財務報表分析：汽車組件產業

Abstract

(1)目的：探討汽車組件的產業狀況分析，評估此行業的特性與走向、預測未來發展趨勢。 (2)過程及方法： 藉由五個階段來評估與預測，台灣總體經濟狀況分析、產業狀況分析、五力分析、財務預測、企業評估。使用TEJ匯出52家子公司，利用資料的完整性做篩選，再隨機抽出3家做五力分析、財務預測與企業評估的探討，將全部的子公司中位數做五力分析的比較，比較的年度為：2011年至2015年，進而預測2016年的走勢。 利用TET提供的資訊與台經院產經資料庫、行政院主計處資料以及3家的股價行情、公司簡介探討過程與結果；這三家公司分別是：東陽(1319)、正道(1506)、瑞利(1512)。 (3)結果： 2016後整體景氣有回升的趨勢，未來趨勢會推動環保與省油的概念，從環保汽車到環保零件都將是新契機。 經過分析後，瑞利最後的每股盈盈餘為負值，東陽的分析結果為最接近的。

This study aims to analyze the macroeconomics of Taiwan, and explain how the industry impacts GDP and CPI that mainly on Taiwan and the developed countries in Asia. We researched into Motor Vehicle Parts Manufacturing industry .

We analyzed the macroeconomics of Taiwan and the current and future situations of Motor Vehicle Parts Manufacturing industry based on Taiwan Industry Economics Services and economic indicators from STOCK-AI.COM.

Besides, we chose three of the publicly traded companies to compare and made everyone clearly realize the business cycle in Taiwan and the analysis about Motor Vehicle Parts Manufacturing industry through the monitoring indicators of Taiwan, forms and charts. We also collected and unified all related data from 2011 to 2015.

Based on the earning power, short-term liquidity, long-term liquidity, return on investment analysis and operating performance analysis about related investment of three chosen companies, we estimated the operating revenue in 2016 and figured out the financial statements, income statements and the market-to-book ratio, then compared with them.