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) | 3.77 | -0.53 | 2.94 | 40.67 | 0.15 | 0 | 0 | 0 | 49.13 | -5.34 | 0.22 | -45.0 | 7.77 | 25.32 | 15.82 | 32.39 | 0.02 | -96.72 | 0 | 0 | 0.16 | -48.39 | 0.1 | 25.0 | 2.96 | -1.99 | 1.61 | 2.55 | 0.1 | -84.85 | 0.82 | 26.15 | 2.53 | -12.46 | -0.12 | 0 | 0.7 | 27.27 | 0.16 | -34.77 |
| 2022 (9) | 3.79 | -18.32 | 2.09 | -15.04 | 0 | 0 | 0 | 0 | 51.9 | -12.36 | 0.4 | 21.21 | 6.2 | -23.08 | 11.95 | -12.23 | 0.61 | -61.15 | 0 | 0 | 0.31 | 3000.0 | 0.08 | 300.0 | 3.02 | 0.0 | 1.57 | 1.95 | 0.66 | 29.41 | 0.65 | -12.16 | 2.89 | 3.96 | -0.1 | 0 | 0.55 | 587.5 | 0.25 | -0.83 |
| 2021 (8) | 4.64 | -34.46 | 2.46 | -26.57 | 2.97 | 3612.5 | 0 | 0 | 59.22 | -7.74 | 0.33 | -54.17 | 8.06 | -7.46 | 13.61 | 0.3 | 1.57 | 265.12 | 0 | 0 | 0.01 | -99.66 | 0.02 | -33.33 | 3.02 | 0.0 | 1.54 | 5.48 | 0.51 | 155.0 | 0.74 | -55.95 | 2.78 | -16.77 | -0.66 | 0 | 0.08 | -93.16 | 0.25 | -1.26 |
| 2020 (7) | 7.08 | 29.91 | 3.35 | 477.59 | 0.08 | 0 | 0 | 0 | 64.19 | -11.73 | 0.72 | -65.22 | 8.71 | -20.38 | 13.57 | -9.8 | 0.43 | 1333.33 | 0 | 0 | 2.95 | 2.08 | 0.03 | 50.0 | 3.02 | 0.0 | 1.46 | 15.87 | 0.2 | 900.0 | 1.68 | -46.67 | 3.34 | -24.43 | -0.51 | 0 | 1.17 | -60.34 | 0.25 | 17.84 |
| 2019 (6) | 5.45 | 4.21 | 0.58 | -76.71 | 0 | 0 | 0 | 0 | 72.72 | -8.86 | 2.07 | -47.86 | 10.94 | -11.49 | 15.04 | -2.88 | 0.03 | -95.89 | 0 | 0 | 2.89 | 0 | 0.02 | -71.43 | 3.02 | 0.0 | 1.26 | 46.51 | 0.02 | -91.3 | 3.15 | -26.23 | 4.42 | -17.54 | -0.2 | 0 | 2.95 | -30.59 | 0.22 | 9.32 |
| 2018 (5) | 5.23 | -15.65 | 2.49 | 24.5 | 0 | 0 | 0 | 0 | 79.79 | 4.6 | 3.97 | 34.12 | 12.36 | 17.71 | 15.49 | 12.54 | 0.73 | 630.0 | 0 | 0 | 0 | 0 | 0.07 | 133.33 | 3.02 | 0.0 | 0.86 | 53.57 | 0.23 | 0 | 4.27 | 30.18 | 5.36 | 39.58 | -0.02 | 0 | 4.25 | 39.34 | 0.20 | -21.41 |
| 2017 (4) | 6.2 | 24.0 | 2.0 | 33.33 | 0 | 0 | 0 | 0 | 76.28 | -6.29 | 2.96 | 15.18 | 10.5 | 3.45 | 13.77 | 10.39 | 0.1 | -33.33 | 0 | 0 | 0.01 | 0.0 | 0.03 | -40.0 | 3.02 | 20.32 | 0.56 | 80.65 | 0 | 0 | 3.28 | 26.64 | 3.84 | 32.87 | -0.23 | 0 | 3.05 | 10.11 | 0.25 | 12.95 |
| 2016 (3) | 5.0 | 5.93 | 1.5 | -35.06 | 0 | 0 | 0 | 0 | 81.4 | 5.13 | 2.57 | 27.23 | 10.15 | 6.39 | 12.47 | 1.21 | 0.15 | -40.0 | 0 | 0 | 0.01 | 0.0 | 0.05 | 0.0 | 2.51 | 0.0 | 0.31 | 210.0 | 0 | 0 | 2.59 | 23.33 | 2.89 | 30.77 | 0.18 | -40.0 | 2.77 | 15.42 | 0.22 | 18.67 |
| 2015 (2) | 4.72 | 80.15 | 2.31 | 20.31 | 0 | 0 | 0 | 0 | 77.43 | 16.24 | 2.02 | 106.12 | 9.54 | 17.49 | 12.32 | 1.07 | 0.25 | 212.5 | 0 | 0 | 0.01 | 0 | 0.05 | -16.67 | 2.51 | 18.96 | 0.1 | 900.0 | 0 | 0 | 2.1 | 103.88 | 2.21 | 112.5 | 0.3 | 76.47 | 2.4 | 100.0 | 0.19 | 10.14 |
| 2014 (1) | 2.62 | 52.33 | 1.92 | 31.51 | 0.01 | 0.0 | 0 | 0 | 66.61 | 23.01 | 0.98 | 34.25 | 8.12 | 28.08 | 12.19 | 4.12 | 0.08 | 0 | 0 | 0 | 0 | 0 | 0.06 | 20.0 | 2.11 | 23.39 | 0.01 | 0 | 0 | 0 | 1.03 | 1616.67 | 1.04 | 1633.33 | 0.17 | 1600.0 | 1.2 | 1614.29 | 0.17 | 124.67 |
| 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) | 3.19 | -10.14 | -19.24 | 1.91 | 20.89 | -45.89 | 0.16 | 6.67 | 33.33 | 0 | 0 | 0 | 13.21 | 8.19 | -4.21 | -0.12 | -300.0 | -271.43 | 8.46 | 15.89 | 4.06 | 16.85 | 17.23 | -2.66 | 0.01 | 0.0 | -96.3 | 0 | 0 | 0 | 0.04 | -50.0 | -80.0 | 0.09 | -10.0 | -18.18 | 2.96 | 0.0 | 0.0 | 1.63 | 0.0 | 1.24 | 0.12 | 0.0 | 20.0 | 0.39 | -23.53 | -45.07 | 2.13 | -5.33 | -11.98 | 0.1 | -61.54 | -50.0 | 0.49 | -36.36 | -46.15 | 0.15 | 10.09 | -8.43 |
| 24Q2 (19) | 3.55 | -8.97 | -11.47 | 1.58 | 8.22 | -52.55 | 0.15 | 0.0 | 87.5 | 0 | 0 | 0 | 12.21 | 11.71 | 5.26 | -0.03 | -160.0 | -142.86 | 7.3 | 1.67 | 7.35 | 14.37 | 0.45 | -3.91 | 0.01 | 0.0 | -98.46 | 0 | 0 | 0 | 0.08 | -33.33 | -65.22 | 0.1 | 0.0 | 25.0 | 2.96 | 0.0 | 0.0 | 1.63 | 1.24 | 1.24 | 0.12 | 20.0 | 20.0 | 0.51 | -41.38 | -21.54 | 2.25 | -12.79 | -4.66 | 0.26 | 62.5 | 966.67 | 0.77 | -25.24 | 24.19 | 0.14 | -4.44 | -16.98 |
| 24Q1 (18) | 3.9 | 3.45 | -9.51 | 1.46 | -50.34 | -45.52 | 0.15 | 0.0 | 275.0 | 0 | 0 | 0 | 10.93 | -21.14 | 10.63 | 0.05 | -54.55 | 266.67 | 7.18 | -7.59 | 16.18 | 14.31 | -9.53 | 12.08 | 0.01 | -50.0 | -97.3 | 0 | 0 | 0 | 0.12 | -25.0 | -55.56 | 0.1 | 0.0 | 25.0 | 2.96 | 0.0 | -1.99 | 1.61 | 0.0 | 2.55 | 0.1 | 0.0 | -84.85 | 0.87 | 6.1 | 38.1 | 2.58 | 1.98 | -9.79 | 0.16 | 233.33 | 206.67 | 1.03 | 47.14 | 114.58 | 0.15 | -9.91 | -30.21 |
| 23Q4 (17) | 3.77 | -4.56 | -0.53 | 2.94 | -16.71 | 40.67 | 0.15 | 25.0 | 0 | 0 | 0 | 0 | 13.86 | 0.51 | 18.46 | 0.11 | 57.14 | 1000.0 | 7.77 | -4.43 | 25.32 | 15.82 | -8.63 | 32.39 | 0.02 | -92.59 | -96.72 | 0 | 0 | 0 | 0.16 | -20.0 | -48.39 | 0.1 | -9.09 | 25.0 | 2.96 | 0.0 | -1.99 | 1.61 | 0.0 | 2.55 | 0.1 | 0.0 | -84.85 | 0.82 | 15.49 | 26.15 | 2.53 | 4.55 | -12.46 | -0.12 | -160.0 | -20.0 | 0.7 | -23.08 | 27.27 | 0.16 | -3.38 | -34.77 |
| 23Q3 (16) | 3.95 | -1.5 | -21.47 | 3.53 | 6.01 | 23.43 | 0.12 | 50.0 | -96.0 | 0 | 0 | 0 | 13.79 | 18.88 | 12.3 | 0.07 | 0.0 | -46.15 | 8.13 | 19.56 | 11.68 | 17.31 | 15.72 | 30.36 | 0.27 | -58.46 | -65.38 | 0 | 0 | 0 | 0.2 | -13.04 | 1900.0 | 0.11 | 37.5 | 450.0 | 2.96 | 0.0 | -1.99 | 1.61 | 0.0 | 2.55 | 0.1 | 0.0 | -84.85 | 0.71 | 9.23 | 10.94 | 2.42 | 2.54 | -15.68 | 0.2 | 766.67 | 81.82 | 0.91 | 46.77 | 21.33 | 0.17 | -0.19 | -27.38 |
| 23Q2 (15) | 4.01 | -6.96 | -25.05 | 3.33 | 24.25 | -21.46 | 0.08 | 100.0 | -97.32 | 0 | 0 | 0 | 11.6 | 17.41 | -20.27 | 0.07 | 333.33 | -56.25 | 6.8 | 10.03 | -22.73 | 14.96 | 17.17 | -6.87 | 0.65 | 75.68 | -58.06 | 0 | 0 | 0 | 0.23 | -14.81 | 2200.0 | 0.08 | 0.0 | 300.0 | 2.96 | -1.99 | -1.99 | 1.61 | 2.55 | 2.55 | 0.1 | -84.85 | -84.85 | 0.65 | 3.17 | 27.45 | 2.36 | -17.48 | -13.87 | -0.03 | 80.0 | 89.29 | 0.62 | 29.17 | 169.57 | 0.17 | -19.68 | -29.48 |
| 23Q1 (14) | 4.31 | 13.72 | -23.04 | 2.68 | 28.23 | -26.78 | 0.04 | 0 | -98.66 | 0 | 0 | 0 | 9.88 | -15.56 | -26.1 | -0.03 | -400.0 | -130.0 | 6.18 | -0.32 | -20.57 | 12.77 | 6.86 | -5.62 | 0.37 | -39.34 | -80.0 | 0 | 0 | 0 | 0.27 | -12.9 | 2600.0 | 0.08 | 0.0 | 300.0 | 3.02 | 0.0 | 0.0 | 1.57 | 0.0 | 1.95 | 0.66 | 0.0 | 29.41 | 0.63 | -3.08 | -25.0 | 2.86 | -1.04 | -0.69 | -0.15 | -50.0 | 68.09 | 0.48 | -12.73 | 29.73 | 0.21 | -15.79 | -5.42 |
| 22Q4 (13) | 3.79 | -24.65 | -18.32 | 2.09 | -26.92 | -15.04 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 11.7 | -4.72 | -20.03 | 0.01 | -92.31 | -94.12 | 6.2 | -14.84 | -23.08 | 11.95 | -10.03 | -12.23 | 0.61 | -21.79 | -61.15 | 0 | 0 | 0 | 0.31 | 3000.0 | 3000.0 | 0.08 | 300.0 | 300.0 | 3.02 | 0.0 | 0.0 | 1.57 | 0.0 | 1.95 | 0.66 | 0.0 | 29.41 | 0.65 | 1.56 | -12.16 | 2.89 | 0.7 | 3.96 | -0.1 | -190.91 | 84.85 | 0.55 | -26.67 | 587.5 | 0.25 | 7.56 | -0.83 |
| 22Q3 (12) | 5.03 | -5.98 | -13.72 | 2.86 | -32.55 | 31.19 | 3.0 | 0.33 | 0 | 0 | 0 | 0 | 12.28 | -15.6 | 0.33 | 0.13 | -18.75 | 1400.0 | 7.28 | -17.27 | 27.05 | 13.28 | -17.33 | 51.22 | 0.78 | -49.68 | -7.14 | 0 | 0 | 0 | 0.01 | 0.0 | -99.66 | 0.02 | 0.0 | 0.0 | 3.02 | 0.0 | 0.0 | 1.57 | 0.0 | 1.95 | 0.66 | 0.0 | 29.41 | 0.64 | 25.49 | 12.28 | 2.87 | 4.74 | 9.96 | 0.11 | 139.29 | 117.19 | 0.75 | 226.09 | 1171.43 | 0.23 | -3.07 | -13.57 |
| 22Q2 (11) | 5.35 | -4.46 | -16.93 | 4.24 | 15.85 | 25.82 | 2.99 | 0.34 | 0 | 0 | 0 | 0 | 14.55 | 8.83 | -15.8 | 0.16 | 60.0 | 433.33 | 8.8 | 13.11 | 5.52 | 16.06 | 18.75 | 43.07 | 1.55 | -16.22 | 70.33 | 0 | 0 | 0 | 0.01 | 0.0 | -99.66 | 0.02 | 0.0 | -33.33 | 3.02 | 0.0 | 0.0 | 1.57 | 1.95 | 7.53 | 0.66 | 29.41 | 230.0 | 0.51 | -39.29 | -72.43 | 2.74 | -4.86 | -21.94 | -0.28 | 40.43 | 55.56 | 0.23 | -37.84 | -81.15 | 0.24 | 7.73 | 2.12 |
| 22Q1 (10) | 5.6 | 20.69 | -7.59 | 3.66 | 48.78 | 60.53 | 2.98 | 0.34 | 0 | 0 | 0 | 0 | 13.37 | -8.61 | -11.28 | 0.1 | -41.18 | -28.57 | 7.78 | -3.47 | -9.22 | 13.53 | -0.62 | 5.25 | 1.85 | 17.83 | 90.72 | 0 | 0 | 0 | 0.01 | 0.0 | -99.66 | 0.02 | 0.0 | -33.33 | 3.02 | 0.0 | 0.0 | 1.54 | 0.0 | 5.48 | 0.51 | 0.0 | 155.0 | 0.84 | 13.51 | -53.85 | 2.88 | 3.6 | -17.24 | -0.47 | 28.79 | 6.0 | 0.37 | 362.5 | -71.97 | 0.22 | -11.71 | -4.65 |
| 21Q4 (9) | 4.64 | -20.41 | -34.46 | 2.46 | 12.84 | -26.57 | 2.97 | 0 | 3612.5 | 0 | 0 | 0 | 14.63 | 19.53 | -29.22 | 0.17 | 1800.0 | -37.04 | 8.06 | 40.66 | -7.46 | 13.61 | 55.01 | 0.29 | 1.57 | 86.9 | 265.12 | 0 | 0 | 0 | 0.01 | -99.66 | -99.66 | 0.02 | 0.0 | -33.33 | 3.02 | 0.0 | 0.0 | 1.54 | 0.0 | 5.48 | 0.51 | 0.0 | 155.0 | 0.74 | 29.82 | -55.95 | 2.78 | 6.51 | -16.77 | -0.66 | -3.12 | -29.41 | 0.08 | 214.29 | -93.16 | 0.25 | -6.25 | -1.26 |
| 21Q3 (8) | 5.83 | -9.47 | -6.57 | 2.18 | -35.31 | -41.55 | 0 | 0 | 0 | 0 | 0 | 0 | 12.24 | -29.17 | -42.45 | -0.01 | -133.33 | -101.49 | 5.73 | -31.29 | -41.23 | 8.78 | -21.79 | -44.27 | 0.84 | -7.69 | 211.11 | 0 | 0 | 0 | 2.96 | 0.0 | -1.99 | 0.02 | -33.33 | -50.0 | 3.02 | 0.0 | 0.0 | 1.54 | 5.48 | 5.48 | 0.51 | 155.0 | 155.0 | 0.57 | -69.19 | -59.29 | 2.61 | -25.64 | -14.98 | -0.64 | -1.59 | -106.45 | -0.07 | -105.74 | -106.42 | 0.27 | 14.52 | 9.81 |
| 21Q2 (7) | 6.44 | 6.27 | -22.69 | 3.37 | 47.81 | 27.65 | 0 | 0 | 0 | 0 | 0 | 0 | 17.28 | 14.66 | 78.51 | 0.03 | -78.57 | 113.64 | 8.34 | -2.68 | 21.93 | 11.23 | -12.64 | 0 | 0.91 | -6.19 | 2175.0 | 0 | 0 | 0 | 2.96 | 0.0 | -1.66 | 0.03 | 0.0 | 0.0 | 3.02 | 0.0 | 0.0 | 1.46 | 0.0 | 0.0 | 0.2 | 0.0 | 0.0 | 1.85 | 1.65 | 153.42 | 3.51 | 0.86 | 46.86 | -0.63 | -26.0 | -215.0 | 1.22 | -7.58 | 130.19 | 0.23 | 0.59 | -4.13 |
| 21Q1 (6) | 6.06 | -14.41 | -6.48 | 2.28 | -31.94 | 250.77 | 0 | -100.0 | 0 | 0 | 0 | 0 | 15.07 | -27.09 | 19.98 | 0.14 | -48.15 | 1300.0 | 8.57 | -1.61 | -6.44 | 12.85 | -5.31 | 0 | 0.97 | 125.58 | 1840.0 | 0 | 0 | 0 | 2.96 | 0.34 | 2.07 | 0.03 | 0.0 | 0.0 | 3.02 | 0.0 | 0.0 | 1.46 | 0.0 | 15.87 | 0.2 | 0.0 | 900.0 | 1.82 | 8.33 | -42.22 | 3.48 | 4.19 | -21.44 | -0.5 | 1.96 | -212.5 | 1.32 | 12.82 | -55.85 | 0.23 | -8.57 | 7.43 |
| 20Q4 (5) | 7.08 | 13.46 | 29.91 | 3.35 | -10.19 | 477.59 | 0.08 | 0 | 0 | 0 | 0 | 0 | 20.67 | -2.82 | 12.46 | 0.27 | -59.7 | -15.62 | 8.71 | -10.67 | -20.38 | 13.57 | -13.85 | 0 | 0.43 | 59.26 | 1333.33 | 0 | 0 | 0 | 2.95 | -2.32 | 2.08 | 0.03 | -25.0 | 50.0 | 3.02 | 0.0 | 0.0 | 1.46 | 0.0 | 15.87 | 0.2 | 0.0 | 900.0 | 1.68 | 20.0 | -46.67 | 3.34 | 8.79 | -24.43 | -0.51 | -64.52 | -155.0 | 1.17 | 7.34 | -60.34 | 0.25 | 4.26 | 17.84 |
| 20Q3 (4) | 6.24 | -25.09 | 0.0 | 3.73 | 41.29 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 21.27 | 119.73 | 0.0 | 0.67 | 404.55 | 0.0 | 9.75 | 42.54 | 0.0 | 15.75 | 0 | 0.0 | 0.27 | 575.0 | 0.0 | 0 | 0 | 0.0 | 3.02 | 0.33 | 0.0 | 0.04 | 33.33 | 0.0 | 3.02 | 0.0 | 0.0 | 1.46 | 0.0 | 0.0 | 0.2 | 0.0 | 0.0 | 1.4 | 91.78 | 0.0 | 3.07 | 28.45 | 0.0 | -0.31 | -55.0 | 0.0 | 1.09 | 105.66 | 0.0 | 0.24 | -0.02 | 0.0 |
