CASHFLOW : CURRENT ADVANCED RESEARCH ON SHARIA FINANCE AND ECONOMIC WORLDWIDE
Vol. 2 No. 3 (2023): APRIL

ASSESSMENT OF FINANCIAL PERFORMANCE IN SOE BANK USING THE DUPONT SYSTEM METHOD PERIOD 2019-2021

Fitriyah H., Mar'atul (Unknown)
Akbar, Abdi (Unknown)
Anwar (Unknown)
Ramli, Anwar (Unknown)
Nurman (Unknown)



Article Info

Publish Date
17 Jun 2023

Abstract

Appraisal of a company's performance can be observed from both financial and non-financial perspectives. This study specifically measures financial performance by focusing on the DuPont System analysis. The DuPont system divides performance into three components: net profit margin, rate of return on assets, and rate of return on equity/capital. However, this study only considers two components of the DuPont System, namely return on assets and net profit margin. This research is of a quantitative nature with a descriptive approach. The data analyzed is derived from the financial statements of all state-owned banks, particularly the financial position statements and annual comprehensive income statements from December 31, 2019, to December 31, 2021. The results of the study indicate that, among the four banks, Bank Rakyat Indonesia (Persero) Tbk exhibits the best financial performance, while Bank Tabungan Negara (Persero) Tbk displays the lowest financial performance.

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Journal Info

Abbrev

CASHFLOW

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

CASHFLOW : CURRENT ADVANCED RESEARCH ON SHARIA FINANCE AND ECONOMIC WORLDWIDE main objectives is to establish an effective channel of communication between stakeholders including academic and research institution, businesses, governments and communities. It also aims to promote and disseminate the ...