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) | 7.39 | 62.42 | 0 | 0 | 0 | 0 | 0 | 0 | 4.69 | 46800.0 | 3.83 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.7 | 0.0 | 0 | 0 | 0 | 0 | 3.27 | 0 | 3.27 | 0 | 0 | 0 | 3.27 | 0 | 0.00 | 0 |
| 2022 (9) | 4.55 | -12.33 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | -0.2 | 0 | 0.01 | 0 | 100.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.7 | 0.0 | 0 | 0 | 0 | 0 | -0.55 | 0 | -0.55 | 0 | 0 | 0 | -0.55 | 0 | 0.00 | 0 |
| 2021 (8) | 5.19 | -7.49 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.64 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.7 | 0.0 | 0 | 0 | 0 | 0 | -4.6 | 0 | -4.6 | 0 | 0 | 0 | -4.6 | 0 | 0.00 | 0 |
| 2020 (7) | 5.61 | 1044.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | -1.43 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.7 | 62.86 | 0 | 0 | 0 | 0 | -3.95 | 0 | -3.95 | 0 | 0 | 0 | -3.95 | 0 | 0.00 | 0 |
| 2019 (6) | 0.49 | -58.82 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.68 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.5 | 0.0 | 0 | 0 | 0 | 0 | -2.53 | 0 | -2.53 | 0 | 0 | 0 | -2.53 | 0 | 0.00 | 0 |
| 2018 (5) | 1.19 | 3866.67 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | -0.54 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.11 | -8.33 | 3.5 | 131.79 | 0 | 0 | 0 | 0 | -1.85 | 0 | -1.85 | 0 | 0 | 0 | -1.85 | 0 | 0.00 | 0 |
| 2017 (4) | 0.03 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | -0.21 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.12 | 0 | 1.51 | 0 | 0 | 0 | 0 | 0 | -1.31 | 0 | -1.31 | 0 | 0 | 0 | -1.31 | 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 | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24Q1 (20) | 6.78 | -8.25 | 15.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0 | 0.12 | -97.05 | 170.59 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.68 | 17.19 | 17.19 | 0 | 0 | 0 | 0 | 0 | 0 | 3.39 | 3.67 | 570.83 | 3.39 | 3.67 | 570.83 | 0 | 0 | 0 | 3.39 | 3.67 | 570.83 | 0.00 | 0 | 0 |
| 23Q4 (19) | 7.39 | 20.36 | 62.42 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.68 | 46700.0 | 46700.0 | 4.07 | 20250.0 | 10075.0 | 0 | -100.0 | -100.0 | 0.00 | -100.0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.7 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.27 | 508.75 | 694.55 | 3.27 | 508.75 | 694.55 | 0 | 0 | 0 | 3.27 | 508.75 | 694.55 | 0.00 | 0 | 0 |
| 23Q3 (18) | 6.14 | -0.97 | 31.76 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0.02 | 120.0 | 116.67 | 0.01 | 0 | 0 | 50.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.7 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.8 | 2.44 | 83.47 | -0.8 | 2.44 | 83.47 | 0 | 0 | 0 | -0.8 | 2.44 | 83.47 | 0.00 | 0 | 0 |
| 23Q2 (17) | 6.2 | 5.62 | 29.17 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.1 | 41.18 | -400.0 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.7 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.82 | -13.89 | 82.63 | -0.82 | -13.89 | 82.63 | 0 | 0 | 0 | -0.82 | -13.89 | 82.63 | 0.00 | 0 | 0 |
| 23Q1 (16) | 5.87 | 29.01 | 15.55 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0 | -0.17 | -525.0 | -70.0 | 0 | -100.0 | 0 | 0.00 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.7 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.72 | -30.91 | 84.68 | -0.72 | -30.91 | 84.68 | 0 | 0 | 0 | -0.72 | -30.91 | 84.68 | 0.00 | 0 | 0 |
| 22Q4 (15) | 4.55 | -2.36 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0.04 | 133.33 | 0 | 0.01 | 0 | 0 | 100.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.7 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.55 | 88.64 | 0 | -0.55 | 88.64 | 0 | 0 | 0 | 0 | -0.55 | 88.64 | 0 | 0.00 | 0 | 0 |
| 22Q3 (14) | 4.66 | -2.92 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.12 | -500.0 | 0 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.7 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.84 | -2.54 | 0 | -4.84 | -2.54 | 0 | 0 | 0 | 0 | -4.84 | -2.54 | 0 | 0.00 | 0 | 0 |
| 22Q2 (13) | 4.8 | -5.51 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.02 | 80.0 | 0 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.7 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.72 | -0.43 | 0 | -4.72 | -0.43 | 0 | 0 | 0 | 0 | -4.72 | -0.43 | 0 | 0.00 | 0 | 0 |
| 22Q1 (12) | 5.08 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.1 | 0 | 0 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.7 | 0 | 0 | -4.7 | 0 | 0 | 0 | 0 | 0 | -4.7 | 0 | 0 | 0.00 | 0 | 0 |
