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) | 3.02 | 33.63 | 5.94 | 41.77 | 1.43 | -36.16 | 0 | 0 | 123.95 | 8.89 | 8.4 | 11.26 | 13.49 | 42.0 | 10.88 | 30.41 | 4.41 | 17.29 | 26.28 | 85.46 | 14.92 | -17.66 | 0.08 | 0.0 | 24.85 | 0.0 | 15.75 | 5.28 | 0 | 0 | 18.54 | 7.67 | 34.29 | 6.56 | -0.18 | 0 | 18.36 | 4.56 | 0.04 | 0.9 |
| 2022 (9) | 2.26 | -28.93 | 4.19 | 33.02 | 2.24 | 41.77 | 0 | 0 | 113.83 | 5.68 | 7.55 | 6.34 | 9.5 | -8.65 | 8.35 | -13.57 | 3.76 | -6.93 | 14.17 | 344.2 | 18.12 | -28.75 | 0.08 | 166.67 | 24.85 | 0.0 | 14.96 | 4.91 | 0 | 0 | 17.22 | 14.27 | 32.18 | 5.23 | 0.34 | -40.35 | 17.56 | 12.28 | 0.04 | -3.93 |
| 2021 (8) | 3.18 | -34.43 | 3.15 | -63.2 | 1.58 | 100.0 | 0 | 0 | 107.71 | 8.02 | 7.1 | -6.82 | 10.4 | -5.97 | 9.66 | -12.95 | 4.04 | 28.25 | 3.19 | 27.09 | 25.43 | -9.15 | 0.03 | 50.0 | 24.85 | 0.0 | 14.26 | 5.63 | 1.25 | 78.57 | 15.07 | 5.24 | 30.58 | 7.22 | 0.57 | 0 | 15.64 | 19.66 | 0.04 | -0.91 |
| 2020 (7) | 4.85 | 51.56 | 8.56 | -9.8 | 0.79 | 0 | 0 | 0 | 99.71 | 4.89 | 7.62 | -6.62 | 11.06 | 16.05 | 11.09 | 10.64 | 3.15 | 4.65 | 2.51 | 2.03 | 27.99 | 71.4 | 0.02 | 0 | 24.85 | 0.0 | 13.5 | 6.3 | 0.7 | 141.38 | 14.32 | 10.75 | 28.52 | 10.03 | -1.25 | 0 | 13.07 | 6.87 | 0.04 | 20.16 |
| 2019 (6) | 3.2 | 10.73 | 9.49 | -17.48 | 0 | 0 | 0 | 0 | 95.06 | 3.0 | 8.16 | -2.28 | 9.53 | -16.62 | 10.03 | -19.05 | 3.01 | 18.97 | 2.46 | -7.52 | 16.33 | 30.64 | 0 | 0 | 24.85 | 0.0 | 12.7 | 7.08 | 0.29 | 70.59 | 12.93 | 19.83 | 25.92 | 13.58 | -0.7 | 0 | 12.23 | 16.48 | 0.03 | 11.89 |
| 2018 (5) | 2.89 | 91.39 | 11.5 | 32.03 | 0.11 | 0.0 | 0 | 0 | 92.29 | 27.02 | 8.35 | 9.72 | 11.43 | 1.42 | 12.38 | -20.15 | 2.53 | -6.64 | 2.66 | 0.76 | 12.5 | 80.38 | 0 | 0 | 24.85 | 10.0 | 11.86 | 6.85 | 0.17 | 0 | 10.79 | 36.58 | 22.82 | 20.11 | -0.29 | 0 | 10.5 | 35.83 | 0.03 | -8.7 |
| 2017 (4) | 1.51 | -5.62 | 8.71 | -1.69 | 0.11 | 10.0 | 0 | 0 | 72.66 | 6.06 | 7.61 | 24.14 | 11.27 | 22.23 | 15.51 | 15.25 | 2.71 | 14.35 | 2.64 | 6.02 | 6.93 | 131.0 | 0 | 0 | 22.59 | 0.0 | 11.1 | 5.82 | 0 | 0 | 7.9 | 14.0 | 19.0 | 6.5 | -0.17 | 0 | 7.73 | 9.65 | 0.03 | 12.55 |
| 2016 (3) | 1.6 | -27.6 | 8.86 | 47.91 | 0.1 | 0.0 | 0 | 0 | 68.51 | -11.21 | 6.13 | -32.04 | 9.22 | 4.3 | 13.46 | 17.47 | 2.37 | -2.07 | 2.49 | 4.62 | 3.0 | -1.96 | 0 | 0 | 22.59 | 0.0 | 10.49 | 9.38 | 0.42 | 0 | 6.93 | -32.26 | 17.84 | -9.99 | 0.12 | 0 | 7.05 | -28.13 | 0.03 | 4.18 |
| 2015 (2) | 2.21 | 50.34 | 5.99 | 179.91 | 0.1 | -9.09 | 0 | 0 | 77.16 | 9.79 | 9.02 | -12.6 | 8.84 | -6.26 | 11.46 | -14.62 | 2.42 | 26.7 | 2.38 | -6.67 | 3.06 | -2.24 | 0 | 0 | 22.59 | 0.0 | 9.59 | 12.16 | 0 | 0 | 10.23 | -14.25 | 19.82 | -3.22 | -0.42 | 0 | 9.81 | -23.36 | 0.03 | -3.66 |
| 2014 (1) | 1.47 | 4.26 | 2.14 | 7.54 | 0.11 | 0 | 0 | 0 | 70.28 | 12.48 | 10.32 | 16.61 | 9.43 | 15.14 | 13.42 | 2.36 | 1.91 | 26.49 | 2.55 | -1.54 | 3.13 | 0 | 0 | 0 | 22.59 | 0.0 | 8.55 | 11.47 | 0 | 0 | 11.93 | 26.78 | 20.48 | 16.23 | 0.87 | 12.99 | 12.8 | 25.74 | 0.03 | 4.03 |
| 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) | 4.48 | -3.03 | 32.54 | 5.73 | 272.08 | 68.04 | 0.65 | -75.38 | -71.11 | 0 | 0 | 0 | 34.2 | 1.15 | 12.69 | 2.8 | -4.11 | 30.84 | 14.37 | -5.58 | 16.55 | 11.21 | -8.42 | 10.25 | 4.31 | -6.3 | 0.7 | 26.13 | 0.0 | 0.04 | 16.1 | 17.26 | -18.32 | 0.07 | 0.0 | -12.5 | 24.85 | 0.0 | 0.0 | 16.58 | 0.0 | 5.27 | 0.18 | 0.0 | 0 | 18.76 | 17.62 | 13.9 | 35.52 | 8.59 | 10.28 | -0.58 | 4.92 | -427.27 | 18.18 | 18.51 | 11.12 | 0.04 | -1.23 | -0.8 |
| 24Q2 (19) | 4.62 | 0.22 | -10.64 | 1.54 | -57.22 | -64.43 | 2.64 | 83.33 | 17.33 | 0 | 0 | 0 | 33.81 | 15.04 | 4.09 | 2.92 | -0.34 | 28.63 | 15.22 | 29.42 | 20.13 | 12.24 | 28.04 | 14.72 | 4.6 | 29.94 | 10.05 | 26.13 | -0.42 | 85.45 | 13.73 | 14.9 | -27.66 | 0.07 | -12.5 | -12.5 | 24.85 | 0.0 | 0.0 | 16.58 | 5.27 | 5.27 | 0.18 | 0 | 0 | 15.95 | -25.74 | 11.3 | 32.71 | -12.14 | 8.74 | -0.61 | -29.79 | -245.24 | 15.34 | -26.99 | 4.0 | 0.04 | 5.45 | -0.49 |
| 24Q1 (18) | 4.61 | 52.65 | 58.42 | 3.6 | -39.39 | -4.76 | 1.44 | 0.7 | -35.43 | 0 | 0 | 0 | 29.39 | -4.52 | -3.13 | 2.93 | 35.65 | 60.11 | 11.76 | -12.82 | -11.84 | 9.56 | -12.15 | -16.43 | 3.54 | -19.73 | -4.84 | 26.24 | -0.15 | 84.14 | 11.95 | -19.91 | -41.42 | 0.08 | 0.0 | 14.29 | 24.85 | 0.0 | 0.0 | 15.75 | 0.0 | 5.28 | 0 | 0 | 0 | 21.48 | 15.86 | 12.76 | 37.23 | 8.57 | 9.44 | -0.47 | -161.11 | -200.0 | 21.01 | 14.43 | 7.63 | 0.04 | -2.02 | 1.59 |
| 23Q4 (17) | 3.02 | -10.65 | 33.63 | 5.94 | 74.19 | 41.77 | 1.43 | -36.44 | -36.16 | 0 | 0 | 0 | 30.78 | 1.42 | 9.58 | 2.16 | 0.93 | 53.19 | 13.49 | 9.41 | 42.0 | 10.88 | 7.03 | 30.41 | 4.41 | 3.04 | 17.29 | 26.28 | 0.61 | 85.46 | 14.92 | -24.3 | -17.66 | 0.08 | 0.0 | 0.0 | 24.85 | 0.0 | 0.0 | 15.75 | 0.0 | 5.28 | 0 | 0 | 0 | 18.54 | 12.57 | 7.67 | 34.29 | 6.46 | 6.56 | -0.18 | -63.64 | -152.94 | 18.36 | 12.22 | 4.56 | 0.04 | -2.79 | 0.9 |
| 23Q3 (16) | 3.38 | -34.62 | 7.99 | 3.41 | -21.25 | 91.57 | 2.25 | 0.0 | 42.41 | 0 | 0 | 0 | 30.35 | -6.56 | 9.09 | 2.14 | -5.73 | 0.0 | 12.33 | -2.68 | 39.16 | 10.17 | -4.71 | 30.12 | 4.28 | 2.39 | 11.75 | 26.12 | 85.38 | 86.97 | 19.71 | 3.85 | -24.05 | 0.08 | 0.0 | 33.33 | 24.85 | 0.0 | 0.0 | 15.75 | 0.0 | 5.28 | 0 | 0 | 0 | 16.47 | 14.93 | 5.92 | 32.21 | 7.08 | 5.57 | -0.11 | -126.19 | -237.5 | 16.36 | 10.92 | 4.67 | 0.04 | -0.93 | -0.78 |
| 23Q2 (15) | 5.17 | 77.66 | 24.88 | 4.33 | 14.55 | -35.66 | 2.25 | 0.9 | 42.41 | 0 | 0 | 0 | 32.48 | 7.05 | 7.02 | 2.27 | 24.04 | 5.58 | 12.67 | -5.02 | 7.28 | 10.67 | -6.73 | 1.89 | 4.18 | 12.37 | 6.36 | 14.09 | -1.12 | 384.19 | 18.98 | -6.96 | -12.9 | 0.08 | 14.29 | 60.0 | 24.85 | 0.0 | 0.0 | 15.75 | 5.28 | 5.28 | 0 | 0 | 0 | 14.33 | -24.78 | 6.86 | 30.08 | -11.58 | 6.03 | 0.42 | -10.64 | 4100.0 | 14.75 | -24.44 | 9.91 | 0.04 | 7.66 | -1.46 |
| 23Q1 (14) | 2.91 | 28.76 | -3.32 | 3.78 | -9.79 | -17.11 | 2.23 | -0.45 | 41.14 | 0 | 0 | 0 | 30.34 | 8.01 | 10.05 | 1.83 | 29.79 | -1.61 | 13.34 | 40.42 | 19.21 | 11.44 | 37.09 | 11.82 | 3.72 | -1.06 | -2.36 | 14.25 | 0.56 | 329.22 | 20.4 | 12.58 | -5.25 | 0.07 | -12.5 | 133.33 | 24.85 | 0.0 | 0.0 | 14.96 | 0.0 | 4.91 | 0 | 0 | -100.0 | 19.05 | 10.63 | 12.52 | 34.02 | 5.72 | 4.87 | 0.47 | 38.24 | -62.1 | 19.52 | 11.16 | 7.43 | 0.03 | -2.69 | -5.03 |
| 22Q4 (13) | 2.26 | -27.8 | -28.93 | 4.19 | 135.39 | 33.02 | 2.24 | 41.77 | 41.77 | 0 | 0 | 0 | 28.09 | 0.97 | 1.63 | 1.41 | -34.11 | -21.67 | 9.5 | 7.22 | -8.65 | 8.35 | 6.8 | -13.56 | 3.76 | -1.83 | -6.93 | 14.17 | 1.43 | 344.2 | 18.12 | -30.17 | -28.75 | 0.08 | 33.33 | 166.67 | 24.85 | 0.0 | 0.0 | 14.96 | 0.0 | 4.91 | 0 | 0 | -100.0 | 17.22 | 10.74 | 14.27 | 32.18 | 5.47 | 5.23 | 0.34 | 325.0 | -40.35 | 17.56 | 12.35 | 12.28 | 0.04 | -4.4 | -3.93 |
| 22Q3 (12) | 3.13 | -24.4 | 9.82 | 1.78 | -73.55 | -81.67 | 1.58 | 0.0 | 0.0 | 0 | 0 | 0 | 27.82 | -8.34 | 2.28 | 2.14 | -0.47 | 32.1 | 8.86 | -24.98 | -28.61 | 7.81 | -25.39 | -32.98 | 3.83 | -2.54 | -14.32 | 13.97 | 380.07 | 339.31 | 25.95 | 19.09 | -4.74 | 0.06 | 20.0 | 200.0 | 24.85 | 0.0 | 0.0 | 14.96 | 0.0 | 4.91 | 0 | 0 | -100.0 | 15.55 | 15.96 | 16.39 | 30.51 | 7.54 | 5.68 | 0.08 | 700.0 | -88.73 | 15.63 | 16.47 | 11.09 | 0.04 | -1.61 | 0.03 |
| 22Q2 (11) | 4.14 | 37.54 | -14.29 | 6.73 | 47.59 | -7.55 | 1.58 | 0.0 | 0.0 | 0 | 0 | 0 | 30.35 | 10.08 | 12.57 | 2.15 | 15.59 | 25.0 | 11.81 | 5.54 | 12.58 | 10.47 | 2.37 | 3.07 | 3.93 | 3.15 | -2.48 | 2.91 | -12.35 | -9.63 | 21.79 | 1.21 | -19.53 | 0.05 | 66.67 | 150.0 | 24.85 | 0.0 | 0.0 | 14.96 | 4.91 | 4.91 | 0 | -100.0 | -100.0 | 13.41 | -20.79 | 14.32 | 28.37 | -12.55 | 4.15 | 0.01 | -99.19 | -99.08 | 13.42 | -26.14 | 4.68 | 0.04 | 3.77 | 1.26 |
| 22Q1 (10) | 3.01 | -5.35 | -43.95 | 4.56 | 44.76 | -43.0 | 1.58 | 0.0 | 100.0 | 0 | 0 | 0 | 27.57 | -0.25 | 6.37 | 1.86 | 3.33 | -5.58 | 11.19 | 7.6 | -9.32 | 10.23 | 5.97 | -16.23 | 3.81 | -5.69 | 24.92 | 3.32 | 4.08 | 16.08 | 21.53 | -15.34 | -22.39 | 0.03 | 0.0 | 50.0 | 24.85 | 0.0 | 0.0 | 14.26 | 0.0 | 5.63 | 1.25 | 0.0 | 78.57 | 16.93 | 12.34 | 3.93 | 32.44 | 6.08 | 6.4 | 1.24 | 117.54 | 219.23 | 18.17 | 16.18 | 19.15 | 0.04 | -1.57 | -0.03 |
| 21Q4 (9) | 3.18 | 11.58 | -34.43 | 3.15 | -67.56 | -63.2 | 1.58 | 0.0 | 100.0 | 0 | 0 | 0 | 27.64 | 1.62 | 4.86 | 1.8 | 11.11 | -7.69 | 10.4 | -16.2 | -5.97 | 9.65 | -17.19 | -12.96 | 4.04 | -9.62 | 28.25 | 3.19 | 0.31 | 27.09 | 25.43 | -6.64 | -9.15 | 0.03 | 50.0 | 50.0 | 24.85 | 0.0 | 0.0 | 14.26 | 0.0 | 5.63 | 1.25 | 0.0 | 78.57 | 15.07 | 12.8 | 5.24 | 30.58 | 5.92 | 7.22 | 0.57 | -19.72 | 145.6 | 15.64 | 11.16 | 19.66 | 0.04 | -0.46 | -0.91 |
| 21Q3 (8) | 2.85 | -40.99 | -50.26 | 9.71 | 33.38 | 22.6 | 1.58 | 0.0 | 0 | 0 | 0 | 0 | 27.2 | 0.89 | 13.38 | 1.62 | -5.81 | -22.86 | 12.41 | 18.3 | 43.8 | 11.66 | 14.74 | 32.84 | 4.47 | 10.92 | 40.13 | 3.18 | -1.24 | 28.74 | 27.24 | 0.59 | 42.39 | 0.02 | 0.0 | 0 | 24.85 | 0.0 | 0.0 | 14.26 | 0.0 | 5.63 | 1.25 | 0.0 | 78.57 | 13.36 | 13.9 | 7.66 | 28.87 | 5.98 | 8.49 | 0.71 | -34.86 | 142.77 | 14.07 | 9.75 | 30.88 | 0.04 | -0.4 | -2.81 |
| 21Q2 (7) | 4.83 | -10.06 | -20.43 | 7.28 | -9.0 | -7.14 | 1.58 | 100.0 | 0 | 0 | 0 | 0 | 26.96 | 4.01 | 8.84 | 1.72 | -12.69 | -15.27 | 10.49 | -14.99 | 14.15 | 10.16 | -16.8 | 0 | 4.03 | 32.13 | 24.77 | 3.22 | 12.59 | 28.29 | 27.08 | -2.38 | 52.74 | 0.02 | 0.0 | 0 | 24.85 | 0.0 | 0.0 | 14.26 | 5.63 | 5.63 | 1.25 | 78.57 | 78.57 | 11.73 | -27.99 | 13.77 | 27.24 | -10.66 | 11.14 | 1.09 | 204.81 | 172.67 | 12.82 | -15.93 | 45.52 | 0.04 | 2.45 | -5.51 |
| 21Q1 (6) | 5.37 | 10.72 | -19.0 | 8.0 | -6.54 | 0.0 | 0.79 | 0.0 | 0 | 0 | 0 | 0 | 25.92 | -1.67 | 5.41 | 1.97 | 1.03 | 27.92 | 12.34 | 11.57 | 34.86 | 12.21 | 10.1 | 0 | 3.05 | -3.17 | -4.09 | 2.86 | 13.94 | 15.79 | 27.74 | -0.89 | 49.7 | 0.02 | 0.0 | 0 | 24.85 | 0.0 | 0.0 | 13.5 | 0.0 | 6.3 | 0.7 | 0.0 | 141.38 | 16.29 | 13.76 | 12.58 | 30.49 | 6.91 | 11.07 | -1.04 | 16.8 | 37.35 | 15.25 | 16.68 | 19.05 | 0.04 | -2.43 | -5.45 |
| 20Q4 (5) | 4.85 | -15.36 | 51.56 | 8.56 | 8.08 | -9.8 | 0.79 | 0 | 0 | 0 | 0 | 0 | 26.36 | 9.88 | 5.52 | 1.95 | -7.14 | 10.8 | 11.06 | 28.16 | 16.05 | 11.09 | 26.38 | 0 | 3.15 | -1.25 | 4.65 | 2.51 | 1.62 | 2.03 | 27.99 | 46.31 | 71.4 | 0.02 | 0 | 0 | 24.85 | 0.0 | 0.0 | 13.5 | 0.0 | 6.3 | 0.7 | 0.0 | 141.38 | 14.32 | 15.39 | 10.75 | 28.52 | 7.18 | 10.03 | -1.25 | 24.7 | -78.57 | 13.07 | 21.58 | 6.87 | 0.04 | -2.37 | 20.16 |
| 20Q3 (4) | 5.73 | -5.6 | 0.0 | 7.92 | 1.02 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 23.99 | -3.15 | 0.0 | 2.1 | 3.45 | 0.0 | 8.63 | -6.09 | 0.0 | 8.78 | 0 | 0.0 | 3.19 | -1.24 | 0.0 | 2.47 | -1.59 | 0.0 | 19.13 | 7.9 | 0.0 | 0 | 0 | 0.0 | 24.85 | 0.0 | 0.0 | 13.5 | 0.0 | 0.0 | 0.7 | 0.0 | 0.0 | 12.41 | 20.37 | 0.0 | 26.61 | 8.57 | 0.0 | -1.66 | -10.67 | 0.0 | 10.75 | 22.02 | 0.0 | 0.04 | -3.18 | 0.0 |
