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) | 39.85 | 102.9 | 11.24 | 290.28 | 0.37 | 164.29 | 0 | 0 | 58.39 | 15.4 | 8.15 | 25.38 | 1.35 | 159.62 | 2.31 | 124.98 | 3.07 | 55.84 | 1.78 | -66.42 | 17.59 | 850.81 | 0.87 | 278.26 | 10.0 | 17.65 | 1.26 | 106.56 | 0 | 0 | 10.27 | 47.35 | 11.53 | 52.11 | 0 | 0 | 10.27 | 47.35 | 0.05 | 354.29 |
| 2022 (9) | 19.64 | 138.64 | 2.88 | 3.23 | 0.14 | -65.0 | 0.01 | 0 | 50.6 | 88.81 | 6.5 | 293.94 | 0.52 | -55.93 | 1.03 | -76.66 | 1.97 | 579.31 | 5.3 | 133.48 | 1.85 | 110.23 | 0.23 | -34.29 | 8.5 | 21.43 | 0.61 | 35.56 | 0 | 0 | 6.97 | 194.09 | 7.58 | 168.79 | 0 | 0 | 6.97 | 194.09 | 0.01 | 0 |
| 2021 (8) | 8.23 | 156.39 | 2.79 | 357.38 | 0.4 | -14.89 | 0 | 0 | 26.8 | 16.62 | 1.65 | -13.61 | 1.18 | 140.82 | 4.40 | 106.49 | 0.29 | -30.95 | 2.27 | 17.01 | 0.88 | -26.05 | 0.35 | 0.0 | 7.0 | 40.0 | 0.45 | 80.0 | 0 | 0 | 2.37 | 24.08 | 2.82 | 29.95 | 0 | 0 | 2.37 | 24.08 | 0.00 | 0 |
| 2020 (7) | 3.21 | 111.18 | 0.61 | -12.86 | 0.47 | 1466.67 | 0 | 0 | 22.98 | 98.79 | 1.91 | 27.33 | 0.49 | -52.43 | 2.13 | -76.07 | 0.42 | 133.33 | 1.94 | 424.32 | 1.19 | 230.56 | 0.35 | 3400.0 | 5.0 | 96.08 | 0.25 | 150.0 | 0 | 0 | 1.91 | 27.33 | 2.17 | 34.78 | 0 | 0 | 1.91 | 27.33 | -0.00 | 0 |
| 2019 (6) | 1.52 | 111.11 | 0.7 | 250.0 | 0.03 | 50.0 | 0.13 | 116.67 | 11.56 | 119.77 | 1.5 | 82.93 | 1.03 | 90.74 | 8.91 | -13.21 | 0.18 | 157.14 | 0.37 | 640.0 | 0.36 | 38.46 | 0.01 | 0 | 2.55 | 410.0 | 0.1 | 400.0 | 0 | 0 | 1.5 | 82.93 | 1.61 | 91.67 | 0 | 0 | 1.5 | 82.93 | 0.16 | 966.24 |
| 2018 (5) | 0.72 | 0 | 0.2 | 0 | 0.02 | 0 | 0.06 | 0 | 5.26 | 0 | 0.82 | 0 | 0.54 | 0 | 10.27 | 0 | 0.07 | 0 | 0.05 | 0 | 0.26 | 0 | 0 | 0 | 0.5 | 0 | 0.02 | 0 | 0 | 0 | 0.82 | 0 | 0.84 | 0 | 0 | 0 | 0.82 | 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) | 50.7 | -6.15 | 31.65 | 10.76 | -51.66 | 2.97 | 4.57 | 1071.79 | 2305.26 | 0 | 0 | 0 | 38.45 | 202.28 | 293.95 | 4.36 | 279.13 | 368.82 | 3.21 | 130.94 | 84.48 | 3.64 | 55.81 | 29.95 | 3.45 | -13.75 | 392.86 | 3.8 | -5.0 | 158.5 | 9.74 | -36.59 | -8.46 | 0.87 | 4.82 | 2.35 | 11.72 | 11.83 | 17.2 | 2.05 | 0.0 | 62.7 | 0 | 0 | 0 | 11.12 | 64.5 | 111.81 | 13.18 | 49.6 | 102.46 | 0.16 | 300.0 | 0 | 11.28 | 68.86 | 114.86 | 0.04 | -32.69 | -31.86 |
| 24Q2 (19) | 54.02 | 23.87 | 113.43 | 22.26 | 123.49 | 205.77 | 0.39 | 2.63 | 143.75 | 0 | 0 | 0 | 12.72 | 43.89 | -12.09 | 1.15 | 144.68 | -21.77 | 1.39 | 52.75 | 40.4 | 2.34 | 57.24 | 41.44 | 4.0 | -6.32 | 365.12 | 4.0 | 17.65 | 161.44 | 15.36 | -4.95 | 656.65 | 0.83 | -2.35 | -3.49 | 10.48 | 3.46 | 4.8 | 2.05 | 62.7 | 62.7 | 0 | 0 | 0 | 6.76 | 1.5 | 56.48 | 8.81 | 11.24 | 57.89 | -0.08 | -700.0 | 0 | 6.68 | 0.45 | 54.63 | 0.06 | -2.41 | 454.21 |
| 24Q1 (18) | 43.61 | 9.44 | 41.91 | 9.96 | -11.39 | 153.44 | 0.38 | 2.7 | 153.33 | 0 | 0 | 0 | 8.84 | -68.63 | 47.83 | 0.47 | -90.66 | -36.49 | 0.91 | -32.59 | -77.64 | 1.49 | -35.74 | -81.35 | 4.27 | 39.09 | 40.46 | 3.4 | 91.01 | 148.18 | 16.16 | -8.13 | 684.47 | 0.85 | -2.3 | 254.17 | 10.13 | 1.3 | 1.3 | 1.26 | 0.0 | 106.56 | 0 | 0 | 0 | 6.66 | -35.15 | -13.62 | 7.92 | -31.31 | -4.81 | -0.01 | 0 | 95.24 | 6.65 | -35.25 | -11.33 | 0.06 | 10.82 | 674.88 |
| 23Q4 (17) | 39.85 | 3.48 | 102.9 | 11.24 | 7.56 | 290.28 | 0.37 | 94.74 | 164.29 | 0 | 0 | -100.0 | 28.18 | 188.73 | -11.69 | 5.03 | 440.86 | 14.06 | 1.35 | -22.41 | 159.62 | 2.31 | -17.46 | 125.02 | 3.07 | 338.57 | 55.84 | 1.78 | 21.09 | -66.42 | 17.59 | 65.32 | 850.81 | 0.87 | 2.35 | 278.26 | 10.0 | 0.0 | 17.65 | 1.26 | 0.0 | 106.56 | 0 | 0 | 0 | 10.27 | 95.62 | 47.35 | 11.53 | 77.11 | 52.11 | 0 | 0 | 0 | 10.27 | 95.62 | 47.35 | 0.05 | -6.4 | 354.29 |
| 23Q3 (16) | 38.51 | 52.15 | 478.23 | 10.45 | 43.54 | 48.86 | 0.19 | 18.75 | 0.0 | 0 | 0 | 0 | 9.76 | -32.55 | 28.76 | 0.93 | -36.73 | 52.46 | 1.74 | 75.76 | 3.57 | 2.80 | 69.59 | -47.31 | 0.7 | -18.6 | -88.37 | 1.47 | -3.92 | -66.44 | 10.64 | 424.14 | 491.11 | 0.85 | -1.16 | 129.73 | 10.0 | 0.0 | 17.65 | 1.26 | 0.0 | 106.56 | 0 | 0 | 0 | 5.25 | 21.53 | 104.28 | 6.51 | 16.67 | 104.72 | 0 | 0 | 0 | 5.25 | 21.53 | 104.28 | 0.06 | 447.48 | 0 |
| 23Q2 (15) | 25.31 | -17.64 | 74.55 | 7.28 | 85.24 | 161.87 | 0.16 | 6.67 | -60.0 | 0 | 0 | 0 | 14.47 | 141.97 | 157.93 | 1.47 | 98.65 | 93.42 | 0.99 | -75.68 | -29.29 | 1.65 | -79.27 | -62.65 | 0.86 | -71.71 | 91.11 | 1.53 | 11.68 | -24.26 | 2.03 | -1.46 | 10.33 | 0.86 | 258.33 | 132.43 | 10.0 | 0.0 | 17.65 | 1.26 | 106.56 | 106.56 | 0 | 0 | 0 | 4.32 | -43.97 | 120.41 | 5.58 | -32.93 | 117.12 | 0 | 100.0 | 0 | 4.32 | -42.4 | 120.41 | 0.01 | 36.45 | 0 |
| 23Q1 (14) | 30.73 | 56.47 | 478.72 | 3.93 | 36.46 | 66.53 | 0.15 | 7.14 | -61.54 | 0 | -100.0 | 0 | 5.98 | -81.26 | 8.53 | 0.74 | -83.22 | 2.78 | 4.07 | 682.69 | 154.38 | 7.97 | 675.49 | 60.9 | 3.04 | 54.31 | 606.98 | 1.37 | -74.15 | -36.57 | 2.06 | 11.35 | 119.15 | 0.24 | 4.35 | -33.33 | 10.0 | 17.65 | 42.86 | 0.61 | 0.0 | 35.56 | 0 | 0 | 0 | 7.71 | 10.62 | 149.51 | 8.32 | 9.76 | 135.03 | -0.21 | 0 | 0 | 7.5 | 7.6 | 142.72 | 0.01 | -35.03 | 0 |
| 22Q4 (13) | 19.64 | 194.89 | 138.64 | 2.88 | -58.97 | 3.23 | 0.14 | -26.32 | -65.0 | 0.01 | 0 | 0 | 31.91 | 320.98 | 147.36 | 4.41 | 622.95 | 173.91 | 0.52 | -69.05 | -55.93 | 1.03 | -80.67 | -76.66 | 1.97 | -67.28 | 579.31 | 5.3 | 21.0 | 133.48 | 1.85 | 2.78 | 110.23 | 0.23 | -37.84 | -34.29 | 8.5 | 0.0 | 21.43 | 0.61 | 0.0 | 35.56 | 0 | 0 | 0 | 6.97 | 171.21 | 194.09 | 7.58 | 138.36 | 168.79 | 0 | 0 | 0 | 6.97 | 171.21 | 194.09 | 0.01 | 0 | 0 |
| 22Q3 (12) | 6.66 | -54.07 | -29.67 | 7.02 | 152.52 | 384.14 | 0.19 | -52.5 | -53.66 | 0 | 0 | -100.0 | 7.58 | 35.12 | -0.79 | 0.61 | -19.74 | 365.22 | 1.68 | 20.0 | -25.33 | 5.32 | 20.23 | -16.92 | 6.02 | 1237.78 | 1572.22 | 4.38 | 116.83 | 117.91 | 1.8 | -2.17 | 91.49 | 0.37 | 0.0 | 5.71 | 8.5 | 0.0 | 25.0 | 0.61 | 0.0 | 35.56 | 0 | 0 | 0 | 2.57 | 31.12 | 238.16 | 3.18 | 23.74 | 162.81 | 0 | 0 | 0 | 2.57 | 31.12 | 238.16 | 0.00 | 0 | 0 |
| 22Q2 (11) | 14.5 | 173.07 | 1626.19 | 2.78 | 17.8 | 595.0 | 0.4 | 2.56 | -2.44 | 0 | 0 | -100.0 | 5.61 | 1.81 | -10.38 | 0.76 | 5.56 | 171.43 | 1.4 | -12.5 | 12.0 | 4.42 | -10.7 | -2.65 | 0.45 | 4.65 | -28.57 | 2.02 | -6.48 | 4.66 | 1.84 | 95.74 | 58.62 | 0.37 | 2.78 | 5.71 | 8.5 | 21.43 | 70.0 | 0.61 | 35.56 | 144.0 | 0 | 0 | 0 | 1.96 | -36.57 | -10.5 | 2.57 | -27.4 | 5.33 | 0 | 0 | 0 | 1.96 | -36.57 | -10.5 | 0.00 | 0 | -100.0 |
| 22Q1 (10) | 5.31 | -35.48 | 0 | 2.36 | -15.41 | 0 | 0.39 | -2.5 | 0 | 0 | 0 | 0 | 5.51 | -57.29 | 0 | 0.72 | -55.28 | 0 | 1.6 | 35.59 | 0 | 4.95 | 12.47 | 0 | 0.43 | 48.28 | 0 | 2.16 | -4.85 | 0 | 0.94 | 6.82 | 0 | 0.36 | 2.86 | 0 | 7.0 | 0.0 | 0 | 0.45 | 0.0 | 0 | 0 | 0 | 0 | 3.09 | 30.38 | 0 | 3.54 | 25.53 | 0 | 0 | 0 | 0 | 3.09 | 30.38 | 0 | 0.00 | 0 | 0 |
| 21Q4 (9) | 8.23 | -13.09 | 156.39 | 2.79 | 92.41 | 357.38 | 0.4 | -2.44 | -14.89 | 0 | -100.0 | 0 | 12.9 | 68.85 | -39.32 | 1.61 | 800.0 | -38.31 | 1.18 | -47.56 | 140.82 | 4.40 | -31.2 | 106.49 | 0.29 | -19.44 | -30.95 | 2.27 | 12.94 | 17.01 | 0.88 | -6.38 | -26.05 | 0.35 | 0.0 | 0.0 | 7.0 | 2.94 | 40.0 | 0.45 | 0.0 | 80.0 | 0 | 0 | 0 | 2.37 | 211.84 | 24.08 | 2.82 | 133.06 | 29.95 | 0 | 0 | 0 | 2.37 | 211.84 | 24.08 | 0.00 | 0 | 100.0 |
| 21Q3 (8) | 9.47 | 1027.38 | 0 | 1.45 | 262.5 | 0 | 0.41 | 0.0 | 0 | 0.01 | 0.0 | 0 | 7.64 | 22.04 | 0 | -0.23 | -182.14 | 0 | 2.25 | 80.0 | 0 | 6.40 | 40.89 | 0 | 0.36 | -42.86 | 0 | 2.01 | 4.15 | 0 | 0.94 | -18.97 | 0 | 0.35 | 0.0 | 0 | 6.8 | 36.0 | 0 | 0.45 | 80.0 | 0 | 0 | 0 | 0 | 0.76 | -65.3 | 0 | 1.21 | -50.41 | 0 | 0 | 0 | 0 | 0.76 | -65.3 | 0 | 0.00 | -100.0 | 0 |
| 21Q2 (7) | 0.84 | 0 | -60.38 | 0.4 | 0 | -52.38 | 0.41 | 0 | 310.0 | 0.01 | 0 | 0.0 | 6.26 | 0 | 263.95 | 0.28 | 0 | 140.58 | 1.25 | 0 | 733.33 | 4.54 | 0 | 0 | 0.63 | 0 | 8.62 | 1.93 | 0 | 302.08 | 1.16 | 0 | 152.17 | 0.35 | 0 | 16.67 | 5.0 | 0 | 28.21 | 0.25 | 0 | 0.0 | 0 | 0 | 0 | 2.19 | 0 | 417.39 | 2.44 | 0 | 654.55 | 0 | 0 | 0 | 2.19 | 0 | 417.39 | 0.00 | 0 | 0 |
