DuPont System Research Articles

Dupont System Analysis For Measure Financial Performance At Automotive Component Industry In Indonesia

The purpose of this study is to evaluate the financial performance of several automotive component industry companies in Indonesia. The research used of descriptive-quantitative research method, the research of attempted to collect and present data from companies for analysis so as to provide a fairly clear picture of the object under study. The type of data used in this research is quantitative data, namely data in the form of explanations or statements in the form of numbers, namely financial reports from several companies listed on the Indonesian Stock Exchange which are used as the population in the research, including; AUTO, ASII, DRMA, BOLT, SMSM, GJTL and INDS for the 2019-2023 period. By using the Dupont system method as an analysis method. Analysis of the Dupont system method also shows that factors such as net profit margin, asset efficiency and financial leverage influence the financial performance of companies in the automotive components industry. The results of this research explain how the dupon system determines between six similar companies providing company performance data in terms of Net Profit Margin (NPM), Total Asset Turn Over (TATO), Equity Multiplier (EM) and Return on Equity which can be used by potential investors in investing in automotive component industry companies in Indonesia.

ANALISA PERBANDINGAN KINERJA KEUANGAN PERUSAHAAN DENGAN METODE DU PONT

This research was conducted at automotive and component manufacturing companies listed on the Indonesia Stock Exchange at PT Gajah Tunggal Tbk and PT Multistrada Arah Sarana Tbk for the period 2015 - 2019. The purpose of this study was to determine the company's financial performance at PT Gajah Tunggal Tbk and PT Multistrada Arah. Sarana Tbk in 2015-2019 using the Du Pont System method and what factors affect differences in financial performance. This research uses descriptive quantitative research methods and data analysis techniques using the du pont method. The data used in this research is the financial statement data of the companies PT Gajah Tunggal Tbk and PT Multistrada Arah Sarana Tbk for the last five years in 2015-2019. The results of the research that has been done show that the financial statements of PT Gajah Tunggal Tbk and PT Multistrada Arah Sarana Tbk for five years, the authors can conclude that based on the average Return On Assets (ROA), the average Net Profit Margin (NPM), and the average Total Assets Turn Over (TATO), during 2015-2019 shows that PT Gajah Tunggal Tbk, has a better financial performance than PT Multistrada Arah Sarana Tbk. As for the factors causing the decline in the value of TATO, NPM and ROA, namely the decrease in net income due to the influence of total costs and the company's ineffectiveness in managing existing assets, so that the profit resulting from the comparison of the value of net income to total assets is very small.

Tobin's Q Modeling Through the Du Pont System Financial Performance Method Using SEM-PLS

This study aims to examine the factors that influence Tobin's Q. This goal is achieved by testing the Debt to Equity Ratio (DER), Dividend Yield, and Firm Size through the financial performance mediating variable using the du Pont system method. This study uses a population of 20 companies indexed in the High Dividend Index of the Indonesia Stock Exchange with a saturated sample technique. The 20 companies are the samples in this study. This research approach uses descriptive quantitative that is path analysis to test the hypothesis that has been formed. The most important research result is that the financial performance of the du Pont system method affects mediating the Debt to Equity Ratio (DER) and Firm Size of Tobin's Q. Then, partially Dividend Yield and Financial Performance of the du Pont system method significantly influence the company's Tobin's Q. High Dividend Index 20

ANALYSIS DU PONT SYSTEM IN MEASURING FINANCIAL PERFORMANCE IN COSMETIC COMPANIES AND HOUSEHOLD REQUIREMENTS LISTED ON THE IDX IN 2017-2021

This research was conducted at Companies in the Cosmetics and Household Needs Sector that were listed on the Indonesia Stock Exchange (IDX) for 2017-2021. This study aims to determine the Financial Performance of Cosmetic Companies and Household Uses using DuPont System analysis. Analysis of the Du Pont System can explain a company's financial performance and shows the location of the strengths and weaknesses of a company in which there are several financial ratios used in this study including Net Profit Margin, Total Assets TurnOver, and Return On Assets (Du Pont). The data analysis technique used is quantitative descriptive analysis. The population and sample in this study are 6 cosmetics and household goods companies listed on the Indonesia Stock Exchange in the 2017-2021 period. The results showed that the financial performance of Cosmetics and Household Supplies companies for 5 years which was calculated using the Du Pont System analysis was not good enough, with ROA values ​​that decreased every year except for PT. Akasha Wira International Tbk (ADES) has an ROA value that increases every year. The decrease in the value of ROA was due to a decrease in the value of NPM and TATO. This situation is affected by a decrease in profits due to high total costs and slow turnover of assets to increase sales.

Financial Statement Analysis of Cement Industry Companies with Dupont System Method to Performance Measurement Periode 2018-2021

The purpose of this study was to evaluate the financial performance of cement industry companies in Indonesia which includes four companies namely SMCB, SMGR, INTP, and SMBR for the 2018-2021 period using the Dupont system method considering the analysis of the Covid-19 pandemic. Descriptive-quantitative analysis and the DuPont system method were used as analytical methods. The data used in this study comes from the annual reports of four companies listed on the Indonesia Stock Exchange. The results show that the Covid-19 pandemic had a significant impact on the financial performance of companies in the cement industry, especially in terms of profitability and use of funds. These factors can affect the company's financial performance during the Covid-19 pandemic, so management must pay attention to these factors to improve the company's financial performance. This study can help investors and stakeholders understand the impact of the Covid-19 pandemic on the financial performance of companies in the cement industry in Indonesia and can provide information to companies about the challenges they are facing during the pandemic. In addition, the analysis of the Dupont system method also shows that factors such as net profit margins, asset efficiency, and financial leverage affect the financial performance of companies in the cement industry. The results of this study can be used as a basis for improving the company's financial performance in the future by optimizing these factors.

ASSESSMENT OF FINANCIAL PERFORMANCE IN SOE BANK USING THE DUPONT SYSTEM METHOD PERIOD 2019-2021

Appraisal of a company's performance can be observed from both financial and non-financial perspectives. This study specifically measures financial performance by focusing on the DuPont System analysis. The DuPont system divides performance into three components: net profit margin, rate of return on assets, and rate of return on equity/capital. However, this study only considers two components of the DuPont System, namely return on assets and net profit margin. This research is of a quantitative nature with a descriptive approach. The data analyzed is derived from the financial statements of all state-owned banks, particularly the financial position statements and annual comprehensive income statements from December 31, 2019, to December 31, 2021. The results of the study indicate that, among the four banks, Bank Rakyat Indonesia (Persero) Tbk exhibits the best financial performance, while Bank Tabungan Negara (Persero) Tbk displays the lowest financial performance.

Analisis kinerja keuangan PT Kereta Api Indonesia (Persero) dengan metode DuPont system

Company financial performance is a benchmark to increase the value of a company. The existence of Covid-19 pandemic has caused the economy in Indonesia to decline which has had an impact on the financial performance of several companies, one of which is PT KAI (Persero). This research aims to determine the financial performance of PT KAI (Persero) in 2016-2021 as measured through financial statement analysis using the DuPont system. The research method used is descriptive quantitative. The data source used is secondary data, in the form of PT KAI (Persero) financial reports in the form of time series. The analytical technique used is the DuPont system. The results showed that the financial performance of PT KAI (Persero) in 2016-2021 was in a good position. Fluctuating NPM has a major impact on ROE, resulting in PT KAI (Persero) having to be vigilant and immediately innovate because their financial performance is not yet stable enough. The company expected to be able to optimize their financial management, especially in increasing sales volume accompanied by a high level of net profit and good asset management to create a good NPM and TATO for the company's ROI and ROE.

FINANCIAL PLANNING AS A MANAGEMENT TOOL FOR IMPROVING PROFITABILITY IN INCOFECSA, IN RIOBAMBA, 2020-2023

The main objective of the study is to develop a financial plan using a management tool to increase the profitability of the company Incofecsa located in the city of Riobamba, in the period 2020-2023, through the systematization of the theoretical and methodological foundations related to financial planning. Additionally, the current diagnosis of the financial situation was made through the Vertical and Horizontal Analysis, Financial Indicators, Dupont System, Economic Value Added (EVA) and Equilibrium Point, and finally, the financial planning, mission, vision, business objectives, organizational structure and operational plan were developed. With the implementation of the plan, the financial statements were projected, and an increase in profitability of 13.59% was obtained for the period 2023, which shows that financial planning has a direct relationship with the company's profitability.

FINANCIAL INDICATORS OF CORPORACIÓN TAPATÍA DE TELEVISIÓN FOR 2020-2021

The article is presented within the deductive method, under a gloss order and with a quantitative approach, with the objective of performing a financial analysis of channel 6 (later channel 5 and 35) of Guadalajara. Channel 6 was born in 1960 and in 1982 its concession was transferred to Corporación Tapatía de Televisión (CORTAP), a Grupo Medcom company. Until September 2020, it maintains a transmission contract with Televisa, which is declared economically predominant agent by the Instituto Federal de Telecomunicaciones (Federal Telecommunications Institute). Performing some tests of financial ratios for CORTAP, it is inferred that it is going through a critical moment since the end of 2020 and during the whole year of 2021, detecting a serious problem in its internal finances, since it presents a problem of acute indebtedness, caused by stock certificates that it issued in the Mexican Stock Exchange. We analyzed the financial information using the most recent methodologies of financial strategy, such as the Dupont system, the Ansoff matrix and the balanced scorecard, not finding how to solve the indebtedness problem. Recently (a few months ago) it became public knowledge that the concession was transferred to Telsusa Televisión México. KEYWORDS: commercial television; economics of communication; financial resources; financial statements; television advertising.

Financial Performance for Arab Bank using DuPont Analysis 2000-2021

In today’s business environment, financial analysis is considered one of the most reliable tools to judge performance, especially in the banking sector. The present study investigates the financial performance of one of the most famous and highest profitable banks in Jordan, the Arab Bank. It examines the Arab Bank’s financial performance from 2000 to 2019 by adopting the DuPont system of financial analysis of return on equity (ROE) model. This method relies on three main elements, which are net profit margin (NPM), total assets turnover (TAT), and equity multiplier (EM). The main scope of this study is to analyze the profitability and efficiency of the Cooperative for one of the Jordanian banks. Dupont Analysis provides an indicator of the stockholders’ wealth using the ROE index. Secondary data was used by accessing the official website of the Arab Bank and obtaining the financial information by analyzing the annual reports. The study finds that the Arab Bank has maintained stability over two decades with slight fluctuations in the ROE despite the international financial crises. On the other hand, NPM and TAT have witnessed relative strength from 2000 to 2019. Furthermore, EM indicates constant indicators for the period of 2000-2005 while the ratios from 2006 -2019 have diminished, which means the financial leverage of the Arab Bank lately was less dependent on the debts to finance the assets.

Financial Performance Analysis Using the Du Pont System Method

This study aims to determine the results of the financial performance of companies in the food sector listed on the Indonesia Stock Exchange (IDX) from 2016 to 2020. study was used to measure financial performance using the results of the Du Pont system analysis: ROE, NPM, TATO, TATE , Capital structure impact, Tax Ratio, PPE/Capital Assets Turn over, WCT, Ebit Margin, GPM, DEP&AMORT, R&D, PTO, ITO, RTO, CTO. This study uses quantitative data and the data used is secondary data with collection techniques using data available on the website. The results of calculations using the du pont system analysis method at PT. Indofood Sukses Makmur Tbk shows good financial performance on indicators, TATE, Tax Ratio, EM, GPM, R&D, PTO, and CTO. Poor financial performance on indicators ,ROE, NPM, TATO, CSI, PPE/CAT, WCT, SG&A, DEP&AMORT, ITO, and RTO. Financial performance of PT. Tiga Pilar Sejahhtera Food Tbk with du pont method analysis showed good performance on indicators, ROE, NPM, TATE, Tax Ratio, EM, R&D and CTO. Poor financial performance on indicators, TATO, CSI, PPE/CAT, WCT, GPM, SG&A, DEP&AMORT, PTO, ITO and RTO.

Analisis Du Pont System dalam menilai kinerja keuangan pada sektor makanan dan minuman di BEI Periode 2016-2020

Food and beverage sub-sector companies have stock prices and stock profits during the period 2016 to 2020 indicating instability or fluctuations between income and stock prices in each period, the condition that occurs is that the company experiences an increase in profits but the stock price falls, but there are companies that have increased stock prices but stock profits have decreased. The purpose of this study is to determine the company's financial performance in the food and beverage sub-sector using the du pont system method on the Indonesia Stock Exchange for the past five years (Period 2016 – 2020). The method used is du pont system analysis with a quantitative approach that includes calculating net profit margin (NPM), total asset turnover (TATO), equity multiplier (EM), return on investment (ROI), and return on equity (ROE). Based on the results of the research conducted, it was concluded that the financial performance of 5 companies in the food and beverage sub-sector studied for the period 2016-2020 company PT Multi Bintang Indonesia, Tbk which has the highest ROE value with excellent financial performance, where the level of sales in each year has increased continuously.

ANALISIS KEUANGAN BPRS AL-SALAAM AMAL SALMAN DENGAN MODEL SHARIA CONFORMITY AND PROFITABILITY (SCnP) DAN TEKNIK DUPONT SYSTEM

This study aims to explain the Islamic financial performance based on the DuPont System Technique and Sharia conformity and Profitability (SCnP) at the Al-Salaam Amal Salman BPRS for the 2016-2020 period by analyzing two variables, namely sharia conformity or sharia conformity and profitability. This study uses quantitative research. Data retrieval in the form of secondary data obtained indirectly from information or additional data used in the form of journals, websites, and other data related to research. The method used is SCnP with sharia conformity ratios namely Sharia Investment, Sharia Income and Profit Sharing Ratios Return On Assets (ROA), Return On Equity (ROE) and Profit Margin Ratio while the DuPont System method uses the ratio of Net Profit Margin (NPM), Total Asset Turn Over (TATO) and Return On Investment (ROI). 
 The result of the study is analysis of the financial performance of BPRS Al-Salaam Amal Salman for the 2016-2019 period using Sharia conformity and Profitability is in the Upper Right Quadran (URQ) position which indicates the bank has a high level of compliance with sharia principles and profitability, while in 2020 it is in a position Lower Left Quadrant (LLQ) which indicates the bank has a level of compliance with sharia principles and low profitability. While the analysis using the DuPont System BPRS Al-Salaam Amal Salman has an average Net Profit Margin (NPM) of 23.393%, Total Assets Turn Over (TATO) of 20.666% and Return On Investment (ROI) of 0.029%.

Relationship between the quality of information from ERP systems and business performance: Controlling analysis using DuPont system

The aim of this paper is to determine the relationship between the quality of information from the Enterprise Resource Planning system (ERP system) and business performance. The quality of information from the ERP system is assessed using a survey questionnaire examining the end users of the ERP system, namely middle and top management because they use information from the ERP system to make business decisions. Business performance is monitored from a controlling point of view, using selected indicators from the DuPont system. Empirical research was conducted on medium and large enterprises in Bosnia and Herzegovina. The existence of a positive correlation between information quality and business performance was examined using regression analysis and correlation analysis. Regression analysis and correlation analysis indicate that return on sale (ROS) and return on assets (ROA) have a medium significant correlation with the quality of information, and total asset turnover ratio (TR) does not correlate with the quality of information. Based on the obtained results, a positive relationship between the quality of information from the ERP system and business performance was confirmed. This can be interpreted that information is becoming an increasingly important resource in supporting organizational activities, and information quality has been identified as one of the main determinants influencing the decision-making process.

ANALISIS KINERJA KEUANGAN PERUSAHAAN DENGAN SISTEM DU PONT PADA PT. PLN (PERSERO) UNIT PELAKSANA PELAYANAN PELANGGAN(UP3) PAREPARE

The financial report is the result of the act of making a summary of financial data. The financial statement is the result of the act of making a summary of financial data. Financial statements issued by the company are one of the sources of information regarding the company's financial position, performance, and changes in the company's financial position that are useful to support the right decision-making. The performance of a company, both financial performance and other performance, of course, depends on the company's operations. The aim of this research was to determine the company's financial performance by using the du pont system at PT. PLN (PERSERO) of customer service implementation Unit in Parepare for the last five years (2015-2019). This research was conducted at PT. PLN (PERSERO) of customer service implementation Unit in Parepare for 3 months starting from May to July 2021. This research used a method to analyze company performance with du pont system (ROI with a Du Pont approach). The results of the research proved the financial performance at PT. PLN (Persero) of the customer service implementation Unit in Parepare is in good condition viewed from the NPM, while it is in poor condition viewed from the TATO, then if it is viewed from the ROI, the company's financial performance is in good condition. Therefore, it concludes that the financial performance at PT. PLN (Persero) of the Customer Service Implementation Unit in Parepare is in good condition, although the TATO value shows an unfavorable value. However, the ROI value is still in accordance with the standard because it is balanced with the NPM value which is always increasing.

Analisis Kinerja Keuangan Bank Syariah Dengan Metode DuPont System Pada PT. Bank BRI Syariah Periode 2016-2019

It is very important to measure financial performance by digging up more information contained in financial statements, financial statements are the end result of the accounting process, which must provide useful information for decision making by various parties. This study aims to obtain an overview of the company's financial performance by applying the DuPont System method. In addition, this analysis can evaluate changes in company conditions and performance, whether there is an increase or decrease or both. The variables used in the DuPont System calculation are Return On Investment, Total Asset Turnover, and Net Profit Margin. The method used in this study is quantitative descriptive, the source of the data needed in this study is secondary data, the data used in this study are data published by BRI Syariah Bank and BRI Syariah Bank publication reports that exist at the Service Authority. Finance (OJK). The results of this study indicate that the performance of BRISyariah fluctuates every year. Where tends to decrease at the level of Net Profit Margin, Total Assets Turnover, and Return On Investment. The highest Net Profit Margin for five years occurred in 2016 at 6.16% and the lowest occurred in 2019 at 2.04%. The largest Total Assets Turnover was 0.10 times in 2016 and the lowest was 0.08 times in 2019. The highest Return On Investment was 0.16% in 2016 and the lowest was 0.17% in 2019. This shows that the performance of BRI Syariah Bank in generating profits is said to be poor because it tends to decrease every year, even though the level of the DuPont System at BRI Syariah Banks has fluctuated, but it is still said to be positive due to the determination of the DuPont Syatem level criteria, namely the ROI of BRI Syariah Banks is still quite healthy.

The Effect of the Employee Stock Ownership Program and Growth on Return On Equity (Case Studies in Manufacturing Companies Listed on the Indonesia Stock Exchange in 2015-2019)

The purpose of this paper to examine the effect of ESOP and growth on financial performance. The financial performance used ROE method with dupont system. Financial performance is a description of Condition Company to assess profitability and return on equity. Financial performance can be influenced by many factors, that is ESOP and growth. The paper includes a conceptual as well as empirical analysis, in which data from a sample of listed manufactur firms for the period from 2011 to 2015. The method of this paper is descriptive and verifikatif, method to describe research variables and explain the relationship between variables with hypothesis testing. Data analysis technique is panel data model, use F test and T test.The result of study are the highest average ROE values ​​were in 2015 and 2016 and the lowest average ROE values ​​were in 2019. The average ESOP growth each year is the same. The highest average value of growth was in 2015 and the lowest average value of growth was in 2018. ESOP and Growth simultaneously have a significant effect on ROE. Partial effect of ESOP and Growth on ROE. ESOP has a significant negative effect on ROE. Growth has a negative and insignificant effect on ROE Future research can examine other variables, such as funding policies, ownership structures, intellectual capital and good corporate governance. Researchers can take samples in other sectors, such as financial and insurance sector, service sector, property sector, or industry sector also.

Financial Performance Analysis of Sharia Banks in Indonesia and Malaysia Using Dupont System

Financial Performance Analysis of Sharia Banks in Indonesia and Malaysia Using Dupont System

Financial Ratio Analysis in DU PONT SYSTEM to Measure Financial Performance PT. Terminal Teluk Lamong

Companies are defined as organizational units that use various factors of production and produce goods and services to be sold to households, other companies or the government in a profit-oriented manner. In this global era, competition among actors is increasingly competitive. In this research will be conducted to measure the company's financial performance using ratio analysis in the DuPont System at PT. Teluk Lamong Surabaya Terminal in the period 2016 to 2018. The DuPont System can identify the cause of the inefficiency of a company based on its financial statements. The purpose of this financial ratio analysis is to see and evaluate the company's current and future financial condition. This study aims to determine the results of financial performance at the company PT. Teluk Lamong Surabaya Terminal in the period 2016 to 2018.

الجامعة المستنصرية / كلية الادارة والاقتصاد

The study of the mutual relationship between return and risk is prepared by the DUPONT SYSTEM for a period of 10 years from 2008 to 2017 in Qatari insurance companies. Costs, which characterized the Qatar General Insurance Company by achieving the highest average profit margin of 99,699 and the AU Asset Utility Index, which measures the efficiency of management in using its assets to achieve its revenues, which characterized Doha Insurance Company as it achieved the highest asset benefit of 34,771 Financial leverage EM, or the so-called ownership multiplier index, which is the ratio that measures the risks related to the use of ownership money, which characterized Qatar Insurance Company, as it achieved the highest rate of raising money of 267,677. The aim of using DUPONT SYSTEM is to compare the performance of companies in the same industry as network analysis to predict future changes, thus adding another dimension to the evaluation of Qatari insurance companies for optimal investment based on sound performance evaluation. The results of the study showed that companies that follow the policy of cost leadership strategy may It achieved a lower return than that which followed the policy of differentiation strategy. The research hypotheses were tested using ANOVA, and the following was found: 1- The existence of statistically significant differences between Qatari companies operating in the insurance field due to the return on equity (ROE). 2- The existence of statistically significant differences between Qatari insurance companies due to the financial leverage index Equity On Multiplier (EM). 3- There are statistically significant differences between Qatari insurance companies attributable to the Return On Asset index (ROA). 4- There are statistically significant differences between Qatari insurance companies due to the Profit Margin (PM) indicator. To confirm the results, a Multiple Comparisons Tukey was performed