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)481.342.769.77-40.860.4-31.03002413.08-12.3949.32-1.44523.081.8421.6816.24435.533.1722.5412.36115.6514.46188.551.75304.790.030.1119.7273.14-1.1481.6663.84184.9124.136.65088.311208.30.079.73
2022 (9)468.434.9816.5231.740.58190.0002754.24-13.6650.04-54.08513.64-19.818.65-7.1422.13-28.0920.0614.17101.040.04185.3112.13304.790.025.1572.7373.9853.0449.84-52.96148.97-11.78-43.0906.75-70.750.0679.28
2021 (8)446.213.8812.5421.870.211.11003190.0515.12108.9780.74640.4116.0220.080.78587.0436.5717.57-0.06101.0197.5165.271.44304.790.014.5670.4948.3421.58105.9675.46168.8655.36-82.88023.08342.150.0433.47
2020 (7)391.8162.0110.29-31.670.1880.0002771.1218.2860.29128.98551.9811.6519.92-5.61429.834.7517.58-15.2433.95-41.81162.93-3.76304.79-0.888.5445.2439.7635.1960.39126.35108.6975.42-55.1705.2200.0316.39
2019 (6)241.84-11.3615.06129.220.1150.0002342.85-3.326.33-13.95494.394.0321.107.57410.34-2.4820.743.858.3475.93169.3-2.2307.490.05.88108.5129.4116.0626.68-13.5561.965.0-43.420-16.7400.0287.91
2018 (5)272.83-19.696.5736.020.04-99.85002422.72.1130.68.66475.261.3619.62-0.73420.764.9819.9816.8433.160.48173.110.74307.49-0.052.82025.34030.869.5959.01109.55-33.810-2.9500.017.58
2017 (4)339.7-23.34.83368.9327.02-54.97002372.751.9628.160468.885.8119.763.78400.792.5217.17.1433.00171.84-7.59307.65-0.14000028.16028.160-31.990-3.8300.0116215.98
2016 (3)442.9-0.741.03-96.0160.0-22.74002327.24-11.77-49.00443.12-8.1219.044.14390.9514.8415.9618.3100185.96-30.11308.07-0.151.4555.9113.0755.97-49.00-34.480-15.130-64.1300.00128.35
2015 (2)446.22-6.1825.84715.1477.667.34002637.75-19.996.04-66.28482.26-18.5318.281.83340.44-6.9813.497.4900266.09-0.45308.5410.330.9308.3805.2-42.4814.5260.622.29-72.937.49-57.20.00-7.93
2014 (1)475.5910.643.17-18.7272.35301.94003296.84-8.4517.910591.92-4.6917.954.11366.02.9112.55-28.9494.8-41.39267.28-6.94279.66-1.3400009.0409.0408.46017.500.00-7.22
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)481.34-8.162.769.773.61-40.860.442.86-31.03000631.46-6.375.5310.17-49.35222.24523.08-10.251.8421.68-11.4816.24435.53-3.263.1722.545.4312.36115.65-0.1214.46188.55-2.971.75304.790.00.030.110.019.7273.140.0-1.1481.6614.2363.84184.915.8224.136.65-74.86115.4388.31-9.831208.30.077.59.73
23Q3 (19)524.129.367.49.43-19.13-72.130.28-3.45-50.88000674.4515.763.9420.0844.257.04582.794.57-10.6524.493.4413.43450.224.7-22.5521.3816.453.69115.7914.8514.59194.332.856.34304.790.00.030.110.019.7273.140.0-1.1471.49272.5422.0174.7442.7110.7826.45-8.57155.4497.94103.53799.360.074.0222.04
23Q2 (18)479.5115.4383.5111.66-22.73-83.20.29-59.72-47.27000582.6111.06-19.4413.92170.29-19.26557.3410.83-26.3423.6717.44-0.4430.038.99-32.2218.36-1.713.38100.82-0.090.41188.951.567.96304.790.00.030.1119.7219.7273.14-1.14-1.1419.19107.01-51.83122.4412.94-11.8928.93195.2143.2548.12327.84277.890.06-10.4140.97
23Q1 (17)415.41-11.3247.915.09-8.66-13.670.7224.14242.86000524.57-12.33-33.075.15161.9-76.96502.9-2.09-27.720.168.08-5.58394.57-6.53-38.2118.68-6.885.72100.91-0.13-0.09186.040.398.95304.790.00.025.150.072.7373.980.053.049.27-81.4-84.24108.41-27.23-10.94-30.3929.4752.32-21.12-412.89-330.140.079.5372.26
22Q4 (16)468.4349.614.9816.52-51.1731.740.581.75190.0000598.37-7.78-30.85-8.32-144.35-137.14513.64-21.25-19.818.65-13.62-7.1422.13-27.38-28.0920.06-2.7214.17101.04-0.010.04185.311.4112.13304.790.00.025.150.072.7373.980.053.0449.84-14.95-52.96148.97-5.55-11.78-43.099.6848.016.75-38.02-70.750.0619.5679.28
22Q3 (15)313.119.82-5.4333.83-51.25161.440.573.64307.14000648.87-10.28-20.0318.768.82-37.84652.22-13.812.0821.59-9.1716.9581.31-8.37-0.5420.6216.116.1101.050.640.26182.744.4111.26304.790.00.025.150.072.7373.980.053.0458.647.09-30.9157.7313.56.79-47.7128.6742.8810.89140.26757.480.0520.1556.29
22Q2 (14)261.3-6.97-13.8469.4297.03408.050.55161.9139.13000723.22-7.73-9.3517.24-22.86-40.49756.668.7829.7623.7711.3327.98634.42-0.658.0617.760.51-2.52100.41-0.5896.54175.022.56.55304.790.00.025.1572.73194.573.9853.0486.0739.84-32.28-41.83138.9714.1618.98-66.89-4.940.82-27.05-450.92-2676.190.049.4732.07
22Q1 (13)280.88-37.05-17.6417.4839.39249.60.215.0-12.5000783.78-9.429.5422.35-0.22-18.52695.578.6136.2321.356.3425.35638.598.7826.5917.670.57-1.34101.00.0195.58170.753.324.9304.790.00.014.560.070.4948.340.021.5858.83-44.4839.77121.73-27.9134.66-63.7423.09-16.7-4.91-121.2760.810.0414.026.84
21Q4 (12)446.234.7813.8812.54-3.0921.870.242.8611.11000865.36.644.7322.4-25.7812.45640.4110.0516.0220.088.710.78587.040.4436.5717.57-1.07-0.06101.00.21197.5165.270.631.44304.790.00.014.560.070.4948.340.021.58105.9624.9575.46168.8614.3355.36-82.880.78-50.2323.081717.32342.150.044.2333.47
21Q3 (11)331.079.17-3.3312.94-5.273.190.14-39.13-22.22000811.421.711.3530.184.1832.08581.9-0.21-0.2918.47-0.55-18.97584.44-0.4555.0317.76-2.52-16.85100.7997.28196.7164.24-0.01-0.63304.790.00.014.5670.4970.4948.3421.5821.5884.823.81109.38147.726.4666.31-83.53-23.86-34.471.2720.95105.870.031.5337.95
21Q2 (10)303.27-11.07-10.0613.66173.212.240.23-4.1753.33000797.7811.4921.6628.975.61142.43583.1314.215.618.579.04-12.06587.1116.3962.818.221.73-15.3351.0949.5250.75164.260.91-1.66304.790.0-0.888.540.00.039.760.00.068.4962.72287.83116.829.277.08-67.44-23.47-20.391.05108.38102.740.035.1443.16
21Q1 (9)341.03-12.9620.895.0-51.41-92.270.2433.3384.62000715.55-13.3946.4627.4337.7391.58510.6-7.528.917.03-14.5-1.79504.4417.3647.9717.911.88-15.0834.170.652.21162.78-0.09-4.04304.790.0-0.888.540.045.2439.760.035.1942.09-30.3124.7290.4-16.8367.38-54.621.08.23-12.53-340.0469.280.0319.9635.5
20Q4 (8)391.8114.4162.0110.29-17.94-31.670.180.080.0000826.193.1934.1619.92-12.82484.16551.98-5.4211.6519.92-12.6-5.61429.8314.024.7517.58-17.7-15.2433.95-0.06-41.81162.93-1.42-3.76304.790.0-0.888.540.045.2439.760.035.1960.3949.11126.35108.6922.3875.42-55.1711.19-27.065.22124.14131.180.037.7316.39
20Q3 (7)342.461.5622.612.543.0413.070.1820.0350.0000800.6422.0927.3522.8591.2194.3583.6115.6917.7622.797.920376.984.53-14.6321.36-0.74-0.9333.970.24-41.55165.28-1.05-4.6304.79-0.88-0.888.540.045.2439.760.035.1940.5129.3376.4788.8134.6452.52-62.12-10.89-94.61-21.6243.64-141.030.025.3665.37
20Q2 (6)337.1919.5322.6912.17-81.19132.70.1515.38275.0000655.7634.2318.9511.95114.16192.18504.4527.356.6821.1221.780360.645.79-21.2821.522.048.8533.891.38-41.71167.04-1.53-4.37307.490.00.08.5445.2445.2439.7635.1935.1917.66-5.7157.8265.9622.1341.94-56.025.88-134.59-38.365.96-202.290.02-0.4970.8
20Q1 (5)282.0916.646.5864.69329.551501.240.1330.0225.0000488.55-20.67-10.695.5863.64-20.96396.12-19.88-10.817.34-17.830340.9-16.92-16.0921.091.694.5133.43-42.70.84169.640.2-2.31307.490.00.05.880.0108.5129.410.016.0618.73-29.8-50.5854.01-12.83-18.24-59.52-37.08-102.17-40.79-143.67-582.150.023.0491.66
19Q4 (4)241.84-13.420.015.0635.80.00.1150.00.0000.0615.84-2.050.03.41-71.00.0494.39-0.240.021.1000.0410.34-7.070.020.74-3.80.058.340.380.0169.3-2.280.0307.490.00.05.880.00.029.410.00.026.6816.250.061.966.410.0-43.42-36.030.0-16.74-86.620.00.0253.070.0

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