Reservoir Operational Performance at FinancialViewpoint: A Case Study of Shihmen Reservoir

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, evaluat...

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Bibliographic Details
Main Authors: Li-Chung Hsin, 李忠信
Other Authors: none
Format: Others
Language:zh-TW
Published: 2006
Online Access:http://ndltd.ncl.edu.tw/handle/e5p5m3
Description
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.