Journal of Research and Publication Innovation
Vol 2 No 4 (2024): OCTOBER

PENGARUH RETURN ON EQUITY, GROSS PROFIT MARGIN, DAN TOTAL ASSET TURNOVER TERHADAP PERTUMBUHAN LABA PADA PT SIANTAR TOP TBK PERIODE 2014 – 2023

Khanifah Firlia Naftiar (Unknown)
Hestu Nugroho Warasto (Unknown)



Article Info

Publish Date
04 Oct 2024

Abstract

Gross Profit Margin, Total Asset Turnover, on Profit Growth both partially and simultaneously. The research method used is descriptive with a quantitative approach, using secondary data from PT's financial reports. Siantar Top Tbk. period 2014-2023. Data analysis methods include classical assumption tests, multiple linear regression analysis, hypothesis testing T-test, F-test and coefficient of determination test (R2). The t test results show that Return On Equity has a value of tcount < ttable (-1.813 < 2.447) and a significant value greater than sig. 0.05 or (0.120 > 0.05) this means that Return On Equity has no significant effect on Profit Growth. Gross Profit Margin has a value of tcount > ttable (3.338 > 2.447) and a significant value smaller than sig. 0.05 or (0.016 < 0.05) this means that Gross Profit Margin has a significant effect on Profit Growth. Total Asset Turnover has a value of tcount > ttable (3.436 > 2.447) and a significant value smaller than sig. 0.05 or (0.014 < 0.05) this means that Total Asset Turnover has a significant effect on Profit Growth. From the results of the F test, the sig. of (0.019 < 0.05) and the value of Fcount > Ftable (7.503 > 4.74) shows that simultaneously Return On Equity, Gross Profit Margin and Total Asset Turnover influence Profit Growth. The results of the Coefficient of Determination Test (R2) show an Adjusted R-Square value of 0.684, which means that together Return On Equity, Gross Profit Margin, and Total Asset Turnover contribute 68.4% while 31.6% is explained by the variable others not examined in this study.

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Journal Info

Abbrev

JORAPI

Publisher

Subject

Computer Science & IT Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Social Sciences Other

Description

Journal of Research and Publication Innovation is a multidisciplinary and scientific research journal that publishes research papers, review papers, case reports, case studies, book reviews, theses, dissertation works, etc. Published 4 times a year, every January, April, July and ...