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) | 7.6 | 245.45 | 4.32 | -25.52 | 0 | 0 | 0 | 0 | 28.69 | -52.23 | -0.66 | 0 | 3.28 | -77.7 | 11.43 | -53.32 | 8.1 | -48.51 | 0 | 0 | 0 | 0 | 0.02 | -33.33 | 7.71 | 0.39 | 0.58 | 81.25 | 0.32 | -57.89 | 0.76 | -74.75 | 1.67 | -59.17 | -0.33 | 0 | 0.43 | -84.01 | 0.00 | 0 |
| 2022 (9) | 2.2 | 3.77 | 5.8 | 544.44 | 0 | 0 | 0 | 0 | 60.06 | 70.38 | 2.61 | 76.35 | 14.71 | 81.6 | 24.49 | 6.59 | 15.73 | 6.43 | 0 | 0 | 0 | 0 | 0.03 | 0.0 | 7.68 | 10.5 | 0.32 | 88.24 | 0.76 | 24.59 | 3.01 | 75.0 | 4.09 | 63.6 | -0.32 | 0 | 2.69 | 180.21 | 0.00 | 0 |
| 2021 (8) | 2.12 | -25.87 | 0.9 | 80.0 | 0 | 0 | 0 | 0 | 35.25 | 24.87 | 1.48 | -1.33 | 8.1 | 16.71 | 22.98 | -6.53 | 14.78 | 211.16 | 0 | 0 | 0 | 0 | 0.03 | 0.0 | 6.95 | 0.0 | 0.17 | 750.0 | 0.61 | 205.0 | 1.72 | 14.67 | 2.5 | 45.35 | -0.76 | 0 | 0.96 | 7.87 | 0.00 | 0 |
| 2020 (7) | 2.86 | -36.73 | 0.5 | -62.12 | 0 | 0 | 0 | 0 | 28.23 | 22.15 | 1.5 | -16.67 | 6.94 | 11.04 | 24.58 | -9.1 | 4.75 | 72.1 | 0 | 0 | 0 | 0 | 0.03 | 200.0 | 6.95 | -30.08 | 0.02 | 0 | 0.2 | 0 | 1.5 | 581.82 | 1.72 | 681.82 | -0.61 | 0 | 0.89 | 0 | 0.00 | 0 |
| 2019 (6) | 4.52 | 110.23 | 1.32 | -79.18 | 0 | 0 | 0 | 0 | 23.11 | -27.42 | 1.8 | 0 | 6.25 | -14.5 | 27.04 | 17.8 | 2.76 | -40.39 | 0 | 0 | 0 | 0 | 0.01 | -66.67 | 9.94 | 0.0 | 0 | 0 | 0 | 0 | 0.22 | 0 | 0.22 | 0 | -0.41 | 0 | -0.19 | 0 | 0.00 | 0 |
| 2018 (5) | 2.15 | -67.42 | 6.34 | -23.89 | 0 | 0 | 0 | 0 | 31.84 | -22.79 | -2.3 | 0 | 7.31 | -15.2 | 22.96 | 9.84 | 4.63 | 10.24 | 0 | 0 | 0 | 0 | 0.03 | -25.0 | 9.94 | 9.59 | 0.86 | 14.67 | 1.83 | 2950.0 | -2.85 | 0 | -0.16 | 0 | -1.77 | 0 | -4.62 | 0 | 0.00 | 0 |
| 2017 (4) | 6.6 | 15.59 | 8.33 | -7.24 | 0 | 0 | 0 | 0 | 41.24 | -19.12 | 1.12 | -37.78 | 8.62 | -45.72 | 20.90 | -32.88 | 4.2 | -17.32 | 0 | 0 | 0 | 0 | 0.04 | 100.0 | 9.07 | 9.81 | 0.75 | 31.58 | 0.06 | 0.0 | 1.88 | -17.18 | 2.69 | -6.92 | -2.02 | 0 | -0.14 | 0 | 0.00 | 0 |
| 2016 (3) | 5.71 | 137.92 | 8.98 | 149.44 | 0 | 0 | 0 | 0 | 50.99 | 53.22 | 1.8 | 5.88 | 15.88 | 52.4 | 31.14 | -0.53 | 5.08 | 43.1 | 0 | 0 | 0 | 0 | 0.02 | 0.0 | 8.26 | 29.87 | 0.57 | 42.5 | 0.06 | 0.0 | 2.27 | 10.19 | 2.89 | 14.68 | 1.07 | 64.62 | 3.34 | 23.25 | 0.00 | 0 |
| 2015 (2) | 2.4 | 0 | 3.6 | 0 | 0 | 0 | 0 | 0 | 33.28 | 0 | 1.7 | 0 | 10.42 | 0 | 31.31 | 0 | 3.55 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0 | 6.36 | 0 | 0.4 | 0 | 0.06 | 0 | 2.06 | 0 | 2.52 | 0 | 0.65 | 0 | 2.71 | 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 | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 23Q4 (20) | 7.6 | 2.43 | 245.45 | 4.32 | -5.47 | -25.52 | 0 | 0 | 0 | 0 | 0 | 0 | 4.46 | -12.72 | -73.13 | -1.04 | -700.0 | -209.47 | 3.28 | -23.54 | -77.7 | 11.43 | 8.81 | -53.32 | 8.1 | -14.01 | -48.51 | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0.0 | -33.33 | 7.71 | 0.0 | 0.39 | 0.58 | 0.0 | 81.25 | 0.32 | 0.0 | -57.89 | 0.76 | -57.78 | -74.75 | 1.67 | -38.38 | -59.17 | -0.33 | -65.0 | -3.12 | 0.43 | -73.12 | -84.01 | 0.00 | 0 | 0 |
| 23Q3 (19) | 7.42 | 1.5 | 192.13 | 4.57 | -0.65 | -28.71 | 0 | 0 | 0 | 0 | 0 | 0 | 5.11 | -32.94 | -71.66 | -0.13 | -333.33 | -111.02 | 4.29 | -17.02 | -68.46 | 10.51 | 9.24 | -58.56 | 9.42 | -10.2 | -41.42 | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0.0 | 100.0 | 7.71 | 0.39 | 10.94 | 0.58 | 0.0 | 81.25 | 0.32 | 0.0 | -57.89 | 1.8 | -6.74 | -12.2 | 2.71 | -4.58 | -13.14 | -0.2 | 44.44 | 33.33 | 1.6 | 1.91 | -8.57 | 0.00 | 0 | 0 |
| 23Q2 (18) | 7.31 | 17.15 | 494.31 | 4.6 | -18.87 | -53.54 | 0 | 0 | 0 | 0 | 0 | 0 | 7.62 | -33.74 | -51.06 | -0.03 | -105.45 | -116.67 | 5.17 | -32.94 | -58.04 | 9.62 | -23.03 | -65.66 | 10.49 | -18.11 | -38.22 | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | -33.33 | 0.0 | 7.68 | 0.0 | 10.5 | 0.58 | 81.25 | 81.25 | 0.32 | -57.89 | -57.89 | 1.93 | 7.22 | 121.84 | 2.84 | -1.39 | 46.39 | -0.36 | -5.88 | 30.77 | 1.57 | 7.53 | 348.57 | 0.00 | 0 | 0 |
| 23Q1 (17) | 6.24 | 183.64 | 472.48 | 5.67 | -2.24 | 0.18 | 0 | 0 | 0 | 0 | 0 | 0 | 11.5 | -30.72 | 16.63 | 0.55 | -42.11 | 83.33 | 7.71 | -47.59 | 5.76 | 12.50 | -48.98 | -22.68 | 12.81 | -18.56 | -31.64 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | 0.0 | 0.0 | 7.68 | 0.0 | 10.5 | 0.32 | 0.0 | 88.24 | 0.76 | 0.0 | 24.59 | 1.8 | -40.2 | -10.89 | 2.88 | -29.58 | 2.86 | -0.34 | -6.25 | 43.33 | 1.46 | -45.72 | 2.82 | 0.00 | 0 | 0 |
| 22Q4 (16) | 2.2 | -13.39 | 3.77 | 5.8 | -9.52 | 544.44 | 0 | 0 | 0 | 0 | 0 | 0 | 16.6 | -7.93 | 63.06 | 0.95 | -19.49 | 75.93 | 14.71 | 8.16 | 81.6 | 24.49 | -3.4 | 6.59 | 15.73 | -2.18 | 6.43 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | 200.0 | 0.0 | 7.68 | 10.5 | 10.5 | 0.32 | 0.0 | 88.24 | 0.76 | 0.0 | 24.59 | 3.01 | 46.83 | 75.0 | 4.09 | 31.09 | 63.6 | -0.32 | -6.67 | 57.89 | 2.69 | 53.71 | 180.21 | 0.00 | 0 | 0 |
| 22Q3 (15) | 2.54 | 106.5 | -37.9 | 6.41 | -35.25 | 412.8 | 0 | 0 | 0 | 0 | 0 | 0 | 18.03 | 15.8 | 115.41 | 1.18 | 555.56 | 594.12 | 13.6 | 10.39 | 70.43 | 25.35 | -9.49 | 25.66 | 16.08 | -5.3 | 42.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | -50.0 | -50.0 | 6.95 | 0.0 | 0.0 | 0.32 | 0.0 | 88.24 | 0.76 | 0.0 | 24.59 | 2.05 | 135.63 | 73.73 | 3.12 | 60.82 | 59.18 | -0.3 | 42.31 | 58.9 | 1.75 | 400.0 | 288.89 | 0.00 | 0 | 0 |
| 22Q2 (14) | 1.23 | 12.84 | -71.06 | 9.9 | 74.91 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15.57 | 57.91 | -6.77 | 0.18 | -40.0 | -76.32 | 12.32 | 69.0 | 100.65 | 28.01 | 73.34 | 42.25 | 16.98 | -9.39 | 139.49 | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | -33.33 | -33.33 | 6.95 | 0.0 | 0.0 | 0.32 | 88.24 | 1500.0 | 0.76 | 24.59 | 280.0 | 0.87 | -56.93 | -44.23 | 1.94 | -30.71 | 8.99 | -0.52 | 13.33 | 26.76 | 0.35 | -75.35 | -58.82 | 0.00 | 0 | 0 |
| 22Q1 (13) | 1.09 | -48.58 | 0 | 5.66 | 528.89 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.86 | -3.14 | 0 | 0.3 | -44.44 | 0 | 7.29 | -10.0 | 0 | 16.16 | -29.67 | 0 | 18.74 | 26.79 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | 0.0 | 0 | 6.95 | 0.0 | 0 | 0.17 | 0.0 | 0 | 0.61 | 0.0 | 0 | 2.02 | 17.44 | 0 | 2.8 | 12.0 | 0 | -0.6 | 21.05 | 0 | 1.42 | 47.92 | 0 | 0.00 | 0 | 0 |
| 21Q4 (12) | 2.12 | -48.17 | -25.87 | 0.9 | -28.0 | 80.0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.18 | 21.62 | -29.7 | 0.54 | 217.65 | -37.93 | 8.1 | 1.5 | 16.71 | 22.98 | 13.89 | -6.5 | 14.78 | 30.8 | 211.16 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | 50.0 | 0.0 | 6.95 | 0.0 | 0.0 | 0.17 | 0.0 | 750.0 | 0.61 | 0.0 | 205.0 | 1.72 | 45.76 | 14.67 | 2.5 | 27.55 | 45.35 | -0.76 | -4.11 | -24.59 | 0.96 | 113.33 | 7.87 | 0.00 | 0 | 0 |
| 21Q3 (11) | 4.09 | -3.76 | 0 | 1.25 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.37 | -49.88 | 0 | 0.17 | -77.63 | 0 | 7.98 | 29.97 | 0 | 20.18 | 2.46 | 0 | 11.3 | 59.38 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | -33.33 | 0 | 6.95 | 0.0 | 0 | 0.17 | 750.0 | 0 | 0.61 | 205.0 | 0 | 1.18 | -24.36 | 0 | 1.96 | 10.11 | 0 | -0.73 | -2.82 | 0 | 0.45 | -47.06 | 0 | 0.00 | 0 | 0 |
| 21Q2 (10) | 4.25 | 0 | -22.45 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.7 | 0 | 21.37 | 0.76 | 0 | 20.63 | 6.14 | 0 | -2.38 | 19.69 | 0 | -56.92 | 7.09 | 0 | 118.15 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | 0 | 200.0 | 6.95 | 0 | -30.08 | 0.02 | 0 | 0.0 | 0.2 | 0 | 0.0 | 1.56 | 0 | 147.62 | 1.78 | 0 | 111.9 | -0.71 | 0 | -39.22 | 0.85 | 0 | 608.33 | 0.00 | 0 | 0 |
