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) | 9.74 | 44.73 | 0 | 0 | 0.01 | -75.0 | 0 | 0 | 3.15 | 0 | 0.08 | 0 | 0 | 0 | 0.00 | 0 | 0.22 | 0 | 0.71 | 7.58 | 0.01 | -50.0 | 0 | 0 | 5.86 | 5.59 | 0.12 | 0.0 | 0 | 0 | 0.08 | 0 | 0.2 | 0 | 0 | 0 | 0.08 | 0 | 0.00 | 0 |
| 2022 (9) | 6.73 | 45.99 | 0 | 0 | 0.04 | -50.0 | 0 | 0 | 0 | 0 | -2.67 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0.66 | 6.45 | 0.02 | -66.67 | 0 | 0 | 5.55 | 13.5 | 0.12 | 0.0 | 0 | 0 | -9.85 | 0 | -9.73 | 0 | 0 | 0 | -9.85 | 0 | 0.00 | 0 |
| 2021 (8) | 4.61 | 11.08 | 0 | 0 | 0.08 | -57.89 | 0 | 0 | 0 | 0 | -2.56 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0.62 | 1.64 | 0.06 | -60.0 | 0 | 0 | 4.89 | 21.34 | 0.12 | 0.0 | 0 | 0 | -7.19 | 0 | -7.07 | 0 | 0 | 0 | -7.19 | 0 | 0.00 | 0 |
| 2020 (7) | 4.15 | 10275.0 | 0.61 | -20.78 | 0.19 | -29.63 | 0 | 0 | 0 | 0 | -1.82 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0.61 | 8.93 | 0.15 | -37.5 | 0 | 0 | 4.03 | 101.5 | 0.12 | 0.0 | 0 | 0 | -4.62 | 0 | -4.5 | 0 | 0 | 0 | -4.62 | 0 | 0.00 | 0 |
| 2019 (6) | 0.04 | -77.78 | 0.77 | 60.42 | 0.27 | 200.0 | 0 | 0 | 0 | 0 | -1.3 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0.56 | -29.11 | 0.24 | 33.33 | 0 | 0 | 2.0 | 33.33 | 0.12 | 0.0 | 0 | 0 | -2.81 | 0 | -2.69 | 0 | 0 | 0 | -2.81 | 0 | 0.00 | 0 |
| 2018 (5) | 0.18 | 125.0 | 0.48 | 140.0 | 0.09 | 0 | 0 | 0 | 0 | 0 | -0.8 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0.79 | 0.0 | 0.18 | 80.0 | 0 | 0 | 1.5 | 50.0 | 0.12 | 0.0 | 0 | 0 | -1.51 | 0 | -1.39 | 0 | 0 | 0 | -1.51 | 0 | 0.00 | 0 |
| 2017 (4) | 0.08 | 0 | 0.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0.79 | 0 | 0.1 | 0 | 0 | 0 | 1.0 | 0 | 0.12 | 0 | 0 | 0 | -0.71 | 0 | -0.59 | 0 | 0 | 0 | -0.71 | 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) | 7.44 | -57.49 | -34.39 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0.41 | 310.0 | -86.98 | -0.9 | -52.54 | -138.96 | 0.12 | 0 | 0 | 23.53 | 0 | 0 | 0.19 | -47.22 | 18.75 | 0.73 | 0.0 | 4.29 | 0 | 0 | -100.0 | 0 | 0 | 0 | 6.45 | 0.0 | 10.07 | 0.13 | 0.0 | 8.33 | 0 | 0 | 0 | -1.94 | -86.54 | -294.0 | -1.81 | -98.9 | -261.61 | 0 | 0 | 0 | -1.94 | -86.54 | -294.0 | 0.00 | 0 | 0 |
| 24Q2 (19) | 17.5 | -6.17 | 218.18 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0.1 | 0 | 0 | -0.59 | -11.32 | 11.94 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0.36 | -7.69 | 0 | 0.73 | 1.39 | 7.35 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 6.45 | 0.0 | 16.22 | 0.13 | 8.33 | 8.33 | 0 | 0 | 0 | -1.04 | -136.36 | 20.61 | -0.91 | -175.76 | 23.53 | 0 | 0 | 0 | -1.04 | -136.36 | 20.61 | 0.00 | 0 | 0 |
| 24Q1 (18) | 18.65 | 91.48 | 195.56 | 0 | 0 | 0 | 0.01 | 0.0 | -66.67 | 0 | 0 | 0 | 0 | 0 | 0 | -0.53 | 41.76 | 17.19 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0.39 | 77.27 | 0 | 0.72 | 1.41 | 9.09 | 0.01 | 0.0 | -50.0 | 0 | 0 | 0 | 6.45 | 10.07 | 16.22 | 0.12 | 0.0 | 0.0 | 0 | 0 | 0 | -0.44 | -650.0 | 95.81 | -0.33 | -265.0 | 96.82 | 0 | 0 | 0 | -0.44 | -650.0 | 95.81 | 0.00 | 0 | 0 |
| 23Q4 (17) | 9.74 | -14.11 | 44.73 | 0 | 0 | 0 | 0.01 | -50.0 | -75.0 | 0 | 0 | 0 | 0 | -100.0 | 0 | -0.91 | -139.39 | -102.22 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0.22 | 37.5 | 0 | 0.71 | 1.43 | 7.58 | 0.01 | -50.0 | -50.0 | 0 | 0 | 0 | 5.86 | 0.0 | 5.59 | 0.12 | 0.0 | 0.0 | 0 | 0 | 0 | 0.08 | -92.0 | 100.81 | 0.2 | -82.14 | 102.06 | 0 | 0 | 0 | 0.08 | -92.0 | 100.81 | 0.00 | 0 | 0 |
| 23Q3 (16) | 11.34 | 106.18 | 374.48 | 0 | 0 | 0 | 0.02 | 0.0 | -60.0 | 0 | 0 | 0 | 3.15 | 0 | 0 | 2.31 | 444.78 | 472.58 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0.16 | 0 | 0 | 0.7 | 2.94 | 9.38 | 0.02 | 0.0 | -33.33 | 0 | 0 | 0 | 5.86 | 5.59 | 19.59 | 0.12 | 0.0 | 0.0 | 0 | 0 | 0 | 1.0 | 176.34 | 110.64 | 1.12 | 194.12 | 112.07 | 0 | 0 | 0 | 1.0 | 176.34 | 110.64 | 0.00 | 0 | 0 |
| 23Q2 (15) | 5.5 | -12.84 | 79.15 | 0 | 0 | 0 | 0.02 | -33.33 | -66.67 | 0 | 0 | 0 | 0 | 0 | 0 | -0.67 | -4.69 | 57.86 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0.68 | 3.03 | 9.68 | 0.02 | 0.0 | -50.0 | 0 | 0 | 0 | 5.55 | 0.0 | 13.5 | 0.12 | 0.0 | 0.0 | 0 | 0 | 0 | -1.31 | 87.51 | 85.08 | -1.19 | 88.52 | 86.26 | 0 | 0 | 0 | -1.31 | 87.51 | 85.08 | 0.00 | 0 | 0 |
| 23Q1 (14) | 6.31 | -6.24 | 0 | 0 | 0 | 0 | 0.03 | -25.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.64 | -42.22 | 0 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0.66 | 0.0 | 0 | 0.02 | 0.0 | 0 | 0 | 0 | 0 | 5.55 | 0.0 | 0 | 0.12 | 0.0 | 0 | 0 | 0 | 0 | -10.49 | -6.5 | 0 | -10.37 | -6.58 | 0 | 0 | 0 | 0 | -10.49 | -6.5 | 0 | 0.00 | 0 | 0 |
| 22Q4 (13) | 6.73 | 181.59 | 45.99 | 0 | 0 | 0 | 0.04 | -20.0 | -50.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.45 | 27.42 | 70.2 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0.66 | 3.12 | 6.45 | 0.02 | -33.33 | -66.67 | 0 | 0 | 0 | 5.55 | 13.27 | 13.5 | 0.12 | 0.0 | 0.0 | 0 | 0 | 0 | -9.85 | -4.79 | -37.0 | -9.73 | -4.85 | -37.62 | 0 | 0 | 0 | -9.85 | -4.79 | -37.0 | 0.00 | 0 | 0 |
| 22Q3 (12) | 2.39 | -22.15 | 0 | 0 | 0 | 0 | 0.05 | -16.67 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.62 | 61.01 | 0 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0.64 | 3.23 | 0 | 0.03 | -25.0 | 0 | 0 | 0 | 0 | 4.9 | 0.2 | 0 | 0.12 | 0.0 | 0 | 0 | 0 | 0 | -9.4 | -7.06 | 0 | -9.28 | -7.16 | 0 | 0 | 0 | 0 | -9.4 | -7.06 | 0 | 0.00 | 0 | 0 |
| 22Q2 (11) | 3.07 | 0 | 20.39 | 0 | 0 | 0 | 0.06 | 0 | -14.29 | 0 | 0 | 0 | 0 | 0 | 0 | -1.59 | 0 | -51.43 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0.62 | 0 | 0.0 | 0.04 | 0 | -60.0 | 0 | 0 | 0 | 4.89 | 0 | 21.34 | 0.12 | 0 | 0.0 | 0 | 0 | 0 | -8.78 | 0 | -54.58 | -8.66 | 0 | -55.76 | 0 | 0 | 0 | -8.78 | 0 | -54.58 | 0.00 | 0 | 0 |
