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)752.3213.41959.4-16.0544.98-18.62008670.57-11.94114.722.781213.3721.0613.9937.471197.2-23.69107.1328.16265.2530.0924.614.42289.98-0.06121.6610.4522.69-74.19262.4658.57406.8111.89-19.350243.1173.640.191.54
2022 (9)663.37-5.441142.79-18.8955.27353.78009846.1914.21111.626.631002.3-37.8110.18-45.551568.89-2.7883.5917.6203.89-37.621.524.28290.16-0.06110.1510.5587.9128.39165.5215.85363.5816.91-25.510140.01188.920.1919.16
2021 (8)701.545.971409.038.0812.180008620.832.02104.6820.571611.6626.3718.6923.871613.7869.7871.081.2326.7329.0217.356.7290.332.2199.648.8868.4793.64142.880.86310.9915.81-94.42048.46-23.320.166.96
2020 (7)662.0439.641020.477.8400008450.12-3.7986.8227.661275.33-3.315.090.5950.5411.0870.244.42253.2460.7711.0415.24284.060.091.518.0335.36-14.34141.6620.05268.5310.06-78.46063.2-23.520.1524.18
2019 (6)474.128.92573.78-5.9624.070008782.55-1.2768.0138.571318.8511.4315.0212.86855.7-4.5167.273.27157.52-22.159.58-11.05284.06-0.0584.716.1541.282.94118.014.21243.999.3-35.36082.6433.20.1290.15
2018 (5)435.29-34.03610.13-26.1300008895.366.3949.0826.31183.5325.0413.3117.53896.14-2.8565.146.42202.342660.4410.771.8284.213.479.85.1240.10103.32-24.78223.224.67-41.28062.04-36.210.06219.88
2017 (4)659.8614.64825.9584.5281.34464.47008360.8126.738.8631.24946.525.4811.32-16.74922.4141.4461.213.267.33-93.6610.58-15.16274.873.7175.914.0600137.35-2.24213.27-0.08-40.1097.25-33.780.0283.29
2016 (3)575.61-1.71447.62-41.8714.41768.07006599.085.8829.61121.96897.33-1.8913.60-7.34652.16-3.5459.281.4115.68-17.7712.47-38.18265.033.7172.951.8600140.493.26213.44-3.696.36-78.88146.85-11.630.0146.67
2015 (2)585.65.15770.029.341.66-90.74006232.745.2213.34-62.74914.61-8.9414.67-13.45676.11-8.3458.46-0.26140.68-29.1320.1730.38255.553.5371.625.2613.94-50.02136.06-9.65221.62-10.130.1212450.0166.1810.180.01145.28
2014 (1)556.92-20.54704.2329.0917.92-28.89005923.47-5.0735.8-37.751004.3616.716.9622.94737.6447.5758.617.01198.51-29.9515.47-7.81246.833.7968.049.2327.89-27.43150.59-5.89246.51-5.450.240150.8318.930.002074.79
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)752.3231.9513.41959.4-7.72-16.0544.98-45.98-18.620002305.46.22-12.6333.37-29.03-18.131213.37-15.5621.0613.99-12.3237.471197.2-10.42-23.69107.1315.0528.16265.250.5630.0924.618.3314.42289.980.0-0.06121.660.010.4522.690.0-74.19262.4614.5158.57406.818.911.89-19.35-171.1924.15243.11-5.1873.640.195.541.54
23Q3 (19)570.14-7.69-19.011039.65-6.27-13.8383.263.93-3.080002170.44.61-13.2247.0244.3227.221437.013.940.2815.9618.0853.341336.47-4.01-29.4293.121.5417.15263.78-10.0815.5120.79-2.0713.73289.98-0.01-0.11121.660.010.4522.690.0-74.19229.2126.3288.46373.5614.6616.8627.18673.4211717.39256.3945.09110.410.180.471.76
23Q2 (18)617.652.690.421109.22-0.86-14.9980.11-40.17-33.460002074.77-2.13-15.0432.581772.41-23.341261.6222.742.5313.5227.574.841392.37-5.84-25.4491.714.1218.32293.35112.9730.521.230.6216.27290.0-0.01-0.11121.6610.4510.4522.69-74.19-74.19181.458.24115.6325.8-10.9115.45-4.7481.490.86176.7124.3447.260.18-9.727.28
23Q1 (17)601.49-9.33-12.241118.85-2.09-19.92133.89142.251458.670002120.0-19.65-6.381.74-95.73120.231027.852.55-21.9510.594.08-26.71478.74-5.75-18.6288.085.3719.67137.74-32.44-59.0221.1-1.8623.68290.02-0.05-0.11110.150.010.5587.910.028.39167.641.2824.98365.690.5821.0-25.480.1264.68142.161.54129.330.206.0618.12
22Q4 (16)663.37-5.76-5.441142.79-5.28-18.8955.27-35.67353.780002638.545.50.1540.7610.28-24.181002.3-2.16-37.8110.18-2.2-45.551568.89-17.15-2.7883.595.1617.6203.89-10.72-37.621.517.6124.28290.16-0.04-0.06110.150.010.5587.910.028.39165.5236.115.85363.5813.7416.91-25.51-11191.372.98140.0114.9188.920.195.7719.16
22Q3 (15)703.9214.451.941206.5-7.54-5.5985.91-28.64600.730002501.032.4113.4836.96-13.04346.921024.38-16.75-31.0310.41-19.26-41.761893.61.432.1479.492.5512.8228.361.59-34.5818.280.1127.83290.29-0.01-0.02110.150.010.5587.910.028.39121.6244.5138.41319.6713.2724.880.23100.44100.23121.85277.361074.80.185.9214.46
22Q2 (14)615.06-10.2618.491304.84-6.6120.84120.391301.51881.970002442.167.8521.5742.5594.192.361230.51-6.56-12.4312.89-10.8-24.011867.412.7663.0177.515.319.45224.79-33.12-28.5618.267.0358.92290.31-0.01-0.02110.1510.5510.5587.9128.3928.3984.16-37.254.55282.21-6.6213.52-51.8728.145.3432.29-47.91324.390.17-0.5915.38
22Q1 (13)685.39-2.315.631397.25-0.8326.558.59-29.47-31.550002264.46-14.0527.68-8.6-116.0-861.061316.9-18.299.9314.45-22.692.381817.1812.663.073.63.55-1.08336.092.8653.5717.06-1.3962.63290.330.0-0.0199.640.08.8868.470.093.64134.13-6.12-6.06302.23-2.8212.08-72.1423.69.4261.9927.92-1.840.176.998.0
21Q4 (12)701.541.65.971409.010.2538.0812.18-0.6500002634.5319.5413.2953.76550.06131.131611.668.5126.3718.694.6223.871613.7812.6169.7871.080.871.2326.73-6.429.0217.320.9856.7290.33-0.02.2199.640.08.8868.470.093.64142.8862.60.86310.9921.4915.81-94.425.93-20.3448.46487.68-23.320.161.66.96
21Q3 (11)690.533.0252.981277.9518.3522.4912.260.0-88.290002203.929.711.298.27-80.08-70.291485.35.724.117.875.3428.811433.0125.0931.8270.47-0.495.79349.0810.944075.614.324.4643.86290.34-0.012.2199.640.08.8868.470.093.6487.879.16-27.73255.982.963.03-100.37-5.78-77.43-12.513.13-119.220.166.7716.4
21Q2 (10)519.09-12.439.851079.8-2.234.7212.26-2.31-88.650002008.7913.26-9.1541.523574.3445.941405.2417.316.7216.9620.1721.371145.562.769.0870.82-4.817.61314.6743.782603.3511.499.5314.9290.360.02.2299.648.88068.4793.64080.5-43.620248.61-7.8112.67-94.89-19.15-153.58-14.39-122.7961.540.15-6.9618.06
21Q1 (9)592.75-10.470.731104.098.257.8312.55000001773.59-23.732.061.13-95.14-84.461197.94-6.0737.5314.12-6.4737.081114.8317.2810.074.45.9210.55218.85-13.5881.1410.49-4.9814.15290.362.222.2291.510.08.0335.360.0-14.34142.790.814.81269.660.427.71-79.64-1.5-103.5363.15-0.08-25.920.165.9623.18
20Q4 (8)662.0446.6739.641020.4-2.1977.840-100.0-100.00002325.396.87-7.0623.26-16.45-18.011275.336.56-3.315.098.790.5950.54-12.5611.0870.245.454.42253.242929.1960.7711.0411.0715.24284.060.00.091.510.0035.360.00141.6616.510268.538.0810.06-78.46-38.7-121.8963.2-2.8278.730.1510.5824.18
20Q3 (7)451.37-4.486.041043.330.1654.47104.74-3.0200002175.94-1.590.627.84-2.1461.671196.81-0.59-11.6413.87-0.7401087.063.5121.566.611.223.958.36-28.18-94.859.94-0.61.33284.060.00.091.5108.0335.360-14.34121.59031.88248.4612.613.87-56.57-51.18-120.265.02273.76-2.240.138.2919.15
20Q2 (6)472.56-19.7-4.51801.5314.5825.26108.0000002211.0727.247.5728.45291.33127.241203.9238.2211.1813.9835.7201050.223.6330.9565.81-2.212.7511.64-90.37-92.1810.08.81-4.21284.060.0-0.050-100.0-100.00-100.0-100.00-100.0-100.0220.66-11.869.43-37.424.37-31.21-37.42-143.9-179.380.12-2.9214.65
20Q1 (5)588.4624.1219.02699.5621.92-3.470-100.000001737.71-30.55-15.737.27-74.37-26.57871.02-33.96-11.2610.30-31.4201013.4818.447.2967.30.04-0.53120.82-23.3-40.039.19-4.07-9.9284.060.0-0.0584.7106.1541.2802.94124.37011.11250.352.617.99-39.13-10.66-13.8285.24341.069.920.136.8213.91
19Q4 (4)474.1211.380.0573.78-15.050.024.0700.0000.02502.1215.680.028.3764.750.01318.85-2.630.015.0200.0855.7-4.360.067.274.980.0157.52-3.00.09.58-2.340.0284.060.00.00-100.00.00-100.00.00-100.00.0243.9911.820.0-35.36-37.640.0-35.36-153.160.00.126.090.0

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