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ANALYSIS DU PONT SYSTEM IN MEASURING COMPANY FINANCIAL PERFORMANCE (CASE STUDY OF TELECOMMUNICATION COMPANIES LISTED ON THE IDX IN 2016-2021) AYU LESTARI; MUHAMMAD FAUZAN
MANKEU (JURNAL MANAJEMEN KEUANGAN) Vol. 1 No. 2 (2023): MANKEU (JURNAL MANAJEMEN KEUANGAN)
Publisher : Indragiri Research Center (ingreat)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61167/mnk.v1i2.38

Abstract

This research was conducted to measure the financial performance of telecommunications companies listed on the Indonesia Stock Exchange. The purpose of this study is to find out and analyze the financial performance of telecommunication companies listed on the IDX in 2016-2021 using the method Dupont system. Research population conducted by researchers are 6 companies in the field of telecommunications. The sample of this research using purposive sampling method is 5 telecommunication companies with 6 years period. The data analysis used in this study used a descriptive method with a quantitative approach and to measure financial performance in this study the test tool used was analysisDupont system using industry averagesNet Profit Margin (NPM), Total Asset Turnover (TATO) and Return On Investment (ROI) (Du Pont) throughout the period of the company as a comparison of performance in each company. The results of the study show that the financial performance of telecommunications companies listed on the Indonesia Stock Exchange is calculated using Dupont system yet good, with valueReturn On Investment (ROI) (Du Pont) decrease. This is due to a decrease in value Net Profit Margin (NPM) andTotal Assets Turnover (TATO) in every company. Of the five companies studied, namely PT Bakrie Telekom Tbk, PT Indosat Tbk, PT Smartfren Tbk, PT XL Axiata Tbk, and PT Telekomunikasi Indonesia Tbk, the ROI value (Du Pont) only PT.XL Axiata Tbk whose financial performance is quite good because of the ROI value (Du Pont) has a dominant value above the company's industry average. PT.XL Axiata Tbk is included in the company whose financial performance is in good criteria.
ANALISIS KINERJA KEUANGAN PADA PT BUKALAPAK.COM TBK DENGAN MENGGUNAKAN RASIO KEUANGAN PERIODE 2021-2024 Nurlela Nurlela; Muhammad Fauzan; Asniati Bindas
Selodang Mayang: Jurnal Ilmiah Badan Perencanaan Pembangunan Daerah Kabupaten Indragiri Hilir Vol. 12 No. 1 (2026): Jurnal Selodang Mayang
Publisher : Badan Perencanaan Pembangunan Daerah Kabupaten Indragiri Hilir Riau

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47521/selodangmayang.v12i1.555

Abstract

This study aims to analyze the financial performance of PT Bukalapak.com Tbk using financial ratios during the period 2021–2024. The research method employed is a descriptive quantitative approach utilizing secondary data in the form of published annual financial statements of PT Bukalapak.com Tbk. Financial performance analysis is conducted through liquidity, solvency, and profitability ratios. Liquidity ratios are measured using the Current Ratio, Quick ratio, and Cash Ratio, solvency ratios are measured using the Debt to Asset Ratio and Debt to Equity Ratio, while profitability ratios are measured using Net Profit Margin, Return on Assets, and Return on Equity. The results indicate that PT Bukalapak.com Tbk demonstrates a very strong level of liquidity and solvency, reflecting the company’s ability to meet short-term obligations and its low dependence on debt financing. However, the company’s profitability performance shows significant fluctuations. In 2021 and 2022, the company recorded profits, while in 2023 and 2024 it experienced losses. This condition indicates that the company still faces challenges in managing operational costs and optimizing the utilization of assets and equity to generate sustainable profits. Penelitian ini bertujuan untuk menganalisis kinerja keuangan PT Bukalapak.com Tbk dengan menggunakan rasio keuangan selama periode 2021–2024. Metode penelitian yang digunakan adalah metode deskriptif kuantitatif dengan memanfaatkan data sekunder berupa laporan keuangan tahunan PT Bukalapak.com Tbk yang telah dipublikasikan. Analisis kinerja keuangan dilakukan melalui rasio likuiditas, solvabilitas, dan profitabilitas. Rasio likuiditas diukur menggunakan Current Ratio, Quick ratio, dan Cash Ratio, rasio solvabilitas diukur menggunakan Debt to Asset Ratio dan Debt to Equity Ratio, sedangkan rasio profitabilitas diukur menggunakan Net Profit Margin, Return on Assets, dan Return on Equity. Hasil penelitian menunjukkan bahwa PT Bukalapak.com Tbk memiliki tingkat likuiditas dan solvabilitas yang sangat baik, yang mencerminkan kemampuan perusahaan dalam memenuhi kewajiban jangka pendek serta rendahnya ketergantungan terhadap pendanaan berbasis utang. Namun demikian, kinerja profitabilitas perusahaan mengalami fluktuasi yang cukup signifikan. Pada tahun 2021 dan 2022 perusahaan masih mencatat laba, sedangkan pada tahun 2023 dan 2024 perusahaan mengalami kerugian. Kondisi ini menunjukkan bahwa perusahaan masih menghadapi tantangan dalam mengendalikan biaya operasional serta mengoptimalkan pemanfaatan aset dan ekuitas untuk menghasilkan laba secara berkelanjutan.
ANALYSIS OF THE EFFECTIVENESS AND EFFICIENCY OF BUDGET MANAGEMENT OF BOS FUNDS AT SMA NEGERI 1 KERITANG Rio Rahamadi; Muhammad Fauzan; Sri Hidayanti
MANKEU (JURNAL MANAJEMEN KEUANGAN) Vol. 4 No. 1 (2026): MANKEU (JURNAL MANAJEMEN KEUANGAN)
Publisher : Indragiri Research Center (ingreat)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61167/mnk.v4i1.302

Abstract

This study aims to analyze the effectiveness and efficiency of School Operational Assistance (BOS) fund management at SMA Negeri 1 Keritang. The research employs a quantitative approach with an explanatory design using effectiveness and efficiency ratio analysis. The results indicate that the effectiveness level of BOS fund management during 2021–2024 is categorized as effective, with ratios ranging from 99.91% to 100%, reflecting a high level of conformity between budget planning and realization. However, the efficiency level is categorized as less efficient, with similar ratio values indicating a tendency to fully absorb the budget without significant cost-saving efforts. These findings suggest that while budget implementation is optimal, improvements in allocation planning and expenditure control are necessary to enhance efficiency.