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) | 1.32 | 12.82 | 0 | 0 | 0.34 | -24.44 | 0 | 0 | 4.47 | 3.71 | -0.12 | 0 | 1.09 | 14.74 | 24.38 | 10.63 | 0.58 | 5.45 | 0 | 0 | 5.77 | -6.48 | 0 | 0 | 1.29 | 24.04 | 0 | 0 | 0.18 | 0.0 | -0.93 | 0 | -0.75 | 0 | -0.15 | 0 | -1.08 | 0 | 0.00 | 0 |
| 2022 (9) | 1.17 | 134.0 | 0.1 | 233.33 | 0.45 | -8.16 | 0 | 0 | 4.31 | -5.48 | -0.32 | 0 | 0.95 | 1.06 | 22.04 | 6.93 | 0.55 | -36.05 | 0 | 0 | 6.17 | 19.11 | 0 | 0 | 1.04 | -90.48 | 0 | 0 | 0.18 | 0.0 | -0.81 | 0 | -0.62 | 0 | -0.09 | 0 | -0.9 | 0 | 0.00 | 0 |
| 2021 (8) | 0.5 | -40.48 | 0.03 | 0 | 0.49 | -89.55 | 0 | 0 | 4.56 | 13.43 | -0.31 | 0 | 0.94 | 28.77 | 20.61 | 13.52 | 0.86 | 82.98 | 0 | 0 | 5.18 | 388.68 | 0 | 0 | 10.93 | 0.0 | 0 | 0 | 0.18 | 0.0 | -10.43 | 0 | -10.24 | 0 | -0.16 | 0 | -10.59 | 0 | 0.00 | 0 |
| 2020 (7) | 0.84 | 9.09 | 0 | 0 | 4.69 | 1240.0 | 0 | 0 | 4.02 | -23.86 | -0.65 | 0 | 0.73 | -27.72 | 18.16 | -5.07 | 0.47 | -16.07 | 0 | 0 | 1.06 | -80.48 | 0 | 0 | 10.93 | 0.0 | 0 | 0 | 0.18 | 0.0 | -10.12 | 0 | -9.93 | 0 | -0.07 | 0 | -10.19 | 0 | 0.00 | 0 |
| 2019 (6) | 0.77 | -25.96 | 0.02 | -95.65 | 0.35 | 52.17 | 0 | 0 | 5.28 | -4.35 | 0.19 | 0.0 | 1.01 | -15.83 | 19.13 | -12.01 | 0.56 | 1.82 | 0 | 0 | 5.43 | 3.04 | 0 | 0 | 10.93 | 0.0 | 0 | 0 | 0.18 | -10.0 | -9.5 | 0 | -9.31 | 0 | -0.02 | 0 | -9.52 | 0 | 0.00 | 0 |
| 2018 (5) | 1.04 | -32.47 | 0.46 | -52.08 | 0.23 | 9.52 | 0 | 0 | 5.52 | -34.13 | 0.19 | -77.91 | 1.2 | -36.51 | 21.74 | -3.61 | 0.55 | -11.29 | 0 | 0 | 5.27 | 7.99 | 0 | 0 | 10.93 | 0.0 | 0 | 0 | 0.2 | -87.01 | -9.69 | 0 | -9.49 | 0 | 0.21 | 0 | -9.48 | 0 | 0.17 | 2.08 |
| 2017 (4) | 1.54 | 40.0 | 0.96 | -35.14 | 0.21 | 0.0 | 0 | 0 | 8.38 | -31.7 | 0.86 | 0 | 1.89 | -34.6 | 22.55 | -4.24 | 0.62 | -20.51 | 0 | 0 | 4.88 | 5.63 | 0 | 0 | 10.93 | 0.0 | 0 | 0 | 1.54 | 0.0 | -9.94 | 0 | -8.4 | 0 | -0.79 | 0 | -10.73 | 0 | 0.17 | -71.51 |
| 2016 (3) | 1.1 | -57.2 | 1.48 | -89.09 | 0.21 | -87.5 | 0 | 0 | 12.27 | -71.49 | -4.59 | 0 | 2.89 | -71.04 | 23.55 | 1.55 | 0.78 | -67.36 | 0 | 0 | 4.62 | -21.43 | 0 | 0 | 10.93 | 0.0 | 0 | 0 | 1.54 | 0.0 | -10.76 | 0 | -9.22 | 0 | -0.8 | 0 | -11.56 | 0 | 0.60 | 136.95 |
| 2015 (2) | 2.57 | 54.82 | 13.56 | -25.25 | 1.68 | 9.09 | 0 | 0 | 43.03 | -18.49 | -1.92 | 0 | 9.98 | -43.33 | 23.19 | -30.47 | 2.39 | -54.13 | 0.92 | 0 | 5.88 | -2.65 | 0.09 | -52.63 | 10.93 | 0.0 | 0 | 0 | 1.54 | 0.0 | -6.63 | 0 | -5.09 | 0 | -0.62 | 0 | -7.25 | 0 | 0.25 | 35.06 |
| 2014 (1) | 1.66 | -63.6 | 18.14 | -14.43 | 1.54 | -61.31 | 0 | 0 | 52.79 | -1.35 | -4.65 | 0 | 17.61 | 14.95 | 33.36 | 16.52 | 5.21 | -34.38 | 0 | 0 | 6.04 | 7.86 | 0.19 | -20.83 | 10.93 | -52.0 | 0 | 0 | 1.54 | 0.0 | -4.6 | 0 | -3.06 | 0 | 0.24 | 0 | -4.36 | 0 | 0.19 | 37.45 |
| 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) | 0.89 | -34.56 | -13.59 | 0.07 | 0 | 0 | 0.34 | 6.25 | -30.61 | 0 | 0 | 0 | 1.58 | 3.27 | 22.48 | -0.09 | -190.0 | -190.0 | 1.5 | 7.14 | 51.52 | 26.27 | 1.7 | 9.59 | 0.79 | 21.54 | 38.6 | 0 | 0 | 0 | 4.9 | -8.92 | -16.24 | 0 | 0 | 0 | 1.47 | 0.0 | 25.64 | 0 | 0 | 0 | 0.18 | 0.0 | 0.0 | -0.85 | -11.84 | 15.84 | -0.67 | -17.54 | 18.29 | 0.08 | 180.0 | 172.73 | -0.77 | 10.47 | 31.25 | 0.00 | 0 | 0 |
| 24Q2 (19) | 1.36 | 21.43 | 38.78 | 0 | 0 | -100.0 | 0.32 | -8.57 | -38.46 | 0 | 0 | 0 | 1.53 | 12.5 | 47.12 | 0.1 | 25.0 | 176.92 | 1.4 | 2.94 | 72.84 | 25.83 | -6.37 | 25.64 | 0.65 | 4.84 | 30.0 | 0 | 0 | 0 | 5.38 | -5.45 | -9.12 | 0 | 0 | 0 | 1.47 | 13.95 | 25.64 | 0 | 0 | 0 | 0.18 | 0.0 | 0.0 | -0.76 | 11.63 | 30.91 | -0.57 | 14.93 | 38.04 | -0.1 | 23.08 | 33.33 | -0.86 | 13.13 | 31.2 | 0.00 | 0 | 0 |
| 24Q1 (18) | 1.12 | -15.15 | 21.74 | 0 | 0 | -100.0 | 0.35 | 2.94 | -23.91 | 0 | 0 | 0 | 1.36 | 9.68 | 51.11 | 0.08 | 0.0 | 147.06 | 1.36 | 24.77 | 72.15 | 27.59 | 13.13 | 1.27 | 0.62 | 6.9 | -1.59 | 0 | 0 | 0 | 5.69 | -1.39 | -6.11 | 0 | 0 | 0 | 1.29 | 0.0 | 24.04 | 0 | 0 | 0 | 0.18 | 0.0 | 0.0 | -0.86 | 7.53 | 12.24 | -0.67 | 10.67 | 15.19 | -0.13 | 13.33 | -30.0 | -0.99 | 8.33 | 8.33 | 0.00 | 0 | 0 |
| 23Q4 (17) | 1.32 | 28.16 | 12.82 | 0 | 0 | -100.0 | 0.34 | -30.61 | -24.44 | 0 | 0 | 0 | 1.24 | -3.88 | 37.78 | 0.08 | -20.0 | 130.77 | 1.09 | 10.1 | 14.74 | 24.38 | 1.73 | -18.12 | 0.58 | 1.75 | 5.45 | 0 | 0 | 0 | 5.77 | -1.37 | -6.48 | 0 | 0 | 0 | 1.29 | 10.26 | 24.04 | 0 | 0 | 0 | 0.18 | 0.0 | 0.0 | -0.93 | 7.92 | -14.81 | -0.75 | 8.54 | -20.97 | -0.15 | -36.36 | -66.67 | -1.08 | 3.57 | -20.0 | 0.00 | 0 | 0 |
| 23Q3 (16) | 1.03 | 5.1 | 74.58 | 0 | -100.0 | -100.0 | 0.49 | -5.77 | -5.77 | 0 | 0 | 0 | 1.29 | 24.04 | 17.27 | 0.1 | 176.92 | 25.0 | 0.99 | 22.22 | 2.06 | 23.97 | 16.6 | -14.99 | 0.57 | 14.0 | 26.67 | 0 | 0 | 0 | 5.85 | -1.18 | 9.76 | 0 | 0 | 0 | 1.17 | 0.0 | 17.0 | 0 | 0 | 0 | 0.18 | 0.0 | 0.0 | -1.01 | 8.18 | -80.36 | -0.82 | 10.87 | -115.79 | -0.11 | 26.67 | -10.0 | -1.12 | 10.4 | -69.7 | 0.00 | 0 | 0 |
| 23Q2 (15) | 0.98 | 6.52 | 0 | 0.11 | -15.38 | 0 | 0.52 | 13.04 | 0 | 0 | 0 | 0 | 1.04 | 15.56 | 0 | -0.13 | 23.53 | 0 | 0.81 | 2.53 | 0 | 20.56 | -24.53 | 0 | 0.5 | -20.63 | 0 | 0 | 0 | 0 | 5.92 | -2.31 | 0 | 0 | 0 | 0 | 1.17 | 12.5 | 0 | 0 | 0 | 0 | 0.18 | 0.0 | 0 | -1.1 | -12.24 | 0 | -0.92 | -16.46 | 0 | -0.15 | -50.0 | 0 | -1.25 | -15.74 | 0 | 0.00 | 0 | 0 |
| 23Q1 (14) | 0.92 | -21.37 | 67.27 | 0.13 | 30.0 | 18.18 | 0.46 | 2.22 | -8.0 | 0 | 0 | 0 | 0.9 | 0.0 | -24.37 | -0.17 | 34.62 | -88.89 | 0.79 | -16.84 | -17.71 | 27.24 | -8.53 | 31.1 | 0.63 | 14.55 | -22.22 | 0 | 0 | 0 | 6.06 | -1.78 | 14.34 | 0 | 0 | 0 | 1.04 | 0.0 | -90.48 | 0 | 0 | 0 | 0.18 | 0.0 | 0.0 | -0.98 | -20.99 | 90.68 | -0.79 | -27.42 | 92.35 | -0.1 | -11.11 | 16.67 | -1.08 | -20.0 | 89.84 | 0.00 | 0 | 0 |
| 22Q4 (13) | 1.17 | 98.31 | 134.0 | 0.1 | -16.67 | 233.33 | 0.45 | -13.46 | -8.16 | 0 | 0 | 0 | 0.9 | -18.18 | -21.74 | -0.26 | -425.0 | 7.14 | 0.95 | -2.06 | 1.06 | 29.78 | 5.61 | 44.15 | 0.55 | 22.22 | -36.05 | 0 | 0 | 0 | 6.17 | 15.76 | 19.11 | 0 | 0 | 0 | 1.04 | 4.0 | -90.48 | 0 | 0 | 0 | 0.18 | 0.0 | 0.0 | -0.81 | -44.64 | 92.23 | -0.62 | -63.16 | 93.95 | -0.09 | 10.0 | 43.75 | -0.9 | -36.36 | 91.5 | 0.00 | 0 | 0 |
| 22Q3 (12) | 0.59 | 0 | -39.8 | 0.12 | 0 | 0 | 0.52 | 0 | -25.71 | 0 | 0 | 0 | 1.1 | 0 | 0.92 | 0.08 | 0 | 900.0 | 0.97 | 0 | 8.99 | 28.20 | 0 | 42.26 | 0.45 | 0 | -50.0 | 0 | 0 | 0 | 5.33 | 0 | 5.75 | 0 | 0 | 0 | 1.0 | 0 | -90.85 | 0 | 0 | 0 | 0.18 | 0 | 0.0 | -0.56 | 0 | 94.48 | -0.38 | 0 | 96.18 | -0.1 | 0 | 33.33 | -0.66 | 0 | 93.59 | 0.00 | 0 | 0 |
