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 | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 (10) | 25.28 | -43.43 | -12.74 | 0 | -5.92 | 0 | 3.43 | 0 | 12.54 | -29.07 | 24.54 | -2.23 | 0.23 | 0 | 14.07 | -11.02 | 19.79 | 61.68 | 15.25 | 32.96 | 14.89 | 3.47 | 0.58 | 3.57 | 82.29 | -51.35 |
| 2019 (9) | 44.69 | 26.85 | -27.01 | 0 | -7.48 | 0 | -0.09 | 0 | 17.68 | 68.54 | 25.1 | -45.75 | -0.28 | 0 | 15.82 | -40.0 | 12.24 | -67.98 | 11.47 | -60.22 | 14.39 | 22.57 | 0.56 | -28.21 | 169.15 | 98.54 |
| 2018 (8) | 35.23 | 108.22 | -24.74 | 0 | -4.5 | 0 | 1.12 | 0 | 10.49 | 0 | 46.27 | 52.1 | 0.53 | 0 | 26.36 | 9.53 | 38.23 | 114.05 | 28.83 | 145.78 | 11.74 | 31.76 | 0.78 | 39.29 | 85.20 | 6.75 |
| 2017 (7) | 16.92 | -3.42 | -74.99 | 0 | 64.13 | 1437.89 | -0.64 | 0 | -58.07 | 0 | 30.42 | 74.83 | -0.17 | 0 | 24.07 | 57.14 | 17.86 | 10.25 | 11.73 | 72.75 | 8.91 | -2.3 | 0.56 | -6.67 | 79.81 | -24.79 |
| 2016 (6) | 17.52 | 150.64 | -15.9 | 0 | 4.17 | -4.14 | -0.14 | 0 | 1.62 | 0 | 17.4 | 67.63 | -1.37 | 0 | 15.32 | -29.77 | 16.2 | 160.45 | 6.79 | 21.25 | 9.12 | 72.4 | 0.6 | 160.87 | 106.12 | 68.82 |
| 2015 (5) | 6.99 | 32.89 | -9.18 | 0 | 4.35 | 383.33 | 0.66 | 0 | -2.19 | 0 | 10.38 | 82.11 | -0.25 | 0 | 21.81 | 51.08 | 6.22 | 34.34 | 5.6 | 53.85 | 5.29 | 13.76 | 0.23 | 35.29 | 62.86 | 1.1 |
| 2014 (4) | 5.26 | -30.61 | -5.23 | 0 | 0.9 | -53.61 | -0.14 | 0 | 0.03 | 0 | 5.7 | 4.97 | -0.1 | 0 | 14.43 | -1.51 | 4.63 | 42.9 | 3.64 | 34.81 | 4.65 | 9.67 | 0.17 | 13.33 | 62.17 | -41.84 |
| 2013 (3) | 7.58 | 0 | -8.36 | 0 | 1.94 | 0 | 0.01 | 0 | -0.78 | 0 | 5.43 | 0 | -0.04 | 0 | 14.66 | 0 | 3.24 | 0 | 2.7 | 0 | 4.24 | 0 | 0.15 | 0 | 106.91 | 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 | |||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 21Q3 (20) | 9.97 | -5.85 | 127.11 | -4.46 | -33.53 | -93.07 | -6.57 | 15.88 | -159.68 | 1.82 | -17.27 | 35.82 | 5.51 | -24.0 | 164.9 | 3.18 | -10.92 | -29.33 | -0.01 | -200.0 | -200.0 | 7.15 | -6.82 | -23.88 | 5.67 | -7.5 | -7.05 | 1.79 | -56.87 | -66.97 | 4.46 | 21.53 | 20.22 | 0.2 | 0.0 | 42.86 | 154.57 | 17.06 | 226.4 |
| 21Q2 (19) | 10.59 | 166.08 | 212.39 | -3.34 | -153.27 | -68.69 | -7.81 | 62.34 | -461.87 | 2.2 | 547.06 | 885.71 | 7.25 | -29.27 | 414.18 | 3.57 | -34.73 | -50.0 | 0.01 | -95.0 | 125.0 | 7.67 | -38.8 | -51.67 | 6.13 | 15.23 | -19.66 | 4.15 | -15.65 | -29.78 | 3.67 | -7.79 | -0.54 | 0.2 | 0.0 | 33.33 | 132.04 | 201.91 | 279.78 |
| 21Q1 (18) | 3.98 | -84.54 | 148.3 | 6.27 | 149.84 | 51.82 | -20.74 | -546.11 | -1814.05 | 0.34 | -84.19 | 54.55 | 10.25 | -22.17 | 349.39 | 5.47 | -12.34 | -17.87 | 0.2 | 433.33 | -37.5 | 12.54 | -9.02 | -31.84 | 5.32 | 76.16 | 75.0 | 4.92 | 275.57 | 88.51 | 3.98 | -1.0 | 15.03 | 0.2 | 42.86 | 33.33 | 43.74 | -90.71 | 133.01 |
| 20Q4 (17) | 25.75 | 486.56 | 84.72 | -12.58 | -444.59 | -44.27 | -3.21 | -26.88 | 59.82 | 2.15 | 60.45 | 362.2 | 13.17 | 533.17 | 152.3 | 6.24 | 38.67 | 115.92 | -0.06 | -700.0 | 57.14 | 13.78 | 46.72 | 90.36 | 3.02 | -50.49 | 1308.0 | 1.31 | -75.83 | -11.49 | 4.02 | 8.36 | 6.91 | 0.14 | 0.0 | -6.67 | 470.75 | 894.04 | 82.02 |
| 20Q3 (16) | 4.39 | 29.5 | -57.79 | -2.31 | -16.67 | 53.33 | -2.53 | -82.01 | -650.0 | 1.34 | 578.57 | 39.58 | 2.08 | 47.52 | -61.83 | 4.5 | -36.97 | -18.18 | 0.01 | 125.0 | -85.71 | 9.39 | -40.83 | -28.89 | 6.1 | -20.05 | 77.33 | 5.42 | -8.29 | 48.09 | 3.71 | 0.54 | 2.49 | 0.14 | -6.67 | -6.67 | 47.36 | 36.2 | -66.17 |
| 20Q2 (15) | 3.39 | 141.14 | -65.62 | -1.98 | -147.94 | 50.87 | -1.39 | -214.88 | -149.47 | -0.28 | -227.27 | -1300.0 | 1.41 | 134.31 | -75.81 | 7.14 | 7.21 | -40.94 | -0.04 | -112.5 | 42.86 | 15.87 | -13.7 | -47.26 | 7.63 | 150.99 | 73.41 | 5.91 | 126.44 | 91.88 | 3.69 | 6.65 | 0.82 | 0.15 | 0.0 | 7.14 | 34.77 | 126.25 | -75.74 |
| 20Q1 (14) | -8.24 | -159.11 | -178.48 | 4.13 | 147.36 | 144.36 | 1.21 | 115.14 | 143.84 | 0.22 | 126.83 | 204.76 | -4.11 | -178.74 | -445.38 | 6.66 | 130.45 | 44.16 | 0.32 | 328.57 | 328.57 | 18.39 | 154.06 | 47.22 | 3.04 | 1316.0 | -34.62 | 2.61 | 76.35 | -19.44 | 3.46 | -7.98 | 3.59 | 0.15 | 0.0 | 15.38 | -132.48 | -151.22 | -184.66 |
| 19Q4 (13) | 13.94 | 34.04 | -52.75 | -8.72 | -76.16 | 57.34 | -7.99 | -1836.96 | 51.78 | -0.82 | -185.42 | -583.33 | 5.22 | -4.22 | -42.38 | 2.89 | -47.45 | -86.83 | -0.14 | -300.0 | -148.28 | 7.24 | -45.19 | -86.39 | -0.25 | -107.27 | -103.5 | 1.48 | -59.56 | -61.26 | 3.76 | 3.87 | 11.24 | 0.15 | 0.0 | 134.09 | 258.63 | 84.77 | -40.73 |
| 19Q3 (12) | 10.4 | 5.48 | 494.29 | -4.95 | -22.83 | -787.5 | 0.46 | -83.63 | 163.89 | 0.96 | 4900.0 | 318.18 | 5.45 | -6.52 | 120.65 | 5.5 | -54.51 | -29.49 | 0.07 | 200.0 | -56.25 | 13.21 | -56.11 | 2.31 | 3.44 | -21.82 | -80.73 | 3.66 | 18.83 | -75.03 | 3.62 | -1.09 | 11.73 | 0.15 | 7.14 | -83.7 | 139.97 | -2.33 | 1405.31 |
| 19Q2 (11) | 9.86 | -6.1 | 906.12 | -4.03 | 56.71 | -20250.0 | 2.81 | 201.81 | -65.56 | -0.02 | 90.48 | -100.93 | 5.83 | 389.92 | 483.0 | 12.09 | 161.69 | 50.94 | -0.07 | 50.0 | -187.5 | 30.10 | 140.91 | 61.65 | 4.4 | -5.38 | -53.93 | 3.08 | -4.94 | -60.21 | 3.66 | 9.58 | 41.31 | 0.14 | 7.69 | 55.56 | 143.31 | -8.42 | 1423.81 |
| 19Q1 (10) | 10.5 | -64.41 | 250.0 | -9.31 | 54.45 | -84.36 | -2.76 | 83.34 | -159.48 | -0.21 | -75.0 | 55.32 | 1.19 | -86.87 | 158.05 | 4.62 | -78.95 | -45.71 | -0.14 | -148.28 | 0 | 12.49 | -76.5 | -54.77 | 4.65 | -34.87 | 26.02 | 3.24 | -15.18 | 24.14 | 3.34 | -1.18 | 32.54 | 0.13 | 129.55 | -40.91 | 156.48 | -64.14 | 179.06 |
| 18Q4 (9) | 29.5 | 1585.71 | 85.19 | -20.44 | -2938.89 | -45.38 | -16.57 | -2201.39 | -288.08 | -0.12 | 72.73 | 82.61 | 9.06 | 266.8 | 384.49 | 21.95 | 181.41 | 55.45 | 0.29 | 81.25 | 81.25 | 53.17 | 311.89 | 24.61 | 7.14 | -60.0 | 65.28 | 3.82 | -73.94 | 6.7 | 3.38 | 4.32 | 263.44 | -0.44 | -147.83 | -375.0 | 436.39 | 4593.07 | 27.93 |
| 18Q3 (8) | 1.75 | 78.57 | 137.23 | 0.72 | 3500.0 | 101.54 | -0.72 | -108.82 | -101.66 | -0.44 | -120.47 | -132.84 | 2.47 | 147.0 | 104.8 | 7.8 | -2.62 | 3.04 | 0.16 | 100.0 | 223.08 | 12.91 | -30.67 | -22.64 | 17.85 | 86.91 | 130.32 | 14.66 | 89.41 | 238.57 | 3.24 | 25.1 | 29.6 | 0.92 | 922.22 | 475.0 | 9.30 | -1.13 | 113.83 |
| 18Q2 (7) | 0.98 | -67.33 | 0.0 | 0.02 | 100.4 | 100.3 | 8.16 | 75.86 | 3.29 | 2.15 | 557.45 | 338.89 | 1.0 | 148.78 | 117.83 | 8.01 | -5.88 | 152.68 | 0.08 | 0 | 161.54 | 18.62 | -32.59 | 103.4 | 9.55 | 158.81 | 133.5 | 7.74 | 196.55 | 226.58 | 2.59 | 2.78 | -21.75 | 0.09 | -59.09 | 50.0 | 9.40 | -83.23 | -44.91 |
| 18Q1 (6) | 3.0 | -81.17 | -36.31 | -5.05 | 64.08 | 33.64 | 4.64 | -47.33 | 12.62 | -0.47 | 31.88 | -17.5 | -2.05 | -209.63 | 29.31 | 8.51 | -39.73 | 53.06 | 0 | -100.0 | 100.0 | 27.62 | -35.27 | -33.83 | 3.69 | -14.58 | 115.79 | 2.61 | -27.09 | 80.0 | 2.52 | 170.97 | 15.6 | 0.22 | 37.5 | 22.22 | 56.07 | -83.56 | -54.64 |
| 17Q4 (5) | 15.93 | 438.94 | 2800.0 | -14.06 | 69.91 | -6795.24 | 8.81 | -79.65 | 14783.33 | -0.69 | -151.49 | -2200.0 | 1.87 | 103.64 | 592.11 | 14.12 | 86.53 | 297.75 | 0.16 | 223.08 | 115.38 | 42.67 | 155.69 | 67.68 | 4.32 | -44.26 | 114.93 | 3.58 | -17.32 | 103.41 | 0.93 | -62.8 | -58.3 | 0.16 | 0.0 | 14.29 | 341.11 | 607.32 | 2487.79 |
| 17Q3 (4) | -4.7 | -579.59 | 0.0 | -46.73 | -609.1 | 0.0 | 43.29 | 447.97 | 0.0 | 1.34 | 248.89 | 0.0 | -51.43 | -816.76 | 0.0 | 7.57 | 138.8 | 0.0 | -0.13 | 0.0 | 0.0 | 16.69 | 82.31 | 0.0 | 7.75 | 89.49 | 0.0 | 4.33 | 82.7 | 0.0 | 2.5 | -24.47 | 0.0 | 0.16 | 166.67 | 0.0 | -67.24 | -493.83 | 0.0 |
| 17Q2 (3) | 0.98 | -79.19 | 0.0 | -6.59 | 13.4 | 0.0 | 7.9 | 91.75 | 0.0 | -0.9 | -125.0 | 0.0 | -5.61 | -93.45 | 0.0 | 3.17 | -42.99 | 0.0 | -0.13 | -85.71 | 0.0 | 9.15 | -78.07 | 0.0 | 4.09 | 139.18 | 0.0 | 2.37 | 63.45 | 0.0 | 3.31 | 51.83 | 0.0 | 0.06 | -66.67 | 0.0 | 17.07 | -86.19 | 0.0 |
| 17Q1 (2) | 4.71 | 898.31 | 0.0 | -7.61 | -3723.81 | 0.0 | 4.12 | 6966.67 | 0.0 | -0.4 | -1233.33 | 0.0 | -2.9 | -663.16 | 0.0 | 5.56 | 56.62 | 0.0 | -0.07 | 93.27 | 0.0 | 41.74 | 64.03 | 0.0 | 1.71 | -14.93 | 0.0 | 1.45 | -17.61 | 0.0 | 2.18 | -2.24 | 0.0 | 0.18 | 28.57 | 0.0 | 123.62 | 965.35 | 0.0 |
| 16Q4 (1) | -0.59 | 0.0 | 0.0 | 0.21 | 0.0 | 0.0 | -0.06 | 0.0 | 0.0 | -0.03 | 0.0 | 0.0 | -0.38 | 0.0 | 0.0 | 3.55 | 0.0 | 0.0 | -1.04 | 0.0 | 0.0 | 25.45 | 0.0 | 0.0 | 2.01 | 0.0 | 0.0 | 1.76 | 0.0 | 0.0 | 2.23 | 0.0 | 0.0 | 0.14 | 0.0 | 0.0 | -14.29 | 0.0 | 0.0 |
