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) | 10.99 | -25.64 | 4.73 | -69.23 | 2.75 | 1.85 | 0 | 0 | 67.84 | 7.67 | 10.14 | 123.35 | 3.07 | 69.61 | 4.53 | 57.54 | 0.74 | -52.87 | 4.41 | 2840.0 | 15.95 | 150.79 | 0.78 | 129.41 | 11.62 | 3.11 | 0.97 | 90.2 | 0 | 0 | 15.68 | 86.44 | 16.65 | 86.66 | 0 | 0 | 15.68 | 86.44 | 0.06 | -9.75 |
| 2022 (9) | 14.78 | 111.14 | 15.37 | 389.49 | 2.7 | 246.15 | 0 | 0 | 63.01 | 192.39 | 4.54 | 100.88 | 1.81 | -71.41 | 2.87 | -90.22 | 1.57 | 0 | 0.15 | -91.98 | 6.36 | -5.78 | 0.34 | 21.43 | 11.27 | 0.0 | 0.51 | 64.52 | 0 | 0 | 8.41 | 95.58 | 8.92 | 93.49 | 0 | 0 | 8.41 | 95.58 | 0.07 | -4.23 |
| 2021 (8) | 7.0 | 161.19 | 3.14 | 1107.69 | 0.78 | 47.17 | 0 | 0 | 21.55 | 921.33 | 2.26 | 22.16 | 6.33 | 2914.29 | 29.37 | 195.13 | 0 | 0 | 1.87 | 0 | 6.75 | 7.83 | 0.28 | 460.0 | 11.27 | 54.81 | 0.31 | 158.33 | 0 | 0 | 4.3 | 75.51 | 4.61 | 79.38 | 0 | 0 | 4.3 | 75.51 | 0.07 | 171.42 |
| 2020 (7) | 2.68 | -10.96 | 0.26 | 0 | 0.53 | -13.11 | 0 | 0 | 2.11 | 19.89 | 1.85 | 670.83 | 0.21 | 75.0 | 9.95 | 45.97 | 0.24 | 0 | 0 | 0 | 6.26 | 29.61 | 0.05 | 66.67 | 7.28 | 0.0 | 0.12 | 20.0 | 0 | 0 | 2.45 | 288.89 | 2.57 | 252.05 | 0 | 0 | 2.45 | 288.89 | 0.03 | 0 |
| 2019 (6) | 3.01 | 22.86 | 0 | 0 | 0.61 | 96.77 | 0 | 0 | 1.76 | 5.39 | 0.24 | -75.0 | 0.12 | -70.73 | 6.82 | -72.23 | 0 | 0 | 0 | 0 | 4.83 | 15.83 | 0.03 | 0 | 7.28 | 0.0 | 0.1 | 0 | 0 | 0 | 0.63 | -36.36 | 0.73 | -27.0 | 0 | 0 | 0.63 | -36.36 | 0.00 | 0 |
| 2018 (5) | 2.45 | 0 | 0 | 0 | 0.31 | 0 | 0 | 0 | 1.67 | 0 | 0.96 | 0 | 0.41 | 0 | 24.55 | 0 | 0.11 | 0 | 0 | 0 | 4.17 | 0 | 0 | 0 | 7.28 | 0 | 0 | 0 | 0 | 0 | 0.99 | 0 | 1.0 | 0 | 0 | 0 | 0.99 | 0 | 0.01 | 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) | 27.49 | 41.34 | 41.41 | 26.26 | 189.53 | 152.02 | 1.34 | -4.96 | -53.95 | 0 | 0 | 0 | 6.19 | -38.89 | -76.16 | 0.07 | -94.78 | -98.53 | 4.7 | -3.29 | 51.13 | 12.17 | 46.25 | 203.46 | 0.65 | -4.41 | 91.18 | 4.73 | 0.0 | 26.13 | 10.25 | -28.42 | 43.76 | 2.91 | 209.57 | 755.88 | 13.72 | 3.63 | 18.07 | 1.97 | 0.0 | 103.09 | 0 | 0 | 0 | 8.97 | 0.79 | -37.62 | 10.94 | 0.64 | -28.73 | 0 | 0 | 0 | 8.97 | 0.79 | -37.62 | 0.06 | 1.26 | -18.3 |
| 24Q2 (19) | 19.45 | 34.23 | 62.76 | 9.07 | 29.94 | -26.97 | 1.41 | -9.62 | -53.62 | 0 | 0 | 0 | 10.13 | 1.1 | -49.85 | 1.34 | 6800.0 | -58.9 | 4.86 | 18.54 | -49.48 | 8.32 | 38.98 | -36.87 | 0.68 | -6.85 | 33.33 | 4.73 | -14.16 | 31.75 | 14.32 | -15.12 | 118.29 | 0.94 | 20.51 | 184.85 | 13.24 | 12.59 | 13.94 | 1.97 | 103.09 | 103.09 | 0 | 0 | 0 | 8.9 | -43.17 | -7.48 | 10.87 | -34.6 | 2.64 | 0 | 0 | 0 | 8.9 | -43.17 | -7.48 | 0.06 | -1.83 | 9.22 |
| 24Q1 (18) | 14.49 | 31.85 | -2.09 | 6.98 | 47.57 | -43.21 | 1.56 | -43.27 | -64.06 | 0 | 0 | 0 | 10.02 | -18.34 | 6.71 | -0.02 | -101.54 | -102.44 | 4.1 | 33.55 | -20.7 | 5.99 | 32.32 | -24.67 | 0.73 | -1.35 | -45.52 | 5.51 | 24.94 | 2295.65 | 16.87 | 5.77 | 212.41 | 0.78 | 0.0 | 129.41 | 11.76 | 1.2 | 1.2 | 0.97 | 0.0 | 90.2 | 0 | 0 | 0 | 15.66 | -0.13 | 71.33 | 16.62 | -0.18 | 72.23 | 0 | 0 | 0 | 15.66 | -0.13 | 71.33 | 0.06 | -6.29 | 1.45 |
| 23Q4 (17) | 10.99 | -43.47 | -25.64 | 4.73 | -54.61 | -69.23 | 2.75 | -5.5 | 1.85 | 0 | 0 | 0 | 12.27 | -52.75 | -44.15 | 1.3 | -72.69 | -32.29 | 3.07 | -1.29 | 69.61 | 4.53 | 12.83 | 57.56 | 0.74 | 117.65 | -52.87 | 4.41 | 17.6 | 2840.0 | 15.95 | 123.7 | 150.79 | 0.78 | 129.41 | 129.41 | 11.62 | 0.0 | 3.11 | 0.97 | 0.0 | 90.2 | 0 | 0 | 0 | 15.68 | 9.04 | 86.44 | 16.65 | 8.47 | 86.66 | 0 | 0 | 0 | 15.68 | 9.04 | 86.44 | 0.06 | -12.3 | -9.75 |
| 23Q3 (16) | 19.44 | 62.68 | 59.21 | 10.42 | -16.1 | 18.27 | 2.91 | -4.28 | 103.5 | 0 | 0 | -100.0 | 25.97 | 28.56 | 21.3 | 4.76 | 46.01 | 83.78 | 3.11 | -67.67 | 217.35 | 4.01 | -69.57 | 141.83 | 0.34 | -33.33 | -69.64 | 3.75 | 4.46 | 546.55 | 7.13 | 8.69 | 5.32 | 0.34 | 3.03 | 0.0 | 11.62 | 0.0 | 3.11 | 0.97 | 0.0 | 90.2 | 0 | 0 | 0 | 14.38 | 49.48 | 121.57 | 15.35 | 44.95 | 119.29 | 0 | 0 | 0 | 14.38 | 49.48 | 121.57 | 0.07 | 35.38 | 3.86 |
| 23Q2 (15) | 11.95 | -19.26 | 16.13 | 12.42 | 1.06 | 42.59 | 3.04 | -29.95 | 117.14 | 0 | 0 | 0 | 20.2 | 115.12 | 64.76 | 3.26 | 297.56 | 793.62 | 9.62 | 86.07 | 1503.33 | 13.18 | 65.83 | 759.12 | 0.51 | -61.94 | 920.0 | 3.59 | 1460.87 | 144.22 | 6.56 | 21.48 | 11.95 | 0.33 | -2.94 | -5.71 | 11.62 | 0.0 | 3.11 | 0.97 | 90.2 | 90.2 | 0 | 0 | 0 | 9.62 | 5.25 | 146.67 | 10.59 | 9.74 | 140.14 | 0 | 0 | 0 | 9.62 | 5.25 | 146.67 | 0.05 | -8.81 | -31.69 |
| 23Q1 (14) | 14.8 | 0.14 | 15.53 | 12.29 | -20.04 | 72.86 | 4.34 | 60.74 | 456.41 | 0 | 0 | 0 | 9.39 | -57.26 | 27.41 | 0.82 | -57.29 | 64.0 | 5.17 | 185.64 | 628.17 | 7.95 | 176.76 | 223.83 | 1.34 | -14.65 | 0 | 0.23 | 53.33 | -92.46 | 5.4 | -15.09 | -18.06 | 0.34 | 0.0 | 21.43 | 11.62 | 3.11 | 3.11 | 0.51 | 0.0 | 64.52 | 0 | 0 | 0 | 9.14 | 8.68 | 90.42 | 9.65 | 8.18 | 89.22 | 0 | 0 | 0 | 9.14 | 8.68 | 90.42 | 0.06 | -16.64 | -0.75 |
| 22Q4 (13) | 14.78 | 21.05 | 111.14 | 15.37 | 74.46 | 389.49 | 2.7 | 88.81 | 246.15 | 0 | -100.0 | 0 | 21.97 | 2.62 | 21.78 | 1.92 | -25.87 | -23.51 | 1.81 | 84.69 | -71.41 | 2.87 | 73.17 | -90.22 | 1.57 | 40.18 | 0 | 0.15 | -74.14 | -91.98 | 6.36 | -6.06 | -5.78 | 0.34 | 0.0 | 21.43 | 11.27 | 0.0 | 0.0 | 0.51 | 0.0 | 64.52 | 0 | 0 | 0 | 8.41 | 29.58 | 95.58 | 8.92 | 27.43 | 93.49 | 0 | 0 | 0 | 8.41 | 29.58 | 95.58 | 0.07 | 0.94 | -4.23 |
| 22Q3 (12) | 12.21 | 18.66 | 55.15 | 8.81 | 1.15 | 234.98 | 1.43 | 2.14 | -21.43 | 0.05 | 0 | -95.24 | 21.41 | 74.63 | 1397.2 | 2.59 | 651.06 | 325.22 | 0.98 | 63.33 | 145.0 | 1.66 | 8.1 | -81.71 | 1.12 | 2140.0 | 5500.0 | 0.58 | -60.54 | -76.42 | 6.77 | 15.53 | 16.93 | 0.34 | -2.86 | 21.43 | 11.27 | 0.0 | 0.0 | 0.51 | 0.0 | 64.52 | 0 | 0 | 0 | 6.49 | 66.41 | 221.29 | 7.0 | 58.73 | 200.43 | 0 | 0 | 0 | 6.49 | 66.41 | 221.29 | 0.07 | -10.96 | 41.29 |
| 22Q2 (11) | 10.29 | -19.67 | 56.38 | 8.71 | 22.5 | 383.89 | 1.4 | 79.49 | -23.91 | 0 | 0 | -100.0 | 12.26 | 66.35 | 489.42 | -0.47 | -194.0 | -152.22 | 0.6 | -15.49 | 9.09 | 1.53 | -37.5 | -91.69 | 0.05 | 0 | 150.0 | 1.47 | -51.8 | 7250.0 | 5.86 | -11.08 | -0.17 | 0.35 | 25.0 | 337.5 | 11.27 | 0.0 | 4.64 | 0.51 | 64.52 | 325.0 | 0 | 0 | 0 | 3.9 | -18.75 | 16.42 | 4.41 | -13.53 | 27.09 | 0 | 0 | 0 | 3.9 | -18.75 | 16.42 | 0.08 | 32.48 | 48.51 |
| 22Q1 (10) | 12.81 | 83.0 | 0 | 7.11 | 126.43 | 0 | 0.78 | 0.0 | 0 | 0 | 0 | 0 | 7.37 | -59.15 | 0 | 0.5 | -80.08 | 0 | 0.71 | -88.78 | 0 | 2.46 | -91.64 | 0 | 0 | 0 | 0 | 3.05 | 63.1 | 0 | 6.59 | -2.37 | 0 | 0.28 | 0.0 | 0 | 11.27 | 0.0 | 0 | 0.31 | 0.0 | 0 | 0 | 0 | 0 | 4.8 | 11.63 | 0 | 5.1 | 10.63 | 0 | 0 | 0 | 0 | 4.8 | 11.63 | 0 | 0.06 | -19.56 | 0 |
| 21Q4 (9) | 7.0 | -11.05 | 161.19 | 3.14 | 19.39 | 1107.69 | 0.78 | -57.14 | 47.17 | 0 | -100.0 | 0 | 18.04 | 1161.54 | 1904.44 | 2.51 | 318.26 | 54.94 | 6.33 | 1482.5 | 2914.29 | 29.37 | 223.84 | 196.53 | 0 | -100.0 | -100.0 | 1.87 | -23.98 | 0 | 6.75 | 16.58 | 7.83 | 0.28 | 0.0 | 460.0 | 11.27 | 0.0 | 54.81 | 0.31 | 0.0 | 158.33 | 0 | 0 | 0 | 4.3 | 112.87 | 75.51 | 4.61 | 97.85 | 79.38 | 0 | 0 | 0 | 4.3 | 112.87 | 75.51 | 0.07 | 48.92 | 171.42 |
| 21Q3 (8) | 7.87 | 19.6 | 0 | 2.63 | 46.11 | 0 | 1.82 | -1.09 | 0 | 1.05 | -65.0 | 0 | 1.43 | -31.25 | 0 | -1.15 | -227.78 | 0 | 0.4 | -27.27 | 0 | 9.07 | -50.86 | 0 | 0.02 | 0.0 | 0 | 2.46 | 12200.0 | 0 | 5.79 | -1.36 | 0 | 0.28 | 250.0 | 0 | 11.27 | 4.64 | 0 | 0.31 | 158.33 | 0 | 0 | 0 | 0 | 2.02 | -39.7 | 0 | 2.33 | -32.85 | 0 | 0 | 0 | 0 | 2.02 | -39.7 | 0 | 0.05 | -6.42 | 0 |
| 21Q2 (7) | 6.58 | 0 | 80.77 | 1.8 | 0 | 0 | 1.84 | 0 | 253.85 | 3.0 | 0 | 0 | 2.08 | 0 | 70.49 | 0.9 | 0 | 291.3 | 0.55 | 0 | -16.67 | 18.46 | 0 | 0 | 0.02 | 0 | 0 | 0.02 | 0 | 0 | 5.87 | 0 | -9.97 | 0.08 | 0 | 166.67 | 10.77 | 0 | 47.94 | 0.12 | 0 | 0.0 | 0 | 0 | 0 | 3.35 | 0 | 303.61 | 3.47 | 0 | 265.26 | 0 | 0 | 0 | 3.35 | 0 | 303.61 | 0.05 | 0 | 0 |
