0 | 6.46 | 23.99 | 57.56 | 6.86 | 22.28 | 60.66 | 2.1 | 85.84 | 138.64 | 8.56 | 35.02 | 71.89 | 0.00 | 0 | 0 |
| 24Q2 (19) | 8.36 | 17.91 | 98.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.66 | 17.19 | 34.49 | 1.11 | 18.09 | 29.07 | 5.63 | 27.95 | 38.67 | 13.39 | 18.86 | 25.48 | 3.47 | 1.46 | 30.94 | 0.05 | 0.0 | -16.67 | 0 | 0 | 0 | 0.11 | 22.22 | 120.0 | 5.4 | 0.0 | 0.0 | 0.41 | 141.18 | 141.18 | 0 | 0 | 0 | 5.21 | 20.32 | 53.24 | 5.61 | 24.67 | 57.14 | 1.13 | 14.14 | 182.5 | 6.34 | 19.17 | 66.84 | 0.00 | 0 | 0 |
| 24Q1 (18) | 7.09 | 2.9 | 14.72 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.95 | -2.26 | 19.16 | 0.94 | 36.23 | 623.08 | 4.4 | 2.56 | 10.0 | 11.26 | -1.64 | 15.8 | 3.42 | 0.29 | 16.72 | 0.05 | 0.0 | -16.67 | 0 | 0 | 0 | 0.09 | 12.5 | 125.0 | 5.4 | 0.0 | 0.0 | 0.17 | 0.0 | 0 | 0 | 0 | 0 | 4.33 | -9.6 | 59.78 | 4.5 | -9.27 | 66.05 | 0.99 | 45.59 | 19.28 | 5.32 | -2.74 | 50.28 | 0.00 | 0 | 0 |
| 23Q4 (17) | 6.89 | -1.15 | 26.19 | 0.35 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.18 | -0.78 | 16.21 | 0.69 | -2.82 | 27.78 | 4.29 | 0.94 | 22.22 | 11.45 | -2.89 | 37.3 | 3.41 | 20.92 | 6.23 | 0.05 | -16.67 | -16.67 | 0 | 0 | 0 | 0.08 | 60.0 | 100.0 | 5.4 | 0.0 | 0.0 | 0.17 | 0.0 | 0 | 0 | 0 | 0 | 4.79 | 16.83 | 33.06 | 4.96 | 16.16 | 37.78 | 0.68 | -22.73 | -10.53 | 5.47 | 9.84 | 25.46 | 0.00 | 0 | 0 |
| 23Q3 (16) | 6.97 | 65.17 | -11.1 | 0.35 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.26 | 18.34 | -16.38 | 0.71 | -17.44 | 16.39 | 4.25 | 4.68 | -0.23 | 11.79 | 10.52 | 23.18 | 2.82 | 6.42 | -15.06 | 0.06 | 0.0 | -14.29 | 0 | 0 | 0 | 0.05 | 0.0 | 66.67 | 5.4 | 0.0 | 0.0 | 0.17 | 0.0 | 0 | 0 | 0 | 0 | 4.1 | 20.59 | 33.99 | 4.27 | 19.61 | 39.54 | 0.88 | 120.0 | 91.3 | 4.98 | 31.05 | 41.48 | 0.00 | 0 | 0 |
| 23Q2 (15) | 4.22 | -31.72 | -62.02 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.67 | 3.83 | -26.15 | 0.86 | 561.54 | 40.98 | 4.06 | 1.5 | -35.86 | 10.67 | 9.69 | -27.18 | 2.65 | -9.56 | -12.25 | 0.06 | 0.0 | -14.29 | 0 | 0 | 0 | 0.05 | 25.0 | 25.0 | 5.4 | 0.0 | 0.0 | 0.17 | 0 | 0 | 0 | 0 | 0 | 3.4 | 25.46 | 38.78 | 3.57 | 31.73 | 45.71 | 0.4 | -51.81 | 33.33 | 3.8 | 7.34 | 38.18 | 0.00 | 0 | 0 |
| 23Q1 (14) | 6.18 | 13.19 | -45.93 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.35 | -4.68 | -10.31 | 0.13 | -75.93 | 244.44 | 4.0 | 13.96 | -16.84 | 9.73 | 16.62 | -14.76 | 2.93 | -8.72 | 9.33 | 0.06 | 0.0 | -14.29 | 0 | 0 | -100.0 | 0.04 | 0.0 | -20.0 | 5.4 | 0.0 | 20.0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.71 | -24.72 | -12.86 | 2.71 | -24.72 | -12.86 | 0.83 | 9.21 | 6.41 | 3.54 | -18.81 | -9.0 | 0.00 | 0 | 0 |
| 22Q4 (13) | 5.46 | -30.36 | -58.29 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.76 | -28.61 | -21.65 | 0.54 | -11.48 | 170.0 | 3.51 | -17.61 | -30.5 | 8.34 | -12.87 | -31.02 | 3.21 | -3.31 | 1.9 | 0.06 | -14.29 | -14.29 | 0 | 0 | -100.0 | 0.04 | 33.33 | -20.0 | 5.4 | 0.0 | 20.0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.6 | 17.65 | 12.5 | 3.6 | 17.65 | 12.5 | 0.76 | 65.22 | 261.9 | 4.36 | 23.86 | 27.86 | 0.00 | 0 | 0 |
| 22Q3 (12) | 7.84 | -29.43 | -18.92 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12.27 | 4.51 | 11.85 | 0.61 | 0.0 | -20.78 | 4.26 | -32.7 | -17.44 | 9.57 | -34.67 | -25.35 | 3.32 | 9.93 | 18.57 | 0.07 | 0.0 | 0.0 | 0 | 0 | 0 | 0.03 | -25.0 | -50.0 | 5.4 | 0.0 | 20.0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.06 | 24.9 | 2.0 | 3.06 | 24.9 | 2.0 | 0.46 | 53.33 | 1050.0 | 3.52 | 28.0 | 15.79 | 0.00 | 0 | 0 |
| 22Q2 (11) | 11.11 | -2.8 | 18.82 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.74 | 26.1 | 9.82 | 0.61 | 777.78 | -31.46 | 6.33 | 31.6 | 16.15 | 14.65 | 28.4 | 5.63 | 3.02 | 12.69 | 5.59 | 0.07 | 0.0 | 0.0 | 0 | -100.0 | 0 | 0.04 | -20.0 | -33.33 | 5.4 | 20.0 | 20.0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.45 | -21.22 | 9.87 | 2.45 | -21.22 | 9.87 | 0.3 | -61.54 | -3.23 | 2.75 | -29.31 | 8.27 | 0.00 | 0 | 0 |
| 22Q1 (10) | 11.43 | -12.68 | 100.88 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.31 | -16.73 | 4.37 | -0.09 | -145.0 | -134.62 | 4.81 | -4.75 | -8.38 | 11.41 | -5.63 | -16.42 | 2.68 | -14.92 | 6.35 | 0.07 | 0.0 | -12.5 | 2.86 | 3.25 | 0 | 0.05 | 0.0 | 25.0 | 4.5 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.11 | -2.81 | 43.32 | 3.11 | -2.81 | 43.32 | 0.78 | 271.43 | 39.29 | 3.89 | 14.08 | 42.49 | 0.00 | 0 | 0 |
| 21Q4 (9) | 13.09 | 35.37 | 76.18 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.18 | 1.91 | 15.73 | 0.2 | -74.03 | -67.21 | 5.05 | -2.13 | -3.81 | 12.09 | -5.69 | -31.98 | 3.15 | 12.5 | 16.67 | 0.07 | 0.0 | -12.5 | 2.77 | 0 | 0 | 0.05 | -16.67 | 66.67 | 4.5 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.2 | 6.67 | 66.67 | 3.2 | 6.67 | 66.67 | 0.21 | 425.0 | -70.0 | 3.41 | 12.17 | 30.15 | 0.00 | 0 | 0 |
| 21Q3 (8) | 9.67 | 3.42 | 8.17 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.97 | 2.62 | 9.48 | 0.77 | -13.48 | -22.22 | 5.16 | -5.32 | 57.32 | 12.82 | -7.56 | -22.32 | 2.8 | -2.1 | 61.85 | 0.07 | 0.0 | -22.22 | 0 | 0 | 0 | 0.06 | 0.0 | 100.0 | 4.5 | 0.0 | 800.0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.0 | 34.53 | 129.01 | 3.0 | 34.53 | 129.01 | 0.04 | -87.1 | -84.62 | 3.04 | 19.69 | 93.63 | 0.00 | 0 | 0 |
| 21Q2 (7) | 9.35 | 64.32 | 33.38 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.69 | 19.84 | 8.53 | 0.89 | 242.31 | 178.12 | 5.45 | 3.81 | 232.32 | 13.87 | 1.59 | 0 | 2.86 | 13.49 | 56.28 | 0.07 | -12.5 | -22.22 | 0 | 0 | 0 | 0.06 | 50.0 | 200.0 | 4.5 | 0.0 | 800.0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.23 | 2.76 | 596.88 | 2.23 | 2.76 | 596.88 | 0.31 | -44.64 | 0 | 2.54 | -6.96 | 693.75 | 0.00 | 0 | 0 |
| 21Q1 (6) | 5.69 | -23.42 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.92 | -7.66 | 0 | 0.26 | -57.38 | 0 | 5.25 | 0.0 | 0 | 13.65 | -23.2 | 0 | 2.52 | -6.67 | 0 | 0.08 | 0.0 | 0 | 0 | 0 | 0 | 0.04 | 33.33 | 0 | 4.5 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.17 | 13.02 | 0 | 2.17 | 13.02 | 0 | 0.56 | -20.0 | 0 | 2.73 | 4.2 | 0 | 0.00 | 0 | 0 |
| 20Q4 (5) | 7.43 | -16.89 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.66 | -3.59 | 0 | 0.61 | -38.38 | 0 | 5.25 | 60.06 | 0 | 17.78 | 7.7 | 0 | 2.7 | 56.07 | 0 | 0.08 | -11.11 | 0 | 0 | 0 | 0 | 0.03 | 0.0 | 0 | 4.5 | 800.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.92 | 46.56 | 0 | 1.92 | 46.56 | 0 | 0.7 | 169.23 | 0 | 2.62 | 66.88 | 0 | 0.00 | 0 | 0 |
| 20Q3 (4) | 8.94 | 27.53 | 0.0 | 8.02 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 10.02 | 1.73 | 0.0 | 0.99 | 209.38 | 0.0 | 3.28 | 100.0 | 0.0 | 16.51 | 0 | 0.0 | 1.73 | -5.46 | 0.0 | 0.09 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0.03 | 50.0 | 0.0 | 0.5 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 1.31 | 309.38 | 0.0 | 1.31 | 309.38 | 0.0 | 0.26 | 0 | 0.0 | 1.57 | 390.62 | 0.0 | 0.00 | 0 | 0.0 |
