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) | 1.97 | 97.0 | 1.0 | -56.33 | 0.26 | -16.13 | 0 | 0 | 8.88 | -23.38 | 1.09 | 91.23 | 1.7 | -27.04 | 19.14 | -4.77 | 0.8 | -63.64 | 0 | 0 | 0.64 | -15.79 | 0.61 | -29.89 | 6.95 | 0.0 | 0.01 | 0.0 | 0.03 | 0.0 | -1.6 | 0 | -1.55 | 0 | 0 | 0 | -1.6 | 0 | 0.02 | -24.91 |
| 2022 (9) | 1.0 | 1.01 | 2.29 | -45.48 | 0.31 | 29.17 | 0 | 0 | 11.59 | 36.03 | 0.57 | 0 | 2.33 | 32.39 | 20.10 | -2.68 | 2.2 | -14.06 | 0 | 0 | 0.76 | 33.33 | 0.87 | 16.0 | 6.95 | 0.0 | 0.01 | 0.0 | 0.03 | 0.0 | -2.74 | 0 | -2.7 | 0 | -0.23 | 0 | -2.97 | 0 | 0.03 | -33.41 |
| 2021 (8) | 0.99 | -36.13 | 4.2 | 23.89 | 0.24 | 4.35 | 0 | 0 | 8.52 | -16.63 | -0.58 | 0 | 1.76 | -13.73 | 20.66 | 3.49 | 2.56 | 13.78 | 1.16 | -15.94 | 0.57 | 18.75 | 0.75 | 158.62 | 6.95 | 0.0 | 0.01 | 0.0 | 0.03 | 0.0 | -3.34 | 0 | -3.29 | 0 | -0.06 | 0 | -3.4 | 0 | 0.04 | 189.33 |
| 2020 (7) | 1.55 | -0.64 | 3.39 | -20.05 | 0.23 | -86.23 | 0 | 0 | 10.22 | -50.1 | -1.71 | 0 | 2.04 | -40.7 | 19.96 | 18.84 | 2.25 | -26.23 | 1.38 | -37.84 | 0.48 | 336.36 | 0.29 | 0.0 | 6.95 | 3.58 | 0.01 | 0.0 | 0.03 | 0.0 | -3.21 | 0 | -3.17 | 0 | -0.04 | 0 | -3.25 | 0 | 0.01 | -24.79 |
| 2019 (6) | 1.56 | -17.89 | 4.24 | 35.9 | 1.67 | 16600.0 | 0 | 0 | 20.48 | -23.7 | -2.5 | 0 | 3.44 | -33.46 | 16.80 | -12.8 | 3.05 | 116.31 | 2.22 | -0.45 | 0.11 | -93.68 | 0.29 | -83.04 | 6.71 | 0.0 | 0.01 | 0.0 | 0.03 | 0.0 | -2.78 | 0 | -2.73 | 0 | -0.02 | 0 | -2.8 | 0 | 0.02 | -57.82 |
| 2018 (5) | 1.9 | -45.24 | 3.12 | -16.8 | 0.01 | -99.61 | 0 | 0 | 26.84 | -5.56 | -0.28 | 0 | 5.17 | -7.84 | 19.26 | -2.42 | 1.41 | 116.92 | 2.23 | -0.45 | 1.74 | 2.35 | 1.71 | 0.0 | 6.71 | 24.49 | 0.01 | 0 | 0.03 | 0.0 | -0.23 | 0 | -0.18 | 0 | 0 | 0 | -0.23 | 0 | 0.04 | -40.75 |
| 2017 (4) | 3.47 | 24.37 | 3.75 | 0 | 2.54 | 0 | 0 | 0 | 28.42 | -3.82 | 0.13 | -51.85 | 5.61 | 21.96 | 19.74 | 26.81 | 0.65 | 96.97 | 2.24 | 80.65 | 1.7 | -30.89 | 1.71 | 0 | 5.39 | 0.0 | 0 | 0 | 0.03 | 0.0 | 0.12 | 0 | 0.15 | 0 | -0.03 | 0 | 0.09 | 0 | 0.07 | 171.22 |
| 2016 (3) | 2.79 | -25.99 | 0 | 0 | 0 | 0 | 0 | 0 | 29.55 | 32.87 | 0.27 | 0 | 4.6 | -17.86 | 15.57 | -38.18 | 0.33 | -63.74 | 1.24 | 47.62 | 2.46 | 1.23 | 0 | 0 | 5.39 | 0.0 | 0 | 0 | 0.03 | 0.0 | -0.47 | 0 | -0.44 | 0 | 0.02 | -33.33 | -0.45 | 0 | 0.03 | -18.79 |
| 2015 (2) | 3.77 | 1613.64 | 3.65 | -15.7 | 0 | 0 | 0 | 0 | 22.24 | 4.51 | -0.26 | 0 | 5.6 | -38.6 | 25.18 | -41.25 | 0.91 | 2933.33 | 0.84 | 265.22 | 2.43 | 0 | 0 | 0 | 5.39 | 0.0 | 0 | 0 | 0.03 | 0.0 | -0.72 | 0 | -0.69 | 0 | 0.03 | 50.0 | -0.69 | 0 | 0.03 | 30.9 |
| 2014 (1) | 0.22 | -67.16 | 4.33 | 24.78 | 0 | 0 | 0 | 0 | 21.28 | -41.84 | 0.16 | -27.27 | 9.12 | 7.8 | 42.86 | 85.36 | 0.03 | -97.35 | 0.23 | 0.0 | 0 | 0 | 0 | 0 | 5.39 | 0.0 | 0 | 0 | 0.03 | 0.0 | -0.39 | 0 | -0.36 | 0 | 0.02 | 0 | -0.37 | 0 | 0.03 | 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) | 2.16 | -14.62 | 390.91 | 0.05 | 0 | -96.09 | 0.51 | 70.0 | 168.42 | 0 | 0 | 0 | 1.31 | 3.97 | -16.03 | 0.37 | 331.25 | 305.56 | 0.88 | 0.0 | -46.34 | 12.29 | 3.49 | -23.18 | 1.01 | -1.94 | -64.69 | 0.14 | 0 | 0 | 1.69 | 172.58 | 113.92 | 0.59 | 7.27 | -26.25 | 6.95 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | -1.58 | 19.39 | 51.38 | -1.54 | 19.37 | 52.02 | 0 | 0 | 100.0 | -1.58 | 19.39 | 53.67 | 0.02 | -6.33 | -3.88 |
| 24Q2 (19) | 2.53 | -8.33 | 343.86 | 0 | -100.0 | -100.0 | 0.3 | 11.11 | 15.38 | 0 | 0 | 0 | 1.26 | -17.65 | -10.0 | -0.16 | 15.79 | -176.19 | 0.88 | -22.12 | -52.94 | 11.88 | -20.65 | -28.17 | 1.03 | -21.97 | -53.18 | 0 | 0 | 0 | 0.62 | -13.89 | -6.06 | 0.55 | -5.17 | -22.54 | 6.95 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | -1.96 | -9.5 | 36.16 | -1.91 | -9.14 | 36.75 | 0 | 0 | 100.0 | -1.96 | -9.5 | 40.06 | 0.03 | 3.09 | -3.88 |
| 24Q1 (18) | 2.76 | 40.1 | 1154.55 | 0.75 | -25.0 | -63.41 | 0.27 | 3.85 | -10.0 | 0 | 0 | 0 | 1.53 | -50.0 | -46.5 | -0.19 | -111.87 | 64.15 | 1.13 | -33.53 | -44.88 | 14.97 | -21.82 | -13.48 | 1.32 | 65.0 | -46.34 | 0 | 0 | 0 | 0.72 | 12.5 | 2.86 | 0.58 | -4.92 | -26.58 | 6.95 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | -1.79 | -11.88 | 45.43 | -1.75 | -12.9 | 45.82 | 0 | 0 | 100.0 | -1.79 | -11.88 | 49.15 | 0.02 | 21.72 | -3.43 |
| 23Q4 (17) | 1.97 | 347.73 | 97.0 | 1.0 | -21.88 | -56.33 | 0.26 | 36.84 | -16.13 | 0 | 0 | 0 | 3.06 | 96.15 | -30.93 | 1.6 | 988.89 | 201.89 | 1.7 | 3.66 | -27.04 | 19.14 | 19.65 | -4.85 | 0.8 | -72.03 | -63.64 | 0 | 0 | 0 | 0.64 | -18.99 | -15.79 | 0.61 | -23.75 | -29.89 | 6.95 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | -1.6 | 50.77 | 41.61 | -1.55 | 51.71 | 42.59 | 0 | 100.0 | 100.0 | -1.6 | 53.08 | 46.13 | 0.02 | -18.22 | -24.91 |
| 23Q3 (16) | 0.44 | -22.81 | -56.86 | 1.28 | -9.86 | -70.78 | 0.19 | -26.92 | -32.14 | 0 | 0 | 0 | 1.56 | 11.43 | -40.46 | -0.18 | -185.71 | 50.0 | 1.64 | -12.3 | -6.29 | 16.00 | -3.23 | -8.75 | 2.86 | 30.0 | -25.71 | 0 | 0 | 0 | 0.79 | 19.7 | 9.72 | 0.8 | 12.68 | 23.08 | 6.95 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | -3.25 | -5.86 | 1.22 | -3.21 | -6.29 | 0.93 | -0.16 | 20.0 | -900.0 | -3.41 | -4.28 | -4.28 | 0.02 | -6.33 | -14.62 |
| 23Q2 (15) | 0.57 | 159.09 | -63.69 | 1.42 | -30.73 | -66.03 | 0.26 | -13.33 | -7.14 | 0 | 0 | 0 | 1.4 | -51.05 | -27.84 | 0.21 | 139.62 | 275.0 | 1.87 | -8.78 | 41.67 | 16.53 | -4.43 | 13.11 | 2.2 | -10.57 | -34.52 | 0 | 0 | 0 | 0.66 | -5.71 | 20.0 | 0.71 | -10.13 | 4.41 | 6.95 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | -3.07 | 6.4 | -4.78 | -3.02 | 6.5 | -4.86 | -0.2 | 16.67 | -900.0 | -3.27 | 7.1 | -10.85 | 0.03 | 3.57 | -9.27 |
| 23Q1 (14) | 0.22 | -78.0 | -84.93 | 2.05 | -10.48 | -53.3 | 0.3 | -3.23 | 7.14 | 0 | 0 | 0 | 2.86 | -35.44 | 10.42 | -0.53 | -200.0 | -200.0 | 2.05 | -12.02 | 15.82 | 17.30 | -14.02 | -11.55 | 2.46 | 11.82 | -15.46 | 0 | 0 | 0 | 0.7 | -7.89 | 52.17 | 0.79 | -9.2 | 11.27 | 6.95 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | -3.28 | -19.71 | -17.14 | -3.23 | -19.63 | -17.03 | -0.24 | -4.35 | -500.0 | -3.52 | -18.52 | -23.94 | 0.03 | -5.35 | -27.56 |
| 22Q4 (13) | 1.0 | -1.96 | 1.01 | 2.29 | -47.72 | -45.48 | 0.31 | 10.71 | 29.17 | 0 | 0 | 0 | 4.43 | 69.08 | 56.54 | 0.53 | 247.22 | 352.38 | 2.33 | 33.14 | 32.39 | 20.12 | 14.75 | -2.6 | 2.2 | -42.86 | -14.06 | 0 | 0 | -100.0 | 0.76 | 5.56 | 33.33 | 0.87 | 33.85 | 16.0 | 6.95 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | -2.74 | 16.72 | 17.96 | -2.7 | 16.67 | 17.93 | -0.23 | -1250.0 | -283.33 | -2.97 | 9.17 | 12.65 | 0.03 | -7.02 | -33.41 |
| 22Q3 (12) | 1.02 | -35.03 | 15.91 | 4.38 | 4.78 | 8.15 | 0.28 | 0.0 | 21.74 | 0 | 0 | 0 | 2.62 | 35.05 | 56.89 | -0.36 | -200.0 | -38.46 | 1.75 | 32.58 | 53.51 | 17.54 | 19.96 | 31.05 | 3.85 | 14.58 | 17.02 | 0 | 0 | -100.0 | 0.72 | 30.91 | 35.85 | 0.65 | -4.41 | 124.14 | 6.95 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | -3.29 | -12.29 | -4.78 | -3.24 | -12.5 | -4.52 | 0.02 | 200.0 | 140.0 | -3.27 | -10.85 | -2.51 | 0.03 | -0.46 | -24.57 |
| 22Q2 (11) | 1.57 | 7.53 | 23.62 | 4.18 | -4.78 | 7.18 | 0.28 | 0.0 | 27.27 | 0 | 0 | 0 | 1.94 | -25.1 | -1.02 | -0.12 | -122.64 | -71.43 | 1.32 | -25.42 | 5.6 | 14.62 | -25.26 | 13.55 | 3.36 | 15.46 | 4.35 | 0 | 0 | -100.0 | 0.55 | 19.57 | -6.78 | 0.68 | -4.23 | 134.48 | 6.95 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | -2.93 | -4.64 | 14.33 | -2.88 | -4.35 | 14.54 | -0.02 | 50.0 | 60.0 | -2.95 | -3.87 | 14.99 | 0.03 | -17.31 | -32.21 |
| 22Q1 (10) | 1.46 | 47.47 | -15.61 | 4.39 | 4.52 | 29.5 | 0.28 | 16.67 | 33.33 | 0 | 0 | 0 | 2.59 | -8.48 | 25.73 | 0.53 | 352.38 | 1425.0 | 1.77 | 0.57 | 70.19 | 19.56 | -5.32 | 92.57 | 2.91 | 13.67 | -2.35 | 0 | -100.0 | -100.0 | 0.46 | -19.3 | -29.23 | 0.71 | -5.33 | 144.83 | 6.95 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | -2.8 | 16.17 | 14.11 | -2.76 | 16.11 | 14.02 | -0.04 | 33.33 | 0.0 | -2.84 | 16.47 | 13.94 | 0.03 | -12.99 | 113.79 |
| 21Q4 (9) | 0.99 | 12.5 | -36.13 | 4.2 | 3.7 | 23.89 | 0.24 | 4.35 | 4.35 | 0 | 0 | 0 | 2.83 | 69.46 | 0.0 | -0.21 | 19.23 | 58.82 | 1.76 | 54.39 | -13.73 | 20.66 | 54.39 | 3.49 | 2.56 | -22.19 | 13.78 | 1.16 | -15.33 | -15.94 | 0.57 | 7.55 | 18.75 | 0.75 | 158.62 | 158.62 | 6.95 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | -3.34 | -6.37 | -4.05 | -3.29 | -6.13 | -3.79 | -0.06 | -20.0 | -50.0 | -3.4 | -6.58 | -4.62 | 0.04 | 5.33 | 189.33 |
| 21Q3 (8) | 0.88 | -30.71 | -60.0 | 4.05 | 3.85 | 8.29 | 0.23 | 4.55 | -86.63 | 0 | 0 | 0 | 1.67 | -14.8 | -41.61 | -0.26 | -271.43 | -425.0 | 1.14 | -8.8 | -41.54 | 13.38 | 3.94 | -13.95 | 3.29 | 2.17 | 11.9 | 1.37 | -0.72 | 0.0 | 0.53 | -10.17 | 307.69 | 0.29 | 0.0 | 0.0 | 6.95 | 0.0 | 3.58 | 0.01 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | -3.14 | 8.19 | -15.87 | -3.1 | 8.01 | -16.54 | -0.05 | 0.0 | -66.67 | -3.19 | 8.07 | -16.42 | 0.04 | -10.55 | 99.37 |
| 21Q2 (7) | 1.27 | -26.59 | -2.31 | 3.9 | 15.04 | -10.55 | 0.22 | 4.76 | -86.98 | 0 | 0 | 0 | 1.96 | -4.85 | -21.29 | -0.07 | -75.0 | 86.0 | 1.25 | 20.19 | -11.97 | 12.87 | 26.75 | 0 | 3.22 | 8.05 | -21.84 | 1.38 | -0.72 | 527.27 | 0.59 | -9.23 | 637.5 | 0.29 | 0.0 | 0.0 | 6.95 | 0.0 | 3.58 | 0.01 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | -3.42 | -4.91 | -23.02 | -3.37 | -4.98 | -22.99 | -0.05 | -25.0 | -150.0 | -3.47 | -5.15 | -23.93 | 0.04 | 160.78 | 119.16 |
| 21Q1 (6) | 1.73 | 11.61 | 50.43 | 3.39 | 0.0 | -20.24 | 0.21 | -8.7 | -87.5 | 0 | 0 | 0 | 2.06 | -27.21 | 0.98 | -0.04 | 92.16 | 94.87 | 1.04 | -49.02 | -36.59 | 10.16 | -49.12 | 0 | 2.98 | 32.44 | -31.65 | 1.39 | 0.72 | -37.39 | 0.65 | 35.42 | 622.22 | 0.29 | 0.0 | 0.0 | 6.95 | 0.0 | 3.58 | 0.01 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | -3.26 | -1.56 | 8.17 | -3.21 | -1.26 | 8.55 | -0.04 | 0.0 | -300.0 | -3.3 | -1.54 | 7.3 | 0.02 | 17.75 | -15.71 |
| 20Q4 (5) | 1.55 | -29.55 | -0.64 | 3.39 | -9.36 | -20.05 | 0.23 | -86.63 | -86.23 | 0 | 0 | 0 | 2.83 | -1.05 | -45.05 | -0.51 | -737.5 | 75.83 | 2.04 | 4.62 | -40.7 | 19.96 | 28.36 | 0 | 2.25 | -23.47 | -26.23 | 1.38 | 0.73 | -37.84 | 0.48 | 269.23 | 336.36 | 0.29 | 0.0 | 0.0 | 6.95 | 3.58 | 3.58 | 0.01 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | -3.21 | -18.45 | -15.47 | -3.17 | -19.17 | -16.12 | -0.04 | -33.33 | -100.0 | -3.25 | -18.61 | -16.07 | 0.01 | -27.42 | -24.79 |
| 20Q3 (4) | 2.2 | 69.23 | 0.0 | 3.74 | -14.22 | 0.0 | 1.72 | 1.78 | 0.0 | 0 | 0 | 0.0 | 2.86 | 14.86 | 0.0 | 0.08 | 116.0 | 0.0 | 1.95 | 37.32 | 0.0 | 15.55 | 0 | 0.0 | 2.94 | -28.64 | 0.0 | 1.37 | 522.73 | 0.0 | 0.13 | 62.5 | 0.0 | 0.29 | 0.0 | 0.0 | 6.71 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | -2.71 | 2.52 | 0.0 | -2.66 | 2.92 | 0.0 | -0.03 | -50.0 | 0.0 | -2.74 | 2.14 | 0.0 | 0.02 | -1.67 | 0.0 |
