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5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
2025 (5)157.3411.5927.3929.2229.9215.1900894.069.5539.62559.23160.7159.7417.9845.81257.586.43172.2196.59263.99-15.198.645.88450.00.048.241.0700268.6915.75316.9313.25174.91252.14443.657.420.05-28.32
2024 (4)141.0-16.8821.299.25199.6122.2700816.18.86.010100.611.8712.33-6.37242.011.3987.6-29.93311.28-32.348.1635.1450.07.6647.730.000232.122.24279.851.8549.67-61.45281.79-20.820.08-6.82
2023 (3)169.63-16.8610.64-0.4789.8183.1900750.06-20.65-11.47098.76-0.9413.1724.84238.711.29125.016.22460.063.986.04-22.86418.05.0347.7338.9900227.03-21.12274.76-14.71128.85-10.28355.88-17.510.08-2.6
2022 (2)204.03-34.010.69-25.2431.71303.9500945.3-5.06129.27-4.9199.7-17.9810.55-13.6214.4834.55117.6914.35442.4689.867.83-27.03398.00.034.3465.4900287.8138.82322.1541.24143.6219.19431.4331.60.08-1.02
2021 (1)309.14163.2314.3-21.477.85-84.300995.764.08135.95942.56121.5524.2212.21-24.29159.4112.73102.9218.18233.0513.4910.7320.43398.00.020.758.4700207.33156.12228.08127.9120.553.11327.83105.340.0815.67
資產負債表-近8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
26Q1 (8)255.2162.238.8752.5191.71-14.17420.6382.95110.69000382.5343.6791.33101.14195.561027.04220.1536.9985.720.4513.7540.54252.32-2.047.19178.973.9398.44270.422.44-17.547.92-8.336.02450.00.00.048.240.01.07000350.730.5258.54398.9425.8848.34171.64-1.87258.85522.3417.7594.150.05-6.4-34.64
25Q4 (7)157.34-8.5411.5927.39-71.4529.2229.923.1915.19000266.2522.342.4434.2216.28628.09160.7120.8259.7417.9810.10257.582.016.43172.2152.1696.59263.995.24-15.198.646.85.88450.00.00.048.240.01.07000268.6914.8615.75316.9312.3213.25174.91121.55252.14443.641.7857.420.05-15.66-28.32
25Q3 (6)172.03-15.3310.9595.93194.81295.91222.8111.5912.36000217.713.582.1529.43324.3132800.0133.0212.2114.5716.3311.570252.5116.759.52113.1827.333.79250.84-34.12-20.198.090.62-13.75450.00.00.048.240.01.07000233.9314.4-1.69282.1611.64-1.2478.95117.37-23.36312.8829.93-8.240.06-8.63-12.22
25Q2 (5)203.1710.5551.5232.54-46.81259.96199.670.02107.15000210.185.13-2.17-13.12-20.26-176.15118.550.05.6114.630.580216.29-8.12-3.5988.89-1.44-20.99380.7616.1-17.328.047.6333.55450.00.07.6648.241.071.07000204.49-7.56-14.66252.73-6.03-12.0436.32-24.06-66.81240.81-10.49-31.010.07-9.39-7.33
25Q1 (4)183.7830.340.061.18188.580.0199.640.020.0000.0199.936.960.0-10.91-68.360.0118.5517.830.014.5500.0235.4-2.730.090.192.960.0327.955.360.07.47-8.460.0450.00.00.047.730.00.0000.0221.21-4.70.0268.94-3.90.047.83-3.70.0269.04-4.520.00.082.650.0

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