Profitability Ratios Research Articles

Analisis Laporan Keuangan Perusahaan Sebagai Penilaian Kinerja Perusahaan (Studi Pustaka pada Perusahaan BUMN Sektor Konstruksi yang Terdaftar di Bursa Efek Indonesia 2020-2022)

The development of the business world in an increasingly open economic situation needs to be based on performance assessment facilities and systems that can encourage companies towards increasing efficiency and competitiveness which will strengthen capital and have an impact on the company's performance assessment. So that it is able and survives in the increasingly tight business competition today. Companies can analyze financial reports, especially in conducting performance assessments. In the research conducted by the author using descriptive qualitative methods and Literature Studies on the financial reports of 4 state-owned construction sector companies listed on the Stock Exchange: PT Wijaya Karya (Persero) TBK, PT Waskita Karya (Persero) Tbk, PT Adhi Karya Tbk (ADHI), and PT Pembangunan Perumahan (Persero) Tbk. The purpose of this research is to calculate and analyze the Liquidity, Solvency and Profitability of Financial Reports as an assessment of the Company's Performance. The results of the study show that the Liquidity Ratio (current ratio) of PT Waskita Karya (Persero) Tbk has a consistently high current ratio for three consecutive years, with the highest figure in 2020 at 168.89%. This shows the company's ability to meet its short-term obligations better than other companies such as PT Wijaya Karya (Persero) Tbk and PT Adhi Karya (Persero) Tbk which have lower ratios. The solvency ratio of PT Waskita Karya (Persero) Tbk also stands out with a very high debt to equity ratio, reaching 979.55% in 2022. This indicates that the company is highly dependent on debt in its funding structure. High dependence on debt can increase financial risk, Profitability Ratio, PT Wijaya Karya (Persero) TBK and PT Waskita Karya (Persero) Tbk showed an increase in Net Profit Margin, which indicates an improvement in operational efficiency and management. On the other hand, PT Adhi Karya (Persero) Tbk and PT Pembangunan Perumahan (Persero) Tbk experienced a decline in margin, although they maintained a positive margin. Different receivable turnover ratios also provide an overview of the efficiency of receivables management in these companies. PT Wijaya Karya (Persero) Tbk for example, in 2021 had a very high receivables turnover ratio of 790.28%, indicating that this company is able to manage receivables very efficiently, accelerating cash collection from credit sales.

Analisis Kinerja Keuangan Berdasarkan Rasio Likuiditas Dan Profitabilitas Pada PT. MAYORA INDAH Tbk. Periode 2020-2023

The purpose of this study was to measure and analyze financial performance based on liquidity ratios and profitability ratios at PT Mayora Indah Tbk for the 2020-2023 period. This research uses quantitative descriptive research methods using data from the audited and released financial statements of PT Mayora Indah Tbk from the Indonesia Stock Exchange (IDX). The results of this study indicate that using the liquidity ratio consisting of current ratio, quick ratio and cash ratio achieved by the company during the four periods from 2020 to 2023 has fluctuated, but the company's liquidity level is still good because it is still above the industry average standard which shows that the company uses assets owned by the company to meet its short-term obligations. And using profitability ratios consisting of return on assets, return on equity, return on investment, gross profit margin, and net profit margin in 2020 to 2021 has decreased and in 2022 to 2023 the company has increased but is still far below the average standard industry ratio so that it shows that the company's profitability is not good. Thus, it can be concluded that liquidity has a close relationship with profitability, this indicates a large placement of funds on the current asset side. Suggestions that can be useful for company management are to improve the financial performance of PT Mayora Indah Tbk, management should utilize existing capital more effectively through profitable investments, such as product development, in order to increase sales and expand market share.For future researchers, it is recommended that further research be carried out with a longer period of time.In addition, the ratio used is added again in measuring financial performance, so that the results obtained are maximized.

Tataniaga Komoditas Padi (Oryza Sativa L.) Di Kecamatan Papar Kabupaten Kediri

The aim of this research is to determine marketing channels and analyze farmer's share of rice commodities in Papar District. This research uses analysis of costs, margins, farmer's share, and the ratio of profit per trading cost. The research results show that the dynamics of rice trading in Papar District involve several institutions that have an important role in creating an efficient supply chain. Farmers as primary producers interact with various institutions, such as farmers, middlemen, collectors, and retail agents, who are interconnected to meet consumer needs. The dominance of the use of certain marketing channels reflects the adaptation of business actors to fluctuating market demand. Farmers get the largest share if they can cut marketing channels. These findings raise interesting questions about how changes in supply chains can impact farmers' sustainability and welfare, as well as what strategies need to be adopted to optimize profits without compromising rice accessibility for consumers. Recognizing the importance of relationships between all institutions in the trading system, this research opens up space for deeper discussions about the agribusiness system and the challenges that exist at the local level.

Perbandingan Analisis Rasio Laporan Keuangan Perusahaan Sektor Pertambangan Tahun 2019 – 2023

This study was conducted to analyze the comparison of financial ratio reports for companies in the mining sector during the 2019-2023 period. The research employed a descriptive quantitative method using secondary data obtained from the Indonesia Stock Exchange. The results showed that, based on the liquidity ratio, PT Bukit Asam Tbk demonstrated good financial conditions, while PT Aneka Tambang Tbk required further observation. Based on the activity ratio, PT United Tractors and PT Aneka Tambang required further observation, whereas PT Tembaga Mulia Semanan Tbk showed good financial conditions. Based on the solvency ratio, PT Bukit Asam Tbk and PT United Tractors Tbk exhibited more stable and profitable performance. This stability was also reflected in their profitability ratios, which showed consistent performance, and the same applies to their market ratios.

Analysis of the Influence of Profitability Ratio on the Capital Structure of Bank Central Asia Tbk (2009-2020)

This study discusses financial performance as an indicator of a bank's success. Important factors in assessing profitability include skills, resources, and the company's capital structure. Bank Central Asia (BCA), a leading bank in Indonesia, was chosen as the focus of the study. This research examines the influence of profitability ratios, such as ROA and ROE on the capital structure through DER from 2009 to 2020. The study employs the theory of capital structure, which is used to understand the use of debt and equity in maximizing a company's value. To understand the correlation between variables, the vector error correction model method was selected to comprehend the long-term and short-term relationships among time series variables. Abstrak Penelitian ini membahas kinerja keuangan sebagai indikator keberhasilan bank. Faktor penting dalam menilai profitabilitas adalah keterampilan, sumber daya, dan struktur modal perusahaan. Bank Central Asia (BCA), bank terkemuka di Indonesia, dipilih sebagai fokus penelitian. Penelitian ini melihat pengaruh rasio profitabilitas melalui ROA dan ROE dengan struktur modal melalui DER sejak tahun 2009 hingga 2020. Penelitian ini menggunakan teori modal sendiri di mana teori ini digunakan untuk memahami penggunaan utang dan ekuitas dalam memaksimalkan nilai perusahaan. Dalam mengetahui korelasi antar variabel dipilihnya metide model koreksi error vektor yang ditujukan untuk memahami hubungan jangka panjang dan pendek antar variabel waktu.

The Influence of Sustainability Reports on Financial Performance in Banking Companies Listed on the Indonesia Stock Exchange (IDX) for the 2016-2023 Period

This study aims to determine the impact of sustainability reports, which are described in three dimensions of disclosure: Social, Environmental, and Economic, on financial performance by using profitability ratios proxied by the ROA ratio and adding company size as a control variable. The population in this study consists of banking companies listed on the Indonesia Stock Exchange that disclosed Sustainability Reports using the GRI G4 standard during the period 2017-2023. The results obtained are that the dimensions of social and environmental disclosure have a negative insignificant effect on financial performance, while the dimension of economic disclosure has a significantly positive effect on financial performance. The addition of company size as a control variable does not affect the obtained results. The results of this study can be used by investors in making investment decisions, especially by considering the sustainability report variable.

Capitalization Chronicles: Unraveling the Impact on Bank Profitability

This study seeks to investigate the influence of capitalization on the profitability of banks, focusing on financial data of 34 Indonesian commercial public banks over the period of 2013-2022. The researcher evaluates the capital ratio, a critical measure of financial stability, for its impact on key profitability metrics such as Return on Assets (ROA), Return on Equity (ROE), Net Interest Margin (NIM), and Pre-Provision Profitability Ratio (PPR). By utilizing the Fixed Effect Model (FEM), the results of this study show mixed effects of capital ratio on profitability across profit measures. Further, the finding shows an inverted U-shaped impact of capital ratio on bank profit when ROA is used. This suggests that a higher capital ratio increases a bank’s ability to generate profits on its assets up only to a critical point. A further increase in the capital ratio beyond this point tends to adversely affect profitability.

Analisis rasio keuangan untuk mengukur kinerja keuangan pada PT. Telkom Indonesia (Persero) Tbk yang terdaftar di Bursa Efek Indonesia tahun 2019- 2022

The objective of this research is to ascertain the financial performance of PT Telkom Indonesia, a company listed on the Indonesian Stock Exchange. This research is qualitative and descriptive in nature, utilizing both qualitative and quantitative data. The secondary data source was used as the research basis. The research findings from 2019 to 2022 clearly indicate that the financial performance, measured using liquidity, solvency, activity and growth ratios, is poor. Conversely, financial performance measurement based on profitability ratios, such as the net profit margin ratio, demonstrates favorable outcomes, while return on equity falls short. The activity ratio, measured by receivable turnover, shows positive results, contrasting with the less favorable performance of total asset turnover.

A STUDY ON PROFITABILITY OF SELECTED CEMENT COMPANIES IN INDIA

The Indian cement industry is second largest after China. The progress of cement industry is gradually affected to infrastructure development. A total capacity is 151.2 Million Tonnes (MT). Cement industry constitutes of 140 large and more than 365 mini cement plants. The cement industry plays a significant role in economic development. Cement is required raw material to any construction purpose as for building, road, bridges etc. This paper studies the profitability performance of selected cement companies. Study is based on secondary data collected from published annual reports covers a four years’ period (2018 to 2021). The data have been analyzed by using important profitability ratios and some of the statistical tools.

Analisis Rasio Keuangan Perusahaan Food and Beverage yang Tercatat di Bursa Efek Indonesia Periode 2019-2023

The purpose of this research is to evaluate the financial performance of the food industry, namely PT Nippon Indosari Corpindo Tbk, PT Mayora Indah Tbk, and PT Indofood CBP Sukses Makmur Tbk using financial ratio evaluation from 2019 to 2023. The method applied is a descriptive quantitative approach by reviewing the company's financial statements within that period. The indicators analyzed are liquidity ratios, activity ratios, solvency ratios, and profitability ratios. The results of the study revealed that CBP has the best performance in terms of liquidity, while for the activity ratio, the company shows optimal effectiveness in managing receivables. In terms of solvency, Nippon Indosari Tbk recorded a lower debt-to-asset ratio than other companies. Meanwhile, in terms of profitability, CBP recorded the highest net profit margin, showing significant efficiency in managing operating costs.

Apricot cultivars approved for production in Chelyabinsk Province

Background. The life in an industrial region, with hard labor and harmful emissions from enterprises, is far from healthy, so high-quality and vitamin-rich diets are needed. Apricot fruits are considered among the most beneficial for human health, due to their high nutritional value, rich biochemical composition, and diverse vitamin content. They are consumed fresh or processed into juices, fruit drinks, jams, candies or dried fruits. One of the ways to meet the demand for fresh fruits is to introduce apricot cultivars adapted to local conditions.Materials and methods. The study was targeted at local and introduced apricot cultivars planted in 2008–2009. Conventional methods were applied to assess them for winter hardiness and yield in 2020–2023. The analysis of variance with Microsoft Excel was used for statistical processing of the results.Results and conclusion. The results of apricot breeding and variety studies under the conditions of Chelyabinsk Province are analyzed. In the framework of the apricot breeding program launched in the Southern Urals, the breeding sources and cultivars from the collection of the South Ural Research Institute of Horticulture and Potato Growing were tested to assess their winter hardiness and yield potential. As a result of breeding efforts, new adaptable apricot cultivars ‘Uralets’ and ‘Prizer’ were released and included in the State Register for Selection Achievements Admitted for Usage in 2022 and 2023, respectively. The economic indicators of these cultivars (profitability ratios are 220.2% for ‘Uralets’ and 233.9% for ‘Prizer’) witness to their suitability for both commercial and amateur cultivation in Chelyabinsk Province.

Analisis Laporan Keuangan Perbandingan Kinerja Keuangan Perusahaan Sektor Perdagangan di Indonesia (Studi pada PT. Alfamidi PT. Alfamart PT. Indofood PT. Hero Supermarket Periode 2019-2023)

This research aims to analyze the financial performance of trade sector companies in Indonesia, specifically PT. Alfamidi, PT. Alfamart, PT. Indofood, and PT. Hero Supermarket, in the period 2019-2023. This study uses a variety of financial ratios as a measuring instrument for assessing company performance, such as liquidity ratios (current ratios and quick ratios), activity ratios (receiving receivables, inventory, and fixed assets), and profitability ratios (profit margins, returns on assets, and return on equity). Through comparison of these ratios, this study aims to provide a comprehensive picture of the efficiency, profitability, and financial stability of each company. The results of the analysis show that PT. Hero Supermarket has a relatively superior performance in terms of return on equity (ROE) and return on assets (ROA), while PT. Indofood faces challenges in maintaining profitability and asset efficiency. PT. Alfamidi and PT. Alfamart showed stable performance even though he still had room for improvement in operational efficiency. This finding provides useful insights for stakeholders in making investment decisions as well as for these companies in formulating better financial management strategies in the future.

Comparative Analysis of Net NPA's to Net Profit Ratio of Public and Private Sector Banks in India”

This study examines the Net NPA to Net Profit ratio of India's public and private sector banks from 2020 to 2024. The study aims to compare the performance of public and private sector banks and identify the factors influencing their Net NPA's to Net Profit ratio. The results show significant differences in the net NPAs to net profit ratio between public and private sector banks. Private sector banks have a higher Net NPA to Net Profit ratio compared to public sector banks. The study also identifies economic factors such as GDP growth rate, inflation rate, and interest rate as significant influencers of the Net NPA's to Net Profit ratio. The findings of this study have implications for bank management, policymakers, and researchers. The study suggests that banks should focus on improving asset quality, enhancing risk management practices, and diversifying revenue streams to improve their Net NPA to Net Profit ratio. Keywords: Net NPA's to Net Profit ratio, public sector banks, private sector banks, India, banking performance.

"Analisis Trend Kinerja Keuangan pada PT Sri Rejeki Isman Tbk " Tahun 2013-2019

This study aims to determine and describe the financial performance of PT Sri Rejeki Isman Tbk from 2013 until 2019. The method used in this study was quantitative descriptive analysis using profitability ratio measurements which were then concluded by trend analysis. The data used in this study was secondary data with documentation studies obtained from the Indonesia Stock Exchange in the form of company financial statements from 2013 until 2019.The results of this study indicated that Net Profit Margin had a positive trend, so that the financial performance in the research year was in a good condition. Return on Assets had a negative trend, so that the financial performance in the year of the study was in an unfavorable condition. Return on Equity had a negative trend, so that the financial performance in the research year was not in a good condition

Pengaruh Ukuran Perusahaan, Profitabiltas dan Leverage terhadap Kebijakan Dividen pada Perusahaan Sektor Perbankan yang Terdaftar pada Bursa Efek Indonesia (BEI) Periode 2019-2022

The Effect of Firm Size, Profitability and Leverage on Dividend Policy in Banking Sector Companies Listed on the Indonesia Stock Exchange (IDX) for the 2019-2022 Period. The populations used in this study were all Banking Sector companies listed on the Indonesia Stock Exchange (IDX) in 2019-2022. In the meantime, the samples, which were 12 baking companies, were determined through purposive sampling. The data collection technique in this study used the documentation technique, namely searching for financial statement data published by the company from 2019 to 2022. Then, the analysis test used in testing this study was multiple linear regression analysis. The study findings revealed that the firm size ratio affected dividend policy partially, indicating that the increasing firm size would increase the dividends distributed. Subsequently, the profitability ratio did not possess a partial effect on dividend policy because the company prioritized the sources of funds obtained to finance the company's growth rather than distributing dividends. Lastly, the leverage ratio also did not possess a partial effect on dividend policy. Meanwhile, simultaneously, firm size, profitability, and leverage affected dividend policy with a determination coefficient of 19.4%, while the remaining 70.6% was affected by other variables not examined in this study.

Analysis of factors associated with premiums for reimbursed medical devices in Japan

Aims The aim of this study is to examine factors that relate to receipt of a reimbursement premium in Japan, which is defined as an increase in the initially calculated reimbursement price based on certain criteria, or an increase in the operating profit ratio. Materials and Methods Reimbursement submissions and decisions for newly reimbursed medical devices in Japan from fiscal year (FY) 2015 to FY 2023 were reviewed to consider their characteristics. Moreover, the relationship between reimbursement submission characteristics, as well as other characteristics such as regulatory submission category, risk class, location of the manufacturer headquarters, etc. and the receipt of a Novelty, Usefulness, or Improvement premium (hereafter “utility premium”), or an increase in the operating profit ratio, was examined using univariate and multivariate regression. Results Among 131 unique medical devices newly reimbursed in Japan from FY 2015 to FY 2023, 57 devices (44%) received a reimbursement premium. Among those, 30 devices (53%) were devices to treat cardiovascular conditions. Based on univariate regression, therapy area, reimbursement category and method used, duration since the comparator device was listed, and estimated peak annual patients for the new device are factors that affect the receipt of a utility premium or an increase in the operating profit ratio. However, based on multivariate regression, only the therapy area, risk-related regulatory submission class, regulatory submission type (novelty), and orphan device designation are associated with the receipt of a utility premium or an increase in the operating profit ratio. Conclusions Receipt of a utility premium can be challenging. Moreover, medical devices to treat cardiovascular conditions have benefited more from premiums. This may be due to those devices having more data on efficacy at the time of approval and listing. More opportunities for devices to obtain premiums following initial listing may be needed to adequately capture their value.

ANALISIS PERBANDINGAN KINERJA KEUANGAN PADA INDUSTRI KOSMETIK YANG TERDAFTAR DI BURSA EFEK INDONESIA DENGAN MENGGUNAKAN ANALISA RASIOANALISIS PERBANDINGAN KINERJA KEUANGAN PADA INDUSTRI KOSMETIK YANG TERDAFTAR DI BURSA EFEK INDONESIA DENGAN MENGGUNAKAN ANALISA RASIO

This study aims to analyse the financial performance of cosmetic industry companies listed on the Indonesia Stock Exchange (IDX) during the 2020-2022 period. The type of research used is descriptive qualitative with quantitative analysis. The data source in this study uses secondary data obtained from the Indonesia Stock Exchange (IDX) with financial data for 2020-2022. The data analysis technique uses a comparative approach to liquidity ratios, solvency ratios, profitability ratios, and activity ratios. Samples were taken based on certain criteria so that there were 7 companies that met the criteria for analysis, namely PT Kino Indonesia Tbk, PT Martino Berto Tbk, PT Mutiara Ratu Tbk, PT Mandom Indonesia Tbk, PT Uni-Charm Indonesia Tbk, PT Unilever Indoseia Tbk, PT Victoria Care Indonesia Tbk. The results showed that the results of the calculation of liquidity ratio analysis there are 3 companies that have a ratio value above the industry average. The results of the calculation of the solvency ratio analysis there are 2 companies that have ratios above the industry average. The results of the calculation of profitability ratio analysis there are 4 companies that have ratios above the industry average. The results of the calculation of the liquidity ratio analysis of all companies have a ratio value below the industry average.

The Influence of Sharia Compliance and Islamic Corporate Governance on The Performance of Sharia Bank Funds In Indonesia 2018-2022

This study aims to determine the influence of Sharia Compliance and Islamic Corporate Governance on the Financial Performance of Islamic Banks in Indonesia. The population of this study is 14 Sharia Commercial Banks in Indonesia, namely Bank Muamalat Indonesia, Bank Mandiri Syariah, Bank BRI Syariah, Bank BNI Syariah, Bank BCA Syariah, Bank Syariah Bukopin, Bank Mega Syariah, Bank Victoria Syariah, Bank Panin Dubai Syariah, Bank Maybank Syariah, Bank Jabar Banten Syariah, Bank Aceh Syariah, Bank BTPN Syariah, and Bank NTB Syariah. The sampling technique in this study is using purposive sampling. The number of samples taken in this study is 5 Sharia Commercial Banks, including Bank BCA Syariah, Bank Mega Syariah, Bank Bukopin Syariah, Bank Aceh Syariah, and Bank Jabar Banten Syariah. Data testing using multiple linear regression analysis. The results of the study show that Sharia Compliance which includes the Islamic Interbank Rate (ISIR) ratio, Profit Sharing Ratio (PSR), Islamic Interest Rate (IIR), and Zakat Profit Ratio (ZPR) has a significant influence on the performance of Sharia Commercial Banks. This study also shows that Islamic Corporate Governance does not have a significant influence on the Return On Asset (ROA) and Return On Equity (ROE) financial performance of Sharia Commercial Banks. In addition, Sharia Compliance has a joint or simultaneous influence on the financial performance of Islamic banks, which is measured through Return on Asset (ROA) and Return on Equity (ROE).

The Impact Of Profitability Ratios On The Timeliness Of Financial Reporting

Information delays will have a negative impact on the company, because the information in the financial statements contains good news and bad news that can influence investment decisions. The purpose of this study was to determine how the influence of the Profitability Ratio on the Timeliness of Financial Reporting in Companies Listed on the Indonesia Stock Exchange for the 2018-2022 Period. The method used in this research is quantitative using associative descriptive research. The sampling technique used in this study used purposive sampling technique. Samples in the study obtained through sample selection criteria obtained 9 manufacturing companies with a total of 45 samples. The data source obtained from this research is secondary using financial reports from 9 companies according to the sampling criteria from 2018 to 2022. Logistic Regression Analysis was used in this study. The results showed that ROA, ROE had no partial or simultaneous effect on the timeliness of reporting financial statements in manufacturing companies listed on the IDX for the period 2018 to 2022.

Analisis Kinerja Keuangan Berdasarkan Net Profit Margin (NPM), Return On Equity (ROE), Return On Asset (ROA), Gross Profit Margin (GPM) dan Harga Saham Pada PT. MEGA Perintis Tbk

Financial performance is an important thing that needs to be known by internal and external parties. Because for internal parties it is used as a decision making tool tomanage the company's finances well, while for external parties it is used as a decisionmaking tool to carry out investment activities. For this reason, the author is interested inresearch with the title "Financial Performance Analysis Based on Net Profit Margin,Return on Equity, Return on Assets, Gross Profit Margin and Share Prices at PT. MegaPerintis Tbk”. This research is aims to determine the financial performance of PT. MegaPerintis Tbk, period 2018 to 2023 based on profitability ratios and share prices.Quantitative research method as a research technique that collects data through the useof research instruments and analyzes quantitative and statistical data to examine how PT.Mega Perintis Tbk's financial performance is influenced by profitability ratios and shareprices between 2018 and 2023. The data analysis tool used in this research is financialratio analysis in the form of profitability ratios and stock prices. The research resultsshow that the profitability ratio of the Mega Perintis Tbk company from 2018 to 2023 isin a poor condition because the values of Net Profit Margin, Return On Equity, ReturnOn Assets are below the industry average standard. However, the Mega Perintis Tbkcompany's Gross Profit Margin is in "good" condition because the Gross Profit Marginvalue is above the industry average standard.