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) | 58.63 | 5.32 | 9.22 | 18.05 | 3.85 | 121.26 | 0 | 0 | 142.08 | -23.3 | 5.45 | -69.86 | 25.35 | -24.37 | 17.84 | -1.39 | 15.38 | -15.4 | 0 | 0 | 13.51 | 56.73 | 0.17 | -52.78 | 19.6 | 0.0 | 3.91 | 86.19 | 0 | 0 | 32.18 | 5.4 | 36.09 | -11.06 | 0.66 | -61.85 | 32.84 | 1.8 | 0.00 | 0 |
| 2022 (9) | 55.67 | -7.86 | 7.81 | 92.36 | 1.74 | -17.54 | 0 | 0 | 185.25 | 50.17 | 18.08 | 179.44 | 33.52 | 90.02 | 18.09 | 26.54 | 18.18 | 17.37 | 0 | 0 | 8.62 | 62.64 | 0.36 | 24.14 | 19.6 | 0.0 | 2.1 | 43.84 | 7.95 | 44.55 | 30.53 | 74.36 | 40.58 | 65.9 | 1.73 | 0 | 32.26 | 237.45 | -0.00 | 0 |
| 2021 (8) | 60.42 | 23.28 | 4.06 | -50.73 | 2.11 | -59.58 | 0 | 0 | 123.36 | -8.72 | 6.47 | 58.19 | 17.64 | -30.71 | 14.30 | -24.09 | 15.49 | -7.8 | 0 | 0 | 5.3 | 45.6 | 0.29 | 123.08 | 19.6 | 12.45 | 1.46 | 39.05 | 5.5 | 366.1 | 17.51 | -6.46 | 24.46 | 16.7 | -7.95 | 0 | 9.56 | -27.69 | 0.00 | 0 |
| 2020 (7) | 49.01 | -10.34 | 8.24 | -22.99 | 5.22 | 182.16 | 0 | 0 | 135.15 | -21.46 | 4.09 | -61.01 | 25.46 | -0.78 | 18.84 | 26.33 | 16.8 | -23.67 | 0 | 0 | 3.64 | -60.86 | 0.13 | -51.85 | 17.43 | 0.0 | 1.05 | 0 | 1.18 | 0 | 18.72 | 0.59 | 20.96 | 12.63 | -5.5 | 0 | 13.22 | -24.15 | 0.00 | 0 |
| 2019 (6) | 54.66 | 9.39 | 10.7 | 45.58 | 1.85 | 3.35 | 0 | 0 | 172.08 | -0.64 | 10.49 | -25.55 | 25.66 | -29.23 | 14.91 | -28.78 | 22.01 | 30.7 | 0 | 0 | 9.3 | -7.83 | 0.27 | 8.0 | 17.43 | 0.0 | 0 | 0 | 0 | 0 | 18.61 | 23.33 | 18.61 | 23.33 | -1.18 | 0 | 17.43 | 12.6 | 0.00 | 0 |
| 2018 (5) | 49.97 | 55.91 | 7.35 | 23.32 | 1.79 | 23.45 | 0 | 0 | 173.18 | 8.12 | 14.09 | -38.2 | 36.26 | 21.15 | 20.94 | 12.06 | 16.84 | -18.09 | 0 | 0 | 10.09 | 61.18 | 0.25 | 127.27 | 17.43 | -66.58 | 0 | 0 | 0 | 0 | 15.09 | 1409.0 | 15.09 | 1409.0 | 0.39 | 0 | 15.48 | 0 | 0.00 | 0 |
| 2017 (4) | 32.05 | 0 | 5.96 | 0 | 1.45 | 0 | 0 | 0 | 160.18 | 0 | 22.8 | 0 | 29.93 | 0 | 18.69 | 0 | 20.56 | 0 | 0 | 0 | 6.26 | 0 | 0.11 | 0 | 52.16 | 0 | 0 | 0 | 0 | 0 | 1.0 | 0 | 1.0 | 0 | -1.92 | 0 | -0.92 | 0 | 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) | 58.63 | -9.83 | 5.32 | 9.22 | 6.96 | 18.05 | 3.85 | 118.75 | 121.26 | 0 | 0 | 0 | 40.27 | 36.46 | -15.7 | 1.67 | 103.66 | -51.87 | 25.35 | 32.93 | -24.37 | 17.84 | 39.95 | -1.39 | 15.38 | -12.01 | -15.4 | 0 | 0 | 0 | 13.51 | -20.67 | 56.73 | 0.17 | -52.78 | -52.78 | 19.6 | 0.0 | 0.0 | 3.91 | 0.0 | 86.19 | 0 | 0 | -100.0 | 32.18 | 5.47 | 5.4 | 36.09 | 4.85 | -11.06 | 0.66 | -89.98 | -61.85 | 32.84 | -11.48 | 1.8 | 0.00 | -48.43 | 114.86 |
| 23Q3 (19) | 65.02 | -4.16 | 38.16 | 8.62 | -3.04 | 770.71 | 1.76 | -25.42 | 40.8 | 0 | 0 | 0 | 29.51 | -23.61 | -43.46 | 0.82 | -67.2 | -87.56 | 19.07 | -19.19 | -49.02 | 12.75 | -6.94 | -43.34 | 17.48 | 25.66 | -22.69 | 0 | 0 | 0 | 17.03 | 9.59 | 16.25 | 0.36 | 5.88 | 5.88 | 19.6 | 0.0 | 0.0 | 3.91 | 0.0 | 86.19 | 0 | 0 | -100.0 | 30.51 | 2.76 | 12.75 | 34.42 | 2.44 | -7.25 | 6.59 | 76.68 | 33.4 | 37.1 | 11.01 | 15.94 | 0.00 | -2.63 | 150.35 |
| 23Q2 (18) | 67.84 | 14.79 | 40.6 | 8.89 | 22.12 | 183.12 | 2.36 | -30.38 | 124.76 | 0 | 0 | 0 | 38.63 | 14.77 | -18.83 | 2.5 | 443.48 | -44.81 | 23.6 | 1.46 | -30.16 | 13.70 | 6.74 | -46.7 | 13.91 | -27.51 | -35.0 | 0 | 0 | 0 | 15.54 | 125.54 | 6.0 | 0.34 | -2.86 | 6.25 | 19.6 | 0.0 | 0.0 | 3.91 | 86.19 | 86.19 | 0 | -100.0 | -100.0 | 29.69 | -4.19 | 44.97 | 33.6 | -18.13 | 10.06 | 3.73 | 203.25 | 386.92 | 33.42 | 3.72 | 74.24 | 0.00 | 123.01 | 194.03 |
| 23Q1 (17) | 59.1 | 6.16 | 18.22 | 7.28 | -6.79 | -30.07 | 3.39 | 94.83 | 51.34 | 0 | 0 | 0 | 33.66 | -29.54 | -10.69 | 0.46 | -86.74 | -86.86 | 23.26 | -30.61 | -19.29 | 12.84 | -29.07 | -44.78 | 19.19 | 5.56 | -10.66 | 0 | 0 | 0 | 6.89 | -20.07 | 7.99 | 0.35 | -2.78 | 25.0 | 19.6 | 0.0 | 0.0 | 2.1 | 0.0 | 43.84 | 7.95 | 0.0 | 44.55 | 30.99 | 1.51 | 47.57 | 41.04 | 1.13 | 46.78 | 1.23 | -28.9 | 127.03 | 32.22 | -0.12 | 95.87 | -0.00 | -28.64 | -711.61 |
| 22Q4 (16) | 55.67 | 18.3 | -7.86 | 7.81 | 688.89 | 92.36 | 1.74 | 39.2 | -17.54 | 0 | 0 | 0 | 47.77 | -8.47 | 65.93 | 3.47 | -47.34 | 139.31 | 33.52 | -10.4 | 90.02 | 18.10 | -19.58 | 26.56 | 18.18 | -19.59 | 17.37 | 0 | 0 | 0 | 8.62 | -41.16 | 62.64 | 0.36 | 5.88 | 24.14 | 19.6 | 0.0 | 0.0 | 2.1 | 0.0 | 43.84 | 7.95 | 0.0 | 44.55 | 30.53 | 12.82 | 74.36 | 40.58 | 9.35 | 65.9 | 1.73 | -64.98 | 121.76 | 32.26 | 0.81 | 237.45 | -0.00 | -74.7 | 0 |
| 22Q3 (15) | 47.06 | -2.47 | -28.19 | 0.99 | -68.47 | -90.02 | 1.25 | 19.05 | -71.4 | 0 | 0 | 0 | 52.19 | 9.67 | 200.29 | 6.59 | 45.47 | 536.42 | 37.41 | 10.71 | 270.4 | 22.50 | -12.47 | 185.83 | 22.61 | 5.65 | 56.25 | 0 | 0 | 0 | 14.65 | -0.07 | 257.32 | 0.34 | 6.25 | 277.78 | 19.6 | 0.0 | 0.0 | 2.1 | 0.0 | 43.84 | 7.95 | 0.0 | 44.55 | 27.06 | 32.13 | 68.28 | 37.11 | 21.55 | 61.14 | 4.94 | 480.0 | 167.58 | 32.0 | 66.84 | 264.88 | -0.00 | -81.85 | 0 |
| 22Q2 (14) | 48.25 | -3.48 | -26.6 | 3.14 | -69.84 | -45.39 | 1.05 | -53.12 | -77.47 | 0 | 0 | 0 | 47.59 | 26.27 | 18.59 | 4.53 | 29.43 | 25.14 | 33.79 | 17.24 | 21.94 | 25.71 | 10.59 | 21.73 | 21.4 | -0.37 | 57.01 | 0 | 0 | 0 | 14.66 | 129.78 | 174.02 | 0.32 | 14.29 | 190.91 | 19.6 | 0.0 | 0.0 | 2.1 | 43.84 | 100.0 | 7.95 | 44.55 | 573.73 | 20.48 | -2.48 | -18.92 | 30.53 | 9.19 | 11.06 | -1.3 | 71.43 | 82.96 | 19.18 | 16.6 | 8.79 | -0.00 | -98.6 | 0 |
| 22Q1 (13) | 49.99 | -17.26 | 0.26 | 10.41 | 156.4 | 64.72 | 2.24 | 6.16 | -55.91 | 0 | 0 | 0 | 37.69 | 30.91 | 1.67 | 3.5 | 141.38 | 19.86 | 28.82 | 63.38 | 14.73 | 23.24 | 62.56 | 23.06 | 21.48 | 38.67 | 26.06 | 0 | 0 | 0 | 6.38 | 20.38 | 12.32 | 0.28 | -3.45 | 180.0 | 19.6 | 0.0 | 12.45 | 1.46 | 0.0 | 39.05 | 5.5 | 0.0 | 366.1 | 21.0 | 19.93 | -2.96 | 27.96 | 14.31 | 17.13 | -4.55 | 42.77 | 14.63 | 16.45 | 72.07 | 0.86 | -0.00 | 0 | 0 |
| 21Q4 (12) | 60.42 | -7.8 | 23.28 | 4.06 | -59.07 | -50.73 | 2.11 | -51.72 | -59.58 | 0 | 0 | 0 | 28.79 | 65.65 | -14.62 | 1.45 | 196.03 | -40.82 | 17.64 | 74.65 | -30.71 | 14.30 | 81.63 | -46.13 | 15.49 | 7.05 | -7.8 | 0 | 0 | 0 | 5.3 | 29.27 | 45.6 | 0.29 | 222.22 | 123.08 | 19.6 | 0.0 | 12.45 | 1.46 | 0.0 | 39.05 | 5.5 | 0.0 | 366.1 | 17.51 | 8.89 | -6.46 | 24.46 | 6.21 | 16.7 | -7.95 | -8.76 | -44.55 | 9.56 | 9.01 | -27.69 | 0.00 | 0 | 0 |
| 21Q3 (11) | 65.53 | -0.32 | 5.57 | 9.92 | 72.52 | 15.48 | 4.37 | -6.22 | 126.42 | 0 | 0 | 0 | 17.38 | -56.69 | -14.38 | -1.51 | -141.71 | 14.69 | 10.1 | -63.55 | -16.87 | 7.87 | -62.72 | -59.7 | 14.47 | 6.16 | -7.24 | 0 | 0 | 0 | 4.1 | -23.36 | -44.89 | 0.09 | -18.18 | -40.0 | 19.6 | 0.0 | 12.45 | 1.46 | 39.05 | 39.05 | 5.5 | 366.1 | 366.1 | 16.08 | -36.34 | -1.17 | 23.03 | -16.22 | 24.49 | -7.31 | 4.19 | -85.53 | 8.77 | -50.26 | -28.87 | 0.00 | 0 | 0 |
| 21Q2 (10) | 65.74 | 31.85 | 52.35 | 5.75 | -9.02 | -41.74 | 4.66 | -8.27 | 170.93 | 0 | 0 | 0 | 40.13 | 8.25 | -4.22 | 3.62 | 23.97 | 63.8 | 27.71 | 10.31 | -29.31 | 21.12 | 11.8 | -77.43 | 13.63 | -20.01 | 12.92 | 0 | 0 | 0 | 5.35 | -5.81 | -36.46 | 0.11 | 10.0 | -42.11 | 19.6 | 12.45 | 12.45 | 1.05 | 0.0 | 0.0 | 1.18 | 0.0 | 0.0 | 25.26 | 16.73 | 40.02 | 27.49 | 15.17 | 35.62 | -7.63 | -43.15 | -220.59 | 17.63 | 8.09 | 12.58 | 0.00 | 0 | 0 |
| 21Q1 (9) | 49.86 | 1.73 | 0 | 6.32 | -23.3 | 0 | 5.08 | -2.68 | 0 | 0 | 0 | 0 | 37.07 | 9.93 | 0 | 2.92 | 19.18 | 0 | 25.12 | -1.34 | 0 | 18.89 | -28.84 | 0 | 17.04 | 1.43 | 0 | 0 | 0 | 0 | 5.68 | 56.04 | 0 | 0.1 | -23.08 | 0 | 17.43 | 0.0 | 0 | 1.05 | 0.0 | 0 | 1.18 | 0.0 | 0 | 21.64 | 15.6 | 0 | 23.87 | 13.88 | 0 | -5.33 | 3.09 | 0 | 16.31 | 23.37 | 0 | 0.00 | 0 | 0 |
| 20Q4 (8) | 49.01 | -21.04 | 0 | 8.24 | -4.07 | 0 | 5.22 | 170.47 | 0 | 0 | 0 | 0 | 33.72 | 66.11 | 0 | 2.45 | 238.42 | 0 | 25.46 | 109.55 | 0 | 26.54 | 35.88 | 0 | 16.8 | 7.69 | 0 | 0 | 0 | 0 | 3.64 | -51.08 | 0 | 0.13 | -13.33 | 0 | 17.43 | 0.0 | 0 | 1.05 | 0.0 | 0 | 1.18 | 0.0 | 0 | 18.72 | 15.06 | 0 | 20.96 | 13.3 | 0 | -5.5 | -39.59 | 0 | 13.22 | 7.22 | 0 | 0.00 | 0 | 0 |
| 20Q3 (7) | 62.07 | 43.85 | 0 | 8.59 | -12.97 | 0 | 1.93 | 12.21 | 0 | 0 | 0 | 0 | 20.3 | -51.55 | 0 | -1.77 | -180.09 | 0 | 12.15 | -69.01 | 0 | 19.53 | -79.12 | 0 | 15.6 | 29.25 | 0 | 0 | 0 | 0 | 7.44 | -11.64 | 0 | 0.15 | -21.05 | 0 | 17.43 | 0.0 | 0 | 1.05 | 0.0 | 0 | 1.18 | 0.0 | 0 | 16.27 | -9.81 | 0 | 18.5 | -8.73 | 0 | -3.94 | -65.55 | 0 | 12.33 | -21.26 | 0 | 0.00 | 0 | 0 |
| 20Q2 (6) | 43.15 | 0 | 0 | 9.87 | 0 | 0 | 1.72 | 0 | 0 | 0 | 0 | 0 | 41.9 | 0 | 0 | 2.21 | 0 | 0 | 39.2 | 0 | 0 | 93.56 | 0 | 0 | 12.07 | 0 | 0 | 0 | 0 | 0 | 8.42 | 0 | 0 | 0.19 | 0 | 0 | 17.43 | 0 | 0 | 1.05 | 0 | 0 | 1.18 | 0 | 0 | 18.04 | 0 | 0 | 20.27 | 0 | 0 | -2.38 | 0 | 0 | 15.66 | 0 | 0 | 0.00 | 0 | 0 |
