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) | 0.96 | -52.94 | 2.23 | 88.98 | 0 | 0 | 0 | 0 | 10.45 | 12.61 | 1.17 | 27.17 | 4.08 | 60.0 | 39.04 | 42.09 | 2.62 | 21.86 | 0 | 0 | 0 | 0 | 0.03 | 0.0 | 3.21 | 0.94 | 0.64 | 10.34 | 0.02 | 0 | 2.37 | 22.16 | 3.03 | 20.24 | 0.15 | 0 | 2.52 | 31.25 | 0.00 | 0 |
| 2022 (9) | 2.04 | -26.09 | 1.18 | -70.13 | 0.21 | 0.0 | 0 | 0 | 9.28 | -46.51 | 0.92 | -54.23 | 2.55 | -53.38 | 27.48 | -12.84 | 2.15 | -26.87 | 0 | 0 | 0 | 0 | 0.03 | 200.0 | 3.18 | -1.55 | 0.58 | 52.63 | 0 | 0 | 1.94 | -32.17 | 2.52 | -22.22 | -0.02 | 0 | 1.92 | -37.05 | 0.00 | 0 |
| 2021 (8) | 2.76 | 224.71 | 3.95 | 69.53 | 0.21 | 0 | 0 | 0 | 17.35 | 42.92 | 2.01 | 47.79 | 5.47 | 13.02 | 31.53 | -20.92 | 2.94 | 19.51 | 0 | 0 | 0 | 0 | 0.01 | -50.0 | 3.23 | 4.87 | 0.38 | 58.33 | 0 | 0 | 2.86 | 47.42 | 3.24 | 48.62 | 0.19 | 1800.0 | 3.05 | 56.41 | 0.00 | 0 |
| 2020 (7) | 0.85 | -2.3 | 2.33 | 10.95 | 0 | 0 | 0 | 0 | 12.14 | 106.11 | 1.36 | 368.97 | 4.84 | 113.22 | 39.87 | 3.45 | 2.46 | 26.15 | 0 | 0 | 1.26 | 404.0 | 0.02 | 0 | 3.08 | 4.41 | 0.24 | 14.29 | 0 | 0 | 1.94 | 142.5 | 2.18 | 115.84 | 0.01 | 0.0 | 1.95 | 140.74 | 0.00 | 0 |
| 2019 (6) | 0.87 | -9.38 | 2.1 | -9.87 | 0.04 | -33.33 | 0 | 0 | 5.89 | -17.39 | 0.29 | -48.21 | 2.27 | -12.02 | 38.54 | 6.51 | 1.95 | 24.2 | 0 | 0 | 0.25 | -13.79 | 0 | 0 | 2.95 | 14.34 | 0.21 | 40.0 | 0 | 0 | 0.8 | -18.37 | 1.01 | -10.62 | 0.01 | -80.0 | 0.81 | -21.36 | 0.00 | 0 |
| 2018 (5) | 0.96 | -13.51 | 2.33 | 26.63 | 0.06 | -14.29 | 0 | 0 | 7.13 | 16.31 | 0.56 | 64.71 | 2.58 | 9.79 | 36.19 | -5.61 | 1.57 | 36.52 | 0 | 0 | 0.29 | -12.12 | 0 | 0 | 2.58 | 2.38 | 0.15 | 25.0 | 0 | 0 | 0.98 | 44.12 | 1.13 | 41.25 | 0.05 | 0 | 1.03 | 51.47 | 0.00 | 0 |
| 2017 (4) | 1.11 | 484.21 | 1.84 | -8.0 | 0.07 | -12.5 | 0 | 0 | 6.13 | 15.01 | 0.34 | 21.43 | 2.35 | 5.86 | 38.34 | -7.96 | 1.15 | -4.96 | 0 | 0 | 0.33 | 6.45 | 0 | 0 | 2.52 | 19.43 | 0.12 | 33.33 | 0 | 0 | 0.68 | 28.3 | 0.8 | 26.98 | 0 | 0 | 0.68 | 28.3 | 0.00 | 0 |
| 2016 (3) | 0.19 | -63.46 | 2.0 | 44.93 | 0.08 | -27.27 | 0 | 0 | 5.33 | 22.81 | 0.28 | 64.71 | 2.22 | 58.57 | 41.65 | 29.12 | 1.21 | 61.33 | 0 | 0 | 0.31 | -20.51 | 0 | 0 | 2.11 | 1.93 | 0.09 | 12.5 | 0 | 0 | 0.53 | 43.24 | 0.63 | 40.0 | 0 | 0 | 0.53 | 43.24 | 0.00 | 0 |
| 2015 (2) | 0.52 | 44.44 | 1.38 | -23.33 | 0.11 | -8.33 | 0 | 0 | 4.34 | -17.18 | 0.17 | -48.48 | 1.4 | -23.91 | 32.26 | -8.13 | 0.75 | -14.77 | 0 | 0 | 0.39 | -22.0 | 0 | 0 | 2.07 | 7.25 | 0.08 | 100.0 | 0 | 0 | 0.37 | -17.78 | 0.45 | -8.16 | 0 | 0 | 0.37 | -17.78 | 0.00 | 0 |
| 2014 (1) | 0.36 | 111.76 | 1.8 | -7.69 | 0.12 | 20.0 | 0 | 0 | 5.24 | 12.93 | 0.33 | 94.12 | 1.84 | 33.33 | 35.11 | 18.07 | 0.88 | -12.87 | 0 | 0 | 0.5 | -3.85 | 0 | 0 | 1.93 | 12.21 | 0.04 | 33.33 | 0 | 0 | 0.45 | 73.08 | 0.49 | 68.97 | 0 | 0 | 0.45 | 73.08 | 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 | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 23Q4 (20) | 0.96 | 4.35 | -52.94 | 2.23 | -9.35 | 88.98 | 0 | 0 | -100.0 | 0 | 0 | 0 | 2.2 | -32.1 | 35.8 | 0.2 | -44.44 | 566.67 | 4.08 | -20.62 | 60.0 | 39.04 | -25.03 | 42.09 | 2.62 | 5.65 | 21.86 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | 0.0 | 0.0 | 3.21 | 0.0 | 0.94 | 0.64 | 0.0 | 10.34 | 0.02 | 0.0 | 0 | 2.37 | 9.72 | 22.16 | 3.03 | 7.07 | 20.24 | 0.15 | 50.0 | 850.0 | 2.52 | 11.5 | 31.25 | 0.00 | 0 | 0 |
| 23Q3 (19) | 0.92 | -38.67 | -55.77 | 2.46 | 84.96 | 0.0 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 3.24 | 9.09 | 81.01 | 0.36 | -12.2 | 89.47 | 5.14 | 27.23 | 48.13 | 52.08 | 8.54 | 66.74 | 2.48 | 13.24 | 13.24 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | 0.0 | 0.0 | 3.21 | 0.94 | 0.94 | 0.64 | 0.0 | 10.34 | 0.02 | 0.0 | 0 | 2.16 | 20.0 | 13.09 | 2.83 | 14.57 | 14.11 | 0.1 | -9.09 | 225.0 | 2.26 | 18.32 | 23.5 | 0.00 | 0 | 0 |
| 23Q2 (18) | 1.5 | -10.71 | -27.54 | 1.33 | 26.67 | -34.16 | 0.19 | -9.52 | -9.52 | 0 | 0 | 0 | 2.97 | 45.59 | -2.3 | 0.41 | 115.79 | 10.81 | 4.04 | 34.22 | -4.04 | 47.98 | 35.34 | 62.63 | 2.19 | 9.5 | -16.09 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | 50.0 | 0.0 | 3.18 | 0.0 | -1.55 | 0.64 | 10.34 | 10.34 | 0.02 | 0 | 0 | 1.8 | 21.62 | -10.0 | 2.47 | 20.49 | -3.89 | 0.11 | -21.43 | 466.67 | 1.91 | 17.9 | -3.05 | 0.00 | 0 | 0 |
| 23Q1 (17) | 1.68 | -17.65 | -35.14 | 1.05 | -11.02 | -52.27 | 0.21 | 0.0 | 0.0 | 0 | 0 | 0 | 2.04 | 25.93 | -27.92 | 0.19 | 533.33 | -42.42 | 3.01 | 18.04 | -28.33 | 35.45 | 29.02 | 34.72 | 2.0 | -6.98 | -20.63 | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | -33.33 | -33.33 | 3.18 | 0.0 | -1.55 | 0.58 | 0.0 | 52.63 | 0 | 0 | 0 | 1.48 | -23.71 | -19.13 | 2.05 | -18.65 | -6.82 | 0.14 | 800.0 | 55.56 | 1.62 | -15.62 | -15.62 | 0.00 | 0 | 0 |
| 22Q4 (16) | 2.04 | -1.92 | -26.09 | 1.18 | -52.03 | -70.13 | 0.21 | 0.0 | 0.0 | 0 | 0 | 0 | 1.62 | -9.5 | -53.04 | 0.03 | -84.21 | -91.67 | 2.55 | -26.51 | -53.38 | 27.48 | -12.02 | -12.89 | 2.15 | -1.83 | -26.87 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | 0.0 | 200.0 | 3.18 | 0.0 | -1.55 | 0.58 | 0.0 | 52.63 | 0 | 0 | 0 | 1.94 | 1.57 | -32.17 | 2.52 | 1.61 | -22.22 | -0.02 | 75.0 | -110.53 | 1.92 | 4.92 | -37.05 | 0.00 | 0 | 0 |
| 22Q3 (15) | 2.08 | 0.48 | 48.57 | 2.46 | 21.78 | -45.33 | 0.21 | 0.0 | 0.0 | 0 | 0 | 0 | 1.79 | -41.12 | -63.84 | 0.19 | -48.65 | -68.85 | 3.47 | -17.58 | -48.29 | 31.23 | 5.87 | -18.4 | 2.19 | -16.09 | -29.81 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | 0.0 | 200.0 | 3.18 | -1.55 | -1.55 | 0.58 | 0.0 | 52.63 | 0 | 0 | 0 | 1.91 | -4.5 | -23.6 | 2.48 | -3.5 | -13.89 | -0.08 | -166.67 | -147.06 | 1.83 | -7.11 | -31.46 | 0.00 | 0 | 0 |
| 22Q2 (14) | 2.07 | -20.08 | 165.38 | 2.02 | -8.18 | -35.87 | 0.21 | 0.0 | 0 | 0 | 0 | 0 | 3.04 | 7.42 | -35.73 | 0.37 | 12.12 | -26.0 | 4.21 | 0.24 | -36.4 | 29.50 | 12.11 | -30.88 | 2.61 | 3.57 | 0.38 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.03 | 0.0 | 50.0 | 3.23 | 0.0 | 0.62 | 0.58 | 52.63 | 52.63 | 0 | 0 | 0 | 2.0 | 9.29 | 5.82 | 2.57 | 16.82 | 13.22 | -0.03 | -133.33 | -125.0 | 1.97 | 2.6 | -1.99 | 0.00 | 0 | 0 |
| 22Q1 (13) | 2.59 | -6.16 | 187.78 | 2.2 | -44.3 | -23.88 | 0.21 | 0.0 | 0 | 0 | 0 | 0 | 2.83 | -17.97 | -32.78 | 0.33 | -8.33 | -38.89 | 4.2 | -23.22 | -29.05 | 26.32 | -16.58 | -38.43 | 2.52 | -14.29 | -5.62 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.03 | 200.0 | 50.0 | 3.23 | 0.0 | 0.94 | 0.38 | 0.0 | 58.33 | 0 | 0 | 0 | 1.83 | -36.01 | 19.61 | 2.2 | -32.1 | 24.29 | 0.09 | -52.63 | 50.0 | 1.92 | -37.05 | 20.75 | 0.00 | 0 | 0 |
| 21Q4 (12) | 2.76 | 97.14 | 224.71 | 3.95 | -12.22 | 69.53 | 0.21 | 0.0 | 0 | 0 | 0 | 0 | 3.45 | -30.3 | -5.22 | 0.36 | -40.98 | -16.28 | 5.47 | -18.48 | 13.02 | 31.55 | -17.59 | -20.94 | 2.94 | -5.77 | 19.51 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.01 | 0.0 | -50.0 | 3.23 | 0.0 | 4.87 | 0.38 | 0.0 | 58.33 | 0 | 0 | 0 | 2.86 | 14.4 | 47.42 | 3.24 | 12.5 | 48.62 | 0.19 | 11.76 | 1800.0 | 3.05 | 14.23 | 56.41 | 0.00 | 0 | 0 |
| 21Q3 (11) | 1.4 | 79.49 | 45.83 | 4.5 | 42.86 | 109.3 | 0.21 | 0 | 0 | 0 | 0 | 0 | 4.95 | 4.65 | 68.94 | 0.61 | 22.0 | 96.77 | 6.71 | 1.36 | 56.78 | 38.28 | -10.32 | -7.17 | 3.12 | 20.0 | 40.54 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0.01 | -50.0 | 0 | 3.23 | 0.62 | 5.56 | 0.38 | 0.0 | 58.33 | 0 | 0 | 0 | 2.5 | 32.28 | 65.56 | 2.88 | 26.87 | 64.57 | 0.17 | 41.67 | 525.0 | 2.67 | 32.84 | 81.63 | 0.00 | 0 | 0 |
| 21Q2 (10) | 0.78 | -13.33 | -13.33 | 3.15 | 9.0 | 2.94 | 0 | 0 | 0 | 0 | 0 | 0 | 4.73 | 12.35 | 54.07 | 0.5 | -7.41 | 42.86 | 6.62 | 11.82 | 67.59 | 42.68 | -0.14 | -6.75 | 2.6 | -2.62 | 35.42 | 0 | 0 | 0 | 0.35 | -10.26 | 0 | 0.02 | 0.0 | 0 | 3.21 | 0.31 | 4.9 | 0.38 | 58.33 | 58.33 | 0 | 0 | 0 | 1.89 | 23.53 | 57.5 | 2.27 | 28.25 | 57.64 | 0.12 | 100.0 | 340.0 | 2.01 | 26.42 | 74.78 | 0.00 | 0 | 0 |
| 21Q1 (9) | 0.9 | 5.88 | 23.29 | 2.89 | 24.03 | 1.05 | 0 | 0 | 0 | 0 | 0 | 0 | 4.21 | 15.66 | 69.08 | 0.54 | 25.58 | 107.69 | 5.92 | 22.31 | 82.15 | 42.74 | 7.12 | -8.73 | 2.67 | 8.54 | 21.92 | 0 | 0 | 0 | 0.39 | -69.05 | 0 | 0.02 | 0.0 | 0 | 3.2 | 3.9 | 8.47 | 0.24 | 0.0 | 14.29 | 0 | 0 | 0 | 1.53 | -21.13 | 54.55 | 1.77 | -18.81 | 47.5 | 0.06 | 500.0 | 175.0 | 1.59 | -18.46 | 74.73 | 0.00 | 0 | 0 |
| 20Q4 (8) | 0.85 | -11.46 | -2.3 | 2.33 | 8.37 | 10.95 | 0 | 0 | -100.0 | 0 | 0 | 0 | 3.64 | 24.23 | 92.59 | 0.43 | 38.71 | 258.33 | 4.84 | 13.08 | 113.22 | 39.90 | -3.23 | 3.71 | 2.46 | 10.81 | 26.15 | 0 | 0 | 0 | 1.26 | -10.0 | 404.0 | 0.02 | 0 | 0 | 3.08 | 0.65 | 4.41 | 0.24 | 0.0 | 14.29 | 0 | 0 | 0 | 1.94 | 28.48 | 142.5 | 2.18 | 24.57 | 115.84 | 0.01 | 125.0 | 0.0 | 1.95 | 32.65 | 140.74 | 0.00 | 0 | 0 |
| 20Q3 (7) | 0.96 | 6.67 | -36.0 | 2.15 | -29.74 | 6.44 | 0 | 0 | -100.0 | 0 | 0 | 0 | 2.93 | -4.56 | 148.31 | 0.31 | -11.43 | 675.0 | 4.28 | 8.35 | 121.76 | 41.23 | -9.91 | 0 | 2.22 | 15.62 | 31.36 | 0 | 0 | 0 | 1.4 | 0 | 438.46 | 0 | 0 | -100.0 | 3.06 | 0.0 | 3.73 | 0.24 | 0.0 | 14.29 | 0 | 0 | 0 | 1.51 | 25.83 | 118.84 | 1.75 | 21.53 | 94.44 | -0.04 | 20.0 | 0 | 1.47 | 27.83 | 113.04 | 0.00 | 0 | 0 |
| 20Q2 (6) | 0.9 | 23.29 | -41.56 | 3.06 | 6.99 | 115.49 | 0 | 0 | -100.0 | 0 | 0 | 0 | 3.07 | 23.29 | 122.46 | 0.35 | 34.62 | 775.0 | 3.95 | 21.54 | 101.53 | 45.77 | -2.26 | 0 | 1.92 | -12.33 | 12.28 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 3.06 | 3.73 | 3.73 | 0.24 | 14.29 | 14.29 | 0 | 0 | 0 | 1.2 | 21.21 | 84.62 | 1.44 | 20.0 | 67.44 | -0.05 | 37.5 | -600.0 | 1.15 | 26.37 | 74.24 | 0.00 | 0 | 0 |
| 20Q1 (5) | 0.73 | -16.09 | -65.57 | 2.86 | 36.19 | 71.26 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 2.49 | 31.75 | 71.72 | 0.26 | 116.67 | 160.0 | 3.25 | 43.17 | 57.0 | 46.83 | 21.72 | 0 | 2.19 | 12.31 | 57.55 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 2.95 | 0.0 | 0.34 | 0.21 | 0.0 | 40.0 | 0 | 0 | 0 | 0.99 | 23.75 | -8.33 | 1.2 | 18.81 | -2.44 | -0.08 | -900.0 | -366.67 | 0.91 | 12.35 | -18.02 | 0.00 | 0 | 0 |
| 19Q4 (4) | 0.87 | -42.0 | 0.0 | 2.1 | 3.96 | 0.0 | 0.04 | 0.0 | 0.0 | 0 | 0 | 0.0 | 1.89 | 60.17 | 0.0 | 0.12 | 200.0 | 0.0 | 2.27 | 17.62 | 0.0 | 38.47 | 0 | 0.0 | 1.95 | 15.38 | 0.0 | 0 | 0 | 0.0 | 0.25 | -3.85 | 0.0 | 0 | -100.0 | 0.0 | 2.95 | 0.0 | 0.0 | 0.21 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0.8 | 15.94 | 0.0 | 1.01 | 12.22 | 0.0 | 0.01 | 0 | 0.0 | 0.81 | 17.39 | 0.0 | 0.00 | 0 | 0.0 |
