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) | 5.92 | -32.34 | 0 | 0 | 0 | 0 | 0 | 0 | 13.5 | -24.28 | 2.08 | -41.41 | 2.51 | 5.02 | 18.59 | 38.71 | 3.15 | 8.62 | 0 | 0 | 0 | 0 | 0.15 | 50.0 | 5.92 | 0.0 | 0.64 | 128.57 | 0 | 0 | 2.17 | -40.55 | 2.81 | -28.5 | 0 | 0 | 2.17 | -40.55 | 0.00 | 0 |
| 2022 (9) | 8.75 | 86.57 | 0 | 0 | 0 | 0 | 0 | 0 | 17.83 | 4.33 | 3.55 | 38.67 | 2.39 | -0.42 | 13.40 | -4.55 | 2.9 | -2.68 | 0 | 0 | 0 | 0 | 0.1 | 11.11 | 5.92 | 10.04 | 0.28 | 833.33 | 0 | 0 | 3.65 | 46.0 | 3.93 | 55.34 | 0 | 0 | 3.65 | 46.0 | 0.00 | 0 |
| 2021 (8) | 4.69 | 275.2 | 0 | 0 | 0 | 0 | 0 | 0 | 17.09 | 381.41 | 2.56 | 725.81 | 2.4 | 128.57 | 14.04 | -52.52 | 2.98 | 29.57 | 0 | 0 | 0 | 0 | 0.09 | 0 | 5.38 | 10.02 | 0.03 | 0 | 0 | 0 | 2.5 | 657.58 | 2.53 | 666.67 | 0 | 0 | 2.5 | 657.58 | 0.00 | 0 |
| 2020 (7) | 1.25 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.55 | 0 | 0.31 | 0 | 1.05 | 0 | 29.58 | 0 | 2.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.89 | 0 | 0 | 0 | 0 | 0 | 0.33 | 0 | 0.33 | 0 | 0 | 0 | 0.33 | 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) | 5.92 | 10.04 | -32.34 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.2 | -14.21 | -6.43 | 0.22 | -75.0 | -35.29 | 2.51 | -2.33 | 5.02 | 18.58 | -0.74 | 38.68 | 3.15 | 1.29 | 8.62 | 0 | 0 | 0 | 0 | 0 | 0 | 0.15 | 15.38 | 50.0 | 5.92 | 0.0 | 0.0 | 0.64 | 0.0 | 128.57 | 0 | 0 | 0 | 2.17 | 10.71 | -40.55 | 2.81 | 8.49 | -28.5 | 0 | 0 | 0 | 2.17 | 10.71 | -40.55 | 0.00 | 0 | 0 |
| 23Q3 (19) | 5.38 | -29.21 | -36.41 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.73 | 6.27 | -16.93 | 0.88 | 57.14 | -28.46 | 2.57 | -7.89 | -12.59 | 18.72 | -2.79 | 16.57 | 3.11 | -3.42 | 14.76 | 0 | 0 | 0 | 0 | 0 | 0 | 0.13 | 0.0 | 30.0 | 5.92 | 0.0 | 0.0 | 0.64 | 0.0 | 128.57 | 0 | 0 | 0 | 1.96 | 81.48 | -40.79 | 2.59 | 50.58 | -28.06 | 0 | 0 | 0 | 1.96 | 81.48 | -40.79 | 0.00 | 0 | 0 |
| 23Q2 (18) | 7.6 | -2.94 | -15.65 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.51 | 14.33 | -28.95 | 0.56 | 33.33 | -45.63 | 2.79 | 43.81 | -18.9 | 19.25 | 58.01 | 5.56 | 3.22 | -1.83 | 8.78 | 0 | 0 | 0 | 0 | 0 | 0 | 0.13 | 30.0 | 62.5 | 5.92 | 0.0 | 0.0 | 0.64 | 128.57 | 128.57 | 0 | 0 | 0 | 1.08 | -73.4 | -48.33 | 1.72 | -60.46 | -27.43 | 0 | 0 | 0 | 1.08 | -73.4 | -48.33 | 0.00 | 0 | 0 |
| 23Q1 (17) | 7.83 | -10.51 | -5.43 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.07 | -10.23 | -38.48 | 0.42 | 23.53 | -56.25 | 1.94 | -18.83 | -38.41 | 12.19 | -9.04 | -27.54 | 3.28 | 13.1 | 5.13 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.0 | 11.11 | 5.92 | 0.0 | 0.0 | 0.28 | 0.0 | 833.33 | 0 | 0 | 0 | 4.06 | 11.23 | 17.34 | 4.35 | 10.69 | 24.64 | 0 | 0 | 0 | 4.06 | 11.23 | 17.34 | 0.00 | 0 | 0 |
| 22Q4 (16) | 8.75 | 3.43 | 86.57 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.42 | -23.83 | -12.08 | 0.34 | -72.36 | -45.16 | 2.39 | -18.71 | -0.42 | 13.40 | -16.57 | -4.6 | 2.9 | 7.01 | -2.68 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.0 | 11.11 | 5.92 | 0.0 | 10.04 | 0.28 | 0.0 | 833.33 | 0 | 0 | 0 | 3.65 | 10.27 | 46.0 | 3.93 | 9.17 | 55.34 | 0 | 0 | 0 | 3.65 | 10.27 | 46.0 | 0.00 | 0 | 0 |
| 22Q3 (15) | 8.46 | -6.1 | 201.07 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.49 | -9.11 | -10.91 | 1.23 | 19.42 | 105.0 | 2.94 | -14.53 | 8.49 | 16.06 | -11.97 | -0.76 | 2.71 | -8.45 | -2.87 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 25.0 | 0.0 | 5.92 | 0.0 | 10.04 | 0.28 | 0.0 | 833.33 | 0 | 0 | 0 | 3.31 | 58.37 | 70.62 | 3.6 | 51.9 | 81.82 | 0 | 0 | 0 | 3.31 | 58.37 | 70.62 | 0.00 | 0 | 0 |
| 22Q2 (14) | 9.01 | 8.82 | 350.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.94 | -1.0 | 2.7 | 1.03 | 7.29 | 21.18 | 3.44 | 9.21 | 15.44 | 18.24 | 8.45 | -28.33 | 2.96 | -5.13 | -15.91 | 0 | 0 | 0 | 0 | 0 | 0 | 0.08 | -11.11 | -20.0 | 5.92 | 0.0 | 10.04 | 0.28 | 833.33 | 833.33 | 0 | 0 | 0 | 2.09 | -39.6 | 54.81 | 2.37 | -32.09 | 71.74 | 0 | 0 | 0 | 2.09 | -39.6 | 54.81 | 0.00 | 0 | 0 |
| 22Q1 (13) | 8.28 | 76.55 | 922.22 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.99 | 28.28 | 48.96 | 0.96 | 54.84 | 95.92 | 3.15 | 31.25 | 75.98 | 16.82 | 19.76 | -35.17 | 3.12 | 4.7 | -11.61 | 0 | 0 | 0 | 0 | 0 | 0 | 0.09 | 0.0 | 0 | 5.92 | 10.04 | 21.06 | 0.03 | 0.0 | 0.0 | 0 | 0 | 0 | 3.46 | 38.4 | 606.12 | 3.49 | 37.94 | 558.49 | 0 | 0 | 0 | 3.46 | 38.4 | 606.12 | 0.00 | 0 | 0 |
| 21Q4 (12) | 4.69 | 66.9 | 275.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.89 | -22.82 | 9.58 | 0.62 | 3.33 | 100.0 | 2.4 | -11.44 | 128.57 | 14.04 | -13.2 | -52.52 | 2.98 | 6.81 | 29.57 | 0 | 0 | 0 | 0 | 0 | 0 | 0.09 | -10.0 | 0 | 5.38 | 0.0 | 10.02 | 0.03 | 0.0 | 0 | 0 | 0 | 0 | 2.5 | 28.87 | 657.58 | 2.53 | 27.78 | 666.67 | 0 | 0 | 0 | 2.5 | 28.87 | 657.58 | 0.00 | 0 | 0 |
| 21Q3 (11) | 2.81 | 40.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.04 | 4.78 | 0 | 0.6 | -29.41 | 0 | 2.71 | -9.06 | 0 | 16.18 | -36.42 | 0 | 2.79 | -20.74 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.0 | 0 | 5.38 | 0.0 | 0 | 0.03 | 0.0 | 0 | 0 | 0 | 0 | 1.94 | 43.7 | 0 | 1.98 | 43.48 | 0 | 0 | 0 | 0 | 1.94 | 43.7 | 0 | 0.00 | 0 | 0 |
| 21Q2 (10) | 2.0 | 146.91 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.81 | 43.58 | 0 | 0.85 | 73.47 | 0 | 2.98 | 66.48 | 0 | 25.45 | -1.9 | 0 | 3.52 | -0.28 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 | 0 | 5.38 | 10.02 | 0 | 0.03 | 0.0 | 0 | 0 | 0 | 0 | 1.35 | 175.51 | 0 | 1.38 | 160.38 | 0 | 0 | 0 | 0 | 1.35 | 175.51 | 0 | 0.00 | 0 | 0 |
| 21Q1 (9) | 0.81 | -35.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.35 | -5.63 | 0 | 0.49 | 58.06 | 0 | 1.79 | 70.48 | 0 | 25.94 | -12.29 | 0 | 3.53 | 53.48 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.89 | 0.0 | 0 | 0.03 | 0 | 0 | 0 | 0 | 0 | 0.49 | 48.48 | 0 | 0.53 | 60.61 | 0 | 0 | 0 | 0 | 0.49 | 48.48 | 0 | 0.00 | 0 | 0 |
| 20Q4 (8) | 1.25 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.55 | 0 | 0 | 0.31 | 0 | 0 | 1.05 | 0 | 0 | 29.58 | 0 | 0 | 2.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.89 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.33 | 0 | 0 | 0.33 | 0 | 0 | 0 | 0 | 0 | 0.33 | 0 | 0 | 0.00 | 0 | 0 |
