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) | 16.98 | 15.98 | 17.08 | -30.85 | 0 | 0 | 0 | 0 | 57.66 | -27.17 | 1.79 | -80.16 | 9.43 | -50.96 | 16.35 | -32.67 | 16.81 | -30.34 | 1.74 | -6.95 | 0 | 0 | 0.51 | -7.27 | 14.12 | 0.0 | 4.28 | 27.0 | 0.3 | -54.55 | 9.88 | -23.29 | 14.46 | -14.49 | -0.21 | 0 | 9.67 | -23.13 | 0.03 | 22.42 |
| 2022 (9) | 14.64 | 106.49 | 24.7 | -2.87 | 0 | 0 | 0 | 0 | 79.17 | 16.75 | 9.02 | 535.21 | 19.23 | 12.13 | 24.29 | -3.96 | 24.13 | -13.26 | 1.87 | -2.6 | 0 | 0 | 0.55 | -24.66 | 14.12 | 0.0 | 3.37 | 4.66 | 0.66 | 43.48 | 12.88 | 134.61 | 16.91 | 84.41 | -0.3 | 0 | 12.58 | 160.46 | 0.03 | -63.17 |
| 2021 (8) | 7.09 | -14.99 | 25.43 | 35.12 | 0.05 | 0.0 | 0 | 0 | 67.81 | 1.18 | 1.42 | -5.33 | 17.15 | 3.38 | 25.29 | 2.17 | 27.82 | 88.87 | 1.92 | 9.09 | 0 | 0 | 0.73 | -7.59 | 14.12 | 0.0 | 3.22 | 3.54 | 0.46 | -44.58 | 5.49 | 12.27 | 9.17 | 3.85 | -0.66 | 0 | 4.83 | 9.03 | 0.07 | 5.18 |
| 2020 (7) | 8.34 | 14.56 | 18.82 | -17.56 | 0.05 | -89.8 | 0 | 0 | 67.02 | -7.08 | 1.5 | -33.92 | 16.59 | -3.6 | 24.75 | 3.75 | 14.73 | -21.31 | 1.76 | -0.56 | 0.05 | 0 | 0.79 | 23.44 | 14.12 | 0.0 | 3.11 | 7.61 | 0.83 | 492.86 | 4.89 | -16.7 | 8.83 | -0.79 | -0.46 | 0 | 4.43 | -12.1 | 0.07 | 25.51 |
| 2019 (6) | 7.28 | 49.79 | 22.83 | 9.23 | 0.49 | -55.86 | 0 | 0 | 72.13 | 8.66 | 2.27 | 33.53 | 17.21 | 1.35 | 23.86 | -6.73 | 18.72 | -4.2 | 1.77 | -31.13 | 0 | 0 | 0.64 | 6.67 | 14.12 | 0.0 | 2.89 | 6.25 | 0.14 | 16.67 | 5.87 | 22.04 | 8.9 | 16.34 | -0.83 | 0 | 5.04 | 29.23 | 0.06 | 134.77 |
| 2018 (5) | 4.86 | -1.02 | 20.9 | 35.71 | 1.11 | 0.0 | 0 | 0 | 66.38 | 4.31 | 1.7 | 22.3 | 16.98 | 26.34 | 25.58 | 21.12 | 19.54 | 18.21 | 2.57 | 42.78 | 0.49 | -69.38 | 0.6 | 20.0 | 14.12 | 0.0 | 2.72 | 5.43 | 0.12 | 500.0 | 4.81 | 41.89 | 7.65 | 27.71 | -0.91 | 0 | 3.9 | 19.27 | 0.02 | 143.63 |
| 2017 (4) | 4.91 | 4.69 | 15.4 | 19.38 | 1.11 | 0.0 | 0 | 0 | 63.64 | 4.23 | 1.39 | -38.5 | 13.44 | -7.69 | 21.12 | -11.43 | 16.53 | 23.73 | 1.8 | -1.1 | 1.6 | -40.96 | 0.5 | 8.7 | 14.12 | 0.28 | 2.58 | 9.79 | 0.02 | 0 | 3.39 | -22.6 | 5.99 | -11.0 | -0.12 | 0 | 3.27 | -25.0 | 0.01 | 0 |
| 2016 (3) | 4.69 | 13.83 | 12.9 | 74.32 | 1.11 | 0.0 | 0 | 0 | 61.06 | 10.86 | 2.26 | 15.31 | 14.56 | 32.24 | 23.85 | 19.29 | 13.36 | 31.11 | 1.82 | -0.55 | 2.71 | -29.06 | 0.46 | 0.0 | 14.08 | 0.36 | 2.35 | 8.8 | 0 | 0 | 4.38 | 7.35 | 6.73 | 8.03 | -0.02 | 0 | 4.36 | 5.57 | 0.00 | 0 |
| 2015 (2) | 4.12 | -22.85 | 7.4 | 20.92 | 1.11 | 0.91 | 0 | 0 | 55.08 | 2.27 | 1.96 | -59.75 | 11.01 | 6.27 | 19.99 | 3.92 | 10.19 | 7.15 | 1.83 | -1.08 | 3.82 | -22.83 | 0.46 | 39.39 | 14.03 | 0.86 | 2.16 | 29.34 | 0 | 0 | 4.08 | -23.02 | 6.23 | -11.51 | 0.05 | 400.0 | 4.13 | -22.22 | 0.00 | -59.06 |
| 2014 (1) | 5.34 | 101.51 | 6.12 | 14.61 | 1.1 | 74.6 | 0 | 0 | 53.86 | 29.1 | 4.87 | 175.14 | 10.36 | 19.22 | 19.24 | -7.65 | 9.51 | 57.71 | 1.85 | -52.81 | 4.95 | -28.98 | 0.33 | 83.33 | 13.91 | 8.42 | 1.67 | 12.08 | 0.07 | 75.0 | 5.3 | 142.01 | 7.04 | 89.25 | 0.01 | 0 | 5.31 | 150.47 | 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) | 13.91 | -13.98 | -20.97 | 12.92 | -3.22 | -28.42 | 0.01 | 0 | 0 | 0 | 0 | 0 | 15.01 | 29.29 | 7.21 | 0.25 | 127.27 | -70.59 | 11.52 | 21.9 | -13.45 | 22.72 | 19.48 | 13.68 | 15.56 | -3.77 | -18.83 | 1.71 | -0.58 | -2.84 | 0.34 | 0 | 0 | 0.37 | -9.76 | -13.95 | 14.12 | 0.0 | 0.0 | 4.46 | 0.0 | 4.21 | 0.21 | 0.0 | -30.0 | 8.28 | 3.11 | -20.08 | 12.95 | 1.97 | -13.32 | -0.06 | -130.0 | -120.0 | 8.22 | -0.12 | -22.89 | 0.02 | -18.13 | -38.6 |
| 24Q2 (19) | 16.17 | 6.66 | -0.37 | 13.35 | -5.39 | -29.74 | 0 | 0 | 0 | 0 | 0 | 0 | 11.61 | -0.34 | -20.42 | 0.11 | 155.0 | -15.38 | 9.45 | 15.67 | -31.92 | 19.02 | 22.6 | 0.36 | 16.17 | 5.0 | -21.04 | 1.72 | -0.58 | -3.91 | 0 | 0 | 0 | 0.41 | -8.89 | -10.87 | 14.12 | 0.0 | 0.0 | 4.46 | 4.21 | 4.21 | 0.21 | -30.0 | -30.0 | 8.03 | -17.22 | -15.56 | 12.7 | -11.13 | -9.93 | 0.2 | 122.22 | 195.24 | 8.23 | -15.93 | -11.51 | 0.03 | -15.18 | -24.54 |
| 24Q1 (18) | 15.16 | -10.72 | 14.16 | 14.11 | -17.39 | -35.13 | 0 | 0 | 0 | 0 | 0 | 0 | 11.65 | -6.28 | -29.99 | -0.2 | 58.33 | -115.38 | 8.17 | -13.36 | -46.78 | 15.51 | -5.15 | -20.62 | 15.4 | -8.39 | -31.53 | 1.73 | -0.57 | -5.46 | 0 | 0 | 0 | 0.45 | -11.76 | -8.16 | 14.12 | 0.0 | 0.0 | 4.28 | 0.0 | 27.0 | 0.3 | 0.0 | -54.55 | 9.7 | -1.82 | -31.59 | 14.29 | -1.18 | -21.53 | 0.09 | 142.86 | 121.43 | 9.79 | 1.24 | -28.85 | 0.03 | -1.25 | -1.24 |
| 23Q4 (17) | 16.98 | -3.52 | 15.98 | 17.08 | -5.37 | -30.85 | 0 | 0 | 0 | 0 | 0 | 0 | 12.43 | -11.21 | -41.81 | -0.48 | -156.47 | -181.36 | 9.43 | -29.15 | -50.96 | 16.35 | -18.18 | -32.68 | 16.81 | -12.31 | -30.34 | 1.74 | -1.14 | -6.95 | 0 | 0 | 0 | 0.51 | 18.6 | -7.27 | 14.12 | 0.0 | 0.0 | 4.28 | 0.0 | 27.0 | 0.3 | 0.0 | -54.55 | 9.88 | -4.63 | -23.29 | 14.46 | -3.21 | -14.49 | -0.21 | -170.0 | 30.0 | 9.67 | -9.29 | -23.13 | 0.03 | -10.46 | 22.42 |
| 23Q3 (16) | 17.6 | 8.44 | 127.1 | 18.05 | -5.0 | -32.02 | 0 | 0 | 0 | 0 | 0 | 0 | 14.0 | -4.04 | -32.24 | 0.85 | 553.85 | -86.94 | 13.31 | -4.11 | -34.79 | 19.99 | 5.48 | -22.79 | 19.17 | -6.4 | -13.02 | 1.76 | -1.68 | -7.37 | 0 | 0 | 0 | 0.43 | -6.52 | -14.0 | 14.12 | 0.0 | 0.0 | 4.28 | 0.0 | 27.0 | 0.3 | 0.0 | -54.55 | 10.36 | 8.94 | -15.57 | 14.94 | 5.96 | -8.29 | 0.3 | 242.86 | 171.43 | 10.66 | 14.62 | -10.04 | 0.04 | 0.62 | 29.88 |
| 23Q2 (15) | 16.23 | 22.21 | 84.01 | 19.0 | -12.64 | -30.93 | 0 | 0 | -100.0 | 0 | 0 | 0 | 14.59 | -12.32 | -26.65 | 0.13 | -90.0 | -86.87 | 13.88 | -9.58 | -17.04 | 18.95 | -3.03 | -13.5 | 20.48 | -8.94 | -31.53 | 1.79 | -2.19 | -6.28 | 0 | 0 | 0 | 0.46 | -6.12 | -22.03 | 14.12 | 0.0 | 0.0 | 4.28 | 27.0 | 27.0 | 0.3 | -54.55 | -54.55 | 9.51 | -32.93 | 65.1 | 14.1 | -22.57 | 44.02 | -0.21 | 50.0 | 64.41 | 9.3 | -32.41 | 79.88 | 0.04 | 11.0 | -53.68 |
| 23Q1 (14) | 13.28 | -9.29 | 56.79 | 21.75 | -11.94 | -23.76 | 0 | 0 | -100.0 | 0 | 0 | 0 | 16.64 | -22.1 | -3.54 | 1.3 | 120.34 | 39.78 | 15.35 | -20.18 | -0.26 | 19.54 | -19.56 | -8.92 | 22.49 | -6.8 | -24.02 | 1.83 | -2.14 | -5.18 | 0 | 0 | 0 | 0.49 | -10.91 | -26.87 | 14.12 | 0.0 | 0.0 | 3.37 | 0.0 | 4.66 | 0.66 | 0.0 | 43.48 | 14.18 | 10.09 | 120.87 | 18.21 | 7.69 | 80.3 | -0.42 | -40.0 | 17.65 | 13.76 | 9.38 | 132.83 | 0.03 | 22.42 | -56.67 |
| 22Q4 (13) | 14.64 | 88.9 | 106.49 | 24.7 | -6.97 | -2.87 | 0 | 0 | -100.0 | 0 | 0 | 0 | 21.36 | 3.39 | 1.52 | 0.59 | -90.94 | -30.59 | 19.23 | -5.78 | 12.13 | 24.29 | -6.16 | -3.95 | 24.13 | 9.48 | -13.26 | 1.87 | -1.58 | -2.6 | 0 | 0 | 0 | 0.55 | 10.0 | -24.66 | 14.12 | 0.0 | 0.0 | 3.37 | 0.0 | 4.66 | 0.66 | 0.0 | 43.48 | 12.88 | 4.97 | 134.61 | 16.91 | 3.81 | 84.41 | -0.3 | 28.57 | 54.55 | 12.58 | 6.16 | 160.46 | 0.03 | -5.01 | -63.17 |
| 22Q3 (12) | 7.75 | -12.13 | 29.38 | 26.55 | -3.49 | 22.01 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 20.66 | 3.87 | 13.58 | 6.51 | 557.58 | 724.05 | 20.41 | 22.0 | 33.92 | 25.89 | 18.17 | 10.7 | 22.04 | -26.31 | -12.12 | 1.9 | -0.52 | -0.52 | 0 | 0 | -100.0 | 0.5 | -15.25 | -21.88 | 14.12 | 0.0 | 0.0 | 3.37 | 0.0 | 4.66 | 0.66 | 0.0 | 43.48 | 12.27 | 113.02 | 167.32 | 16.29 | 66.39 | 96.98 | -0.42 | 28.81 | 39.13 | 11.85 | 129.21 | 203.85 | 0.03 | -64.11 | -60.19 |
| 22Q2 (11) | 8.82 | 4.13 | -4.85 | 27.51 | -3.58 | 35.45 | 0.03 | -25.0 | -40.0 | 0 | 0 | 0 | 19.89 | 15.3 | 30.43 | 0.99 | 6.45 | 725.0 | 16.73 | 8.71 | 29.89 | 21.91 | 2.1 | 8.19 | 29.91 | 1.05 | 40.69 | 1.91 | -1.04 | 9.14 | 0 | 0 | -100.0 | 0.59 | -11.94 | -15.71 | 14.12 | 0.0 | 0.0 | 3.37 | 4.66 | 8.36 | 0.66 | 43.48 | -20.48 | 5.76 | -10.28 | 23.34 | 9.79 | -3.07 | 13.7 | -0.59 | -15.69 | 7.81 | 5.17 | -12.52 | 28.29 | 0.08 | 3.82 | 9.94 |
| 22Q1 (10) | 8.47 | 19.46 | 4.57 | 28.53 | 12.19 | 50.4 | 0.04 | -20.0 | -20.0 | 0 | 0 | 0 | 17.25 | -18.01 | 29.41 | 0.93 | 9.41 | 373.53 | 15.39 | -10.26 | 14.0 | 21.46 | -15.17 | 3.27 | 29.6 | 6.4 | 88.54 | 1.93 | 0.52 | 10.29 | 0 | 0 | -100.0 | 0.67 | -8.22 | -6.94 | 14.12 | 0.0 | 0.0 | 3.22 | 0.0 | 3.54 | 0.46 | 0.0 | -44.58 | 6.42 | 16.94 | 41.1 | 10.1 | 10.14 | 18.96 | -0.51 | 22.73 | 8.93 | 5.91 | 22.36 | 48.12 | 0.08 | 4.07 | 8.75 |
| 21Q4 (9) | 7.09 | 18.36 | -14.99 | 25.43 | 16.87 | 35.12 | 0.05 | 0.0 | 0.0 | 0 | 0 | 0 | 21.04 | 15.67 | 14.35 | 0.85 | 7.59 | 44.07 | 17.15 | 12.53 | 3.38 | 25.29 | 8.15 | 2.17 | 27.82 | 10.93 | 88.87 | 1.92 | 0.52 | 9.09 | 0 | -100.0 | -100.0 | 0.73 | 14.06 | -7.59 | 14.12 | 0.0 | 0.0 | 3.22 | 0.0 | 3.54 | 0.46 | 0.0 | -44.58 | 5.49 | 19.61 | 12.27 | 9.17 | 10.88 | 3.85 | -0.66 | 4.35 | -43.48 | 4.83 | 23.85 | 9.03 | 0.07 | 2.68 | 5.18 |
| 21Q3 (8) | 5.99 | -35.38 | -43.6 | 21.76 | 7.14 | 0.42 | 0.05 | 0.0 | 25.0 | 0 | 0 | 0 | 18.19 | 19.28 | 9.38 | 0.79 | 558.33 | 102.56 | 15.24 | 18.32 | 13.65 | 23.38 | 15.49 | 21.34 | 25.08 | 17.97 | 47.36 | 1.91 | 9.14 | 8.52 | 0.01 | -66.67 | -80.0 | 0.64 | -8.57 | -7.25 | 14.12 | 0.0 | 0.0 | 3.22 | 3.54 | 3.54 | 0.46 | -44.58 | -44.58 | 4.59 | -1.71 | -2.96 | 8.27 | -3.95 | -4.72 | -0.69 | -7.81 | 25.81 | 3.9 | -3.23 | 2.63 | 0.07 | -0.91 | 14.5 |
| 21Q2 (7) | 9.27 | 14.44 | 38.15 | 20.31 | 7.06 | 2.73 | 0.05 | 0.0 | 0 | 0 | 0 | 0 | 15.25 | 14.4 | -8.24 | 0.12 | 135.29 | -64.71 | 12.88 | -4.59 | -13.85 | 20.25 | -2.54 | 0 | 21.26 | 35.41 | 14.18 | 1.75 | 0.0 | -0.57 | 0.03 | -25.0 | -40.0 | 0.7 | -2.78 | -4.11 | 14.12 | 0.0 | 0.0 | 3.11 | 0.0 | 0.0 | 0.83 | 0.0 | 0.0 | 4.67 | 2.64 | 7.6 | 8.61 | 1.41 | 3.86 | -0.64 | -14.29 | 31.18 | 4.03 | 1.0 | 18.18 | 0.07 | 2.7 | 17.1 |
| 21Q1 (6) | 8.1 | -2.88 | -7.0 | 18.97 | 0.8 | -11.85 | 0.05 | 0.0 | 0 | 0 | 0 | 0 | 13.33 | -27.55 | -13.27 | -0.34 | -157.63 | -300.0 | 13.5 | -18.63 | 1.96 | 20.78 | -16.07 | 0 | 15.7 | 6.59 | -13.78 | 1.75 | -0.57 | -1.13 | 0.04 | -20.0 | 0 | 0.72 | -8.86 | 1.41 | 14.12 | 0.0 | 0.0 | 3.11 | 0.0 | 7.61 | 0.83 | 0.0 | 492.86 | 4.55 | -6.95 | -24.67 | 8.49 | -3.85 | -6.39 | -0.56 | -21.74 | 37.08 | 3.99 | -9.93 | -22.52 | 0.07 | 0.66 | 27.69 |
| 20Q4 (5) | 8.34 | -21.47 | 14.56 | 18.82 | -13.15 | -17.56 | 0.05 | 25.0 | -89.8 | 0 | 0 | 0 | 18.4 | 10.64 | -12.21 | 0.59 | 51.28 | -9.23 | 16.59 | 23.71 | -3.6 | 24.75 | 28.44 | 0 | 14.73 | -13.45 | -21.31 | 1.76 | 0.0 | -0.56 | 0.05 | 0.0 | 0 | 0.79 | 14.49 | 23.44 | 14.12 | 0.0 | 0.0 | 3.11 | 0.0 | 7.61 | 0.83 | 0.0 | 492.86 | 4.89 | 3.38 | -16.7 | 8.83 | 1.73 | -0.79 | -0.46 | 50.54 | 44.58 | 4.43 | 16.58 | -12.1 | 0.07 | 11.77 | 25.51 |
| 20Q3 (4) | 10.62 | 58.27 | 0.0 | 21.67 | 9.61 | 0.0 | 0.04 | 0 | 0.0 | 0 | 0 | 0.0 | 16.63 | 0.06 | 0.0 | 0.39 | 14.71 | 0.0 | 13.41 | -10.3 | 0.0 | 19.27 | 0 | 0.0 | 17.02 | -8.59 | 0.0 | 1.76 | 0.0 | 0.0 | 0.05 | 0.0 | 0.0 | 0.69 | -5.48 | 0.0 | 14.12 | 0.0 | 0.0 | 3.11 | 0.0 | 0.0 | 0.83 | 0.0 | 0.0 | 4.73 | 8.99 | 0.0 | 8.68 | 4.7 | 0.0 | -0.93 | 0.0 | 0.0 | 3.8 | 11.44 | 0.0 | 0.06 | 1.35 | 0.0 |
