Asian Journal of Management Analytics
Vol. 4 No. 2 (2025): April 2025

The Influance of Financial Performance Analysis on Stock Prices in Cement Sub-Sector Companies Listed on the Indonesian Stock Exchange for the Period 2017-2023

Sari, Sri Nafika (Unknown)
Sam, Iskandar (Unknown)
Ridwan, Muhammad (Unknown)



Article Info

Publish Date
29 Apr 2025

Abstract

This study aims to investigate the effect of financial performance on the share price of companies listed on the Indonesia Stock Exchange (IDX). To achieve this goal, this study applies quantitative methods with multiple linear regression analysis. The data analyzed and used as a basis includes financial statements and company stock prices from 2017 to 2023. The results show that financial performance, as measured through various ratios such as Current Ratio (CR), Debt to Equity Ratio (DER), and Earnings per Share (EPS), has a significant influence on stock prices. This finding indicates that EPS contributes positively to stock price, while CR and DER show a negative impact. The conclusion of this study confirms that a company's financial performance has a great influence on its traded share price. Therefore, it is recommended that companies focus more on paying attention to and improving their financial performance, in order to encourage an increase in stock prices and strengthen investor confidence.

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Journal Info

Abbrev

ajma

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

The Asian Journal of Management Analytics (AJMA) is a journal focused on the theory and application of data analytics and its applications in contemporary business, economics, and management disciplines. These disciplines include accounting, finance, management, marketing, economics ...