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) | 21.87 | -10.33 | 0 | 0 | 0.23 | 9.52 | 0 | 0 | 90.73 | -4.81 | 9.47 | 4.07 | 17.34 | 18.85 | 19.11 | 24.85 | 8.82 | -28.58 | 0 | 0 | 3.39 | -5.57 | 0.07 | -72.0 | 18.85 | 0.0 | 13.62 | 7.41 | 0.88 | -54.64 | 32.17 | 14.08 | 46.67 | 9.02 | -1.38 | 0 | 30.79 | 12.7 | 0.01 | -7.87 |
| 2022 (9) | 24.39 | 20.8 | 0 | 0 | 0.21 | -4.55 | 0 | 0 | 95.31 | -1.6 | 9.1 | 36.43 | 14.59 | -19.97 | 15.31 | -18.67 | 12.35 | -20.22 | 0 | 0 | 3.59 | -5.53 | 0.25 | -3.85 | 18.85 | 0.0 | 12.68 | 5.75 | 1.94 | -6.73 | 28.2 | 18.09 | 42.81 | 12.81 | -0.88 | 0 | 27.32 | 24.52 | 0.01 | -5.75 |
| 2021 (8) | 20.19 | 16.57 | 0 | 0 | 0.22 | -4.35 | 0 | 0 | 96.86 | 7.22 | 6.67 | -19.05 | 18.23 | -0.27 | 18.82 | -6.99 | 15.48 | 25.65 | 0 | 0 | 3.8 | -18.8 | 0.26 | -13.33 | 18.85 | 0.0 | 11.99 | 7.25 | 2.08 | -20.91 | 23.88 | 7.66 | 37.95 | 5.48 | -1.94 | 0 | 21.94 | 9.15 | 0.01 | -52.83 |
| 2020 (7) | 17.32 | -22.99 | 0 | 0 | 0.23 | -41.03 | 0 | 0 | 90.34 | 4.05 | 8.24 | -0.24 | 18.28 | 21.46 | 20.23 | 16.73 | 12.32 | 31.06 | 0 | 0 | 4.68 | -14.6 | 0.3 | 3.45 | 18.85 | 0.0 | 11.18 | 7.92 | 2.63 | 63.35 | 22.18 | 6.94 | 35.98 | 10.0 | -2.08 | 0 | 20.1 | 10.99 | 0.02 | -21.96 |
| 2019 (6) | 22.49 | 32.14 | 0.15 | 0 | 0.39 | 56.0 | 0 | 0 | 86.82 | 4.56 | 8.26 | 19.19 | 15.05 | -0.13 | 17.33 | -4.49 | 9.4 | -3.19 | 0.05 | -28.57 | 5.48 | 55.24 | 0.29 | -3.33 | 18.85 | 0.0 | 10.36 | 7.25 | 1.61 | 228.57 | 20.74 | 9.85 | 32.71 | 12.64 | -2.63 | 0 | 18.11 | 4.86 | 0.03 | 6.57 |
| 2018 (5) | 17.02 | -16.4 | 0 | 0 | 0.25 | 212.5 | 0 | 0 | 83.03 | 3.71 | 6.93 | 26.0 | 15.07 | -0.4 | 18.15 | -3.96 | 9.71 | 8.01 | 0.07 | -85.11 | 3.53 | 296.63 | 0.3 | 11.11 | 18.85 | 0.0 | 9.66 | 6.04 | 0.49 | 0.0 | 18.88 | 19.19 | 29.04 | 14.11 | -1.61 | 0 | 17.27 | 6.47 | 0.02 | 8.33 |
| 2017 (4) | 20.36 | -12.05 | 0 | 0 | 0.08 | -50.0 | 0 | 0 | 80.06 | -4.68 | 5.5 | -32.93 | 15.13 | -11.0 | 18.90 | -6.63 | 8.99 | 14.38 | 0.47 | -41.98 | 0.89 | 178.12 | 0.27 | 3.85 | 18.85 | 0.0 | 9.11 | 9.89 | 0.49 | 0.0 | 15.84 | -4.46 | 25.45 | 0.32 | 0.38 | -73.61 | 16.22 | -9.99 | 0.02 | 7.29 |
| 2016 (3) | 23.15 | 42.2 | 0 | 0 | 0.16 | 0 | 0 | 0 | 83.99 | 5.16 | 8.2 | 3.02 | 17.0 | 4.49 | 20.24 | -0.64 | 7.86 | -3.08 | 0.81 | -40.88 | 0.32 | 0 | 0.26 | -79.03 | 18.85 | 0.0 | 8.29 | 10.53 | 0.49 | 0.0 | 16.58 | 13.17 | 25.37 | 12.06 | 1.44 | -49.83 | 18.02 | 2.85 | 0.02 | -10.36 |
| 2015 (2) | 16.28 | 62.64 | 0 | 0 | 0 | 0 | 0 | 0 | 79.87 | 12.89 | 7.96 | 56.69 | 16.27 | 1.69 | 20.37 | -9.92 | 8.11 | -2.29 | 1.37 | -81.81 | 0 | 0 | 1.24 | -29.55 | 18.85 | 0.0 | 7.5 | 7.3 | 0.49 | 0.0 | 14.65 | 31.98 | 22.64 | 21.85 | 2.87 | 1.77 | 17.52 | 25.86 | 0.02 | 3.7 |
| 2014 (1) | 10.01 | 13.88 | 0.94 | 4.44 | 0 | 0 | 0 | 0 | 70.75 | 20.16 | 5.08 | -12.56 | 16.0 | 31.9 | 22.61 | 9.77 | 8.3 | 1.47 | 7.53 | 7.42 | 0 | 0 | 1.76 | 128.57 | 18.85 | 0.0 | 6.99 | 9.05 | 0.49 | 0.0 | 11.1 | 5.82 | 18.58 | 6.84 | 2.82 | 46.88 | 13.92 | 12.17 | 0.02 | 187.5 |
| 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) | 22.94 | -25.95 | 24.81 | 0 | 0 | 0 | 0.21 | -8.7 | -8.7 | 0 | 0 | 0 | 22.24 | 12.84 | -16.67 | 2.17 | -7.26 | -46.15 | 14.89 | 5.6 | -26.94 | 17.27 | 11.05 | -26.41 | 8.46 | -13.85 | -20.79 | 0 | 0 | 0 | 3.23 | -1.52 | -6.1 | 0.24 | 380.0 | 700.0 | 18.85 | 0.0 | 0.0 | 14.55 | 0.0 | 6.83 | 1.38 | 0.0 | 56.82 | 32.07 | 7.29 | 6.54 | 47.99 | 4.74 | 7.6 | 0.36 | 158.06 | 132.14 | 32.43 | 10.8 | 11.9 | 0.01 | -0.35 | -19.43 |
| 24Q2 (19) | 30.98 | 11.6 | 64.44 | 0 | 0 | 0 | 0.23 | 0.0 | 9.52 | 0 | 0 | 0 | 19.71 | 3.3 | -6.59 | 2.34 | -4.49 | 4.0 | 14.1 | 4.6 | 1.37 | 15.55 | 6.2 | -2.37 | 9.82 | 6.62 | -13.4 | 0 | 0 | 0 | 3.28 | -1.8 | -6.02 | 0.05 | -16.67 | -81.48 | 18.85 | 0.0 | 0.0 | 14.55 | 6.83 | 6.83 | 1.38 | 56.82 | 56.82 | 29.89 | 3.14 | 14.65 | 45.82 | 5.41 | 12.94 | -0.62 | 49.18 | 55.07 | 29.27 | 5.44 | 18.55 | 0.01 | -9.8 | -22.89 |
| 24Q1 (18) | 27.76 | 26.93 | 27.46 | 0 | 0 | -100.0 | 0.23 | 0.0 | 9.52 | 0 | 0 | 0 | 19.08 | -24.32 | 7.55 | 2.45 | 10.36 | 152.58 | 13.48 | -22.26 | 14.53 | 14.64 | -23.39 | 13.23 | 9.21 | 4.42 | -22.02 | 0 | 0 | 0 | 3.34 | -1.47 | -5.65 | 0.06 | -14.29 | -76.0 | 18.85 | 0.0 | 0.0 | 13.62 | 0.0 | 7.41 | 0.88 | 0.0 | -54.64 | 28.98 | -9.92 | 22.28 | 43.47 | -6.86 | 13.44 | -1.22 | 11.59 | -82.09 | 27.76 | -9.84 | 20.54 | 0.01 | -9.55 | -21.99 |
| 23Q4 (17) | 21.87 | 18.99 | -10.33 | 0 | 0 | 0 | 0.23 | 0.0 | 9.52 | 0 | 0 | 0 | 25.21 | -5.55 | 18.19 | 2.22 | -44.91 | 70.77 | 17.34 | -14.92 | 18.85 | 19.11 | -18.55 | 24.83 | 8.82 | -17.42 | -28.58 | 0 | 0 | 0 | 3.39 | -1.45 | -5.57 | 0.07 | 133.33 | -72.0 | 18.85 | 0.0 | 0.0 | 13.62 | 0.0 | 7.41 | 0.88 | 0.0 | -54.64 | 32.17 | 6.88 | 14.08 | 46.67 | 4.64 | 9.02 | -1.38 | -23.21 | -56.82 | 30.79 | 6.25 | 12.7 | 0.01 | -0.91 | -7.87 |
| 23Q3 (16) | 18.38 | -2.44 | -23.06 | 0 | 0 | 0 | 0.23 | 9.52 | 9.52 | 0 | 0 | 0 | 26.69 | 26.49 | -1.8 | 4.03 | 79.11 | 6.05 | 20.38 | 46.51 | 3.87 | 23.46 | 47.34 | 18.69 | 10.68 | -5.82 | -22.83 | 0 | 0 | 0 | 3.44 | -1.43 | -5.75 | 0.03 | -88.89 | -88.46 | 18.85 | 0.0 | 0.0 | 13.62 | 0.0 | 7.41 | 0.88 | 0.0 | -54.64 | 30.1 | 15.46 | 13.12 | 44.6 | 9.93 | 8.17 | -1.12 | 18.84 | -80.65 | 28.98 | 17.38 | 11.5 | 0.01 | -4.63 | -4.2 |
| 23Q2 (15) | 18.84 | -13.5 | -11.22 | 0 | -100.0 | 0 | 0.21 | 0.0 | 0.0 | 0 | 0 | 0 | 21.1 | 18.94 | -14.89 | 2.25 | 131.96 | -19.93 | 13.91 | 18.18 | -28.26 | 15.92 | 23.17 | -21.22 | 11.34 | -3.98 | -25.15 | 0 | 0 | 0 | 3.49 | -1.41 | -5.68 | 0.27 | 8.0 | 3.85 | 18.85 | 0.0 | 0.0 | 13.62 | 7.41 | 7.41 | 0.88 | -54.64 | -54.64 | 26.07 | 10.0 | 14.29 | 40.57 | 5.87 | 8.39 | -1.38 | -105.97 | -12.2 | 24.69 | 7.21 | 14.41 | 0.01 | -8.74 | -6.28 |
| 23Q1 (14) | 21.78 | -10.7 | 8.52 | 0.1 | 0 | 0 | 0.21 | 0.0 | 0.0 | 0 | 0 | 0 | 17.74 | -16.83 | -19.4 | 0.97 | -25.38 | -17.8 | 11.77 | -19.33 | -30.76 | 12.93 | -15.54 | -26.1 | 11.81 | -4.37 | -27.46 | 0 | 0 | 0 | 3.54 | -1.39 | -5.6 | 0.25 | 0.0 | -3.85 | 18.85 | 0.0 | 0.0 | 12.68 | 0.0 | 5.75 | 1.94 | 0.0 | -6.73 | 23.7 | -15.96 | -5.46 | 38.32 | -10.49 | -2.1 | -0.67 | 23.86 | 36.79 | 23.03 | -15.7 | -4.08 | 0.01 | 6.82 | 0.67 |
| 22Q4 (13) | 24.39 | 2.09 | 20.8 | 0 | 0 | 0 | 0.21 | 0.0 | -4.55 | 0 | 0 | 0 | 21.33 | -21.52 | -15.59 | 1.3 | -65.79 | -10.96 | 14.59 | -25.64 | -19.97 | 15.31 | -22.56 | -18.66 | 12.35 | -10.77 | -20.22 | 0 | 0 | 0 | 3.59 | -1.64 | -5.53 | 0.25 | -3.85 | -3.85 | 18.85 | 0.0 | 0.0 | 12.68 | 0.0 | 5.75 | 1.94 | 0.0 | -6.73 | 28.2 | 5.98 | 18.09 | 42.81 | 3.83 | 12.81 | -0.88 | -41.94 | 54.64 | 27.32 | 5.12 | 24.52 | 0.01 | 3.04 | -5.75 |
| 22Q3 (12) | 23.89 | 12.58 | 26.8 | 0 | 0 | -100.0 | 0.21 | 0.0 | -4.55 | 0 | 0 | 0 | 27.18 | 9.64 | 13.96 | 3.8 | 35.23 | 71.95 | 19.62 | 1.19 | 16.86 | 19.77 | -2.21 | 12.68 | 13.84 | -8.65 | -11.4 | 0 | 0 | 0 | 3.65 | -1.35 | -5.19 | 0.26 | 0.0 | -7.14 | 18.85 | 0.0 | 0.0 | 12.68 | 0.0 | 5.75 | 1.94 | 0.0 | -6.73 | 26.61 | 16.66 | 19.7 | 41.23 | 10.15 | 13.58 | -0.62 | 49.59 | 70.19 | 25.99 | 20.44 | 28.98 | 0.01 | -6.7 | -9.73 |
| 22Q2 (11) | 21.22 | 5.73 | 6.15 | 0 | 0 | 0 | 0.21 | 0.0 | -19.23 | 0 | 0 | 0 | 24.79 | 12.63 | -4.8 | 2.81 | 138.14 | 108.15 | 19.39 | 14.06 | 2.59 | 20.21 | 15.55 | 4.95 | 15.15 | -6.94 | -1.88 | 0 | 0 | 0 | 3.7 | -1.33 | -18.68 | 0.26 | 0.0 | -7.14 | 18.85 | 0.0 | 0.0 | 12.68 | 5.75 | 13.42 | 1.94 | -6.73 | -26.24 | 22.81 | -9.01 | -9.41 | 37.43 | -4.37 | -4.0 | -1.23 | -16.04 | 35.6 | 21.58 | -10.12 | -7.26 | 0.01 | -1.97 | -51.28 |
| 22Q1 (10) | 20.07 | -0.59 | 13.65 | 0 | 0 | 0 | 0.21 | -4.55 | -16.0 | 0 | 0 | 0 | 22.01 | -12.9 | 1.38 | 1.18 | -19.18 | -28.48 | 17.0 | -6.75 | -9.24 | 17.50 | -7.04 | -11.74 | 16.28 | 5.17 | 13.93 | 0 | 0 | 0 | 3.75 | -1.32 | -18.83 | 0.26 | 0.0 | -10.34 | 18.85 | 0.0 | 0.0 | 11.99 | 0.0 | 7.25 | 2.08 | 0.0 | -20.91 | 25.07 | 4.98 | 5.2 | 39.14 | 3.14 | 4.01 | -1.06 | 45.36 | 47.0 | 24.01 | 9.43 | 9.99 | 0.01 | 0.0 | -51.83 |
| 21Q4 (9) | 20.19 | 7.17 | 16.57 | 0 | -100.0 | 0 | 0.22 | 0.0 | -4.35 | 0 | 0 | 0 | 25.27 | 5.95 | 4.85 | 1.46 | -33.94 | -5.19 | 18.23 | 8.58 | -0.27 | 18.82 | 7.27 | -6.99 | 15.48 | -0.9 | 25.65 | 0 | 0 | 0 | 3.8 | -1.3 | -18.8 | 0.26 | -7.14 | -13.33 | 18.85 | 0.0 | 0.0 | 11.99 | 0.0 | 7.25 | 2.08 | 0.0 | -20.91 | 23.88 | 7.42 | 7.66 | 37.95 | 4.55 | 5.48 | -1.94 | 6.73 | 6.73 | 21.94 | 8.88 | 9.15 | 0.01 | -1.3 | -52.83 |
| 21Q3 (8) | 18.84 | -5.75 | 11.74 | 3.15 | 0 | 0 | 0.22 | -15.38 | 4.76 | 0 | 0 | 0 | 23.85 | -8.41 | -9.21 | 2.21 | 63.7 | -19.64 | 16.79 | -11.16 | -18.02 | 17.54 | -8.92 | -25.28 | 15.62 | 1.17 | 54.5 | 0 | 0 | -100.0 | 3.85 | -15.38 | -19.12 | 0.28 | 0.0 | -3.45 | 18.85 | 0.0 | 0.0 | 11.99 | 7.25 | 7.25 | 2.08 | -20.91 | -20.91 | 22.23 | -11.72 | 7.39 | 36.3 | -6.9 | 5.19 | -2.08 | -8.9 | 29.49 | 20.15 | -13.41 | 13.52 | 0.01 | -49.65 | -51.75 |
| 21Q2 (7) | 19.99 | 13.19 | 3.52 | 0 | 0 | -100.0 | 0.26 | 4.0 | -39.53 | 0 | 0 | 0 | 26.04 | 19.94 | 16.2 | 1.35 | -18.18 | -44.67 | 18.9 | 0.91 | 9.06 | 19.26 | -2.83 | 0 | 15.44 | 8.05 | 58.68 | 0 | 0 | -100.0 | 4.55 | -1.52 | -13.5 | 0.28 | -3.45 | -6.67 | 18.85 | 0.0 | 0.0 | 11.18 | 0.0 | 0.0 | 2.63 | 0.0 | 0.0 | 25.18 | 5.67 | 40.28 | 38.99 | 3.61 | 22.76 | -1.91 | 4.5 | 37.38 | 23.27 | 6.6 | 56.17 | 0.02 | -3.09 | -26.28 |
| 21Q1 (6) | 17.66 | 1.96 | -20.88 | 0 | 0 | -100.0 | 0.25 | 8.7 | -40.48 | 0 | 0 | 0 | 21.71 | -9.92 | 23.56 | 1.65 | 7.14 | 9.27 | 18.73 | 2.46 | 44.97 | 19.82 | -2.03 | 0 | 14.29 | 15.99 | 40.1 | 0 | 0 | -100.0 | 4.62 | -1.28 | -13.81 | 0.29 | -3.33 | 3.57 | 18.85 | 0.0 | 0.0 | 11.18 | 0.0 | 7.92 | 2.63 | 0.0 | 63.35 | 23.83 | 7.44 | 6.81 | 37.63 | 4.59 | 9.8 | -2.0 | 3.85 | 37.69 | 21.83 | 8.61 | 14.29 | 0.02 | -2.05 | -22.23 |
| 20Q4 (5) | 17.32 | 2.73 | -22.99 | 0 | 0 | -100.0 | 0.23 | 9.52 | -41.03 | 0 | 0 | 0 | 24.1 | -8.26 | 14.93 | 1.54 | -44.0 | 7.69 | 18.28 | -10.74 | 21.46 | 20.23 | -13.83 | 0 | 12.32 | 21.86 | 31.06 | 0 | -100.0 | -100.0 | 4.68 | -1.68 | -14.6 | 0.3 | 3.45 | 3.45 | 18.85 | 0.0 | 0.0 | 11.18 | 0.0 | 7.92 | 2.63 | 0.0 | 63.35 | 22.18 | 7.15 | 6.94 | 35.98 | 4.26 | 10.0 | -2.08 | 29.49 | 20.91 | 20.1 | 13.24 | 10.99 | 0.02 | 0.94 | -21.96 |
| 20Q3 (4) | 16.86 | -12.69 | 0.0 | 0 | -100.0 | 0.0 | 0.21 | -51.16 | 0.0 | 0 | 0 | 0.0 | 26.27 | 17.22 | 0.0 | 2.75 | 12.7 | 0.0 | 20.48 | 18.18 | 0.0 | 23.48 | 0 | 0.0 | 10.11 | 3.91 | 0.0 | 0.03 | -25.0 | 0.0 | 4.76 | -9.51 | 0.0 | 0.29 | -3.33 | 0.0 | 18.85 | 0.0 | 0.0 | 11.18 | 0.0 | 0.0 | 2.63 | 0.0 | 0.0 | 20.7 | 15.32 | 0.0 | 34.51 | 8.66 | 0.0 | -2.95 | 3.28 | 0.0 | 17.75 | 19.13 | 0.0 | 0.02 | -23.06 | 0.0 |
