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) | 11.95 | 23.71 | 3.02 | -38.37 | 2.85 | -7.77 | 0 | 0 | 41.32 | 8.97 | 7.14 | 14.24 | 5.3 | 12.29 | 12.83 | 3.05 | 3.06 | 10.47 | 0 | 0 | 21.56 | -2.93 | 16.71 | 10.15 | 24.81 | 0.0 | 4.64 | 16.0 | 2.06 | -17.6 | 14.02 | 45.28 | 20.71 | 28.24 | -3.55 | 0 | 10.47 | 37.94 | 0.23 | -0.85 |
| 2022 (9) | 9.66 | 38.79 | 4.9 | -67.22 | 3.09 | -75.12 | 0 | 0 | 37.92 | -17.94 | 6.25 | 39.51 | 4.72 | -41.51 | 12.45 | -28.73 | 2.77 | -74.63 | 0 | 0 | 22.21 | 63.79 | 15.17 | 11.05 | 24.81 | 0.0 | 4.0 | 12.68 | 2.5 | 3.31 | 9.65 | 91.85 | 16.15 | 46.82 | -2.06 | 0 | 7.59 | 200.0 | 0.23 | -18.6 |
| 2021 (8) | 6.96 | 43.21 | 14.95 | -8.73 | 12.42 | 56.23 | 0 | 0 | 46.21 | 24.62 | 4.48 | 258.4 | 8.07 | -13.87 | 17.46 | -30.89 | 10.92 | 21.2 | 0.03 | 0.0 | 13.56 | 0.82 | 13.66 | 8.93 | 24.81 | 0.0 | 3.55 | 2.9 | 2.42 | -9.7 | 5.03 | 393.14 | 11.0 | 54.06 | -2.5 | 0 | 2.53 | 0 | 0.29 | -9.57 |
| 2020 (7) | 4.86 | -22.98 | 16.38 | -14.33 | 7.95 | 54.37 | 0 | 0 | 37.08 | -3.08 | 1.25 | -34.9 | 9.37 | 6.12 | 25.27 | 9.49 | 9.01 | 14.63 | 0.03 | 0.0 | 13.45 | 7.86 | 12.54 | 2.45 | 24.81 | -0.44 | 3.45 | 5.83 | 2.68 | 81.08 | 1.02 | -48.48 | 7.14 | 6.25 | -2.42 | 0 | -1.4 | 0 | 0.32 | -0.77 |
| 2019 (6) | 6.31 | 50.24 | 19.12 | -12.45 | 5.15 | 60.44 | 0 | 0 | 38.26 | -21.5 | 1.92 | -15.79 | 8.83 | -5.86 | 23.08 | 19.92 | 7.86 | -23.39 | 0.03 | -40.0 | 12.47 | 4.7 | 12.24 | 20.0 | 24.92 | 10.36 | 3.26 | 6.19 | 1.48 | 236.36 | 1.98 | 5.32 | 6.72 | 24.44 | -2.68 | 0 | -0.7 | 0 | 0.32 | -6.65 |
| 2018 (5) | 4.2 | -50.59 | 21.84 | -20.18 | 3.21 | -1.23 | 0 | 0 | 48.74 | 52.26 | 2.28 | 0 | 9.38 | 34.96 | 19.24 | -11.36 | 10.26 | 16.19 | 0.05 | 0.0 | 11.91 | 9.47 | 10.2 | 31.78 | 22.58 | 0.0 | 3.07 | 0.0 | 0.44 | 0.0 | 1.88 | 0 | 5.4 | 86.85 | -1.48 | 0 | 0.4 | 0 | 0.34 | 23.66 |
| 2017 (4) | 8.5 | 31.58 | 27.36 | -9.04 | 3.25 | -63.89 | 0 | 0 | 32.01 | 11.92 | -3.43 | 0 | 6.95 | -13.34 | 21.71 | -22.57 | 8.83 | 41.28 | 0.05 | -16.67 | 10.88 | 42.04 | 7.74 | 2.25 | 22.58 | 0.0 | 3.07 | 0.0 | 0.44 | 0.0 | -0.62 | 0 | 2.89 | -53.91 | -0.89 | 0 | -1.51 | 0 | 0.28 | 57.17 |
| 2016 (3) | 6.46 | 5.9 | 30.08 | 33.69 | 9.0 | 106.9 | 0 | 0 | 28.6 | -32.36 | -6.26 | 0 | 8.02 | 87.38 | 28.04 | 177.01 | 6.25 | 67.56 | 0.06 | -14.29 | 7.66 | -47.46 | 7.57 | 66.01 | 22.58 | 4.97 | 3.07 | 7.34 | 0.44 | 0.0 | 2.76 | -75.85 | 6.27 | -57.43 | -0.43 | 0 | 2.33 | -79.7 | 0.18 | 82.04 |
| 2015 (2) | 6.1 | -36.19 | 22.5 | 155.1 | 4.35 | -32.87 | 0 | 0 | 42.28 | 6.79 | 2.16 | -65.05 | 4.28 | 91.93 | 10.12 | 79.72 | 3.73 | 29.51 | 0.07 | -12.5 | 14.58 | 93.37 | 4.56 | 58.33 | 21.51 | 15.03 | 2.86 | 27.68 | 0.44 | 0.0 | 11.43 | -17.05 | 14.73 | -10.51 | 0.05 | -82.14 | 11.48 | -18.35 | 0.10 | 7.47 |
| 2014 (1) | 9.56 | -16.43 | 8.82 | -0.9 | 6.48 | 73.73 | 0 | 0 | 39.59 | 70.5 | 6.18 | 67.93 | 2.23 | -15.53 | 5.63 | -50.46 | 2.88 | 29.73 | 0.08 | 0 | 7.54 | 3670.0 | 2.88 | 27.43 | 18.7 | 0.11 | 2.24 | 19.79 | 0.44 | 0.0 | 13.78 | 26.65 | 16.46 | 24.79 | 0.28 | -83.03 | 14.06 | 12.21 | 0.09 | 66.75 |
| 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) | 12.33 | 23.8 | 74.4 | 3.05 | -0.97 | -18.01 | 8.17 | 54.44 | 258.33 | 0 | 0 | 0 | 11.94 | -18.83 | 8.15 | 1.8 | -15.49 | -26.83 | 7.35 | 7.61 | 18.36 | 14.28 | 5.73 | -15.42 | 3.28 | 4.13 | 18.41 | 0 | 0 | 0 | 20.22 | 12.58 | 1.35 | 16.88 | -0.53 | 4.65 | 24.81 | 0.0 | 0.0 | 5.34 | 0.0 | 15.09 | 3.55 | 0.0 | 72.33 | 13.78 | 15.03 | 14.83 | 22.68 | 8.62 | 21.28 | -2.99 | 25.81 | 14.08 | 10.79 | 35.72 | 26.64 | 0.23 | -2.87 | -3.94 |
| 24Q2 (19) | 9.96 | -29.26 | 12.67 | 3.08 | 1.99 | -38.15 | 5.29 | 1.34 | 142.66 | 0 | 0 | 0 | 14.71 | 28.36 | 58.51 | 2.13 | 21.71 | 147.67 | 6.83 | 20.25 | 56.29 | 13.50 | 7.34 | 8.21 | 3.15 | -14.17 | 8.25 | 0 | 0 | 0 | 17.96 | -2.29 | -13.53 | 16.97 | -1.11 | 6.93 | 24.81 | 0.0 | 0.0 | 5.34 | 15.09 | 15.09 | 3.55 | 72.33 | 72.33 | 11.98 | -24.03 | 25.45 | 20.88 | -7.03 | 28.57 | -4.03 | 4.73 | -24.77 | 7.95 | -31.11 | 25.79 | 0.23 | 1.35 | -1.77 |
| 24Q1 (18) | 14.08 | 17.82 | 26.39 | 3.02 | 0.0 | -39.24 | 5.22 | 83.16 | 111.34 | 0 | 0 | 0 | 11.46 | -14.29 | 50.0 | 1.75 | -17.06 | 1.74 | 5.68 | 7.17 | 8.4 | 12.58 | -1.9 | -13.79 | 3.67 | 19.93 | 26.99 | 0 | 0 | 0 | 18.38 | -14.75 | -13.47 | 17.16 | 2.69 | 11.57 | 24.81 | 0.0 | 0.0 | 4.64 | 0.0 | 16.0 | 2.06 | 0.0 | -17.6 | 15.77 | 12.48 | 38.7 | 22.46 | 8.45 | 25.76 | -4.23 | -19.15 | -109.41 | 11.54 | 10.22 | 23.42 | 0.23 | -0.68 | 0.43 |
| 23Q4 (17) | 11.95 | 69.02 | 23.71 | 3.02 | -18.82 | -38.37 | 2.85 | 25.0 | -7.77 | 0 | 0 | 0 | 13.37 | 21.11 | 51.42 | 2.11 | -14.23 | 12.83 | 5.3 | -14.65 | 12.29 | 12.82 | -24.03 | 3.02 | 3.06 | 10.47 | 10.47 | 0 | 0 | 0 | 21.56 | 8.07 | -2.93 | 16.71 | 3.6 | 10.15 | 24.81 | 0.0 | 0.0 | 4.64 | 0.0 | 16.0 | 2.06 | 0.0 | -17.6 | 14.02 | 16.83 | 45.28 | 20.71 | 10.75 | 28.24 | -3.55 | -2.01 | -72.33 | 10.47 | 22.89 | 37.94 | 0.23 | -1.75 | -0.85 |
| 23Q3 (16) | 7.07 | -20.02 | 35.96 | 3.72 | -25.3 | -53.56 | 2.28 | 4.59 | 70.15 | 0 | 0 | 0 | 11.04 | 18.97 | 19.09 | 2.46 | 186.05 | 79.56 | 6.21 | 42.11 | 15.0 | 16.88 | 35.27 | 30.0 | 2.77 | -4.81 | -9.48 | 0 | 0 | -100.0 | 19.95 | -3.95 | 35.25 | 16.13 | 1.64 | 11.01 | 24.81 | 0.0 | 0.0 | 4.64 | 0.0 | 16.0 | 2.06 | 0.0 | -17.6 | 12.0 | 25.65 | 57.07 | 18.7 | 15.15 | 32.25 | -3.48 | -7.74 | -130.46 | 8.52 | 34.81 | 38.99 | 0.24 | -0.67 | -2.04 |
| 23Q2 (15) | 8.84 | -20.65 | 124.94 | 4.98 | 0.2 | -45.57 | 2.18 | -11.74 | 81.67 | 0 | 0 | 0 | 9.28 | 21.47 | -8.75 | 0.86 | -50.0 | -70.55 | 4.37 | -16.6 | -16.28 | 12.48 | -14.48 | 5.45 | 2.91 | 0.69 | -10.19 | 0 | 0 | -100.0 | 20.77 | -2.21 | 46.99 | 15.87 | 3.19 | 12.16 | 24.81 | 0.0 | 0.0 | 4.64 | 16.0 | 16.0 | 2.06 | -17.6 | -17.6 | 9.55 | -16.01 | 52.31 | 16.24 | -9.07 | 27.17 | -3.23 | -59.9 | -94.58 | 6.32 | -32.41 | 37.09 | 0.24 | 3.62 | -2.5 |
| 23Q1 (14) | 11.14 | 15.32 | 26.73 | 4.97 | 1.43 | -68.6 | 2.47 | -20.06 | -80.35 | 0 | 0 | 0 | 7.64 | -13.48 | -20.83 | 1.72 | -8.02 | 1620.0 | 5.24 | 11.02 | -24.93 | 14.59 | 17.23 | -4.94 | 2.89 | 4.33 | -74.72 | 0 | 0 | -100.0 | 21.24 | -4.37 | 36.68 | 15.38 | 1.38 | 10.17 | 24.81 | 0.0 | 0.0 | 4.0 | 0.0 | 12.68 | 2.5 | 0.0 | 3.31 | 11.37 | 17.82 | 122.07 | 17.86 | 10.59 | 61.05 | -2.02 | 1.94 | -1.0 | 9.35 | 23.19 | 199.68 | 0.23 | -1.95 | -17.92 |
| 22Q4 (13) | 9.66 | 85.77 | 38.79 | 4.9 | -38.83 | -67.22 | 3.09 | 130.6 | -75.12 | 0 | 0 | 0 | 8.83 | -4.75 | -29.36 | 1.87 | 36.5 | 36.5 | 4.72 | -12.59 | -41.51 | 12.45 | -4.13 | -28.71 | 2.77 | -9.48 | -74.63 | 0 | -100.0 | -100.0 | 22.21 | 50.58 | 63.79 | 15.17 | 4.4 | 11.05 | 24.81 | 0.0 | 0.0 | 4.0 | 0.0 | 12.68 | 2.5 | 0.0 | 3.31 | 9.65 | 26.31 | 91.85 | 16.15 | 14.21 | 46.82 | -2.06 | -36.42 | 17.6 | 7.59 | 23.82 | 200.0 | 0.23 | -2.92 | -18.6 |
| 22Q3 (12) | 5.2 | 32.32 | -2.26 | 8.01 | -12.46 | -47.95 | 1.34 | 11.67 | -88.85 | 0 | 0 | 0 | 9.27 | -8.85 | -21.37 | 1.37 | -53.08 | 57.47 | 5.4 | 3.45 | -23.19 | 12.98 | 9.72 | -13.32 | 3.06 | -5.56 | -69.97 | 5.18 | -1.33 | 17166.67 | 14.75 | 4.39 | 22.41 | 14.53 | 2.69 | 7.23 | 24.81 | 0.0 | 0.0 | 4.0 | 0.0 | 12.68 | 2.5 | 0.0 | 3.31 | 7.64 | 21.85 | 108.17 | 14.14 | 10.73 | 46.68 | -1.51 | 9.04 | 41.7 | 6.13 | 32.97 | 467.59 | 0.24 | -1.15 | -19.15 |
| 22Q2 (11) | 3.93 | -55.29 | -40.72 | 9.15 | -42.2 | -45.73 | 1.2 | -90.45 | -90.04 | 0 | 0 | 0 | 10.17 | 5.39 | -11.8 | 2.92 | 2820.0 | 141.32 | 5.22 | -25.21 | -26.38 | 11.83 | -22.91 | -25.57 | 3.24 | -71.65 | -66.21 | 5.25 | 17400.0 | 17400.0 | 14.13 | -9.07 | 26.61 | 14.15 | 1.36 | 4.66 | 24.81 | 0.0 | 0.0 | 4.0 | 12.68 | 15.94 | 2.5 | 3.31 | -6.72 | 6.27 | 22.46 | 92.33 | 12.77 | 15.15 | 36.0 | -1.66 | 17.0 | 35.91 | 4.61 | 47.76 | 588.06 | 0.24 | -12.77 | -19.32 |
| 22Q1 (10) | 8.79 | 26.29 | 79.75 | 15.83 | 5.89 | -4.7 | 12.57 | 1.21 | 39.51 | 0 | 0 | 0 | 9.65 | -22.8 | -7.21 | 0.1 | -92.7 | -90.38 | 6.98 | -13.51 | -8.4 | 15.35 | -12.08 | -14.7 | 11.43 | 4.67 | 23.97 | 0.03 | 0.0 | 0.0 | 15.54 | 14.6 | 13.68 | 13.96 | 2.2 | 8.55 | 24.81 | 0.0 | 0.0 | 3.55 | 0.0 | 2.9 | 2.42 | 0.0 | -9.7 | 5.12 | 1.79 | 149.76 | 11.09 | 0.82 | 35.57 | -2.0 | 20.0 | 20.0 | 3.12 | 23.32 | 793.33 | 0.28 | -2.76 | -10.01 |
| 21Q4 (9) | 6.96 | 30.83 | 43.21 | 14.95 | -2.86 | -8.73 | 12.42 | 3.33 | 56.23 | 0 | 0 | 0 | 12.5 | 6.02 | -5.37 | 1.37 | 57.47 | 52.22 | 8.07 | 14.79 | -13.87 | 17.46 | 16.56 | -30.91 | 10.92 | 7.16 | 21.2 | 0.03 | 0.0 | 0.0 | 13.56 | 12.53 | 0.82 | 13.66 | 0.81 | 8.93 | 24.81 | 0.0 | 0.0 | 3.55 | 0.0 | 2.9 | 2.42 | 0.0 | -9.7 | 5.03 | 37.06 | 393.14 | 11.0 | 14.11 | 54.06 | -2.5 | 3.47 | -3.31 | 2.53 | 134.26 | 280.71 | 0.29 | -3.58 | -9.57 |
| 21Q3 (8) | 5.32 | -19.76 | 84.72 | 15.39 | -8.72 | -10.99 | 12.02 | -0.25 | 139.44 | 0 | 0 | 0 | 11.79 | 2.25 | 24.76 | 0.87 | -28.1 | 400.0 | 7.03 | -0.85 | -11.9 | 14.98 | -5.79 | -36.21 | 10.19 | 6.26 | 15.53 | 0.03 | 0.0 | 0.0 | 12.05 | 7.97 | -7.09 | 13.55 | 0.22 | 5.12 | 24.81 | 0.0 | 0.0 | 3.55 | 2.9 | 2.9 | 2.42 | -9.7 | -9.7 | 3.67 | 12.58 | 891.89 | 9.64 | 2.66 | 48.31 | -2.59 | 0.0 | 4.43 | 1.08 | 61.19 | 146.15 | 0.30 | -1.35 | -7.41 |
| 21Q2 (7) | 6.63 | 35.58 | 118.81 | 16.86 | 1.51 | -7.52 | 12.05 | 33.74 | 110.3 | 0 | 0 | 0 | 11.53 | 10.87 | 24.25 | 1.21 | 16.35 | 188.1 | 7.09 | -6.96 | -5.09 | 15.90 | -11.65 | 0 | 9.59 | 4.01 | 12.96 | 0.03 | 0.0 | 0.0 | 11.16 | -18.36 | -13.15 | 13.52 | 5.13 | 7.3 | 24.81 | 0.0 | -0.44 | 3.45 | 0.0 | 0.0 | 2.68 | 0.0 | 0.0 | 3.26 | 59.02 | 393.94 | 9.39 | 14.79 | 38.29 | -2.59 | -3.6 | 11.3 | 0.67 | 248.89 | 129.65 | 0.30 | -2.7 | -5.87 |
| 21Q1 (6) | 4.89 | 0.62 | 53.77 | 16.61 | 1.4 | -8.08 | 9.01 | 13.33 | 68.73 | 0 | 0 | 0 | 10.4 | -21.27 | 102.33 | 1.04 | 15.56 | 395.24 | 7.62 | -18.68 | 2.56 | 18.00 | -28.78 | 0 | 9.22 | 2.33 | 3.13 | 0.03 | 0.0 | 0.0 | 13.67 | 1.64 | 2.94 | 12.86 | 2.55 | 5.76 | 24.81 | 0.0 | -0.44 | 3.45 | 0.0 | 5.83 | 2.68 | 0.0 | 81.08 | 2.05 | 100.98 | -6.39 | 8.18 | 14.57 | 18.04 | -2.5 | -3.31 | 11.03 | -0.45 | 67.86 | 27.42 | 0.31 | -2.29 | -2.09 |
| 20Q4 (5) | 4.86 | 68.75 | -22.98 | 16.38 | -5.26 | -14.02 | 7.95 | 58.37 | 54.37 | 0 | 0 | 0 | 13.21 | 39.79 | 30.66 | 0.9 | 410.34 | 742.86 | 9.37 | 17.42 | 6.12 | 25.27 | 7.6 | 0 | 9.01 | 2.15 | 14.63 | 0.03 | 0.0 | 0.0 | 13.45 | 3.7 | 7.86 | 12.54 | -2.72 | 2.45 | 24.81 | 0.0 | -0.44 | 3.45 | 0.0 | 5.83 | 2.68 | 0.0 | 81.08 | 1.02 | 175.68 | -48.48 | 7.14 | 9.85 | 6.25 | -2.42 | 10.7 | 9.7 | -1.4 | 40.17 | -100.0 | 0.32 | -1.27 | -0.77 |
| 20Q3 (4) | 2.88 | -4.95 | 0.0 | 17.29 | -5.16 | 0.0 | 5.02 | -12.39 | 0.0 | 0 | 0 | 0.0 | 9.45 | 1.83 | 0.0 | -0.29 | -169.05 | 0.0 | 7.98 | 6.83 | 0.0 | 23.48 | 0 | 0.0 | 8.82 | 3.89 | 0.0 | 0.03 | 0.0 | 0.0 | 12.97 | 0.93 | 0.0 | 12.89 | 2.3 | 0.0 | 24.81 | -0.44 | 0.0 | 3.45 | 0.0 | 0.0 | 2.68 | 0.0 | 0.0 | 0.37 | -43.94 | 0.0 | 6.5 | -4.27 | 0.0 | -2.71 | 7.19 | 0.0 | -2.34 | -3.54 | 0.0 | 0.32 | 0.29 | 0.0 |
