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) | 7.86 | 34.36 | 5.2 | 160.0 | 3.86 | -0.52 | 0 | 0 | 69.6 | -3.6 | 5.2 | -1.89 | 5.59 | -8.51 | 8.03 | -5.09 | 14.7 | 14.66 | 0 | 0 | 8.32 | 9.04 | 0 | 0 | 28.35 | 10.01 | 4.14 | 15.32 | 0 | 0 | 6.24 | 0.0 | 10.38 | 5.6 | 0.44 | 51.72 | 6.68 | 2.3 | 0.00 | 0 |
| 2022 (9) | 5.85 | -36.96 | 2.0 | 39.86 | 3.88 | 103.14 | 0 | 0 | 72.2 | 11.18 | 5.3 | 9.5 | 6.11 | 10.29 | 8.46 | -0.8 | 12.82 | 68.24 | 0 | 0 | 7.63 | -2.93 | 0 | 0 | 25.77 | 14.99 | 3.59 | 15.43 | 0 | 0 | 6.24 | 13.25 | 9.83 | 14.04 | 0.29 | 7.41 | 6.53 | 12.98 | 0.00 | 0 |
| 2021 (8) | 9.28 | 11.4 | 1.43 | -45.83 | 1.91 | 49.22 | 0 | 0 | 64.94 | 2.51 | 4.84 | 25.71 | 5.54 | 13.99 | 8.53 | 11.2 | 7.62 | 17.77 | 0 | 0 | 7.86 | 74.67 | 0 | 0 | 22.41 | 11.99 | 3.11 | 14.34 | 0 | 0 | 5.51 | 28.74 | 8.62 | 23.14 | 0.27 | -10.0 | 5.78 | 26.2 | 0.00 | 0 |
| 2020 (7) | 8.33 | -7.44 | 2.64 | 428.0 | 1.28 | -2.29 | 0 | 0 | 63.35 | -23.43 | 3.85 | -4.23 | 4.86 | -25.12 | 7.67 | -2.2 | 6.47 | 238.74 | 0 | 0 | 4.5 | 25.7 | 0 | 0 | 20.01 | 10.98 | 2.72 | 17.24 | 0 | 0 | 4.28 | -3.17 | 7.0 | 3.86 | 0.3 | 0 | 4.58 | 3.62 | 0.00 | 0 |
| 2019 (6) | 9.0 | 28.57 | 0.5 | -80.0 | 1.31 | -10.88 | 0 | 0 | 82.74 | 14.19 | 4.02 | 22.19 | 6.49 | 4.01 | 7.84 | -8.92 | 1.91 | 25.66 | 0 | 0 | 3.58 | 88.42 | 0 | 0 | 18.03 | 9.01 | 2.32 | 16.58 | 0 | 0 | 4.42 | 19.46 | 6.74 | 18.45 | 0 | 0 | 4.42 | 19.46 | 0.00 | 0 |
| 2018 (5) | 7.0 | 65.88 | 2.5 | 66.67 | 1.47 | 51.55 | 0 | 0 | 72.46 | 20.63 | 3.29 | 22.76 | 6.24 | 0.81 | 8.61 | -16.43 | 1.52 | 7.04 | 0 | 0 | 1.9 | -25.49 | 0 | 0 | 16.54 | 7.82 | 1.99 | 15.7 | 0 | 0 | 3.7 | 20.13 | 5.69 | 18.3 | 0 | 0 | 3.7 | 20.13 | 0.00 | 0 |
| 2017 (4) | 4.22 | -4.52 | 1.5 | 200.0 | 0.97 | 3.19 | 0 | 0 | 60.07 | 21.82 | 2.68 | 34.0 | 6.19 | 44.29 | 10.30 | 18.44 | 1.42 | 12.7 | 0 | 0 | 2.55 | 147.57 | 0 | 0 | 15.34 | 6.01 | 1.72 | 13.16 | 0 | 0 | 3.08 | 31.62 | 4.81 | 24.61 | 0 | 0 | 3.08 | 31.62 | 0.00 | 0 |
| 2016 (3) | 4.42 | 8.87 | 0.5 | -66.67 | 0.94 | -11.32 | 0 | 0 | 49.31 | -7.92 | 2.0 | -3.38 | 4.29 | 4.89 | 8.70 | 13.91 | 1.26 | -20.75 | 0 | 0 | 1.03 | -30.41 | 0 | 0 | 14.47 | 6.01 | 1.52 | 15.15 | 0 | 0 | 2.34 | 6.85 | 3.86 | 9.97 | 0 | 0 | 2.34 | 6.85 | 0.00 | 0 |
| 2015 (2) | 4.06 | 32.68 | 1.5 | 0 | 1.06 | -2.75 | 0 | 0 | 53.55 | -10.81 | 2.07 | -20.69 | 4.09 | -30.8 | 7.64 | -22.41 | 1.59 | -11.67 | 0 | 0 | 1.48 | -27.45 | 0 | 0 | 13.65 | 9.99 | 1.32 | 24.53 | 0 | 0 | 2.19 | -16.41 | 3.51 | -4.36 | 0 | 0 | 2.19 | -16.41 | 0.00 | 0 |
| 2014 (1) | 3.06 | -15.24 | 0 | 0 | 1.09 | -14.84 | 0 | 0 | 60.04 | 6.3 | 2.61 | 16.52 | 5.91 | 15.88 | 9.84 | 9.01 | 1.8 | 26.76 | 0 | 0 | 2.04 | -12.82 | 0 | 0 | 12.41 | 10.02 | 1.06 | 27.71 | 0 | 0 | 2.62 | 17.49 | 3.67 | 19.93 | 0 | 0 | 2.62 | 17.49 | 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) | 10.12 | 40.56 | 68.11 | 2.0 | -50.0 | -61.54 | 6.38 | 10.0 | 64.86 | 0 | 0 | 0 | 19.84 | 13.5 | 16.84 | 1.36 | 0.74 | 25.93 | 7.33 | 21.16 | 22.99 | 10.20 | 16.34 | 20.9 | 21.24 | 21.51 | 52.48 | 0 | 0 | 0 | 9.6 | 48.61 | 43.5 | 0 | 0 | 0 | 30.61 | 0.0 | 7.97 | 4.66 | 0.0 | 12.56 | 0 | 0 | 0 | 4.83 | 38.79 | 6.39 | 9.49 | 16.58 | 9.33 | 0.26 | -39.53 | -10.34 | 5.09 | 30.18 | 5.38 | 0.02 | -2.87 | 0 |
| 24Q2 (19) | 7.2 | -32.14 | 50.63 | 4.0 | -23.08 | -14.89 | 5.8 | 7.01 | 49.48 | 0 | 0 | 0 | 17.48 | 1.27 | -3.32 | 1.35 | 43.62 | -7.53 | 6.05 | -4.42 | 7.84 | 8.77 | -3.59 | 11.2 | 17.48 | 14.17 | 28.25 | 0 | 0 | 0 | 6.46 | -8.37 | -8.63 | 0 | 0 | 0 | 30.61 | 7.97 | 7.97 | 4.66 | 12.56 | 12.56 | 0 | 0 | 0 | 3.48 | -29.12 | 0.58 | 8.14 | -10.06 | 7.11 | 0.43 | 13.16 | 26.47 | 3.91 | -26.09 | 2.89 | 0.02 | -3.48 | 0 |
| 24Q1 (18) | 10.61 | 34.99 | 65.26 | 5.2 | 0.0 | 30.0 | 5.42 | 40.41 | 37.56 | 0 | 0 | 0 | 17.26 | -0.23 | 0.12 | 0.94 | -45.03 | -1.05 | 6.33 | 13.24 | -10.09 | 9.09 | 13.21 | -6.71 | 15.31 | 4.15 | 14.34 | 0 | 0 | 0 | 7.05 | -15.26 | -0.7 | 0 | 0 | 0 | 28.35 | 0.0 | 10.01 | 4.14 | 0.0 | 15.32 | 0 | 0 | 0 | 4.91 | -21.31 | -4.1 | 9.05 | -12.81 | 3.9 | 0.38 | -13.64 | 22.58 | 5.29 | -20.81 | -2.58 | 0.03 | 0 | 0 |
| 23Q4 (17) | 7.86 | 30.56 | 34.36 | 5.2 | 0.0 | 160.0 | 3.86 | -0.26 | -0.52 | 0 | 0 | 0 | 17.3 | 1.88 | -5.77 | 1.71 | 58.33 | 10.32 | 5.59 | -6.21 | -8.51 | 8.03 | -4.78 | -5.09 | 14.7 | 5.53 | 14.66 | 0 | 0 | 0 | 8.32 | 24.36 | 9.04 | 0 | 0 | 0 | 28.35 | 0.0 | 10.01 | 4.14 | 0.0 | 15.32 | 0 | 0 | 0 | 6.24 | 37.44 | 0.0 | 10.38 | 19.59 | 5.6 | 0.44 | 51.72 | 51.72 | 6.68 | 38.3 | 2.3 | 0.00 | 0 | 0 |
| 23Q3 (16) | 6.02 | 25.94 | 0.33 | 5.2 | 10.64 | 73.33 | 3.87 | -0.26 | 72.77 | 0 | 0 | 0 | 16.98 | -6.08 | -2.92 | 1.08 | -26.03 | -18.18 | 5.96 | 6.24 | -1.16 | 8.43 | 7.01 | -1.1 | 13.93 | 2.2 | 37.78 | 0 | 0 | 0 | 6.69 | -5.37 | -9.96 | 0 | 0 | 0 | 28.35 | 0.0 | 10.01 | 4.14 | 0.0 | 15.32 | 0 | 0 | 0 | 4.54 | 31.21 | -2.99 | 8.68 | 14.21 | 4.96 | 0.29 | -14.71 | 3.57 | 4.83 | 27.11 | -2.62 | 0.00 | 0 | 0 |
| 23Q2 (15) | 4.78 | -25.55 | -27.25 | 4.7 | 17.5 | 213.33 | 3.88 | -1.52 | 30.2 | 0 | 0 | 0 | 18.08 | 4.87 | -5.54 | 1.46 | 53.68 | 3.55 | 5.61 | -20.31 | -7.58 | 7.88 | -19.13 | -9.6 | 13.63 | 1.79 | 42.87 | 0 | 0 | 0 | 7.07 | -0.42 | 4.74 | 0 | 0 | 0 | 28.35 | 10.01 | 10.01 | 4.14 | 15.32 | 15.32 | 0 | 0 | 0 | 3.46 | -32.42 | 2.98 | 7.6 | -12.74 | 9.35 | 0.34 | 9.68 | -2.86 | 3.8 | -30.02 | 2.43 | 0.00 | 0 | 0 |
| 23Q1 (14) | 6.42 | 9.74 | -27.05 | 4.0 | 100.0 | 132.56 | 3.94 | 1.55 | 100.0 | 0 | 0 | 0 | 17.24 | -6.1 | 0.17 | 0.95 | -38.71 | -6.86 | 7.04 | 15.22 | 7.48 | 9.75 | 15.17 | -0.15 | 13.39 | 4.45 | 55.34 | 0 | 0 | 0 | 7.1 | -6.95 | -2.87 | 0 | 0 | 0 | 25.77 | 0.0 | 14.99 | 3.59 | 0.0 | 15.43 | 0 | 0 | 0 | 5.12 | -17.95 | -11.57 | 8.71 | -11.39 | -2.13 | 0.31 | 6.9 | -24.39 | 5.43 | -16.85 | -12.42 | 0.00 | 0 | 0 |
| 22Q4 (13) | 5.85 | -2.5 | -36.96 | 2.0 | -33.33 | 39.86 | 3.88 | 73.21 | 103.14 | 0 | 0 | 0 | 18.36 | 4.97 | 8.9 | 1.55 | 17.42 | 20.16 | 6.11 | 1.33 | 10.29 | 8.46 | -0.78 | -0.79 | 12.82 | 26.81 | 68.24 | 0 | 0 | 0 | 7.63 | 2.69 | -2.93 | 0 | 0 | 0 | 25.77 | 0.0 | 14.99 | 3.59 | 0.0 | 15.43 | 0 | 0 | 0 | 6.24 | 33.33 | 13.25 | 9.83 | 18.86 | 14.04 | 0.29 | 3.57 | 7.41 | 6.53 | 31.65 | 12.98 | 0.00 | 0 | 0 |
| 22Q3 (12) | 6.0 | -8.68 | -31.03 | 3.0 | 100.0 | 55.44 | 2.24 | -24.83 | 57.75 | 0 | 0 | 0 | 17.49 | -8.62 | 6.65 | 1.32 | -6.38 | 5.6 | 6.03 | -0.66 | 13.56 | 8.53 | -2.19 | 1.8 | 10.11 | 5.97 | 34.44 | 0 | 0 | 0 | 7.43 | 10.07 | 51.63 | 0 | 0 | 0 | 25.77 | 0.0 | 14.99 | 3.59 | 0.0 | 15.43 | 0 | 0 | 0 | 4.68 | 39.29 | 10.38 | 8.27 | 18.99 | 12.52 | 0.28 | -20.0 | 21.74 | 4.96 | 33.69 | 10.96 | 0.00 | 0 | 0 |
| 22Q2 (11) | 6.57 | -25.34 | -16.94 | 1.5 | -12.79 | -22.68 | 2.98 | 51.27 | 109.86 | 0 | 0 | 0 | 19.14 | 11.21 | 15.09 | 1.41 | 38.24 | 11.02 | 6.07 | -7.33 | 12.2 | 8.72 | -10.67 | -1.44 | 9.54 | 10.67 | 29.62 | 0 | 0 | 0 | 6.75 | -7.66 | 29.06 | 0 | 0 | 0 | 25.77 | 14.99 | 28.79 | 3.59 | 15.43 | 31.99 | 0 | 0 | 0 | 3.36 | -41.97 | -41.87 | 6.95 | -21.91 | -18.24 | 0.35 | -14.63 | 25.0 | 3.71 | -40.16 | -38.78 | 0.00 | 0 | 0 |
| 22Q1 (10) | 8.8 | -5.17 | 18.6 | 1.72 | 20.28 | -11.34 | 1.97 | 3.14 | 43.8 | 0 | 0 | 0 | 17.21 | 2.08 | 14.28 | 1.02 | -20.93 | -0.97 | 6.55 | 18.23 | 16.55 | 9.76 | 14.44 | 3.45 | 8.62 | 13.12 | 16.96 | 0 | 0 | 0 | 7.31 | -7.0 | 30.54 | 0 | 0 | 0 | 22.41 | 0.0 | 11.99 | 3.11 | 0.0 | 14.34 | 0 | 0 | 0 | 5.79 | 5.08 | 9.04 | 8.9 | 3.25 | 10.83 | 0.41 | 51.85 | 70.83 | 6.2 | 7.27 | 11.71 | 0.00 | 0 | 0 |
| 21Q4 (9) | 9.28 | 6.67 | 11.4 | 1.43 | -25.91 | -45.83 | 1.91 | 34.51 | 49.22 | 0 | 0 | 0 | 16.86 | 2.8 | 10.27 | 1.29 | 3.2 | 18.35 | 5.54 | 4.33 | 13.99 | 8.53 | 1.81 | 11.17 | 7.62 | 1.33 | 17.77 | 0 | 0 | 0 | 7.86 | 60.41 | 74.67 | 0 | 0 | 0 | 22.41 | 0.0 | 11.99 | 3.11 | 0.0 | 14.34 | 0 | 0 | 0 | 5.51 | 29.95 | 28.74 | 8.62 | 17.28 | 23.14 | 0.27 | 17.39 | -10.0 | 5.78 | 29.31 | 26.2 | 0.00 | 0 | 0 |
| 21Q3 (8) | 8.7 | 9.99 | 16.78 | 1.93 | -0.52 | 44.03 | 1.42 | 0.0 | 13.6 | 0 | 0 | 0 | 16.4 | -1.38 | 15.74 | 1.25 | -1.57 | 56.25 | 5.31 | -1.85 | 9.26 | 8.38 | -5.3 | 16.57 | 7.52 | 2.17 | 75.29 | 0 | 0 | 0 | 4.9 | -6.31 | 64.43 | 0 | 0 | 0 | 22.41 | 11.99 | 11.99 | 3.11 | 14.34 | 14.34 | 0 | 0 | 0 | 4.24 | -26.64 | 33.33 | 7.35 | -13.53 | 24.58 | 0.23 | -17.86 | 0.0 | 4.47 | -26.24 | 31.09 | 0.00 | 0 | 0 |
| 21Q2 (7) | 7.91 | 6.6 | -2.83 | 1.94 | 0.0 | 94.0 | 1.42 | 3.65 | 13.6 | 0 | 0 | 0 | 16.63 | 10.42 | 10.57 | 1.27 | 23.3 | 7.63 | 5.41 | -3.74 | 14.14 | 8.85 | -6.24 | 0 | 7.36 | -0.14 | 243.93 | 0 | 0 | 0 | 5.23 | -6.61 | 76.69 | 0 | 0 | 0 | 20.01 | 0.0 | 0.0 | 2.72 | 0.0 | 0.0 | 0 | 0 | 0 | 5.78 | 8.85 | 130.28 | 8.5 | 5.85 | 62.52 | 0.28 | 16.67 | 0 | 6.06 | 9.19 | 141.43 | 0.00 | 0 | 0 |
| 21Q1 (6) | 7.42 | -10.92 | -16.25 | 1.94 | -26.52 | 94.0 | 1.37 | 7.03 | 9.6 | 0 | 0 | 0 | 15.06 | -1.5 | -20.06 | 1.03 | -5.5 | 11.96 | 5.62 | 15.64 | -14.46 | 9.44 | 22.98 | 0 | 7.37 | 13.91 | 235.0 | 0 | 0 | 0 | 5.6 | 24.44 | 71.25 | 0 | 0 | 0 | 20.01 | 0.0 | 10.98 | 2.72 | 0.0 | 17.24 | 0 | 0 | 0 | 5.31 | 24.07 | -0.56 | 8.03 | 14.71 | 4.83 | 0.24 | -20.0 | 0 | 5.55 | 21.18 | 3.93 | 0.00 | 0 | 0 |
| 20Q4 (5) | 8.33 | 11.81 | -7.44 | 2.64 | 97.01 | 428.0 | 1.28 | 2.4 | -2.29 | 0 | 0 | 0 | 15.29 | 7.9 | -21.87 | 1.09 | 36.25 | -6.03 | 4.86 | 0.0 | -25.12 | 7.67 | 6.76 | 0 | 6.47 | 50.82 | 238.74 | 0 | 0 | 0 | 4.5 | 51.01 | 25.7 | 0 | 0 | 0 | 20.01 | 0.0 | 10.98 | 2.72 | 0.0 | 17.24 | 0 | 0 | 0 | 4.28 | 34.59 | -3.17 | 7.0 | 18.64 | 3.86 | 0.3 | 30.43 | 0 | 4.58 | 34.31 | 3.62 | 0.00 | 0 | 0 |
| 20Q3 (4) | 7.45 | -8.48 | 0.0 | 1.34 | 34.0 | 0.0 | 1.25 | 0.0 | 0.0 | 0 | 0 | 0.0 | 14.17 | -5.78 | 0.0 | 0.8 | -32.2 | 0.0 | 4.86 | 2.53 | 0.0 | 7.19 | 0 | 0.0 | 4.29 | 100.47 | 0.0 | 0 | 0 | 0.0 | 2.98 | 0.68 | 0.0 | 0 | 0 | 0.0 | 20.01 | 0.0 | 0.0 | 2.72 | 0.0 | 0.0 | 0 | 0 | 0.0 | 3.18 | 26.69 | 0.0 | 5.9 | 12.81 | 0.0 | 0.23 | 0 | 0.0 | 3.41 | 35.86 | 0.0 | 0.00 | 0 | 0.0 |
