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) | 1.08 | -28.48 | 2.97 | -30.61 | 0.75 | 2.74 | 0 | 0 | 5.94 | -37.21 | -0.7 | 0 | 1.41 | -41.25 | 23.74 | -6.44 | 2.64 | -4.69 | 0.52 | -7.14 | 1.98 | -23.55 | 0 | 0 | 9.8 | 16.25 | 0.03 | 200.0 | 0.06 | 0.0 | -0.7 | 0 | -0.61 | 0 | -0.53 | 0 | -1.23 | 0 | 0.00 | 0 |
| 2022 (9) | 1.51 | 34.82 | 4.28 | -5.31 | 0.73 | -1.35 | 0 | 0 | 9.46 | -21.62 | 0.27 | -37.21 | 2.4 | -20.79 | 25.37 | 1.06 | 2.77 | -1.42 | 0.56 | -3.45 | 2.59 | -15.64 | 0 | 0 | 8.43 | 0.0 | 0.01 | 0 | 0.06 | 0 | 0.28 | 366.67 | 0.34 | 466.67 | -0.4 | 0 | -0.12 | 0 | 0.00 | 0 |
| 2021 (8) | 1.12 | 10.89 | 4.52 | 16.49 | 0.74 | 8.82 | 0 | 0 | 12.07 | 35.31 | 0.43 | 0 | 3.03 | -9.01 | 25.10 | -32.76 | 2.81 | 21.12 | 0.58 | -6.45 | 3.07 | -19.42 | 0 | 0 | 8.43 | 0.0 | 0 | 0 | 0 | 0 | 0.06 | 0 | 0.06 | 0 | -0.66 | 0 | -0.6 | 0 | 0.00 | 0 |
| 2020 (7) | 1.01 | 46.38 | 3.88 | 46.42 | 0.68 | -18.07 | 0 | 0 | 8.92 | -7.95 | -0.23 | 0 | 3.33 | 17.67 | 37.33 | 27.83 | 2.32 | 7.91 | 0.62 | 0 | 3.81 | -4.51 | 0 | 0 | 8.43 | 0.0 | 0 | 0 | 0 | 0 | -0.37 | 0 | -0.37 | 0 | -0.34 | 0 | -0.71 | 0 | 0.00 | 0 |
| 2019 (6) | 0.69 | -77.74 | 2.65 | 41.71 | 0.83 | 25.76 | 0 | 0 | 9.69 | 16.75 | 0.25 | -86.26 | 2.83 | -4.07 | 29.21 | -17.83 | 2.15 | -0.92 | 0 | 0 | 3.99 | -17.56 | 0 | 0 | 8.43 | 0.0 | 0 | 0 | 0 | 0 | -0.14 | 0 | -0.14 | 0 | -0.26 | 0 | -0.4 | 0 | 0.00 | 0 |
| 2018 (5) | 3.1 | 507.84 | 1.87 | 41.67 | 0.66 | 1550.0 | 0 | 0 | 8.3 | 39.73 | 1.82 | 0 | 2.95 | 112.23 | 35.54 | 51.89 | 2.17 | 14.81 | 0 | 0 | 4.84 | -11.52 | 0 | 0 | 8.43 | 0.0 | 0 | 0 | 0 | 0 | -0.41 | 0 | -0.41 | 0 | -0.13 | 0 | -0.54 | 0 | 0.00 | 0 |
| 2017 (4) | 0.51 | -46.88 | 1.32 | 103.08 | 0.04 | 0 | 0 | 0 | 5.94 | 2.06 | -1.04 | 0 | 1.39 | -7.33 | 23.40 | -9.21 | 1.89 | 31.25 | 0 | 0 | 5.47 | 5.19 | 0 | 0 | 8.43 | -29.93 | 0 | 0 | 0 | 0 | -2.25 | 0 | -2.25 | 0 | -0.09 | 0 | -2.34 | 0 | 0.00 | 0 |
| 2016 (3) | 0.96 | -42.51 | 0.65 | -40.91 | 0 | 0 | 0 | 0 | 5.82 | -18.83 | -1.92 | 0 | 1.5 | -32.43 | 25.77 | -16.76 | 1.44 | -12.2 | 0 | 0 | 5.2 | 0 | 0 | 0 | 12.03 | 0.0 | 0 | 0 | 0 | 0 | -4.83 | 0 | -4.83 | 0 | -0.07 | 0 | -4.9 | 0 | 0.00 | 0 |
| 2015 (2) | 1.67 | -28.63 | 1.1 | -9.09 | 4.95 | 587.5 | 0 | 0 | 7.17 | -2.85 | -0.87 | 0 | 2.22 | -18.38 | 30.96 | -15.99 | 1.64 | 13.1 | 0 | 0 | 0 | 0 | 0 | 0 | 12.03 | 0.0 | 0 | 0 | 0 | 0 | -2.91 | 0 | -2.91 | 0 | 0.04 | -33.33 | -2.87 | 0 | 0.00 | 229.05 |
| 2014 (1) | 2.34 | 40.96 | 1.21 | 32.97 | 0.72 | -12.2 | 0 | 0 | 7.38 | -16.52 | -1.13 | 0 | 2.72 | 4.62 | 36.86 | 25.31 | 1.45 | -35.84 | 0 | 0 | 4.16 | 9.19 | 0 | 0 | 12.03 | 0.0 | 0 | 0 | 0 | 0 | -2.03 | 0 | -2.03 | 0 | 0.06 | 500.0 | -1.97 | 0 | 0.00 | -81.4 |
| 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) | 1.35 | -8.16 | -21.05 | 2.41 | -1.63 | -36.24 | 0.69 | 2.99 | -6.76 | 0 | 0 | 0 | 1.27 | -14.19 | -18.06 | -0.26 | -52.94 | -18.18 | 1.19 | -14.39 | -34.25 | 22.00 | -9.96 | -20.64 | 2.43 | -8.99 | -11.64 | 0.55 | 0.0 | 1.85 | 1.47 | -10.37 | -30.66 | 0 | 0 | 0 | 11.35 | 0.0 | 15.82 | 0.03 | 0.0 | 0.0 | 0.06 | 0.0 | 0.0 | -1.27 | -25.74 | -202.38 | -1.18 | -28.26 | -257.58 | -0.3 | 25.0 | 14.29 | -1.57 | -11.35 | -103.9 | 0.00 | 0 | 0 |
| 24Q2 (19) | 1.47 | -47.69 | 20.49 | 2.45 | -25.53 | -41.53 | 0.67 | -15.19 | -9.46 | 0 | 0 | 0 | 1.48 | 9.63 | 0.68 | -0.17 | -13.33 | -88.89 | 1.39 | 5.3 | -35.05 | 24.43 | 5.12 | -17.35 | 2.67 | 2.69 | -13.87 | 0.55 | 5.77 | 3.77 | 1.64 | -16.75 | -26.13 | 0 | 0 | 0 | 11.35 | 0.0 | 21.39 | 0.03 | 0.0 | 0.0 | 0.06 | 0.0 | 0.0 | -1.01 | -18.82 | -405.0 | -0.92 | -21.05 | -736.36 | -0.4 | 2.44 | 18.37 | -1.41 | -11.9 | -104.35 | 0.00 | 0 | 0 |
| 24Q1 (18) | 2.81 | 160.19 | 37.75 | 3.29 | 10.77 | -22.41 | 0.79 | 5.33 | 6.76 | 0 | 0 | 0 | 1.35 | 3.05 | -16.67 | -0.15 | 46.43 | -36.36 | 1.32 | -6.38 | -38.89 | 23.24 | -1.93 | -5.97 | 2.6 | -1.52 | -17.98 | 0.52 | 0.0 | -5.45 | 1.97 | -0.51 | -17.92 | 0 | 0 | 0 | 11.35 | 15.82 | 24.73 | 0.03 | 0.0 | 200.0 | 0.06 | 0.0 | 0.0 | -0.85 | -21.43 | -600.0 | -0.76 | -24.59 | -430.43 | -0.41 | 22.64 | -10.81 | -1.26 | -2.44 | -530.0 | 0.00 | 0 | 0 |
| 23Q4 (17) | 1.08 | -36.84 | -28.48 | 2.97 | -21.43 | -30.61 | 0.75 | 1.35 | 2.74 | 0 | 0 | 0 | 1.31 | -15.48 | -30.69 | -0.28 | -27.27 | -833.33 | 1.41 | -22.1 | -41.25 | 23.70 | -14.51 | -6.59 | 2.64 | -4.0 | -4.69 | 0.52 | -3.7 | -7.14 | 1.98 | -6.6 | -23.55 | 0 | 0 | 0 | 9.8 | 0.0 | 16.25 | 0.03 | 0.0 | 200.0 | 0.06 | 0.0 | 0.0 | -0.7 | -66.67 | -350.0 | -0.61 | -84.85 | -279.41 | -0.53 | -51.43 | -32.5 | -1.23 | -59.74 | -925.0 | 0.00 | 0 | 0 |
| 23Q3 (16) | 1.71 | 40.16 | -5.0 | 3.78 | -9.79 | -13.3 | 0.74 | 0.0 | 4.23 | 0 | 0 | 0 | 1.55 | 5.44 | -31.42 | -0.22 | -144.44 | -540.0 | 1.81 | -15.42 | -33.46 | 27.72 | -6.22 | 5.47 | 2.75 | -11.29 | -1.43 | 0.54 | 1.89 | -6.9 | 2.12 | -4.5 | -23.47 | 0 | 0 | 0 | 9.8 | 4.81 | 16.25 | 0.03 | 0.0 | 200.0 | 0.06 | 0.0 | 0.0 | -0.42 | -110.0 | -235.48 | -0.33 | -200.0 | -189.19 | -0.35 | 28.57 | -29.63 | -0.77 | -11.59 | -2025.0 | 0.00 | 0 | 0 |
| 23Q2 (15) | 1.22 | -40.2 | 16.19 | 4.19 | -1.18 | -3.9 | 0.74 | 0.0 | 2.78 | 0 | 0 | 0 | 1.47 | -9.26 | -50.51 | -0.09 | 18.18 | -137.5 | 2.14 | -0.93 | -33.95 | 29.56 | 19.6 | 5.37 | 3.1 | -2.21 | 5.8 | 0.53 | -3.64 | -8.62 | 2.22 | -7.5 | -25.0 | 0 | 0 | 0 | 9.35 | 2.75 | 10.91 | 0.03 | 200.0 | 200.0 | 0.06 | 0.0 | 0.0 | -0.2 | -217.65 | -180.0 | -0.11 | -147.83 | -134.38 | -0.49 | -32.43 | -22.5 | -0.69 | -245.0 | -360.0 | 0.00 | 0 | 0 |
| 23Q1 (14) | 2.04 | 35.1 | 175.68 | 4.24 | -0.93 | 1.19 | 0.74 | 1.37 | 2.78 | 0 | 0 | 0 | 1.62 | -14.29 | -30.77 | -0.11 | -266.67 | -650.0 | 2.16 | -10.0 | -25.26 | 24.71 | -2.59 | 7.49 | 3.17 | 14.44 | 2.92 | 0.55 | -1.79 | -8.33 | 2.4 | -7.34 | -23.57 | 0 | 0 | 0 | 9.1 | 7.95 | 7.95 | 0.01 | 0.0 | 0 | 0.06 | 0.0 | 0 | 0.17 | -39.29 | 112.5 | 0.23 | -32.35 | 187.5 | -0.37 | 7.5 | 7.5 | -0.2 | -66.67 | 37.5 | 0.00 | 0 | 0 |
| 22Q4 (13) | 1.51 | -16.11 | 34.82 | 4.28 | -1.83 | -5.31 | 0.73 | 2.82 | -1.35 | 0 | 0 | 0 | 1.89 | -16.37 | -32.01 | -0.03 | -160.0 | 66.67 | 2.4 | -11.76 | -20.79 | 25.37 | -3.46 | 13.12 | 2.77 | -0.72 | -1.42 | 0.56 | -3.45 | -3.45 | 2.59 | -6.5 | -15.64 | 0 | 0 | 0 | 8.43 | 0.0 | 0.0 | 0.01 | 0.0 | 0 | 0.06 | 0.0 | 0 | 0.28 | -9.68 | 366.67 | 0.34 | -8.11 | 466.67 | -0.4 | -48.15 | 39.39 | -0.12 | -400.0 | 80.0 | 0.00 | 0 | 0 |
| 22Q3 (12) | 1.8 | 71.43 | 26.76 | 4.36 | 0.0 | -4.39 | 0.71 | -1.39 | -22.83 | 0 | 0 | 0 | 2.26 | -23.91 | -34.68 | 0.05 | -79.17 | -54.55 | 2.72 | -16.05 | -15.53 | 26.28 | -6.32 | 12.96 | 2.79 | -4.78 | -3.79 | 0.58 | 0.0 | -1.69 | 2.77 | -6.42 | -14.51 | 0 | 0 | 0 | 8.43 | 0.0 | 0.0 | 0.01 | 0.0 | 0 | 0.06 | 0.0 | 0 | 0.31 | 24.0 | 93.75 | 0.37 | 15.62 | 131.25 | -0.27 | 32.5 | 6.9 | 0.04 | 126.67 | 130.77 | 0.00 | 0 | 0 |
| 22Q2 (11) | 1.05 | 41.89 | -10.26 | 4.36 | 4.06 | -0.46 | 0.72 | 0.0 | -18.18 | 0 | 0 | 0 | 2.97 | 26.92 | -25.56 | 0.24 | 1100.0 | 33.33 | 3.24 | 12.11 | -14.51 | 28.05 | 22.01 | -4.96 | 2.93 | -4.87 | -1.35 | 0.58 | -3.33 | -3.33 | 2.96 | -5.73 | -13.7 | 0 | 0 | 0 | 8.43 | 0.0 | 0.0 | 0.01 | 0 | 0 | 0.06 | 0 | 0 | 0.25 | 212.5 | 400.0 | 0.32 | 300.0 | 540.0 | -0.4 | 0.0 | -42.86 | -0.15 | 53.12 | 34.78 | 0.00 | 0 | 0 |
| 22Q1 (10) | 0.74 | -33.93 | -41.73 | 4.19 | -7.3 | 3.2 | 0.72 | -2.7 | -17.24 | 0 | 0 | 0 | 2.34 | -15.83 | -28.66 | 0.02 | 122.22 | -91.67 | 2.89 | -4.62 | -14.5 | 22.99 | 2.51 | -21.84 | 3.08 | 9.61 | 8.83 | 0.6 | 3.45 | -1.64 | 3.14 | 2.28 | -13.26 | 0 | 0 | 0 | 8.43 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.08 | 33.33 | 161.54 | 0.08 | 33.33 | 161.54 | -0.4 | 39.39 | -29.03 | -0.32 | 46.67 | 27.27 | 0.00 | 0 | 0 |
| 21Q4 (9) | 1.12 | -21.13 | 10.89 | 4.52 | -0.88 | 16.49 | 0.74 | -19.57 | 8.82 | 0 | 0 | 0 | 2.78 | -19.65 | -10.61 | -0.09 | -181.82 | 47.06 | 3.03 | -5.9 | -9.01 | 22.43 | -3.6 | -28.61 | 2.81 | -3.1 | 21.12 | 0.58 | -1.69 | -6.45 | 3.07 | -5.25 | -19.42 | 0 | 0 | 0 | 8.43 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.06 | -62.5 | 116.22 | 0.06 | -62.5 | 116.22 | -0.66 | -127.59 | -94.12 | -0.6 | -361.54 | 15.49 | 0.00 | 0 | 0 |
| 21Q3 (8) | 1.42 | 21.37 | 14.52 | 4.56 | 4.11 | 54.05 | 0.92 | 4.55 | 50.82 | 0 | 0 | 0 | 3.46 | -13.28 | 40.65 | 0.11 | -38.89 | 222.22 | 3.22 | -15.04 | 4.55 | 23.27 | -21.18 | -23.78 | 2.9 | -2.36 | 39.42 | 0.59 | -1.67 | -3.28 | 3.24 | -5.54 | -30.47 | 0 | 0 | 0 | 8.43 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.16 | 220.0 | 176.19 | 0.16 | 220.0 | 176.19 | -0.29 | -3.57 | 21.62 | -0.13 | 43.48 | 77.59 | 0.00 | 0 | 0 |
| 21Q2 (7) | 1.17 | -7.87 | 56.0 | 4.38 | 7.88 | 58.12 | 0.88 | 1.15 | -10.2 | 0 | 0 | 0 | 3.99 | 21.65 | 51.14 | 0.18 | -25.0 | 400.0 | 3.79 | 12.13 | 23.45 | 29.52 | 0.34 | 0 | 2.97 | 4.95 | 33.78 | 0.6 | -1.64 | -1.64 | 3.43 | -5.25 | -20.6 | 0 | 0 | 0 | 8.43 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.05 | 138.46 | 141.67 | 0.05 | 138.46 | 141.67 | -0.28 | 9.68 | 30.0 | -0.23 | 47.73 | 55.77 | 0.00 | 0 | 0 |
| 21Q1 (6) | 1.27 | 25.74 | 78.87 | 4.06 | 4.64 | 70.59 | 0.87 | 27.94 | -9.38 | 0 | 0 | 0 | 3.28 | 5.47 | 37.24 | 0.24 | 241.18 | 166.67 | 3.38 | 1.5 | 26.12 | 29.42 | -6.36 | 0 | 2.83 | 21.98 | 17.43 | 0.61 | -1.61 | 56.41 | 3.62 | -4.99 | -22.81 | 0 | 0 | 0 | 8.43 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.13 | 64.86 | -116.67 | -0.13 | 64.86 | -116.67 | -0.31 | 8.82 | 3.12 | -0.44 | 38.03 | -15.79 | 0.00 | 0 | 0 |
| 20Q4 (5) | 1.01 | -18.55 | 46.38 | 3.88 | 31.08 | 46.42 | 0.68 | 11.48 | -18.07 | 0 | 0 | 0 | 3.11 | 26.42 | 19.62 | -0.17 | -88.89 | -440.0 | 3.33 | 8.12 | 17.67 | 31.42 | 2.92 | 0 | 2.32 | 11.54 | 7.91 | 0.62 | 1.64 | 0 | 3.81 | -18.24 | -4.51 | 0 | 0 | 0 | 8.43 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.37 | -76.19 | -164.29 | -0.37 | -76.19 | -164.29 | -0.34 | 8.11 | -30.77 | -0.71 | -22.41 | -77.5 | 0.00 | 0 | 0 |
| 20Q3 (4) | 1.24 | 65.33 | 0.0 | 2.96 | 6.86 | 0.0 | 0.61 | -37.76 | 0.0 | 0 | 0 | 0.0 | 2.46 | -6.82 | 0.0 | -0.09 | -50.0 | 0.0 | 3.08 | 0.33 | 0.0 | 30.53 | 0 | 0.0 | 2.08 | -6.31 | 0.0 | 0.61 | 0.0 | 0.0 | 4.66 | 7.87 | 0.0 | 0 | 0 | 0.0 | 8.43 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | -0.21 | -75.0 | 0.0 | -0.21 | -75.0 | 0.0 | -0.37 | 7.5 | 0.0 | -0.58 | -11.54 | 0.0 | 0.00 | 0 | 0.0 |
