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) | 4.14 | -20.08 | 0.6 | -41.75 | 3.98 | -0.5 | 0 | 0 | 9.15 | -38.26 | -0.36 | 0 | 2.32 | -48.9 | 25.36 | -17.23 | 3.98 | -15.5 | 0.64 | -11.11 | 0 | 0 | 0 | 0 | 7.73 | 15.2 | 0.14 | 75.0 | 0.1 | 0.0 | -0.34 | 0 | -0.11 | 0 | -0.09 | 0 | -0.43 | 0 | 0.00 | 0 |
| 2022 (9) | 5.18 | -12.94 | 1.03 | -39.05 | 4.0 | 0 | 0 | 0 | 14.82 | 63.58 | 1.35 | 0 | 4.54 | 281.51 | 30.63 | 133.23 | 4.71 | 74.44 | 0.72 | 46.94 | 0.15 | -96.11 | 0 | 0 | 6.71 | 14.31 | 0.08 | 0.0 | 0.1 | 0.0 | 0.58 | 0 | 0.76 | 0 | -0.07 | 0 | 0.51 | 0 | 0.00 | 0 |
| 2021 (8) | 5.95 | 127.97 | 1.69 | -41.72 | 0 | 0 | 0 | 0 | 9.06 | 266.8 | -0.68 | 0 | 1.19 | 357.69 | 13.13 | 24.78 | 2.7 | 58.82 | 0.49 | 0.0 | 3.86 | 0 | 0 | 0 | 5.87 | 15.78 | 0.08 | 0.0 | 0.1 | 0.0 | -0.77 | 0 | -0.59 | 0 | -0.09 | 0 | -0.86 | 0 | 0.00 | 0 |
| 2020 (7) | 2.61 | 28.57 | 2.9 | 41.46 | 0 | 0 | 0 | 0 | 2.47 | 50.61 | -0.7 | 0 | 0.26 | -35.0 | 10.53 | -56.84 | 1.7 | 325.0 | 0.49 | -2.0 | 0 | 0 | 0 | 0 | 5.07 | 0.0 | 0.08 | 0 | 0.1 | 0.0 | -0.09 | 0 | 0.09 | -90.11 | -0.08 | 0 | -0.17 | 0 | 0.00 | 0 |
| 2019 (6) | 2.03 | 6.84 | 2.05 | -0.97 | 0 | 0 | 0 | 0 | 1.64 | -59.71 | 2.44 | 0 | 0.4 | 66.67 | 24.39 | 313.62 | 0.4 | -50.62 | 0.5 | 0.0 | 0 | 0 | 0 | 0 | 5.07 | -1.55 | 0 | 0 | 0.1 | 0.0 | 0.82 | 0 | 0.91 | 0 | -0.1 | 0 | 0.72 | 0 | 0.00 | 0 |
| 2018 (5) | 1.9 | 13.1 | 2.07 | 24.7 | 0 | 0 | 0 | 0 | 4.07 | -52.89 | -0.68 | 0 | 0.24 | -62.5 | 5.90 | -20.39 | 0.81 | -28.95 | 0.5 | -1.96 | 0 | 0 | 0.02 | 0.0 | 5.15 | 0.0 | 0 | 0 | 0.1 | 0.0 | -1.62 | 0 | -1.53 | 0 | -0.01 | 0 | -1.63 | 0 | 0.00 | 0 |
| 2017 (4) | 1.68 | -34.88 | 1.66 | 21.17 | 0.01 | -95.65 | 0 | 0 | 8.64 | -48.51 | -0.9 | 0 | 0.64 | -73.88 | 7.41 | -49.27 | 1.14 | -62.87 | 0.51 | 59.38 | 0 | 0 | 0.02 | 0.0 | 5.15 | 0.0 | 0 | 0 | 0.1 | 0.0 | -0.9 | 0 | -0.8 | 0 | -0.05 | 0 | -0.95 | 0 | 0.00 | 0 |
| 2016 (3) | 2.58 | -37.38 | 1.37 | 120.97 | 0.23 | -85.35 | 0 | 0 | 16.78 | -24.41 | -0.98 | 0 | 2.45 | -12.81 | 14.60 | 15.35 | 3.07 | 7.34 | 0.32 | 0.0 | 0.03 | -50.0 | 0.02 | 0.0 | 5.15 | -2.46 | 0.16 | 0.0 | 0.1 | 0.0 | -2.61 | 0 | -2.35 | 0 | -0.03 | 0 | -2.64 | 0 | 0.00 | 0 |
| 2015 (2) | 4.12 | -35.73 | 0.62 | -75.2 | 1.57 | 5133.33 | 0 | 0 | 22.2 | -31.63 | -1.16 | 0 | 2.81 | -51.88 | 12.66 | -29.62 | 2.86 | -23.53 | 0.32 | 0.0 | 0.06 | -96.25 | 0.02 | -33.33 | 5.28 | 0.0 | 0.16 | 0.0 | 0.1 | 0.0 | -1.62 | 0 | -1.36 | 0 | 0 | 0 | -1.62 | 0 | 0.00 | 0 |
| 2014 (1) | 6.41 | 85.8 | 2.5 | 25.0 | 0.03 | 0.0 | 0 | 0 | 32.47 | 162.07 | -0.3 | 0 | 5.84 | 94.02 | 17.99 | -25.97 | 3.74 | 51.42 | 0.32 | 0.0 | 1.6 | -1.84 | 0.03 | 0.0 | 5.28 | 28.16 | 0.16 | 0.0 | 0.1 | 0.0 | -0.46 | 0 | -0.2 | 0 | 0.04 | 0 | -0.42 | 0 | 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) | 2.06 | -4.19 | -60.69 | 4.78 | 28.84 | 0 | 0.01 | 0 | -99.75 | 0 | 0 | 0 | 2.73 | -5.54 | 40.0 | -0.4 | -344.44 | -433.33 | 4.49 | 71.37 | -14.48 | 41.81 | 58.93 | -9.7 | 3.3 | -19.9 | 43.48 | 0.97 | 10.23 | 49.23 | 0.08 | 0 | 0 | 0 | 0 | 0 | 7.75 | 0.0 | 0.26 | 0.14 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | -0.73 | -121.21 | -621.43 | -0.49 | -444.44 | -228.95 | 0.32 | 633.33 | 633.33 | -0.41 | -5.13 | -612.5 | 0.00 | -33.21 | -47.18 |
| 24Q2 (19) | 2.15 | -56.21 | -74.59 | 3.71 | 0.0 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 2.89 | 3.96 | 27.88 | -0.09 | -169.23 | -28.57 | 2.62 | 95.52 | -26.61 | 26.31 | 83.16 | -0.89 | 4.12 | 0.24 | 44.56 | 0.88 | 39.68 | 6.02 | 0 | 0 | 0 | 0 | 0 | 0 | 7.75 | 0.0 | 0.26 | 0.14 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | -0.33 | -57.14 | -1750.0 | -0.09 | -400.0 | -134.62 | -0.06 | 14.29 | 45.45 | -0.39 | -39.29 | -333.33 | 0.00 | 0.69 | -37.38 |
| 24Q1 (18) | 4.91 | 18.6 | -40.91 | 3.71 | 518.33 | 163.12 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 2.78 | 18.8 | 6.92 | 0.13 | 126.53 | 85.71 | 1.34 | -42.24 | -45.97 | 14.36 | -43.36 | -17.01 | 4.11 | 3.27 | 19.83 | 0.63 | -1.56 | -25.88 | 0 | 0 | -100.0 | 0 | 0 | 0 | 7.75 | 0.26 | 15.16 | 0.14 | 0.0 | 75.0 | 0.1 | 0.0 | 0.0 | -0.21 | 38.24 | -132.31 | 0.03 | 127.27 | -96.39 | -0.07 | 22.22 | -16.67 | -0.28 | 34.88 | -147.46 | 0.00 | -1.18 | 0 |
| 23Q4 (17) | 4.14 | -20.99 | -20.08 | 0.6 | 0 | -41.75 | 3.98 | 0.25 | -0.5 | 0 | 0 | 0 | 2.34 | 20.0 | -48.34 | -0.49 | -508.33 | -1080.0 | 2.32 | -55.81 | -48.9 | 25.36 | -45.23 | -17.23 | 3.98 | 73.04 | -15.5 | 0.64 | -1.54 | -11.11 | 0 | 0 | -100.0 | 0 | 0 | 0 | 7.73 | 0.0 | 15.2 | 0.14 | 0.0 | 75.0 | 0.1 | 0.0 | 0.0 | -0.34 | -342.86 | -158.62 | -0.11 | -128.95 | -114.47 | -0.09 | -50.0 | -28.57 | -0.43 | -637.5 | -184.31 | 0.00 | -20.52 | 0 |
| 23Q3 (16) | 5.24 | -38.06 | -20.0 | 0 | 0 | -100.0 | 3.97 | 0.51 | 1.53 | 0 | 0 | 0 | 1.95 | -13.72 | -51.97 | 0.12 | 271.43 | -80.95 | 5.25 | 47.06 | 102.7 | 46.30 | 74.42 | 131.12 | 2.3 | -19.3 | -50.32 | 0.65 | -21.69 | -9.72 | 0 | 0 | 0 | 0 | 0 | 0 | 7.73 | 0.0 | 15.89 | 0.14 | 0.0 | 75.0 | 0.1 | 0.0 | 0.0 | 0.14 | 600.0 | -73.58 | 0.38 | 46.15 | -46.48 | -0.06 | 45.45 | -20.0 | 0.08 | 188.89 | -83.33 | 0.00 | -20.81 | 0 |
| 23Q2 (15) | 8.46 | 1.81 | 8.88 | 0 | -100.0 | -100.0 | 3.95 | -4.59 | 1.54 | 0 | 0 | 0 | 2.26 | -13.08 | -28.03 | -0.07 | -200.0 | -135.0 | 3.57 | 43.95 | 11.56 | 26.54 | 53.37 | 1.94 | 2.85 | -16.91 | -18.57 | 0.83 | -2.35 | 13.7 | 0 | -100.0 | 0 | 0 | 0 | 0 | 7.73 | 14.86 | 31.69 | 0.14 | 75.0 | 75.0 | 0.1 | 0.0 | 0.0 | 0.02 | -96.92 | 120.0 | 0.26 | -68.67 | 225.0 | -0.11 | -83.33 | -83.33 | -0.09 | -115.25 | 43.75 | 0.00 | 0 | 0 |
| 23Q1 (14) | 8.31 | 60.42 | 136.75 | 1.41 | 36.89 | -41.98 | 4.14 | 3.5 | 6.7 | 0 | 0 | 0 | 2.6 | -42.6 | -15.86 | 0.07 | 40.0 | -85.11 | 2.48 | -45.37 | 18.1 | 17.31 | -43.51 | -5.47 | 3.43 | -27.18 | 40.0 | 0.85 | 18.06 | 73.47 | 0.36 | 140.0 | 0 | 0 | 0 | 0 | 6.73 | 0.3 | 14.65 | 0.08 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.65 | 12.07 | 316.67 | 0.83 | 9.21 | 791.67 | -0.06 | 14.29 | -50.0 | 0.59 | 15.69 | 273.53 | 0.00 | 0 | 0 |
| 22Q4 (13) | 5.18 | -20.92 | -12.94 | 1.03 | -30.41 | -39.05 | 4.0 | 2.3 | 0 | 0 | 0 | 0 | 4.53 | 11.58 | 71.59 | 0.05 | -92.06 | 138.46 | 4.54 | 75.29 | 281.51 | 30.63 | 52.93 | 133.23 | 4.71 | 1.73 | 74.44 | 0.72 | 0.0 | 46.94 | 0.15 | 0 | -96.11 | 0 | 0 | 0 | 6.71 | 0.6 | 14.31 | 0.08 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.58 | 9.43 | 175.32 | 0.76 | 7.04 | 228.81 | -0.07 | -40.0 | 22.22 | 0.51 | 6.25 | 159.3 | 0.00 | 0 | 0 |
| 22Q3 (12) | 6.55 | -15.7 | 28.94 | 1.48 | -63.09 | 1.37 | 3.91 | 0.51 | 0 | 0 | 0 | 0 | 4.06 | 29.3 | 18.71 | 0.63 | 215.0 | 415.0 | 2.59 | -19.06 | 49.71 | 20.03 | -23.07 | -19.07 | 4.63 | 32.29 | 42.46 | 0.72 | -1.37 | 46.94 | 0 | 0 | -100.0 | 0 | 0 | 0 | 6.67 | 13.63 | 13.63 | 0.08 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.53 | 630.0 | 182.81 | 0.71 | 787.5 | 254.35 | -0.05 | 16.67 | 50.0 | 0.48 | 400.0 | 164.86 | 0.00 | 0 | 0 |
| 22Q2 (11) | 7.77 | 121.37 | 31.47 | 4.01 | 65.02 | 174.66 | 3.89 | 0.26 | 0 | 0 | 0 | 0 | 3.14 | 1.62 | 35.34 | 0.2 | -57.45 | 183.33 | 3.2 | 52.38 | 102.53 | 26.04 | 42.21 | -27.82 | 3.5 | 42.86 | 14.75 | 0.73 | 48.98 | 48.98 | 0 | 0 | -100.0 | 0 | 0 | 0 | 5.87 | 0.0 | 0.0 | 0.08 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | -0.1 | 66.67 | 77.78 | 0.08 | 166.67 | 129.63 | -0.06 | -50.0 | 40.0 | -0.16 | 52.94 | 70.91 | 0.00 | 0 | 0 |
| 22Q1 (10) | 3.51 | -41.01 | -4.88 | 2.43 | 43.79 | 66.44 | 3.88 | 0 | 0 | 0 | 0 | 0 | 3.09 | 17.05 | 354.41 | 0.47 | 461.54 | 527.27 | 2.1 | 76.47 | 328.57 | 18.31 | 39.39 | -0.61 | 2.45 | -9.26 | 43.27 | 0.49 | 0.0 | 0.0 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 5.87 | 0.0 | 15.78 | 0.08 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | -0.3 | 61.04 | -50.0 | -0.12 | 79.66 | -500.0 | -0.04 | 55.56 | 55.56 | -0.34 | 60.47 | -17.24 | 0.00 | 0 | 0 |
| 21Q4 (9) | 5.95 | 17.13 | 127.97 | 1.69 | 15.75 | -41.72 | 0 | 0 | 0 | 0 | 0 | 0 | 2.64 | -22.81 | 363.16 | -0.13 | 35.0 | 53.57 | 1.19 | -31.21 | 357.69 | 13.13 | -46.93 | 24.78 | 2.7 | -16.92 | 58.82 | 0.49 | 0.0 | 0.0 | 3.86 | 0.26 | 0 | 0 | 0 | 0 | 5.87 | 0.0 | 15.78 | 0.08 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | -0.77 | -20.31 | -755.56 | -0.59 | -28.26 | -755.56 | -0.09 | 10.0 | -12.5 | -0.86 | -16.22 | -405.88 | 0.00 | 0 | 0 |
| 21Q3 (8) | 5.08 | -14.04 | 92.42 | 1.46 | 0.0 | -31.13 | 0 | 0 | 0 | 0 | 0 | 0 | 3.42 | 47.41 | 322.22 | -0.2 | 16.67 | 9.09 | 1.73 | 9.49 | 408.82 | 24.75 | -31.39 | 77.62 | 3.25 | 6.56 | 441.67 | 0.49 | 0.0 | 0.0 | 3.85 | 0.52 | 0 | 0 | 0 | 0 | 5.87 | 0.0 | 15.78 | 0.08 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | -0.64 | -42.22 | -436.84 | -0.46 | -70.37 | -224.32 | -0.1 | 0.0 | 9.09 | -0.74 | -34.55 | -1025.0 | 0.00 | 0 | 0 |
| 21Q2 (7) | 5.91 | 60.16 | 176.17 | 1.46 | 0.0 | -23.56 | 0 | 0 | 0 | 0 | 0 | 0 | 2.32 | 241.18 | 286.67 | -0.24 | -118.18 | -118.18 | 1.58 | 222.45 | 378.79 | 36.07 | 95.83 | 0 | 3.05 | 78.36 | 548.94 | 0.49 | 0.0 | -2.0 | 3.83 | 0.26 | 0 | 0 | 0 | 0 | 5.87 | 15.78 | 15.78 | 0.08 | 0.0 | 0 | 0.1 | 0.0 | 0 | -0.45 | -125.0 | 0 | -0.27 | -1250.0 | -146.55 | -0.1 | -11.11 | 28.57 | -0.55 | -89.66 | -292.86 | 0.00 | 0 | 0 |
| 21Q1 (6) | 3.69 | 41.38 | 80.0 | 1.46 | -49.66 | -25.89 | 0 | 0 | 0 | 0 | 0 | 0 | 0.68 | 19.3 | 38.78 | -0.11 | 60.71 | -22.22 | 0.49 | 88.46 | 13.95 | 18.42 | 75.0 | 0 | 1.71 | 0.59 | 216.67 | 0.49 | 0.0 | -2.0 | 3.82 | 0 | 0 | 0 | 0 | 0 | 5.07 | 0.0 | 0.0 | 0.08 | 0.0 | 0 | 0.1 | 0.0 | 0.0 | -0.2 | -122.22 | -127.78 | -0.02 | -122.22 | -102.44 | -0.09 | -12.5 | 18.18 | -0.29 | -70.59 | -147.54 | 0.00 | 0 | 0 |
| 20Q4 (5) | 2.61 | -1.14 | 28.57 | 2.9 | 36.79 | 41.46 | 0 | 0 | 0 | 0 | 0 | 0 | 0.57 | -29.63 | 5.56 | -0.28 | -27.27 | 17.65 | 0.26 | -23.53 | -35.0 | 10.53 | -24.46 | 0 | 1.7 | 183.33 | 325.0 | 0.49 | 0.0 | -2.0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.07 | 0.0 | 0.0 | 0.08 | 0.0 | 0 | 0.1 | 0.0 | 0.0 | -0.09 | -147.37 | -110.98 | 0.09 | -75.68 | -90.11 | -0.08 | 27.27 | 20.0 | -0.17 | -312.5 | -123.61 | 0.00 | 0 | 0 |
| 20Q3 (4) | 2.64 | 23.36 | 0.0 | 2.12 | 10.99 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0.81 | 35.0 | 0.0 | -0.22 | -100.0 | 0.0 | 0.34 | 3.03 | 0.0 | 13.93 | 0 | 0.0 | 0.6 | 27.66 | 0.0 | 0.49 | -2.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 5.07 | 0.0 | 0.0 | 0.08 | 0 | 0.0 | 0.1 | 0 | 0.0 | 0.19 | 0 | 0.0 | 0.37 | -36.21 | 0.0 | -0.11 | 21.43 | 0.0 | 0.08 | 157.14 | 0.0 | 0.00 | 0 | 0.0 |
