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) | 4.67 | 22.25 | 9.3 | 45.31 | 4.13 | -58.86 | 0 | 0 | 29.08 | -9.04 | 8.92 | -18.61 | 2.47 | 12.27 | 8.49 | 23.43 | 0 | 0 | 174.0 | 56.46 | 85.7 | 23.88 | 0.14 | -6.67 | 33.64 | 22.77 | 5.74 | 23.71 | 0 | 0 | 15.24 | 15.89 | 20.97 | 17.94 | 2.2 | -12.35 | 17.44 | 11.37 | 0.00 | 0 |
| 2022 (9) | 3.82 | -21.24 | 6.4 | 54.22 | 10.04 | 247.4 | 0 | 0 | 31.97 | 26.46 | 10.96 | 91.94 | 2.2 | -19.71 | 6.88 | -36.51 | 0 | 0 | 111.21 | 25.69 | 69.18 | 38.14 | 0.15 | 66.67 | 27.4 | 19.13 | 4.64 | 14.0 | 0 | 0 | 13.15 | -36.69 | 17.78 | -28.42 | 2.51 | -10.04 | 15.66 | -33.53 | 0.00 | 0 |
| 2021 (8) | 4.85 | 115.56 | 4.15 | 591.67 | 2.89 | -2.69 | 0 | 0 | 25.28 | 32.56 | 5.71 | 23.86 | 2.74 | 7.45 | 10.84 | -18.94 | 0 | 0 | 88.48 | 27.38 | 50.08 | 103.49 | 0.09 | 28.57 | 23.0 | 0.0 | 4.07 | 12.74 | 0 | 0 | 20.77 | 13.31 | 24.84 | 13.22 | 2.79 | 12.05 | 23.56 | 13.16 | 0.19 | 1.72 |
| 2020 (7) | 2.25 | -64.9 | 0.6 | -14.29 | 2.97 | 20.24 | 0 | 0 | 19.07 | -16.14 | 4.61 | -16.64 | 2.55 | 15.38 | 13.37 | 37.59 | 0 | 0 | 69.46 | 37.87 | 24.61 | 54.59 | 0.07 | 0.0 | 23.0 | 0.0 | 3.61 | 17.97 | 0 | 0 | 18.33 | 10.49 | 21.94 | 11.71 | 2.49 | 55.62 | 20.82 | 14.46 | 0.19 | -0.19 |
| 2019 (6) | 6.41 | 186.16 | 0.7 | 75.0 | 2.47 | 128.7 | 0 | 0 | 22.74 | 33.92 | 5.53 | 150.23 | 2.21 | 54.55 | 9.72 | 15.4 | 0 | 0 | 50.38 | 20.15 | 15.92 | 19.61 | 0.07 | 250.0 | 23.0 | 35.29 | 3.06 | 7.75 | 0 | 0 | 16.59 | 37.11 | 19.64 | 31.55 | 1.6 | 25.0 | 18.19 | 35.95 | 0.19 | 4.76 |
| 2018 (5) | 2.24 | 91.45 | 0.4 | -69.23 | 1.08 | -87.78 | 0 | 0 | 16.98 | 14.5 | 2.21 | -17.84 | 1.43 | 12.6 | 8.42 | -1.66 | 0 | 0 | 41.93 | -2.74 | 13.31 | 271.79 | 0.02 | -33.33 | 17.0 | 0.0 | 2.84 | 10.51 | 0 | 0 | 12.1 | 14.69 | 14.93 | 13.88 | 1.28 | 11.3 | 13.38 | 14.36 | 0.18 | 1.92 |
| 2017 (4) | 1.17 | 18.18 | 1.3 | 0 | 8.84 | 64.31 | 0 | 0 | 14.83 | 12.01 | 2.69 | 44.62 | 1.27 | 5.83 | 8.56 | -5.51 | 0 | 0 | 43.11 | -2.6 | 3.58 | -71.08 | 0.03 | 50.0 | 17.0 | 0.0 | 2.57 | 7.98 | 0 | 0 | 10.55 | 30.25 | 13.11 | 25.1 | 1.15 | -19.01 | 11.7 | 22.9 | 0.17 | 1.91 |
| 2016 (3) | 0.99 | -13.91 | 0 | 0 | 5.38 | 25.12 | 0 | 0 | 13.24 | 4.58 | 1.86 | 13.41 | 1.2 | 18.81 | 9.06 | 13.61 | 0 | 0 | 44.26 | -2.6 | 12.38 | -19.77 | 0.02 | 100.0 | 17.0 | 0.0 | 2.38 | 7.21 | 0 | 0 | 8.1 | 26.96 | 10.48 | 22.0 | 1.42 | 11.81 | 9.52 | 24.44 | 0.17 | 0.24 |
| 2015 (2) | 1.15 | -4.17 | 0.1 | 0.0 | 4.3 | -13.65 | 0 | 0 | 12.66 | -1.78 | 1.64 | -27.43 | 1.01 | -6.48 | 7.98 | -4.78 | 0 | 0 | 45.44 | -0.29 | 15.43 | -11.42 | 0.01 | 0.0 | 17.0 | 0.0 | 2.22 | 11.56 | 0 | 0 | 6.38 | 28.63 | 8.59 | 23.6 | 1.27 | -13.01 | 7.65 | 19.16 | 0.17 | 0.83 |
| 2014 (1) | 1.2 | -62.62 | 0.1 | 100.0 | 4.98 | 41.48 | 0 | 0 | 12.89 | 5.14 | 2.26 | 22.83 | 1.08 | 3.85 | 8.38 | -1.23 | 0 | 0 | 45.57 | 22.3 | 17.42 | -1.47 | 0.01 | 0.0 | 17.0 | 0.0 | 1.99 | 9.94 | 0 | 0 | 4.96 | 74.04 | 6.95 | 49.14 | 1.46 | -32.72 | 6.42 | 27.89 | 0.17 | 3.64 |
| 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) | 4.67 | -17.93 | 22.25 | 9.3 | -49.18 | 45.31 | 4.13 | 10.72 | -58.86 | 0 | 0 | 0 | 7.81 | 4.69 | -0.26 | 0.84 | -77.89 | -72.82 | 2.47 | 10.76 | 12.27 | 8.49 | 10.84 | 23.43 | 0 | 0 | 0 | 174.0 | 2.03 | 56.46 | 85.7 | 1.62 | 23.88 | 0.14 | 0.0 | -6.67 | 33.64 | 11.61 | 22.77 | 5.74 | 0.0 | 23.71 | 0 | 0 | 0 | 15.24 | 8.09 | 15.89 | 20.97 | 5.7 | 17.94 | 2.2 | -14.4 | -12.35 | 17.44 | 4.62 | 11.37 | 0.00 | 0 | 0 |
| 23Q3 (19) | 5.69 | 10.7 | -2.07 | 18.3 | 55.08 | 80.3 | 3.73 | 0.27 | -61.35 | 0 | 0 | 0 | 7.46 | 7.34 | -5.57 | 3.8 | 90.95 | 61.02 | 2.23 | 20.54 | -3.46 | 7.66 | 22.36 | 7.12 | 0 | 0 | 0 | 170.54 | 26.8 | 65.89 | 84.33 | 4.32 | 40.2 | 0.14 | -6.67 | -6.67 | 30.14 | 0.0 | 18.2 | 5.74 | 0.0 | 23.71 | 0 | 0 | 0 | 14.1 | 36.76 | -4.28 | 19.84 | 23.69 | 2.43 | 2.57 | -6.55 | 0.78 | 16.67 | 27.64 | -3.53 | 0.00 | 0 | -100.0 |
| 23Q2 (18) | 5.14 | 74.83 | 38.17 | 11.8 | 103.45 | 198.73 | 3.72 | -90.17 | -57.58 | 0 | 0 | 0 | 6.95 | 1.31 | -14.83 | 1.99 | -13.1 | -33.67 | 1.85 | -6.57 | -24.18 | 6.26 | -2.74 | -21.77 | 0 | 0 | 0 | 134.49 | 3.85 | 36.77 | 80.84 | 74.79 | 39.12 | 0.15 | 15.38 | -6.25 | 30.14 | 10.0 | 18.2 | 5.74 | 23.71 | 23.71 | 0 | 0 | 0 | 10.31 | -33.23 | -16.72 | 16.04 | -20.08 | -5.7 | 2.75 | 9.56 | -3.17 | 13.06 | -27.24 | -14.19 | 0.00 | 0 | -100.0 |
| 23Q1 (17) | 2.94 | -23.04 | -38.36 | 5.8 | -9.38 | 73.13 | 37.83 | 276.79 | 1306.32 | 0 | 0 | 0 | 6.86 | -12.39 | -15.1 | 2.29 | -25.89 | -8.76 | 1.98 | -10.0 | -18.52 | 6.44 | -6.43 | -25.88 | 0 | 0 | 0 | 129.5 | 16.45 | 39.71 | 46.25 | -33.15 | -21.28 | 0.13 | -13.33 | 44.44 | 27.4 | 0.0 | 7.45 | 4.64 | 0.0 | 14.0 | 0 | 0 | 0 | 15.44 | 17.41 | 6.85 | 20.07 | 12.88 | 8.37 | 2.51 | 0.0 | -20.57 | 17.95 | 14.62 | 1.93 | 0.00 | 0 | -100.0 |
| 22Q4 (16) | 3.82 | -34.25 | -21.24 | 6.4 | -36.95 | 54.22 | 10.04 | 4.04 | 247.4 | 0 | 0 | 0 | 7.83 | -0.89 | -3.93 | 3.09 | 30.93 | 73.6 | 2.2 | -4.76 | -19.71 | 6.88 | -3.81 | -36.51 | 0 | 0 | 0 | 111.21 | 8.18 | 25.69 | 69.18 | 15.01 | 38.14 | 0.15 | 0.0 | 66.67 | 27.4 | 7.45 | 19.13 | 4.64 | 0.0 | 14.0 | 0 | 0 | 0 | 13.15 | -10.73 | -36.69 | 17.78 | -8.21 | -28.42 | 2.51 | -1.57 | -10.04 | 15.66 | -9.38 | -33.53 | 0.00 | -100.0 | -100.0 |
| 22Q3 (15) | 5.81 | 56.18 | 40.68 | 10.15 | 156.96 | 1930.0 | 9.65 | 10.03 | 212.3 | 0 | 0 | 0 | 7.9 | -3.19 | 29.72 | 2.36 | -21.33 | 63.89 | 2.31 | -5.33 | 16.08 | 7.15 | -10.63 | -19.04 | 0 | 0 | 0 | 102.8 | 4.55 | 29.11 | 60.15 | 3.51 | 41.96 | 0.15 | -6.25 | 87.5 | 25.5 | 0.0 | 10.87 | 4.64 | 0.0 | 14.0 | 0 | 0 | 0 | 14.73 | 18.98 | -22.64 | 19.37 | 13.87 | -16.18 | 2.55 | -10.21 | -1.54 | 17.28 | 13.53 | -20.11 | 0.08 | 0.95 | -57.8 |
| 22Q2 (14) | 3.72 | -22.01 | -1.59 | 3.95 | 17.91 | 558.33 | 8.77 | 226.02 | 182.9 | 0 | 0 | 0 | 8.16 | 0.99 | 44.42 | 3.0 | 19.52 | 138.1 | 2.44 | 0.41 | 33.33 | 8.01 | -7.86 | -7.09 | 0 | 0 | 0 | 98.33 | 6.08 | 32.88 | 58.11 | -1.09 | 59.64 | 0.16 | 77.78 | 77.78 | 25.5 | 0.0 | 10.87 | 4.64 | 14.0 | 14.0 | 0 | 0 | 0 | 12.38 | -14.33 | -29.66 | 17.01 | -8.15 | -21.5 | 2.84 | -10.13 | 22.41 | 15.22 | -13.57 | -23.59 | 0.08 | -9.15 | -58.15 |
| 22Q1 (13) | 4.77 | -1.65 | 34.37 | 3.35 | -19.28 | 458.33 | 2.69 | -6.92 | -9.43 | 0 | 0 | 0 | 8.08 | -0.86 | 49.91 | 2.51 | 41.01 | 105.74 | 2.43 | -11.31 | 34.25 | 8.69 | -19.84 | -3.14 | 0 | 0 | 0 | 92.69 | 4.76 | 29.0 | 58.75 | 17.31 | 92.69 | 0.09 | 0.0 | -10.0 | 25.5 | 10.87 | 10.87 | 4.07 | 0.0 | 12.74 | 0 | 0 | 0 | 14.45 | -30.43 | -26.09 | 18.52 | -25.44 | -20.03 | 3.16 | 13.26 | 24.9 | 17.61 | -25.25 | -20.24 | 0.09 | -54.17 | -53.53 |
| 21Q4 (12) | 4.85 | 17.43 | 115.56 | 4.15 | 730.0 | 591.67 | 2.89 | -6.47 | -2.69 | 0 | 0 | 0 | 8.15 | 33.83 | 51.21 | 1.78 | 23.61 | -4.3 | 2.74 | 37.69 | 7.45 | 10.84 | 22.66 | -18.9 | 0 | 0 | 0 | 88.48 | 11.13 | 27.38 | 50.08 | 18.2 | 103.49 | 0.09 | 12.5 | 28.57 | 23.0 | 0.0 | 0.0 | 4.07 | 0.0 | 12.74 | 0 | 0 | 0 | 20.77 | 9.09 | 13.31 | 24.84 | 7.49 | 13.22 | 2.79 | 7.72 | 12.05 | 23.56 | 8.92 | 13.16 | 0.19 | 0.41 | 1.72 |
| 21Q3 (11) | 4.13 | 9.26 | 65.86 | 0.5 | -16.67 | 0.0 | 3.09 | -0.32 | 4.04 | 0 | 0 | 0 | 6.09 | 7.79 | 26.61 | 1.44 | 14.29 | 26.32 | 1.99 | 8.74 | 15.03 | 8.84 | 2.56 | -6.68 | 0 | 0 | 0 | 79.62 | 7.59 | 27.43 | 42.37 | 16.4 | 116.84 | 0.08 | -11.11 | 60.0 | 23.0 | 0.0 | 0.0 | 4.07 | 0.0 | 12.74 | 0 | 0 | 0 | 19.04 | 8.18 | 15.53 | 23.11 | 6.65 | 15.03 | 2.59 | 11.64 | 37.04 | 21.63 | 8.58 | 17.75 | 0.19 | 0.1 | 1.11 |
| 21Q2 (10) | 3.78 | 6.48 | 66.52 | 0.6 | 0.0 | 100.0 | 3.1 | 4.38 | 4.38 | 0 | 0 | 0 | 5.65 | 4.82 | 23.09 | 1.26 | 3.28 | 55.56 | 1.83 | 1.1 | -6.63 | 8.62 | -3.94 | 2.12 | 0 | 0 | 0 | 74.0 | 2.99 | 26.19 | 36.4 | 19.38 | 102.9 | 0.09 | -10.0 | 50.0 | 23.0 | 0.0 | 0.0 | 4.07 | 12.74 | 12.74 | 0 | 0 | 0 | 17.6 | -9.97 | 14.73 | 21.67 | -6.43 | 14.35 | 2.32 | -8.3 | 16.58 | 19.92 | -9.78 | 14.95 | 0.19 | 0.88 | 1.16 |
| 21Q1 (9) | 3.55 | 57.78 | 69.05 | 0.6 | 0.0 | 20.0 | 2.97 | 0.0 | 0.0 | 0 | 0 | 0 | 5.39 | 0.0 | 25.64 | 1.22 | -34.41 | 52.5 | 1.81 | -29.02 | -9.5 | 8.97 | -32.89 | 2.47 | 0 | 0 | 0 | 71.85 | 3.44 | 34.48 | 30.49 | 23.89 | 77.68 | 0.1 | 42.86 | 66.67 | 23.0 | 0.0 | 0.0 | 3.61 | 0.0 | 17.97 | 0 | 0 | 0 | 19.55 | 6.66 | 12.42 | 23.16 | 5.56 | 13.31 | 2.53 | 1.61 | 72.11 | 22.08 | 6.05 | 17.07 | 0.19 | 0.32 | -0.3 |
| 20Q4 (8) | 2.25 | -9.64 | -64.9 | 0.6 | 20.0 | -14.29 | 2.97 | 0.0 | 20.24 | 0 | 0 | 0 | 5.39 | 12.06 | 17.69 | 1.86 | 63.16 | 226.32 | 2.55 | 47.4 | 15.38 | 13.36 | 41.14 | 37.52 | 0 | 0 | 0 | 69.46 | 11.17 | 37.87 | 24.61 | 25.95 | 54.59 | 0.07 | 40.0 | 0.0 | 23.0 | 0.0 | 0.0 | 3.61 | 0.0 | 17.97 | 0 | 0 | 0 | 18.33 | 11.23 | 10.49 | 21.94 | 9.21 | 11.71 | 2.49 | 31.75 | 55.62 | 20.82 | 13.34 | 14.46 | 0.19 | -0.19 | -0.19 |
| 20Q3 (7) | 2.49 | 9.69 | -6.39 | 0.5 | 66.67 | -16.67 | 2.97 | 0.0 | 50.76 | 0 | 0 | 0 | 4.81 | 4.79 | -50.77 | 1.14 | 40.74 | -69.6 | 1.73 | -11.73 | -22.77 | 9.47 | 12.23 | 0 | 0 | 0 | 0 | 62.48 | 6.55 | 31.98 | 19.54 | 8.92 | 32.3 | 0.05 | -16.67 | -37.5 | 23.0 | 0.0 | 27.21 | 3.61 | 0.0 | 17.97 | 0 | 0 | 0 | 16.48 | 7.43 | 2.49 | 20.09 | 6.02 | 5.02 | 1.89 | -5.03 | 35.97 | 18.37 | 6.0 | 5.15 | 0.19 | 0.15 | 4.45 |
| 20Q2 (6) | 2.27 | 8.1 | 49.34 | 0.3 | -40.0 | -50.0 | 2.97 | 0.0 | 102.04 | 0 | 0 | 0 | 4.59 | 6.99 | 9.03 | 0.81 | 1.25 | 62.0 | 1.96 | -2.0 | 10.11 | 8.44 | -3.6 | 0 | 0 | 0 | 0 | 58.64 | 9.75 | 30.22 | 17.94 | 4.55 | 30.09 | 0.06 | 0.0 | -25.0 | 23.0 | 0.0 | 35.29 | 3.61 | 17.97 | 17.97 | 0 | 0 | 0 | 15.34 | -11.79 | 23.61 | 18.95 | -7.29 | 22.57 | 1.99 | 35.37 | 20.61 | 17.33 | -8.11 | 23.26 | 0.19 | -0.58 | 5.3 |
| 20Q1 (5) | 2.1 | -67.24 | 29.63 | 0.5 | -28.57 | -16.67 | 2.97 | 20.24 | 197.0 | 0 | 0 | 0 | 4.29 | -6.33 | 2.63 | 0.8 | 40.35 | 12.68 | 2.0 | -9.5 | 22.7 | 8.75 | -9.94 | 0 | 0 | 0 | 0 | 53.43 | 6.05 | 24.08 | 17.16 | 7.79 | 25.53 | 0.06 | -14.29 | 200.0 | 23.0 | 0.0 | 35.29 | 3.06 | 0.0 | 7.75 | 0 | 0 | 0 | 17.39 | 4.82 | 35.75 | 20.44 | 4.07 | 30.69 | 1.47 | -8.12 | 1.38 | 18.86 | 3.68 | 32.26 | 0.19 | 0.44 | 5.23 |
| 19Q4 (4) | 6.41 | 140.98 | 0.0 | 0.7 | 16.67 | 0.0 | 2.47 | 25.38 | 0.0 | 0 | 0 | 0.0 | 4.58 | -53.12 | 0.0 | 0.57 | -84.8 | 0.0 | 2.21 | -1.34 | 0.0 | 9.72 | 0 | 0.0 | 0 | 0 | 0.0 | 50.38 | 6.42 | 0.0 | 15.92 | 7.79 | 0.0 | 0.07 | -12.5 | 0.0 | 23.0 | 27.21 | 0.0 | 3.06 | 0.0 | 0.0 | 0 | 0 | 0.0 | 16.59 | 3.17 | 0.0 | 19.64 | 2.67 | 0.0 | 1.6 | 15.11 | 0.0 | 18.19 | 4.12 | 0.0 | 0.19 | 4.45 | 0.0 |
