農場財務分析綜合指標之建立

The Construction of Farms' Financial-Analysis-Mixed-Index

游博任(Po-Jen Yu) ； 陳凱俐(Kai-Lih Chen)

《宜蘭技術學報》 5期 (2000/12) Pp. 105-115

https://doi.org/10.6179/nit.2000.05.19

摘要

本研究蒐集農場診斷文獻五力分析之財務比率資料，計5種產業、38戶農場，加上本研究之7戶個案，合計8種產業、45戶農場，取其中相同之5種財務比率，利用SAS統計軟體求得因素分析之結果為：資產週轉率與固定資產週轉率屬同一共同因素（活動力因素），投資報酬率、資本報酬率及土地生產力屬另一共同因素（收益力因素），綜合指標則以60%與40%為兩種共同因素的權數，求得各農戶綜合指標之得分。而以產業別得分所做之變異數分析結果顯示，各產業之得分綜合指標得分並無顯著差異。本研究試圖廣泛蒐集資料，建立財務分析得分指標，然因資料極為有限，尚無法得到足以提供具體農業發展方向建議之結果，因此予以保留。未來希望能有相關研究持續進行農場診斷個案分析，延續本研究之方法，建立更周詳的指標，以期提供縣市別及產業別的指標，則其結果將更具實用性，亦可據以提出農產業調整與發展方向之建議。

關鍵字

農場診斷 ； 五力分析 ； 因素分析 ； 農場財務分析綜合指標

並列摘要

The five-force analysis financial ratio data of 45 farms of 8 products are collected by the authors and from farm-diagnosis references. Five financial ratios are chosen: assets turnover rate, fixed assets turnover rate, return on investment, return on capital, and productivity of land. The derived results of variable scores are analyzed by factor analysis procedures in SAS. Variables belonging to factor 1 include assets turnover rate and fixed assets turnover rate. Variables belonging to factor 2 include return on investment, return on capital, and productivity of land. The weights of the two factors, calculated by the total sum of the squared factor loadings, are 60% and 40%, respectively, which constructs the mixed index. Analysis of variance (ANOVA) shows that the mixed index scores of different products are not significantly different.This study attempts to collect a wide-range data and from which to obtain the financial analysis score index. However, because of the limitation on data sources, the results are insufficient to support practical agricultural development approaches. Suggestions for agricultural industry development are reserved in this study. In order to provide category indices for counties and products, further studies related to diagnosis of farms and follow-up of this research are expected. The analytical results will then become sufficient and practical to support the suggestions for agricultural adjustment and development.

並列關鍵字

diagnosis of farms ； five-force analysis ； factor analysis ； mixed index of financial analysis of farms