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) | 8.4 | 16.34 | 4.95 | 53.73 | 1.94 | -27.88 | 0 | 0 | 8.63 | 7.34 | -1.8 | 0 | 6.41 | 137.41 | 74.28 | 121.18 | 2.52 | -18.97 | 0.19 | 850.0 | 5.17 | -2.45 | 2.03 | 3.05 | 6.48 | 3.68 | 0 | 0 | 0 | 0 | -1.68 | 0 | -1.68 | 0 | -0.04 | 0 | -1.72 | 0 | 0.00 | 0 |
| 2022 (9) | 7.22 | 6.96 | 3.22 | 107.74 | 2.69 | -35.8 | 0 | 0 | 8.04 | 2.03 | -0.61 | 0 | 2.7 | 25.0 | 33.58 | 22.51 | 3.11 | 39.46 | 0.02 | 0.0 | 5.3 | -3.11 | 1.97 | 18.67 | 6.25 | 2.46 | 1.27 | 0.0 | 0.15 | 0.0 | -2.43 | 0 | -1.01 | 0 | 0.21 | 0 | -2.22 | 0 | 0.00 | 0 |
| 2021 (8) | 6.75 | -21.88 | 1.55 | -28.24 | 4.19 | 738.0 | 0 | 0 | 7.88 | -25.87 | -1.32 | 0 | 2.16 | -4.42 | 27.41 | 28.93 | 2.23 | -6.3 | 0.02 | -33.33 | 5.47 | -62.59 | 1.66 | -9.78 | 6.1 | 9.52 | 1.27 | 0.0 | 0.15 | 0.0 | -1.82 | 0 | -0.39 | 0 | -0.39 | 0 | -2.21 | 0 | 0.00 | -70.89 |
| 2020 (7) | 8.64 | 11.48 | 2.16 | 13.09 | 0.5 | -80.24 | 0 | 0 | 10.63 | -48.89 | -0.49 | 0 | 2.26 | -21.25 | 21.26 | 54.08 | 2.38 | 2.15 | 0.03 | 0.0 | 14.62 | 79.17 | 1.84 | 12.2 | 5.57 | 0.0 | 1.27 | 39.56 | 0.15 | 0 | -0.49 | 0 | 0.93 | -79.65 | -0.26 | 0 | -0.75 | 0 | 0.00 | -95.28 |
| 2019 (6) | 7.75 | 17.42 | 1.91 | 0 | 2.53 | 132.11 | 0 | 0 | 20.8 | 27.06 | 3.67 | 42.8 | 2.87 | -12.23 | 13.80 | -30.93 | 2.33 | 16.5 | 0.03 | -50.0 | 8.16 | 7.51 | 1.64 | -1.8 | 5.57 | 4.9 | 0.91 | 22.97 | 0 | 0 | 3.66 | 89.64 | 4.57 | 68.63 | -0.15 | 0 | 3.51 | 75.5 | 0.02 | 10.46 |
| 2018 (5) | 6.6 | -7.17 | 0 | 0 | 1.09 | 179.49 | 0 | 0 | 16.37 | 8.12 | 2.57 | -3.38 | 3.27 | 44.69 | 19.98 | 33.82 | 2.0 | 5.82 | 0.06 | -25.0 | 7.59 | 121.93 | 1.67 | 39.17 | 5.31 | 18.79 | 0.74 | 57.45 | 0.04 | 300.0 | 1.93 | -39.31 | 2.71 | -25.96 | 0.07 | 0 | 2.0 | -36.31 | 0.02 | 3.35 |
| 2017 (4) | 7.11 | 47.51 | 0 | 0 | 0.39 | 77.27 | 0 | 0 | 15.14 | 71.66 | 2.66 | 163.37 | 2.26 | -33.14 | 14.93 | -61.05 | 1.89 | 26.0 | 0.08 | 14.29 | 3.42 | 3.95 | 1.2 | -19.46 | 4.47 | 0.0 | 0.47 | 27.03 | 0.01 | 0.0 | 3.18 | 82.76 | 3.66 | 72.64 | -0.04 | 0 | 3.14 | 82.56 | 0.02 | 5.01 |
| 2016 (3) | 4.82 | -31.44 | 0.2 | 0 | 0.22 | -90.76 | 0 | 0 | 8.82 | 25.11 | 1.01 | -9.82 | 3.38 | 23.36 | 38.32 | -1.4 | 1.5 | 4.9 | 0.07 | 0 | 3.29 | 306.17 | 1.49 | 18.25 | 4.47 | 0.0 | 0.37 | 42.31 | 0.01 | 0 | 1.74 | -10.77 | 2.12 | -3.64 | -0.02 | 0 | 1.72 | -12.24 | 0.02 | 3.99 |
| 2015 (2) | 7.03 | 147.54 | 0 | 0 | 2.38 | 3300.0 | 0 | 0 | 7.05 | -15.06 | 1.12 | -50.0 | 2.74 | 94.33 | 38.87 | 128.78 | 1.43 | 472.0 | 0 | 0 | 0.81 | -53.18 | 1.26 | 869.23 | 4.47 | 31.09 | 0.26 | 766.67 | 0 | 0 | 1.95 | -12.95 | 2.2 | -3.08 | 0.01 | 0 | 1.96 | -12.5 | 0.02 | 0 |
| 2014 (1) | 2.84 | -17.44 | 0 | 0 | 0.07 | 133.33 | 0 | 0 | 8.3 | 148.5 | 2.24 | 0 | 1.41 | -1.4 | 16.99 | -60.32 | 0.25 | -13.79 | 0 | 0 | 1.73 | -46.27 | 0.13 | 333.33 | 3.41 | 24.0 | 0.03 | -40.0 | 0 | 0 | 2.24 | 0 | 2.27 | 7466.67 | 0 | 0 | 2.24 | 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) | 8.4 | 26.89 | 16.34 | 4.95 | 43.48 | 53.73 | 1.94 | 525.81 | -27.88 | 0 | 0 | 0 | 2.56 | 10.82 | 13.27 | -0.71 | 0 | 26.04 | 6.41 | -4.33 | 137.41 | 74.28 | -7.65 | 121.18 | 2.52 | 2.86 | -18.97 | 0.19 | -17.39 | 850.0 | 5.17 | -26.14 | -2.45 | 2.03 | 8.56 | 3.05 | 6.48 | 0.15 | 3.68 | 0 | 0 | -100.0 | 0 | 0 | -100.0 | -1.68 | -60.0 | 30.86 | -1.68 | -60.0 | -66.34 | -0.04 | -120.0 | -119.05 | -1.72 | -102.35 | 22.52 | 0.00 | 0 | 0 |
| 23Q3 (19) | 6.62 | -2.93 | -22.12 | 3.45 | -24.67 | 30.68 | 0.31 | -11.43 | -95.17 | 0 | 0 | 0 | 2.31 | 18.46 | 16.08 | 0 | 100.0 | -100.0 | 6.7 | 5.51 | 144.53 | 80.43 | 1.46 | 121.92 | 2.45 | -10.26 | -10.91 | 0.23 | 4.55 | 2200.0 | 7.0 | 12.0 | 86.17 | 1.87 | -1.58 | -8.33 | 6.47 | 0.31 | 5.37 | 0 | 0 | -100.0 | 0 | 0 | -100.0 | -1.05 | 3.67 | 28.57 | -1.05 | 3.67 | -2000.0 | 0.2 | 1900.0 | 150.0 | -0.85 | 21.3 | 38.85 | 0.00 | 0 | -100.0 |
| 23Q2 (18) | 6.82 | -12.79 | 43.58 | 4.58 | -11.58 | 148.91 | 0.35 | -84.85 | -94.95 | 0 | 0 | 0 | 1.95 | 7.73 | -11.36 | -0.99 | -890.0 | -130.23 | 6.35 | -12.17 | 91.27 | 79.28 | -9.43 | 87.92 | 2.73 | -2.15 | 16.17 | 0.22 | 450.0 | 2100.0 | 6.25 | 86.57 | 61.5 | 1.9 | -0.52 | -5.47 | 6.45 | 0.0 | 5.74 | 0 | -100.0 | -100.0 | 0 | -100.0 | -100.0 | -1.09 | 56.92 | 54.01 | -1.09 | 0.91 | -15.96 | 0.01 | -75.0 | 106.67 | -1.08 | 56.63 | 57.14 | 0.00 | 0 | -100.0 |
| 23Q1 (17) | 7.82 | 8.31 | 17.77 | 5.18 | 60.87 | 189.39 | 2.31 | -14.13 | -42.96 | 0 | 0 | 0 | 1.81 | -19.91 | 13.84 | -0.1 | 89.58 | 16.67 | 7.23 | 167.78 | 175.95 | 87.53 | 160.65 | 150.9 | 2.79 | -10.29 | 14.81 | 0.04 | 100.0 | 100.0 | 3.35 | -36.79 | -53.28 | 1.91 | -3.05 | 17.18 | 6.45 | 3.2 | 5.74 | 1.27 | 0.0 | 0.0 | 0.15 | 0.0 | 0.0 | -2.53 | -4.12 | -30.41 | -1.1 | -8.91 | -111.54 | 0.04 | -80.95 | 130.77 | -2.49 | -12.16 | -20.29 | 0.00 | 0 | -100.0 |
| 22Q4 (16) | 7.22 | -15.06 | 6.96 | 3.22 | 21.97 | 107.74 | 2.69 | -58.1 | -35.8 | 0 | 0 | 0 | 2.26 | 13.57 | 26.97 | -0.96 | -206.67 | -166.67 | 2.7 | -1.46 | 25.0 | 33.58 | -7.34 | 22.51 | 3.11 | 13.09 | 39.46 | 0.02 | 100.0 | 0.0 | 5.3 | 40.96 | -3.11 | 1.97 | -3.43 | 18.67 | 6.25 | 1.79 | 2.46 | 1.27 | 0.0 | 0.0 | 0.15 | 0.0 | 0.0 | -2.43 | -65.31 | -33.52 | -1.01 | -1920.0 | -158.97 | 0.21 | 162.5 | 153.85 | -2.22 | -59.71 | -0.45 | 0.00 | -100.0 | -100.0 |
| 22Q3 (15) | 8.5 | 78.95 | 18.72 | 2.64 | 43.48 | 104.65 | 6.42 | -7.36 | 673.49 | 0 | 0 | 0 | 1.99 | -9.55 | -13.48 | 0.9 | 309.3 | 372.73 | 2.74 | -17.47 | -6.48 | 36.24 | -14.09 | 5.76 | 2.75 | 17.02 | 4.96 | 0.01 | 0.0 | -50.0 | 3.76 | -2.84 | -69.77 | 2.04 | 1.49 | 19.3 | 6.14 | 0.66 | 6.97 | 1.27 | 0.0 | 0.0 | 0.15 | 0.0 | 0.0 | -1.47 | 37.97 | -0.68 | -0.05 | 94.68 | -66.67 | 0.08 | 153.33 | 119.05 | -1.39 | 44.84 | 26.06 | 0.00 | -5.12 | -57.38 |
| 22Q2 (14) | 4.75 | -28.46 | -43.38 | 1.84 | 2.79 | 64.29 | 6.93 | 71.11 | 696.55 | 0 | 0 | 0 | 2.2 | 38.36 | 19.57 | -0.43 | -258.33 | -34.38 | 3.32 | 26.72 | 7.1 | 42.19 | 20.92 | 15.67 | 2.35 | -3.29 | -2.08 | 0.01 | -50.0 | -66.67 | 3.87 | -46.03 | -69.81 | 2.01 | 23.31 | 15.52 | 6.1 | 0.0 | 6.83 | 1.27 | 0.0 | 0.0 | 0.15 | 0.0 | 0.0 | -2.37 | -22.16 | -111.61 | -0.94 | -80.77 | -413.33 | -0.15 | -15.38 | 63.41 | -2.52 | -21.74 | -64.71 | 0.00 | 1.46 | -54.96 |
| 22Q1 (13) | 6.64 | -1.63 | -23.85 | 1.79 | 15.48 | -22.17 | 4.05 | -3.34 | 610.53 | 0 | 0 | 0 | 1.59 | -10.67 | -18.88 | -0.12 | 66.67 | 61.29 | 2.62 | 21.3 | -20.61 | 34.89 | 27.27 | -5.49 | 2.43 | 8.97 | 4.74 | 0.02 | 0.0 | -33.33 | 7.17 | 31.08 | -44.97 | 1.63 | -1.81 | -10.44 | 6.1 | 0.0 | 7.39 | 1.27 | 0.0 | 0.0 | 0.15 | 0.0 | 0.0 | -1.94 | -6.59 | -142.5 | -0.52 | -33.33 | -183.87 | -0.13 | 66.67 | 58.06 | -2.07 | 6.33 | -86.49 | 0.00 | -0.49 | -55.35 |
| 21Q4 (12) | 6.75 | -5.73 | -21.88 | 1.55 | 20.16 | -28.24 | 4.19 | 404.82 | 738.0 | 0 | 0 | 0 | 1.78 | -22.61 | -27.35 | -0.36 | -9.09 | -125.0 | 2.16 | -26.28 | -4.42 | 27.41 | -20.01 | 28.93 | 2.23 | -14.89 | -6.3 | 0.02 | 0.0 | -33.33 | 5.47 | -56.03 | -62.59 | 1.66 | -2.92 | -9.78 | 6.1 | 6.27 | 9.52 | 1.27 | 0.0 | 0.0 | 0.15 | 0.0 | 0.0 | -1.82 | -24.66 | -271.43 | -0.39 | -1200.0 | -141.94 | -0.39 | 7.14 | -50.0 | -2.21 | -17.55 | -194.67 | 0.00 | -55.51 | -70.89 |
| 21Q3 (11) | 7.16 | -14.66 | -8.56 | 1.29 | 15.18 | -86.04 | 0.83 | -4.6 | -47.13 | 0 | 0 | 0 | 2.3 | 25.0 | 2.22 | -0.33 | -3.12 | -153.85 | 2.93 | -5.48 | -35.89 | 34.27 | -6.04 | 5.13 | 2.62 | 9.17 | 34.36 | 0.02 | -33.33 | -50.0 | 12.44 | -2.96 | 77.71 | 1.71 | -1.72 | -1.72 | 5.74 | 0.53 | 3.05 | 1.27 | 0.0 | 0.0 | 0.15 | 0.0 | 0.0 | -1.46 | -30.36 | -356.25 | -0.03 | -110.0 | -102.73 | -0.42 | -2.44 | -35.48 | -1.88 | -22.88 | -198.41 | 0.00 | 0.26 | -3.41 |
| 21Q2 (10) | 8.39 | -3.78 | -8.71 | 1.12 | -51.3 | -87.02 | 0.87 | 52.63 | -45.62 | 0 | 0 | 0 | 1.84 | -6.12 | -19.3 | -0.32 | -3.23 | -60.0 | 3.1 | -6.06 | -17.11 | 36.47 | -1.2 | 69.09 | 2.4 | 3.45 | 3.0 | 0.03 | 0.0 | 50.0 | 12.82 | -1.61 | 74.66 | 1.74 | -4.4 | -1.69 | 5.71 | 0.53 | 2.51 | 1.27 | 0.0 | 0.0 | 0.15 | 0.0 | 0.0 | -1.12 | -40.0 | -489.47 | 0.3 | -51.61 | -75.61 | -0.41 | -32.26 | -28.12 | -1.53 | -37.84 | -200.0 | 0.00 | 0.59 | -3.22 |
| 21Q1 (9) | 8.72 | 0.93 | -12.19 | 2.3 | 6.48 | -66.08 | 0.57 | 14.0 | -63.46 | 0 | 0 | 0 | 1.96 | -20.0 | -46.3 | -0.31 | -93.75 | -3200.0 | 3.3 | 46.02 | -13.61 | 36.91 | 73.62 | 93.74 | 2.32 | -2.52 | -5.31 | 0.03 | 0.0 | 50.0 | 13.03 | -10.88 | 69.22 | 1.82 | -1.09 | -27.2 | 5.68 | 1.97 | 1.97 | 1.27 | 0.0 | 39.56 | 0.15 | 0.0 | 0 | -0.8 | -63.27 | -121.8 | 0.62 | -33.33 | -86.46 | -0.31 | -19.23 | -63.16 | -1.11 | -48.0 | -131.9 | 0.00 | -35.12 | -96.9 |
| 20Q4 (8) | 8.64 | 10.34 | 11.48 | 2.16 | -76.62 | 13.09 | 0.5 | -68.15 | -80.24 | 0 | 0 | 0 | 2.45 | 8.89 | -58.05 | -0.16 | -23.08 | -120.51 | 2.26 | -50.55 | -27.1 | 21.26 | -34.78 | 42.65 | 2.38 | 22.05 | 2.15 | 0.03 | -25.0 | 0.0 | 14.62 | 108.86 | 79.17 | 1.84 | 5.75 | -20.69 | 5.57 | 0.0 | 0.0 | 1.27 | 0.0 | 39.56 | 0.15 | 0.0 | 0 | -0.49 | -53.12 | -113.39 | 0.93 | -15.45 | -79.65 | -0.26 | 16.13 | -73.33 | -0.75 | -19.05 | -121.37 | 0.00 | 47.62 | -95.28 |
| 20Q3 (7) | 7.83 | -14.8 | 37.85 | 9.24 | 7.07 | 443.53 | 1.57 | -1.88 | -0.63 | 0 | 0 | 0 | 2.25 | -1.32 | -59.61 | -0.13 | 35.0 | -111.3 | 4.57 | 22.19 | -19.96 | 32.60 | 51.13 | 0 | 1.95 | -16.31 | -39.06 | 0.04 | 100.0 | 0.0 | 7.0 | -4.63 | -17.55 | 1.74 | -1.69 | -17.14 | 5.57 | 0.0 | 0.0 | 1.27 | 0.0 | 39.56 | 0.15 | 0.0 | 0 | -0.32 | -68.42 | -111.07 | 1.1 | -10.57 | -71.05 | -0.31 | 3.12 | -933.33 | -0.63 | -23.53 | -122.03 | 0.00 | 0.46 | -96.95 |
| 20Q2 (6) | 9.19 | -7.45 | 43.59 | 8.63 | 27.29 | 4215.0 | 1.6 | 2.56 | 25.0 | 0 | 0 | 0 | 2.28 | -37.53 | -54.31 | -0.2 | -2100.0 | -122.22 | 3.74 | -2.09 | -16.7 | 21.57 | 13.21 | 0 | 2.33 | -4.9 | -19.38 | 0.02 | 0.0 | -98.59 | 7.34 | -4.68 | -4.43 | 1.77 | -29.2 | -18.81 | 5.57 | 0.0 | 0.0 | 1.27 | 39.56 | 39.56 | 0.15 | 0 | 0 | -0.19 | -105.18 | -110.92 | 1.23 | -73.14 | -53.58 | -0.32 | -68.42 | -346.15 | -0.51 | -114.66 | -127.27 | 0.00 | -96.78 | -96.53 |
| 20Q1 (5) | 9.93 | 28.13 | 23.82 | 6.78 | 254.97 | 2160.0 | 1.56 | -38.34 | 20.0 | 0 | 0 | 0 | 3.65 | -37.5 | -17.05 | 0.01 | -98.72 | -98.8 | 3.82 | 23.23 | 76.85 | 19.05 | 27.84 | 0 | 2.45 | 5.15 | 12.9 | 0.02 | -33.33 | -60.0 | 7.7 | -5.64 | -3.02 | 2.5 | 7.76 | 14.68 | 5.57 | 0.0 | 4.9 | 0.91 | 0.0 | 22.97 | 0 | 0 | -100.0 | 3.67 | 0.27 | 32.97 | 4.58 | 0.22 | 29.38 | -0.19 | -26.67 | -235.71 | 3.48 | -0.85 | 20.0 | 0.02 | -1.21 | 9.16 |
| 19Q4 (4) | 7.75 | 36.44 | 0.0 | 1.91 | 12.35 | 0.0 | 2.53 | 60.13 | 0.0 | 0 | 0 | 0.0 | 5.84 | 4.85 | 0.0 | 0.78 | -32.17 | 0.0 | 3.1 | -45.71 | 0.0 | 14.90 | 0 | 0.0 | 2.33 | -27.19 | 0.0 | 0.03 | -25.0 | 0.0 | 8.16 | -3.89 | 0.0 | 2.32 | 10.48 | 0.0 | 5.57 | 0.0 | 0.0 | 0.91 | 0.0 | 0.0 | 0 | 0 | 0.0 | 3.66 | 26.64 | 0.0 | 4.57 | 20.26 | 0.0 | -0.15 | -400.0 | 0.0 | 3.51 | 22.73 | 0.0 | 0.02 | -4.68 | 0.0 |
