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) | 92.06 | 145.89 | 0 | 0 | 0 | 0 | 0 | 0 | 135.76 | -27.71 | 9.69 | -66.52 | 20.68 | 28.85 | 15.23 | 78.25 | 15.74 | -69.92 | 5.52 | 1.47 | 0 | 0 | 15.12 | -9.08 | 16.6 | 14.09 | 10.75 | 36.94 | 0 | 0 | 26.93 | -35.76 | 37.68 | -24.29 | 2.51 | -20.06 | 29.44 | -34.66 | 0.00 | 0 |
| 2022 (9) | 37.44 | -26.1 | 37.0 | 0 | 0 | 0 | 0 | 0 | 187.81 | 5.92 | 28.94 | 49.41 | 16.05 | -39.3 | 8.55 | -42.69 | 52.32 | 30.44 | 5.44 | 2.84 | 0 | 0 | 16.63 | 410.12 | 14.55 | 112.1 | 7.85 | 22.46 | 0 | 0 | 41.92 | 191.72 | 49.77 | 139.39 | 3.14 | 1156.0 | 45.06 | 208.21 | 0.00 | 0 |
| 2021 (8) | 50.66 | 108.31 | 0 | 0 | 0 | 0 | 0 | 0 | 177.32 | 81.75 | 19.37 | 82.56 | 26.44 | 227.23 | 14.91 | 80.04 | 40.11 | 157.45 | 5.29 | 0 | 0 | 0 | 3.26 | 2863.64 | 6.86 | 6.03 | 6.41 | 0.0 | 0 | 0 | 14.37 | 0 | 20.79 | 224.84 | 0.25 | 0 | 14.62 | 0 | 0.05 | -47.57 |
| 2020 (7) | 24.32 | 3.89 | 0 | 0 | 0 | 0 | 0 | 0 | 97.56 | -20.09 | 10.61 | -31.9 | 8.08 | -38.32 | 8.28 | -22.81 | 15.58 | -26.96 | 0 | 0 | 0 | 0 | 0.11 | -65.62 | 6.47 | 0.0 | 6.41 | 27.18 | 0 | 0 | -0.02 | 0 | 6.4 | -21.95 | 0 | 0 | -0.02 | 0 | 0.10 | 0 |
| 2019 (6) | 23.41 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 122.09 | 0 | 15.58 | 0 | 13.1 | 0 | 10.73 | 0 | 21.33 | 0 | 0 | 0 | 0 | 0 | 0.32 | 0 | 6.47 | 0 | 5.04 | 0 | 0 | 0 | 3.16 | 0 | 8.2 | 0 | -0.01 | 0 | 3.15 | 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) | 111.62 | 23.75 | 115.36 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 55.65 | 13.59 | 44.81 | 8.52 | 6.37 | 100.47 | 34.37 | 7.61 | 27.91 | 19.67 | -2.99 | -1.4 | 23.49 | 34.77 | 4.35 | 5.43 | 1.5 | 0.93 | 0 | 0 | 0 | 31.94 | 119.52 | 106.33 | 16.75 | 0.0 | 15.12 | 11.72 | 0.0 | 9.02 | 0 | 0 | 0 | 38.71 | 30.07 | 52.58 | 50.43 | 21.58 | 39.62 | 3.36 | -4.0 | 12.75 | 42.07 | 26.49 | 48.4 | 0.12 | 0 | 0 |
| 24Q2 (19) | 90.2 | -12.71 | 30.82 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 48.99 | 28.01 | 39.33 | 8.01 | 95.37 | 193.41 | 31.94 | 48.56 | 62.13 | 20.27 | 35.52 | 47.05 | 17.43 | 34.08 | -40.9 | 5.35 | -4.97 | -9.17 | 0 | 0 | 0 | 14.55 | -2.55 | -8.03 | 16.75 | 0.12 | 15.12 | 11.72 | 9.02 | 9.02 | 0 | 0 | 0 | 29.76 | 30.93 | 40.91 | 41.48 | 23.89 | 30.15 | 3.5 | 10.41 | 47.06 | 33.26 | 28.42 | 41.53 | 0.00 | 0 | 0 |
| 24Q1 (18) | 103.33 | 12.24 | 124.87 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 38.27 | 20.12 | 26.3 | 4.1 | 169.74 | 244.54 | 21.5 | 3.97 | 35.22 | 14.96 | -1.8 | 56.42 | 13.0 | -17.41 | -69.43 | 5.63 | 1.99 | -1.57 | 0 | 0 | 0 | 14.93 | -1.26 | -8.63 | 16.73 | 0.78 | 14.98 | 10.75 | 0.0 | 36.94 | 0 | 0 | 0 | 22.73 | -15.6 | 6.81 | 33.48 | -11.15 | 14.89 | 3.17 | 26.29 | 10.45 | 25.9 | -12.02 | 7.25 | 0.00 | 0 | 0 |
| 23Q4 (17) | 92.06 | 77.62 | 145.89 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 31.86 | -17.1 | 3.34 | 1.52 | -64.24 | -1.3 | 20.68 | -23.04 | 28.85 | 15.23 | -23.62 | 78.26 | 15.74 | -30.08 | -69.92 | 5.52 | 2.6 | 1.47 | 0 | 0 | 0 | 15.12 | -2.33 | -9.08 | 16.6 | 14.09 | 14.09 | 10.75 | 0.0 | 36.94 | 0 | 0 | 0 | 26.93 | 6.15 | -35.76 | 37.68 | 4.32 | -24.29 | 2.51 | -15.77 | -20.06 | 29.44 | 3.84 | -34.66 | 0.00 | 0 | 0 |
| 23Q3 (16) | 51.83 | -24.83 | -14.34 | 44.5 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 38.43 | 9.3 | -17.53 | 4.25 | 55.68 | -36.19 | 26.87 | 36.4 | -4.07 | 19.95 | 44.67 | 50.44 | 22.51 | -23.67 | -58.48 | 5.38 | -8.66 | 3.26 | 0 | 0 | 0 | 15.48 | -2.15 | -7.58 | 14.55 | 0.0 | 0.0 | 10.75 | 0.0 | 36.94 | 0 | 0 | 0 | 25.37 | 20.12 | -37.11 | 36.12 | 13.34 | -25.05 | 2.98 | 25.21 | -15.58 | 28.35 | 20.64 | -35.38 | 0.00 | 0 | 0 |
| 23Q2 (15) | 68.95 | 50.05 | -0.59 | 44.5 | -3.26 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35.16 | 16.04 | -39.92 | 2.73 | 129.41 | -73.29 | 19.7 | 23.9 | -35.66 | 13.79 | 44.15 | -25.86 | 29.49 | -30.64 | -37.64 | 5.89 | 2.97 | 18.99 | 0 | 0 | 0 | 15.82 | -3.18 | 220.89 | 14.55 | 0.0 | 0.0 | 10.75 | 36.94 | 36.94 | 0 | 0 | 0 | 21.12 | -0.75 | -37.29 | 31.87 | 9.37 | -23.26 | 2.38 | -17.07 | -11.52 | 23.5 | -2.69 | -35.39 | 0.00 | 0 | 0 |
| 23Q1 (14) | 45.95 | 22.73 | -27.14 | 46.0 | 24.32 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30.3 | -1.72 | -41.57 | 1.19 | -22.73 | -88.7 | 15.9 | -0.93 | -33.58 | 9.56 | 11.91 | -57.59 | 42.52 | -18.73 | -2.23 | 5.72 | 5.15 | 6.12 | 0 | 0 | 0 | 16.34 | -1.74 | 347.67 | 14.55 | 0.0 | 0.0 | 7.85 | 0.0 | 22.46 | 0 | 0 | 0 | 21.28 | -49.24 | -14.54 | 29.14 | -41.45 | -6.93 | 2.87 | -8.6 | -17.53 | 24.15 | -46.4 | -14.9 | 0.00 | 0 | 0 |
| 22Q4 (13) | 37.44 | -38.13 | -26.1 | 37.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30.83 | -33.84 | -43.21 | 1.54 | -76.88 | -72.79 | 16.05 | -42.7 | -39.3 | 8.55 | -35.54 | -82.45 | 52.32 | -3.49 | 30.44 | 5.44 | 4.41 | 2.84 | 0 | 0 | 0 | 16.63 | -0.72 | 410.12 | 14.55 | 0.0 | 112.1 | 7.85 | 0.0 | 22.46 | 0 | 0 | 0 | 41.92 | 3.92 | 191.72 | 49.77 | 3.28 | 139.39 | 3.14 | -11.05 | 1156.0 | 45.06 | 2.71 | 208.21 | 0.00 | 0 | -100.0 |
| 22Q3 (12) | 60.51 | -12.76 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 46.6 | -20.37 | 0 | 6.66 | -34.83 | 0 | 28.01 | -8.52 | 0 | 13.26 | -28.7 | 0 | 54.21 | 14.63 | 0 | 5.21 | 5.25 | 0 | 0 | 0 | 0 | 16.75 | 239.76 | 0 | 14.55 | 0.0 | 0 | 7.85 | 0.0 | 0 | 0 | 0 | 0 | 40.34 | 19.77 | 0 | 48.19 | 16.04 | 0 | 3.53 | 31.23 | 0 | 43.87 | 20.62 | 0 | 0.00 | 0 | 0 |
| 22Q2 (11) | 69.36 | 9.97 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 58.52 | 12.84 | 0 | 10.22 | -2.94 | 0 | 30.62 | 27.9 | 0 | 18.59 | -17.55 | 0 | 47.29 | 8.74 | 0 | 4.95 | -8.16 | 0 | 0 | 0 | 0 | 4.93 | 35.07 | 0 | 14.55 | 0.0 | 0 | 7.85 | 22.46 | 0 | 0 | 0 | 0 | 33.68 | 35.26 | 0 | 41.53 | 32.64 | 0 | 2.69 | -22.7 | 0 | 36.37 | 28.15 | 0 | 0.00 | 0 | 0 |
| 22Q1 (10) | 63.07 | 24.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 51.86 | -4.48 | 0 | 10.53 | 86.04 | 0 | 23.94 | -9.46 | 0 | 22.55 | -53.69 | 0 | 43.49 | 8.43 | 0 | 5.39 | 1.89 | 0 | 0 | 0 | 0 | 3.65 | 11.96 | 0 | 14.55 | 112.1 | 0 | 6.41 | 0.0 | 0 | 0 | 0 | 0 | 24.9 | 73.28 | 0 | 31.31 | 50.6 | 0 | 3.48 | 1292.0 | 0 | 28.38 | 94.12 | 0 | 0.00 | -100.0 | 0 |
| 21Q4 (9) | 50.66 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 54.29 | 0 | 0 | 5.66 | 0 | 0 | 26.44 | 0 | 0 | 48.70 | 0 | 0 | 40.11 | 0 | 0 | 5.29 | 0 | 0 | 0 | 0 | 0 | 3.26 | 0 | 0 | 6.86 | 0 | 0 | 6.41 | 0 | 0 | 0 | 0 | 0 | 14.37 | 0 | 0 | 20.79 | 0 | 0 | 0.25 | 0 | 0 | 14.62 | 0 | 0 | 0.05 | 0 | 0 |
