碩士 / 國立高雄應用科技大學 / 商務經營研究所 / 98 / With prosperous development of global economy, international trade and investment become more vigorous which results in corporate change in the overall operational environment. Export trade keeps growing, and has turned into a powerful economic index of the government. However, in recent years, due to financial tsunami, domestic and foreign industrial environments have considerably changed. Corporate financial crisis emerges in an endless stream; thus, financial completeness and stable operation have become keys of corporate operation.
Financial performance is the critical index of corporate operation. Financial performance not only indicates the past operating outcomes of corporations, but also is related to growth and development of future operation. This study treated H company in yacht industry as the subject, and measured its operation by financial performance in order to enhance development, brand image, and competitiveness of yacht industry in Taiwan.
This study selected fourteen financial indices, and analyzed financial structure, debt-paying ability, operating ability and ability to profit by multiple regression analysis. According to characteristic of yacht industry, exchange rate is also included. Return on total assets, equity growth, and revenue growth are regarded as dependent variables. Research findings are shown below:
Return on total assets: financial structure, operating ability and ability to profit are more important. It reveals a negative relationship with the receivables turnover ratio and debt ratio, and a positive and significant relationship with the equity turnover and net profit ratio.
Equity growth: financial structure and operating ability are more important. It reveals a negative relationship with the receivables turnover ratio and fixed assets on the stockholders’ equity ratio, and it shows a positive relationship with the fixed asset ratio.
Revenue Growth: debt-paying ability and operating ability are more important. It reveals a positive relationship with the equity turnover, and a negative relationship with the quick ratio.
| Identifer | oai:union.ndltd.org:TW/098KUAS8768106 |
| Date | January 2010 |
| Creators | Shu-Mei Hsu, 許淑美 |
| Contributors | Po-Sheng Ko, 柯伯昇 |
| Source Sets | National Digital Library of Theses and Dissertations in Taiwan |
| Language | zh-TW |
| Detected Language | English |
| Type | 學位論文 ; thesis |
| Format | 77 |
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