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) | 1.96 | 15.98 | 0 | 0 | 0.11 | 22.22 | 0 | 0 | 9.52 | 3.14 | 1.35 | 1.5 | 3.49 | 12.58 | 36.66 | 9.15 | 2.27 | -12.02 | 0.7 | 32.08 | 0.99 | 182.86 | 0.02 | 0.0 | 3.33 | 0.0 | 0.37 | 60.87 | 0.01 | -85.71 | 1.94 | 29.33 | 2.32 | 28.89 | -0.02 | 0 | 1.92 | 28.86 | 0.00 | 0 |
| 2022 (9) | 1.69 | 11.92 | 0.2 | -78.26 | 0.09 | 0.0 | 0 | 0 | 9.23 | 17.88 | 1.33 | 84.72 | 3.1 | 52.71 | 33.59 | 29.55 | 2.58 | 16.74 | 0.53 | 10.42 | 0.35 | -20.45 | 0.02 | 0.0 | 3.33 | 12.5 | 0.23 | 43.75 | 0.07 | 0 | 1.5 | 68.54 | 1.8 | 71.43 | -0.01 | 0 | 1.49 | 81.71 | 0.00 | 0 |
| 2021 (8) | 1.51 | 174.55 | 0.92 | 58.62 | 0.09 | 12.5 | 0 | 0 | 7.83 | 21.58 | 0.72 | 16.13 | 2.03 | 6.28 | 25.93 | -12.58 | 2.21 | 45.39 | 0.48 | 4.35 | 0.44 | 4.76 | 0.02 | -33.33 | 2.96 | 3.5 | 0.16 | 60.0 | 0 | 0 | 0.89 | 9.88 | 1.05 | 15.38 | -0.07 | 0 | 0.82 | 3.8 | 0.00 | 0 |
| 2020 (7) | 0.55 | -40.86 | 0.58 | -60.0 | 0.08 | 0.0 | 0 | 0 | 6.44 | 3.04 | 0.62 | 31.91 | 1.91 | 9.77 | 29.66 | 6.53 | 1.52 | -6.75 | 0.46 | 12.2 | 0.42 | -16.0 | 0.03 | 50.0 | 2.86 | 5.15 | 0.1 | 100.0 | 0 | 0 | 0.81 | 22.73 | 0.91 | 28.17 | -0.02 | 0 | 0.79 | 31.67 | 0.00 | 0 |
| 2019 (6) | 0.93 | 72.22 | 1.45 | 36.79 | 0.08 | 0.0 | 0 | 0 | 6.25 | 20.42 | 0.47 | -2.08 | 1.74 | -0.57 | 27.84 | -17.43 | 1.63 | 19.85 | 0.41 | 0.0 | 0.5 | -13.79 | 0.02 | 0.0 | 2.72 | 0.0 | 0.05 | 0 | 0 | 0 | 0.66 | 29.41 | 0.71 | 36.54 | -0.06 | 0 | 0.6 | 22.45 | 0.00 | 0 |
| 2018 (5) | 0.54 | 0 | 1.06 | 0 | 0.08 | 0 | 0 | 0 | 5.19 | 0 | 0.48 | 0 | 1.75 | 0 | 33.72 | 0 | 1.36 | 0 | 0.41 | 0 | 0.58 | 0 | 0.02 | 0 | 2.72 | 0 | 0 | 0 | 0 | 0 | 0.51 | 0 | 0.52 | 0 | -0.02 | 0 | 0.49 | 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) | 2.0 | 0.5 | -9.5 | 0.8 | 0 | -27.27 | 0.07 | -36.36 | -30.0 | 0 | 0 | 0 | 1.93 | -3.5 | -10.23 | 0.21 | 16.67 | -27.59 | 3.04 | -11.37 | -6.46 | 37.48 | -8.97 | 10.49 | 1.95 | -10.14 | -30.36 | 0.72 | 4.35 | 18.03 | 0.29 | -51.67 | -54.69 | 0.01 | 0.0 | -50.0 | 3.33 | 0.0 | 0.0 | 0.5 | 0.0 | 35.14 | 0.02 | 0.0 | 100.0 | 1.49 | 16.41 | -10.24 | 2.0 | 11.11 | -1.96 | 0.11 | 175.0 | 1000.0 | 1.6 | 21.21 | -4.19 | 0.00 | 0 | 0 |
| 24Q2 (19) | 1.99 | -2.93 | -26.57 | 0 | 0 | -100.0 | 0.11 | 57.14 | 22.22 | 0 | 0 | 0 | 2.0 | 18.34 | -22.18 | 0.18 | 38.46 | -53.85 | 3.43 | 5.21 | 3.31 | 41.18 | 12.41 | 26.38 | 2.17 | 2.36 | -21.94 | 0.69 | -4.17 | 32.69 | 0.6 | -6.25 | 93.55 | 0.01 | -50.0 | -50.0 | 3.33 | 0.0 | 0.0 | 0.5 | 35.14 | 35.14 | 0.02 | 100.0 | 100.0 | 1.28 | -38.16 | -6.57 | 1.8 | -26.53 | 3.45 | 0.04 | 100.0 | 157.14 | 1.32 | -36.84 | 1.54 | 0.00 | 0 | 0 |
| 24Q1 (18) | 2.05 | 4.59 | -14.23 | 0 | 0 | -100.0 | 0.07 | -36.36 | -22.22 | 0 | 0 | 0 | 1.69 | -32.13 | -27.16 | 0.13 | -55.17 | -65.79 | 3.26 | -6.59 | 8.31 | 36.63 | 0.02 | 16.22 | 2.12 | -6.61 | -29.1 | 0.72 | 2.86 | 35.85 | 0.64 | -35.35 | 93.94 | 0.02 | 0.0 | 0.0 | 3.33 | 0.0 | 0.0 | 0.37 | 0.0 | 60.87 | 0.01 | 0.0 | -85.71 | 2.07 | 6.7 | 10.11 | 2.45 | 5.6 | 12.39 | 0.02 | 200.0 | 0 | 2.09 | 8.85 | 11.17 | 0.00 | 0 | 0 |
| 23Q4 (17) | 1.96 | -11.31 | 15.98 | 0 | -100.0 | -100.0 | 0.11 | 10.0 | 22.22 | 0 | 0 | 0 | 2.49 | 15.81 | -1.97 | 0.29 | 0.0 | -19.44 | 3.49 | 7.38 | 12.58 | 36.62 | 7.95 | 8.92 | 2.27 | -18.93 | -12.02 | 0.7 | 14.75 | 32.08 | 0.99 | 54.69 | 182.86 | 0.02 | 0.0 | 0.0 | 3.33 | 0.0 | 0.0 | 0.37 | 0.0 | 60.87 | 0.01 | 0.0 | -85.71 | 1.94 | 16.87 | 29.33 | 2.32 | 13.73 | 28.89 | -0.02 | -300.0 | -100.0 | 1.92 | 14.97 | 28.86 | 0.00 | 0 | 0 |
| 23Q3 (16) | 2.21 | -18.45 | 26.29 | 1.1 | -22.54 | -25.68 | 0.1 | 11.11 | 11.11 | 0 | 0 | 0 | 2.15 | -16.34 | -22.1 | 0.29 | -25.64 | -47.27 | 3.25 | -2.11 | 17.33 | 33.92 | 4.12 | 4.22 | 2.8 | 0.72 | 1.08 | 0.61 | 17.31 | 17.31 | 0.64 | 106.45 | 72.97 | 0.02 | 0.0 | 0.0 | 3.33 | 0.0 | 12.5 | 0.37 | 0.0 | 60.87 | 0.01 | 0.0 | -85.71 | 1.66 | 21.17 | 46.9 | 2.04 | 17.24 | 42.66 | 0.01 | 114.29 | 0.0 | 1.67 | 28.46 | 46.49 | 0.00 | 0 | 0 |
| 23Q2 (15) | 2.71 | 13.39 | 67.28 | 1.42 | 215.56 | 61.36 | 0.09 | 0.0 | -47.06 | 0 | 0 | 0 | 2.57 | 10.78 | 33.16 | 0.39 | 2.63 | 39.29 | 3.32 | 10.3 | 49.55 | 32.58 | 3.37 | 7.28 | 2.78 | -7.02 | -1.77 | 0.52 | -1.89 | 6.12 | 0.31 | -6.06 | -31.11 | 0.02 | 0.0 | 0.0 | 3.33 | 0.0 | 12.5 | 0.37 | 60.87 | 60.87 | 0.01 | -85.71 | -85.71 | 1.37 | -27.13 | 136.21 | 1.74 | -20.18 | 97.73 | -0.07 | 0 | -250.0 | 1.3 | -30.85 | 132.14 | 0.00 | 0 | 0 |
| 23Q1 (14) | 2.39 | 41.42 | 32.78 | 0.45 | 125.0 | -44.44 | 0.09 | 0.0 | -43.75 | 0 | 0 | 0 | 2.32 | -8.66 | 16.58 | 0.38 | 5.56 | 171.43 | 3.01 | -2.9 | 52.02 | 31.52 | -6.26 | 29.42 | 2.99 | 15.89 | 27.78 | 0.53 | 0.0 | 10.42 | 0.33 | -5.71 | -32.65 | 0.02 | 0.0 | 0.0 | 3.33 | 0.0 | 12.5 | 0.23 | 0.0 | 43.75 | 0.07 | 0.0 | 0 | 1.88 | 25.33 | 82.52 | 2.18 | 21.11 | 83.19 | 0 | 100.0 | 0 | 1.88 | 26.17 | 82.52 | 0.00 | 0 | 0 |
| 22Q4 (13) | 1.69 | -3.43 | 11.92 | 0.2 | -86.49 | -78.26 | 0.09 | 0.0 | 0.0 | 0 | 0 | 0 | 2.54 | -7.97 | 38.8 | 0.36 | -34.55 | 71.43 | 3.1 | 11.91 | 52.71 | 33.62 | 3.3 | 29.36 | 2.58 | -6.86 | 16.74 | 0.53 | 1.92 | 10.42 | 0.35 | -5.41 | -20.45 | 0.02 | 0.0 | 0.0 | 3.33 | 12.5 | 12.5 | 0.23 | 0.0 | 43.75 | 0.07 | 0.0 | 0 | 1.5 | 32.74 | 68.54 | 1.8 | 25.87 | 71.43 | -0.01 | -200.0 | 85.71 | 1.49 | 30.7 | 81.71 | 0.00 | 0 | 0 |
| 22Q3 (12) | 1.75 | 8.02 | 1.74 | 1.48 | 68.18 | 23.33 | 0.09 | -47.06 | 12.5 | 0 | 0 | 0 | 2.76 | 43.01 | 76.92 | 0.55 | 96.43 | 685.71 | 2.77 | 24.77 | 73.12 | 32.55 | 7.18 | 93.88 | 2.77 | -2.12 | 35.12 | 0.52 | 6.12 | 10.64 | 0.37 | -17.78 | 5.71 | 0.02 | 0.0 | 0.0 | 2.96 | 0.0 | 0.0 | 0.23 | 0.0 | 43.75 | 0.07 | 0.0 | 0 | 1.13 | 94.83 | 66.18 | 1.43 | 62.5 | 70.24 | 0.01 | 150.0 | 125.0 | 1.14 | 103.57 | 78.12 | 0.00 | 0 | 0 |
| 22Q2 (11) | 1.62 | -10.0 | -2.99 | 0.88 | 8.64 | -48.24 | 0.17 | 6.25 | 112.5 | 0 | 0 | 0 | 1.93 | -3.02 | -29.82 | 0.28 | 100.0 | -22.22 | 2.22 | 12.12 | 20.0 | 30.37 | 24.7 | 30.83 | 2.83 | 20.94 | 40.1 | 0.49 | 2.08 | 2.08 | 0.45 | -8.16 | 18.42 | 0.02 | 0.0 | 0.0 | 2.96 | 0.0 | 0.0 | 0.23 | 43.75 | 43.75 | 0.07 | 0 | 0 | 0.58 | -43.69 | -3.33 | 0.88 | -26.05 | 15.79 | -0.02 | 0 | 50.0 | 0.56 | -45.63 | 0.0 | 0.00 | 0 | 0 |
| 22Q1 (10) | 1.8 | 19.21 | 200.0 | 0.81 | -11.96 | 58.82 | 0.16 | 77.78 | 100.0 | 0 | 0 | 0 | 1.99 | 8.74 | 19.16 | 0.14 | -33.33 | 100.0 | 1.98 | -2.46 | 30.26 | 24.35 | -6.3 | -16.36 | 2.34 | 5.88 | 17.0 | 0.48 | 0.0 | 0.0 | 0.49 | 11.36 | 22.5 | 0.02 | 0.0 | -33.33 | 2.96 | 0.0 | 3.5 | 0.16 | 0.0 | 60.0 | 0 | 0 | 0 | 1.03 | 15.73 | 17.05 | 1.19 | 13.33 | 21.43 | 0 | 100.0 | 100.0 | 1.03 | 25.61 | 21.18 | 0.00 | 0 | 0 |
| 21Q4 (9) | 1.51 | -12.21 | 174.55 | 0.92 | -23.33 | 58.62 | 0.09 | 12.5 | 12.5 | 0 | 0 | 0 | 1.83 | 17.31 | -48.45 | 0.21 | 200.0 | -43.24 | 2.03 | 26.88 | 6.28 | 25.99 | 54.82 | -51.69 | 2.21 | 7.8 | 45.39 | 0.48 | 2.13 | 4.35 | 0.44 | 25.71 | 4.76 | 0.02 | 0.0 | -33.33 | 2.96 | 0.0 | 3.5 | 0.16 | 0.0 | 60.0 | 0 | 0 | 0 | 0.89 | 30.88 | 9.88 | 1.05 | 25.0 | 15.38 | -0.07 | -75.0 | -250.0 | 0.82 | 28.12 | 3.8 | 0.00 | 0 | 0 |
| 21Q3 (8) | 1.72 | 2.99 | 0 | 1.2 | -29.41 | 0 | 0.08 | 0.0 | 0 | 0 | 0 | 0 | 1.56 | -43.27 | 0 | 0.07 | -80.56 | 0 | 1.6 | -13.51 | 0 | 16.79 | -27.67 | 0 | 2.05 | 1.49 | 0 | 0.47 | -2.08 | 0 | 0.35 | -7.89 | 0 | 0.02 | 0.0 | 0 | 2.96 | 0.0 | 0 | 0.16 | 0.0 | 0 | 0 | 0 | 0 | 0.68 | 13.33 | 0 | 0.84 | 10.53 | 0 | -0.04 | 0.0 | 0 | 0.64 | 14.29 | 0 | 0.00 | 0 | 0 |
| 21Q2 (7) | 1.67 | 178.33 | 0 | 1.7 | 233.33 | 0 | 0.08 | 0.0 | 0 | 0 | 0 | 0 | 2.75 | 64.67 | 0 | 0.36 | 414.29 | 0 | 1.85 | 21.71 | 0 | 23.21 | -20.28 | 0 | 2.02 | 1.0 | 0 | 0.48 | 0.0 | 0 | 0.38 | -5.0 | 0 | 0.02 | -33.33 | 0 | 2.96 | 3.5 | 0 | 0.16 | 60.0 | 0 | 0 | 0 | 0 | 0.6 | -31.82 | 0 | 0.76 | -22.45 | 0 | -0.04 | -33.33 | 0 | 0.56 | -34.12 | 0 | 0.00 | 0 | 0 |
| 21Q1 (6) | 0.6 | 9.09 | 0 | 0.51 | -12.07 | 0 | 0.08 | 0.0 | 0 | 0 | 0 | 0 | 1.67 | -52.96 | 0 | 0.07 | -81.08 | 0 | 1.52 | -20.42 | 0 | 29.12 | -45.88 | 0 | 2.0 | 31.58 | 0 | 0.48 | 4.35 | 0 | 0.4 | -4.76 | 0 | 0.03 | 0.0 | 0 | 2.86 | 0.0 | 0 | 0.1 | 0.0 | 0 | 0 | 0 | 0 | 0.88 | 8.64 | 0 | 0.98 | 7.69 | 0 | -0.03 | -50.0 | 0 | 0.85 | 7.59 | 0 | 0.00 | 0 | 0 |
| 20Q4 (5) | 0.55 | 0 | 0 | 0.58 | 0 | 0 | 0.08 | 0 | 0 | 0 | 0 | 0 | 3.55 | 0 | 0 | 0.37 | 0 | 0 | 1.91 | 0 | 0 | 53.80 | 0 | 0 | 1.52 | 0 | 0 | 0.46 | 0 | 0 | 0.42 | 0 | 0 | 0.03 | 0 | 0 | 2.86 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0.81 | 0 | 0 | 0.91 | 0 | 0 | -0.02 | 0 | 0 | 0.79 | 0 | 0 | 0.00 | 0 | 0 |
