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) | 65.53 | 43.9 | 0 | 0 | 0 | 0 | 0 | 0 | 10.44 | 252.7 | -19.27 | 0 | 2.53 | 25200.0 | 24.23 | 7073.18 | 6.07 | 123.16 | 0 | 0 | 0 | 0 | 72.14 | 2.36 | 174.13 | 11.79 | 0 | 0 | 0 | 0 | -42.96 | 0 | -42.96 | 0 | -0.01 | 0 | -42.97 | 0 | 0.00 | 0 |
| 2022 (9) | 45.54 | -27.28 | 0 | 0 | 0 | 0 | 0 | 0 | 2.96 | 348.48 | -13.57 | 0 | 0.01 | -96.3 | 0.34 | -99.17 | 2.72 | 1195.24 | 0 | 0 | 0 | 0 | 70.48 | 2.91 | 155.76 | 0.0 | 0 | 0 | 0 | 0 | -23.68 | 0 | -23.68 | 0 | 0 | 0 | -23.68 | 0 | 0.00 | 0 |
| 2021 (8) | 62.62 | -14.08 | 0 | 0 | 0 | 0 | 0 | 0 | 0.66 | 0 | -7.86 | 0 | 0.27 | 0 | 40.91 | 0 | 0.21 | 0 | 0 | 0 | 0 | 0 | 68.49 | 7.5 | 155.76 | 1.2 | 0 | 0 | 0 | 0 | -10.12 | 0 | -10.12 | 0 | 0 | 0 | -10.12 | 0 | 0.00 | 0 |
| 2020 (7) | 72.88 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.23 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 63.71 | 0 | 153.92 | 0 | 0 | 0 | 0 | 0 | -2.25 | 0 | -2.25 | 0 | 0 | 0 | -2.25 | 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 | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24Q3 (20) | 56.99 | -17.45 | 108.53 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25.01 | -30.62 | 717.32 | -5.59 | -272.67 | -1.08 | 3.75 | -18.83 | 145.1 | 5.08 | -42.96 | -74.61 | 10.02 | 48.22 | 181.46 | 0 | 0 | 0 | 0 | 0 | 0 | 67.88 | -1.11 | -4.11 | 174.13 | 0.0 | 9.43 | 0 | 0 | 0 | 0 | 0 | 0 | -55.84 | -11.12 | -46.29 | -55.84 | -11.12 | -46.29 | 0 | 0 | 0 | -55.84 | -11.12 | -46.29 | 0.00 | 0 | 0 |
| 24Q2 (19) | 69.04 | 46.36 | 101.52 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 36.05 | 338.56 | 1460.61 | -1.5 | 74.09 | 64.54 | 4.62 | 25.54 | 294.87 | 8.90 | -56.09 | -59.29 | 6.76 | -19.24 | 53.99 | 0 | 0 | 0 | 0 | 0 | 0 | 68.64 | -2.35 | -2.17 | 174.13 | 0.0 | 9.43 | 0 | 0 | 0 | 0 | 0 | 0 | -50.25 | -3.08 | -53.95 | -50.25 | -3.08 | -53.95 | 0 | 0 | 100.0 | -50.25 | -3.08 | -53.86 | 0.00 | 0 | 0 |
| 24Q1 (18) | 47.17 | -28.02 | 23.48 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.22 | 80.26 | 1480.77 | -5.79 | -21.13 | -22.67 | 3.68 | 45.45 | 1126.67 | 20.28 | -16.25 | 118.3 | 8.37 | 37.89 | 125.0 | 0 | 0 | 0 | 0 | 0 | 0 | 70.29 | -2.56 | 0.6 | 174.13 | 0.0 | 9.43 | 0 | 0 | 0 | 0 | 0 | 0 | -48.75 | -13.48 | -71.59 | -48.75 | -13.48 | -71.59 | 0 | 100.0 | 0 | -48.75 | -13.45 | -71.59 | 0.00 | 0 | 0 |
| 23Q4 (17) | 65.53 | 139.77 | 43.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.56 | 49.02 | 159.09 | -4.78 | 13.56 | 11.32 | 2.53 | 65.36 | 25200.0 | 24.21 | 21.05 | 7066.32 | 6.07 | 70.51 | 123.16 | 0 | 0 | 0 | 0 | 0 | 0 | 72.14 | 1.91 | 2.36 | 174.13 | 9.43 | 11.79 | 0 | 0 | 0 | 0 | 0 | 0 | -42.96 | -12.55 | -81.42 | -42.96 | -12.55 | -81.42 | -0.01 | 0 | 0 | -42.97 | -12.58 | -81.46 | 0.00 | 0 | 0 |
| 23Q3 (16) | 27.33 | -20.23 | -45.37 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.06 | 32.47 | 302.63 | -5.53 | -30.73 | -31.04 | 1.53 | 30.77 | 255.81 | 20.00 | -8.55 | -44.19 | 3.56 | -18.91 | -7.77 | 0 | 0 | 0 | 0 | 0 | 0 | 70.79 | 0.9 | 0.51 | 159.13 | 0.0 | 2.16 | 0 | 0 | 0 | 0 | 0 | 0 | -38.17 | -16.94 | -108.58 | -38.17 | -16.94 | -108.58 | 0 | 100.0 | 0 | -38.17 | -16.87 | -108.58 | 0.00 | 0 | 0 |
| 23Q2 (15) | 34.26 | -10.31 | -36.91 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.31 | 344.23 | 1115.79 | -4.23 | 10.38 | -86.34 | 1.17 | 290.0 | 3800.0 | 21.87 | 135.46 | 220.75 | 4.39 | 18.01 | 169.33 | 0 | 0 | 0 | 0 | 0 | 0 | 70.16 | 0.42 | -0.18 | 159.13 | 0.0 | 2.16 | 0 | 0 | 0 | 0 | 0 | 0 | -32.64 | -14.89 | -131.82 | -32.64 | -14.89 | -131.82 | -0.02 | 0 | 0 | -32.66 | -14.96 | -131.96 | 0.00 | 0 | 0 |
| 23Q1 (14) | 38.2 | -16.12 | -33.67 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.52 | -70.45 | 108.0 | -4.72 | 12.43 | -177.65 | 0.3 | 2900.0 | 36.36 | 9.29 | 2649.23 | -89.45 | 3.72 | 36.76 | 785.71 | 0 | 0 | 0 | 0 | 0 | 0 | 69.87 | -0.87 | 0.3 | 159.13 | 2.16 | 2.16 | 0 | 0 | 0 | 0 | 0 | 0 | -28.41 | -19.97 | -140.36 | -28.41 | -19.97 | -140.36 | 0 | 0 | 0 | -28.41 | -19.97 | -140.36 | 0.00 | 0 | 0 |
| 22Q4 (13) | 45.54 | -8.97 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.76 | 131.58 | 0 | -5.39 | -27.73 | 0 | 0.01 | -97.67 | 0 | 0.34 | -99.06 | 0 | 2.72 | -29.53 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 70.48 | 0.07 | 0 | 155.76 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -23.68 | -29.4 | 0 | -23.68 | -29.4 | 0 | 0 | 0 | 0 | -23.68 | -29.4 | 0 | 0.00 | 0 | 0 |
| 22Q3 (12) | 50.03 | -7.86 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.76 | 300.0 | 0 | -4.22 | -85.9 | 0 | 0.43 | 1333.33 | 0 | 35.83 | 425.56 | 0 | 3.86 | 136.81 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 70.43 | 0.2 | 0 | 155.76 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -18.3 | -29.97 | 0 | -18.3 | -29.97 | 0 | 0 | 0 | 0 | -18.3 | -29.97 | 0 | 0.00 | 0 | 0 |
| 22Q2 (11) | 54.3 | -5.71 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.19 | -24.0 | 0 | -2.27 | -33.53 | 0 | 0.03 | -86.36 | 0 | 6.82 | -92.25 | 0 | 1.63 | 288.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 70.29 | 0.9 | 0 | 155.76 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -14.08 | -19.12 | 0 | -14.08 | -19.12 | 0 | 0 | 0 | 0 | -14.08 | -19.12 | 0 | 0.00 | 0 | 0 |
| 22Q1 (10) | 57.59 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.25 | 0 | 0 | -1.7 | 0 | 0 | 0.22 | 0 | 0 | 88.00 | 0 | 0 | 0.42 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 69.66 | 0 | 0 | 155.76 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -11.82 | 0 | 0 | -11.82 | 0 | 0 | 0 | 0 | 0 | -11.82 | 0 | 0 | 0.00 | 0 | 0 |
