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) | 6.35 | -32.59 | 4.09 | -54.66 | 0.16 | 0 | 0 | 0 | 11.35 | -17.39 | 0.56 | -80.07 | 3.15 | -9.48 | 27.75 | 9.58 | 3.56 | -17.4 | 0 | 0 | 2.0 | 4900.0 | 0.13 | 62.5 | 8.1 | 0.0 | 1.74 | 18.37 | 0.46 | 64.29 | 1.94 | -35.97 | 4.14 | -13.39 | -0.48 | 0 | 1.46 | -43.19 | 0.03 | 22.87 |
| 2022 (9) | 9.42 | 78.41 | 9.02 | -8.43 | 0 | 0 | 0 | 0 | 13.74 | -0.94 | 2.81 | 269.74 | 3.48 | -14.71 | 25.33 | -13.9 | 4.31 | -5.27 | 0 | 0 | 0.04 | 0 | 0.08 | 100.0 | 8.1 | -4.26 | 1.47 | 4.26 | 0.28 | 0.0 | 3.03 | 150.41 | 4.78 | 64.83 | -0.46 | 0 | 2.57 | 176.34 | 0.02 | -1.97 |
| 2021 (8) | 5.28 | 27.23 | 9.85 | 35.86 | 0 | 0 | 0 | 0 | 13.87 | 12.49 | 0.76 | 2.7 | 4.08 | 7.09 | 29.42 | -4.8 | 4.55 | 11.79 | 0 | 0 | 0 | 0 | 0.04 | -20.0 | 8.46 | -2.87 | 1.41 | 5.22 | 0.28 | -26.32 | 1.21 | -14.18 | 2.9 | -7.05 | -0.28 | 0 | 0.93 | -17.7 | 0.02 | 20.39 |
| 2020 (7) | 4.15 | -6.11 | 7.25 | -20.77 | 0 | 0 | 0 | 0 | 12.33 | 0.08 | 0.74 | 48.0 | 3.81 | -6.39 | 30.90 | -6.46 | 4.07 | -14.14 | 0.74 | 23.33 | 0 | 0 | 0.05 | 0.0 | 8.71 | 0.69 | 1.34 | 3.88 | 0.38 | 15.15 | 1.41 | -9.62 | 3.12 | -1.89 | -0.28 | 0 | 1.13 | -4.24 | 0.02 | -4.35 |
| 2019 (6) | 4.42 | -9.43 | 9.15 | 5.66 | 0.1 | -83.61 | 0 | 0 | 12.32 | -12.44 | 0.5 | -52.83 | 4.07 | -10.15 | 33.04 | 2.61 | 4.74 | -0.42 | 0.6 | -11.76 | 0 | 0 | 0.05 | -16.67 | 8.65 | 4.09 | 1.29 | 9.32 | 0.33 | 6.45 | 1.56 | -26.42 | 3.18 | -11.91 | -0.38 | 0 | 1.18 | -34.08 | 0.02 | -1.57 |
| 2018 (5) | 4.88 | -24.81 | 8.66 | 11.6 | 0.61 | -32.97 | 0 | 0 | 14.07 | 10.61 | 1.06 | -28.38 | 4.53 | 7.35 | 32.20 | -2.95 | 4.76 | 23.64 | 0.68 | -8.11 | 0 | 0 | 0.06 | 0 | 8.31 | 2.09 | 1.18 | 14.56 | 0.31 | 0.0 | 2.12 | -6.61 | 3.61 | 0.0 | -0.33 | 0 | 1.79 | -12.25 | 0.02 | -3.09 |
| 2017 (4) | 6.49 | 78.3 | 7.76 | 133.73 | 0.91 | 0 | 0 | 0 | 12.72 | 1.76 | 1.48 | -10.3 | 4.22 | 10.76 | 33.18 | 8.85 | 3.85 | 33.22 | 0.74 | -7.5 | 0 | 0 | 0 | 0 | 8.14 | 8.24 | 1.03 | 18.39 | 0.31 | 0.0 | 2.27 | -1.73 | 3.61 | 3.44 | -0.23 | 0 | 2.04 | 0.49 | 0.02 | -11.29 |
| 2016 (3) | 3.64 | 211.11 | 3.32 | 245.83 | 0 | 0 | 0 | 0 | 12.5 | 4.69 | 1.65 | 12.24 | 3.81 | 1.33 | 30.48 | -3.21 | 2.89 | 6.25 | 0.8 | -14.89 | 1.99 | -50.86 | 0 | 0 | 7.52 | 14.29 | 0.87 | 20.83 | 0.31 | 0.0 | 2.31 | 24.19 | 3.49 | 20.76 | -0.28 | 0 | 2.03 | 11.54 | 0.02 | -18.69 |
| 2015 (2) | 1.17 | 24.47 | 0.96 | -77.73 | 0 | 0 | 0 | 0 | 11.94 | -1.24 | 1.47 | 32.43 | 3.76 | -6.0 | 31.49 | -4.82 | 2.72 | -22.29 | 0.94 | -7.84 | 4.05 | 202.24 | 0 | 0 | 6.58 | 0.92 | 0.72 | 18.03 | 0.31 | 0.0 | 1.86 | 38.81 | 2.89 | 27.88 | -0.04 | 0 | 1.82 | 20.53 | 0.03 | 0 |
| 2014 (1) | 0.94 | -38.96 | 4.31 | -1.6 | 0.25 | -24.24 | 0 | 0 | 12.09 | 4.49 | 1.11 | -5.13 | 4.0 | 15.94 | 33.09 | 10.96 | 3.5 | 19.05 | 1.02 | 0 | 1.34 | -40.44 | 0.01 | 0.0 | 6.52 | 7.77 | 0.61 | 24.49 | 0.31 | 0.0 | 1.34 | 17.54 | 2.26 | 15.9 | 0.17 | 325.0 | 1.51 | 27.97 | 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) | 4.64 | -23.81 | -34.74 | 5.6 | 2.75 | 6.26 | 0.33 | 37.5 | 106.25 | 0 | 0 | 0 | 3.46 | 8.12 | 15.72 | 0.24 | 14.29 | -27.27 | 3.61 | 3.44 | 9.39 | 28.81 | -0.44 | -0.21 | 4.17 | 1.96 | 8.31 | 0.8 | 0 | 0 | 3.61 | 48.56 | 76.96 | 0.13 | -7.14 | 44.44 | 8.1 | 0.0 | 0.0 | 1.8 | 0.0 | 3.45 | 0.48 | 0.0 | 4.35 | 1.89 | 22.73 | -1.05 | 4.16 | 9.19 | 1.22 | -0.37 | -12.12 | 9.76 | 1.52 | 25.62 | 1.33 | 0.03 | -3.99 | 8.11 |
| 24Q2 (19) | 6.09 | -9.64 | -31.65 | 5.45 | 8.35 | -26.75 | 0.24 | 20.0 | 50.0 | 0 | 0 | 0 | 3.2 | 13.48 | 14.7 | 0.21 | -25.0 | 61.54 | 3.49 | 10.44 | 23.76 | 28.94 | 6.69 | 23.66 | 4.09 | 8.49 | -3.99 | 0 | 0 | 0 | 2.43 | 16.83 | 16.83 | 0.14 | 0.0 | 75.0 | 8.1 | 0.0 | 0.0 | 1.8 | 3.45 | 3.45 | 0.48 | 4.35 | 4.35 | 1.54 | 10.79 | -3.14 | 3.81 | 6.13 | 0.53 | -0.33 | 15.38 | 31.25 | 1.21 | 21.0 | 9.01 | 0.03 | 2.28 | 14.84 |
| 24Q1 (18) | 6.74 | 6.14 | -34.94 | 5.03 | 22.98 | -41.31 | 0.2 | 25.0 | 0 | 0 | 0 | 0 | 2.82 | -7.54 | 11.46 | 0.28 | 1300.0 | 250.0 | 3.16 | 0.32 | 10.88 | 27.12 | -2.18 | 21.73 | 3.77 | 5.9 | -12.73 | 0 | 0 | 0 | 2.08 | 4.0 | 5100.0 | 0.14 | 7.69 | 55.56 | 8.1 | 0.0 | 0.0 | 1.74 | 0.0 | 18.37 | 0.46 | 0.0 | 64.29 | 1.39 | -28.35 | -26.84 | 3.59 | -13.29 | -1.64 | -0.39 | 18.75 | -11.43 | 1.0 | -31.51 | -35.48 | 0.03 | 7.51 | 14.86 |
| 23Q4 (17) | 6.35 | -10.69 | -32.59 | 4.09 | -22.39 | -54.66 | 0.16 | 0.0 | 0 | 0 | 0 | 0 | 3.05 | 2.01 | -2.24 | 0.02 | -93.94 | -99.09 | 3.15 | -4.55 | -9.48 | 27.73 | -3.96 | 9.48 | 3.56 | -7.53 | -17.4 | 0 | 0 | 0 | 2.0 | -1.96 | 4900.0 | 0.13 | 44.44 | 62.5 | 8.1 | 0.0 | 0.0 | 1.74 | 0.0 | 18.37 | 0.46 | 0.0 | 64.29 | 1.94 | 1.57 | -35.97 | 4.14 | 0.73 | -13.39 | -0.48 | -17.07 | -4.35 | 1.46 | -2.67 | -43.19 | 0.03 | 2.41 | 22.87 |
| 23Q3 (16) | 7.11 | -20.2 | -16.74 | 5.27 | -29.17 | -43.33 | 0.16 | 0.0 | 0 | 0 | 0 | 0 | 2.99 | 7.17 | -17.17 | 0.33 | 153.85 | -8.33 | 3.3 | 17.02 | -16.03 | 28.87 | 23.37 | 3.51 | 3.85 | -9.62 | -18.95 | 0 | 0 | 0 | 2.04 | -1.92 | 5000.0 | 0.09 | 12.5 | 200.0 | 8.1 | 0.0 | 0.0 | 1.74 | 0.0 | 18.37 | 0.46 | 0.0 | 64.29 | 1.91 | 20.13 | 138.75 | 4.11 | 8.44 | 60.55 | -0.41 | 14.58 | 10.87 | 1.5 | 35.14 | 341.18 | 0.03 | 1.99 | -1.73 |
| 23Q2 (15) | 8.91 | -14.0 | 31.42 | 7.44 | -13.19 | -23.3 | 0.16 | 0 | 0 | 0 | 0 | 0 | 2.79 | 10.28 | -20.96 | 0.13 | 62.5 | 44.44 | 2.82 | -1.05 | -31.05 | 23.40 | 5.02 | -19.66 | 4.26 | -1.39 | -11.98 | 0 | 0 | 0 | 2.08 | 5100.0 | 5100.0 | 0.08 | -11.11 | 166.67 | 8.1 | 0.0 | -4.26 | 1.74 | 18.37 | 18.37 | 0.46 | 64.29 | 64.29 | 1.59 | -16.32 | 137.31 | 3.79 | 3.84 | 56.61 | -0.48 | -37.14 | -17.07 | 1.11 | -28.39 | 326.92 | 0.03 | 2.3 | 1.68 |
| 23Q1 (14) | 10.36 | 9.98 | 19.77 | 8.57 | -4.99 | -18.92 | 0 | 0 | 0 | 0 | 0 | 0 | 2.53 | -18.91 | -27.3 | 0.08 | -96.36 | -52.94 | 2.85 | -18.1 | -28.75 | 22.28 | -12.02 | -22.4 | 4.32 | 0.23 | -8.09 | 0 | 0 | 0 | 0.04 | 0.0 | 0.0 | 0.09 | 12.5 | 125.0 | 8.1 | 0.0 | -4.26 | 1.47 | 0.0 | 4.26 | 0.28 | 0.0 | 0.0 | 1.9 | -37.29 | 196.88 | 3.65 | -23.64 | 56.65 | -0.35 | 23.91 | -40.0 | 1.55 | -39.69 | 297.44 | 0.03 | 15.0 | -0.02 |
| 22Q4 (13) | 9.42 | 10.3 | 78.41 | 9.02 | -3.01 | -8.43 | 0 | 0 | 0 | 0 | 0 | 0 | 3.12 | -13.57 | -10.09 | 2.2 | 511.11 | 1733.33 | 3.48 | -11.45 | -14.71 | 25.33 | -9.19 | -13.96 | 4.31 | -9.26 | -5.27 | 0 | 0 | 0 | 0.04 | 0.0 | 0 | 0.08 | 166.67 | 100.0 | 8.1 | 0.0 | -4.26 | 1.47 | 0.0 | 4.26 | 0.28 | 0.0 | 0.0 | 3.03 | 278.75 | 150.41 | 4.78 | 86.72 | 64.83 | -0.46 | 0.0 | -64.29 | 2.57 | 655.88 | 176.34 | 0.02 | -18.1 | -1.97 |
| 22Q3 (12) | 8.54 | 25.96 | 37.08 | 9.3 | -4.12 | -9.44 | 0 | 0 | 0 | 0 | 0 | 0 | 3.61 | 2.27 | 1.4 | 0.36 | 300.0 | 63.64 | 3.93 | -3.91 | 0.0 | 27.89 | -4.25 | -3.62 | 4.75 | -1.86 | 1.71 | 0 | 0 | -100.0 | 0.04 | 0.0 | 0 | 0.03 | 0.0 | -25.0 | 8.1 | -4.26 | -4.26 | 1.47 | 0.0 | 4.26 | 0.28 | 0.0 | 0.0 | 0.8 | 19.4 | -23.08 | 2.56 | 5.79 | -6.57 | -0.46 | -12.2 | -43.75 | 0.34 | 30.77 | -52.78 | 0.03 | 5.53 | 29.22 |
| 22Q2 (11) | 6.78 | -21.62 | 15.31 | 9.7 | -8.23 | 4.41 | 0 | 0 | 0 | 0 | 0 | 0 | 3.53 | 1.44 | 3.22 | 0.09 | -47.06 | -40.0 | 4.09 | 2.25 | 4.07 | 29.13 | 1.45 | -0.67 | 4.84 | 2.98 | 8.04 | 0 | 0 | -100.0 | 0.04 | 0.0 | 0 | 0.03 | -25.0 | -25.0 | 8.46 | 0.0 | -2.87 | 1.47 | 4.26 | 4.26 | 0.28 | 0.0 | 0.0 | 0.67 | 4.69 | -39.09 | 2.42 | 3.86 | -13.26 | -0.41 | -64.0 | -32.26 | 0.26 | -33.33 | -67.09 | 0.03 | 0.59 | 28.53 |
| 22Q1 (10) | 8.65 | 63.83 | 53.1 | 10.57 | 7.31 | 29.85 | 0 | 0 | 0 | 0 | 0 | 0 | 3.48 | 0.29 | 2.05 | 0.17 | 41.67 | -37.04 | 4.0 | -1.96 | 3.63 | 28.72 | -2.45 | -4.26 | 4.7 | 3.3 | 18.69 | 0 | 0 | -100.0 | 0.04 | 0 | 0 | 0.04 | 0.0 | -20.0 | 8.46 | 0.0 | -2.87 | 1.41 | 0.0 | 5.22 | 0.28 | 0.0 | -26.32 | 0.64 | -47.11 | -26.44 | 2.33 | -19.66 | -9.69 | -0.25 | 10.71 | 19.35 | 0.39 | -58.06 | -30.36 | 0.03 | 12.75 | 30.2 |
| 21Q4 (9) | 5.28 | -15.25 | 27.23 | 9.85 | -4.09 | 35.86 | 0 | 0 | 0 | 0 | 0 | 0 | 3.47 | -2.53 | 8.78 | 0.12 | -45.45 | -53.85 | 4.08 | 3.82 | 7.09 | 29.44 | 1.72 | -4.81 | 4.55 | -2.57 | 11.79 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0.04 | 0.0 | -20.0 | 8.46 | 0.0 | -2.87 | 1.41 | 0.0 | 5.22 | 0.28 | 0.0 | -26.32 | 1.21 | 16.35 | -14.18 | 2.9 | 5.84 | -7.05 | -0.28 | 12.5 | 0.0 | 0.93 | 29.17 | -17.7 | 0.02 | 7.96 | 20.39 |
| 21Q3 (8) | 6.23 | 5.95 | 47.63 | 10.27 | 10.55 | 26.63 | 0 | 0 | 0 | 0 | 0 | 0 | 3.56 | 4.09 | 5.33 | 0.22 | 46.67 | -15.38 | 3.93 | 0.0 | 6.22 | 28.94 | -1.33 | -5.36 | 4.67 | 4.24 | 10.14 | 0.69 | -1.43 | -5.48 | 0 | 0 | 0 | 0.04 | 0.0 | 0.0 | 8.46 | -2.87 | -2.87 | 1.41 | 0.0 | 5.22 | 0.28 | 0.0 | -26.32 | 1.04 | -5.45 | -8.77 | 2.74 | -1.79 | -4.2 | -0.32 | -3.23 | 17.95 | 0.72 | -8.86 | -4.0 | 0.02 | 4.97 | 12.49 |
| 21Q2 (7) | 5.88 | 4.07 | 34.25 | 9.29 | 14.13 | 18.65 | 0 | 0 | -100.0 | 0 | 0 | 0 | 3.42 | 0.29 | 18.34 | 0.15 | -44.44 | 50.0 | 3.93 | 1.81 | 15.25 | 29.33 | -2.21 | 0 | 4.48 | 13.13 | 5.16 | 0.7 | -2.78 | 22.81 | 0 | 0 | 0 | 0.04 | -20.0 | 0.0 | 8.71 | 0.0 | 0.69 | 1.41 | 5.22 | 5.22 | 0.28 | -26.32 | -26.32 | 1.1 | 26.44 | 25.0 | 2.79 | 8.14 | 7.31 | -0.31 | 0.0 | 34.04 | 0.79 | 41.07 | 92.68 | 0.02 | 1.89 | 3.69 |
| 21Q1 (6) | 5.65 | 36.14 | 9.71 | 8.14 | 12.28 | -10.35 | 0 | 0 | -100.0 | 0 | 0 | 0 | 3.41 | 6.9 | 19.23 | 0.27 | 3.85 | 125.0 | 3.86 | 1.31 | 5.75 | 29.99 | -3.02 | 0 | 3.96 | -2.7 | -11.21 | 0.72 | -2.7 | 22.03 | 0 | 0 | 0 | 0.05 | 0.0 | 25.0 | 8.71 | 0.0 | 0.69 | 1.34 | 0.0 | 3.88 | 0.38 | 0.0 | 15.15 | 0.87 | -38.3 | -48.52 | 2.58 | -17.31 | -21.82 | -0.31 | -10.71 | 29.55 | 0.56 | -50.44 | -55.2 | 0.02 | 4.26 | 7.5 |
| 20Q4 (5) | 4.15 | -1.66 | -6.11 | 7.25 | -10.6 | -20.77 | 0 | 0 | -100.0 | 0 | 0 | 0 | 3.19 | -5.62 | 7.41 | 0.26 | 0.0 | 30.0 | 3.81 | 2.97 | -6.39 | 30.93 | 1.13 | 0 | 4.07 | -4.01 | -14.14 | 0.74 | 1.37 | 23.33 | 0 | 0 | 0 | 0.05 | 25.0 | 0.0 | 8.71 | 0.0 | 0.69 | 1.34 | 0.0 | 3.88 | 0.38 | 0.0 | 15.15 | 1.41 | 23.68 | -9.62 | 3.12 | 9.09 | -1.89 | -0.28 | 28.21 | 26.32 | 1.13 | 50.67 | -4.24 | 0.02 | 0.88 | -4.35 |
| 20Q3 (4) | 4.22 | -3.65 | 0.0 | 8.11 | 3.58 | 0.0 | 0 | -100.0 | 0.0 | 0 | 0 | 0.0 | 3.38 | 16.96 | 0.0 | 0.26 | 160.0 | 0.0 | 3.7 | 8.5 | 0.0 | 30.58 | 0 | 0.0 | 4.24 | -0.47 | 0.0 | 0.73 | 28.07 | 0.0 | 0 | 0 | 0.0 | 0.04 | 0.0 | 0.0 | 8.71 | 0.69 | 0.0 | 1.34 | 0.0 | 0.0 | 0.38 | 0.0 | 0.0 | 1.14 | 29.55 | 0.0 | 2.86 | 10.0 | 0.0 | -0.39 | 17.02 | 0.0 | 0.75 | 82.93 | 0.0 | 0.02 | -3.24 | 0.0 |
