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)157.01-5.8914.09273.7417.9737.700268.32-36.780.48-99.3142.99-14.8716.0234.6526.12-24.964.3814.96152.841.880.42-12.545.440.3547.8917.151.48-27.09152.7-18.89202.07-12.59-2.10150.6-19.210.1964.63
2022 (9)166.848.823.77-65.7313.0588.8600424.4118.9769.7780.850.5-11.0811.90-25.2634.810.433.8117.23107.714.730.4845.4545.280.4440.8810.462.0312.15188.2632.12231.1727.5-1.840186.4232.720.12-2.57
2021 (8)153.3231.4411.0-58.336.91-28.6200356.7331.6438.59611.9956.7928.9815.92-2.0234.6619.973.258.793.87255.30.333.1245.08-0.0237.011.451.81-1.09142.4930.94181.3123.23-2.030140.4631.30.12-1.46
2020 (7)116.658.926.4-35.559.68-16.4100270.9821.375.42044.0318.1716.25-2.6428.8917.772.99-44.4226.4239.940.323.2345.09-0.0436.480.01.8383.0108.82-0.01147.130.56-1.840106.980.250.126.31
2019 (6)107.126.3940.9622.6311.5835.7600223.27-5.9-20.25037.26-2.5116.693.6124.53-24.965.38-26.818.88-27.410.31106.6745.110.0736.480.971.028.21108.83-20.25146.31-15.61-2.120106.71-20.630.1171.63
2018 (5)100.69-2.6433.41.38.5366.600237.286.243.49-29.0738.223.6116.11-2.4832.6953.627.35-10.6926.0148.880.15-34.7845.081.0836.131.40.787700.0136.47-3.19173.37-1.83-2.030134.44-4.090.073.18
2017 (4)103.42-7.7732.9747.985.12-4.4800223.35-3.584.92-77.9836.892.4416.526.2521.28-5.768.2390.0717.4715.850.2321.0544.60.035.636.680.010140.96-7.04176.6-4.56-0.780140.18-7.550.06-7.39
2016 (3)112.13-12.0322.28-28.015.36-6.4600231.650.4522.34-23.0736.01-6.2515.55-6.6722.58-1.184.33015.0810.40.19-36.6744.60.033.49.5100151.632.59185.033.77-0.010151.621.260.07-12.51
2015 (2)127.4610.4330.9571.285.73-60.0400230.61-7.5529.04-19.7138.4110.2816.6619.2822.855.640013.6686.870.350.044.60.030.513.4700147.85.34178.36.651.94-30.71149.744.630.08-10.52
2014 (1)115.4217.9218.0714.2914.34-3.6300249.447.9736.1712.1934.83-4.3913.96-11.4521.637.88007.31-47.410.242.8644.60.026.8813.6600140.3114.94167.1814.152.8156.88143.1116.20.09-0.73
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)157.01-9.64-5.8914.0945.11273.7417.9710.1137.700074.8923.87-20.573.63205.83-69.5242.9915.01-14.8716.0223.3234.6526.12-3.04-24.964.380.2314.96152.8-2.5941.880.425.0-12.545.44-0.020.3547.890.017.151.480.0-27.09152.72.34-18.89202.071.75-12.59-2.1-98.11-14.13150.61.65-19.210.193.7764.63
23Q3 (19)173.770.2735.989.7132.11-49.1916.32-5.0642.7800060.46-6.44-47.63-3.43-1905.26-115.8737.380.05-47.1412.9919.17-21.0726.947.42-32.434.3713.814.7156.8719.4651.080.4-31.03-21.5745.450.00.3847.890.017.151.480.0-27.09149.21-2.25-15.19198.59-1.7-9.26-1.0658.2728.86148.15-1.31-15.080.1848.6563.05
23Q2 (18)173.3110.4433.447.3521.49-65.6717.1917.175.2300064.62-5.46-43.580.19137.5-99.0937.36-8.72-46.8910.904.57-36.1725.08-11.78-36.073.840.01.32131.328.7457.680.581.7523.445.450.070.8247.8917.1517.151.48-27.09-27.09152.65-3.94-1.11202.020.12.41-2.54-42.7-72.79150.11-4.47-1.820.124.829.79
23Q1 (17)156.93-5.944.226.0560.48-62.6814.6812.4975.1800068.35-27.51-31.750.08-99.33-99.4840.93-18.95-32.4810.42-12.39-33.8628.43-18.33-29.243.840.791.59120.7712.1435.640.5718.7590.045.420.310.7540.880.010.462.030.012.15158.91-15.5915.57201.82-12.714.46-1.783.26-76.24157.13-15.7115.120.121.823.09
22Q4 (16)166.8430.568.823.77-80.27-65.7313.0514.1788.8600094.29-18.32-5.2711.91-44.89-12.6250.5-28.59-11.0811.90-27.71-25.2634.81-12.690.433.810.017.23107.73.7314.730.48-5.8845.4545.280.00.4440.880.010.462.030.012.15188.267.032.12231.175.6327.5-1.84-23.499.36186.426.8632.720.122.78-2.57
22Q3 (15)127.79-1.61-1.1719.11-10.74-28.411.4316.5160.31000115.440.7918.1821.613.156.0370.720.5323.9816.46-3.63-4.039.871.6320.713.810.5317.23103.8324.6843.150.518.5141.6745.280.440.4440.880.010.462.030.012.15175.9413.9836.64218.8510.9430.59-1.49-1.3633.78174.4514.137.890.110.1-5.58
22Q2 (14)129.88-13.758.0621.4132.08-28.829.8117.0622.62000114.5414.3831.2820.9637.08145.7270.3516.0527.5617.088.36-5.9439.23-2.3631.873.790.266.7683.28-6.4713.010.4756.6727.0345.080.00.040.8810.4610.462.0312.1512.15154.3612.2634.33197.2711.8828.32-1.47-45.5431.94152.8912.0235.60.11-1.58-5.14
22Q1 (13)150.58-1.7934.716.2147.36-38.788.3821.273.08000100.140.638.5815.2912.18492.6460.626.7430.9615.76-0.99-3.1940.1815.9338.63.7816.3128.1489.04-5.15124.620.3-9.09-3.2345.080.00.037.010.01.451.810.0-1.09137.5-3.528.64176.32-2.7521.43-1.0150.2547.67136.49-2.8330.040.11-3.77-2.61
21Q4 (12)153.3218.5831.4411.0-58.79-58.336.91-3.09-28.6200099.541.931.8813.63-1.59701.7656.79-0.4428.9815.92-7.15-2.0234.664.9319.973.250.08.793.8729.42255.30.33-8.333.1245.080.0-0.0237.010.01.451.810.0-1.09142.4910.6630.94181.318.1923.23-2.039.78-10.33140.4611.0331.30.12-0.4-1.46
21Q3 (11)129.37.5817.1726.69-11.27-21.257.13-10.88-34.2900097.6811.9542.1413.8562.372247.4657.043.4335.8117.15-5.585.2733.0311.0310.363.25-8.45-16.6772.53-1.57236.10.36-2.756.5245.080.0-0.0237.010.01.451.810.0-1.09128.7612.0520.1167.589.0115.16-2.25-4.17-6.13126.5112.220.380.120.572.3
21Q2 (10)120.197.518.0330.0813.6-12.768.0-1.6-28.4400087.2520.7428.578.53230.62264.5355.1519.1430.6918.1611.537.1929.752.6210.353.5520.34-21.8173.6985.9318.930.3719.3594.7445.080.0-0.0237.011.451.451.81-1.09-1.09114.917.57.78153.735.876.07-2.16-11.9210.37112.757.428.190.121.044.73
21Q1 (9)111.79-4.178.5826.480.3-25.958.13-16.01-30.7500072.26-4.2722.642.5851.76226.5846.295.1318.4816.280.2-2.9128.990.3514.812.95-1.34-41.8139.6450.04102.140.31-3.1229.1745.08-0.02-0.0436.480.00.01.830.083.0106.89-1.771.69145.2-1.311.83-1.93-4.896.31104.96-1.891.850.12-2.645.6
20Q4 (8)116.655.718.926.4-22.1-35.559.68-10.78-16.4100075.489.8421.041.7188.142733.3344.034.8318.1716.25-0.24-2.6428.89-3.4717.772.99-23.33-44.4226.4222.4339.940.3239.133.2345.090.0-0.0436.480.00.01.830.083.0108.821.5-0.01147.131.110.56-1.8413.2113.21106.981.80.250.123.46.31
20Q3 (7)110.35-0.8213.9233.89-1.71-36.1710.85-2.95-11.500068.721.2714.590.59-74.79121.2242.0-0.475.2916.29-3.85029.9311.0218.073.9-14.1-29.9821.5822.68-7.90.2321.05-25.8145.090.0-0.0736.480.00.01.830.083.0107.210.55-1.48145.520.41-0.53-2.1212.03-23.98105.090.84-1.890.122.9549.07
20Q2 (6)111.268.0612.1934.48-3.58-17.5911.18-4.77-11.1300067.8615.1731.132.34196.2123.2142.28.0134.5216.941.03026.966.77-4.844.54-10.45-22.5317.59-10.3-35.610.19-20.83-44.1245.09-0.02-0.0936.480.00.01.8383.083.0106.621.44-4.47144.931.64-2.79-2.41-16.99-82.58104.211.13-5.510.111.8863.02
20Q1 (5)102.96-3.882.0835.76-12.718.6111.741.381.5600058.92-5.5219.780.791216.67110.639.074.8640.0916.770.48025.252.94-16.455.07-5.76-20.0319.613.87-35.370.24-22.58-35.1445.1-0.02-0.0936.480.00.971.00.028.21105.11-3.42-18.53142.59-2.54-14.06-2.062.83-50.36103.05-3.43-19.270.11-1.9763.6
19Q4 (4)107.1210.580.040.96-22.850.011.58-5.550.0000.062.363.990.00.06102.160.037.26-6.590.016.6900.024.53-3.230.05.38-3.410.018.88-19.420.00.310.00.045.11-0.020.036.480.00.01.00.00.0108.830.010.0146.310.010.0-2.12-23.980.0106.71-0.370.00.1144.980.0

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