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) | 4.03 | -6.5 | 0 | 0 | 0 | 0 | 0 | 0 | 7.45 | -13.17 | 0.28 | 0 | 1.0 | -37.5 | 13.42 | -28.02 | 1.0 | -11.5 | 0 | 0 | 0.05 | 0.0 | 0.01 | 0.0 | 4.27 | 0.0 | 0.73 | 0.0 | 0.19 | -9.52 | 0.62 | 93.75 | 1.54 | 22.22 | -0.21 | 0 | 0.41 | 215.38 | 0.03 | -8.84 |
| 2022 (9) | 4.31 | 9.95 | 0.8 | -20.0 | 0 | 0 | 0 | 0 | 8.58 | -11.09 | -0.2 | 0 | 1.6 | -17.95 | 18.65 | -7.72 | 1.13 | -35.06 | 0 | 0 | 0.05 | 25.0 | 0.01 | 0.0 | 4.27 | 0.0 | 0.73 | 0.0 | 0.21 | -47.5 | 0.32 | 68.42 | 1.26 | -4.55 | -0.19 | 0 | 0.13 | -18.75 | 0.03 | 85.49 |
| 2021 (8) | 3.92 | -13.85 | 1.0 | 233.33 | 0 | 0 | 0 | 0 | 9.65 | 1.47 | -0.01 | 0 | 1.95 | 72.57 | 20.21 | 70.06 | 1.74 | 38.1 | 0 | 0 | 0.04 | -50.0 | 0.01 | 0 | 4.27 | -3.17 | 0.73 | 4.29 | 0.4 | -4.76 | 0.19 | -58.7 | 1.32 | -16.46 | -0.03 | 0 | 0.16 | -33.33 | 0.02 | 116.73 |
| 2020 (7) | 4.55 | 14.61 | 0.3 | -25.0 | 0 | 0 | 0 | 0 | 9.51 | 11.88 | 0.28 | 300.0 | 1.13 | 48.68 | 11.88 | 32.89 | 1.26 | 63.64 | 0 | 0 | 0.08 | 0 | 0 | 0 | 4.41 | 0.0 | 0.7 | 1.45 | 0.42 | 13.51 | 0.46 | 43.75 | 1.58 | 14.49 | -0.22 | 0 | 0.24 | 200.0 | 0.01 | -3.85 |
| 2019 (6) | 3.97 | -32.25 | 0.4 | -73.33 | 0 | 0 | 0 | 0 | 8.5 | -31.56 | 0.07 | -90.79 | 0.76 | -50.33 | 8.94 | -27.42 | 0.77 | -53.61 | 0 | 0 | 0 | 0 | 0 | 0 | 4.41 | 0.0 | 0.69 | 13.11 | 0.37 | 19.35 | 0.32 | -64.44 | 1.38 | -24.18 | -0.24 | 0 | 0.08 | -88.89 | 0.01 | -9.12 |
| 2018 (5) | 5.86 | 19.11 | 1.5 | 0.0 | 0 | 0 | 0 | 0 | 12.42 | 10.3 | 0.76 | 245.45 | 1.53 | -17.3 | 12.32 | -25.02 | 1.66 | 0.0 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | 4.41 | 0.0 | 0.61 | 3.39 | 0.31 | 29.17 | 0.9 | 104.55 | 1.82 | 43.31 | -0.18 | 0 | 0.72 | 132.26 | 0.01 | -27.64 |
| 2017 (4) | 4.92 | 23.93 | 1.5 | 114.29 | 0 | 0 | 0 | 0 | 11.26 | -17.99 | 0.22 | -56.86 | 1.85 | -27.73 | 16.43 | -11.88 | 1.66 | 0.61 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | 4.41 | 0.0 | 0.59 | 9.26 | 0.24 | 33.33 | 0.44 | -43.59 | 1.27 | -15.33 | -0.13 | 0 | 0.31 | -56.94 | 0.01 | -29.58 |
| 2016 (3) | 3.97 | 24.84 | 0.7 | 0 | 0 | 0 | 0 | 0 | 13.73 | -8.16 | 0.51 | -13.56 | 2.56 | -12.63 | 18.65 | -4.86 | 1.65 | -13.61 | 0 | 0 | 0 | 0 | 0.01 | -50.0 | 4.41 | 0.0 | 0.54 | 12.5 | 0.18 | 0.0 | 0.78 | 0.0 | 1.5 | 3.45 | -0.06 | 0 | 0.72 | -18.18 | 0.02 | -5.96 |
| 2015 (2) | 3.18 | 26.69 | 0 | 0 | 0 | 0 | 0 | 0 | 14.95 | 23.45 | 0.59 | 55.26 | 2.93 | 7.33 | 19.60 | -13.06 | 1.91 | 9.77 | 0 | 0 | 0 | 0 | 0.02 | -33.33 | 4.41 | 0.0 | 0.48 | 6.67 | 0.18 | 0.0 | 0.78 | 30.0 | 1.45 | 17.89 | 0.1 | -28.57 | 0.88 | 18.92 | 0.02 | 25.8 |
| 2014 (1) | 2.51 | -16.05 | 0 | 0 | 0 | 0 | 0 | 0 | 12.11 | 2.28 | 0.38 | 171.43 | 2.73 | 45.21 | 22.54 | 41.98 | 1.74 | 25.18 | 0 | 0 | 0 | 0 | 0.03 | 50.0 | 4.41 | 0.0 | 0.45 | 4.65 | 0.18 | 0.0 | 0.6 | 27.66 | 1.23 | 12.84 | 0.14 | 600.0 | 0.74 | 51.02 | 0.02 | -4.13 |
| 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) | 4.03 | -13.7 | -6.5 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.77 | -7.81 | -29.48 | 0.04 | -63.64 | 300.0 | 1.0 | -8.26 | -37.5 | 13.42 | 0.86 | -27.94 | 1.0 | 7.53 | -11.5 | 0 | 0 | 0 | 0.05 | 0.0 | 0.0 | 0.01 | 0 | 0.0 | 4.27 | 0.0 | 0.0 | 0.73 | 0.0 | 0.0 | 0.19 | 0.0 | -9.52 | 0.62 | 6.9 | 93.75 | 1.54 | 2.67 | 22.22 | -0.21 | -50.0 | -10.53 | 0.41 | -6.82 | 215.38 | 0.03 | 5.9 | -8.84 |
| 23Q3 (19) | 4.67 | 1.52 | 11.99 | 0.4 | -42.86 | -66.67 | 0 | 0 | 0 | 0 | 0 | 0 | 1.92 | -5.88 | -13.12 | 0.11 | -45.0 | 237.5 | 1.09 | -13.49 | -42.33 | 13.31 | -10.43 | -39.65 | 0.93 | -7.92 | -39.61 | 0 | 0 | 0 | 0.05 | 0.0 | 0.0 | 0 | 0 | -100.0 | 4.27 | 0.0 | 0.0 | 0.73 | 0.0 | 0.0 | 0.19 | 0.0 | -9.52 | 0.58 | 23.4 | 132.0 | 1.5 | 7.91 | 26.05 | -0.14 | 30.0 | -16.67 | 0.44 | 62.96 | 238.46 | 0.03 | -19.89 | -9.53 |
| 23Q2 (18) | 4.6 | 2.45 | 15.87 | 0.7 | -12.5 | -41.67 | 0 | 0 | 0 | 0 | 0 | 0 | 2.04 | 18.6 | -10.92 | 0.2 | 385.71 | 600.0 | 1.26 | 0.0 | -28.81 | 14.86 | 2.95 | -23.78 | 1.01 | -0.98 | -40.94 | 0 | 0 | 0 | 0.05 | 25.0 | 25.0 | 0 | 0 | -100.0 | 4.27 | 0.0 | 0.0 | 0.73 | 0.0 | 0.0 | 0.19 | -9.52 | -9.52 | 0.47 | 88.0 | 56.67 | 1.39 | 16.81 | 12.1 | -0.2 | 0.0 | -42.86 | 0.27 | 440.0 | 68.75 | 0.04 | 6.02 | 26.22 |
| 23Q1 (17) | 4.49 | 4.18 | 15.72 | 0.8 | 0.0 | -33.33 | 0 | 0 | 0 | 0 | 0 | 0 | 1.72 | -31.47 | 8.86 | -0.07 | -800.0 | 22.22 | 1.26 | -21.25 | -16.0 | 14.43 | -22.51 | -8.49 | 1.02 | -9.73 | -46.6 | 0 | 0 | 0 | 0.04 | -20.0 | 0.0 | 0 | -100.0 | 0 | 4.27 | 0.0 | 0.0 | 0.73 | 0.0 | 0.0 | 0.21 | 0.0 | -47.5 | 0.25 | -21.88 | 108.33 | 1.19 | -5.56 | -4.8 | -0.2 | -5.26 | -185.71 | 0.05 | -61.54 | 0.0 | 0.03 | 1.37 | 36.29 |
| 22Q4 (16) | 4.31 | 3.36 | 9.95 | 0.8 | -33.33 | -20.0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.51 | 13.57 | 0.8 | 0.01 | 112.5 | 120.0 | 1.6 | -15.34 | -17.95 | 18.63 | -15.54 | -7.92 | 1.13 | -26.62 | -35.06 | 0 | 0 | 0 | 0.05 | 0.0 | 25.0 | 0.01 | 0.0 | 0.0 | 4.27 | 0.0 | 0.0 | 0.73 | 0.0 | 0.0 | 0.21 | 0.0 | -47.5 | 0.32 | 28.0 | 68.42 | 1.26 | 5.88 | -4.55 | -0.19 | -58.33 | -533.33 | 0.13 | 0.0 | -18.75 | 0.03 | 5.09 | 85.49 |
| 22Q3 (15) | 4.17 | 5.04 | -5.66 | 1.2 | 0.0 | 33.33 | 0 | 0 | 0 | 0 | 0 | 0 | 2.21 | -3.49 | -18.75 | -0.08 | -100.0 | -260.0 | 1.89 | 6.78 | 3.85 | 22.05 | 13.13 | 19.72 | 1.54 | -9.94 | -17.2 | 0 | 0 | 0 | 0.05 | 25.0 | -37.5 | 0.01 | 0.0 | 0 | 4.27 | 0.0 | 0.0 | 0.73 | 0.0 | 0.0 | 0.21 | 0.0 | -47.5 | 0.25 | -16.67 | 8.7 | 1.19 | -4.03 | -12.5 | -0.12 | 14.29 | -100.0 | 0.13 | -18.75 | -23.53 | 0.03 | 11.76 | 115.74 |
| 22Q2 (14) | 3.97 | 2.32 | 46.49 | 1.2 | 0.0 | 200.0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.29 | 44.94 | -15.81 | -0.04 | 55.56 | -233.33 | 1.77 | 18.0 | 3.51 | 19.49 | 23.59 | 22.89 | 1.71 | -10.47 | 18.75 | 0 | 0 | 0 | 0.04 | 0.0 | -50.0 | 0.01 | 0 | 0 | 4.27 | 0.0 | 0.0 | 0.73 | 0.0 | 4.29 | 0.21 | -47.5 | -50.0 | 0.3 | 150.0 | -14.29 | 1.24 | -0.8 | -15.65 | -0.14 | -100.0 | 17.65 | 0.16 | 220.0 | -11.11 | 0.03 | 14.48 | 116.44 |
| 22Q1 (13) | 3.88 | -1.02 | 58.37 | 1.2 | 20.0 | 200.0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.58 | -36.55 | -7.6 | -0.09 | -80.0 | -125.0 | 1.5 | -23.08 | 18.11 | 15.77 | -22.03 | 25.07 | 1.91 | 9.77 | 54.03 | 0 | 0 | 0 | 0.04 | 0.0 | -50.0 | 0 | -100.0 | 0 | 4.27 | 0.0 | -3.17 | 0.73 | 0.0 | 4.29 | 0.4 | 0.0 | -4.76 | 0.12 | -36.84 | -71.43 | 1.25 | -5.3 | -18.83 | -0.07 | -133.33 | 65.0 | 0.05 | -68.75 | -77.27 | 0.03 | 37.96 | 198.0 |
| 21Q4 (12) | 3.92 | -11.31 | -13.85 | 1.0 | 11.11 | 233.33 | 0 | 0 | 0 | 0 | 0 | 0 | 2.49 | -8.46 | -8.79 | -0.05 | -200.0 | -171.43 | 1.95 | 7.14 | 72.57 | 20.23 | 9.81 | 70.24 | 1.74 | -6.45 | 38.1 | 0 | 0 | 0 | 0.04 | -50.0 | -50.0 | 0.01 | 0 | 0 | 4.27 | 0.0 | -3.17 | 0.73 | 0.0 | 4.29 | 0.4 | 0.0 | -4.76 | 0.19 | -17.39 | -58.7 | 1.32 | -2.94 | -16.46 | -0.03 | 50.0 | 86.36 | 0.16 | -5.88 | -33.33 | 0.02 | 22.22 | 116.73 |
| 21Q3 (11) | 4.42 | 63.1 | 16.62 | 0.9 | 125.0 | 221.43 | 0 | 0 | 0 | 0 | 0 | 0 | 2.72 | 0.0 | -24.86 | 0.05 | 66.67 | -80.0 | 1.82 | 6.43 | 1.68 | 18.42 | 16.13 | -10.16 | 1.86 | 29.17 | 35.77 | 0 | 0 | 0 | 0.08 | 0.0 | 0 | 0 | 0 | -100.0 | 4.27 | 0.0 | -3.17 | 0.73 | 4.29 | 4.29 | 0.4 | -4.76 | -4.76 | 0.23 | -34.29 | -39.47 | 1.36 | -7.48 | -9.33 | -0.06 | 64.71 | 76.92 | 0.17 | -5.56 | 41.67 | 0.01 | 12.13 | 116.83 |
| 21Q2 (10) | 2.71 | 10.61 | -31.91 | 0.4 | 0.0 | -31.03 | 0 | 0 | 0 | 0 | 0 | 0 | 2.72 | 59.06 | 35.32 | 0.03 | 175.0 | -50.0 | 1.71 | 34.65 | 41.32 | 15.86 | 25.78 | -6.92 | 1.44 | 16.13 | 48.45 | 0 | 0 | 0 | 0.08 | 0.0 | 0 | 0 | 0 | -100.0 | 4.27 | -3.17 | -3.17 | 0.7 | 0.0 | 0.0 | 0.42 | 0.0 | 0.0 | 0.35 | -16.67 | 169.23 | 1.47 | -4.55 | 17.6 | -0.17 | 15.0 | 39.29 | 0.18 | -18.18 | 220.0 | 0.01 | 57.62 | 84.77 |
| 21Q1 (9) | 2.45 | -46.15 | -32.13 | 0.4 | 33.33 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.71 | -37.36 | 48.7 | -0.04 | -157.14 | 60.0 | 1.27 | 12.39 | 89.55 | 12.61 | 6.14 | 37.41 | 1.24 | -1.59 | 40.91 | 0 | 0 | 0 | 0.08 | 0.0 | 0 | 0 | 0 | 0 | 4.41 | 0.0 | 0.0 | 0.7 | 0.0 | 1.45 | 0.42 | 0.0 | 13.51 | 0.42 | -8.7 | 90.91 | 1.54 | -2.53 | 20.31 | -0.2 | 9.09 | 20.0 | 0.22 | -8.33 | 833.33 | 0.01 | 0.34 | 18.28 |
| 20Q4 (8) | 4.55 | 20.05 | 14.61 | 0.3 | 7.14 | -25.0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.73 | -24.59 | 40.0 | 0.07 | -72.0 | 250.0 | 1.13 | -36.87 | 48.68 | 11.88 | -42.05 | 33.05 | 1.26 | -8.03 | 63.64 | 0 | 0 | 0 | 0.08 | 0 | 0 | 0 | -100.0 | 0 | 4.41 | 0.0 | 0.0 | 0.7 | 0.0 | 1.45 | 0.42 | 0.0 | 13.51 | 0.46 | 21.05 | 43.75 | 1.58 | 5.33 | 14.49 | -0.22 | 15.38 | 8.33 | 0.24 | 100.0 | 200.0 | 0.01 | 22.28 | -3.85 |
| 20Q3 (7) | 3.79 | -4.77 | -21.53 | 0.28 | -51.72 | -30.0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.62 | 80.1 | 81.91 | 0.25 | 316.67 | 1150.0 | 1.79 | 47.93 | 62.73 | 20.50 | 20.31 | 0 | 1.37 | 41.24 | 47.31 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 4.41 | 0.0 | 0.0 | 0.7 | 0.0 | 1.45 | 0.42 | 0.0 | 13.51 | 0.38 | 192.31 | 22.58 | 1.5 | 20.0 | 10.29 | -0.26 | 7.14 | -30.0 | 0.12 | 180.0 | 9.09 | 0.01 | -4.45 | -43.35 |
| 20Q2 (6) | 3.98 | 10.25 | -23.46 | 0.58 | 45.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.01 | 74.78 | -9.05 | 0.06 | 160.0 | 100.0 | 1.21 | 80.6 | 22.22 | 17.04 | 85.68 | 0 | 0.97 | 10.23 | 11.49 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | 0.0 | 4.41 | 0.0 | 0.0 | 0.7 | 1.45 | 1.45 | 0.42 | 13.51 | 13.51 | 0.13 | -40.91 | -55.17 | 1.25 | -2.34 | -6.72 | -0.28 | -12.0 | -75.0 | -0.15 | -400.0 | -215.38 | 0.01 | 0.9 | -40.4 |
| 20Q1 (5) | 3.61 | -9.07 | -41.11 | 0.4 | 0.0 | -69.23 | 0 | 0 | 0 | 0 | 0 | 0 | 1.15 | -41.03 | -51.27 | -0.1 | -600.0 | -1100.0 | 0.67 | -11.84 | -36.19 | 9.18 | 2.77 | 0 | 0.88 | 14.29 | -26.67 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -100.0 | 4.41 | 0.0 | 0.0 | 0.69 | 0.0 | 13.11 | 0.37 | 0.0 | 19.35 | 0.22 | -31.25 | -75.56 | 1.28 | -7.25 | -30.05 | -0.25 | -4.17 | -78.57 | -0.03 | -137.5 | -103.95 | 0.01 | -18.44 | -35.85 |
| 19Q4 (4) | 3.97 | -17.81 | 0.0 | 0.4 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 1.95 | -2.01 | 0.0 | 0.02 | 0.0 | 0.0 | 0.76 | -30.91 | 0.0 | 8.93 | 0 | 0.0 | 0.77 | -17.2 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | -100.0 | 0.0 | 4.41 | 0.0 | 0.0 | 0.69 | 0.0 | 0.0 | 0.37 | 0.0 | 0.0 | 0.32 | 3.23 | 0.0 | 1.38 | 1.47 | 0.0 | -0.24 | -20.0 | 0.0 | 0.08 | -27.27 | 0.0 | 0.01 | -27.95 | 0.0 |
