Summary: | 碩士 === 國立中央大學 === 土木工程學系碩士在職專班 === 94 === Reservoir operation and management has been one of important civil affairs,
and been conducted by public sectors for years. The Taiwan government that faces
competition and organizational reform intends to adopt advantage of
privatization; therefore, evaluating all profitable facilities to fit in the
general pattern of privatization has been carried out. The purpose of this study
is to establish operational performance indices in the financial viewpoint. The
indices that examine operation performance, profitability and managing ability
of a reservoir include profitability, capital structure, solvency, and managing
ability. The findings conclude that low efficiency of making profits according
to weak profitability; positive long-term perspective based on relatively good
ratios of capital structure and solvency; and low efficiency of use of assets
due to a low asset turnover rate.
Keywords: reservoir, operational performance, financial ratios, privatization.
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