LED產業與半導體產業的市場動能旺盛，其上游的導線架產業同步受惠，產業擴張的同時競爭者也像雨後春筍般的林立，那麼要如何才能從競爭者中脫穎而出，本研究試圖由台灣導線架產業的公開財務數據進行財務比率分析，透過將財務比率區分為收益力、安定力、活動力、成長力以及生產力五種財務構面，進行財務五力分析，從中歸納出產業的績效標竿與最佳財務結構，並透過個案分析法對個案公司的分析結果做更深入的討論，由獲利能力、營運資金、資本支出與股東權益四種內外部融資管道探討改善對策。 ;Because the market of the LED industry and the semiconductor industry are prosperous, the market of their suppliers, lead frame industry, also grows up. While the lead frame industry is expanding and competitors are coming up to separate the business opportunity, how could they stand out from the competition? This research attempts to analyze the financial ratios from their public financial statement. Dividing the ratios into five aspects: profitability, stability, activity, growth and productivity, we summarize the performance standards and the best financial structure by using the “Financial Five Forces” analysis method. Finally, the improvement suggestions are explored by four internal and external financing methods: profitability, working capital, capital expenditure and shareholder equity.
