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) | 4.02 | 22.56 | 10.35 | 9.99 | 0.19 | 0.0 | 0 | 0 | 11.01 | -19.46 | 0.26 | -60.0 | 1.46 | -24.35 | 13.26 | -6.08 | 1.83 | -25.91 | 3.02 | -7.65 | 3.47 | -36.21 | 0.16 | -5.88 | 7.77 | 0.0 | 0.06 | 0 | 0.34 | 0.0 | 0.95 | 61.02 | 1.35 | 45.16 | 0.49 | -40.24 | 1.44 | 2.13 | 0.17 | -11.9 |
| 2022 (9) | 3.28 | -27.27 | 9.41 | 23.33 | 0.19 | 533.33 | 0 | 0 | 13.67 | 18.97 | 0.65 | 0 | 1.93 | -20.9 | 14.12 | -33.52 | 2.47 | -2.37 | 3.27 | -28.13 | 5.44 | -26.29 | 0.17 | 112.5 | 7.77 | -23.97 | 0 | 0 | 0.34 | -8.11 | 0.59 | 0 | 0.93 | 0 | 0.82 | 0 | 1.41 | 0 | 0.20 | -6.87 |
| 2021 (8) | 4.51 | 109.77 | 7.63 | -11.28 | 0.03 | 0 | 0 | 0 | 11.49 | 25.85 | -1.29 | 0 | 2.44 | 101.65 | 21.24 | 60.23 | 2.53 | 96.12 | 4.55 | 73.66 | 7.38 | -11.83 | 0.08 | -70.37 | 10.22 | 0.0 | 0 | 0 | 0.37 | 0.0 | -2.45 | 0 | -2.08 | 0 | -0.77 | 0 | -3.22 | 0 | 0.21 | -4.72 |
| 2020 (7) | 2.15 | -67.18 | 8.6 | 45.03 | 0 | 0 | 0 | 0 | 9.13 | -10.84 | -1.14 | 0 | 1.21 | -32.02 | 13.25 | -23.76 | 1.29 | -6.52 | 2.62 | -19.63 | 8.37 | -26.19 | 0.27 | -6.9 | 10.22 | -2.39 | 0 | 0 | 0.37 | 0.0 | -1.15 | 0 | -0.78 | 0 | -0.65 | 0 | -1.8 | 0 | 0.22 | -8.1 |
| 2019 (6) | 6.55 | 6.16 | 5.93 | 21.52 | 0 | 0 | 0 | 0 | 10.24 | 0.0 | -0.95 | 0 | 1.78 | -13.17 | 17.38 | -13.17 | 1.38 | -9.21 | 3.26 | -0.61 | 11.34 | -2.91 | 0.29 | 3.57 | 10.47 | 0.0 | 0 | 0 | 0.37 | 0.0 | -2.56 | 0 | -2.19 | 0 | -0.61 | 0 | -3.17 | 0 | 0.24 | -7.66 |
| 2018 (5) | 6.17 | 179.19 | 4.88 | 227.52 | 0.41 | -58.59 | 0 | 0 | 10.24 | -42.95 | -0.43 | 0 | 2.05 | -32.79 | 20.02 | 17.82 | 1.52 | -30.91 | 3.28 | 1.86 | 11.68 | -27.14 | 0.28 | -9.68 | 10.47 | -0.19 | 0.25 | 0.0 | 0.37 | 0.0 | -13.04 | 0 | -12.41 | 0 | -3.17 | 0 | -16.21 | 0 | 0.26 | 9.52 |
| 2017 (4) | 2.21 | 68.7 | 1.49 | -57.43 | 0.99 | 110.64 | 0 | 0 | 17.95 | -25.36 | 3.13 | 71.98 | 3.05 | -64.78 | 16.99 | -52.81 | 2.2 | -32.93 | 3.22 | 411.11 | 16.03 | -9.49 | 0.31 | 14.81 | 10.49 | 0.48 | 0.25 | 0.0 | 0.37 | 0.0 | -12.41 | 0 | -11.79 | 0 | -0.2 | 0 | -12.61 | 0 | 0.24 | -24.12 |
| 2016 (3) | 1.31 | -29.95 | 3.5 | -28.72 | 0.47 | -27.69 | 0 | 0 | 24.05 | -50.78 | 1.82 | 1922.22 | 8.66 | 15.47 | 36.01 | 134.58 | 3.28 | 20.59 | 0.63 | 600.0 | 17.71 | 10.83 | 0.27 | 0.0 | 10.44 | 2.45 | 0.25 | 0.0 | 0.37 | 0.0 | -15.11 | 0 | -14.49 | 0 | 1.65 | -35.55 | -13.46 | 0 | 0.31 | 35.27 |
| 2015 (2) | 1.87 | -52.54 | 4.91 | -55.49 | 0.65 | -89.06 | 0 | 0 | 48.86 | -34.37 | 0.09 | 0 | 7.5 | -73.99 | 15.35 | -60.36 | 2.72 | -66.38 | 0.09 | -52.63 | 15.98 | -10.07 | 0.27 | -55.0 | 10.19 | 0.0 | 0.25 | 0.0 | 0.37 | 0.0 | -16.49 | 0 | -15.86 | 0 | 2.56 | 1063.64 | -13.93 | 0 | 0.23 | -52.95 |
| 2014 (1) | 3.94 | 15.2 | 11.03 | -13.15 | 5.94 | 371.43 | 0 | 0 | 74.45 | 52.06 | -0.87 | 0 | 28.83 | 28.94 | 38.72 | -15.21 | 8.09 | 52.64 | 0.19 | -9.52 | 17.77 | -9.57 | 0.6 | 53.85 | 10.19 | 0.0 | 0.25 | 0.0 | 0.37 | 0.0 | -16.58 | 0 | -15.96 | 0 | 0.22 | 633.33 | -16.36 | 0 | 0.49 | 122.51 |
| 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) | 4.02 | -5.85 | 22.56 | 10.35 | -9.21 | 9.99 | 0.19 | 0.0 | 0.0 | 0 | 0 | 0 | 2.21 | -10.89 | -24.83 | -0.14 | -255.56 | -800.0 | 1.46 | -17.51 | -24.35 | 13.26 | -12.05 | -6.14 | 1.83 | -12.44 | -25.91 | 3.02 | -3.21 | -7.65 | 3.47 | -1.42 | -36.21 | 0.16 | 6.67 | -5.88 | 7.77 | 0.0 | 0.0 | 0.06 | 0.0 | 0 | 0.34 | 0.0 | 0.0 | 0.95 | -12.04 | 61.02 | 1.35 | -8.78 | 45.16 | 0.49 | -46.74 | -40.24 | 1.44 | -28.0 | 2.13 | 0.17 | -11.69 | -11.9 |
| 23Q3 (19) | 4.27 | -1.61 | -22.22 | 11.4 | 23.51 | 9.93 | 0.19 | 0.0 | 0.0 | 0 | 0 | 0 | 2.48 | -21.52 | -31.49 | 0.09 | -50.0 | -67.86 | 1.77 | -9.69 | -26.56 | 15.08 | -0.92 | -13.79 | 2.09 | -5.0 | -20.83 | 3.12 | 1.3 | -7.69 | 3.52 | -34.33 | -35.88 | 0.15 | -6.25 | 200.0 | 7.77 | 0.0 | 0.0 | 0.06 | 0.0 | 0 | 0.34 | 0.0 | 0.0 | 1.08 | 9.09 | 96.36 | 1.48 | 6.47 | 66.29 | 0.92 | 113.95 | 67.27 | 2.0 | 40.85 | 81.82 | 0.20 | -1.3 | -4.5 |
| 23Q2 (18) | 4.34 | -7.07 | -13.55 | 9.23 | -9.06 | 18.79 | 0.19 | 0.0 | 0.0 | 0 | 0 | 0 | 3.16 | 0.0 | -13.19 | 0.18 | 28.57 | -40.0 | 1.96 | 4.26 | -17.99 | 15.22 | 8.14 | -16.85 | 2.2 | -7.17 | -21.43 | 3.08 | -4.94 | -9.41 | 5.36 | -0.74 | -3.07 | 0.16 | 6.67 | 220.0 | 7.77 | 0.0 | -23.97 | 0.06 | 0 | 0 | 0.34 | 0.0 | 0.0 | 0.99 | -21.43 | 145.41 | 1.39 | -13.12 | 175.54 | 0.43 | 126.32 | 326.32 | 1.42 | -2.07 | 159.92 | 0.20 | 2.01 | -6.8 |
| 23Q1 (17) | 4.67 | 42.38 | -2.3 | 10.15 | 7.86 | 22.88 | 0.19 | 0.0 | -44.12 | 0 | 0 | 0 | 3.16 | 7.48 | -8.67 | 0.14 | 600.0 | 250.0 | 1.88 | -2.59 | -21.67 | 14.07 | -0.4 | -26.65 | 2.37 | -4.05 | -12.55 | 3.24 | -0.92 | -29.72 | 5.4 | -0.74 | -23.51 | 0.15 | -11.76 | 114.29 | 7.77 | 0.0 | -23.97 | 0 | 0 | 0 | 0.34 | 0.0 | -8.11 | 1.26 | 113.56 | 152.5 | 1.6 | 72.04 | 178.82 | 0.19 | -76.83 | 176.0 | 1.45 | 2.84 | 154.72 | 0.19 | -0.91 | -5.19 |
| 22Q4 (16) | 3.28 | -40.26 | -27.27 | 9.41 | -9.26 | 23.33 | 0.19 | 0.0 | 533.33 | 0 | 0 | 0 | 2.94 | -18.78 | -3.92 | 0.02 | -92.86 | 101.89 | 1.93 | -19.92 | -20.9 | 14.13 | -19.21 | -33.47 | 2.47 | -6.44 | -2.37 | 3.27 | -3.25 | -28.13 | 5.44 | -0.91 | -26.29 | 0.17 | 240.0 | 112.5 | 7.77 | 0.0 | -23.97 | 0 | 0 | 0 | 0.34 | 0.0 | -8.11 | 0.59 | 7.27 | 124.08 | 0.93 | 4.49 | 144.71 | 0.82 | 49.09 | 206.49 | 1.41 | 28.18 | 143.79 | 0.20 | -4.28 | -6.87 |
| 22Q3 (15) | 5.49 | 9.36 | 19.87 | 10.37 | 33.46 | 20.86 | 0.19 | 0.0 | 533.33 | 0 | 0 | 0 | 3.62 | -0.55 | 24.83 | 0.28 | -6.67 | 833.33 | 2.41 | 0.84 | 19.31 | 17.49 | -4.43 | -12.29 | 2.64 | -5.71 | 3.12 | 3.38 | -0.59 | 48.25 | 5.49 | -0.72 | -25.61 | 0.05 | 0.0 | -77.27 | 7.77 | -23.97 | -23.97 | 0 | 0 | 0 | 0.34 | 0.0 | -8.11 | 0.55 | 125.23 | 139.57 | 0.89 | 148.37 | 187.25 | 0.55 | 389.47 | 161.11 | 1.1 | 146.41 | 148.03 | 0.20 | -3.67 | -7.79 |
| 22Q2 (14) | 5.02 | 5.02 | 126.13 | 7.77 | -5.93 | -1.52 | 0.19 | -44.12 | 533.33 | 0 | 0 | 0 | 3.64 | 5.2 | 17.8 | 0.3 | 650.0 | 330.77 | 2.39 | -0.42 | 8.64 | 18.30 | -4.61 | -22.14 | 2.8 | 3.32 | 36.59 | 3.4 | -26.25 | 44.68 | 5.53 | -21.67 | -25.07 | 0.05 | -28.57 | -79.17 | 10.22 | 0.0 | 0.0 | 0 | 0 | 0 | 0.34 | -8.11 | -8.11 | -2.18 | 9.17 | -53.52 | -1.84 | 9.36 | -75.24 | -0.19 | 24.0 | 77.91 | -2.37 | 10.57 | -3.95 | 0.21 | 3.76 | -4.55 |
| 22Q1 (13) | 4.78 | 5.99 | 104.27 | 8.26 | 8.26 | 0.73 | 0.34 | 1033.33 | 0 | 0 | 0 | 0 | 3.46 | 13.07 | 41.8 | 0.04 | 103.77 | 128.57 | 2.4 | -1.64 | 45.45 | 19.18 | -9.66 | 4.99 | 2.71 | 7.11 | 78.29 | 4.61 | 1.32 | 82.94 | 7.06 | -4.34 | -12.52 | 0.07 | -12.5 | -72.0 | 10.22 | 0.0 | 0.0 | 0 | 0 | 0 | 0.37 | 0.0 | 0.0 | -2.4 | 2.04 | -86.05 | -2.03 | 2.4 | -120.65 | -0.25 | 67.53 | 62.69 | -2.65 | 17.7 | -35.2 | 0.20 | -2.66 | -7.9 |
| 21Q4 (12) | 4.51 | -1.53 | 109.77 | 7.63 | -11.07 | -11.28 | 0.03 | 0.0 | 0 | 0 | 0 | 0 | 3.06 | 5.52 | 80.0 | -1.06 | -3633.33 | -19.1 | 2.44 | 20.79 | 101.65 | 21.24 | 6.49 | 60.23 | 2.53 | -1.17 | 96.12 | 4.55 | 99.56 | 73.66 | 7.38 | 0.0 | -11.83 | 0.08 | -63.64 | -70.37 | 10.22 | 0.0 | 0.0 | 0 | 0 | 0 | 0.37 | 0.0 | 0.0 | -2.45 | -76.26 | -113.04 | -2.08 | -103.92 | -166.67 | -0.77 | 14.44 | -18.46 | -3.22 | -40.61 | -78.89 | 0.21 | -5.23 | -4.72 |
| 21Q3 (11) | 4.58 | 106.31 | 64.75 | 8.58 | 8.75 | 17.21 | 0.03 | 0.0 | 0 | 0 | 0 | 0 | 2.9 | -6.15 | 36.15 | 0.03 | 123.08 | 107.69 | 2.02 | -8.18 | 27.85 | 19.94 | -15.16 | 24.06 | 2.56 | 24.88 | 72.97 | 2.28 | -2.98 | -21.11 | 7.38 | 0.0 | -9.67 | 0.22 | -8.33 | -21.43 | 10.22 | 0.0 | -0.87 | 0 | 0 | 0 | 0.37 | 0.0 | 0.0 | -1.39 | 2.11 | -479.17 | -1.02 | 2.86 | -884.62 | -0.9 | -4.65 | -4.65 | -2.29 | -0.44 | -108.18 | 0.22 | -0.29 | 2.26 |
| 21Q2 (10) | 2.22 | -5.13 | -52.97 | 7.89 | -3.78 | -11.15 | 0.03 | 0 | 0 | 0 | 0 | 0 | 3.09 | 26.64 | 11.96 | -0.13 | 7.14 | -425.0 | 2.2 | 33.33 | 13.4 | 23.50 | 28.63 | 25.88 | 2.05 | 34.87 | 28.93 | 2.35 | -6.75 | -21.14 | 7.38 | -8.55 | -5.26 | 0.24 | -4.0 | -20.0 | 10.22 | 0.0 | -2.39 | 0 | 0 | 0 | 0.37 | 0.0 | 0.0 | -1.42 | -10.08 | -1046.67 | -1.05 | -14.13 | -301.92 | -0.86 | -28.36 | -3.61 | -2.28 | -16.33 | -235.29 | 0.22 | 0.12 | -8.3 |
| 21Q1 (9) | 2.34 | 8.84 | -46.82 | 8.2 | -4.65 | -9.89 | 0 | 0 | 0 | 0 | 0 | 0 | 2.44 | 43.53 | -3.94 | -0.14 | 84.27 | -240.0 | 1.65 | 36.36 | -15.82 | 18.27 | 37.87 | -4.44 | 1.52 | 17.83 | -6.17 | 2.52 | -3.82 | -19.49 | 8.07 | -3.58 | -4.16 | 0.25 | -7.41 | -19.35 | 10.22 | 0.0 | -2.39 | 0 | 0 | 0 | 0.37 | 0.0 | 0.0 | -1.29 | -12.17 | 47.56 | -0.92 | -17.95 | 55.98 | -0.67 | -3.08 | -11.67 | -1.96 | -8.89 | 35.95 | 0.22 | 0.7 | -6.9 |
| 20Q4 (8) | 2.15 | -22.66 | -67.18 | 8.6 | 17.49 | 45.03 | 0 | 0 | 0 | 0 | 0 | 0 | 1.7 | -20.19 | -29.17 | -0.89 | -128.21 | -206.9 | 1.21 | -23.42 | -32.02 | 13.25 | -17.55 | -23.68 | 1.29 | -12.84 | -6.52 | 2.62 | -9.34 | -19.63 | 8.37 | 2.45 | -26.19 | 0.27 | -3.57 | -6.9 | 10.22 | -0.87 | -2.39 | 0 | 0 | 0 | 0.37 | 0.0 | 0.0 | -1.15 | -379.17 | 55.08 | -0.78 | -700.0 | 64.38 | -0.65 | 24.42 | -6.56 | -1.8 | -63.64 | 43.22 | 0.22 | 1.71 | -8.1 |
| 20Q3 (7) | 2.78 | -41.1 | -77.29 | 7.32 | -17.57 | 7.49 | 0 | 0 | 0 | 0 | 0 | 0 | 2.13 | -22.83 | -20.82 | -0.39 | -1075.0 | -225.0 | 1.58 | -18.56 | -25.82 | 16.07 | -13.92 | 0 | 1.48 | -6.92 | 2.07 | 2.89 | -3.02 | -11.62 | 8.17 | 4.88 | -35.16 | 0.28 | -6.67 | -9.68 | 10.31 | -1.53 | -1.53 | 0 | 0 | 0 | 0.37 | 0.0 | 0.0 | -0.24 | -260.0 | 89.47 | 0.13 | -75.0 | 106.81 | -0.86 | -3.61 | -177.42 | -1.1 | -61.76 | 57.53 | 0.22 | -10.57 | -18.07 |
| 20Q2 (6) | 4.72 | 7.27 | -71.53 | 8.88 | -2.42 | 74.12 | 0 | 0 | 0 | 0 | 0 | 0 | 2.76 | 8.66 | 5.34 | 0.04 | -60.0 | 110.0 | 1.94 | -1.02 | -22.4 | 18.67 | -2.35 | 0 | 1.59 | -1.85 | 5.3 | 2.98 | -4.79 | -10.51 | 7.79 | -7.48 | -38.17 | 0.3 | -3.23 | 15.38 | 10.47 | 0.0 | 0.0 | 0 | 0 | 0 | 0.37 | 0.0 | 0.0 | 0.15 | 106.1 | 107.21 | 0.52 | 124.88 | 130.41 | -0.83 | -38.33 | -1975.0 | -0.68 | 77.78 | 67.92 | 0.24 | 1.64 | -6.25 |
| 20Q1 (5) | 4.4 | -32.82 | -31.03 | 9.1 | 53.46 | 91.58 | 0 | 0 | 0 | 0 | 0 | 0 | 2.54 | 5.83 | 0.0 | 0.1 | 134.48 | 176.92 | 1.96 | 10.11 | -15.15 | 19.12 | 10.11 | 0 | 1.62 | 17.39 | 18.25 | 3.13 | -3.99 | -9.54 | 8.42 | -25.75 | -33.12 | 0.31 | 6.9 | 14.81 | 10.47 | 0.0 | 0.0 | 0 | 0 | -100.0 | 0.37 | 0.0 | 0.0 | -2.46 | 3.91 | 81.32 | -2.09 | 4.57 | 83.33 | -0.6 | 1.64 | 67.57 | -3.06 | 3.47 | 79.63 | 0.24 | -0.59 | -7.63 |
| 19Q4 (4) | 6.55 | -46.49 | 0.0 | 5.93 | -12.92 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 2.4 | -10.78 | 0.0 | -0.29 | -141.67 | 0.0 | 1.78 | -16.43 | 0.0 | 17.37 | 0 | 0.0 | 1.38 | -4.83 | 0.0 | 3.26 | -0.31 | 0.0 | 11.34 | -10.0 | 0.0 | 0.29 | -6.45 | 0.0 | 10.47 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0.37 | 0.0 | 0.0 | -2.56 | -12.28 | 0.0 | -2.19 | -14.66 | 0.0 | -0.61 | -96.77 | 0.0 | -3.17 | -22.39 | 0.0 | 0.24 | -9.33 | 0.0 |
