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) | 23.16 | 80.09 | 4.75 | 20.56 | 8.32 | 867.44 | 0 | 0 | 59.97 | -11.48 | 7.16 | -36.92 | 9.78 | -20.36 | 16.31 | -10.03 | 17.47 | -25.85 | 26.56 | 8.81 | 21.9 | -23.37 | 1.04 | 6.12 | 20.68 | 6.05 | 6.49 | 20.63 | 0 | 0 | 19.19 | -2.34 | 25.68 | 2.11 | 3.04 | 641.46 | 22.23 | 10.82 | 0.12 | 14.92 |
| 2022 (9) | 12.86 | -16.0 | 3.94 | 885.0 | 0.86 | -95.0 | 0 | 0 | 67.75 | 18.71 | 11.35 | 262.62 | 12.28 | 63.95 | 18.13 | 38.11 | 23.56 | 22.84 | 24.41 | 5.99 | 28.58 | 72.58 | 0.98 | 22.5 | 19.5 | 10.11 | 5.38 | 6.32 | 0.13 | -27.78 | 19.65 | 69.98 | 25.15 | 49.7 | 0.41 | 0 | 20.06 | 75.5 | 0.10 | -39.02 |
| 2021 (8) | 15.31 | 61.33 | 0.4 | -81.22 | 17.21 | 2290.28 | 0 | 0 | 57.07 | 34.63 | 3.13 | 255.68 | 7.49 | -10.08 | 13.12 | -33.21 | 19.18 | 27.7 | 23.03 | -14.39 | 16.56 | -43.11 | 0.8 | 2.56 | 17.71 | 0.0 | 5.06 | 1.81 | 0.18 | -78.31 | 11.56 | 25.52 | 16.8 | 11.85 | -0.13 | 0 | 11.43 | 26.58 | 0.17 | 19.68 |
| 2020 (7) | 9.49 | 81.8 | 2.13 | -85.49 | 0.72 | 0 | 0 | 0 | 42.39 | 10.39 | 0.88 | -65.49 | 8.33 | 32.85 | 19.65 | 20.35 | 15.02 | 18.27 | 26.9 | 12.27 | 29.11 | 1612.35 | 0.78 | -3.7 | 17.71 | 0.0 | 4.97 | 5.3 | 0.83 | 0.0 | 9.21 | -17.69 | 15.02 | -10.22 | -0.18 | 0 | 9.03 | -12.84 | 0.14 | 113.2 |
| 2019 (6) | 5.22 | -28.2 | 14.68 | 63.11 | 0 | 0 | 0 | 0 | 38.4 | -2.27 | 2.55 | -16.94 | 6.27 | -18.78 | 16.33 | -16.9 | 12.7 | 3.93 | 23.96 | 2.88 | 1.7 | 608.33 | 0.81 | 3.85 | 17.71 | 0.4 | 4.72 | 7.03 | 0.83 | 151.52 | 11.19 | -10.98 | 16.73 | -3.35 | -0.83 | 0 | 10.36 | -11.75 | 0.07 | -8.75 |
| 2018 (5) | 7.27 | -0.68 | 9.0 | 80.0 | 0 | 0 | 0 | 0 | 39.29 | -11.97 | 3.07 | 0.66 | 7.72 | 18.77 | 19.65 | 34.91 | 12.22 | 13.15 | 23.29 | 2205.94 | 0.24 | 0 | 0.78 | -4.88 | 17.64 | 42.83 | 4.41 | 7.3 | 0.33 | 0.0 | 12.57 | 1.53 | 17.31 | 2.85 | -0.83 | 0 | 11.74 | -8.21 | 0.07 | -45.7 |
| 2017 (4) | 7.32 | 17.31 | 5.0 | 146.31 | 0.24 | -29.41 | 0 | 0 | 44.63 | -7.54 | 3.05 | -49.08 | 6.5 | -11.32 | 14.56 | -4.09 | 10.8 | 16.63 | 1.01 | 188.57 | 0 | 0 | 0.82 | -26.13 | 12.35 | 2.57 | 4.11 | 17.09 | 0.33 | 153.85 | 12.38 | -4.62 | 16.83 | 1.2 | 0.41 | 0 | 12.79 | 0.08 | 0.13 | -20.02 |
| 2016 (3) | 6.24 | -9.17 | 2.03 | -15.06 | 0.34 | 3300.0 | 0 | 0 | 48.27 | 13.15 | 5.99 | 24.79 | 7.33 | 51.45 | 15.19 | 33.85 | 9.26 | 7.42 | 0.35 | -10.26 | 0 | 0 | 1.11 | 9.9 | 12.04 | 5.8 | 3.51 | 15.84 | 0.13 | 0.0 | 12.98 | 40.17 | 16.63 | 33.9 | -0.2 | 0 | 12.78 | 37.72 | 0.17 | 57.37 |
| 2015 (2) | 6.87 | 26.52 | 2.39 | -58.51 | 0.01 | 0.0 | 0 | 0 | 42.66 | 13.22 | 4.8 | 21.52 | 4.84 | -2.02 | 11.35 | -13.46 | 8.62 | 1.65 | 0.39 | -23.53 | 1.36 | 13500.0 | 1.01 | -0.98 | 11.38 | 13.57 | 3.03 | 15.21 | 0.13 | -23.53 | 9.26 | 58.02 | 12.42 | 43.42 | 0.02 | -81.82 | 9.28 | 55.44 | 0.11 | 22.65 |
| 2014 (1) | 5.43 | 13.36 | 5.76 | 5660.0 | 0.01 | 0 | 0 | 0 | 37.68 | 36.82 | 3.95 | 61.89 | 4.94 | 41.14 | 13.11 | 3.16 | 8.48 | 25.63 | 0.51 | -7.27 | 0.01 | -99.26 | 1.02 | 17.24 | 10.02 | 9.99 | 2.63 | 10.04 | 0.17 | -48.48 | 5.86 | 22.34 | 8.66 | 15.16 | 0.11 | 0 | 5.97 | 25.42 | 0.09 | 61.09 |
| 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) | 14.36 | -5.46 | -33.18 | 4.19 | 2.95 | -7.71 | 8.36 | 0.24 | 639.82 | 0 | 0 | 0 | 14.23 | 8.13 | -5.76 | 0.89 | -47.65 | -66.67 | 9.55 | -4.88 | -18.17 | 18.89 | -3.24 | 6.97 | 18.65 | 3.5 | 6.27 | 26.05 | -8.15 | -0.04 | 20.3 | 105.26 | -37.17 | 1.02 | 0.0 | 5.15 | 20.61 | 0.0 | -0.34 | 7.21 | 0.0 | 11.09 | 0 | 0 | 0 | 16.82 | 6.05 | -13.25 | 24.03 | 4.16 | -7.15 | 4.46 | -16.48 | 53.26 | 21.28 | 0.38 | -4.57 | 0.12 | -1.07 | -4.46 |
| 24Q2 (19) | 15.19 | -14.18 | -36.02 | 4.07 | 3.56 | 307.0 | 8.34 | 0.24 | 701.92 | 0 | 0 | 0 | 13.16 | 33.47 | -14.49 | 1.7 | -14.57 | -23.77 | 10.04 | 40.03 | -9.14 | 19.52 | 46.1 | 23.26 | 18.02 | -4.71 | -8.62 | 28.36 | 2.16 | 11.87 | 9.89 | -24.27 | -70.67 | 1.02 | -1.92 | 8.51 | 20.61 | 0.0 | 5.69 | 7.21 | 11.09 | 11.09 | 0 | 0 | 0 | 15.86 | -25.08 | -5.03 | 23.07 | -16.59 | -0.52 | 5.34 | 15.58 | 107.78 | 21.2 | -17.8 | 10.02 | 0.12 | 5.6 | -15.34 |
| 24Q1 (18) | 17.7 | -23.58 | 12.81 | 3.93 | -17.26 | -17.26 | 8.32 | 0.0 | 775.79 | 0 | 0 | 0 | 9.86 | -25.92 | -39.02 | 1.99 | 1047.62 | -19.43 | 7.17 | -26.69 | -36.1 | 13.36 | -18.07 | -17.74 | 18.91 | 8.24 | -11.39 | 27.76 | 4.52 | 9.29 | 13.06 | -40.37 | -57.11 | 1.04 | 0.0 | 9.47 | 20.61 | -0.34 | 5.69 | 6.49 | 0.0 | 20.63 | 0 | 0 | -100.0 | 21.17 | 10.32 | -4.25 | 27.66 | 7.71 | 0.14 | 4.62 | 51.97 | 155.25 | 25.79 | 16.01 | 7.82 | 0.11 | -5.96 | 15.58 |
| 23Q4 (17) | 23.16 | 7.77 | 80.09 | 4.75 | 4.63 | 20.56 | 8.32 | 636.28 | 867.44 | 0 | 0 | 0 | 13.31 | -11.85 | -31.5 | -0.21 | -107.87 | -107.24 | 9.78 | -16.2 | -20.36 | 16.31 | -7.64 | -10.04 | 17.47 | -0.46 | -25.85 | 26.56 | 1.92 | 8.81 | 21.9 | -32.22 | -23.37 | 1.04 | 7.22 | 6.12 | 20.68 | 0.0 | 6.05 | 6.49 | 0.0 | 20.63 | 0 | 0 | -100.0 | 19.19 | -1.03 | -2.34 | 25.68 | -0.77 | 2.11 | 3.04 | 4.47 | 641.46 | 22.23 | -0.31 | 10.82 | 0.12 | -2.76 | 14.92 |
| 23Q3 (16) | 21.49 | -9.48 | 90.51 | 4.54 | 354.0 | 37.58 | 1.13 | 8.65 | -89.71 | 0 | 0 | 0 | 15.1 | -1.88 | -19.6 | 2.67 | 19.73 | -36.12 | 11.67 | 5.61 | -0.68 | 17.66 | 11.49 | -7.46 | 17.55 | -11.0 | -27.03 | 26.06 | 2.8 | 9.96 | 32.31 | -4.18 | 86.22 | 0.97 | 3.19 | 0.0 | 20.68 | 6.05 | 6.98 | 6.49 | 0.0 | 20.63 | 0 | 0 | -100.0 | 19.39 | 16.11 | 15.83 | 25.88 | 11.6 | 16.31 | 2.91 | 13.23 | 14650.0 | 22.3 | 15.72 | 33.37 | 0.12 | -12.33 | 10.89 |
| 23Q2 (15) | 23.74 | 51.31 | 176.37 | 1.0 | -78.95 | -56.52 | 1.04 | 9.47 | -93.66 | 0 | 0 | 0 | 15.39 | -4.82 | 4.77 | 2.23 | -9.72 | -11.86 | 11.05 | -1.52 | 9.73 | 15.84 | -2.5 | -11.12 | 19.72 | -7.59 | -10.2 | 25.35 | -0.2 | 11.18 | 33.72 | 10.74 | 142.42 | 0.94 | -1.05 | 4.44 | 19.5 | 0.0 | 10.11 | 6.49 | 20.63 | 20.63 | 0 | -100.0 | -100.0 | 16.7 | -24.47 | 32.96 | 23.19 | -16.04 | 28.33 | 2.57 | 41.99 | 726.83 | 19.27 | -19.44 | 58.6 | 0.14 | 44.17 | 7.33 |
| 23Q1 (14) | 15.69 | 22.01 | 104.56 | 4.75 | 20.56 | 1087.5 | 0.95 | 10.47 | -94.2 | 0 | 0 | 0 | 16.17 | -16.78 | 8.96 | 2.47 | -14.83 | 41.95 | 11.22 | -8.63 | 22.76 | 16.24 | -10.39 | 9.48 | 21.34 | -9.42 | 5.02 | 25.4 | 4.06 | 8.45 | 30.45 | 6.54 | 103.68 | 0.95 | -3.06 | 17.28 | 19.5 | 0.0 | 10.11 | 5.38 | 0.0 | 6.32 | 0.13 | 0.0 | -27.78 | 22.11 | 12.52 | 114.66 | 27.62 | 9.82 | 77.73 | 1.81 | 341.46 | 1745.45 | 23.92 | 19.24 | 134.74 | 0.10 | -6.5 | -29.17 |
| 22Q4 (13) | 12.86 | 14.01 | -16.0 | 3.94 | 19.39 | 885.0 | 0.86 | -92.17 | -95.0 | 0 | 0 | 0 | 19.43 | 3.46 | 46.42 | 2.9 | -30.62 | 62.92 | 12.28 | 4.51 | 63.95 | 18.13 | -4.99 | 38.13 | 23.56 | -2.04 | 22.84 | 24.41 | 3.0 | 5.99 | 28.58 | 64.73 | 72.58 | 0.98 | 1.03 | 22.5 | 19.5 | 0.88 | 10.11 | 5.38 | 0.0 | 6.32 | 0.13 | 0.0 | -27.78 | 19.65 | 17.38 | 69.98 | 25.15 | 13.03 | 49.7 | 0.41 | 2150.0 | 415.38 | 20.06 | 19.98 | 75.5 | 0.10 | -6.16 | -39.02 |
| 22Q3 (12) | 11.28 | 31.32 | 40.3 | 3.3 | 43.48 | -0.9 | 10.98 | -33.09 | 14.97 | 0 | 0 | 0 | 18.78 | 27.84 | 36.98 | 4.18 | 65.22 | 608.47 | 11.75 | 16.68 | 7.01 | 19.08 | 7.08 | -2.41 | 24.05 | 9.52 | 33.61 | 23.7 | 3.95 | 3.36 | 17.35 | 24.73 | -29.5 | 0.97 | 7.78 | 25.97 | 19.33 | 9.15 | 9.15 | 5.38 | 0.0 | 6.32 | 0.13 | 0.0 | -27.78 | 16.74 | 33.28 | 71.52 | 22.25 | 23.13 | 48.23 | -0.02 | 95.12 | 94.29 | 16.72 | 37.61 | 77.68 | 0.11 | -15.15 | -33.35 |
| 22Q2 (11) | 8.59 | 11.99 | 37.44 | 2.3 | 475.0 | -36.64 | 16.41 | 0.18 | 772.87 | 0 | 0 | 0 | 14.69 | -1.01 | -25.73 | 2.53 | 45.4 | 548.72 | 10.07 | 10.18 | -5.53 | 17.82 | 20.1 | -11.59 | 21.96 | 8.07 | 25.85 | 22.8 | -2.65 | 0.53 | 13.91 | -6.96 | -52.2 | 0.9 | 11.11 | 21.62 | 17.71 | 0.0 | 0.0 | 5.38 | 6.32 | 8.25 | 0.13 | -27.78 | -84.34 | 12.56 | 21.94 | 45.71 | 18.07 | 16.28 | 25.31 | -0.41 | -272.73 | -215.38 | 12.15 | 19.23 | 43.11 | 0.13 | -4.85 | -24.9 |
| 22Q1 (10) | 7.67 | -49.9 | -25.24 | 0.4 | 0.0 | -90.31 | 16.38 | -4.82 | 795.08 | 0 | 0 | 0 | 14.84 | 11.83 | 43.94 | 1.74 | -2.25 | 370.27 | 9.14 | 22.03 | 52.59 | 14.84 | 13.06 | 4.8 | 20.32 | 5.94 | 17.25 | 23.42 | 1.69 | -10.68 | 14.95 | -9.72 | -46.55 | 0.81 | 1.25 | 5.19 | 17.71 | 0.0 | 0.0 | 5.06 | 0.0 | 1.81 | 0.18 | 0.0 | -78.31 | 10.3 | -10.9 | 25.46 | 15.54 | -7.5 | 10.92 | -0.11 | 15.38 | -257.14 | 10.19 | -10.85 | 23.07 | 0.14 | -19.5 | -16.6 |
| 21Q4 (9) | 15.31 | 90.42 | 61.33 | 0.4 | -87.99 | -81.22 | 17.21 | 80.21 | 2290.28 | 0 | 0 | 0 | 13.27 | -3.21 | 7.36 | 1.78 | 201.69 | 1012.5 | 7.49 | -31.79 | -10.08 | 13.12 | -32.87 | -33.2 | 19.18 | 6.56 | 27.7 | 23.03 | 0.44 | -14.39 | 16.56 | -32.71 | -43.11 | 0.8 | 3.9 | 2.56 | 17.71 | 0.0 | 0.0 | 5.06 | 0.0 | 1.81 | 0.18 | 0.0 | -78.31 | 11.56 | 18.44 | 25.52 | 16.8 | 11.93 | 11.85 | -0.13 | 62.86 | 27.78 | 11.43 | 21.47 | 26.58 | 0.17 | 2.55 | 19.68 |
| 21Q3 (8) | 8.04 | 28.64 | 44.09 | 3.33 | -8.26 | 60.1 | 9.55 | 407.98 | 1848.98 | 0 | 0 | 0 | 13.71 | -30.69 | 31.32 | 0.59 | 51.28 | 353.85 | 10.98 | 3.0 | 88.34 | 19.55 | -3.0 | 38.5 | 18.0 | 3.15 | 9.56 | 22.93 | 1.1 | -11.19 | 24.61 | -15.43 | 13.88 | 0.77 | 4.05 | -3.75 | 17.71 | 0.0 | 0.0 | 5.06 | 1.81 | 1.81 | 0.18 | -78.31 | -78.31 | 9.76 | 13.23 | 6.78 | 15.01 | 4.09 | 0.47 | -0.35 | -169.23 | 30.0 | 9.41 | 10.84 | 8.91 | 0.16 | -4.39 | 25.96 |
| 21Q2 (7) | 6.25 | -39.08 | -2.5 | 3.63 | -12.11 | 78.82 | 1.88 | 2.73 | 571.43 | 0 | 0 | 0 | 19.78 | 91.85 | 115.0 | 0.39 | 5.41 | -26.42 | 10.66 | 77.96 | 83.48 | 20.16 | 42.36 | 0 | 17.45 | 0.69 | 17.19 | 22.68 | -13.5 | -11.44 | 29.1 | 4.04 | 21.55 | 0.74 | -3.9 | -8.64 | 17.71 | 0.0 | 0.0 | 4.97 | 0.0 | 0.0 | 0.83 | 0.0 | 0.0 | 8.62 | 4.99 | -3.69 | 14.42 | 2.93 | -2.24 | -0.13 | -285.71 | 87.62 | 8.49 | 2.54 | 7.47 | 0.17 | 5.67 | 82.49 |
| 21Q1 (6) | 10.26 | 8.11 | 56.64 | 4.13 | 93.9 | 138.73 | 1.83 | 154.17 | 2514.29 | 0 | 0 | 0 | 10.31 | -16.59 | -0.87 | 0.37 | 131.25 | 428.57 | 5.99 | -28.09 | 23.25 | 14.16 | -27.94 | 0 | 17.33 | 15.38 | 21.02 | 26.22 | -2.53 | 9.84 | 27.97 | -3.92 | 26.1 | 0.77 | -1.28 | -4.94 | 17.71 | 0.0 | 0.0 | 4.97 | 0.0 | 5.3 | 0.83 | 0.0 | 0.0 | 8.21 | -10.86 | -5.52 | 14.01 | -6.72 | -1.62 | 0.07 | 138.89 | 104.24 | 8.28 | -8.31 | 17.61 | 0.16 | 15.52 | 115.33 |
| 20Q4 (5) | 9.49 | 70.07 | 81.8 | 2.13 | 2.4 | -85.49 | 0.72 | 46.94 | 0 | 0 | 0 | 0 | 12.36 | 18.39 | 9.77 | 0.16 | 23.08 | -78.08 | 8.33 | 42.88 | 32.85 | 19.65 | 39.17 | 0 | 15.02 | -8.58 | 18.27 | 26.9 | 4.18 | 12.27 | 29.11 | 34.71 | 1612.35 | 0.78 | -2.5 | -3.7 | 17.71 | 0.0 | 0.0 | 4.97 | 0.0 | 5.3 | 0.83 | 0.0 | 0.0 | 9.21 | 0.77 | -17.69 | 15.02 | 0.54 | -10.22 | -0.18 | 64.0 | 78.31 | 9.03 | 4.51 | -12.84 | 0.14 | 7.93 | 113.2 |
| 20Q3 (4) | 5.58 | -12.95 | 0.0 | 2.08 | 2.46 | 0.0 | 0.49 | 75.0 | 0.0 | 0 | 0 | 0.0 | 10.44 | 13.48 | 0.0 | 0.13 | -75.47 | 0.0 | 5.83 | 0.34 | 0.0 | 14.12 | 0 | 0.0 | 16.43 | 10.34 | 0.0 | 25.82 | 0.82 | 0.0 | 21.61 | -9.73 | 0.0 | 0.8 | -1.23 | 0.0 | 17.71 | 0.0 | 0.0 | 4.97 | 0.0 | 0.0 | 0.83 | 0.0 | 0.0 | 9.14 | 2.12 | 0.0 | 14.94 | 1.29 | 0.0 | -0.5 | 52.38 | 0.0 | 8.64 | 9.37 | 0.0 | 0.13 | 38.52 | 0.0 |
