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) | 44.04 | 51.39 | 0 | 0 | 0 | 0 | 0 | 0 | 79.11 | -6.05 | 14.86 | -22.85 | 14.83 | 8.33 | 18.75 | 15.3 | 16.04 | -35.37 | 0.54 | -5.26 | 0 | 0 | 4.19 | 2.44 | 8.62 | 0.0 | 13.99 | 16.0 | 0 | 0 | 33.97 | 2.66 | 47.96 | 6.22 | 2.84 | 2740.0 | 36.81 | 10.91 | 0.13 | 35.47 |
| 2022 (9) | 29.09 | -15.88 | 0 | 0 | 0 | 0 | 0 | 0 | 84.2 | -10.57 | 19.26 | -11.73 | 13.69 | -36.09 | 16.26 | -28.54 | 24.82 | 18.36 | 0.57 | 1.79 | 0 | 0 | 4.09 | -4.22 | 8.62 | 0.0 | 12.06 | 22.06 | 0 | 0 | 33.09 | 12.63 | 45.15 | 13.79 | 0.1 | -90.57 | 33.19 | 9.03 | 0.10 | -12.53 |
| 2021 (8) | 34.58 | 19.82 | 6.4 | 12.08 | 0 | 0 | 0 | 0 | 94.15 | 27.09 | 21.82 | 107.81 | 21.42 | 27.73 | 22.75 | 0.5 | 20.97 | 95.8 | 0.56 | 100.0 | 0 | 0 | 4.27 | 0.95 | 8.62 | 0.0 | 9.88 | 11.76 | 0.42 | 0 | 29.38 | 70.62 | 39.68 | 52.32 | 1.06 | 0 | 30.44 | 81.19 | 0.11 | -9.96 |
| 2020 (7) | 28.86 | 8.7 | 5.71 | 11.74 | 0 | 0 | 0 | 0 | 74.08 | 30.58 | 10.5 | 40.0 | 16.77 | 17.11 | 22.64 | -10.32 | 10.71 | 18.6 | 0.28 | 0.0 | 0 | 0 | 4.23 | 1.2 | 8.62 | 0.0 | 8.84 | 9.27 | 0 | 0 | 17.22 | 24.78 | 26.05 | 18.03 | -0.42 | 0 | 16.8 | 21.39 | 0.12 | -15.93 |
| 2019 (6) | 26.55 | 210.53 | 5.11 | 18.84 | 0 | 0 | 0 | 0 | 56.73 | 27.03 | 7.5 | 58.23 | 14.32 | 16.9 | 25.24 | -7.97 | 9.03 | 18.82 | 0.28 | 0.0 | 0 | 0 | 4.18 | 6.36 | 8.62 | 0.0 | 8.09 | 6.31 | 0.18 | 5.88 | 13.8 | 17.55 | 22.07 | 13.06 | 0.04 | 300.0 | 13.84 | 17.79 | 0.15 | 0 |
| 2018 (5) | 8.55 | -60.87 | 4.3 | 20.45 | 0 | 0 | 0 | 0 | 44.66 | 13.41 | 4.74 | 49.53 | 12.25 | 0.57 | 27.43 | -11.32 | 7.6 | 11.6 | 0.28 | -3.45 | 0 | 0 | 3.93 | -2.72 | 8.62 | 0.0 | 7.61 | 4.25 | 0.17 | 6.25 | 11.74 | 13.76 | 19.52 | 9.79 | 0.01 | -50.0 | 11.75 | 13.64 | 0.00 | 0 |
| 2017 (4) | 21.85 | -2.19 | 3.57 | -34.85 | 0 | 0 | 0 | 0 | 39.38 | 7.13 | 3.17 | -20.75 | 12.18 | -12.31 | 30.93 | -18.15 | 6.81 | -2.85 | 0.29 | 0.0 | 0 | 0 | 4.04 | 1.51 | 8.62 | 0.0 | 7.3 | 5.8 | 0.16 | -81.4 | 10.32 | -7.94 | 17.78 | -6.27 | 0.02 | -87.5 | 10.34 | -9.06 | 0.00 | 0 |
| 2016 (3) | 22.34 | -12.7 | 5.48 | -1.79 | 0 | 0 | 0 | 0 | 36.76 | 5.85 | 4.0 | -7.83 | 13.89 | 51.31 | 37.79 | 42.95 | 7.01 | 31.27 | 0.29 | -9.38 | 0 | 0 | 3.98 | -0.25 | 8.62 | 0.0 | 6.9 | 6.81 | 0.86 | 855.56 | 11.21 | -12.35 | 18.97 | -1.91 | 0.16 | 0 | 11.37 | -6.34 | 0.00 | 0 |
| 2015 (2) | 25.59 | -4.09 | 5.58 | 25.96 | 0 | 0 | 0 | 0 | 34.73 | -11.9 | 4.34 | -28.62 | 9.18 | -1.08 | 26.43 | 12.28 | 5.34 | -5.49 | 0.32 | 0.0 | 0 | 0 | 3.99 | 2.05 | 8.62 | 0.0 | 6.46 | 10.24 | 0.09 | 350.0 | 12.79 | -4.41 | 19.34 | 0.36 | -0.65 | 0 | 12.14 | -9.87 | 0.00 | 0 |
| 2014 (1) | 26.68 | -0.34 | 4.43 | 2.31 | 0 | 0 | 0 | 0 | 39.42 | 1.15 | 6.08 | 11.97 | 9.28 | 10.08 | 23.54 | 8.83 | 5.65 | 21.77 | 0.32 | 3.23 | 0 | 0 | 3.91 | -2.98 | 8.62 | 0.0 | 5.86 | 10.36 | 0.02 | 0.0 | 13.38 | 19.15 | 19.27 | 16.36 | 0.09 | 12.5 | 13.47 | 19.1 | 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) | 39.47 | -24.57 | 20.19 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22.78 | 10.64 | 1.61 | 4.14 | 12.81 | -20.69 | 16.84 | 7.12 | -11.79 | 20.83 | 6.65 | -14.71 | 15.0 | -4.28 | -8.31 | 0.54 | 1.89 | -3.57 | 0 | 0 | 0 | 4.15 | -2.12 | -2.35 | 8.62 | 0.0 | 0.0 | 15.48 | 0.0 | 10.65 | 0 | 0 | 0 | 32.0 | 14.86 | 3.03 | 47.48 | 9.55 | 5.39 | 3.78 | 35.0 | 14.2 | 35.78 | 16.7 | 4.1 | 0.13 | -0.44 | 11.18 |
| 24Q2 (19) | 52.33 | 1.02 | 24.83 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20.59 | 6.19 | -1.15 | 3.67 | -2.91 | -12.62 | 15.72 | 3.49 | -11.69 | 19.53 | 3.8 | -19.22 | 15.67 | 11.06 | -12.9 | 0.53 | -1.85 | -1.85 | 0 | 0 | 0 | 4.24 | 3.92 | 2.91 | 8.62 | 0.0 | 0.0 | 15.48 | 10.65 | 10.65 | 0 | 0 | 0 | 27.86 | 8.49 | 7.82 | 43.34 | 9.25 | 8.81 | 2.8 | 26.13 | -24.32 | 30.66 | 9.89 | 3.79 | 0.13 | -4.9 | 2.17 |
| 24Q1 (18) | 51.8 | 17.62 | 50.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19.39 | 7.25 | 9.06 | 3.78 | 30.34 | 48.24 | 15.19 | 2.43 | -1.62 | 18.82 | 0.38 | -6.66 | 14.11 | -12.03 | -32.55 | 0.54 | 0.0 | -5.26 | 0 | 0 | 0 | 4.08 | -2.63 | 2.51 | 8.62 | 0.0 | 0.0 | 13.99 | 0.0 | 16.0 | 0 | 0 | 0 | 25.68 | -24.4 | 8.95 | 39.67 | -17.29 | 11.34 | 2.22 | -21.83 | 455.0 | 27.9 | -24.21 | 16.4 | 0.14 | 5.13 | 23.97 |
| 23Q4 (17) | 44.04 | 34.1 | 51.39 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18.08 | -19.36 | 5.55 | 2.9 | -44.44 | 90.79 | 14.83 | -22.32 | 8.33 | 18.75 | -23.25 | 15.3 | 16.04 | -1.96 | -35.37 | 0.54 | -3.57 | -5.26 | 0 | 0 | 0 | 4.19 | -1.41 | 2.44 | 8.62 | 0.0 | 0.0 | 13.99 | 0.0 | 16.0 | 0 | 0 | 0 | 33.97 | 9.37 | 2.66 | 47.96 | 6.46 | 6.22 | 2.84 | -14.2 | 2740.0 | 36.81 | 7.1 | 10.91 | 0.13 | 11.69 | 35.47 |
| 23Q3 (16) | 32.84 | -21.66 | 52.25 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22.42 | 7.63 | 25.46 | 5.22 | 24.29 | 17.3 | 19.09 | 7.25 | 13.77 | 24.42 | 1.0 | 31.6 | 16.36 | -9.06 | -43.53 | 0.56 | 3.7 | -3.45 | 0 | 0 | 0 | 4.25 | 3.16 | 1.92 | 8.62 | 0.0 | 0.0 | 13.99 | 0.0 | 16.0 | 0 | 0 | 0 | 31.06 | 20.2 | -1.58 | 45.05 | 13.11 | 3.25 | 3.31 | -10.54 | 1424.0 | 34.37 | 16.35 | 9.77 | 0.12 | -8.51 | 16.39 |
| 23Q2 (15) | 41.92 | 22.04 | 1.53 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 20.83 | 17.15 | -12.48 | 4.2 | 64.71 | -34.38 | 17.8 | 15.28 | -15.44 | 24.18 | 19.94 | 12.25 | 17.99 | -14.01 | -34.03 | 0.54 | -5.26 | -5.26 | 0 | 0 | 0 | 4.12 | 3.52 | -3.74 | 8.62 | 0.0 | 0.0 | 13.99 | 16.0 | 16.0 | 0 | 0 | 0 | 25.84 | 9.63 | -4.68 | 39.83 | 11.79 | 1.68 | 3.7 | 825.0 | 1750.0 | 29.54 | 23.24 | 8.17 | 0.13 | 15.39 | 19.74 |
| 23Q1 (14) | 34.35 | 18.08 | -8.11 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 17.78 | 3.79 | -30.0 | 2.55 | 67.76 | -62.94 | 15.44 | 12.78 | -35.64 | 20.16 | 24.01 | -17.88 | 20.92 | -15.71 | -8.61 | 0.57 | 0.0 | 0.0 | 0 | 0 | 0 | 3.98 | -2.69 | -4.78 | 8.62 | 0.0 | 0.0 | 12.06 | 0.0 | 22.06 | 0 | 0 | -100.0 | 23.57 | -28.77 | -35.0 | 35.63 | -21.09 | -23.48 | 0.4 | 300.0 | -58.33 | 23.97 | -27.78 | -35.6 | 0.11 | 14.88 | 8.68 |
| 22Q4 (13) | 29.09 | 34.86 | -15.88 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 17.13 | -4.14 | -26.61 | 1.52 | -65.84 | -73.88 | 13.69 | -18.41 | -36.09 | 16.26 | -12.4 | -28.54 | 24.82 | -14.33 | 18.36 | 0.57 | -1.72 | 1.79 | 0 | 0 | 0 | 4.09 | -1.92 | -4.22 | 8.62 | 0.0 | 0.0 | 12.06 | 0.0 | 22.06 | 0 | 0 | -100.0 | 33.09 | 4.85 | 12.63 | 45.15 | 3.48 | 13.79 | 0.1 | 140.0 | -90.57 | 33.19 | 6.0 | 9.03 | 0.10 | -4.03 | -12.53 |
| 22Q3 (12) | 21.57 | -47.76 | -35.55 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 17.87 | -24.92 | -29.0 | 4.45 | -30.47 | -34.27 | 16.78 | -20.29 | -21.04 | 18.56 | -13.85 | -20.67 | 28.97 | 6.23 | 76.54 | 0.58 | 1.75 | 107.14 | 0 | 0 | 0 | 4.17 | -2.57 | -4.14 | 8.62 | 0.0 | 0.0 | 12.06 | 0.0 | 22.06 | 0 | 0 | -100.0 | 31.56 | 16.41 | 33.96 | 43.63 | 11.39 | 28.85 | -0.25 | -225.0 | -129.41 | 31.31 | 14.65 | 28.27 | 0.10 | -5.88 | -14.05 |
| 22Q2 (11) | 41.29 | 10.46 | 9.78 | 2.97 | -49.4 | -53.88 | 0 | 0 | 0 | 0 | 0 | 0 | 23.8 | -6.3 | 0.0 | 6.4 | -6.98 | 22.14 | 21.05 | -12.26 | 5.09 | 21.54 | -12.26 | -7.17 | 27.27 | 19.13 | 111.89 | 0.57 | 0.0 | 103.57 | 0 | 0 | 0 | 4.28 | 2.39 | -0.47 | 8.62 | 0.0 | 0.0 | 12.06 | 22.06 | 36.43 | 0 | -100.0 | 0 | 27.11 | -25.23 | 2.53 | 39.17 | -15.87 | 11.03 | 0.2 | -79.17 | -73.33 | 27.31 | -26.63 | 0.44 | 0.11 | 4.73 | -2.22 |
| 22Q1 (10) | 37.38 | 8.1 | 19.62 | 5.87 | -8.28 | -10.79 | 0 | 0 | 0 | 0 | 0 | 0 | 25.4 | 8.83 | 16.3 | 6.88 | 18.21 | 72.43 | 23.99 | 12.0 | 30.38 | 24.55 | 7.92 | 6.35 | 22.89 | 9.16 | 100.44 | 0.57 | 1.79 | 103.57 | 0 | 0 | 0 | 4.18 | -2.11 | 0.72 | 8.62 | 0.0 | 0.0 | 9.88 | 0.0 | 11.76 | 0.42 | 0.0 | 0 | 36.26 | 23.42 | 70.96 | 46.56 | 17.34 | 54.99 | 0.96 | -9.43 | 0 | 37.22 | 22.27 | 75.48 | 0.10 | -7.54 | -13.9 |
| 21Q4 (9) | 34.58 | 3.32 | 19.82 | 6.4 | -4.76 | 12.08 | 0 | 0 | 0 | 0 | 0 | 0 | 23.34 | -7.27 | 16.58 | 5.82 | -14.03 | 110.11 | 21.42 | 0.8 | 27.73 | 22.75 | -2.75 | 0.5 | 20.97 | 27.79 | 95.8 | 0.56 | 100.0 | 100.0 | 0 | 0 | 0 | 4.27 | -1.84 | 0.95 | 8.62 | 0.0 | 0.0 | 9.88 | 0.0 | 11.76 | 0.42 | 0.0 | 0 | 29.38 | 24.7 | 70.62 | 39.68 | 17.19 | 52.32 | 1.06 | 24.71 | 352.38 | 30.44 | 24.7 | 81.19 | 0.11 | -5.7 | -9.96 |
| 21Q3 (8) | 33.47 | -11.01 | 30.33 | 6.72 | 4.35 | 71.87 | 0 | 0 | 0 | 0 | 0 | 0 | 25.17 | 5.76 | 21.89 | 6.77 | 29.2 | 122.7 | 21.25 | 6.09 | 31.82 | 23.40 | 0.81 | 1.78 | 16.41 | 27.51 | 66.09 | 0.28 | 0.0 | 0.0 | 0 | 0 | 0 | 4.35 | 1.16 | 2.35 | 8.62 | 0.0 | 0.0 | 9.88 | 11.76 | 11.76 | 0.42 | 0 | 0 | 23.56 | -10.89 | 62.04 | 33.86 | -4.02 | 44.82 | 0.85 | 13.33 | 707.14 | 24.41 | -10.22 | 69.51 | 0.12 | 7.08 | -6.9 |
| 21Q2 (7) | 37.61 | 20.35 | 22.95 | 6.44 | -2.13 | 35.86 | 0 | 0 | 0 | 0 | 0 | 0 | 23.8 | 8.97 | 38.45 | 5.24 | 31.33 | 123.93 | 20.03 | 8.86 | 35.16 | 23.21 | 0.52 | 0 | 12.87 | 12.7 | 27.05 | 0.28 | 0.0 | 3.7 | 0 | 0 | 0 | 4.3 | 3.61 | 0.94 | 8.62 | 0.0 | 0.0 | 8.84 | 0.0 | 0.0 | 0 | 0 | 0 | 26.44 | 24.66 | 129.91 | 35.28 | 17.44 | 73.45 | 0.75 | 0 | 635.71 | 27.19 | 28.19 | 139.35 | 0.11 | -7.78 | -26.02 |
| 21Q1 (6) | 31.25 | 8.28 | 13.31 | 6.58 | 15.24 | 55.56 | 0 | 0 | 0 | 0 | 0 | 0 | 21.84 | 9.09 | 34.65 | 3.99 | 44.04 | 70.51 | 18.4 | 9.72 | 29.67 | 23.09 | 1.98 | 0 | 11.42 | 6.63 | 26.05 | 0.28 | 0.0 | 3.7 | 0 | 0 | 0 | 4.15 | -1.89 | -2.58 | 8.62 | 0.0 | 0.0 | 8.84 | 0.0 | 9.27 | 0 | 0 | -100.0 | 21.21 | 23.17 | 31.41 | 30.04 | 15.32 | 23.06 | 0 | 100.0 | 100.0 | 21.21 | 26.25 | 32.81 | 0.12 | -3.3 | -12.14 |
| 20Q4 (5) | 28.86 | 12.38 | 8.7 | 5.71 | 46.04 | 11.74 | 0 | 0 | 0 | 0 | 0 | 0 | 20.02 | -3.05 | 24.58 | 2.77 | -8.88 | 47.34 | 16.77 | 4.03 | 17.11 | 22.64 | -1.51 | 0 | 10.71 | 8.4 | 18.6 | 0.28 | 0.0 | 0.0 | 0 | 0 | 0 | 4.23 | -0.47 | 1.2 | 8.62 | 0.0 | 0.0 | 8.84 | 0.0 | 9.27 | 0 | 0 | -100.0 | 17.22 | 18.43 | 24.78 | 26.05 | 11.42 | 18.03 | -0.42 | -200.0 | -1150.0 | 16.8 | 16.67 | 21.39 | 0.12 | -2.5 | -15.93 |
| 20Q3 (4) | 25.68 | -16.05 | 0.0 | 3.91 | -17.51 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 20.65 | 20.13 | 0.0 | 3.04 | 29.91 | 0.0 | 16.12 | 8.77 | 0.0 | 22.99 | 0 | 0.0 | 9.88 | -2.47 | 0.0 | 0.28 | 3.7 | 0.0 | 0 | 0 | 0.0 | 4.25 | -0.23 | 0.0 | 8.62 | 0.0 | 0.0 | 8.84 | 0.0 | 0.0 | 0 | 0 | 0.0 | 14.54 | 26.43 | 0.0 | 23.38 | 14.95 | 0.0 | -0.14 | 0.0 | 0.0 | 14.4 | 26.76 | 0.0 | 0.13 | -14.91 | 0.0 |
