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) | 19.2 | 144.9 | 13.5 | -20.59 | 1.97 | 2.6 | 0 | 0 | 56.49 | 34.56 | 7.23 | 28.88 | 10.15 | 23.18 | 17.97 | -8.46 | 12.17 | 52.12 | 27.89 | 25.46 | 15.15 | 28.5 | 11.46 | 383.54 | 10.14 | 10.94 | 7.64 | 8.06 | 0 | 0 | 19.01 | 19.56 | 26.65 | 16.02 | 11.06 | 104.81 | 30.07 | 41.17 | 0.19 | 290.29 |
| 2022 (9) | 7.84 | -34.45 | 17.0 | 20.74 | 1.92 | -55.96 | 0 | 0 | 41.98 | 10.59 | 5.61 | 17.36 | 8.24 | 36.42 | 19.63 | 23.36 | 8.0 | 8.84 | 22.23 | 5.01 | 11.79 | 180.05 | 2.37 | -3.27 | 9.14 | -0.11 | 7.07 | 7.28 | 0 | 0 | 15.9 | 11.27 | 22.97 | 10.01 | 5.4 | -62.18 | 21.3 | -25.45 | 0.05 | 16.45 |
| 2021 (8) | 11.96 | -10.41 | 14.08 | 63.91 | 4.36 | 211.43 | 0 | 0 | 37.96 | 23.65 | 4.78 | 69.5 | 6.04 | -1.15 | 15.91 | -20.05 | 7.35 | 54.41 | 21.17 | 31.08 | 4.21 | -29.48 | 2.45 | -2.78 | 9.15 | 0.0 | 6.59 | 4.44 | 0 | 0 | 14.29 | 19.58 | 20.88 | 14.35 | 14.28 | 57.1 | 28.57 | 35.79 | 0.04 | -14.08 |
| 2020 (7) | 13.35 | -32.47 | 8.59 | 74.24 | 1.4 | 91.78 | 0 | 0 | 30.7 | -8.63 | 2.82 | -12.42 | 6.11 | 6.63 | 19.90 | 16.7 | 4.76 | -14.54 | 16.15 | 67.53 | 5.97 | -20.4 | 2.52 | -2.33 | 9.15 | 0.0 | 6.31 | 5.52 | 0 | 0 | 11.95 | 1.79 | 18.26 | -0.38 | 9.09 | 343.41 | 21.04 | 52.57 | 0.05 | -28.7 |
| 2019 (6) | 19.77 | 206.51 | 4.93 | 81.92 | 0.73 | 0 | 0 | 0 | 33.6 | -6.56 | 3.22 | -39.25 | 5.73 | 0.17 | 17.05 | 7.21 | 5.57 | 5.09 | 9.64 | 28.7 | 7.5 | 44.23 | 2.58 | 58.28 | 9.15 | 22.16 | 5.98 | 9.72 | 0.6 | 0 | 11.74 | -11.86 | 18.33 | -2.34 | 2.05 | 0 | 13.79 | 8.41 | 0.07 | 916.37 |
| 2018 (5) | 6.45 | -28.17 | 2.71 | 0.0 | 0 | 0 | 0 | 0 | 35.96 | -2.07 | 5.3 | -0.56 | 5.72 | 6.12 | 15.91 | 8.37 | 5.3 | 15.97 | 7.49 | 56.69 | 5.2 | 246.67 | 1.63 | -4.68 | 7.49 | 0.0 | 5.45 | 10.77 | 0 | 0 | 13.32 | 19.25 | 18.77 | 16.51 | -0.6 | 0 | 12.72 | -1.01 | 0.01 | -50.16 |
| 2017 (4) | 8.98 | -20.74 | 2.71 | 168.32 | 1.2 | 0 | 0 | 0 | 36.72 | 4.26 | 5.33 | -5.16 | 5.39 | -5.6 | 14.68 | -9.46 | 4.57 | 5.3 | 4.78 | 0 | 1.5 | 0 | 1.71 | -15.35 | 7.49 | 0.0 | 4.92 | 12.84 | 0.03 | 0 | 11.17 | 9.51 | 16.11 | 10.65 | 1.68 | 0 | 12.85 | 26.35 | 0.01 | -38.82 |
| 2016 (3) | 11.33 | 111.38 | 1.01 | 23.17 | 0 | 0 | 0 | 0 | 35.22 | -0.73 | 5.62 | -7.41 | 5.71 | -7.75 | 16.21 | -7.07 | 4.34 | 0.93 | 0 | 0 | 0 | 0 | 2.02 | 33.77 | 7.49 | 0.0 | 4.36 | 16.27 | 0 | 0 | 10.2 | 0.99 | 14.56 | 5.13 | -0.03 | 0 | 10.17 | 0.1 | 0.02 | 0 |
| 2015 (2) | 5.36 | 112.7 | 0.82 | 2.5 | 0 | 0 | 0 | 0 | 35.48 | 1.98 | 6.07 | 3.06 | 6.19 | 12.34 | 17.45 | 10.16 | 4.3 | -28.81 | 1.31 | 0 | 0 | 0 | 1.51 | 0.67 | 7.49 | 0.0 | 3.75 | 18.67 | 0 | 0 | 10.1 | 10.87 | 13.85 | 12.88 | 0.06 | -25.0 | 10.16 | 10.55 | 0.00 | 0 |
| 2014 (1) | 2.52 | -35.88 | 0.8 | -27.27 | 0 | 0 | 0 | 0 | 34.79 | 5.94 | 5.89 | -0.84 | 5.51 | 4.95 | 15.84 | -0.93 | 6.04 | 31.02 | 0 | 0 | 0 | 0 | 1.5 | 1.35 | 7.49 | 0.0 | 3.16 | 22.96 | 0 | 0 | 9.11 | 16.79 | 12.27 | 16.97 | 0.08 | 60.0 | 9.19 | 17.07 | 0.02 | -67.03 |
| 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) | 16.91 | -16.37 | -10.48 | 9.5 | -22.76 | -14.8 | 0.5 | 100.0 | -76.64 | 0 | 0 | 0 | 19.77 | 2.75 | 22.49 | 2.18 | 0.93 | 7.92 | 12.68 | 3.76 | 28.73 | 17.40 | -1.41 | -8.66 | 13.36 | 7.05 | 14.09 | 26.64 | -10.54 | 6.73 | 24.73 | 50.43 | 33.68 | 11.45 | 0.0 | -0.17 | 10.14 | 0.0 | 0.0 | 8.37 | 0.0 | 9.55 | 0 | 0 | 0 | 19.8 | 12.37 | 8.08 | 28.17 | 8.35 | 8.51 | 9.65 | -30.68 | 42.12 | 29.45 | -6.63 | 17.28 | 0.19 | 2.8 | -6.97 |
| 24Q2 (19) | 20.22 | -15.18 | -9.0 | 12.3 | 36.67 | -51.19 | 0.25 | -86.84 | -84.47 | 0 | 0 | 0 | 19.24 | 9.32 | 50.08 | 2.16 | -4.0 | -36.09 | 12.22 | 11.6 | 30.42 | 17.65 | 1.25 | -12.23 | 12.48 | 3.4 | 6.03 | 29.78 | -0.33 | 12.85 | 16.44 | -7.17 | -0.6 | 11.45 | 0.0 | -0.09 | 10.14 | 0.0 | 10.94 | 8.37 | 9.55 | 9.55 | 0 | 0 | 0 | 17.62 | 8.83 | 8.1 | 26.0 | 9.11 | 8.6 | 13.92 | -1.35 | 65.52 | 31.54 | 4.09 | 27.64 | 0.19 | -1.21 | -25.73 |
| 24Q1 (18) | 23.84 | 24.17 | 186.54 | 9.0 | -33.33 | -57.45 | 1.9 | -3.55 | -0.52 | 0 | 0 | 0 | 17.6 | 8.31 | 56.03 | 2.25 | 226.09 | 97.37 | 10.95 | 7.88 | 54.23 | 17.43 | -2.97 | 6.42 | 12.07 | -0.82 | 34.11 | 29.88 | 7.14 | -21.74 | 17.71 | 16.9 | -19.21 | 11.45 | -0.09 | 387.23 | 10.14 | 0.0 | 10.94 | 7.64 | 0.0 | 8.06 | 0 | 0 | 0 | 16.19 | -14.83 | 21.0 | 23.83 | -10.58 | 16.53 | 14.11 | 27.58 | 95.97 | 30.3 | 0.76 | 47.23 | 0.19 | -0.67 | 280.18 |
| 23Q4 (17) | 19.2 | 1.64 | 144.9 | 13.5 | 21.08 | -20.59 | 1.97 | -7.94 | 2.6 | 0 | 0 | 0 | 16.25 | 0.68 | 41.8 | 0.69 | -65.84 | -36.11 | 10.15 | 3.05 | 23.18 | 17.97 | -5.69 | -8.46 | 12.17 | 3.93 | 52.12 | 27.89 | 11.74 | 25.46 | 15.15 | -18.11 | 28.5 | 11.46 | -0.09 | 383.54 | 10.14 | 0.0 | 10.94 | 7.64 | 0.0 | 8.06 | 0 | 0 | 0 | 19.01 | 3.77 | 19.56 | 26.65 | 2.66 | 16.02 | 11.06 | 62.89 | 104.81 | 30.07 | 19.75 | 41.17 | 0.19 | -7.77 | 290.29 |
| 23Q3 (16) | 18.89 | -14.99 | 245.34 | 11.15 | -55.75 | 30.26 | 2.14 | 32.92 | 21.59 | 0 | 0 | 0 | 16.14 | 25.9 | 46.33 | 2.02 | -40.24 | 15.43 | 9.85 | 5.12 | 28.93 | 19.05 | -5.27 | -1.32 | 11.71 | -0.51 | 55.51 | 24.96 | -5.42 | 77.9 | 18.5 | 11.85 | 39.41 | 11.47 | 0.09 | 381.93 | 10.14 | 10.94 | 10.82 | 7.64 | 0.0 | 8.06 | 0 | 0 | 0 | 18.32 | 12.39 | 24.8 | 25.96 | 8.44 | 19.36 | 6.79 | -19.26 | 54.32 | 25.11 | 1.62 | 31.6 | 0.21 | -17.94 | 307.17 |
| 23Q2 (15) | 22.22 | 167.07 | 237.18 | 25.2 | 19.15 | 351.61 | 1.61 | -15.71 | 24.81 | 0 | 0 | 0 | 12.82 | 13.65 | 33.96 | 3.38 | 196.49 | 166.14 | 9.37 | 31.97 | 46.41 | 20.11 | 22.77 | 18.34 | 11.77 | 30.78 | 48.61 | 26.39 | -30.88 | 77.83 | 16.54 | -24.54 | 20.29 | 11.46 | 387.66 | 377.5 | 9.14 | 0.0 | -0.11 | 7.64 | 8.06 | 8.06 | 0 | 0 | 0 | 16.3 | 21.82 | 26.06 | 23.94 | 17.07 | 19.7 | 8.41 | 16.81 | 52.36 | 24.71 | 20.07 | 33.93 | 0.25 | 405.74 | 402.09 |
| 23Q1 (14) | 8.32 | 6.12 | 12.89 | 21.15 | 24.41 | 315.52 | 1.91 | -0.52 | 130.12 | 0 | 0 | 0 | 11.28 | -1.57 | 13.71 | 1.14 | 5.56 | -24.0 | 7.1 | -13.83 | 2.31 | 16.38 | -16.54 | -10.47 | 9.0 | 12.5 | 22.95 | 38.18 | 71.75 | 121.46 | 21.92 | 85.92 | 48.81 | 2.35 | -0.84 | -2.89 | 9.14 | 0.0 | -0.11 | 7.07 | 0.0 | 7.28 | 0 | 0 | 0 | 13.38 | -15.85 | 10.31 | 20.45 | -10.97 | 9.18 | 7.2 | 33.33 | -24.53 | 20.58 | -3.38 | -5.03 | 0.05 | 1.97 | 5.68 |
| 22Q4 (13) | 7.84 | 43.33 | -34.45 | 17.0 | 98.6 | 20.74 | 1.92 | 9.09 | -55.96 | 0 | 0 | 0 | 11.46 | 3.9 | 26.63 | 1.08 | -38.29 | 44.0 | 8.24 | 7.85 | 36.42 | 19.63 | 1.66 | 23.33 | 8.0 | 6.24 | 8.84 | 22.23 | 58.45 | 5.01 | 11.79 | -11.15 | 180.05 | 2.37 | -0.42 | -3.27 | 9.14 | -0.11 | -0.11 | 7.07 | 0.0 | 7.28 | 0 | 0 | 0 | 15.9 | 8.31 | 11.27 | 22.97 | 5.61 | 10.01 | 5.4 | 22.73 | -62.18 | 21.3 | 11.64 | -25.45 | 0.05 | -3.79 | 16.45 |
| 22Q3 (12) | 5.47 | -17.0 | -31.37 | 8.56 | 53.41 | -48.22 | 1.76 | 36.43 | 50.43 | 0 | 0 | 0 | 11.03 | 15.26 | 20.94 | 1.75 | 37.8 | 27.74 | 7.64 | 19.38 | 15.06 | 19.31 | 13.61 | 10.84 | 7.53 | -4.92 | 7.26 | 14.03 | -5.46 | -17.28 | 13.27 | -3.49 | 230.92 | 2.38 | -0.83 | -3.64 | 9.15 | 0.0 | 0.0 | 7.07 | 0.0 | 7.28 | 0 | 0 | 0 | 14.68 | 13.53 | 8.18 | 21.75 | 8.75 | 7.89 | 4.4 | -20.29 | -54.21 | 19.08 | 3.41 | -17.69 | 0.05 | 1.19 | 9.77 |
| 22Q2 (11) | 6.59 | -10.58 | -18.14 | 5.58 | 9.63 | -47.9 | 1.29 | 55.42 | 0.78 | 0 | 0 | 0 | 9.57 | -3.53 | -2.74 | 1.27 | -15.33 | 14.41 | 6.4 | -7.78 | -5.33 | 16.99 | -7.12 | -8.92 | 7.92 | 8.2 | 18.39 | 14.84 | -13.92 | -16.16 | 13.75 | -6.65 | 216.09 | 2.4 | -0.83 | -3.61 | 9.15 | 0.0 | 0.0 | 7.07 | 7.28 | 12.04 | 0 | 0 | 0 | 12.93 | 6.6 | 3.61 | 20.0 | 6.78 | 6.44 | 5.52 | -42.14 | -48.89 | 18.45 | -14.86 | -20.75 | 0.05 | 6.45 | 9.33 |
| 22Q1 (10) | 7.37 | -38.38 | -31.57 | 5.09 | -63.85 | -51.98 | 0.83 | -80.96 | -40.71 | 0 | 0 | 0 | 9.92 | 9.61 | -0.2 | 1.5 | 100.0 | -3.23 | 6.94 | 14.9 | 6.28 | 18.30 | 14.96 | -10.17 | 7.32 | -0.41 | 25.77 | 17.24 | -18.56 | 8.7 | 14.73 | 249.88 | 212.08 | 2.42 | -1.22 | -3.2 | 9.15 | 0.0 | 0.0 | 6.59 | 0.0 | 4.44 | 0 | 0 | 0 | 12.13 | -15.12 | 6.68 | 18.73 | -10.3 | 5.94 | 9.54 | -33.19 | 15.78 | 21.67 | -24.15 | 10.5 | 0.05 | 12.37 | -4.59 |
| 21Q4 (9) | 11.96 | 50.06 | -10.41 | 14.08 | -14.82 | 63.91 | 4.36 | 272.65 | 211.43 | 0 | 0 | 0 | 9.05 | -0.77 | -1.84 | 0.75 | -45.26 | -33.04 | 6.04 | -9.04 | -1.15 | 15.92 | -8.63 | -20.06 | 7.35 | 4.7 | 54.41 | 21.17 | 24.82 | 31.08 | 4.21 | 4.99 | -29.48 | 2.45 | -0.81 | -2.78 | 9.15 | 0.0 | 0.0 | 6.59 | 0.0 | 4.44 | 0 | 0 | 0 | 14.29 | 5.31 | 19.58 | 20.88 | 3.57 | 14.35 | 14.28 | 48.6 | 57.1 | 28.57 | 23.25 | 35.79 | 0.04 | -9.31 | -14.08 |
| 21Q3 (8) | 7.97 | -0.99 | -48.91 | 16.53 | 54.34 | 102.57 | 1.17 | -8.59 | -16.43 | 0 | 0 | 0 | 9.12 | -7.32 | 26.14 | 1.37 | 23.42 | 10.48 | 6.64 | -1.78 | 38.62 | 17.42 | -6.65 | 12.73 | 7.02 | 4.93 | 54.97 | 16.96 | -4.18 | 72.88 | 4.01 | -7.82 | -36.65 | 2.47 | -0.8 | -2.76 | 9.15 | 0.0 | 0.0 | 6.59 | 4.44 | 4.44 | 0 | 0 | 0 | 13.57 | 8.73 | 25.3 | 20.16 | 7.29 | 17.62 | 9.61 | -11.02 | 403.14 | 23.18 | -0.43 | 81.95 | 0.05 | 0.78 | -32.12 |
| 21Q2 (7) | 8.05 | -25.26 | -57.11 | 10.71 | 1.04 | 37.48 | 1.28 | -8.57 | -59.62 | 0 | 0 | 0 | 9.84 | -1.01 | 73.54 | 1.11 | -28.39 | 496.43 | 6.76 | 3.52 | 72.45 | 18.66 | -8.39 | 0 | 6.69 | 14.95 | 19.89 | 17.7 | 11.6 | 99.1 | 4.35 | -7.84 | 12.11 | 2.49 | -0.4 | -3.11 | 9.15 | 0.0 | 0.0 | 6.31 | 0.0 | 0.0 | 0 | 0 | 0 | 12.48 | 9.76 | 30.14 | 18.79 | 6.28 | 18.18 | 10.8 | 31.07 | 570.81 | 23.28 | 18.71 | 107.86 | 0.05 | -7.1 | -33.8 |
| 21Q1 (6) | 10.77 | -19.33 | -47.82 | 10.6 | 23.4 | 63.83 | 1.4 | 0.0 | 84.21 | 0 | 0 | 0 | 9.94 | 7.81 | 15.99 | 1.55 | 38.39 | 109.46 | 6.53 | 6.87 | 29.05 | 20.37 | 2.31 | 0 | 5.82 | 22.27 | 0.0 | 15.86 | -1.8 | 101.01 | 4.72 | -20.94 | -33.89 | 2.5 | -0.79 | -2.34 | 9.15 | 0.0 | 0.0 | 6.31 | 0.0 | 5.52 | 0 | 0 | -100.0 | 11.37 | -4.85 | 18.44 | 17.68 | -3.18 | 9.27 | 8.24 | -9.35 | 16380.0 | 19.61 | -6.8 | 103.21 | 0.05 | 1.19 | -31.81 |
| 20Q4 (5) | 13.35 | -14.42 | -32.47 | 8.59 | 5.27 | 74.24 | 1.4 | 0.0 | 91.78 | 0 | 0 | 0 | 9.22 | 27.52 | -3.25 | 1.12 | -9.68 | 67.16 | 6.11 | 27.56 | 6.63 | 19.91 | 28.85 | 0 | 4.76 | 5.08 | -14.54 | 16.15 | 64.63 | 67.53 | 5.97 | -5.69 | -20.4 | 2.52 | -0.79 | -2.33 | 9.15 | 0.0 | 0.0 | 6.31 | 0.0 | 5.52 | 0 | 0 | -100.0 | 11.95 | 10.34 | 1.79 | 18.26 | 6.53 | -0.38 | 9.09 | 375.92 | 343.41 | 21.04 | 65.15 | 52.57 | 0.05 | -28.35 | -28.7 |
| 20Q3 (4) | 15.6 | -16.89 | 0.0 | 8.16 | 4.75 | 0.0 | 1.4 | -55.84 | 0.0 | 0 | 0 | 0.0 | 7.23 | 27.51 | 0.0 | 1.24 | 542.86 | 0.0 | 4.79 | 22.19 | 0.0 | 15.45 | 0 | 0.0 | 4.53 | -18.82 | 0.0 | 9.81 | 10.35 | 0.0 | 6.33 | 63.14 | 0.0 | 2.54 | -1.17 | 0.0 | 9.15 | 0.0 | 0.0 | 6.31 | 0.0 | 0.0 | 0 | 0 | 0.0 | 10.83 | 12.93 | 0.0 | 17.14 | 7.8 | 0.0 | 1.91 | 18.63 | 0.0 | 12.74 | 13.75 | 0.0 | 0.07 | -1.72 | 0.0 |
