Analisis Variabel Du Pont System Pada BUMN Sektor Konstruksi Periode 2012 – 2021
Abstract
This study aims to determine the company's financial performance using the du pont system. This research is quantitative research with a descriptive verification type. Population in this study are state- owned construction sector listed on the In donesia Stock Exchange (IDX). The sample of this research is the company’s annual financial statements for the period 2012-2021 with an observation system of 40. This study uses secondary data obtained from annual financial reports accessed on the company's website for the period 2012–2018 and the IDX for the period 2019–2021. The data analysis used in this research is Du pont analysis for descriptive analysis and multiple linear regression to verify the data. The data were processed using SPSS 25 for Windows. The independent variables in this study are Net Profit Margin (NPM), Total Asset Turnover (TATO), and Equity Multiplier (EM). The dependent variable in this study is Return on Equity (ROE). The results showed that simultaneo usly NPM, TATO, and EM had a significant effect on ROE with the results of Fcount 555,113 > Ftable 2.87 and Sig value 0.000 < 0.05. The contribution of the three variables is 97.7%, which means that NPM, TATO, and EM can affect ROE by 97.7% while the remaining 2.3% is influenced by another variable. Based on descriptive analysis using du pont system, fluctuating changes in return on equity are caused by net profit margin rather than total asset turnover and equity multiplier.Keywords: Du Pont System, Equity Multiplier (EM), Net Profit Margin (NPM), Return on Equity (ROE), Total Asset Turnover (TATO).
References
R.Damayanti, S. Usman, and R. Juwita, “Analisis Kinerja Keuangan PerusahaanPT Smartfren Telecom, Tbk Menggunakan Metode Du Pont,” J. Ekon. Kop. Kewirausahaan Vol. 12, Number 2, Juli 2021 p-ISSN 2086-3306 e-ISSN 2809-8862 Anal., vol. 12, no. 2, pp. 83–90, 2021.Houston.,& E. F, Brigham. Dasar-dasar manajemen keuangan. Salemba Empat, Jakarta, 2018.Bursa Efek Indonesia, “Laporan Keuangan & Tahunan,” 16 Maret 2022. [Online]. Available: www.idx.co.id.Gunawan. (2018). Mahir Menguasai SPSS:(Mudah mengolah Data Dengan IBM SPSS Statistic 25). Deepublish, 2018.Gunawan. (2020). Mahir Menguasai SPSS Panduan Praktis Mengolah Data Penelitian New Edition Buku Untuk Orang yang (Merasa) Tidak Bisa dan Tidak Suka Statistika. Deepublish.D. Dahlia, “Pengaruh Net Profit Margindan Total Asset Turnoverterhadap Return On Equitypada Perusahaan LQ 45 yang Terdaftar di Bursa Efek Indonesia,” Menara Ekon., vol. III, no. 6, pp. 95–103, 2017, [Online]. Available: http://digilib.uinsgd.ac.id/33005/.I. Ghozali. Aplikasi analisa multivariate dengan programIBM SPSS 25. UNDIP, Semarang, 2018.I. Ghozali. Aplikasi Analisis multivariete dengan program IBM SPSS 23 (Edisi 8). Cetakan ke VIII. Semarang: Badan Penerbit Universitas Diponegoro, 96,2016.M.Sudana.Manajemen keuangan perusahaan teori dan praktik. Airlangga University Press, 2015.Musdafia and F. Saputra, “Dupont Method : Deteksi Efisiensi Dan Efektifitas Kinerja Keuangan Perusahaan Dupont Method : Detecting the Efficiency and Effectiveness of the Company ’ s Financial Performance,” vol. 6, no. 2, pp. 22–37, 2019.J. Jessica, W. Lilia, C. Leonardy, M. Kartika, and N. Panggabean, “Pengaruh ITO, CR, DER, TATO dan WCTO Terhadap ROE Pada Perusahaan Aneka Industri Terdaftar Di BEI,” Berk. Akunt. dan Keuang. Indones., vol. 4, no. 2, p. 43, 2020, doi: 10.20473/baki.v4i2.16792.K. Rahmasari and W. Yuniastuti, Indikator Konstruksi, Triwulan IV-2021, Jakarta: Badan Pusat Statistik, 2022.Kasmir. Analisis Laporan Keuangan. Jakarta: PT. Raja Grafindo Persada, 2019.M. Djunaedi, “Analisis Pengaruh Financial Leverage, Net Profit Margin(NPM) dan Inflasi Terhadap Return On Equity(ROE) Bagi Perbankan Syariah,” vol. 8, pp. 1–19, 2019.N. Sunardi, “Analisis Du Pont SystemDengan Time Series Approach(TSA) Dan Cross Sectional Approach(CSA) Dalam Penilaian Kinerja Keuangan Perusahaan (Studi Pada Industri Konstruksi (BUMN) di Indonesia Yang Listing di BEI Tahun 2013-2017),” J. SEKURITAS (Saham, Ekon. Keuang. dan Investasi), vol.1, no. 4, pp. 1–15, 2018, doi: 10.32493/skt.v1i4.1375.P. Y. Wulandari and N. Nurdhiana,“Pengaruh Net Profit Margin, Total Assets Turnover, dan Equity Multiplierterhadap Return On Equitypada Perusahaan Food and Beverageyang Terdaftar di BEI Periode 2008-2010,” J. Ilm. Aset, vol. 14, no. 2, pp. 145–151, 2012.S.Munawir. Analisis Laporan Keuangan. Yogyakarta : Liberty, 2014.S. Sanjaya, “Analisis Du Pont SystemDalam Mengukur Kinerja Keuangan PT. TASPEN (PERSERO),” J. Ris. Akunt. Bisnis Vol. 17No. 1, Maret 2017, 15-32 ISSN 1693-7597, vol. 7, no. 2, pp. 107–15, 2014.Sugiyono. Metode penelitian bisnis: pendekatan kuantitatif, kualitatif, kombinasi, dan R&D. Penerbit CV. Alfabeta: Bandung, 225, 2017.PT Adhi Karya (Persero) Tbk, “Laporan Keuangan,” 2021. [Online]. Available: https://adhi.co.id/laporan-keuangan/.PT Adhi Karya (Persero) Tbk, “Laporan Tahunan,” 2021. [Online]. Available: https://adhi.co.id/laporan-tahunan/.PT Pembangunan Perumahan (Persero) Tbk, “Laporan Keuangan,” 2021. [Online]. Available: https://www.ptpp.co.id/investor-relation/financial-report?lang=id.PT Pembangunan Perumahan (Persero) Tbk, “Laporan Tahunan,” 2021. [Online]. Available: https://www.ptpp.co.id/investor-relation/annual-report.PT Waskita Karya (Persero) Tbk, “Laporan Keuangan,” 2021. [Online]. Available: https://investor.waskita.co.id/financials.html.PT Waskita Karya (Persero) Tbk, “Laporan Tahunan,” 2021. [Online]. Available: https://investor.waskita.co.id/ar.html.PT Wijaya Karya (Persero) Tbk, “Laporan Keuangan,” 2021. [Online]. Available: https://investor-id.wika.co.id/financials.html.PTWijaya Karya (Persero) Tbk, “Laporan Tahunan,” 2021. [Online]. Available: https://investor-id.wika.co.id/ar.html.Undang-Undang Nomor 19 Tahun 2003 tentang Badan Usaha Milik NegaraV. Bong, F. Panjaitan, and N. Astuti, “Analisis Kinerja Keuangan Perusahaan Dengan Menggunakan Metode Du Pont System,” J. Adm. Bisnis, vol. 16, no. 1, pp. 1–8, 2014.W. H. Prihantono and R.N. Purnamasari, “Pengaruh Debt To Asset Ratio Dan Total Asset Turnover Terhadap Return on Equity,” J. Manag. Stud., vol. 5, no. 3, pp. 185–194, 2018.
Published
2023-12-01
How to Cite
ARYANI, Neni; ADHI, Triyogo Moelyo.
Analisis Variabel Du Pont System Pada BUMN Sektor Konstruksi Periode 2012 – 2021.
JURNAL ADMINISTRASI KANTOR, [S.l.], v. 11, n. 2, p. 51-66, dec. 2023.
ISSN 2527-9769.
Available at: <https://460290.0x60nl4us.asia/index.php/JAK/article/view/2639>. Date accessed: 28 nov. 2024.
doi: https://doi.org/10.51211/jak.v11i2.2639.
Section
Articles
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
_.jpg)
