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) | 12.82 | 5.0 | 12.02 | -15.71 | 0 | 0 | 0 | 0 | 25.48 | -6.15 | 0.43 | -86.22 | 6.99 | 30.17 | 27.43 | 38.7 | 6.49 | -26.83 | 17.12 | -27.82 | 5.0 | 0.0 | 1.68 | -5.62 | 30.15 | 1.82 | 2.21 | 16.93 | 8.45 | 0.24 | 0.76 | -76.1 | 11.41 | -15.48 | -8.94 | 0 | -8.18 | 0 | 0.01 | 32.27 |
| 2022 (9) | 12.21 | -9.56 | 14.26 | -12.3 | 0 | 0 | 0 | 0 | 27.15 | 6.26 | 3.12 | 113.7 | 5.37 | -8.36 | 19.78 | -13.76 | 8.87 | -7.22 | 23.72 | 40.69 | 5.0 | 0.0 | 1.78 | -4.81 | 29.61 | 6.7 | 1.89 | 8.62 | 8.43 | 10.2 | 3.18 | 114.86 | 13.5 | 24.2 | -9.5 | 0 | -6.32 | 0 | 0.01 | 32.33 |
| 2021 (8) | 13.5 | -10.83 | 16.26 | 1.82 | 0 | 0 | 0 | 0 | 25.55 | 13.86 | 1.46 | 0 | 5.86 | 8.12 | 22.94 | -5.04 | 9.56 | 41.84 | 16.86 | -9.69 | 5.0 | 0 | 1.87 | -20.43 | 27.75 | 0.0 | 1.74 | -54.92 | 7.65 | 0.0 | 1.48 | 0 | 10.87 | 15.76 | -12.13 | 0 | -10.65 | 0 | 0.01 | -11.36 |
| 2020 (7) | 15.14 | 6.25 | 15.97 | 52.24 | 6.31 | 2424.0 | 0 | 0 | 22.44 | -28.31 | -0.69 | 0 | 5.42 | -16.87 | 24.15 | 15.95 | 6.74 | -21.26 | 18.67 | 5.6 | 0 | 0 | 2.35 | -5.24 | 27.75 | 7.06 | 3.86 | 7.22 | 7.65 | 41.67 | -2.12 | 0 | 9.39 | -22.84 | -11.35 | 0 | -13.47 | 0 | 0.01 | -54.25 |
| 2019 (6) | 14.25 | 15.95 | 10.49 | -19.74 | 0.25 | -16.67 | 0 | 0 | 31.3 | -19.1 | 2.63 | -4.36 | 6.52 | -29.05 | 20.83 | -12.3 | 8.56 | -17.21 | 17.68 | -4.17 | 6.76 | -2.31 | 2.48 | 8.3 | 25.92 | 0.0 | 3.6 | 8.43 | 5.4 | 187.23 | 3.18 | -49.28 | 12.17 | 6.01 | -13.36 | 0 | -10.18 | 0 | 0.02 | 98.26 |
| 2018 (5) | 12.29 | 3.63 | 13.07 | -30.03 | 0.3 | 500.0 | 0.1 | 0 | 38.69 | 26.44 | 2.75 | 52.78 | 9.19 | 16.48 | 23.75 | -7.88 | 10.34 | -7.51 | 18.45 | -5.38 | 6.92 | 13740.0 | 2.29 | -3.78 | 25.92 | 3.02 | 3.32 | -18.02 | 1.88 | 0.0 | 6.27 | 0 | 11.48 | 120.77 | -11.29 | 0 | -5.02 | 0 | 0.01 | -36.26 |
| 2017 (4) | 11.86 | 16.16 | 18.68 | 15.67 | 0.05 | 0.0 | 0 | 0 | 30.6 | -1.54 | 1.8 | -16.28 | 7.89 | -11.84 | 25.78 | -10.46 | 11.18 | 2.76 | 19.5 | -10.92 | 0.05 | -50.0 | 2.38 | 217.33 | 25.16 | 1.7 | 4.05 | 5.47 | 1.88 | 0 | -0.73 | 0 | 5.2 | -12.31 | -8.11 | 0 | -8.84 | 0 | 0.01 | 25.72 |
| 2016 (3) | 10.21 | 1.39 | 16.15 | 7.59 | 0.05 | -72.22 | 0 | 0 | 31.08 | 10.8 | 2.15 | -8.9 | 8.95 | -4.89 | 28.80 | -14.16 | 10.88 | 3.92 | 21.89 | -18.26 | 0.1 | -37.5 | 0.75 | 200.0 | 24.74 | 2.95 | 3.84 | 6.37 | 0 | 0 | 2.09 | -17.06 | 5.93 | -5.42 | -4.96 | 0 | -2.87 | 0 | 0.01 | -12.45 |
| 2015 (2) | 10.07 | 44.68 | 15.01 | 8.93 | 0.18 | -92.07 | 0 | 0 | 28.05 | 2.3 | 2.36 | -31.79 | 9.41 | 2.95 | 33.55 | 0.64 | 10.47 | 0.29 | 26.78 | 10.12 | 0.16 | -54.29 | 0.25 | -13.79 | 24.03 | 10.33 | 3.61 | 10.74 | 0.14 | 0 | 2.52 | -27.38 | 6.27 | -6.84 | 0.97 | 0 | 3.49 | 4.8 | 0.01 | 27.85 |
| 2014 (1) | 6.96 | 19.18 | 13.78 | 4.24 | 2.27 | 0 | 0 | 0 | 27.42 | 3.86 | 3.46 | 51.75 | 9.14 | -20.31 | 33.33 | -23.28 | 10.44 | 14.98 | 24.32 | 697.38 | 0.35 | -90.84 | 0.29 | 2800.0 | 21.78 | 17.48 | 3.26 | 1.24 | 0 | 0 | 3.47 | 688.64 | 6.73 | 18.69 | -0.14 | 0 | 3.33 | -21.65 | 0.01 | 16.48 |
| 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) | 12.38 | -2.67 | -15.03 | 12.82 | 0.0 | -5.18 | 0 | 0 | 0 | 0 | 0 | 0 | 4.89 | -15.4 | -38.95 | 1.36 | -62.64 | 466.67 | 3.86 | -21.86 | -43.4 | 16.97 | -11.14 | -32.85 | 7.21 | 3.15 | 0.84 | 18.59 | 1.03 | -9.8 | 5.0 | 0.0 | 0.0 | 1.69 | 1.2 | -1.74 | 30.15 | 0.0 | -1.02 | 2.21 | 0.0 | 0.0 | 8.94 | 0.0 | 5.8 | 7.22 | 23.21 | 122.15 | 18.36 | 8.0 | 32.09 | -2.35 | 14.86 | 71.86 | 4.87 | 57.1 | 195.49 | 0.01 | -3.4 | 0.9 |
| 24Q2 (19) | 12.72 | -7.89 | -7.02 | 12.82 | -3.75 | 0.79 | 0 | 0 | 0 | 0 | 0 | 0 | 5.78 | -2.86 | -0.34 | 3.64 | 60.35 | 9000.0 | 4.94 | -19.41 | 4.0 | 19.10 | -19.35 | 2.87 | 6.99 | 11.84 | -3.19 | 18.4 | -2.75 | -13.33 | 5.0 | 0.0 | 0.0 | 1.67 | 0.0 | -4.57 | 30.15 | 0.0 | -1.02 | 2.21 | 0.0 | 0.0 | 8.94 | 5.8 | 5.8 | 5.86 | 96.64 | 95.33 | 17.0 | 24.63 | 24.45 | -2.76 | 59.65 | 67.14 | 3.1 | 180.31 | 157.41 | 0.01 | -19.77 | 10.3 |
| 24Q1 (18) | 13.81 | 7.72 | 35.66 | 13.32 | 10.82 | 4.72 | 0 | 0 | 0 | 0 | 0 | 0 | 5.95 | -2.78 | 7.01 | 2.27 | 214.07 | 6.57 | 6.13 | -12.3 | 26.39 | 23.69 | -13.62 | 29.71 | 6.25 | -3.7 | -20.89 | 18.92 | 10.51 | -19.46 | 5.0 | 0.0 | 0.0 | 1.67 | -0.6 | -4.57 | 30.15 | 0.0 | 1.82 | 2.21 | 0.0 | 16.93 | 8.45 | 0.0 | 0.24 | 2.98 | 292.11 | -43.67 | 13.64 | 19.54 | -12.62 | -6.84 | 23.49 | 25.33 | -3.86 | 52.81 | 0.26 | 0.02 | 15.58 | 54.31 |
| 23Q4 (17) | 12.82 | -12.01 | 5.0 | 12.02 | -11.09 | -15.71 | 0 | 0 | 0 | 0 | 0 | 0 | 6.12 | -23.6 | -19.58 | -1.99 | -929.17 | -449.12 | 6.99 | 2.49 | 30.17 | 27.42 | 8.48 | 38.64 | 6.49 | -9.23 | -26.83 | 17.12 | -16.93 | -27.82 | 5.0 | 0.0 | 0.0 | 1.68 | -2.33 | -5.62 | 30.15 | -1.02 | 1.82 | 2.21 | 0.0 | 16.93 | 8.45 | 0.0 | 0.24 | 0.76 | -76.62 | -76.1 | 11.41 | -17.91 | -15.48 | -8.94 | -7.07 | 5.89 | -8.18 | -60.39 | -29.43 | 0.01 | 12.65 | 32.27 |
| 23Q3 (16) | 14.57 | 6.51 | 24.0 | 13.52 | 6.29 | -11.58 | 0 | 0 | 0 | 0 | 0 | 0 | 8.01 | 38.1 | 21.18 | 0.24 | 500.0 | -67.57 | 6.82 | 43.58 | 14.81 | 25.28 | 36.13 | 16.3 | 7.15 | -0.97 | -28.0 | 20.61 | -2.92 | 2.33 | 5.0 | 0.0 | 0.0 | 1.72 | -1.71 | -1.71 | 30.46 | 0.0 | 2.87 | 2.21 | 0.0 | 16.93 | 8.45 | 0.0 | 0.24 | 3.25 | 8.33 | 25.97 | 13.9 | 1.76 | 7.75 | -8.35 | 0.6 | 10.89 | -5.1 | 5.56 | 24.89 | 0.01 | 5.59 | 18.99 |
| 23Q2 (15) | 13.68 | 34.38 | 28.69 | 12.72 | 0.0 | -17.4 | 0 | 0 | 0 | 0 | 0 | 0 | 5.8 | 4.32 | -14.45 | 0.04 | -98.12 | -96.08 | 4.75 | -2.06 | -14.72 | 18.57 | 1.69 | -8.79 | 7.22 | -8.61 | -31.76 | 21.23 | -9.62 | 8.43 | 5.0 | 0.0 | 0.0 | 1.75 | 0.0 | -1.13 | 30.46 | 2.87 | 2.87 | 2.21 | 16.93 | 16.93 | 8.45 | 0.24 | 0.24 | 3.0 | -43.29 | 62.16 | 13.66 | -12.49 | 12.34 | -8.4 | 8.3 | 21.27 | -5.4 | -39.53 | 38.78 | 0.01 | 12.24 | 22.22 |
| 23Q1 (14) | 10.18 | -16.63 | -10.86 | 12.72 | -10.8 | -24.51 | 0 | 0 | 0 | 0 | 0 | 0 | 5.56 | -26.94 | -9.59 | 2.13 | 273.68 | 166.25 | 4.85 | -9.68 | -9.18 | 18.26 | -7.68 | -9.48 | 7.9 | -10.94 | -29.46 | 23.49 | -0.97 | 33.39 | 5.0 | 0.0 | 0.0 | 1.75 | -1.69 | -5.41 | 29.61 | 0.0 | 6.7 | 1.89 | 0.0 | 8.62 | 8.43 | 0.0 | 10.2 | 5.29 | 66.35 | 131.0 | 15.61 | 15.63 | 33.65 | -9.16 | 3.58 | 14.95 | -3.87 | 38.77 | 54.36 | 0.01 | -0.93 | 30.13 |
| 22Q4 (13) | 12.21 | 3.91 | -9.56 | 14.26 | -6.74 | -12.3 | 0 | 0 | 0 | 0 | 0 | 0 | 7.61 | 15.13 | -2.31 | 0.57 | -22.97 | -48.65 | 5.37 | -9.6 | -8.36 | 19.78 | -9.0 | -13.8 | 8.87 | -10.67 | -7.22 | 23.72 | 17.78 | 40.69 | 5.0 | 0.0 | 0.0 | 1.78 | 1.71 | -4.81 | 29.61 | 0.0 | 6.7 | 1.89 | 0.0 | 8.62 | 8.43 | 0.0 | 10.2 | 3.18 | 23.26 | 114.86 | 13.5 | 4.65 | 24.2 | -9.5 | -1.39 | 21.68 | -6.32 | 6.92 | 40.66 | 0.01 | 1.34 | 32.33 |
| 22Q3 (12) | 11.75 | 10.54 | -23.0 | 15.29 | -0.71 | -11.16 | 0 | 0 | 0 | 0 | 0 | 0 | 6.61 | -2.51 | -0.45 | 0.74 | -27.45 | 54.17 | 5.94 | 6.64 | 2.41 | 21.73 | 6.76 | -12.09 | 9.93 | -6.14 | 15.73 | 20.14 | 2.86 | 11.89 | 5.0 | 0.0 | 0.0 | 1.75 | -1.13 | -10.71 | 29.61 | 0.0 | 6.7 | 1.89 | 0.0 | 8.62 | 8.43 | 0.0 | 10.2 | 2.58 | 39.46 | 681.82 | 12.9 | 6.09 | 32.72 | -9.37 | 12.18 | 23.07 | -6.79 | 23.02 | 42.7 | 0.01 | 8.46 | 31.1 |
| 22Q2 (11) | 10.63 | -6.92 | -26.49 | 15.4 | -8.61 | -5.29 | 0 | 0 | 0 | 0 | 0 | 0 | 6.78 | 10.24 | 15.11 | 1.02 | 27.5 | 684.62 | 5.57 | 4.31 | 9.22 | 20.36 | 0.91 | -8.95 | 10.58 | -5.54 | 43.75 | 19.58 | 11.19 | 8.36 | 5.0 | 0.0 | 0.0 | 1.77 | -4.32 | -14.9 | 29.61 | 6.7 | 6.7 | 1.89 | 8.62 | -51.04 | 8.43 | 10.2 | 10.2 | 1.85 | -19.21 | 181.86 | 12.16 | 4.11 | 31.6 | -10.67 | 0.93 | 11.53 | -8.82 | -4.01 | 38.41 | 0.01 | 19.51 | 19.53 |
| 22Q1 (10) | 11.42 | -15.41 | -25.7 | 16.85 | 3.63 | 0.36 | 0 | 0 | -100.0 | 0 | 0 | 0 | 6.15 | -21.05 | 17.82 | 0.8 | -27.93 | 407.69 | 5.34 | -8.87 | 3.49 | 20.17 | -12.08 | -12.07 | 11.2 | 17.15 | 70.99 | 17.61 | 4.45 | -5.02 | 5.0 | 0.0 | 0 | 1.85 | -1.07 | -15.14 | 27.75 | 0.0 | 0.0 | 1.74 | 0.0 | -54.92 | 7.65 | 0.0 | 0.0 | 2.29 | 54.73 | 196.62 | 11.68 | 7.45 | 27.93 | -10.77 | 11.21 | 5.69 | -8.48 | 20.38 | 38.51 | 0.01 | 0.74 | 1.52 |
| 21Q4 (9) | 13.5 | -11.53 | -10.83 | 16.26 | -5.52 | 1.82 | 0 | 0 | -100.0 | 0 | 0 | 0 | 7.79 | 17.32 | 36.43 | 1.11 | 131.25 | 840.0 | 5.86 | 1.03 | 8.12 | 22.94 | -7.19 | -5.05 | 9.56 | 11.42 | 41.84 | 16.86 | -6.33 | -9.69 | 5.0 | 0.0 | 0 | 1.87 | -4.59 | -20.43 | 27.75 | 0.0 | 0.0 | 1.74 | 0.0 | -54.92 | 7.65 | 0.0 | 0.0 | 1.48 | 348.48 | 169.81 | 10.87 | 11.83 | 15.76 | -12.13 | 0.41 | -6.87 | -10.65 | 10.13 | 20.94 | 0.01 | 0.4 | -11.36 |
| 21Q3 (8) | 15.26 | 5.53 | -8.4 | 17.21 | 5.84 | 9.2 | 0 | 0 | -100.0 | 0 | 0 | 0 | 6.64 | 12.73 | 10.85 | 0.48 | 269.23 | 442.86 | 5.8 | 13.73 | 1.05 | 24.72 | 10.57 | 4.96 | 8.58 | 16.58 | 9.72 | 18.0 | -0.39 | 13.92 | 5.0 | 0.0 | 0 | 1.96 | -5.77 | -17.3 | 27.75 | 0.0 | 0.0 | 1.74 | -54.92 | -54.92 | 7.65 | 0.0 | 0.0 | 0.33 | 114.6 | 163.46 | 9.72 | 5.19 | -11.56 | -12.18 | -1.0 | 15.48 | -11.85 | 17.25 | 20.63 | 0.01 | -1.11 | -41.43 |
| 21Q2 (7) | 14.46 | -5.92 | -12.84 | 16.26 | -3.16 | 0.49 | 0 | -100.0 | 0 | 0 | 0 | 0 | 5.89 | 12.84 | 5.75 | 0.13 | 150.0 | 244.44 | 5.1 | -1.16 | -11.15 | 22.36 | -2.55 | 0 | 7.36 | 12.37 | -19.83 | 18.07 | -2.54 | 11.68 | 5.0 | 0 | 0 | 2.08 | -4.59 | -9.96 | 27.75 | 0.0 | 0.0 | 3.86 | 0.0 | 0.0 | 7.65 | 0.0 | 0.0 | -2.26 | 4.64 | -494.74 | 9.24 | 1.2 | -16.98 | -12.06 | -5.6 | 15.13 | -14.32 | -3.84 | 1.85 | 0.01 | 1.51 | -53.44 |
| 21Q1 (6) | 15.37 | 1.52 | -25.64 | 16.79 | 5.13 | -7.8 | 5.45 | -13.63 | 445.0 | 0 | 0 | 0 | 5.22 | -8.58 | 1.16 | -0.26 | -73.33 | 16.13 | 5.16 | -4.8 | -5.49 | 22.94 | -5.05 | 0 | 6.55 | -2.82 | -26.73 | 18.54 | -0.7 | 7.6 | 0 | 0 | -100.0 | 2.18 | -7.23 | -9.92 | 27.75 | 0.0 | 7.06 | 3.86 | 0.0 | 7.22 | 7.65 | 0.0 | 41.67 | -2.37 | -11.79 | -182.58 | 9.13 | -2.77 | -23.08 | -11.42 | -0.62 | 19.06 | -13.79 | -2.38 | -22.69 | 0.01 | -12.04 | -61.2 |
| 20Q4 (5) | 15.14 | -9.12 | 6.25 | 15.97 | 1.33 | 52.24 | 6.31 | 0.32 | 2424.0 | 0 | 0 | 0 | 5.71 | -4.67 | -25.36 | -0.15 | -7.14 | -183.33 | 5.42 | -5.57 | -16.62 | 24.16 | 2.59 | 0 | 6.74 | -13.81 | -21.26 | 18.67 | 18.16 | 5.6 | 0 | 0 | -100.0 | 2.35 | -0.84 | -5.24 | 27.75 | 0.0 | 7.06 | 3.86 | 0.0 | 7.22 | 7.65 | 0.0 | 41.67 | -2.12 | -307.69 | -166.67 | 9.39 | -14.56 | -22.84 | -11.35 | 21.24 | 15.04 | -13.47 | 9.78 | -32.32 | 0.01 | -33.66 | -54.25 |
| 20Q3 (4) | 16.66 | 0.42 | 0.0 | 15.76 | -2.6 | 0.0 | 6.29 | 0 | 0.0 | 0 | 0 | 0.0 | 5.99 | 7.54 | 0.0 | -0.14 | -55.56 | 0.0 | 5.74 | 0.0 | 0.0 | 23.55 | 0 | 0.0 | 7.82 | -14.81 | 0.0 | 15.8 | -2.35 | 0.0 | 0 | 0 | 0.0 | 2.37 | 2.6 | 0.0 | 27.75 | 0.0 | 0.0 | 3.86 | 0.0 | 0.0 | 7.65 | 0.0 | 0.0 | -0.52 | -36.84 | 0.0 | 10.99 | -1.26 | 0.0 | -14.41 | -1.41 | 0.0 | -14.93 | -2.33 | 0.0 | 0.01 | -21.38 | 0.0 |
