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)65.2420.463.89-44.510.12-98.0600202.92-10.395.9961.8930.63-10.7815.09-0.4422.44-10.884.390.9217.8775.543.34-6.18101.680.09.14.366.93196.1515.34-2.4231.3817.13-11.5203.82-56.540.254.41
2022 (9)54.16-15.877.0120.456.281.2900226.4412.043.7-48.8234.3313.4115.161.2325.18-0.124.355.8410.18-30.423.56-5.07101.680.08.729.02.34-53.6615.7210.4726.79-1.8-6.9308.79-26.070.240.37
2021 (8)64.38-1.985.82-47.713.4240.1600202.11-21.817.23-57.1230.27-3.6314.9823.2525.216.14.113.0114.63-12.713.75-5.54101.680.08.026.785.0527.214.23-15.827.280.37-2.34011.890.340.24-1.8
2020 (7)65.68105.2511.13-56.812.44-64.3800258.49-5.8716.869266.6731.41-28.0212.15-23.5423.76-38.113.990.016.76-13.433.97-9.77101.680.06.310.163.9739.7916.91382.4627.18164.4-5.05011.8500.251.38
2019 (6)32.00.0625.77-41.686.853.4700274.6-9.650.18-93.1843.64-16.0115.89-7.0438.39-9.143.99-11.9219.363.974.4-8.52101.680.06.34.482.841675.01.14-80.3810.28-14.33-6.730-5.5900.240.98
2018 (5)31.98-6.644.192.26.62-47.53.0511.31303.94-3.32.64-21.6651.96-8.2117.10-5.0942.25-4.84.532.7218.62-2.564.81-7.68101.68-0.476.035.980.160.05.8129.6912.016.17-2.8402.97-38.890.242.27
2017 (4)34.24-32.7243.24-15.6512.61-37.082.74-7.43314.32.573.37-16.3856.611.8718.01-0.6844.380.844.4115.7519.1114.575.2140.81102.163.485.697.560.160.04.48-8.9410.33-0.390.38-84.924.86-34.680.23-13.78
2016 (3)50.8913.4451.26-30.8220.0425.252.963.14306.43-21.194.0314.4955.5713.0618.1343.4744.010.893.81-73.0616.68-51.073.7-6.0998.722.985.297.090.160.04.9210.8110.378.72.52-68.067.44-39.660.278.44
2015 (2)44.86-38.9574.1-51.4816.0-53.092.87635.9388.84-31.393.52049.15-25.0912.649.1943.62-29.1314.14-9.4234.09-48.13.94-21.5195.860.04.940.00.160.04.44362.59.5457.437.89-15.2512.3320.060.25-10.73
2014 (1)73.4819.67152.7178.6134.1187.310.39-60.2566.773.86-3.95065.6119.2911.5814.8661.552.6515.6139.2565.68-23.025.0256.3995.865.014.9410.760.160.00.96-90.366.06-58.419.3143.2310.27-37.610.28-9.88
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)76.333.1816.938.4624.41115.820.24300.0-83.4500050.994.79-1.620.87557.89-53.4828.86-3.96-11.9614.60-3.55-8.3923.68-11.74-6.774.290.7-1.3816.16-1.1-11.983.21-1.83-5.87101.680.00.09.70.06.5911.520.066.2310.678.88-27.5631.892.83.67-6.975.681.553.753.53-51.630.261.282.16
24Q2 (19)73.980.4224.386.8-8.85-33.720.06-86.05-99.4200048.665.263.22-0.19-106.57-111.1130.0510.031.1815.149.1911.2726.830.71-1.294.26-3.62-0.716.34-0.12330.03.27-1.21-4.66101.680.00.09.76.596.5911.5266.2366.239.8-46.24-23.8531.02-9.467.34-7.3915.4512.852.41-74.6-45.10.250.694.96
24Q1 (18)73.6712.9236.57.4691.77-6.630.43258.33-96.2800046.23-10.77-11.332.89189.0103.5227.31-10.84-19.7213.86-8.16-6.8226.6418.72-4.174.420.680.4516.36-8.45321.653.31-0.9-5.7101.680.00.09.10.04.366.930.0196.1518.2318.846.334.269.1821.45-8.7424.13-52.539.49148.43-16.90.25-0.593.84
23Q4 (17)65.24-0.0620.463.89-0.77-44.510.12-91.72-98.0600051.81-0.04-5.091.0-46.52525.030.63-6.56-10.7815.09-5.28-0.4322.44-11.65-10.884.390.920.9217.87-2.6775.543.34-2.05-6.18101.680.00.09.10.04.366.930.0196.1515.344.14-2.4231.382.0217.13-11.52-62.71-66.233.82-50.07-56.540.250.784.41
23Q3 (16)65.289.7518.433.92-61.79-54.791.45-86.0-63.6600051.839.95-19.611.879.3662.6132.7810.37-24.7615.9417.15-18.1325.4-6.55-1.214.351.41.418.36383.1652.373.41-0.58-5.54101.680.00.09.10.04.366.930.0196.1514.7314.45-4.9130.766.4415.86-7.0816.51-402.567.6574.26-57.090.254.040.9
23Q2 (15)59.4810.214.010.2628.410.9810.36-10.38283.700047.14-9.59-17.971.7120.42155.2229.7-12.7-18.8513.60-8.57-21.5727.18-2.23-20.084.29-2.51.183.8-2.06-71.543.43-2.28-6.28101.680.00.09.14.364.366.93196.15196.1512.87-24.96-10.1928.92.4513.78-8.48-47.99-931.374.39-61.56-71.40.24-0.37-3.16
23Q1 (14)53.97-0.35-6.647.9913.9818.5511.5686.45645.8100052.14-4.494.431.42787.5-17.4434.02-0.93.414.88-1.86-7.9527.810.410.474.41.156.283.88-61.89-71.623.51-1.4-5.9101.680.00.08.720.09.02.340.0-53.6617.159.17.5228.215.3-2.72-5.7317.32-293.5811.4229.92-39.610.24-0.050.03
22Q4 (13)54.16-1.74-15.877.01-19.1520.456.255.3981.2900054.59-15.325.020.16-86.09420.034.33-21.2113.4115.16-22.121.2225.18-2.06-0.124.351.45.8410.18-15.52-30.423.56-1.39-5.07101.680.00.08.720.09.02.340.0-53.6615.721.4810.4726.790.9-1.8-6.93-396.15-196.158.79-50.7-26.070.24-2.610.37
22Q3 (12)55.12-3.62-22.748.67-14.6712.023.9947.7829.1300064.4712.1824.851.1571.64-50.6443.5719.0463.1219.4612.2249.6525.71-24.415.714.291.184.1312.05-9.74-16.263.61-1.37-4.75101.680.00.08.720.09.02.340.0-53.6615.498.098.5526.554.53-2.822.34129.41146.6117.8316.1692.760.25-0.14-7.18
22Q2 (11)57.19-1.07-23.010.1650.7420.952.774.19-2.1700057.4715.114.940.67-61.05-67.7936.611.2539.4817.347.3138.1734.0122.9120.224.242.424.1813.35-2.34-9.553.66-1.88-4.94101.680.00.08.729.09.02.34-53.66-53.6614.33-10.1619.9225.4-12.411.61.02-65.54121.4715.35-18.83113.190.252.91-6.5
22Q1 (10)57.81-10.21-16.446.7415.81-25.281.55-54.68-36.2100049.93-3.942.951.723540.0-40.0732.98.6920.4716.167.9248.9227.679.763.174.140.732.7313.67-6.56-14.083.73-0.53-4.6101.680.00.08.00.026.785.050.027.215.9512.09-19.2429.06.3-3.432.96226.5159.9218.9159.0427.680.240.28-3.87
21Q4 (9)64.38-9.76-1.985.82-24.81-47.713.4210.6840.1600051.980.66-5.87-0.05-102.1597.5430.2713.33-3.6314.9815.1523.2525.2113.466.14.11-0.243.0114.631.67-12.713.75-1.06-5.54101.680.00.08.00.026.785.050.027.214.23-0.28-15.827.28-0.150.37-2.3453.3953.6611.8928.540.340.24-9.94-1.8
21Q3 (8)71.34-3.9533.577.74-7.86-50.323.0911.9649.2800-100.051.643.28-6.642.3312.02271.3226.711.79-16.2213.013.618.8522.22-21.464.914.121.233.014.39-2.51-16.723.79-1.56-8.23101.680.00.08.00.026.785.050.027.214.2719.41-24.4627.329.28-6.34-5.02-5.6831.519.2528.47-19.980.270.5912.03
21Q2 (7)74.277.3662.738.4-6.87-58.542.7613.58000050.03.09-46.02.08-27.53-89.3226.24-3.92-40.1312.5515.66028.295.4832.754.070.992.2614.76-7.23-17.223.85-1.53-8.33101.680.00.08.026.7826.785.0527.227.211.95-39.49-40.9925.0-16.75-18.11-4.753.8545.027.2-51.38-37.980.275.8117.33
21Q1 (6)69.185.33207.339.02-18.96-66.02.43-0.41-66.6700048.5-12.17-12.422.87241.38267.9527.31-13.05-42.1910.85-10.68026.8212.88-29.994.031.01.015.91-5.07-13.953.91-1.51-9.28101.680.00.06.310.00.163.970.039.7919.7516.86923.3230.0310.49171.52-4.942.1833.4214.8124.98369.760.252.441.65
20Q4 (5)65.6822.97105.2511.13-28.56-56.812.4417.8700-100.0055.22-0.16-13.08-2.03-49.26-86.2431.41-1.47-28.0212.151.69023.7612.18-38.113.99-0.250.016.76-3.01-13.433.97-3.87-9.77101.680.00.06.310.00.163.970.039.7916.9-10.531382.4627.18-6.82164.4-5.0531.1124.9611.852.51311.990.252.751.38
20Q3 (4)53.4117.020.015.58-23.10.02.0700.00.2600.055.31-40.260.0-1.36-106.990.031.88-27.260.011.9500.021.18-0.610.04.00.50.017.28-3.080.04.13-1.670.0101.680.00.06.310.00.03.970.00.018.89-6.720.029.17-4.450.0-7.3315.160.011.56-0.430.00.245.350.0

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