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) | 4.48 | 99.11 | 0.1 | 0.0 | 0.03 | 0.0 | 0 | 0 | 7.71 | 83.57 | 0.05 | 0 | 1.43 | 74.39 | 18.55 | -5.0 | 0 | 0 | 0 | 0 | 0.05 | -28.57 | 0.22 | 10.0 | 3.2 | 3.56 | 0 | 0 | 0 | 0 | -0.9 | 0 | -0.9 | 0 | -0.05 | 0 | -0.95 | 0 | 0.00 | 0 |
| 2022 (9) | 2.25 | -14.77 | 0.1 | 0.0 | 0.03 | 0 | 0 | 0 | 4.2 | 64.06 | -0.57 | 0 | 0.82 | 32.26 | 19.52 | -19.39 | 0 | 0 | 0 | 0 | 0.07 | 0 | 0.2 | 1900.0 | 3.09 | 81.76 | 0 | 0 | 0 | 0 | -0.95 | 0 | -0.95 | 0 | 0 | 0 | -0.95 | 0 | 0.00 | 0 |
| 2021 (8) | 2.64 | -22.58 | 0.1 | 0.0 | 0 | 0 | 0 | 0 | 2.56 | 47.13 | -0.61 | 0 | 0.62 | 113.79 | 24.22 | 45.31 | 0.06 | 0.0 | 0 | 0 | 0 | 0 | 0.01 | -50.0 | 1.7 | 0.0 | 0 | 0 | 0 | 0 | -2.88 | 0 | -2.88 | 0 | 0 | 0 | -2.88 | 0 | 0.00 | 0 |
| 2020 (7) | 3.41 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 1.74 | 0 | -0.5 | 0 | 0.29 | 0 | 16.67 | 0 | 0.06 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0 | 1.7 | 0 | 0 | 0 | 0 | 0 | -2.27 | 0 | -2.27 | 0 | 0 | 0 | -2.27 | 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) | 2.16 | -36.47 | -53.75 | 1.39 | 11.2 | 1290.0 | 0.03 | 0 | 0.0 | 0 | 0 | 0 | 2.16 | 10.2 | 15.51 | -0.37 | -270.0 | -364.29 | 2.86 | 25.44 | 123.44 | 34.42 | 21.06 | 86.06 | 0 | 0 | 0 | 0 | 0 | 0 | 0.22 | 0 | 340.0 | 1.76 | 738.1 | 665.22 | 3.2 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.26 | -41.57 | -85.29 | -1.26 | -41.57 | -85.29 | -0.05 | 16.67 | 0 | -1.31 | -37.89 | -92.65 | 0.00 | 0 | 0 |
| 24Q2 (19) | 3.4 | -0.29 | 51.11 | 1.25 | 0 | 1150.0 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 1.96 | -5.31 | 3.16 | -0.1 | -183.33 | -190.91 | 2.28 | 34.12 | 65.22 | 28.43 | 33.11 | 24.63 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0.21 | -4.55 | -8.7 | 3.2 | 0.0 | 3.56 | 0 | 0 | 0 | 0 | 0 | 0 | -0.89 | -14.1 | -8.54 | -0.89 | -14.1 | -8.54 | -0.06 | -50.0 | 0 | -0.95 | -15.85 | -15.85 | 0.00 | 0 | 0 |
| 24Q1 (18) | 3.41 | -23.88 | 64.73 | 0 | -100.0 | -100.0 | 0.03 | 0.0 | 0.0 | 0 | 0 | 0 | 2.07 | -2.36 | 13.74 | 0.12 | 154.55 | 500.0 | 1.7 | 18.88 | 47.83 | 21.36 | 15.15 | -4.73 | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 | -20.0 | -42.86 | 0.22 | 0.0 | 0.0 | 3.2 | 0.0 | 3.56 | 0 | 0 | 0 | 0 | 0 | 0 | -0.78 | 13.33 | 16.13 | -0.78 | 13.33 | 16.13 | -0.04 | 20.0 | 0 | -0.82 | 13.68 | 11.83 | 0.00 | 0 | 0 |
| 23Q4 (17) | 4.48 | -4.07 | 99.11 | 0.1 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | 0 | 0 | 0 | 2.12 | 13.37 | 59.4 | -0.22 | -257.14 | -46.67 | 1.43 | 11.72 | 74.39 | 18.55 | 0.27 | -5.23 | 0 | 0 | 0 | 0 | 0 | 0 | 0.05 | 0.0 | -28.57 | 0.22 | -4.35 | 10.0 | 3.2 | 0.0 | 3.56 | 0 | 0 | 0 | 0 | 0 | 0 | -0.9 | -32.35 | 5.26 | -0.9 | -32.35 | 5.26 | -0.05 | 0 | 0 | -0.95 | -39.71 | 0.0 | 0.00 | 0 | 0 |
| 23Q3 (16) | 4.67 | 107.56 | 112.27 | 0.1 | 0.0 | 0.0 | 0.03 | 0.0 | 0 | 0 | 0 | 0 | 1.87 | -1.58 | 87.0 | 0.14 | 27.27 | 182.35 | 1.28 | -7.25 | 75.34 | 18.50 | -18.91 | -4.98 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0.05 | -16.67 | 0 | 0.23 | 0.0 | 2200.0 | 3.2 | 3.56 | 6.67 | 0 | 0 | 0 | 0 | 0 | 0 | -0.68 | 17.07 | 15.0 | -0.68 | 17.07 | 15.0 | 0 | 0 | 0 | -0.68 | 17.07 | 15.0 | 0.00 | 0 | 0 |
| 23Q2 (15) | 2.25 | 8.7 | -4.26 | 0.1 | 0.0 | 0.0 | 0.03 | 0.0 | 0 | 0 | 0 | 0 | 1.9 | 4.4 | 93.88 | 0.11 | 450.0 | 155.0 | 1.38 | 20.0 | 60.47 | 22.81 | 1.75 | -27.06 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0.06 | -14.29 | 0 | 0.23 | 4.55 | 2200.0 | 3.09 | 0.0 | 3.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.82 | 11.83 | -30.16 | -0.82 | 11.83 | -30.16 | 0 | 0 | 0 | -0.82 | 11.83 | -30.16 | 0.00 | 0 | 0 |
| 23Q1 (14) | 2.07 | -8.0 | -16.53 | 0.1 | 0.0 | 0.0 | 0.03 | 0.0 | 0 | 0 | 0 | 0 | 1.82 | 36.84 | 106.82 | 0.02 | 113.33 | 133.33 | 1.15 | 40.24 | 59.72 | 22.42 | 14.55 | -44.89 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0.07 | 0.0 | 0 | 0.22 | 10.0 | 2100.0 | 3.09 | 0.0 | 81.76 | 0 | 0 | 0 | 0 | 0 | 0 | -0.93 | 2.11 | 68.26 | -0.93 | 2.11 | 68.26 | 0 | 0 | 0 | -0.93 | 2.11 | 68.26 | 0.00 | 0 | 0 |
| 22Q4 (13) | 2.25 | 2.27 | -14.77 | 0.1 | 0.0 | 0.0 | 0.03 | 0 | 0 | 0 | 0 | 0 | 1.33 | 33.0 | 49.44 | -0.15 | 11.76 | -350.0 | 0.82 | 12.33 | 32.26 | 19.57 | 0.53 | -71.91 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0.07 | 0 | 0 | 0.2 | 1900.0 | 1900.0 | 3.09 | 3.0 | 81.76 | 0 | 0 | 0 | 0 | 0 | 0 | -0.95 | -18.75 | 67.01 | -0.95 | -18.75 | 67.01 | 0 | 0 | 0 | -0.95 | -18.75 | 67.01 | 0.00 | 0 | 0 |
| 22Q3 (12) | 2.2 | -6.38 | 0 | 0.1 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.0 | 2.04 | 0 | -0.17 | 15.0 | 0 | 0.73 | -15.12 | 0 | 19.47 | -37.75 | 0 | 0.05 | -16.67 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | 0 | 3.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.8 | -26.98 | 0 | -0.8 | -26.98 | 0 | 0 | 0 | 0 | -0.8 | -26.98 | 0 | 0.00 | 0 | 0 |
| 22Q2 (11) | 2.35 | -5.24 | 0 | 0.1 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.98 | 11.36 | 0 | -0.2 | -233.33 | 0 | 0.86 | 19.44 | 0 | 31.27 | -23.12 | 0 | 0.06 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | 0 | 3.0 | 76.47 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.63 | 78.5 | 0 | -0.63 | 78.5 | 0 | 0 | 0 | 0 | -0.63 | 78.5 | 0 | 0.00 | 0 | 0 |
| 22Q1 (10) | 2.48 | -6.06 | 0 | 0.1 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.88 | -1.12 | 0 | -0.06 | -200.0 | 0 | 0.72 | 16.13 | 0 | 40.68 | -41.61 | 0 | 0.06 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | 0 | 1.7 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.93 | -1.74 | 0 | -2.93 | -1.74 | 0 | 0 | 0 | 0 | -2.93 | -1.74 | 0 | 0.00 | 0 | 0 |
| 21Q4 (9) | 2.64 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.89 | 0 | 0 | 0.06 | 0 | 0 | 0.62 | 0 | 0 | 69.66 | 0 | 0 | 0.06 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | 0 | 1.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.88 | 0 | 0 | -2.88 | 0 | 0 | 0 | 0 | 0 | -2.88 | 0 | 0 | 0.00 | 0 | 0 |
