| 摘要: | 2019年爆發新冠疫情後，世界各地皆停擺，且中東地區戰事及烏俄戰爭擴大，導致進口之原物料大漲，汽車產業中金屬原料占成車比例較大，本研究旨在探討原物料對台灣汽車產業的經營狀況的影響。
本研究之研究對象為裕隆、中華、裕日、和泰、三陽，瑞利、東陽、耿鼎等八間上市公司，取其2008年第三季至2022年第三季之營業收入和營業成本之季波動數據作為研究資料，並以汽車生產中常見之金屬原料及原油，銅、鋁、鐵、鋅、鉛、錫、鎳、銀、金、原油，其在市場之期貨價格作為研究變數，進行相關係數分析和簡單迴歸分析，以探究其相關情形。研究結果顯示，只有裕日汽車和三陽汽車的營業收入和營業成本受到中度以上的顯著影響，而中華汽車僅受營業收入影響，營業成本影響不顯著。;After the outbreak of the COVID-19 pandemic in 2019, operations around the world came to a halt, and the escalation of conflicts in the Middle East and Ukraine led to a surge in imported raw materials. In the automotive industry, metal raw materials account for a relatively large proportion of the production cost. This study aims to investigate the impact of raw materials on the operation of the Taiwanese automotive industry.
The study focuses on eight listed companies, including Yulon Motors, China Motor, Yulon Nissan, Hotai Motor, Sanyang, Jui Li Enterprise, Tong Yang Industry, and Gordon Auto Body Parts. Quarterly data on their operating income and operating costs from Q3 2008 to Q3 2022 were collected as research data, and common metal raw materials and crude oil in automotive production, such as copper, aluminum, iron, zinc, lead, tin, nickel, silver, gold, and crude oil, were chosen as research variables based on their futures prices in the market. Correlation analysis and simple regression analysis were conducted to explore the correlation. The empirical results showed that only Yulon Nissan and Sanyang had a significant impact on their operating income and operating costs, while China Motor was only affected by operating income, and the impact on operating costs was not significant. |
