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) | 3.61 | 46.75 | 2.11 | 75.83 | 2.75 | 103.7 | 0 | 0 | 5.5 | -40.8 | -0.48 | 0 | 0.32 | -11.11 | 5.82 | 50.14 | 1.35 | 37.76 | 0 | 0 | 7.46 | -12.65 | 0.1 | -9.09 | 6.39 | 5.79 | 0.58 | 1.75 | 0 | 0 | -0.47 | 0 | 0.1 | -87.34 | 0.01 | 0 | -0.46 | 0 | 0.00 | 0 |
2022 (9) | 2.46 | -55.43 | 1.2 | -48.94 | 1.35 | 110.94 | 0 | 0 | 9.29 | -19.91 | 1.49 | -40.64 | 0.36 | 176.92 | 3.88 | 245.78 | 0.98 | -28.99 | 0 | 0 | 8.54 | 5.96 | 0.11 | 57.14 | 6.04 | 121.25 | 0.57 | 216.67 | 0 | 0 | 0.21 | -91.63 | 0.79 | -70.63 | 0 | 0 | 0.21 | -91.63 | 0.00 | 0 |
2021 (8) | 5.52 | 201.64 | 2.35 | 21.76 | 0.64 | 326.67 | 0 | 0 | 11.6 | 62.69 | 2.51 | 151.0 | 0.13 | -18.75 | 1.12 | -50.06 | 1.38 | 66.27 | 0 | 0 | 8.06 | 510.61 | 0.07 | 40.0 | 2.73 | 90.91 | 0.18 | 157.14 | 0 | 0 | 2.51 | 90.15 | 2.69 | 93.53 | 0 | 0 | 2.51 | 90.15 | 0.00 | 0 |
2020 (7) | 1.83 | 94.68 | 1.93 | 26.97 | 0.15 | 36.36 | 0 | 0 | 7.13 | 48.54 | 1.0 | 75.44 | 0.16 | 300.0 | 2.24 | 169.28 | 0.83 | -10.75 | 0 | 0 | 1.32 | -5.04 | 0.05 | 25.0 | 1.43 | 0.0 | 0.07 | 0 | 0 | 0 | 1.32 | 247.37 | 1.39 | 256.41 | 0 | 0 | 1.32 | 247.37 | 0.00 | 0 |
2019 (6) | 0.94 | -2.08 | 1.52 | 0.0 | 0.11 | -56.0 | 0 | 0 | 4.8 | 100.84 | 0.57 | 235.29 | 0.04 | -63.64 | 0.83 | -81.89 | 0.93 | -7.92 | 0 | 0 | 1.39 | 28.7 | 0.04 | 33.33 | 1.43 | 0.0 | 0 | 0 | 0 | 0 | 0.38 | 0 | 0.39 | 0 | 0 | 0 | 0.38 | 0 | 0.00 | 0 |
2018 (5) | 0.96 | 174.29 | 1.52 | 0.0 | 0.25 | 733.33 | 0 | 0 | 2.39 | 0 | 0.17 | 0 | 0.11 | -38.89 | 4.60 | 0 | 1.01 | 77.19 | 0 | 0 | 1.08 | -18.8 | 0.03 | 0.0 | 1.43 | 0.0 | 0 | 0 | 0 | 0 | -0.16 | 0 | -0.16 | 0 | 0 | 0 | -0.16 | 0 | 0.00 | 0 |
2017 (4) | 0.35 | 0 | 1.52 | 0 | 0.03 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.18 | 0 | 0.00 | 0 | 0.57 | 0 | 0 | 0 | 1.33 | 0 | 0.03 | 0 | 1.43 | 0 | 0 | 0 | 0 | 0 | -0.32 | 0 | -0.32 | 0 | 0 | 0 | -0.32 | 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 | |||||||||||||||||||||||||||||||||||||||||
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24Q3 (20) | 1.5 | -26.83 | -15.25 | 1.7 | 41.67 | -34.87 | 2.49 | -5.32 | -7.78 | 0 | 0 | 0 | 1.74 | -12.12 | -1.14 | -0.03 | 50.0 | 0 | 0.53 | -1.85 | 47.22 | 8.63 | -1.53 | 32.6 | 1.49 | -0.67 | 1.36 | 4.81 | 0.0 | 0 | 6.9 | -3.09 | -8.73 | 0.09 | 0.0 | -10.0 | 6.39 | 0.0 | 5.79 | 0.1 | 0.0 | -82.76 | 0 | 0 | 0 | -0.44 | -7.32 | -131.58 | -0.34 | -9.68 | -189.47 | 2.37 | 0.0 | 0 | 1.93 | -1.53 | 1115.79 | 0.00 | 0 | 0 |
24Q2 (19) | 2.05 | 6.22 | 40.41 | 1.2 | -29.41 | -36.84 | 2.63 | -3.31 | 14.35 | 0 | 0 | 0 | 1.98 | 83.33 | 117.58 | -0.06 | 83.33 | 73.91 | 0.54 | -14.29 | 237.5 | 8.77 | -29.17 | 182.16 | 1.5 | 6.38 | 2.74 | 4.81 | 0 | 0 | 7.12 | -1.66 | -11.99 | 0.09 | 0.0 | -10.0 | 6.39 | 0.0 | 5.79 | 0.1 | -82.76 | -82.76 | 0 | 0 | 0 | -0.41 | 50.6 | -115.79 | -0.31 | -24.0 | -181.58 | 2.37 | 23600.0 | 0 | 1.96 | 339.02 | 1131.58 | 0.00 | 0 | 0 |
24Q1 (18) | 1.93 | -46.54 | 19.88 | 1.7 | -19.43 | 88.89 | 2.72 | -1.09 | 51.96 | 0 | 0 | 0 | 1.08 | -19.4 | -27.52 | -0.36 | -28.57 | -1000.0 | 0.63 | 96.88 | -10.0 | 12.38 | 112.73 | 44.99 | 1.41 | 4.44 | 3.68 | 0 | 0 | 0 | 7.24 | -2.95 | -15.52 | 0.09 | -10.0 | -10.0 | 6.39 | 0.0 | 5.79 | 0.58 | 0.0 | 1.75 | 0 | 0 | 0 | -0.83 | -76.6 | -1760.0 | -0.25 | -350.0 | -140.32 | 0.01 | 0.0 | 0 | -0.82 | -78.26 | -1740.0 | 0.00 | 0 | 0 |
23Q4 (17) | 3.61 | 103.95 | 46.75 | 2.11 | -19.16 | 75.83 | 2.75 | 1.85 | 103.7 | 0 | 0 | 0 | 1.34 | -23.86 | -2.19 | -0.28 | 0 | -600.0 | 0.32 | -11.11 | -11.11 | 5.82 | -10.63 | 49.98 | 1.35 | -8.16 | 37.76 | 0 | 0 | 0 | 7.46 | -1.32 | -12.65 | 0.1 | 0.0 | -9.09 | 6.39 | 5.79 | 5.79 | 0.58 | 0.0 | 1.75 | 0 | 0 | 0 | -0.47 | -147.37 | -323.81 | 0.1 | -73.68 | -87.34 | 0.01 | 0 | 0 | -0.46 | -142.11 | -319.05 | 0.00 | 0 | 0 |
23Q3 (16) | 1.77 | 21.23 | -10.15 | 2.61 | 37.37 | 75.17 | 2.7 | 17.39 | 558.54 | 0 | 0 | 0 | 1.76 | 93.41 | 27.54 | 0 | 100.0 | -100.0 | 0.36 | 125.0 | 227.27 | 6.51 | 109.54 | 597.16 | 1.47 | 0.68 | 45.54 | 0 | 0 | 0 | 7.56 | -6.55 | -3.82 | 0.1 | 0.0 | 0.0 | 6.04 | 0.0 | 0.0 | 0.58 | 0.0 | 1.75 | 0 | 0 | 0 | -0.19 | 0.0 | -176.0 | 0.38 | 0.0 | -53.66 | 0 | 0 | 0 | -0.19 | 0.0 | -176.0 | 0.00 | 0 | 0 |
23Q2 (15) | 1.46 | -9.32 | -13.61 | 1.9 | 111.11 | 19.5 | 2.3 | 28.49 | 784.62 | 0 | 0 | 0 | 0.91 | -38.93 | -77.02 | -0.23 | -675.0 | -125.27 | 0.16 | -77.14 | -92.56 | 3.11 | -63.61 | -84.97 | 1.46 | 7.35 | 25.86 | 0 | 0 | 0 | 8.09 | -5.6 | 1.12 | 0.1 | 0.0 | 0.0 | 6.04 | 0.0 | 20.08 | 0.58 | 1.75 | 34.88 | 0 | 0 | 0 | -0.19 | -480.0 | -113.38 | 0.38 | -38.71 | -79.46 | 0 | 0 | 0 | -0.19 | -480.0 | -113.38 | 0.00 | 0 | 0 |
23Q1 (14) | 1.61 | -34.55 | -59.65 | 0.9 | -25.0 | -57.94 | 1.79 | 32.59 | 167.16 | 0 | 0 | 0 | 1.49 | 8.76 | -42.02 | 0.04 | 200.0 | -92.31 | 0.7 | 94.44 | 118.75 | 8.54 | 120.05 | 71.8 | 1.36 | 38.78 | -22.29 | 0 | 0 | 0 | 8.57 | 0.35 | 6.46 | 0.1 | -9.09 | 42.86 | 6.04 | 0.0 | 121.25 | 0.57 | 0.0 | 216.67 | 0 | 0 | 0 | 0.05 | -76.19 | -98.21 | 0.62 | -21.52 | -79.12 | 0 | 0 | 0 | 0.05 | -76.19 | -98.21 | 0.00 | 0 | 0 |
22Q4 (13) | 2.46 | 24.87 | -55.43 | 1.2 | -19.46 | -48.94 | 1.35 | 229.27 | 110.94 | 0 | 0 | 0 | 1.37 | -0.72 | -64.6 | -0.04 | -140.0 | -104.26 | 0.36 | 227.27 | 176.92 | 3.88 | 315.44 | 15.48 | 0.98 | -2.97 | -28.99 | 0 | 0 | 0 | 8.54 | 8.65 | 5.96 | 0.11 | 10.0 | 57.14 | 6.04 | 0.0 | 121.25 | 0.57 | 0.0 | 216.67 | 0 | 0 | 0 | 0.21 | -16.0 | -91.63 | 0.79 | -3.66 | -70.63 | 0 | 0 | 0 | 0.21 | -16.0 | -91.63 | 0.00 | 0 | 0 |
22Q3 (12) | 1.97 | 16.57 | 0 | 1.49 | -6.29 | 0 | 0.41 | 57.69 | 0 | 0 | 0 | 0 | 1.38 | -65.15 | 0 | 0.1 | -89.01 | 0 | 0.11 | -94.88 | 0 | 0.93 | -95.48 | 0 | 1.01 | -12.93 | 0 | 0 | 0 | 0 | 7.86 | -1.75 | 0 | 0.1 | 0.0 | 0 | 6.04 | 20.08 | 0 | 0.57 | 32.56 | 0 | 0 | 0 | 0 | 0.25 | -82.39 | 0 | 0.82 | -55.68 | 0 | 0 | 0 | 0 | 0.25 | -82.39 | 0 | 0.00 | 0 | 0 |
22Q2 (11) | 1.69 | -57.64 | 0 | 1.59 | -25.7 | 0 | 0.26 | -61.19 | 0 | 0 | 0 | 0 | 3.96 | 54.09 | 0 | 0.91 | 75.0 | 0 | 2.15 | 571.88 | 0 | 20.67 | 316.05 | 0 | 1.16 | -33.71 | 0 | 0 | 0 | 0 | 8.0 | -0.62 | 0 | 0.1 | 42.86 | 0 | 5.03 | 84.25 | 0 | 0.43 | 138.89 | 0 | 0 | 0 | 0 | 1.42 | -49.1 | 0 | 1.85 | -37.71 | 0 | 0 | 0 | 0 | 1.42 | -49.1 | 0 | 0.00 | 0 | 0 |
22Q1 (10) | 3.99 | -27.72 | 0 | 2.14 | -8.94 | 0 | 0.67 | 4.69 | 0 | 0 | 0 | 0 | 2.57 | -33.59 | 0 | 0.52 | -44.68 | 0 | 0.32 | 146.15 | 0 | 4.97 | 47.92 | 0 | 1.75 | 26.81 | 0 | 0 | 0 | 0 | 8.05 | -0.12 | 0 | 0.07 | 0.0 | 0 | 2.73 | 0.0 | 0 | 0.18 | 0.0 | 0 | 0 | 0 | 0 | 2.79 | 11.16 | 0 | 2.97 | 10.41 | 0 | 0 | 0 | 0 | 2.79 | 11.16 | 0 | 0.00 | 0 | 0 |
21Q4 (9) | 5.52 | 0 | 0 | 2.35 | 0 | 0 | 0.64 | 0 | 0 | 0 | 0 | 0 | 3.87 | 0 | 0 | 0.94 | 0 | 0 | 0.13 | 0 | 0 | 3.36 | 0 | 0 | 1.38 | 0 | 0 | 0 | 0 | 0 | 8.06 | 0 | 0 | 0.07 | 0 | 0 | 2.73 | 0 | 0 | 0.18 | 0 | 0 | 0 | 0 | 0 | 2.51 | 0 | 0 | 2.69 | 0 | 0 | 0 | 0 | 0 | 2.51 | 0 | 0 | 0.00 | 0 | 0 |