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 | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 (10) | 4.26 | 10.65 | 0 | 0 | 0 | 0 | 0 | 0 | 1.43 | 361.29 | -2.01 | 0 | 0 | 0 | 0.00 | 0 | 0.03 | 0 | 0 | 0 | 0 | 0 | 3.42 | -9.04 | 15.1 | 12.6 | 0 | 0 | 0 | 0 | -21.53 | 0 | -21.53 | 0 | -0.88 | 0 | -22.41 | 0 | 0.00 | -26.34 |
| 2023 (9) | 3.85 | 44.19 | 0 | 0 | 0 | 0 | 0 | 0 | 0.31 | 3000.0 | -3.22 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.76 | -8.52 | 13.41 | 18.05 | 0 | 0 | 0 | 0 | -19.52 | 0 | -19.52 | 0 | -0.3 | 0 | -19.82 | 0 | 0.00 | -59.07 |
| 2022 (8) | 2.67 | 27.75 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | -96.55 | -4.06 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.11 | -7.64 | 11.36 | 14.98 | 0 | 0 | 0 | 0 | -16.3 | 0 | -16.3 | 0 | -0.18 | 0 | -16.48 | 0 | 0.00 | 0 |
| 2021 (7) | 2.09 | 397.62 | 0 | 0 | 0 | 0 | 0 | 0 | 0.29 | 0 | -4.1 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.45 | 13.23 | 9.88 | 35.34 | 0 | 0 | 0 | 0 | -12.24 | 0 | -12.24 | 0 | -0.15 | 0 | -12.39 | 0 | 0.00 | 0 |
| 2020 (6) | 0.42 | -45.45 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.24 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.93 | -7.09 | 7.3 | 12.48 | 0 | 0 | 0 | 0 | -8.14 | 0 | -8.14 | 0 | -0.01 | 0 | -8.15 | 0 | 0.01 | 28.88 |
| 2019 (5) | 0.77 | -77.29 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | -2.04 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.23 | -7.84 | 6.49 | 0.0 | 0 | 0 | 0 | 0 | -5.9 | 0 | -5.9 | 0 | -0.01 | 0 | -5.91 | 0 | 0.00 | 87.55 |
| 2018 (4) | 3.39 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.74 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.59 | 0 | 6.49 | 0 | 0 | 0 | 0 | 0 | -3.86 | 0 | -3.86 | 0 | 0.06 | 0 | -3.8 | 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 | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24Q4 (20) | 4.26 | -17.28 | 10.65 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.06 | 50.0 | 0 | -0.39 | 15.22 | 9.3 | 0 | -100.0 | 0 | 0.00 | -100.0 | 0 | 0.03 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.42 | -2.29 | -9.04 | 15.1 | 0.0 | 12.6 | 0 | 0 | 0 | 0 | 0 | 0 | -21.53 | -1.84 | -10.3 | -21.53 | -1.84 | -10.3 | -0.88 | -25.71 | -193.33 | -22.41 | -2.61 | -13.07 | 0.00 | 3.55 | -26.34 |
| 24Q3 (19) | 5.15 | 208.38 | 20.89 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 | -20.0 | 300.0 | -0.46 | 52.58 | 68.06 | 0.04 | 0 | 0 | 2.92 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.5 | -2.51 | -9.09 | 15.1 | 12.52 | 12.6 | 0 | 0 | 0 | 0 | 0 | 0 | -21.14 | -2.22 | -10.74 | -21.14 | -2.22 | -10.74 | -0.7 | 11.39 | -89.19 | -21.84 | -1.72 | -12.23 | 0.00 | -36.91 | -26.68 |
| 24Q2 (18) | 1.67 | -45.95 | -86.22 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.05 | -96.09 | -83.87 | -0.97 | -410.53 | -86.54 | 0 | -100.0 | 0 | 0.00 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.59 | -2.45 | -8.65 | 13.42 | 0.07 | 0.07 | 0 | 0 | 0 | 0 | 0 | 0 | -20.68 | -4.92 | -17.17 | -20.68 | -4.92 | -17.17 | -0.79 | -71.74 | -203.85 | -21.47 | -6.45 | -19.88 | 0.00 | 9.29 | 31.32 |
| 24Q1 (17) | 3.09 | -19.74 | -12.22 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.28 | 0 | 0 | -0.19 | 55.81 | 77.38 | 0.64 | 0 | 0 | 40.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.68 | -2.13 | -8.46 | 13.41 | 0.0 | 18.05 | 0 | 0 | 0 | 0 | 0 | 0 | -19.71 | -0.97 | -14.99 | -19.71 | -0.97 | -14.99 | -0.46 | -53.33 | -130.0 | -20.17 | -1.77 | -16.32 | 0.00 | 3.16 | -65.46 |
| 23Q4 (16) | 3.85 | -9.62 | 44.19 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0 | -0.43 | 70.14 | 56.57 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.76 | -2.34 | -8.52 | 13.41 | 0.0 | 18.05 | 0 | 0 | 0 | 0 | 0 | 0 | -19.52 | -2.25 | -19.75 | -19.52 | -2.25 | -19.75 | -0.3 | 18.92 | -66.67 | -19.82 | -1.85 | -20.27 | 0.00 | 3.07 | -59.07 |
| 23Q3 (15) | 4.26 | -64.85 | 22.41 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | -96.77 | 0.0 | -1.44 | -176.92 | -37.14 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.85 | -2.04 | -8.11 | 13.41 | 0.0 | 18.05 | 0 | 0 | 0 | 0 | 0 | 0 | -19.09 | -8.16 | -24.69 | -19.09 | -8.16 | -24.69 | -0.37 | -42.31 | -48.0 | -19.46 | -8.65 | -25.06 | 0.00 | 13.01 | -52.47 |
| 23Q2 (14) | 12.12 | 244.32 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.31 | 0 | 0 | -0.52 | 38.1 | 0 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.93 | -2.24 | 0 | 13.41 | 18.05 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -17.65 | -2.98 | 0 | -17.65 | -2.98 | 0 | -0.26 | -30.0 | 0 | -17.91 | -3.29 | 0 | 0.00 | -71.26 | 0 |
| 23Q1 (13) | 3.52 | 31.84 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.84 | 15.15 | 0 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.02 | -2.19 | 0 | 11.36 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -17.14 | -5.15 | 0 | -17.14 | -5.15 | 0 | -0.2 | -11.11 | 0 | -17.34 | -5.22 | 0 | 0.00 | 22.25 | 0 |
| 22Q4 (12) | 2.67 | -23.28 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0 | -0.99 | 5.71 | 0 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.11 | -1.91 | 0 | 11.36 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -16.3 | -6.47 | 0 | -16.3 | -6.47 | 0 | -0.18 | 28.0 | 0 | -16.48 | -5.91 | 0 | 0.00 | 19.7 | 0 |
| 22Q3 (11) | 3.48 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | 0 | -1.05 | 0 | 0 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.19 | 0 | 0 | 11.36 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -15.31 | 0 | 0 | -15.31 | 0 | 0 | -0.25 | 0 | 0 | -15.56 | 0 | 0 | 0.00 | 0 | 0 |
