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) | 5.23 | 5.66 | 0.97 | -26.52 | 0.03 | 0 | 0 | 0 | 2.96 | -31.48 | 0.2 | -80.2 | 0.63 | -29.21 | 21.28 | 3.31 | 1.63 | -20.49 | 0 | 0 | 0.18 | 0 | 0.03 | -25.0 | 4.0 | 0.0 | 0.74 | 15.62 | 0.18 | -45.45 | 1.9 | -15.93 | 2.83 | -12.11 | -0.04 | 0 | 1.86 | -18.06 | 0.01 | 5.88 |
| 2022 (9) | 4.95 | 4.43 | 1.32 | -34.65 | 0 | 0 | 0 | 0 | 4.32 | -5.88 | 1.01 | 304.0 | 0.89 | -22.61 | 20.60 | -17.77 | 2.05 | 46.43 | 0 | 0 | 0 | 0 | 0.04 | -20.0 | 4.0 | 0.0 | 0.64 | 4.92 | 0.33 | 43.48 | 2.26 | 46.75 | 3.22 | 34.73 | 0.01 | 0 | 2.27 | 87.6 | 0.01 | 3.86 |
| 2021 (8) | 4.74 | 5.33 | 2.02 | 20.96 | 0 | 0 | 0 | 0 | 4.59 | 66.3 | 0.25 | 0 | 1.15 | 19.79 | 25.05 | -27.97 | 1.4 | 18.64 | 0 | 0 | 0 | 0 | 0.05 | 0.0 | 4.0 | 0.0 | 0.61 | 1.67 | 0.23 | 27.78 | 1.54 | 11.59 | 2.39 | 11.16 | -0.33 | 0 | 1.21 | 5.22 | 0.01 | 29.34 |
| 2020 (7) | 4.5 | -17.43 | 1.67 | 49.11 | 0 | 0 | 0 | 0 | 2.76 | -22.47 | -0.16 | 0 | 0.96 | 35.21 | 34.78 | 74.4 | 1.18 | -17.48 | 0 | 0 | 0 | 0 | 0.05 | 150.0 | 4.0 | 0.0 | 0.6 | 5.26 | 0.18 | -65.38 | 1.38 | -5.48 | 2.15 | -15.69 | -0.23 | 0 | 1.15 | -16.06 | 0.01 | 16.69 |
| 2019 (6) | 5.45 | 22.47 | 1.12 | 86.67 | 0 | 0 | 0 | 0 | 3.56 | -24.74 | 0.27 | 0 | 0.71 | -39.32 | 19.94 | -19.37 | 1.43 | -12.27 | 0 | 0 | 0 | 0 | 0.02 | -33.33 | 4.0 | 0.0 | 0.57 | 0.0 | 0.52 | 0.0 | 1.46 | 22.69 | 2.55 | 11.84 | -0.09 | 0 | 1.37 | 24.55 | 0.01 | 6.08 |
| 2018 (5) | 4.45 | -1.33 | 0.6 | 0 | 0.03 | 0 | 0 | 0 | 4.73 | -20.24 | -0.24 | 0 | 1.17 | -13.97 | 24.74 | 7.86 | 1.63 | -1.21 | 0 | 0 | 0 | 0 | 0.03 | 200.0 | 4.0 | 0.0 | 0.57 | 0.0 | 0.52 | 0.0 | 1.19 | -16.2 | 2.28 | -9.16 | -0.09 | 0 | 1.1 | -14.06 | 0.01 | 9.31 |
| 2017 (4) | 4.51 | -21.29 | 0 | 0 | 0 | 0 | 0 | 0 | 5.93 | 19.56 | -0.02 | 0 | 1.36 | 0.0 | 22.93 | -16.36 | 1.65 | 3.77 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | 4.0 | 0.0 | 0.57 | 0.0 | 0.52 | 0.0 | 1.42 | -1.39 | 2.51 | -0.79 | -0.14 | 0 | 1.28 | -20.5 | 0.01 | -84.33 |
| 2016 (3) | 5.73 | 4.56 | 0 | 0 | 0 | 0 | 0 | 0 | 4.96 | -24.96 | -0.28 | 0 | 1.36 | -8.11 | 27.42 | 22.46 | 1.59 | -20.9 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | 4.0 | 0.0 | 0.57 | 0.0 | 0.52 | 0.0 | 1.44 | -16.28 | 2.53 | -9.96 | 0.17 | -65.31 | 1.61 | -27.15 | 0.05 | -4.88 |
| 2015 (2) | 5.48 | 25.11 | 0 | 0 | 0 | 0 | 0 | 0 | 6.61 | -17.99 | -0.17 | 0 | 1.48 | -35.37 | 22.39 | -21.19 | 2.01 | -27.7 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | 4.0 | 0.0 | 0.57 | 1.79 | 0.52 | 0.0 | 1.72 | -9.95 | 2.81 | -6.02 | 0.49 | 8.89 | 2.21 | -6.36 | 0.05 | -6.04 |
| 2014 (1) | 4.38 | -3.52 | 0 | 0 | 0 | 0 | 0 | 0 | 8.06 | 10.87 | 0.1 | 0 | 2.29 | 2.23 | 28.41 | -7.79 | 2.78 | 11.65 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | 4.0 | 0.0 | 0.56 | 0.0 | 0.52 | 0.0 | 1.91 | 4.95 | 2.99 | 3.1 | 0.45 | 1025.0 | 2.36 | 26.88 | 0.05 | -2.64 |
| 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) | 5.23 | 8.06 | 5.66 | 0.97 | 2.11 | -26.52 | 0.03 | 200.0 | 0 | 0 | 0 | 0 | 0.74 | 5.71 | -5.13 | -0.12 | -170.59 | -340.0 | 0.63 | -5.97 | -29.21 | 21.28 | -4.7 | 3.31 | 1.63 | -10.44 | -20.49 | 0 | 0 | 0 | 0.18 | -5.26 | 0 | 0.03 | 0.0 | -25.0 | 4.0 | 0.0 | 0.0 | 0.74 | 0.0 | 15.62 | 0.18 | 0.0 | -45.45 | 1.9 | -6.4 | -15.93 | 2.83 | -4.07 | -12.11 | -0.04 | -122.22 | -500.0 | 1.86 | -15.84 | -18.06 | 0.01 | -4.04 | 5.88 |
| 23Q3 (19) | 4.84 | -6.02 | -14.79 | 0.95 | -31.65 | -46.33 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0.7 | -4.11 | -33.33 | 0.17 | 240.0 | -54.05 | 0.67 | 3.08 | -35.58 | 22.33 | 15.1 | 2.0 | 1.82 | -2.67 | 5.81 | 0 | 0 | 0 | 0.19 | -5.0 | 0 | 0.03 | 0.0 | -25.0 | 4.0 | 0.0 | 0.0 | 0.74 | 0.0 | 15.62 | 0.18 | 0.0 | -45.45 | 2.03 | 9.14 | -6.88 | 2.95 | 6.12 | -6.35 | 0.18 | 1000.0 | 28.57 | 2.21 | 20.11 | -4.74 | 0.02 | 3.94 | 11.04 |
| 23Q2 (18) | 5.15 | 3.62 | 11.96 | 1.39 | -3.47 | -31.19 | 0 | 0 | 0 | 0 | 0 | 0 | 0.73 | -7.59 | -44.7 | 0.05 | -54.55 | -84.38 | 0.65 | -8.45 | -45.83 | 19.40 | 7.67 | -18.67 | 1.87 | -8.33 | 21.43 | 0 | 0 | 0 | 0.2 | 0 | 0 | 0.03 | -25.0 | -25.0 | 4.0 | 0.0 | 0.0 | 0.74 | 15.62 | 15.62 | 0.18 | -45.45 | -45.45 | 1.86 | -21.52 | 2.76 | 2.78 | -16.52 | 0.36 | -0.02 | 0.0 | 77.78 | 1.84 | -21.7 | 6.98 | 0.01 | 7.37 | 8.67 |
| 23Q1 (17) | 4.97 | 0.4 | 11.43 | 1.44 | 9.09 | -28.71 | 0 | 0 | 0 | 0 | 0 | 0 | 0.79 | 1.28 | -32.48 | 0.11 | 120.0 | -57.69 | 0.71 | -20.22 | -38.26 | 18.02 | -12.53 | -24.31 | 2.04 | -0.49 | 36.91 | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 | 0.0 | 0.0 | 4.0 | 0.0 | 0.0 | 0.64 | 0.0 | 4.92 | 0.33 | 0.0 | 43.48 | 2.37 | 4.87 | 31.67 | 3.33 | 3.42 | 25.66 | -0.02 | -300.0 | 87.5 | 2.35 | 3.52 | 43.29 | 0.01 | -1.12 | -1.54 |
| 22Q4 (16) | 4.95 | -12.85 | 4.43 | 1.32 | -25.42 | -34.65 | 0 | 0 | 0 | 0 | 0 | 0 | 0.78 | -25.71 | -35.54 | 0.05 | -86.49 | -66.67 | 0.89 | -14.42 | -22.61 | 20.60 | -5.91 | -17.77 | 2.05 | 19.19 | 46.43 | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 | 0.0 | -20.0 | 4.0 | 0.0 | 0.0 | 0.64 | 0.0 | 4.92 | 0.33 | 0.0 | 43.48 | 2.26 | 3.67 | 46.75 | 3.22 | 2.22 | 34.73 | 0.01 | -92.86 | 103.03 | 2.27 | -2.16 | 87.6 | 0.01 | 0.63 | 3.86 |
| 22Q3 (15) | 5.68 | 23.48 | 35.56 | 1.77 | -12.38 | -9.69 | 0 | 0 | 0 | 0 | 0 | 0 | 1.05 | -20.45 | -21.05 | 0.37 | 15.62 | 362.5 | 1.04 | -13.33 | -23.53 | 21.89 | -8.22 | -31.26 | 1.72 | 11.69 | 27.41 | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 | 0.0 | -20.0 | 4.0 | 0.0 | 0.0 | 0.64 | 0.0 | 4.92 | 0.33 | 0.0 | 43.48 | 2.18 | 20.44 | 54.61 | 3.15 | 13.72 | 39.38 | 0.14 | 255.56 | 143.75 | 2.32 | 34.88 | 112.84 | 0.01 | 1.72 | 13.69 |
| 22Q2 (14) | 4.6 | 3.14 | 4.31 | 2.02 | 0.0 | 4.66 | 0 | 0 | 0 | 0 | 0 | 0 | 1.32 | 12.82 | 17.86 | 0.32 | 23.08 | 3100.0 | 1.2 | 4.35 | 9.09 | 23.86 | 0.2 | -22.14 | 1.54 | 3.36 | 10.79 | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 | 0.0 | -20.0 | 4.0 | 0.0 | 0.0 | 0.64 | 4.92 | 6.67 | 0.33 | 43.48 | 83.33 | 1.81 | 0.56 | 30.22 | 2.77 | 4.53 | 27.65 | -0.09 | 43.75 | 71.88 | 1.72 | 4.88 | 60.75 | 0.01 | -2.71 | 13.81 |
| 22Q1 (13) | 4.46 | -5.91 | -1.55 | 2.02 | 0.0 | 8.6 | 0 | 0 | 0 | 0 | 0 | 0 | 1.17 | -3.31 | 25.81 | 0.26 | 73.33 | 2500.0 | 1.15 | 0.0 | 25.0 | 23.81 | -4.97 | -19.77 | 1.49 | 6.43 | 20.16 | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 | -20.0 | -20.0 | 4.0 | 0.0 | 0.0 | 0.61 | 0.0 | 1.67 | 0.23 | 0.0 | 27.78 | 1.8 | 16.88 | 29.5 | 2.65 | 10.88 | 22.69 | -0.16 | 51.52 | 33.33 | 1.64 | 35.54 | 42.61 | 0.01 | 4.29 | 35.09 |
| 21Q4 (12) | 4.74 | 13.13 | 5.33 | 2.02 | 3.06 | 20.96 | 0 | 0 | 0 | 0 | 0 | 0 | 1.21 | -9.02 | 35.96 | 0.15 | 87.5 | 0 | 1.15 | -15.44 | 19.79 | 25.05 | -21.34 | -27.71 | 1.4 | 3.7 | 18.64 | 0 | 0 | 0 | 0 | 0 | 0 | 0.05 | 0.0 | 0.0 | 4.0 | 0.0 | 0.0 | 0.61 | 0.0 | 1.67 | 0.23 | 0.0 | 27.78 | 1.54 | 9.22 | 11.59 | 2.39 | 5.75 | 11.16 | -0.33 | -3.12 | -43.48 | 1.21 | 11.01 | 5.22 | 0.01 | 10.16 | 29.34 |
| 21Q3 (11) | 4.19 | -4.99 | -3.46 | 1.96 | 1.55 | -12.11 | 0 | 0 | 0 | 0 | 0 | 0 | 1.33 | 18.75 | 104.62 | 0.08 | 700.0 | 366.67 | 1.36 | 23.64 | 109.23 | 31.85 | 3.95 | 33.77 | 1.35 | -2.88 | 14.41 | 0 | 0 | 0 | 0 | 0 | 0 | 0.05 | 0.0 | -16.67 | 4.0 | 0.0 | 0.0 | 0.61 | 1.67 | 1.67 | 0.23 | 27.78 | 27.78 | 1.41 | 1.44 | 2.92 | 2.26 | 4.15 | 5.61 | -0.32 | 0.0 | -68.42 | 1.09 | 1.87 | -7.63 | 0.01 | 1.82 | 17.93 |
| 21Q2 (10) | 4.41 | -2.65 | -12.5 | 1.93 | 3.76 | 46.21 | 0 | 0 | 0 | 0 | 0 | 0 | 1.12 | 20.43 | 77.78 | 0.01 | 0.0 | 108.33 | 1.1 | 19.57 | 61.76 | 30.64 | 3.25 | 33.38 | 1.39 | 12.1 | 11.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0.05 | 0.0 | -16.67 | 4.0 | 0.0 | 0.0 | 0.6 | 0.0 | 0.0 | 0.18 | 0.0 | 0.0 | 1.39 | 0.0 | -0.71 | 2.17 | 0.46 | -0.46 | -0.32 | -33.33 | -100.0 | 1.07 | -6.96 | -13.71 | 0.01 | 15.48 | 16.84 |
| 21Q1 (9) | 4.53 | 0.67 | -15.96 | 1.86 | 11.38 | 56.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0.93 | 4.49 | 55.0 | 0.01 | 0 | 200.0 | 0.92 | -4.17 | 16.46 | 29.68 | -14.37 | 23.22 | 1.24 | 5.08 | -11.43 | 0 | 0 | 0 | 0 | 0 | 0 | 0.05 | 0.0 | 150.0 | 4.0 | 0.0 | 0.0 | 0.6 | 0.0 | 5.26 | 0.18 | 0.0 | -65.38 | 1.39 | 0.72 | -3.47 | 2.16 | 0.47 | -14.96 | -0.24 | -4.35 | -200.0 | 1.15 | 0.0 | -15.44 | 0.01 | -0.15 | 16.67 |
| 20Q4 (8) | 4.5 | 3.69 | -17.43 | 1.67 | -25.11 | 49.11 | 0 | 0 | 0 | 0 | 0 | 0 | 0.89 | 36.92 | 4.71 | 0 | 100.0 | 100.0 | 0.96 | 47.69 | 35.21 | 34.66 | 45.56 | 74.26 | 1.18 | 0.0 | -17.48 | 0 | 0 | 0 | 0 | 0 | 0 | 0.05 | -16.67 | 150.0 | 4.0 | 0.0 | 0.0 | 0.6 | 0.0 | 5.26 | 0.18 | 0.0 | -65.38 | 1.38 | 0.73 | -5.48 | 2.15 | 0.47 | -15.69 | -0.23 | -21.05 | -155.56 | 1.15 | -2.54 | -16.06 | 0.01 | 0.44 | 16.69 |
| 20Q3 (7) | 4.34 | -13.89 | -9.58 | 2.23 | 68.94 | 108.41 | 0 | 0 | 0 | 0 | 0 | 0 | 0.65 | 3.17 | -26.14 | -0.03 | 75.0 | 25.0 | 0.65 | -4.41 | -21.69 | 23.81 | 3.64 | 0 | 1.18 | -5.6 | -25.79 | 0 | 0 | 0 | 0 | 0 | 0 | 0.06 | 0.0 | 100.0 | 4.0 | 0.0 | 0.0 | 0.6 | 0.0 | 5.26 | 0.18 | 0.0 | -65.38 | 1.37 | -2.14 | -12.74 | 2.14 | -1.83 | -19.55 | -0.19 | -18.75 | -46.15 | 1.18 | -4.84 | -18.06 | 0.01 | 0.88 | 19.41 |
| 20Q2 (6) | 5.04 | -6.49 | 19.71 | 1.32 | 10.92 | 112.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0.63 | 5.0 | -33.68 | -0.12 | -1100.0 | -200.0 | 0.68 | -13.92 | -27.66 | 22.97 | -4.62 | 0 | 1.25 | -10.71 | -27.33 | 0 | 0 | 0 | 0 | 0 | 0 | 0.06 | 200.0 | 100.0 | 4.0 | 0.0 | 0.0 | 0.6 | 5.26 | 5.26 | 0.18 | -65.38 | -65.38 | 1.4 | -2.78 | -13.04 | 2.18 | -14.17 | -19.26 | -0.16 | -100.0 | -433.33 | 1.24 | -8.82 | -21.52 | 0.01 | 15.31 | 20.41 |
| 20Q1 (5) | 5.39 | -1.1 | 20.31 | 1.19 | 6.25 | 98.33 | 0 | 0 | 0 | 0 | 0 | 0 | 0.6 | -29.41 | -32.58 | -0.01 | 90.91 | -102.17 | 0.79 | 11.27 | -11.24 | 24.09 | 21.11 | 0 | 1.4 | -2.1 | -22.22 | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0.0 | -33.33 | 4.0 | 0.0 | 0.0 | 0.57 | 0.0 | 0.0 | 0.52 | 0.0 | 0.0 | 1.44 | -1.37 | -12.2 | 2.54 | -0.39 | -6.96 | -0.08 | 11.11 | -300.0 | 1.36 | -0.73 | -16.05 | 0.01 | -0.13 | 12.77 |
| 19Q4 (4) | 5.45 | 13.54 | 0.0 | 1.12 | 4.67 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0.85 | -3.41 | 0.0 | -0.11 | -175.0 | 0.0 | 0.71 | -14.46 | 0.0 | 19.89 | 0 | 0.0 | 1.43 | -10.06 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0.02 | -33.33 | 0.0 | 4.0 | 0.0 | 0.0 | 0.57 | 0.0 | 0.0 | 0.52 | 0.0 | 0.0 | 1.46 | -7.01 | 0.0 | 2.55 | -4.14 | 0.0 | -0.09 | 30.77 | 0.0 | 1.37 | -4.86 | 0.0 | 0.01 | 2.78 | 0.0 |
