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) | 2.31 | 950.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.94 | 74.07 | -0.42 | 0 | 0.34 | 112.5 | 36.17 | 22.07 | 0.18 | 800.0 | 0 | 0 | 0 | 0 | 0.39 | 8.33 | 9.85 | 9.44 | 0 | 0 | 0 | 0 | -0.42 | 0 | -0.42 | 0 | 0 | 0 | -0.42 | 0 | 0.03 | 0 |
| 2022 (9) | 0.22 | 4.76 | 0 | 0 | 0 | 0 | 0 | 0 | 0.54 | 42.11 | 1.36 | 0 | 0.16 | 700.0 | 29.63 | 462.96 | 0.02 | 0 | 0 | 0 | 0 | 0 | 0.36 | 2.86 | 9.0 | 0.0 | 0 | 0 | 0 | 0 | -0.13 | 0 | -0.13 | 0 | 0 | 0 | -0.13 | 0 | 0.00 | 0 |
| 2021 (8) | 0.21 | -80.37 | 0 | 0 | 0 | 0 | 0 | 0 | 0.38 | 1166.67 | -0.54 | 0 | 0.02 | 0 | 5.26 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.35 | 118.75 | 9.0 | 0.0 | 0 | 0 | 0 | 0 | -1.49 | 0 | -1.49 | 0 | 0 | 0 | -1.49 | 0 | 0.00 | 0 |
| 2020 (7) | 1.07 | 1428.57 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | 200.0 | -0.54 | 0 | 0 | 0 | 0.00 | 0 | 0.03 | 0 | 0 | 0 | 0 | 0 | 0.16 | -33.33 | 9.0 | 105.95 | 0 | 0 | 0 | 0 | -0.95 | 0 | -0.95 | 0 | 0 | 0 | -0.95 | 0 | 0.00 | 0 |
| 2019 (6) | 0.07 | -66.67 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | -0.36 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.24 | -20.0 | 4.37 | 161.68 | 0 | 0 | 0 | 0 | -0.41 | 0 | -0.41 | 0 | 0 | 0 | -0.41 | 0 | 0.00 | 0 |
| 2018 (5) | 0.21 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.02 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.3 | 0 | 1.67 | 0 | 0 | 0 | 0 | 0 | -0.05 | 0 | -0.05 | 0 | 0 | 0 | -0.05 | 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) | 2.31 | 11.59 | 950.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.46 | 130.0 | 119.05 | 0.01 | 102.22 | -99.44 | 0.34 | 88.89 | 112.5 | 36.17 | 38.65 | 24.34 | 0.18 | 0 | 800.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.39 | 14.71 | 8.33 | 9.85 | 0.0 | 9.44 | 0 | 0 | 0 | 0 | 0 | 0 | -0.42 | 2.33 | -223.08 | -0.42 | 2.33 | -223.08 | 0 | 0 | 0 | -0.42 | 2.33 | -223.08 | 0.03 | 0 | 0 |
| 23Q3 (19) | 2.07 | -48.12 | 1378.57 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 | 25.0 | 100.0 | -0.45 | -4400.0 | -200.0 | 0.18 | 125.0 | 350.0 | 26.09 | 92.39 | 147.83 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.34 | 0.0 | -8.11 | 9.85 | 0.0 | 9.44 | 0 | 0 | 0 | 0 | 0 | 0 | -0.43 | -2250.0 | 77.72 | -0.43 | -2250.0 | 77.72 | 0 | 0 | 0 | -0.43 | -2250.0 | 77.72 | 0.00 | 0 | 0 |
| 23Q2 (18) | 3.99 | -33.5 | 2393.75 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.16 | 33.33 | 6.67 | -0.01 | -150.0 | 91.67 | 0.08 | 14.29 | 166.67 | 13.56 | 12.35 | 49.15 | 0.01 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.34 | -2.86 | -12.82 | 9.85 | 0.1 | 9.44 | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | 120.0 | 101.12 | 0.02 | 120.0 | 101.12 | 0 | 0 | 0 | 0.02 | 120.0 | 101.12 | 0.00 | 0 | 0 |
| 23Q1 (17) | 6.0 | 2627.27 | 412.82 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.12 | -42.86 | 33.33 | 0.02 | -98.89 | 112.5 | 0.07 | -56.25 | 600.0 | 12.07 | -58.51 | 141.38 | 0.01 | -50.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.35 | -2.78 | -2.78 | 9.84 | 9.33 | 9.33 | 0 | 0 | 0 | 0 | 0 | 0 | -0.1 | 23.08 | 93.98 | -0.1 | 23.08 | 93.98 | 0 | 0 | 0 | -0.1 | 23.08 | 93.98 | 0.00 | 0 | 0 |
| 22Q4 (16) | 0.22 | 57.14 | 4.76 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.21 | 110.0 | 425.0 | 1.8 | 1300.0 | 820.0 | 0.16 | 300.0 | 700.0 | 29.09 | 176.36 | 452.73 | 0.02 | -50.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.36 | -2.7 | 2.86 | 9.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.13 | 93.26 | 91.28 | -0.13 | 93.26 | 91.28 | 0 | 0 | 0 | -0.13 | 93.26 | 91.28 | 0.00 | 0 | 0 |
| 22Q3 (15) | 0.14 | -12.5 | -73.58 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | -33.33 | 100.0 | -0.15 | -25.0 | 16.67 | 0.04 | 33.33 | 300.0 | 10.53 | 15.79 | 257.89 | 0.04 | 300.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.37 | -5.13 | 42.31 | 9.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.93 | -8.43 | -55.65 | -1.93 | -8.43 | -55.65 | 0 | 0 | 0 | -1.93 | -8.43 | -55.65 | 0.00 | 0 | 0 |
| 22Q2 (14) | 0.16 | -86.32 | -79.22 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.15 | 66.67 | 650.0 | -0.12 | 25.0 | 14.29 | 0.03 | 200.0 | 0 | 9.09 | 81.82 | 0 | 0.01 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.39 | 8.33 | 143.75 | 9.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.78 | -7.23 | -67.92 | -1.78 | -7.23 | -67.92 | 0 | 0 | 0 | -1.78 | -7.23 | -67.92 | 0.00 | 0 | 0 |
| 22Q1 (13) | 1.17 | 457.14 | 20.62 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.09 | 125.0 | -66.67 | -0.16 | 36.0 | -633.33 | 0.01 | -50.0 | 0 | 5.00 | -5.0 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.36 | 2.86 | 125.0 | 9.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.66 | -11.41 | -80.43 | -1.66 | -11.41 | -80.43 | 0 | 0 | 0 | -1.66 | -11.41 | -80.43 | 0.00 | 0 | 0 |
| 21Q4 (12) | 0.21 | -60.38 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 | -20.0 | 0 | -0.25 | -38.89 | 0 | 0.02 | 100.0 | 0 | 5.26 | 78.95 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.35 | 34.62 | 0 | 9.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.49 | -20.16 | 0 | -1.49 | -20.16 | 0 | 0 | 0 | 0 | -1.49 | -20.16 | 0 | 0.00 | 0 | 0 |
| 21Q3 (11) | 0.53 | -31.17 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.05 | 150.0 | 0 | -0.18 | -28.57 | 0 | 0.01 | 0 | 0 | 2.94 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.26 | 62.5 | 0 | 9.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.24 | -16.98 | 0 | -1.24 | -16.98 | 0 | 0 | 0 | 0 | -1.24 | -16.98 | 0 | 0.00 | 0 | 0 |
| 21Q2 (10) | 0.77 | -20.62 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | -92.59 | 0 | -0.14 | -566.67 | 0 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.16 | 0.0 | 0 | 9.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.06 | -15.22 | 0 | -1.06 | -15.22 | 0 | 0 | 0 | 0 | -1.06 | -15.22 | 0 | 0.00 | 0 | 0 |
| 21Q1 (9) | 0.97 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.27 | 0 | 0 | 0.03 | 0 | 0 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.16 | 0 | 0 | 9.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.92 | 0 | 0 | -0.92 | 0 | 0 | 0 | 0 | 0 | -0.92 | 0 | 0 | 0.00 | 0 | 0 |
