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) | 6.89 | -9.7 | 36.84 | 2.42 | 10.84 | 285.77 | 0 | 0 | 8.46 | -63.72 | -1.45 | 0 | 1.39 | -21.91 | 16.43 | 115.25 | 76.71 | 10.36 | 4.32 | 64.89 | 1.13 | -87.46 | 0.75 | -8.54 | 28.04 | 28.04 | 0.12 | 0 | 0.26 | 420.0 | -1.46 | 0 | -1.08 | 0 | 0 | 0 | -1.46 | 0 | 0.50 | -3.21 |
| 2022 (9) | 7.63 | -6.95 | 35.97 | 14.23 | 2.81 | 4583.33 | 0 | 0 | 23.32 | 125.1 | 1.4 | 0 | 1.78 | -8.72 | 7.63 | -59.45 | 69.51 | 18.5 | 2.62 | -8.07 | 9.01 | 4.28 | 0.82 | 24.24 | 21.9 | -5.81 | 0 | 0 | 0.05 | 0.0 | 1.22 | 0 | 1.26 | 0 | 0.02 | 0 | 1.24 | 0 | 0.52 | -8.18 |
| 2021 (8) | 8.2 | 222.83 | 31.49 | -0.82 | 0.06 | -99.13 | 0 | 0 | 10.36 | -16.18 | -0.86 | 0 | 1.95 | 116.67 | 18.82 | 158.49 | 58.66 | 13.31 | 2.85 | -48.65 | 8.64 | 0 | 0.66 | 1000.0 | 23.25 | 25.88 | 0.36 | 0.0 | 0.05 | 0.0 | -2.29 | 0 | -1.87 | 0 | -0.01 | 0 | -2.3 | 0 | 0.56 | 62.06 |
| 2020 (7) | 2.54 | -19.62 | 31.75 | 7.63 | 6.89 | -6.0 | 0 | 0 | 12.36 | 70.95 | 0.32 | 0 | 0.9 | -44.44 | 7.28 | -67.5 | 51.77 | -1.11 | 5.55 | 93.38 | 0 | 0 | 0.06 | -14.29 | 18.47 | 0.0 | 0.36 | 0.0 | 0.05 | 0.0 | -1.24 | 0 | -0.83 | 0 | 0 | 0 | -1.24 | 0 | 0.35 | 3.49 |
| 2019 (6) | 3.16 | -77.17 | 29.5 | 119.66 | 7.33 | 0 | 0 | 0 | 7.23 | -52.5 | -1.55 | 0 | 1.62 | 8.0 | 22.41 | 127.35 | 52.35 | 80.27 | 2.87 | 1.41 | 0 | 0 | 0.07 | -12.5 | 18.47 | 3.13 | 0.36 | 80.0 | 0.05 | 0 | -1.56 | 0 | -1.15 | 0 | -0.07 | 0 | -1.63 | 0 | 0.33 | 11.58 |
| 2018 (5) | 13.84 | 53.78 | 13.43 | 80.51 | 0 | 0 | 0 | 0 | 15.22 | -29.54 | 1.66 | -50.74 | 1.5 | -28.57 | 9.86 | 1.37 | 29.04 | 28.38 | 2.83 | 0 | 7.72 | 0 | 0.08 | -20.0 | 17.91 | 40.14 | 0.2 | 0 | 0 | 0 | 2.21 | 11.06 | 2.41 | 21.11 | -0.05 | 0 | 2.16 | -33.54 | 0.30 | -13.79 |
| 2017 (4) | 9.0 | 72.41 | 7.44 | -9.05 | 0.39 | -84.27 | 0 | 0 | 21.6 | 275.65 | 3.37 | 0 | 2.1 | -2.78 | 9.72 | -74.12 | 22.62 | -3.7 | 0 | 0 | 0 | 0 | 0.1 | -9.09 | 12.78 | 11.23 | 0 | 0 | 0 | 0 | 1.99 | 0 | 1.99 | 0 | 1.26 | 281.82 | 3.25 | 0 | 0.35 | -16.84 |
| 2016 (3) | 5.22 | -16.35 | 8.18 | 76.29 | 2.48 | -29.94 | 0 | 0 | 5.75 | -30.56 | -1.26 | 0 | 2.16 | 4.85 | 37.57 | 50.99 | 23.49 | 25.48 | 0 | 0 | 0.39 | 0.0 | 0.11 | -8.33 | 11.49 | -32.37 | 0 | 0 | 0 | 0 | -1.33 | 0 | -1.33 | 0 | 0.33 | 0 | -1.0 | 0 | 0.42 | 17.47 |
| 2015 (2) | 6.24 | -21.31 | 4.64 | 300.0 | 3.54 | 359.74 | 0 | 0 | 8.28 | 4.28 | -1.35 | 0 | 2.06 | 15.08 | 24.88 | 10.36 | 18.72 | 30.45 | 0 | 0 | 0.39 | -94.41 | 0.12 | 1100.0 | 16.99 | 21.44 | 0 | 0 | 0 | 0 | -6.01 | 0 | -6.0 | 0 | -0.06 | 0 | -6.07 | 0 | 0.36 | -6.17 |
| 2014 (1) | 7.93 | 2.72 | 1.16 | -52.46 | 0.77 | -75.86 | 0 | 0 | 7.94 | -38.07 | -0.43 | 0 | 1.79 | -39.93 | 22.54 | -3.02 | 14.35 | 65.7 | 0 | 0 | 6.98 | 187.24 | 0.01 | -50.0 | 13.99 | 2.27 | 0 | 0 | 0 | 0 | -4.61 | 0 | -4.61 | 0 | 0.07 | 0 | -4.54 | 0 | 0.38 | 22.77 |
| 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) | 6.89 | -31.85 | -9.7 | 36.84 | -0.73 | 2.42 | 10.84 | 32.52 | 285.77 | 0 | 0 | 0 | 1.91 | 6.11 | -49.2 | -0.45 | -45.16 | -125.0 | 1.39 | -5.44 | -21.91 | 16.43 | 15.24 | 115.25 | 76.71 | 4.18 | 10.36 | 4.32 | 0.23 | 64.89 | 1.13 | -71.61 | -87.46 | 0.75 | -5.06 | -8.54 | 28.04 | 0.47 | 28.04 | 0.12 | 0.0 | 0 | 0.26 | 0.0 | 420.0 | -1.46 | -40.38 | -219.67 | -1.08 | -63.64 | -185.71 | 0 | 0 | -100.0 | -1.46 | -40.38 | -217.74 | 0.50 | 1.53 | -3.21 |
| 23Q3 (19) | 10.11 | 39.45 | 35.16 | 37.11 | 0.3 | 11.98 | 8.18 | 0.49 | 873.81 | 0 | 0 | 0 | 1.8 | 10.43 | -76.95 | -0.31 | -14.81 | -131.31 | 1.47 | 45.54 | -25.0 | 14.26 | 130.39 | 60.04 | 73.63 | 3.28 | 5.32 | 4.31 | 21.75 | 52.84 | 3.98 | -4.78 | -63.05 | 0.79 | -1.25 | 23.44 | 27.91 | 27.38 | 26.12 | 0.12 | 0.0 | 0 | 0.26 | 0.0 | 420.0 | -1.04 | -52.94 | -167.1 | -0.66 | -127.59 | -141.25 | 0 | -100.0 | -100.0 | -1.04 | -60.0 | -166.67 | 0.49 | -8.67 | -4.24 |
| 23Q2 (18) | 7.25 | 60.4 | -25.64 | 37.0 | 15.55 | 14.87 | 8.14 | 56.54 | 1015.07 | 0 | 0 | 0 | 1.63 | -47.76 | -80.22 | -0.27 | 34.15 | -140.3 | 1.01 | -29.37 | -56.28 | 6.19 | -0.76 | -53.09 | 71.29 | 2.0 | 13.41 | 3.54 | 0.28 | 25.09 | 4.18 | -41.7 | -60.49 | 0.8 | 0.0 | 23.08 | 21.91 | 0.0 | -8.63 | 0.12 | 0 | 0 | 0.26 | 420.0 | 420.0 | -0.68 | -871.43 | 47.69 | -0.29 | -866.67 | 76.8 | 0.03 | 50.0 | 0 | -0.65 | -1200.0 | 50.0 | 0.54 | 0.49 | 3.14 |
| 23Q1 (17) | 4.52 | -40.76 | -48.64 | 32.02 | -10.98 | -0.65 | 5.2 | 85.05 | 796.55 | 0 | 0 | 0 | 3.12 | -17.02 | -11.11 | -0.41 | -105.0 | -583.33 | 1.43 | -19.66 | -38.63 | 6.24 | -18.3 | -68.68 | 69.89 | 0.55 | 14.63 | 3.53 | 34.73 | 24.3 | 7.17 | -20.42 | 0.42 | 0.8 | -2.44 | 23.08 | 21.91 | 0.05 | -8.63 | 0 | 0 | -100.0 | 0.05 | 0.0 | 0.0 | -0.07 | -105.74 | 97.02 | -0.03 | -102.38 | 98.45 | 0.02 | 0.0 | 300.0 | -0.05 | -104.03 | 97.88 | 0.54 | 3.88 | -2.49 |
| 22Q4 (16) | 7.63 | 2.01 | -6.95 | 35.97 | 8.54 | 14.23 | 2.81 | 234.52 | 4583.33 | 0 | 0 | 0 | 3.76 | -51.86 | 54.1 | -0.2 | -120.2 | 28.57 | 1.78 | -9.18 | -8.72 | 7.63 | -14.32 | -59.41 | 69.51 | -0.57 | 18.5 | 2.62 | -7.09 | -8.07 | 9.01 | -16.34 | 4.28 | 0.82 | 28.12 | 24.24 | 21.9 | -1.04 | -5.81 | 0 | 0 | -100.0 | 0.05 | 0.0 | 0.0 | 1.22 | -21.29 | 153.28 | 1.26 | -21.25 | 167.38 | 0.02 | 100.0 | 300.0 | 1.24 | -20.51 | 153.91 | 0.52 | 0.44 | -8.18 |
| 22Q3 (15) | 7.48 | -23.28 | -32.85 | 33.14 | 2.89 | -7.84 | 0.84 | 15.07 | -81.82 | 0 | 0 | 0 | 7.81 | -5.22 | 135.24 | 0.99 | 47.76 | 925.0 | 1.96 | -15.15 | -11.71 | 8.91 | -32.47 | -57.86 | 69.91 | 11.22 | 26.08 | 2.82 | -0.35 | -1.4 | 10.77 | 1.8 | 56.54 | 0.64 | -1.54 | -3.03 | 22.13 | -7.71 | 17.84 | 0 | 0 | -100.0 | 0.05 | 0.0 | 0.0 | 1.55 | 219.23 | 180.31 | 1.6 | 228.0 | 205.26 | 0.01 | 0 | 200.0 | 1.56 | 220.0 | 180.41 | 0.51 | -1.63 | -18.99 |
| 22Q2 (14) | 9.75 | 10.8 | 67.81 | 32.21 | -0.06 | -1.92 | 0.73 | 25.86 | -88.09 | 0 | 0 | 0 | 8.24 | 134.76 | 239.09 | 0.67 | 1216.67 | 658.33 | 2.31 | -0.86 | 79.07 | 13.19 | -33.75 | -12.36 | 62.86 | 3.1 | 16.8 | 2.83 | -0.35 | -54.13 | 10.58 | 48.18 | 36.87 | 0.65 | 0.0 | 1200.0 | 23.98 | 0.0 | 33.37 | 0 | -100.0 | -100.0 | 0.05 | 0.0 | 0.0 | -1.3 | 44.68 | 28.18 | -1.25 | 35.23 | 10.71 | 0 | 100.0 | 0 | -1.3 | 44.92 | 28.18 | 0.52 | -5.0 | 43.31 |
| 22Q1 (13) | 8.8 | 7.32 | 34.97 | 32.23 | 2.35 | 6.65 | 0.58 | 866.67 | -91.75 | 0 | 0 | 0 | 3.51 | 43.85 | 61.01 | -0.06 | 78.57 | 81.82 | 2.33 | 19.49 | 92.56 | 19.91 | 5.9 | 113.79 | 60.97 | 3.94 | 15.74 | 2.84 | -0.35 | -47.01 | 7.14 | -17.36 | -7.03 | 0.65 | -1.52 | 983.33 | 23.98 | 3.14 | 33.37 | 0.36 | 0.0 | 0.0 | 0.05 | 0.0 | 0.0 | -2.35 | -2.62 | -39.05 | -1.93 | -3.21 | -50.78 | -0.01 | 0.0 | 0 | -2.36 | -2.61 | -39.64 | 0.55 | -2.18 | 59.94 |
| 21Q4 (12) | 8.2 | -26.39 | 222.83 | 31.49 | -12.43 | -0.82 | 0.06 | -98.7 | -99.13 | 0 | 0 | 0 | 2.44 | -26.51 | -5.06 | -0.28 | -133.33 | -216.67 | 1.95 | -12.16 | 116.67 | 18.80 | -11.06 | 158.45 | 58.66 | 5.79 | 13.31 | 2.85 | -0.35 | -48.65 | 8.64 | 25.58 | 0 | 0.66 | 0.0 | 1000.0 | 23.25 | 23.8 | 25.88 | 0.36 | 0.0 | 0.0 | 0.05 | 0.0 | 0.0 | -2.29 | -18.65 | -84.68 | -1.87 | -23.03 | -125.3 | -0.01 | 0.0 | 0 | -2.3 | -18.56 | -85.48 | 0.56 | -11.39 | 62.06 |
| 21Q3 (11) | 11.14 | 91.74 | 392.92 | 35.96 | 9.5 | 21.61 | 4.62 | -24.63 | -32.75 | 0 | 0 | 0 | 3.32 | 36.63 | 138.85 | -0.12 | 0.0 | -111.65 | 2.22 | 72.09 | 196.0 | 21.14 | 40.46 | 283.95 | 55.45 | 3.03 | 9.3 | 2.86 | -53.65 | -48.93 | 6.88 | -11.0 | 0 | 0.66 | 1220.0 | 1000.0 | 18.78 | 4.45 | 1.68 | 0.36 | 0.0 | 0.0 | 0.05 | 0.0 | 0.0 | -1.93 | -6.63 | -29.53 | -1.52 | -8.57 | -40.74 | -0.01 | 0 | 0 | -1.94 | -7.18 | -30.2 | 0.63 | 74.04 | 81.78 |
| 21Q2 (10) | 5.81 | -10.89 | 54.93 | 32.84 | 8.67 | 17.92 | 6.13 | -12.8 | -11.93 | 0 | 0 | 0 | 2.43 | 11.47 | -64.53 | -0.12 | 63.64 | 72.73 | 1.29 | 6.61 | 152.94 | 15.05 | 61.6 | 282.22 | 53.82 | 2.16 | 6.98 | 6.17 | 15.11 | 114.98 | 7.73 | 0.65 | 0 | 0.05 | -16.67 | -28.57 | 17.98 | 0.0 | -2.65 | 0.36 | 0.0 | 0 | 0.05 | 0.0 | 0 | -1.81 | -7.1 | 13.81 | -1.4 | -9.38 | 33.33 | 0 | 0 | 0 | -1.81 | -7.1 | 13.81 | 0.36 | 6.02 | -1.25 |
| 21Q1 (9) | 6.52 | 156.69 | 93.47 | 30.22 | -4.82 | -1.21 | 7.03 | 2.03 | -3.83 | 0 | 0 | 0 | 2.18 | -15.18 | 39.74 | -0.33 | -237.5 | 36.54 | 1.21 | 34.44 | 9.01 | 9.31 | 28.03 | -37.57 | 52.68 | 1.76 | -1.62 | 5.36 | -3.42 | 98.52 | 7.68 | 0 | 0 | 0.06 | 0.0 | -14.29 | 17.98 | -2.65 | -2.65 | 0.36 | 0.0 | 0.0 | 0.05 | 0.0 | 0.0 | -1.69 | -36.29 | 18.36 | -1.28 | -54.22 | 22.89 | 0 | 0 | 100.0 | -1.69 | -36.29 | 19.52 | 0.34 | -0.88 | -3.58 |
| 20Q4 (8) | 2.54 | 12.39 | -19.62 | 31.75 | 7.37 | 7.63 | 6.89 | 0.29 | -6.0 | 0 | 0 | 0 | 2.57 | 84.89 | -32.72 | 0.24 | -76.7 | 196.0 | 0.9 | 20.0 | -44.44 | 7.28 | 32.13 | -67.57 | 51.77 | 2.05 | -1.11 | 5.55 | -0.89 | 93.38 | 0 | 0 | 0 | 0.06 | 0.0 | -14.29 | 18.47 | 0.0 | 0.0 | 0.36 | 0.0 | 0 | 0.05 | 0.0 | 0 | -1.24 | 16.78 | -7.83 | -0.83 | 23.15 | 27.83 | 0 | 0 | 100.0 | -1.24 | 16.78 | -1.64 | 0.35 | -0.6 | 3.49 |
| 20Q3 (7) | 2.26 | -39.73 | -68.21 | 29.57 | 6.18 | 57.62 | 6.87 | -1.29 | 139.37 | 0 | 0 | 0 | 1.39 | -79.71 | 93.06 | 1.03 | 334.09 | 334.09 | 0.75 | 47.06 | -49.32 | 5.51 | 39.82 | 0 | 50.73 | 0.83 | 39.44 | 5.6 | 95.12 | 96.49 | 0 | 0 | -100.0 | 0.06 | -14.29 | -14.29 | 18.47 | 0.0 | 0.76 | 0.36 | 0 | 0.0 | 0.05 | 0 | 0.0 | -1.49 | 29.05 | -8.76 | -1.08 | 48.57 | -13.68 | 0 | 0 | 100.0 | -1.49 | 29.05 | -3.47 | 0.35 | -5.46 | 9.38 |
| 20Q2 (6) | 3.75 | 11.28 | -61.26 | 27.85 | -8.96 | 99.93 | 6.96 | -4.79 | 0 | 0 | 0 | 0 | 6.85 | 339.1 | 411.19 | -0.44 | 15.38 | -22.22 | 0.51 | -54.05 | -65.54 | 3.94 | -73.6 | 0 | 50.31 | -6.05 | 51.4 | 2.87 | 6.3 | -4.01 | 0 | 0 | -100.0 | 0.07 | 0.0 | 0.0 | 18.47 | 0.0 | 2.9 | 0 | -100.0 | -100.0 | 0 | -100.0 | -100.0 | -2.1 | -1.45 | -123.4 | -2.1 | -26.51 | -303.85 | 0 | 100.0 | 100.0 | -2.1 | 0.0 | -110.0 | 0.37 | 3.52 | 16.63 |
| 20Q1 (5) | 3.37 | 6.65 | -70.18 | 30.59 | 3.69 | 126.09 | 7.31 | -0.27 | 0 | 0 | 0 | 0 | 1.56 | -59.16 | 16.42 | -0.52 | -108.0 | -4.0 | 1.11 | -31.48 | -21.28 | 14.92 | -33.51 | 0 | 53.55 | 2.29 | 67.76 | 2.7 | -5.92 | -7.53 | 0 | 0 | -100.0 | 0.07 | 0.0 | -12.5 | 18.47 | 0.0 | 3.13 | 0.36 | 0 | 80.0 | 0.05 | 0 | 0 | -2.07 | -80.0 | -220.35 | -1.66 | -44.35 | -186.46 | -0.03 | 57.14 | 0.0 | -2.1 | -72.13 | -224.26 | 0.36 | 6.39 | 16.42 |
| 19Q4 (4) | 3.16 | -55.56 | 0.0 | 29.5 | 57.25 | 0.0 | 7.33 | 155.4 | 0.0 | 0 | 0 | 0.0 | 3.82 | 430.56 | 0.0 | -0.25 | 43.18 | 0.0 | 1.62 | 9.46 | 0.0 | 22.44 | 0 | 0.0 | 52.35 | 43.9 | 0.0 | 2.87 | 0.7 | 0.0 | 0 | -100.0 | 0.0 | 0.07 | 0.0 | 0.0 | 18.47 | 0.76 | 0.0 | 0 | -100.0 | 0.0 | 0 | -100.0 | 0.0 | -1.15 | 16.06 | 0.0 | -1.15 | -21.05 | 0.0 | -0.07 | 0.0 | 0.0 | -1.22 | 15.28 | 0.0 | 0.33 | 5.05 | 0.0 |
