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)22.03-19.725.3528.615.18-76.231.291.57221.4519.415.86-34.8419.53-19.068.82-32.2187.8632.8638.0150.5994.98-11.153.196.3350.315.6317.7414.678.590.031.31-9.6757.64-1.8421.05144.252.3620.980.01-37.31
2022 (9)27.4417.064.16-49.2721.79135.821.27-0.78185.472.8824.3424.4424.1353.613.0149.2966.1315.0125.2436.58106.9-0.583.09.0947.630.0415.4714.598.590.034.6627.4758.7219.168.62155.7943.2841.620.02-9.82
2021 (8)23.44101.898.2-11.549.24-7.511.2842.22180.2717.1319.5628.0915.71-34.138.71-43.7657.5-17.8118.48-7.51107.5269.72.75-28.247.610.013.512.138.590.027.1939.5149.2822.863.37-37.4830.5622.830.02-6.32
2020 (7)11.6118.119.2728.939.9942.710.952.54153.9124.3415.27140.4723.8546.1415.5017.5369.9623.9119.9838.2763.3683.553.83882.0547.6113.3612.045.348.590.019.4985.840.1131.475.392350.024.88132.310.02-24.13
2019 (6)9.83-0.37.19-67.767.000.59-1.67123.781.166.3516.5116.32-9.7313.18-10.7756.4627.114.455.0934.52432.720.39-41.7942.00.011.434.968.590.010.4914.1530.516.450.221000.010.7116.290.03-8.3
2018 (5)9.86-35.8122.34.6000.676.47122.367.365.4511.6818.08-0.4414.78-7.2744.4214.3113.75-3.856.48-46.40.67-6.9442.00.010.894.718.590.09.1916.6228.666.70.02-97.789.214.90.03-4.82
2017 (4)15.369.8721.32-3.090.6800.34-79.76113.97-10.384.88-2.9818.16-10.5415.93-0.1838.8617.2614.31.7812.0934.630.72-13.2542.00.010.45.058.590.07.88-5.426.860.190.9-41.188.78-10.950.049.86
2016 (3)13.988.6222.023.6001.6827.27127.1722.855.03-8.7120.311.2915.96-9.433.14-6.4914.050.368.98-6.560.83-6.7442.00.09.96.08.590.08.333.3526.813.161.53-48.149.86-10.450.03-6.08
2015 (2)12.8734.7617.8111.4001.329.09103.52-8.565.51-19.0918.248.2517.6218.3835.4422.4214.0-5.289.6123.520.890.042.00.09.347.858.590.08.06-4.6225.991.132.95-23.1811.01-10.410.03-1.2
2014 (1)9.5577.848.4226.81001.21-44.24113.2112.146.8115.8216.853.1814.88-7.9928.9510.1214.78-4.717.7855.60.8914.142.0-12.58.667.188.59-2.618.4541.5425.712.423.84-18.6412.2914.970.035.75
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)22.03-41.55-19.725.35-70.6528.615.18-2.26-76.231.29-9.151.5758.475.7921.847.917.475.3319.53-24.57-19.068.82-28.14-32.2187.864.132.8638.017.450.5994.98-11.17-11.153.190.316.3350.310.05.6317.740.014.678.590.00.031.3132.78-9.6757.6415.46-1.8421.0511.43144.252.3623.2920.980.01-8.98-37.31
23Q3 (19)37.6968.6476.6218.23239.48229.065.30.38-26.81.4211.8110.0855.2712.1119.277.36207.2934.3125.897.0348.7112.272.533.2984.411.8933.6135.39-16.4359.49106.923.03-11.813.180.3240.7150.310.05.6717.740.014.678.590.00.023.5845.29-12.3449.9217.29-2.0418.89-26.75179.8542.471.0726.210.01-20.87-38.14
23Q2 (18)22.3514.26-13.475.37-4.45371.055.28-57.937.321.270.053.0149.3-15.612.71-6.86-192.2-219.5124.19-1.5563.3411.97-4.2648.7275.4311.6731.6942.3531.28102.24103.785.87-15.183.171.2840.2750.311.685.6717.7414.6714.678.590.00.016.23-61.46-30.1342.56-35.68-10.025.7964.37335.6442.02-27.344.150.022.23-35.17
23Q1 (17)19.56-28.72-21.355.6235.12710.012.55-42.410.871.270.0-24.8558.4121.7123.237.44-0.9332.6224.571.8220.5612.51-3.8810.9767.552.1518.7832.2627.8156.5398.03-8.3-18.83.134.3315.0749.483.883.9315.470.014.598.590.00.042.1121.4928.3866.1712.6920.5515.6982.02148.2657.833.5547.750.02-14.85-31.55
22Q4 (16)27.4428.5817.064.16-24.91-49.2721.79200.97135.821.27-1.55-0.7847.993.56-7.037.5137.0427.2924.1338.653.613.0141.3149.366.134.6915.0125.2413.7436.58106.9-11.83-0.583.032.749.0947.630.040.0415.470.014.598.590.00.034.6628.8527.4758.7215.2319.168.6227.7155.7943.2828.6241.620.02-10.18-9.82
22Q3 (15)21.34-17.38112.135.54385.96-51.457.2447.15-3.211.2955.4289.7146.345.9412.485.48-4.5325.6917.4117.56-20.19.2114.36-22.5563.1710.286.1322.195.9714.62121.24-0.9127.132.260.0-40.3747.610.00.015.470.014.598.590.00.026.915.827.0750.967.7617.86.7514.0256.2533.6515.4432.010.02-17.08-2.83
22Q2 (14)25.833.86226.551.14470.0-85.294.92-56.54-62.440.83-50.8931.7543.74-7.727.655.742.3281.6514.81-27.33-25.88.05-28.56-28.3957.280.72-8.1920.941.610.27122.351.3471.072.26-16.91-40.6847.610.00.015.4714.5928.498.590.00.023.23-29.18-19.247.29-13.85-4.215.92-6.3325.9629.15-25.49-12.860.037.9420.49
22Q1 (13)24.876.1251.270.2-97.56-98.9511.3222.51-34.61.6932.03152.2447.4-8.181.225.61-4.92-8.6320.3829.73-10.2611.2729.32-15.4956.87-1.1-11.9820.6111.534.46120.7312.29152.412.72-1.09-28.847.610.00.013.50.012.138.590.00.032.820.6327.9854.8911.3818.666.3287.5418.1339.1228.0126.280.0212.1910.11
21Q4 (12)23.44133.0101.898.2-28.13-11.549.2423.53-7.511.2888.2442.2251.6225.29-5.535.935.32-28.8315.71-27.9-34.138.71-26.69-43.7657.5-3.39-17.8118.48-4.55-7.51107.5212.7469.72.75-27.44-28.247.610.00.013.50.012.138.590.00.027.1928.4439.5149.2813.9222.863.37-21.99-37.4830.5619.8922.830.02-3.23-6.32
21Q3 (11)10.0627.180.611.4147.23-50.977.48-42.9-62.60.687.94-18.0741.21.416.254.3637.9732.1221.799.1730.3211.895.74-4.3559.52-4.6-35.519.361.9513.9595.3733.35121.333.79-0.52-0.7947.610.03.713.512.1312.138.590.00.021.17-26.3780.9443.26-12.3833.814.32-8.0952.6525.49-23.875.430.022.82-13.5
21Q2 (10)7.9111.727.627.75-59.4-43.6413.1-24.32-12.670.63-5.97040.63-13.2421.653.16-48.5320.1519.96-12.111.0611.24-15.69-25.5662.39-3.44-5.7818.99-3.7542.8971.5249.5343.873.81-0.26-0.7847.610.013.3612.040.00.08.590.00.028.7512.17238.6349.376.7269.544.7-12.151907.6933.457.97306.440.02-1.36-30.81
21Q1 (9)7.08-39.02-29.2719.09105.9321.917.3173.27103.650.67-25.56-29.4746.83-14.2953.896.14-25.93479.2522.71-4.7885.3913.33-13.9538.7264.61-7.652.7519.73-1.2558.647.83-24.5115.533.82-0.26-1.2947.610.013.3612.040.05.348.590.00.025.6331.5121.946.2615.3346.535.35-0.74714.9430.9824.52190.070.02-4.56-26.57
20Q4 (8)11.6116.118.119.27-60.1628.939.99-50.0542.710.98.43054.6454.1854.968.29151.21518.6623.8542.6446.1415.5024.6817.5369.96-24.1923.9119.9817.638.2763.3647.0483.553.830.26882.0547.613.713.3612.040.05.348.590.00.019.4966.5885.840.1124.0631.475.3990.462350.024.8871.23132.310.02-10.64-24.13
20Q3 (7)10.036.05-15.0423.2769.24-26.7820.033.3300.83038.3335.446.1111.873.325.4839.2416.72-15.3414.3612.43-17.71092.2839.3560.7116.9927.8425.9543.09-13.32409.343.82-0.52809.5245.919.319.3112.040.05.348.590.00.011.737.8126.6232.3311.0210.492.831188.461012.914.5376.5562.710.03-17.75-20.58
20Q2 (6)7.35-26.57-28.7813.75-12.2-42.8715.076.4700-100.0-100.033.49.7611.072.63148.11113.8219.7561.2285.2715.1057.12066.225.3125.2313.296.83-4.4649.7120.07530.043.84-0.78481.8242.00.00.012.045.345.348.590.00.08.49-26.4923.5829.12-7.768.29-0.2670.11-146.438.23-22.9410.770.034.68-7.82
20Q1 (5)10.011.83-0.315.66117.8-24.788.521.4300.95058.3330.43-13.713.671.06-20.9-24.8212.25-24.940.499.61-27.09062.8811.3730.3212.44-13.91-11.0241.419.93601.693.87892.31460.8742.00.00.011.430.04.968.590.00.011.5510.111.2731.573.475.76-0.87-495.45-217.5710.68-0.28-3.960.03-1.39-10.05
19Q4 (4)9.83-16.480.07.19-77.380.07.000.00-100.00.035.2611.30.01.34-43.460.016.3211.630.013.1800.056.46-1.670.014.457.120.034.52308.040.00.39-7.140.042.00.00.011.430.00.08.590.00.010.4913.530.030.514.270.00.22170.970.010.7119.930.00.03-6.460.0

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