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)238.71-30.56379.873.8268.75-37.7552.47116.013326.2-12.4485.4916.15279.77-6.938.416.3442.54-8.641275.548.41757.0227.843.461.47586.120.0709.971.1766.020.18436.285.371912.281.67804.7114.141240.9910.90.12-8.47
2022 (9)343.7449.05365.91102.66110.45142.7524.29-10.03798.973.8573.6-80.81300.6-18.997.91-21.99484.372.621176.61-9.24592.18-5.523.415583.33586.120.0702.245.9764.619.18414.05-42.611880.91-9.79705.01-38.691119.06-40.20.135.96
2021 (8)230.6234.65180.55-7.8245.5115.9526.99-35.683658.1244.42383.5996.27371.0510.7510.14-23.32472.042.821296.3311.72626.7711.340.06100.0586.120.0663.143.08700.335.59721.4635.162084.9313.281149.9723.851871.4327.970.12-7.6
2020 (7)171.2713.43195.87-39.4921.07-68.4941.96-67.222532.95-19.69195.44-34.2335.0419.2613.2348.5330.48-19.921160.29-2.0562.9121.810.03200.0586.120.0643.354.84663.2810.23533.8-17.861840.44-1.33928.55-9.461462.35-12.720.130.21
2019 (6)150.99-51.62323.71.3266.87-59.61127.9912.53153.85-22.67297.02-39.1280.93-36.858.91-18.33412.69-2.681183.963.42462.143.610.010.0586.120.0613.658.63601.7213.25649.9-22.721865.27-3.711025.61-5.851675.51-13.20.13-12.03
2018 (5)312.15.14319.4837.35165.5535.98113.77-17.134078.613.79487.69-10.37444.836.7110.91-6.23424.059.191144.761.78446.02-30.140.010.0586.120.0564.8810.66531.3114.1840.99-0.141937.186.541089.34-0.221930.33-0.180.150.84
2017 (4)296.85-2.33232.61-11.23121.75-15.55137.28-30.813584.2112.29544.1124.13416.8728.5211.6314.46388.37-8.01124.7710.23638.46-18.530.01-50.0586.120.0510.479.39465.6711.06842.1916.071818.3312.831091.6918.711933.8817.540.15-7.49
2016 (3)303.92-12.53262.04-9.7144.17-10.89198.41101.373192.05-3.08438.3358.94324.3515.4710.1619.14422.155.531020.35-10.26783.65-8.10.02-33.33586.120.0466.646.28419.280.0725.638.141611.5116.47919.6518.921645.2526.690.164.15
2015 (2)347.44142.35290.19-9.32161.79-30.8398.53-45.73293.49-17.96275.78161.95280.9-23.848.53-7.17400.02-18.281137.06.19852.75-17.990.03-99.68586.120.0439.062.46419.280.0525.2855.01383.6116.59773.35-15.771298.633.310.156.33
2014 (1)143.3625.11320.032.54233.96.59181.4736.434014.54-6.2105.28-57.66368.84-14.879.19-9.24489.48-9.061070.72.451039.86-0.079.4613414.29586.120.0428.536.16419.286.13338.89-21.861186.69-3.71918.1318.991257.024.290.14-2.05
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
24Q3 (20)184.847.12-38.29464.43-2.585.62274.890.28512.7138.81-0.46463.28868.99-9.930.09-19.18-204.64-125.57300.52-19.43-2.418.47-19.45-8.99456.86-2.222.431247.58-4.59-1.0537.33-20.06-26.43.460.0-0.29586.120.00.0718.680.01.23767.450.00.19366.39-4.94-15.511852.52-1.02-2.99511.57-28.16-32.95877.96-20.01-26.630.110.34-7.15
24Q2 (19)172.55-24.17-28.18476.720.4323.71144.4237.251.6938.99-9.0186.64964.7514.9328.3418.3319.738.01373.0113.0937.6810.516.329.94467.221.741.21307.653.949.87672.17-5.1413.873.460.00.0586.120.00.0718.681.231.23767.450.190.19385.442.187.511871.570.992.02712.12-2.38-8.421097.56-0.82-3.390.11-2.73-10.57
24Q1 (18)227.54-4.68-24.49474.6824.9610.21105.2653.112.8542.85-18.338.54839.42-4.171.115.311197.46299.35329.8417.92.989.8917.5713.47459.243.77-8.821258.12-1.376.04708.58-6.419.463.460.01.47586.120.00.0709.970.01.1766.020.00.18377.22-13.547.571853.22-3.091.96729.45-9.35-13.141106.67-10.82-7.040.11-2.94-8.2
23Q4 (17)238.71-20.3-30.56379.87-13.613.8268.7553.29-37.7552.47661.54116.01875.980.891.91.18-98.43101.57279.77-9.15-6.938.41-9.596.3442.54-0.78-8.641275.541.228.41757.023.727.843.46-0.291.47586.120.00.0709.970.01.1766.020.00.18436.280.65.371912.280.141.67804.715.4714.141240.993.7110.90.12-1.99-8.47
23Q3 (16)299.5124.67-32.59439.7114.11.5944.85-52.89-66.556.89-67.02-81.78868.2415.51-4.3175.01342.02200.64307.9413.66-4.369.3015.012.28446.0-3.4-16.961260.125.873.1730.0323.6722.63.470.291.76586.120.00.0709.970.01.1766.020.00.18433.6620.96-10.571909.654.1-2.16762.97-1.88-2.541196.635.33-5.610.12-3.35-6.22
23Q2 (15)240.25-20.28-18.73385.36-10.5331.8795.21-6.9753.4920.89-47.0939.55751.69-9.47-30.2616.97320.96-73.1270.93-15.42-28.848.09-7.18-17.36461.7-8.33-15.221190.220.32-4.85590.3-0.48-4.453.461.471.47586.120.00.0709.971.11.1766.020.180.18358.522.23-22.061834.520.93-4.79777.59-7.41-25.421136.11-4.57-24.390.12-0.16-1.99
23Q1 (14)301.35-12.33-5.3430.717.71130.25102.34-7.34124.9239.4862.5438.92830.29-3.42-12.97-7.6889.77-112.67320.316.56-18.938.7210.14-16.83503.643.98-0.511186.480.84-10.9593.140.16-5.63.410.05583.33586.120.00.0702.240.05.9764.610.09.18350.69-15.3-55.161817.55-3.37-15.29839.7919.12-30.21190.486.38-40.030.12-3.234.21
22Q4 (13)343.74-22.6349.05365.91-15.46102.66110.45-17.63142.7524.29-35.76-10.0859.68-5.26-9.18-75.05-400.8-310.52300.6-6.64-18.997.91-4.51-21.99484.37-9.822.621176.61-3.73-9.24592.18-0.55-5.523.410.05583.33586.120.00.0702.240.05.9764.610.09.18414.05-14.61-42.611880.91-3.63-9.79705.01-9.94-38.691119.06-11.73-40.20.130.435.96
22Q3 (12)444.350.29102.63432.8148.11110.12134.09116.17194.737.81152.5724.87907.39-15.82-0.4224.95-60.45-73.79321.99-15.43-17.188.29-15.35-26.71537.09-1.3717.321222.26-2.29-3.71595.44-3.62-5.653.410.05583.33586.120.00.0702.240.05.9764.610.09.18484.895.41-29.891951.751.29-5.03782.84-24.92-31.621267.73-15.64-30.970.131.013.37
22Q2 (11)295.62-7.127.18292.2356.2272.8162.0336.3396.9214.97-47.33-58.531077.9112.9912.4363.094.09-49.14380.76-3.63-2.229.79-6.59-21.35544.567.5728.231250.85-6.061.55617.82-1.67-3.353.415583.336720.0586.120.00.0702.245.95.9764.619.189.18460.0-41.18-21.151926.85-10.19-1.031042.68-13.341.141502.68-24.31-6.920.126.15-2.76
22Q1 (10)318.2237.9854.36187.063.61-28.1345.50.044.4428.425.3-27.54953.990.7813.3660.6170.01-52.92395.126.492.3910.483.31-25.86506.247.2528.381331.582.728.25628.320.2513.550.060.0100.0586.120.00.0663.140.03.08700.330.05.59782.068.418.042145.532.918.951203.224.6316.461985.286.0817.080.12-1.6-5.29
21Q4 (9)230.625.1834.65180.55-12.35-7.8245.50.0115.9526.99-10.87-35.68946.563.8730.1835.65-62.54-63.49371.05-4.5610.7510.14-10.29-23.32472.03.142.821296.332.1311.72626.77-0.6911.340.060.0100.0586.120.00.0663.140.03.08700.330.05.59721.464.3135.162084.931.4513.281149.970.4423.851871.431.927.970.12-2.03-7.6
21Q3 (8)219.27-5.6724.85205.9821.81-29.9745.544.44403.3230.28-16.12-58.98911.26-4.9551.4995.18-23.27-28.15388.79-0.1647.1511.31-9.154.81457.87.838.081269.313.0518.41631.13-1.266.740.0620.0100.0586.120.00.0663.140.03.08700.330.05.59691.6218.5559.912055.095.5618.171144.8911.0592.991836.5113.7679.040.12-4.98-7.38
21Q2 (7)232.4412.754.35169.1-35.03-56.7831.50.021.0636.1-7.96-71.45958.7613.9371.24124.04-3.64985.21389.420.9266.7312.45-11.950424.687.723.291231.780.1418.21639.2115.5238.160.0566.6725.0586.120.00.0663.143.083.08700.335.595.59583.4-11.9593.691946.87-1.1321.091030.95-0.2151.611614.35-4.864.520.133.39-6.75
21Q1 (6)206.1520.3713.0260.2832.88-41.6331.549.5-40.8739.22-6.53-71.58841.5415.7430.58128.7331.84379.24385.8815.1737.1314.136.860394.3319.32-4.221230.076.0110.01553.34-1.717.980.030.0-25.0586.120.00.0643.350.04.84663.280.010.23662.5624.129.731969.197.08.251033.1311.2672.141695.6915.9640.840.12-4.0-7.29
20Q4 (5)171.27-2.4813.43195.87-33.41-39.4921.07133.08-68.4941.96-43.15-67.22727.120.8813.0397.64-26.29260.69335.0426.8119.2613.2322.610330.48-0.32-19.921160.298.24-2.0562.91-4.821.810.030.0200.0586.120.00.0643.350.04.84663.280.010.23533.823.42-17.861840.445.82-1.33928.5556.52-9.461462.3542.56-12.720.13-1.790.21
20Q3 (4)175.62-21.150.0294.15-24.810.09.04-65.260.073.81-41.620.0601.537.440.0132.471058.970.0264.2113.120.010.7900.0331.54-3.750.01071.972.870.0591.2927.810.00.03-25.00.0586.120.00.0643.350.00.0663.280.00.0432.543.590.01739.148.170.0593.25-12.760.01025.754.540.00.13-4.340.0

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