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) | 13.83 | -9.9 | 4.07 | 33.01 | 1.24 | 264.71 | 0 | 0 | 38.73 | -6.38 | 1.25 | -57.48 | 13.88 | 12.3 | 35.84 | 19.95 | 2.96 | 8.42 | 4.15 | -0.48 | 10.06 | 3.93 | 3.37 | -1.75 | 12.6 | 5.0 | 2.17 | 16.04 | 0 | 0 | 7.32 | -0.41 | 9.49 | 0.11 | 1.23 | 1950.0 | 8.55 | 15.38 | 0.12 | -28.67 |
| 2022 (9) | 15.35 | -1.41 | 3.06 | 10.87 | 0.34 | 3.03 | 0 | 0 | 41.37 | 7.45 | 2.94 | 26.18 | 12.36 | 13.19 | 29.88 | 5.33 | 2.73 | -6.19 | 4.17 | 6.38 | 9.68 | 680.65 | 3.43 | 1.48 | 12.0 | 4.99 | 1.87 | 14.02 | 0.26 | -21.21 | 7.35 | 29.63 | 9.48 | 24.08 | 0.06 | 0 | 7.41 | 36.97 | 0.17 | -12.24 |
| 2021 (8) | 15.57 | -7.71 | 2.76 | -19.77 | 0.33 | -70.27 | 0 | 0 | 38.5 | -6.07 | 2.33 | -6.05 | 10.92 | 3.21 | 28.36 | 9.89 | 2.91 | -12.35 | 3.92 | -6.44 | 1.24 | -17.88 | 3.38 | -1.74 | 11.43 | 4.96 | 1.64 | 17.14 | 0.33 | -15.38 | 5.67 | 23.26 | 7.64 | 19.75 | -0.26 | 0 | 5.41 | 26.7 | 0.19 | 2.35 |
| 2020 (7) | 16.87 | 61.59 | 3.44 | 70.3 | 1.11 | -29.3 | 0 | 0 | 40.99 | 31.21 | 2.48 | 27.18 | 10.58 | 21.89 | 25.81 | -7.1 | 3.32 | 37.19 | 4.19 | 30.94 | 1.51 | 36.04 | 3.44 | 24.19 | 10.89 | 6.45 | 1.4 | 16.67 | 0.39 | -7.14 | 4.6 | 60.84 | 6.38 | 42.41 | -0.33 | 0 | 4.27 | 72.87 | 0.18 | 161.17 |
| 2019 (6) | 10.44 | 50.22 | 2.02 | 20.24 | 1.57 | 1327.27 | 0 | 0 | 31.24 | 2.19 | 1.95 | 33.56 | 8.68 | -13.11 | 27.78 | -14.98 | 2.42 | -20.92 | 3.2 | 40.97 | 1.11 | -58.11 | 2.77 | 36.45 | 10.23 | 5.03 | 1.2 | 14.29 | 0.42 | 250.0 | 2.86 | 22.75 | 4.48 | 28.0 | -0.39 | 0 | 2.47 | 29.32 | 0.07 | -10.31 |
| 2018 (5) | 6.95 | 34.95 | 1.68 | -55.67 | 0.11 | -56.0 | 0 | 0 | 30.57 | 16.81 | 1.46 | 17.74 | 9.99 | 12.5 | 32.68 | -3.69 | 3.06 | 121.74 | 2.27 | -3.81 | 2.65 | 54.07 | 2.03 | 31.82 | 9.74 | 22.82 | 1.05 | 12.9 | 0.12 | 0 | 2.33 | -13.06 | 3.5 | -3.05 | -0.42 | 0 | 1.91 | -25.39 | 0.08 | -12.29 |
| 2017 (4) | 5.15 | -6.36 | 3.79 | 58.58 | 0.25 | 127.27 | 0 | 0 | 26.17 | 12.32 | 1.24 | 0.81 | 8.88 | 25.78 | 33.93 | 11.99 | 1.38 | -15.34 | 2.36 | -7.09 | 1.72 | -8.99 | 1.54 | -7.23 | 7.93 | 4.89 | 0.93 | 14.81 | 0 | 0 | 2.68 | 17.54 | 3.61 | 16.83 | -0.12 | 0 | 2.56 | 3.23 | 0.09 | 11.85 |
| 2016 (3) | 5.5 | -28.01 | 2.39 | 291.8 | 0.11 | -82.81 | 0 | 0 | 23.3 | 9.13 | 1.23 | -43.32 | 7.06 | 11.53 | 30.30 | 2.2 | 1.63 | 31.45 | 2.54 | 2.83 | 1.89 | 40.0 | 1.66 | 61.17 | 7.56 | 1.75 | 0.81 | 37.29 | 0 | 0 | 2.28 | -3.8 | 3.09 | 4.39 | 0.2 | -39.39 | 2.48 | -8.15 | 0.08 | 21.91 |
| 2015 (2) | 7.64 | 12.02 | 0.61 | -44.04 | 0.64 | -86.8 | 0 | 0 | 21.35 | 8.43 | 2.17 | 104.72 | 6.33 | 6.03 | 29.65 | -2.21 | 1.24 | -7.46 | 2.47 | -0.4 | 1.35 | -7.53 | 1.03 | -10.43 | 7.43 | 26.36 | 0.59 | 20.41 | 0 | 0 | 2.37 | 134.65 | 2.96 | 97.33 | 0.33 | 725.0 | 2.7 | 157.14 | 0.07 | -41.72 |
| 2014 (1) | 6.82 | -10.14 | 1.09 | 67.69 | 4.85 | 3133.33 | 0 | 0 | 19.69 | 5.58 | 1.06 | 19.1 | 5.97 | 2.75 | 30.32 | -2.67 | 1.34 | -13.55 | 2.48 | 98.4 | 1.46 | -69.39 | 1.15 | -8.73 | 5.88 | 5.76 | 0.49 | 13.95 | 0 | 0 | 1.01 | 74.14 | 1.5 | 48.51 | 0.04 | 300.0 | 1.05 | 77.97 | 0.11 | 34.95 |
| 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) | 14.27 | 2.29 | 9.94 | 4.03 | 1.26 | -5.18 | 1.27 | 1.6 | 296.88 | 0 | 0 | 0 | 11.5 | 5.31 | 18.68 | 0.17 | -76.06 | 70.0 | 12.25 | -10.39 | -4.67 | 28.61 | -14.18 | -16.91 | 2.99 | -0.66 | -3.55 | 3.74 | -1.58 | -10.53 | 9.29 | -1.06 | -6.82 | 3.27 | -1.21 | -4.11 | 13.11 | 0.0 | 4.05 | 2.29 | 0.0 | 5.53 | 0 | 0 | 0 | 7.32 | 2.38 | 6.55 | 9.61 | 1.8 | 6.31 | 0.91 | -21.55 | -43.83 | 8.23 | -0.96 | -3.06 | 0.12 | 5.07 | -7.3 |
| 24Q2 (19) | 13.95 | 10.54 | 6.9 | 3.98 | 8.45 | -6.35 | 1.25 | 5.04 | 257.14 | 0 | 0 | 0 | 10.92 | 12.23 | 16.05 | 0.71 | 184.0 | 115.15 | 13.67 | 2.86 | 23.93 | 33.33 | -0.93 | 15.38 | 3.01 | 5.24 | -3.53 | 3.8 | -5.0 | -4.76 | 9.39 | -5.34 | -2.9 | 3.31 | -0.9 | -4.61 | 13.11 | 4.05 | 4.05 | 2.29 | 5.53 | 5.53 | 0 | 0 | 0 | 7.15 | -5.55 | 5.46 | 9.44 | -3.08 | 5.47 | 1.16 | -34.09 | 96.61 | 8.31 | -10.93 | 12.75 | 0.11 | -4.25 | -16.9 |
| 24Q1 (18) | 12.62 | -8.75 | -16.97 | 3.67 | -9.83 | -26.89 | 1.19 | -4.03 | 205.13 | 0 | 0 | 0 | 9.73 | -8.81 | 8.59 | 0.25 | -44.44 | -32.43 | 13.29 | -4.25 | 16.48 | 33.65 | -6.12 | 17.74 | 2.86 | -3.38 | -2.39 | 4.0 | -3.61 | -3.38 | 9.92 | -1.39 | 3.87 | 3.34 | -0.89 | -5.65 | 12.6 | 0.0 | 5.0 | 2.17 | 0.0 | 16.04 | 0 | 0 | -100.0 | 7.57 | 3.42 | -1.69 | 9.74 | 2.63 | -0.92 | 1.76 | 43.09 | 433.33 | 9.33 | 9.12 | 16.19 | 0.11 | -3.02 | -26.6 |
| 23Q4 (17) | 13.83 | 6.55 | -9.9 | 4.07 | -4.24 | 33.01 | 1.24 | 287.5 | 264.71 | 0 | 0 | 0 | 10.67 | 10.11 | 15.23 | 0.45 | 350.0 | 215.38 | 13.88 | 8.02 | 12.3 | 35.84 | 4.08 | 19.95 | 2.96 | -4.52 | 8.42 | 4.15 | -0.72 | -0.48 | 10.06 | 0.9 | 3.93 | 3.37 | -1.17 | -1.75 | 12.6 | 0.0 | 5.0 | 2.17 | 0.0 | 16.04 | 0 | 0 | -100.0 | 7.32 | 6.55 | -0.41 | 9.49 | 4.98 | 0.11 | 1.23 | -24.07 | 1950.0 | 8.55 | 0.71 | 15.38 | 0.12 | -4.98 | -28.67 |
| 23Q3 (16) | 12.98 | -0.54 | -20.9 | 4.25 | 0.0 | 25.37 | 0.32 | -8.57 | -3.03 | 0 | 0 | 0 | 9.69 | 2.98 | -8.15 | 0.1 | -69.7 | -91.23 | 12.85 | 16.5 | 14.94 | 34.43 | 19.19 | 31.72 | 3.1 | -0.64 | 4.73 | 4.18 | 4.76 | 2.96 | 9.97 | 3.1 | -8.87 | 3.41 | -1.73 | -0.58 | 12.6 | 0.0 | 5.0 | 2.17 | 0.0 | 16.04 | 0 | 0 | -100.0 | 6.87 | 1.33 | -11.01 | 9.04 | 1.01 | -8.22 | 1.62 | 174.58 | 775.0 | 8.49 | 15.2 | 13.5 | 0.12 | -5.82 | -28.04 |
| 23Q2 (15) | 13.05 | -14.14 | -25.47 | 4.25 | -15.34 | 10.68 | 0.35 | -10.26 | 6.06 | 0 | 0 | 0 | 9.41 | 5.02 | -15.68 | 0.33 | -10.81 | -67.96 | 11.03 | -3.33 | -9.14 | 28.89 | 1.1 | -0.96 | 3.12 | 6.48 | -0.64 | 3.99 | -3.62 | 2.57 | 9.67 | 1.26 | -25.73 | 3.47 | -1.98 | 0.0 | 12.6 | 5.0 | 5.0 | 2.17 | 16.04 | 16.04 | 0 | -100.0 | -100.0 | 6.78 | -11.95 | 3.35 | 8.95 | -8.95 | 2.99 | 0.59 | 78.79 | 231.11 | 7.37 | -8.22 | 20.62 | 0.13 | -15.43 | -24.85 |
| 23Q1 (14) | 15.2 | -0.98 | 5.7 | 5.02 | 64.05 | 49.85 | 0.39 | 14.71 | 18.18 | 0 | 0 | 0 | 8.96 | -3.24 | -13.85 | 0.37 | 194.87 | -68.38 | 11.41 | -7.69 | -9.44 | 28.58 | -4.36 | -9.56 | 2.93 | 7.33 | -10.67 | 4.14 | -0.72 | 9.52 | 9.55 | -1.34 | 723.28 | 3.54 | 3.21 | 2.91 | 12.0 | 0.0 | 4.99 | 1.87 | 0.0 | 14.02 | 0.26 | 0.0 | -21.21 | 7.7 | 4.76 | 12.57 | 9.83 | 3.69 | 11.58 | 0.33 | 450.0 | 243.48 | 8.03 | 8.37 | 21.48 | 0.16 | -5.75 | -12.3 |
| 22Q4 (13) | 15.35 | -6.46 | -1.41 | 3.06 | -9.73 | 10.87 | 0.34 | 3.03 | 3.03 | 0 | 0 | 0 | 9.26 | -12.23 | -13.13 | -0.39 | -134.21 | -139.39 | 12.36 | 10.55 | 13.19 | 29.88 | 14.3 | 5.33 | 2.73 | -7.77 | -6.19 | 4.17 | 2.71 | 6.38 | 9.68 | -11.52 | 680.65 | 3.43 | 0.0 | 1.48 | 12.0 | 0.0 | 4.99 | 1.87 | 0.0 | 14.02 | 0.26 | 0.0 | -21.21 | 7.35 | -4.79 | 29.63 | 9.48 | -3.76 | 24.08 | 0.06 | 125.0 | 123.08 | 7.41 | -0.94 | 36.97 | 0.17 | -4.14 | -12.24 |
| 22Q3 (12) | 16.41 | -6.28 | 15.08 | 3.39 | -11.72 | 8.65 | 0.33 | 0.0 | 17.86 | 0 | 0 | 0 | 10.55 | -5.47 | 12.23 | 1.14 | 10.68 | 178.05 | 11.18 | -7.91 | 1.73 | 26.14 | -10.38 | -7.1 | 2.96 | -5.73 | -10.3 | 4.06 | 4.37 | -3.56 | 10.94 | -15.98 | 728.79 | 3.43 | -1.15 | 3.63 | 12.0 | 0.0 | 4.99 | 1.87 | 0.0 | 14.02 | 0.26 | 0.0 | -21.21 | 7.72 | 17.68 | 65.67 | 9.85 | 13.35 | 48.57 | -0.24 | 46.67 | -700.0 | 7.48 | 22.42 | 61.56 | 0.17 | -1.64 | 1.25 |
| 22Q2 (11) | 17.51 | 21.77 | 15.81 | 3.84 | 14.63 | 12.94 | 0.33 | 0.0 | 94.12 | 0 | 0 | 0 | 11.16 | 7.31 | 18.47 | 1.03 | -11.97 | 164.1 | 12.14 | -3.65 | 16.96 | 29.17 | -7.68 | 16.48 | 3.14 | -4.27 | -8.45 | 3.89 | 2.91 | -6.27 | 13.02 | 1022.41 | 740.0 | 3.47 | 0.87 | 3.89 | 12.0 | 4.99 | 4.99 | 1.87 | 14.02 | 14.02 | 0.26 | -21.21 | -21.21 | 6.56 | -4.09 | 54.72 | 8.69 | -1.36 | 39.94 | -0.45 | -95.65 | -50.0 | 6.11 | -7.56 | 55.08 | 0.18 | -1.31 | 0.05 |
| 22Q1 (10) | 14.38 | -7.64 | -16.44 | 3.35 | 21.38 | -14.32 | 0.33 | 0.0 | 200.0 | 0 | 0 | 0 | 10.4 | -2.44 | 15.3 | 1.17 | 18.18 | 120.75 | 12.6 | 15.38 | 21.62 | 31.59 | 11.39 | 26.84 | 3.28 | 12.71 | -1.5 | 3.78 | -3.57 | -9.79 | 1.16 | -6.45 | -21.62 | 3.44 | 1.78 | 1.47 | 11.43 | 0.0 | 4.96 | 1.64 | 0.0 | 17.14 | 0.33 | 0.0 | -15.38 | 6.84 | 20.63 | 33.33 | 8.81 | 15.31 | 27.31 | -0.23 | 11.54 | 30.3 | 6.61 | 22.18 | 37.71 | 0.18 | -5.69 | -2.59 |
| 21Q4 (9) | 15.57 | 9.19 | -7.71 | 2.76 | -11.54 | -19.77 | 0.33 | 17.86 | -70.27 | 0 | 0 | 0 | 10.66 | 13.4 | -4.99 | 0.99 | 141.46 | 30.26 | 10.92 | -0.64 | 3.21 | 28.36 | 0.81 | 9.89 | 2.91 | -11.82 | -12.35 | 3.92 | -6.89 | -6.44 | 1.24 | -6.06 | -17.88 | 3.38 | 2.11 | -1.74 | 11.43 | 0.0 | 4.96 | 1.64 | 0.0 | 17.14 | 0.33 | 0.0 | -15.38 | 5.67 | 21.67 | 23.26 | 7.64 | 15.23 | 19.75 | -0.26 | -766.67 | 21.21 | 5.41 | 16.85 | 26.7 | 0.19 | 10.59 | 2.35 |
| 21Q3 (8) | 14.26 | -5.69 | -8.71 | 3.12 | -8.24 | -0.32 | 0.28 | 64.71 | -75.86 | 0 | 0 | 0 | 9.4 | -0.21 | -20.27 | 0.41 | 5.13 | -69.63 | 10.99 | 5.88 | 4.07 | 28.14 | 12.36 | 0.79 | 3.3 | -3.79 | 12.24 | 4.21 | 1.45 | 30.34 | 1.32 | -14.84 | 28.16 | 3.31 | -0.9 | 26.34 | 11.43 | 0.0 | 5.15 | 1.64 | 0.0 | 17.14 | 0.33 | 0.0 | -15.38 | 4.66 | 9.91 | 20.73 | 6.63 | 6.76 | 17.35 | -0.03 | 90.0 | 85.0 | 4.63 | 17.51 | 26.5 | 0.17 | -2.8 | 30.85 |
| 21Q2 (7) | 15.12 | -12.14 | 14.72 | 3.4 | -13.04 | 27.34 | 0.17 | 54.55 | -88.82 | 0 | 0 | 0 | 9.42 | 4.43 | -1.46 | 0.39 | -26.42 | -48.68 | 10.38 | 0.19 | 7.23 | 25.04 | 0.53 | 0 | 3.43 | 3.0 | 17.06 | 4.15 | -0.95 | 26.52 | 1.55 | 4.73 | 46.23 | 3.34 | -1.47 | 25.09 | 11.43 | 4.96 | 6.23 | 1.64 | 17.14 | 17.14 | 0.33 | -15.38 | -15.38 | 4.24 | -17.35 | 68.92 | 6.21 | -10.26 | 44.42 | -0.3 | 9.09 | -42.86 | 3.94 | -17.92 | 71.3 | 0.18 | -3.92 | 50.78 |
| 21Q1 (6) | 17.21 | 2.02 | 66.28 | 3.91 | 13.66 | 92.61 | 0.11 | -90.09 | -93.04 | 0 | 0 | 0 | 9.02 | -19.61 | 7.13 | 0.53 | -30.26 | 235.9 | 10.36 | -2.08 | 12.24 | 24.91 | -3.49 | 0 | 3.33 | 0.3 | 18.93 | 4.19 | 0.0 | 32.18 | 1.48 | -1.99 | 35.78 | 3.39 | -1.45 | 25.56 | 10.89 | 0.0 | 6.45 | 1.4 | 0.0 | 16.67 | 0.39 | 0.0 | -7.14 | 5.13 | 11.52 | 106.85 | 6.92 | 8.46 | 68.78 | -0.33 | 0.0 | 52.86 | 4.8 | 12.41 | 169.66 | 0.18 | -0.9 | 154.58 |
| 20Q4 (5) | 16.87 | 8.0 | 61.59 | 3.44 | 9.9 | 70.3 | 1.11 | -4.31 | -29.3 | 0 | 0 | 0 | 11.22 | -4.83 | 39.21 | 0.76 | -43.7 | 153.33 | 10.58 | 0.19 | 21.89 | 25.81 | -7.53 | 0 | 3.32 | 12.93 | 37.19 | 4.19 | 29.72 | 30.94 | 1.51 | 46.6 | 36.04 | 3.44 | 31.3 | 25.09 | 10.89 | 0.18 | 6.45 | 1.4 | 0.0 | 16.67 | 0.39 | 0.0 | -7.14 | 4.6 | 19.17 | 60.84 | 6.38 | 12.92 | 42.41 | -0.33 | -65.0 | 15.38 | 4.27 | 16.67 | 72.87 | 0.18 | 41.39 | 161.17 |
| 20Q3 (4) | 15.62 | 18.51 | 0.0 | 3.13 | 17.23 | 0.0 | 1.16 | -23.68 | 0.0 | 0 | 0 | 0.0 | 11.79 | 23.33 | 0.0 | 1.35 | 77.63 | 0.0 | 10.56 | 9.09 | 0.0 | 27.91 | 0 | 0.0 | 2.94 | 0.34 | 0.0 | 3.23 | -1.52 | 0.0 | 1.03 | -2.83 | 0.0 | 2.62 | -1.87 | 0.0 | 10.87 | 1.02 | 0.0 | 1.4 | 0.0 | 0.0 | 0.39 | 0.0 | 0.0 | 3.86 | 53.78 | 0.0 | 5.65 | 31.4 | 0.0 | -0.2 | 4.76 | 0.0 | 3.66 | 59.13 | 0.0 | 0.13 | 12.0 | 0.0 |
