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) | 4.22 | 34.39 | 0 | 0 | 0 | 0 | 0 | 0 | 5.54 | 0.36 | 0.5 | -20.63 | 1.63 | -8.94 | 29.42 | -9.27 | 0.41 | -22.64 | 0 | 0 | 0 | 0 | 0.25 | 525.0 | 3.1 | 10.71 | 0.5 | 16.28 | 0.33 | 3.12 | 1.69 | -7.65 | 2.52 | -2.7 | -0.36 | 0 | 1.33 | -11.33 | 0.00 | 0 |
| 2022 (9) | 3.14 | 107.95 | 0 | 0 | 0.01 | 0.0 | 0 | 0 | 5.52 | 12.2 | 0.63 | 103.23 | 1.79 | 21.77 | 32.43 | 8.53 | 0.53 | -30.26 | 0 | 0 | 0 | 0 | 0.04 | 0.0 | 2.8 | 0.0 | 0.43 | 7.5 | 0.32 | 6.67 | 1.83 | 23.65 | 2.59 | 18.26 | -0.33 | 0 | 1.5 | 29.31 | 0.00 | 0 |
| 2021 (8) | 1.51 | -45.88 | 0.15 | 50.0 | 0.01 | 0.0 | 0 | 0 | 4.92 | 12.33 | 0.31 | 14.81 | 1.47 | 2.08 | 29.88 | -9.12 | 0.76 | 145.16 | 0.33 | 0 | 0.01 | -50.0 | 0.04 | 0.0 | 2.8 | 0.0 | 0.4 | 8.11 | 0.3 | 0 | 1.48 | -17.32 | 2.19 | 1.39 | -0.32 | 0 | 1.16 | -22.15 | 0.00 | 0 |
| 2020 (7) | 2.79 | -20.74 | 0.1 | -66.67 | 0.01 | 0.0 | 0 | 0 | 4.38 | -19.63 | 0.27 | -27.03 | 1.44 | -3.36 | 32.88 | 20.25 | 0.31 | -3.12 | 0 | 0 | 0.02 | -33.33 | 0.04 | -20.0 | 2.8 | 0.0 | 0.37 | 8.82 | 0 | 0 | 1.79 | -6.28 | 2.16 | -4.0 | -0.3 | 0 | 1.49 | -9.15 | 0.00 | 0 |
| 2019 (6) | 3.52 | -6.13 | 0.3 | 200.0 | 0.01 | 0.0 | 0 | 0 | 5.45 | -26.65 | 0.37 | -2.63 | 1.49 | -40.16 | 27.34 | -18.42 | 0.32 | -38.46 | 0 | 0 | 0.03 | -40.0 | 0.05 | -28.57 | 2.8 | 0.0 | 0.34 | 13.33 | 0 | 0 | 1.91 | 4.37 | 2.25 | 5.63 | -0.27 | 0 | 1.64 | 0.61 | 0.00 | 0 |
| 2018 (5) | 3.75 | 46.48 | 0.1 | -50.0 | 0.01 | -85.71 | 0 | 0 | 7.43 | 7.37 | 0.38 | 111.11 | 2.49 | 72.92 | 33.51 | 61.05 | 0.52 | -11.86 | 0 | 0 | 0.05 | 0 | 0.07 | 0.0 | 2.8 | 7.28 | 0.3 | 7.14 | 0 | 0 | 1.83 | 14.37 | 2.13 | 13.3 | -0.2 | 0 | 1.63 | 42.98 | 0.00 | 0 |
| 2017 (4) | 2.56 | 0 | 0.2 | 0 | 0.07 | 0 | 1.12 | 0 | 6.92 | 0 | 0.18 | 0 | 1.44 | 0 | 20.81 | 0 | 0.59 | 0 | 0 | 0 | 0 | 0 | 0.07 | 0 | 2.61 | 0 | 0.28 | 0 | 0 | 0 | 1.6 | 0 | 1.88 | 0 | -0.46 | 0 | 1.14 | 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) | 3.24 | 0.31 | -20.78 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.62 | 27.56 | 20.9 | 0.07 | -22.22 | -50.0 | 2.04 | 19.3 | 15.25 | 37.57 | 13.15 | 21.41 | 0.51 | 15.91 | 4.08 | 0 | 0 | 0 | 0 | 0 | 0 | 0.22 | -4.35 | -18.52 | 3.13 | 0.32 | 0.32 | 0.55 | 0.0 | 10.0 | 0.36 | 0.0 | 9.09 | 1.33 | 4.72 | -18.4 | 2.24 | 2.75 | -8.94 | -0.29 | -3.57 | 3.33 | 1.04 | 5.05 | -21.8 | 0.00 | 0 | 0 |
| 24Q2 (19) | 3.23 | -24.18 | -18.23 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.27 | 10.43 | -6.62 | 0.09 | 80.0 | -43.75 | 1.71 | 3.01 | -2.29 | 33.20 | 4.81 | 7.39 | 0.44 | 12.82 | 10.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.23 | -4.17 | -14.81 | 3.12 | 0.65 | 1.3 | 0.55 | 10.0 | 10.0 | 0.36 | 9.09 | 9.09 | 1.27 | 0.79 | -14.19 | 2.18 | 4.31 | -5.63 | -0.28 | 3.45 | 24.32 | 0.99 | 2.06 | -10.81 | 0.00 | 0 | 0 |
| 24Q1 (18) | 4.26 | 0.95 | 29.48 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 1.15 | -17.27 | -20.69 | 0.05 | -28.57 | -61.54 | 1.66 | 1.84 | 0.0 | 31.68 | 7.67 | 5.92 | 0.39 | -4.88 | -11.36 | 0 | 0 | 0 | 0 | 0 | 0 | 0.24 | -4.0 | -17.24 | 3.1 | 0.0 | 10.71 | 0.5 | 0.0 | 16.28 | 0.33 | 0.0 | 3.12 | 1.26 | -25.44 | -10.0 | 2.09 | -17.06 | -2.79 | -0.29 | 19.44 | 9.38 | 0.97 | -27.07 | -10.19 | 0.00 | 0 | 0 |
| 23Q4 (17) | 4.22 | 3.18 | 34.39 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 1.39 | 3.73 | -11.46 | 0.07 | -50.0 | -36.36 | 1.63 | -7.91 | -8.94 | 29.42 | -4.92 | -9.43 | 0.41 | -16.33 | -22.64 | 0 | 0 | 0 | 0 | 0 | 0 | 0.25 | -7.41 | 525.0 | 3.1 | -0.64 | 10.71 | 0.5 | 0.0 | 16.28 | 0.33 | 0.0 | 3.12 | 1.69 | 3.68 | -7.65 | 2.52 | 2.44 | -2.7 | -0.36 | -20.0 | -9.09 | 1.33 | 0.0 | -11.33 | 0.00 | 0 | 0 |
| 23Q3 (16) | 4.09 | 3.54 | 165.58 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 1.34 | -1.47 | 4.69 | 0.14 | -12.5 | -44.0 | 1.77 | 1.14 | 4.73 | 30.94 | 0.08 | -6.25 | 0.49 | 22.5 | -26.87 | 0 | 0 | 0 | 0 | 0 | 0 | 0.27 | 0.0 | 575.0 | 3.12 | 1.3 | 11.43 | 0.5 | 0.0 | 16.28 | 0.33 | 0.0 | 3.12 | 1.63 | 10.14 | -4.68 | 2.46 | 6.49 | -0.4 | -0.3 | 18.92 | 3.23 | 1.33 | 19.82 | -5.0 | 0.00 | 0 | 0 |
| 23Q2 (15) | 3.95 | 20.06 | 133.73 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 1.36 | -6.21 | 8.8 | 0.16 | 23.08 | 14.29 | 1.75 | 5.42 | 19.86 | 30.92 | 3.37 | 7.79 | 0.4 | -9.09 | -48.05 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0.27 | -6.9 | 575.0 | 3.08 | 10.0 | 10.0 | 0.5 | 16.28 | 16.28 | 0.33 | 3.12 | 3.12 | 1.48 | 5.71 | 1.37 | 2.31 | 7.44 | 4.05 | -0.37 | -15.62 | -19.35 | 1.11 | 2.78 | -3.48 | 0.00 | 0 | 0 |
| 23Q1 (14) | 3.29 | 4.78 | 126.9 | 0 | 0 | -100.0 | 0.01 | 0.0 | 0.0 | 0 | 0 | 0 | 1.45 | -7.64 | 2.84 | 0.13 | 18.18 | 8.33 | 1.66 | -7.26 | -9.29 | 29.91 | -7.93 | 3.62 | 0.44 | -16.98 | -47.62 | 0 | 0 | -100.0 | 0 | 0 | -100.0 | 0.29 | 625.0 | 625.0 | 2.8 | 0.0 | 0.0 | 0.43 | 0.0 | 7.5 | 0.32 | 0.0 | 6.67 | 1.4 | -23.5 | 2.19 | 2.15 | -16.99 | 3.86 | -0.32 | 3.03 | -14.29 | 1.08 | -28.0 | -0.92 | 0.00 | 0 | 0 |
| 22Q4 (13) | 3.14 | 103.9 | 107.95 | 0 | 0 | -100.0 | 0.01 | 0.0 | 0.0 | 0 | 0 | 0 | 1.57 | 22.66 | 33.05 | 0.11 | -56.0 | 266.67 | 1.79 | 5.92 | 21.77 | 32.49 | -1.58 | 8.95 | 0.53 | -20.9 | -30.26 | 0 | 0 | -100.0 | 0 | 0 | -100.0 | 0.04 | 0.0 | 0.0 | 2.8 | 0.0 | 0.0 | 0.43 | 0.0 | 7.5 | 0.32 | 0.0 | 6.67 | 1.83 | 7.02 | 23.65 | 2.59 | 4.86 | 18.26 | -0.33 | -6.45 | -3.12 | 1.5 | 7.14 | 29.31 | 0.00 | 0 | 0 |
| 22Q3 (12) | 1.54 | -8.88 | -6.1 | 0 | 0 | -100.0 | 0.01 | -50.0 | 0.0 | 0 | 0 | 0 | 1.28 | 2.4 | 2.4 | 0.25 | 78.57 | 108.33 | 1.69 | 15.75 | 9.03 | 33.01 | 15.08 | -20.14 | 0.67 | -12.99 | 19.64 | 0 | -100.0 | 0 | 0 | 0 | -100.0 | 0.04 | 0.0 | 0.0 | 2.8 | 0.0 | 0.0 | 0.43 | 0.0 | 7.5 | 0.32 | 0.0 | 6.67 | 1.71 | 17.12 | 17.12 | 2.47 | 11.26 | 14.35 | -0.31 | 0.0 | 11.43 | 1.4 | 21.74 | 26.13 | 0.00 | 0 | 0 |
| 22Q2 (11) | 1.69 | 16.55 | -30.74 | 0 | -100.0 | -100.0 | 0.02 | 100.0 | 100.0 | 0 | 0 | 0 | 1.25 | -11.35 | -50.0 | 0.14 | 16.67 | -12.5 | 1.46 | -20.22 | -9.32 | 28.68 | -0.63 | -55.46 | 0.77 | -8.33 | 97.44 | 0.19 | 0.0 | 0 | 0 | -100.0 | -100.0 | 0.04 | 0.0 | 0.0 | 2.8 | 0.0 | 0.0 | 0.43 | 7.5 | 16.22 | 0.32 | 6.67 | 0 | 1.46 | 6.57 | -24.74 | 2.22 | 7.25 | -4.31 | -0.31 | -10.71 | 8.82 | 1.15 | 5.5 | -28.12 | 0.00 | 0 | 0 |
| 22Q1 (10) | 1.45 | -3.97 | 0 | 0.1 | -33.33 | 0 | 0.01 | 0.0 | 0 | 0 | 0 | 0 | 1.41 | 19.49 | 0 | 0.12 | 300.0 | 0 | 1.83 | 24.49 | 0 | 28.86 | -3.2 | 0 | 0.84 | 10.53 | 0 | 0.19 | -42.42 | 0 | 0.01 | 0.0 | 0 | 0.04 | 0.0 | 0 | 2.8 | 0.0 | 0 | 0.4 | 0.0 | 0 | 0.3 | 0.0 | 0 | 1.37 | -7.43 | 0 | 2.07 | -5.48 | 0 | -0.28 | 12.5 | 0 | 1.09 | -6.03 | 0 | 0.00 | 0 | 0 |
| 21Q4 (9) | 1.51 | -7.93 | 0 | 0.15 | 50.0 | 0 | 0.01 | 0.0 | 0 | 0 | 0 | 0 | 1.18 | -5.6 | 0 | 0.03 | -75.0 | 0 | 1.47 | -5.16 | 0 | 29.82 | -27.86 | 0 | 0.76 | 35.71 | 0 | 0.33 | 0 | 0 | 0.01 | 0.0 | 0 | 0.04 | 0.0 | 0 | 2.8 | 0.0 | 0 | 0.4 | 0.0 | 0 | 0.3 | 0.0 | 0 | 1.48 | 1.37 | 0 | 2.19 | 1.39 | 0 | -0.32 | 8.57 | 0 | 1.16 | 4.5 | 0 | 0.00 | 0 | 0 |
| 21Q3 (8) | 1.64 | -32.79 | 0 | 0.1 | 0.0 | 0 | 0.01 | 0.0 | 0 | 0 | 0 | 0 | 1.25 | -50.0 | 0 | 0.12 | -25.0 | 0 | 1.55 | -3.73 | 0 | 41.33 | -35.82 | 0 | 0.56 | 43.59 | 0 | 0 | 0 | 0 | 0.01 | -50.0 | 0 | 0.04 | 0.0 | 0 | 2.8 | 0.0 | 0 | 0.4 | 8.11 | 0 | 0.3 | 0 | 0 | 1.46 | -24.74 | 0 | 2.16 | -6.9 | 0 | -0.35 | -2.94 | 0 | 1.11 | -30.63 | 0 | 0.00 | 0 | 0 |
| 21Q2 (7) | 2.44 | 0 | 0 | 0.1 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 | 2.5 | 0 | 0 | 0.16 | 0 | 0 | 1.61 | 0 | 0 | 64.40 | 0 | 0 | 0.39 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0 | 0 | 0.04 | 0 | 0 | 2.8 | 0 | 0 | 0.37 | 0 | 0 | 0 | 0 | 0 | 1.94 | 0 | 0 | 2.32 | 0 | 0 | -0.34 | 0 | 0 | 1.6 | 0 | 0 | 0.00 | 0 | 0 |
