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) | 4.04 | 11.6 | 4.19 | 65.61 | 1.42 | -14.46 | 0 | 0 | 13.24 | -33.77 | 0.08 | -93.89 | 2.97 | 6.07 | 22.43 | 60.15 | 2.62 | -9.03 | 0 | 0 | 6.96 | -40.31 | 0.07 | 0.0 | 6.56 | 12.14 | 1.44 | 9.09 | 0 | 0 | 4.2 | -15.32 | 5.65 | -10.17 | -0.02 | 0 | 4.18 | -14.17 | 0.00 | 0 |
| 2022 (9) | 3.62 | 2.26 | 2.53 | -22.87 | 1.66 | 9.21 | 0 | 0 | 19.99 | -2.06 | 1.31 | 50.57 | 2.8 | -34.88 | 14.01 | -33.52 | 2.88 | -12.73 | 0 | 0 | 11.66 | -15.99 | 0.07 | 0.0 | 5.85 | 2.63 | 1.32 | 7.32 | 0.01 | 0.0 | 4.96 | 18.1 | 6.29 | 15.62 | -0.09 | 0 | 4.87 | 20.54 | 0.00 | 0 |
| 2021 (8) | 3.54 | 151.06 | 3.28 | 285.88 | 1.52 | 16.92 | 0 | 0 | 20.41 | 40.18 | 0.87 | 0 | 4.3 | 71.31 | 21.07 | 22.21 | 3.3 | 100.0 | 0 | 0 | 13.88 | -9.1 | 0.07 | 40.0 | 5.7 | 9.62 | 1.23 | 0.0 | 0.01 | 0 | 4.2 | 25.37 | 5.44 | 18.78 | -0.16 | 0 | 4.04 | 20.96 | 0.00 | 0 |
| 2020 (7) | 1.41 | 4.44 | 0.85 | 32.81 | 1.3 | 13.04 | 0 | 0 | 14.56 | -15.89 | -0.12 | 0 | 2.51 | -19.03 | 17.24 | -3.74 | 1.65 | 22.22 | 0 | 0 | 15.27 | 1.33 | 0.05 | -37.5 | 5.2 | 0.0 | 1.23 | 3.36 | 0 | 0 | 3.35 | -11.61 | 4.58 | -8.22 | -0.01 | 0 | 3.34 | -11.87 | 0.00 | 0 |
| 2019 (6) | 1.35 | -22.41 | 0.64 | 10.34 | 1.15 | 310.71 | 0 | 0 | 17.31 | -8.99 | 0.42 | -4.55 | 3.1 | -14.13 | 17.91 | -5.64 | 1.35 | -6.9 | 0 | 0 | 15.07 | -6.75 | 0.08 | -11.11 | 5.2 | 0.0 | 1.19 | 3.48 | 0 | 0 | 3.79 | 1.61 | 4.99 | 2.25 | 0 | 0 | 3.79 | 1.61 | 0.00 | 0 |
| 2018 (5) | 1.74 | -15.12 | 0.58 | -66.28 | 0.28 | -9.68 | 0 | 0 | 19.02 | -13.51 | 0.44 | -58.1 | 3.61 | -15.06 | 18.98 | -1.8 | 1.45 | -11.04 | 0 | 0 | 16.16 | -2.65 | 0.09 | -25.0 | 5.2 | 0.0 | 1.15 | 10.58 | 0.01 | 0 | 3.73 | -5.09 | 4.88 | -1.81 | 0 | 0 | 3.73 | -4.85 | 0.00 | 0 |
| 2017 (4) | 2.05 | 44.37 | 1.72 | 4200.0 | 0.31 | -61.25 | 0 | 0 | 21.99 | 10.17 | 1.05 | -53.33 | 4.25 | -2.3 | 19.33 | -11.32 | 1.63 | 36.97 | 0 | 0 | 16.6 | 126.78 | 0.12 | 140.0 | 5.2 | 0.0 | 1.04 | 26.83 | 0 | 0 | 3.93 | -5.76 | 4.97 | -0.2 | -0.01 | 0 | 3.92 | -6.0 | 0.00 | 0 |
| 2016 (3) | 1.42 | 491.67 | 0.04 | 0 | 0.8 | -59.6 | 0 | 0 | 19.96 | 8.48 | 2.25 | -3.85 | 4.35 | 23.23 | 21.79 | 13.6 | 1.19 | -1.65 | 0 | 0 | 7.32 | 131.65 | 0.05 | 66.67 | 5.2 | 30.0 | 0.82 | 41.38 | 0 | 0 | 4.17 | 0.0 | 4.98 | 4.84 | 0 | 0 | 4.17 | 0.0 | 0.00 | 0 |
| 2015 (2) | 0.24 | 0 | 0 | 0 | 1.98 | 0 | 0 | 0 | 18.4 | 0 | 2.34 | 0 | 3.53 | 0 | 19.18 | 0 | 1.21 | 0 | 0 | 0 | 3.16 | 0 | 0.03 | 0 | 4.0 | 0 | 0.58 | 0 | 0 | 0 | 4.17 | 0 | 4.75 | 0 | 0 | 0 | 4.17 | 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) | 3.13 | -34.38 | 26.72 | 6.93 | 40.57 | 124.27 | 1.12 | -29.56 | -13.18 | 0 | 0 | 0 | 4.89 | -2.2 | 40.92 | 0.44 | -12.0 | 144.44 | 4.03 | -7.78 | 46.55 | 22.49 | -15.09 | 8.27 | 3.04 | 15.59 | 7.42 | 0 | 0 | 0 | 5.07 | -16.34 | -30.36 | 0.07 | 40.0 | 0.0 | 6.6 | 0.0 | 0.61 | 1.45 | 0.0 | 0.69 | 0 | 0 | 0 | 5.28 | 9.09 | 29.73 | 6.73 | 7.0 | 22.14 | -0.47 | 37.33 | -2250.0 | 4.81 | 17.6 | 18.77 | 0.00 | 0 | 0 |
| 24Q2 (19) | 4.77 | 100.42 | 269.77 | 4.93 | 96.41 | 220.13 | 1.59 | 7.43 | 23.26 | 0 | 0 | 0 | 5.0 | 23.15 | 70.65 | 0.5 | 6.38 | 327.27 | 4.37 | 27.41 | 82.08 | 26.48 | 11.42 | 66.74 | 2.63 | -1.13 | -11.45 | 0 | 0 | 0 | 6.06 | -7.34 | -20.26 | 0.05 | -16.67 | 0.0 | 6.6 | 0.0 | 0.61 | 1.45 | 0.69 | 0.69 | 0 | 0 | 0 | 4.84 | 3.64 | 24.42 | 6.29 | 2.78 | 18.01 | -0.75 | 9.64 | -1400.0 | 4.09 | 6.51 | 6.51 | 0.00 | 0 | 0 |
| 24Q1 (18) | 2.38 | -41.09 | 35.23 | 2.51 | -40.1 | 32.11 | 1.48 | 4.23 | -10.84 | 0 | 0 | 0 | 4.06 | 2.27 | 41.46 | 0.47 | 193.75 | 1666.67 | 3.43 | 15.49 | 46.58 | 23.77 | 5.96 | 79.8 | 2.66 | 1.53 | -16.61 | 0 | 0 | 0 | 6.54 | -6.03 | -41.81 | 0.06 | -14.29 | 0.0 | 6.6 | 0.61 | 12.82 | 1.44 | 0.0 | 9.09 | 0 | 0 | -100.0 | 4.67 | 11.19 | -5.08 | 6.12 | 8.32 | -2.08 | -0.83 | -4050.0 | -538.46 | 3.84 | -8.13 | -19.83 | 0.00 | 0 | 0 |
| 23Q4 (17) | 4.04 | 63.56 | 11.6 | 4.19 | 35.6 | 65.61 | 1.42 | 10.08 | -14.46 | 0 | 0 | 0 | 3.97 | 14.41 | 0.0 | 0.16 | -11.11 | 157.14 | 2.97 | 8.0 | 6.07 | 22.43 | 8.0 | 60.07 | 2.62 | -7.42 | -9.03 | 0 | 0 | 0 | 6.96 | -4.4 | -40.31 | 0.07 | 0.0 | 0.0 | 6.56 | 0.0 | 12.14 | 1.44 | 0.0 | 9.09 | 0 | 0 | -100.0 | 4.2 | 3.19 | -15.32 | 5.65 | 2.54 | -10.17 | -0.02 | 0.0 | 77.78 | 4.18 | 3.21 | -14.17 | 0.00 | 0 | 0 |
| 23Q3 (16) | 2.47 | 91.47 | -17.11 | 3.09 | 100.65 | 29.83 | 1.29 | 0.0 | -22.29 | 0 | 0 | 0 | 3.47 | 18.43 | -35.02 | 0.18 | 181.82 | -70.97 | 2.75 | 14.58 | -24.03 | 20.77 | 30.77 | 24.91 | 2.83 | -4.71 | -15.02 | 0 | 0 | 0 | 7.28 | -4.21 | -39.69 | 0.07 | 40.0 | 40.0 | 6.56 | 0.0 | 12.14 | 1.44 | 0.0 | 9.09 | 0 | 0 | -100.0 | 4.07 | 4.63 | -21.28 | 5.51 | 3.38 | -15.23 | -0.02 | 60.0 | 77.78 | 4.05 | 5.47 | -20.28 | 0.00 | 0 | 0 |
| 23Q2 (15) | 1.29 | -26.7 | -33.16 | 1.54 | -18.95 | 20.31 | 1.29 | -22.29 | -22.29 | 0 | 0 | 0 | 2.93 | 2.09 | -46.92 | -0.22 | -633.33 | -146.81 | 2.4 | 2.56 | -40.3 | 15.88 | 20.14 | -11.57 | 2.97 | -6.9 | -18.18 | 0 | 0 | 0 | 7.6 | -32.38 | -38.56 | 0.05 | -16.67 | -16.67 | 6.56 | 12.14 | 12.14 | 1.44 | 9.09 | 9.09 | 0 | -100.0 | -100.0 | 3.89 | -20.93 | -14.51 | 5.33 | -14.72 | -9.35 | -0.05 | 61.54 | 58.33 | 3.84 | -19.83 | -13.32 | 0.00 | 0 | 0 |
| 23Q1 (14) | 1.76 | -51.38 | 62.96 | 1.9 | -24.9 | 3.26 | 1.66 | 0.0 | 8.5 | 0 | 0 | 0 | 2.87 | -27.71 | -44.27 | -0.03 | 89.29 | -106.0 | 2.34 | -16.43 | -43.48 | 13.22 | -5.66 | -18.38 | 3.19 | 10.76 | -14.93 | 0 | 0 | 0 | 11.24 | -3.6 | -7.18 | 0.06 | -14.29 | 0.0 | 5.85 | 0.0 | 0.0 | 1.32 | 0.0 | 7.32 | 0.01 | 0.0 | 0.0 | 4.92 | -0.81 | 4.68 | 6.25 | -0.64 | 5.22 | -0.13 | -44.44 | 7.14 | 4.79 | -1.64 | 5.04 | 0.00 | 0 | 0 |
| 22Q4 (13) | 3.62 | 21.48 | 2.26 | 2.53 | 6.3 | -22.87 | 1.66 | 0.0 | 9.21 | 0 | 0 | 0 | 3.97 | -25.66 | -31.08 | -0.28 | -145.16 | -207.69 | 2.8 | -22.65 | -34.88 | 14.01 | -15.72 | -33.48 | 2.88 | -13.51 | -12.73 | 0 | 0 | 0 | 11.66 | -3.4 | -15.99 | 0.07 | 40.0 | 0.0 | 5.85 | 0.0 | 2.63 | 1.32 | 0.0 | 7.32 | 0.01 | 0.0 | 0.0 | 4.96 | -4.06 | 18.1 | 6.29 | -3.23 | 15.62 | -0.09 | 0.0 | 43.75 | 4.87 | -4.13 | 20.54 | 0.00 | 0 | 0 |
| 22Q3 (12) | 2.98 | 54.4 | 79.52 | 2.38 | 85.94 | -10.19 | 1.66 | 0.0 | 19.42 | 0 | 0 | 0 | 5.34 | -3.26 | -10.25 | 0.62 | 31.91 | 31.91 | 3.62 | -9.95 | -16.78 | 16.63 | -7.43 | -44.0 | 3.33 | -8.26 | 23.79 | 0 | 0 | 0 | 12.07 | -2.43 | -15.77 | 0.05 | -16.67 | 0.0 | 5.85 | 0.0 | 11.43 | 1.32 | 0.0 | 7.32 | 0.01 | 0.0 | 0 | 5.17 | 13.63 | 30.56 | 6.5 | 10.54 | 25.0 | -0.09 | 25.0 | 47.06 | 5.08 | 14.67 | 34.04 | 0.00 | 0 | 0 |
| 22Q2 (11) | 1.93 | 78.7 | 50.78 | 1.28 | -30.43 | 2.4 | 1.66 | 8.5 | 23.88 | 0 | 0 | 0 | 5.52 | 7.18 | -36.55 | 0.47 | -6.0 | 213.33 | 4.02 | -2.9 | 12.29 | 17.96 | 10.9 | -56.35 | 3.63 | -3.2 | 65.0 | 0 | 0 | 0 | 12.37 | 2.15 | -15.91 | 0.06 | 0.0 | 20.0 | 5.85 | 0.0 | 11.43 | 1.32 | 7.32 | 7.32 | 0.01 | 0.0 | 0 | 4.55 | -3.19 | 30.37 | 5.88 | -1.01 | 24.31 | -0.12 | 14.29 | 36.84 | 4.43 | -2.85 | 34.24 | 0.00 | 0 | 0 |
| 22Q1 (10) | 1.08 | -69.49 | 0 | 1.84 | -43.9 | 0 | 1.53 | 0.66 | 0 | 0 | 0 | 0 | 5.15 | -10.59 | 0 | 0.5 | 92.31 | 0 | 4.14 | -3.72 | 0 | 16.20 | -23.12 | 0 | 3.75 | 13.64 | 0 | 0 | 0 | 0 | 12.11 | -12.75 | 0 | 0.06 | -14.29 | 0 | 5.85 | 2.63 | 0 | 1.23 | 0.0 | 0 | 0.01 | 0.0 | 0 | 4.7 | 11.9 | 0 | 5.94 | 9.19 | 0 | -0.14 | 12.5 | 0 | 4.56 | 12.87 | 0 | 0.00 | 0 | 0 |
| 21Q4 (9) | 3.54 | 113.25 | 0 | 3.28 | 23.77 | 0 | 1.52 | 9.35 | 0 | 0 | 0 | 0 | 5.76 | -3.19 | 0 | 0.26 | -44.68 | 0 | 4.3 | -1.15 | 0 | 21.07 | -29.05 | 0 | 3.3 | 22.68 | 0 | 0 | 0 | 0 | 13.88 | -3.14 | 0 | 0.07 | 40.0 | 0 | 5.7 | 8.57 | 0 | 1.23 | 0.0 | 0 | 0.01 | 0 | 0 | 4.2 | 6.06 | 0 | 5.44 | 4.62 | 0 | -0.16 | 5.88 | 0 | 4.04 | 6.6 | 0 | 0.00 | 0 | 0 |
| 21Q3 (8) | 1.66 | 29.69 | 0 | 2.65 | 112.0 | 0 | 1.39 | 3.73 | 0 | 0 | 0 | 0 | 5.95 | -31.61 | 0 | 0.47 | 213.33 | 0 | 4.35 | 21.51 | 0 | 29.69 | -27.84 | 0 | 2.69 | 22.27 | 0 | 0 | 0 | 0 | 14.33 | -2.58 | 0 | 0.05 | 0.0 | 0 | 5.25 | 0.0 | 0 | 1.23 | 0.0 | 0 | 0 | 0 | 0 | 3.96 | 13.47 | 0 | 5.2 | 9.94 | 0 | -0.17 | 10.53 | 0 | 3.79 | 14.85 | 0 | 0.00 | 0 | 0 |
| 21Q2 (7) | 1.28 | 0 | 0 | 1.25 | 0 | 0 | 1.34 | 0 | 0 | 0 | 0 | 0 | 8.7 | 0 | 0 | 0.15 | 0 | 0 | 3.58 | 0 | 0 | 41.15 | 0 | 0 | 2.2 | 0 | 0 | 0 | 0 | 0 | 14.71 | 0 | 0 | 0.05 | 0 | 0 | 5.25 | 0 | 0 | 1.23 | 0 | 0 | 0 | 0 | 0 | 3.49 | 0 | 0 | 4.73 | 0 | 0 | -0.19 | 0 | 0 | 3.3 | 0 | 0 | 0.00 | 0 | 0 |
