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) | 14.32 | 135.14 | 3.0 | 0 | 0 | 0 | 0 | 0 | 26.86 | 27.66 | 4.48 | 32.15 | 6.94 | 174.31 | 25.84 | 114.87 | 5.92 | 25.16 | 0 | 0 | 0 | 0 | 0 | 0 | 7.43 | 12.41 | 0.3 | 0 | 1.24 | 0 | 4.48 | 48.34 | 6.03 | 99.67 | -2.03 | 0 | 2.45 | 37.64 | 0.00 | -23.12 |
| 2022 (9) | 6.09 | 7.6 | 0 | 0 | 0 | 0 | 0 | 0 | 21.04 | 3.59 | 3.39 | 45.49 | 2.53 | -27.71 | 12.02 | -30.22 | 4.73 | 65.96 | 0 | 0 | 0 | 0 | 0 | 0 | 6.61 | -24.72 | 0 | 0 | 0 | 0 | 3.02 | -87.68 | 3.02 | -87.68 | -1.24 | 0 | 1.78 | -92.13 | 0.00 | -11.85 |
| 2021 (8) | 5.66 | 14.81 | 0 | 0 | 0 | 0 | 0 | 0 | 20.31 | 18.08 | 2.33 | -18.53 | 3.5 | 2.94 | 17.23 | -12.82 | 2.85 | 33.18 | 0 | 0 | 0 | 0 | 0 | 0 | 8.78 | 14.47 | 0 | 0 | 0 | 0 | 24.51 | 1.16 | 24.51 | 1.16 | -1.89 | 0 | 22.62 | 0.22 | 0.00 | -99.78 |
| 2020 (7) | 4.93 | -7.16 | 0 | 0 | 0 | 0 | 2.04 | -5.56 | 17.2 | -9.71 | 2.86 | -19.89 | 3.4 | 13.71 | 19.77 | 25.94 | 2.14 | 3.88 | 0 | 0 | 0 | 0 | 0 | 0 | 7.67 | 0.0 | 0 | 0 | 0 | 0 | 24.23 | 13.38 | 24.23 | 13.38 | -1.66 | 0 | 22.57 | 15.21 | 0.13 | 0.84 |
| 2019 (6) | 5.31 | 0 | 0 | 0 | 0 | 0 | 2.16 | 0 | 19.05 | 0 | 3.57 | 0 | 2.99 | 0 | 15.70 | 0 | 2.06 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.67 | 0 | 0 | 0 | 0 | 0 | 21.37 | 0 | 21.37 | 0 | -1.78 | 0 | 19.59 | 0 | 0.13 | 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) | 15.86 | -15.73 | 20.43 | 6.9 | 38.0 | 666.67 | 0 | 0 | 0 | 0 | 0 | 0 | 11.5 | -1.71 | 75.57 | 1.71 | -24.34 | 96.55 | 11.11 | 15.73 | 122.2 | 27.16 | 1.73 | 25.68 | 11.68 | 18.46 | 94.02 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.49 | 0.81 | 0.81 | 0.75 | 0.0 | 150.0 | 2.03 | 0.0 | 63.71 | 6.88 | 33.08 | 117.72 | 9.66 | 21.51 | 105.53 | -0.08 | -117.02 | 65.22 | 6.8 | 20.57 | 132.08 | 0.00 | -2.53 | -9.41 |
| 24Q2 (19) | 18.82 | 12.29 | 29.79 | 5.0 | 11.11 | 1566.67 | 0 | 0 | 0 | 0 | 0 | 0 | 11.7 | 29.86 | 104.19 | 2.26 | 19.58 | 79.37 | 9.6 | 15.11 | 159.46 | 26.70 | -4.0 | 60.61 | 9.86 | 11.41 | 40.26 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.43 | 0.0 | 0.0 | 0.75 | 150.0 | 150.0 | 2.03 | 63.71 | 63.71 | 5.17 | -18.84 | 125.76 | 7.95 | 0.38 | 107.57 | 0.47 | 1275.0 | 121.17 | 5.64 | -10.9 | 7957.14 | 0.00 | -0.97 | -12.13 |
| 24Q1 (18) | 16.76 | 17.04 | 13.32 | 4.5 | 50.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.01 | 3.56 | 53.49 | 1.89 | 42.11 | 85.29 | 8.34 | 20.17 | 143.86 | 27.81 | 7.59 | 76.94 | 8.85 | 49.49 | 45.08 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.43 | 0.0 | 0.0 | 0.3 | 0.0 | 0 | 1.24 | 0.0 | 0 | 6.37 | 42.19 | 57.67 | 7.92 | 31.34 | 96.04 | -0.04 | 98.03 | 95.7 | 6.33 | 158.37 | 103.54 | 0.00 | -6.94 | -8.62 |
| 23Q4 (17) | 14.32 | 8.73 | 135.14 | 3.0 | 233.33 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.7 | 32.82 | 74.35 | 1.33 | 52.87 | 75.0 | 6.94 | 38.8 | 174.31 | 25.85 | 19.62 | 114.85 | 5.92 | -1.66 | 25.16 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.43 | 0.0 | 12.41 | 0.3 | 0.0 | 0 | 1.24 | 0.0 | 0 | 4.48 | 41.77 | 48.34 | 6.03 | 28.3 | 99.67 | -2.03 | -782.61 | -63.71 | 2.45 | -16.38 | 37.64 | 0.00 | 0.86 | -23.12 |
| 23Q3 (16) | 13.17 | -9.17 | 12.18 | 0.9 | 200.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.55 | 14.31 | 15.52 | 0.87 | -30.95 | -3.33 | 5.0 | 35.14 | 68.35 | 21.61 | 30.0 | 59.62 | 6.02 | -14.37 | 70.06 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.43 | 0.0 | 12.41 | 0.3 | 0.0 | 0 | 1.24 | 0.0 | 0 | 3.16 | 37.99 | 39.82 | 4.7 | 22.72 | 107.96 | -0.23 | 89.64 | 67.14 | 2.93 | 4085.71 | 87.82 | 0.00 | -5.46 | -24.21 |
| 23Q2 (15) | 14.5 | -1.96 | 63.84 | 0.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.73 | -2.39 | 9.56 | 1.26 | 23.53 | 17.76 | 3.7 | 8.19 | 25.0 | 16.62 | 5.76 | -8.64 | 7.03 | 15.25 | 128.25 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.43 | 0.0 | 14.31 | 0.3 | 0 | 0 | 1.24 | 0 | 0 | 2.29 | -43.32 | 68.38 | 3.83 | -5.2 | 181.62 | -2.22 | -138.71 | -94.74 | 0.07 | -97.75 | -68.18 | 0.00 | 2.98 | -23.94 |
| 23Q1 (14) | 14.79 | 142.86 | 104.85 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.87 | 17.64 | 14.2 | 1.02 | 34.21 | 54.55 | 3.42 | 35.18 | 0.29 | 15.72 | 30.64 | -49.12 | 6.1 | 28.96 | 115.55 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.43 | 12.41 | 14.31 | 0 | 0 | 0 | 0 | 0 | 0 | 4.04 | 33.77 | 1246.67 | 4.04 | 33.77 | 1246.67 | -0.93 | 25.0 | -63.16 | 3.11 | 74.72 | 1251.85 | 0.00 | -21.7 | -27.11 |
| 22Q4 (13) | 6.09 | -48.13 | 7.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.99 | -11.99 | -15.42 | 0.76 | -15.56 | -10.59 | 2.53 | -14.81 | -27.71 | 12.03 | -11.13 | -79.72 | 4.73 | 33.62 | 65.96 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.61 | 0.0 | -24.72 | 0 | 0 | 0 | 0 | 0 | 0 | 3.02 | 33.63 | -87.68 | 3.02 | 33.63 | -87.68 | -1.24 | -77.14 | 34.39 | 1.78 | 14.1 | -92.13 | 0.00 | -0.57 | -11.85 |
| 22Q3 (12) | 11.74 | 32.66 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.67 | 8.41 | 0 | 0.9 | -15.89 | 0 | 2.97 | 0.34 | 0 | 13.54 | -25.59 | 0 | 3.54 | 14.94 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.61 | 1.69 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.26 | 66.18 | 0 | 2.26 | 66.18 | 0 | -0.7 | 38.6 | 0 | 1.56 | 609.09 | 0 | 0.00 | -5.12 | 0 |
| 22Q2 (11) | 8.85 | 22.58 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.23 | 1.75 | 0 | 1.07 | 62.12 | 0 | 2.96 | -13.2 | 0 | 18.19 | -41.1 | 0 | 3.08 | 8.83 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.5 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.36 | 353.33 | 0 | 1.36 | 353.33 | 0 | -1.14 | -100.0 | 0 | 0.22 | 181.48 | 0 | 0.00 | -1.32 | 0 |
| 22Q1 (10) | 7.22 | 27.56 | 0 | 0.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.14 | -12.88 | 0 | 0.66 | -22.35 | 0 | 3.41 | -2.57 | 0 | 30.89 | -47.93 | 0 | 2.83 | -0.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.5 | -25.97 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.3 | -98.78 | 0 | 0.3 | -98.78 | 0 | -0.57 | 69.84 | 0 | -0.27 | -101.19 | 0 | 0.00 | -5.31 | 0 |
| 21Q4 (9) | 5.66 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.9 | 0 | 0 | 0.85 | 0 | 0 | 3.5 | 0 | 0 | 59.32 | 0 | 0 | 2.85 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.78 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24.51 | 0 | 0 | 24.51 | 0 | 0 | -1.89 | 0 | 0 | 22.62 | 0 | 0 | 0.00 | 0 | 0 |
