Analysis of The Dupont System To Assess The Financial Performance of The Company
Case Study of PT. ANTAM Tbk (Persero) Listed on the IDX (Indonesia Stock Exchange) in Period 2021-2023
Keywords:
Financial Performance, Net Profit Margin (NPM), Total Assets Turnover (TATO), Return On Investment (ROI), Equity Multiplier (EM), and Return on Equity (ROE).Abstract
This study aims to analyse the financial performance of PT. ANTAM (Persero) Tbk which is listed on the Indonesia Stock Exchange (IDX) using the DuPont System approach. This method is used to identify factors that affect Return on Equity (ROE), including Net Profit Margin (NPM), Total Asset Turnover (TATO), and Return on Investment (ROI). The data used is the company's annual financial statements for the period 2021–2023. The results of the analysis show that the company's financial performance has undergone significant changes, mainly influenced by the efficiency of asset use and the ability to generate profits.
References
Anggraini, D. S., & Arifin, S. (2023). Analisis Du Pont System dengan Time Series Analysis untuk Mengukur Kinerja Keuangan PT Widmarine Jaya Lines Tahun 2019-2022. Mufakat: Jurnal Ekonomi, Manajemen dan Akuntansi, 2(5), 455-463.
Habeahan, F., Tarigan, A. S. P., & Aryza, S. (2022). AN ANALYSIS OF HOUSE CONNECTION NETWORK CONTROL SHOP ON ENERGY LOSS USING PT PLN (PERSERO) ULP STABAT FORMULA JOGJA. INFOKUM, 10(03), 263-269.
Halawa, E. N., Milanie, F., Sembiring, D. P. B., Situmorang, C. Y., Aldito, A. A., & Zebua, W. (2024). ANALYSIS OF THE GREEN LANE IN GAJAH MADA PARK IN MEDAN CITY AS A PUBLIC OPEN SPACE AND DEVELOPMENT EFFORTS A SUSTAINABLE FUTURE. Bulletin of Engineering Science, Technology and Industry, 2(2), 96-105.
Hardiyanti, H., Kuncara, T., & Sussanto, H. (2022). Analysis Of Company Financial Performance Using Du Pont System Method At Pt. Aneka Tambang (Persero) During The Pandemic And Before The Covid-19 Pandemic. International Journal Management and Economic, 1(2), 32-38.
Jonathan, E., Selomitha, N. S. E., Putri, T. L., Andini, S., & Pratiwi, S. E. (2024). Analisis Du Pont pada Laporan Keuangan PT. Nippon Indosari Corpindo Tbk Tahun 2022-2023. Jurnal Locus Penelitian dan Pengabdian, 3(6), 496-501.
Movizar, R., & Hawadah, N. (2023). ANALISIS DU PONT SYSTEM UNTUK MENILAI KINERJA KEUANGAN PADA PT INDOFOOD SUKSES MAKMUR TBK PERIODE 2014-2016. Jurnal Akuntansi dan Manajemen Bisnis, 3(1), 163-173.
Muhlishoh, K. (2022). Penilaian Kinerja Keuangan Dengan Menggunaka Analisis Du Pont System (Studi Kasus PT. Pertamina (Persero) Tahun 2016-2020). JOEL: Journal of Educational and Language Research, 1(9), 1347-1358.
Sanny, A., & Yanti, E. D. (2019). Du Pont Analysis Integrative Approach to Ratio Analysis at PT. Federal International Finance. International Journal of Research & Review, 6(11).
Siregar, A., Marlina, L., Iqbal, M., & Siahaan, A. P. U. (2024). COMPARATIVE ANALYSIS OF NAIVE BAYES ALGORITHM AND C4. 5 ALGORITHM IN SELECTING TYPES OF UMKM PRODUCTS IN BBPSDMP KOMINFO MEDAN TRAINING. Bulletin of Engineering Science, Technology and Industry, 2(3), 239-249.
Susanto, A., Putra, D. S., Suprihatin, E., Indrawan, I., & Sunardi, N. (2023). Analisis Du Pont System Untuk Menilai Kinerja Keuangan Perusahaan:(Studi Kasus Perusahaan Makanan Dan Minuman Yang Terdaftar Di Bei Periode 2018-2022). Neraca: Jurnal Ekonomi, Manajemen Dan Akuntansi, 1(3), 217-226.
Anggraini, D. S., & Arifin, S. (2023). Analisis Du Pont System dengan Time Series Analysis untuk Mengukur Kinerja Keuangan PT Widmarine Jaya Lines Tahun 2019-2022. Mufakat: Jurnal Ekonomi, Manajemen dan Akuntansi, 2(5), 455-463.
Habeahan, F., Tarigan, A. S. P., & Aryza, S. (2022). AN ANALYSIS OF HOUSE CONNECTION NETWORK CONTROL SHOP ON ENERGY LOSS USING PT PLN (PERSERO) ULP STABAT FORMULA JOGJA. INFOKUM, 10(03), 263-269.
Halawa, E. N., Milanie, F., Sembiring, D. P. B., Situmorang, C. Y., Aldito, A. A., & Zebua, W. (2024). ANALYSIS OF THE GREEN LANE IN GAJAH MADA PARK IN MEDAN CITY AS A PUBLIC OPEN SPACE AND DEVELOPMENT EFFORTS A SUSTAINABLE FUTURE. Bulletin of Engineering Science, Technology and Industry, 2(2), 96-105.
Hardiyanti, H., Kuncara, T., & Sussanto, H. (2022). Analysis Of Company Financial Performance Using Du Pont System Method At Pt. Aneka Tambang (Persero) During The Pandemic And Before The Covid-19 Pandemic. International Journal Management and Economic, 1(2), 32-38.
Jonathan, E., Selomitha, N. S. E., Putri, T. L., Andini, S., & Pratiwi, S. E. (2024). Analisis Du Pont pada Laporan Keuangan PT. Nippon Indosari Corpindo Tbk Tahun 2022-2023. Jurnal Locus Penelitian dan Pengabdian, 3(6), 496-501.
Movizar, R., & Hawadah, N. (2023). ANALISIS DU PONT SYSTEM UNTUK MENILAI KINERJA KEUANGAN PADA PT INDOFOOD SUKSES MAKMUR TBK PERIODE 2014-2016. Jurnal Akuntansi dan Manajemen Bisnis, 3(1), 163-173.
Muhlishoh, K. (2022). Penilaian Kinerja Keuangan Dengan Menggunaka Analisis Du Pont System (Studi Kasus PT. Pertamina (Persero) Tahun 2016-2020). JOEL: Journal of Educational and Language Research, 1(9), 1347-1358.
Sanny, A., & Yanti, E. D. (2019). Du Pont Analysis Integrative Approach to Ratio Analysis at PT. Federal International Finance. International Journal of Research & Review, 6(11).
Siregar, A., Marlina, L., Iqbal, M., & Siahaan, A. P. U. (2024). COMPARATIVE ANALYSIS OF NAIVE BAYES ALGORITHM AND C4. 5 ALGORITHM IN SELECTING TYPES OF UMKM PRODUCTS IN BBPSDMP KOMINFO MEDAN TRAINING. Bulletin of Engineering Science, Technology and Industry, 2(3), 239-249.
Susanto, A., Putra, D. S., Suprihatin, E., Indrawan, I., & Sunardi, N. (2023). Analisis Du Pont System Untuk Menilai Kinerja Keuangan Perusahaan:(Studi Kasus Perusahaan Makanan Dan Minuman Yang Terdaftar Di Bei Periode 2018-2022). Neraca: Jurnal Ekonomi, Manajemen Dan Akuntansi, 1(3), 217-226.
Susanty, Z., & Sunardi, N. (2023). Du Pont System Analysis In Assessing Company Financial Performance (Study on the LQ 45 Index Listed on the IDX Year 2018-2022). Indonesian Development of Economics and Administration Journal, 2(2), 134-165.
Tobing, V. C. L., & Simatupang, E. M. (2024). ANALISIS DUPONT SYSTEM DALAM MENGUKUR KINERJA KEUANGAN PERUSAHAAN PADA PT KERETA API INDONESIA (PERSERO). Aktiva: Jurnal Akuntansi dan Investasi, 9(2), 99-112.
Wahidullah, W., & Istiqomah, I. (2023). Is The Dupont System Method Can Analyze Financial Reports?. Jurnal Ekonomi Dan Perbankan Syariah, 11(2), 133-145.
