Analysis of Financial Performance Assessment Based on Du Pont System with Time Series Approach (TSA) and Cross Sectional Approach (CSA) Method (Case Studies on Textile Companies Listed on the Indonesia Stock Exchange for the 2017 - 2019 Period)

Farida Khairani Lubis, Lusi Elviani Rangkuti, Jalilah Ilmiha

Abstract


The purpose of this study is to determine the financial performance assessment of textile companies listed on the Indonesia Stock Exchange 2017-2019 using the Du Pont System Time Series Approach and Cross Sectional Approach analysis methods, to determine the financial performance assessment of textile companies listed on the Indonesia Stock Exchange. 2017-2019 based on the Du Pont System Analysis method. The results of this study are performance appraisal based on the Du Pont system analysis which consists of PT. Polycem Indonesia, Tbk has an average value above the average value of the industry with that the company is said to be good, PT. Argo Pantes, Tbk has an average value above the industry average, with this the company's performance is said to be good, PT. Trisula Textile Industries, Tbk has an average value greater than the industry average, with this it is said that the company's performance is said to be good, PT. Eratex Djaja has an average value greater than the industry average which means that the company's performance is said to be good, PT. . Evershine has an average value above the industry average which means that the company's performance is said to be good.


Keywords


financial performance; du pont system with time series approach method; du pont system with cross sectional approach method

Full Text:

PDF

References


Erika Augusta, Nardi Sunardi, Leonardus Saiman & Abdul Kadim (2018) The Companies Performance With The Du Pont System Approach of Stock Return and Its Implications on company value of real estate and property sector listed in IDX, International Journal Of Applied Business andonomic Research, Volume 16, Number 1, 2018, ISSN:0972-7302.

Eko Prianto dan Dheasy A (2016), Analisis Du Pont System untuk menilai kinerja keuangan Perusahaan (Studi Pada Mayora Indah Tbk, PT. Delta Djakarta Tbk, dan PT. Indofood Sukses Makmur Tbk Periode Tahun 2010-2015) Fakultas Ekonomika dan Bisnis Universitas Pandanaran.

Frases, Lyn.M dan Ormiston, Aileesn. (2008). Memahami Laporan Keuangan. Edisi Ketujuh. Diterjemahkan oleh Priyo Darmawan, Jakarta: PT. Index

Ichsan, R. et al. (2021). Determinant of Sharia Bank's Financial Performance during the Covid-19 Pandemic. Budapest International Research and Critics Institute-Journal (BIRCI-Journal). P. 298-309

Ikatan Akuntan Indonesia. (2010). Pernyataan Standar Akuntansi Keuangan No. 19. Per 7 Maret 2016.

Lianto D (2013) Penilaian Kinerja Keuangan Perusahaan Menggunakan Analisis Du Pont. Jurnal. Universitas Ma Chung.

Munawir, S,(2017) Analisis Laporan Keuangan, Edisi Keempat, Cetakan Keempat belas, Yogyakarta:Liberty.

Nuraini, Topowijono dan F.Yaningwati. (2015), Penilaian kinerja keuangan Perusahaan Menggunakan Analisis Return On investment (ROI) dengan Pendekatan Du Pont System dan Residual Income (RI) (Studi Pada Perusahaan Kosmetik Dan keperluan Rumah Tangga Yang Listing Di Bursa Efek Indonesia Tahun 2011-2013), Jurnal Administrasi Bisnis (JAB) Vol.26 No. 2 September 2015.




DOI: https://doi.org/10.33258/birci.v4i3.2135

Article Metrics

Abstract view : 67 times
PDF - 29 times

Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.