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) | 6.29 | -61.55 | 0.43 | 0 | 0 | 0 | 0 | 0 | 20.84 | 2.91 | 1.19 | 19.0 | 4.8 | 14.56 | 23.03 | 11.32 | 2.74 | 8.73 | 0 | 0 | 0 | 0 | 0.04 | -42.86 | 6.8 | 0.0 | 11.2 | 0.9 | 2.07 | -34.7 | 2.86 | 164.81 | 16.13 | 5.08 | -3.06 | 0 | -0.2 | 0 | 0.00 | 0 |
| 2022 (9) | 16.36 | 9.65 | 0 | 0 | 0 | 0 | 0 | 0 | 20.25 | 11.51 | 1.0 | 61.29 | 4.19 | 3.71 | 20.69 | -6.99 | 2.52 | 7.23 | 0 | 0 | 0 | 0 | 0.07 | -12.5 | 6.8 | 0.0 | 11.1 | 0.0 | 3.17 | 11.23 | 1.08 | 63.64 | 15.35 | 5.07 | -2.68 | 0 | -1.6 | 0 | 0.00 | 0 |
| 2021 (8) | 14.92 | -12.54 | 0 | 0 | 0 | 0 | 0 | 0 | 18.16 | 4.73 | 0.62 | 0 | 4.04 | -4.49 | 22.25 | -8.8 | 2.35 | 18.69 | 0 | 0 | 0 | 0 | 0.08 | 700.0 | 6.8 | 13.33 | 11.1 | 0.0 | 2.85 | 0.0 | 0.66 | 0 | 14.61 | 9.6 | -3.81 | 0 | -3.15 | 0 | 0.00 | 0 |
| 2020 (7) | 17.06 | -7.78 | 0 | 0 | 0 | 0 | 0 | 0 | 17.34 | -24.48 | -3.66 | 0 | 4.23 | -5.37 | 24.39 | 25.3 | 1.98 | 10.61 | 0 | 0 | 0 | 0 | 0.01 | -50.0 | 6.0 | 0.0 | 11.1 | 0.0 | 2.85 | 0.71 | -0.61 | 0 | 13.33 | -21.5 | -3.48 | 0 | -4.09 | 0 | 0.00 | 0 |
| 2019 (6) | 18.5 | -30.45 | 0 | 0 | 0 | 0 | 0 | 0 | 22.96 | 2.0 | -0.3 | 0 | 4.47 | -15.18 | 19.47 | -16.84 | 1.79 | -4.79 | 0 | 0 | 0 | 0 | 0.02 | -33.33 | 6.0 | -66.56 | 11.1 | 0.0 | 2.83 | 102.14 | 3.06 | -38.31 | 16.98 | -2.69 | -2.85 | 0 | 0.21 | -90.14 | 0.00 | 0 |
| 2018 (5) | 26.6 | 55.37 | 0 | 0 | 0 | 0 | 0 | 0 | 22.51 | -1.49 | -0.34 | 0 | 5.27 | 11.42 | 23.41 | 13.1 | 1.88 | 55.37 | 0.71 | 0.0 | 0 | 0 | 0.03 | 200.0 | 17.94 | -5.28 | 11.1 | 0.0 | 1.4 | 60.92 | 4.96 | -9.82 | 17.45 | -0.11 | -2.83 | 0 | 2.13 | -48.05 | 0.00 | 0 |
| 2017 (4) | 17.12 | -49.72 | 0 | 0 | 0 | 0 | 0 | 0 | 22.85 | -4.31 | -0.82 | 0 | 4.73 | 61.43 | 20.70 | 68.71 | 1.21 | 8.04 | 0.71 | -85.83 | 0 | 0 | 0.01 | 0 | 18.94 | 0.0 | 11.1 | 0.0 | 0.87 | 0 | 5.5 | -23.93 | 17.47 | -4.69 | -1.4 | 0 | 4.1 | -35.53 | 0.00 | 3.66 |
| 2016 (3) | 34.05 | -15.53 | 0 | 0 | 4.8 | 0 | 0 | 0 | 23.88 | -32.35 | -1.09 | 0 | 2.93 | -55.27 | 12.27 | -33.87 | 1.12 | -39.13 | 5.01 | -12.41 | 9.6 | -33.33 | 0 | 0 | 18.94 | 0.0 | 11.1 | 1.37 | 0 | 0 | 7.23 | -24.37 | 18.33 | -10.63 | -0.87 | 0 | 6.36 | -42.29 | 0.00 | -87.6 |
| 2015 (2) | 40.31 | -10.16 | 0 | 0 | 0 | 0 | 0 | 0 | 35.3 | -21.61 | 1.46 | 0 | 6.55 | -29.27 | 18.56 | -9.77 | 1.84 | -23.65 | 5.72 | -5.45 | 14.4 | 0.0 | 0.05 | -50.0 | 18.94 | 0.0 | 10.95 | 0.0 | 0 | 0 | 9.56 | 17.73 | 20.51 | 7.55 | 1.46 | -21.08 | 11.02 | 10.53 | 0.00 | -81.81 |
| 2014 (1) | 44.87 | -8.5 | 0 | 0 | 0 | 0 | 0 | 0 | 45.03 | -34.41 | -13.85 | 0 | 9.26 | -30.84 | 20.56 | 5.43 | 2.41 | -32.3 | 6.05 | 816.67 | 14.4 | 0.0 | 0.1 | -9.09 | 18.94 | 0.91 | 10.95 | 2.53 | 0 | 0 | 8.12 | -64.29 | 19.07 | -45.2 | 1.85 | 134.18 | 9.97 | -57.63 | 0.01 | 1.96 |
| 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 | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 23Q4 (20) | 6.29 | 3.97 | -61.55 | 0.43 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.44 | -4.39 | 14.29 | 0.27 | -22.86 | 80.0 | 4.8 | -9.94 | 14.56 | 23.02 | -12.88 | 11.21 | 2.74 | -7.12 | 8.73 | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 | 0.0 | -42.86 | 6.8 | 0.0 | 0.0 | 11.2 | 0.0 | 0.9 | 2.07 | 0.0 | -34.7 | 2.86 | 10.42 | 164.81 | 16.13 | 1.7 | 5.08 | -3.06 | -28.03 | -14.18 | -0.2 | -200.0 | 87.5 | 0.00 | 0 | 0 |
| 23Q3 (19) | 6.05 | -24.75 | -62.07 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.69 | 12.45 | 7.16 | 0.35 | -7.89 | 2.94 | 5.33 | 16.12 | 14.62 | 26.43 | 13.93 | 15.53 | 2.95 | 22.41 | 2.08 | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 | -33.33 | -42.86 | 6.8 | 0.0 | 0.0 | 11.2 | 0.0 | 0.9 | 2.07 | 0.0 | -34.7 | 2.59 | 16.14 | 197.7 | 15.86 | 2.26 | 4.76 | -2.39 | 16.14 | 3.63 | 0.2 | 132.26 | 112.42 | 0.00 | 0 | 0 |
| 23Q2 (18) | 8.04 | -18.54 | -48.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.06 | 8.58 | -7.5 | 0.38 | 100.0 | 18.75 | 4.59 | 12.22 | 0.44 | 23.19 | 14.55 | -0.78 | 2.41 | -3.21 | -15.44 | 0 | 0 | 0 | 0 | 0 | 0 | 0.06 | 0.0 | -14.29 | 6.8 | 0.0 | 0.0 | 11.2 | 0.9 | 0.9 | 2.07 | -34.7 | -34.7 | 2.23 | 75.59 | 312.96 | 15.51 | -0.19 | 4.8 | -2.85 | -2.52 | 8.95 | -0.62 | 58.94 | 76.06 | 0.00 | 0 | 0 |
| 23Q1 (17) | 9.87 | -39.67 | -33.71 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.66 | -2.1 | -0.85 | 0.19 | 26.67 | -5.0 | 4.09 | -2.39 | -1.21 | 20.25 | -2.19 | -11.23 | 2.49 | -1.19 | -10.43 | 0 | 0 | 0 | 0 | 0 | 0 | 0.06 | -14.29 | -25.0 | 6.8 | 0.0 | 0.0 | 11.1 | 0.0 | 0.0 | 3.17 | 0.0 | 11.23 | 1.27 | 17.59 | 45.98 | 15.54 | 1.24 | 4.93 | -2.78 | -3.73 | 17.01 | -1.51 | 5.62 | 39.11 | 0.00 | 0 | 0 |
| 22Q4 (16) | 16.36 | 2.57 | 9.65 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.76 | -10.36 | -1.86 | 0.15 | -55.88 | -25.0 | 4.19 | -9.89 | 3.71 | 20.70 | -9.49 | -6.95 | 2.52 | -12.8 | 7.23 | 0 | 0 | 0 | 0 | 0 | 0 | 0.07 | 0.0 | -12.5 | 6.8 | 0.0 | 0.0 | 11.1 | 0.0 | 0.0 | 3.17 | 0.0 | 11.23 | 1.08 | 24.14 | 63.64 | 15.35 | 1.39 | 5.07 | -2.68 | -8.06 | 29.66 | -1.6 | 0.62 | 49.21 | 0.00 | 0 | 0 |
| 22Q3 (15) | 15.95 | 2.77 | 7.48 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.31 | -2.93 | 17.22 | 0.34 | 6.25 | 142.86 | 4.65 | 1.75 | 22.69 | 22.87 | -2.15 | 12.19 | 2.89 | 1.4 | 19.92 | 0 | 0 | 0 | 0 | 0 | 0 | 0.07 | 0.0 | 0.0 | 6.8 | 0.0 | 0.0 | 11.1 | 0.0 | 0.0 | 3.17 | 0.0 | 11.23 | 0.87 | 61.11 | 112.2 | 15.14 | 2.3 | 5.43 | -2.48 | 20.77 | 34.04 | -1.61 | 37.84 | 51.94 | 0.00 | 0 | 0 |
| 22Q2 (14) | 15.52 | 4.23 | -7.84 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.47 | 16.38 | 34.4 | 0.32 | 60.0 | 128.57 | 4.57 | 10.39 | 41.93 | 23.38 | 2.48 | 34.88 | 2.85 | 2.52 | 31.94 | 0 | 0 | 0 | 0 | 0 | 0 | 0.07 | -12.5 | 0.0 | 6.8 | 0.0 | 0.0 | 11.1 | 0.0 | 0.0 | 3.17 | 11.23 | 11.23 | 0.54 | -37.93 | 263.64 | 14.8 | -0.07 | 8.74 | -3.13 | 6.57 | 15.63 | -2.59 | -4.44 | 35.89 | 0.00 | 0 | 0 |
| 22Q1 (13) | 14.89 | -0.2 | -15.78 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.7 | -3.09 | -0.21 | 0.2 | 0.0 | 42.86 | 4.14 | 2.48 | 3.76 | 22.81 | 2.53 | 0.96 | 2.78 | 18.3 | 34.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0.08 | 0.0 | 100.0 | 6.8 | 0.0 | 0.0 | 11.1 | 0.0 | 0.0 | 2.85 | 0.0 | 0.0 | 0.87 | 31.82 | 285.11 | 14.81 | 1.37 | 9.95 | -3.35 | 12.07 | 2.33 | -2.48 | 21.27 | 36.41 | 0.00 | 0 | 0 |
| 21Q4 (12) | 14.92 | 0.54 | -12.54 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.85 | 7.06 | -8.14 | 0.2 | 42.86 | -33.33 | 4.04 | 6.6 | -4.49 | 22.25 | 9.12 | -8.86 | 2.35 | -2.49 | 18.69 | 0 | 0 | 0 | 0 | 0 | 0 | 0.08 | 14.29 | 700.0 | 6.8 | 0.0 | 13.33 | 11.1 | 0.0 | 0.0 | 2.85 | 0.0 | 0.0 | 0.66 | 60.98 | 208.2 | 14.61 | 1.74 | 9.6 | -3.81 | -1.33 | -9.48 | -3.15 | 5.97 | 22.98 | 0.00 | 0 | 0 |
| 21Q3 (11) | 14.84 | -11.88 | -13.77 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.53 | 11.3 | 0.22 | 0.14 | 0.0 | 7.69 | 3.79 | 17.7 | 3.55 | 20.39 | 17.64 | -0.46 | 2.41 | 11.57 | 44.31 | 0 | 0 | 0 | 0 | 0 | 0 | 0.07 | 0.0 | 600.0 | 6.8 | 0.0 | 13.33 | 11.1 | 0.0 | 0.0 | 2.85 | 0.0 | 0.0 | 0.41 | 224.24 | 144.57 | 14.36 | 5.51 | 10.29 | -3.76 | -1.35 | -14.98 | -3.35 | 17.08 | 20.05 | 0.00 | 0 | 0 |
| 21Q2 (10) | 16.84 | -4.75 | -4.91 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.07 | -13.59 | 29.21 | 0.14 | 0.0 | 255.56 | 3.22 | -19.3 | 8.42 | 17.33 | -23.29 | 15.94 | 2.16 | 4.35 | 25.58 | 0 | 0 | 0 | 0 | 0 | 0 | 0.07 | 75.0 | 250.0 | 6.8 | 0.0 | 13.33 | 11.1 | 0.0 | 0.0 | 2.85 | 0.0 | 0.0 | -0.33 | 29.79 | 68.57 | 13.61 | 1.04 | 5.59 | -3.71 | -8.16 | -14.51 | -4.04 | -3.59 | 5.83 | 0.00 | 0 | 0 |
| 21Q1 (9) | 17.68 | 3.63 | -8.25 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.71 | -10.8 | 7.53 | 0.14 | -53.33 | 103.49 | 3.99 | -5.67 | 14.0 | 22.59 | -7.44 | 40.53 | 2.07 | 4.55 | 37.09 | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 | 300.0 | 100.0 | 6.8 | 13.33 | 13.33 | 11.1 | 0.0 | 0.0 | 2.85 | 0.0 | 0.71 | -0.47 | 22.95 | 50.53 | 13.47 | 1.05 | 3.86 | -3.43 | 1.44 | -15.88 | -3.9 | 4.65 | 0.26 | 0.00 | 0 | 0 |
| 20Q4 (8) | 17.06 | -0.87 | -7.78 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.28 | 16.81 | -9.28 | 0.3 | 130.77 | 200.0 | 4.23 | 15.57 | -5.37 | 24.41 | 19.18 | 25.32 | 1.98 | 18.56 | 10.61 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | -50.0 | 6.0 | 0.0 | 0.0 | 11.1 | 0.0 | 0.0 | 2.85 | 0.0 | 0.71 | -0.61 | 33.7 | -119.93 | 13.33 | 2.38 | -21.5 | -3.48 | -6.42 | -22.11 | -4.09 | 2.39 | -2047.62 | 0.00 | 0 | 0 |
| 20Q3 (7) | 17.21 | -2.82 | -0.92 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.52 | 43.49 | -30.67 | 0.13 | 244.44 | -18.75 | 3.66 | 23.23 | -36.57 | 20.48 | 37.02 | 0 | 1.67 | -2.91 | 1.21 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | -50.0 | -66.67 | 6.0 | 0.0 | 0.0 | 11.1 | 0.0 | 0.0 | 2.85 | 0.0 | 0.71 | -0.92 | 12.38 | -130.98 | 13.02 | 1.01 | -22.96 | -3.27 | -0.93 | -31.33 | -4.19 | 2.33 | -972.92 | 0.00 | 0 | 0 |
| 20Q2 (6) | 17.71 | -8.1 | -38.46 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.15 | -28.08 | -37.62 | -0.09 | 97.76 | 81.25 | 2.97 | -15.14 | -35.57 | 14.95 | -7.03 | 0 | 1.72 | 13.91 | 6.17 | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0.0 | -33.33 | 6.0 | 0.0 | -66.56 | 11.1 | 0.0 | 0.0 | 2.85 | 0.71 | 0.71 | -1.05 | -10.53 | -137.37 | 12.89 | -0.62 | -23.0 | -3.24 | -9.46 | -37.87 | -4.29 | -9.72 | -1032.61 | 0.00 | 0 | 0 |
| 20Q1 (5) | 19.27 | 4.16 | -35.87 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.38 | -24.74 | -21.22 | -4.01 | -4110.0 | -4355.56 | 3.5 | -21.7 | -24.41 | 16.08 | -17.46 | 0 | 1.51 | -15.64 | -5.03 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0.02 | 0.0 | -33.33 | 6.0 | 0.0 | -66.56 | 11.1 | 0.0 | 0.0 | 2.83 | 0.0 | 102.14 | -0.95 | -131.05 | -120.13 | 12.97 | -23.62 | -24.68 | -2.96 | -3.86 | -23.33 | -3.91 | -1961.9 | -268.53 | 0.00 | 0 | 0 |
| 19Q4 (4) | 18.5 | 6.51 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 5.82 | -10.74 | 0.0 | 0.1 | -37.5 | 0.0 | 4.47 | -22.53 | 0.0 | 19.48 | 0 | 0.0 | 1.79 | 8.48 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0.02 | -33.33 | 0.0 | 6.0 | 0.0 | 0.0 | 11.1 | 0.0 | 0.0 | 2.83 | 0.0 | 0.0 | 3.06 | 3.03 | 0.0 | 16.98 | 0.47 | 0.0 | -2.85 | -14.46 | 0.0 | 0.21 | -56.25 | 0.0 | 0.00 | 0 | 0.0 |
