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) | 5.67 | 81.15 | 2.04 | 83.78 | 1.5 | 114.29 | 0 | 0 | 6.69 | -17.81 | -0.63 | 0 | 1.29 | -39.15 | 19.28 | -25.96 | 1.08 | -22.3 | 9.07 | -2.16 | 11.8 | 7.18 | 0 | 0 | 7.5 | 0.0 | 1.35 | 3.05 | 1.41 | 0.0 | 3.08 | -19.58 | 5.84 | -10.84 | 0.2 | 25.0 | 3.28 | -17.79 | 0.01 | 4.74 |
| 2022 (9) | 3.13 | -12.32 | 1.11 | 26.14 | 0.7 | -12.5 | 0 | 0 | 8.14 | -13.4 | 0.33 | 65.0 | 2.12 | 21.84 | 26.04 | 40.7 | 1.39 | 37.62 | 9.27 | 123.37 | 11.01 | 9.55 | 0 | 0 | 7.5 | 0.0 | 1.31 | 1.55 | 1.41 | 0.0 | 3.83 | 5.8 | 6.55 | 3.48 | 0.16 | 0 | 3.99 | 18.4 | 0.01 | -12.24 |
| 2021 (8) | 3.57 | 84.02 | 0.88 | 266.67 | 0.8 | 23.08 | 0 | 0 | 9.4 | 15.91 | 0.2 | 400.0 | 1.74 | -37.86 | 18.51 | -46.39 | 1.01 | 13.48 | 4.15 | 6.14 | 10.05 | 72.98 | 0 | 0 | 7.5 | 0.0 | 1.29 | 0.0 | 1.41 | 0.0 | 3.62 | 4.02 | 6.33 | 2.43 | -0.25 | 0 | 3.37 | 1.81 | 0.01 | 8.48 |
| 2020 (7) | 1.94 | 51.56 | 0.24 | 20.0 | 0.65 | -2.99 | 0 | 0 | 8.11 | 1.0 | 0.04 | -97.7 | 2.8 | 143.48 | 34.53 | 141.08 | 0.89 | -27.05 | 3.91 | -12.53 | 5.81 | 72.92 | 0 | 0 | 7.5 | 0.0 | 1.29 | 16.22 | 1.41 | 0.0 | 3.48 | -19.82 | 6.18 | -10.04 | -0.17 | 0 | 3.31 | -24.6 | 0.01 | 0 |
| 2019 (6) | 1.28 | -46.22 | 0.2 | -88.64 | 0.67 | 13.56 | 0 | 0 | 8.03 | -18.97 | 1.74 | 40.32 | 1.15 | -29.01 | 14.32 | -12.39 | 1.22 | 5.17 | 4.47 | -34.74 | 3.36 | -21.31 | 0.02 | -60.0 | 7.5 | 0.0 | 1.11 | 12.12 | 1.41 | 0.0 | 4.34 | 24.71 | 6.87 | 16.84 | 0.05 | 25.0 | 4.39 | 24.72 | 0.00 | 0 |
| 2018 (5) | 2.38 | -46.03 | 1.76 | -27.27 | 0.59 | 0 | 0 | 0 | 9.91 | -7.47 | 1.24 | -84.34 | 1.62 | -21.36 | 16.35 | -15.01 | 1.16 | 27.47 | 6.85 | 0.29 | 4.27 | 649.12 | 0.05 | -16.67 | 7.5 | 0.0 | 0.99 | 395.0 | 1.41 | 0.0 | 3.48 | -58.87 | 5.88 | -41.61 | 0.04 | 0 | 3.52 | -57.13 | 0.00 | 0 |
| 2017 (4) | 4.41 | -10.0 | 2.42 | 0 | 0 | 0 | 0 | 0 | 10.71 | 7.53 | 7.92 | 0 | 2.06 | 9.57 | 19.23 | 1.9 | 0.91 | 75.0 | 6.83 | 53.14 | 0.57 | -94.14 | 0.06 | -93.18 | 7.5 | -24.47 | 0.2 | 0.0 | 1.41 | 0.0 | 8.46 | 907.14 | 10.07 | 311.02 | -0.25 | 0 | 8.21 | 1182.81 | 0.00 | 0 |
| 2016 (3) | 4.9 | -33.96 | 0 | 0 | 0.54 | -23.94 | 0 | 0 | 9.96 | 3.32 | -0.21 | 0 | 1.88 | -23.89 | 18.88 | -26.33 | 0.52 | 33.33 | 4.46 | 5.44 | 9.72 | 79.67 | 0.88 | 2.33 | 9.93 | 0.0 | 0.2 | 66.67 | 1.41 | 0.0 | 0.84 | -53.85 | 2.45 | -26.87 | -0.2 | 0 | 0.64 | -72.05 | 0.05 | -74.03 |
| 2015 (2) | 7.42 | 14.86 | 2.4 | -45.08 | 0.71 | -4.05 | 0 | 0 | 9.64 | 27.85 | 0.78 | -35.54 | 2.47 | -17.94 | 25.62 | -35.82 | 0.39 | 44.44 | 4.23 | 20.51 | 5.41 | 41.62 | 0.86 | -1.15 | 9.93 | -11.81 | 0.12 | 0 | 1.41 | 0.0 | 1.82 | 52.94 | 3.35 | 28.85 | 0.47 | -37.33 | 2.29 | 18.04 | 0.19 | 5.49 |
| 2014 (1) | 6.46 | -5.69 | 4.37 | -63.55 | 0.74 | -79.5 | 0 | 0 | 7.54 | -86.89 | 1.21 | 0 | 3.01 | -78.62 | 39.92 | 63.03 | 0.27 | -81.25 | 3.51 | 10.73 | 3.82 | 1428.0 | 0.87 | 14.47 | 11.26 | -32.33 | 0 | 0 | 1.41 | 0.0 | 1.19 | 0 | 2.6 | 0 | 0.75 | 31.58 | 1.94 | 0 | 0.18 | -14.56 |
| 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) | 4.91 | 16.63 | 11.85 | 3.64 | 20.13 | 112.87 | 1.2 | -18.92 | 4.35 | 0 | 0 | 0 | 2.51 | 14.61 | 48.52 | -0.21 | -161.76 | -200.0 | 2.04 | 10.87 | 61.9 | 24.20 | 0.09 | 42.31 | 0.98 | -3.92 | -19.01 | 8.94 | 0.56 | -3.14 | 8.94 | -3.87 | -16.29 | 0 | 0 | 0 | 7.5 | 0.0 | 0.0 | 1.35 | 0.0 | 0.0 | 1.41 | 0.0 | 0.0 | 3.62 | -5.24 | 6.78 | 6.37 | -3.19 | 3.58 | 0.75 | 177.78 | 167.86 | 4.37 | 6.85 | 19.07 | 0.01 | -1.69 | -4.41 |
| 24Q2 (19) | 4.21 | 0.0 | -18.88 | 3.03 | 32.31 | 3.77 | 1.48 | -0.67 | -28.5 | 0 | 0 | 0 | 2.19 | -3.95 | 39.49 | 0.34 | -17.07 | 361.54 | 1.84 | 0.55 | 12.2 | 24.18 | -7.65 | 16.32 | 1.02 | 2.0 | -27.66 | 8.89 | 0.0 | -2.31 | 9.3 | -8.73 | -8.64 | 0 | 0 | 0 | 7.5 | 0.0 | 0.0 | 1.35 | 0.0 | 0.0 | 1.41 | 0.0 | 0.0 | 3.82 | 9.46 | 10.4 | 6.58 | 5.28 | 5.79 | 0.27 | -3.57 | 0 | 4.09 | 8.49 | 18.21 | 0.01 | -2.18 | -4.15 |
| 24Q1 (18) | 4.21 | -25.75 | 24.19 | 2.29 | 12.25 | 42.24 | 1.49 | -0.67 | 43.27 | 0 | 0 | 0 | 2.28 | 57.24 | 15.74 | 0.41 | 193.18 | 0 | 1.83 | 41.86 | -11.17 | 26.18 | 35.57 | 6.12 | 1.0 | -7.41 | -22.48 | 8.89 | -1.98 | -1.77 | 10.19 | -13.64 | -6.43 | 0 | 0 | 0 | 7.5 | 0.0 | 0.0 | 1.35 | 0.0 | 3.05 | 1.41 | 0.0 | 0.0 | 3.49 | 13.31 | -3.86 | 6.25 | 7.02 | -1.57 | 0.28 | 40.0 | 47.37 | 3.77 | 14.94 | -1.31 | 0.01 | -3.3 | 0.13 |
| 23Q4 (17) | 5.67 | 29.16 | 81.15 | 2.04 | 19.3 | 83.78 | 1.5 | 30.43 | 114.29 | 0 | 0 | 0 | 1.45 | -14.2 | -33.49 | -0.44 | -528.57 | -1000.0 | 1.29 | 2.38 | -39.15 | 19.31 | 13.57 | -25.94 | 1.08 | -10.74 | -22.3 | 9.07 | -1.73 | -2.16 | 11.8 | 10.49 | 7.18 | 0 | 0 | 0 | 7.5 | 0.0 | 0.0 | 1.35 | 0.0 | 3.05 | 1.41 | 0.0 | 0.0 | 3.08 | -9.14 | -19.58 | 5.84 | -5.04 | -10.84 | 0.2 | -28.57 | 25.0 | 3.28 | -10.63 | -17.79 | 0.01 | 2.79 | 4.74 |
| 23Q3 (16) | 4.39 | -15.41 | 50.86 | 1.71 | -41.44 | 18.75 | 1.15 | -44.44 | 85.48 | 0 | 0 | 0 | 1.69 | 7.64 | -22.12 | -0.07 | 46.15 | 63.16 | 1.26 | -23.17 | -49.6 | 17.00 | -18.19 | -47.36 | 1.21 | -14.18 | -9.7 | 9.23 | 1.43 | 5.01 | 10.68 | 4.91 | -3.96 | 0 | 0 | 0 | 7.5 | 0.0 | 0.0 | 1.35 | 0.0 | 3.05 | 1.41 | 0.0 | 0.0 | 3.39 | -2.02 | -12.18 | 6.15 | -1.13 | -6.68 | 0.28 | 0 | 833.33 | 3.67 | 6.07 | -5.66 | 0.01 | -1.42 | 1.22 |
| 23Q2 (15) | 5.19 | 53.1 | 106.77 | 2.92 | 81.37 | 107.09 | 2.07 | 99.04 | 276.36 | 0 | 0 | 0 | 1.57 | -20.3 | -22.66 | -0.13 | 0 | -125.0 | 1.64 | -20.39 | -41.22 | 20.79 | -15.75 | -42.63 | 1.41 | 9.3 | 16.53 | 9.1 | 0.55 | 4.96 | 10.18 | -6.52 | -8.45 | 0 | 0 | 0 | 7.5 | 0.0 | 0.0 | 1.35 | 3.05 | 3.05 | 1.41 | 0.0 | 0.0 | 3.46 | -4.68 | -14.57 | 6.22 | -2.05 | -8.26 | 0 | -100.0 | 100.0 | 3.46 | -9.42 | -13.72 | 0.01 | 2.2 | 3.58 |
| 23Q1 (14) | 3.39 | 8.31 | 33.46 | 1.61 | 45.05 | 59.41 | 1.04 | 48.57 | 73.33 | 0 | 0 | 0 | 1.97 | -9.63 | 12.57 | 0 | 100.0 | -100.0 | 2.06 | -2.83 | -2.37 | 24.67 | -5.39 | -4.01 | 1.29 | -7.19 | 19.44 | 9.05 | -2.37 | 4.38 | 10.89 | -1.09 | -3.54 | 0 | 0 | 0 | 7.5 | 0.0 | 0.0 | 1.31 | 0.0 | 1.55 | 1.41 | 0.0 | 0.0 | 3.63 | -5.22 | 2.25 | 6.35 | -3.05 | 1.44 | 0.19 | 18.75 | 90.0 | 3.82 | -4.26 | 4.66 | 0.01 | 1.14 | -9.44 |
| 22Q4 (13) | 3.13 | 7.56 | -12.32 | 1.11 | -22.92 | 26.14 | 0.7 | 12.9 | -12.5 | 0 | 0 | 0 | 2.18 | 0.46 | 21.79 | -0.04 | 78.95 | -100.0 | 2.12 | -15.2 | 21.84 | 26.08 | -19.27 | 40.87 | 1.39 | 3.73 | 37.62 | 9.27 | 5.46 | 123.37 | 11.01 | -0.99 | 9.55 | 0 | 0 | 0 | 7.5 | 0.0 | 0.0 | 1.31 | 0.0 | 1.55 | 1.41 | 0.0 | 0.0 | 3.83 | -0.78 | 5.8 | 6.55 | -0.61 | 3.48 | 0.16 | 433.33 | 164.0 | 3.99 | 2.57 | 18.4 | 0.01 | -0.67 | -12.24 |
| 22Q3 (12) | 2.91 | 15.94 | 17.34 | 1.44 | 2.13 | -24.61 | 0.62 | 12.73 | -21.52 | 0 | 0 | 0 | 2.17 | 6.9 | 1.88 | -0.19 | -136.54 | -1800.0 | 2.5 | -10.39 | 15.21 | 32.30 | -10.86 | 58.97 | 1.34 | 10.74 | 36.73 | 8.79 | 1.38 | 117.04 | 11.12 | 0.0 | 26.36 | 0 | 0 | 0 | 7.5 | 0.0 | 0.0 | 1.31 | 0.0 | 1.55 | 1.41 | 0.0 | 0.0 | 3.86 | -4.69 | 6.04 | 6.59 | -2.8 | 3.78 | 0.03 | 175.0 | 110.0 | 3.89 | -2.99 | 16.47 | 0.01 | 0.87 | -11.77 |
| 22Q2 (11) | 2.51 | -1.18 | 10.57 | 1.41 | 39.6 | 261.54 | 0.55 | -8.33 | -32.93 | 0 | 0 | 0 | 2.03 | 16.0 | -20.08 | 0.52 | 1200.0 | 766.67 | 2.79 | 32.23 | 24.55 | 36.23 | 40.99 | 83.11 | 1.21 | 12.04 | 35.96 | 8.67 | 0.0 | 131.82 | 11.12 | -1.51 | 72.14 | 0 | 0 | 0 | 7.5 | 0.0 | 0.0 | 1.31 | 1.55 | 1.55 | 1.41 | 0.0 | 0.0 | 4.05 | 14.08 | 10.66 | 6.78 | 8.31 | 6.6 | -0.04 | -140.0 | 94.29 | 4.01 | 9.86 | 35.47 | 0.01 | -10.65 | -7.24 |
| 22Q1 (10) | 2.54 | -28.85 | 2.42 | 1.01 | 14.77 | 339.13 | 0.6 | -25.0 | -6.25 | 0 | 0 | 0 | 1.75 | -2.23 | -40.48 | 0.04 | 300.0 | -76.47 | 2.11 | 21.26 | -13.52 | 25.70 | 38.84 | -0.25 | 1.08 | 6.93 | 22.73 | 8.67 | 108.92 | 140.83 | 11.29 | 12.34 | 78.08 | 0 | 0 | 0 | 7.5 | 0.0 | 0.0 | 1.29 | 0.0 | 0.0 | 1.41 | 0.0 | 0.0 | 3.55 | -1.93 | -1.39 | 6.26 | -1.11 | -0.63 | 0.1 | 140.0 | 123.81 | 3.65 | 8.31 | 14.78 | 0.01 | -1.98 | 5.45 |
| 21Q4 (9) | 3.57 | 43.95 | 84.02 | 0.88 | -53.93 | 266.67 | 0.8 | 1.27 | 23.08 | 0 | 0 | 0 | 1.79 | -15.96 | -41.69 | -0.02 | -100.0 | -105.71 | 1.74 | -19.82 | -37.86 | 18.51 | -8.9 | -46.39 | 1.01 | 3.06 | 13.48 | 4.15 | 2.47 | 6.14 | 10.05 | 14.2 | 72.98 | 0 | 0 | 0 | 7.5 | 0.0 | 0.0 | 1.29 | 0.0 | 0.0 | 1.41 | 0.0 | 0.0 | 3.62 | -0.55 | 4.02 | 6.33 | -0.31 | 2.43 | -0.25 | 16.67 | -47.06 | 3.37 | 0.9 | 1.81 | 0.01 | -0.14 | 8.48 |
| 21Q3 (8) | 2.48 | 9.25 | 34.78 | 1.91 | 389.74 | 558.62 | 0.79 | -3.66 | 23.44 | 0 | 0 | 0 | 2.13 | -16.14 | -23.1 | -0.01 | -116.67 | -103.85 | 2.17 | -3.12 | -9.58 | 20.32 | 2.68 | -45.65 | 0.98 | 10.11 | 8.89 | 4.05 | 8.29 | 14.08 | 8.8 | 36.22 | 51.72 | 0 | 0 | -100.0 | 7.5 | 0.0 | 0.0 | 1.29 | 0.0 | 0.0 | 1.41 | 0.0 | 0.0 | 3.64 | -0.55 | 16.67 | 6.35 | -0.16 | 9.11 | -0.3 | 57.14 | 43.4 | 3.34 | 12.84 | 28.96 | 0.01 | 6.05 | 13.49 |
| 21Q2 (7) | 2.27 | -8.47 | -12.69 | 0.39 | 69.57 | -22.0 | 0.82 | 28.12 | 26.15 | 0 | 0 | 0 | 2.54 | -13.61 | 268.12 | 0.06 | -64.71 | 115.0 | 2.24 | -8.2 | 154.55 | 19.79 | -23.2 | 0 | 0.89 | 1.14 | -17.59 | 3.74 | 3.89 | 11.98 | 6.46 | 1.89 | 25.44 | 0 | 0 | -100.0 | 7.5 | 0.0 | 0.0 | 1.29 | 0.0 | 0.0 | 1.41 | 0.0 | 0.0 | 3.66 | 1.67 | 28.42 | 6.36 | 0.95 | 14.59 | -0.7 | -66.67 | -112.12 | 2.96 | -6.92 | 17.46 | 0.01 | 1.57 | 6.46 |
| 21Q1 (6) | 2.48 | 27.84 | 62.09 | 0.23 | -4.17 | 15.0 | 0.64 | -1.54 | 0.0 | 0 | 0 | 0 | 2.94 | -4.23 | 86.08 | 0.17 | -51.43 | 200.0 | 2.44 | -12.86 | 112.17 | 25.77 | -25.37 | 0 | 0.88 | -1.12 | -16.98 | 3.6 | -7.93 | -7.93 | 6.34 | 9.12 | 57.32 | 0 | 0 | -100.0 | 7.5 | 0.0 | 0.0 | 1.29 | 0.0 | 16.22 | 1.41 | 0.0 | 0.0 | 3.6 | 3.45 | 4.96 | 6.3 | 1.94 | 5.88 | -0.42 | -147.06 | 26.32 | 3.18 | -3.93 | 11.19 | 0.01 | 0.85 | 0 |
| 20Q4 (5) | 1.94 | 5.43 | 51.56 | 0.24 | -17.24 | 20.0 | 0.65 | 1.56 | -2.99 | 0 | 0 | 0 | 3.07 | 10.83 | 122.46 | 0.35 | 34.62 | 600.0 | 2.8 | 16.67 | 143.48 | 34.53 | -7.64 | 0 | 0.89 | -1.11 | -27.05 | 3.91 | 10.14 | -12.53 | 5.81 | 0.17 | 72.92 | 0 | -100.0 | -100.0 | 7.5 | 0.0 | 0.0 | 1.29 | 0.0 | 16.22 | 1.41 | 0.0 | 0.0 | 3.48 | 11.54 | -19.82 | 6.18 | 6.19 | -10.04 | -0.17 | 67.92 | -440.0 | 3.31 | 27.8 | -24.6 | 0.01 | 4.47 | 0 |
| 20Q3 (4) | 1.84 | -29.23 | 0.0 | 0.29 | -42.0 | 0.0 | 0.64 | -1.54 | 0.0 | 0 | 0 | 0.0 | 2.77 | 301.45 | 0.0 | 0.26 | 165.0 | 0.0 | 2.4 | 172.73 | 0.0 | 37.38 | 0 | 0.0 | 0.9 | -16.67 | 0.0 | 3.55 | 6.29 | 0.0 | 5.8 | 12.62 | 0.0 | 0.01 | 0.0 | 0.0 | 7.5 | 0.0 | 0.0 | 1.29 | 0.0 | 0.0 | 1.41 | 0.0 | 0.0 | 3.12 | 9.47 | 0.0 | 5.82 | 4.86 | 0.0 | -0.53 | -60.61 | 0.0 | 2.59 | 2.78 | 0.0 | 0.01 | -0.52 | 0.0 |
