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) | 24.72 | 46.1 | 13.0 | -3.7 | 0 | 0 | 0 | 0 | 30.56 | -28.21 | 2.47 | -31.39 | 3.37 | -44.02 | 11.03 | -22.02 | 3.46 | -6.23 | 9.17 | 7.25 | 0 | 0 | 0.06 | -14.29 | 14.91 | 0.0 | 5.71 | 7.13 | 0 | 0 | 13.31 | 24.39 | 19.02 | 18.73 | 9.66 | 2741.18 | 22.97 | 108.06 | 0.00 | 0 |
| 2022 (9) | 16.92 | 17.42 | 13.5 | -22.19 | 0 | 0 | 0 | 0 | 42.57 | 7.74 | 3.6 | 103.39 | 6.02 | 35.28 | 14.14 | 25.56 | 3.69 | -29.98 | 8.55 | -10.75 | 0 | 0 | 0.07 | 40.0 | 14.91 | 0.0 | 5.33 | 7.24 | 0 | 0 | 10.7 | 19.02 | 16.02 | 14.67 | 0.34 | -90.79 | 11.04 | -12.93 | 0.00 | 0 |
| 2021 (8) | 14.41 | -23.51 | 17.35 | 131.33 | 0 | 0 | 0 | 0 | 39.51 | 16.21 | 1.77 | -6.84 | 4.45 | -17.59 | 11.26 | -29.08 | 5.27 | 33.76 | 9.58 | 291.02 | 0 | 0 | 0.05 | -37.5 | 14.91 | 17.31 | 4.97 | 3.97 | 0 | 0 | 8.99 | 22.98 | 13.97 | 15.45 | 3.69 | 97.33 | 12.68 | 38.13 | 0.00 | 0 |
| 2020 (7) | 18.84 | 54.81 | 7.5 | 0 | 0 | 0 | 0 | 0 | 34.0 | -18.45 | 1.9 | 3.26 | 5.4 | 1.12 | 15.88 | 24.0 | 3.94 | 26.28 | 2.45 | -4.67 | 0 | 0 | 0.08 | 33.33 | 12.71 | 0.0 | 4.78 | 3.91 | 0 | 0 | 7.31 | 8.62 | 12.1 | 3.15 | 1.87 | 5.65 | 9.18 | 8.0 | 0.00 | 0 |
| 2019 (6) | 12.17 | 57.44 | 0 | 0 | 0 | 0 | 0 | 0 | 41.69 | -8.91 | 1.84 | -10.68 | 5.34 | -16.3 | 12.81 | -8.11 | 3.12 | -37.22 | 2.57 | -15.18 | 0 | 0 | 0.06 | -14.29 | 12.71 | 0.0 | 4.6 | 4.78 | 0.4 | 0.0 | 6.73 | -0.3 | 11.73 | 1.65 | 1.77 | 30.15 | 8.5 | 4.81 | 0.00 | 0 |
| 2018 (5) | 7.73 | -0.9 | 0 | 0 | 0 | 0 | 0 | 0 | 45.77 | 15.64 | 2.06 | -1.9 | 6.38 | 19.92 | 13.94 | 3.71 | 4.97 | 49.7 | 3.03 | -6.77 | 0 | 0 | 0.07 | 75.0 | 12.71 | 0.0 | 4.39 | 5.02 | 0.4 | 0.0 | 6.75 | -2.74 | 11.54 | 0.17 | 1.36 | -55.26 | 8.11 | -18.74 | 0.00 | 0 |
| 2017 (4) | 7.8 | 27.66 | 0 | 0 | 0 | 0 | 0 | 0 | 39.58 | -8.15 | 2.1 | -18.6 | 5.32 | -3.27 | 13.44 | 5.31 | 3.32 | 19.42 | 3.25 | 5.52 | 0 | 0 | 0.04 | -33.33 | 12.71 | 0.0 | 4.18 | 6.36 | 0.4 | 0.0 | 6.94 | -2.39 | 11.52 | 0.79 | 3.04 | -5.88 | 9.98 | -3.48 | 0.00 | 0 |
| 2016 (3) | 6.11 | -53.22 | 0 | 0 | 0 | 0 | 0 | 0 | 43.09 | -11.43 | 2.58 | -12.24 | 5.5 | 9.56 | 12.76 | 23.7 | 2.78 | -7.33 | 3.08 | -0.32 | 0 | 0 | 0.06 | -33.33 | 12.71 | 0.0 | 3.93 | 8.26 | 0.4 | 0.0 | 7.11 | 0.14 | 11.43 | 2.7 | 3.23 | -36.29 | 10.34 | -15.04 | 0.00 | 0 |
| 2015 (2) | 13.06 | -23.8 | 0 | 0 | 0 | 0 | 0 | 0 | 48.65 | -9.47 | 2.94 | -4.55 | 5.02 | -27.25 | 10.32 | -19.63 | 3.0 | -30.56 | 3.09 | -2.52 | 0 | 0 | 0.09 | -10.0 | 12.71 | 0.0 | 3.63 | 9.34 | 0.4 | 0.0 | 7.1 | 3.05 | 11.13 | 4.8 | 5.07 | -18.49 | 12.17 | -7.17 | 0.00 | 0 |
| 2014 (1) | 17.14 | 19.86 | 0.62 | -48.33 | 0 | 0 | 0 | 0 | 53.74 | 12.4 | 3.08 | 62.96 | 6.9 | -7.63 | 12.84 | -17.82 | 4.32 | -0.69 | 3.17 | 0.96 | 0 | 0 | 0.1 | 42.86 | 12.71 | 0.0 | 3.32 | 5.73 | 0.4 | 0.0 | 6.89 | 25.27 | 10.62 | 17.48 | 6.22 | -1.58 | 13.11 | 10.91 | 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) | 30.73 | 7.71 | 23.07 | 13.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 13.0 | 26.83 | 77.11 | 2.19 | 284.21 | 52.08 | 7.27 | 19.18 | 33.89 | 20.66 | 0.01 | 39.21 | 3.31 | 4.42 | 11.45 | 11.39 | 27.26 | 23.14 | 0 | 0 | 0 | 0.05 | -16.67 | -28.57 | 13.41 | -10.06 | -10.06 | 6.28 | 0.0 | 9.98 | 0 | 0 | 0 | 14.36 | 18.09 | 8.13 | 20.64 | 11.87 | 8.69 | 14.66 | 9.57 | 15.25 | 29.02 | 13.63 | 11.62 | 0.00 | 0 | 0 |
| 24Q2 (19) | 28.53 | 7.82 | 45.86 | 13.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.25 | 51.18 | 13.13 | 0.57 | 137.5 | 5.56 | 6.1 | 80.47 | -0.81 | 20.66 | 73.2 | 37.48 | 3.17 | 5.32 | 24.8 | 8.95 | -4.69 | -5.89 | 0 | 0 | 0 | 0.06 | 0.0 | -25.0 | 14.91 | 0.0 | 0.0 | 6.28 | 9.98 | 9.98 | 0 | 0 | 0 | 12.16 | 0.0 | 23.45 | 18.45 | 3.19 | 18.57 | 13.38 | -14.12 | -13.0 | 25.54 | -7.93 | 1.23 | 0.00 | 0 | 0 |
| 24Q1 (18) | 26.46 | 7.04 | 38.61 | 13.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.78 | 31.4 | -24.75 | 0.24 | 2300.0 | -50.0 | 3.38 | 0.3 | -40.39 | 11.93 | 8.19 | -10.18 | 3.01 | -13.01 | -12.24 | 9.39 | 2.4 | 4.45 | 0 | 0 | 0 | 0.06 | 0.0 | 0.0 | 14.91 | 0.0 | 0.0 | 5.71 | 0.0 | 7.13 | 0 | 0 | 0 | 12.16 | -8.64 | 34.51 | 17.88 | -5.99 | 24.51 | 15.58 | 61.28 | 52.3 | 27.74 | 20.77 | 43.95 | 0.00 | 0 | 0 |
| 23Q4 (17) | 24.72 | -1.0 | 46.1 | 13.0 | 0.0 | -3.7 | 0 | 0 | 0 | 0 | 0 | 0 | 5.16 | -29.7 | -53.85 | 0.01 | -99.31 | -90.91 | 3.37 | -37.94 | -44.02 | 11.02 | -25.72 | -22.05 | 3.46 | 16.5 | -6.23 | 9.17 | -0.86 | 7.25 | 0 | 0 | 0 | 0.06 | -14.29 | -14.29 | 14.91 | 0.0 | 0.0 | 5.71 | 0.0 | 7.13 | 0 | 0 | 0 | 13.31 | 0.23 | 24.39 | 19.02 | 0.16 | 18.73 | 9.66 | -24.06 | 2741.18 | 22.97 | -11.65 | 108.06 | 0.00 | 0 | 0 |
| 23Q3 (16) | 24.97 | 27.66 | 65.25 | 13.0 | 0.0 | -7.14 | 0 | 0 | 0 | 0 | 0 | 0 | 7.34 | -18.98 | -37.16 | 1.44 | 166.67 | -44.19 | 5.43 | -11.71 | -29.57 | 14.84 | -1.23 | -25.47 | 2.97 | 16.93 | -27.03 | 9.25 | -2.73 | 2.1 | 0 | 0 | 0 | 0.07 | -12.5 | 0.0 | 14.91 | 0.0 | 0.0 | 5.71 | 0.0 | 7.13 | 0 | 0 | 0 | 13.28 | 34.82 | 26.36 | 18.99 | 22.04 | 19.96 | 12.72 | -17.3 | 1596.0 | 26.0 | 3.05 | 130.91 | 0.00 | 0 | 0 |
| 23Q2 (15) | 19.56 | 2.46 | 61.92 | 13.0 | 0.0 | -7.14 | 0 | 0 | 0 | 0 | 0 | 0 | 9.06 | 0.55 | -16.34 | 0.54 | 12.5 | -18.18 | 6.15 | 8.47 | 0.33 | 15.03 | 13.16 | -6.59 | 2.54 | -25.95 | -51.8 | 9.51 | 5.78 | 7.22 | 0 | 0 | 0 | 0.08 | 33.33 | 100.0 | 14.91 | 0.0 | 0.0 | 5.71 | 7.13 | 7.13 | 0 | 0 | 0 | 9.85 | 8.96 | 24.68 | 15.56 | 8.36 | 17.61 | 15.38 | 50.34 | 692.78 | 25.23 | 30.93 | 156.4 | 0.00 | 0 | 0 |
| 23Q1 (14) | 19.09 | 12.83 | 39.96 | 13.0 | -3.7 | -25.07 | 0 | 0 | 0 | 0 | 0 | 0 | 9.01 | -19.41 | 1.46 | 0.48 | 336.36 | 92.0 | 5.67 | -5.81 | -5.66 | 13.28 | -6.1 | -13.77 | 3.43 | -7.05 | -38.42 | 8.99 | 5.15 | -3.23 | 0 | 0 | 0 | 0.06 | -14.29 | 50.0 | 14.91 | 0.0 | 0.0 | 5.33 | 0.0 | 7.24 | 0 | 0 | 0 | 9.04 | -15.51 | -2.16 | 14.36 | -10.36 | 1.06 | 10.23 | 2908.82 | 137.91 | 19.27 | 74.55 | 42.32 | 0.00 | 0 | 0 |
| 22Q4 (13) | 16.92 | 11.98 | 17.42 | 13.5 | -3.57 | -22.19 | 0 | 0 | 0 | 0 | 0 | 0 | 11.18 | -4.28 | 52.52 | 0.11 | -95.74 | 1000.0 | 6.02 | -21.92 | 35.28 | 14.14 | -28.98 | 25.59 | 3.69 | -9.34 | -29.98 | 8.55 | -5.63 | -10.75 | 0 | 0 | 0 | 0.07 | 0.0 | 40.0 | 14.91 | 0.0 | 0.0 | 5.33 | 0.0 | 7.24 | 0 | 0 | 0 | 10.7 | 1.81 | 19.02 | 16.02 | 1.2 | 14.67 | 0.34 | -54.67 | -90.79 | 11.04 | -1.95 | -12.93 | 0.00 | 0 | 0 |
| 22Q3 (12) | 15.11 | 25.08 | 43.9 | 14.0 | 0.0 | -19.31 | 0 | 0 | 0 | 0 | 0 | 0 | 11.68 | 7.85 | 5.51 | 2.58 | 290.91 | 74.32 | 7.71 | 25.77 | 18.98 | 19.91 | 23.79 | 26.79 | 4.07 | -22.77 | 0.49 | 9.06 | 2.14 | -7.36 | 0 | 0 | 0 | 0.07 | 75.0 | 40.0 | 14.91 | 0.0 | 17.31 | 5.33 | 0.0 | 7.24 | 0 | 0 | 0 | 10.51 | 33.04 | 16.78 | 15.83 | 19.65 | 13.23 | 0.75 | -61.34 | -78.93 | 11.26 | 14.43 | -10.35 | 0.00 | 0 | 0 |
| 22Q2 (11) | 12.08 | -11.44 | 60.85 | 14.0 | -19.31 | 78.34 | 0 | 0 | 0 | 0 | 0 | 0 | 10.83 | 21.96 | -7.83 | 0.66 | 164.0 | 607.69 | 6.13 | 2.0 | -14.5 | 16.09 | 4.46 | -10.96 | 5.27 | -5.39 | 36.88 | 8.87 | -4.52 | 193.71 | 0 | 0 | 0 | 0.04 | 0.0 | -33.33 | 14.91 | 0.0 | 17.31 | 5.33 | 7.24 | 11.51 | 0 | 0 | 0 | 7.9 | -14.5 | 1.94 | 13.23 | -6.9 | 5.5 | 1.94 | -54.88 | -74.03 | 9.84 | -27.33 | -35.35 | 0.00 | 0 | 0 |
| 22Q1 (10) | 13.64 | -5.34 | 74.42 | 17.35 | 0.0 | 196.58 | 0 | 0 | 0 | 0 | 0 | 0 | 8.88 | 21.15 | -5.23 | 0.25 | 2400.0 | -37.5 | 6.01 | 35.06 | 13.61 | 15.40 | 36.75 | 9.62 | 5.57 | 5.69 | 28.34 | 9.29 | -3.03 | 247.94 | 0 | 0 | 0 | 0.04 | -20.0 | -42.86 | 14.91 | 0.0 | 17.31 | 4.97 | 0.0 | 3.97 | 0 | 0 | 0 | 9.24 | 2.78 | 19.84 | 14.21 | 1.72 | 13.68 | 4.3 | 16.53 | -9.47 | 13.54 | 6.78 | 8.67 | 0.00 | 0 | 0 |
| 21Q4 (9) | 14.41 | 37.24 | -23.51 | 17.35 | 0.0 | 131.33 | 0 | 0 | 0 | 0 | 0 | 0 | 7.33 | -33.79 | -19.18 | 0.01 | -99.32 | -97.56 | 4.45 | -31.33 | -17.59 | 11.26 | -28.3 | -29.1 | 5.27 | 30.12 | 33.76 | 9.58 | -2.04 | 291.02 | 0 | 0 | 0 | 0.05 | 0.0 | -37.5 | 14.91 | 17.31 | 17.31 | 4.97 | 0.0 | 3.97 | 0 | 0 | 0 | 8.99 | -0.11 | 22.98 | 13.97 | -0.07 | 15.45 | 3.69 | 3.65 | 97.33 | 12.68 | 0.96 | 38.13 | 0.00 | 0 | 0 |
| 21Q3 (8) | 10.5 | 39.81 | -44.18 | 17.35 | 121.02 | 118.24 | 0 | 0 | 0 | 0 | 0 | 0 | 11.07 | -5.79 | 16.53 | 1.48 | 1238.46 | 60.87 | 6.48 | -9.62 | 11.34 | 15.71 | -13.06 | -9.87 | 4.05 | 5.19 | 30.23 | 9.78 | 223.84 | 309.21 | 0 | 0 | 0 | 0.05 | -16.67 | 0.0 | 12.71 | 0.0 | 0.0 | 4.97 | 3.97 | 3.97 | 0 | 0 | 0 | 9.0 | 16.13 | 30.25 | 13.98 | 11.48 | 19.49 | 3.56 | -52.34 | 42.97 | 12.56 | -17.48 | 33.62 | 0.00 | 0 | 0 |
| 21Q2 (7) | 7.51 | -3.96 | -47.15 | 7.85 | 34.19 | 214.0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.75 | 25.4 | 20.88 | -0.13 | -132.5 | -118.84 | 7.17 | 35.54 | 27.81 | 18.07 | 28.61 | 0 | 3.85 | -11.29 | 8.45 | 3.02 | 13.11 | 28.51 | 0 | 0 | 0 | 0.06 | -14.29 | 0.0 | 12.71 | 0.0 | 0.0 | 4.78 | 0.0 | 0.0 | 0 | 0 | 0 | 7.75 | 0.52 | 29.17 | 12.54 | 0.32 | 16.33 | 7.47 | 57.26 | 461.65 | 15.22 | 22.15 | 107.64 | 0.00 | 0 | 0 |
| 21Q1 (6) | 7.82 | -58.49 | -39.85 | 5.85 | -22.0 | 134.0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.37 | 3.31 | 64.1 | 0.4 | -2.44 | 463.64 | 5.29 | -2.04 | 42.97 | 14.05 | -11.56 | 0 | 4.34 | 10.15 | 40.45 | 2.67 | 8.98 | 17.11 | 0 | 0 | 0 | 0.07 | -12.5 | 16.67 | 12.71 | 0.0 | 0.0 | 4.78 | 0.0 | 3.91 | 0 | 0 | -100.0 | 7.71 | 5.47 | 16.47 | 12.5 | 3.31 | 7.57 | 4.75 | 154.01 | 384.69 | 12.46 | 35.73 | 63.95 | 0.00 | 0 | 0 |
| 20Q4 (5) | 18.84 | 0.16 | 54.81 | 7.5 | -5.66 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.07 | -4.53 | 7.08 | 0.41 | -55.43 | 373.33 | 5.4 | -7.22 | 1.12 | 15.88 | -8.85 | 0 | 3.94 | 26.69 | 26.28 | 2.45 | 2.51 | -4.67 | 0 | 0 | 0 | 0.08 | 60.0 | 33.33 | 12.71 | 0.0 | 0.0 | 4.78 | 0.0 | 3.91 | 0 | 0 | -100.0 | 7.31 | 5.79 | 8.62 | 12.1 | 3.42 | 3.15 | 1.87 | -24.9 | 5.65 | 9.18 | -2.34 | 8.0 | 0.00 | 0 | 0 |
| 20Q3 (4) | 18.81 | 32.37 | 0.0 | 7.95 | 218.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 9.5 | -2.26 | 0.0 | 0.92 | 33.33 | 0.0 | 5.82 | 3.74 | 0.0 | 17.43 | 0 | 0.0 | 3.11 | -12.39 | 0.0 | 2.39 | 1.7 | 0.0 | 0 | 0 | 0.0 | 0.05 | -16.67 | 0.0 | 12.71 | 0.0 | 0.0 | 4.78 | 0.0 | 0.0 | 0 | 0 | 0.0 | 6.91 | 15.17 | 0.0 | 11.7 | 8.53 | 0.0 | 2.49 | 87.22 | 0.0 | 9.4 | 28.24 | 0.0 | 0.00 | 0 | 0.0 |
