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) | 12.72 | -35.69 | 25.0 | 76.93 | 4.08 | -12.26 | 0 | 0 | 88.13 | -18.16 | 1.75 | -66.02 | 5.62 | 39.45 | 6.38 | 70.41 | 9.14 | -44.44 | 0.93 | 6.9 | 3.41 | -63.61 | 0.99 | -9.17 | 19.55 | 0.0 | 10.03 | 5.25 | 1.27 | -24.4 | 9.43 | -14.58 | 20.74 | -6.79 | -1.35 | 0 | 8.08 | -17.3 | 0.01 | 197.53 |
| 2022 (9) | 19.78 | -37.27 | 14.13 | 371.0 | 4.65 | 981.4 | 0 | 0 | 107.69 | 9.21 | 5.15 | -2.46 | 4.03 | -26.99 | 3.74 | -33.15 | 16.45 | 13.45 | 0.87 | 93.33 | 9.37 | -21.19 | 1.09 | 12.37 | 19.55 | 0.0 | 9.53 | 5.54 | 1.68 | 10.53 | 11.04 | 0.09 | 22.25 | 3.1 | -1.27 | 0 | 9.77 | 4.49 | 0.00 | 56.7 |
| 2021 (8) | 31.53 | 10.94 | 3.0 | 0.0 | 0.43 | 760.0 | 0 | 0 | 98.61 | 10.69 | 5.28 | 2.92 | 5.52 | -35.96 | 5.60 | -42.15 | 14.5 | -3.53 | 0.45 | 21.62 | 11.89 | 12.28 | 0.97 | 1.04 | 19.55 | 0.0 | 9.03 | 5.86 | 1.52 | -12.14 | 11.03 | 8.56 | 21.58 | 5.68 | -1.68 | 0 | 9.35 | 8.22 | 0.00 | 26.76 |
| 2020 (7) | 28.42 | 28.54 | 3.0 | -66.67 | 0.05 | 0 | 0 | 0 | 89.09 | -28.77 | 5.13 | -24.78 | 8.62 | -28.23 | 9.68 | 0.76 | 15.03 | -31.93 | 0.37 | 54.17 | 10.59 | 10490.0 | 0.96 | 50.0 | 19.55 | 0.0 | 8.53 | 8.52 | 1.73 | 60.19 | 10.16 | -10.56 | 20.42 | 0.59 | -1.52 | 0 | 8.64 | -10.28 | 0.00 | 0 |
| 2019 (6) | 22.11 | 15.82 | 9.0 | 157.14 | 0 | 0 | 0 | 0 | 125.07 | -13.18 | 6.82 | -28.51 | 12.01 | 0.59 | 9.60 | 15.86 | 22.08 | 2.99 | 0.24 | -46.67 | 0.1 | -90.91 | 0.64 | 42.22 | 19.55 | 0.0 | 7.86 | 13.91 | 1.08 | 44.0 | 11.36 | -8.39 | 20.3 | 1.25 | -1.73 | 0 | 9.63 | -14.93 | 0.00 | 0 |
| 2018 (5) | 19.09 | -4.36 | 3.5 | -70.34 | 2.78 | 14.88 | 0 | 0 | 144.06 | 16.4 | 9.54 | 126.6 | 11.94 | 55.27 | 8.29 | 33.39 | 21.44 | -17.54 | 0.45 | 309.09 | 1.1 | -83.51 | 0.45 | 9.76 | 19.55 | 0.0 | 6.9 | 6.48 | 0.75 | 108.33 | 12.4 | 79.45 | 20.05 | 45.82 | -1.08 | 0 | 11.32 | 83.77 | 0.00 | 0 |
| 2017 (4) | 19.96 | 27.54 | 11.8 | 110.34 | 2.42 | 1110.0 | 0 | 0 | 123.76 | 39.31 | 4.21 | -13.91 | 7.69 | 33.28 | 6.21 | -4.33 | 26.0 | 3.17 | 0.11 | -15.38 | 6.67 | 28.27 | 0.41 | 13.89 | 19.55 | 1.98 | 6.48 | 8.18 | 0.36 | 24.14 | 6.91 | -7.0 | 13.75 | 0.29 | -0.75 | 0 | 6.16 | -12.87 | 0.00 | 0 |
| 2016 (3) | 15.65 | 94.17 | 5.61 | 54.55 | 0.2 | 0 | 0 | 0 | 88.84 | 6.79 | 4.89 | -14.36 | 5.77 | -19.53 | 6.49 | -24.64 | 25.2 | 34.04 | 0.13 | -18.75 | 5.2 | 0 | 0.36 | 350.0 | 19.17 | 0.0 | 5.99 | 10.52 | 0.29 | 0.0 | 7.43 | -6.42 | 13.71 | 0.44 | -0.36 | 0 | 7.07 | -16.23 | 0.00 | 0 |
| 2015 (2) | 8.06 | -19.96 | 3.63 | 76.21 | 0 | 0 | 0 | 0 | 83.19 | 21.2 | 5.71 | 49.87 | 7.17 | -0.97 | 8.62 | -18.29 | 18.8 | 10.52 | 0.16 | 128.57 | 0 | 0 | 0.08 | 0.0 | 19.17 | 4.98 | 5.42 | 7.54 | 0.29 | 0.0 | 7.94 | 25.63 | 13.65 | 17.17 | 0.5 | -32.43 | 8.44 | 19.55 | 0.00 | 0 |
| 2014 (1) | 10.07 | 94.4 | 2.06 | 586.67 | 0 | 0 | 0 | 0 | 68.64 | 4.13 | 3.81 | 9.48 | 7.24 | -1.76 | 10.55 | -5.66 | 17.01 | -8.84 | 0.07 | 0 | 0 | 0 | 0.08 | -11.11 | 18.26 | 0.0 | 5.04 | 7.46 | 0.29 | 0.0 | 6.32 | 6.58 | 11.65 | 6.78 | 0.74 | 289.47 | 7.06 | 15.36 | 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) | 12.72 | 7.16 | -35.69 | 25.0 | 25.63 | 76.93 | 4.08 | 0.0 | -12.26 | 0 | 0 | 0 | 20.64 | -14.14 | -24.28 | 1.47 | 4800.0 | 444.44 | 5.62 | 42.64 | 39.45 | 6.38 | 53.36 | 70.41 | 9.14 | -29.53 | -44.44 | 0.93 | -37.58 | 6.9 | 3.41 | -23.02 | -63.61 | 0.99 | 6.45 | -9.17 | 19.55 | 0.0 | 0.0 | 10.03 | 0.0 | 5.25 | 1.27 | 0.0 | -24.4 | 9.43 | 22.31 | -14.58 | 20.74 | 9.1 | -6.79 | -1.35 | -66.67 | -6.3 | 8.08 | 17.1 | -17.3 | 0.01 | 135.14 | 197.53 |
| 23Q3 (19) | 11.87 | -14.11 | -34.67 | 19.9 | 29.64 | 91.35 | 4.08 | 0.0 | 18.95 | 0 | 0 | 0 | 24.04 | 20.14 | -14.51 | 0.03 | -78.57 | -97.83 | 3.94 | -7.94 | -21.51 | 4.16 | -3.98 | -10.92 | 12.97 | -23.66 | -3.85 | 1.49 | 11.19 | 53.61 | 4.43 | -18.72 | -58.87 | 0.93 | -4.12 | -17.7 | 19.55 | 0.0 | 0.0 | 10.03 | 0.0 | 5.25 | 1.27 | 0.0 | -24.4 | 7.71 | 0.39 | -29.52 | 19.01 | 0.16 | -14.18 | -0.81 | 47.06 | 28.95 | 6.9 | 12.2 | -29.59 | 0.01 | 2.23 | 39.92 |
| 23Q2 (18) | 13.82 | -6.24 | -36.84 | 15.35 | -19.34 | 207.0 | 4.08 | 0.0 | 84.62 | 0 | 0 | 0 | 20.01 | -14.6 | -25.17 | 0.14 | 27.27 | -92.35 | 4.28 | -18.63 | -25.69 | 4.33 | -13.09 | -21.21 | 16.99 | 1.68 | 29.01 | 1.34 | 67.5 | 78.67 | 5.45 | -15.77 | -55.18 | 0.97 | -3.96 | -11.01 | 19.55 | 0.0 | 0.0 | 10.03 | 5.25 | 5.25 | 1.27 | -24.4 | -24.4 | 7.68 | 0.66 | -19.67 | 18.98 | 0.74 | -8.62 | -1.53 | -37.84 | -15.04 | 6.15 | -5.67 | -25.27 | 0.01 | 9.36 | 47.37 |
| 23Q1 (17) | 14.74 | -25.48 | -35.38 | 19.03 | 34.68 | 534.33 | 4.08 | -12.26 | 458.9 | 0 | 0 | 0 | 23.43 | -14.05 | -8.33 | 0.11 | -59.26 | -93.41 | 5.26 | 30.52 | -10.54 | 4.98 | 33.16 | -14.13 | 16.71 | 1.58 | 13.52 | 0.8 | -8.05 | -2.44 | 6.47 | -30.95 | -43.84 | 1.01 | -7.34 | -2.88 | 19.55 | 0.0 | 0.0 | 9.53 | 0.0 | 5.54 | 1.68 | 0.0 | 10.53 | 7.63 | -30.89 | -9.17 | 18.84 | -15.33 | -0.53 | -1.11 | 12.6 | -11.0 | 6.52 | -33.27 | -11.89 | 0.01 | 13.18 | 47.18 |
| 22Q4 (16) | 19.78 | 8.86 | -37.27 | 14.13 | 35.87 | 371.0 | 4.65 | 35.57 | 981.4 | 0 | 0 | 0 | 27.26 | -3.06 | 0.55 | 0.27 | -80.43 | -74.77 | 4.03 | -19.72 | -26.99 | 3.74 | -19.83 | -33.14 | 16.45 | 21.94 | 13.45 | 0.87 | -10.31 | 93.33 | 9.37 | -13.0 | -21.19 | 1.09 | -3.54 | 12.37 | 19.55 | 0.0 | 0.0 | 9.53 | 0.0 | 5.54 | 1.68 | 0.0 | 10.53 | 11.04 | 0.91 | 0.09 | 22.25 | 0.45 | 3.1 | -1.27 | -11.4 | 24.4 | 9.77 | -0.31 | 4.49 | 0.00 | 10.58 | 56.7 |
| 22Q3 (15) | 18.17 | -16.96 | 1.28 | 10.4 | 108.0 | 246.67 | 3.43 | 55.2 | 0 | 0 | 0 | 0 | 28.12 | 5.16 | 10.84 | 1.38 | -24.59 | -14.29 | 5.02 | -12.85 | -36.54 | 4.67 | -15.08 | -43.1 | 13.49 | 2.43 | -14.62 | 0.97 | 29.33 | 83.02 | 10.77 | -11.43 | 0.09 | 1.13 | 3.67 | 16.49 | 19.55 | 0.0 | 0.0 | 9.53 | 0.0 | 5.54 | 1.68 | 0.0 | 10.53 | 10.94 | 14.44 | 7.57 | 22.15 | 6.64 | 6.9 | -1.14 | 14.29 | 40.0 | 9.8 | 19.08 | 18.5 | 0.00 | 7.68 | 49.52 |
| 22Q2 (14) | 21.88 | -4.08 | 14.61 | 5.0 | 66.67 | 0 | 2.21 | 202.74 | 7266.67 | 0 | 0 | 0 | 26.74 | 4.62 | 14.86 | 1.83 | 9.58 | 52.5 | 5.76 | -2.04 | -40.31 | 5.50 | -5.28 | -46.74 | 13.17 | -10.53 | -9.86 | 0.75 | -8.54 | 50.0 | 12.16 | 5.56 | 14.83 | 1.09 | 4.81 | 14.74 | 19.55 | 0.0 | 0.0 | 9.53 | 5.54 | 11.72 | 1.68 | 10.53 | -2.89 | 9.56 | 13.81 | -25.08 | 20.77 | 9.66 | -9.77 | -1.33 | -33.0 | 25.28 | 8.23 | 11.22 | -25.05 | 0.00 | 9.22 | 95.97 |
| 22Q1 (13) | 22.81 | -27.66 | 5.07 | 3.0 | 0.0 | 0.0 | 0.73 | 69.77 | 1725.0 | 0 | 0 | 0 | 25.56 | -5.72 | 11.86 | 1.67 | 56.07 | 19.29 | 5.88 | 6.52 | -32.34 | 5.80 | 3.67 | -39.25 | 14.72 | 1.52 | 6.36 | 0.82 | 82.22 | 173.33 | 11.52 | -3.11 | 8.78 | 1.04 | 7.22 | 6.12 | 19.55 | 0.0 | 0.0 | 9.03 | 0.0 | 5.86 | 1.52 | 0.0 | -12.14 | 8.4 | -23.84 | -27.34 | 18.94 | -12.23 | -13.2 | -1.0 | 40.48 | 39.39 | 7.4 | -20.86 | -25.33 | 0.00 | 20.5 | 57.51 |
| 21Q4 (12) | 31.53 | 75.75 | 10.94 | 3.0 | 0.0 | 0.0 | 0.43 | 0 | 760.0 | 0 | 0 | 0 | 27.11 | 6.86 | 8.88 | 1.07 | -33.54 | 2.88 | 5.52 | -30.21 | -35.96 | 5.60 | -31.78 | -42.15 | 14.5 | -8.23 | -3.53 | 0.45 | -15.09 | 21.62 | 11.89 | 10.5 | 12.28 | 0.97 | 0.0 | 1.04 | 19.55 | 0.0 | 0.0 | 9.03 | 0.0 | 5.86 | 1.52 | 0.0 | -12.14 | 11.03 | 8.46 | 8.56 | 21.58 | 4.15 | 5.68 | -1.68 | 11.58 | -10.53 | 9.35 | 13.06 | 8.22 | 0.00 | 5.51 | 26.76 |
| 21Q3 (11) | 17.94 | -6.02 | 4.12 | 3.0 | 0 | -62.5 | 0 | -100.0 | 0 | 0 | 0 | 0 | 25.37 | 8.98 | 12.91 | 1.61 | 34.17 | 24.81 | 7.91 | -18.03 | -6.94 | 8.21 | -20.5 | -11.1 | 15.8 | 8.15 | -15.28 | 0.53 | 6.0 | 23.26 | 10.76 | 1.61 | 1.03 | 0.97 | 2.11 | 64.41 | 19.55 | 0.0 | 0.0 | 9.03 | 5.86 | 5.86 | 1.52 | -12.14 | -12.14 | 10.17 | -20.3 | 10.18 | 20.72 | -9.99 | 6.31 | -1.9 | -6.74 | 0.52 | 8.27 | -24.68 | 12.98 | 0.00 | 41.13 | 0 |
| 21Q2 (10) | 19.09 | -12.07 | -10.38 | 0 | -100.0 | -100.0 | 0.03 | -25.0 | 0 | 0 | 0 | 0 | 23.28 | 1.88 | 12.25 | 1.2 | -14.29 | -13.67 | 9.65 | 11.05 | 87.74 | 10.32 | 8.03 | 98.59 | 14.61 | 5.56 | -35.61 | 0.5 | 66.67 | 0.0 | 10.59 | 0.0 | 10.54 | 0.95 | -3.06 | 66.67 | 19.55 | 0.0 | 0.0 | 8.53 | 0.0 | 0.0 | 1.73 | 0.0 | 0.0 | 12.76 | 10.38 | 60.71 | 23.02 | 5.5 | 26.48 | -1.78 | -7.88 | 19.46 | 10.98 | 10.8 | 91.62 | 0.00 | -12.22 | 0 |
| 21Q1 (9) | 21.71 | -23.61 | -5.4 | 3.0 | 0.0 | -40.0 | 0.04 | -20.0 | 0 | 0 | 0 | 0 | 22.85 | -8.23 | 8.97 | 1.4 | 34.62 | 0.0 | 8.69 | 0.81 | 61.52 | 9.55 | -1.27 | 99.1 | 13.84 | -7.92 | -34.53 | 0.3 | -18.92 | 42.86 | 10.59 | 0.0 | 122.48 | 0.98 | 2.08 | 63.33 | 19.55 | 0.0 | 0.0 | 8.53 | 0.0 | 8.52 | 1.73 | 0.0 | 60.19 | 11.56 | 13.78 | -9.4 | 21.82 | 6.86 | 0.55 | -1.65 | -8.55 | 14.51 | 9.91 | 14.7 | -8.49 | 0.00 | -3.02 | 0 |
| 20Q4 (8) | 28.42 | 64.94 | 28.54 | 3.0 | -62.5 | -66.67 | 0.05 | 0 | 0 | 0 | 0 | 0 | 24.9 | 10.81 | -10.78 | 1.04 | -19.38 | 42.47 | 8.62 | 1.41 | -14.74 | 9.68 | 4.84 | 19.72 | 15.03 | -19.41 | -31.93 | 0.37 | -13.95 | 54.17 | 10.59 | -0.56 | 10490.0 | 0.96 | 62.71 | 50.0 | 19.55 | 0.0 | 0.0 | 8.53 | 0.0 | 8.52 | 1.73 | 0.0 | 60.19 | 10.16 | 10.08 | -10.56 | 20.42 | 4.77 | 0.59 | -1.52 | 20.42 | 12.14 | 8.64 | 18.03 | -10.28 | 0.00 | 0 | 0 |
| 20Q3 (7) | 17.23 | -19.11 | 51.81 | 8.0 | 100.0 | 45.45 | 0 | 0 | -100.0 | 0 | 0 | 0 | 22.47 | 8.34 | -23.26 | 1.29 | -7.19 | -11.64 | 8.5 | 65.37 | 5.59 | 9.23 | 77.6 | 0 | 18.65 | -17.81 | -12.19 | 0.43 | -14.0 | 10.26 | 10.65 | 11.17 | 1675.0 | 0.59 | 3.51 | 7.27 | 19.55 | 0.0 | 0.0 | 8.53 | 0.0 | 8.52 | 1.73 | 0.0 | 60.19 | 9.23 | 16.25 | -14.06 | 19.49 | 7.09 | -0.97 | -1.91 | 13.57 | -36.43 | 7.32 | 27.75 | -21.63 | 0.00 | 0 | 0 |
| 20Q2 (6) | 21.3 | -7.19 | 2.55 | 4.0 | -20.0 | 263.64 | 0 | 0 | -100.0 | 0 | 0 | 0 | 20.74 | -1.1 | -38.93 | 1.39 | -0.71 | -44.4 | 5.14 | -4.46 | -15.74 | 5.20 | 8.31 | 0 | 22.69 | 7.33 | -6.39 | 0.5 | 138.1 | 19.05 | 9.58 | 101.26 | 1496.67 | 0.57 | -5.0 | 18.75 | 19.55 | 0.0 | 0.0 | 8.53 | 8.52 | 8.52 | 1.73 | 60.19 | 60.19 | 7.94 | -37.77 | -14.44 | 18.2 | -16.13 | -0.11 | -2.21 | -14.51 | -140.22 | 5.73 | -47.09 | -31.46 | 0.00 | 0 | 0 |
| 20Q1 (5) | 22.95 | 3.8 | -13.53 | 5.0 | -44.44 | 8.93 | 0 | 0 | -100.0 | 0 | 0 | 0 | 20.97 | -24.87 | -38.2 | 1.4 | 91.78 | -34.27 | 5.38 | -46.79 | -59.03 | 4.80 | -40.63 | 0 | 21.14 | -4.26 | -11.4 | 0.21 | -12.5 | -52.27 | 4.76 | 4660.0 | 693.33 | 0.6 | -6.25 | 20.0 | 19.55 | 0.0 | 0.0 | 7.86 | 0.0 | 13.91 | 1.08 | 0.0 | 44.0 | 12.76 | 12.32 | -12.12 | 21.7 | 6.9 | -2.12 | -1.93 | -11.56 | -168.06 | 10.83 | 12.46 | -21.52 | 0.00 | 0 | 0 |
| 19Q4 (4) | 22.11 | 94.8 | 0.0 | 9.0 | 63.64 | 0.0 | 0 | -100.0 | 0.0 | 0 | 0 | 0.0 | 27.91 | -4.68 | 0.0 | 0.73 | -50.0 | 0.0 | 10.11 | 25.59 | 0.0 | 8.08 | 0 | 0.0 | 22.08 | 3.95 | 0.0 | 0.24 | -38.46 | 0.0 | 0.1 | -83.33 | 0.0 | 0.64 | 16.36 | 0.0 | 19.55 | 0.0 | 0.0 | 7.86 | 0.0 | 0.0 | 1.08 | 0.0 | 0.0 | 11.36 | 5.77 | 0.0 | 20.3 | 3.15 | 0.0 | -1.73 | -23.57 | 0.0 | 9.63 | 3.1 | 0.0 | 0.00 | 0 | 0.0 |
