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) | 29.64 | 30.52 | 22.94 | 29.09 | 2.0 | -39.39 | 0 | 0 | 183.14 | -9.39 | 6.05 | 0 | 21.31 | -16.95 | 11.64 | -8.35 | 36.66 | -23.43 | 0.36 | 89.47 | 11.0 | -60.85 | 7.71 | 5.18 | 40.91 | 14.11 | 2.01 | -77.47 | 6.79 | -24.72 | 5.91 | 0 | 14.71 | 67.16 | -6.5 | 0 | -0.59 | 0 | 0.00 | 0 |
| 2022 (9) | 22.71 | -0.44 | 17.77 | -17.69 | 3.3 | -36.54 | 0 | 0 | 202.11 | 3.69 | -8.89 | 0 | 25.66 | -10.87 | 12.70 | -14.05 | 47.88 | 11.63 | 0.19 | -5.0 | 28.1 | 64.33 | 7.33 | 2.66 | 35.85 | 0.08 | 8.92 | 0.56 | 9.02 | 5.74 | -9.15 | 0 | 8.8 | -50.97 | -6.79 | 0 | -15.94 | 0 | 0.00 | 0 |
| 2021 (8) | 22.81 | -36.14 | 21.59 | 44.61 | 5.2 | 17.65 | 0 | 0 | 194.91 | 16.19 | 0.13 | -95.47 | 28.79 | -4.16 | 14.77 | -17.52 | 42.89 | 25.48 | 0.2 | 0.0 | 17.1 | -24.37 | 7.14 | -5.68 | 35.82 | 0.0 | 8.87 | 3.02 | 8.53 | 17.17 | 0.55 | -78.93 | 17.95 | -2.97 | -10.82 | 0 | -10.27 | 0 | 0.00 | 0 |
| 2020 (7) | 35.72 | 10.28 | 14.93 | -4.36 | 4.42 | 234.85 | 0 | 0 | 167.75 | -1.46 | 2.87 | -14.33 | 30.04 | 31.29 | 17.91 | 33.23 | 34.18 | 12.07 | 0.2 | -9.09 | 22.61 | -8.46 | 7.57 | -1.05 | 35.82 | 0.45 | 8.61 | 3.73 | 7.28 | 39.2 | 2.61 | -32.73 | 18.5 | 6.26 | -8.53 | 0 | -5.92 | 0 | 0.00 | 0 |
| 2019 (6) | 32.39 | 4.42 | 15.61 | 21.95 | 1.32 | 116.39 | 0 | 0 | 170.23 | -4.79 | 3.35 | -45.79 | 22.88 | -12.71 | 13.44 | -8.32 | 30.5 | -8.22 | 0.22 | -4.35 | 24.7 | 73.21 | 7.65 | -7.05 | 35.66 | -3.15 | 8.3 | 7.93 | 5.23 | 11.04 | 3.88 | -40.94 | 17.41 | -8.18 | -7.28 | 0 | -3.4 | 0 | 0.00 | 0 |
| 2018 (5) | 31.02 | 0.42 | 12.8 | -5.74 | 0.61 | -84.4 | 0 | 0 | 178.79 | -0.17 | 6.18 | -11.46 | 26.21 | -13.87 | 14.66 | -13.72 | 33.23 | 8.38 | 0.23 | -36.11 | 14.26 | 21.16 | 8.23 | -3.52 | 36.82 | 0.16 | 7.69 | 10.01 | 4.71 | 64.69 | 6.57 | -18.59 | 18.96 | 5.8 | -5.26 | 0 | 1.31 | -61.01 | 0.01 | 3.42 |
| 2017 (4) | 30.89 | -6.14 | 13.58 | 27.15 | 3.91 | -14.07 | 0 | 0 | 179.1 | -7.22 | 6.98 | 0 | 30.43 | 4.39 | 16.99 | 12.52 | 30.66 | -2.67 | 0.36 | -5.26 | 11.77 | -24.89 | 8.53 | -3.4 | 36.76 | 3.46 | 6.99 | 0.0 | 2.86 | 0 | 8.07 | 13.66 | 17.92 | 27.18 | -4.71 | 0 | 3.36 | -20.75 | 0.01 | -14.09 |
| 2016 (3) | 32.91 | 11.07 | 10.68 | -30.42 | 4.55 | 285.59 | 0 | 0 | 193.04 | -3.24 | -4.63 | 0 | 29.15 | -21.07 | 15.10 | -18.43 | 31.5 | -22.79 | 0.38 | -13.64 | 15.67 | -29.38 | 8.83 | -54.69 | 35.53 | 0.28 | 6.99 | 7.87 | 0 | 0 | 7.1 | -59.64 | 14.09 | -41.49 | -2.86 | 0 | 4.24 | -79.78 | 0.01 | 2.98 |
| 2015 (2) | 29.63 | 15.29 | 15.35 | -15.24 | 1.18 | 26.88 | 0 | 0 | 199.5 | -0.19 | 5.03 | 226.62 | 36.93 | 2.53 | 18.51 | 2.72 | 40.8 | -6.44 | 0.44 | -6.38 | 22.19 | -6.65 | 19.49 | -4.51 | 35.43 | 0.0 | 6.48 | 2.37 | 0 | 0 | 17.59 | 19.01 | 24.08 | 14.07 | 3.38 | 45.69 | 20.97 | 22.63 | 0.01 | -2.76 |
| 2014 (1) | 25.7 | 5.41 | 18.11 | 91.24 | 0.93 | -93.71 | 0 | 0 | 199.88 | 6.24 | 1.54 | -91.99 | 36.02 | 1.69 | 18.02 | -4.28 | 43.61 | 12.48 | 0.47 | -7.84 | 23.77 | 51.98 | 20.41 | -4.54 | 35.43 | 9.35 | 6.33 | 20.11 | 0 | 0 | 14.78 | 39.7 | 21.11 | -7.37 | 2.32 | 268.25 | 17.1 | 52.54 | 0.01 | -6.04 |
| 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) | 34.68 | 4.52 | 34.0 | 29.57 | 9.76 | 39.35 | 2.0 | 0.0 | -33.33 | 0 | 0 | 0 | 45.57 | -6.6 | -5.04 | 0.04 | -98.2 | -97.86 | 24.99 | -11.1 | -9.13 | 13.83 | -9.91 | -4.61 | 37.89 | 2.27 | -0.05 | 0.17 | 0.0 | -68.52 | 7.0 | 0.0 | -41.67 | 8.24 | 2.62 | 6.74 | 40.96 | 0.02 | 0.29 | 2.6 | 0.0 | 29.35 | 6.5 | 0.0 | -4.27 | 4.18 | 0.72 | 5.56 | 13.28 | 0.23 | 4.08 | -1.13 | 34.68 | 72.77 | 3.05 | 26.03 | 1705.26 | 0.00 | 0 | 0 |
| 24Q2 (19) | 33.18 | 13.51 | 35.21 | 26.94 | 16.37 | 19.79 | 2.0 | 0.0 | -49.11 | 0 | 0 | 0 | 48.79 | 12.89 | 4.12 | 2.22 | 80.49 | 32.93 | 28.11 | 13.07 | 11.81 | 15.35 | 11.88 | 15.99 | 37.05 | 1.31 | -12.86 | 0.17 | -52.78 | -5.56 | 7.0 | -36.36 | -50.35 | 8.03 | 1.77 | 4.69 | 40.95 | 0.0 | 0.27 | 2.6 | 29.35 | 29.35 | 6.5 | -4.27 | -4.27 | 4.15 | -41.88 | 98.56 | 13.25 | -16.88 | 21.67 | -1.73 | 51.54 | 73.43 | 2.42 | -32.21 | 154.75 | 0.00 | 0 | 0 |
| 24Q1 (18) | 29.23 | -1.38 | 22.92 | 23.15 | 0.92 | 19.08 | 2.0 | 0.0 | -49.11 | 0 | 0 | 0 | 43.22 | 0.35 | -4.44 | 1.23 | -41.15 | 186.05 | 24.86 | 16.66 | 6.19 | 13.72 | 17.95 | 14.4 | 36.57 | -0.25 | -19.34 | 0.36 | 0.0 | 89.47 | 11.0 | 0.0 | -38.55 | 7.89 | 2.33 | 6.62 | 40.95 | 0.1 | 0.27 | 2.01 | 0.0 | -77.47 | 6.79 | 0.0 | -24.72 | 7.14 | 20.81 | 181.88 | 15.94 | 8.36 | 72.7 | -3.57 | 45.08 | 45.74 | 3.57 | 705.08 | 123.33 | 0.00 | 0 | 0 |
| 23Q4 (17) | 29.64 | 14.53 | 30.52 | 22.94 | 8.11 | 29.09 | 2.0 | -33.33 | -39.39 | 0 | 0 | 0 | 43.07 | -10.25 | -13.08 | 2.09 | 11.76 | 102.91 | 21.31 | -22.51 | -16.95 | 11.64 | -19.77 | -8.35 | 36.66 | -3.3 | -23.43 | 0.36 | -33.33 | 89.47 | 11.0 | -8.33 | -60.85 | 7.71 | -0.13 | 5.18 | 40.91 | 0.17 | 14.11 | 2.01 | 0.0 | -77.47 | 6.79 | 0.0 | -24.72 | 5.91 | 49.24 | 164.59 | 14.71 | 15.28 | 67.16 | -6.5 | -56.63 | 4.27 | -0.59 | -210.53 | 96.3 | 0.00 | 0 | 0 |
| 23Q3 (16) | 25.88 | 5.46 | 20.26 | 21.22 | -5.65 | -5.56 | 3.0 | -23.66 | -9.09 | 0 | 0 | 0 | 47.99 | 2.41 | -0.58 | 1.87 | 11.98 | 98.94 | 27.5 | 9.39 | -1.22 | 14.50 | 9.55 | 4.15 | 37.91 | -10.84 | -24.13 | 0.54 | 200.0 | 170.0 | 12.0 | -14.89 | -34.07 | 7.72 | 0.65 | 12.54 | 40.84 | 0.0 | 14.01 | 2.01 | 0.0 | -77.47 | 6.79 | 0.0 | -24.72 | 3.96 | 89.47 | 139.92 | 12.76 | 17.17 | 58.9 | -4.15 | 36.25 | 27.7 | -0.19 | 95.7 | 98.79 | 0.00 | 0 | 0 |
| 23Q2 (15) | 24.54 | 3.2 | -6.19 | 22.49 | 15.69 | -19.94 | 3.93 | 0.0 | 70.87 | 0 | 0 | 0 | 46.86 | 3.6 | -10.02 | 1.67 | 288.37 | 116.31 | 25.14 | 7.39 | -17.98 | 13.24 | 10.34 | -13.39 | 42.52 | -6.22 | -6.1 | 0.18 | -5.26 | -10.0 | 14.1 | -21.23 | -27.32 | 7.67 | 3.65 | 10.04 | 40.84 | 0.0 | 14.01 | 2.01 | -77.47 | -77.47 | 6.79 | -24.72 | -24.72 | 2.09 | 123.97 | 119.24 | 10.89 | 17.98 | 53.6 | -6.51 | 1.06 | 19.03 | -4.42 | 71.11 | 76.61 | 0.00 | 0 | 0 |
| 23Q1 (14) | 23.78 | 4.71 | 8.39 | 19.44 | 9.4 | -16.96 | 3.93 | 19.09 | -1.75 | 0 | 0 | 0 | 45.23 | -8.72 | -13.39 | 0.43 | -58.25 | 170.49 | 23.41 | -8.77 | -24.99 | 12.00 | -5.5 | -24.23 | 45.34 | -5.3 | 6.06 | 0.19 | 0.0 | -5.0 | 17.9 | -36.3 | -1.65 | 7.4 | 0.95 | 2.49 | 40.84 | 13.92 | 14.01 | 8.92 | 0.0 | 0.56 | 9.02 | 0.0 | 5.74 | -8.72 | 4.7 | -14433.33 | 9.23 | 4.89 | -46.74 | -6.58 | 3.09 | 17.02 | -15.3 | 4.02 | -91.49 | 0.00 | 0 | 0 |
| 22Q4 (13) | 22.71 | 5.53 | -0.44 | 17.77 | -20.92 | -17.69 | 3.3 | 0.0 | -36.54 | 0 | 0 | 0 | 49.55 | 2.65 | 4.6 | 1.03 | 9.57 | 184.43 | 25.66 | -7.83 | -10.87 | 12.70 | -8.82 | -14.05 | 47.88 | -4.18 | 11.63 | 0.19 | -5.0 | -5.0 | 28.1 | 54.4 | 64.33 | 7.33 | 6.85 | 2.66 | 35.85 | 0.08 | 0.08 | 8.92 | 0.0 | 0.56 | 9.02 | 0.0 | 5.74 | -9.15 | 7.76 | -1763.64 | 8.8 | 9.59 | -50.97 | -6.79 | -18.29 | 37.25 | -15.94 | -1.79 | -55.21 | 0.00 | 0 | 0 |
| 22Q3 (12) | 21.52 | -17.74 | -9.88 | 22.47 | -20.01 | 13.54 | 3.3 | 43.48 | -37.74 | 0 | 0 | 0 | 48.27 | -7.32 | -1.21 | 0.94 | 109.18 | 0 | 27.84 | -9.17 | -7.51 | 13.92 | -8.9 | -9.59 | 49.97 | 10.36 | 25.43 | 0.2 | 0.0 | 5.26 | 18.2 | -6.19 | 6.43 | 6.86 | -1.58 | -4.99 | 35.82 | 0.0 | 0.0 | 8.92 | 0.0 | 0.56 | 9.02 | 0.0 | 5.74 | -9.92 | 8.66 | -840.3 | 8.03 | 13.26 | -57.15 | -5.74 | 28.61 | 47.29 | -15.66 | 17.14 | -63.98 | 0.00 | 0 | 0 |
| 22Q2 (11) | 26.16 | 19.23 | -14.29 | 28.09 | 19.99 | 57.81 | 2.3 | -42.5 | -57.49 | 0 | 0 | 0 | 52.08 | -0.27 | 7.03 | -10.24 | -1578.69 | -1396.2 | 30.65 | -1.79 | 4.86 | 15.28 | -3.47 | 1.76 | 45.28 | 5.92 | 26.73 | 0.2 | 0.0 | 0.0 | 19.4 | 6.59 | 13.45 | 6.97 | -3.46 | -5.56 | 35.82 | 0.0 | 0.0 | 8.92 | 0.56 | 3.6 | 9.02 | 5.74 | 23.9 | -10.86 | -18000.0 | -374.94 | 7.09 | -59.09 | -64.26 | -8.04 | -1.39 | 22.54 | -18.9 | -136.55 | -193.93 | 0.00 | 0 | 0 |
| 22Q1 (10) | 21.94 | -3.81 | -16.55 | 23.41 | 8.43 | 65.32 | 4.0 | -23.08 | -38.65 | 0 | 0 | 0 | 52.22 | 10.24 | 4.4 | -0.61 | 50.0 | -210.91 | 31.21 | 8.41 | -4.5 | 15.83 | 7.2 | -12.78 | 42.75 | -0.33 | 28.84 | 0.2 | 0.0 | -4.76 | 18.2 | 6.43 | 6.43 | 7.22 | 1.12 | -4.24 | 35.82 | 0.0 | 0.0 | 8.87 | 0.0 | 3.02 | 8.53 | 0.0 | 17.17 | -0.06 | -110.91 | -101.9 | 17.33 | -3.45 | -9.03 | -7.93 | 26.71 | 11.1 | -7.99 | 22.2 | -38.72 | 0.00 | 0 | 0 |
| 21Q4 (9) | 22.81 | -4.48 | -36.14 | 21.59 | 9.1 | 44.61 | 5.2 | -1.89 | 17.65 | 0 | 0 | 0 | 47.37 | -3.05 | -1.13 | -1.22 | 0 | -173.49 | 28.79 | -4.35 | -4.16 | 14.77 | -4.09 | -17.52 | 42.89 | 7.66 | 25.48 | 0.2 | 5.26 | 0.0 | 17.1 | 0.0 | -24.37 | 7.14 | -1.11 | -5.68 | 35.82 | 0.0 | 0.0 | 8.87 | 0.0 | 3.02 | 8.53 | 0.0 | 17.17 | 0.55 | -58.96 | -78.93 | 17.95 | -4.22 | -2.97 | -10.82 | 0.64 | -26.85 | -10.27 | -7.54 | -73.48 | 0.00 | 0 | 0 |
| 21Q3 (8) | 23.88 | -21.76 | -32.12 | 19.79 | 11.18 | 17.52 | 5.3 | -2.03 | 20.45 | 0 | 0 | 0 | 48.86 | 0.41 | 1.77 | 0 | -100.0 | -100.0 | 30.1 | 2.98 | -2.81 | 15.40 | 2.53 | -20.33 | 39.84 | 11.5 | 40.83 | 0.19 | -5.0 | -5.0 | 17.1 | 0.0 | -17.39 | 7.22 | -2.17 | 0.14 | 35.82 | 0.0 | 0.14 | 8.87 | 3.02 | 3.02 | 8.53 | 17.17 | 17.17 | 1.34 | -66.08 | 8.94 | 18.74 | -5.54 | 9.4 | -10.89 | -4.91 | -9.78 | -9.55 | -48.52 | -9.9 | 0.00 | 0 | 0 |
| 21Q2 (7) | 30.52 | 16.09 | -3.45 | 17.8 | 25.71 | 4.64 | 5.41 | -17.02 | 64.44 | 0 | 0 | 0 | 48.66 | -2.72 | 42.82 | 0.79 | 43.64 | 229.17 | 29.23 | -10.56 | 19.99 | 15.02 | -17.26 | 0 | 35.73 | 7.69 | 28.71 | 0.2 | -4.76 | 0.0 | 17.1 | 0.0 | -23.28 | 7.38 | -2.12 | 2.79 | 35.82 | 0.0 | 0.39 | 8.61 | 0.0 | 0.0 | 7.28 | 0.0 | 0.0 | 3.95 | 25.0 | 940.43 | 19.84 | 4.15 | 28.66 | -10.38 | -16.37 | -4.85 | -6.43 | -11.63 | 37.99 | 0.00 | 0 | 0 |
| 21Q1 (6) | 26.29 | -26.4 | -14.0 | 14.16 | -5.16 | -1.87 | 6.52 | 47.51 | 401.54 | 0 | 0 | 0 | 50.02 | 4.4 | 32.47 | 0.55 | -66.87 | 175.34 | 32.68 | 8.79 | 44.92 | 18.15 | 1.38 | 0 | 33.18 | -2.93 | 19.52 | 0.21 | 5.0 | 0.0 | 17.1 | -24.37 | -27.54 | 7.54 | -0.4 | 3.71 | 35.82 | 0.0 | 0.39 | 8.61 | 0.0 | 3.73 | 7.28 | 0.0 | 39.2 | 3.16 | 21.07 | 0.32 | 19.05 | 2.97 | 14.21 | -8.92 | -4.57 | -6.7 | -5.76 | 2.7 | -10.56 | 0.00 | 0 | 0 |
| 20Q4 (5) | 35.72 | 1.53 | 10.28 | 14.93 | -11.34 | -4.36 | 4.42 | 0.45 | 234.85 | 0 | 0 | 0 | 47.91 | -0.21 | 18.65 | 1.66 | -2.35 | 237.19 | 30.04 | -3.0 | 31.29 | 17.91 | -7.36 | 0 | 34.18 | 20.82 | 12.07 | 0.2 | 0.0 | -9.09 | 22.61 | 9.23 | -8.46 | 7.57 | 4.99 | -1.05 | 35.82 | 0.14 | 0.45 | 8.61 | 0.0 | 3.73 | 7.28 | 0.0 | 39.2 | 2.61 | 112.2 | -32.73 | 18.5 | 8.0 | 6.26 | -8.53 | 14.01 | -17.17 | -5.92 | 31.88 | -74.12 | 0.00 | 0 | 0 |
| 20Q3 (4) | 35.18 | 11.29 | 0.0 | 16.84 | -1.0 | 0.0 | 4.4 | 33.74 | 0.0 | 0 | 0 | 0.0 | 48.01 | 40.92 | 0.0 | 1.7 | 608.33 | 0.0 | 30.97 | 27.13 | 0.0 | 19.33 | 0 | 0.0 | 28.29 | 1.91 | 0.0 | 0.2 | 0.0 | 0.0 | 20.7 | -7.13 | 0.0 | 7.21 | 0.42 | 0.0 | 35.77 | 0.25 | 0.0 | 8.61 | 0.0 | 0.0 | 7.28 | 0.0 | 0.0 | 1.23 | 361.7 | 0.0 | 17.13 | 11.09 | 0.0 | -9.92 | -0.2 | 0.0 | -8.69 | 16.2 | 0.0 | 0.00 | 0 | 0.0 |
