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The Effect of Profitability, Liquidity, Solvency and Activities on The Value of Manufacturing Companies in The Food and Beverage Sub-Sector Listed on The IDX 2018-2022 Hasanuddin, Rismayanti; Musa, Muh. Ichwan; Amin, Andi Mustika; Sahabuddin, Romansyah
Economics and Business Journal (ECBIS) Vol. 1 No. 5 (2023): July
Publisher : PT. Maju Malaqbi Makkarana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47353/ecbis.v1i5.85

Abstract

This research was conducted with the aim of knowing, analyzing, and testing the effect of profitability, liquidity, solvency, and activity on the value of manufacturing companies in the food and beverage sub-sector listed on the Indonesia Stock Exchange for the 2018-2022 period. Profitability is measured by Return on Equity, liquidity is measured by the Current Ratio, solvency is measured by the Debt to Equity Ratio, and activity is measured by Total Asset Turnover. This study uses a type of quantitative research with a comparative causal approach. The population used in this study were 30 food and beverage sub-sector companies listed on the Indonesia Stock Exchange for the 2018-2022 period. The research sample was taken using a purposive sampling technique. so that a sample of 11 food and beverage sub-sector companies were obtained which were listed on the Indonesia Stock Exchange for the 2018-2022 period. The analytical method used is multiple linear regression analysis using the SPSS version 21 program. The results of this study state that profitability has a positive and significant effect on firm value. Solvability has a positive and insignificant effect on firm value. liquidity and activity have a negative and insignificant effect on firm value.
Health Analysis of Bank Syariah Indonesia (BSI): Comparation Before and After The Merger Amin, Andi Mustika; Nurman; Hasbiah, Siti; Aslam, Annisa Paramaswary; Anugrah, Fira
Economics and Business Journal (ECBIS) Vol. 1 No. 6 (2023): September
Publisher : PT. Maju Malaqbi Makkarana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47353/ecbis.v1i6.97

Abstract

This study aims to determine differences in the soundness level of government owned Islamic banks before and after the merger using the Risk Profile, Good Corporate Governance, Earnings, and Capital methods. This study uses quantitative anda comparative methods with secondary data types in the form of quarterly financial reports obtained from the bank’s official website and www.ojk.co.id. The samples in this research are balance sheets and reports profit and loss of Bank Syariah Mandiri, BNI Syariah, BRI Syariah, and Bank Syariah Indonesia in the 2018-2022 period. Based on the results of research with bro using the RGEC method which consists of Risk Profle with a Non ratio Performing Financing (NPF), and Financing to Deposit Ratio (FDR), Good Corporate Governance with Net Open Position (PDN) ratio, Earnings with gan Return On Asset (ROA) and Capital ratio with the Capital Adequacy Ratio (CAR). The results of the NPF, PDN, ROA, and CAR ratio analysis provide result that there is a significant difference in this ratio before and after the merger. Meanwhile, the FDR ratio shows that there is no difference in the results significant before anda after the merger. Based on research has been carried out, it can be concluded tha Bank Syariah Indonesia is improving after the merger.
Analisis Kinerja Keuangan Perusahaan pada Sektor Transportasi dan Logistik yang Terdaftar di Bei Periode 2019-2023 Firah Nur Rizky Said; Muhammad Ichwan Musa; Anwar Anwar; Andi Mustika Amin; Annisa Paramaswary Aslam
Trending: Jurnal Manajemen dan Ekonomi Vol. 3 No. 2 (2025): Trending: Jurnal Manajemen dan Ekonomi
Publisher : Universitas 45 Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30640/trending.v3i2.3916

Abstract

This study aims to analyze the financial performance of companies in the transportation and logistics sector listed on the Indonesia Stock Exchange (IDX) during the 2019-2023 period using the DuPont Analysis method. This approach involves the use of financial ratios such as Net Profit Margin (NPM), Total Asset Turnover (TATO), Return on Assets (ROA), Return on Equity (ROE), and Price to Earnings Ratio (PER) to evaluate profitability, asset utilization efficiency, and company equity performance. The data used was obtained from the companies' annual financial reports, the IDX website, as well as supporting data from the Central Statistics Agency (BPS) and other relevant sources. The research results show that the average NPM, ROA, and ROE of companies in the transportation and logistics sector are above industry standards, reflecting strong profitability performance. However, the TATO is below industry standards, indicating the need for improvements in asset utilization efficiency. Additionally, the high average PER reflects positive market expectations regarding the sector's growth in the future.
Pengaruh Pertumbuhan Aset dan Struktur Modal terhadap Profitabilitas Perusahaan: Studi pada Perusahaan Sektor Food and Beverage yang Terdaftar di Bursa Efek Indonesia Periode 2018-2022 Arshi Naisya Wahyuni; Anwar Anwar; Andi Mustika Amin; Nurman Nurman; Annisa Paramaswary Aslam
Jurnal Manajemen Kewirausahaan dan Teknologi Vol. 2 No. 2 (2025): Juni : Jurnal Manajemen Kewirausahaan dan Teknologi
Publisher : Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/jumaket.v2i2.568

Abstract

This study aims to determine the effect of asset growth and capital structure on profitability in Food and Beverage sub-sector manufacturing companies listed on the Indonesia Stock Exchange for the 2018-2022 period. The data collection method used is secondary data from financial reports of Food and Beverage sub-sector companies listed on the Indonesia Stock Exchange. The population in this study was 43 companies and 16 samples were obtained using purposive sampling. The results of this study partially 1. Asset growth has a positive and insignificant effect on profitability. This is supported by the company PT Tri Banyan Tbk which experienced a decline in asset growth for 5 consecutive years. 2. Capital structure has a negative and significant effect on profitability. This shows that if the capital structure of a Food and Beverage company increases, profitability will decrease and vice versa. 3. Simultaneously, Asset growth and capital structure have a significant effect on profitability. This shows that if asset growth and capital structure increase or decrease, it will affect profitability in Food and Beverage companies.
Analisis Rasio Keuangan Dalam Menilai Kinerja Keuangan Pada Industri Kosmetik yang Terdaftar di BEI Abdullah, Nur Hudaya; Agung Widhi Kurniawan; Nurman; Romansyah Sahabuddin; Andi Mustika Amin
SINOMIKA Journal: Publikasi Ilmiah Bidang Ekonomi dan Akuntansi Vol. 2 No. 1 (2023)
Publisher : CV. Lafadz Jaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/sinomika.v2i1.884

Abstract

The study aims to determine the financial performance of the cosmetic industry listed in IDX using the analysis of liquidity ratio and profitability ratio. This study uses a quantitative approach. The data source used in this study is secondary data and the data collection technique in this study is documentation. The population of this study is the cosmetic industry listed in IDX and sampling method using purposive sampling techniques, so the samples on this research are PT Kino Indonesia Tbk and PT Unilever Indonesia Tbk with the period from 2019 to 2021. The results of this study show that the analysis of liquidity ratio measured by current ratio and quick ratio at PT Kino Indonesia Tbk period from 2019 to 2021 is superior, it is show that the company is able to meet its current obligations. And analysis of profitability ratios measured by net profit margin and return on assets at PT Unilever Indonesia Tbk period from 2019 to 2021 has a superior value, it is show that the company is able to generate high net profit.
Penguatan Branding Produk Dangke sebagai Produk Unggulan Kabupaten Enrekang Rahmat Riwayat Abadi; Andi Mustika Amin; Syahir Fadli; Ridfan Rifadly Abadi; Kartika Septiary Musa
Kolaborasi : Jurnal Hasil Kegiatan Kolaborasi Pengabdian Masyarakat Vol. 3 No. 2 (2025): Juni : Kolaborasi : Jurnal Hasil Kegiatan Kolaborasi Pengabdian
Publisher : Asosiasi Riset Ilmu Matematika dan Sains Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62383/kolaborasi.v3i2.550

Abstract

Dangke is a local food product with high nutritional value that has become an inseparable part of the culture and economy of the community. It is made from traditional cheese typical of Enrekang Regency. Despite having great potential as a superior regional product, Dangke micro, small, and medium enterprises (MSMEs) face various obstacles, especially regarding short product durability (expiration date), simple packaging, lack of product innovation, and less than optimal marketing reach. Therefore, strengthening branding and optimizing marketing is crucial to increasing the competitiveness and desirability of Dangke MSMEs. This community service aims to analyze existing conditions, formulate, and implement strategies to strengthen Dangke product branding. The implementation methods include initial surveys, SWOT analysis training, comprehensive training and education on branding (brand identity, visual design), as well as implementation assistance and evaluation of travel impacts. Participatory and community-based approaches are at the heart of this activity. The results of the community service are expected to increase Dangke brand awareness, encourage innovation of derivative products (for example, dangke crackers with innovative flavors and packaging), expand distribution channels (including digital marketing), and ultimately increase sales and income of Dangke MSMEs. This program also has the potential to strengthen the local economy, preserve cultural heritage, and become a model for developing traditional food products in other areas.
ANALISIS KINERJA KEUANGAN PADA PT BANK TABUNGAN NEGARA (PERSERO) TBK PERIODE 2016-2020 Woeichandra, Rachmat; Amin, Andi Mustika; Syahrul, Khaidir
Jurnal Manajemen Vol 2, No 2 (2022): Agustus
Publisher : Universitas Negeri Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (231.772 KB) | DOI: 10.26858/jm.v2i2.42297

Abstract

Abstrak: Penelitian ini bertujuan untuk mengetahui kinerja keuangan pada PT. Bank Tabungan Negara (Persero) Tbk Periode 2016-2020 dengan menggunakan rasio likuiditas, solvabilitas, dan profitabilitas. Populasi dalam penelitian ini adalah keseluruhan laporan keuangan tahunan (annual report) dengan sampel berupa laporan neraca dan laporan laba rugi PT. Bank Tabungan Negara (Persero) Tbk, selama lima tahun terakhir (2016-2020). Teknik pengumpulan data yang dilakukan dengan teknik dokumentasi. Hasil penelitian ini menunjukkan pada tahun 2016-2020 kinerja keuangan PT. Bank Tabungan Negara (Persero) Tbk dengan perhitungan rasio likuiditas (Quick Ratio) dikategorikan kurang sehat, (Loan to Assets Ratio) dikategorikan sehat, (Loan to Deposit Ratio, dan Cash Ratio) dikategorikan dalam keadaan cukup sehat. Perhitungan rasio solvabilitas (Debt to Assets Ratio dan Debt to Equity Ratio) dikategorikan tidak sehat. Perhitungan rasio profitabilitas (Net Profit Margin, Return on Assets, dan Return on Equity) dikategorikan cukup sehat dan untuk BOPO PT. Bank Tabungan Negara (Persero) Tbk dikategorikan sangat sehat.Kata Kunci : Kinerja Keuangan, Rasio Likuiditas, Rasio Solvabilitas, Rasio ProfitabilitasAbstract: This study aims to determine the financial performance of PT. State Savings Bank (Persero) Tbk Period 2016-2020 by using the ratio of liquidity, solvency, and profitability. The population in this study is the entire annual financial report (annual report) with samples in the form of a balance sheet and income statement PT. State Savings Bank (Persero) Tbk, for the last five years (2016-2020). The data collection technique was carried out with documentation techniques. The results of this study indicate that in 2016-2020 the financial performance of PT. The State Savings Bank (Persero) Tbk with the calculation of the liquidity ratio (Quick Ratio) is categorized as unhealthy, (Loan to Assets Ratio) is categorized as healthy, (Loan to Deposit Ratio, and Cash Ratio) is categorized in quite healthy condition. The calculation of the solvency ratio (Debt to Assets Ratio and Debt to Equity Ratio) is categorized as unhealthy. The calculation of profitability ratios (Net Profit Margin, Return on Assets, and Return on Equity) is categorized as quite healthy and for BOPO PT. The State Savings Bank (Persero) Tbk is categorized as very healthy.Keywords: Financial Performance, Liquidity Ratio, Solvency Ratio, Profitability Ratio
Penguatan Kapasitas SDM Pemuda Desa Rumbia Dalam E-Commerce dan Manajemen Pemasaran Produk Lokal Burhanuddin; Kurniawan, Agung Widhi; Dipoatmodjo, Tenri Sayu Puspitaningsih; Riu, Isma Azis; Amin, Andi Mustika
Ininnawa : Jurnal Pengabdian Masyarakat Vol. 3 No. 1 (2025): Vol. 3 No. 1 (2025): Volume 03 Nomor 01 (April 2025)
Publisher : Program Studi Manajemen FEB UNM

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26858/ininnawa.v3i1.8301

Abstract

Kegiatan pengabdian masyarakat ini bertujuan untuk meningkatkan kapasitas pemuda Desa Rumbia, Kabupaten Jeneponto dalam memanfaatkan e-commerce dan manajemen pemasaran digital untuk produk UMKM lokal. Melalui metode pelatihan partisipatif yang menggabungkan ceramah interaktif, praktik langsung, dan pendampingan intensif, program ini berhasil meningkatkan signifikan pemahaman dan keterampilan peserta. Hasil evaluasi menunjukkan peningkatan nilai rata-rata post-test sebesar 78% dari baseline 42%, dengan 85% peserta berhasil membuat akun e-commerce dan mempublikasikan produk UMKM. Program ini juga memicu terbentuknya tiga kelompok usaha kolaboratif yang mengembangkan strategi pemasaran untuk produk unggulan desa. Tantangan utama yang teridentifikasi meliputi keterbatasan infrastruktur digital dan kebutuhan akan pendampingan berkelanjutan. Rekomendasi untuk pengembangan program meliputi: (1) ekstensi periode pendampingan, (2) kolaborasi dengan platform e-commerce, dan (3) penguatan kelembagaan melalui pembentukan digital hub desa. Kegiatan ini membuktikan bahwa pendekatan pelatihan berbasis praktik efektif dalam memberdayakan pemuda desa untuk beradaptasi dengan ekonomi digital.
Pengaruh Motivasi Kerja dan Kompensasi Terhadap Disiplin Kerja Karyawan pada Toko Sumber Elektronik Burau I Komang Mirawardani; Andi Mustika Amin; Rezky Amalia Hamka; Agung Widhi Kurniawan; Muhammad Ilham Wardhana Haerudin
Jurnal Penelitian Ilmu Ekonomi dan Keuangan Syariah Vol. 3 No. 2 (2025): Mei : Jurnal Penelitian Ilmu Ekonomi dan Keuangan Syariah
Publisher : STAI YPIQ BAUBAU, SULAWESI TENGGARA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59059/jupiekes.v3i2.2332

Abstract

This study aims to determine the effect of work motivation and compensation on employee work discipline. This research is quantitative research with a descriptive approach and multiple linear regression analysis. Data collection techniques with observation, interviews, questionnaires, and documentation. The population in this study were 44 people, who also became the sample in this study with the sampling technique using saturated sampling. The data analysis technique used is multiple linear regression analysis using SPSS 26 software, to test the effect of work motivation and compensation variables on work discipline. The results of this study indicate that work motivation and compensation have a positive and significant effect on employee work discipline, partially and simultaneously. This study shows that the better the work motivation and compensation, the more employee discipline increases at the Burau Electronic Source Store.
Anchoring ESG in Local Waters: Meaning-Making of Sustainable Investment Among Makassar’s Elite Amin, Andi Mustika
Journal Management & Economics Review (JUMPER) Vol. 2 No. 8 (2025): April
Publisher : Malaqbi Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59971/jumper.v2i8.98

Abstract

This study employs critical discourse analysis to investigate how High Net Worth Individuals (HNWIs) in Makassar, Indonesia, construct meaning around sustainable investment and ESG principles. Through elite interviews with 15–20 participants, findings reveal that global ESG frameworks undergo active localization, filtered through maritime cultural identity, hyper-local environmental priorities (e.g., coastal erosion, fisheries), and indigenous values like gotong royong (cooperation) and Siri’ (honor). Participants navigate tensions between profit imperatives and ethical stewardship by emphasizing pragmatic risk mitigation, intergenerational responsibility, and regionally visible impact. The research highlights how HNWIs strategically distance themselves from Western-centric ESG norms, positioning themselves as cultural mediators who reconcile global standards with Eastern Indonesia’s socio-ecological realities. These insights advocate for culturally literate sustainable finance strategies in emerging markets.
Co-Authors Abadi, Rahmat Riwayat Abadi, Ridfan Rifaldy Abdi Akbar Idris Abdul Rahman Abdullah, Nur Hudaya Agung Widhi Kurniawan Agung Widhi Kurniawan Agung Widhi Kurniawan Akbar, Andi Muhammad Amelia Wijayanti Azis Amin, Andi Nurzakiah Amiruddin Tawe Amiruddin Tawe Amiruddin Tawe Ananda Putri Rahmadani Anastashia Maharani Muhadi Andi Amelia Putri Andi Aryani Hardiyanti Andi Marwah Andi Muhammad Hanif Annisa Paramaswary Aslam Annisa Paramaswary Aslam Anugrah, Fira Anwar Anwar Anwar Anwar Anwar Anwar Anwar , Anwar Anwar Anwar Anwar Anwar Anwar Anwar Anwar Anwar Anwar Anwar Anwar Anwar Anwar Ramli Anwar Ramli Anwar Ramli Anwar Ramli Anwar, Indah Lestari Apriani, Ely Arismaleo, Andi Rifqih Arshi Naisya Wahyuni Aslam, Achmad Yassin Zidan Akram Aslam, Annisa Paramaswary Aslam, Annisa Paramswary Asmin Awalia, Nurilmi Ayu Afrilia Ayu Liyan Pratiwi Baso Erik Batara, Meisy Putri Burhanuddin Burhanuddin Burhanuddin Burhanuddin Burhanuddin Chalid Imran Musa Chalid Imran Musa Chalid Imran Musa Darmawan Natsir, Uhud Darmawinata, Widhi Nugraha Sumiharja Desri Yanti Manalu Dipoatmojo, Tenri Sayu Puspitaningsih Diva Ariska Ananda Dwiyanti, Astri Evi Puspita Sari Fadhil Nur Makkaraeng Hasanuddin Fatmawati Fatmawati Fatwa, Nur Apriani Fausyah, Nur Febinda Firah Nur Rizky Said Haeruddin , M. Ilham Wardhana Haeruddin , Muhammad Ilham Wardhana Hasanuddin, Rismayanti Hasbiah, Siti Hasnidar Hasnidar Hery Maulana Arif Hety Budiyanti Hety Budiyanti Hety Budiyanti Hety Budiyanti Hety Budiyanti, Hety Hety Budiyanty I Komang Mirawardani Ichwan Musa Ilma Wulansari Hasdiansa Inanna, Inanna Ipoatmodjo, Tenri S. P. D Isma Azis Riu Itra Jauhar, Muh. Alif Johnson, Nur Atifah Septira Karmila Kartika Septiary Musa Khadija, Sitti Khairun Umrah Kusnadi, Syafira Luthfi, Abdillah Khofiyal M Ilham Wardhana Haeruddin M. Ikhwan Maulana Haeruddin Maghfirah Sultan, Nurul Maisyaroh, Ummi Malika, Safinah Aisya Marwah, Andi Meliza Meliza Muh Fatwa Baso Muh. Arham Hidayat Muh. Gibran Syahrum Muh. Ichwan Musa Muhammad Idris Muhammad Ilham Wardhana Muhammad Ilham Wardhana Haerudin Muhammad Imaduddin As'ad Muhammad Imaduddin As'ad Muhammad Rafli Muhammad Wahyu, Muhammad Musa, M. Ichwan Musa, Muh Ichwan Musa, Muhammad Ichwan Musfira, Nur Fauziah Musfirah Mushawwir, Shaleh Afief A Nabila Salsabila Suparman Nanda Febry Malangi Natsir, Uhud Darmawan Ngabe Joyti, Devi Adnyaswari Nisaul Husna Ramadhani Ilham Nur Aisyah Nur Apriani Fatwa Nur Intan Pratiwi Nurafni Nurafni Nurasizah Nurasizah Nurfadhilah Azizah, Andi Nurfarhana Nurhayati Nurhayati , Hety Budiyanti Nurhikmah Maharani Nurman Nurman Nurman Nurman Nurman Nurman Nurman Nurman Nurman Nurman Nurman Nursafitri Nursia Bala Nurul Fadilah Aswar Nurul Fauziah Nurul Fauziah Paramaswary Aslam, Annisa Primawalda, Az-zahra Rizqi Putri Rahim, Fitriani Rahmiani Rahmiani Ramadhani, Gina Ramadhani, Khusnul Khatimah Putri Rasmawati, Rasmawati Rauf, Anwar Rezki Amaliah Rezky Amalia Hamka Ridfan Rifadly Abadi Ridho, M. Yunasri Ridwan, Rini Rizky Amelia Riska Rismawati Riu , Isma Azis Romansyah Sahabuddin Ruma, Zainal Sah, Nurul Alfadiza Saiful Satria Satria, Satria Sayyed Muhammad Fikri Assagaf Siti Hasbiah Siti Hasbiah Siti Hasbiah Sitti Hasbiah Sitti Hasbiah Solly Aryza Sriandara Salman Sulolipu, Andi Annisa Syahir Fadli Syahrul, Khaidir Syamsidar Syamsidar Syamsul, Ikhlazhizha Syamsurizal Syamsurizal Tamara Audry Anandika Syahrir Taufiq, Farah Ramadhani Tawe, Amiruddin Tawe, Andi Amiruddin Tenri S.P. Dipoatmodjo Tenri Sayu Puspitaningsih Dipoatmodjo TRI KURNIAWAN, TRI Widhi Kurniawan, Agung Woeichandra, Rachmat Yuliana Yuliana Zainal Ruma Zainal Ruma