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
資產負債表-近10年
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)724.79-9.02589.74-21.19113.85-41.5009467.15-11.7976.685.211937.151.320.4614.84951.03-14.7874.48-7.46152.8630.9414.62-15.1440.710.0233.143.2619.43-76.33472.9120.69725.483.69-3.870469.0425.940.1013.54
2022 (9)796.655.99748.32-36.81194.6321.130010732.5-13.1472.88-42.311912.21-34.117.82-24.131115.94-2.9780.48-3.84116.7426.6317.2211.17440.710.0225.775.882.0712.94391.85-4.53699.690.46-19.430372.4213.410.094.15
2021 (8)751.62-15.671184.2227.56160.6879.870012356.817.8126.3334.942901.6624.9623.486.071150.1219.6183.695.2792.19-19.015.492.86440.710.0213.394.5372.6777.16410.467.87696.5211.33-82.070328.396.680.086.1
2020 (7)891.2733.91928.3952.3189.33-50.890010489.36.9993.6234.592322.121.1122.1413.2961.5222.5979.58.62113.8233.5115.06-3.03440.710.0204.153.5341.02-45.07380.524.59625.668.38-72.670307.8316.440.083.1
2019 (6)665.59-5.32609.52-15.75181.893.72009804.421.3269.56-21.961917.37-5.9119.56-7.13784.34-0.973.19-0.6185.25-22.4915.532.44440.710.0197.194.7374.68-15.43305.4-5.74577.27-3.88-41.030264.375.990.0816.49
2018 (5)702.970.33723.528.02175.36182.79009677.069.0289.1355.012037.7414.8821.065.37791.4913.8673.64-37.64109.98-48.2515.1617.98440.71-0.27188.283.1588.31103.48324.01-4.6600.66.19-74.590249.42-0.450.075.77
2017 (4)700.63-3.96565.1629.9862.01-22.17008876.5715.7657.5-29.281773.871.1419.98-12.63695.1344.5118.080.7212.52-11.2812.85-0.46441.92-0.11182.534.6643.435.62339.65-1.98565.572.29-89.110250.54-16.560.067.7
2016 (3)729.5116.25434.8147.4979.67-43.96007668.1-9.581.31-6.381753.896.3922.8717.55481.053.41117.26-0.53239.5566.8512.918.12442.42-1.05174.45.2432.01.94346.57.72552.896.58-46.250300.256.320.068.62
2015 (2)627.52-16.0294.81-36.86142.17291.22008473.060.1986.8523.651648.62-7.8419.46-8.02465.2-30.85117.880.8143.57-29.9811.9415.36447.111.08165.714.4331.39-59.28321.6733.22518.788.71-39.270282.434.430.0516.75
2014 (1)747.0859.07466.92-10.1636.34759.1008457.0122.0870.24184.721788.95-2.6121.15-20.23672.7131.34116.9525.73205.0445.3510.35-20.02442.320.22158.681.5877.08-12.6241.4621.82477.227.82-31.390210.0773.430.05-10.63
資產負債表-近20季
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)724.797.93-9.02589.74-20.27-21.19113.8563.02-41.50002416.71-3.99-2.8317.86-25.4966.291937.15-12.821.320.46-12.1714.84951.03-16.16-14.7874.48-3.13-7.46152.8611.5530.9414.62-9.42-15.1440.710.00.0233.140.03.2619.430.0-76.33472.912.3820.69725.481.543.69-3.87-116.880.08469.04-3.2825.940.1015.9813.54
23Q3 (19)671.544.07-23.56739.69-7.32-36.1569.84-44.99-69.060002517.143.22-13.5123.9714.5817.52222.07-0.57-11.9323.303.5310.111134.3110.51-14.4876.891.76-7.17137.03-6.2731.7516.142.15-10.38440.710.00.0233.140.03.2619.430.0-76.33461.935.4821.59714.53.473.8923.03328.7245.28484.9613.3425.450.09-0.281.17
23Q2 (18)645.26-25.25-23.96798.15-3.94-23.52126.9627.2-46.350002438.7116.43-8.220.9250.183.722234.8328.59-0.222.5031.4124.441026.44-13.02-30.8675.56-2.18-8.79146.29.7522.4815.8-6.67-2.65440.710.00.0233.143.263.2619.43-76.33-76.33437.9421.0721.75690.513.133.44-10.0761.5875.65427.8727.5334.410.090.350.26
23Q1 (17)863.248.36-2.37830.8511.03-32.5899.81-48.72-41.850002094.59-15.78-21.813.9329.7-35.421737.93-9.11-27.617.13-3.88-12.01180.035.74-13.3577.24-4.03-9.17133.2114.1134.0816.93-1.682.73440.710.00.0225.770.05.882.070.012.94361.71-7.690.1669.55-4.313.42-26.21-34.8953.48335.5-9.9110.00.09-2.160.75
22Q4 (16)796.65-9.325.99748.32-35.41-36.81194.63-13.7721.130002487.06-14.54-32.3910.74-47.35-66.371912.21-24.21-34.117.82-15.8-24.131115.94-15.86-2.9780.48-2.84-3.84116.7412.2426.6317.22-4.3911.17440.710.00.0225.770.05.882.070.012.94391.853.14-4.53699.691.740.46-19.43-391.376.33372.42-3.6613.410.093.344.15
22Q3 (15)878.543.5310.911158.5211.01-7.24225.71-4.6142.650002910.329.55-13.620.41.14-53.122523.0312.67-2.021.1617.01-1.221326.34-10.661.4782.83-0.015.14104.01-12.8758.718.0110.9710.42440.710.00.0225.770.05.882.070.012.94379.915.620.16687.753.033.366.67116.13107.95386.5821.4430.840.08-1.188.09
22Q2 (14)848.59-4.036.781043.64-15.31-1.85236.6337.87161.330002656.5-0.821.7820.17-6.49-18.242239.22-6.729.0818.08-7.07-0.081484.69.0225.0982.84-2.594.61119.3720.1533.5516.23-1.52-1.58440.710.00.0225.775.85.882.0712.9412.94359.69-0.467.08667.523.117.32-41.3526.6149.32318.344.3725.170.090.848.78
22Q1 (13)884.2117.644.681232.324.0643.27171.636.8199.660002678.58-27.18-0.7921.57-32.47-17.672400.49-17.2711.219.46-17.132.491361.8118.4148.985.041.617.5699.357.77-12.1716.486.390.12440.710.00.0213.390.04.5372.670.077.16361.35-11.962.15647.41-7.058.1-56.3431.3518.98305.01-7.127.310.081.1410.1
21Q4 (12)751.62-5.11-15.671184.22-5.1827.56160.681.5579.870003678.359.1910.1331.94-26.61-30.292901.6612.7124.9623.489.626.071150.12-12.0119.6183.696.235.2792.1940.66-19.015.49-5.032.86440.710.00.0213.390.04.5372.670.077.16410.468.217.87696.524.6811.33-82.072.13-12.94328.3911.156.680.087.256.1
21Q3 (11)792.1-0.33-7.361248.8817.4661.76158.2374.7471.990003368.6129.0725.1143.5276.4198.92574.4725.4133.5321.4218.369.161307.1610.1424.8878.78-0.522.9465.54-26.67-34.1216.31-1.094.89440.710.00.0213.390.04.5372.670.077.16379.3212.9213.18665.396.9814.66-83.86-2.78-27.78295.4616.179.620.08-0.55-1.36
21Q2 (10)794.7-5.9236.41063.2623.6147.8790.555.34-9.080002609.94-3.33-1.0124.67-5.8424.162052.79-4.91-5.8618.10-4.68-20.061186.829.7637.1779.190.168.2189.38-20.99-14.5816.490.187.71440.710.00.0213.394.534.5372.6777.1677.16335.92-5.047.22621.983.8511.37-81.59-17.33-39.37254.33-10.52-0.170.082.061.49
21Q1 (9)844.68-5.2331.47860.16-7.3595.9485.96-3.77-38.060002699.92-19.1648.3126.2-42.82333.062158.68-7.0439.7318.99-14.2316.99914.6-4.883.9279.06-0.559.97113.12-0.6230.3216.469.31.35440.710.00.0204.150.03.5341.020.0-45.07353.76-7.0332.31598.92-4.2711.07-69.544.31-49.32284.22-7.6728.720.08-2.540.07
20Q4 (8)891.274.2333.91928.3920.2552.3189.33-2.9-50.890003339.8724.0524.8445.82109.41127.512322.120.4421.1122.1412.8113.2961.52-8.1422.5979.53.888.62113.8214.4133.5115.06-3.15-3.03440.710.00.0204.150.03.5341.020.0-45.07380.513.5324.59625.667.818.38-72.67-10.73-77.11307.8314.2116.440.08-0.293.1
20Q3 (7)855.0646.7654.22772.057.3713.8992.0-7.62-45.530002692.422.127.7321.8810.1221.561927.94-11.59-5.8419.62-13.3201046.7420.99-5.7576.534.586.1799.48-4.920.1615.551.57-5.64440.710.00.0204.150.03.5341.020.0-45.07335.156.9712.61580.323.911.9-65.63-12.11-89.79269.525.792.470.082.3213.99
20Q2 (6)582.64-9.31-11.41719.0663.79-9.8699.59-28.23-40.050002636.5444.834.4619.87228.4310.942180.5941.141.0422.6439.490865.18-1.7-2.9373.181.79-0.44104.6320.5420.0715.31-5.73-10.99440.710.00.0204.153.533.5341.02-45.07-45.07313.317.18-0.88558.463.56-5.01-58.54-25.712.43254.7615.382.220.080.6414.39
20Q1 (5)642.47-3.47-2.09439.0-27.98-35.22138.77-23.7137.570001820.47-31.95-13.566.05-69.96-55.191544.93-19.42-15.4916.23-17.010880.112.21-4.3871.89-1.78-4.2686.81.82-29.0816.244.57-4.25440.710.00.0197.190.04.7374.680.0-15.43267.37-12.45-20.75539.24-6.59-12.17-46.57-13.530.49220.8-16.48-18.340.080.4114.32
19Q4 (4)665.5920.050.0609.52-10.090.0181.897.70.0000.02675.237.040.020.1411.890.01917.37-6.360.019.5600.0784.34-29.380.073.191.540.085.25-14.170.015.53-5.760.0440.710.00.0197.190.00.074.680.00.0305.42.620.0577.271.370.0-41.03-18.650.0264.370.510.00.0810.240.0

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