International Journal of Economic, Business, Accounting, Agriculture Management and Sharia Administration (IJEBAS)
Vol. 2 No. 6 (2022): December

PROFITABILITY ANALYSIS PT. HERO SUPERMARKET TBK AFTER CONVERTING GIANT TO IKEA

Auliah Nugrainda (Program Studi Manajemen, Universitas Negeri Makassar)
Anwar (Universitas Negeri Makassar)
Tenri Sayu Puspitaningsih Dipoatmodjo (Universitas Negeri Makassar)



Article Info

Publish Date
24 Dec 2022

Abstract

This study aims to determine the financial performance at PT. Hero Supermarket Tbk for the 2018-2022 period using quarterly, using the Return on Investment ratio, and the Return on Equity ratio using the Du Pont System approach. The population in this study is the entire financial report data of PT. Hero Supermarket Group Tbk taken from the Indonesian Stock Exchange (IDX) website. The sample of this study uses time series data for the last five years consisting of quarterly balance sheets and profit and loss reports from PT. Hero Supermarket Group Tbk Period 2018-2022. Data collection techniques for this study using documentation techniques, which include data collection in the form of quarterly financial reports for the last 5 periods of PT. HERO Supermarket Group Tbk on the company's official website listed where it aims to collect and analyze financial report data and then perform a profitability ratio analysis. From the results of this study, we can see that the impact of converting Giant to IKEA for now looks influential but is still not clearly visible or not significantly visible. To see the results of the significant profitability ratios of PT Hero Supermarket Group Tbk, it takes 2 to 3 years.

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Journal Info

Abbrev

IJEBAS

Publisher

Subject

Economics, Econometrics & Finance

Description

This journal aims to examine new breakthroughs and current issues regarding advances in science and technology in the fields of Economics, Business, Sharia Administration, Accounting and Agriculture ...