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) | 16.85 | 15.65 | 3.49 | 0 | -2.55 | 0 | 2.16 | 0 | 20.34 | 49.12 | 5.89 | -13.64 | -0.22 | 0 | 5.30 | -5.88 | 3.42 | -70.74 | 4.96 | -43.12 | 8.12 | 19.59 | 0.19 | 5.56 | 126.98 | 36.74 |
| 2018 (9) | 14.57 | 21.82 | -0.93 | 0 | -8.73 | 0 | -0.9 | 0 | 13.64 | 3.96 | 6.82 | 8.08 | 2.09 | 182.43 | 5.63 | 2.73 | 11.69 | -11.44 | 8.72 | 56.27 | 6.79 | 4.46 | 0.18 | 5.88 | 92.86 | -4.89 |
| 2017 (8) | 11.96 | 24.45 | 1.16 | 0 | -9.26 | 0 | 0.74 | 0 | 13.12 | 0 | 6.31 | 21.35 | 0.74 | 0 | 5.48 | 10.61 | 13.2 | 27.41 | 5.58 | 29.47 | 6.5 | -4.55 | 0.17 | 6.25 | 97.63 | 14.6 |
| 2016 (7) | 9.61 | -13.58 | -13.2 | 0 | -0.95 | 0 | -0.2 | 0 | -3.59 | 0 | 5.2 | -5.45 | 0 | 0 | 4.96 | -15.08 | 10.36 | 183.06 | 4.31 | -9.64 | 6.81 | -8.34 | 0.16 | 0.0 | 85.20 | -5.3 |
| 2015 (6) | 11.12 | -0.27 | 2.18 | 0 | -4.26 | 0 | -4.59 | 0 | 13.3 | 186.64 | 5.5 | -14.6 | 0 | 0 | 5.84 | -8.0 | 3.66 | -30.94 | 4.77 | 11.19 | 7.43 | 0.68 | 0.16 | -15.79 | 89.97 | -4.3 |
| 2014 (5) | 11.15 | 19.0 | -6.51 | 0 | -1.73 | 0 | -0.08 | 0 | 4.64 | 0 | 6.44 | -45.1 | -0.01 | 0 | 6.35 | -47.99 | 5.3 | 29.9 | 4.29 | 176.77 | 7.38 | 4.53 | 0.19 | 11.76 | 94.01 | -11.91 |
| 2013 (4) | 9.37 | 0 | -13.98 | 0 | 4.83 | 0 | 0.62 | 0 | -4.61 | 0 | 11.73 | 0 | 0 | 0 | 12.20 | 0 | 4.08 | 0 | 1.55 | 0 | 7.06 | 0 | 0.17 | 0 | 106.72 | 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) | 0.44 | -77.44 | -92.96 | -0.35 | -101.9 | -105.02 | -1.78 | 89.39 | 67.7 | -24.86 | 1.39 | -3095.18 | 0.09 | -99.56 | -99.32 | 0.74 | 64.44 | -38.84 | 0 | 0 | 0 | 4.22 | 58.54 | 0.4 | -0.21 | 19.23 | -121.21 | 0.65 | -48.0 | -32.29 | 1.76 | 0.0 | -12.44 | 0.03 | 0.0 | -40.0 | 18.03 | -71.89 | -91.29 |
| 20Q2 (19) | 1.95 | 360.0 | -41.79 | 18.41 | 1338.28 | 703.93 | -16.77 | 3.29 | -6350.0 | -25.21 | 1.68 | -31412.5 | 20.36 | 3741.51 | 260.99 | 0.45 | -47.06 | -48.86 | 0 | 0 | 100.0 | 2.66 | -54.6 | -13.29 | -0.26 | 84.43 | -129.89 | 1.25 | -94.26 | -11.97 | 1.76 | -2.76 | -14.15 | 0.03 | 0.0 | -40.0 | 64.14 | 2120.13 | -32.6 |
| 20Q1 (18) | -0.75 | -110.12 | -400.0 | 1.28 | 372.34 | 124.2 | -17.34 | -3252.73 | -749.44 | -25.64 | -1702.5 | -13394.74 | 0.53 | -92.36 | 109.74 | 0.85 | -64.58 | -39.72 | 0 | 0 | 0 | 5.86 | -33.27 | 9.02 | -1.67 | -551.35 | -240.34 | 21.78 | 1898.17 | 1361.74 | 1.81 | -10.84 | -10.84 | 0.03 | -40.0 | -40.0 | -3.18 | -101.36 | 24.43 |
| 19Q4 (17) | 7.41 | 18.56 | 36.72 | -0.47 | -106.74 | -137.6 | 0.55 | 109.98 | -22.54 | 1.6 | 92.77 | 661.9 | 6.94 | -47.5 | 4.05 | 2.4 | 98.35 | 100.0 | 0 | 0 | 0 | 8.78 | 109.01 | 104.68 | 0.37 | -62.63 | -81.31 | 1.09 | 13.54 | -54.39 | 2.03 | 1.0 | 13.41 | 0.05 | 0.0 | 0.0 | 233.75 | 12.95 | 82.43 |
| 19Q3 (16) | 6.25 | 86.57 | 8.7 | 6.97 | 204.37 | 676.03 | -5.51 | -2019.23 | 18.97 | 0.83 | 1137.5 | 147.43 | 13.22 | 134.4 | 191.19 | 1.21 | 37.5 | -52.36 | 0 | 100.0 | 0 | 4.20 | 36.93 | -46.0 | 0.99 | 13.79 | -71.39 | 0.96 | -32.39 | -71.43 | 2.01 | -1.95 | 18.24 | 0.05 | 0.0 | 0.0 | 206.95 | 117.46 | 83.92 |
| 19Q2 (15) | 3.35 | 2333.33 | 23.62 | 2.29 | 143.29 | 188.76 | -0.26 | -109.74 | 88.65 | -0.08 | 57.89 | -125.0 | 5.64 | 203.68 | 4238.46 | 0.88 | -37.59 | -37.59 | -0.22 | 0 | 0 | 3.07 | -42.92 | -27.02 | 0.87 | -26.89 | -78.78 | 1.42 | -4.7 | -31.07 | 2.05 | 0.99 | 23.49 | 0.05 | 0.0 | 0.0 | 95.17 | 2365.06 | 32.4 |
| 19Q1 (14) | -0.15 | -102.77 | -122.06 | -5.29 | -523.2 | -428.57 | 2.67 | 276.06 | 841.67 | -0.19 | -190.48 | -113.19 | -5.44 | -181.56 | -337.55 | 1.41 | 17.5 | -15.06 | 0 | 0 | -100.0 | 5.37 | 25.29 | -13.05 | 1.19 | -39.9 | -44.65 | 1.49 | -37.66 | 61.96 | 2.03 | 13.41 | 23.78 | 0.05 | 0.0 | 25.0 | -4.20 | -103.28 | -116.07 |
| 18Q4 (13) | 5.42 | -5.74 | 24.6 | 1.25 | 203.31 | -54.38 | 0.71 | 110.44 | 135.32 | 0.21 | 112.0 | -68.66 | 6.67 | 46.92 | -5.92 | 1.2 | -52.76 | -43.13 | 0 | 0 | -100.0 | 4.29 | -44.85 | -37.23 | 1.98 | -42.77 | -50.25 | 2.39 | -28.87 | 696.67 | 1.79 | 5.29 | 9.15 | 0.05 | 0.0 | 0.0 | 128.13 | 13.87 | -41.38 |
| 18Q3 (12) | 5.75 | 112.18 | 44.11 | -1.21 | 53.1 | -118.97 | -6.8 | -196.94 | -8.45 | -1.75 | -646.88 | -414.71 | 4.54 | 3392.31 | -56.22 | 2.54 | 80.14 | 56.79 | 0 | 0 | 0 | 7.78 | 85.05 | 55.11 | 3.46 | -15.61 | -11.05 | 3.36 | 63.11 | 25.37 | 1.7 | 2.41 | 4.29 | 0.05 | 0.0 | 0.0 | 112.52 | 56.54 | 22.96 |
| 18Q2 (11) | 2.71 | 298.53 | -13.97 | -2.58 | -260.25 | 5.15 | -2.29 | -536.11 | -12.25 | 0.32 | -77.78 | 77.78 | 0.13 | -94.32 | -69.77 | 1.41 | -15.06 | -12.42 | 0 | -100.0 | 0 | 4.20 | -32.0 | -24.33 | 4.1 | 90.7 | 13.89 | 2.06 | 123.91 | 16.38 | 1.66 | 1.22 | 3.11 | 0.05 | 25.0 | 25.0 | 71.88 | 174.85 | -21.96 |
| 18Q1 (10) | 0.68 | -84.37 | 44.68 | 1.61 | -41.24 | 130.73 | -0.36 | 82.09 | -133.64 | 1.44 | 114.93 | 526.09 | 2.29 | -67.7 | 148.01 | 1.66 | -21.33 | 71.13 | 2.09 | 182.43 | 0 | 6.18 | -9.55 | 45.71 | 2.15 | -45.98 | 23.56 | 0.92 | 206.67 | 12.2 | 1.64 | 0.0 | 0.61 | 0.04 | -20.0 | 0.0 | 26.15 | -88.04 | 38.56 |
| 17Q4 (9) | 4.35 | 9.02 | -31.71 | 2.74 | -57.05 | 132.01 | -2.01 | 67.94 | -6.35 | 0.67 | 297.06 | 452.63 | 7.09 | -31.63 | 423.74 | 2.11 | 30.25 | 131.87 | 0.74 | 0 | 0 | 6.83 | 36.28 | 98.3 | 3.98 | 2.31 | 92.27 | 0.3 | -88.81 | -65.12 | 1.64 | 0.61 | 0.61 | 0.05 | 0.0 | 25.0 | 218.59 | 138.86 | -13.18 |
| 17Q3 (8) | 3.99 | 26.67 | 28.3 | 6.38 | 334.56 | 307.14 | -6.27 | -207.35 | -347.86 | -0.34 | -288.89 | -213.33 | 10.37 | 2311.63 | 34466.67 | 1.62 | 0.62 | 38.46 | 0 | 0 | 0 | 5.01 | -9.72 | 20.12 | 3.89 | 8.06 | 8.06 | 2.68 | 51.41 | 57.65 | 1.63 | 1.24 | -2.4 | 0.05 | 25.0 | 25.0 | 91.51 | -0.64 | 0.34 |
| 17Q2 (7) | 3.15 | 570.21 | 73.08 | -2.72 | 48.09 | -107.63 | -2.04 | -290.65 | -324.18 | 0.18 | -21.74 | 172.0 | 0.43 | 109.01 | -15.69 | 1.61 | 65.98 | 10.27 | 0 | 0 | 0 | 5.55 | 30.94 | 2.51 | 3.6 | 106.9 | 5.57 | 1.77 | 115.85 | 14.19 | 1.61 | -1.23 | -6.94 | 0.04 | 0.0 | 33.33 | 92.11 | 387.96 | 67.51 |
| 17Q1 (6) | 0.47 | -92.62 | 127.81 | -5.24 | 38.79 | -1996.0 | 1.07 | 156.61 | 0 | 0.23 | 221.05 | 106.3 | -4.77 | -117.81 | -145.88 | 0.97 | 6.59 | 0 | 0 | 0 | -100.0 | 4.24 | 23.09 | 0 | 1.74 | -15.94 | 0 | 0.82 | -4.65 | 0 | 1.63 | 0.0 | -8.43 | 0.04 | 0.0 | 0.0 | 18.88 | -92.5 | 120.33 |
| 16Q4 (5) | 6.37 | 104.82 | 31.88 | -8.56 | -177.92 | -438.36 | -1.89 | -35.0 | 0 | -0.19 | -163.33 | 54.76 | -2.19 | -7400.0 | -167.59 | 0.91 | -22.22 | 0 | 0 | 0 | -100.0 | 3.45 | -17.45 | 0 | 2.07 | -42.5 | 0 | 0.86 | -49.41 | 0 | 1.63 | -2.4 | -9.94 | 0.04 | 0.0 | 0.0 | 251.78 | 176.07 | -3.56 |
| 16Q3 (4) | 3.11 | 70.88 | 0.0 | -3.08 | -135.11 | 0.0 | -1.4 | -253.85 | 0.0 | 0.3 | 220.0 | 0.0 | 0.03 | -94.12 | 0.0 | 1.17 | -19.86 | 0.0 | 0 | 0 | 0.0 | 4.17 | -22.95 | 0.0 | 3.6 | 5.57 | 0.0 | 1.7 | 9.68 | 0.0 | 1.67 | -3.47 | 0.0 | 0.04 | 33.33 | 0.0 | 91.20 | 65.87 | 0.0 |
| 16Q2 (3) | 1.82 | 207.69 | 0.0 | -1.31 | -424.0 | 0.0 | 0.91 | 0 | 0.0 | -0.25 | 93.15 | 0.0 | 0.51 | 126.29 | 0.0 | 1.46 | 0 | 0.0 | 0 | -100.0 | 0.0 | 5.42 | 0 | 0.0 | 3.41 | 0 | 0.0 | 1.55 | 0 | 0.0 | 1.73 | -2.81 | 0.0 | 0.03 | -25.0 | 0.0 | 54.98 | 159.21 | 0.0 |
| 16Q1 (2) | -1.69 | -134.99 | 0.0 | -0.25 | 84.28 | 0.0 | 0 | 0 | 0.0 | -3.65 | -769.05 | 0.0 | -1.94 | -159.88 | 0.0 | 0 | 0 | 0.0 | 0.14 | -94.7 | 0.0 | 0.00 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 1.78 | -1.66 | 0.0 | 0.04 | 0.0 | 0.0 | -92.86 | -135.57 | 0.0 |
| 15Q4 (1) | 4.83 | 0.0 | 0.0 | -1.59 | 0.0 | 0.0 | 0 | 0.0 | 0.0 | -0.42 | 0.0 | 0.0 | 3.24 | 0.0 | 0.0 | 0 | 0.0 | 0.0 | 2.64 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 0 | 0.0 | 0.0 | 0 | 0.0 | 0.0 | 1.81 | 0.0 | 0.0 | 0.04 | 0.0 | 0.0 | 261.08 | 0.0 | 0.0 |
