Analysis of Financial Performance: 7ELEVEN SDN. BHD

7ELEVEN (7 eleven) is well-known franchise in the world as in Malaysia. The purpose of this study is to analyse the financial performance of 7 eleven for two consecutive years, 2019 and 2020. The comparison of this performance is required to track their achievement on stability, liquidity, profitability and on maintaining their market share. The qualitative data based on survey and quantitative data in the annual report needed to make the comparison of the financial performance. The ratios used to analyse the company financial performance are market value ratios, profitability ratios, efficiency ratios and liquidity ratios. The result from the survey contributed the information on how society preferred go to the 7 eleven and the result from the ratios showed the financial performance of the company. The financial performance report will be the summary of the financial health of the company helping various investors and stakeholders to take investment decision.

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Analisis kesehatan Keuangan dengan Menggunakan Metode Altman Z-Score Pada PT Tiga Pilar Sejahtera Food Tbk

JURNAL ADMINISTRASI BISNIS ◽

10.14710/jab.v10i2.36791 ◽

2021 ◽

Vol 10 (2) ◽

pp. 155-164

Author(s):

Apriatni Endang Prihatini ◽

Dinalestari Purbawati

Keyword(s):

Comparative Analysis ◽

Financial Performance ◽

Annual Report ◽

Secondary Data ◽

Rate Of Return ◽

Financial Health ◽

Z Score ◽

Financial Condition ◽

Report Data ◽

Profitability Ratios

Annual report information is needed for investors to determine the rate of return on paid up capital to the company and to predict the level of risk. Based on the consolidated annual report, PT Tiga Pilar Sejahtera Food Tbk (TPSF) did not show good financial performance, so it was unable to pay dividends. This study is descriptive, which is to find out the financial health of TPSF for the period of 2016 to 2019. The method of analysis used the Altman Z-Score which was equipped with a profitability ratio. The data used was secondary data obtained from official company sources, specifically the 2016 to 2019 annual report data. The results show that the company's financial condition from 2016 to 2019 was in the bankruptcy category. This condition is also strengthened by a comparative analysis of profitability ratios that shows its inability to make a profit. The increasing of company’s ability to earn profits began to occur in 2019, however the financial condition was still in the bankruptcy category. It is recommended that companies prioritize strategies that can increase profits from the main businessInformasi laporan tahunan diperlukan bagi para investor, untuk mengetahui tingkat pengembalian dana yang disetorkan kepada perusahaan, serta memprediksi tingkat risiko. Berdasarkan laporan tahun konsolidasi, kondisi keuangan PT Tiga Pilar Sejahtera Food Tbk (TPSF), tidak menunjukan kinerja yang baik, sehingga tidak mampu membayar dividen. Penelitian ini bersifat diskriptif, yaitu dimaksudkan untuk mengetahui kondisi kesehatan TPSF untuk periode tahun 2016 hingga 2019. Metode analisis menggunakan Altman Z-Score dilengkapi dengan rasio profitabilitas. Penelitian ini menggunakan data sekunder yang diperoleh dari data resmi perusahaan, yaitu data laporan tahunan 2016 hingga tahun 2019. Hasil penelitian menunjukan bahwa kondisi keuangan perusahaan periode tahun 2016 sampai dengan 2019 berada pada kategori kebangkrutan. Diperkuat dengan analisis perbandingan rasio profitabilitas, menunjukkan ketidakmampuan memperoleh keuntungan. Peningkatan kemampuan memperoleh keuntungan, mulai terjadi di tahun 2019, walau demikian, kondisi keuangan, masih dalam kategori kebangkrutan Disarankan perusahaan lebih mengutamakan strategi-strategi yang dapat meningkatkan keuntungan yang berasal dari usaha pokok.

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Analysis Of Financial Health Level On Financial Performance In Cement Companies Listed On The Indonesian Stock Exchange (Idx)

Primanomics Jurnal Ekonomi & Bisnis ◽

10.31253/pe.v18i3.401 ◽

2020 ◽

Vol 18 (3) ◽

pp. 125

Author(s):

Dhea Zatira ◽

Ria Puspitasari

Keyword(s):

Financial Performance ◽

Stock Exchange ◽

Market Value ◽

Financial Health ◽

Z Score ◽

Working Capital ◽

Book Value ◽

Panel Data Regression ◽

Data Regression ◽

Retained Earnings

This study aims to analyze the Level of Financial Soundness on Financial Performance in Cement Companies that are Go Public Listed on the Indonesia Stock Exchange (BEI). Analysis of the level of financial health using the Altman Z-Score with several ratios, namely the ratio of Working Capital to Total Assets (X1), the ratio of retained earnings to total assets (X2), the ratio of EBIT to Total Assets (X3), the ratio of stock market value to book value ofabilities (X4), the ratio of Sales to Total Assets (X5) to the dependent variable on Financial Performance (Return on Assets). The data analysis technique used in this research is the Altman Z-Score with the criteria for bankruptcy and to find its effect with the panel data regression model assisted by E-Views software. The results of the calculation and analysis of the Z-Score criteria in cement companies in Indonesia, it is known that there is no cement company whose company finances are stated in a healthy condition. One company is prone to bankruptcy (gray zone) while the rest according to the Z-Score criteria are bankrupt. Furthermore, based on the panel data regression examiner simultaneously the five independent variables on financial performance (Y), while partially the working capital ratio to total assets (X1) affects financial performance (Y), the retained earnings ratio to total assets (X2) has no effect on Financial performance (Y), EBIT ratio to total assets (X3) affects financial performance (Y), stock market value ratio to book value of liabilities (X4) has no effect on financial performance (Y), Sales to Total Assets ratio (X5) affect financial performance.

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The Affect Of The Asean China Free Trade Agreement (Acfta) On The SME’s Performance

JBMP (Jurnal Bisnis Manajemen dan Perbankan) ◽

10.21070/jbmp.v5i1.2043 ◽

2019 ◽

Vol 5 (1) ◽

pp. 30

Author(s):

Wisnu Panggah Setiyono ◽

Dewi Andriyani ◽

Boy Isma Putra

Keyword(s):

Financial Performance ◽

Free Trade ◽

Mixed Method ◽

Quantitative Data ◽

Free Trade Agreement ◽

Qualitative Data ◽

Trade Agreement ◽

Paired Samples ◽

Library Research ◽

Before And After

This research is aimed to analyze the influence of ASEAN-China Free Trade Agreement (ACFTA) on the financial performance of SMEs in Sidoarjo. The financial performance of SMEs in this study was measured by the level of sales comparation between the period before and after ACFTA. This research applied mix method technique with squids mixed method strategy, especially sequential explanatory strategy. It is a strategy for the researchers to combine the data that was found from one method with the other method. The steps were begun with the researcher collecting the quantitative data by performing different test or Paired samples T-test then continued with collecting the qualitative data by doing library research. The results show that there are significant differences in financial performance; first, it is seen from the sales between before and after ACFTA, and second, it is proven that that the existence of ACFTA significantly affects the sales rate of SMEs.

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THE DEVELOPMENT OF INTERACTIVE MULTIMEDIA BASED LEARNING USING MACROMEDIA FLASH 8 IN ACCOUNTING COURSE

Journal of Accounting and Business Education ◽

10.26675/jabe.v1i1.6734 ◽

2016 ◽

Vol 1 (1) ◽

pp. 122 ◽

Cited By ~ 2

Author(s):

Satriyo Wicaksono

Keyword(s):

Subject Matter ◽

Quantitative Data ◽

Qualitative Data ◽

Interactive Multimedia ◽

Development Model ◽

Development Research ◽

Subject Matter Experts ◽

Multimedia Services ◽

The World ◽

Limited Testing

The development of science and technology influence and bring out the change in the world of education. Utilization of interactive multimedia using Macromedia Flash 8 can be used as a media of learning innovation. The developments of this research using development model 4D, among other steps are define, design, develop, and disseminate, but on this research and development only till to the develop step. The type of data in this development research is using quantitative and qualitative data. Quantitative data obtained from the results of validation experts and users (students and teachers). While the qualitative data in the form of comments and suggestions from validator expert and users. The data obtained from the results of validation to the validator subject matter experts by 83% with a decent sting category, media expert of 97% with a very decent katerogi, and limited testing is said to be very suitable with a percentage of 76%. From the analysis, it can be concluded that the interactive multimedia instructional is valid and suitable for the students.Keywords: development, interactive multimedia, services cycle company

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INTEGRATING THE TEACHING OF CULTURE BASED READING AND ESSAY WRITING TO BUILD STUDENTS� CULTURAL AWARENESS

Pedagonal : Jurnal Ilmiah Pendidikan ◽

10.33751/pedagog.v1i1.222 ◽

2017 ◽

Vol 1 (1) ◽

pp. 1-7

Author(s):

Deddy Sofyan ◽

Istiqlaliah Nurul Hidayati ◽

Asih Wahyuni

Keyword(s):

Mixed Method ◽

Quantitative Data ◽

Cultural Awareness ◽

Qualitative Data ◽

Classroom Observation ◽

Reading Habit ◽

Essay Writing ◽

The World ◽

Body And Soul ◽

Different Cultures

The title of the research is integrating the teaching of culture based reading and essay writing to build students cultural awareness. Two main aims were conveyed in the research. First, it was aimed at supporting students to write an essay based on what they had read (to give them background knowledge and to build their reading habit) and the second was building students cultural awareness and helping them realize that their nation actually has fabulous local wisdoms. By realizing that the nation has deeply meaningful local wisdoms, they will love and protect the nation with their body and soul. The researchers integrated this teaching of local wisdoms by asking the students to firstly read a cultural based text and discussed what they understand about the text with their friends. The text contained a description about different cultures in several countries. The titles of the texts were for example: Maintaining Eye Contact in Some Cultures, Innocent Gestures that Mean Rude Abroad, The Ethics of Gift Giving all over the World, etc. After being read, the text was then discussed in the classroom. The students gave their opinion as well as their experience related to the topic. The last activity was writing an essay with the same topic yet the culture being discussed in the writing had to be about the students own culture. The method that was employed in the research was mixed method. The qualitative data was gained from classroom observation and the portfolio of students writings while the quantitative data was gained from questionnaires distributed to the students. The results were first the students found out how to write an essay and second, they realized that their culture has high values to be appreciated. Thus the love to the nation was well established.Key Words: Reading-Writing Integration, Cultural Awareness, Essay Writing.

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Religion and Internet Use among Young Adult Muslims in Israel and Turkey: Exploring Issues of Trust and Religious Authority

Journal of Religion Media and Digital Culture ◽

10.1163/21659214-bja10015 ◽

2020 ◽

Vol 9 (3) ◽

pp. 347-367

Author(s):

Marcus Moberg ◽

Sawsan Kheir ◽

Habibe Erdis Gökce

Keyword(s):

Young Adults ◽

Young Adult ◽

University Students ◽

Quantitative Data ◽

Internet Use ◽

Qualitative Data ◽

Religious Practice ◽

Global Perspective ◽

Religious Authority ◽

The World

Abstract This article is based on data gathered in the project Young Adults and Religion in a Global Perspective (yarg 2015 ̶ 2019), which explored the values and religious subjectivities of young adult university students in thirteen different countries around the world. In a largely explorative fashion, the article focuses on the only two predominantly Muslim samples included in the project: Turkey and Muslims in Israel. On the basis of quantitative data, the article outlines the significant correlations found between respondents’ degrees of personal religiosity, frequency of religious practice, and levels of internet use for religion-related purposes. On the basis of qualitative data, the article then moves to explore how concerns about the trustworthiness of online content and the continuing influence of offline religious authorities work to shape and inform the online religious engagements of our Turkish and Israeli Muslim young adult respondents.

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The Impact of Acquisition on Bentoel Internasional Investama Corporation Financial Performance

International Journal of Business Studies ◽

10.32924/ijbs.v2i3.81 ◽

2019 ◽

Vol 2 (3) ◽

pp. 144-149

Author(s):

Wiwiek Mardawiyah Daryanto ◽

Bramastra Purnomosidhi ◽

Sarah Khairannisa

Keyword(s):

Financial Performance ◽

Empirical Analysis ◽

Tobacco Industry ◽

Annual Report ◽

Investment Climate ◽

Tobacco Company ◽

The World ◽

Before And After ◽

Future Strategy ◽

The Impact

Indonesia Tobacco Industry is one of themost prosperous business in the world, globalization made company across the globe racing to acquire tobacco company. Indonesian investment climate allows acquisition conduct by a foreign company in this sector. This study based on the acquisition of PT. Bentoel Internasional Investama (RMBA) by aforeign company (British American Tobacco) in 2010, the data was collected from the annual report of RMBA during 2006- 2015. Four accounting ratio were applied to test the signiicant change in the inancial performance of RMBA five years before and ive years after the acquisition. There is a signiicant difference in the inancial performance of the RMBA between pre and post-acquisition. The signiicant difference can be used as an input to improve RMBA inancial performance. This study provides an empirical analysis before and after acquisition that can be served for a future strategy on acquisition tobacco company in Indonesia.

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Executive Compensation, Sustainability, Climate, Environmental Concerns, and Company Financial Performance: Evidence from Indonesian Commercial Banks

Sustainability ◽

10.3390/su11061673 ◽

2019 ◽

Vol 11 (6) ◽

pp. 1673 ◽

Cited By ~ 7

Author(s):

Eriana Kartadjumena ◽

Waymond Rodgers

Keyword(s):

Financial Performance ◽

Executive Compensation ◽

Commercial Banks ◽

Negative Impact ◽

Corporate Sustainability ◽

Market Value ◽

Global Reporting Initiative ◽

Environmental Concerns ◽

Financial Health ◽

The Impact

This research investigates whether executive compensation is designed to motivate managers to pursue corporate sustainability (CS) concerns as measured by Global Reporting Initiative (GRI) 3.1 disclosure indicators in Indonesian listed commercial banks throughout 2007–2014. In addition, this study examines the impact of executive compensation, climate, and environmental concerns on both financial health and market value performance as components of company financial performance (CFP). This study, based on an agency theoretic and stakeholder positions, focuses on banking entities in a developing country, and enriches the literature by examining topics through the application of the Throughput Model that captures different pathways and stages. The results suggest that higher executive compensation in Indonesian banking entities may motivate management to do more for climate and environmental concerns, as well as to enhance CFP. Contrary to expectations, climate and environmental concerns have a significant negative impact on both financial health and market value performance. This implies that Indonesian banking companies may tend to conduct corporate responsibility activities only for their own-sake as an altruism motive, which influences the reduction of firms’ financial performance. This study comes to the conclusion that CS concern depicts a weakening factor as well as a partial mediator in the relationship between executive compensation and financial health performance.

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Mediation effects financial performance toward influences of corporate growth and assets utilization

International Journal of Productivity and Performance Management ◽

10.1108/ijppm-05-2018-0199 ◽

2019 ◽

Vol 68 (5) ◽

pp. 981-996 ◽

Cited By ~ 1

Author(s):

Sri Mangesti Rahayu

Keyword(s):

Financial Performance ◽

Significant Influence ◽

Investment Decision ◽

Secondary Data ◽

Market Value ◽

Corporate Financial Performance ◽

Mediation Effects ◽

Content Type ◽

Corporate Growth ◽

Operational Activities

Purpose The purpose of this paper is to measure the effects of corporate financial performance toward the influences of corporate growth and company asset utilization on the corporate market value. Design/methodology/approach This research is an explanatory research that describes the influences of one or more variables on other variables based on secondary data. This research took place in Indonesia and was carried out from 2011 to 2016. Findings The findings of this study are corporate growth has a significant influence on the corporate market value, implying that companies should consider the short-term and long-term profitabilities before making any investment decision; asset utilization has been confirmed to have a positive and significant influence on financial performance. Insights into asset utilization effectiveness and efficiency are important for company managers to consider in making strategic decisions upon operational activities of the company. Also, financial performance has a positive and significant influence on the corporate market value. Originality/value Research originality offered in this research is in the form of empirical evidence upon the influence of company asset utilization on the financial performance and corporate market value of a company. The finding of this research is expected to provide a better understanding on the role of company asset utilization in determining corporate financial performance which is known to be certain.

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DISCLOSURE OF CORPORATE SOCIAL RESPONSIBILITY (CSR) AND ITS EFFECT TO THE FINANCIAL PERFORMANCE OF SHARIA BANKS IN INDONESIA

10.31227/osf.io/4k5js ◽

2018 ◽

Author(s):

Yolandafitri Zulvia

Keyword(s):

Financial Performance ◽

Structural Equation ◽

Annual Report ◽

Equation Modeling ◽

P Value ◽

Analysis Method ◽

Csr Disclosure ◽

Research Function ◽

Corporate Social ◽

Profitability Ratios

This study aims to determine the effect of CSR disclosure information in the annual report of Sharia banks in Indonesia totheir financial performance as measured by profitability ratios. This research function as an input for the company in thelong term, that CSR is not as a burden for the company, and through CSR, the financial the performance of the companydescribed through profitability ratios has, in fact, increased. The analysis method used is structural equation modeling withWapPLS ver.4.0 program. The results showed that CSR disclosure had a positive and significant effect on the financialperformance of Sharia bank in Indonesia with p-value 0.03 <0.05. Bank Muamalat and BNI Syariah are banks that have thehighest average in CSR disclosure of companies. Furthermore, the dimensions often disclosed in corporate CSR of Shariabanks in Indonesia are energy, environmental, and product dimensions

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