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) | 2.89 | -43.0 | 17.9 | 9.68 | 0 | 0 | 0 | 0 | 107.07 | -23.64 | -11.25 | 0 | 0.1 | 42.86 | 0.09 | 87.07 | 18.66 | -15.22 | 104.35 | -0.48 | 60.5 | 15.24 | 0.13 | 30.0 | 35.0 | 0.0 | 0 | 0 | 39.49 | 0.0 | -29.84 | 0 | 9.65 | -53.18 | 1.47 | -3.29 | -28.37 | 0 | 0.00 | 0 |
| 2022 (9) | 5.07 | -51.9 | 16.32 | -24.51 | 3.0 | 0 | 0 | 0 | 140.21 | -16.61 | -2.25 | 0 | 0.07 | -93.4 | 0.05 | -92.08 | 22.01 | -44.55 | 104.85 | -0.1 | 52.5 | -17.32 | 0.1 | 42.86 | 35.0 | 0.0 | 0 | 0 | 39.49 | 0.0 | -18.88 | 0 | 20.61 | -5.24 | 1.52 | -3.8 | -17.36 | 0 | 0.00 | 0 |
| 2021 (8) | 10.54 | 686.57 | 21.62 | 139.16 | 0 | 0 | 0 | 0 | 168.13 | 55.26 | 15.86 | 0 | 1.06 | 152.38 | 0.63 | 62.55 | 39.69 | 82.15 | 104.96 | -1.06 | 63.5 | -7.3 | 0.07 | -46.15 | 35.0 | 0.0 | 0 | 0 | 39.49 | 0.0 | -17.74 | 0 | 21.75 | 273.71 | 1.58 | 17.91 | -16.16 | 0 | 0.00 | 0 |
| 2020 (7) | 1.34 | 47.25 | 9.04 | -29.76 | 1.0 | 0 | 0 | 0 | 108.29 | -12.32 | -6.66 | 0 | 0.42 | -69.78 | 0.39 | -65.54 | 21.79 | -33.32 | 106.08 | -0.06 | 68.5 | 10.06 | 0.13 | -27.78 | 35.0 | 0.0 | 0 | 0 | 39.49 | 0.0 | -33.67 | 0 | 5.82 | -50.21 | 1.34 | -2.9 | -32.33 | 0 | 0.00 | 0 |
| 2019 (6) | 0.91 | -66.04 | 12.87 | -31.29 | 0 | 0 | 0 | 0 | 123.51 | -17.0 | 0.15 | 0 | 1.39 | -53.04 | 1.13 | -43.43 | 32.68 | 12.3 | 106.14 | 3.29 | 62.24 | 15.52 | 0.18 | -30.77 | 35.0 | 0.0 | 0 | 0 | 39.49 | -1.84 | -27.8 | 0 | 11.69 | 4.28 | 1.38 | 13.11 | -26.42 | 0 | 0.00 | 0 |
| 2018 (5) | 2.68 | 150.47 | 18.73 | -15.82 | 0 | 0 | 0 | 0 | 148.8 | -21.34 | -14.42 | 0 | 2.96 | -39.34 | 1.99 | -22.88 | 29.1 | -15.11 | 102.76 | -6.9 | 53.88 | 20.64 | 0.26 | -21.21 | 35.0 | 0.0 | 0 | 0 | 40.23 | -0.02 | -29.02 | 0 | 11.21 | -55.87 | 1.22 | 1.67 | -27.8 | 0 | 0.00 | 0 |
| 2017 (4) | 1.07 | -6.14 | 22.25 | 77.15 | 0 | 0 | 0 | 0 | 189.18 | 45.29 | 2.43 | -51.69 | 4.88 | 76.17 | 2.58 | 21.26 | 34.28 | 1.63 | 110.38 | 0.98 | 44.66 | -1.67 | 0.33 | 725.0 | 35.0 | 0.0 | 0 | 0 | 40.24 | 0.0 | -14.84 | 0 | 25.4 | 7.17 | 1.2 | -13.04 | -13.64 | 0 | 0.00 | 0 |
| 2016 (3) | 1.14 | -12.31 | 12.56 | -17.42 | 2.38 | 0 | 0 | 0 | 130.21 | -11.86 | 5.03 | 0 | 2.77 | -10.06 | 2.13 | 2.04 | 33.73 | 18.43 | 109.31 | 0.48 | 45.42 | -10.17 | 0.04 | 0.0 | 35.0 | 0.0 | 0 | 0 | 40.24 | 0.0 | -16.54 | 0 | 23.7 | 22.99 | 1.38 | 33.98 | -15.16 | 0 | 0.00 | 0 |
| 2015 (2) | 1.3 | -95.18 | 15.21 | -50.15 | 0 | 0 | 0 | 0 | 147.73 | -28.84 | -9.3 | 0 | 3.08 | -82.81 | 2.08 | -75.85 | 28.48 | -37.8 | 108.79 | 4.26 | 50.56 | 6.49 | 0.04 | -66.67 | 35.0 | 0.0 | 0 | 0 | 40.24 | 0.0 | -20.97 | 0 | 19.27 | -33.04 | 1.03 | 49.28 | -19.94 | 0 | 0.00 | 0 |
| 2014 (1) | 26.99 | 49.53 | 30.51 | -20.38 | 0 | 0 | 0 | 0 | 207.6 | 12.0 | 3.51 | 0 | 17.92 | -44.17 | 8.63 | -50.15 | 45.79 | 27.09 | 104.34 | -0.09 | 47.48 | -23.39 | 0.12 | 20.0 | 35.0 | 0.0 | 0 | 0 | 40.24 | 0.0 | -11.46 | 0 | 28.78 | 8.28 | 0.69 | -20.69 | -10.77 | 0 | 0.11 | -2.8 |
| 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) | 2.89 | 22.46 | -43.0 | 17.9 | -6.58 | 9.68 | 0 | 0 | -100.0 | 0 | 0 | 0 | 21.31 | -15.9 | -37.25 | -4.55 | -136.98 | -309.91 | 0.1 | -41.18 | 42.86 | 0.09 | -34.23 | 87.08 | 18.66 | -12.8 | -15.22 | 104.35 | -0.35 | -0.48 | 60.5 | 11.01 | 15.24 | 0.13 | 18.18 | 30.0 | 35.0 | 0.0 | 0.0 | 0 | 0 | 0 | 39.49 | 0.0 | 0.0 | -29.84 | -16.65 | -58.05 | 9.65 | -30.63 | -53.18 | 1.47 | 2.08 | -3.29 | -28.37 | -17.52 | -63.42 | 0.00 | 0 | 0 |
| 23Q3 (19) | 2.36 | 2260.0 | 118.52 | 19.16 | -6.9 | 25.47 | 0 | 0 | 0 | 0 | 0 | 0 | 25.34 | -12.32 | -12.04 | -1.92 | 60.66 | 56.46 | 0.17 | -77.63 | -45.16 | 0.14 | -76.98 | -30.92 | 21.4 | -17.66 | -17.6 | 104.72 | -0.06 | -0.13 | 54.5 | 5.83 | 3.81 | 0.11 | 0.0 | 22.22 | 35.0 | 0.0 | 0.0 | 0 | 0 | 0 | 39.49 | 0.0 | 0.0 | -25.58 | -8.07 | -35.49 | 13.91 | -12.07 | -32.51 | 1.44 | -6.49 | 2.13 | -24.14 | -9.08 | -38.18 | 0.00 | 0 | 0 |
| 23Q2 (18) | 0.1 | -62.96 | -94.62 | 20.58 | -10.6 | 56.86 | 0 | 0 | -100.0 | 0 | 0 | 0 | 28.9 | -8.28 | -22.08 | -4.88 | -4980.0 | -1418.92 | 0.76 | 153.33 | -27.62 | 0.62 | 170.18 | 1.58 | 25.99 | -4.34 | -31.3 | 104.78 | 0.0 | -0.03 | 51.5 | 10.75 | -10.43 | 0.11 | 10.0 | 22.22 | 35.0 | 0.0 | 0.0 | 0 | 0 | 0 | 39.49 | 0.0 | 0.0 | -23.67 | -26.04 | -63.58 | 15.82 | -23.61 | -36.77 | 1.54 | 0.65 | 5.48 | -22.13 | -28.29 | -70.1 | 0.00 | 0 | 0 |
| 23Q1 (17) | 0.27 | -94.67 | -94.38 | 23.02 | 41.05 | 47.47 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 31.51 | -7.21 | -21.89 | 0.1 | 109.01 | -96.55 | 0.3 | 328.57 | -79.73 | 0.23 | 357.38 | -72.56 | 27.17 | 23.44 | -25.01 | 104.78 | -0.07 | -0.15 | 46.5 | -11.43 | -13.08 | 0.1 | 0.0 | 42.86 | 35.0 | 0.0 | 0.0 | 0 | 0 | 0 | 39.49 | 0.0 | 0.0 | -18.78 | 0.53 | -26.55 | 20.71 | 0.49 | -15.98 | 1.53 | 0.66 | -10.0 | -17.25 | 0.63 | -31.28 | 0.00 | 0 | 0 |
| 22Q4 (16) | 5.07 | 369.44 | -51.9 | 16.32 | 6.88 | -24.51 | 3.0 | 0 | 0 | 0 | 0 | 0 | 33.96 | 17.88 | -23.77 | -1.11 | 74.83 | -122.98 | 0.07 | -77.42 | -93.4 | 0.05 | -75.71 | -92.08 | 22.01 | -15.25 | -44.55 | 104.85 | -0.01 | -0.1 | 52.5 | 0.0 | -17.32 | 0.1 | 11.11 | 42.86 | 35.0 | 0.0 | 0.0 | 0 | 0 | 0 | 39.49 | 0.0 | 0.0 | -18.88 | 0.0 | -6.43 | 20.61 | 0.0 | -5.24 | 1.52 | 7.8 | -3.8 | -17.36 | 0.63 | -7.43 | 0.00 | 0 | 0 |
| 22Q3 (15) | 1.08 | -41.94 | -81.12 | 15.27 | 16.39 | 13.62 | 0 | -100.0 | 0 | 0 | 0 | 0 | 28.81 | -22.32 | -43.39 | -4.41 | -1291.89 | -158.72 | 0.31 | -70.48 | -87.24 | 0.21 | -66.15 | -87.5 | 25.97 | -31.35 | -28.5 | 104.86 | 0.05 | -0.19 | 52.5 | -8.7 | -14.63 | 0.09 | 0.0 | 0.0 | 35.0 | 0.0 | 0.0 | 0 | 0 | 0 | 39.49 | 0.0 | 0.0 | -18.88 | -30.48 | 16.57 | 20.61 | -17.63 | 22.24 | 1.41 | -3.42 | -11.32 | -17.47 | -34.28 | 16.97 | 0.00 | 0 | 0 |
| 22Q2 (14) | 1.86 | -61.25 | -41.32 | 13.12 | -15.95 | 111.95 | 2.0 | 0.0 | 0 | 0 | 0 | 0 | 37.09 | -8.06 | -11.77 | 0.37 | -87.24 | -87.5 | 1.05 | -29.05 | -7.08 | 0.61 | -27.02 | -32.21 | 37.83 | 4.42 | 63.27 | 104.81 | -0.12 | -1.01 | 57.5 | 7.48 | -12.21 | 0.09 | 28.57 | -18.18 | 35.0 | 0.0 | 0.0 | 0 | 0 | 0 | 39.49 | 0.0 | 0.0 | -14.47 | 2.49 | 51.99 | 25.02 | 1.5 | 167.59 | 1.46 | -14.12 | -11.52 | -13.01 | 0.99 | 54.33 | 0.00 | 0 | 0 |
| 22Q1 (13) | 4.8 | -54.46 | 627.27 | 15.61 | -27.8 | 174.34 | 2.0 | 0 | 0 | 0 | 0 | 0 | 40.34 | -9.45 | 31.66 | 2.9 | -39.96 | 417.86 | 1.48 | 39.62 | 1133.33 | 0.83 | 32.01 | 666.62 | 36.23 | -8.72 | 53.65 | 104.94 | -0.02 | -1.0 | 53.5 | -15.75 | -20.74 | 0.07 | 0.0 | -36.36 | 35.0 | 0.0 | 0.0 | 0 | 0 | 0 | 39.49 | 0.0 | 0.0 | -14.84 | 16.35 | 55.17 | 24.65 | 13.33 | 285.76 | 1.7 | 7.59 | 24.09 | -13.14 | 18.69 | 58.59 | 0.00 | 0 | 0 |
| 21Q4 (12) | 10.54 | 84.27 | 686.57 | 21.62 | 60.86 | 139.16 | 0 | 0 | -100.0 | 0 | 0 | 0 | 44.55 | -12.46 | 84.17 | 4.83 | -35.69 | 568.93 | 1.06 | -56.38 | 152.38 | 0.63 | -61.66 | 62.56 | 39.69 | 9.28 | 82.15 | 104.96 | -0.1 | -1.06 | 63.5 | 3.25 | -7.3 | 0.07 | -22.22 | -46.15 | 35.0 | 0.0 | 0.0 | 0 | 0 | 0 | 39.49 | 0.0 | 0.0 | -17.74 | 21.61 | 47.31 | 21.75 | 29.0 | 273.71 | 1.58 | -0.63 | 17.91 | -16.16 | 23.19 | 50.02 | 0.00 | 0 | 0 |
| 21Q3 (11) | 5.72 | 80.44 | 1582.35 | 13.44 | 117.12 | 41.77 | 0 | 0 | 0 | 0 | 0 | 0 | 50.89 | 21.05 | 74.04 | 7.51 | 153.72 | 1194.83 | 2.43 | 115.04 | 710.0 | 1.64 | 83.54 | 501.69 | 36.32 | 56.75 | 59.02 | 105.06 | -0.77 | -1.01 | 61.5 | -6.11 | -8.21 | 0.09 | -18.18 | -40.0 | 35.0 | 0.0 | 0.0 | 0 | 0 | 0 | 39.49 | 0.0 | 0.0 | -22.63 | 24.92 | 32.29 | 16.86 | 80.32 | 177.76 | 1.59 | -3.64 | 24.22 | -21.04 | 26.15 | 34.54 | 0.00 | 0 | 0 |
| 21Q2 (10) | 3.17 | 380.3 | 7.46 | 6.19 | 8.79 | 301.95 | 0 | 0 | 0 | 0 | 0 | 0 | 42.04 | 37.21 | 58.88 | 2.96 | 428.57 | 421.74 | 1.13 | 841.67 | -35.43 | 0.90 | 725.33 | -40.88 | 23.17 | -1.74 | 0.35 | 105.88 | -0.11 | -0.15 | 65.5 | -2.96 | 0.77 | 0.11 | 0.0 | -35.29 | 35.0 | 0.0 | 0.0 | 0 | 0 | 0 | 39.49 | 0.0 | 0 | -30.14 | 8.94 | 0 | 9.35 | 46.32 | 70.31 | 1.65 | 20.44 | 25.0 | -28.49 | 10.21 | -2258.33 | 0.00 | 0 | 0 |
| 21Q1 (9) | 0.66 | -50.75 | -54.79 | 5.69 | -37.06 | -46.02 | 0 | -100.0 | 0 | 0 | 0 | 0 | 30.64 | 26.66 | 7.89 | 0.56 | 154.37 | 110.61 | 0.12 | -71.43 | -84.81 | 0.11 | -72.01 | -83.38 | 23.58 | 8.21 | -2.88 | 106.0 | -0.08 | -0.08 | 67.5 | -1.46 | 18.46 | 0.11 | -15.38 | -31.25 | 35.0 | 0.0 | 0.0 | 0 | 0 | 0 | 39.49 | 0.0 | 0.0 | -33.1 | 1.69 | -0.06 | 6.39 | 9.79 | -0.31 | 1.37 | 2.24 | 9.6 | -31.73 | 1.86 | 0.31 | 0.00 | 0 | 0 |
| 20Q4 (8) | 1.34 | 294.12 | 47.25 | 9.04 | -4.64 | -29.76 | 1.0 | 0 | 0 | 0 | 0 | 0 | 24.19 | -17.27 | -5.73 | -1.03 | -277.59 | 82.42 | 0.42 | 40.0 | -69.78 | 0.39 | 41.9 | -65.53 | 21.79 | -4.6 | -33.32 | 106.08 | -0.05 | -0.06 | 68.5 | 2.24 | 10.06 | 0.13 | -13.33 | -27.78 | 35.0 | 0.0 | 0.0 | 0 | 0 | 0 | 39.49 | 0.0 | 0.0 | -33.67 | -0.75 | -21.12 | 5.82 | -4.12 | -50.21 | 1.34 | 4.69 | -2.9 | -32.33 | -0.59 | -22.37 | 0.00 | 0 | 0 |
| 20Q3 (7) | 0.34 | -88.47 | 25.93 | 9.48 | 515.58 | -17.28 | 0 | 0 | 0 | 0 | 0 | 0 | 29.24 | 10.51 | -16.34 | 0.58 | 163.04 | -91.81 | 0.3 | -82.86 | -85.22 | 0.27 | -81.97 | 0 | 22.84 | -1.08 | -15.72 | 106.13 | 0.08 | 3.6 | 67.0 | 3.08 | 30.76 | 0.15 | -11.76 | -25.0 | 35.0 | 0.0 | 0.0 | 0 | 0 | 0 | 39.49 | 0 | 0.0 | -33.42 | 0 | -50.07 | 6.07 | 10.56 | -64.75 | 1.28 | -3.03 | 0.0 | -32.14 | -2534.85 | -53.12 | 0.00 | 0 | 0 |
| 20Q2 (6) | 2.95 | 102.05 | 11.74 | 1.54 | -85.39 | -85.74 | 0 | 0 | 0 | 0 | 0 | 0 | 26.46 | -6.83 | -17.05 | -0.92 | 82.58 | 64.48 | 1.75 | 121.52 | 133.33 | 1.52 | 131.96 | 0 | 23.09 | -4.9 | -15.82 | 106.04 | -0.05 | 3.4 | 65.0 | 14.08 | 1.94 | 0.17 | 6.25 | -22.73 | 35.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0 | 100.0 | 100.0 | 5.49 | -14.35 | -45.86 | 1.32 | 5.6 | 2.33 | 1.32 | 104.15 | 104.61 | 0.00 | 0 | 0 |
| 20Q1 (5) | 1.46 | 60.44 | 256.1 | 10.54 | -18.1 | 49.72 | 0 | 0 | 0 | 0 | 0 | 0 | 28.4 | 10.68 | -8.42 | -5.28 | 9.9 | -449.67 | 0.79 | -43.17 | -55.11 | 0.65 | -41.94 | 0 | 24.28 | -25.7 | -5.04 | 106.09 | -0.05 | 3.38 | 56.98 | -8.45 | 9.2 | 0.16 | -11.11 | -33.33 | 35.0 | 0.0 | 0.0 | 0 | 0 | 0 | 39.49 | 0.0 | -1.5 | -33.08 | -18.99 | -20.91 | 6.41 | -45.17 | -49.65 | 1.25 | -9.42 | -3.1 | -31.83 | -20.48 | -22.09 | 0.00 | 0 | 0 |
| 19Q4 (4) | 0.91 | 237.04 | 0.0 | 12.87 | 12.3 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 25.66 | -26.58 | 0.0 | -5.86 | -182.77 | 0.0 | 1.39 | -31.53 | 0.0 | 1.13 | 0 | 0.0 | 32.68 | 20.59 | 0.0 | 106.14 | 3.61 | 0.0 | 62.24 | 21.47 | 0.0 | 0.18 | -10.0 | 0.0 | 35.0 | 0.0 | 0.0 | 0 | 0 | 0.0 | 39.49 | 0.0 | 0.0 | -27.8 | -24.83 | 0.0 | 11.69 | -32.11 | 0.0 | 1.38 | 7.81 | 0.0 | -26.42 | -25.87 | 0.0 | 0.00 | 0 | 0.0 |
