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) | 26.09 | 18.86 | 16.85 | -51.52 | 0 | 0 | 0 | 0 | 168.93 | -30.14 | 14.97 | -55.92 | 27.07 | -35.99 | 16.02 | -8.37 | 21.39 | -57.09 | 0 | 0 | 0 | 0 | 0.13 | -18.75 | 19.1 | 0.16 | 12.1 | 33.41 | 4.75 | -14.41 | 38.26 | -6.06 | 55.11 | -0.43 | -6.94 | 0 | 31.32 | -14.66 | 0.00 | 0 |
| 2022 (9) | 21.95 | 96.86 | 34.76 | 11.3 | 0.27 | -94.49 | 0 | 0 | 241.81 | 55.56 | 33.96 | 186.58 | 42.29 | 26.77 | 17.49 | -18.51 | 49.85 | 27.89 | 0 | 0 | 0 | 0 | 0.16 | 45.45 | 19.07 | 2.42 | 9.07 | 32.6 | 5.55 | -43.08 | 40.73 | 230.6 | 55.35 | 91.39 | -4.03 | 0 | 36.7 | 1103.28 | 0.00 | 0 |
| 2021 (8) | 11.15 | -28.89 | 31.23 | 136.05 | 4.9 | 0 | 0 | 0 | 155.44 | 37.0 | 11.85 | 31.96 | 33.36 | 46.9 | 21.46 | 7.22 | 38.98 | 42.78 | 0 | 0 | 1.0 | -79.34 | 0.11 | -21.43 | 18.62 | 0.0 | 6.84 | 13.62 | 9.75 | 14.3 | 12.32 | 54.77 | 28.92 | 28.53 | -9.27 | 0 | 3.05 | 0 | 0.00 | -59.64 |
| 2020 (7) | 15.68 | 14.2 | 13.23 | -20.73 | 0 | 0 | 0 | 0 | 113.46 | -11.66 | 8.98 | -29.79 | 22.71 | -2.49 | 20.02 | 10.38 | 27.3 | 27.45 | 0 | 0 | 4.84 | 591.43 | 0.14 | -12.5 | 18.62 | 6.52 | 6.02 | 42.99 | 8.53 | 102.61 | 7.96 | -57.27 | 22.5 | -16.82 | -8.37 | 0 | -0.41 | 0 | 0.00 | -7.25 |
| 2019 (6) | 13.73 | 4.57 | 16.69 | 54.97 | 0 | 0 | 0 | 0 | 128.43 | 27.54 | 12.79 | 72.14 | 23.29 | 8.83 | 18.13 | -14.67 | 21.42 | 14.98 | 0 | 0 | 0.7 | -92.86 | 0.16 | -5.88 | 17.48 | 14.32 | 4.21 | 21.33 | 4.21 | -5.61 | 18.63 | 52.58 | 27.05 | 34.31 | -6.83 | 0 | 11.8 | 47.5 | 0.01 | -8.5 |
| 2018 (5) | 13.13 | 22.94 | 10.77 | 23.51 | 2.36 | -4.45 | 0 | 0 | 100.7 | -3.06 | 7.43 | -7.47 | 21.4 | 14.19 | 21.25 | 17.8 | 18.63 | 22.89 | 0 | 0 | 9.81 | 990.0 | 0.17 | -10.53 | 15.29 | 4.58 | 3.47 | 29.96 | 4.46 | 82.79 | 12.21 | -10.88 | 20.14 | 7.13 | -4.21 | 0 | 8.0 | -13.42 | 0.01 | -17.52 |
| 2017 (4) | 10.68 | 3.59 | 8.72 | 22.47 | 2.47 | 304.92 | 0 | 0 | 103.88 | 14.41 | 8.03 | 14.39 | 18.74 | 34.92 | 18.04 | 17.93 | 15.16 | -9.28 | 0 | 0 | 0.9 | -87.97 | 0.19 | -24.0 | 14.62 | 5.87 | 2.67 | 36.22 | 2.44 | 15.64 | 13.7 | 20.81 | 18.8 | 22.0 | -4.46 | 0 | 9.24 | 3.94 | 0.01 | 11.65 |
| 2016 (3) | 10.31 | 37.65 | 7.12 | -49.5 | 0.61 | -75.0 | 0 | 0 | 90.8 | 0.38 | 7.02 | 510.43 | 13.89 | 23.58 | 15.30 | 23.11 | 16.71 | -7.83 | 0 | 0 | 7.48 | 0 | 0.25 | -16.67 | 13.81 | 4.07 | 1.96 | 5.95 | 2.11 | 0.0 | 11.34 | 59.94 | 15.41 | 39.46 | -2.45 | 0 | 8.89 | -7.49 | 0.01 | -10.75 |
| 2015 (2) | 7.49 | 1.63 | 14.1 | 70.7 | 2.44 | 38.64 | 0 | 0 | 90.46 | 6.11 | 1.15 | -70.28 | 11.24 | -12.05 | 12.43 | -17.12 | 18.13 | -6.98 | 0 | 0 | 0 | 0 | 0.3 | -47.37 | 13.27 | 2.63 | 1.85 | 26.71 | 2.11 | 0.0 | 7.09 | -26.15 | 11.05 | -16.1 | 2.52 | -1.95 | 9.61 | -21.04 | 0.01 | -52.89 |
| 2014 (1) | 7.37 | -21.34 | 8.26 | 25.15 | 1.76 | 2414.29 | 0 | 0 | 85.25 | 22.86 | 3.87 | 45.49 | 12.78 | 70.4 | 14.99 | 38.7 | 19.49 | 9.93 | 0 | 0 | 0.9 | -81.29 | 0.57 | 67.65 | 12.93 | 9.02 | 1.46 | 22.69 | 2.11 | 0.0 | 9.6 | 14.42 | 13.17 | 12.66 | 2.57 | 384.91 | 12.17 | 36.43 | 0.02 | 234.85 |
| 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) | 29.69 | 19.24 | 12.85 | 20.1 | 4.42 | 125.84 | 0 | 0 | 0 | 0 | 0 | 0 | 35.99 | -9.23 | 1.58 | 1.02 | -75.0 | -69.82 | 28.04 | -16.57 | 11.49 | 20.17 | -16.91 | 55.79 | 24.01 | 8.1 | -19.43 | 0 | 0 | 0 | 0 | 0 | 0 | 0.38 | -5.0 | 171.43 | 19.1 | 0.0 | 0.0 | 12.5 | 0.0 | 13.95 | 6.94 | 0.0 | 72.21 | 37.89 | 2.79 | -12.45 | 57.32 | 1.81 | -1.66 | -2.77 | 27.11 | -31.9 | 35.12 | 6.23 | -14.72 | 0.00 | -1.57 | 0 |
| 24Q2 (19) | 24.9 | -23.83 | 32.03 | 19.25 | 42.59 | -4.89 | 0 | 0 | -100.0 | 0 | 0 | 0 | 39.65 | 49.12 | -14.1 | 4.08 | 44.68 | -34.3 | 33.61 | 108.63 | -7.38 | 24.27 | 118.44 | 54.65 | 22.21 | -14.45 | -29.54 | 0 | 0 | 0 | 0 | 0 | 0 | 0.4 | 135.29 | 185.71 | 19.1 | 0.0 | 0.1 | 12.5 | 3.31 | 13.95 | 6.94 | 46.11 | 72.21 | 36.86 | 4.18 | -7.62 | 56.3 | 7.81 | 2.55 | -3.8 | -1.06 | 20.0 | 33.06 | 4.55 | -5.95 | 0.00 | 0 | 0 |
| 24Q1 (18) | 32.69 | 25.3 | 45.61 | 13.5 | -19.88 | -56.11 | 0 | 0 | -100.0 | 0 | 0 | 0 | 26.59 | -27.76 | -47.39 | 2.82 | 347.62 | -40.51 | 16.11 | -40.49 | -52.6 | 11.11 | -30.66 | -19.23 | 25.96 | 21.37 | -39.16 | 0 | 0 | 0 | 0 | 0 | 0 | 0.17 | 30.77 | 13.33 | 19.1 | 0.0 | 0.16 | 12.1 | 0.0 | 33.41 | 4.75 | 0.0 | -14.41 | 35.38 | -7.53 | 3.85 | 52.22 | -5.24 | 7.25 | -3.76 | 45.82 | 16.44 | 31.62 | 0.96 | 6.93 | 0.00 | 0 | 0 |
| 23Q4 (17) | 26.09 | -0.84 | 18.86 | 16.85 | 89.33 | -51.52 | 0 | 0 | -100.0 | 0 | 0 | 0 | 36.81 | 3.9 | -40.78 | 0.63 | -81.36 | -89.57 | 27.07 | 7.63 | -35.99 | 16.02 | 23.79 | -8.38 | 21.39 | -28.22 | -57.09 | 0 | 0 | 0 | 0 | 0 | 0 | 0.13 | -7.14 | -18.75 | 19.1 | 0.0 | 0.16 | 12.1 | 10.3 | 33.41 | 4.75 | 17.87 | -14.41 | 38.26 | -11.6 | -6.06 | 55.11 | -5.46 | -0.43 | -6.94 | -230.48 | -72.21 | 31.32 | -23.94 | -14.66 | 0.00 | 0 | 0 |
| 23Q3 (16) | 26.31 | 39.5 | 56.61 | 8.9 | -56.03 | -75.79 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 35.43 | -23.25 | -51.05 | 3.38 | -45.57 | -73.98 | 25.15 | -30.7 | -52.88 | 12.94 | -17.52 | -45.52 | 29.8 | -5.46 | -42.17 | 0 | 0 | 0 | 0 | 0 | 0 | 0.14 | 0.0 | -17.65 | 19.1 | 0.1 | 0.53 | 10.97 | 0.0 | 44.91 | 4.03 | 0.0 | -56.53 | 43.28 | 8.47 | 24.58 | 58.29 | 6.17 | 12.99 | -2.1 | 55.79 | -0.48 | 41.18 | 17.16 | 26.13 | 0.00 | 0 | 0 |
| 23Q2 (15) | 18.86 | -15.99 | 14.72 | 20.24 | -34.2 | -49.26 | 0.18 | -30.77 | -93.23 | 0 | 0 | 0 | 46.16 | -8.67 | -25.55 | 6.21 | 31.01 | -35.11 | 36.29 | 6.77 | -22.49 | 15.69 | 14.08 | -35.06 | 31.52 | -26.13 | -39.72 | 0 | 0 | 0 | 0 | 0 | 0 | 0.14 | -6.67 | 7.69 | 19.08 | 0.05 | 0.74 | 10.97 | 20.95 | 44.91 | 4.03 | -27.39 | -56.53 | 39.9 | 17.11 | 83.45 | 54.9 | 12.75 | 42.23 | -4.75 | -5.56 | 14.41 | 35.15 | 18.87 | 116.98 | 0.00 | 0 | 0 |
| 23Q1 (14) | 22.45 | 2.28 | 56.12 | 30.76 | -11.51 | -16.32 | 0.26 | -3.7 | -94.7 | 0 | 0 | 0 | 50.54 | -18.69 | 11.64 | 4.74 | -21.52 | -11.57 | 33.99 | -19.63 | 1.68 | 13.76 | -21.34 | -31.47 | 42.67 | -14.4 | -13.13 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.15 | -6.25 | 25.0 | 19.07 | 0.0 | 2.42 | 9.07 | 0.0 | 32.6 | 5.55 | 0.0 | -43.08 | 34.07 | -16.35 | 173.87 | 48.69 | -12.03 | 67.72 | -4.5 | -11.66 | 23.47 | 29.57 | -19.43 | 350.76 | 0.00 | 0 | 0 |
| 22Q4 (13) | 21.95 | 30.65 | 96.86 | 34.76 | -5.44 | 11.3 | 0.27 | -72.16 | -94.49 | 0 | 0 | 0 | 62.16 | -14.12 | 38.19 | 6.04 | -53.5 | 55.67 | 42.29 | -20.76 | 26.77 | 17.49 | -26.39 | -18.51 | 49.85 | -3.26 | 27.89 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.16 | -5.88 | 45.45 | 19.07 | 0.37 | 2.42 | 9.07 | 19.82 | 32.6 | 5.55 | -40.13 | -43.08 | 40.73 | 17.24 | 230.6 | 55.35 | 7.29 | 91.39 | -4.03 | -92.82 | 56.53 | 36.7 | 12.4 | 1103.28 | 0.00 | 0 | -100.0 |
| 22Q3 (12) | 16.8 | 2.19 | 26.89 | 36.76 | -7.85 | 33.0 | 0.97 | -63.53 | 0 | 0 | 0 | 0 | 72.38 | 16.74 | 74.41 | 12.99 | 35.74 | 279.82 | 53.37 | 13.99 | 88.32 | 23.76 | -1.68 | 17.58 | 51.53 | -1.45 | 52.28 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.17 | 30.77 | 41.67 | 19.0 | 0.32 | 2.04 | 7.57 | 0.0 | 18.47 | 9.27 | 0.0 | 10.75 | 34.74 | 59.72 | 176.81 | 51.59 | 33.65 | 88.91 | -2.09 | 62.34 | 77.69 | 32.65 | 101.54 | 926.73 | 0.00 | 0 | -100.0 |
| 22Q2 (11) | 16.44 | 14.33 | 18.96 | 39.89 | 8.51 | 57.73 | 2.66 | -45.82 | 0 | 0 | 0 | 0 | 62.0 | 36.96 | 78.21 | 9.57 | 78.54 | 636.15 | 46.82 | 40.05 | 80.56 | 24.17 | 20.38 | 22.01 | 52.29 | 6.45 | 42.95 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0.13 | 8.33 | 0.0 | 18.94 | 1.72 | 1.72 | 7.57 | 10.67 | 18.47 | 9.27 | -4.92 | 10.75 | 21.75 | 74.84 | 137.96 | 38.6 | 32.97 | 61.51 | -5.55 | 5.61 | 43.08 | 16.2 | 146.95 | 2755.74 | 0.00 | 0 | -100.0 |
| 22Q1 (10) | 14.38 | 28.97 | -15.76 | 36.76 | 17.71 | 107.22 | 4.91 | 0.2 | 0 | 0 | 0 | 0 | 45.27 | 0.64 | 32.48 | 5.36 | 38.14 | 64.92 | 33.43 | 0.21 | 50.65 | 20.07 | -6.47 | 8.45 | 49.12 | 26.01 | 49.89 | 0 | 0 | 0 | 1.0 | 0.0 | -79.38 | 0.12 | 9.09 | -7.69 | 18.62 | 0.0 | 0.0 | 6.84 | 0.0 | 13.62 | 9.75 | 0.0 | 14.3 | 12.44 | 0.97 | 54.34 | 29.03 | 0.38 | 28.45 | -5.88 | 36.57 | 29.24 | 6.56 | 115.08 | 2724.0 | 0.00 | -100.0 | -100.0 |
| 21Q4 (9) | 11.15 | -15.79 | -28.89 | 31.23 | 12.99 | 136.05 | 4.9 | 0 | 0 | 0 | 0 | 0 | 44.98 | 8.39 | 50.99 | 3.88 | 13.45 | 107.49 | 33.36 | 17.71 | 46.9 | 21.46 | 6.21 | 7.21 | 38.98 | 15.19 | 42.78 | 0 | 0 | 0 | 1.0 | -82.99 | -79.34 | 0.11 | -8.33 | -21.43 | 18.62 | 0.0 | 0.0 | 6.84 | 7.04 | 13.62 | 9.75 | 16.49 | 14.3 | 12.32 | -1.83 | 54.77 | 28.92 | 5.9 | 28.53 | -9.27 | 1.07 | -10.75 | 3.05 | -4.09 | 843.9 | 0.00 | -1.87 | -59.64 |
| 21Q3 (8) | 13.24 | -4.2 | -36.35 | 27.64 | 9.29 | 79.13 | 0 | 0 | 0 | 0 | 0 | 0 | 41.5 | 19.29 | 29.0 | 3.42 | 163.08 | 84.86 | 28.34 | 9.29 | 30.54 | 20.21 | 2.02 | 10.08 | 33.84 | -7.49 | 58.43 | 0 | 0 | 0 | 5.88 | 0.17 | 21.74 | 0.12 | -7.69 | -14.29 | 18.62 | 0.0 | -23.59 | 6.39 | 0.0 | 16.39 | 8.37 | 0.0 | 22.55 | 12.55 | 37.31 | 2.78 | 27.31 | 14.27 | 11.33 | -9.37 | 3.9 | -11.55 | 3.18 | 621.31 | -16.54 | 0.00 | -4.28 | -58.25 |
| 21Q2 (7) | 13.82 | -19.04 | -2.88 | 25.29 | 42.56 | 44.85 | 0 | 0 | 0 | 0 | 0 | 0 | 34.79 | 1.81 | 46.42 | 1.3 | -60.0 | -24.42 | 25.93 | 16.85 | 14.99 | 19.81 | 7.01 | 0 | 36.58 | 11.63 | 52.42 | 0 | 0 | 0 | 5.87 | 21.03 | 1074.0 | 0.13 | 0.0 | -13.33 | 18.62 | 0.0 | 6.28 | 6.39 | 6.15 | 16.39 | 8.37 | -1.88 | 22.55 | 9.14 | 13.4 | -11.78 | 23.9 | 5.75 | 5.38 | -9.75 | -17.33 | -14.3 | -0.61 | -144.0 | -133.33 | 0.00 | -56.95 | -62.4 |
| 21Q1 (6) | 17.07 | 8.86 | 25.98 | 17.74 | 34.09 | 18.11 | 0 | 0 | 0 | 0 | 0 | 0 | 34.17 | 14.7 | 23.22 | 3.25 | 73.8 | -8.19 | 22.19 | -2.29 | 21.52 | 18.51 | -7.54 | 0 | 32.77 | 20.04 | 33.86 | 0 | 0 | 0 | 4.85 | 0.21 | 832.69 | 0.13 | -7.14 | -18.75 | 18.62 | 0.0 | 6.34 | 6.02 | 0.0 | 42.99 | 8.53 | 0.0 | 102.61 | 8.06 | 1.26 | -63.66 | 22.6 | 0.44 | -26.12 | -8.31 | 0.72 | -11.69 | -0.25 | 39.02 | -101.7 | 0.00 | -0.2 | -3.99 |
| 20Q4 (5) | 15.68 | -24.62 | 14.2 | 13.23 | -14.26 | -20.73 | 0 | 0 | 0 | 0 | 0 | 0 | 29.79 | -7.4 | -13.93 | 1.87 | 1.08 | -49.6 | 22.71 | 4.61 | -2.49 | 20.02 | 9.05 | 0 | 27.3 | 27.81 | 27.45 | 0 | 0 | 0 | 4.84 | 0.21 | 591.43 | 0.14 | 0.0 | -12.5 | 18.62 | -23.59 | 6.52 | 6.02 | 9.65 | 42.99 | 8.53 | 24.89 | 102.61 | 7.96 | -34.81 | -57.27 | 22.5 | -8.28 | -16.82 | -8.37 | 0.36 | -22.55 | -0.41 | -110.76 | -103.47 | 0.00 | 1.5 | -7.25 |
| 20Q3 (4) | 20.8 | 46.17 | 0.0 | 15.43 | -11.63 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 32.17 | 35.4 | 0.0 | 1.85 | 7.56 | 0.0 | 21.71 | -3.73 | 0.0 | 18.36 | 0 | 0.0 | 21.36 | -11.0 | 0.0 | 0 | 0 | 0.0 | 4.83 | 866.0 | 0.0 | 0.14 | -6.67 | 0.0 | 24.37 | 39.1 | 0.0 | 5.49 | 0.0 | 0.0 | 6.83 | 0.0 | 0.0 | 12.21 | 17.86 | 0.0 | 24.53 | 8.16 | 0.0 | -8.4 | 1.52 | 0.0 | 3.81 | 108.2 | 0.0 | 0.00 | -13.8 | 0.0 |
