dc.description.abstract | Since Taiwan’s authority has opened the stock market, the market activity is in an endless stream. Such the three legal persons as the foreign investor, a securities investment trust enterprise and a securities dealer, analyse the value of every company with the financial basic side of every company and technological side of the stock price change, consider earning capacity, production situation of company, order situation and company operation situation, hope to find out and study and judge the reasonable price on the security market of every company by this.
Analyse basically that can offer investor good investment to assess and consult, stock market investors have often utilized in company’’s financial report too trend of the future stock price of expectancy has come in the change of every accounting item information now, but has neglected this view in the educational circles are studied, so this research wants by regression analysis, to analyse the inventories, investments, total liabilities, total stockholder’’s equity, net sales, cost of sales, gross profit rate, equity in earnings of equity method investees, net and basic earings per share afer tax - accounting item influence in stock price, draw relevant accounting items of influencing top of the stock price, make use of therefore relevant accounting items are analysed to the stock price, offer judgement of investors.
This main research range of research is such accounting items as the inventories, investments, total liabilities, total stockholder’’s equity, net sales, cost of sales, gross profit rate, equity in earnings of equity method investees, net and basic earings per share afer tax - accounting item and every this company of three quarters before 2007 of domestic NB manufacturer and compnent manufacturer Stock price, the materials type attitude regards quarter as the unit.
While collecting and analysing ’’ the stock price data ’’, this research is to regard average closing price of every last five business day of quarter of every company as the basis. The result of study shows, while using regression analysis to analyse that predict the stock price, verify the change of the stock price is changed by such five accounting items as the inventories, investments, net sales, equity in earnings of equity method investees, net and basic earings per share afer tax,etc. but the change that cause occupies 66.3% of the rates, have dependence analogous to the degree, so by when we can learn above-mentioned five independent variables, can predict the stock price, this can be offered to investors while carrying on equity investment, there can be reference basis of a part. | en_US |