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) | 21.89 | -59.38 | 18.91 | -26.68 | 0 | 0 | 0 | 0 | 100.32 | -33.35 | 19.68 | -38.84 | 12.62 | 1.77 | 12.58 | 52.7 | 69.31 | 34.17 | 0 | 0 | 0 | 0 | 0.38 | -28.3 | 8.54 | 0.0 | 6.53 | 96.69 | 0 | 0 | 52.29 | 4.56 | 58.82 | 6.23 | 1.2 | -51.42 | 53.49 | 1.92 | 0.00 | -1.69 |
| 2022 (9) | 53.89 | 32.21 | 25.79 | 0 | 0 | 0 | 0 | 0 | 150.52 | 30.32 | 32.18 | 32.16 | 12.4 | -50.95 | 8.24 | -62.36 | 51.66 | 43.26 | 0 | 0 | 0 | 0 | 0.53 | 32.5 | 8.54 | 0.0 | 3.32 | 277.27 | 2.04 | 58.14 | 50.01 | 47.83 | 55.37 | 53.81 | 2.47 | 0 | 52.48 | 65.08 | 0.00 | 0 |
| 2021 (8) | 40.76 | 141.33 | 0 | 0 | 0 | 0 | 0 | 0 | 115.5 | 83.13 | 24.35 | 169.66 | 25.28 | 49.23 | 21.89 | -18.51 | 36.06 | 73.37 | 0 | 0 | 0 | 0 | 0.4 | 48.15 | 8.54 | 33.86 | 0.88 | 0 | 1.29 | 0 | 33.83 | 109.09 | 36.0 | 122.5 | -2.04 | 0 | 31.79 | 113.5 | 0.00 | 0 |
| 2020 (7) | 16.89 | -1.11 | 0 | 0 | 0 | 0 | 0 | 0 | 63.07 | 29.8 | 9.03 | 50.5 | 16.94 | 120.57 | 26.86 | 69.93 | 20.8 | 36.75 | 0 | 0 | 0 | 0 | 0.27 | 28.57 | 6.38 | 0.0 | 0 | 0 | 0 | 0 | 16.18 | 119.54 | 16.18 | 119.54 | -1.29 | 0 | 14.89 | 166.85 | 0.00 | -82.5 |
| 2019 (6) | 17.08 | 119.54 | 0 | 0 | 0 | 0 | 0 | 0 | 48.59 | 3.78 | 6.0 | 35.14 | 7.68 | -24.19 | 15.81 | -26.95 | 15.21 | -10.16 | 0 | 0 | 0 | 0 | 0.21 | -32.26 | 6.38 | 0.0 | 0 | 0 | 0 | 0 | 7.37 | 161.35 | 7.37 | 161.35 | -1.79 | 0 | 5.58 | 177.61 | 0.01 | 0.14 |
| 2018 (5) | 7.78 | 59.43 | 0 | 0 | 0 | 0 | 0 | 0 | 46.82 | 21.55 | 4.44 | 19.03 | 10.13 | 6.97 | 21.64 | -11.99 | 16.93 | 24.85 | 0 | 0 | 0 | 0 | 0.31 | 10.71 | 6.38 | 10.76 | 0 | 0 | 0 | 0 | 2.82 | -63.52 | 2.82 | -63.52 | -0.81 | 0 | 2.01 | -72.65 | 0.01 | 129.36 |
| 2017 (4) | 4.88 | 0 | 1.35 | 0 | 0 | 0 | 0 | 0 | 38.52 | 0 | 3.73 | 0 | 9.47 | 0 | 24.58 | 0 | 13.56 | 0 | 0 | 0 | 0 | 0 | 0.28 | 0 | 5.76 | 0 | 0 | 0 | 0 | 0 | 7.73 | 0 | 7.73 | 0 | -0.38 | 0 | 7.35 | 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) | 21.89 | -29.82 | -59.38 | 18.91 | 2.77 | -26.68 | 0 | 0 | 0 | 0 | 0 | 0 | 24.86 | 10.29 | -27.46 | 4.68 | 4.93 | -34.91 | 12.62 | 76.01 | 1.77 | 12.58 | 92.52 | 52.72 | 69.31 | 4.81 | 34.17 | 0 | 0 | 0 | 0 | 0 | 0 | 0.38 | -29.63 | -28.3 | 8.54 | 0.0 | 0.0 | 6.53 | 0.0 | 96.69 | 0 | 0 | -100.0 | 52.29 | 9.83 | 4.56 | 58.82 | 8.64 | 6.23 | 1.2 | -80.61 | -51.42 | 53.49 | -0.58 | 1.92 | 0.00 | 0.24 | -1.69 |
| 23Q3 (19) | 31.19 | -34.84 | -9.23 | 18.4 | -32.65 | -45.59 | 0 | 0 | 0 | 0 | 0 | 0 | 22.54 | -4.89 | -44.14 | 4.46 | 1.59 | -51.2 | 7.17 | -16.04 | -71.97 | 6.53 | -2.41 | -62.11 | 66.13 | 9.11 | 23.65 | 0 | 0 | 0 | 0 | 0 | 0 | 0.54 | 12.5 | -8.47 | 8.54 | 0.0 | 0.0 | 6.53 | 0.0 | 96.69 | 0 | 0 | -100.0 | 47.61 | 10.34 | 11.19 | 54.14 | 8.98 | 12.37 | 6.19 | 157.92 | 34.27 | 53.8 | 18.11 | 13.43 | 0.00 | -6.37 | 0 |
| 23Q2 (18) | 47.87 | 34.92 | -33.11 | 27.32 | -11.73 | -22.28 | 0 | 0 | 0 | 0 | 0 | 0 | 23.7 | -18.86 | -40.53 | 4.39 | -28.62 | -47.68 | 8.54 | -38.52 | -58.18 | 6.70 | -30.73 | -55.02 | 60.61 | 6.37 | 15.32 | 0 | 0 | 0 | 0 | 0 | 0 | 0.48 | -7.69 | -9.43 | 8.54 | 0.0 | 0.0 | 6.53 | 96.69 | 96.69 | 0 | -100.0 | -100.0 | 43.15 | -23.15 | 28.12 | 49.68 | -19.23 | 27.25 | 2.4 | -11.11 | 17.07 | 45.55 | -22.6 | 27.48 | 0.00 | 10.0 | 0 |
| 23Q1 (17) | 35.48 | -34.16 | -24.53 | 30.95 | 20.01 | 123.79 | 0 | 0 | 0 | 0 | 0 | 0 | 29.21 | -14.77 | -18.97 | 6.15 | -14.46 | -17.56 | 13.89 | 12.02 | -42.41 | 9.67 | 17.35 | -50.01 | 56.98 | 10.3 | 40.17 | 0 | 0 | 0 | 0 | 0 | 0 | 0.52 | -1.89 | 20.93 | 8.54 | 0.0 | 0.0 | 3.32 | 0.0 | 277.27 | 2.04 | 0.0 | 58.14 | 56.15 | 12.28 | 35.99 | 61.51 | 11.09 | 41.53 | 2.7 | 9.31 | 221.43 | 58.85 | 12.14 | 39.69 | 0.00 | -4.77 | 0 |
| 22Q4 (16) | 53.89 | 56.84 | 32.21 | 25.79 | -23.74 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 34.27 | -15.07 | 6.83 | 7.19 | -21.33 | 17.48 | 12.4 | -51.52 | -50.95 | 8.24 | -52.23 | -62.36 | 51.66 | -3.4 | 43.26 | 0 | 0 | 0 | 0 | 0 | 0 | 0.53 | -10.17 | 32.5 | 8.54 | 0.0 | 0.0 | 3.32 | 0.0 | 277.27 | 2.04 | 0.0 | 58.14 | 50.01 | 16.79 | 47.83 | 55.37 | 14.92 | 53.81 | 2.47 | -46.42 | 221.08 | 52.48 | 10.65 | 65.08 | 0.00 | 0 | 0 |
| 22Q3 (15) | 34.36 | -51.99 | -7.88 | 33.82 | -3.78 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40.35 | 1.25 | 38.28 | 9.14 | 8.94 | 49.84 | 25.58 | 25.27 | 8.85 | 17.25 | 15.84 | -21.45 | 53.48 | 1.75 | 70.26 | 0 | 0 | 0 | 0 | 0 | 0 | 0.59 | 11.32 | 156.52 | 8.54 | 0.0 | 0.0 | 3.32 | 0.0 | 277.27 | 2.04 | 0.0 | 58.14 | 42.82 | 27.14 | 54.53 | 48.18 | 23.41 | 61.19 | 4.61 | 124.88 | 318.48 | 47.43 | 32.75 | 85.27 | 0.00 | 0 | -100.0 |
| 22Q2 (14) | 71.57 | 52.24 | 5.25 | 35.15 | 154.16 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 39.85 | 10.54 | 45.33 | 8.39 | 12.47 | 40.07 | 20.42 | -15.34 | -2.9 | 14.89 | -23.01 | -31.34 | 52.56 | 29.3 | 98.56 | 0 | 0 | 0 | 0 | 0 | 0 | 0.53 | 23.26 | 103.85 | 8.54 | 0.0 | 0.0 | 3.32 | 277.27 | 277.27 | 2.04 | 58.14 | 58.14 | 33.68 | -18.43 | 55.85 | 39.04 | -10.17 | 64.1 | 2.05 | 144.05 | 199.03 | 35.73 | -15.19 | 82.86 | 0.00 | 0 | -100.0 |
| 22Q1 (13) | 47.01 | 15.33 | -32.39 | 13.83 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 36.05 | 12.38 | 34.41 | 7.46 | 21.9 | 21.3 | 24.12 | -4.59 | 29.96 | 19.34 | -11.65 | -6.34 | 40.65 | 12.73 | 60.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0.43 | 7.5 | 59.26 | 8.54 | 0.0 | 0.0 | 0.88 | 0.0 | 0 | 1.29 | 0.0 | 0 | 41.29 | 22.05 | 84.91 | 43.46 | 20.72 | 94.63 | 0.84 | 141.18 | 152.83 | 42.13 | 32.53 | 103.13 | 0.00 | 0 | -100.0 |
| 21Q4 (12) | 40.76 | 9.28 | 141.33 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 32.08 | 9.94 | 35.82 | 6.12 | 0.33 | 44.34 | 25.28 | 7.57 | 49.23 | 21.89 | -0.31 | -3.46 | 36.06 | 14.8 | 73.37 | 0 | 0 | 0 | 0 | 0 | 0 | 0.4 | 73.91 | 48.15 | 8.54 | 0.0 | 33.86 | 0.88 | 0.0 | 0 | 1.29 | 0.0 | 0 | 33.83 | 22.09 | 109.09 | 36.0 | 20.44 | 122.5 | -2.04 | 3.32 | -58.14 | 31.79 | 24.18 | 113.5 | 0.00 | -100.0 | -100.0 |
| 21Q3 (11) | 37.3 | -45.15 | 195.56 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 29.18 | 6.42 | 52.54 | 6.1 | 1.84 | 120.22 | 23.5 | 11.75 | 43.91 | 21.95 | 1.25 | -10.39 | 31.41 | 18.66 | 105.29 | 0 | 0 | 0 | 0 | 0 | 0 | 0.23 | -11.54 | 27.78 | 8.54 | 0.0 | 33.86 | 0.88 | 0.0 | 0 | 1.29 | 0.0 | 0 | 27.71 | 28.23 | 132.08 | 29.89 | 25.64 | 150.34 | -2.11 | -1.93 | -4.46 | 25.6 | 31.01 | 158.06 | 0.00 | 5.47 | -51.56 |
| 21Q2 (10) | 68.0 | -2.2 | 322.1 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 27.42 | 2.24 | 34.94 | 5.99 | -2.6 | 195.07 | 21.03 | 13.31 | 443.41 | 21.68 | 5.01 | 239.69 | 26.47 | 4.71 | 63.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0.26 | -3.7 | 36.84 | 8.54 | 0.0 | 33.86 | 0.88 | 0 | 0 | 1.29 | 0 | 0 | 21.61 | -3.22 | 135.4 | 23.79 | 6.54 | 159.15 | -2.07 | -30.19 | 17.86 | 19.54 | -5.79 | 193.39 | 0.00 | -0.98 | -58.84 |
| 21Q1 (9) | 69.53 | 311.66 | 284.14 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26.82 | 13.55 | 130.21 | 6.15 | 45.05 | 304.61 | 18.56 | 9.56 | 196.49 | 20.65 | -8.93 | 98.69 | 25.28 | 21.54 | 61.02 | 0 | 0 | 0 | 0 | 0 | 0 | 0.27 | 0.0 | 50.0 | 8.54 | 33.86 | 33.86 | 0 | 0 | 0 | 0 | 0 | 0 | 22.33 | 38.01 | 0 | 22.33 | 38.01 | 151.46 | -1.59 | -23.26 | 24.29 | 20.74 | 39.29 | 1087.62 | 0.00 | -53.92 | -92.1 |
| 20Q4 (8) | 16.89 | 33.84 | -1.11 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23.62 | 23.47 | 51.9 | 4.24 | 53.07 | 83.55 | 16.94 | 3.74 | 120.57 | 22.67 | -7.47 | 43.44 | 20.8 | 35.95 | 36.75 | 0 | 0 | 0 | 0 | 0 | 0 | 0.27 | 50.0 | 28.57 | 6.38 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.18 | 35.51 | 119.54 | 16.18 | 35.51 | 119.54 | -1.29 | 36.14 | 27.93 | 14.89 | 50.1 | 166.85 | 0.00 | 0.67 | -82.5 |
| 20Q3 (7) | 12.62 | -21.66 | -15.25 | 0.86 | 290.91 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19.13 | -5.86 | 45.92 | 2.77 | 36.45 | 65.87 | 16.33 | 321.96 | 141.93 | 24.50 | 283.85 | 0 | 15.3 | -5.38 | -4.79 | 0 | 0 | 0 | 0 | 0 | 0 | 0.18 | -5.26 | -28.0 | 6.38 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.94 | 30.07 | 83.41 | 11.94 | 30.07 | 83.41 | -2.02 | 19.84 | -33.77 | 9.92 | 48.95 | 98.4 | 0.00 | -10.4 | -81.79 |
| 20Q2 (6) | 16.11 | -10.99 | 63.89 | 0.22 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20.32 | 74.42 | 1.96 | 2.03 | 33.55 | 0.5 | 3.87 | -38.18 | -52.22 | 6.38 | -38.58 | 0 | 16.17 | 2.99 | 11.36 | 0 | 0 | 0 | 0 | 0 | 0 | 0.19 | 5.56 | -29.63 | 6.38 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.18 | 0 | 89.67 | 9.18 | 3.38 | 89.67 | -2.52 | -20.0 | -320.0 | 6.66 | 417.14 | 57.08 | 0.00 | -81.0 | -80.92 |
| 20Q1 (5) | 18.1 | 5.97 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.65 | -25.08 | 0 | 1.52 | -34.2 | 0 | 6.26 | -18.49 | 0 | 10.39 | -34.25 | 0 | 15.7 | 3.22 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.18 | -14.29 | 0 | 6.38 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0 | 8.88 | 20.49 | 0 | -2.1 | -17.32 | 0 | -2.1 | -137.63 | 0 | 0.01 | 2.1 | 0 |
| 19Q4 (4) | 17.08 | 14.71 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 15.55 | 18.61 | 0.0 | 2.31 | 38.32 | 0.0 | 7.68 | 13.78 | 0.0 | 15.81 | 0 | 0.0 | 15.21 | -5.35 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0.21 | -16.0 | 0.0 | 6.38 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 7.37 | 13.21 | 0.0 | 7.37 | 13.21 | 0.0 | -1.79 | -18.54 | 0.0 | 5.58 | 11.6 | 0.0 | 0.01 | 4.74 | 0.0 |
