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) | 6.23 | -15.92 | 17.08 | 8.93 | 1.19 | -18.49 | 0 | 0 | 6.14 | -9.31 | 0.62 | -22.5 | 1.69 | -7.65 | 27.52 | 1.83 | 1.55 | 25.0 | 2.15 | -1.83 | 3.15 | -27.42 | 0 | 0 | 7.85 | 0.0 | 2.4 | 3.9 | 0 | 0 | 8.99 | 5.27 | 11.39 | 4.3 | 0.25 | -10.71 | 9.24 | 4.76 | 0.00 | 0 |
| 2022 (9) | 7.41 | 33.03 | 15.68 | 177.52 | 1.46 | 0.0 | 0 | 0 | 6.77 | -10.8 | 0.8 | -66.67 | 1.83 | -12.02 | 27.03 | -1.36 | 1.24 | -26.19 | 2.19 | 154.65 | 4.34 | -25.17 | 0 | 0 | 7.85 | 0.0 | 2.31 | 12.14 | 0.07 | 0 | 8.54 | -1.39 | 10.92 | 1.77 | 0.28 | 0 | 8.82 | 2.68 | 0.00 | 0 |
| 2021 (8) | 5.57 | -15.61 | 5.65 | -7.38 | 1.46 | 0.0 | 0 | 0 | 7.59 | 0.13 | 2.4 | 531.58 | 2.08 | 2.97 | 27.40 | 2.83 | 1.68 | 15.86 | 0.86 | -2.27 | 5.8 | -20.11 | 0 | 0 | 7.85 | 0.0 | 2.06 | 1.48 | 0 | 0 | 8.66 | 35.1 | 10.73 | 27.28 | -0.07 | 0 | 8.59 | 30.75 | 0.00 | 0 |
| 2020 (7) | 6.6 | -19.02 | 6.1 | -3.17 | 1.46 | 28.07 | 0 | 0 | 7.58 | -1.56 | 0.38 | -61.22 | 2.02 | -4.72 | 26.65 | -3.21 | 1.45 | -16.18 | 0.88 | 22.22 | 7.26 | -3.97 | 0 | 0 | 7.85 | 0.0 | 2.03 | 5.18 | 0 | 0 | 6.41 | -4.04 | 8.43 | -1.98 | 0.16 | -44.83 | 6.57 | -5.74 | 0.00 | 0 |
| 2019 (6) | 8.15 | 68.04 | 6.3 | 40.0 | 1.14 | 0.0 | 0 | 0 | 7.7 | -1.03 | 0.98 | -56.05 | 2.12 | -3.2 | 27.53 | -2.19 | 1.73 | -9.42 | 0.72 | -1.37 | 7.56 | -13.0 | 0 | 0 | 7.85 | 11.98 | 1.93 | 13.53 | 0 | 0 | 6.68 | -6.96 | 8.6 | -3.15 | 0.29 | -6.45 | 6.97 | -6.94 | 0.00 | 0 |
| 2018 (5) | 4.85 | 2.32 | 4.5 | -25.0 | 1.14 | 245.45 | 0 | 0 | 7.78 | -5.35 | 2.23 | 87.39 | 2.19 | -2.67 | 28.15 | 2.84 | 1.91 | 1.06 | 0.73 | 0 | 8.69 | 35.36 | 0 | 0 | 7.01 | 10.05 | 1.7 | 6.92 | 0 | 0 | 7.18 | 19.07 | 8.88 | 16.69 | 0.31 | 19.23 | 7.49 | 19.08 | 0.00 | 0 |
| 2017 (4) | 4.74 | -3.27 | 6.0 | -6.98 | 0.33 | 0.0 | 0 | 0 | 8.22 | -0.12 | 1.19 | 101.69 | 2.25 | -8.54 | 27.37 | -8.43 | 1.89 | 10.53 | 0 | 0 | 6.42 | 10.31 | 0 | 0 | 6.37 | 0.0 | 1.59 | 3.92 | 0 | 0 | 6.03 | 15.74 | 7.61 | 12.91 | 0.26 | -50.94 | 6.29 | 9.58 | 0.00 | 0 |
| 2016 (3) | 4.9 | -15.52 | 6.45 | 124.74 | 0.33 | 0.0 | 0 | 0 | 8.23 | -12.17 | 0.59 | -21.33 | 2.46 | -11.83 | 29.89 | 0.39 | 1.71 | -3.93 | 0 | 0 | 5.82 | 4.68 | 0 | 0 | 6.37 | 0.0 | 1.53 | 5.52 | 0 | 0 | 5.21 | 1.17 | 6.74 | 2.12 | 0.53 | -8.62 | 5.74 | 0.17 | 0.00 | 0 |
| 2015 (2) | 5.8 | -15.7 | 2.87 | -15.59 | 0.33 | 0.0 | 0 | 0 | 9.37 | -17.88 | 0.75 | -25.0 | 2.79 | -29.9 | 29.78 | -14.64 | 1.78 | -29.64 | 0 | 0 | 5.56 | -5.6 | 0 | 0 | 6.37 | 0.0 | 1.45 | 7.41 | 0 | 0 | 5.15 | 2.39 | 6.6 | 3.45 | 0.58 | 52.63 | 5.73 | 5.91 | 0.00 | 0 |
| 2014 (1) | 6.88 | 3.93 | 3.4 | 13.33 | 0.33 | 560.0 | 0 | 0 | 11.41 | 8.56 | 1.0 | -43.82 | 3.98 | 33.11 | 34.88 | 22.61 | 2.53 | 24.02 | 0 | 0 | 5.89 | 60.49 | 0 | 0 | 6.37 | 5.99 | 1.35 | 15.38 | 0 | 0 | 5.03 | 5.23 | 6.38 | 7.05 | 0.38 | 137.5 | 5.41 | 9.51 | 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) | 3.46 | -16.22 | -56.42 | 17.51 | -2.34 | 5.61 | 0.8 | -6.98 | -40.74 | 0 | 0 | 0 | 1.66 | 7.79 | 2.47 | -0.06 | -118.18 | -110.34 | 1.64 | -0.61 | -4.09 | 26.03 | -1.24 | -6.53 | 1.46 | -2.01 | -0.68 | 2.11 | -0.47 | -2.31 | 2.55 | -7.27 | -23.88 | 0 | 0 | 0 | 7.85 | 0.0 | 0.0 | 2.47 | 0.0 | 2.92 | 0 | 0 | 0 | 9.61 | -0.62 | 4.34 | 12.08 | -0.49 | 4.05 | 0.36 | -25.0 | -18.18 | 9.97 | -1.77 | 3.32 | 0.00 | 0 | 0 |
| 24Q2 (19) | 4.13 | -24.77 | -50.42 | 17.93 | 1.41 | 10.82 | 0.86 | -15.69 | -41.1 | 0 | 0 | 0 | 1.54 | -4.94 | 2.67 | 0.33 | -49.23 | 22.22 | 1.65 | -2.37 | 4.43 | 26.36 | -2.99 | 3.93 | 1.49 | 6.43 | 8.76 | 2.12 | -0.47 | -2.3 | 2.75 | -6.78 | -23.82 | 0 | 0 | 0 | 7.85 | 0.0 | 0.0 | 2.47 | 2.92 | 2.92 | 0 | 0 | 0 | 9.67 | 0.21 | 12.05 | 12.14 | 0.75 | 10.16 | 0.48 | 17.07 | 45.45 | 10.15 | 0.89 | 13.28 | 0.00 | 0 | 0 |
| 24Q1 (18) | 5.49 | -11.88 | -24.07 | 17.68 | 3.51 | 12.76 | 1.02 | -14.29 | -30.14 | 0 | 0 | 0 | 1.62 | 9.46 | 5.19 | 0.65 | 395.45 | 3350.0 | 1.69 | 0.0 | 6.29 | 27.17 | -1.29 | 12.61 | 1.4 | -9.68 | 7.69 | 2.13 | -0.93 | -2.29 | 2.95 | -6.35 | -25.69 | 0 | 0 | 0 | 7.85 | 0.0 | 0.0 | 2.4 | 0.0 | 3.9 | 0 | 0 | -100.0 | 9.65 | 7.34 | 12.34 | 12.05 | 5.79 | 9.85 | 0.41 | 64.0 | 51.85 | 10.06 | 8.87 | 13.54 | 0.00 | 0 | 0 |
| 23Q4 (17) | 6.23 | -21.54 | -15.92 | 17.08 | 3.02 | 8.93 | 1.19 | -11.85 | -18.49 | 0 | 0 | 0 | 1.48 | -8.64 | 0.0 | -0.22 | -137.93 | 47.62 | 1.69 | -1.17 | -7.65 | 27.52 | -1.17 | 1.83 | 1.55 | 5.44 | 25.0 | 2.15 | -0.46 | -1.83 | 3.15 | -5.97 | -27.42 | 0 | 0 | 0 | 7.85 | 0.0 | 0.0 | 2.4 | 0.0 | 3.9 | 0 | 0 | -100.0 | 8.99 | -2.39 | 5.27 | 11.39 | -1.89 | 4.3 | 0.25 | -43.18 | -10.71 | 9.24 | -4.25 | 4.76 | 0.00 | 0 | 0 |
| 23Q3 (16) | 7.94 | -4.68 | 2.19 | 16.58 | 2.47 | 11.28 | 1.35 | -7.53 | -7.53 | 0 | 0 | 0 | 1.62 | 8.0 | -5.26 | 0.58 | 114.81 | -7.94 | 1.71 | 8.23 | -10.0 | 27.85 | 9.81 | 4.8 | 1.47 | 7.3 | -10.37 | 2.16 | -0.46 | -1.82 | 3.35 | -7.2 | -28.72 | 0 | 0 | 0 | 7.85 | 0.0 | 0.0 | 2.4 | 0.0 | 3.9 | 0 | 0 | -100.0 | 9.21 | 6.72 | 3.02 | 11.61 | 5.35 | 2.56 | 0.44 | 33.33 | 10.0 | 9.65 | 7.7 | 3.32 | 0.00 | 0 | 0 |
| 23Q2 (15) | 8.33 | 15.21 | 32.43 | 16.18 | 3.19 | 139.7 | 1.46 | 0.0 | 0.0 | 0 | 0 | 0 | 1.5 | -2.6 | -19.35 | 0.27 | 1450.0 | 8.0 | 1.58 | -0.63 | -22.17 | 25.36 | 5.11 | -10.42 | 1.37 | 5.38 | -28.65 | 2.17 | -0.46 | 155.29 | 3.61 | -9.07 | -28.8 | 0 | 0 | 0 | 7.85 | 0.0 | 0.0 | 2.4 | 3.9 | 3.9 | 0 | -100.0 | -100.0 | 8.63 | 0.47 | 3.85 | 11.02 | 0.46 | 3.09 | 0.33 | 22.22 | 135.71 | 8.96 | 1.13 | 6.04 | 0.00 | 0 | 0 |
| 23Q1 (14) | 7.23 | -2.43 | 32.18 | 15.68 | 0.0 | 163.97 | 1.46 | 0.0 | 0.0 | 0 | 0 | 0 | 1.54 | 4.05 | -10.47 | -0.02 | 95.24 | -105.88 | 1.59 | -13.11 | -11.17 | 24.13 | -10.74 | -1.06 | 1.3 | 4.84 | -25.71 | 2.18 | -0.46 | 156.47 | 3.97 | -8.53 | -27.02 | 0 | 0 | 0 | 7.85 | 0.0 | 0.0 | 2.31 | 0.0 | 12.14 | 0.07 | 0.0 | 0 | 8.59 | 0.59 | -4.66 | 10.97 | 0.46 | -0.9 | 0.27 | -3.57 | 575.0 | 8.86 | 0.45 | -2.1 | 0.00 | 0 | 0 |
| 22Q4 (13) | 7.41 | -4.63 | 33.03 | 15.68 | 5.23 | 177.52 | 1.46 | 0.0 | 0.0 | 0 | 0 | 0 | 1.48 | -13.45 | -20.43 | -0.42 | -166.67 | -117.95 | 1.83 | -3.68 | -12.02 | 27.03 | 1.72 | -1.36 | 1.24 | -24.39 | -26.19 | 2.19 | -0.45 | 154.65 | 4.34 | -7.66 | -25.17 | 0 | 0 | 0 | 7.85 | 0.0 | 0.0 | 2.31 | 0.0 | 12.14 | 0.07 | 0.0 | 0 | 8.54 | -4.47 | -1.39 | 10.92 | -3.53 | 1.77 | 0.28 | -30.0 | 500.0 | 8.82 | -5.57 | 2.68 | 0.00 | 0 | 0 |
| 22Q3 (12) | 7.77 | 23.53 | 24.32 | 14.9 | 120.74 | 108.39 | 1.46 | 0.0 | 0.0 | 0 | 0 | 0 | 1.71 | -8.06 | -1.16 | 0.63 | 152.0 | 1360.0 | 1.9 | -6.4 | 0.53 | 26.57 | -6.14 | 6.29 | 1.64 | -14.58 | -0.61 | 2.2 | 158.82 | 155.81 | 4.7 | -7.3 | -23.82 | 0 | 0 | 0 | 7.85 | 0.0 | 0.0 | 2.31 | 0.0 | 12.14 | 0.07 | 0.0 | 0 | 8.94 | 7.58 | 41.68 | 11.32 | 5.89 | 35.24 | 0.4 | 185.71 | 4100.0 | 9.34 | 10.53 | 48.25 | 0.00 | 0 | 0 |
| 22Q2 (11) | 6.29 | 14.99 | 4.83 | 6.75 | 13.64 | -11.18 | 1.46 | 0.0 | 0.0 | 0 | 0 | 0 | 1.86 | 8.14 | -8.37 | 0.25 | -26.47 | 350.0 | 2.03 | 13.41 | -8.56 | 28.31 | 16.1 | 1.39 | 1.92 | 9.71 | 10.98 | 0.85 | 0.0 | -2.3 | 5.07 | -6.8 | -22.36 | 0 | 0 | 0 | 7.85 | 0.0 | 0.0 | 2.31 | 12.14 | 13.79 | 0.07 | 0 | 0 | 8.31 | -7.77 | 26.1 | 10.69 | -3.43 | 24.01 | 0.14 | 250.0 | 133.33 | 8.45 | -6.63 | 27.07 | 0.00 | 0 | 0 |
| 22Q1 (10) | 5.47 | -1.8 | -2.67 | 5.94 | 5.13 | -16.34 | 1.46 | 0.0 | 0.0 | 0 | 0 | 0 | 1.72 | -7.53 | -12.69 | 0.34 | -85.47 | 61.9 | 1.79 | -13.94 | -13.94 | 24.39 | -11.01 | -9.72 | 1.75 | 4.17 | 20.69 | 0.85 | -1.16 | -2.3 | 5.44 | -6.21 | -21.16 | 0 | 0 | 0 | 7.85 | 0.0 | 0.0 | 2.06 | 0.0 | 1.48 | 0 | 0 | 0 | 9.01 | 4.04 | 36.1 | 11.07 | 3.17 | 28.12 | 0.04 | 157.14 | -76.47 | 9.05 | 5.36 | 33.28 | 0.00 | 0 | 0 |
| 21Q4 (9) | 5.57 | -10.88 | -15.61 | 5.65 | -20.98 | -7.38 | 1.46 | 0.0 | 0.0 | 0 | 0 | 0 | 1.86 | 7.51 | 1.64 | 2.34 | 4780.0 | 7900.0 | 2.08 | 10.05 | 2.97 | 27.40 | 9.62 | 2.7 | 1.68 | 1.82 | 15.86 | 0.86 | 0.0 | -2.27 | 5.8 | -6.0 | -20.11 | 0 | 0 | 0 | 7.85 | 0.0 | 0.0 | 2.06 | 0.0 | 1.48 | 0 | 0 | 0 | 8.66 | 37.24 | 35.1 | 10.73 | 28.2 | 27.28 | -0.07 | -600.0 | -143.75 | 8.59 | 36.35 | 30.75 | 0.00 | 0 | 0 |
| 21Q3 (8) | 6.25 | 4.17 | -4.73 | 7.15 | -5.92 | 14.58 | 1.46 | 0.0 | 28.07 | 0 | 0 | 0 | 1.73 | -14.78 | -18.4 | -0.05 | 50.0 | -133.33 | 1.89 | -14.86 | -12.5 | 25.00 | -10.47 | -10.53 | 1.65 | -4.62 | 1.23 | 0.86 | -1.15 | -2.27 | 6.17 | -5.51 | -8.05 | 0 | 0 | 0 | 7.85 | 0.0 | 0.0 | 2.06 | 1.48 | 1.48 | 0 | 0 | 0 | 6.31 | -4.25 | -1.87 | 8.37 | -2.9 | -1.06 | -0.01 | -116.67 | -106.67 | 6.3 | -5.26 | -4.26 | 0.00 | 0 | 0 |
| 21Q2 (7) | 6.0 | 6.76 | -12.79 | 7.6 | 7.04 | 1.33 | 1.46 | 0.0 | 28.07 | 0 | 0 | 0 | 2.03 | 3.05 | 14.04 | -0.1 | -147.62 | -600.0 | 2.22 | 6.73 | 12.12 | 27.92 | 3.37 | 0 | 1.73 | 19.31 | -8.95 | 0.87 | 0.0 | 22.54 | 6.53 | -5.36 | -6.58 | 0 | 0 | 0 | 7.85 | 0.0 | 0.0 | 2.03 | 0.0 | 0.0 | 0 | 0 | 0 | 6.59 | -0.45 | 4.77 | 8.62 | -0.23 | 3.73 | 0.06 | -64.71 | -68.42 | 6.65 | -2.06 | 2.62 | 0.00 | 0 | 0 |
| 21Q1 (6) | 5.62 | -14.85 | -28.13 | 7.1 | 16.39 | 12.7 | 1.46 | 0.0 | 28.07 | 0 | 0 | 0 | 1.97 | 7.65 | 7.07 | 0.21 | 800.0 | -12.5 | 2.08 | 2.97 | 3.48 | 27.01 | 1.23 | 0 | 1.45 | 0.0 | -26.02 | 0.87 | -1.14 | 20.83 | 6.9 | -4.96 | -5.09 | 0 | 0 | 0 | 7.85 | 0.0 | 0.0 | 2.03 | 0.0 | 5.18 | 0 | 0 | 0 | 6.62 | 3.28 | -4.2 | 8.64 | 2.49 | -2.26 | 0.17 | 6.25 | -26.09 | 6.79 | 3.35 | -4.9 | 0.00 | 0 | 0 |
| 20Q4 (5) | 6.6 | 0.61 | -19.02 | 6.1 | -2.24 | -3.17 | 1.46 | 28.07 | 28.07 | 0 | 0 | 0 | 1.83 | -13.68 | -8.04 | -0.03 | -120.0 | 84.21 | 2.02 | -6.48 | -4.72 | 26.68 | -4.5 | 0 | 1.45 | -11.04 | -16.18 | 0.88 | 0.0 | 22.22 | 7.26 | 8.2 | -3.97 | 0 | 0 | 0 | 7.85 | 0.0 | 0.0 | 2.03 | 0.0 | 5.18 | 0 | 0 | 0 | 6.41 | -0.31 | -4.04 | 8.43 | -0.35 | -1.98 | 0.16 | 6.67 | -44.83 | 6.57 | -0.15 | -5.74 | 0.00 | 0 | 0 |
| 20Q3 (4) | 6.56 | -4.65 | 0.0 | 6.24 | -16.8 | 0.0 | 1.14 | 0.0 | 0.0 | 0 | 0 | 0.0 | 2.12 | 19.1 | 0.0 | 0.15 | 650.0 | 0.0 | 2.16 | 9.09 | 0.0 | 27.94 | 0 | 0.0 | 1.63 | -14.21 | 0.0 | 0.88 | 23.94 | 0.0 | 6.71 | -4.01 | 0.0 | 0 | 0 | 0.0 | 7.85 | 0.0 | 0.0 | 2.03 | 0.0 | 0.0 | 0 | 0 | 0.0 | 6.43 | 2.23 | 0.0 | 8.46 | 1.81 | 0.0 | 0.15 | -21.05 | 0.0 | 6.58 | 1.54 | 0.0 | 0.00 | 0 | 0.0 |
