This research is inquiring the impact factors through financial ratio analysis and using the textile industry as a sample. According to the literatures review, we know that the most in common use to measure the conditions in business operation was five financial aspect analysis. This research using structural equation modeling to test and analysis five financial aspect analysis model. Through the process of model correction we found the optimal model, and knew the relationship among the five aspects. Then, we can get the most important variable from each aspect. This research results find that: (1) the level of macroeconomics affects the profitability is quite tiny. Among other aspects, the level of activity affects profitability was reached statistically significance. This research result shows that macroeconomics isn't affect profitability of textile industry directly, but through other aspects to affect it indirectly. (2) The macroeconomics is reverse affect productivity. When macroeconomics is positive growth the business of textile will hire more employees to raise the productivity. That is, when the growth of employment faster than the rate of total assets or gross, because the negative growth to productivity.