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)281.33-33.73443.74-9.928.91773.41005147.46-4.9861.310.03922.073.0217.918.42598.9617.4354.841135.1429.92-76.695.83-40.21358.750.0133.74.8814.48-46.6781.6420.68229.823.4-6.48075.1641.36-0.010
2022 (9)424.5122.03492.49-10.453.31-95.43005417.514.2461.29-6.26895.07-13.7716.52-17.27510.05-18.284.4448.0128.33238.519.750.83358.750.0127.485.4227.1542.7467.65-3.77222.275.72-14.48053.1723.22-0.010
2021 (8)347.885.57549.9570.8472.482089.73005197.322.2565.38-13.381037.9613.0519.9710.57624.1750.713.041.5137.91-57.849.6710.39358.750.0120.936.5819.024.3970.3-11.52210.25-0.42-27.15043.15-28.6-0.010
2020 (7)329.5273.86321.9127.913.31-7.8005082.941.4775.4837.04918.113.7518.062.25414.1610.92.12-77.4589.91131.558.76-0.57358.750.0113.465.0618.2210.6979.4535.6211.1315.34-19.02060.4349.69-0.000
2019 (6)189.53-24.38251.67-19.63.59-35.55005009.53-1.1755.08-15.26884.91-4.0617.66-2.92373.46-13.039.4-7.2138.8313.98.81-0.45358.750.0108.06.416.461424.0758.59-26.45183.050.45-18.22040.37-36.120.03-26.92
2018 (5)250.63-7.0313.01-14.495.5743.56005068.848.4265.0-3.77922.3517.3518.208.24429.398.5710.1362.8634.09-14.048.85-0.78358.750.0101.57.141.08079.665.82182.237.18-16.46063.2-14.820.04-25.91
2017 (4)269.493.76366.05151.063.88-5.6004675.129.1167.5519.83785.9810.2816.811.07395.4823.846.22-30.8939.66-2.418.920.22358.750.094.746.330075.2814.48170.039.8-1.08074.24.580.06-41.64
2016 (3)259.72-30.04145.888.274.1153.93004284.668.3456.371.31712.718.0716.638.97319.3510.279.0-16.7440.64-64.018.91.95358.750.089.16.660065.760.7154.864.045.19-81.5270.95-24.030.09-7.45
2015 (2)371.24-1.6177.44-51.172.67-98.25003954.7-9.2155.64-21.61603.64-11.5515.26-2.58289.6-8.8510.81-10.14112.931023.688.73-3.11358.750.083.549.290065.3-19.67148.84-5.6428.09-6.6593.39-16.150.10-3.97
2014 (1)377.32-33.73158.6-35.04152.330004356.0-5.5370.980.34682.493.6315.679.7317.73-19.3612.03-9.1410.05-92.949.011.58358.750.076.4410.190081.298.55157.739.3430.0983.36111.3821.990.11-5.84
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)281.33-22.65-33.73443.74-3.12-9.928.91-0.99773.410001280.71-5.72-4.9619.876.0942.64922.07-13.843.0217.91-12.728.42598.9611.4217.4354.84-3.471135.1429.92-4.26-76.695.83-41.99-40.21358.750.00.0133.70.04.8814.480.0-46.6781.6432.3620.68229.829.513.4-6.48-172.9755.2575.166.5241.36-0.01-7.3-12.33
23Q3 (19)363.7311.171.27458.0127.69-22.0329.216.85782.180001358.413.97-4.6418.7334.757.091070.2311.531.5220.5212.948.05537.598.71-28.5356.812.661435.4131.256.51-75.9910.052.552.76358.750.00.0133.70.04.8814.480.0-46.6761.6843.6116.91209.879.81.28.88212.12266.9270.56101.4348.74-0.013.48-7.3
23Q2 (18)327.17-16.13-36.72358.68-10.44-43.4124.990.08-79.540001306.518.71-3.7513.957.78-7.33959.599.73-3.218.1710.792.22494.52-3.0-34.9755.341048.131869.429.34-1.81-26.049.81.452.83358.750.00.0133.74.884.8814.48-46.67-46.6742.9589.9621.77191.137.840.65-7.9214.4752.1235.03162.487.03-0.01-0.04-6.59
23Q1 (17)390.09-8.11-15.16400.48-18.68-29.3224.97654.38-78.80001201.83-10.82-6.698.81-36.76-40.75874.53-2.29-7.9316.40-0.72-7.32509.79-0.05-33.474.828.5665.0729.88-76.72-24.949.66-0.922.55358.750.00.0127.480.05.4227.150.042.7422.61-66.58-35.29177.23-20.261.34-9.2636.0539.2413.35-74.89-32.23-0.01-8.43-6.16
22Q4 (16)424.5118.1922.03492.49-16.16-10.453.310.0-95.430001347.57-5.4-8.9513.93-20.35-4.59895.07-15.1-13.7716.52-13.02-17.27510.05-32.19-18.284.4420.048.0128.33-1.41238.519.75-0.310.83358.750.00.0127.480.05.4227.150.042.7467.6528.22-3.77222.277.175.72-14.48-172.1846.6753.1712.0823.22-0.01-2.49-4.42
22Q3 (15)359.17-30.534.81587.41-7.3118.993.31-97.290.00001424.524.94-1.8117.4916.6-37.541054.256.35-3.0819.006.85-13.17752.18-1.099.113.731.6723.33130.17228.13-11.469.782.624.26358.750.00.0127.480.05.4227.150.042.7452.7649.59-5.07207.399.226.07-5.3267.8483.6347.44153.28105.55-0.014.12-69.64
22Q2 (14)516.9912.4352.67633.7711.8582.99122.153.73590.330001357.475.418.2415.00.8732.39991.334.3611.9617.780.45-0.11760.49-0.7643.592.81-3.77-6.3339.67-0.35-72.829.531.173.81358.750.00.0127.485.425.4227.1542.7442.7435.270.9427.88189.898.5813.35-16.54-8.5340.718.73-4.926141.94-0.010.36-135.74
22Q1 (13)459.8232.1825.01566.623.0355.43117.7962.513458.610001287.95-12.9815.1514.871.8529.87949.87-8.498.5717.70-11.387.51766.3122.7768.752.92-2.6726.9639.815.01-36.829.42-2.591.84358.750.00.0120.930.06.5819.020.04.3934.94-50.342.44174.89-16.8211.97-15.2443.8716.5819.7-54.35214.7-0.01-6.65-317.65
21Q4 (12)347.881.525.57549.9511.470.8472.482089.732089.730001480.012.0117.9514.6-47.8657.841037.96-4.5713.0519.97-8.7110.57624.17-9.4650.713.00.041.5137.91-74.21-57.849.673.0910.39358.750.00.0120.930.06.5819.020.04.3970.326.48-11.52210.257.53-0.42-27.1516.46-42.7443.1586.96-28.6-0.01-66.51-650.2
21Q3 (11)342.681.228.31493.6742.5420.63.310.0-91.340001450.7926.37-0.2128.0147.1345.01087.722.841.1621.8822.914.25689.3530.1547.683.00.036.36147.020.73339.399.382.185.39358.750.00.0120.930.06.5819.020.04.3955.58101.52-21.46195.5316.71-3.42-32.5-16.53-119.4523.087545.16-58.76-0.01-33.23-197.97
21Q2 (10)338.63-7.941.58346.34-5.0-18.23.310.0-97.50001148.042.64-22.8211.33-1.05-31.71885.461.21-17.2717.808.11-17.57529.6416.64-1.263.030.4329.87145.95131.63335.029.18-0.766.74358.750.00.0120.936.586.5819.024.394.3927.5812.43-46.39167.537.25-8.52-27.89-52.65-57.93-0.31-104.95-100.92-0.01-76.53-150.12
21Q1 (9)367.8411.63-3.56364.5513.2568.853.310.00.00001118.48-10.8626.1311.4523.78-62.24874.9-4.7153.1716.46-8.8636.83454.19.64-17.162.38.49-4.9663.01-29.9264.789.255.597.81358.750.00.0113.460.05.0618.220.010.6924.53-69.13-41.71156.2-26.02-6.21-18.273.94-3.286.26-89.64-74.33-0.00-91.56-122.25
20Q4 (8)329.5223.3873.86321.91-21.3627.913.31-91.34-7.80001254.77-13.69-3.169.25-52.1-33.12918.11-14.623.7518.06-13.932.25414.16-11.2710.92.12-3.64-77.4589.91168.71131.558.76-1.57-0.57358.750.00.0113.460.0018.220.0079.4512.270211.134.2915.34-19.02-28.43-4.3960.437.99431.67-0.00-121.74-105.44
20Q3 (7)267.07-19.881.43409.34-3.3221.1738.23-71.14887.860001453.8-2.2712.9519.3116.481.481075.260.4620.520.98-2.810466.78-12.980.342.2-4.76-77.1533.46-0.27-10.588.93.49-1.55358.750.00.0113.460.05.0618.220.010.6970.7737.5556.54202.4510.5519.32-14.8116.14-15.0755.9665.6173.040.01-31.85-76.83
20Q2 (6)333.35-12.618.98423.496.1124.95132.493902.722677.570001487.5867.7516.416.59-45.2821.541070.3687.3914.9721.5979.470536.38-2.1518.542.31-4.55-76.5733.55-12.26-10.378.60.230.82358.750.00.0113.465.065.0618.2210.6910.6951.4522.2748.83183.139.9615.15-17.660.17-76.633.7938.5437.530.01-21.63-67.7
20Q1 (5)381.4101.2344.72215.9-14.21-21.183.31-7.8-38.93000886.79-31.56-22.830.32119.2378.67571.2-35.45-29.0212.03-31.890548.1546.7821.672.42-74.26-75.8538.24-1.522.448.58-2.61-1.04358.750.00.0108.006.416.4601424.0742.080-56.45166.54-9.02-16.4-17.692.91-137.4524.39233.86-72.650.01-53.15-58.53
19Q4 (4)189.53-28.020.0251.67-25.50.03.59-7.240.0000.01295.780.680.013.8329.980.0884.91-0.830.017.6600.0373.46-19.720.09.4-2.390.038.833.770.08.81-2.540.0358.750.00.00-100.00.00-100.00.00-100.00.0183.057.890.0-18.22-41.570.0-18.22-156.340.00.03-7.420.0

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