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) | 8.53 | 2.03 | 0 | 0 | 2.83 | -43.74 | 0 | 0 | 42.96 | 19.13 | 1.12 | 57.75 | 0.55 | 323.08 | 1.28 | 255.12 | 0.09 | -18.18 | 0 | 0 | 11.2 | 9.8 | 0.49 | 0.0 | 7.94 | 0.0 | 0.95 | 7.95 | 0.14 | 0.0 | 1.18 | 66.2 | 2.28 | 31.79 | -0.9 | 0 | 0.28 | 0 | 0.01 | -13.44 |
| 2022 (9) | 8.36 | 5.82 | 0 | 0 | 5.03 | 349.11 | 0 | 0 | 36.06 | 38.37 | 0.71 | 0 | 0.13 | -31.58 | 0.36 | -50.55 | 0.11 | -21.43 | 0 | 0 | 10.2 | -32.36 | 0.49 | 63.33 | 7.94 | 2.45 | 0.88 | -59.07 | 0.14 | -51.72 | 0.71 | 0 | 1.73 | 69.61 | -1.52 | 0 | -0.81 | 0 | 0.01 | 21.64 |
| 2021 (8) | 7.9 | 20.06 | 0 | 0 | 1.12 | -52.94 | 0 | 0 | 26.06 | -29.18 | -1.42 | 0 | 0.19 | 137.5 | 0.73 | 235.38 | 0.14 | 133.33 | 0 | 0 | 15.08 | 173.19 | 0.3 | 900.0 | 7.75 | 5.16 | 2.15 | 22.86 | 0.29 | -55.38 | -1.42 | 0 | 1.02 | -84.04 | -0.14 | 0 | -1.56 | 0 | 0.00 | -35.74 |
| 2020 (7) | 6.58 | 10.4 | 0 | 0 | 2.38 | 466.67 | 0 | 0 | 36.8 | 4.34 | 4.01 | -14.68 | 0.08 | -27.27 | 0.22 | -30.3 | 0.06 | 20.0 | 0 | 0 | 5.52 | -9.95 | 0.03 | 50.0 | 7.37 | 5.14 | 1.75 | 36.72 | 0.65 | 20.37 | 4.0 | -14.89 | 6.39 | -1.99 | -0.29 | 0 | 3.71 | -8.4 | 0.01 | 2.88 |
| 2019 (6) | 5.96 | -16.64 | 0 | 0 | 0.42 | 27.27 | 0 | 0 | 35.27 | 17.1 | 4.7 | 5.86 | 0.11 | -84.93 | 0.31 | -87.13 | 0.05 | 0 | 0 | 0 | 6.13 | -2.54 | 0.02 | 0 | 7.01 | 14.54 | 1.28 | 54.22 | 0.54 | -1.82 | 4.7 | 26.68 | 6.52 | 27.84 | -0.65 | 0 | 4.05 | 27.76 | 0.01 | -38.49 |
| 2018 (5) | 7.15 | 110.91 | 0 | 0 | 0.33 | -51.47 | 0 | 0 | 30.12 | 32.4 | 4.44 | 62.04 | 0.73 | 14.06 | 2.42 | -13.85 | 0 | 0 | 0 | 0 | 6.29 | 169.96 | 0 | 0 | 6.12 | 27.5 | 0.83 | 48.21 | 0.55 | -41.49 | 3.71 | 35.4 | 5.1 | 20.28 | -0.54 | 0 | 3.17 | 44.75 | 0.01 | 11.07 |
| 2017 (4) | 3.39 | 33.46 | 0 | 0 | 0.68 | -40.35 | 0 | 0 | 22.75 | 34.14 | 2.74 | 77.92 | 0.64 | 106.45 | 2.81 | 53.91 | 0 | 0 | 0 | 0 | 2.33 | -17.38 | 0 | 0 | 4.8 | 17.36 | 0.56 | 40.0 | 0.94 | 0 | 2.74 | 77.92 | 4.24 | 118.56 | -0.55 | 0 | 2.19 | 265.0 | 0.01 | -42.43 |
| 2016 (3) | 2.54 | 77.62 | 0 | 0 | 1.14 | 10.68 | 0 | 0 | 16.96 | 40.4 | 1.54 | 18.46 | 0.31 | -16.22 | 1.83 | -40.32 | 0 | 0 | 0 | 0 | 2.82 | 182.0 | 0 | 0 | 4.09 | 36.33 | 0.4 | 48.15 | 0 | 0 | 1.54 | 18.46 | 1.94 | 22.78 | -0.94 | 0 | 0.6 | -53.85 | 0.02 | 0.13 |
| 2015 (2) | 1.43 | 26.55 | 0.27 | 0 | 1.03 | 101.96 | 0 | 0 | 12.08 | 46.78 | 1.3 | 47.73 | 0.37 | -31.48 | 3.06 | -53.32 | 0 | 0 | 0 | 0 | 1.0 | 38.89 | 0 | 0 | 3.0 | 20.0 | 0.27 | 42.11 | 0 | 0 | 1.3 | 47.73 | 1.58 | 47.66 | 0 | 0 | 1.3 | 47.73 | 0.02 | 0.28 |
| 2014 (1) | 1.13 | 126.0 | 0 | 0 | 0.51 | 37.84 | 0 | 0 | 8.23 | 57.66 | 0.88 | 79.59 | 0.54 | 125.0 | 6.56 | 42.71 | 0 | 0 | 0 | 0 | 0.72 | 63.64 | 0 | 0 | 2.5 | 31.58 | 0.19 | 35.71 | 0 | 0 | 0.88 | 79.59 | 1.07 | 72.58 | 0 | 0 | 0.88 | 79.59 | 0.02 | 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) | 6.87 | -11.58 | -4.32 | 0 | 0 | 0 | 4.51 | -1.53 | 64.0 | 0 | 0 | 0 | 13.45 | 5.32 | 18.4 | 0.95 | 5.56 | 86.27 | 0.7 | -5.41 | 22.81 | 1.43 | -9.43 | 2.47 | 0.11 | -8.33 | 22.22 | 0 | 0 | 0 | 7.1 | -4.95 | -38.85 | 0.6 | 0.0 | 20.0 | 7.93 | 0.0 | -0.13 | 1.07 | 0.0 | 12.63 | 0.13 | 0.0 | -7.14 | 2.34 | 68.35 | 303.45 | 3.54 | 36.68 | 111.98 | -0.44 | 26.67 | 58.1 | 1.9 | 140.51 | 504.26 | 0.01 | 4.59 | 0.12 |
| 24Q2 (19) | 7.77 | 0.13 | 1.3 | 0 | 0 | -100.0 | 4.58 | 144.92 | 78.91 | 0 | 0 | 0 | 12.77 | 11.72 | 20.02 | 0.9 | 87.5 | 210.34 | 0.74 | 37.04 | 252.38 | 1.57 | 30.83 | 190.91 | 0.12 | 20.0 | 33.33 | 0 | 0 | 0 | 7.47 | -30.12 | -37.96 | 0.6 | 1.69 | 22.45 | 7.93 | 0.0 | -0.13 | 1.07 | 12.63 | 12.63 | 0.13 | -7.14 | -7.14 | 1.39 | -16.27 | 2216.67 | 2.59 | -6.16 | 123.28 | -0.6 | 20.0 | 50.41 | 0.79 | -13.19 | 168.7 | 0.01 | -6.81 | 3.46 |
| 24Q1 (18) | 7.76 | -9.03 | 67.97 | 0 | 0 | 0 | 1.87 | -33.92 | -19.4 | 0 | 0 | 0 | 11.43 | -0.17 | 20.32 | 0.48 | -11.11 | 308.7 | 0.54 | -1.82 | 237.5 | 1.20 | -6.04 | 174.71 | 0.1 | 11.11 | 25.0 | 0 | 0 | 0 | 10.69 | -4.55 | 9.64 | 0.59 | 20.41 | 25.53 | 7.93 | -0.13 | -0.13 | 0.95 | 0.0 | 7.95 | 0.14 | 0.0 | 0.0 | 1.66 | 40.68 | 245.83 | 2.76 | 21.05 | 84.0 | -0.75 | 16.67 | 44.85 | 0.91 | 225.0 | 203.41 | 0.01 | 7.31 | -7.49 |
| 23Q4 (17) | 8.53 | 18.8 | 2.03 | 0 | 0 | 0 | 2.83 | 2.91 | -43.74 | 0 | 0 | 0 | 11.45 | 0.79 | 20.91 | 0.54 | 5.88 | 2600.0 | 0.55 | -3.51 | 323.08 | 1.28 | -7.96 | 255.31 | 0.09 | 0.0 | -18.18 | 0 | 0 | 0 | 11.2 | -3.53 | 9.8 | 0.49 | -2.0 | 0.0 | 7.94 | 0.0 | 0.0 | 0.95 | 0.0 | 7.95 | 0.14 | 0.0 | 0.0 | 1.18 | 103.45 | 66.2 | 2.28 | 36.53 | 31.79 | -0.9 | 14.29 | 40.79 | 0.28 | 159.57 | 134.57 | 0.01 | -4.27 | -13.44 |
| 23Q3 (16) | 7.18 | -6.39 | -7.59 | 0 | -100.0 | 0 | 2.75 | 7.42 | 139.13 | 0 | 0 | 0 | 11.36 | 6.77 | 23.48 | 0.51 | 75.86 | 2450.0 | 0.57 | 171.43 | 171.43 | 1.39 | 157.12 | 134.33 | 0.09 | 0.0 | -10.0 | 0 | 0 | 0 | 11.61 | -3.57 | -19.26 | 0.5 | 2.04 | 61.29 | 7.94 | 0.0 | 2.58 | 0.95 | 0.0 | 7.95 | 0.14 | 0.0 | 0.0 | 0.58 | 866.67 | -15.94 | 1.67 | 43.97 | -2.34 | -1.05 | 13.22 | -950.0 | -0.47 | 59.13 | -179.66 | 0.01 | 8.07 | -13.33 |
| 23Q2 (15) | 7.67 | 66.02 | -9.76 | 0.1 | 0 | 0 | 2.56 | 10.34 | 120.69 | 0 | 0 | 0 | 10.64 | 12.0 | 27.27 | 0.29 | 226.09 | 625.0 | 0.21 | 31.25 | -12.5 | 0.54 | 23.54 | -33.35 | 0.09 | 12.5 | -25.0 | 0 | 0 | 0 | 12.04 | 23.49 | -17.7 | 0.49 | 4.26 | 63.33 | 7.94 | 0.0 | 2.45 | 0.95 | 7.95 | 7.95 | 0.14 | 0.0 | 0.0 | 0.06 | -87.5 | -91.04 | 1.16 | -22.67 | -31.36 | -1.21 | 11.03 | -1110.0 | -1.15 | -30.68 | -301.75 | 0.00 | -16.67 | -20.0 |
| 23Q1 (14) | 4.62 | -44.74 | -46.71 | 0 | 0 | 0 | 2.32 | -53.88 | 82.68 | 0 | 0 | 0 | 9.5 | 0.32 | 5.09 | -0.23 | -1250.0 | -136.51 | 0.16 | 23.08 | 45.45 | 0.44 | 21.53 | 3.49 | 0.08 | -27.27 | -38.46 | 0 | 0 | 0 | 9.75 | -4.41 | -33.67 | 0.47 | -4.08 | 56.67 | 7.94 | 0.0 | 2.45 | 0.88 | 0.0 | -59.07 | 0.14 | 0.0 | -51.72 | 0.48 | -32.39 | 160.76 | 1.5 | -13.29 | -9.09 | -1.36 | 10.53 | -1033.33 | -0.88 | -8.64 | 3.3 | 0.01 | 0.41 | 12.87 |
| 22Q4 (13) | 8.36 | 7.59 | 5.82 | 0 | 0 | 0 | 5.03 | 337.39 | 349.11 | 0 | 0 | 0 | 9.47 | 2.93 | 7.98 | 0.02 | 0.0 | -98.23 | 0.13 | -38.1 | -31.58 | 0.36 | -39.3 | -50.57 | 0.11 | 10.0 | -21.43 | 0 | 0 | 0 | 10.2 | -29.07 | -32.36 | 0.49 | 58.06 | 63.33 | 7.94 | 2.58 | 2.45 | 0.88 | 0.0 | -59.07 | 0.14 | 0.0 | -51.72 | 0.71 | 2.9 | 150.0 | 1.73 | 1.17 | 69.61 | -1.52 | -1420.0 | -985.71 | -0.81 | -237.29 | 48.08 | 0.01 | -4.15 | 21.64 |
| 22Q3 (12) | 7.77 | -8.59 | 15.11 | 0 | 0 | 0 | 1.15 | -0.86 | 64.29 | 0 | 0 | 0 | 9.2 | 10.05 | 171.39 | 0.02 | -50.0 | 100.78 | 0.21 | -12.5 | 50.0 | 0.59 | -26.87 | 14.8 | 0.1 | -16.67 | -28.57 | 0 | 0 | 0 | 14.38 | -1.71 | 7.39 | 0.31 | 3.33 | 47.62 | 7.74 | -0.13 | -0.13 | 0.88 | 0.0 | -59.07 | 0.14 | 0.0 | -51.72 | 0.69 | 2.99 | 126.95 | 1.71 | 1.18 | 1525.0 | -0.1 | 0.0 | 37.5 | 0.59 | 3.51 | 121.69 | 0.01 | -0.24 | 34.84 |
| 22Q2 (11) | 8.5 | -1.96 | -32.05 | 0 | 0 | 0 | 1.16 | -8.66 | 45.0 | 0 | 0 | 0 | 8.36 | -7.52 | 74.53 | 0.04 | -93.65 | 104.44 | 0.24 | 118.18 | 0 | 0.81 | 91.83 | 0 | 0.12 | -7.69 | 0.0 | 0 | 0 | 0 | 14.63 | -0.48 | 11.76 | 0.3 | 0.0 | 900.0 | 7.75 | 0.0 | 5.16 | 0.88 | -59.07 | -49.71 | 0.14 | -51.72 | -78.46 | 0.67 | 184.81 | -83.29 | 1.69 | 2.42 | -73.59 | -0.1 | 16.67 | 47.37 | 0.57 | 162.64 | -85.08 | 0.01 | 17.56 | 31.66 |
| 22Q1 (10) | 8.67 | 9.75 | -32.05 | 0 | 0 | 0 | 1.27 | 13.39 | -51.89 | 0 | 0 | 0 | 9.04 | 3.08 | -0.77 | 0.63 | -44.25 | -30.77 | 0.11 | -42.11 | -31.25 | 0.42 | -41.95 | -1.7 | 0.13 | -7.14 | 8.33 | 0 | 0 | 0 | 14.7 | -2.52 | 47.15 | 0.3 | 0.0 | 900.0 | 7.75 | 0.0 | 5.16 | 2.15 | 0.0 | 22.86 | 0.29 | 0.0 | -55.38 | -0.79 | 44.37 | -116.09 | 1.65 | 61.76 | -77.4 | -0.12 | 14.29 | 47.83 | -0.91 | 41.67 | -119.44 | 0.01 | 8.21 | -35.01 |
| 21Q4 (9) | 7.9 | 17.04 | 20.06 | 0 | 0 | 0 | 1.12 | 60.0 | -52.94 | 0 | 0 | 0 | 8.77 | 158.7 | -10.33 | 1.13 | 144.14 | -4.24 | 0.19 | 35.71 | 137.5 | 0.73 | 40.97 | 235.2 | 0.14 | 0.0 | 133.33 | 0 | 0 | 0 | 15.08 | 12.62 | 173.19 | 0.3 | 42.86 | 900.0 | 7.75 | 0.0 | 5.16 | 2.15 | 0.0 | 22.86 | 0.29 | 0.0 | -55.38 | -1.42 | 44.53 | -135.5 | 1.02 | 950.0 | -84.04 | -0.14 | 12.5 | 51.72 | -1.56 | 42.65 | -142.05 | 0.00 | 6.25 | -35.74 |
| 21Q3 (8) | 6.75 | -46.04 | 79.05 | 0 | 0 | 0 | 0.7 | -12.5 | -67.89 | 0 | 0 | 0 | 3.39 | -29.23 | -65.9 | -2.56 | -184.44 | -316.95 | 0.14 | 0 | -17.65 | 0.52 | 0 | 9.92 | 0.14 | 16.67 | 250.0 | 0 | 0 | 0 | 13.39 | 2.29 | 186.11 | 0.21 | 600.0 | 600.0 | 7.75 | 5.16 | 5.16 | 2.15 | 22.86 | 22.86 | 0.29 | -55.38 | -55.38 | -2.56 | -163.84 | -190.78 | -0.12 | -101.88 | -102.3 | -0.16 | 15.79 | 56.76 | -2.72 | -171.2 | -211.02 | 0.00 | -2.6 | -35.05 |
| 21Q2 (7) | 12.51 | -1.96 | 83.43 | 0 | 0 | 0 | 0.8 | -69.7 | -60.78 | 0 | 0 | 0 | 4.79 | -47.42 | -42.5 | -0.9 | -198.9 | -273.08 | 0 | -100.0 | -100.0 | 0.00 | -100.0 | 0 | 0.12 | 0.0 | 200.0 | 0 | 0 | 0 | 13.09 | 31.03 | 165.52 | 0.03 | 0.0 | 0.0 | 7.37 | 0.0 | 0.0 | 1.75 | 0.0 | 0.0 | 0.65 | 0.0 | 0.0 | 4.01 | -18.33 | 144.51 | 6.4 | -12.33 | 58.81 | -0.19 | 17.39 | 58.7 | 3.82 | -18.38 | 223.73 | 0.00 | -41.97 | -20.57 |
| 21Q1 (6) | 12.76 | 93.92 | 111.26 | 0 | 0 | 0 | 2.64 | 10.92 | 528.57 | 0 | 0 | 0 | 9.11 | -6.85 | 4.35 | 0.91 | -22.88 | -19.47 | 0.16 | 100.0 | 33.33 | 0.43 | 97.95 | 0 | 0.12 | 100.0 | 200.0 | 0 | 0 | 0 | 9.99 | 80.98 | 65.67 | 0.03 | 0.0 | 50.0 | 7.37 | 0.0 | 4.99 | 1.75 | 0.0 | 36.72 | 0.65 | 0.0 | 20.37 | 4.91 | 22.75 | -15.78 | 7.3 | 14.24 | -4.58 | -0.23 | 20.69 | 58.18 | 4.68 | 26.15 | -11.36 | 0.01 | 7.0 | 10.25 |
| 20Q4 (5) | 6.58 | 74.54 | 10.4 | 0 | 0 | 0 | 2.38 | 9.17 | 466.67 | 0 | 0 | 0 | 9.78 | -1.61 | 7.12 | 1.18 | 0.0 | -3.28 | 0.08 | -52.94 | -27.27 | 0.22 | -53.77 | 0 | 0.06 | 50.0 | 20.0 | 0 | 0 | 0 | 5.52 | 17.95 | -9.95 | 0.03 | 0.0 | 50.0 | 7.37 | 0.0 | 5.14 | 1.75 | 0.0 | 36.72 | 0.65 | 0.0 | 20.37 | 4.0 | 41.84 | -14.89 | 6.39 | 22.65 | -1.99 | -0.29 | 21.62 | 55.38 | 3.71 | 51.43 | -8.4 | 0.01 | 7.4 | 2.88 |
| 20Q3 (4) | 3.77 | -44.72 | 0.0 | 0 | 0 | 0.0 | 2.18 | 6.86 | 0.0 | 0 | 0 | 0.0 | 9.94 | 19.33 | 0.0 | 1.18 | 126.92 | 0.0 | 0.17 | -66.67 | 0.0 | 0.47 | 0 | 0.0 | 0.04 | 0.0 | 0.0 | 0 | 0 | 0.0 | 4.68 | -5.07 | 0.0 | 0.03 | 0.0 | 0.0 | 7.37 | 0.0 | 0.0 | 1.75 | 0.0 | 0.0 | 0.65 | 0.0 | 0.0 | 2.82 | 71.95 | 0.0 | 5.21 | 29.28 | 0.0 | -0.37 | 19.57 | 0.0 | 2.45 | 107.63 | 0.0 | 0.01 | 19.11 | 0.0 |
