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)254.73-18.36299.215.2115.56-4.89002035.95-15.1129.76-63.94380.42-5.2518.6911.62379.31-13.5491.5943.11330.46-5.895.13-6.99196.680.042.724.250.76509.3694.47-52.56187.93-22.29-33.88060.59-59.170.425.31
2022 (9)312.0375.49259.76.8916.3639.12002398.376.1482.52-0.67401.521.6416.7414.6438.7-12.5264.0-14.38350.8231.38102.28-2.95196.680.034.3830.288.33-34.15199.1418.02241.8516.4-50.760148.38-7.490.407.26
2021 (8)177.81-21.11242.9514.9711.7610.63002259.6117.8783.0866.56330.07-9.5714.61-23.28501.4842.7174.75-62.38267.0219.38105.3915.57196.680.026.3920.8312.65107.72168.7330.29207.7831.98-8.330160.437.270.37-4.01
2020 (7)225.4109.07211.326.1810.63165.75001917.0212.9349.8839.52365.0216.6219.043.27351.3925.99198.69-6.2223.6734.1391.1979.9196.680.021.8419.616.09262.5129.521.38157.4324.31-12.650116.8516.150.3932.61
2019 (6)107.8112.08199.0234.594.0-83.06001697.548.9735.75-11.4313.011.3518.442.18278.9111.28211.82-4.66166.752.7250.691.48196.680.018.2628.321.68-56.25106.6918.61126.6417.24-6.090100.613.970.2957.76
2018 (5)96.1944.93147.87-9.0723.6136.32001557.8313.8240.35-23.74281.1-0.0518.04-12.19250.6324.2222.1715.26162.3424.5249.95-0.18196.680.014.2359.173.84089.954.5108.0213.69-1.68088.277.330.196.0
2017 (4)66.37-2.75162.62101.4917.32-60.84001368.625.6452.9121.86281.2511.0320.555.1201.7918.25192.765.14130.3728.2850.042365.02196.680.08.9494.350086.0835.6295.0139.6-3.84082.2414.130.1868.25
2016 (3)68.25-24.4780.71-43.5144.2373.25001295.54-2.6743.42100.18253.311.0719.553.84170.654.14183.34-2.73101.63-33.372.032.53196.680.04.689.30063.4792.1668.0691.938.59-54.2872.0639.060.10-20.2
2015 (2)90.360.52142.881.0625.53-21.951.8116.031331.02-0.3121.69-26.99250.62-11.1818.83-10.91163.87-7.79188.490.85152.54-4.091.98-4.81196.680.02.4300033.0329.1735.4638.6818.79-9.3151.8211.950.13-14.58
2014 (1)89.89-21.7141.3843.3632.71-20.361.5624.81335.1111.9829.71319.04282.1782.4221.1362.91177.7221.13186.9114.07159.05-8.062.0818.86196.680.0000025.57025.57020.7255.5646.29423.050.1524.72
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)254.7311.73-18.36299.212.5615.2115.56-44.86-4.89000506.670.59-9.714.26-64.5614.52380.42-6.6-5.2518.69-4.111.62379.31-1.19-13.5491.59-2.7143.11330.460.3-5.895.13-2.13-6.99196.680.00.042.70.024.250.760.0509.3694.475.65-52.56187.932.76-22.29-33.88-23.9233.2560.59-2.4-59.170.420.445.31
23Q3 (19)227.98-16.1-34.47265.8118.0-34.7528.2234.048.84000503.7-3.34-16.1312.0217.38-81.11407.37.16-14.1319.4812.130.88383.867.09-28.1194.143.9558.32329.47-3.64-10.7897.2-1.86-6.55196.680.00.042.70.024.250.760.0509.3689.42-27.72-54.27182.89-15.78-23.24-27.341.335.9962.08-35.34-59.390.423.376.9
23Q2 (18)271.74-24.6346.49225.26-20.65-37.3221.06-40.4921.52000521.123.3-17.0110.24216.054.28380.071.43-11.8417.386.38-2.16358.45-9.61-36.2590.5642.9358.54341.92-10.8214.1499.04-2.13-6.36196.680.00.042.724.224.250.76509.36509.36123.71-24.67-6.26217.174.9524.32-27.75.7539.3996.01-28.7911.290.41-3.6-4.12
23Q1 (17)360.5215.5481.13283.899.31-13.3735.39116.32144.91000504.46-10.11-17.123.24-12.9-39.33374.72-6.677.0916.33-2.4310.13396.56-9.61-29.6663.36-1.0-17.4383.429.2951.86101.2-1.06-4.89196.680.00.034.380.030.288.330.0-34.15164.22-17.5431.47206.93-14.4426.22-29.3942.1-56.83134.83-9.1326.990.425.232.83
22Q4 (16)312.03-10.3275.49259.7-36.256.8916.36-13.7139.12000561.17-6.57-9.33.72-94.15-62.61401.5-15.3521.6416.74-13.3214.6438.7-17.83-12.5264.07.64-14.38350.82-5.031.38102.28-1.66-2.95196.680.00.034.380.030.288.330.0-34.15199.141.8318.02241.851.516.4-50.76-18.85-509.36148.38-2.92-7.490.401.957.26
22Q3 (15)347.9287.56106.73407.413.3630.0318.969.4165.3000600.6-4.355.063.64548.07356.2474.3210.0340.6219.318.7426.67533.92-5.0511.2559.464.1-11.99369.2923.2850.18104.01-1.661.95196.680.00.034.380.030.288.330.0-34.15195.5648.1924.16238.2736.421.23-42.716.5414.13152.8577.1841.830.39-7.290.44
22Q2 (14)185.5-6.8-12.64359.399.6651.1617.3319.9363.49000627.943.1712.169.8283.9-74.19431.123.230.4717.7619.7515.95562.31-0.2633.8657.12-25.54-15.25299.5518.6416.46105.77-0.592.18196.680.00.034.3830.2830.288.33-34.15-34.15131.975.65-7.81174.686.54-4.12-45.7-143.86-204.2686.27-18.74-32.670.423.3912.0
22Q1 (13)199.0411.94-15.76327.7234.8945.1614.4522.8743.35000608.66-1.6319.575.34-46.33-74.72349.916.0113.6414.831.53-2.03563.7912.4357.0676.712.62-62.03252.49-5.444.56106.40.9617.18196.680.00.026.390.020.8312.650.0107.72124.91-25.97-14.08163.95-21.09-5.4-18.74-124.97-1301.28106.17-33.81-27.750.419.7612.53
21Q4 (12)177.815.65-21.11242.95-22.4614.9711.762.5310.63000618.728.178.299.95-28.67-43.5330.07-2.15-9.5714.61-4.2-23.28501.484.4942.7174.7510.64-62.38267.028.5919.38105.393.315.57196.680.00.026.390.020.8312.650.0107.72168.737.1230.29207.785.7131.98-8.3383.2534.15160.448.8437.270.37-4.54-4.01
21Q3 (11)168.3-20.74-5.99313.3231.7929.9111.478.21179.08000572.012.1710.6513.95-63.34-31.82337.312.09-6.1215.25-0.45-23.43479.9414.2546.7267.560.24-64.21245.9-4.438.4102.02-1.4410.07196.680.00.026.390.020.8312.650.0107.72157.5110.0335.46196.557.8836.3-49.74-231.16-302.1107.77-15.893.710.393.38-4.83
21Q2 (10)212.34-10.1437.68237.755.3121.0910.65.1665.62000559.849.9828.1938.0580.16300.95330.417.318.5315.321.18-5.75420.0817.0255.6467.4-66.64-67.79257.216.5135.05103.5114.088.34196.680.00.026.3920.8320.8312.65107.72107.72143.15-1.5349.46182.195.1347.28-15.02-1062.82-17.9128.13-12.854.30.383.8824.41
21Q1 (9)236.294.8369.82225.766.83-4.2710.08-5.17183.94000509.04-10.929.8621.1219.93806.44307.92-15.6423.8715.14-20.52.98358.972.1643.45202.051.69-1.02241.497.9752.2690.8-0.4382.51196.680.00.021.840.019.616.090.0262.5145.3812.2633.35173.310.0834.371.56112.33115.03146.9425.7548.970.36-6.3722.74
20Q4 (8)225.425.9109.07211.32-12.386.1810.63158.64165.75000571.3410.5224.5817.61-13.93177.76365.021.5916.6219.04-4.383.27351.397.4225.99198.695.27-6.2223.6725.8934.1391.19-1.6279.9196.680.00.021.840.019.616.090.0262.5129.511.3721.38157.439.1724.31-12.65-2.26-107.72116.8512.4516.150.39-5.3532.61
20Q3 (7)179.0316.0856.66241.1922.8411.04.11-35.78-78.07000516.9518.3720.7720.46115.6102.57359.3128.919.0919.9122.540327.1121.1922.99188.75-9.8-13.52177.67-6.7242.4992.6968.6561.88196.680.00.021.840.019.616.090.0262.5116.2821.415.93144.216.5719.92-12.372.9-2095.16103.9125.132.960.4135.1455.62
20Q2 (6)154.2310.8551.92196.34-16.757.886.480.28-72.73000436.7311.415.929.49307.3-8.93278.7612.140.9816.2510.540269.917.8619.54209.252.51-5.35190.4620.0932.354.9610.4712.85196.680.00.021.8419.6119.616.09262.5262.595.78-12.146.19123.7-4.0912.3-12.74-22.74-445.2683.04-15.82-11.560.302.4957.4
20Q1 (5)139.1429.0619.18235.8418.5-9.463.55-11.25-65.83000392.0-14.53-1.642.33-63.25-73.82248.59-20.58-9.5214.70-20.270250.24-10.2812.02204.13-3.63-12.0158.6-4.8932.7549.75-1.850.24196.680.00.018.260.028.321.680.0-56.25109.022.1810.8128.971.8410.74-10.38-70.44-430.5798.64-1.95-2.850.301.1550.76
19Q4 (4)107.81-5.660.0199.02-8.40.04.0-78.660.0000.0458.627.140.06.34-37.230.0313.03.740.018.4400.0278.914.870.0211.82-2.960.0166.7533.730.050.69-11.470.0196.680.00.018.260.00.01.680.00.0106.696.370.0126.645.310.0-6.09-1082.260.0100.6-0.320.00.2911.080.0

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