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) | 13.75 | 9.91 | -6.88 | 0 | -5.37 | 0 | -0.08 | 0 | 6.87 | 0 | 1.0 | -80.95 | 0 | 0 | 1.97 | -80.62 | 13.36 | -3.47 | 9.46 | -15.08 | 2.56 | 39.89 | 0 | 0 | 114.39 | 18.6 |
| 2018 (9) | 12.51 | 22.41 | -15.96 | 0 | 3.69 | 265.35 | 0.03 | -25.0 | -3.45 | 0 | 5.25 | -25.0 | 0 | 0 | 10.14 | -37.63 | 13.84 | 29.71 | 11.14 | 17.02 | 1.83 | 22.82 | 0 | 0 | 96.45 | 3.91 |
| 2017 (8) | 10.22 | -11.52 | -11.93 | 0 | 1.01 | -91.43 | 0.04 | 0 | -1.71 | 0 | 7.0 | 20.27 | 0 | 0 | 16.26 | 21.09 | 10.67 | -3.61 | 9.52 | 5.43 | 1.49 | 24.17 | 0 | 0 | 92.82 | -17.78 |
| 2016 (7) | 11.55 | 15.73 | -15.15 | 0 | 11.78 | -12.81 | -0.05 | 0 | -3.6 | 0 | 5.82 | -7.47 | -2.94 | 0 | 13.43 | -5.85 | 11.07 | -4.16 | 9.03 | -12.33 | 1.2 | 4.35 | 0 | 0 | 112.90 | 29.87 |
| 2015 (6) | 9.98 | 32.71 | -16.83 | 0 | 13.51 | 0 | -0.08 | 0 | -6.85 | 0 | 6.29 | 2634.78 | 0 | 0 | 14.26 | 2345.8 | 11.55 | 11.16 | 10.3 | 142.92 | 1.15 | -4.96 | 0.03 | 50.0 | 86.93 | -36.76 |
| 2014 (5) | 7.52 | 18.43 | -0.1 | 0 | -0.98 | 0 | -0.08 | 0 | 7.42 | 52.99 | 0.23 | -84.87 | 0 | 0 | 0.58 | -87.11 | 10.39 | 26.55 | 4.24 | -30.26 | 1.21 | 1.68 | 0.02 | 0.0 | 137.48 | 57.83 |
| 2013 (4) | 6.35 | 11.21 | -1.5 | 0 | -2.57 | 0 | -0.08 | 0 | 4.85 | -9.68 | 1.52 | 237.78 | 0 | 0 | 4.53 | 185.69 | 8.21 | 18.3 | 6.08 | 20.16 | 1.19 | 22.68 | 0.02 | 0.0 | 87.11 | -7.71 |
| 2012 (3) | 5.71 | 0 | -0.34 | 0 | -5.21 | 0 | -0.07 | 0 | 5.37 | 0 | 0.45 | 0 | 0 | 0 | 1.58 | 0 | 6.94 | 0 | 5.06 | 0 | 0.97 | 0 | 0.02 | 0 | 94.38 | 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 | |||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 20Q1 (20) | 2.71 | -36.53 | -32.92 | -0.4 | -407.69 | 93.57 | 0.71 | 124.15 | 163.39 | 0.71 | 2466.67 | 3650.0 | 2.31 | -47.5 | 205.96 | 0.05 | 183.33 | -70.59 | 0 | 0 | 0 | 0.46 | 205.73 | -69.99 | 2.86 | -16.62 | 6.32 | 1.7 | -32.0 | -33.07 | 0.66 | -1.49 | 3.12 | 0 | 0 | 0 | 114.83 | -14.75 | -9.61 |
| 19Q4 (19) | 4.27 | 55.27 | 36.42 | 0.13 | 120.31 | 30.0 | -2.94 | -476.47 | 0 | -0.03 | -50.0 | -400.0 | 4.4 | 108.53 | 36.22 | -0.06 | -108.11 | -128.57 | 0 | 0 | 0 | -0.43 | -107.74 | -129.19 | 3.43 | -6.54 | -8.29 | 2.5 | 38.12 | -38.88 | 0.67 | 8.06 | 48.89 | 0 | 0 | 0 | 134.70 | 19.03 | 95.38 |
| 19Q3 (18) | 2.75 | 2.23 | -6.78 | -0.64 | -326.67 | 59.24 | -0.51 | 36.25 | -153.12 | -0.02 | 0.0 | -300.0 | 2.11 | -16.93 | 52.9 | 0.74 | 428.57 | -63.9 | 0 | 0 | 0 | 5.60 | 408.97 | -63.27 | 3.67 | 2.8 | 1.1 | 1.81 | -30.38 | -28.46 | 0.62 | -1.59 | 37.78 | 0 | 0 | 0 | 113.17 | 35.89 | 14.32 |
| 19Q2 (17) | 2.69 | -33.42 | -6.92 | -0.15 | 97.59 | 98.6 | -0.8 | 28.57 | -122.73 | -0.02 | 0.0 | -300.0 | 2.54 | 216.51 | 132.56 | 0.14 | -17.65 | -88.43 | 0 | 0 | 0 | 1.10 | -28.01 | -88.2 | 3.57 | 32.71 | 1.71 | 2.6 | 2.36 | 16.59 | 0.63 | -1.56 | 34.04 | 0 | 0 | 0 | 83.28 | -34.45 | -22.19 |
| 19Q1 (16) | 4.04 | 29.07 | 13.8 | -6.22 | -6320.0 | -63.25 | -1.12 | 0 | -40.0 | -0.02 | -300.0 | -300.0 | -2.18 | -167.49 | -738.46 | 0.17 | -19.05 | -90.45 | 0 | 0 | 0 | 1.53 | 2.86 | -90.35 | 2.69 | -28.07 | -7.88 | 2.54 | -37.9 | 10.43 | 0.64 | 42.22 | 39.13 | 0 | 0 | 0 | 127.04 | 84.27 | -1.23 |
| 18Q4 (15) | 3.13 | 6.1 | 29.34 | 0.1 | 106.37 | 190.91 | 0 | -100.0 | -100.0 | 0.01 | 0.0 | 0.0 | 3.23 | 134.06 | 39.83 | 0.21 | -89.76 | -82.2 | 0 | 0 | 0 | 1.49 | -90.26 | -84.07 | 3.74 | 3.03 | 32.16 | 4.09 | 61.66 | 66.94 | 0.45 | 0.0 | 0.0 | 0 | 0 | 0 | 68.94 | -30.36 | -17.38 |
| 18Q3 (14) | 2.95 | 2.08 | 49.75 | -1.57 | 85.31 | 82.3 | 0.96 | -72.73 | 168.57 | 0.01 | 0.0 | 0.0 | 1.38 | 117.69 | 120.0 | 2.05 | 69.42 | -2.84 | 0 | 0 | 0 | 15.25 | 63.5 | -20.19 | 3.63 | 3.42 | 33.95 | 2.53 | 13.45 | -0.39 | 0.45 | -4.26 | 18.42 | 0 | 0 | 0 | 98.99 | -7.51 | 46.73 |
| 18Q2 (13) | 2.89 | -18.59 | 6.25 | -10.69 | -180.58 | -3859.26 | 3.52 | 540.0 | -11.56 | 0.01 | 0.0 | 0.0 | -7.8 | -2900.0 | -418.37 | 1.21 | -32.02 | 16.35 | 0 | 0 | 0 | 9.33 | -41.14 | -7.07 | 3.51 | 20.21 | 31.95 | 2.23 | -3.04 | -8.23 | 0.47 | 2.17 | 27.03 | 0 | 0 | 0 | 107.04 | -16.78 | 10.19 |
| 18Q1 (12) | 3.55 | 46.69 | 14.52 | -3.81 | -3363.64 | -42.16 | -0.8 | -203.9 | 65.81 | 0.01 | 0.0 | 0.0 | -0.26 | -111.26 | -161.9 | 1.78 | 50.85 | -33.58 | 0 | 0 | 0 | 15.85 | 69.92 | -46.83 | 2.92 | 3.18 | 18.22 | 2.3 | -6.12 | 9.52 | 0.46 | 2.22 | 58.62 | 0 | 0 | 0 | 128.62 | 54.14 | -0.84 |
| 17Q4 (11) | 2.42 | 22.84 | -32.02 | -0.11 | 98.76 | -126.83 | 0.77 | 155.0 | -86.9 | 0.01 | 0.0 | 200.0 | 2.31 | 133.48 | -41.81 | 1.18 | -44.08 | 521.05 | 0 | 0 | 100.0 | 9.33 | -51.19 | 460.17 | 2.83 | 4.43 | -10.73 | 2.45 | -3.54 | -0.81 | 0.45 | 18.42 | 55.17 | 0 | 0 | 0 | 83.45 | 23.69 | -35.3 |
| 17Q3 (10) | 1.97 | -27.57 | -16.88 | -8.87 | -3185.19 | 34.15 | -1.4 | -135.18 | -123.73 | 0.01 | 0.0 | 200.0 | -6.9 | -381.63 | 37.84 | 2.11 | 102.88 | 251.67 | 0 | 0 | 100.0 | 19.11 | 90.39 | 244.02 | 2.71 | 1.88 | -0.73 | 2.54 | 4.53 | 17.05 | 0.38 | 2.7 | 26.67 | 0 | 0 | 0 | 67.47 | -30.55 | -29.69 |
| 17Q2 (9) | 2.72 | -12.26 | 13.81 | -0.27 | 89.93 | -129.67 | 3.98 | 270.09 | 0 | 0.01 | 0.0 | 200.0 | 2.45 | 483.33 | -25.76 | 1.04 | -61.19 | -48.51 | 0 | 0 | 0 | 10.04 | -66.33 | -44.74 | 2.66 | 7.69 | 1.14 | 2.43 | 15.71 | 11.98 | 0.37 | 27.59 | 19.35 | 0 | 0 | 0 | 97.14 | -25.11 | 0.8 |
| 17Q1 (8) | 3.1 | -12.92 | -4.02 | -2.68 | -753.66 | 10.96 | -2.34 | -139.8 | 0 | 0.01 | 200.0 | 101.39 | 0.42 | -89.42 | 90.91 | 2.68 | 1310.53 | 0 | 0 | 100.0 | 0 | 29.81 | 1690.22 | 0 | 2.47 | -22.08 | 0 | 2.1 | -14.98 | 0 | 0.29 | 0.0 | -3.33 | 0 | 0 | 0 | 129.71 | 0.56 | -87.95 |
| 16Q4 (7) | 3.56 | 50.21 | 39.61 | 0.41 | 103.04 | 130.6 | 5.88 | -0.34 | 0 | -0.01 | 0.0 | 99.15 | 3.97 | 135.77 | 228.1 | 0.19 | -68.33 | 0 | -1.3 | 20.73 | 0 | 1.67 | -70.03 | 0 | 3.17 | 16.12 | 0 | 2.47 | 13.82 | 0 | 0.29 | -3.33 | 0.0 | 0 | 0 | -100.0 | 128.99 | 34.43 | -84.83 |
| 16Q3 (6) | 2.37 | -0.84 | -30.29 | -13.47 | -1580.22 | -995.12 | 5.9 | 0 | 0 | -0.01 | 0.0 | -101.89 | -11.1 | -436.36 | -611.52 | 0.6 | -70.3 | 0 | -1.64 | 0 | 0 | 5.56 | -69.42 | 0 | 2.73 | 3.8 | 0 | 2.17 | 0.0 | 0 | 0.3 | -3.23 | 3.45 | 0 | 0 | -100.0 | 95.95 | -0.44 | -91.53 |
| 16Q2 (5) | 2.39 | -26.01 | 482.93 | 0.91 | 130.23 | 113.6 | 0 | 0 | 0 | -0.01 | 98.61 | 97.92 | 3.3 | 1400.0 | 152.55 | 2.02 | 0 | 0 | 0 | 0 | 0 | 18.17 | 0 | 0 | 2.63 | 0 | 0 | 2.17 | 0 | 0 | 0.31 | 3.33 | 0 | 0 | 0 | 0 | 96.37 | -91.05 | 0 |
| 16Q1 (4) | 3.23 | 26.67 | 0.0 | -3.01 | -124.63 | 0.0 | 0 | 0 | 0.0 | -0.72 | 38.98 | 0.0 | 0.22 | -81.82 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0.3 | 3.45 | 0.0 | 0 | -100.0 | 0.0 | 1076.67 | 26.67 | 0.0 |
| 15Q4 (3) | 2.55 | -25.0 | 0.0 | -1.34 | -8.94 | 0.0 | 0 | 0 | 0.0 | -1.18 | -322.64 | 0.0 | 1.21 | -44.24 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0.29 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 850.00 | -25.0 | 0.0 |
| 15Q3 (2) | 3.4 | 729.27 | 0.0 | -1.23 | 81.61 | 0.0 | 0 | 0 | 0.0 | 0.53 | 210.42 | 0.0 | 2.17 | 134.55 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0.29 | 0 | 0.0 | 0.01 | 0 | 0.0 | 1133.33 | 0 | 0.0 |
| 15Q2 (1) | 0.41 | 0.0 | 0.0 | -6.69 | 0.0 | 0.0 | 0 | 0.0 | 0.0 | -0.48 | 0.0 | 0.0 | -6.28 | 0.0 | 0.0 | 0 | 0.0 | 0.0 | 0 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 0 | 0.0 | 0.0 | 0 | 0.0 | 0.0 | 0 | 0.0 | 0.0 | 0 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 |
