現金流量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)
- 現金流量表可以看出盈餘的品質
- 小心自由現金流量近3年都小於0的公司
- 營運現金流量要大於稅後淨利，除非受到應收帳款和存貨影響
- 營運現金流量不應該都是流出
- 其它調整項如果佔太大比例可能有問題
- 注意增加的資本支出是不是能在以後帶來更多的營運現金流量
- 注意折舊的增減對毛利率的影響
- 約當比率 = 營運現金流量 / (稅後淨利+折舊+攤提), 這個比例越接近100%代表公司專注本業且實際能賺到錢
| 營運現金流量 YoY | 投資現金流量 YoY | 籌資現金流量 YoY | 其他營業調整項 YoY | 自由現金流量 YoY | 資本支出 YoY | 其他投資調整項 YoY | 資本支出佔營收(%) YoY | 營業利益 YoY | 稅後淨利 YoY | 折舊 YoY | 攤提 YoY | 約當比率(%) YoY | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2019 (10) | 8.85 | 61.5 | -3.61 | 0 | -8.1 | 0 | 1.13 | 0 | 5.24 | 0 | 9.61 | -31.31 | -0.9 | 0 | 10.61 | -16.14 | -9.88 | 0 | -3.1 | 0 | 7.65 | -2.8 | 2.16 | 60.0 | 131.89 | 133.7 |
| 2018 (9) | 5.48 | -67.71 | -7.54 | 0 | -1.03 | 0 | -2.18 | 0 | -2.06 | 0 | 13.99 | 152.98 | -1.07 | 0 | 12.65 | 175.5 | -0.78 | 0 | 0.49 | -62.02 | 7.87 | -14.64 | 1.35 | 28.57 | 56.44 | -61.56 |
| 2017 (8) | 16.97 | -5.62 | 13.16 | 0 | -26.47 | 0 | 3.89 | 0 | 30.13 | 123.35 | 5.53 | 8.43 | 8.95 | 0 | 4.59 | 24.19 | 1.93 | 0 | 1.29 | 0 | 9.22 | -39.26 | 1.05 | 26.51 | 146.80 | -28.72 |
| 2016 (7) | 17.98 | -23.03 | -4.49 | 0 | -24.91 | 0 | -5.57 | 0 | 13.49 | -33.38 | 5.1 | -18.27 | -0.54 | 0 | 3.70 | -15.65 | -6.82 | 0 | -7.28 | 0 | 15.18 | -27.02 | 0.83 | 7.79 | 205.96 | 114.42 |
| 2015 (6) | 23.36 | 21.73 | -3.11 | 0 | -21.98 | 0 | 0.09 | -65.38 | 20.25 | 0 | 6.24 | -70.47 | -1.42 | 0 | 4.38 | -69.88 | 1.31 | -83.65 | 2.75 | -56.35 | 20.8 | 1.66 | 0.77 | 48.08 | 96.05 | 36.55 |
| 2014 (5) | 19.19 | -6.8 | -20.96 | 0 | 5.88 | 0 | 0.26 | 0 | -1.77 | 0 | 21.13 | 215.84 | 0.56 | 0 | 14.56 | 199.2 | 8.01 | 50.0 | 6.3 | -35.71 | 20.46 | 3.81 | 0.52 | 26.83 | 70.34 | 2.22 |
| 2013 (4) | 20.59 | 0 | 12.34 | 0 | -12.99 | 0 | -7.36 | 0 | 32.93 | 0 | 6.69 | 0 | -0.13 | 0 | 4.86 | 0 | 5.34 | 0 | 9.8 | 0 | 19.71 | 0 | 0.41 | 0 | 68.82 | 0 |
| 營運現金流量 QoQ YoY | 投資現金流量 QoQ YoY | 籌資現金流量 QoQ YoY | 其他營業調整項 QoQ YoY | 自由現金流量 QoQ YoY | 資本支出 QoQ YoY | 其他投資調整項 QoQ YoY | 資本支出佔營收(%) QoQ YoY | 營業利益 QoQ YoY | 稅後淨利 QoQ YoY | 折舊 QoQ YoY | 攤提 QoQ YoY | 約當比率(%) QoQ YoY | |||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 20Q3 (20) | 1.5 | 53.06 | -52.08 | -2.09 | -90.0 | -158.06 | -0.17 | -54.55 | 96.18 | 1.55 | 118.31 | 231.36 | -0.59 | -391.67 | -108.77 | 1.52 | 44.76 | -56.2 | -0.23 | -21.05 | -182.14 | 5.35 | 8.58 | -62.84 | -2.37 | -30.22 | -62.33 | -2.06 | -87.27 | -110.2 | 1.8 | -0.55 | -7.69 | 0.31 | -6.06 | -38.0 | 3000.00 | 3083.67 | 1308.95 |
| 20Q2 (19) | 0.98 | 28.95 | 1.03 | -1.1 | -155.81 | 83.38 | -0.11 | 31.25 | 0.0 | 0.71 | 127.52 | 745.45 | -0.12 | -136.36 | 97.88 | 1.05 | 0.0 | -60.38 | -0.19 | 0.0 | 20.83 | 4.93 | -21.21 | -55.45 | -1.82 | 24.48 | -2500.0 | -1.1 | 37.14 | -523.08 | 1.81 | -2.69 | -3.21 | 0.33 | -5.71 | -34.0 | 94.23 | -42.97 | 155.49 |
| 20Q1 (18) | 0.76 | -83.11 | 216.67 | -0.43 | 59.05 | -193.48 | -0.16 | 40.74 | 95.11 | -2.58 | -205.74 | -12800.0 | 0.33 | -90.43 | -52.86 | 1.05 | 5.0 | -57.83 | -0.19 | 68.85 | 40.62 | 6.25 | 30.2 | -45.55 | -2.41 | 41.36 | 43.16 | -1.75 | 50.0 | -254.87 | 1.86 | -5.58 | 0.0 | 0.35 | -38.6 | -40.68 | 165.22 | 0 | 2364.49 |
| 19Q4 (17) | 4.5 | 43.77 | 90.68 | -1.05 | -129.17 | -168.18 | -0.27 | 93.93 | -1450.0 | 2.44 | 306.78 | 876.0 | 3.45 | -48.74 | -11.54 | 1.0 | -71.18 | -64.03 | -0.61 | -317.86 | -48.78 | 4.80 | -66.64 | -58.22 | -4.11 | -181.51 | -161.78 | -3.5 | -257.14 | -386.11 | 1.97 | 1.03 | 0.0 | 0.57 | 14.0 | 50.0 | 0.00 | -100.0 | -100.0 |
| 19Q3 (16) | 3.13 | 222.68 | 595.56 | 3.6 | 154.38 | 171.15 | -4.45 | -3945.45 | -332.04 | -1.18 | -972.73 | 28.05 | 6.73 | 219.12 | 245.99 | 3.47 | 30.94 | 14.52 | 0.28 | 216.67 | 212.0 | 14.40 | 30.18 | 42.89 | -1.46 | -1985.71 | -278.05 | -0.98 | -476.92 | -189.09 | 1.95 | 4.28 | 0.52 | 0.5 | 0.0 | 38.89 | 212.93 | 477.31 | 1508.77 |
| 19Q2 (15) | 0.97 | 304.17 | 10.23 | -6.62 | -1539.13 | -132.28 | -0.11 | 96.64 | 0 | -0.11 | -450.0 | -109.48 | -5.65 | -907.14 | -186.8 | 2.65 | 6.43 | -11.96 | -0.24 | 25.0 | 20.0 | 11.06 | -3.7 | 9.57 | -0.07 | 98.35 | -120.59 | 0.26 | -76.99 | -48.0 | 1.87 | 0.54 | -4.59 | 0.5 | -15.25 | 51.52 | 36.88 | 450.16 | 16.93 |
| 19Q1 (14) | 0.24 | -89.83 | -86.59 | 0.46 | -70.13 | 138.98 | -3.27 | -16450.0 | -10800.0 | -0.02 | -108.0 | 98.97 | 0.7 | -82.05 | 14.75 | 2.49 | -10.43 | -51.74 | -0.32 | 21.95 | -190.91 | 11.49 | -0.1 | -41.06 | -4.24 | -170.06 | -1045.95 | 1.13 | 256.94 | 397.37 | 1.86 | -5.58 | -7.0 | 0.59 | 55.26 | 110.71 | 6.70 | -95.37 | -92.88 |
| 18Q4 (13) | 2.36 | 424.44 | -21.85 | 1.54 | 130.43 | 158.11 | 0.02 | 101.94 | 106.45 | 0.25 | 115.24 | -66.67 | 3.9 | 184.6 | 954.05 | 2.78 | -8.25 | -1.77 | -0.41 | -64.0 | -257.69 | 11.50 | 14.1 | 9.61 | -1.57 | -291.46 | 0 | -0.72 | -165.45 | -284.62 | 1.97 | 1.55 | -1.99 | 0.38 | 5.56 | 46.15 | 144.79 | 993.93 | 27.53 |
| 18Q3 (12) | 0.45 | -48.86 | -89.8 | -5.06 | -77.54 | -155.6 | -1.03 | 0 | 93.89 | -1.64 | -241.38 | -156.75 | -4.61 | -134.01 | -134.12 | 3.03 | 0.66 | 373.44 | -0.25 | 16.67 | -316.67 | 10.08 | -0.17 | 398.63 | 0.82 | 141.18 | 74.47 | 1.1 | 120.0 | 161.9 | 1.94 | -1.02 | -11.01 | 0.36 | 9.09 | 33.33 | 13.24 | -58.04 | -91.39 |
| 18Q2 (11) | 0.88 | -50.84 | -88.57 | -2.85 | -141.53 | -140.48 | 0 | 100.0 | 100.0 | 1.16 | 159.49 | 12.62 | -1.97 | -422.95 | -113.36 | 3.01 | -41.67 | 81.33 | -0.3 | -172.73 | -103.43 | 10.09 | -48.2 | 84.49 | 0.34 | 191.89 | -50.0 | 0.5 | 231.58 | 2.04 | 1.96 | -2.0 | -14.78 | 0.33 | 17.86 | 32.0 | 31.54 | -66.52 | -87.55 |
| 18Q1 (10) | 1.79 | -40.73 | -2.72 | -1.18 | 55.47 | -257.58 | -0.03 | 90.32 | 99.23 | -1.95 | -360.0 | -146.84 | 0.61 | 64.86 | -59.6 | 5.16 | 82.33 | 1190.0 | -0.11 | -142.31 | -1000.0 | 19.49 | 85.77 | 1430.17 | -0.37 | 0 | -148.05 | -0.38 | -197.44 | 0 | 2.0 | -0.5 | -26.74 | 0.28 | 7.69 | 7.69 | 94.21 | -17.02 | 53.09 |
| 17Q4 (9) | 3.02 | -31.52 | -46.92 | -2.65 | -129.12 | -93.43 | -0.31 | 98.16 | -210.0 | 0.75 | -74.05 | 377.78 | 0.37 | -97.26 | -91.44 | 2.83 | 342.19 | 128.23 | 0.26 | 533.33 | 300.0 | 10.49 | 419.05 | 181.94 | 0 | -100.0 | 100.0 | 0.39 | -7.14 | 107.03 | 2.01 | -7.8 | -34.74 | 0.26 | -3.7 | 30.0 | 113.53 | -26.11 | 0 |
| 17Q3 (8) | 4.41 | -42.73 | 32.04 | 9.1 | 29.26 | 845.9 | -16.86 | -213.38 | -364.46 | 2.89 | 180.58 | 275.15 | 13.51 | -8.34 | 537.26 | 0.64 | -61.45 | -41.82 | -0.06 | -100.69 | 64.71 | 2.02 | -63.06 | -36.34 | 0.47 | -30.88 | 62.07 | 0.42 | -14.29 | 231.25 | 2.18 | -5.22 | -37.54 | 0.27 | 8.0 | 35.0 | 153.66 | -39.33 | 55.04 |
| 17Q2 (7) | 7.7 | 318.48 | 177.98 | 7.04 | 2233.33 | 621.48 | -5.38 | -37.24 | -68.12 | 1.03 | 230.38 | 590.48 | 14.74 | 876.16 | 938.03 | 1.66 | 315.0 | 61.17 | 8.75 | 87600.0 | 5568.75 | 5.47 | 329.64 | 91.23 | 0.68 | -11.69 | 168.69 | 0.49 | 0 | 139.84 | 2.3 | -15.75 | -43.21 | 0.25 | -3.85 | 19.05 | 253.29 | 311.6 | 177.06 |
| 17Q1 (6) | 1.84 | -67.66 | -70.23 | -0.33 | 75.91 | 40.0 | -3.92 | -3820.0 | 0 | -0.79 | -192.59 | 78.12 | 1.51 | -65.05 | -73.18 | 0.4 | -67.74 | 0 | -0.01 | 92.31 | 83.33 | 1.27 | -65.77 | 0 | 0.77 | 113.68 | 0 | 0 | 100.0 | 0 | 2.73 | -11.36 | -40.0 | 0.26 | 30.0 | 18.18 | 61.54 | 0 | -52.5 |
| 16Q4 (5) | 5.69 | 70.36 | -21.08 | -1.37 | -12.3 | 26.34 | -0.1 | 97.25 | 0 | -0.27 | 83.64 | -113.11 | 4.32 | 103.77 | -19.25 | 1.24 | 12.73 | 0 | -0.13 | 23.53 | 86.6 | 3.72 | 17.19 | 0 | -5.63 | -2041.38 | 0 | -5.55 | -1634.38 | 0 | 3.08 | -11.75 | -38.89 | 0.2 | 0.0 | 5.26 | 0.00 | -100.0 | -100.0 |
| 16Q3 (4) | 3.34 | 20.58 | 0.0 | -1.22 | 9.63 | 0.0 | -3.63 | -13.44 | 0.0 | -1.65 | -685.71 | 0.0 | 2.12 | 49.3 | 0.0 | 1.1 | 6.8 | 0.0 | -0.17 | -6.25 | 0.0 | 3.17 | 10.96 | 0.0 | 0.29 | 129.29 | 0.0 | -0.32 | 73.98 | 0.0 | 3.49 | -13.83 | 0.0 | 0.2 | -4.76 | 0.0 | 99.11 | 8.41 | 0.0 |
| 16Q2 (3) | 2.77 | -55.18 | 0.0 | -1.35 | -145.45 | 0.0 | -3.2 | 0 | 0.0 | -0.21 | 94.18 | 0.0 | 1.42 | -74.78 | 0.0 | 1.03 | 0 | 0.0 | -0.16 | -166.67 | 0.0 | 2.86 | 0 | 0.0 | -0.99 | 0 | 0.0 | -1.23 | 0 | 0.0 | 4.05 | -10.99 | 0.0 | 0.21 | -4.55 | 0.0 | 91.42 | -29.44 | 0.0 |
| 16Q1 (2) | 6.18 | -14.29 | 0.0 | -0.55 | 70.43 | 0.0 | 0 | 0 | 0.0 | -3.61 | -275.24 | 0.0 | 5.63 | 5.23 | 0.0 | 0 | 0 | 0.0 | -0.06 | 93.81 | 0.0 | 0.00 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 4.55 | -9.72 | 0.0 | 0.22 | 15.79 | 0.0 | 129.56 | -6.02 | 0.0 |
| 15Q4 (1) | 7.21 | 0.0 | 0.0 | -1.86 | 0.0 | 0.0 | 0 | 0.0 | 0.0 | 2.06 | 0.0 | 0.0 | 5.35 | 0.0 | 0.0 | 0 | 0.0 | 0.0 | -0.97 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 0 | 0.0 | 0.0 | 0 | 0.0 | 0.0 | 5.04 | 0.0 | 0.0 | 0.19 | 0.0 | 0.0 | 137.86 | 0.0 | 0.0 |
