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) | 18.48 | 52.35 | 3.2 | 10.34 | 6.76 | 35.47 | 0 | 0 | 27.09 | -6.0 | 1.24 | -53.56 | 7.53 | 8.66 | 27.80 | 15.6 | 4.89 | -29.03 | 0 | 0 | 7.79 | -26.16 | 0.05 | -16.67 | 10.7 | 0.0 | 3.5 | 8.7 | 1.11 | 0.0 | 11.68 | 18.94 | 16.29 | 15.12 | 1.57 | 1.29 | 13.25 | 16.53 | 0.00 | -6.0 |
| 2022 (9) | 12.13 | 10.98 | 2.9 | 20.83 | 4.99 | 54.01 | 0 | 0 | 28.82 | -19.92 | 2.67 | -47.65 | 6.93 | -20.25 | 24.05 | -0.41 | 6.89 | -9.22 | 0 | 0 | 10.55 | 65.36 | 0.06 | -14.29 | 10.7 | 0.0 | 3.22 | 18.82 | 1.11 | 0.0 | 9.82 | -8.91 | 14.15 | -3.08 | 1.55 | -37.5 | 11.37 | -14.25 | 0.00 | -7.53 |
| 2021 (8) | 10.93 | 10.63 | 2.4 | 4.35 | 3.24 | 14.89 | 0 | 0 | 35.99 | 19.17 | 5.1 | 129.73 | 8.69 | 12.71 | 24.15 | -5.42 | 7.59 | 20.29 | 0 | 0 | 6.38 | 111.96 | 0.07 | 16.67 | 10.7 | 0.0 | 2.71 | 8.84 | 1.11 | 0.0 | 10.78 | 43.54 | 14.6 | 31.41 | 2.48 | 92.25 | 13.26 | 50.68 | 0.00 | -39.94 |
| 2020 (7) | 9.88 | -12.1 | 2.3 | 64.29 | 2.82 | 27.6 | 0 | 0 | 30.2 | 14.87 | 2.22 | 59.71 | 7.71 | 5.91 | 25.53 | -7.81 | 6.31 | 45.73 | 0 | 0 | 3.01 | -5.35 | 0.06 | 0.0 | 10.7 | 0.0 | 2.49 | 5.51 | 1.11 | 0.0 | 7.51 | 15.72 | 11.11 | 11.55 | 1.29 | 0.78 | 8.8 | 13.26 | 0.00 | -3.82 |
| 2019 (6) | 11.24 | -2.85 | 1.4 | -30.0 | 2.21 | -20.5 | 0 | 0 | 26.29 | -4.68 | 1.39 | -13.12 | 7.28 | 12.52 | 27.69 | 18.04 | 4.33 | -3.35 | 0 | 0 | 3.18 | 261.36 | 0.06 | 0.0 | 10.7 | 0.0 | 2.36 | 7.27 | 1.11 | 0.0 | 6.49 | 0.0 | 9.96 | 1.63 | 1.28 | 0 | 7.77 | 24.52 | 0.00 | -5.7 |
| 2018 (5) | 11.57 | 0.96 | 2.0 | 0 | 2.78 | -14.2 | 0 | 0 | 27.58 | -3.36 | 1.6 | 15.11 | 6.47 | -11.0 | 23.46 | -7.91 | 4.48 | -8.38 | 0 | 0 | 0.88 | -75.96 | 0.06 | -25.0 | 10.7 | 0.0 | 2.2 | 6.8 | 1.11 | 0.0 | 6.49 | 6.74 | 9.8 | 6.06 | -0.25 | 0 | 6.24 | 17.74 | 0.00 | 13.51 |
| 2017 (4) | 11.46 | -9.34 | 0 | 0 | 3.24 | -21.36 | 0 | 0 | 28.54 | -3.87 | 1.39 | 43.3 | 7.27 | -20.46 | 25.47 | -17.25 | 4.89 | 7.71 | 0 | 0 | 3.66 | -3.68 | 0.08 | 14.29 | 10.7 | 0.0 | 2.06 | 5.1 | 1.11 | 0.0 | 6.08 | 11.36 | 9.24 | 8.32 | -0.78 | 0 | 5.3 | 7.72 | 0.00 | -1.8 |
| 2016 (3) | 12.64 | -11.17 | 0 | 0 | 4.12 | 21.18 | 0 | 0 | 29.69 | 5.4 | 0.97 | -5.83 | 9.14 | 15.7 | 30.78 | 9.77 | 4.54 | 52.86 | 0 | 0 | 3.8 | -15.37 | 0.07 | 133.33 | 10.7 | 0.0 | 1.96 | 5.38 | 1.11 | 0.0 | 5.46 | 1.68 | 8.53 | 2.4 | -0.54 | 0 | 4.92 | -10.05 | 0.00 | 11.85 |
| 2015 (2) | 14.23 | 21.11 | 0 | 0 | 3.4 | -3.68 | 0 | 0 | 28.17 | -2.32 | 1.03 | -23.7 | 7.9 | 3.81 | 28.04 | 6.28 | 2.97 | -12.39 | 0 | 0 | 4.49 | 31.67 | 0.03 | -25.0 | 10.7 | 0.0 | 1.86 | 8.14 | 1.11 | 0.0 | 5.37 | -0.37 | 8.33 | 1.34 | 0.1 | -80.0 | 5.47 | -7.13 | 0.00 | 1.05 |
| 2014 (1) | 11.75 | 5.0 | 0.48 | 0 | 3.53 | -34.26 | 0 | 0 | 28.84 | -8.76 | 1.35 | 56.98 | 7.61 | -8.64 | 26.39 | 0.13 | 3.39 | 13.38 | 0 | 0 | 3.41 | 7.91 | 0.04 | 100.0 | 10.7 | 0.0 | 1.72 | 4.88 | 1.11 | 0.0 | 5.39 | 14.44 | 8.22 | 10.34 | 0.5 | 0 | 5.89 | 29.45 | 0.00 | 5.22 |
| 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) | 18.55 | -6.64 | -3.79 | 2.55 | -10.53 | -22.02 | 5.84 | -5.04 | -10.15 | 0 | 0 | 0 | 7.87 | 9.31 | 6.78 | 0.42 | -31.15 | -4.55 | 7.3 | 3.84 | -4.82 | 24.77 | 2.08 | -16.93 | 4.91 | 6.51 | 5.82 | 0 | 0 | 0 | 5.4 | -7.69 | -44.33 | 0.05 | 25.0 | 0.0 | 10.7 | 0.0 | 0.0 | 3.82 | 0.0 | 9.14 | 1.11 | 0.0 | 0.0 | 12.8 | 3.39 | 13.98 | 17.73 | 2.43 | 11.93 | 1.77 | 205.17 | 126.92 | 14.57 | 12.42 | 21.32 | 0.00 | 7.68 | 3.87 |
| 24Q2 (19) | 19.87 | 0.3 | 24.34 | 2.85 | -5.94 | 72.73 | 6.15 | -7.8 | 1.32 | 0 | 0 | 0 | 7.2 | 4.96 | 7.46 | 0.61 | -27.38 | 32.61 | 7.03 | 3.84 | 3.23 | 24.27 | 2.05 | -7.89 | 4.61 | 0.0 | -14.79 | 0 | 0 | 0 | 5.85 | -20.3 | -47.91 | 0.04 | -20.0 | -20.0 | 10.7 | 0.0 | 0.0 | 3.82 | 9.14 | 9.14 | 1.11 | 0.0 | 0.0 | 12.38 | 8.31 | 40.05 | 17.31 | 7.99 | 28.79 | 0.58 | -55.04 | -71.57 | 12.96 | 1.89 | 19.12 | 0.00 | -1.58 | -6.66 |
| 24Q1 (18) | 19.81 | 7.2 | 44.81 | 3.03 | -5.31 | 102.0 | 6.67 | -1.33 | 20.4 | 0 | 0 | 0 | 6.86 | -9.02 | 24.95 | 0.84 | 90.91 | 940.0 | 6.77 | -10.09 | 12.09 | 23.78 | -14.42 | 4.45 | 4.61 | -5.73 | -27.52 | 0 | 0 | 0 | 7.34 | -5.78 | -33.33 | 0.05 | 0.0 | 0.0 | 10.7 | 0.0 | 0.0 | 3.5 | 0.0 | 8.7 | 1.11 | 0.0 | 0.0 | 11.43 | -2.14 | 32.14 | 16.03 | -1.6 | 23.5 | 1.29 | -17.83 | -47.77 | 12.72 | -4.0 | 14.39 | 0.00 | 1.52 | -5.28 |
| 23Q4 (17) | 18.48 | -4.15 | 52.35 | 3.2 | -2.14 | 10.34 | 6.76 | 4.0 | 35.47 | 0 | 0 | 0 | 7.54 | 2.31 | 22.4 | 0.44 | 0.0 | 189.8 | 7.53 | -1.83 | 8.66 | 27.79 | -6.82 | 15.55 | 4.89 | 5.39 | -29.03 | 0 | 0 | 0 | 7.79 | -19.69 | -26.16 | 0.05 | 0.0 | -16.67 | 10.7 | 0.0 | 0.0 | 3.5 | 0.0 | 8.7 | 1.11 | 0.0 | 0.0 | 11.68 | 4.01 | 18.94 | 16.29 | 2.84 | 15.12 | 1.57 | 101.28 | 1.29 | 13.25 | 10.32 | 16.53 | 0.00 | -3.46 | -6.0 |
| 23Q3 (16) | 19.28 | 20.65 | 93.96 | 3.27 | 98.18 | -17.63 | 6.5 | 7.08 | 66.24 | 0 | 0 | 0 | 7.37 | 10.0 | -1.73 | 0.44 | -4.35 | -54.64 | 7.67 | 12.63 | -2.29 | 29.82 | 13.2 | 21.56 | 4.64 | -14.23 | -44.5 | 0 | 0 | 0 | 9.7 | -13.62 | 16.73 | 0.05 | 0.0 | -16.67 | 10.7 | 0.0 | 0.0 | 3.5 | 0.0 | 8.7 | 1.11 | 0.0 | 0.0 | 11.23 | 27.04 | 9.88 | 15.84 | 17.86 | 8.87 | 0.78 | -61.76 | 95.0 | 12.01 | 10.39 | 13.09 | 0.00 | -3.24 | 8.82 |
| 23Q2 (15) | 15.98 | 16.81 | 47.28 | 1.65 | 10.0 | -40.22 | 6.07 | 9.57 | 74.93 | 0 | 0 | 0 | 6.7 | 22.04 | -9.21 | 0.46 | 560.0 | -56.6 | 6.81 | 12.75 | -11.21 | 26.34 | 15.71 | 16.09 | 5.41 | -14.94 | -41.64 | 0 | 0 | 0 | 11.23 | 2.0 | 70.93 | 0.05 | 0.0 | -28.57 | 10.7 | 0.0 | 0.0 | 3.5 | 8.7 | 8.7 | 1.11 | 0.0 | 0.0 | 8.84 | 2.2 | -4.54 | 13.44 | 3.54 | -1.1 | 2.04 | -17.41 | 148.78 | 10.88 | -2.16 | 7.94 | 0.00 | -0.12 | 10.63 |
| 23Q1 (14) | 13.68 | 12.78 | 20.53 | 1.5 | -48.28 | -60.63 | 5.54 | 11.02 | 82.84 | 0 | 0 | 0 | 5.49 | -10.88 | -29.43 | -0.1 | 79.59 | -108.77 | 6.04 | -12.84 | -26.79 | 22.77 | -5.32 | -1.59 | 6.36 | -7.69 | -22.25 | 0 | 0 | 0 | 11.01 | 4.36 | 90.48 | 0.05 | -16.67 | -28.57 | 10.7 | 0.0 | 0.0 | 3.22 | 0.0 | 18.82 | 1.11 | 0.0 | 0.0 | 8.65 | -11.91 | -0.69 | 12.98 | -8.27 | 3.59 | 2.47 | 59.35 | -23.77 | 11.12 | -2.2 | -6.95 | 0.00 | 0.74 | -10.27 |
| 22Q4 (13) | 12.13 | 22.03 | 10.98 | 2.9 | -26.95 | 20.83 | 4.99 | 27.62 | 54.01 | 0 | 0 | 0 | 6.16 | -17.87 | -34.05 | -0.49 | -150.52 | -134.27 | 6.93 | -11.72 | -20.25 | 24.05 | -1.98 | -0.41 | 6.89 | -17.58 | -9.22 | 0 | 0 | 0 | 10.55 | 26.96 | 65.36 | 0.06 | 0.0 | -14.29 | 10.7 | 0.0 | 0.0 | 3.22 | 0.0 | 18.82 | 1.11 | 0.0 | 0.0 | 9.82 | -3.91 | -8.91 | 14.15 | -2.75 | -3.08 | 1.55 | 287.5 | -37.5 | 11.37 | 7.06 | -14.25 | 0.00 | 11.76 | -7.53 |
| 22Q3 (12) | 9.94 | -8.39 | -8.72 | 3.97 | 43.84 | 32.33 | 3.91 | 12.68 | 18.48 | 0 | 0 | 0 | 7.5 | 1.63 | -19.35 | 0.97 | -8.49 | -36.6 | 7.85 | 2.35 | -10.18 | 24.53 | 8.1 | -1.45 | 8.36 | -9.82 | 21.69 | 0 | 0 | 0 | 8.31 | 26.48 | 55.33 | 0.06 | -14.29 | -14.29 | 10.7 | 0.0 | 0.0 | 3.22 | 0.0 | 18.82 | 1.11 | 0.0 | 0.0 | 10.22 | 10.37 | 9.3 | 14.55 | 7.06 | 10.48 | 0.4 | -51.22 | -70.59 | 10.62 | 5.36 | -0.84 | 0.00 | -1.63 | -46.85 |
| 22Q2 (11) | 10.85 | -4.41 | 21.23 | 2.76 | -27.56 | 84.0 | 3.47 | 14.52 | -1.7 | 0 | 0 | 0 | 7.38 | -5.14 | -20.13 | 1.06 | -7.02 | -19.7 | 7.67 | -7.03 | -11.43 | 22.69 | -1.91 | -10.65 | 9.27 | 13.33 | 48.56 | 0 | 0 | 0 | 6.57 | 13.67 | 70.21 | 0.07 | 0.0 | -12.5 | 10.7 | 0.0 | 0.0 | 3.22 | 18.82 | 18.82 | 1.11 | 0.0 | 0.0 | 9.26 | 6.31 | 18.41 | 13.59 | 8.46 | 16.75 | 0.82 | -74.69 | -66.26 | 10.08 | -15.65 | -1.66 | 0.00 | -18.99 | -46.73 |
| 22Q1 (10) | 11.35 | 3.84 | 21.78 | 3.81 | 58.75 | 138.12 | 3.03 | -6.48 | -14.89 | 0 | 0 | 0 | 7.78 | -16.7 | -4.07 | 1.14 | -20.28 | 40.74 | 8.25 | -5.06 | 3.38 | 23.14 | -4.18 | -7.0 | 8.18 | 7.77 | 30.67 | 0 | 0 | 0 | 5.78 | -9.4 | 58.79 | 0.07 | 0.0 | 16.67 | 10.7 | 0.0 | 0.0 | 2.71 | 0.0 | 8.84 | 1.11 | 0.0 | 0.0 | 8.71 | -19.2 | 29.61 | 12.53 | -14.18 | 21.41 | 3.24 | 30.65 | 60.4 | 11.95 | -9.88 | 36.73 | 0.00 | 3.82 | -37.77 |
| 21Q4 (9) | 10.93 | 0.37 | 10.63 | 2.4 | -20.0 | 4.35 | 3.24 | -1.82 | 14.89 | 0 | 0 | 0 | 9.34 | 0.43 | 10.4 | 1.43 | -6.54 | 142.37 | 8.69 | -0.57 | 12.71 | 24.15 | -3.0 | -5.42 | 7.59 | 10.48 | 20.29 | 0 | 0 | 0 | 6.38 | 19.25 | 111.96 | 0.07 | 0.0 | 16.67 | 10.7 | 0.0 | 0.0 | 2.71 | 0.0 | 8.84 | 1.11 | 0.0 | 0.0 | 10.78 | 15.29 | 43.54 | 14.6 | 10.86 | 31.41 | 2.48 | 82.35 | 92.25 | 13.26 | 23.81 | 50.68 | 0.00 | -35.76 | -39.94 |
| 21Q3 (8) | 10.89 | 21.68 | 8.9 | 3.0 | 100.0 | 66.67 | 3.3 | -6.52 | 25.0 | 0 | 0 | 0 | 9.3 | 0.65 | 12.18 | 1.53 | 15.91 | 135.38 | 8.74 | 0.92 | 11.34 | 24.89 | -1.98 | -7.82 | 6.87 | 10.1 | 18.24 | 0 | 0 | 0 | 5.35 | 38.6 | 42.67 | 0.07 | -12.5 | 16.67 | 10.7 | 0.0 | 0.0 | 2.71 | 0.0 | 8.84 | 1.11 | 0.0 | 0.0 | 9.35 | 19.57 | 34.92 | 13.17 | 13.14 | 25.19 | 1.36 | -44.03 | 27.1 | 10.71 | 4.49 | 33.88 | 0.00 | -1.4 | -8.94 |
| 21Q2 (7) | 8.95 | -3.97 | -11.03 | 1.5 | -6.25 | 50.0 | 3.53 | -0.84 | 35.77 | 0 | 0 | 0 | 9.24 | 13.93 | 27.98 | 1.32 | 62.96 | 140.0 | 8.66 | 8.52 | 24.25 | 25.40 | 2.09 | 0 | 6.24 | -0.32 | 11.23 | 0 | 0 | 0 | 3.86 | 6.04 | 32.19 | 0.08 | 33.33 | 33.33 | 10.7 | 0.0 | 0.0 | 2.71 | 8.84 | 8.84 | 1.11 | 0.0 | 0.0 | 7.82 | 16.37 | 24.72 | 11.64 | 12.79 | 17.93 | 2.43 | 20.3 | 311.86 | 10.25 | 17.28 | 49.42 | 0.00 | -5.35 | -11.14 |
| 21Q1 (6) | 9.32 | -5.67 | -18.74 | 1.6 | -30.43 | 166.67 | 3.56 | 26.24 | 43.55 | 0 | 0 | 0 | 8.11 | -4.14 | 30.18 | 0.81 | 37.29 | 88.37 | 7.98 | 3.5 | 21.46 | 24.88 | -2.56 | 0 | 6.26 | -0.79 | 27.49 | 0 | 0 | 0 | 3.64 | 20.93 | 7.06 | 0.06 | 0.0 | -14.29 | 10.7 | 0.0 | 0.0 | 2.49 | 0.0 | 5.51 | 1.11 | 0.0 | 0.0 | 6.72 | -10.52 | -2.89 | 10.32 | -7.11 | -0.67 | 2.02 | 56.59 | 4950.0 | 8.74 | -0.68 | 25.57 | 0.00 | 0.2 | 1.54 |
| 20Q4 (5) | 9.88 | -1.2 | -12.1 | 2.3 | 27.78 | 64.29 | 2.82 | 6.82 | 27.6 | 0 | 0 | 0 | 8.46 | 2.05 | 15.42 | 0.59 | -9.23 | 78.79 | 7.71 | -1.78 | 5.91 | 25.53 | -5.46 | 0 | 6.31 | 8.61 | 45.73 | 0 | 0 | 0 | 3.01 | -19.73 | -5.35 | 0.06 | 0.0 | 0.0 | 10.7 | 0.0 | 0.0 | 2.49 | 0.0 | 5.51 | 1.11 | 0.0 | 0.0 | 7.51 | 8.37 | 15.72 | 11.11 | 5.61 | 11.55 | 1.29 | 20.56 | 0.78 | 8.8 | 10.0 | 13.26 | 0.00 | -2.61 | -3.82 |
| 20Q3 (4) | 10.0 | -0.6 | 0.0 | 1.8 | 80.0 | 0.0 | 2.64 | 1.54 | 0.0 | 0 | 0 | 0.0 | 8.29 | 14.82 | 0.0 | 0.65 | 18.18 | 0.0 | 7.85 | 12.63 | 0.0 | 27.00 | 0 | 0.0 | 5.81 | 3.57 | 0.0 | 0 | 0 | 0.0 | 3.75 | 28.42 | 0.0 | 0.06 | 0.0 | 0.0 | 10.7 | 0.0 | 0.0 | 2.49 | 0.0 | 0.0 | 1.11 | 0.0 | 0.0 | 6.93 | 10.53 | 0.0 | 10.52 | 6.59 | 0.0 | 1.07 | 81.36 | 0.0 | 8.0 | 16.62 | 0.0 | 0.00 | -3.78 | 0.0 |
