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) | 22.17 | -4.36 | 10.8 | -48.6 | 10.25 | -12.69 | 0 | 0 | 72.76 | -23.46 | -0.07 | 0 | 16.72 | 12.37 | 22.98 | 46.8 | 6.44 | -33.26 | 1.9 | -7.32 | 15.63 | -35.25 | 0 | 0 | 51.77 | 0.0 | 7.0 | 4.32 | 1.41 | 0.0 | 32.63 | -3.2 | 41.04 | -1.89 | 8.99 | 198.67 | 41.62 | 13.34 | 0.01 | -55.67 |
| 2022 (9) | 23.18 | 7.07 | 21.01 | 5.84 | 11.74 | 89.05 | 0 | 0 | 95.06 | 17.1 | 2.58 | 17.27 | 14.88 | -15.36 | 15.65 | -27.72 | 9.65 | 26.47 | 2.05 | -8.07 | 24.14 | -35.73 | 0 | 0 | 51.77 | -0.77 | 6.71 | 3.55 | 1.41 | 0.0 | 33.71 | 6.41 | 41.83 | 5.71 | 3.01 | -80.29 | 36.72 | -21.79 | 0.02 | -26.1 |
| 2021 (8) | 21.65 | 23.08 | 19.85 | 104.22 | 6.21 | -40.69 | 0 | 0 | 81.18 | 36.07 | 2.2 | -13.73 | 17.58 | 43.98 | 21.66 | 5.81 | 7.63 | 86.55 | 2.23 | -7.08 | 37.56 | 78.69 | 0 | 0 | 52.17 | 3.02 | 6.48 | 4.01 | 1.41 | 0.0 | 31.68 | 6.88 | 39.57 | 6.11 | 15.27 | -46.63 | 46.95 | -19.4 | 0.03 | 0 |
| 2020 (7) | 17.59 | -12.66 | 9.72 | 119.41 | 10.47 | 371.62 | 0 | 0 | 59.66 | -11.31 | 2.55 | 54.55 | 12.21 | -4.01 | 20.47 | 8.23 | 4.09 | 2.25 | 2.4 | 38.73 | 21.02 | -26.48 | 0 | 0 | 50.64 | 0.0 | 6.23 | 2.64 | 1.41 | 0.0 | 29.64 | 8.37 | 37.29 | 7.03 | 28.61 | -1.34 | 58.25 | 3.37 | 0.00 | 0 |
| 2019 (6) | 20.14 | -19.66 | 4.43 | -44.97 | 2.22 | -83.76 | 0 | 0 | 67.27 | -21.35 | 1.65 | -59.26 | 12.72 | -2.68 | 18.91 | 23.74 | 4.0 | -0.25 | 1.73 | -3.89 | 28.59 | 21.2 | 0 | 0 | 50.64 | -3.8 | 6.07 | 7.24 | 1.41 | 0.0 | 27.35 | -1.51 | 34.84 | -0.03 | 29.0 | 64.21 | 56.35 | 24.04 | 0.00 | 0 |
| 2018 (5) | 25.07 | 15.53 | 8.05 | 130.66 | 13.67 | 104.95 | 0 | 0 | 85.53 | -9.32 | 4.05 | -39.64 | 13.07 | 6.43 | 15.28 | 17.37 | 4.01 | -57.52 | 1.8 | 39.53 | 23.59 | -19.71 | 0 | 0 | 52.64 | 0.0 | 5.66 | 13.43 | 1.41 | 0.0 | 27.77 | -2.83 | 34.85 | -0.37 | 17.66 | 56.56 | 45.43 | 13.97 | 0.00 | 0 |
| 2017 (4) | 21.7 | -3.68 | 3.49 | -43.98 | 6.67 | -51.38 | 0 | 0 | 94.32 | 7.82 | 6.71 | 52.5 | 12.28 | -2.77 | 13.02 | -9.82 | 9.44 | -4.45 | 1.29 | -4.44 | 29.38 | -7.81 | 0 | 0 | 52.64 | 9.03 | 4.99 | 9.67 | 1.41 | 0.0 | 28.58 | 20.24 | 34.98 | 17.62 | 11.28 | 405.83 | 39.86 | 53.31 | 0.00 | 0 |
| 2016 (3) | 22.53 | -6.82 | 6.23 | 78.0 | 13.72 | 113.04 | 0 | 0 | 87.48 | 10.54 | 4.4 | 205.56 | 12.63 | 43.04 | 14.44 | 29.4 | 9.88 | 33.15 | 1.35 | -10.6 | 31.87 | -34.88 | 0 | 0 | 48.28 | -0.04 | 4.55 | 3.17 | 1.41 | 0.0 | 23.77 | 13.57 | 29.74 | 11.14 | 2.23 | 243.08 | 26.0 | 20.48 | 0.00 | 0 |
| 2015 (2) | 24.18 | 23.75 | 3.5 | 101.15 | 6.44 | -30.6 | 0 | 0 | 79.14 | -20.99 | 1.44 | -83.56 | 8.83 | -43.69 | 11.16 | -28.73 | 7.42 | -4.26 | 1.51 | 0.67 | 48.94 | -17.22 | 0 | 0 | 48.3 | -3.54 | 4.41 | 24.93 | 1.41 | -22.95 | 20.93 | -4.69 | 26.76 | -2.05 | 0.65 | 0 | 21.58 | -0.32 | 0.00 | 0 |
| 2014 (1) | 19.54 | 26.72 | 1.74 | 8.07 | 9.28 | 3.11 | 0 | 0 | 100.16 | 12.91 | 8.76 | 172.05 | 15.68 | 5.02 | 15.65 | -6.98 | 7.75 | -11.63 | 1.5 | 0 | 59.12 | -7.51 | 0 | 0 | 50.07 | 0.0 | 3.53 | 9.97 | 1.83 | -22.46 | 21.96 | 58.44 | 27.32 | 40.68 | -0.31 | 0 | 21.65 | 79.97 | 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) | 20.04 | 2.14 | -19.52 | 11.83 | -4.06 | 14.19 | 2.56 | 1.19 | -79.07 | 0 | 0 | 0 | 19.68 | 3.31 | 14.35 | -0.39 | -166.1 | -316.67 | 18.48 | -1.28 | 16.59 | 23.59 | -4.39 | 11.06 | 5.81 | 7.39 | -24.25 | 1.7 | -2.86 | -16.26 | 13.11 | -25.21 | -27.61 | 0 | 0 | 0 | 51.77 | 0.0 | 0.0 | 7.0 | 0.0 | 0.0 | 1.41 | 0.0 | 0.0 | 33.34 | -1.16 | 1.68 | 41.75 | -0.95 | 1.33 | 7.67 | -13.63 | 18.73 | 41.01 | -3.75 | 4.48 | -0.00 | -121.83 | -105.73 |
| 24Q2 (19) | 19.62 | 13.67 | -5.4 | 12.33 | 22.08 | 56.27 | 2.53 | -69.48 | -82.16 | 0 | 0 | 0 | 19.05 | -3.74 | 9.29 | 0.59 | -61.69 | 240.48 | 18.72 | -2.65 | 4.7 | 24.67 | -4.73 | 15.31 | 5.41 | -8.15 | -35.9 | 1.75 | -7.41 | -8.85 | 17.53 | 43.22 | 6.57 | 0 | 0 | 0 | 51.77 | 0.0 | 0.0 | 7.0 | 0.0 | 0.0 | 1.41 | 0.0 | 0.0 | 33.73 | -1.29 | 3.43 | 42.15 | -1.01 | 2.73 | 8.88 | 12.41 | 80.49 | 42.61 | 1.28 | 13.54 | 0.00 | -55.62 | -78.76 |
| 24Q1 (18) | 17.26 | -22.15 | -19.83 | 10.1 | -6.48 | -42.25 | 8.29 | -19.12 | -29.45 | 0 | 0 | 0 | 19.79 | -0.2 | 8.2 | 1.54 | 833.33 | 305.26 | 19.23 | 15.01 | 22.48 | 25.90 | 12.69 | 49.15 | 5.89 | -8.54 | -33.75 | 1.89 | -0.53 | -5.97 | 12.24 | -21.69 | -48.4 | 0 | 0 | 0 | 51.77 | 0.0 | 0.0 | 7.0 | 0.0 | 4.32 | 1.41 | 0.0 | 0.0 | 34.17 | 4.72 | 0.21 | 42.58 | 3.75 | 0.85 | 7.9 | -12.12 | 40.32 | 42.07 | 1.08 | 5.89 | 0.01 | -30.47 | -62.87 |
| 23Q4 (17) | 22.17 | -10.96 | -4.36 | 10.8 | 4.25 | -48.6 | 10.25 | -16.19 | -12.69 | 0 | 0 | 0 | 19.83 | 15.22 | -8.62 | -0.21 | -216.67 | 61.11 | 16.72 | 5.49 | 12.37 | 22.98 | 8.2 | 46.84 | 6.44 | -16.04 | -33.26 | 1.9 | -6.4 | -7.32 | 15.63 | -13.69 | -35.25 | 0 | 0 | 0 | 51.77 | 0.0 | 0.0 | 7.0 | 0.0 | 4.32 | 1.41 | 0.0 | 0.0 | 32.63 | -0.49 | -3.2 | 41.04 | -0.39 | -1.89 | 8.99 | 39.16 | 198.67 | 41.62 | 6.04 | 13.34 | 0.01 | -15.03 | -55.67 |
| 23Q3 (16) | 24.9 | 20.06 | -8.66 | 10.36 | 31.31 | -44.63 | 12.23 | -13.75 | 83.36 | 0 | 0 | 0 | 17.21 | -1.26 | -34.19 | 0.18 | 142.86 | -93.26 | 15.85 | -11.35 | -20.11 | 21.24 | -0.73 | 4.01 | 7.67 | -9.12 | -20.52 | 2.03 | 5.73 | -7.31 | 18.11 | 10.09 | -43.21 | 0 | 0 | 0 | 51.77 | 0.0 | -0.77 | 7.0 | 0.0 | 4.32 | 1.41 | 0.0 | 0.0 | 32.79 | 0.55 | -3.3 | 41.2 | 0.41 | -1.97 | 6.46 | 31.3 | 157.37 | 39.25 | 4.58 | 7.77 | 0.01 | -19.0 | -54.31 |
| 23Q2 (15) | 20.74 | -3.67 | 25.85 | 7.89 | -54.89 | -50.87 | 14.18 | 20.68 | 84.88 | 0 | 0 | 0 | 17.43 | -4.7 | -28.24 | -0.42 | -210.53 | -250.0 | 17.88 | 13.89 | -23.03 | 21.40 | 23.23 | -14.72 | 8.44 | -5.06 | -4.31 | 1.92 | -4.48 | -10.28 | 16.45 | -30.65 | -49.91 | 0 | 0 | 0 | 51.77 | 0.0 | -0.77 | 7.0 | 4.32 | 4.32 | 1.41 | 0.0 | 0.0 | 32.61 | -4.37 | 4.42 | 41.03 | -2.82 | 4.27 | 4.92 | -12.61 | 5.81 | 37.53 | -5.54 | 4.6 | 0.01 | -22.41 | -48.92 |
| 23Q1 (14) | 21.53 | -7.12 | -5.2 | 17.49 | -16.75 | -14.14 | 11.75 | 0.09 | 87.4 | 0 | 0 | 0 | 18.29 | -15.71 | -20.27 | 0.38 | 170.37 | -33.33 | 15.7 | 5.51 | -18.78 | 17.36 | 10.94 | -19.1 | 8.89 | -7.88 | 7.24 | 2.01 | -1.95 | -9.46 | 23.72 | -1.74 | -32.86 | 0 | 0 | 0 | 51.77 | 0.0 | -0.77 | 6.71 | 0.0 | 3.55 | 1.41 | 0.0 | 0.0 | 34.1 | 1.16 | 5.7 | 42.22 | 0.93 | 5.16 | 5.63 | 87.04 | -54.15 | 39.73 | 8.2 | -10.8 | 0.02 | -16.99 | -35.94 |
| 22Q4 (13) | 23.18 | -14.97 | 7.07 | 21.01 | 12.29 | 5.84 | 11.74 | 76.01 | 89.05 | 0 | 0 | 0 | 21.7 | -17.02 | -8.75 | -0.54 | -120.22 | -128.42 | 14.88 | -25.0 | -15.36 | 15.65 | -23.36 | -27.72 | 9.65 | 0.0 | 26.47 | 2.05 | -6.39 | -8.07 | 24.14 | -24.3 | -35.73 | 0 | 0 | 0 | 51.77 | -0.77 | -0.77 | 6.71 | 0.0 | 3.55 | 1.41 | 0.0 | 0.0 | 33.71 | -0.59 | 6.41 | 41.83 | -0.48 | 5.71 | 3.01 | 19.92 | -80.29 | 36.72 | 0.82 | -21.79 | 0.02 | -12.42 | -26.1 |
| 22Q3 (12) | 27.26 | 65.41 | 9.61 | 18.71 | 16.5 | -6.12 | 6.67 | -13.04 | 25.38 | 0 | 0 | 0 | 26.15 | 7.66 | 21.18 | 2.67 | 2325.0 | 1383.33 | 19.84 | -14.59 | 29.42 | 20.42 | -18.61 | -4.84 | 9.65 | 9.41 | 42.75 | 2.19 | 2.34 | -3.52 | 31.89 | -2.89 | -19.83 | 0 | 0 | 0 | 52.17 | 0.0 | 0.0 | 6.71 | 0.0 | 3.55 | 1.41 | 0.0 | 0.0 | 33.91 | 8.58 | 13.07 | 42.03 | 6.81 | 10.96 | 2.51 | -46.02 | -83.55 | 36.42 | 1.51 | -19.51 | 0.02 | -9.45 | 128.81 |
| 22Q2 (11) | 16.48 | -27.43 | 7.85 | 16.06 | -21.16 | 8.59 | 7.67 | 22.33 | 44.17 | 0 | 0 | 0 | 24.29 | 5.88 | 11.58 | -0.12 | -121.05 | 40.0 | 23.23 | 20.18 | 53.43 | 25.09 | 16.91 | 6.39 | 8.82 | 6.39 | 67.36 | 2.14 | -3.6 | -3.6 | 32.84 | -7.05 | -17.53 | 0 | 0 | 0 | 52.17 | 0.0 | 0.0 | 6.71 | 3.55 | 7.7 | 1.41 | 0.0 | 0.0 | 31.23 | -3.19 | 3.93 | 39.35 | -1.99 | 4.38 | 4.65 | -62.13 | -81.73 | 35.88 | -19.44 | -35.35 | 0.02 | -2.69 | 97.41 |
| 22Q1 (10) | 22.71 | 4.9 | -18.86 | 20.37 | 2.62 | 130.17 | 6.27 | 0.97 | -25.36 | 0 | 0 | 0 | 22.94 | -3.53 | 63.16 | 0.57 | -70.0 | 78.12 | 19.33 | 9.95 | 53.66 | 21.46 | -0.89 | -1.0 | 8.29 | 8.65 | 87.13 | 2.22 | -0.45 | -4.72 | 35.33 | -5.94 | 13.86 | 0 | 0 | 0 | 52.17 | 0.0 | 0.0 | 6.48 | 0.0 | 4.01 | 1.41 | 0.0 | 0.0 | 32.26 | 1.83 | 7.68 | 40.15 | 1.47 | 6.78 | 12.28 | -19.58 | -60.74 | 44.54 | -5.13 | -27.27 | 0.03 | -4.24 | 86.74 |
| 21Q4 (9) | 21.65 | -12.95 | 23.08 | 19.85 | -0.4 | 104.22 | 6.21 | 16.73 | -40.69 | 0 | 0 | 0 | 23.78 | 10.19 | 69.49 | 1.9 | 955.56 | 108.79 | 17.58 | 14.68 | 43.98 | 21.65 | 0.91 | 5.8 | 7.63 | 12.87 | 86.55 | 2.23 | -1.76 | -7.08 | 37.56 | -5.58 | 78.69 | 0 | 0 | 0 | 52.17 | 0.0 | 3.02 | 6.48 | 0.0 | 4.01 | 1.41 | 0.0 | 0.0 | 31.68 | 5.64 | 6.88 | 39.57 | 4.46 | 6.11 | 15.27 | 0.07 | -46.63 | 46.95 | 3.76 | -19.4 | 0.03 | 171.16 | 0 |
| 21Q3 (8) | 24.87 | 62.76 | 40.67 | 19.93 | 34.75 | 154.53 | 5.32 | 0.0 | -49.04 | 0 | 0 | 0 | 21.58 | -0.87 | 50.49 | 0.18 | 190.0 | -91.3 | 15.33 | 1.25 | 44.62 | 21.46 | -9.01 | 29.86 | 6.76 | 28.27 | 63.29 | 2.27 | 2.25 | -4.22 | 39.78 | -0.1 | 71.17 | 0 | 0 | 0 | 52.17 | 0.0 | 3.02 | 6.48 | 4.01 | 4.01 | 1.41 | 0.0 | 0.0 | 29.99 | -0.2 | 4.02 | 37.88 | 0.48 | 3.84 | 15.26 | -40.04 | -11.23 | 45.25 | -18.47 | -1.67 | 0.01 | -21.87 | 0 |
| 21Q2 (7) | 15.28 | -45.41 | -3.54 | 14.79 | 67.12 | 251.31 | 5.32 | -36.67 | -48.94 | 0 | 0 | 0 | 21.77 | 54.84 | 39.55 | -0.2 | -162.5 | -122.22 | 15.14 | 20.35 | 11.9 | 23.58 | 8.78 | 0 | 5.27 | 18.96 | 12.61 | 2.22 | -4.72 | -5.13 | 39.82 | 28.33 | 107.07 | 0 | 0 | 0 | 52.17 | 0.0 | 3.02 | 6.23 | 0.0 | 0.0 | 1.41 | 0.0 | 0.0 | 30.05 | 0.3 | 12.29 | 37.7 | 0.27 | 9.56 | 25.45 | -18.64 | 26.55 | 55.5 | -9.37 | 18.41 | 0.01 | -7.95 | 0 |
| 21Q1 (6) | 27.99 | 59.12 | 91.19 | 8.85 | -8.95 | 157.27 | 8.4 | -19.77 | 2.82 | 0 | 0 | 0 | 14.06 | 0.21 | -10.39 | 0.32 | -64.84 | 124.06 | 12.58 | 3.03 | -30.65 | 21.68 | 5.92 | 0 | 4.43 | 8.31 | -5.54 | 2.33 | -2.92 | 37.87 | 31.03 | 47.62 | 20.93 | 0 | 0 | 0 | 52.17 | 3.02 | 3.02 | 6.23 | 0.0 | 2.64 | 1.41 | 0.0 | 0.0 | 29.96 | 1.08 | 15.1 | 37.6 | 0.83 | 12.21 | 31.28 | 9.33 | 77.83 | 61.24 | 5.13 | 40.39 | 0.01 | 0 | 0 |
| 20Q4 (5) | 17.59 | -0.51 | -12.66 | 9.72 | 24.14 | 119.41 | 10.47 | 0.29 | 371.62 | 0 | 0 | 0 | 14.03 | -2.16 | -24.24 | 0.91 | -56.04 | -42.77 | 12.21 | 15.19 | -4.01 | 20.47 | 23.86 | 0 | 4.09 | -1.21 | 2.25 | 2.4 | 1.27 | 38.73 | 21.02 | -9.55 | -26.48 | 0 | 0 | 0 | 50.64 | 0.0 | 0.0 | 6.23 | 0.0 | 2.64 | 1.41 | 0.0 | 0.0 | 29.64 | 2.81 | 8.37 | 37.29 | 2.22 | 7.03 | 28.61 | 66.43 | -1.34 | 58.25 | 26.58 | 3.37 | 0.00 | 0 | 0 |
| 20Q3 (4) | 17.68 | 11.62 | 0.0 | 7.83 | 85.99 | 0.0 | 10.44 | 0.19 | 0.0 | 0 | 0 | 0.0 | 14.34 | -8.08 | 0.0 | 2.07 | 130.0 | 0.0 | 10.6 | -21.66 | 0.0 | 16.52 | 0 | 0.0 | 4.14 | -11.54 | 0.0 | 2.37 | 1.28 | 0.0 | 23.24 | 20.85 | 0.0 | 0 | 0 | 0.0 | 50.64 | 0.0 | 0.0 | 6.23 | 0.0 | 0.0 | 1.41 | 0.0 | 0.0 | 28.83 | 7.74 | 0.0 | 36.48 | 6.02 | 0.0 | 17.19 | -14.52 | 0.0 | 46.02 | -1.81 | 0.0 | 0.00 | 0 | 0.0 |
