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 | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 (10) | 23.19 | 45.48 | 12.62 | 46.57 | 0 | 0 | 0 | 0 | 32.33 | -30.28 | -1.2 | 0 | 6.16 | -39.25 | 19.05 | -12.87 | 6.71 | -44.82 | 0 | 0 | 0 | 0 | 0.22 | 0.0 | 10.43 | 0.0 | 1.38 | 0.0 | 2.03 | 534.38 | 4.2 | -43.93 | 7.61 | -17.28 | -1.61 | 0 | 2.59 | -55.27 | 0.00 | 0 |
| 2019 (9) | 15.94 | 1.79 | 8.61 | -55.5 | 2.1 | 52.17 | 0 | 0 | 46.37 | -24.63 | 0.48 | 0 | 10.14 | -52.3 | 21.87 | -36.72 | 12.16 | -24.71 | 0 | 0 | 0 | 0 | 0.22 | 0.0 | 10.43 | 0.0 | 1.38 | 0.0 | 0.32 | 0 | 7.49 | 2.18 | 9.2 | 5.63 | -1.7 | 0 | 5.79 | -17.4 | 0.00 | 0 |
| 2018 (8) | 15.66 | 14.56 | 19.35 | 35.88 | 1.38 | 0 | 0 | 0 | 61.52 | 26.38 | -0.5 | 0 | 21.26 | 60.09 | 34.56 | 26.68 | 16.15 | -12.75 | 0 | 0 | 3.22 | 116.11 | 0.22 | -12.0 | 10.43 | 0.0 | 1.38 | 0.0 | 0 | 0 | 7.33 | -10.61 | 8.71 | -9.08 | -0.32 | 0 | 7.01 | -16.65 | 0.00 | 0 |
| 2017 (7) | 13.67 | 11.68 | 14.24 | 709.09 | 0 | 0 | 0 | 0 | 48.68 | 1.06 | 0.45 | -94.71 | 13.28 | 11.6 | 27.28 | 10.43 | 18.51 | 26.87 | 0 | 0 | 1.49 | 0 | 0.25 | -3.85 | 10.43 | 0.0 | 1.38 | 0.0 | 0 | 0 | 8.2 | -31.21 | 9.58 | -27.97 | 0.21 | -86.79 | 8.41 | -37.75 | 0.00 | 0 |
| 2016 (6) | 12.24 | -51.45 | 1.76 | -87.05 | 0 | 0 | 0 | 0 | 48.17 | -18.08 | 8.51 | 88.27 | 11.9 | 8.08 | 24.70 | 31.94 | 14.59 | 7.2 | 0 | 0 | 0 | 0 | 0.26 | 0.0 | 10.43 | 0.0 | 1.38 | 0.0 | 0 | 0 | 11.92 | 88.31 | 13.3 | 72.5 | 1.59 | -63.78 | 13.51 | 26.03 | 0.00 | 0 |
| 2015 (5) | 25.21 | 100.88 | 13.59 | 56.39 | 0 | 0 | 0 | 0 | 58.8 | -8.5 | 4.52 | 0 | 11.01 | -4.18 | 18.72 | 4.72 | 13.61 | -25.99 | 0 | 0 | 0 | 0 | 0.26 | -10.34 | 10.43 | -1.88 | 1.38 | 0.0 | 0 | 0 | 6.33 | 99.68 | 7.71 | 69.45 | 4.39 | -9.67 | 10.72 | 33.5 | 0.00 | 0 |
| 2014 (4) | 12.55 | 10.67 | 8.69 | -47.3 | 0 | 0 | 0 | 0 | 64.26 | 10.77 | -0.19 | 0 | 11.49 | 25.99 | 17.88 | 13.73 | 18.39 | -12.09 | 0 | 0 | 0 | 0 | 0.29 | 0 | 10.63 | -1.57 | 1.38 | 20.0 | 0 | 0 | 3.17 | -41.73 | 4.55 | -30.96 | 4.86 | 41.28 | 8.03 | -9.57 | 0.00 | 0 |
| 2013 (3) | 11.34 | 153.69 | 16.49 | 205.37 | 0 | 0 | 0 | 0 | 58.01 | -12.23 | 2.31 | -46.9 | 9.12 | -14.93 | 15.72 | -3.08 | 20.92 | 3.31 | 0 | 0 | 0 | 0 | 0 | 0 | 10.8 | 0.0 | 1.15 | 59.72 | 0 | 0 | 5.44 | -13.51 | 6.59 | -5.99 | 3.44 | 314.46 | 8.88 | 24.72 | 0.00 | 0 |
| 2012 (2) | 4.47 | 0 | 5.4 | 0 | 0 | 0 | 0 | 0 | 66.09 | 0 | 4.35 | 0 | 10.72 | 0 | 16.22 | 0 | 20.25 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.8 | 0 | 0.72 | 0 | 0 | 0 | 6.29 | 0 | 7.01 | 0 | 0.83 | 0 | 7.12 | 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 | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 21Q3 (20) | 37.07 | -8.94 | 100.7 | 4.16 | -60.75 | -30.67 | 0 | 0 | 0 | 0 | 0 | 0 | -4.19 | -204.75 | -317.1 | -1.97 | -143.21 | 38.63 | 0.59 | -84.79 | -65.09 | 3.33 | -79.55 | -23.98 | 2.73 | 7.06 | -63.89 | 0 | 0 | 0 | 0 | 0 | 0 | 0.18 | -5.26 | -21.74 | 10.43 | 0.0 | 0.0 | 1.38 | 0.0 | 0.0 | 1.61 | -20.69 | -20.69 | 3.22 | -32.64 | -12.26 | 6.21 | -24.18 | -12.29 | -2.43 | 1.62 | -9.95 | 0.79 | -65.8 | -45.89 | 0.00 | 0 | 0 |
| 21Q2 (19) | 40.71 | 35.16 | 103.35 | 10.6 | -11.45 | 107.44 | 0 | 0 | 0 | 0 | 0 | 0 | 4.0 | -63.1 | -50.31 | -0.81 | -158.7 | -710.0 | 3.88 | -54.35 | -40.85 | 16.26 | -46.6 | -5.65 | 2.55 | -32.54 | -45.16 | 0 | 0 | 0 | 0 | 0 | 0 | 0.19 | -9.52 | -26.92 | 10.43 | 0.0 | 0.0 | 1.38 | 0.0 | 0.0 | 2.03 | 0.0 | 0.0 | 4.78 | -14.34 | -30.62 | 8.19 | -8.9 | -20.49 | -2.47 | -34.97 | 6.08 | 2.31 | -38.4 | -45.77 | 0.00 | 0 | 0 |
| 21Q1 (18) | 30.12 | 29.88 | 67.71 | 11.97 | -5.15 | 61.1 | 0 | 0 | -100.0 | 0 | 0 | 0 | 10.84 | 52.89 | -28.96 | 1.38 | 160.38 | -13.21 | 8.5 | 37.99 | -29.11 | 30.46 | 59.84 | -10.74 | 3.78 | -43.67 | -40.66 | 0 | 0 | 0 | 0 | 0 | 0 | 0.21 | -4.55 | 0.0 | 10.43 | 0.0 | 0.0 | 1.38 | 0.0 | 0.0 | 2.03 | 0.0 | 534.38 | 5.58 | 32.86 | -35.79 | 8.99 | 18.13 | -13.56 | -1.83 | -13.66 | 10.29 | 3.75 | 44.79 | -43.61 | 0.00 | 0 | 0 |
| 20Q4 (17) | 23.19 | 25.55 | 45.48 | 12.62 | 110.33 | 46.57 | 0 | 0 | -100.0 | 0 | 0 | 0 | 7.09 | 267.36 | -47.05 | 0.53 | 116.51 | -39.77 | 6.16 | 264.5 | -39.25 | 19.05 | 335.52 | -12.87 | 6.71 | -11.24 | -44.82 | 0 | 0 | 0 | 0 | 0 | 0 | 0.22 | -4.35 | 0.0 | 10.43 | 0.0 | 0.0 | 1.38 | 0.0 | 0.0 | 2.03 | 0.0 | 534.38 | 4.2 | 14.44 | -43.93 | 7.61 | 7.49 | -17.28 | -1.61 | 27.15 | 5.29 | 2.59 | 77.4 | -55.27 | 0.00 | 0 | 0 |
| 20Q3 (16) | 18.47 | -7.74 | -1.6 | 6.0 | 17.42 | -17.01 | 0 | 0 | -100.0 | 0 | 0 | 0 | 1.93 | -76.02 | 41.91 | -3.21 | -3110.0 | -146.92 | 1.69 | -74.24 | 74.23 | 4.37 | -74.62 | 165.24 | 7.56 | 62.58 | -47.57 | 0 | 0 | 0 | 0 | 0 | 0 | 0.23 | -11.54 | 0.0 | 10.43 | 0.0 | 0.0 | 1.38 | 0.0 | 0.0 | 2.03 | 0.0 | 534.38 | 3.67 | -46.73 | -44.48 | 7.08 | -31.26 | -14.9 | -2.21 | 15.97 | -82.64 | 1.46 | -65.73 | -72.96 | 0.00 | 0 | 0 |
| 20Q2 (15) | 20.02 | 11.47 | 1.11 | 5.11 | -31.22 | 93.56 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 8.05 | -47.25 | 56.92 | -0.1 | -106.29 | 87.01 | 6.56 | -45.29 | 83.75 | 17.24 | -49.49 | 191.08 | 4.65 | -27.0 | -43.15 | 0 | 0 | 0 | 0 | 0 | 0 | 0.26 | 23.81 | 13.04 | 10.43 | 0.0 | 0.0 | 1.38 | 0.0 | 0.0 | 2.03 | 534.38 | 534.38 | 6.89 | -20.71 | -12.9 | 10.3 | -0.96 | 7.07 | -2.63 | -28.92 | -2291.67 | 4.26 | -35.94 | -46.95 | 0.00 | 0 | 0 |
| 20Q1 (14) | 17.96 | 12.67 | 40.09 | 7.43 | -13.7 | -12.49 | 1.21 | -42.38 | -34.59 | 0 | 0 | 0 | 15.26 | 13.97 | -42.39 | 1.59 | 80.68 | -4.79 | 11.99 | 18.24 | -47.6 | 34.12 | 56.03 | -9.33 | 6.37 | -47.62 | -3.92 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.21 | -4.55 | -12.5 | 10.43 | 0.0 | 0.0 | 1.38 | 0.0 | 0.0 | 0.32 | 0.0 | 0 | 8.69 | 16.02 | -3.44 | 10.4 | 13.04 | 0.1 | -2.04 | -20.0 | -500.0 | 6.65 | 14.85 | -30.07 | 0.00 | 0 | 0 |
| 19Q4 (13) | 15.94 | -15.08 | 1.79 | 8.61 | 19.09 | -55.5 | 2.1 | -2.33 | 52.17 | 0 | 0 | 0 | 13.39 | 884.56 | -48.16 | 0.88 | 167.69 | -57.07 | 10.14 | 945.36 | -52.3 | 21.87 | 1225.81 | -36.72 | 12.16 | -15.67 | -24.71 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.22 | -4.35 | 0.0 | 10.43 | 0.0 | 0.0 | 1.38 | 0.0 | 0.0 | 0.32 | 0.0 | 0 | 7.49 | 13.31 | 2.18 | 9.2 | 10.58 | 5.63 | -1.7 | -40.5 | -431.25 | 5.79 | 7.22 | -17.4 | 0.00 | 0 | 0 |
| 19Q3 (12) | 18.77 | -5.2 | 7.5 | 7.23 | 173.86 | -47.84 | 2.15 | -30.87 | 56.93 | 0 | 0 | 0 | 1.36 | -73.49 | -52.11 | -1.3 | -68.83 | 28.96 | 0.97 | -72.83 | -58.55 | 1.65 | -72.15 | -63.14 | 14.42 | 76.28 | -33.76 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.23 | 0.0 | 4.55 | 10.43 | 0.0 | 0.0 | 1.38 | 0.0 | 0.0 | 0.32 | 0.0 | 0 | 6.61 | -16.43 | 25.19 | 8.32 | -13.51 | 24.92 | -1.21 | -1108.33 | -72.86 | 5.4 | -32.75 | 17.9 | 0.00 | 0 | 0 |
| 19Q2 (11) | 19.8 | 54.45 | 1.18 | 2.64 | -68.9 | -57.49 | 3.11 | 68.11 | 357.35 | 0 | 0 | 0 | 5.13 | -80.63 | -9.04 | -0.77 | -146.11 | 34.19 | 3.57 | -84.4 | -38.97 | 5.92 | -84.26 | -47.5 | 8.18 | 23.38 | -36.14 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0.23 | -4.17 | 0.0 | 10.43 | 0.0 | 0.0 | 1.38 | 0.0 | 0.0 | 0.32 | 0 | 0 | 7.91 | -12.11 | 11.25 | 9.62 | -7.41 | 13.18 | 0.12 | -76.47 | -76.0 | 8.03 | -15.56 | 5.52 | 0.00 | 0 | 0 |
| 19Q1 (10) | 12.82 | -18.14 | -33.99 | 8.49 | -56.12 | -11.56 | 1.85 | 34.06 | 224.56 | 0 | 0 | 0 | 26.49 | 2.56 | -2.65 | 1.67 | -18.54 | 271.11 | 22.88 | 7.62 | 29.63 | 37.63 | 8.89 | 7.71 | 6.63 | -58.95 | -8.04 | 0 | 0 | 0 | 1.23 | -61.8 | -67.72 | 0.24 | 9.09 | 0.0 | 10.43 | 0.0 | 0.0 | 1.38 | 0.0 | 0.0 | 0 | 0 | 0 | 9.0 | 22.78 | 4.05 | 10.39 | 19.29 | 3.59 | 0.51 | 259.38 | -17.74 | 9.51 | 35.66 | 2.59 | 0.00 | 0 | 0 |
| 18Q4 (9) | 15.66 | -10.31 | 14.56 | 19.35 | 39.61 | 35.88 | 1.38 | 0.73 | 0 | 0 | 0 | 0 | 25.83 | 809.51 | 55.6 | 2.05 | 212.02 | 2462.5 | 21.26 | 808.55 | 60.09 | 34.56 | 672.24 | 26.68 | 16.15 | -25.82 | -12.75 | 0 | 0 | 0 | 3.22 | 0.62 | 116.11 | 0.22 | 0.0 | -12.0 | 10.43 | 0.0 | 0.0 | 1.38 | 0.0 | 0.0 | 0 | 0 | 0 | 7.33 | 38.83 | -10.61 | 8.71 | 30.78 | -9.08 | -0.32 | 54.29 | -252.38 | 7.01 | 53.06 | -16.65 | 0.00 | 0 | 0 |
| 18Q3 (8) | 17.46 | -10.78 | 0 | 13.86 | 123.19 | 0 | 1.37 | 101.47 | 0 | 0 | 0 | 0 | 2.84 | -49.65 | 17.36 | -1.83 | -56.41 | -46.4 | 2.34 | -60.0 | 0 | 4.48 | -60.32 | 0 | 21.77 | 69.95 | 0 | 0 | 0 | 0 | 3.2 | -17.31 | 0 | 0.22 | -4.35 | 0 | 10.43 | 0.0 | 0.0 | 1.38 | 0.0 | 0 | 0 | 0 | 0 | 5.28 | -25.74 | 0 | 6.66 | -21.65 | -29.89 | -0.7 | -240.0 | 0 | 4.58 | -39.82 | 0 | 0.00 | 0 | 0 |
| 18Q2 (7) | 19.57 | 0.77 | 0 | 6.21 | -35.31 | 0 | 0.68 | 19.3 | 0 | 0 | 0 | 0 | 5.64 | -79.27 | 31.47 | -1.17 | -360.0 | -120.75 | 5.85 | -66.86 | 0 | 11.28 | -67.72 | 0 | 12.81 | 77.67 | 0 | 0 | 0 | 0 | 3.87 | 1.57 | 0 | 0.23 | -4.17 | 0 | 10.43 | 0.0 | 0.0 | 1.38 | 0.0 | 0 | 0 | 0 | 0 | 7.11 | -17.8 | 0 | 8.5 | -15.25 | -20.93 | 0.5 | -19.35 | 0 | 7.61 | -17.91 | 0 | 0.00 | 0 | 0 |
| 18Q1 (6) | 19.42 | 42.06 | 0 | 9.6 | -32.58 | 0 | 0.57 | 0 | 0 | 0 | 0 | 0 | 27.21 | 63.92 | 7.25 | 0.45 | 462.5 | -78.97 | 17.65 | 32.91 | 0 | 34.94 | 28.07 | 0 | 7.21 | -61.05 | 0 | 0 | 0 | 0 | 3.81 | 155.7 | 0 | 0.24 | -4.0 | 0 | 10.43 | 0.0 | 0.0 | 1.38 | 0.0 | 0 | 0 | 0 | 0 | 8.65 | 5.49 | 0 | 10.03 | 4.7 | -35.04 | 0.62 | 195.24 | 0 | 9.27 | 10.23 | 0 | 0.00 | 0 | 0 |
| 17Q4 (5) | 13.67 | 0 | 0 | 14.24 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.6 | 585.95 | -9.93 | 0.08 | 106.4 | -92.08 | 13.28 | 0 | 0 | 27.28 | 0 | 0 | 18.51 | 0 | 0 | 0 | 0 | 0 | 1.49 | 0 | 0 | 0.25 | 0 | 0 | 10.43 | 0.0 | 0.0 | 1.38 | 0 | 0 | 0 | 0 | 0 | 8.2 | 0 | 0 | 9.58 | 0.84 | -27.97 | 0.21 | 0 | 0 | 8.41 | 0 | 0 | 0.00 | 0 | 0 |
| 17Q3 (4) | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 2.42 | -43.59 | 0.0 | -1.25 | -135.85 | 0.0 | 0 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 10.43 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 9.5 | -11.63 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0.00 | 0 | 0.0 |
