A Comparative Study on the Operating Performance of Liner Shipping Companies listed in Taiwan Stock Market based on Financial Analysis Approach / 應用財務分析法比較台灣上市定期航商經營績效之研究

碩士 / 國立高雄海洋科技大學 / 航運管理研究所 / 105 / The purpose of this study is to assess the financial structure, profitability, operating performance, cash flow and solvency of the financial statements of three shipping companies including Eveergreen, Yangming and Wanhai based on the relevant important financial ratios. Manwhile, refer to other relevant information for more accurate and comprehensive assessment our finding could provide investors to operate the best investment strategies in stock market and provide those shipping companies to adjust business development direction alternatives.
The financial information data from 2012 to 2016 is mainly collected from the annual publication reports of the three companies, the company's website and the Taiwan Stock Exchange stock market public information observation station and other financial informations.
Main findings of this study are briefly described as follows: (1) Wanhai in five performance-oriented performance dimensions including the overall financial structure, solvency, operating capacity, profitability and cash flow are better than Evergreen and Yangming. (2) Evergreen and Yangming encountered with common financial issues, short-term solvency liquidity and financial structure of the stability are poor. Wanhai in the profit , all kinds of investment compensation analysis and profitability performance are relatively good, (3) According to the major financial indicators of the listed companies, such as net earnings per share, earnings per share, gross profit margin, return on assets and return on shareholders' equity, Wanhai is superior to Evergreen and Yangming.

Identiferoai:union.ndltd.org:TW/105NKIM0301026
Date January 2017
CreatorsCHEN, WEN-HUI, 陳文慧
ContributorsYANG, YI-CHIH, 楊鈺池
Source SetsNational Digital Library of Theses and Dissertations in Taiwan
Languagezh-TW
Detected LanguageEnglish
Type學位論文 ; thesis
Format113

Page generated in 0.0017 seconds