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) | 11.83 | -25.27 | 7.8 | -48.41 | 0 | 0 | 0 | 0 | 75.18 | -18.13 | 2.02 | -22.9 | 28.87 | 6.69 | 38.40 | 30.32 | 6.91 | -30.76 | 0.05 | -50.0 | 4.59 | 0.22 | 0.4 | 81.82 | 10.0 | 0.0 | 4.98 | 5.96 | 3.69 | 18.65 | 6.66 | -4.58 | 15.33 | 3.65 | -3.43 | 0 | 3.23 | -1.82 | 0.03 | -2.67 |
| 2022 (9) | 15.83 | 29.65 | 15.12 | 37.45 | 0 | 0 | 0 | 0 | 91.83 | -16.28 | 2.62 | -39.07 | 27.06 | -30.97 | 29.47 | -17.54 | 9.98 | -23.47 | 0.1 | 0 | 4.58 | -12.93 | 0.22 | -12.0 | 10.0 | 0.0 | 4.7 | 10.07 | 3.11 | 0.0 | 6.98 | -1.69 | 14.79 | 2.07 | -3.69 | 0 | 3.29 | -17.54 | 0.03 | 4.2 |
| 2021 (8) | 12.21 | 7.39 | 11.0 | 8.06 | 0 | 0 | 0 | 0 | 109.69 | 6.37 | 4.3 | 99.07 | 39.2 | 4.67 | 35.74 | -1.6 | 13.04 | 10.41 | 0 | 0 | 5.26 | -2.59 | 0.25 | 31.58 | 10.0 | 0.0 | 4.27 | 5.17 | 3.11 | -9.59 | 7.1 | 77.94 | 14.49 | 26.11 | -3.11 | 0 | 3.99 | 353.41 | 0.03 | -33.25 |
| 2020 (7) | 11.37 | -2.9 | 10.18 | 8.3 | 0 | 0 | 0 | 0 | 103.12 | 5.09 | 2.16 | 3.85 | 37.45 | 10.54 | 36.32 | 5.19 | 11.81 | 5.45 | 0 | 0 | 5.4 | -4.76 | 0.19 | 90.0 | 10.0 | 0.0 | 4.06 | 5.45 | 3.44 | 42.15 | 3.99 | -7.42 | 11.49 | 8.6 | -3.11 | 0 | 0.88 | 1.15 | 0.04 | 10.66 |
| 2019 (6) | 11.71 | -9.71 | 9.4 | -18.33 | 0 | 0 | 0 | 0 | 98.13 | 26.6 | 2.08 | 37.75 | 33.88 | 7.9 | 34.53 | -14.77 | 11.2 | 10.13 | 0 | 0 | 5.67 | -2.24 | 0.1 | -52.38 | 10.0 | 0.0 | 3.85 | 4.05 | 2.42 | 32.97 | 4.31 | 11.95 | 10.58 | 13.03 | -3.44 | 0 | 0.87 | -39.16 | 0.03 | 141.76 |
| 2018 (5) | 12.97 | -8.92 | 11.51 | 39.18 | 0 | 0 | 0 | 0 | 77.51 | -5.81 | 1.51 | 221.28 | 31.4 | 3.36 | 40.51 | 9.73 | 10.17 | 22.38 | 0 | 0 | 5.8 | -13.17 | 0.21 | -79.81 | 10.0 | 0.0 | 3.7 | 1.37 | 1.82 | 0.0 | 3.85 | 62.45 | 9.36 | 19.39 | -2.42 | 0 | 1.43 | 116.67 | 0.01 | 14.25 |
| 2017 (4) | 14.24 | 36.79 | 8.27 | -18.84 | 0 | 0 | 0 | 0 | 82.29 | -7.76 | 0.47 | 0 | 30.38 | -18.9 | 36.92 | -12.08 | 8.31 | -17.4 | 0.06 | 0 | 6.68 | -22.42 | 1.04 | -16.13 | 10.0 | 0.0 | 3.65 | 0.0 | 1.82 | 0.0 | 2.37 | 24.08 | 7.84 | 6.23 | -1.71 | 0 | 0.66 | -21.43 | 0.01 | 18.26 |
| 2016 (3) | 10.41 | -25.16 | 10.19 | 27.85 | 0 | 0 | 0 | 0 | 89.21 | -7.27 | -6.76 | 0 | 37.46 | -5.81 | 41.99 | 1.57 | 10.06 | -11.37 | 0 | 0 | 8.61 | -17.21 | 1.24 | 117.54 | 10.0 | 0.0 | 3.65 | 0.0 | 1.82 | 0.0 | 1.91 | -79.42 | 7.38 | -49.93 | -1.07 | 0 | 0.84 | -92.03 | 0.01 | 36.08 |
| 2015 (2) | 13.91 | 34.27 | 7.97 | -46.55 | 2.84 | 0 | 0 | 0 | 96.2 | -21.39 | 0.01 | -99.51 | 39.77 | -18.69 | 41.34 | 3.44 | 11.35 | -19.62 | 2.6 | -15.31 | 10.4 | -20.0 | 0.57 | -39.36 | 10.0 | 0.0 | 3.65 | 6.1 | 1.82 | 0.0 | 9.28 | -13.51 | 14.74 | -7.82 | 1.26 | -40.0 | 10.54 | -17.85 | 0.01 | 7.3 |
| 2014 (1) | 10.36 | -4.87 | 14.91 | -34.26 | 0 | 0 | 0 | 0 | 122.38 | 8.4 | 2.05 | 122.83 | 48.91 | 5.16 | 39.97 | -2.99 | 14.12 | 2.69 | 3.07 | -12.78 | 13.0 | 36.27 | 0.94 | 8.05 | 10.0 | 0.0 | 3.44 | 2.69 | 1.82 | 0.0 | 10.73 | 10.05 | 15.99 | 7.17 | 2.1 | 356.52 | 12.83 | 25.66 | 0.01 | -5.48 |
| 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) | 12.21 | -10.15 | 2.01 | 6.39 | -24.91 | -11.74 | 0 | 0 | 0 | 0 | 0 | 0 | 20.09 | 8.54 | -4.15 | 1.7 | 117.95 | 188.14 | 27.54 | 2.53 | -12.35 | 37.38 | 3.74 | -8.84 | 8.52 | 11.08 | 2.4 | 0 | 0 | -100.0 | 4.74 | -2.27 | -1.66 | 0.49 | 13.95 | 19.51 | 10.0 | 0.0 | 0.0 | 5.18 | 0.0 | 4.02 | 3.43 | 0.0 | -7.05 | 8.36 | 25.71 | 32.49 | 16.97 | 11.13 | 13.28 | -0.31 | -151.67 | 88.64 | 8.05 | 11.03 | 124.86 | 0.02 | -11.88 | -11.1 |
| 24Q2 (19) | 13.59 | 6.17 | -9.76 | 8.51 | 6.38 | -30.19 | 0 | 0 | 0 | 0 | 0 | 0 | 18.51 | 11.91 | -5.32 | 0.78 | 116.67 | -24.27 | 26.86 | 1.63 | 0.75 | 36.03 | 3.04 | 4.55 | 7.67 | 4.07 | -6.0 | 0 | -100.0 | -100.0 | 4.85 | 1.46 | 4.3 | 0.43 | -8.51 | 59.26 | 10.0 | 0.0 | 0.0 | 5.18 | 4.02 | 4.02 | 3.43 | -7.05 | -7.05 | 6.65 | 14.26 | 16.26 | 15.27 | 5.46 | 6.12 | 0.6 | 140.27 | 113.07 | 7.25 | 67.44 | 541.59 | 0.03 | -2.25 | 5.18 |
| 24Q1 (18) | 12.8 | 8.2 | -12.81 | 8.0 | 2.56 | -36.71 | 0 | 0 | 0 | 0 | 0 | 0 | 16.54 | -10.74 | 2.41 | 0.36 | 0.0 | 800.0 | 26.43 | -8.45 | 13.19 | 34.97 | -8.92 | 21.71 | 7.37 | 6.66 | -12.05 | 0.03 | -40.0 | -75.0 | 4.78 | 4.14 | 5.29 | 0.47 | 17.5 | 46.88 | 10.0 | 0.0 | 0.0 | 4.98 | 0.0 | 5.96 | 3.69 | 0.0 | 18.65 | 5.82 | -12.61 | 5.05 | 14.48 | -5.54 | 8.46 | -1.49 | 56.56 | 56.94 | 4.33 | 34.06 | 108.17 | 0.03 | 2.38 | -4.02 |
| 23Q4 (17) | 11.83 | -1.17 | -25.27 | 7.8 | 7.73 | -48.41 | 0 | 0 | 0 | 0 | 0 | 0 | 18.53 | -11.59 | -7.16 | 0.36 | -38.98 | 0.0 | 28.87 | -8.12 | 6.69 | 38.40 | -6.37 | 30.3 | 6.91 | -16.95 | -30.76 | 0.05 | 0.0 | -50.0 | 4.59 | -4.77 | 0.22 | 0.4 | -2.44 | 81.82 | 10.0 | 0.0 | 0.0 | 4.98 | 0.0 | 5.96 | 3.69 | 0.0 | 18.65 | 6.66 | 5.55 | -4.58 | 15.33 | 2.34 | 3.65 | -3.43 | -25.64 | 7.05 | 3.23 | -9.78 | -1.82 | 0.03 | 0.81 | -2.67 |
| 23Q3 (16) | 11.97 | -20.52 | -15.64 | 7.24 | -40.61 | -55.91 | 0 | 0 | 0 | 0 | 0 | 0 | 20.96 | 7.21 | -3.37 | 0.59 | -42.72 | -3.28 | 31.42 | 17.85 | 3.66 | 41.01 | 18.98 | 34.85 | 8.32 | 1.96 | -27.08 | 0.05 | -37.5 | 0 | 4.82 | 3.66 | 1.69 | 0.41 | 51.85 | 36.67 | 10.0 | 0.0 | 0.0 | 4.98 | 0.0 | 5.96 | 3.69 | 0.0 | 18.65 | 6.31 | 10.31 | -2.62 | 14.98 | 4.1 | 4.83 | -2.73 | 40.52 | 17.52 | 3.58 | 216.81 | 12.93 | 0.03 | 4.26 | 0.57 |
| 23Q2 (15) | 15.06 | 2.59 | 9.93 | 12.19 | -3.56 | -25.26 | 0 | 0 | 0 | 0 | 0 | 0 | 19.55 | 21.05 | -16.7 | 1.03 | 2475.0 | 6.19 | 26.66 | 14.18 | -22.0 | 34.47 | 19.96 | 7.14 | 8.16 | -2.63 | -32.23 | 0.08 | -33.33 | 0 | 4.65 | 2.42 | -7.37 | 0.27 | -15.62 | -3.57 | 10.0 | 0.0 | 0.0 | 4.98 | 5.96 | 5.96 | 3.69 | 18.65 | 18.65 | 5.72 | 3.25 | -2.56 | 14.39 | 7.79 | 5.27 | -4.59 | -32.66 | -28.57 | 1.13 | -45.67 | -50.87 | 0.02 | -10.81 | -14.67 |
| 23Q1 (14) | 14.68 | -7.26 | 3.75 | 12.64 | -16.4 | -19.7 | 0 | 0 | 0 | 0 | 0 | 0 | 16.15 | -19.09 | -39.54 | 0.04 | -88.89 | -94.12 | 23.35 | -13.71 | -39.68 | 28.73 | -2.5 | -18.81 | 8.38 | -16.03 | -34.38 | 0.12 | 20.0 | 0 | 4.54 | -0.87 | -16.54 | 0.32 | 45.45 | -13.51 | 10.0 | 0.0 | 0.0 | 4.7 | 0.0 | 10.07 | 3.11 | 0.0 | 0.0 | 5.54 | -20.63 | -28.79 | 13.35 | -9.74 | -12.0 | -3.46 | 6.23 | -82.11 | 2.08 | -36.78 | -64.63 | 0.03 | 3.82 | 4.65 |
| 22Q4 (13) | 15.83 | 11.56 | 29.65 | 15.12 | -7.92 | 37.45 | 0 | 0 | 0 | 0 | 0 | 0 | 19.96 | -7.98 | -28.2 | 0.36 | -40.98 | -84.62 | 27.06 | -10.72 | -30.97 | 29.47 | -3.1 | -17.54 | 9.98 | -12.53 | -23.47 | 0.1 | 0 | 0 | 4.58 | -3.38 | -12.93 | 0.22 | -26.67 | -12.0 | 10.0 | 0.0 | 0.0 | 4.7 | 0.0 | 10.07 | 3.11 | 0.0 | 0.0 | 6.98 | 7.72 | -1.69 | 14.79 | 3.5 | 2.07 | -3.69 | -11.48 | -18.65 | 3.29 | 3.79 | -17.54 | 0.03 | 4.17 | 4.2 |
| 22Q3 (12) | 14.19 | 3.58 | 33.36 | 16.42 | 0.67 | 46.87 | 0 | 0 | 0 | 0 | 0 | 0 | 21.69 | -7.58 | -23.28 | 0.61 | -37.11 | -25.61 | 30.31 | -11.32 | -21.9 | 30.41 | -5.47 | -14.26 | 11.41 | -5.23 | -13.1 | 0 | 0 | 0 | 4.74 | -5.58 | -10.4 | 0.3 | 7.14 | -18.92 | 10.0 | 0.0 | 0.0 | 4.7 | 0.0 | 10.07 | 3.11 | 0.0 | 0.0 | 6.48 | 10.39 | 35.0 | 14.29 | 4.54 | 17.32 | -3.31 | 7.28 | 9.07 | 3.17 | 37.83 | 173.28 | 0.03 | -11.54 | 1.47 |
| 22Q2 (11) | 13.7 | -3.18 | 5.3 | 16.31 | 3.62 | 46.28 | 0 | 0 | 0 | 0 | 0 | 0 | 23.47 | -12.13 | -11.8 | 0.97 | 42.65 | 410.53 | 34.18 | -11.7 | -2.03 | 32.17 | -9.09 | 1.54 | 12.04 | -5.72 | -4.82 | 0 | 0 | 0 | 5.02 | -7.72 | -4.92 | 0.28 | -24.32 | -26.32 | 10.0 | 0.0 | 0.0 | 4.7 | 10.07 | 15.76 | 3.11 | 0.0 | -9.59 | 5.87 | -24.55 | 14.2 | 13.67 | -9.89 | 8.15 | -3.57 | -87.89 | -1.13 | 2.3 | -60.88 | 42.86 | 0.03 | 9.39 | 10.22 |
| 22Q1 (10) | 14.15 | 15.89 | 19.92 | 15.74 | 43.09 | 32.05 | 0 | 0 | 0 | 0 | 0 | 0 | 26.71 | -3.92 | -1.11 | 0.68 | -70.94 | -29.17 | 38.71 | -1.25 | 5.94 | 35.39 | -0.98 | 5.0 | 12.77 | -2.07 | -7.06 | 0 | 0 | 0 | 5.44 | 3.42 | 0.55 | 0.37 | 48.0 | -26.0 | 10.0 | 0.0 | 0.0 | 4.27 | 0.0 | 5.17 | 3.11 | 0.0 | -9.59 | 7.78 | 9.58 | 57.17 | 15.17 | 4.69 | 21.85 | -1.9 | 38.91 | 42.6 | 5.88 | 47.37 | 258.54 | 0.03 | 3.37 | -31.37 |
| 21Q4 (9) | 12.21 | 14.76 | 7.39 | 11.0 | -1.61 | 8.06 | 0 | 0 | 0 | 0 | 0 | 0 | 27.8 | -1.66 | 0.98 | 2.34 | 185.37 | 220.55 | 39.2 | 1.0 | 4.67 | 35.74 | 0.76 | -1.6 | 13.04 | -0.69 | 10.41 | 0 | 0 | 0 | 5.26 | -0.57 | -2.59 | 0.25 | -32.43 | 31.58 | 10.0 | 0.0 | 0.0 | 4.27 | 0.0 | 5.17 | 3.11 | 0.0 | -9.59 | 7.1 | 47.92 | 77.94 | 14.49 | 18.97 | 26.11 | -3.11 | 14.56 | 0.0 | 3.99 | 243.97 | 353.41 | 0.03 | 1.44 | -33.25 |
| 21Q3 (8) | 10.64 | -18.22 | 1.82 | 11.18 | 0.27 | 15.14 | 0 | 0 | 0 | 0 | 0 | 0 | 28.27 | 6.24 | -2.45 | 0.82 | 331.58 | 20.59 | 38.81 | 11.24 | 6.74 | 35.47 | 11.96 | -0.77 | 13.13 | 3.79 | 4.7 | 0 | 0 | 0 | 5.29 | 0.19 | -3.99 | 0.37 | -2.63 | 37.04 | 10.0 | 0.0 | 0.0 | 4.27 | 5.17 | 5.17 | 3.11 | -9.59 | -9.59 | 4.8 | -6.61 | 48.15 | 12.18 | -3.64 | 13.41 | -3.64 | -3.12 | 0.82 | 1.16 | -27.95 | 369.77 | 0.03 | -3.92 | -31.22 |
| 21Q2 (7) | 13.01 | 10.25 | 18.7 | 11.15 | -6.46 | 17.12 | 0 | 0 | 0 | 0 | 0 | 0 | 26.61 | -1.48 | 6.87 | 0.19 | -80.21 | -53.66 | 34.89 | -4.52 | 10.94 | 31.68 | -6.0 | 0 | 12.65 | -7.93 | 17.57 | 0 | 0 | 0 | 5.28 | -2.4 | -5.88 | 0.38 | -24.0 | 15.15 | 10.0 | 0.0 | 0.0 | 4.06 | 0.0 | 0.0 | 3.44 | 0.0 | 0.0 | 5.14 | 3.84 | 100.78 | 12.64 | 1.53 | 25.65 | -3.53 | -6.65 | 15.35 | 1.61 | -1.83 | 200.0 | 0.03 | -31.89 | -26.11 |
| 21Q1 (6) | 11.8 | 3.78 | 27.16 | 11.92 | 17.09 | 9.06 | 0 | 0 | 0 | 0 | 0 | 0 | 27.01 | -1.89 | 24.41 | 0.96 | 31.51 | 182.35 | 36.54 | -2.43 | 20.36 | 33.70 | -7.2 | 0 | 13.74 | 16.34 | 14.98 | 0 | 0 | 0 | 5.41 | 0.19 | -5.42 | 0.5 | 163.16 | 16.28 | 10.0 | 0.0 | 0.0 | 4.06 | 0.0 | 5.45 | 3.44 | 0.0 | 42.15 | 4.95 | 24.06 | 6.45 | 12.45 | 8.36 | 14.01 | -3.31 | -6.43 | 11.97 | 1.64 | 86.36 | 84.27 | 0.04 | 0.55 | 12.15 |
| 20Q4 (5) | 11.37 | 8.8 | -2.9 | 10.18 | 4.84 | 8.3 | 0 | 0 | 0 | 0 | 0 | 0 | 27.53 | -5.0 | 5.36 | 0.73 | 7.35 | 5.8 | 37.45 | 3.0 | 10.54 | 36.32 | 1.6 | 0 | 11.81 | -5.82 | 5.45 | 0 | 0 | 0 | 5.4 | -2.0 | -4.76 | 0.19 | -29.63 | 90.0 | 10.0 | 0.0 | 0.0 | 4.06 | 0.0 | 5.45 | 3.44 | 0.0 | 42.15 | 3.99 | 23.15 | -7.42 | 11.49 | 6.98 | 8.6 | -3.11 | 15.26 | 9.59 | 0.88 | 304.65 | 1.15 | 0.04 | 4.52 | 10.66 |
| 20Q3 (4) | 10.45 | -4.65 | 0.0 | 9.71 | 2.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 28.98 | 16.39 | 0.0 | 0.68 | 65.85 | 0.0 | 36.36 | 15.61 | 0.0 | 35.75 | 0 | 0.0 | 12.54 | 16.54 | 0.0 | 0 | 0 | 0.0 | 5.51 | -1.78 | 0.0 | 0.27 | -18.18 | 0.0 | 10.0 | 0.0 | 0.0 | 4.06 | 0.0 | 0.0 | 3.44 | 0.0 | 0.0 | 3.24 | 26.56 | 0.0 | 10.74 | 6.76 | 0.0 | -3.67 | 11.99 | 0.0 | -0.43 | 73.29 | 0.0 | 0.04 | 3.23 | 0.0 |
