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) | 19.23 | -48.51 | 0.55 | -17.91 | 1.61 | -83.0 | 0 | 0 | 53.48 | 14.54 | 12.52 | 38.04 | 8.56 | 25.33 | 16.01 | 9.42 | 0.08 | -55.56 | 140.01 | 7.66 | 40.89 | -27.31 | 9.76 | -9.46 | 73.03 | 23.99 | 18.29 | 5.3 | 24.35 | -7.13 | 12.7 | 32.57 | 55.34 | 4.08 | -0.09 | 0 | 12.61 | 33.58 | 0.01 | -33.18 |
| 2022 (9) | 37.35 | 35.13 | 0.67 | 67.5 | 9.47 | 716.38 | 0 | 0 | 46.69 | -27.13 | 9.07 | 1.0 | 6.83 | 21.53 | 14.63 | 66.77 | 0.18 | 38.46 | 130.05 | 1.99 | 56.25 | -9.91 | 10.78 | 3.26 | 58.9 | 0.0 | 17.37 | 5.59 | 26.22 | -7.15 | 9.58 | -0.31 | 53.17 | -2.08 | -0.14 | 0 | 9.44 | -2.88 | 0.01 | 7.96 |
| 2021 (8) | 27.64 | 72.43 | 0.4 | 14.29 | 1.16 | 110.91 | 0 | 0 | 64.07 | -31.21 | 8.98 | -16.0 | 5.62 | 31.92 | 8.77 | 91.78 | 0.13 | 85.71 | 127.51 | 1.38 | 62.44 | 13.75 | 10.44 | 110.06 | 58.9 | 0.0 | 16.45 | 6.96 | 28.24 | -2.32 | 9.61 | -19.72 | 54.3 | -3.47 | 0.11 | -68.57 | 9.72 | -21.1 | 0.01 | 7.63 |
| 2020 (7) | 16.03 | 66.63 | 0.35 | -96.0 | 0.55 | 111.54 | 0 | 0 | 93.14 | 29.61 | 10.69 | -2.64 | 4.26 | -18.55 | 4.57 | -37.16 | 0.07 | 16.67 | 125.78 | -0.74 | 54.89 | 47.75 | 4.97 | 7000.0 | 58.9 | 0.0 | 15.38 | 7.7 | 28.91 | -1.9 | 11.97 | 1.27 | 56.25 | 1.21 | 0.35 | 105.88 | 12.32 | 2.75 | 0.01 | 0.73 |
| 2019 (6) | 9.62 | -12.31 | 8.75 | 25.0 | 0.26 | -90.51 | 0 | 0 | 71.86 | 88.41 | 10.98 | 63.39 | 5.23 | 41.73 | 7.28 | -24.77 | 0.06 | -33.33 | 126.72 | 1.01 | 37.15 | 45.52 | 0.07 | 75.0 | 58.9 | 0.0 | 14.28 | 4.92 | 29.47 | -7.94 | 11.82 | 50.77 | 55.58 | 3.97 | 0.17 | 0 | 11.99 | 53.72 | 0.01 | -3.32 |
| 2018 (5) | 10.97 | 31.85 | 7.0 | 0 | 2.74 | 1.48 | 0 | 0 | 38.14 | 215.47 | 6.72 | -30.86 | 3.69 | 96.28 | 9.67 | -37.78 | 0.09 | 28.57 | 125.45 | -3.4 | 25.53 | -2.74 | 0.04 | -55.56 | 58.9 | 0.0 | 13.61 | 7.67 | 32.01 | 2.14 | 7.84 | -26.11 | 53.46 | -2.07 | -0.04 | 0 | 7.8 | -27.17 | 0.01 | 595.41 |
| 2017 (4) | 8.32 | -18.27 | 0 | 0 | 2.7 | 0.0 | 0 | 0 | 12.09 | 2.63 | 9.72 | 2.42 | 1.88 | 13.94 | 15.55 | 11.02 | 0.07 | -22.22 | 129.87 | 3.1 | 26.25 | 3.35 | 0.09 | 12.5 | 58.9 | 0.0 | 12.64 | 8.13 | 31.34 | 6.27 | 10.61 | -1.21 | 54.59 | 5.12 | 0.1 | -87.8 | 10.71 | -7.35 | 0.00 | 0 |
| 2016 (3) | 10.18 | 21.92 | 0 | 0 | 2.7 | 0.0 | 0 | 0 | 11.78 | -23.85 | 9.49 | -10.64 | 1.65 | -15.38 | 14.01 | 11.12 | 0.09 | -10.0 | 125.96 | 0.46 | 25.4 | 6.28 | 0.08 | -33.33 | 58.9 | 0.0 | 11.69 | 9.97 | 29.49 | 7.35 | 10.74 | -11.89 | 51.93 | 3.28 | 0.82 | 22.39 | 11.56 | -10.11 | 0.00 | 0 |
| 2015 (2) | 8.35 | -15.4 | 0 | 0 | 2.7 | -25.0 | 0 | 0 | 15.47 | -4.62 | 10.62 | -38.54 | 1.95 | -56.08 | 12.61 | -53.95 | 0.1 | -23.08 | 125.38 | -1.02 | 23.9 | -8.43 | 0.12 | -14.29 | 58.9 | 0.0 | 10.63 | 19.44 | 27.47 | 27.95 | 12.19 | -35.37 | 50.28 | 2.13 | 0.67 | 52.27 | 12.86 | -33.37 | 0.00 | 0 |
| 2014 (1) | 9.87 | -1.1 | 3.51 | 160.0 | 3.6 | -34.07 | 0 | 0 | 16.22 | -39.32 | 17.28 | 125.59 | 4.44 | 17.46 | 27.37 | 93.57 | 0.13 | -13.33 | 126.67 | 23.94 | 26.1 | 71.37 | 0.14 | -12.5 | 58.9 | 0.0 | 8.9 | 9.47 | 21.47 | 3666.67 | 18.86 | -37.78 | 49.23 | 26.2 | 0.44 | 144.44 | 19.3 | -36.7 | 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) | 16.7 | -43.06 | -27.52 | 0.35 | 0.0 | -12.5 | 20.23 | 1531.45 | 1111.38 | 0 | 0 | 0 | 21.39 | -10.24 | 55.56 | 2.52 | -38.24 | 152.0 | 14.06 | 42.6 | 381.51 | 17.66 | 28.91 | 262.73 | 0.1 | 0.0 | 0.0 | 138.41 | 1.29 | -0.02 | 26.12 | -39.9 | -37.32 | 4.01 | -1.23 | -61.26 | 73.03 | 0.0 | 0.0 | 19.55 | 0.0 | 6.89 | 21.48 | 0.0 | -11.79 | 9.88 | 34.24 | -8.86 | 50.92 | 5.23 | -4.79 | -0.13 | -425.0 | -1400.0 | 9.75 | 31.76 | -10.14 | 0.00 | 0 | -100.0 |
| 24Q2 (19) | 29.33 | 17.84 | -21.49 | 0.35 | 0.0 | -16.67 | 1.24 | -70.75 | -25.75 | 0 | 0 | 0 | 23.83 | 17.56 | 61.45 | 4.08 | 32.9 | 44.17 | 9.86 | 82.26 | 48.05 | 13.70 | 59.29 | 10.39 | 0.1 | 0.0 | -28.57 | 136.65 | -4.3 | -0.83 | 43.46 | 15.16 | 2.94 | 4.06 | -57.75 | -61.37 | 73.03 | 0.0 | 0.0 | 19.55 | 6.89 | 6.89 | 21.48 | -11.79 | -11.79 | 7.36 | -53.3 | -25.13 | 48.39 | -17.15 | -7.79 | 0.04 | -33.33 | 100.0 | 7.4 | -53.22 | -24.87 | 0.00 | -100.0 | -100.0 |
| 24Q1 (18) | 24.89 | 29.43 | -27.41 | 0.35 | -36.36 | -32.69 | 4.24 | 163.35 | -62.21 | 0 | 0 | 0 | 20.27 | 43.45 | 86.99 | 3.07 | 60.73 | -54.72 | 5.41 | -36.8 | 55.46 | 8.60 | -46.27 | 20.15 | 0.1 | 25.0 | -50.0 | 142.79 | 1.99 | 4.43 | 37.74 | -7.7 | -30.05 | 9.61 | -1.54 | -9.85 | 73.03 | 0.0 | 23.99 | 18.29 | 0.0 | 5.3 | 24.35 | 0.0 | -7.13 | 15.76 | 24.09 | -3.67 | 58.41 | 5.55 | -2.57 | 0.06 | 166.67 | 133.33 | 15.82 | 25.46 | -2.22 | 0.01 | -2.72 | -32.15 |
| 23Q4 (17) | 19.23 | -16.54 | -48.51 | 0.55 | 37.5 | -17.91 | 1.61 | -3.59 | -83.0 | 0 | 0 | 0 | 14.13 | 2.76 | -31.51 | 1.91 | 91.0 | -68.17 | 8.56 | 193.15 | 25.33 | 16.01 | 228.78 | 9.39 | 0.08 | -20.0 | -55.56 | 140.01 | 1.13 | 7.66 | 40.89 | -1.87 | -27.31 | 9.76 | -5.7 | -9.46 | 73.03 | 0.0 | 23.99 | 18.29 | 0.0 | 5.3 | 24.35 | 0.0 | -7.13 | 12.7 | 17.16 | 32.57 | 55.34 | 3.48 | 4.08 | -0.09 | -1000.0 | 35.71 | 12.61 | 16.22 | 33.58 | 0.01 | -12.41 | -33.18 |
| 23Q3 (16) | 23.04 | -38.33 | -11.18 | 0.4 | -4.76 | -29.82 | 1.67 | 0.0 | 2.45 | 0 | 0 | 0 | 13.75 | -6.84 | 84.81 | 1.0 | -64.66 | -47.37 | 2.92 | -56.16 | -34.97 | 4.87 | -60.77 | -54.1 | 0.1 | -28.57 | -37.5 | 138.44 | 0.47 | 10.26 | 41.67 | -1.3 | -34.53 | 10.35 | -1.52 | 0.29 | 73.03 | 0.0 | 23.99 | 18.29 | 0.0 | 5.3 | 24.35 | 0.0 | -7.13 | 10.84 | 10.27 | 212.39 | 53.48 | 1.91 | 13.64 | 0.01 | -50.0 | 105.26 | 10.85 | 10.15 | 230.79 | 0.01 | -2.5 | -27.22 |
| 23Q2 (15) | 37.36 | 8.95 | 39.61 | 0.42 | -19.23 | 740.0 | 1.67 | -85.12 | 15.17 | 0 | 0 | 0 | 14.76 | 36.16 | 52.01 | 2.83 | -58.26 | 270.48 | 6.66 | 91.38 | 196.0 | 12.41 | 73.37 | 175.54 | 0.14 | -30.0 | 16.67 | 137.79 | 0.78 | 11.63 | 42.22 | -21.74 | -23.1 | 10.51 | -1.41 | 3.44 | 73.03 | 23.99 | 23.99 | 18.29 | 5.3 | 5.3 | 24.35 | -7.13 | -7.13 | 9.83 | -39.91 | 530.13 | 52.48 | -12.46 | 16.23 | 0.02 | 111.11 | 111.11 | 9.85 | -39.12 | 613.77 | 0.01 | -18.34 | -26.16 |
| 23Q1 (14) | 34.29 | -8.19 | 27.05 | 0.52 | -22.39 | 30.0 | 11.22 | 18.48 | 713.04 | 0 | 0 | 0 | 10.84 | -47.46 | 21.8 | 6.78 | 13.0 | 139.58 | 3.48 | -49.05 | -43.23 | 7.16 | -51.08 | -38.09 | 0.2 | 11.11 | 42.86 | 136.73 | 5.14 | 5.97 | 53.95 | -4.09 | -2.74 | 10.66 | -1.11 | 3.6 | 58.9 | 0.0 | 0.0 | 17.37 | 0.0 | 5.59 | 26.22 | 0.0 | -7.15 | 16.36 | 70.77 | 31.51 | 59.95 | 12.75 | 4.94 | -0.18 | -28.57 | -325.0 | 16.18 | 71.4 | 29.23 | 0.01 | -4.19 | 3.08 |
| 22Q4 (13) | 37.35 | 43.99 | 35.13 | 0.67 | 17.54 | 67.5 | 9.47 | 480.98 | 716.38 | 0 | 0 | 0 | 20.63 | 177.28 | 26.72 | 6.0 | 215.79 | 189.86 | 6.83 | 52.12 | 21.53 | 14.63 | 37.94 | 66.8 | 0.18 | 12.5 | 38.46 | 130.05 | 3.58 | 1.99 | 56.25 | -11.63 | -9.91 | 10.78 | 4.46 | 3.26 | 58.9 | 0.0 | 0.0 | 17.37 | 0.0 | 5.59 | 26.22 | 0.0 | -7.15 | 9.58 | 176.08 | -0.31 | 53.17 | 12.98 | -2.08 | -0.14 | 26.32 | -227.27 | 9.44 | 187.8 | -2.88 | 0.01 | -4.6 | 7.96 |
| 22Q3 (12) | 25.94 | -3.06 | 12.0 | 0.57 | 1040.0 | 42.5 | 1.63 | 12.41 | 50.93 | 0 | 0 | 0 | 7.44 | -23.38 | -50.63 | 1.9 | 214.46 | 30.14 | 4.49 | 99.56 | -34.83 | 10.61 | 135.53 | 9.43 | 0.16 | 33.33 | 100.0 | 125.56 | 1.72 | -0.33 | 63.65 | 15.94 | 3.72 | 10.32 | 1.57 | -0.19 | 58.9 | 0.0 | 0.0 | 17.37 | 0.0 | 5.59 | 26.22 | 0.0 | -7.15 | 3.47 | 122.44 | -52.34 | 47.06 | 4.23 | -9.45 | -0.19 | -5.56 | -155.88 | 3.28 | 137.68 | -56.96 | 0.01 | -1.07 | 14.24 |
| 22Q2 (11) | 26.76 | -0.85 | 3.64 | 0.05 | -87.5 | -87.5 | 1.45 | 5.07 | 70.59 | 0 | 0 | 0 | 9.71 | 9.1 | -23.96 | -1.66 | -158.66 | -167.76 | 2.25 | -63.3 | -46.56 | 4.50 | -61.05 | -17.91 | 0.12 | -14.29 | 71.43 | 123.44 | -4.33 | -6.22 | 54.9 | -1.03 | -9.58 | 10.16 | -1.26 | 89.91 | 58.9 | 0.0 | 0.0 | 17.37 | 5.59 | 12.94 | 26.22 | -7.15 | -9.3 | 1.56 | -87.46 | -91.04 | 45.15 | -20.97 | -26.82 | -0.18 | -325.0 | -135.29 | 1.38 | -88.98 | -92.3 | 0.01 | 13.99 | 27.84 |
| 22Q1 (10) | 26.99 | -2.35 | 66.09 | 0.4 | 0.0 | 14.29 | 1.38 | 18.97 | 74.68 | 0 | 0 | 0 | 8.9 | -45.33 | -55.39 | 2.83 | 36.71 | -5.35 | 6.13 | 9.07 | -55.12 | 11.56 | 31.81 | -26.43 | 0.14 | 7.69 | 75.0 | 129.03 | 1.19 | -0.59 | 55.47 | -11.16 | -2.15 | 10.29 | -1.44 | 89.5 | 58.9 | 0.0 | 0.0 | 16.45 | 0.0 | 6.96 | 28.24 | 0.0 | -2.32 | 12.44 | 29.45 | -16.84 | 57.13 | 5.21 | -3.56 | 0.08 | -27.27 | -76.47 | 12.52 | 28.81 | -18.17 | 0.01 | 0.34 | 9.85 |
| 21Q4 (9) | 27.64 | 19.34 | 72.43 | 0.4 | 0.0 | 14.29 | 1.16 | 7.41 | 110.91 | 0 | 0 | 0 | 16.28 | 8.03 | -30.1 | 2.07 | 41.78 | 28.57 | 5.62 | -18.43 | 31.92 | 8.77 | -9.51 | 91.76 | 0.13 | 62.5 | 85.71 | 127.51 | 1.21 | 1.38 | 62.44 | 1.74 | 13.75 | 10.44 | 0.97 | 110.06 | 58.9 | 0.0 | 0.0 | 16.45 | 0.0 | 6.96 | 28.24 | 0.0 | -2.32 | 9.61 | 32.01 | -19.72 | 54.3 | 4.48 | -3.47 | 0.11 | -67.65 | -68.57 | 9.72 | 27.56 | -21.1 | 0.01 | 0.95 | 7.63 |
| 21Q3 (8) | 23.16 | -10.3 | 95.61 | 0.4 | 0.0 | -95.27 | 1.08 | 27.06 | -67.27 | 0 | 0 | 0 | 15.07 | 18.01 | -27.3 | 1.46 | -40.41 | -38.4 | 6.89 | 63.66 | 36.17 | 9.69 | 76.69 | 100.48 | 0.08 | 14.29 | 0.0 | 125.98 | -4.29 | 0.19 | 61.37 | 1.07 | 26.48 | 10.34 | 93.27 | 107.63 | 58.9 | 0.0 | 0.0 | 16.45 | 6.96 | 6.96 | 28.24 | -2.32 | -2.32 | 7.28 | -58.18 | -29.66 | 51.97 | -15.77 | -4.89 | 0.34 | -33.33 | 126.67 | 7.62 | -57.48 | -27.43 | 0.01 | 10.71 | 5.02 |
| 21Q2 (7) | 25.82 | 58.89 | 120.12 | 0.4 | 14.29 | -96.02 | 0.85 | 7.59 | -38.41 | 0 | 0 | 0 | 12.77 | -35.99 | -44.36 | 2.45 | -18.06 | -5.04 | 4.21 | -69.18 | 8.51 | 5.49 | -65.09 | 0 | 0.07 | -12.5 | 40.0 | 131.63 | 1.41 | 6.13 | 60.72 | 7.11 | 25.38 | 5.35 | -1.47 | 44.2 | 58.9 | 0.0 | 0.0 | 15.38 | 0.0 | 0.0 | 28.91 | 0.0 | 0.0 | 17.41 | 16.38 | 118.17 | 61.7 | 4.15 | 18.04 | 0.51 | 50.0 | 466.67 | 17.92 | 17.12 | 122.06 | 0.01 | -2.05 | -7.06 |
| 21Q1 (6) | 16.25 | 1.37 | 62.18 | 0.35 | 0.0 | -97.45 | 0.79 | 43.64 | 154.84 | 0 | 0 | 0 | 19.95 | -14.34 | -23.74 | 2.99 | 85.71 | -27.6 | 13.66 | 220.66 | 190.64 | 15.72 | 243.57 | 0 | 0.08 | 14.29 | 14.29 | 129.8 | 3.2 | -0.41 | 56.69 | 3.28 | 45.73 | 5.43 | 9.26 | 8950.0 | 58.9 | 0.0 | 0.0 | 15.38 | 0.0 | 7.7 | 28.91 | 0.0 | -1.9 | 14.96 | 24.98 | -6.21 | 59.24 | 5.32 | -0.79 | 0.34 | -2.86 | 277.78 | 15.3 | 24.19 | -4.61 | 0.01 | -1.68 | 2.35 |
| 20Q4 (5) | 16.03 | 35.39 | 66.63 | 0.35 | -95.86 | -96.0 | 0.55 | -83.33 | 111.54 | 0 | 0 | 0 | 23.29 | 12.35 | -33.09 | 1.61 | -32.07 | -10.06 | 4.26 | -15.81 | -18.55 | 4.57 | -5.4 | 0 | 0.07 | -12.5 | 16.67 | 125.78 | 0.03 | -0.74 | 54.89 | 13.13 | 47.75 | 4.97 | -0.2 | 7000.0 | 58.9 | 0.0 | 0.0 | 15.38 | 0.0 | 7.7 | 28.91 | 0.0 | -1.9 | 11.97 | 15.65 | 1.27 | 56.25 | 2.95 | 1.21 | 0.35 | 133.33 | 105.88 | 12.32 | 17.33 | 2.75 | 0.01 | -1.49 | 0.73 |
| 20Q3 (4) | 11.84 | 0.94 | 0.0 | 8.45 | -15.92 | 0.0 | 3.3 | 139.13 | 0.0 | 0 | 0 | 0.0 | 20.73 | -9.67 | 0.0 | 2.37 | -8.14 | 0.0 | 5.06 | 30.41 | 0.0 | 4.84 | 0 | 0.0 | 0.08 | 60.0 | 0.0 | 125.74 | 1.38 | 0.0 | 48.52 | 0.19 | 0.0 | 4.98 | 34.23 | 0.0 | 58.9 | 0.0 | 0.0 | 15.38 | 0.0 | 0.0 | 28.91 | 0.0 | 0.0 | 10.35 | 29.7 | 0.0 | 54.64 | 4.53 | 0.0 | 0.15 | 66.67 | 0.0 | 10.5 | 30.11 | 0.0 | 0.01 | -2.02 | 0.0 |
