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) | 6.32 | -14.36 | 0 | 0 | 0.29 | 625.0 | 0 | 0 | 36.58 | 0.91 | 5.35 | 69.3 | 2.75 | 79.74 | 7.52 | 78.12 | 7.79 | -9.1 | 0.17 | 13.33 | 0.87 | 411.76 | 0.06 | 0.0 | 9.61 | 0.21 | 2.26 | 15.9 | 0.07 | -90.0 | 9.56 | 68.01 | 11.89 | 42.57 | -0.11 | 0 | 9.45 | 68.15 | 0.00 | 0 |
| 2022 (9) | 7.38 | -19.43 | 0.86 | -7.53 | 0.04 | 0 | 0 | 0 | 36.25 | 6.3 | 3.16 | -23.11 | 1.53 | -51.74 | 4.22 | -54.6 | 8.57 | 28.49 | 0.15 | 66.67 | 0.17 | 0 | 0.06 | 0.0 | 9.59 | -20.02 | 1.95 | 26.62 | 0.7 | 32.08 | 5.69 | 7.56 | 8.34 | 13.32 | -0.07 | 0 | 5.62 | 22.44 | 0.01 | -11.07 |
| 2021 (8) | 9.16 | 35.3 | 0.93 | -56.94 | 0 | 0 | 0 | 0 | 34.1 | 2.34 | 4.11 | 65.73 | 3.17 | -8.91 | 9.30 | -10.99 | 6.67 | -1.19 | 0.09 | -18.18 | 0 | 0 | 0.06 | 500.0 | 11.99 | 3.18 | 1.54 | 19.38 | 0.53 | 47.22 | 5.29 | 51.14 | 7.36 | 42.64 | -0.7 | 0 | 4.59 | 54.55 | 0.01 | -31.1 |
| 2020 (7) | 6.77 | -15.06 | 2.16 | -42.25 | 0.68 | 0 | 0 | 0 | 33.32 | -13.48 | 2.48 | 65.33 | 3.48 | -9.61 | 10.44 | 4.47 | 6.75 | -2.17 | 0.11 | -8.33 | 0 | 0 | 0.01 | 0 | 11.62 | 20.54 | 1.29 | 13.16 | 0.36 | 56.52 | 3.5 | 39.44 | 5.16 | 32.65 | -0.53 | 0 | 2.97 | 38.14 | 0.02 | 1.42 |
| 2019 (6) | 7.97 | 67.09 | 3.74 | -12.0 | 0 | 0 | 0 | 0 | 38.51 | -8.22 | 1.5 | 94.81 | 3.85 | 2.39 | 10.00 | 11.57 | 6.9 | -26.44 | 0.12 | 0 | 4.89 | 77.82 | 0 | 0 | 9.64 | 0.1 | 1.14 | 6.54 | 0.23 | -42.5 | 2.51 | 84.56 | 3.89 | 37.46 | -0.36 | 0 | 2.15 | 90.27 | 0.02 | -13.79 |
| 2018 (5) | 4.77 | 17.2 | 4.25 | -5.76 | 0.77 | 1440.0 | 0 | 0 | 41.96 | 4.8 | 0.77 | 57.14 | 3.76 | 6.52 | 8.96 | 1.64 | 9.38 | -8.04 | 0 | 0 | 2.75 | -26.67 | 0 | 0 | 9.63 | 0.31 | 1.07 | 4.9 | 0.4 | 185.71 | 1.36 | 43.16 | 2.83 | 34.76 | -0.23 | 0 | 1.13 | 105.45 | 0.02 | -45.16 |
| 2017 (4) | 4.07 | 50.18 | 4.51 | 107.83 | 0.05 | -80.0 | 0 | 0 | 40.04 | 27.8 | 0.49 | 345.45 | 3.53 | 41.77 | 8.82 | 10.93 | 10.2 | 30.1 | 1.56 | -17.46 | 3.75 | 15.74 | 0 | 0 | 9.6 | 0.52 | 1.02 | 0.99 | 0.14 | 0.0 | 0.95 | 69.64 | 2.1 | 22.81 | -0.4 | 0 | 0.55 | -8.33 | 0.03 | -16.26 |
| 2016 (3) | 2.71 | -49.91 | 2.17 | -17.18 | 0.25 | -65.75 | 0 | 0 | 31.33 | 6.82 | 0.11 | 0 | 2.49 | -33.24 | 7.95 | -37.51 | 7.84 | 15.98 | 1.89 | -16.74 | 3.24 | -32.22 | 0.06 | 0.0 | 9.55 | 0.53 | 1.01 | 0.0 | 0.14 | 0.0 | 0.56 | 21.74 | 1.71 | 6.21 | 0.04 | -92.31 | 0.6 | -38.78 | 0.04 | -14.91 |
| 2015 (2) | 5.41 | 86.55 | 2.62 | 4.8 | 0.73 | -56.55 | 0 | 0 | 29.33 | -23.3 | -0.88 | 0 | 3.73 | 0.27 | 12.72 | 30.73 | 6.76 | -15.29 | 2.27 | -5.42 | 4.78 | -29.6 | 0.06 | 0.0 | 9.5 | 25.99 | 1.01 | 4.12 | 0.14 | 0.0 | 0.46 | -80.26 | 1.61 | -53.06 | 0.52 | 6.12 | 0.98 | -65.25 | 0.05 | 5.39 |
| 2014 (1) | 2.9 | -24.87 | 2.5 | -31.51 | 1.68 | -66.53 | 0 | 0 | 38.24 | -7.45 | 0.37 | 428.57 | 3.72 | 0.0 | 9.73 | 8.05 | 7.98 | -4.32 | 2.4 | 2.13 | 6.79 | 116.93 | 0.06 | -14.29 | 7.54 | 2.03 | 0.97 | 1.04 | 0.14 | -66.67 | 2.33 | 29.44 | 3.43 | 7.86 | 0.49 | 444.44 | 2.82 | 49.21 | 0.04 | -22.75 |
| 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) | 6.17 | -29.81 | -13.95 | 1.35 | 18.42 | 68.75 | 0.49 | 2.08 | 81.48 | 0 | 0 | 0 | 14.41 | 9.42 | 52.0 | 1.05 | -30.46 | 41.89 | 3.52 | 6.99 | 0.86 | 7.65 | -4.47 | -20.31 | 10.36 | 4.54 | 21.03 | 0.13 | -7.14 | -23.53 | 1.02 | 7.37 | 47.83 | 0.07 | 16.67 | 16.67 | 9.61 | 0.0 | 0.1 | 0 | -100.0 | -100.0 | 0 | -100.0 | -100.0 | 0 | -100.0 | -100.0 | 13.39 | 8.51 | 17.66 | 0.36 | -30.77 | 56.52 | 0.36 | -96.38 | -96.12 | 0.00 | 0 | 0 |
| 24Q2 (19) | 8.79 | 17.36 | -4.35 | 1.14 | 0 | 46.15 | 0.48 | 33.33 | 166.67 | 0 | 0 | 0 | 13.17 | 39.66 | 43.93 | 1.51 | 43.81 | -47.75 | 3.29 | 29.02 | 33.2 | 8.00 | 16.4 | 16.09 | 9.91 | 7.25 | 9.38 | 0.14 | -12.5 | -17.65 | 0.95 | -2.06 | 63.79 | 0.06 | 0.0 | 0.0 | 9.61 | 0.0 | 0.1 | 2.8 | 23.89 | 23.89 | 0.11 | 57.14 | 57.14 | 9.43 | -11.12 | 13.61 | 12.34 | -4.64 | 16.09 | 0.52 | 147.62 | 1833.33 | 9.95 | -8.04 | 20.31 | 0.00 | 0 | -100.0 |
| 24Q1 (18) | 7.49 | 18.51 | 5.49 | 0 | 0 | -100.0 | 0.36 | 24.14 | 414.29 | 0 | 0 | 0 | 9.43 | 4.55 | 5.6 | 1.05 | 105.88 | -12.5 | 2.55 | -7.27 | 36.36 | 6.88 | -8.52 | 35.66 | 9.24 | 18.61 | 0.76 | 0.16 | -5.88 | 0.0 | 0.97 | 11.49 | 90.2 | 0.06 | 0.0 | 0.0 | 9.61 | 0.0 | 0.1 | 2.26 | 0.0 | 15.9 | 0.07 | 0.0 | -90.0 | 10.61 | 10.98 | 53.77 | 12.94 | 8.83 | 35.5 | 0.21 | 290.91 | 240.0 | 10.82 | 14.5 | 60.3 | 0.00 | 0 | -100.0 |
| 23Q4 (17) | 6.32 | -11.85 | -14.36 | 0 | -100.0 | -100.0 | 0.29 | 7.41 | 625.0 | 0 | 0 | 0 | 9.02 | -4.85 | 2.38 | 0.51 | -31.08 | 21.43 | 2.75 | -21.2 | 79.74 | 7.52 | -21.66 | 78.17 | 7.79 | -9.0 | -9.1 | 0.17 | 0.0 | 13.33 | 0.87 | 26.09 | 411.76 | 0.06 | 0.0 | 0.0 | 9.61 | 0.1 | 0.21 | 2.26 | 0.0 | 15.9 | 0.07 | 0.0 | -90.0 | 9.56 | 5.64 | 68.01 | 11.89 | 4.48 | 42.57 | -0.11 | -147.83 | -57.14 | 9.45 | 1.83 | 68.15 | 0.00 | 0 | -100.0 |
| 23Q3 (16) | 7.17 | -21.98 | -10.71 | 0.8 | 2.56 | -48.05 | 0.27 | 50.0 | 0 | 0 | 0 | 0 | 9.48 | 3.61 | 6.16 | 0.74 | -74.39 | 236.36 | 3.49 | 41.3 | 26.45 | 9.60 | 39.16 | 25.65 | 8.56 | -5.52 | -13.1 | 0.17 | 0.0 | 13.33 | 0.69 | 18.97 | 360.0 | 0.06 | 0.0 | 0.0 | 9.6 | 0.0 | 0.1 | 2.26 | 0.0 | 15.9 | 0.07 | 0.0 | -90.0 | 9.05 | 9.04 | 70.75 | 11.38 | 7.06 | 43.14 | 0.23 | 866.67 | 187.5 | 9.28 | 12.21 | 72.49 | 0.00 | -100.0 | -100.0 |
| 23Q2 (15) | 9.19 | 29.44 | -15.38 | 0.78 | 500.0 | -60.61 | 0.18 | 157.14 | 0 | 0 | 0 | 0 | 9.15 | 2.46 | -10.47 | 2.89 | 140.83 | 125.78 | 2.47 | 32.09 | -19.81 | 6.90 | 36.03 | -27.48 | 9.06 | -1.2 | -13.55 | 0.17 | 6.25 | 142.86 | 0.58 | 13.73 | 5700.0 | 0.06 | 0.0 | 0.0 | 9.6 | 0.0 | -19.93 | 2.26 | 15.9 | 15.9 | 0.07 | -90.0 | -90.0 | 8.3 | 20.29 | 63.39 | 10.63 | 11.31 | 37.52 | -0.03 | 80.0 | 90.32 | 8.27 | 22.52 | 73.38 | 0.01 | -20.72 | -33.81 |
| 23Q1 (14) | 7.1 | -3.79 | -34.5 | 0.13 | -84.88 | -85.56 | 0.07 | 75.0 | 0 | 0 | 0 | 0 | 8.93 | 1.36 | 7.59 | 1.2 | 185.71 | -4.0 | 1.87 | 22.22 | 5.06 | 5.07 | 20.13 | -8.21 | 9.17 | 7.0 | 6.01 | 0.16 | 6.67 | 100.0 | 0.51 | 200.0 | 0 | 0.06 | 0.0 | 0.0 | 9.6 | 0.1 | -19.93 | 1.95 | 0.0 | 26.62 | 0.7 | 0.0 | 32.08 | 6.9 | 21.27 | 5.5 | 9.55 | 14.51 | 10.92 | -0.15 | -114.29 | 69.39 | 6.75 | 20.11 | 11.57 | 0.01 | -11.77 | -20.05 |
| 22Q4 (13) | 7.38 | -8.09 | -19.43 | 0.86 | -44.16 | -7.53 | 0.04 | 0 | 0 | 0 | 0 | 0 | 8.81 | -1.34 | 1.38 | 0.42 | 90.91 | -53.33 | 1.53 | -44.57 | -51.74 | 4.22 | -44.75 | -54.61 | 8.57 | -12.99 | 28.49 | 0.15 | 0.0 | 66.67 | 0.17 | 13.33 | 0 | 0.06 | 0.0 | 0.0 | 9.59 | 0.0 | -20.02 | 1.95 | 0.0 | 26.62 | 0.7 | 0.0 | 32.08 | 5.69 | 7.36 | 7.56 | 8.34 | 4.91 | 13.32 | -0.07 | -187.5 | 90.0 | 5.62 | 4.46 | 22.44 | 0.01 | -4.69 | -11.07 |
| 22Q3 (12) | 8.03 | -26.06 | -34.29 | 1.54 | -22.22 | 25.2 | 0 | 0 | 0 | 0 | 0 | 0 | 8.93 | -12.62 | 72.39 | 0.22 | -82.81 | -72.15 | 2.76 | -10.39 | 37.31 | 7.64 | -19.69 | 33.1 | 9.85 | -6.01 | 42.96 | 0.15 | 114.29 | 50.0 | 0.15 | 1400.0 | 0 | 0.06 | 0.0 | 0.0 | 9.59 | -20.02 | -20.02 | 1.95 | 0.0 | 26.62 | 0.7 | 0.0 | 32.08 | 5.3 | 4.33 | 21.0 | 7.95 | 2.85 | 23.26 | 0.08 | 125.81 | 111.76 | 5.38 | 12.79 | 45.41 | 0.01 | -0.71 | -18.12 |
| 22Q2 (11) | 10.86 | 0.18 | -3.47 | 1.98 | 120.0 | 51.15 | 0 | 0 | 0 | 0 | 0 | 0 | 10.22 | 23.13 | 1.59 | 1.28 | 2.4 | 18.52 | 3.08 | 73.03 | 19.84 | 9.51 | 72.18 | 43.34 | 10.48 | 21.16 | 48.02 | 0.07 | -12.5 | -36.36 | 0.01 | 0 | 0 | 0.06 | 0.0 | 0 | 11.99 | 0.0 | 0.0 | 1.95 | 26.62 | 51.16 | 0.7 | 32.08 | 94.44 | 5.08 | -22.32 | -14.19 | 7.73 | -10.22 | 1.98 | -0.31 | 36.73 | 53.03 | 4.77 | -21.16 | -9.32 | 0.01 | -4.25 | -18.95 |
| 22Q1 (10) | 10.84 | 18.34 | 14.95 | 0.9 | -3.23 | -63.27 | 0 | 0 | 0 | 0 | 0 | 0 | 8.3 | -4.49 | -18.39 | 1.25 | 38.89 | -6.02 | 1.78 | -43.85 | -55.61 | 5.52 | -40.59 | -50.54 | 8.65 | 29.69 | 8.94 | 0.08 | -11.11 | -27.27 | 0 | 0 | 0 | 0.06 | 0.0 | 0 | 11.99 | 0.0 | 0.0 | 1.54 | 0.0 | 19.38 | 0.53 | 0.0 | 47.22 | 6.54 | 23.63 | 35.12 | 8.61 | 16.98 | 32.46 | -0.49 | 30.0 | 10.91 | 6.05 | 31.81 | 41.03 | 0.01 | -1.85 | -22.83 |
| 21Q4 (9) | 9.16 | -25.04 | 35.3 | 0.93 | -24.39 | -56.94 | 0 | 0 | -100.0 | 0 | 0 | 0 | 8.69 | 67.76 | -9.67 | 0.9 | 13.92 | 104.55 | 3.17 | 57.71 | -8.91 | 9.30 | 62.01 | -10.96 | 6.67 | -3.19 | -1.19 | 0.09 | -10.0 | -18.18 | 0 | 0 | 0 | 0.06 | 0.0 | 500.0 | 11.99 | 0.0 | 3.18 | 1.54 | 0.0 | 19.38 | 0.53 | 0.0 | 47.22 | 5.29 | 20.78 | 51.14 | 7.36 | 14.11 | 42.64 | -0.7 | -2.94 | -32.08 | 4.59 | 24.05 | 54.55 | 0.01 | -12.26 | -31.1 |
| 21Q3 (8) | 12.22 | 8.62 | 112.89 | 1.23 | -6.11 | -47.66 | 0 | 0 | 0 | 0 | 0 | 0 | 5.18 | -48.51 | -41.73 | 0.79 | -26.85 | -24.04 | 2.01 | -21.79 | -39.46 | 5.74 | -13.51 | -43.33 | 6.89 | -2.68 | -4.57 | 0.1 | -9.09 | -9.09 | 0 | 0 | -100.0 | 0.06 | 0 | 500.0 | 11.99 | 0.0 | 13.33 | 1.54 | 19.38 | 19.38 | 0.53 | 47.22 | 47.22 | 4.38 | -26.01 | 42.67 | 6.45 | -14.91 | 36.36 | -0.68 | -3.03 | -41.67 | 3.7 | -29.66 | 42.86 | 0.01 | -1.72 | -24.92 |
| 21Q2 (7) | 11.25 | 19.3 | 29.61 | 1.31 | -46.53 | -65.16 | 0 | 0 | 0 | 0 | 0 | 0 | 10.06 | -1.08 | 39.14 | 1.08 | -18.8 | 61.19 | 2.57 | -35.91 | -17.1 | 6.63 | -40.59 | 0 | 7.08 | -10.83 | -6.96 | 0.11 | 0.0 | -8.33 | 0 | 0 | -100.0 | 0 | 0 | 0 | 11.99 | 0.0 | 28.92 | 1.29 | 0.0 | 0.0 | 0.36 | 0.0 | 0.0 | 5.92 | 22.31 | 193.07 | 7.58 | 16.62 | 105.98 | -0.66 | -20.0 | -53.49 | 5.26 | 22.61 | 230.82 | 0.01 | -8.83 | -31.4 |
| 21Q1 (6) | 9.43 | 39.29 | 19.07 | 2.45 | 13.43 | -39.51 | 0 | -100.0 | 0 | 0 | 0 | 0 | 10.17 | 5.72 | 33.99 | 1.33 | 202.27 | 291.18 | 4.01 | 15.23 | -11.87 | 11.17 | 6.95 | 0 | 7.94 | 17.63 | 7.88 | 0.11 | 0.0 | -8.33 | 0 | 0 | -100.0 | 0 | -100.0 | 0 | 11.99 | 3.18 | 24.38 | 1.29 | 0.0 | 13.16 | 0.36 | 0.0 | 56.52 | 4.84 | 38.29 | 69.82 | 6.5 | 25.97 | 54.03 | -0.55 | -3.77 | -66.67 | 4.29 | 44.44 | 70.24 | 0.01 | -12.37 | -9.49 |
| 20Q4 (5) | 6.77 | 17.94 | -15.06 | 2.16 | -8.09 | -42.25 | 0.68 | 0 | 0 | 0 | 0 | 0 | 9.62 | 8.21 | 5.95 | 0.44 | -57.69 | 12.82 | 3.48 | 4.82 | -9.61 | 10.44 | 3.12 | 0 | 6.75 | -6.51 | -2.17 | 0.11 | 0.0 | -8.33 | 0 | -100.0 | -100.0 | 0.01 | 0.0 | 0 | 11.62 | 9.83 | 20.54 | 1.29 | 0.0 | 13.16 | 0.36 | 0.0 | 56.52 | 3.5 | 14.01 | 39.44 | 5.16 | 9.09 | 32.65 | -0.53 | -10.42 | -47.22 | 2.97 | 14.67 | 38.14 | 0.02 | -4.38 | 1.42 |
| 20Q3 (4) | 5.74 | -33.87 | 0.0 | 2.35 | -37.5 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 8.89 | 22.96 | 0.0 | 1.04 | 55.22 | 0.0 | 3.32 | 7.1 | 0.0 | 10.13 | 0 | 0.0 | 7.22 | -5.12 | 0.0 | 0.11 | -8.33 | 0.0 | 2.89 | -41.14 | 0.0 | 0.01 | 0 | 0.0 | 10.58 | 13.76 | 0.0 | 1.29 | 0.0 | 0.0 | 0.36 | 0.0 | 0.0 | 3.07 | 51.98 | 0.0 | 4.73 | 28.53 | 0.0 | -0.48 | -11.63 | 0.0 | 2.59 | 62.89 | 0.0 | 0.02 | -10.19 | 0.0 |
