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)269.5734.4667.667.57.87-53.0400591.945.6753.0527.4665.3338.1211.0430.71172.35-0.724.732.0253.77-18.391.7732.0938.338.4917.6930.9411.2-22.49128.9338.93157.8130.68-14.520114.4140.210.1533.52
2022 (9)200.4955.2462.9464.0316.7678.1100560.1718.3541.6243.4747.3-24.568.44-36.26173.611.153.569.265.8922.061.34-11.2635.330.013.5127.6914.458.9792.838.9120.7633.22-11.2081.655.840.11-6.83
2021 (8)129.1516.2738.3756.429.41-28.1100473.3319.3329.0151.4162.711.3313.25-6.7156.1835.43.26-3.5553.9810.731.510.6735.330.010.5822.3113.26-5.4966.8148.4390.6533.92-14.45052.3664.910.1288.2
2020 (7)111.0836.2124.5322.6513.09-39.4500396.668.5719.16100.056.32-24.414.20-30.37115.3539.563.38-23.8748.7530.031.55.6335.330.08.6512.3414.0341.0145.0127.1567.6927.6-13.26031.7548.570.0664.46
2019 (6)81.5520.3520.024.2221.6221.3200365.3425.699.5834.7474.537.8420.399.6682.659.44.44-6.7237.4910.661.42-2.0735.330.07.710.169.9584.635.42.4953.0513.06-14.03021.37-13.090.0445.18
2018 (5)67.76-0.9916.1-2.4817.8227.9300290.677.227.11-19.8454.05-15.3218.59-21.0375.5548.694.764.1633.8824.191.45262.535.330.06.9914.595.3946.4734.5416.5746.9219.06-9.95024.591.40.03-0.77
2017 (4)68.44-6.2916.5124.4213.93-14.3300271.092.288.873.1463.83-3.123.55-5.2650.8111.254.5715.1127.28-6.930.4-16.6735.330.06.116.413.68287.3729.638.8939.4117.96-5.38024.25-0.940.0310.68
2016 (3)73.03-5.2313.27-6.0916.2612.2900265.043.238.616.0665.8710.3524.856.945.670.883.97-9.9829.316.470.4823.0835.330.05.2416.440.950.027.2119.1333.4118.1-2.73024.48-10.130.0249.08
2015 (2)77.0637.814.13-2.7514.488.300256.756.777.411.6559.69-0.5823.25-6.8945.277.584.413.5227.5367.560.3918.1835.330.04.519.360.950.022.8415.5328.2915.474.4-13.2127.249.660.02-30.18
2014 (1)55.92-7.6914.53-30.0813.373.1600240.4720.37.29196.3460.04-0.7424.97-17.4942.0819.514.263.6516.43-9.920.336.4535.330.03.777.10.95-43.7919.7748.224.532.05.07262.1424.8468.520.0286.32
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)269.5717.6734.4667.660.07.57.87-9.75-53.04000167.26.0313.1516.7117.1854.5865.33-14.5938.1211.04-17.3930.7172.356.72-0.724.7-5.8132.0253.77-0.07-18.391.775.3632.0938.330.08.4917.690.030.9411.20.0-22.49128.9314.8438.93157.8111.830.68-14.52-44.77-29.64114.4111.940.210.1559.0433.52
23Q3 (19)229.099.3221.1467.6623.20.248.72-28.87-45.43000157.696.045.9514.2618.7315.0976.4957.0347.7513.3654.637.95161.495.94-17.864.9924.1338.6153.81-3.27-15.031.6823.5324.4438.330.08.4917.690.030.9411.20.0-22.49112.2714.5537.18141.1511.2328.55-10.0333.4-23.22102.2423.2538.720.090.9-16.01
23Q2 (18)209.55-4.9624.9954.92-11.691.1212.26-24.46-18.59000148.7125.658.0412.0119.279.5848.7119.98-17.458.6417.62-26.28152.43-9.16-24.024.028.6519.6455.63-18.68-0.681.360.0-1.4538.33-19.078.4917.6930.9430.9411.2-22.49-22.4998.0112.7641.12126.910.4630.27-15.06-36.78-40.7582.959.2741.190.09-8.7-20.6
23Q1 (17)220.489.9741.2962.19-1.199.8816.23-3.1642.62000118.35-19.91-6.0210.07-6.8534.9940.6-14.16-30.247.35-12.99-37.73167.8-3.34-0.833.73.9311.7868.413.8240.561.361.49-2.8647.3634.0534.0513.510.027.6914.450.08.9786.92-6.3438.83114.88-4.8732.89-11.011.7-22.0675.91-6.9741.650.10-8.86-23.72
22Q4 (16)200.496.0255.2462.94-6.7664.0316.764.8878.11000147.77-0.7120.9910.81-12.7552.0447.3-8.63-24.568.44-12.82-36.25173.6-11.711.153.56-1.119.265.894.0422.061.34-0.74-11.2635.330.00.013.510.027.6914.450.08.9792.813.3938.9120.769.9833.22-11.2-37.5922.4981.610.7255.840.110.04-6.83
22Q3 (15)189.1112.7940.1667.524.2948.9715.986.1181.18000148.838.1326.4212.3913.0545.0851.77-12.27-8.199.69-17.37-21.6196.6-2.052.13.67.1410.0963.3313.0724.671.35-2.17-14.0135.330.00.013.510.027.6914.450.08.9781.8417.8437.18109.812.7231.5-8.1423.9347.5573.725.4566.970.11-4.62-7.78
22Q2 (14)167.667.4432.454.31-4.0550.5715.0632.3491.36000137.649.37.9610.9646.9237.8659.011.398.1811.72-0.65-5.62200.6218.5763.953.361.515.3356.0115.0821.211.38-1.43-10.9735.330.00.013.5127.6956.1814.458.972.9969.4510.9233.097.4112.6830.05-10.7-18.6330.5658.759.6359.60.12-12.28-4.62
22Q1 (13)156.0520.8339.1356.647.5189.1111.3820.9417.56000125.933.1118.817.464.9237.8958.2-7.1816.5911.80-10.931.11169.28.3438.363.311.534.4248.67-9.8410.591.4-7.28-7.8935.330.00.010.580.022.3113.260.0-5.4962.61-6.2941.8186.45-4.6329.36-9.0237.5836.4853.592.3578.930.1311.3278.09
21Q4 (12)129.15-4.2816.2738.37-15.3256.429.416.69-28.11000122.133.7416.037.11-16.7438.3362.711.1911.3313.257.23-6.71156.1820.8335.43.26-0.31-3.5553.986.2610.731.51-3.820.6735.330.00.010.580.022.3113.260.0-5.4966.8111.9848.4390.658.5633.92-14.456.89-8.9752.3618.6264.910.12-0.9888.2
21Q3 (11)134.926.5528.6545.3125.6279.028.8212.07-39.13000117.73-7.6617.178.547.4233.4456.393.376.812.35-0.53-7.91129.265.6333.753.272.51-20.0550.89.9310.921.571.2910.5635.330.00.010.5822.3122.3113.26-5.49-5.4959.6614.2549.6783.511.4833.51-15.52-0.71-0.5844.1419.9180.680.12-1.35107.17
21Q2 (10)126.6312.930.3336.0720.5121.787.87-18.7-68.11000127.4920.289.867.9546.9540.2154.559.27-3.7912.426.43-14.07122.370.0731.673.190.63-21.0446.215.047.641.551.975.4435.330.00.08.650.00.014.030.00.052.2218.2856.1674.912.0833.46-15.41-8.528.9236.8122.9122.820.1263.78101.91
21Q1 (9)112.160.9711.1529.9322.012.789.68-26.05-49.97000105.990.6941.575.415.25178.8749.92-11.3646.3511.67-17.8126.95122.296.0223.413.17-6.21-27.4644.01-9.7232.681.521.337.835.330.00.08.650.012.3414.030.041.0144.15-1.9118.2466.83-1.2721.53-14.2-7.095.4629.95-5.6734.180.0717.6488.84
20Q4 (8)111.085.9236.2124.53-3.0822.6513.09-9.66-39.45000105.264.762.985.14-19.6978.4756.326.67-24.414.205.85-30.37115.3519.3639.563.38-17.36-23.8748.756.4430.031.55.635.6335.330.00.08.650.012.3414.030.041.0145.0112.9227.1567.698.2327.6-13.2614.065.4931.7529.9648.570.069.064.46
20Q3 (7)104.877.9447.1725.31-14.5536.1514.49-41.29-28.16000100.48-13.421.346.412.87147.152.8-6.88-21.0213.41-7.19096.643.9843.624.091.24-4.2245.846.3337.041.42-3.41.4335.330.00.08.650.012.3414.030.041.0139.8619.222.9162.5411.4424.88-15.438.81-24.1424.4347.8822.150.06-3.86122.52
20Q2 (6)97.16-3.7231.5829.621.7250.0524.6827.5535.68000116.0555.022.365.67192.27145.4556.766.239.5414.4557.24092.94-6.2128.214.04-7.55-7.9731.3-5.64-6.681.474.26-0.6835.330.00.08.6512.3412.3414.0341.0141.0133.44-10.4412.0356.122.0518.17-16.92-12.65-93.8116.52-25.99-21.780.0653.18140.23
20Q1 (5)100.9123.7435.229.1245.684.7719.35-10.5-1.8800074.87-26.758.291.94-32.647.7834.11-54.21-19.539.19-54.92099.0919.8921.94.37-1.58-0.2333.17-11.52-2.841.41-0.7-8.4435.330.00.07.70.010.169.950.084.637.345.482.7554.993.6612.87-15.02-7.06-97.1122.324.45-22.280.042.4559.46
19Q4 (4)81.5514.440.020.07.580.021.627.190.0000.0102.213.090.02.8811.20.074.511.440.020.3900.082.6522.830.04.443.980.037.4912.180.01.421.430.035.330.00.07.70.00.09.950.00.035.49.160.053.055.930.0-14.03-12.870.021.376.850.00.0447.490.0

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