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) | 25.11 | -44.89 | -25.23 | 0 | -1.28 | 0 | -1.52 | 0 | -0.12 | 0 | 29.82 | -5.87 | 0 | 0 | 18.68 | 19.76 | -36.92 | 0 | -37.54 | 0 | 48.57 | 2.08 | 2.6 | -5.11 | 184.23 | 85.03 |
| 2018 (9) | 45.56 | -34.63 | -37.89 | 0 | -19.42 | 0 | -0.87 | 0 | 7.67 | -83.82 | 31.68 | 43.61 | 0 | 0 | 15.60 | 78.72 | -6.79 | 0 | -4.56 | 0 | 47.58 | -1.69 | 2.74 | -24.1 | 99.56 | -2.14 |
| 2017 (8) | 69.7 | 0.33 | -22.3 | 0 | -40.03 | 0 | -3.48 | 0 | 47.4 | -28.85 | 22.06 | -15.9 | 0 | 0 | 8.73 | -15.01 | 23.07 | 0 | 16.5 | 0 | 48.4 | -9.92 | 3.61 | -6.23 | 101.74 | -67.61 |
| 2016 (7) | 69.47 | 4.54 | -2.85 | 0 | -83.81 | 0 | 1.93 | 0 | 66.62 | 315.34 | 26.23 | -33.17 | 0 | 0 | 10.27 | -33.25 | -12.56 | 0 | -35.46 | 0 | 53.73 | -5.42 | 3.85 | 0.0 | 314.06 | 44.01 |
| 2015 (6) | 66.45 | 55.62 | -50.41 | 0 | -43.54 | 0 | -1.62 | 0 | 16.04 | 61.37 | 39.25 | -13.47 | 0 | 0 | 15.39 | -6.0 | -35.11 | 0 | -30.19 | 0 | 56.81 | 31.6 | 3.85 | 25.41 | 218.08 | 228.61 |
| 2014 (5) | 42.7 | 178.9 | -32.76 | 0 | -63.25 | 0 | 3.76 | -44.05 | 9.94 | 0 | 45.36 | 65.67 | 0 | 0 | 16.37 | 32.96 | 23.89 | 441.72 | 18.1 | 4663.16 | 43.17 | 0.75 | 3.07 | 96.79 | 66.37 | 94.16 |
| 2013 (4) | 15.31 | 0 | -43.38 | 0 | 69.49 | 0 | 6.72 | 0 | -28.07 | 0 | 27.38 | 0 | 0 | 0 | 12.31 | 0 | 4.41 | 0 | 0.38 | 0 | 42.85 | 0 | 1.56 | 0 | 34.18 | 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) | 4.81 | -52.0 | -33.47 | -14.92 | -6.57 | -117.81 | 11.96 | 60.32 | 528.67 | 0.24 | -86.05 | 180.0 | -10.11 | -154.02 | -2760.53 | 17.86 | 81.87 | 161.11 | 0 | 0 | 0 | 47.87 | 52.63 | 191.97 | -11.34 | -11.18 | -29.6 | -11.03 | -21.34 | -29.46 | 10.48 | -1.96 | -12.96 | 0.58 | -6.45 | -10.77 | 16033.33 | 3452.3 | 9147.44 |
| 20Q2 (19) | 10.02 | 424.61 | 174.52 | -14.0 | -99.15 | -245.68 | 7.46 | -42.48 | 546.71 | 1.72 | 465.96 | 249.57 | -3.98 | 22.27 | -895.0 | 9.82 | 53.2 | 41.7 | 0 | 0 | 0 | 31.36 | 65.77 | 82.25 | -10.2 | 17.81 | -38.02 | -9.09 | 39.12 | -62.03 | 10.69 | -4.89 | -12.09 | 0.62 | -6.06 | -4.62 | 451.35 | 0 | 790.34 |
| 20Q1 (18) | 1.91 | -80.57 | -56.59 | -7.03 | 3.7 | 0.0 | 12.97 | 143.8 | 706.07 | -0.47 | 6.0 | -209.3 | -5.12 | -302.37 | -94.68 | 6.41 | 0.31 | -33.71 | 0 | 0 | 0 | 18.92 | 18.61 | -26.57 | -12.41 | -43.47 | -2.31 | -14.93 | -21.38 | -34.38 | 11.24 | -7.72 | -7.79 | 0.66 | 0.0 | 3.12 | 0.00 | -100.0 | -100.0 |
| 19Q4 (17) | 9.83 | 35.96 | -46.49 | -7.3 | -6.57 | 43.19 | 5.32 | 290.68 | 186.02 | -0.5 | -66.67 | -1566.67 | 2.53 | 565.79 | -54.17 | 6.39 | -6.58 | -29.39 | 0 | 0 | 0 | 15.95 | -2.71 | -25.69 | -8.65 | 1.14 | 12.09 | -12.3 | -44.37 | -25.64 | 12.18 | 1.16 | 0.25 | 0.66 | 1.54 | -25.0 | 1820.37 | 949.92 | 221.07 |
| 19Q3 (16) | 7.23 | 98.08 | -33.97 | -6.85 | -69.14 | 24.31 | -2.79 | -67.07 | 71.5 | -0.3 | 73.91 | -163.83 | 0.38 | 195.0 | -80.0 | 6.84 | -1.3 | -2.56 | 0 | 0 | 0 | 16.40 | -4.73 | 31.91 | -8.75 | -18.4 | -800.0 | -8.52 | -51.87 | -42700.0 | 12.04 | -0.99 | 1.52 | 0.65 | 0.0 | 4.84 | 173.38 | 242.01 | 97.92 |
| 19Q2 (15) | 3.65 | -17.05 | -74.93 | -4.05 | 42.39 | 20.59 | -1.67 | 21.96 | 54.12 | -1.15 | -367.44 | -428.57 | -0.4 | 84.79 | -104.23 | 6.93 | -28.34 | 31.75 | 0 | 0 | 0 | 17.21 | -33.21 | 73.23 | -7.39 | 39.08 | -1494.34 | -5.61 | 49.5 | -559.84 | 12.16 | -0.25 | 2.01 | 0.65 | 1.56 | 6.56 | 50.69 | -80.18 | -52.13 |
| 19Q1 (14) | 4.4 | -76.05 | 161.9 | -7.03 | 45.29 | 35.5 | -2.14 | -215.05 | 72.74 | 0.43 | 1533.33 | 125.75 | -2.63 | -147.64 | 71.48 | 9.67 | 6.85 | -6.57 | 0 | 0 | 0 | 25.77 | 20.03 | 28.16 | -12.13 | -23.27 | -1055.12 | -11.11 | -13.48 | -377.75 | 12.19 | 0.33 | 4.64 | 0.64 | -27.27 | 0.0 | 255.81 | -54.88 | 2380.48 |
| 18Q4 (13) | 18.37 | 67.76 | -48.27 | -12.85 | -41.99 | -50.82 | 1.86 | 119.0 | 114.7 | -0.03 | -106.38 | 97.67 | 5.52 | 190.53 | -79.55 | 9.05 | 28.92 | 1.23 | 0 | 0 | 0 | 21.47 | 72.71 | 42.55 | -9.84 | -887.2 | -335.41 | -9.79 | -49050.0 | -347.22 | 12.15 | 2.45 | 1.33 | 0.88 | 41.94 | 3.53 | 566.98 | 547.23 | 168.24 |
| 18Q3 (12) | 10.95 | -24.79 | -20.94 | -9.05 | -77.45 | -491.5 | -9.79 | -168.96 | -58.93 | 0.47 | 34.29 | 121.66 | 1.9 | -79.92 | -84.58 | 7.02 | 33.46 | 162.92 | 0 | 0 | 0 | 12.43 | 25.12 | 223.9 | 1.25 | 135.85 | -85.31 | 0.02 | -98.36 | -99.75 | 11.86 | -0.5 | -1.08 | 0.62 | 1.64 | -29.55 | 87.60 | -17.27 | 32.25 |
| 18Q2 (11) | 14.56 | 766.67 | -33.15 | -5.1 | 53.21 | -157.58 | -3.64 | 53.63 | 81.61 | 0.35 | 120.96 | -42.62 | 9.46 | 202.6 | -52.22 | 5.26 | -49.18 | 2.53 | 0 | 0 | 0 | 9.93 | -50.59 | 28.68 | 0.53 | -58.27 | -91.47 | 1.22 | -69.5 | -83.31 | 11.92 | 2.32 | -1.41 | 0.61 | -4.69 | -34.41 | 105.89 | 926.76 | -1.16 |
| 18Q1 (10) | 1.68 | -95.27 | 217.48 | -10.9 | -27.93 | -6.13 | -7.85 | 37.94 | -448.95 | -1.67 | -29.46 | -165.08 | -9.22 | -134.16 | 21.2 | 10.35 | 15.77 | 94.55 | 0 | 0 | 0 | 20.10 | 33.52 | 116.58 | 1.27 | -69.62 | -69.54 | 4.0 | 1.01 | 242.35 | 11.65 | -2.84 | -5.59 | 0.64 | -24.71 | -32.63 | 10.31 | -95.12 | 175.58 |
| 17Q4 (9) | 35.51 | 156.39 | 3.14 | -8.52 | -456.86 | -2648.39 | -12.65 | -105.36 | 24.61 | -1.29 | 40.55 | -301.56 | 26.99 | 119.07 | -20.9 | 8.94 | 234.83 | 18.88 | 0 | 0 | -100.0 | 15.06 | 292.41 | 26.83 | 4.18 | -50.88 | -1.65 | 3.96 | -50.75 | 349.06 | 11.99 | 0.0 | -8.19 | 0.85 | -3.41 | -13.27 | 211.37 | 219.11 | -23.57 |
| 17Q3 (8) | 13.85 | -36.41 | -47.08 | -1.53 | 22.73 | 66.59 | -6.16 | 68.87 | 93.22 | -2.17 | -455.74 | 23.86 | 12.32 | -37.78 | -42.94 | 2.67 | -47.95 | -54.04 | 0 | 0 | 100.0 | 3.84 | -50.29 | -56.46 | 8.51 | 37.04 | 347.89 | 8.04 | 9.99 | 26700.0 | 11.99 | -0.83 | -7.84 | 0.88 | -5.38 | -7.37 | 66.24 | -38.17 | -64.59 |
| 17Q2 (7) | 21.78 | 1623.08 | 952.17 | -1.98 | 80.72 | -132.35 | -19.79 | -1283.92 | -178.13 | 0.61 | 196.83 | 377.27 | 19.8 | 269.23 | 141.76 | 5.13 | -3.57 | -10.47 | 0 | 0 | 0 | 7.72 | -16.83 | -11.68 | 6.21 | 48.92 | 243.75 | 7.31 | 360.14 | 141.77 | 12.09 | -2.03 | -10.84 | 0.93 | -2.11 | -1.06 | 107.13 | 885.14 | 0 |
| 17Q1 (6) | -1.43 | -104.15 | -121.03 | -10.27 | -3212.9 | -151.1 | -1.43 | 91.48 | 0 | -0.63 | -198.44 | -116.36 | -11.7 | -134.29 | -531.73 | 5.32 | -29.26 | 0 | 0 | -100.0 | -100.0 | 9.28 | -21.81 | 0 | 4.17 | -1.88 | 0 | -2.81 | -76.73 | 0 | 12.34 | -5.51 | -12.54 | 0.95 | -3.06 | -3.06 | -13.65 | -104.93 | -130.28 |
| 16Q4 (5) | 34.43 | 31.56 | 91.38 | -0.31 | 93.23 | 98.4 | -16.78 | 81.53 | 0 | 0.64 | 122.46 | -67.51 | 34.12 | 58.04 | 2469.44 | 7.52 | 29.43 | 0 | 0.05 | 200.0 | 101.21 | 11.87 | 34.7 | 0 | 4.25 | 123.68 | 0 | -1.59 | -5400.0 | 0 | 13.06 | 0.38 | -0.68 | 0.98 | 3.16 | -7.55 | 276.55 | 47.84 | 118.44 |
| 16Q3 (4) | 26.17 | 1164.25 | 0.0 | -4.58 | -174.84 | 0.0 | -90.87 | -458.74 | 0.0 | -2.85 | -1195.45 | 0.0 | 21.59 | 163.61 | 0.0 | 5.81 | 1.4 | 0.0 | -0.05 | 0 | 0.0 | 8.81 | 0.83 | 0.0 | 1.9 | 143.98 | 0.0 | 0.03 | 100.17 | 0.0 | 13.01 | -4.06 | 0.0 | 0.95 | 1.06 | 0.0 | 187.06 | 0 | 0.0 |
| 16Q2 (3) | 2.07 | -69.56 | 0.0 | 6.12 | 249.63 | 0.0 | 25.33 | 0 | 0.0 | -0.22 | -105.71 | 0.0 | 8.19 | 202.21 | 0.0 | 5.73 | 0 | 0.0 | 0 | -100.0 | 0.0 | 8.74 | 0 | 0.0 | -4.32 | 0 | 0.0 | -17.5 | 0 | 0.0 | 13.56 | -3.9 | 0.0 | 0.94 | -4.08 | 0.0 | 0.00 | -100.0 | 0.0 |
| 16Q1 (2) | 6.8 | -62.2 | 0.0 | -4.09 | 78.95 | 0.0 | 0 | 0 | 0.0 | 3.85 | 95.43 | 0.0 | 2.71 | 288.19 | 0.0 | 0 | 0 | 0.0 | 2.85 | 169.17 | 0.0 | 0.00 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 14.11 | 7.3 | 0.0 | 0.98 | -7.55 | 0.0 | 45.06 | -64.41 | 0.0 |
| 15Q4 (1) | 17.99 | 0.0 | 0.0 | -19.43 | 0.0 | 0.0 | 0 | 0.0 | 0.0 | 1.97 | 0.0 | 0.0 | -1.44 | 0.0 | 0.0 | 0 | 0.0 | 0.0 | -4.12 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 0 | 0.0 | 0.0 | 0 | 0.0 | 0.0 | 13.15 | 0.0 | 0.0 | 1.06 | 0.0 | 0.0 | 126.60 | 0.0 | 0.0 |
