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) | 7.75 | 1.31 | 0 | 0 | 0 | 0 | 0 | 0 | 36.02 | -14.32 | 2.08 | -42.7 | 0.3 | 20.0 | 0.83 | 40.06 | 7.59 | -18.47 | 0 | 0 | 0 | 0 | 0.04 | -33.33 | 3.5 | 16.67 | 5.02 | 7.96 | 0 | 0 | 10.59 | -14.53 | 15.61 | -8.39 | 0 | 0 | 10.59 | -14.53 | 0.00 | 0 |
| 2022 (9) | 7.65 | 12.33 | 0 | 0 | 0 | 0 | 0 | 0 | 42.04 | 10.2 | 3.63 | 37.5 | 0.25 | 78.57 | 0.59 | 62.05 | 9.31 | 1.2 | 0 | 0 | 0 | 0 | 0.06 | -25.0 | 3.0 | 0.0 | 4.65 | 5.68 | 0 | 0 | 12.39 | 11.82 | 17.04 | 10.08 | 0 | 0 | 12.39 | 11.82 | 0.00 | 0 |
| 2021 (8) | 6.81 | -16.54 | 0 | 0 | 0 | 0 | 0 | 0 | 38.15 | -1.93 | 2.64 | -1.86 | 0.14 | 133.33 | 0.37 | 137.92 | 9.2 | 19.64 | 0 | 0 | 0 | 0 | 0.08 | -11.11 | 3.0 | 0.0 | 4.4 | 6.28 | 0 | 0 | 11.08 | 7.47 | 15.48 | 7.2 | 0 | 0 | 11.08 | 7.47 | 0.00 | 0 |
| 2020 (7) | 8.16 | 44.68 | 0 | 0 | 0 | 0 | 0 | 0 | 38.9 | 9.73 | 2.69 | 9.35 | 0.06 | -14.29 | 0.15 | -21.89 | 7.69 | 2.26 | 0 | 0 | 0 | 0 | 0.09 | -30.77 | 3.0 | 12.36 | 4.14 | 6.43 | 0 | 0 | 10.31 | 10.98 | 14.44 | 9.56 | 0 | 0 | 10.31 | 10.98 | 0.00 | 0 |
| 2019 (6) | 5.64 | 20.0 | 0 | 0 | 0 | 0 | 0 | 0 | 35.45 | -5.62 | 2.46 | -31.09 | 0.07 | -61.11 | 0.20 | -58.8 | 7.52 | 3.58 | 0 | 0 | 0 | 0 | 0.13 | 116.67 | 2.67 | 0.0 | 3.89 | 10.2 | 0 | 0 | 9.29 | 8.78 | 13.18 | 9.2 | 0 | 0 | 9.29 | 8.78 | 0.00 | 0 |
| 2018 (5) | 4.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37.56 | 0 | 3.57 | 0 | 0.18 | 0 | 0.48 | 0 | 7.26 | 0 | 0 | 0 | 0 | 0 | 0.06 | 0 | 2.67 | 0 | 3.53 | 0 | 0 | 0 | 8.54 | 0 | 12.07 | 0 | 0 | 0 | 8.54 | 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) | 9.55 | -19.75 | 8.65 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.46 | -1.05 | -4.19 | 0.26 | -3.7 | -29.73 | 0.28 | -3.45 | 0.0 | 0.82 | -2.4 | 9.69 | 8.21 | -0.24 | 3.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 | 0.0 | 0.0 | 3.74 | -1.58 | 6.86 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 13.97 | -3.25 | -8.09 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0.00 | 0 | 0 |
| 24Q2 (19) | 11.9 | -7.32 | -24.68 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.55 | 1.42 | -6.56 | 0.27 | 0.0 | -52.63 | 0.29 | 11.54 | 141.67 | 0.84 | 13.48 | 169.34 | 8.23 | 2.11 | 1.11 | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 | 0.0 | -20.0 | 3.8 | 0.0 | 8.57 | 5.22 | 3.98 | 3.98 | 0 | 0 | 0 | 9.21 | 0.66 | -6.12 | 14.44 | 1.98 | -2.63 | 0 | 0 | 0 | 9.21 | 0.66 | -6.12 | 0.00 | 0 | 0 |
| 24Q1 (18) | 12.84 | 65.68 | 88.55 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.43 | -1.98 | -10.7 | 0.27 | -35.71 | -62.5 | 0.26 | -13.33 | 100.0 | 0.74 | -10.83 | 138.67 | 8.06 | 6.19 | -12.39 | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 | 0.0 | -20.0 | 3.8 | 8.57 | 26.67 | 5.02 | 0.0 | 7.96 | 0 | 0 | 0 | 9.15 | -13.6 | -4.79 | 14.16 | -9.29 | -0.7 | 0 | 0 | 0 | 9.15 | -13.6 | -4.79 | 0.00 | 0 | 0 |
| 23Q4 (17) | 7.75 | -11.83 | 1.31 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.6 | -2.6 | -13.31 | 0.42 | 13.51 | -44.74 | 0.3 | 7.14 | 20.0 | 0.83 | 11.07 | 40.06 | 7.59 | -4.41 | -18.47 | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 | 0.0 | -33.33 | 3.5 | 0.0 | 16.67 | 5.02 | 0.0 | 7.96 | 0 | 0 | 0 | 10.59 | 4.03 | -14.53 | 15.61 | 2.7 | -8.39 | 0 | 0 | 0 | 10.59 | 4.03 | -14.53 | 0.00 | 0 | 0 |
| 23Q3 (16) | 8.79 | -44.37 | 19.75 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.83 | -3.5 | -10.26 | 0.37 | -35.09 | -51.95 | 0.28 | 133.33 | 86.67 | 0.75 | 139.64 | 60.57 | 7.94 | -2.46 | -12.36 | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 | -20.0 | -42.86 | 3.5 | 0.0 | 16.67 | 5.02 | 0.0 | 7.96 | 0 | 0 | 0 | 10.18 | 3.77 | -12.24 | 15.2 | 2.49 | -6.46 | 0 | 0 | 0 | 10.18 | 3.77 | -12.24 | 0.00 | 0 | 0 |
| 23Q2 (15) | 15.8 | 132.01 | 63.22 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.15 | -3.07 | -27.27 | 0.57 | -20.83 | -58.99 | 0.12 | -7.69 | -45.45 | 0.31 | 0.56 | -68.31 | 8.14 | -11.52 | -12.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.05 | 0.0 | -37.5 | 3.5 | 16.67 | 16.67 | 5.02 | 7.96 | 7.96 | 0 | 0 | 0 | 9.81 | 2.08 | -9.42 | 14.83 | 4.0 | -4.2 | 0 | 0 | 0 | 9.81 | 2.08 | -9.42 | 0.00 | 0 | 0 |
| 23Q1 (14) | 6.81 | -10.98 | 7.41 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.44 | -4.84 | -2.68 | 0.72 | -5.26 | 1.41 | 0.13 | -48.0 | -18.75 | 0.31 | -47.68 | -81.14 | 9.2 | -1.18 | -0.11 | 0 | 0 | 0 | 0 | 0 | 0 | 0.05 | -16.67 | -28.57 | 3.0 | 0.0 | 0.0 | 4.65 | 0.0 | 5.68 | 0 | 0 | 0 | 9.61 | -22.44 | -0.83 | 14.26 | -16.31 | 1.21 | 0 | 0 | 0 | 9.61 | -22.44 | -0.83 | 0.00 | 0 | 0 |
| 22Q4 (13) | 7.65 | 4.22 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.92 | 0.81 | 0 | 0.76 | -1.3 | 0 | 0.25 | 66.67 | 0 | 0.59 | 27.34 | 0 | 9.31 | 2.76 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.06 | -14.29 | 0 | 3.0 | 0.0 | 0 | 4.65 | 0.0 | 0 | 0 | 0 | 0 | 12.39 | 6.81 | 0 | 17.04 | 4.86 | 0 | 0 | 0 | 0 | 12.39 | 6.81 | 0 | 0.00 | 0 | 0 |
| 22Q3 (12) | 7.34 | -24.17 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.84 | -21.78 | 0 | 0.77 | -44.6 | 0 | 0.15 | -31.82 | 0 | 0.47 | -52.71 | 0 | 9.06 | -2.05 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.07 | -12.5 | 0 | 3.0 | 0.0 | 0 | 4.65 | 0.0 | 0 | 0 | 0 | 0 | 11.6 | 7.11 | 0 | 16.25 | 4.97 | 0 | 0 | 0 | 0 | 11.6 | 7.11 | 0 | 0.00 | 0 | 0 |
| 22Q2 (11) | 9.68 | 52.68 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12.58 | 29.69 | 0 | 1.39 | 95.77 | 0 | 0.22 | 37.5 | 0 | 0.99 | -40.14 | 0 | 9.25 | 0.43 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.08 | 14.29 | 0 | 3.0 | 0.0 | 0 | 4.65 | 5.68 | 0 | 0 | 0 | 0 | 10.83 | 11.76 | 0 | 15.48 | 9.87 | 0 | 0 | 0 | 0 | 10.83 | 11.76 | 0 | 0.00 | 0 | 0 |
| 22Q1 (10) | 6.34 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.7 | 0 | 0 | 0.71 | 0 | 0 | 0.16 | 0 | 0 | 1.65 | 0 | 0 | 9.21 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.07 | 0 | 0 | 3.0 | 0 | 0 | 4.4 | 0 | 0 | 0 | 0 | 0 | 9.69 | 0 | 0 | 14.09 | 0 | 0 | 0 | 0 | 0 | 9.69 | 0 | 0 | 0.00 | 0 | 0 |
