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) | 5.39 | 44.89 | 0 | 0 | 1.72 | -12.24 | 0 | 0 | 38.33 | -2.42 | -1.18 | 0 | 9.91 | -26.86 | 25.85 | -25.05 | 3.3 | -17.5 | 0.78 | 20.0 | 7.68 | -16.52 | 0.07 | -12.5 | 6.76 | 0.15 | 0 | 0 | 4.47 | 0.0 | -1.18 | 0 | 3.29 | -20.15 | -4.5 | 0 | -5.68 | 0 | 0.00 | 0 |
| 2022 (9) | 3.72 | -26.77 | 1.17 | -88.63 | 1.96 | 256.36 | 0 | 0 | 39.28 | -3.08 | -0.68 | 0 | 13.55 | -1.53 | 34.50 | 1.61 | 4.0 | -19.35 | 0.65 | 182.61 | 9.2 | 489.74 | 0.08 | 100.0 | 6.75 | 0.0 | 0.2 | 33.33 | 4.47 | 3.23 | -0.54 | 0 | 4.12 | -17.76 | -4.1 | 0 | -4.64 | 0 | 0.00 | 0 |
| 2021 (8) | 5.08 | 2.42 | 10.29 | 27.51 | 0.55 | -3.51 | 0 | 0 | 40.53 | 45.16 | 0.5 | 0.0 | 13.76 | 10.52 | 33.95 | -23.86 | 4.96 | 25.57 | 0.23 | -4.17 | 1.56 | -46.02 | 0.04 | -20.0 | 6.75 | 0.0 | 0.15 | 50.0 | 4.33 | 5.35 | 0.54 | 8.0 | 5.01 | 6.37 | -4.47 | 0 | -3.93 | 0 | 0.00 | 0 |
| 2020 (7) | 4.96 | -3.69 | 8.07 | 511.36 | 0.57 | -91.2 | 0 | 0 | 27.92 | -28.0 | 0.5 | -48.45 | 12.45 | 20.17 | 44.59 | 66.92 | 3.95 | 71.74 | 0.24 | -4.0 | 2.89 | -28.64 | 0.05 | 0.0 | 6.75 | 0.0 | 0.1 | 0 | 4.11 | 26.85 | 0.5 | -48.45 | 4.71 | 11.88 | -4.33 | 0 | -3.83 | 0 | 0.00 | 0 |
| 2019 (6) | 5.15 | 20.33 | 1.32 | 175.0 | 6.48 | -41.41 | 0 | 0 | 38.78 | 1.04 | 0.97 | 0 | 10.36 | 2.17 | 26.71 | 1.12 | 2.3 | -37.33 | 0.25 | -10.71 | 4.05 | 120.11 | 0.05 | 0.0 | 6.75 | 0.0 | 0 | 0 | 3.24 | 0.0 | 0.97 | 0 | 4.21 | 158.28 | -4.75 | 0 | -3.78 | 0 | 0.00 | 0 |
| 2018 (5) | 4.28 | 30.49 | 0.48 | -85.41 | 11.06 | 586.96 | 0 | 0 | 38.38 | -2.47 | -2.01 | 0 | 10.14 | -31.53 | 26.42 | -29.8 | 3.67 | 29.68 | 0.28 | -3.45 | 1.84 | -83.38 | 0.05 | -16.67 | 6.75 | 0.0 | 0.38 | 40.74 | 3.24 | 32.24 | -1.99 | 0 | 1.63 | -56.76 | -3.7 | 0 | -5.69 | 0 | 0.00 | 0 |
| 2017 (4) | 3.28 | -43.64 | 3.29 | -49.23 | 1.61 | 85.06 | 0 | 0 | 39.35 | 4.32 | 1.05 | -61.25 | 14.81 | -2.89 | 37.64 | -6.91 | 2.83 | 0.71 | 0.29 | -6.45 | 11.07 | -27.46 | 0.06 | 0.0 | 6.75 | 0.0 | 0.27 | 0 | 2.45 | 0 | 1.05 | -61.4 | 3.77 | 38.6 | -3.24 | 0 | -2.19 | 0 | 0.00 | 0 |
| 2016 (3) | 5.82 | 82.45 | 6.48 | -61.77 | 0.87 | 0 | 0 | 0 | 37.72 | 7.59 | 2.71 | 697.06 | 15.25 | 96.77 | 40.43 | 82.9 | 2.81 | 93.79 | 0.31 | -11.43 | 15.26 | 0 | 0.06 | 0.0 | 6.75 | 12.5 | 0 | 0 | 0 | 0 | 2.72 | 871.43 | 2.72 | 871.43 | -2.75 | 0 | -0.03 | 0 | 0.00 | 0 |
| 2015 (2) | 3.19 | -57.64 | 16.95 | 130.93 | 0 | 0 | 0 | 0 | 35.06 | -26.31 | 0.34 | -87.12 | 7.75 | 9.0 | 22.10 | 47.93 | 1.45 | -61.84 | 0.35 | 483.33 | 0 | 0 | 0.06 | 100.0 | 6.0 | 0.0 | 0 | 0 | 0 | 0 | 0.28 | -90.18 | 0.28 | -90.18 | -0.56 | 0 | -0.28 | 0 | 0.00 | 0 |
| 2014 (1) | 7.53 | 64.41 | 7.34 | -5.53 | 0 | 0 | 0 | 0 | 47.58 | 2.28 | 2.64 | -11.71 | 7.11 | -8.96 | 14.94 | -10.99 | 3.8 | -12.24 | 0.06 | -14.29 | 0 | 0 | 0.03 | 200.0 | 6.0 | 26.85 | 0 | 0 | 0 | 0 | 2.85 | 15.85 | 2.85 | 15.85 | 1.83 | 190.48 | 4.68 | 51.46 | 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) | 4.19 | -4.99 | 19.03 | 0.11 | 37.5 | -31.25 | 1.28 | 19.63 | -83.61 | 0 | 0 | 0 | 8.34 | 25.79 | -21.02 | -0.3 | -3.45 | -100.0 | 9.53 | -10.43 | -15.96 | 28.29 | -4.53 | -3.64 | 3.94 | 29.61 | 15.88 | 0.75 | -25.0 | 78.57 | 7.28 | -6.19 | 538.6 | 0.06 | 0.0 | -14.29 | 7.35 | 0.0 | 8.89 | 0 | 0 | 0 | 4.47 | 0.0 | 0.0 | -0.73 | -65.91 | 7.59 | 3.74 | -7.2 | 1.63 | -3.52 | -5.71 | 3.03 | -4.25 | -12.73 | 3.85 | 0.00 | 0 | 0 |
| 24Q2 (19) | 4.41 | 45.54 | 30.09 | 0.08 | 0.0 | -92.59 | 1.07 | -41.21 | -88.12 | 0 | 0 | 0 | 6.63 | -22.09 | -27.14 | -0.29 | -93.33 | 21.62 | 10.64 | -15.56 | 6.19 | 29.63 | -9.75 | 15.71 | 3.04 | -10.85 | -11.11 | 1.0 | 25.0 | 143.9 | 7.76 | 0.91 | 345.98 | 0.06 | -14.29 | -14.29 | 7.35 | 0.0 | 8.89 | 0 | 0 | 0 | 4.47 | 0.0 | 0.0 | -0.44 | 66.92 | 31.25 | 4.03 | 28.34 | 5.22 | -3.33 | 6.72 | 28.39 | -3.77 | 23.06 | 28.73 | 0.00 | 0 | 0 |
| 24Q1 (18) | 3.03 | -43.78 | -28.87 | 0.08 | 0 | -95.06 | 1.82 | 5.81 | -32.34 | 0 | 0 | 0 | 8.51 | -16.65 | 0.59 | -0.15 | 61.54 | 44.44 | 12.6 | 27.14 | 3.53 | 32.83 | 26.98 | 0.67 | 3.41 | 3.33 | -17.23 | 0.8 | 2.56 | 86.05 | 7.69 | 0.13 | -11.81 | 0.07 | 0.0 | -12.5 | 7.35 | 8.73 | 8.89 | 0 | 0 | -100.0 | 4.47 | 0.0 | 0.0 | -1.33 | -12.71 | -62.2 | 3.14 | -4.56 | -18.44 | -3.57 | 20.67 | 10.3 | -4.9 | 13.73 | -2.08 | 0.00 | 0 | 0 |
| 23Q4 (17) | 5.39 | 53.12 | 44.89 | 0 | -100.0 | -100.0 | 1.72 | -77.98 | -12.24 | 0 | 0 | 0 | 10.21 | -3.31 | -2.85 | -0.39 | -160.0 | -454.55 | 9.91 | -12.61 | -26.86 | 25.85 | -11.93 | -25.05 | 3.3 | -2.94 | -17.5 | 0.78 | 85.71 | 20.0 | 7.68 | 573.68 | -16.52 | 0.07 | 0.0 | -12.5 | 6.76 | 0.15 | 0.15 | 0 | 0 | -100.0 | 4.47 | 0.0 | 0.0 | -1.18 | -49.37 | -118.52 | 3.29 | -10.6 | -20.15 | -4.5 | -23.97 | -9.76 | -5.68 | -28.51 | -22.41 | 0.00 | 0 | 0 |
| 23Q3 (16) | 3.52 | 3.83 | 15.03 | 0.16 | -85.19 | -89.94 | 7.81 | -13.32 | 238.1 | 0 | 0 | 0 | 10.56 | 16.04 | -4.52 | -0.15 | 59.46 | 73.68 | 11.34 | 13.17 | -10.14 | 29.36 | 14.64 | -1.95 | 3.4 | -0.58 | -25.6 | 0.42 | 2.44 | -36.36 | 1.14 | -34.48 | -88.25 | 0.07 | 0.0 | -22.22 | 6.75 | 0.0 | 0.0 | 0 | 0 | -100.0 | 4.47 | 0.0 | 0.0 | -0.79 | -23.44 | -21.54 | 3.68 | -3.92 | -8.46 | -3.63 | 21.94 | 3.46 | -4.42 | 16.45 | -0.23 | 0.00 | 0 | 0 |
| 23Q2 (15) | 3.39 | -20.42 | 44.26 | 1.08 | -33.33 | -36.47 | 9.01 | 234.94 | 327.01 | 0 | 0 | 0 | 9.1 | 7.57 | 24.83 | -0.37 | -37.04 | -60.87 | 10.02 | -17.67 | -9.4 | 25.61 | -21.47 | -5.21 | 3.42 | -16.99 | -26.45 | 0.41 | -4.65 | -38.81 | 1.74 | -80.05 | -82.34 | 0.07 | -12.5 | -22.22 | 6.75 | 0.0 | 0.0 | 0 | -100.0 | -100.0 | 4.47 | 0.0 | 0.0 | -0.64 | 21.95 | -700.0 | 3.83 | -0.52 | -16.56 | -4.65 | -16.83 | -16.83 | -5.29 | -10.21 | -30.3 | 0.00 | 0 | 0 |
| 23Q1 (14) | 4.26 | 14.52 | 7.3 | 1.62 | 38.46 | -61.34 | 2.69 | 37.24 | 142.34 | 0 | 0 | 0 | 8.46 | -19.51 | -18.81 | -0.27 | -345.45 | -1450.0 | 12.17 | -10.18 | -20.2 | 32.61 | -5.47 | -6.08 | 4.12 | 3.0 | -22.56 | 0.43 | -33.85 | -37.68 | 8.72 | -5.22 | -2.9 | 0.08 | 0.0 | -20.0 | 6.75 | 0.0 | 0.0 | 0.2 | 0.0 | 33.33 | 4.47 | 0.0 | 3.23 | -0.82 | -51.85 | -246.43 | 3.85 | -6.55 | -23.46 | -3.98 | 2.93 | -14.04 | -4.8 | -3.45 | -63.82 | 0.00 | 0 | 0 |
| 22Q4 (13) | 3.72 | 21.57 | -26.77 | 1.17 | -26.42 | -88.63 | 1.96 | -15.15 | 256.36 | 0 | 0 | 0 | 10.51 | -4.97 | -21.45 | 0.11 | 119.3 | -80.36 | 13.55 | 7.37 | -1.53 | 34.50 | 15.21 | 1.63 | 4.0 | -12.47 | -19.35 | 0.65 | -1.52 | 182.61 | 9.2 | -5.15 | 489.74 | 0.08 | -11.11 | 100.0 | 6.75 | 0.0 | 0.0 | 0.2 | 0.0 | 33.33 | 4.47 | 0.0 | 3.23 | -0.54 | 16.92 | -200.0 | 4.12 | 2.49 | -17.76 | -4.1 | -9.04 | 8.28 | -4.64 | -5.22 | -18.07 | 0.00 | 0 | 0 |
| 22Q3 (12) | 3.06 | 30.21 | 3.73 | 1.59 | -6.47 | -80.8 | 2.31 | 9.48 | 312.5 | 0 | 0 | 0 | 11.06 | 51.71 | 12.28 | -0.57 | -147.83 | -1240.0 | 12.62 | 14.1 | 0.72 | 29.94 | 10.83 | -13.67 | 4.57 | -1.72 | -11.78 | 0.66 | -1.49 | 186.96 | 9.7 | -1.52 | 297.54 | 0.09 | 0.0 | 125.0 | 6.75 | 0.0 | 0.0 | 0.2 | 0.0 | 33.33 | 4.47 | 0.0 | 3.23 | -0.65 | -712.5 | -2066.67 | 4.02 | -12.42 | -9.66 | -3.76 | 5.53 | 20.68 | -4.41 | -8.62 | 7.55 | 0.00 | 0 | 0 |
| 22Q2 (11) | 2.35 | -40.81 | -18.12 | 1.7 | -59.43 | -77.18 | 2.11 | 90.09 | -9.83 | 0 | 0 | 0 | 7.29 | -30.04 | -29.02 | -0.23 | -1250.0 | -283.33 | 11.06 | -27.48 | -13.05 | 27.02 | -22.2 | -26.03 | 4.65 | -12.59 | 10.98 | 0.67 | -2.9 | 191.3 | 9.85 | 9.69 | 3417.86 | 0.09 | -10.0 | 80.0 | 6.75 | 0.0 | 0.0 | 0.2 | 33.33 | 100.0 | 4.47 | 3.23 | 8.76 | -0.08 | -114.29 | -120.51 | 4.59 | -8.75 | -0.22 | -3.98 | -14.04 | 14.04 | -4.06 | -38.57 | 4.25 | 0.00 | 0 | 0 |
| 22Q1 (10) | 3.97 | -21.85 | 40.78 | 4.19 | -59.28 | -35.93 | 1.11 | 101.82 | 94.74 | 0 | 0 | 0 | 10.42 | -22.12 | 48.01 | 0.02 | -96.43 | 140.0 | 15.25 | 10.83 | 24.59 | 34.72 | 2.3 | -15.15 | 5.32 | 7.26 | 32.01 | 0.69 | 200.0 | 187.5 | 8.98 | 475.64 | 217.31 | 0.1 | 150.0 | 100.0 | 6.75 | 0.0 | 0.0 | 0.15 | 0.0 | 50.0 | 4.33 | 0.0 | 5.35 | 0.56 | 3.7 | 21.74 | 5.03 | 0.4 | 7.94 | -3.49 | 21.92 | 21.75 | -2.93 | 25.45 | 26.75 | 0.00 | 0 | 0 |
| 21Q4 (9) | 5.08 | 72.2 | 2.42 | 10.29 | 24.28 | 27.51 | 0.55 | -1.79 | -3.51 | 0 | 0 | 0 | 13.38 | 35.84 | 49.16 | 0.56 | 1020.0 | -40.43 | 13.76 | 9.82 | 10.52 | 33.94 | -2.13 | -23.86 | 4.96 | -4.25 | 25.57 | 0.23 | 0.0 | -4.17 | 1.56 | -36.07 | -46.02 | 0.04 | 0.0 | -20.0 | 6.75 | 0.0 | 0.0 | 0.15 | 0.0 | 50.0 | 4.33 | 0.0 | 5.35 | 0.54 | 1900.0 | 8.0 | 5.01 | 12.58 | 6.37 | -4.47 | 5.7 | -3.23 | -3.93 | 17.61 | -2.61 | 0.00 | 0 | 0 |
| 21Q3 (8) | 2.95 | 2.79 | -28.4 | 8.28 | 11.14 | 0.98 | 0.56 | -76.07 | -61.64 | 0 | 0 | 0 | 9.85 | -4.09 | 15.2 | 0.05 | 183.33 | -84.38 | 12.53 | -1.49 | 12.08 | 34.68 | -5.04 | -3.87 | 5.18 | 23.63 | 100.78 | 0.23 | 0.0 | -4.17 | 2.44 | 771.43 | 8.44 | 0.04 | -20.0 | -33.33 | 6.75 | 0.0 | 0.0 | 0.15 | 50.0 | 50.0 | 4.33 | 5.35 | 5.35 | -0.03 | -107.69 | 93.02 | 4.45 | -3.26 | 18.04 | -4.74 | -2.38 | 2.87 | -4.77 | -12.5 | 10.17 | 0.00 | 0 | 0 |
| 21Q2 (7) | 2.87 | 1.77 | 51.85 | 7.45 | 13.91 | -16.39 | 2.34 | 310.53 | 0 | 0 | 0 | 0 | 10.27 | 45.88 | 91.96 | -0.06 | -20.0 | 83.78 | 12.72 | 3.92 | 43.24 | 36.52 | -10.76 | 0 | 4.19 | 3.97 | 67.6 | 0.23 | -4.17 | -4.17 | 0.28 | -90.11 | -88.03 | 0.05 | 0.0 | -16.67 | 6.75 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 4.11 | 0.0 | 0.0 | 0.39 | -15.22 | 152.0 | 4.6 | -1.29 | 33.33 | -4.63 | -3.81 | 13.62 | -4.24 | -6.0 | 30.61 | 0.00 | 0 | 0 |
| 21Q1 (6) | 2.82 | -43.15 | -47.97 | 6.54 | -18.96 | 77.24 | 0.57 | 0.0 | -91.28 | 0 | 0 | 0 | 7.04 | -21.52 | 39.13 | -0.05 | -105.32 | 86.84 | 12.24 | -1.69 | 34.51 | 40.92 | -8.19 | 0 | 4.03 | 2.03 | 35.69 | 0.24 | 0.0 | -4.0 | 2.83 | -2.08 | -6.29 | 0.05 | 0.0 | 0.0 | 6.75 | 0.0 | 0.0 | 0.1 | 0.0 | 0 | 4.11 | 0.0 | 26.85 | 0.46 | -8.0 | -20.69 | 4.66 | -1.06 | 21.99 | -4.46 | -3.0 | 9.35 | -4.0 | -4.44 | 7.83 | 0.00 | 0 | 0 |
| 20Q4 (5) | 4.96 | 20.39 | -3.69 | 8.07 | -1.59 | 511.36 | 0.57 | -60.96 | 0 | 0 | 0 | 0 | 8.97 | 4.91 | -25.44 | 0.94 | 193.75 | 46.88 | 12.45 | 11.36 | 20.17 | 44.58 | 23.56 | 0 | 3.95 | 53.1 | 71.74 | 0.24 | 0.0 | -4.0 | 2.89 | 28.44 | -28.64 | 0.05 | -16.67 | 0.0 | 6.75 | 0.0 | 0.0 | 0.1 | 0.0 | 0 | 4.11 | 0.0 | 26.85 | 0.5 | 216.28 | -48.45 | 4.71 | 24.93 | 11.88 | -4.33 | 11.27 | 8.84 | -3.83 | 27.87 | -1.32 | 0.00 | 0 | 0 |
| 20Q3 (4) | 4.12 | 117.99 | 0.0 | 8.2 | -7.97 | 0.0 | 1.46 | 0 | 0.0 | 0 | 0 | 0.0 | 8.55 | 59.81 | 0.0 | 0.32 | 186.49 | 0.0 | 11.18 | 25.9 | 0.0 | 36.08 | 0 | 0.0 | 2.58 | 3.2 | 0.0 | 0.24 | 0.0 | 0.0 | 2.25 | -3.85 | 0.0 | 0.06 | 0.0 | 0.0 | 6.75 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 4.11 | 0.0 | 0.0 | -0.43 | 42.67 | 0.0 | 3.77 | 9.28 | 0.0 | -4.88 | 8.96 | 0.0 | -5.31 | 13.09 | 0.0 | 0.00 | 0 | 0.0 |
