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) | 38.53 | 4.19 | 36.99 | 9.15 | 0.12 | -29.41 | 0 | 0 | 59.51 | -14.44 | 0.54 | 54.29 | 16.52 | -8.37 | 27.76 | 7.08 | 5.87 | -16.14 | 0 | 0 | 0.74 | -25.25 | 0.1 | 0.0 | 15.99 | 0.0 | 6.19 | 0.65 | 0.44 | -79.63 | 9.53 | 17.36 | 16.15 | -1.7 | -0.7 | 0 | 8.83 | 14.97 | 0.00 | 0 |
| 2022 (9) | 36.98 | 61.27 | 33.89 | -2.47 | 0.17 | 325.0 | 0 | 0 | 69.55 | -23.61 | 0.35 | -85.42 | 18.03 | -36.0 | 25.92 | -16.22 | 7.0 | -44.62 | 0 | 0 | 0.99 | -15.38 | 0.1 | 0.0 | 15.99 | 0.0 | 6.15 | 4.24 | 2.16 | 27.81 | 8.12 | -19.68 | 16.43 | -7.23 | -0.44 | 0 | 7.68 | -3.4 | 0.00 | 0 |
| 2021 (8) | 22.93 | -18.72 | 34.75 | -4.56 | 0.04 | -88.24 | 0 | 0 | 91.04 | 9.58 | 2.4 | 0 | 28.17 | 3.45 | 30.94 | -5.59 | 12.64 | 29.91 | 0 | 0 | 1.17 | -47.06 | 0.1 | -9.09 | 15.99 | 0.0 | 5.9 | 0.0 | 1.69 | -15.5 | 10.11 | 23.59 | 17.71 | 10.07 | -2.16 | 0 | 7.95 | 22.5 | 0.00 | 0 |
| 2020 (7) | 28.21 | -0.04 | 36.41 | 36.98 | 0.34 | -95.41 | 0 | 0 | 83.08 | 4.94 | -0.83 | 0 | 27.23 | 13.27 | 32.78 | 7.94 | 9.73 | 16.53 | 0 | 0 | 2.21 | 41.67 | 0.11 | 37.5 | 15.99 | 0.0 | 5.9 | 6.31 | 2.0 | 156.41 | 8.18 | -37.84 | 16.09 | -17.44 | -1.69 | 0 | 6.49 | -42.21 | 0.00 | 0 |
| 2019 (6) | 28.22 | -25.68 | 26.58 | -22.01 | 7.41 | 104.13 | 0 | 0 | 79.17 | -11.37 | 3.55 | -36.15 | 24.04 | -9.11 | 30.37 | 2.55 | 8.35 | 6.64 | 0 | 0 | 1.56 | -84.05 | 0.08 | -88.89 | 15.99 | 0.0 | 5.55 | 11.22 | 0.78 | 188.89 | 13.16 | -10.48 | 19.49 | -2.4 | -1.93 | 0 | 11.23 | -19.73 | 0.00 | 0 |
| 2018 (5) | 37.97 | 21.82 | 34.08 | 15.64 | 3.63 | -15.38 | 0 | 0 | 89.33 | 2.28 | 5.56 | 103.66 | 26.45 | -3.26 | 29.61 | -5.41 | 7.83 | -17.67 | 0 | 0 | 9.78 | -4.4 | 0.72 | 2.86 | 15.99 | 0.0 | 4.99 | 5.72 | 0.27 | 0 | 14.7 | 24.26 | 19.97 | 20.66 | -0.71 | 0 | 13.99 | 21.02 | 0.00 | 0 |
| 2017 (4) | 31.17 | 33.15 | 29.47 | 21.93 | 4.29 | 15.95 | 0 | 0 | 87.34 | 1.75 | 2.73 | -45.94 | 27.34 | -4.67 | 31.30 | -6.31 | 9.51 | 10.84 | 0 | 0 | 10.23 | -32.92 | 0.7 | -14.63 | 15.99 | 0.0 | 4.72 | 11.85 | 0 | 0 | 11.83 | -7.65 | 16.55 | -2.82 | -0.27 | 0 | 11.56 | -14.31 | 0.00 | 0 |
| 2016 (3) | 23.41 | 104.99 | 24.17 | 27.08 | 3.7 | 19.74 | 0 | 0 | 85.84 | 9.84 | 5.05 | 2557.89 | 28.68 | 9.67 | 33.41 | -0.15 | 8.58 | 24.71 | 0 | 0 | 15.25 | 0.59 | 0.82 | -11.83 | 15.99 | 0.0 | 4.22 | 0.48 | 0 | 0 | 12.81 | 65.08 | 17.03 | 42.39 | 0.68 | -79.27 | 13.49 | 22.19 | 0.00 | 0 |
| 2015 (2) | 11.42 | -18.37 | 19.02 | -10.66 | 3.09 | -35.89 | 0 | 0 | 78.15 | -12.77 | 0.19 | -94.26 | 26.15 | -12.57 | 33.46 | 0.23 | 6.88 | -13.89 | 0 | 0 | 15.16 | -6.25 | 0.93 | 3.33 | 15.99 | 0.0 | 4.2 | 8.53 | 0 | 0 | 7.76 | -19.92 | 11.96 | -11.8 | 3.28 | -2.67 | 11.04 | -15.47 | 0.00 | 0 |
| 2014 (1) | 13.99 | -16.53 | 21.29 | -31.1 | 4.82 | 7.35 | 0 | 0 | 89.59 | 11.33 | 3.31 | 109.49 | 29.91 | 14.33 | 33.39 | 2.7 | 7.99 | -3.5 | 0 | 0 | 16.17 | 42.34 | 0.9 | -36.62 | 15.99 | 0.0 | 3.87 | 4.31 | 0 | 0 | 9.69 | 24.23 | 13.56 | 17.81 | 3.37 | 83.15 | 13.06 | 35.48 | 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) | 38.53 | -3.26 | 4.19 | 36.99 | 6.66 | 9.15 | 0.12 | 9.09 | -29.41 | 0 | 0 | 0 | 14.15 | -15.02 | -5.67 | -0.47 | -147.47 | -30.56 | 16.52 | -14.45 | -8.37 | 27.76 | -13.23 | 7.08 | 5.87 | -6.68 | -16.14 | 0 | 0 | 0 | 0.74 | -26.0 | -25.25 | 0.1 | 0.0 | 0.0 | 15.99 | 0.0 | 0.0 | 6.19 | 0.0 | 0.65 | 0.44 | 0.0 | -79.63 | 9.53 | -4.8 | 17.36 | 16.15 | -2.94 | -1.7 | -0.7 | -1100.0 | -59.09 | 8.83 | -12.4 | 14.97 | 0.00 | 0 | 0 |
| 23Q3 (19) | 39.83 | -7.31 | 11.63 | 34.68 | -9.02 | -5.22 | 0.11 | 0.0 | 175.0 | 0 | 0 | 0 | 16.65 | 14.35 | -13.64 | 0.99 | 33.78 | 59.68 | 19.31 | 11.43 | -14.78 | 31.99 | 16.28 | 8.24 | 6.29 | -6.4 | -28.85 | 0 | 0 | 0 | 1.0 | 1.01 | -53.27 | 0.1 | 0.0 | 11.11 | 15.99 | 0.0 | 0.0 | 6.19 | 0.0 | 0.65 | 0.44 | 0.0 | -79.63 | 10.01 | 10.98 | 18.6 | 16.64 | 6.33 | -0.6 | 0.07 | 109.33 | -58.82 | 10.08 | 21.89 | 17.07 | 0.00 | 0 | 0 |
| 23Q2 (18) | 42.97 | 2.65 | 27.43 | 38.12 | -0.57 | 5.86 | 0.11 | -35.29 | 175.0 | 0 | 0 | 0 | 14.56 | 2.9 | -15.4 | 0.74 | 202.78 | 535.29 | 17.33 | 0.87 | -23.15 | 27.51 | 5.12 | -1.11 | 6.72 | -12.5 | -37.2 | 0 | 0 | 0 | 0.99 | 2.06 | -53.95 | 0.1 | 11.11 | 11.11 | 15.99 | 0.0 | 0.0 | 6.19 | 0.65 | 0.65 | 0.44 | -79.63 | -79.63 | 9.02 | 21.89 | 15.35 | 15.65 | -0.32 | -2.92 | -0.75 | -63.04 | 11.76 | 8.27 | 19.16 | 18.65 | 0.00 | 0 | 0 |
| 23Q1 (17) | 41.86 | 13.2 | 50.25 | 38.34 | 13.13 | 10.75 | 0.17 | 0.0 | 325.0 | 0 | 0 | 0 | 14.15 | -5.67 | -21.65 | -0.72 | -100.0 | -376.92 | 17.18 | -4.71 | -30.98 | 26.17 | 0.96 | -8.5 | 7.68 | 9.71 | -37.76 | 0 | 0 | 0 | 0.97 | -2.02 | -55.09 | 0.09 | -10.0 | -10.0 | 15.99 | 0.0 | 0.0 | 6.15 | 0.0 | 4.24 | 2.16 | 0.0 | 27.81 | 7.4 | -8.87 | -28.64 | 15.7 | -4.44 | -12.58 | -0.46 | -4.55 | 58.93 | 6.94 | -9.64 | -24.97 | 0.00 | 0 | 0 |
| 22Q4 (16) | 36.98 | 3.64 | 61.27 | 33.89 | -7.38 | -2.47 | 0.17 | 325.0 | 325.0 | 0 | 0 | 0 | 15.0 | -22.2 | -32.19 | -0.36 | -158.06 | -176.6 | 18.03 | -20.43 | -36.0 | 25.92 | -12.29 | -16.22 | 7.0 | -20.81 | -44.62 | 0 | 0 | 0 | 0.99 | -53.74 | -15.38 | 0.1 | 11.11 | 0.0 | 15.99 | 0.0 | 0.0 | 6.15 | 0.0 | 4.24 | 2.16 | 0.0 | 27.81 | 8.12 | -3.79 | -19.68 | 16.43 | -1.85 | -7.23 | -0.44 | -358.82 | 79.63 | 7.68 | -10.8 | -3.4 | 0.00 | 0 | 0 |
| 22Q3 (15) | 35.68 | 5.81 | 91.62 | 36.59 | 1.61 | 14.52 | 0.04 | 0.0 | -78.95 | 0 | 0 | 0 | 19.28 | 12.03 | -18.51 | 0.62 | 464.71 | 21.57 | 22.66 | 0.49 | -23.68 | 29.56 | 6.23 | -9.56 | 8.84 | -17.38 | -44.09 | 0 | 0 | 0 | 2.14 | -0.47 | 81.36 | 0.09 | 0.0 | -10.0 | 15.99 | 0.0 | 0.0 | 6.15 | 0.0 | 4.24 | 2.16 | 0.0 | 27.81 | 8.44 | 7.93 | -12.36 | 16.74 | 3.85 | -2.79 | 0.17 | 120.0 | 107.11 | 8.61 | 23.53 | 18.92 | 0.00 | 0 | 0 |
| 22Q2 (14) | 33.72 | 21.03 | 39.98 | 36.01 | 4.02 | 10.19 | 0.04 | 0.0 | -78.95 | 0 | 0 | 0 | 17.21 | -4.71 | -25.72 | -0.17 | -165.38 | -115.45 | 22.55 | -9.4 | -19.2 | 27.82 | -2.74 | -11.05 | 10.7 | -13.29 | -23.35 | 0 | 0 | 0 | 2.15 | -0.46 | -1.83 | 0.09 | -10.0 | -18.18 | 15.99 | 0.0 | 0.0 | 6.15 | 4.24 | 4.24 | 2.16 | 27.81 | 8.0 | 7.82 | -24.59 | -18.63 | 16.12 | -10.24 | -7.99 | -0.85 | 24.11 | 64.29 | 6.97 | -24.65 | -3.6 | 0.00 | 0 | 0 |
| 22Q1 (13) | 27.86 | 21.5 | 12.2 | 34.62 | -0.37 | 5.36 | 0.04 | 0.0 | -88.24 | 0 | 0 | 0 | 18.06 | -18.35 | -18.24 | 0.26 | -44.68 | -21.21 | 24.89 | -11.64 | -9.72 | 28.61 | -7.55 | -8.92 | 12.34 | -2.37 | 9.2 | 0 | 0 | 0 | 2.16 | 84.62 | -1.82 | 0.1 | 0.0 | -9.09 | 15.99 | 0.0 | 0.0 | 5.9 | 0.0 | 0.0 | 1.69 | 0.0 | -15.5 | 10.37 | 2.57 | 21.86 | 17.96 | 1.41 | 9.38 | -1.12 | 48.15 | 41.67 | 9.25 | 16.35 | 40.36 | 0.00 | 0 | 0 |
| 21Q4 (12) | 22.93 | 23.15 | -18.72 | 34.75 | 8.76 | -4.56 | 0.04 | -78.95 | -88.24 | 0 | 0 | 0 | 22.12 | -6.51 | 0.87 | 0.47 | -7.84 | 209.3 | 28.17 | -5.12 | 3.45 | 30.94 | -5.32 | -5.59 | 12.64 | -20.05 | 29.91 | 0 | 0 | 0 | 1.17 | -0.85 | -47.06 | 0.1 | 0.0 | -9.09 | 15.99 | 0.0 | 0.0 | 5.9 | 0.0 | 0.0 | 1.69 | 0.0 | -15.5 | 10.11 | 4.98 | 23.59 | 17.71 | 2.85 | 10.07 | -2.16 | 9.62 | -27.81 | 7.95 | 9.81 | 22.5 | 0.00 | 0 | 0 |
| 21Q3 (11) | 18.62 | -22.71 | -41.78 | 31.95 | -2.23 | -13.18 | 0.19 | 0.0 | -94.44 | 0 | 0 | 0 | 23.66 | 2.11 | 7.35 | 0.51 | -53.64 | 182.26 | 29.69 | 6.38 | 12.33 | 32.68 | 4.48 | 0.61 | 15.81 | 13.25 | 64.69 | 0 | 0 | 0 | 1.18 | -46.12 | -50.21 | 0.1 | -9.09 | -9.09 | 15.99 | 0.0 | 0.0 | 5.9 | 0.0 | 0.0 | 1.69 | -15.5 | -15.5 | 9.63 | 0.21 | 11.59 | 17.22 | -1.71 | 4.11 | -2.39 | -0.42 | -14.9 | 7.24 | 0.14 | 10.53 | 0.00 | 0 | 0 |
| 21Q2 (10) | 24.09 | -2.98 | -26.06 | 32.68 | -0.55 | -2.85 | 0.19 | -44.12 | -96.76 | 0 | 0 | 0 | 23.17 | 4.89 | 6.68 | 1.1 | 233.33 | -26.17 | 27.91 | 1.23 | 13.0 | 31.28 | -0.41 | 1.57 | 13.96 | 23.54 | 52.24 | 0 | 0 | 0 | 2.19 | -0.45 | -8.37 | 0.11 | 0.0 | 10.0 | 15.99 | 0.0 | 0.0 | 5.9 | 0.0 | 0.0 | 2.0 | 0.0 | 0.0 | 9.61 | 12.93 | 3.89 | 17.52 | 6.7 | 2.1 | -2.38 | -23.96 | 5.56 | 7.23 | 9.71 | 7.43 | 0.00 | 0 | 0 |
| 21Q1 (9) | 24.83 | -11.98 | -25.3 | 32.86 | -9.75 | 8.77 | 0.34 | 0.0 | -95.36 | 0 | 0 | 0 | 22.09 | 0.73 | 27.03 | 0.33 | 176.74 | 125.98 | 27.57 | 1.25 | 23.69 | 31.41 | -4.17 | 9.74 | 11.3 | 16.14 | 16.86 | 0 | 0 | 0 | 2.2 | -0.45 | 41.94 | 0.11 | 0.0 | 37.5 | 15.99 | 0.0 | 0.0 | 5.9 | 0.0 | 6.31 | 2.0 | 0.0 | 156.41 | 8.51 | 4.03 | -28.43 | 16.42 | 2.05 | -9.88 | -1.92 | -13.61 | 4.48 | 6.59 | 1.54 | -33.3 | 0.00 | 0 | 0 |
| 20Q4 (8) | 28.21 | -11.79 | -0.04 | 36.41 | -1.06 | 36.98 | 0.34 | -90.06 | -95.41 | 0 | 0 | 0 | 21.93 | -0.5 | 8.46 | -0.43 | 30.65 | -430.77 | 27.23 | 3.03 | 13.27 | 32.78 | 0.91 | 7.94 | 9.73 | 1.35 | 16.53 | 0 | 0 | 0 | 2.21 | -6.75 | 41.67 | 0.11 | 0.0 | 37.5 | 15.99 | 0.0 | 0.0 | 5.9 | 0.0 | 6.31 | 2.0 | 0.0 | 156.41 | 8.18 | -5.21 | -37.84 | 16.09 | -2.72 | -17.44 | -1.69 | 18.75 | 12.44 | 6.49 | -0.92 | -42.21 | 0.00 | 0 | 0 |
| 20Q3 (7) | 31.98 | -1.84 | 35.16 | 36.8 | 9.39 | 68.11 | 3.42 | -41.74 | 6.88 | 0 | 0 | 0 | 22.04 | 1.47 | 5.56 | -0.62 | -141.61 | -160.78 | 26.43 | 7.0 | 5.51 | 32.48 | 5.48 | 0 | 9.6 | 4.69 | 14.29 | 0 | 0 | 0 | 2.37 | -0.84 | -68.44 | 0.11 | 10.0 | -84.93 | 15.99 | 0.0 | 0.0 | 5.9 | 0.0 | 6.31 | 2.0 | 0.0 | 156.41 | 8.63 | -6.7 | -33.92 | 16.54 | -3.61 | -14.7 | -2.08 | 17.46 | -20.23 | 6.55 | -2.67 | -42.19 | 0.00 | 0 | 0 |
| 20Q2 (6) | 32.58 | -1.99 | -7.18 | 33.64 | 11.35 | 26.23 | 5.87 | -19.92 | 128.4 | 0 | 0 | 0 | 21.72 | 24.9 | 12.02 | 1.49 | 217.32 | -12.35 | 24.7 | 10.81 | 0.69 | 30.79 | 7.59 | 0 | 9.17 | -5.17 | 15.93 | 0 | 0 | 0 | 2.39 | 54.19 | -73.27 | 0.1 | 25.0 | -86.3 | 15.99 | 0.0 | 0.0 | 5.9 | 6.31 | 6.31 | 2.0 | 156.41 | 156.41 | 9.25 | -22.2 | -23.17 | 17.16 | -5.82 | -6.59 | -2.52 | -25.37 | -600.0 | 6.73 | -31.88 | -42.38 | 0.00 | 0 | 0 |
| 20Q1 (5) | 33.24 | 17.79 | -22.64 | 30.21 | 13.66 | -6.73 | 7.33 | -1.08 | 107.06 | 0 | 0 | 0 | 17.39 | -14.0 | -6.91 | -1.27 | -1076.92 | -284.06 | 22.29 | -7.28 | -4.01 | 28.62 | -5.74 | 0 | 9.67 | 15.81 | 22.25 | 0 | 0 | 0 | 1.55 | -0.64 | -83.92 | 0.08 | 0.0 | -88.89 | 15.99 | 0.0 | 0.0 | 5.55 | 0.0 | 11.22 | 0.78 | 0.0 | 188.89 | 11.89 | -9.65 | -22.79 | 18.22 | -6.52 | -11.81 | -2.01 | -4.15 | -1440.0 | 9.88 | -12.02 | -36.46 | 0.00 | 0 | 0 |
| 19Q4 (4) | 28.22 | 19.27 | 0.0 | 26.58 | 21.43 | 0.0 | 7.41 | 131.56 | 0.0 | 0 | 0 | 0.0 | 20.22 | -3.16 | 0.0 | 0.13 | -87.25 | 0.0 | 24.04 | -4.03 | 0.0 | 30.37 | 0 | 0.0 | 8.35 | -0.6 | 0.0 | 0 | 0 | 0.0 | 1.56 | -79.23 | 0.0 | 0.08 | -89.04 | 0.0 | 15.99 | 0.0 | 0.0 | 5.55 | 0.0 | 0.0 | 0.78 | 0.0 | 0.0 | 13.16 | 0.77 | 0.0 | 19.49 | 0.52 | 0.0 | -1.93 | -11.56 | 0.0 | 11.23 | -0.88 | 0.0 | 0.00 | 0 | 0.0 |
