Analysis Of Financial Performance Research Articles

The Role of Strategic Management Accounting Techniques in the Improvement of A Company’s Financial Performance: The Case of low-cost Airlines

This article presents a unique exploration of the role of Strategic Management Accounting techniques in supporting decision-making. This perspective has not been extensively studied in the context of low-cost airlines. This accounting branch is characterized by providing external, financial, non-financial, long-term, and forward-looking information, expanding the informational framework for strategic management and decision-making. The methodology relies on the application questionnaires and the financial performance analysis of fifteen low-cost airlines in America and Europe. Structural equation models were applied to test the relationships among the variables. The results evidence that the strategic management accounting techniques that positively and significantly affect the financial performance of the analyzed low-cost airlines are the ones related to the group of costing and strategic decision-making.

Techno-Economic Analysis of BAU-STR Dryer for Rice Drying: An Approach to Accelerate Adoption

Postharvest food loss and waste offset worldwide agricultural productivity and food security. Insufficient drying and storage are the prominent drivers of food loss and waste in underdeveloped countries. Mechanical grain drying systems have distinct benefits over sun drying but are inaccessible to underserved communities due to high capital costs and energy demand. This study evaluated the techno-economic and financial performance of a half-ton-capacity BAU-STR dryer. The moisture extraction rate, drying rate, drying efficiency, and energy consumption were used as technical performance indicators. In contrast, the net present value (NPV), internal rate of return (IRR), benefit–cost ratio (BCR), and payback period were considered economic performance indicators. The technical performance analysis results revealed that the moisture content of rice was reduced from 19.5% to 13.5 ± 0.15% in 4.0 h with an average drying rate of 1.5%/h and a drying efficiency of 75.1%. The financial performance analysis resulted in a drying cost, NPV, IRR, BCR, and PBP of USD 0.96 per 100 kg of grain, USD 3018, 135%, 3.0, and 0.73 yr., respectively, when the annual use was 240 h. If the yearly use of the dryer increased from 240 to 720 h, a higher NPV, IRR, and BCR, as well as a lower payback period and drying cost, could be achieved. Adopting a BAU-STR dryer for drying grain (rice and corn) among underserved communities could play a key role in postharvest food loss and waste.

Analisis kinerja keuangan menggunakan metode economic value added dan market value added pada perusahaan sub sektor perdagangan ritel barang primer yang terdaftar di Bursa Efek Indonesia

Financial performance analysis is a method of verifying that a company has properly and correctly applied the principles of financial implementation. This study will determine the financial performance of primary goods retail trade sub-sector companies listed on the Indonesia Stock Exchange for the 2019-2023 period using the economic value added and market value added methods. This research is qualitative descriptive. The research was conducted on retail trading companies of primary goods listed on the IDX during the research period and has published financial statements during the research period. The data was obtained by the documentation method. The results of the research from the five primary goods retail trading companies studied showed a volatile but positive EVA result (EVA>0), while MVA results were consistently positive (MVA>0). Only DAYA and RANC companies in 2019 and MIDI companies in 2023 had a negative MVA (MVA<0).

Financial Performance Analysis under the Light Asset Operation Model of Tai Long Pharmaceutical Company

Financial Performance Analysis under the Light Asset Operation Model of Tai Long Pharmaceutical Company

Financial Performance Analysis of East Lombok District Government in Fiscal Year 2020-2022

East Lombok Regency is one of the regencies affected by the establishment of various policies from the central government, one of which is the restriction on the use of transfer funds which were previously the main source of funds for various local governments. This requires the East Lombok Regency Government to make optimal efforts to achieve independence to finance government and development activities. This study aims to analyze the financial performance of the East Lombok Regency Government as seen from the degree of independence, dependence, fiscal decentralization, and effectiveness of Regional Original Income. The data used is the realization of the East Lombok Regency Regional Revenue and Expenditure Budget for the 2020-2022 fiscal year. The study was conducted using a quantitative approach through calculations of several financial ratios, namely independence, dependence, fiscal decentralization, and effectiveness. The results show that the independence of the East Lombok Regency Government is still in the extremely low category which is supported by extremely high dependence on the central government and provincial government, as well as fiscal decentralization which is still in the less-than-ideal criteria. This is also indicated by the Regional Original Income as the main factor in supporting its independence, which has not been optimally realized.

“An Analysis of Rangareddy District Central Co-operative Bank's Financial Performance”

Cooperative banks offer loans and other services to farmers and rural populations in a timely manner. However, the bank's operating efficiency and financial stability will be impacted by any loan repayment default. Funds are halted as a result of NPA, which lowers interest income and results in a cash shortage. Operating bank services, such as processing regular payments and dues, is undoubtedly made more difficult by this. Cooperative banks are currently under a lot of stress, which is resulting in decreased working profits as well as a decline in productivity and efficiency. It is a known truth that NPAs are rising and recoveries are poor. The paper's goal is to evaluate Rangareddy DCCB's claim of 0% Net NPA. As a result, a number of bank financial metrics are examined in the study. According to the current study paper's conclusion, farmers were able to obtain sufficient funding for crop cultivation thanks to the ongoing process of monitoring loan issuance and recovery efforts, which demonstrated a profitability in association with loan and non-performing asset provision.

Banks’ financial performance analysis: an experience from an Islamic economy

Purpose This study aims to analyze the performance efficiency of private commercial banks in Iran as an Islamic economy. Design/methodology/approach A meticulously chosen sample comprising 15 private banks from 2020 to 2023 has been examined. This study uses data envelopment analysis (DEA) models, specifically the Constant Returns to Scale (CCR) with input orientation and the Variable Returns to Scale (BCC) with input orientation, to scrutinize performance efficiency relative to the banking sector’s average efficiency ratio. Findings The findings indicate that the performance of decision making units is superior in BCC models when determined with CCR models. The CCR-I analysis spanning 2020–2023 reveals that only two banks consistently demonstrated full efficiency performance, attaining a 100% efficiency score across all years. The observed fluctuations in banks’ efficiency performance are attributed to disparities between the growth or reduction in inputs and the corresponding augmentation or diminution in outputs. Research limitations/implications This paper has some limitations. First, selecting inputs and outputs for the DEA models is crucial, as this study’s results are sensitive to these choices. Second, this research focused exclusively on the efficiency of private banks and did not assess the efficiency of governmental banks. Practical implications The insights from this study can be valuable for bank managers in evaluating performance, regulators in maintaining financial stability and investors and market analysts in enhancing their investment strategies through bank performance analysis. Originality/value To the best of the authors’ knowledge, this study is the first to propose a framework for evaluating and forecasting commercial bank performance in an Islamic background. This model for prediction performance would be helpful for future research on the banking sector. In addition to improving Islamic banking literature, this research contributes to the literature regarding the analysis methods usually used.

Analysis of financial performance of Sector 9 Companies: Trade, Services, and Investment listed on the LQ 45 Index of the Indonesia Stock Exchange in 2022

This study aims to determine and analyze the financial performance of Sector 9 companies: Trade, Services, and Investment, listed on the Indonesia Stock Exchange (IDX) in 2022. This research is quantitative descriptive, focusing on the calculation of data in the form of annual financial reports of manufacturing companies listed on the IDX. The data used is secondary, consisting of documents obtained from the official IDX website (www.idx.co.id). The study results indicate the following: 1) Based on the current ratio or liquidity, the financial performance of the IDX- listed companies in the sample shows good and significant coefficient values; 2) Based on the debt to equity ratio or solvency, the financial performance of the IDX- listed companies in the sample also indicates good and significant coefficient values; 3) Based on profitability, the financial performance of Sector 9 companies: Trade, Services, and Investment listed on the IDX in the sample show very good coefficient values.

Financial Performance Analysis and Evaluation of Apple Inc. between 1st October 2019 to 30th September 2022

The main purpose of this study was to analyse and evaluate the financial performance of Apple Inc. between 1stOctober 2029 to 30th September 2022. This study has adopted a desktop methodology to analyze and evaluate the financial performance of Apple Inc. between 1st October 2019 to 30th September 2022. The GP margin of Apple increased from 38% to 41% in 2021 and 43% in 2022. On the other hand, Samsung’s GP margin increased from39% in 2020 to 40% in 2021 and declined to 37% in 2022. Apple has achieved high GP margins in two different ways; increased revenue and reduced cost of sales. The current ratio of Apple lay at 1.36 in 2020, declined to1.36, and declined further to 0.88 in 2022. On the other hand, the current ratio of Samsung was higher compared to Apple where in 2020 lay at 2.62, declined to 2.48, and increased again to 2.79. The performance of Apple and Samsung in terms of meeting their short-term obligations as they fall due was influenced by significant fluctuations in current assets and current liabilities. Apple is healthier in terms of long-term solvency compared to Samsung due to different types of long-term liabilities secured during the period under review. Apple indicates an effective use of its assets and manages liabilities in the short term compared to Samsung during the period between 2019 to 2022. However, Apple needs to be careful about the period it takes to pay off the debts of suppliers by maintaining a good relationship with suppliers. The agreements with suppliers which are at commercially reasonable terms need to be maintained in the long term.

Analysis of Public Sector Financial Performance Using Value for Money in Tangerang Regency

Public sector financial performance requires evaluation as a form of evaluation so that financial performance is more optimal. The financial performance of the Tangerang Regency Government in this study uses the Value for Money (VfM) approach with factors from three main factors, namely economy, efficiency, and effectiveness in 2014 to 2023. Based on the analysis of the public sector financial performance of Tangerang Regency, it is very economical with an average of 101.33% and very efficient with an average of 112.93%, but its efficiency is still low with an average of 98.54%. The results of this analysis can be used as evaluation material for the Tangerang Regency Government to carry out efficiency in public sector financial performance, so that the Tangerang Regency Government can optimize the quality of service to the local community.

Financial Performance Analysis of Energy Companies Using Multi-Criteria Decision-Making Techniques: An Application in the BIST Electricity, Gas and Water Sector

Energy plays a vital role in the macroeconomic development of countries. The increase in energy consumption and the increase in the number of energy companies are among the basic dynamics of country development and growth. Enhancing the financial performance of companies operating in the energy sector strengthens the competitive power of countries at both national and international levels. In this context, this study aims to determine the financial performance rankings of companies operating in the energy sector in Turkey over a 10-year period, identifying the most successful and least successful periods over the years. Using data from energy sector companies listed on Borsa Istanbul (BIST) between 2013 and 2022, after determining the research criteria, the weights of these criteria were calculated using the Entropy method. Subsequently, considering the criteria weights, the performance rankings of energy companies were determined year by year using the MAIRCA method. According to the results of the Entropy analysis, when the importance level is evaluated, the most significant criterion in 2013 was the Liquidity Ratio (LR), in 2014, 2017, 2018, and 2019 it was the Gross Profit Growth (GPG) criterion, in 2015 it was the Current Ratio (CR) criterion, in 2016 and 2022 it was the Net Profit Growth (NPG) criterion, and in 2020 it was the Net Profit Growth (NPG) criterion. Finally, in 2021, the most important criterion was determined to be EBITDA Growth (EBG). Furthermore, based on the MAIRCA analysis, the reasons behind the most successful and least successful years of the companies were explained using financial and activity reports, as well as special situation disclosure notifications obtained from the Public Disclosure Platform (PDP).

Financial Performance and Competitor analysis: Evidence on Starbucks

This research mainly studied and analysed all aspects of Starbucks finance, focussed on investigating the development trend of Starbucks in 2022 and 2023, conducted a brief study and discussion on the company’s finances, and obtained several important conclusions through a series of data. Several vital data show some characteristics of the company’s operation and management, which brings a lot of meaningful utilisation value and is worth learning from and thinking about. In the years after the COVID-19 pandemic, Starbucks was able to quickly restore and develop its economic system thanks to its stable system and management system. This article will also study the economic benefits brought by the management system. In addition, the article also collects data from two competitors in the same industry as Starbucks and reflects the advantages and disadvantages of Starbucks in the industry through comparison. Among them, the most noteworthy is the research on several economic methods carried out by Starbucks, which shows Starbucks’ stable economic system and management methods.

Financial Performance Analysis Of Uluway Village In Mengkendek Sub-District, Tana Toraja Regency For The 2018-2022 Period

The aim of this research is a descriptive quantitative type of research with the aim of analyzing the financial performance of Uluway Village, Kec. Mentengkan District. Tana Toraja. The sample used is financial report data for the Uluway village, subdistrict. Mengkedek District, Tana Toraja in 2018-2022. Data collection is carried out by observation and requesting financial reports. In this research, the data source used in data collection is secondary data. Research result The performance of the Uluway Village Government when viewed from the Regional Financial Independence Ratio during 2018-2022, can generally be said to be very low and includes an instructive relationship pattern. Based on the Regional Original Income Effectiveness Ratio during 2018-2022, in general, it can be said to be effective. Based on the Shopping Efficiency Ratio during 2018-2022, generally, it can be considered inefficient. If we look at the PADes Growth Ratio and Total Income Growth Ratio during 2018-2022, in general, it can be said that the PADes growth ratio and total income of Uluway Village is low. If we look at the Operating Expenditure Ratio, it is classified as quite good and the average value of the capital expenditure ratio is in the good category. This means that the Uluway Village Government in allocating its funds for capital expenditure is relatively good. This shows that the village government has paid attention to the use of its funds for village development

Analisis kinerja keuangan pada sektor consumer cyclicals yang terdaftar di BEI periode 2020 - 2023

Financial performance analysis is really needed in a company in order to see the extent of the company's financial performance over a certain period of time. This financial performance analysis can help the company in making decisions in the future. Analysis of financial performance in a company can be seen using financial ratio analysis. This research aims to determine differences in the financial performance of the Consumer Cyclicals sector, especially the media and entertainment sub-sector for the 2020-2023 period. This type of research is a descriptive statistical approach. The analysis method used is trend analysis. The research results show that there is an increase or decrease in the media and entertainment sub-sector listed on the Indonesian stock exchange for the 2020-2023 period using the debt to asset ratio, net profit margin, current ratio and total asset turnover.

A Financial Analysis and Valuation of Apple Inc.

In 2024, Apple Inc., a globally recognized technology company, faced a series of challenges in China, resulting in a poor share price performance compared to the broader market. Despite strong financial indicators elsewhere, the company's latest quarterly report, released in February, revealed disappointing results in China. While Apple achieved sales growth in all regions except Greater China, where sales fell by nearly 13% from the same period last year. The impact of these events on Apple cannot be ignored. Apple's weaker-than-expected performance in China may suggest that the company's competitiveness in this key market is being challenged. This article provides an in-depth analysis of Apple's financial performance over the past three years, comparing it to its peers to draw conclusions about the risks associated with the company's growth. Through this examination, it aims to shed light on the potential implications of Apple's struggles in the Chinese market for its overall trajectory and competitiveness.

Analysis of Financial Performances for Merck&Co: Comparison with Johnson&Johnson, Pfizer, and Bristol-Myers Squibb

Abstract: Medicines and medical resources are necessities of human society, and human beings often rely on them to speed up recovery or save lives. Especially since the society has just experienced an epidemic, namely COVID-19, the pharmaceutical industry is often in the spotlight. The prospects of the pharmaceutical industry are optimistic, and people often make profits by purchasing a company's stock. This study will analyze and evaluate the operating status of the four leader companies in the pharmaceutical market through data and theories, in order to figure out the most suitable company to buy shares. By comparing various data, Bristol-Myers Squibb's stock is the most suitable to buy. Because it has great potential in the future, high profitability, and high operation efficiency. The significance of this study is to enable people to discover companies worth investing in, provide professional advice to buyers, promote audiences for worthy companies, and discover companies with development prospects for the market.

Analysis of Financial Performance in Cosmetics Industry Companies Listed on the Indonesian Stock Exchange

This study aimsto assess the financial performance of cosmetic companies listed on the Indonesia Stock Exchange during the 2017-2022 period using financial ratios with a quantitative method. The data used is secondary data. The sample consists of 5 companies selected using purposive sampling technique based on certain criteria. The results of the study show that the liquidity ratios (Current Ratio and Quick Ratio) are in good condition, while the solvency ratios (Debt To Asset and Debt To Equity), activity ratios (Fixed Asset Turnover and Total Asset Turnover), and profitability ratios (Return On Asset and Return On Equity) are in poor condition. Keywords: Financial Statements, Financial Performance, Financial Ratios.

Comparative Financial Performance Analysis of BIST-500 Listed Insurance Companies Using TOPSIS, VIKOR and MOORA Methods

The study analysed the financial data of 8 insurance companies traded in the BIST-500 insurance index for 2013-2022 using TOPSIS, VIKOR, and MOORA methods with 18 criteria. The study aims to guide decision-makers and investors by revealing the financial status of insurance sector companies. As a result of the analysis, the financial performance rankings of the companies showed differences according to the three methods. According to the financial performance ranking made by TOPSIS, VIKOR, and MOORA methods, the results show differences when the leverage ratio is evaluated at maximum. The results are similar when the leverage ratio is assessed as a minimum. No company achieved the best and worst performance rankings in the periods evaluated.

Analisis Kinerja Keuangan Bank BUMN dan Bank Swasta Indonesia: Studi Komparatif

Purpose: This study assesses and compares the financial performance of state-owned and private banks in Indonesia from 2019 to 2021. This study focuses on evaluating key financial indicators to monitor the financial structure and efficiency of banking institutions continuously amid increasing competition in the banking sector. Methodology: This study utilizes several financial ratios and applies independent sample t-tests to analyze the financial performance of state-owned and private banks. The key ratios analyzed include (Equity to Total Assets Ratio), ECTAR (Equity to Customer Assets Ratio), IMAEAR (interest margin to average earnings assets ratio), LLCR (Loan Loss Coverage Ratio), DTCR (Debt to Capital Ratio), LDR (Loan to Deposit Ratio), and CAR (Capital Adequacy Ratio). Results: State-owned banks are financially weaker than private banks. Furthermore, there is no significant difference in the average financial performance of state-owned and private banks when measured using EATAR and ECTAR ratios. However, clear differences are observed between these two banking groups in terms of the IMAEAR, LLCR, DTCR, LDR, and CAR ratios. Limitations: This study is limited to the analysis of financial performance from 2019 to 2021, which may not fully capture long-term trends or the impact of external economic conditions, such as global financial crises or regulatory changes. Additionally, this study focuses only on a specific set of financial ratios. Contribution: This study contributes to the body of knowledge by providing a comparative analysis of the financial performance of state-owned and private Indonesian banks. It offers valuable insights for banking institutions, regulators, and investors on how financial performance differs across banking groups, highlighting areas where state-owned banks may need to improve their financial strength.

A CAMEL Analysis of Financial Performance of State Bank of India and HDFC Bank in India: Pre- and Post-use of Artificial Intelligence Applications

A CAMEL Analysis of Financial Performance of State Bank of India and HDFC Bank in India: Pre- and Post-use of Artificial Intelligence Applications