Profit Growth Research Articles

Pengaruh Rasio Likuiditas, Aktivitas, dan Solvabilitas Terhadap Pertumbuhan Laba Perusahaan Batubara di Bei Tahun 2019-2023

Profit growth is a ratio that shows how well a business can increase its net profit compared to the previous year. Good profit growth shows that the company's financial condition is in good condition. The higher the profit level of a company, the better the company's performance. This research aims to determine the influence of the Liquidity Ratio, Activity Ratio and Solvency Ratio variables on Profit Growth in Coal Mining Companies Listed on the Indonesia Stock Exchange (BEI) for the 2019-2023 period. The population of this research is coal mining companies listed on the Indonesia Stock Exchange for the 2019-2023 period. The sample companies were 14 coal mining companies. The analytical tools used to test the hypothesis are the T Test and F Test. The results of the research show that the Liquidity Ratio, Activity Ratio and Solvency Ratio partially have a positive but not significant effect on profit growth, while simultaneously the Liquidity Ratio, Activity Ratio and Solvency Ratio do not. influence on profit growth in coal mining companies for the 2019-2023 period

Pengaruh Kebijakan Dividen Terhadap Kinerja Keuangan pada PT. Gudang Garam TB

Multinational companies in Indonesia, such as PT Gudang Garam Tbk, with complex financial statements, are interesting subjects for study. The company's capital ownership has increased annually, but this growth has not been accompanied by an increase in profits. The analysis is based on the financial statements of PT Gudang Garam Tbk for the period 2018-2022, using simple regression analysis. In this analysis, the dividend payout ratio, Return On Investment, and Return On Equity are considered as independent variables (x), while financial performance is the dependent variable (y). The study results show an increase in the dividend policy, but a decrease in ROI and ROE. Furthermore, the statistical analysis reveals that the dividend policy has a positive effect on financial performance, while ROI and ROE have a negative impact on financial performance. The findings indicate that the low profit growth is not due to high or low capital, but is instead caused by the return on investment (ROI) and return on capital (ROE) in the form of profit sharing. Hence, it is the return process that leads to declining or low profits.

Intellectual capital as a driver of value creation in Serbian entrepreneurial firms

PurposeThis paper analyses the role of intellectual capital (IC) as a factor of the financial performance of entrepreneurial firms, which are recognized as the main drivers of economic growth and employment.Design/methodology/approachThe sample consists of 188 business owners from Serbia. The primary data are collected using the questionnaire, while the secondary data come from the annual financial statements of their companies. The elements of IC as independent variables are grouped into three components: human, structural and relational capital; sales revenue and operating profit CAGR (5y) are used as dependent variables, while company size and industry type are used as control variables. Statistical analysis involves factor and regression analyses.FindingsThe results reveal that IC components contribute to the long-term financial performance of entrepreneurial firms. Specifically, the following elements have positive effects on financial performance: knowledge of the entrepreneur, process improvement and organisational culture. On the other hand, entrepreneurs’ social skills and tenacity were found to have a negative impact on revenue and operating profit growth, while support from informal networks had a negative effect on the growth of sales revenue.Originality/valueThis study aims to fill a gap in the literature on the impact of IC on the financial performance of entrepreneurial firms.

Indonesian Islamic Banks’ Post-Pandemic Profitability Alignment with Sustainability Goals

Purpose — The Islamic banking sector in Indonesia has recovered from the COVID-19 pandemic. Despite the sector’s resilience to the crisis, Islamic banks have lower levels of profitability than their conventional counterparts. They therefore need to optimise profitability as well as implement sustainability practices due to their high reliance on income from intermediary functions and their core principle of protecting life and preventing harm. This study aims to optimise the post-pandemic profitability of Indonesian Islamic banks while seeking to align profitability with sustainable development goals (SDGs). Design/Methodology/Approach — The model is developed based on the combination of linear programming and financial analysis, with constraints considering banking regulations and practices. The model highlights financing product types, financing fields of business, and types of deposit products that contribute to higher profits and support sustainability practices. Findings — The recommended financing product types, financing fields of business, and deposit product types lead to profitability growth of up to 85 per cent, even better than the pre-pandemic performance of Islamic banking and the overall Indonesian banking industry. This research also finds that Islamic banks’ strategy for profit optimisation is consistent with the increasing support for SDGs. Originality/Value — There is a lack of literature discussing the alignment of Islamic banks’ profit optimisation with the SDGs. This study contributes to the literature by aligning the Islamic banks’ profitability strategy with sustainable financing. Research Limitations/Implications — The study is expected to promote the implementation of sustainability practices as well as increase the profitability of Islamic banks, drawing from evidence in Indonesia.

KEMAMPUAN RASIO KEUANGAN DALAM MEMPREDIKSI PERTUMBUHAN LABA PADA PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2012-2017

The research aims to: (1) test and prove the ability of the Capital Adequacy Ratio (CAR), Loan to Deposit Ratio (LDR), Non-Performing Loan (NPL), capability Operations on operating income (BOPO), Net Interest Margin (NIM), Return On Asset (ROA) and Return On Equity (ROE) in predicting profit growth Registered Banking Company in IDX. A research sample is a banking company listed on the Indonesia Stock Exchange. Data analysis methods use multiple linear regression analyses. From the research results are known that: (1) Capital Adequacy Ratio (CAR) is not able to predict the profit growth of registered banking companies in IDX: (2) Loan to Deposit Ratio (LDR) is not able to predict the profit growth of the banking company Registered in the IDX: (3) Non-Performing Loan (NPL) is not able to predict the profit growth of registered banking companies in IDX: (4) operating expenses on operating income (BOPO) is not able to predict the profit growth of the banking company Registered in IDX: (5) Net Interest Margin (NIM) is not able to predict the profit growth of registered banking companies in IDX: (7) Return On Equity (ROE) is able to predict the profit growth of the IDX-registered banking company

Molten Aluminum-Induced Corrosion and Wear-Resistance Properties of ZrB2-Based Cermets Improved by Sintering-Temperature Manipulation.

During the hot dip aluminum plating process, components such as sinking rollers, pulling rollers, and guide plates will come into long-term contact with high-temperature liquid aluminum and be corroded by the aluminum liquid, greatly reducing their service life. Therefore, the development of a material with excellent corrosion resistance to molten aluminum is used to prepare parts for the dipping and plating equipment and protect the equipment from erosion, which can effectively improve the production efficiency of the factory and strengthen the quality of aluminum-plated materials, which is of great significance for the growth of corporate profits. With AlFeNiCoCr as the binder phase and ZrB2 as the hard phase, ZrB2-based ceramic composites were prepared by spark plasma sintering (SPS). SEM, EDS and XRD were used to characterize the microstructure and properties of the sintered, corroded, and abraded material samples. The density, fracture toughness, corrosion rate and wear amount of the composite material were measured. The results show that ZrB2-AlFeNiCoCr ceramics have compact structure and excellent mechanical properties, and the density, hardness and fracture toughness of ZrB2-AlFeNiCoCr increase with the increase in sintering temperature. However, when the composite material is at 1600 °C, the relative density of the sintering at 1600 °C decreases due to the overflow of the bonding phase. Therefore, when the sintering temperature is 1500 °C, the high entropy alloy has the best performance. The average corrosion rate of ZrB2-1500 at 700 °C liquid aluminum is 1.225 × 10-3 mm/h, and the wear amount in the friction and wear test is 0.104 mm3.

Profitability Ratio Analysis in Assessing Financial Performance at PT. Bank Mandiri (Persero) Tbk

Measuring financial performance is important because a healthy bank will influence public trust and the achievement of an effective and efficient economic system. This research aims to determine the financial performance of PT. Bank Mandiri (Persero) Tbk in 2018-2022. The variables of this research are financial performance, return on assets, return on equity, net profit margin and operating expenses, operating income. The population and sample of this research are financial reports in the form of balance sheets and profit and loss from PT. Bank Mandiri (Persero) Tbk 2018-2022. Data collection was carried out using documentation techniques. The results of this research indicate that the financial performance of PT. Bank Mandiri (Persero) Tbk in 2018-2022 based on Bank Indonesia standards is classified as healthy. This is influenced by an increase in interest income, which causes growth in net profit.

Study on the Selection of Recycling Strategies for the Echelon Utilization of Electric Vehicle Batteries under the Carbon Trading Policy

Global climate change has prompted all sectors of society to take urgent action to reduce carbon emissions. Electric vehicles are the key to low-carbon transportation transformation, but their popularity has led to difficulties in disposing of used batteries. Improper handling will pollute the environment and violate the original goal of promoting low-carbon practices. Therefore, it is crucial to establish a sustainable battery-recycling and disposal system. This study uniquely incorporates the concept of battery echelon utilization into its analytical framework using a Stackelberg game model, exploring the equilibrium strategies for stakeholders in a closed-loop supply chain under carbon emission constraints. We analyzed the impact of multiple factors in the recycling process, as well as the influence of digital technology, on enterprise pricing, recycling efficiency, and the choice of recycling channels. The study found that the market pricing of batteries and electric vehicles is not influenced by recycling participants, but is instead related to the application of digital technology. Numerical simulations further reveal that the battery’s echelon utilization rate and carbon emission limit policies jointly motivate enterprises to be more proactive in recycling. In the joint recycling model, battery suppliers can achieve more substantial profit growth compared to electric vehicle manufacturers, providing new insights and directions for innovation and the development of collaborative models within the supply chain.

Examining the Impact of Bank Health on Profit Growth among Infobank15-Listed Banks

Banking institutions make a critical contribution to the economy by aiming to maximize profits for efficient operations. This study evaluates the impact of several key financial ratios—Non-Performing Loan (NPL), Loan to Deposit Ratio (LDR), Good Corporate Governance (GCG), Return on Assets (ROA), Net Interest Margin (NIM), and Capital Adequacy Ratio (CAR)—on the profit growth of banks listed in Infobank15 from 2019 to 2022. Using a saturated sampling technique, data from 26 companies, resulting in 104 observations, were analyzed through multiple linear regression. The results indicate that LDR, GCG, ROA, NIM, and CAR have a positive and significant impact on profit growth, while NPL negatively and significantly affects it. These findings underscore the importance of regular financial ratio reviews to manage bank health and enhance performance. Data were sourced from annual reports and analyzed using the Risk-Based Bank Rating (RGEC) approach mandated by Bank Indonesia Regulation No. 13/1/PBI/2011.

Profitabilitas, Likuiditas dan Pertumbuhan Perusahaan pada Kebijakan Hutang Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Periode Tahun 2018 – 2022

This research aims to determine and analyze the influence of profitability, liquidity and company growth on the debt policy of manufacturing companies listed on the Indonesia Stock Exchange for the 2018-2022 period. This type of research is quantitative research using secondary data obtained from the Indonesia Stock Exchange website. The total population is 226 companies and the sample is 25 companies with a total of 125 observations. Sampling used purposive sampling technique. The data analysis method uses Ordinary Least Square, with a panel data regression model approach and statistical t-test.The research results show that: Profitability/ROA has a negative and insignificant effect on the debt policy of manufacturing companies listed on the Indonesia Stock Exchange (BEI) for the 2018-2022 period. Liquidity/CR has a positive and significant effect on the debt policy of manufacturing companies listed on the Indonesia Stock Exchange (BEI) for the 2018-2022 period. Company growth / GROWTH has a positive and significant effect on the debt policy of manufacturing companies listed on the Indonesia Stock Exchange (BEI) for the 2018-2022 period.

Pengaruh Leverage Terhadap Pertumbuhan Laba pada Perusahaan Manufaktur Sektor industri Dasar Kimia yang Terdaftar di Bursa Efek Indonesia Periode 2018-2022

This research aimed to determine the influence of Debt To Equity Ratio and Debt To Asset Ratio on Profit Growth in the Basic Industry and Chemical Sectors Listed on the Indonesian Stock Exchange in 2018-2022. The research samples were selected through purposive sampling, where 41 companies met the requirements as samples. The analytical test tool used to test this research was multiple linear regression. The data analysis applied the SPSS 27 application. The research findings indicated that the Debt To Equity Ratio (DER) influenced profit growth negatively, and Debt To Asset Ratio (DAR) influenced profit growth positively. In the meantime, simultaneously, the Debt To Equity Ratio (DER) and Debt To Asset Ratio (DAR) influenced profit growth.

Financial Analysis of COFCO Capital under the Framework of Harvard

In recent years, COFCO Capital will continue to benefit from the synergistic advantages of the gold-control platform and the release of dividends from state-owned enterprise reform. The company has industrial advantages in the direction of strategic layout of food security, and realizes rapid growth in revenue and profit. Taking COFCO Capital Corporation, a professional finance company and investment platform under COFCO Group, as an example, this study applies Harvard financial analysis method, selects data from the 2018-2022 annual report, and comprehensively analyzes COFCO Capital Corporation's current operating status, competitive advantages, and future development potential in four dimensions: strategy, finance, accounting, and outlook to provide decision-making reference for the company and relevant stakeholders. It is found that the enterprise's solvency and operating ability are good, but its profitability and growth ability are in poor condition. It is proposed that solutions should be explored in terms of internal management and external investment and financing to improve its financial status and operational performance, which provides a reference for the company and relevant stakeholders to make decisions.

Study on the Investment Value of Alibaba based on Financial and Valuation Methods

This article analyzes the significant advantage of the e-commerce industry in China through the average beta coefficient, while Alibaba, as a leader in the e-commerce industry, has suffered a severe blow, leading to an analysis of the investment value of Alibaba. Through financial analysis and valuation, it is found that Alibaba is in good financial condition, competitive with peer companies, and has room for growth. According to the analysis, The analysis shows that Alibaba maintains a high profit growth rate of 30% to 40% all the year round, and the TTM EPS and NTM EPS are compared and analyzed, and the data are more than 7, while the PE ratio of Alibaba is obviously low, and its financial status is greatly underestimated. Furthermore, an analysis of other factors affecting the investment value of Alibaba reveals that factors such as financial crises impact the stability of Alibaba's equity and influence investors' misjudgment of value, leading to stock price declines. This provides researchers and business leaders with more insights.

Financial Analysis of Livestock and Poultry Breeding Enterprises under the Harvard Analysis Framework- Take Wens Co., Ltd as an example

With the increasing population, China's livestock and poultry industry has developed rapidly. Wens has always been one of the leading enterprises in China's livestock and poultry industry and is considered to have a pivotal influence on the development of the industry. However, in recent years, the development of China's livestock and poultry industry is not smooth, and the overall fluctuation of the industry has a greater impact on enterprises. Based on the financial data of Wens from 2018 to 2022 and the Harvard framework analysis, this paper analyzes the four aspects of strategy, accounting, finance and prospect of Wens. The enterprise has strong innovation ability and good short-term solvency, but the net profit growth rate is insufficient, and the asset-liability ratio is high. The gross profit of the enterprise continues to decline in recent years, which may bring about the lack of development momentum of the industry. The enterprise should actively reduce costs and develop diversified industries. This paper provides corresponding reference for other similar livestock and poultry breeding enterprises.

주요 수입원으로 부동산 의존 여부에 따른 서비스업의 재무비율과 재무성과 간의 영향관계에 관한 연구

[Purpose] This paper analyzes the impact of financial ratios on the financial performance of two different types of service industries, called Group 1 and Group 2. Group 1 consists of maritime transport, air transport, hotel and car rental industries, which depend on real estate as a major source of income, while Group 2 consists of travel agencies, trading companies and information service industries, which do not depend on real estate as a major source of income. [Methodology] This study primarily analyzed 12 representative financial ratios, divided into four categories：profitability ratios, stability ratios, growth ratios, and activity ratios. Secondary data based on the Value Search from 2015 to 2019, was analyzed, and a multiple regression model was employed using SPSS 26.0. [Findings] The analysis showed that for Group 1, focusing on increasing low asset turnover with a relatively low debt ratio is a good way to improve a company’s profitability；for Group 2, focusing on relatively high asset turnover with relatively high debt ratio can improve a company’s profitability. [Implications] The financial performance of service industry was impacted by different types of financial ratios according to real estate dependence as major source of income.

The Effect of Working Capital Management and Credit Management Policy on Financial Performance of Banking Companies Listed on the Indonesian Stock Exchange in 2019 -2022

The high dividends paid by banking sector companies to capital market investors have led the OJK as a regulator to take action to regulate the portion of banking companies dividends which is considered excessive and could jeopardize bank stability. This study examines the role of Working Capital Management and Credit Management Policy as independent variables that influence bank Financial Performance. Using panel data from 34 Indonesian banks listed on the Indonesian Stock Exchange from 2019 to 2022, We investigate the effect of various WCM components (i.e., Bank Size (BS), Debt Ratio (DR), Current Ratio (CR), and CMP (i.e., Equity Ratio to Risky Assets (ERRA), Rate of A Bank's Ability to Return Deposits (RBARD), and Average Collection Period (ACP)) on the company's financial performance by looking Return on Assets (ROA). Multiple regression analysis was performed using Stata 14 software to evaluate the hypothesis. The findings revealed that WCM and CMP were only able to explain about 11.96% of changes in the dependent variable. The outcomes of this study suggest that banks should pay attention to capital resource allocation because excessive amounts of capital incur substantial costs. If equity is dominated by debt and shares, excess capital will have a detrimental impact on the company's profit growth. In addition, as determined by the ACP variable, longer receivable terms may result in increased credit risk and decreased bank profits.

ANTECEDENTS TO THE CAPITAL STRUCTURE OF SERVICE COMPANIES LISTED ON THE IDX IN 2019-2023

This research was conducted because of different research results regarding the factors that influence capital structure, especially profitability, asset growth and business risk. By using quantitative descriptive analysis and purposive sampling techniques, the final sample obtained was 8 companies. The data source used is secondary data obtained from the Indonesian Stock Exchange website. The data analysis technique used is descriptive statistics and panel data regression analysis with the help of EViews 11. Based on the analysis results, it shows that profitability and asset growth have no effect on capital structure, while business risk has a negative effect on capital structure.

Factors Affecting Profit Quality in Non-Bank Financial Sector Companies

Purpose –PeThis study aims to analyze the effect of profit growth, capital structure, investment opportunity set, and audit committee on profit quality in non-bank financial sector companies listed on the Indonesia Stock Exchange (IDX) from 2019 to 2021. Methodology/approach –This research is a causal research with a quantitative approach. Secondary data in this study were obtained from the Indonesia Stock Exchange (IDX) or the company's official website. The sampling method used the purposive sampling method and obtained 45 companies with 3 years of research. The analysis technique used is multiple linear regression analysis with the IBM SPSS version 25 application. Findings –The results of this study indicate that profit growth has no effect on profit quality, capital structure has a significant positive effect on profit quality, investment opportunity set has a significant negative effect on profit quality, and the audit committee has no effect on profit quality. Novelty/value –This study proves that the investment opportunity set is a factor that drives an increase in the quality of company profits as proxied by the Market to Book Value of Assets Ratio.

ANALISIS RASIO PROFITABILITAS DALAM MENGUKUR KINERJA KEUANGAN PERUSAHAAN PT. INDOFOOD SUKSES MAKMUR TBK

The purpose of this research is to analyze the Profitability Ratios in measuring the Financial Performance of PT. Indofood Sukses Makmur Tbk. The method used is quantitative analysis in the form of Financial Statements. The technique employed is descriptive analysis using financial ratios. The results of this research indicate that, based on the average profitability ratios from 2019-2023, the company is capable of measuring profit growth with the profitability ratio of PT. Indofood Sukses Makmur Tbk, in terms of Return on Assets (ROA), whereas Return on Equity (ROE) is still considered very low or has not yet met the industry ratio standards. The average ROA ratio is 7.84%, while the industry standard value is less than 20%, and the average ROE ratio is 14.21%, but it has not met the industry standard value of less than 25%. However, the Gross Profit Margin (GPM) exceeds the profitability industry ratio standards, as the GPM has an average ratio of 34.58%, with the industry standard ratio value being more than 30%. This indicates that the company has not yet been able to manage its finances effectively in terms of ROA and ROE, but it has managed its finances effectively in terms of GPM, meeting the operational standards.

In search of profitable growth in volatile and unpredictable environments: the role of supply chain structural adaptability

PurposeThis research examines the long-held belief in the adaption-related literature that a firm’s ability to adapt organizational structure to changing environments is related to superior performance. We create and test a construct that reflects an organization’s ability to change structure, which we call Supply Chain Structural Adaptability (SCSA), rather than relying on proxies (e.g. structural form or organizational modularity) used in prior studies.Design/methodology/approachQuantitative data was collected from 218 firms to test our conceptual model.FindingsWe find that SCSA has a mixed effect on profitable growth under various environmental conditions.Originality/valueWe find evidence that refutes two widely held assumptions in organization research, namely, that structural form serves as a reasonable proxy for structural adaptability and that the benefits of adaptive capabilities always increase as environmental dynamism increases.