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) | 8.72 | -3.43 | 16.28 | -2.22 | 5.4 | -17.18 | 0.88 | 183.87 | 60.98 | -4.73 | -2.24 | 0 | 19.95 | 11.02 | 32.72 | 16.53 | 8.46 | -21.59 | 0.13 | 160.0 | 7.43 | 1.5 | 0.45 | -8.16 | 28.73 | 0.0 | 0 | 0 | 0 | 0 | -6.13 | 0 | -6.13 | 0 | -5.9 | 0 | -12.03 | 0 | 0.15 | 17.58 |
| 2022 (9) | 9.03 | 77.76 | 16.65 | 14.2 | 6.52 | -30.19 | 0.31 | 6.9 | 64.01 | -12.6 | -3.49 | 0 | 17.97 | -16.81 | 28.07 | -4.81 | 10.79 | -9.18 | 0.05 | -72.22 | 7.32 | -16.34 | 0.49 | 6.52 | 28.73 | 35.52 | 0 | 0 | 0 | 0 | -3.94 | 0 | -3.94 | 0 | -4.99 | 0 | -8.93 | 0 | 0.13 | -14.5 |
| 2021 (8) | 5.08 | 3.67 | 14.58 | -7.37 | 9.34 | 18.98 | 0.29 | -29.27 | 73.24 | -5.36 | -5.27 | 0 | 21.6 | -7.34 | 29.49 | -2.09 | 11.88 | -6.31 | 0.18 | 0.0 | 8.75 | 2.1 | 0.46 | 0.0 | 21.2 | 2.27 | 0 | 0 | 0 | 0 | -5.25 | 0 | -5.25 | 0 | -5.09 | 0 | -10.34 | 0 | 0.15 | 31.81 |
| 2020 (7) | 4.9 | 0.41 | 15.74 | 26.73 | 7.85 | 1.03 | 0.41 | 310.0 | 77.39 | 3.55 | -1.61 | 0 | 23.31 | 11.91 | 30.12 | 8.07 | 12.68 | -7.85 | 0.18 | -18.18 | 8.57 | -18.69 | 0.46 | 4.55 | 20.73 | 0.0 | 0 | 0 | 0 | 0 | -9.46 | 0 | -9.46 | 0 | -4.25 | 0 | -13.71 | 0 | 0.11 | 350.08 |
| 2019 (6) | 4.88 | -3.56 | 12.42 | 22.49 | 7.77 | 226.47 | 0.1 | 0 | 74.74 | 10.78 | -2.8 | 0 | 20.83 | 13.76 | 27.87 | 2.7 | 13.76 | 23.85 | 0.22 | -4.35 | 10.54 | -23.46 | 0.44 | -12.0 | 20.73 | 0.0 | 0 | 0 | 0 | 0 | -7.53 | 0 | -7.53 | 0 | -5.03 | 0 | -12.56 | 0 | 0.02 | 0 |
| 2018 (5) | 5.06 | -25.04 | 10.14 | 62.24 | 2.38 | 77.61 | 0 | 0 | 67.47 | 11736.84 | -4.74 | 0 | 18.31 | -8.17 | 27.14 | -99.22 | 11.11 | 1.0 | 0.23 | 76.92 | 13.77 | -17.5 | 0.5 | 6.38 | 20.73 | 0.0 | 0 | 0 | 0 | 0 | -4.77 | 0 | -4.77 | 0 | -3.27 | 0 | -8.04 | 0 | -0.00 | 0 |
| 2017 (4) | 6.75 | 0 | 6.25 | 0 | 1.34 | 0 | 0 | 0 | 0.57 | 0 | -0.07 | 0 | 19.94 | 0 | 3498.25 | 0 | 11.0 | 0 | 0.13 | 0 | 16.69 | 0 | 0.47 | 0 | 20.73 | 0 | 0 | 0 | 0 | 0 | -0.08 | 0 | -0.08 | 0 | -2.41 | 0 | -2.49 | 0 | 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) | 8.72 | -9.17 | -3.43 | 16.28 | -12.43 | -2.22 | 5.4 | 23.57 | -17.18 | 0.88 | 39.68 | 183.87 | 17.32 | 6.13 | 10.74 | -0.1 | 50.0 | 91.94 | 19.95 | 1.01 | 11.02 | 32.72 | -1.77 | 16.52 | 8.46 | 0.12 | -21.59 | 0.13 | 160.0 | 160.0 | 7.43 | 2.34 | 1.5 | 0.45 | -4.26 | -8.16 | 28.73 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -6.13 | -0.82 | -55.58 | -6.13 | -0.82 | -55.58 | -5.9 | -15.01 | -18.24 | -12.03 | -7.31 | -34.71 | 0.15 | 3.99 | 17.58 |
| 23Q3 (19) | 9.6 | 3.67 | -12.49 | 18.59 | 12.94 | 8.14 | 4.37 | -41.18 | -16.92 | 0.63 | 50.0 | 125.0 | 16.32 | 6.46 | 4.68 | -0.2 | 67.74 | 67.74 | 19.75 | 19.62 | 11.64 | 33.31 | 18.15 | 26.8 | 8.45 | 0.0 | -28.51 | 0.05 | 0.0 | -44.44 | 7.26 | 39.08 | -12.53 | 0.47 | 11.9 | 4.44 | 28.73 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -6.08 | -3.4 | -121.09 | -6.08 | -3.4 | -121.09 | -5.13 | 15.49 | -19.3 | -11.21 | 6.19 | -59.01 | 0.14 | 4.28 | 18.96 |
| 23Q2 (18) | 9.26 | -10.44 | 21.2 | 16.46 | -3.23 | -10.59 | 7.43 | 1.36 | -26.51 | 0.42 | 40.0 | 50.0 | 15.33 | 27.64 | -4.31 | -0.62 | 53.03 | -181.82 | 16.51 | 18.52 | -12.88 | 28.19 | 19.92 | 5.17 | 8.45 | -13.33 | -30.57 | 0.05 | 0.0 | -72.22 | 5.22 | -16.75 | -11.07 | 0.42 | -8.7 | -8.7 | 28.73 | 0.0 | 23.36 | 0 | 0 | 0 | 0 | 0 | 0 | -5.88 | -11.57 | -174.77 | -5.88 | -11.57 | -174.77 | -6.07 | -26.46 | -31.96 | -11.95 | -18.67 | -77.3 | 0.14 | 4.73 | -6.18 |
| 23Q1 (17) | 10.34 | 14.51 | 0.78 | 17.01 | 2.16 | -15.79 | 7.33 | 12.42 | -16.23 | 0.3 | -3.23 | 3.45 | 12.01 | -23.21 | -28.3 | -1.32 | -6.45 | 6.38 | 13.93 | -22.48 | -33.13 | 23.51 | -16.28 | -19.31 | 9.75 | -9.64 | -19.69 | 0.05 | 0.0 | -72.22 | 6.27 | -14.34 | -7.11 | 0.46 | -6.12 | 0.0 | 28.73 | 0.0 | 23.36 | 0 | 0 | 0 | 0 | 0 | 0 | -5.27 | -33.76 | 20.87 | -5.27 | -33.76 | 20.87 | -4.8 | 3.81 | -34.45 | -10.07 | -12.77 | 1.56 | 0.13 | 3.53 | -3.81 |
| 22Q4 (16) | 9.03 | -17.68 | 77.76 | 16.65 | -3.14 | 14.2 | 6.52 | 23.95 | -30.19 | 0.31 | 10.71 | 6.9 | 15.64 | 0.32 | -17.64 | -1.24 | -100.0 | 52.67 | 17.97 | 1.58 | -16.81 | 28.08 | 6.9 | -4.81 | 10.79 | -8.71 | -9.18 | 0.05 | -44.44 | -72.22 | 7.32 | -11.81 | -16.34 | 0.49 | 8.89 | 6.52 | 28.73 | 0.0 | 35.52 | 0 | 0 | 0 | 0 | 0 | 0 | -3.94 | -43.27 | 24.95 | -3.94 | -43.27 | 24.95 | -4.99 | -16.05 | 1.96 | -8.93 | -26.67 | 13.64 | 0.13 | 5.21 | -14.5 |
| 22Q3 (15) | 10.97 | 43.59 | 113.01 | 17.19 | -6.63 | 1.42 | 5.26 | -47.97 | -24.75 | 0.28 | 0.0 | 55.56 | 15.59 | -2.68 | -17.69 | -0.62 | -181.82 | -3.33 | 17.69 | -6.65 | -15.84 | 26.27 | -2.01 | -7.67 | 11.82 | -2.88 | -3.82 | 0.09 | -50.0 | -50.0 | 8.3 | 41.4 | -13.81 | 0.45 | -2.17 | -2.17 | 28.73 | 23.36 | 35.52 | 0 | 0 | 0 | 0 | 0 | 0 | -2.75 | -28.5 | -3.77 | -2.75 | -28.5 | -3.77 | -4.3 | 6.52 | 18.1 | -7.05 | -4.6 | 10.76 | 0.12 | -17.75 | -7.55 |
| 22Q2 (14) | 7.64 | -25.54 | 17.72 | 18.41 | -8.86 | 8.81 | 10.11 | 15.54 | -2.6 | 0.28 | -3.45 | 27.27 | 16.02 | -4.36 | -4.76 | -0.22 | 84.4 | 84.83 | 18.95 | -9.03 | -2.22 | 26.80 | -8.0 | 6.67 | 12.17 | 0.25 | -2.87 | 0.18 | 0.0 | 0.0 | 5.87 | -13.04 | -12.78 | 0.46 | 0.0 | 6.98 | 23.29 | 0.0 | 9.86 | 0 | 0 | 0 | 0 | 0 | 0 | -2.14 | 67.87 | 81.41 | -2.14 | 67.87 | 81.41 | -4.6 | -28.85 | 9.98 | -6.74 | 34.12 | 59.45 | 0.14 | 7.38 | 17.61 |
| 22Q1 (13) | 10.26 | 101.97 | 84.2 | 20.2 | 38.55 | 25.31 | 8.75 | -6.32 | -1.35 | 0.29 | 0.0 | 26.09 | 16.75 | -11.8 | -9.36 | -1.41 | 46.18 | -135.0 | 20.83 | -3.56 | -6.38 | 29.13 | -1.23 | 8.52 | 12.14 | 2.19 | -13.41 | 0.18 | 0.0 | 0.0 | 6.75 | -22.86 | -7.53 | 0.46 | 0.0 | 4.55 | 23.29 | 9.86 | 11.06 | 0 | 0 | 0 | 0 | 0 | 0 | -6.66 | -26.86 | 33.8 | -6.66 | -26.86 | 33.8 | -3.57 | 29.86 | 22.89 | -10.23 | 1.06 | 30.36 | 0.13 | -7.98 | 13.6 |
| 21Q4 (12) | 5.08 | -1.36 | 3.67 | 14.58 | -13.98 | -7.37 | 9.34 | 33.62 | 18.98 | 0.29 | 61.11 | -29.27 | 18.99 | 0.26 | -3.36 | -2.62 | -336.67 | -315.87 | 21.6 | 2.76 | -7.34 | 29.50 | 3.69 | -2.06 | 11.88 | -3.34 | -6.31 | 0.18 | 0.0 | 0.0 | 8.75 | -9.14 | 2.1 | 0.46 | 0.0 | 0.0 | 21.2 | 0.0 | 2.27 | 0 | 0 | 0 | 0 | 0 | 0 | -5.25 | -98.11 | 44.5 | -5.25 | -98.11 | 44.5 | -5.09 | 3.05 | -19.76 | -10.34 | -30.89 | 24.58 | 0.15 | 13.77 | 31.81 |
| 21Q3 (11) | 5.15 | -20.65 | -17.99 | 16.95 | 0.18 | 7.76 | 6.99 | -32.66 | 11.13 | 0.18 | -18.18 | -56.1 | 18.94 | 12.6 | -14.61 | -0.6 | 58.62 | -36.36 | 21.02 | 8.46 | -9.55 | 28.45 | 13.22 | -4.3 | 12.29 | -1.92 | 9.24 | 0.18 | 0.0 | 0.0 | 9.63 | 43.09 | 0.1 | 0.46 | 6.98 | -4.17 | 21.2 | 0.0 | 2.27 | 0 | 0 | 0 | 0 | 0 | 0 | -2.65 | 76.98 | 70.09 | -2.65 | 76.98 | 70.09 | -5.25 | -2.74 | 3.14 | -7.9 | 52.47 | 44.68 | 0.13 | 4.63 | 28.5 |
| 21Q2 (10) | 6.49 | 16.52 | 39.57 | 16.92 | 4.96 | 0.18 | 10.38 | 17.02 | 106.77 | 0.22 | -4.35 | 0 | 16.82 | -8.98 | -25.48 | -1.45 | -141.67 | -246.46 | 19.38 | -12.9 | -12.03 | 25.13 | -6.41 | -12.71 | 12.53 | -10.63 | 0.8 | 0.18 | 0.0 | -14.29 | 6.73 | -7.81 | -34.21 | 0.43 | -2.27 | -4.44 | 21.2 | 1.1 | 2.27 | 0 | 0 | 0 | 0 | 0 | 0 | -11.51 | -14.41 | -37.02 | -11.51 | -14.41 | -37.02 | -5.11 | -10.37 | 17.85 | -16.62 | -13.14 | -13.68 | 0.12 | 3.71 | 179.27 |
| 21Q1 (9) | 5.57 | 13.67 | -1.24 | 16.12 | 2.41 | 37.43 | 8.87 | 12.99 | 59.53 | 0.23 | -43.9 | 0 | 18.48 | -5.95 | 42.15 | -0.6 | 4.76 | 60.53 | 22.25 | -4.55 | 45.71 | 26.85 | -10.86 | 29.04 | 14.02 | 10.57 | -1.2 | 0.18 | 0.0 | -14.29 | 7.3 | -14.82 | -29.88 | 0.44 | -4.35 | 2.33 | 20.97 | 1.16 | 1.16 | 0 | 0 | 0 | 0 | 0 | 0 | -10.06 | -6.34 | -11.16 | -10.06 | -6.34 | -11.16 | -4.63 | -8.94 | 16.88 | -14.69 | -7.15 | -0.48 | 0.12 | 6.77 | 360.01 |
| 20Q4 (8) | 4.9 | -21.97 | 0.41 | 15.74 | 0.06 | 26.73 | 7.85 | 24.8 | 1.03 | 0.41 | 0.0 | 0 | 19.65 | -11.41 | -3.82 | -0.63 | -43.18 | -215.0 | 23.31 | 0.3 | 11.91 | 30.12 | 1.31 | 8.07 | 12.68 | 12.71 | -7.85 | 0.18 | 0.0 | -18.18 | 8.57 | -10.91 | -18.69 | 0.46 | -4.17 | 4.55 | 20.73 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -9.46 | -6.77 | -25.63 | -9.46 | -6.77 | -25.63 | -4.25 | 21.59 | 15.51 | -13.71 | 3.99 | -9.16 | 0.11 | 10.91 | 350.08 |
| 20Q3 (7) | 6.28 | 35.05 | 1.62 | 15.73 | -6.87 | 14.07 | 6.29 | 25.3 | -1.72 | 0.41 | 0 | 0 | 22.18 | -1.73 | 8.04 | -0.44 | -144.44 | -650.0 | 23.24 | 5.49 | 14.2 | 29.73 | 3.27 | 0 | 11.25 | -9.49 | -7.71 | 0.18 | -14.29 | -21.74 | 9.62 | -5.96 | -14.64 | 0.48 | 6.67 | 9.09 | 20.73 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -8.86 | -5.48 | -20.22 | -8.86 | -5.48 | -20.22 | -5.42 | 12.86 | -21.8 | -14.28 | 2.33 | -20.81 | 0.10 | 127.4 | 2222.89 |
| 20Q2 (6) | 4.65 | -17.55 | -27.8 | 16.89 | 43.99 | 55.67 | 5.02 | -9.71 | -41.42 | 0 | 0 | 0 | 22.57 | 73.62 | 16.1 | 0.99 | 165.13 | 310.64 | 22.03 | 44.27 | 18.7 | 28.79 | 38.37 | 0 | 12.43 | -12.4 | 4.45 | 0.21 | 0.0 | -4.55 | 10.23 | -1.73 | 5.03 | 0.45 | 4.65 | 0.0 | 20.73 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -8.4 | 7.18 | -12.75 | -8.4 | 7.18 | -12.75 | -6.22 | -11.67 | -137.4 | -14.62 | 0.0 | -45.18 | 0.04 | 70.83 | 755.51 |
| 20Q1 (5) | 5.64 | 15.57 | -4.73 | 11.73 | -5.56 | 30.33 | 5.56 | -28.44 | -25.57 | 0 | 0 | 0 | 13.0 | -36.37 | -9.41 | -1.52 | -660.0 | 31.22 | 15.27 | -26.69 | -10.33 | 20.80 | -25.34 | 0 | 14.19 | 3.12 | 15.93 | 0.21 | -4.55 | -12.5 | 10.41 | -1.23 | 1.07 | 0.43 | -2.27 | -8.51 | 20.73 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -9.05 | -20.19 | -29.66 | -9.05 | -20.19 | -29.66 | -5.57 | -10.74 | -163.98 | -14.62 | -16.4 | -60.84 | 0.03 | 4.46 | 562.81 |
| 19Q4 (4) | 4.88 | -21.04 | 0.0 | 12.42 | -9.93 | 0.0 | 7.77 | 21.41 | 0.0 | 0 | 0 | 0.0 | 20.43 | -0.49 | 0.0 | -0.2 | -350.0 | 0.0 | 20.83 | 2.36 | 0.0 | 27.87 | 0 | 0.0 | 13.76 | 12.88 | 0.0 | 0.22 | -4.35 | 0.0 | 10.54 | -6.48 | 0.0 | 0.44 | 0.0 | 0.0 | 20.73 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | -7.53 | -2.17 | 0.0 | -7.53 | -2.17 | 0.0 | -5.03 | -13.03 | 0.0 | -12.56 | -6.26 | 0.0 | 0.02 | 472.42 | 0.0 |
