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) | 17.25 | -1.65 | 17.15 | 38.87 | 0.15 | -96.46 | 0 | 0 | 31.93 | -14.37 | 0.93 | -11.43 | 11.6 | -12.98 | 36.33 | 1.63 | 10.71 | -9.01 | 1.3 | -21.21 | 11.36 | -4.54 | 0.72 | -1.37 | 12.95 | 0.0 | 5.57 | 2.01 | 3.04 | -51.75 | 6.9 | 76.92 | 15.51 | -1.02 | -3.21 | 0 | 3.69 | 284.38 | 0.02 | -2.65 |
| 2022 (9) | 17.54 | 45.32 | 12.35 | 41.79 | 4.24 | 21100.0 | 0 | 0 | 37.29 | -13.3 | 1.05 | -34.78 | 13.33 | -19.21 | 35.75 | -6.82 | 11.77 | -19.11 | 1.65 | -34.0 | 11.9 | -30.93 | 0.73 | -8.75 | 12.95 | 0.0 | 5.46 | 0.0 | 6.3 | 33.19 | 3.9 | -31.58 | 15.67 | -1.38 | -2.94 | 0 | 0.96 | 0 | 0.02 | -0.19 |
| 2021 (8) | 12.07 | -3.59 | 8.71 | 35.46 | 0.02 | -99.7 | 0 | 0 | 43.01 | 14.82 | 1.61 | 1363.64 | 16.5 | 1.6 | 38.36 | -11.51 | 14.55 | 21.55 | 2.5 | -5.3 | 17.23 | 54.11 | 0.8 | 1500.0 | 12.95 | 3.02 | 5.46 | 0.0 | 4.73 | 33.99 | 5.7 | -8.21 | 15.89 | 4.54 | -6.21 | 0 | -0.51 | 0 | 0.02 | 7.76 |
| 2020 (7) | 12.52 | 6.28 | 6.43 | -49.69 | 6.77 | 233.5 | 0 | 0 | 37.46 | 0.48 | 0.11 | 175.0 | 16.24 | 6.01 | 43.35 | 5.5 | 11.97 | -10.87 | 2.64 | -16.19 | 11.18 | 1.08 | 0.05 | 0 | 12.57 | 3.03 | 5.46 | 0.0 | 3.53 | 35.77 | 6.21 | -14.7 | 15.2 | -0.91 | -4.63 | 0 | 1.58 | -58.96 | 0.02 | 3.24 |
| 2019 (6) | 11.78 | -2.4 | 12.78 | -24.02 | 2.03 | 0 | 0 | 0 | 37.28 | -0.59 | 0.04 | -96.67 | 15.32 | 5.66 | 41.09 | 6.28 | 13.43 | 6.17 | 3.15 | 43.18 | 11.06 | 63.13 | 0 | 0 | 12.2 | 0.0 | 5.46 | 2.25 | 2.6 | -18.75 | 7.28 | -22.96 | 15.34 | -14.73 | -3.43 | 0 | 3.85 | -44.6 | 0.01 | 13.35 |
| 2018 (5) | 12.07 | 20.58 | 16.82 | 40.75 | 0 | 0 | 0 | 0 | 37.5 | 5.96 | 1.2 | -73.86 | 14.5 | -9.38 | 38.67 | -14.47 | 12.65 | 32.18 | 2.2 | 10.0 | 6.78 | 23.27 | 0 | 0 | 12.2 | 7.68 | 5.34 | 9.43 | 3.2 | 276.47 | 9.45 | -35.36 | 17.99 | -11.6 | -2.5 | 0 | 6.95 | -39.67 | 0.01 | -0.25 |
| 2017 (4) | 10.01 | -5.57 | 11.95 | -7.65 | 1.17 | 550.0 | 0 | 0 | 35.39 | 0.31 | 4.59 | -18.18 | 16.0 | 0.06 | 45.21 | -0.25 | 9.57 | 18.88 | 2.0 | 170.27 | 5.5 | 146.64 | 0 | 0 | 11.33 | 3.28 | 4.88 | 12.96 | 0.85 | 750.0 | 14.62 | -4.01 | 20.35 | 3.56 | -3.1 | 0 | 11.52 | -20.44 | 0.01 | -4.39 |
| 2016 (3) | 10.6 | 0.95 | 12.94 | 21.5 | 0.18 | 0 | 0 | 0 | 35.28 | 9.23 | 5.61 | 32.62 | 15.99 | 5.47 | 45.32 | -3.43 | 8.05 | 10.43 | 0.74 | 0.0 | 2.23 | -55.49 | 0 | 0 | 10.97 | 7.02 | 4.32 | 10.77 | 0.1 | 0.0 | 15.23 | 15.99 | 19.65 | 14.78 | -0.75 | 0 | 14.48 | 1.9 | 0.01 | -6.69 |
| 2015 (2) | 10.5 | -8.62 | 10.65 | 23.84 | 0 | 0 | 0 | 0 | 32.3 | 3.36 | 4.23 | -14.72 | 15.16 | 21.47 | 46.93 | 17.53 | 7.29 | -1.22 | 0.74 | 0 | 5.01 | 2078.26 | 0 | 0 | 10.25 | -2.75 | 3.9 | 14.71 | 0.1 | -87.65 | 13.13 | 10.9 | 17.12 | 6.67 | 1.08 | -20.0 | 14.21 | 7.73 | 0.01 | 0.05 |
| 2014 (1) | 11.49 | -19.54 | 8.6 | 31.7 | 0 | 0 | 0 | 0 | 31.25 | 3.75 | 4.96 | -7.12 | 12.48 | 3.83 | 39.94 | 0.07 | 7.38 | 23.62 | 0 | 0 | 0.23 | -65.15 | 0 | 0 | 10.54 | 1.25 | 3.4 | 18.47 | 0.81 | 0.0 | 11.84 | 7.15 | 16.05 | 9.04 | 1.35 | 0 | 13.19 | 20.9 | 0.01 | 0.19 |
| 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) | 16.65 | -7.4 | -2.8 | 17.2 | 8.18 | 12.79 | 0.66 | 78.38 | 0 | 0 | 0 | 0 | 9.64 | 14.08 | 8.56 | 0.35 | -2.78 | 288.89 | 13.54 | 16.12 | 9.28 | 40.05 | 13.51 | 4.92 | 13.7 | 21.78 | 25.23 | 1.21 | -2.42 | -17.12 | 12.52 | 1.21 | 14.23 | 0.68 | 0.0 | -10.53 | 12.95 | 0.0 | 0.0 | 5.66 | 0.0 | 1.62 | 3.31 | 0.0 | 8.88 | 6.57 | 5.8 | -0.3 | 15.53 | 2.31 | 2.17 | -0.52 | 62.32 | 69.23 | 6.05 | 25.26 | 23.47 | 0.02 | 7.61 | 9.32 |
| 24Q2 (19) | 17.98 | 0.11 | -17.9 | 15.9 | -1.55 | 21.37 | 0.37 | 48.0 | -91.04 | 0 | 0 | 0 | 8.45 | 14.81 | 4.19 | 0.36 | 1000.0 | -7.69 | 11.66 | 3.09 | 3.83 | 35.28 | 2.03 | 2.38 | 11.25 | 0.9 | 4.36 | 1.24 | -2.36 | -18.95 | 12.37 | -2.9 | 7.94 | 0.68 | -2.86 | -10.53 | 12.95 | 0.0 | 0.0 | 5.66 | 1.62 | 1.62 | 3.31 | 8.88 | 8.88 | 6.21 | -9.48 | -4.46 | 15.18 | -1.87 | 0.46 | -1.38 | 30.3 | 57.93 | 4.83 | -1.02 | 50.0 | 0.02 | 3.12 | 0.47 |
| 24Q1 (18) | 17.96 | 4.12 | -12.65 | 16.15 | -5.83 | 56.8 | 0.25 | 66.67 | -94.21 | 0 | 0 | 0 | 7.36 | -11.96 | 11.85 | -0.04 | -111.11 | -150.0 | 11.31 | -2.5 | 5.8 | 34.58 | -4.82 | 8.68 | 11.15 | 4.11 | -0.8 | 1.27 | -2.31 | -21.6 | 12.74 | 12.15 | 6.34 | 0.7 | -2.78 | -14.63 | 12.95 | 0.0 | 0.0 | 5.57 | 0.0 | 2.01 | 3.04 | 0.0 | -51.75 | 6.86 | -0.58 | 72.36 | 15.47 | -0.26 | -1.78 | -1.98 | 38.32 | 34.65 | 4.88 | 32.25 | 413.68 | 0.02 | -4.5 | -5.64 |
| 23Q4 (17) | 17.25 | 0.7 | -1.65 | 17.15 | 12.46 | 38.87 | 0.15 | 0 | -96.46 | 0 | 0 | 0 | 8.36 | -5.86 | -5.96 | 0.36 | 300.0 | 181.82 | 11.6 | -6.38 | -12.98 | 36.33 | -4.82 | 1.63 | 10.71 | -2.1 | -9.01 | 1.3 | -10.96 | -21.21 | 11.36 | 3.65 | -4.54 | 0.72 | -5.26 | -1.37 | 12.95 | 0.0 | 0.0 | 5.57 | 0.0 | 2.01 | 3.04 | 0.0 | -51.75 | 6.9 | 4.7 | 76.92 | 15.51 | 2.04 | -1.02 | -3.21 | -89.94 | -9.18 | 3.69 | -24.69 | 284.38 | 0.02 | 3.15 | -2.65 |
| 23Q3 (16) | 17.13 | -21.78 | 11.67 | 15.25 | 16.41 | 21.03 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 8.88 | 9.49 | -1.44 | 0.09 | -76.92 | -60.87 | 12.39 | 10.33 | -15.31 | 38.17 | 10.77 | 3.66 | 10.94 | 1.48 | -20.09 | 1.46 | -4.58 | -42.97 | 10.96 | -4.36 | 30.17 | 0.76 | 0.0 | -1.3 | 12.95 | 0.0 | 0.0 | 5.57 | 0.0 | 2.01 | 3.04 | 0.0 | -51.75 | 6.59 | 1.38 | 52.9 | 15.2 | 0.6 | -5.47 | -1.69 | 48.48 | 25.22 | 4.9 | 52.17 | 139.02 | 0.02 | -1.1 | 1.44 |
| 23Q2 (15) | 21.9 | 6.52 | 59.74 | 13.1 | 27.18 | 23.24 | 4.13 | -4.4 | 0 | 0 | 0 | 0 | 8.11 | 23.25 | -11.07 | 0.39 | 387.5 | -26.42 | 11.23 | 5.05 | -16.19 | 34.46 | 8.31 | 8.13 | 10.78 | -4.09 | -32.58 | 1.53 | -5.56 | -38.31 | 11.46 | -4.34 | -29.26 | 0.76 | -7.32 | -2.56 | 12.95 | 0.0 | 0.0 | 5.57 | 2.01 | 2.01 | 3.04 | -51.75 | -51.75 | 6.5 | 63.32 | 59.71 | 15.11 | -4.06 | -4.61 | -3.28 | -8.25 | 19.01 | 3.22 | 238.95 | 16000.0 | 0.02 | -3.15 | -2.44 |
| 23Q1 (14) | 20.56 | 17.22 | 70.2 | 10.3 | -16.6 | 16.91 | 4.32 | 1.89 | 43100.0 | 0 | 0 | 0 | 6.58 | -25.98 | -35.93 | 0.08 | 118.18 | -88.89 | 10.69 | -19.8 | -34.01 | 31.82 | -11.0 | -14.61 | 11.24 | -4.5 | -33.41 | 1.62 | -1.82 | -35.71 | 11.98 | 0.67 | -29.86 | 0.82 | 12.33 | 1.23 | 12.95 | 0.0 | 0.0 | 5.46 | 0.0 | 0.0 | 6.3 | 0.0 | 33.19 | 3.98 | 2.05 | -37.91 | 15.75 | 0.51 | -5.18 | -3.03 | -3.06 | 33.11 | 0.95 | -1.04 | -49.47 | 0.02 | -1.47 | -1.56 |
| 22Q4 (13) | 17.54 | 14.34 | 45.32 | 12.35 | -1.98 | 41.79 | 4.24 | -38.99 | 21100.0 | 0 | 0 | 0 | 8.89 | -1.33 | -21.54 | -0.44 | -291.3 | -153.66 | 13.33 | -8.89 | -19.21 | 35.75 | -2.92 | -6.82 | 11.77 | -14.02 | -19.11 | 1.65 | -35.55 | -34.0 | 11.9 | 41.33 | -30.93 | 0.73 | -5.19 | -8.75 | 12.95 | 0.0 | 0.0 | 5.46 | 0.0 | 0.0 | 6.3 | 0.0 | 33.19 | 3.9 | -9.51 | -31.58 | 15.67 | -2.55 | -1.38 | -2.94 | -30.09 | 52.66 | 0.96 | -53.17 | 288.24 | 0.02 | 7.48 | -0.19 |
| 22Q3 (12) | 15.34 | 11.89 | 13.04 | 12.6 | 18.53 | 63.64 | 6.95 | 0 | 23066.67 | 0 | 0 | 0 | 9.01 | -1.21 | -20.48 | 0.23 | -56.6 | -30.3 | 14.63 | 9.18 | -10.85 | 36.82 | 15.55 | -5.64 | 13.69 | -14.38 | 0.37 | 2.56 | 3.23 | -1.92 | 8.42 | -48.02 | -51.1 | 0.77 | -1.28 | -4.94 | 12.95 | 0.0 | 0.0 | 5.46 | 0.0 | 0.0 | 6.3 | 0.0 | 33.19 | 4.31 | 5.9 | -12.22 | 16.08 | 1.52 | 6.49 | -2.26 | 44.2 | 64.13 | 2.05 | 10150.0 | 247.48 | 0.02 | -4.89 | -6.3 |
| 22Q2 (11) | 13.71 | 13.49 | -1.44 | 10.63 | 20.66 | 26.55 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 9.12 | -11.2 | -13.55 | 0.53 | -26.39 | 35.9 | 13.4 | -17.28 | -11.14 | 31.87 | -14.47 | -12.92 | 15.99 | -5.27 | 23.57 | 2.48 | -1.59 | -1.98 | 16.2 | -5.15 | 45.95 | 0.78 | -3.7 | -6.02 | 12.95 | 0.0 | 3.02 | 5.46 | 0.0 | 0.0 | 6.3 | 33.19 | 78.47 | 4.07 | -36.51 | -38.98 | 15.84 | -4.64 | 1.15 | -4.05 | 10.6 | 31.59 | 0.02 | -98.94 | -97.33 | 0.02 | -2.27 | 8.12 |
| 22Q1 (10) | 12.08 | 0.08 | -4.73 | 8.81 | 1.15 | 36.59 | 0.01 | -50.0 | -99.85 | 0 | 0 | 0 | 10.27 | -9.36 | 4.8 | 0.72 | -12.2 | 928.57 | 16.2 | -1.82 | 0.19 | 37.26 | -2.88 | -7.49 | 16.88 | 16.01 | 31.98 | 2.52 | 0.8 | -2.33 | 17.08 | -0.87 | 53.05 | 0.81 | 1.25 | -5.81 | 12.95 | 0.0 | 3.02 | 5.46 | 0.0 | 0.0 | 4.73 | 0.0 | 33.99 | 6.41 | 12.46 | 2.07 | 16.61 | 4.53 | 8.78 | -4.53 | 27.05 | 9.76 | 1.88 | 468.63 | 49.21 | 0.02 | -0.1 | 8.56 |
| 21Q4 (9) | 12.07 | -11.05 | -3.59 | 8.71 | 13.12 | 35.46 | 0.02 | -33.33 | -99.7 | 0 | 0 | 0 | 11.33 | 0.0 | 9.26 | 0.82 | 148.48 | 334.29 | 16.5 | 0.55 | 1.6 | 38.36 | -1.7 | -11.51 | 14.55 | 6.67 | 21.55 | 2.5 | -4.21 | -5.3 | 17.23 | 0.06 | 54.11 | 0.8 | -1.23 | 1500.0 | 12.95 | 0.0 | 3.02 | 5.46 | 0.0 | 0.0 | 4.73 | 0.0 | 33.99 | 5.7 | 16.09 | -8.21 | 15.89 | 5.23 | 4.54 | -6.21 | 1.43 | -34.13 | -0.51 | 63.31 | -132.28 | 0.02 | 0.9 | 7.76 |
| 21Q3 (8) | 13.57 | -2.44 | 5.44 | 7.7 | -8.33 | 10.32 | 0.03 | -99.42 | -99.6 | 0 | 0 | 0 | 11.33 | 7.39 | 8.01 | 0.33 | -15.38 | 6.45 | 16.41 | 8.82 | 12.32 | 39.02 | 6.65 | -0.96 | 13.64 | 5.41 | 6.81 | 2.61 | 3.16 | -2.25 | 17.22 | 55.14 | 65.9 | 0.81 | -2.41 | 1520.0 | 12.95 | 3.02 | 3.02 | 5.46 | 0.0 | 0.0 | 4.73 | 33.99 | 33.99 | 4.91 | -26.39 | -25.49 | 15.1 | -3.58 | -3.08 | -6.3 | -6.42 | -31.8 | -1.39 | -285.33 | -176.8 | 0.02 | 9.76 | 9.26 |
| 21Q2 (7) | 13.91 | 9.7 | -3.13 | 8.4 | 30.23 | 7.83 | 5.15 | -24.26 | 145.24 | 0 | 0 | 0 | 10.55 | 7.65 | 11.17 | 0.39 | 457.14 | -33.9 | 15.08 | -6.74 | 13.13 | 36.59 | -9.14 | 0 | 12.94 | 1.17 | 0.47 | 2.53 | -1.94 | -6.64 | 11.1 | -0.54 | -29.39 | 0.83 | -3.49 | 0 | 12.57 | 0.0 | 0.0 | 5.46 | 0.0 | 0.0 | 3.53 | 0.0 | 0.0 | 6.67 | 6.21 | 6.38 | 15.66 | 2.55 | 2.62 | -5.92 | -17.93 | -34.85 | 0.75 | -40.48 | -60.11 | 0.01 | -1.87 | 5.11 |
| 21Q1 (6) | 12.68 | 1.28 | -13.03 | 6.45 | 0.31 | -38.69 | 6.8 | 0.44 | 240.0 | 0 | 0 | 0 | 9.8 | -5.5 | 37.83 | 0.07 | 120.0 | 115.91 | 16.17 | -0.43 | 29.36 | 40.27 | -7.1 | 0 | 12.79 | 6.85 | 7.21 | 2.58 | -2.27 | 0.39 | 11.16 | -0.18 | -17.88 | 0.86 | 1620.0 | 0 | 12.57 | 0.0 | 3.03 | 5.46 | 0.0 | 0.0 | 3.53 | 0.0 | 35.77 | 6.28 | 1.13 | -6.27 | 15.27 | 0.46 | 3.46 | -5.02 | -8.42 | -28.39 | 1.26 | -20.25 | -54.84 | 0.02 | -0.84 | -13.49 |
| 20Q4 (5) | 12.52 | -2.72 | 6.28 | 6.43 | -7.88 | -49.69 | 6.77 | -10.21 | 233.5 | 0 | 0 | 0 | 10.37 | -1.14 | 3.8 | -0.35 | -212.9 | -206.06 | 16.24 | 11.16 | 6.01 | 43.35 | 10.03 | 0 | 11.97 | -6.26 | -10.87 | 2.64 | -1.12 | -16.19 | 11.18 | 7.71 | 1.08 | 0.05 | 0.0 | 0 | 12.57 | 0.0 | 3.03 | 5.46 | 0.0 | 0.0 | 3.53 | 0.0 | 35.77 | 6.21 | -5.77 | -14.7 | 15.2 | -2.44 | -0.91 | -4.63 | 3.14 | -34.99 | 1.58 | -12.71 | -58.96 | 0.02 | 2.31 | 3.24 |
| 20Q3 (4) | 12.87 | -10.38 | 0.0 | 6.98 | -10.4 | 0.0 | 7.54 | 259.05 | 0.0 | 0 | 0 | 0.0 | 10.49 | 10.54 | 0.0 | 0.31 | -47.46 | 0.0 | 14.61 | 9.6 | 0.0 | 39.40 | 0 | 0.0 | 12.77 | -0.85 | 0.0 | 2.67 | -1.48 | 0.0 | 10.38 | -33.97 | 0.0 | 0.05 | 0 | 0.0 | 12.57 | 0.0 | 0.0 | 5.46 | 0.0 | 0.0 | 3.53 | 0.0 | 0.0 | 6.59 | 5.1 | 0.0 | 15.58 | 2.1 | 0.0 | -4.78 | -8.88 | 0.0 | 1.81 | -3.72 | 0.0 | 0.02 | 5.59 | 0.0 |
