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) | 14.64 | 2.31 | 1.9 | -5.0 | 0.87 | 0.0 | 0 | 0 | 52.08 | 7.38 | 4.32 | 4.85 | 10.14 | -9.55 | 19.47 | -15.76 | 10.41 | -3.07 | 0.81 | 0.0 | 0.27 | -76.32 | 0.12 | -14.29 | 7.49 | 0.0 | 6.48 | 6.75 | 0.8 | -56.52 | 21.56 | 12.88 | 28.84 | 6.74 | -0.31 | 0 | 21.25 | 16.12 | 0.00 | 0 |
| 2022 (9) | 14.31 | 15.59 | 2.0 | -8.68 | 0.87 | 1.16 | 0 | 0 | 48.5 | 1.61 | 4.12 | 3.26 | 11.21 | 26.1 | 23.11 | 24.09 | 10.74 | -9.75 | 0.81 | 0.0 | 1.14 | -41.54 | 0.14 | -26.32 | 7.49 | 0.0 | 6.07 | 7.05 | 1.84 | 32.37 | 19.1 | 4.09 | 27.02 | 6.34 | -0.8 | 0 | 18.3 | 10.84 | 0.00 | 0 |
| 2021 (8) | 12.38 | -0.4 | 2.19 | -0.45 | 0.86 | -23.89 | 0 | 0 | 47.73 | 2.98 | 3.99 | -20.36 | 8.89 | -16.68 | 18.63 | -19.09 | 11.9 | 18.06 | 0.81 | 1925.0 | 1.95 | -10.96 | 0.19 | -26.92 | 7.49 | 0.0 | 5.67 | 9.88 | 1.39 | 18.8 | 18.35 | -1.08 | 25.41 | 2.17 | -1.84 | 0 | 16.51 | -3.79 | 0.00 | 0 |
| 2020 (7) | 12.43 | 37.05 | 2.2 | -45.0 | 1.13 | 1.8 | 0 | 0 | 46.35 | -20.43 | 5.01 | -11.17 | 10.67 | -9.65 | 23.02 | 13.54 | 10.08 | -8.03 | 0.04 | -20.0 | 2.19 | -34.23 | 0.26 | -25.71 | 7.49 | 0.0 | 5.16 | 12.42 | 1.17 | 42.68 | 18.55 | 9.38 | 24.87 | 11.18 | -1.39 | 0 | 17.16 | 8.68 | 0.00 | 0 |
| 2019 (6) | 9.07 | 23.57 | 4.0 | -27.27 | 1.11 | -26.0 | 0 | 0 | 58.25 | -4.82 | 5.64 | -2.25 | 11.81 | -23.95 | 20.27 | -20.1 | 10.96 | -9.5 | 0.05 | 0 | 3.33 | -27.61 | 0.35 | -27.08 | 7.49 | 0.0 | 4.59 | 14.18 | 0.82 | 34.43 | 16.96 | 10.92 | 22.37 | 12.36 | -1.17 | 0 | 15.79 | 9.12 | 0.00 | 0 |
| 2018 (5) | 7.34 | -16.59 | 5.5 | 243.75 | 1.5 | 0.0 | 0 | 0 | 61.2 | 11.94 | 5.77 | -12.84 | 15.53 | 16.42 | 25.38 | 4.0 | 12.11 | 16.22 | 0 | 0 | 4.6 | -50.91 | 0.48 | -12.73 | 7.49 | 0.0 | 4.02 | 20.0 | 0.61 | 19.61 | 15.29 | 6.92 | 19.91 | 9.58 | -0.82 | 0 | 14.47 | 5.7 | 0.00 | 0 |
| 2017 (4) | 8.8 | -2.0 | 1.6 | 100.0 | 1.5 | 275.0 | 0 | 0 | 54.67 | 20.45 | 6.62 | -10.9 | 13.34 | 14.8 | 24.40 | -4.69 | 10.42 | 39.3 | 0.02 | -33.33 | 9.37 | 9.85 | 0.55 | 12.24 | 7.49 | 0.0 | 3.35 | 28.35 | 0.51 | 88.89 | 14.3 | 8.25 | 18.17 | 12.93 | -0.61 | 0 | 13.69 | 7.8 | 0.00 | 0 |
| 2016 (3) | 8.98 | 20.54 | 0.8 | 142.42 | 0.4 | 185.71 | 0 | 0 | 45.39 | 21.79 | 7.43 | 13.09 | 11.62 | 18.69 | 25.60 | -2.54 | 7.48 | 25.93 | 0.03 | 0 | 8.53 | 11.5 | 0.49 | 8.89 | 7.49 | 0.0 | 2.61 | 33.85 | 0.27 | 0.0 | 13.21 | 25.09 | 16.09 | 25.9 | -0.51 | 0 | 12.7 | 17.27 | 0.00 | 0 |
| 2015 (2) | 7.45 | 7.5 | 0.33 | -74.62 | 0.14 | 0.0 | 0 | 0 | 37.27 | 19.84 | 6.57 | 12.31 | 9.79 | 24.71 | 26.27 | 4.07 | 5.94 | 14.89 | 0 | 0 | 7.65 | 18.42 | 0.45 | 25.0 | 7.49 | 0.0 | 1.95 | 42.34 | 0.27 | 0.0 | 10.56 | 21.8 | 12.78 | 23.96 | 0.27 | -27.03 | 10.83 | 19.8 | 0.00 | 0 |
| 2014 (1) | 6.93 | 11.95 | 1.3 | -7.14 | 0.14 | -75.0 | 0 | 0 | 31.1 | 15.61 | 5.85 | 11.01 | 7.85 | 56.69 | 25.24 | 35.53 | 5.17 | 10.71 | 0 | 0 | 6.46 | 96.95 | 0.36 | 44.0 | 7.49 | 0.0 | 1.37 | 63.1 | 0.27 | 0.0 | 8.67 | 21.77 | 10.31 | 25.27 | 0.37 | 270.0 | 9.04 | 25.21 | 0.00 | 0 |
| 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) | 10.64 | -17.65 | -35.32 | 3.1 | 210.0 | -11.43 | 0.36 | -33.33 | -59.09 | 0 | 0 | 0 | 13.59 | 1.87 | 3.03 | 0.57 | -21.92 | -50.0 | 9.91 | -5.08 | -4.89 | 18.45 | -5.78 | -8.24 | 11.86 | 12.84 | 13.06 | 0.81 | 0.0 | 0.0 | 0.13 | -31.58 | -74.51 | 0.12 | 0.0 | 0.0 | 7.49 | 0.0 | 0.0 | 6.91 | 0.0 | 6.64 | 0.31 | 0.0 | -61.25 | 21.3 | 2.75 | 3.9 | 28.52 | 2.04 | 2.66 | -0.19 | -416.67 | -246.15 | 21.11 | 1.54 | 2.33 | 0.00 | 0 | 0 |
| 24Q2 (19) | 12.92 | 4.11 | -14.83 | 1.0 | -28.57 | -50.0 | 0.54 | -23.94 | -38.64 | 0 | 0 | 0 | 13.34 | 10.16 | 11.54 | 0.73 | -20.65 | -32.41 | 10.44 | 15.74 | 20.14 | 19.59 | 12.75 | 15.7 | 10.51 | 3.14 | 3.96 | 0.81 | 0.0 | 0.0 | 0.19 | -17.39 | -73.24 | 0.12 | 0.0 | -7.69 | 7.49 | 0.0 | 0.0 | 6.91 | 6.64 | 6.64 | 0.31 | -61.25 | -61.25 | 20.73 | 3.96 | 7.08 | 27.95 | 2.68 | 4.92 | 0.06 | -81.25 | 115.79 | 20.79 | 2.62 | 9.54 | 0.00 | 0 | 0 |
| 24Q1 (18) | 12.41 | -15.23 | -3.72 | 1.4 | -26.32 | -30.0 | 0.71 | -18.39 | -18.39 | 0 | 0 | 0 | 12.11 | -17.39 | -1.22 | 0.92 | -15.6 | -8.91 | 9.02 | -11.05 | -14.58 | 17.37 | -10.79 | -18.83 | 10.19 | -2.11 | -1.83 | 0.81 | 0.0 | 0.0 | 0.23 | -14.81 | -75.0 | 0.12 | 0.0 | -7.69 | 7.49 | 0.0 | 0.0 | 6.48 | 0.0 | 6.75 | 0.8 | 0.0 | -56.52 | 19.94 | -7.51 | 13.04 | 27.22 | -5.62 | 6.49 | 0.32 | 203.23 | 176.19 | 20.26 | -4.66 | 17.65 | 0.00 | 0 | 0 |
| 23Q4 (17) | 14.64 | -11.0 | 2.31 | 1.9 | -45.71 | -5.0 | 0.87 | -1.14 | 0.0 | 0 | 0 | 0 | 14.66 | 11.14 | 1.81 | 1.09 | -4.39 | -20.44 | 10.14 | -2.69 | -9.55 | 19.47 | -3.17 | -15.75 | 10.41 | -0.76 | -3.07 | 0.81 | 0.0 | 0.0 | 0.27 | -47.06 | -76.32 | 0.12 | 0.0 | -14.29 | 7.49 | 0.0 | 0.0 | 6.48 | 0.0 | 6.75 | 0.8 | 0.0 | -56.52 | 21.56 | 5.17 | 12.88 | 28.84 | 3.82 | 6.74 | -0.31 | -338.46 | 61.25 | 21.25 | 3.01 | 16.12 | 0.00 | 0 | 0 |
| 23Q3 (16) | 16.45 | 8.44 | 20.69 | 3.5 | 75.0 | 75.0 | 0.88 | 0.0 | 0.0 | 0 | 0 | 0 | 13.19 | 10.28 | 3.78 | 1.14 | 5.56 | -14.29 | 10.42 | 19.91 | -1.61 | 20.11 | 18.8 | -13.61 | 10.49 | 3.76 | -6.17 | 0.81 | 0.0 | 0.0 | 0.51 | -28.17 | -63.04 | 0.12 | -7.69 | -20.0 | 7.49 | 0.0 | 0.0 | 6.48 | 0.0 | 6.75 | 0.8 | 0.0 | -56.52 | 20.5 | 5.89 | 15.36 | 27.78 | 4.28 | 8.14 | 0.13 | 134.21 | 119.7 | 20.63 | 8.69 | 20.57 | 0.00 | 0 | 0 |
| 23Q2 (15) | 15.17 | 17.69 | 17.05 | 2.0 | 0.0 | 33.33 | 0.88 | 1.15 | 1.15 | 0 | 0 | 0 | 11.96 | -2.45 | 19.96 | 1.08 | 6.93 | 96.36 | 8.69 | -17.71 | 12.86 | 16.93 | -20.9 | -4.07 | 10.11 | -2.6 | -3.35 | 0.81 | 0.0 | 0.0 | 0.71 | -22.83 | -54.49 | 0.13 | 0.0 | -18.75 | 7.49 | 0.0 | 0.0 | 6.48 | 6.75 | 6.75 | 0.8 | -56.52 | -56.52 | 19.36 | 9.75 | 17.76 | 26.64 | 4.23 | 9.36 | -0.38 | 9.52 | 64.81 | 18.98 | 10.22 | 23.57 | 0.00 | 0 | 0 |
| 23Q1 (14) | 12.89 | -9.92 | 21.72 | 2.0 | 0.0 | 33.33 | 0.87 | 0.0 | 1.16 | 0 | 0 | 0 | 12.26 | -14.86 | 7.36 | 1.01 | -26.28 | 16.09 | 10.56 | -5.8 | 15.28 | 21.40 | -7.4 | 7.67 | 10.38 | -3.35 | -3.98 | 0.81 | 0.0 | 0.0 | 0.92 | -19.3 | -47.73 | 0.13 | -7.14 | -23.53 | 7.49 | 0.0 | 0.0 | 6.07 | 0.0 | 7.05 | 1.84 | 0.0 | 32.37 | 17.64 | -7.64 | 5.38 | 25.56 | -5.4 | 7.39 | -0.42 | 47.5 | 61.11 | 17.22 | -5.9 | 9.96 | 0.00 | 0 | 0 |
| 22Q4 (13) | 14.31 | 4.99 | 15.59 | 2.0 | 0.0 | -8.68 | 0.87 | -1.14 | 1.16 | 0 | 0 | 0 | 14.4 | 13.3 | 26.43 | 1.37 | 3.01 | 55.68 | 11.21 | 5.85 | 26.1 | 23.11 | -0.71 | 24.09 | 10.74 | -3.94 | -9.75 | 0.81 | 0.0 | 0.0 | 1.14 | -17.39 | -41.54 | 0.14 | -6.67 | -26.32 | 7.49 | 0.0 | 0.0 | 6.07 | 0.0 | 7.05 | 1.84 | 0.0 | 32.37 | 19.1 | 7.48 | 4.09 | 27.02 | 5.18 | 6.34 | -0.8 | -21.21 | 56.52 | 18.3 | 6.95 | 10.84 | 0.00 | 0 | 0 |
| 22Q3 (12) | 13.63 | 5.17 | 16.2 | 2.0 | 33.33 | 189.86 | 0.88 | 1.15 | -6.38 | 0 | 0 | 0 | 12.71 | 27.48 | 17.14 | 1.33 | 141.82 | 98.51 | 10.59 | 37.53 | 13.87 | 23.28 | 31.91 | 27.54 | 11.18 | 6.88 | -2.1 | 0.81 | 0.0 | 0 | 1.38 | -11.54 | -36.99 | 0.15 | -6.25 | -25.0 | 7.49 | 0.0 | 0.0 | 6.07 | 0.0 | 7.05 | 1.84 | 0.0 | 32.37 | 17.77 | 8.09 | 2.07 | 25.69 | 5.46 | 4.99 | -0.66 | 38.89 | 64.13 | 17.11 | 11.39 | 9.89 | 0.00 | 0 | 0 |
| 22Q2 (11) | 12.96 | 22.38 | 1.65 | 1.5 | 0.0 | -11.76 | 0.87 | 1.16 | -12.12 | 0 | 0 | 0 | 9.97 | -12.7 | -19.73 | 0.55 | -36.78 | -51.75 | 7.7 | -15.94 | -23.46 | 17.65 | -11.22 | -7.65 | 10.46 | -3.24 | -5.68 | 0.81 | 0.0 | 0 | 1.56 | -11.36 | -23.15 | 0.16 | -5.88 | -27.27 | 7.49 | 0.0 | 0.0 | 6.07 | 7.05 | 17.64 | 1.84 | 32.37 | 57.26 | 16.44 | -1.79 | -5.9 | 24.36 | 2.35 | 2.35 | -1.08 | 0.0 | 36.47 | 15.36 | -1.92 | -2.6 | 0.00 | 0 | 0 |
| 22Q1 (10) | 10.59 | -14.46 | -17.52 | 1.5 | -31.51 | -22.68 | 0.86 | 0.0 | -20.37 | 0 | 0 | 0 | 11.42 | 0.26 | -12.62 | 0.87 | -1.14 | -33.59 | 9.16 | 3.04 | -6.82 | 19.88 | 6.73 | -1.15 | 10.81 | -9.16 | 2.27 | 0.81 | 0.0 | 0 | 1.76 | -9.74 | -21.43 | 0.17 | -10.53 | -26.09 | 7.49 | 0.0 | 0.0 | 5.67 | 0.0 | 9.88 | 1.39 | 0.0 | 18.8 | 16.74 | -8.77 | 2.51 | 23.8 | -6.34 | 5.03 | -1.08 | 41.3 | 34.15 | 15.66 | -5.15 | 6.6 | 0.00 | 0 | 0 |
| 21Q4 (9) | 12.38 | 5.54 | -0.4 | 2.19 | 217.39 | -0.45 | 0.86 | -8.51 | -23.89 | 0 | 0 | 0 | 11.39 | 4.98 | -22.04 | 0.88 | 31.34 | -58.29 | 8.89 | -4.41 | -16.68 | 18.63 | 2.04 | -19.09 | 11.9 | 4.2 | 18.06 | 0.81 | 0 | 1925.0 | 1.95 | -10.96 | -10.96 | 0.19 | -5.0 | -26.92 | 7.49 | 0.0 | 0.0 | 5.67 | 0.0 | 9.88 | 1.39 | 0.0 | 18.8 | 18.35 | 5.4 | -1.08 | 25.41 | 3.84 | 2.17 | -1.84 | 0.0 | -32.37 | 16.51 | 6.04 | -3.79 | 0.00 | 0 | 0 |
| 21Q3 (8) | 11.73 | -8.0 | 14.22 | 0.69 | -59.41 | -54.0 | 0.94 | -5.05 | -16.07 | 0 | 0 | 0 | 10.85 | -12.64 | -13.48 | 0.67 | -41.23 | -54.73 | 9.3 | -7.55 | -10.06 | 18.25 | -4.49 | -17.58 | 11.42 | 2.98 | 16.06 | 0 | 0 | -100.0 | 2.19 | 7.88 | -11.69 | 0.2 | -9.09 | -25.93 | 7.49 | 0.0 | 0.0 | 5.67 | 9.88 | 9.88 | 1.39 | 18.8 | 18.8 | 17.41 | -0.34 | 6.68 | 24.47 | 2.82 | 8.04 | -1.84 | -8.24 | 10.68 | 15.57 | -1.27 | 9.19 | 0.00 | 0 | 0 |
| 21Q2 (7) | 12.75 | -0.7 | 29.57 | 1.7 | -12.37 | -32.0 | 0.99 | -8.33 | -10.81 | 0 | 0 | 0 | 12.42 | -4.97 | 43.42 | 1.14 | -12.98 | 62.86 | 10.06 | 2.34 | 27.66 | 19.11 | -4.97 | 0 | 11.09 | 4.92 | 6.02 | 0 | 0 | -100.0 | 2.03 | -9.38 | -26.45 | 0.22 | -4.35 | -26.67 | 7.49 | 0.0 | 0.0 | 5.16 | 0.0 | 0.0 | 1.17 | 0.0 | 0.0 | 17.47 | 6.98 | 17.64 | 23.8 | 5.03 | 12.42 | -1.7 | -3.66 | 25.11 | 15.77 | 7.35 | 25.36 | 0.00 | 0 | 0 |
| 21Q1 (6) | 12.84 | 3.3 | 51.42 | 1.94 | -11.82 | -41.21 | 1.08 | -4.42 | -2.7 | 0 | 0 | 0 | 13.07 | -10.54 | 24.0 | 1.31 | -37.91 | 79.45 | 9.83 | -7.87 | 11.58 | 20.11 | -12.64 | 0 | 10.57 | 4.86 | -1.67 | 0 | -100.0 | -100.0 | 2.24 | 2.28 | -26.56 | 0.23 | -11.54 | -28.12 | 7.49 | 0.0 | 0.0 | 5.16 | 0.0 | 12.42 | 1.17 | 0.0 | 42.68 | 16.33 | -11.97 | 8.43 | 22.66 | -8.89 | 10.64 | -1.64 | -17.99 | 21.9 | 14.69 | -14.39 | 13.35 | 0.00 | 0 | 0 |
| 20Q4 (5) | 12.43 | 21.03 | 37.05 | 2.2 | 46.67 | -45.0 | 1.13 | 0.89 | 1.8 | 0 | 0 | 0 | 14.61 | 16.51 | -2.27 | 2.11 | 42.57 | 29.45 | 10.67 | 3.19 | -9.65 | 23.02 | 3.95 | 0 | 10.08 | 2.44 | -8.03 | 0.04 | 0.0 | -20.0 | 2.19 | -11.69 | -34.23 | 0.26 | -3.7 | -25.71 | 7.49 | 0.0 | 0.0 | 5.16 | 0.0 | 12.42 | 1.17 | 0.0 | 42.68 | 18.55 | 13.66 | 9.38 | 24.87 | 9.8 | 11.18 | -1.39 | 32.52 | -18.8 | 17.16 | 20.34 | 8.68 | 0.00 | 0 | 0 |
| 20Q3 (4) | 10.27 | 4.37 | 0.0 | 1.5 | -40.0 | 0.0 | 1.12 | 0.9 | 0.0 | 0 | 0 | 0.0 | 12.54 | 44.8 | 0.0 | 1.48 | 111.43 | 0.0 | 10.34 | 31.22 | 0.0 | 22.15 | 0 | 0.0 | 9.84 | -5.93 | 0.0 | 0.04 | 0.0 | 0.0 | 2.48 | -10.14 | 0.0 | 0.27 | -10.0 | 0.0 | 7.49 | 0.0 | 0.0 | 5.16 | 0.0 | 0.0 | 1.17 | 0.0 | 0.0 | 16.32 | 9.9 | 0.0 | 22.65 | 6.99 | 0.0 | -2.06 | 9.25 | 0.0 | 14.26 | 13.35 | 0.0 | 0.00 | 0 | 0.0 |
