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) | 0.92 | 37.31 | 9.04 | 5.98 | 1.11 | 19.35 | 0 | 0 | 25.97 | -23.51 | -0.36 | 0 | 9.23 | -25.08 | 35.54 | -2.06 | 5.38 | -27.0 | 0.33 | -19.51 | 4.57 | -15.21 | 0.06 | 50.0 | 5.09 | 0.0 | 1.46 | 24.79 | 0.29 | 93.33 | 3.29 | -38.73 | 5.04 | -24.66 | -0.31 | 0 | 2.98 | -41.34 | 0.00 | 0 |
| 2022 (9) | 0.67 | -43.7 | 8.53 | 3.77 | 0.93 | 19.23 | 0 | 0 | 33.95 | 9.91 | 2.86 | 19.67 | 12.32 | 2.67 | 36.29 | -6.59 | 7.37 | 45.94 | 0.41 | -2.38 | 5.39 | 66.87 | 0.04 | -33.33 | 5.09 | 0.0 | 1.17 | 25.81 | 0.15 | 87.5 | 5.37 | 33.58 | 6.69 | 33.0 | -0.29 | 0 | 5.08 | 31.27 | 0.00 | 0 |
| 2021 (8) | 1.19 | -60.07 | 8.22 | 2.24 | 0.78 | 39.29 | 0 | 0 | 30.89 | 38.27 | 2.39 | 88.19 | 12.0 | 46.52 | 38.85 | 5.97 | 5.05 | 5.43 | 0.42 | 31.25 | 3.23 | 98.16 | 0.06 | 0.0 | 5.09 | 0.0 | 0.93 | 14.81 | 0.08 | 0.0 | 4.02 | 53.44 | 5.03 | 43.71 | -0.15 | 0 | 3.87 | 52.36 | 0.00 | 0 |
| 2020 (7) | 2.98 | 277.22 | 8.04 | -3.71 | 0.56 | 24.44 | 0 | 0 | 22.34 | -7.53 | 1.27 | -24.4 | 8.19 | -5.1 | 36.66 | 2.63 | 4.79 | 5.04 | 0.32 | 14.29 | 1.63 | 28.35 | 0.06 | -14.29 | 5.09 | 0.0 | 0.81 | 26.56 | 0.08 | -69.23 | 2.62 | 10.08 | 3.5 | 7.03 | -0.08 | 0 | 2.54 | 10.43 | 0.00 | 0 |
| 2019 (6) | 0.79 | 31.67 | 8.35 | 42.49 | 0.45 | 0.0 | 0 | 0 | 24.16 | 29.06 | 1.68 | 107.41 | 8.63 | 41.48 | 35.72 | 9.62 | 4.56 | 4.11 | 0.28 | 55.56 | 1.27 | -10.56 | 0.07 | 16.67 | 5.09 | 0.0 | 0.64 | 14.29 | 0.26 | -3.7 | 2.38 | 50.63 | 3.27 | 35.68 | -0.08 | 0 | 2.3 | 74.24 | 0.00 | 0 |
| 2018 (5) | 0.6 | -11.76 | 5.86 | 37.88 | 0.45 | -8.16 | 0 | 0 | 18.72 | -3.7 | 0.81 | -10.99 | 6.1 | 27.35 | 32.59 | 32.25 | 4.38 | 27.33 | 0.18 | 0.0 | 1.42 | -18.39 | 0.06 | 100.0 | 5.09 | 0.0 | 0.56 | 19.15 | 0.27 | 8.0 | 1.58 | -0.63 | 2.41 | 4.78 | -0.26 | 0 | 1.32 | 0.0 | 0.00 | 0 |
| 2017 (4) | 0.68 | -34.62 | 4.25 | 4.68 | 0.49 | 28.95 | 0 | 0 | 19.44 | -1.57 | 0.91 | 5.81 | 4.79 | 3.46 | 24.64 | 5.11 | 3.44 | 28.84 | 0.18 | 0.0 | 1.74 | 37.01 | 0.03 | -25.0 | 5.09 | 0.0 | 0.47 | 23.68 | 0.25 | 0 | 1.59 | -10.67 | 2.3 | 6.48 | -0.27 | 0 | 1.32 | -13.73 | 0.00 | 0 |
| 2016 (3) | 1.04 | -31.58 | 4.06 | 30.13 | 0.38 | 0.0 | 0 | 0 | 19.75 | -2.71 | 0.86 | -57.84 | 4.63 | -5.7 | 23.44 | -3.08 | 2.67 | -3.26 | 0.18 | 0.0 | 1.27 | -2.31 | 0.04 | -33.33 | 5.09 | 0.0 | 0.38 | 111.11 | 0 | 0 | 1.78 | -28.51 | 2.16 | -18.8 | -0.25 | 0 | 1.53 | -32.3 | 0.00 | 0 |
| 2015 (2) | 1.52 | -0.65 | 3.12 | -23.15 | 0.38 | 8.57 | 0 | 0 | 20.3 | -6.37 | 2.04 | -5.56 | 4.91 | -20.81 | 24.19 | -15.42 | 2.76 | 44.5 | 0.18 | -47.06 | 1.3 | -10.96 | 0.06 | 50.0 | 5.09 | 0.0 | 0.18 | 0 | 0 | 0 | 2.49 | 39.11 | 2.66 | 48.6 | -0.23 | 0 | 2.26 | 60.28 | 0.00 | 0 |
| 2014 (1) | 1.53 | 9.29 | 4.06 | 5.73 | 0.35 | 12.9 | 0 | 0 | 21.68 | 4.94 | 2.16 | 1561.54 | 6.2 | 102.61 | 28.60 | 93.08 | 1.91 | -30.29 | 0.34 | 0.0 | 1.46 | 156.14 | 0.04 | 100.0 | 5.09 | -19.97 | 0 | 0 | 0 | 0 | 1.79 | 0 | 1.79 | 0 | -0.38 | 0 | 1.41 | 0 | 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) | 1.43 | -17.34 | 58.89 | 4.37 | -32.56 | -22.52 | 1.41 | 30.56 | 23.68 | 0 | 0 | 0 | 5.27 | -25.88 | 45.98 | -0.13 | -146.43 | 74.0 | 5.17 | -26.14 | 36.41 | 16.86 | -30.14 | 24.67 | 6.6 | 58.65 | -2.37 | 0.36 | -5.26 | 2.86 | 5.84 | 27.79 | 21.41 | 0.08 | 100.0 | 14.29 | 5.09 | 0.0 | 0.0 | 1.46 | 0.0 | 0.0 | 0.31 | 0.0 | 6.9 | 3.81 | -3.3 | 3.53 | 5.58 | -2.28 | 2.57 | -0.14 | 46.15 | 60.0 | 3.67 | -0.27 | 10.21 | 0.00 | 0 | 0 |
| 24Q2 (19) | 1.73 | -16.43 | -8.95 | 6.48 | -27.35 | 52.83 | 1.08 | -4.42 | -2.7 | 0 | 0 | 0 | 7.11 | -20.11 | 67.29 | 0.28 | -62.16 | 0 | 7.0 | -25.21 | 76.32 | 24.14 | -32.59 | 80.15 | 4.16 | -3.48 | -21.95 | 0.38 | 22.58 | 0.0 | 4.57 | -5.77 | -8.6 | 0.04 | -20.0 | -33.33 | 5.09 | 0.0 | 0.0 | 1.46 | 0.0 | 0.0 | 0.31 | 6.9 | 6.9 | 3.94 | 7.36 | -5.74 | 5.71 | 5.35 | -3.71 | -0.26 | 7.14 | 21.21 | 3.68 | 8.55 | -4.42 | 0.00 | 0 | 0 |
| 24Q1 (18) | 2.07 | 125.0 | -32.79 | 8.92 | -1.33 | 12.63 | 1.13 | 1.8 | 2.73 | 0 | 0 | 0 | 8.9 | -5.12 | 1.95 | 0.74 | 272.09 | 32.14 | 9.36 | 1.41 | 2.97 | 35.81 | 0.75 | 34.33 | 4.31 | -19.89 | -20.92 | 0.31 | -6.06 | -20.51 | 4.85 | 6.13 | -7.44 | 0.05 | -16.67 | -28.57 | 5.09 | 0.0 | 0.0 | 1.46 | 0.0 | 24.79 | 0.29 | 0.0 | 93.33 | 3.67 | 11.55 | -20.39 | 5.42 | 7.54 | -8.6 | -0.28 | 9.68 | -12.0 | 3.39 | 13.76 | -22.25 | 0.00 | 0 | 0 |
| 23Q4 (17) | 0.92 | 2.22 | 37.31 | 9.04 | 60.28 | 5.98 | 1.11 | -2.63 | 19.35 | 0 | 0 | 0 | 9.38 | 159.83 | -17.94 | -0.43 | 14.0 | -176.79 | 9.23 | 143.54 | -25.08 | 35.54 | 162.76 | -2.06 | 5.38 | -20.41 | -27.0 | 0.33 | -5.71 | -19.51 | 4.57 | -4.99 | -15.21 | 0.06 | -14.29 | 50.0 | 5.09 | 0.0 | 0.0 | 1.46 | 0.0 | 24.79 | 0.29 | 0.0 | 93.33 | 3.29 | -10.6 | -38.73 | 5.04 | -7.35 | -24.66 | -0.31 | 11.43 | -6.9 | 2.98 | -10.51 | -41.34 | 0.00 | 0 | 0 |
| 23Q3 (16) | 0.9 | -52.63 | -25.62 | 5.64 | 33.02 | 3.3 | 1.14 | 2.7 | 31.03 | 0 | 0 | 0 | 3.61 | -15.06 | -30.84 | -0.5 | 0 | -221.95 | 3.79 | -4.53 | -37.36 | 13.53 | 0.95 | -27.65 | 6.76 | 26.83 | -18.26 | 0.35 | -7.89 | -14.63 | 4.81 | -3.8 | -13.33 | 0.07 | 16.67 | 40.0 | 5.09 | 0.0 | 0.0 | 1.46 | 0.0 | 24.79 | 0.29 | 0.0 | 93.33 | 3.68 | -11.96 | -22.53 | 5.44 | -8.26 | -10.23 | -0.35 | -6.06 | 20.45 | 3.33 | -13.51 | -22.74 | 0.00 | 0 | 0 |
| 23Q2 (15) | 1.9 | -38.31 | 2.15 | 4.24 | -46.46 | -12.76 | 1.11 | 0.91 | 37.04 | 0 | 0 | 0 | 4.25 | -51.32 | -51.26 | 0 | -100.0 | -100.0 | 3.97 | -56.33 | -53.18 | 13.40 | -49.74 | -46.09 | 5.33 | -2.2 | 4.72 | 0.38 | -2.56 | -5.0 | 5.0 | -4.58 | 50.6 | 0.06 | -14.29 | 20.0 | 5.09 | 0.0 | 0.0 | 1.46 | 24.79 | 24.79 | 0.29 | 93.33 | 262.5 | 4.18 | -9.33 | -5.0 | 5.93 | 0.0 | 4.96 | -0.33 | -32.0 | 10.81 | 3.85 | -11.7 | -4.47 | 0.00 | 0 | 0 |
| 23Q1 (14) | 3.08 | 359.7 | 100.0 | 7.92 | -7.15 | 44.26 | 1.1 | 18.28 | 44.74 | 0 | 0 | 0 | 8.73 | -23.62 | 1.75 | 0.56 | 0.0 | -45.63 | 9.09 | -26.22 | -0.11 | 26.66 | -26.54 | -5.35 | 5.45 | -26.05 | 1.3 | 0.39 | -4.88 | -4.88 | 5.24 | -2.78 | 59.76 | 0.07 | 75.0 | 16.67 | 5.09 | 0.0 | 0.0 | 1.17 | 0.0 | 25.81 | 0.15 | 0.0 | 87.5 | 4.61 | -14.15 | 21.96 | 5.93 | -11.36 | 23.8 | -0.25 | 13.79 | -31.58 | 4.36 | -14.17 | 21.45 | 0.00 | 0 | 0 |
| 22Q4 (13) | 0.67 | -44.63 | -43.7 | 8.53 | 56.23 | 3.77 | 0.93 | 6.9 | 19.23 | 0 | 0 | 0 | 11.43 | 118.97 | 16.16 | 0.56 | 36.59 | -34.88 | 12.32 | 103.64 | 2.67 | 36.29 | 94.1 | -6.56 | 7.37 | -10.88 | 45.94 | 0.41 | 0.0 | -2.38 | 5.39 | -2.88 | 66.87 | 0.04 | -20.0 | -33.33 | 5.09 | 0.0 | 0.0 | 1.17 | 0.0 | 25.81 | 0.15 | 0.0 | 87.5 | 5.37 | 13.05 | 33.58 | 6.69 | 10.4 | 33.0 | -0.29 | 34.09 | -93.33 | 5.08 | 17.87 | 31.27 | 0.00 | 0 | 0 |
| 22Q3 (12) | 1.21 | -34.95 | -48.07 | 5.46 | 12.35 | -15.22 | 0.87 | 7.41 | 22.54 | 0 | 0 | 0 | 5.22 | -40.14 | -25.21 | 0.41 | -52.33 | -10.87 | 6.05 | -28.66 | -13.2 | 18.70 | -24.78 | -20.87 | 8.27 | 62.48 | 38.76 | 0.41 | 2.5 | -4.65 | 5.55 | 67.17 | 83.17 | 0.05 | 0.0 | -28.57 | 5.09 | 0.0 | 0.0 | 1.17 | 0.0 | 25.81 | 0.15 | 87.5 | 87.5 | 4.75 | 7.95 | 49.37 | 6.06 | 7.26 | 44.63 | -0.44 | -18.92 | -193.33 | 4.31 | 6.95 | 42.24 | 0.00 | 0 | 0 |
| 22Q2 (11) | 1.86 | 20.78 | -38.61 | 4.86 | -11.48 | -33.06 | 0.81 | 6.58 | 12.5 | 0 | 0 | 0 | 8.72 | 1.63 | 26.19 | 0.86 | -16.5 | 95.45 | 8.48 | -6.81 | 11.87 | 24.85 | -11.76 | -13.34 | 5.09 | -5.39 | 3.46 | 0.4 | -2.44 | -9.09 | 3.32 | 1.22 | 16.08 | 0.05 | -16.67 | 0.0 | 5.09 | 0.0 | 0.0 | 1.17 | 25.81 | 44.44 | 0.08 | 0.0 | 0.0 | 4.4 | 16.4 | 19.24 | 5.65 | 17.95 | 23.63 | -0.37 | -94.74 | -311.11 | 4.03 | 12.26 | 11.94 | 0.00 | 0 | 0 |
| 22Q1 (10) | 1.54 | 29.41 | 75.0 | 5.49 | -33.21 | -43.52 | 0.76 | -2.56 | 28.81 | 0 | 0 | 0 | 8.58 | -12.8 | 19.67 | 1.03 | 19.77 | 63.49 | 9.1 | -24.17 | -24.36 | 28.16 | -27.48 | -45.22 | 5.38 | 6.53 | 12.79 | 0.41 | -2.38 | 28.12 | 3.28 | 1.55 | 60.0 | 0.06 | 0.0 | 20.0 | 5.09 | 0.0 | 0.0 | 0.93 | 0.0 | 14.81 | 0.08 | 0.0 | 0.0 | 3.78 | -5.97 | 16.67 | 4.79 | -4.77 | 15.98 | -0.19 | -26.67 | -216.67 | 3.59 | -7.24 | 12.89 | 0.00 | 0 | 0 |
| 21Q4 (9) | 1.19 | -48.93 | -60.07 | 8.22 | 27.64 | 2.24 | 0.78 | 9.86 | 39.29 | 0 | 0 | 0 | 9.84 | 40.97 | 16.59 | 0.86 | 86.96 | 72.0 | 12.0 | 72.17 | 46.52 | 38.83 | 64.37 | 5.98 | 5.05 | -15.27 | 5.43 | 0.42 | -2.33 | 31.25 | 3.23 | 6.6 | 98.16 | 0.06 | -14.29 | 0.0 | 5.09 | 0.0 | 0.0 | 0.93 | 0.0 | 14.81 | 0.08 | 0.0 | 0.0 | 4.02 | 26.42 | 53.44 | 5.03 | 20.05 | 43.71 | -0.15 | 0.0 | -87.5 | 3.87 | 27.72 | 52.36 | 0.00 | 0 | 0 |
| 21Q3 (8) | 2.33 | -23.1 | 145.26 | 6.44 | -11.29 | 7.69 | 0.71 | -1.39 | 42.0 | 0 | 0 | 0 | 6.98 | 1.01 | 78.52 | 0.46 | 4.55 | 84.0 | 6.97 | -8.05 | 35.08 | 23.63 | -17.62 | 1.61 | 5.96 | 21.14 | 1.36 | 0.43 | -2.27 | 53.57 | 3.03 | 5.94 | 170.54 | 0.07 | 40.0 | 16.67 | 5.09 | 0.0 | 0.0 | 0.93 | 14.81 | 14.81 | 0.08 | 0.0 | 0.0 | 3.18 | -13.82 | 48.6 | 4.19 | -8.32 | 38.28 | -0.15 | -66.67 | -7.14 | 3.03 | -15.83 | 51.5 | 0.00 | 0 | 0 |
| 21Q2 (7) | 3.03 | 244.32 | 222.34 | 7.26 | -25.31 | 10.33 | 0.72 | 22.03 | 44.0 | 0 | 0 | 0 | 6.91 | -3.63 | 78.09 | 0.44 | -30.16 | 388.89 | 7.58 | -36.99 | 6.76 | 28.68 | -44.21 | 0 | 4.92 | 3.14 | 39.38 | 0.44 | 37.5 | 57.14 | 2.86 | 39.51 | 153.1 | 0.05 | 0.0 | -28.57 | 5.09 | 0.0 | 0.0 | 0.81 | 0.0 | 0 | 0.08 | 0.0 | 0 | 3.69 | 13.89 | 33.21 | 4.57 | 10.65 | 64.98 | -0.09 | -50.0 | 40.0 | 3.6 | 13.21 | 37.4 | 0.00 | 0 | 0 |
| 21Q1 (6) | 0.88 | -70.47 | -24.14 | 9.72 | 20.9 | 54.04 | 0.59 | 5.36 | 25.53 | 0 | 0 | 0 | 7.17 | -15.05 | 17.16 | 0.63 | 26.0 | 50.0 | 12.03 | 46.89 | 94.66 | 51.41 | 40.3 | 0 | 4.77 | -0.42 | 18.36 | 0.32 | 0.0 | 14.29 | 2.05 | 25.77 | 69.42 | 0.05 | -16.67 | -37.5 | 5.09 | 0.0 | 0.0 | 0.81 | 0.0 | 26.56 | 0.08 | 0.0 | -69.23 | 3.24 | 23.66 | 15.71 | 4.13 | 18.0 | 11.62 | -0.06 | 25.0 | 71.43 | 3.18 | 25.2 | 22.78 | 0.00 | 0 | 0 |
| 20Q4 (5) | 2.98 | 213.68 | 277.22 | 8.04 | 34.45 | -3.71 | 0.56 | 12.0 | 24.44 | 0 | 0 | 0 | 8.44 | 115.86 | 1.93 | 0.5 | 100.0 | 28.21 | 8.19 | 58.72 | -5.1 | 36.64 | 57.58 | 0 | 4.79 | -18.54 | 5.04 | 0.32 | 14.29 | 14.29 | 1.63 | 45.54 | 28.35 | 0.06 | 0.0 | -14.29 | 5.09 | 0.0 | 0.0 | 0.81 | 0.0 | 26.56 | 0.08 | 0.0 | -69.23 | 2.62 | 22.43 | 10.08 | 3.5 | 15.51 | 7.03 | -0.08 | 42.86 | 0.0 | 2.54 | 27.0 | 10.43 | 0.00 | 0 | 0 |
| 20Q3 (4) | 0.95 | 1.06 | 0.0 | 5.98 | -9.12 | 0.0 | 0.5 | 0.0 | 0.0 | 0 | 0 | 0.0 | 3.91 | 0.77 | 0.0 | 0.25 | 177.78 | 0.0 | 5.16 | -27.32 | 0.0 | 23.25 | 0 | 0.0 | 5.88 | 66.57 | 0.0 | 0.28 | 0.0 | 0.0 | 1.12 | -0.88 | 0.0 | 0.06 | -14.29 | 0.0 | 5.09 | 0.0 | 0.0 | 0.81 | 0 | 0.0 | 0.08 | 0 | 0.0 | 2.14 | -22.74 | 0.0 | 3.03 | 9.39 | 0.0 | -0.14 | 6.67 | 0.0 | 2.0 | -23.66 | 0.0 | 0.00 | 0 | 0.0 |
