scholarly journals Time Series Analysis of Profitability : A Study of Selected Infrastructure Sector Companies in India

2021 ◽  
pp. 385-395
Author(s):  
Praveen Gujjar J ◽  
Naveen Kumar V
Keyword(s):  
Time Series ◽  
Profit Margin ◽  
Annual Data ◽  
Return On Assets ◽  
Operating Profit ◽  
Profitability Analysis ◽  
Significant Difference ◽  
Fixed Assets ◽  
Net Profit ◽  
Financing Pattern

A nation's economic development has link with many sector groups. All the sector groups draw their basic facilities from the infrastructure sector. Infrastructure is needed for development of any country, roads, railways, power, telecom, education, water supply, sanitation constitute infrastructure. This paper deals profitability analysis of ten selected Indian infrastructure sector companies. The annual data of the selected companies is obtained from the Capital Line Database. Selected infrastructure companies for the analysis are Burnpur Cement, Dalmia Cement, Deccan Cement, Godrej Property, Mangalam Cement, Puravankara, Sagar Cements, Shah Alloys, Surya Roshni, Tata Steel. Further, Ratios calculation is related to Operating Profit Margin, Gross Profit Margin, Net Profit Margin, return on Assets, return on Shareholders’ funds, Assets Turnover, Fixed Assets Turnover, Shareholder Funds Turnover, Current Assets Turnover, Net Current Assets Turnover. Result shows that there is significant difference in the financing pattern of different sectors. Financing of each sector is unique, and they have to be handled uniquely.

scholarly journals ANALISIS PERBANDINGAN KINERJA KEUANGAN PERUSAHAAN SEBELUM DAN SESUDAH MERGER DAN AKUISISI PADA PERUSAHAAN YANG TERDAFTAR DI BEI

2016 ◽  
Vol 5 (2) ◽  
Author(s):  
Ayu Maulida
Keyword(s):  
Mergers And Acquisitions ◽  
Profit Margin ◽  
Financial Ratios ◽  
Return On Assets ◽  
Return On Equity ◽  
Operating Profit ◽  
Fixed Assets ◽  
Net Profit ◽  
Before And After ◽  
Equity Ratio

This study aimed to analyze the differences in financial performance before and after mergers and acquisitions based on financial ratios : Current Ratio (CR), Quick Ratio (QR), Debt to Assets Ratio (DAR), Debt to Equity Ratio (DER), Return On Assets (ROA), Return On Equity (ROE), Gross Profit Margin (GPM), Operating Profit Margin (OPM), Net Profit Margin (NPM), Fixed Assets Turnover (FATO), Total Assets Turnover (TATO), dan   Earnings Per Share  (EPS) at the companies listed on the Stock Exchange. This type of research is comparative , and sampling using purposive sampling. The type of data using quantitative data and data sources obtained from secondary data. The analysis technique used is the model for the Kolmogorov-Smirnov test for normality, and parametric test Paired Sample T Test to test hipoteisis. The results showed that there were significant differences between before and after mergers and acquisitions based on financial ratios Debt to Assets Ratio (DAR) in the comparative period of 2 years before and 2 years after puberty and acquisitions as well as comparison of 2 years before the 3 years after the mergers and acquisitions. The results also showed a significant difference based on financial ratios Debt to Equity Ratio (DER) at a ratio of 2-year period prior to 2 years after the mergers and acquisitions. While based on the ratio of Current Ratio (CR), Quick Ratio (QR), Return on Assets (ROA), Return on Equity (ROE), Gross Profit Margin (GPM), Operating Profit Margin (OPM), Net Profit Margin (NPM), fixed Assets Turnover (FATO), Total Assets Turnover (TATO), and Earnings Per Share (EPS), the results showed that there were no significant differences for all the study period.Keywords: Mergers and acquisitions, financial performance, quantitative, Paired Sample T Test

scholarly journals Profitability Analysis of Pharmaceutical Industry in Bangladesh

2020 ◽  
Vol 3 (4) ◽  
Author(s):  
Md. Abdullah Al Mamun ◽  
Keyword(s):  
Stock Exchange ◽  
Profit Margin ◽  
Pharmaceutical Companies ◽  
Return On Assets ◽  
Return On Equity ◽  
Ibn Sina ◽  
Secondary Sources ◽  
Operating Profit ◽  
Profitability Analysis ◽  
Net Profit

This paper tries to analyze profitability performance of pharmaceutical companies listed in Dhaka stock exchange in Bangladesh. To achieve the objectives, data have been collected from secondary sources of listed pharmaceutical companies listed in Dhaka stock exchange for the period from 2000-01 to 2017-18. The collected data have been categorized, tabulated and analyzed by different profitability ratios and statistical tools like mean, standard deviation and coefficient of variation. The financial ratios includes gross profit margin, operating profit margin, and net profit margin, return on equity, return on assets. The results indicates that overall profitability of the industry is satisfactory but ambee, Ibn Sina, beximco and glaxo have enough scope to improve operational efficiency and pricing strategy, assets using to generate and retain profit for the shareholders.

ANALISIS KINERJA KEUANGAN SEBAGAI ALAT PREDIKSI KEBANGKRUTAN DENGAN MODEL DISKRIMINAN

2015 ◽  
Vol 10 (2) ◽  
pp. 97
Author(s):  
Yulinartati Yulinartati
Keyword(s):  
Discriminant Analysis ◽  
Profit Margin ◽  
Return On Assets ◽  
Current Ratio ◽  
Return On Equity ◽  
Discriminant Model ◽  
Operating Profit ◽  
Net Profit ◽  
Equity Ratio ◽  
Turn Over

The purpose of this study was to determine whether the Current Ratio (CR), Debt Equity Ratio (DER), Total Assets Over Turen (TATO), net profit margin (NPM), Debt to Assets Ratio (DAR), Return on Assets (ROA) , Return on Equity (ROE), Gross Profit Margin (GPM), Operating Profit Margin (OPM) influential in distinguishing healthy firms and perusahaa bankruptcy discriminant model. Based on discriminant analysis of known groups of healthy companies and a group of companies that went bankrupt differ significantly, from 9 (nine) variables are in use only 4 (four) variable Current Ratio, Debt Equity Ratio, Net Profit Margin, and Gross Profit Margin is selected and able to differentiate healthy companies and companies go bankrupt, while the 5 (five) of the variables, Turn Over Total Assets, Debt to Assets Ratio, Return on Assets, Return on Assets, and Operating Profit Margin are not able to differentiate healthy and bankrupt companies. Keywords: Current Ratio ,Debt Equity Ratio, Total Assets Turen Over , Net profit Margin , Return on Assets, Return on Equity

scholarly journals PROFITABILITY INDEX DALAM FINANCIAL DISTRESS MITIGATION STUDI PADA BANK BUMN DI INDONESIA

2020 ◽  
Vol 9 (2) ◽  
pp. 098
Author(s):  
Didi Rahmat
Keyword(s):  
Financial Distress ◽  
Stock Exchange ◽  
Profit Margin ◽  
Analysis Method ◽  
Financial Policies ◽  
Return On Assets ◽  
Operating Profit ◽  
Net Profit ◽  
Asset Growth ◽  
Lower Limits

The results of empirical analysis of four state-owned banks in Indonesia that are included in the healthy qualifications according to the OJK and listing on the stock exchange. Using the Trend analysis method of the Indexability Data Index for the period of 2015 to 2018, it was found that; Operating Profit Margin, Net Profit Margin and Return On Assets have a positive but not significant trend, but this forms the pattern of Operating Profit Margin Growth growing significantly in the 2017-2018 period. This is inversely proportional to Total Asset Growth which experiences a negative trend. Besides that, other important things are known that the implemented financial policies form financial distress mitigation in the trend pattern of upper and lower limits for safe profitability index ratios for the four banks.

scholarly journals Interdependensi Strategi Pemasaran Terhadap Kinerja Perusahaan (Suatu Penelitian pada Perusahaan Asuransi Indonesia yang sudah Go Public)

2014 ◽  
Vol 5 (1) ◽  
pp. 18
Author(s):  
Cecep Hidayat ◽  
Iskandar Putong ◽  
Rini Kurnia Sari
Keyword(s):  
Organizational Performance ◽  
Profit Margin ◽  
Insurance Companies ◽  
Return On Assets ◽  
Public Insurance ◽  
Return On Equity ◽  
Operating Profit ◽  
Net Profit ◽  
Study Population ◽  
Redundancy Index

This study aims to analyze the interdependence between the variables of marketing strategy and organizational performance of insurance companies using canonical correlation analysis with multiple multivariate analysis approach. The interdependent correlation value may explain the subgroup which the dominant variable affects other subgroups on the company based on the value of redundancy index. The study population was 9 go public insurance companies when the study was conducted in 2013. Given two exogenous variables, i.e. variables Effectiveness Strategy (STRAEFEK) and Efficiency Strategy (STRATEFIS). Endogenous variable is the Debt to Asset Ratio (DAR), Debt to Eqiity Ratio (DER), Return on Assets (ROA), Return on Equity (ROE), Operating Profit Margin (OPM) and Net Profit Margin (NPM).

PERANAN RASIO KEUANGAN SEBAGAI ALAT PREDIKSI TERHADAP KEGAGALAN BANK (BANK FAILURE)(Pada Bank-Bank Umum Swasta Nasional di Indonesia Tahun 1994-1997)

2007 ◽  
Author(s):  
Erly Mulyani
Keyword(s):  
Bank Failure ◽  
Profit Margin ◽  
Return On Assets ◽  
Return On Equity ◽  
Financial Ratio ◽  
Significant Difference ◽  
Net Profit ◽  
Forward Stepwise ◽  
Reserve Ratio

The purpose of this research is to know the role of financial ratio as a prediction instrument of bank failure by testing the significant difference between the financial ratio average of failed with non failed hank and to test the financial ratio which can he used as prediction instrument of the bank failure for 3 and 2 years before the bank failure happened in the period of liquidations 1997 and 1999. The method used to analyze this research is t-test, Mann-Whitney test and logistic regression base on forward stepwise method. The variable of this research is 16 financial ratio which is Primary Ratio, Risk Assets Ratio, Capital Ratio, Capita! Adequacy Ratio (CAR), Gross of Profit Margin (GPM), Net Profit Margin (NPM), Return On Equity (Roe), Return On Assets (ROA), Return On Loan, Interest Margin, Quick Ratio, Cash Ratio, Statutory Reserve Requirement, Secondary Reserve Ratio, Loan To Deposit Ratio (LDR), Liquidity Risk. The results of this research indicate that (1) there are significant differences between the ratio financial average of failed with non .failed bank. (2) the financial ratio cannot be used as prediction instrument of the bank failure for 3 and 2 years before the bank failure happened in Indonesia.

scholarly journals Analisis Profitabilitas Pada PT Bank Negara Indonesia Tbk Cabang Manado

2019 ◽  
Vol 9 (1) ◽  
pp. 43
Author(s):  
Nathalia A. Chandra ◽  
Joula J. Rogahang ◽  
Dantje Keles
Keyword(s):  
Research Method ◽  
Profit Margin ◽  
Financial Ratios ◽  
Return On Assets ◽  
Return On Equity ◽  
Research Results ◽  
Operating Profit ◽  
Net Profit

The purpose of this research is to analyze the financial ratios in particular the profitability ratio of PT Bank Negara Indonesia Tbk. In the present era more and more companies are emerging and also the competition is so strict, therefore the company must Increase the profit that can be able to compete. The research method used is the ratio of profitability. The profitability ratio is a ratio used to measure the company's ability to generate profit at a certain level of sales, Aser, and stock Capital The research results show that profitability can be said to be good when Profit that can be held annually in the company is able to achieve the target of the company itself. And the results obtained from the research of each indicator for five years from year 2014-2018 is as follows. Gross Profit Margin in the year 2014 of 59%, 2015 of 45%, 2016 amounted to 48%, 2017 for 54%, and 2018 for 56%. Operating Profit Margin in the year 2014 of 59%, 2015 of 45%, 2016 amounted to 48%, 2017 for 54%, and 2018 for 55%. Net Profit Margin in the year 2014 of 48%, 2015 of 36%, 2016 amounted to 38%, 2017 for 43%, and 2018 for 42%. Return on Assets in 2014 amounted to 3%, 2015 by 2%, 2016 by 2%, 2017 by 2%, and 2018 by 2%. Return on Equity in 2014 amounted to 18%, 2015 by 12%, 2016 by 13%, 2017 by 14%, and 2018 by 14%. It can be seen from the presentation of the five indicators can be said to be good, although the presentation that can be in the company in 2015 was decreased, but the company was able to increase back in the following years. It means the company is able to minimize the profit gained according to expectations.

scholarly journals RATIO ANALYSIS OF FINANCIAL PERFORMANCE OF COMPANIESL Q45 INDEX LISTED

2019 ◽  
Vol 7 (3) ◽  
pp. 419-423
Author(s):  
Dian Wulan Sari
Keyword(s):  
Financial Performance ◽  
Sampling Technique ◽  
Profit Margin ◽  
Test Results ◽  
Return On Assets ◽  
Return On Equity ◽  
Independent Variables ◽  
Operating Profit ◽  
Net Profit ◽  
Regression Test

Purpose of Study: This study was conducted with the aim to examine the effect of CR, DAR, DER, ROE, GPM, OPM, and NPM simultaneously to financial performance (ROA) and the effect of CR, DAR, DER, ROE, GPM, OPM, and NPM partially toward financial performance (ROA). Methodology: The sample of companies used in this study as many as 16 companies from 45 companies listed in the LQ45 Index period 2012-2016 with Purposive Sampling Technique. The independent variables used are Current Ratio (CR), Debt to Assets Ratio (DAR), Return on Equity (ROE), Gross Profit Margin (GPM), Operating Profit Margin (OPM), and Net Profit Margin (NPM) while the dependent variable is Return on Assets (ROA) as an indicator of Financial Performance. The analysis used in this research is the Multiple Regression Analysis. Results: The results show that CR, DAR, DER, ROE, GPM, OPM, and NPM have an effect toward ROA; CR, DAR, DER have no significant partial effect on ROA; and ROE, GPM, OPM, NPM have a partially significant effect on ROA. Implications/Applications: Regression test results ROE, GPM, OPM, and NPM partially indicate that the independent variables studied have a significant influence on ROA.

scholarly journals PENGARUH NET PROFIT MARGIN (NPM) DAN RETURN ON ASSETS (ROA) TERHADAP HARGA SAHAM DI PERUSAHAAN YANG TERDAFTAR DI JAKARTA ISLAMIC INDEKS (JII) (STUDI DI PT SEMEN INDONESIA TBK

2021 ◽  
Vol 1 (1) ◽  
pp. 51
Author(s):  
Siti Zaenab Fitriani
Keyword(s):  
Stock Price ◽  
Significance Test ◽  
Profit Margin ◽  
Share Price ◽  
Net Income ◽  
Return On Assets ◽  
Significant Difference ◽  
Net Profit ◽  
Special Sales ◽  
The Stability

ABSTRAKReturn on Assets atau disingkat dengan ROA adalah rasio yang membagi antara laba bersih setelah pajak dengan rata-rata aset pada awal periode dan akhir periode.  Rasio Net Profit Margin disebut juga dengan rasio pendapatan terhadap penjualan. Mengenai hal ini Margin laba bersih sama dengan laba bersih dibagi dengan penjualan bersih. Ini menunjukan kestabilan kesatuan untuk menghasilkan perolehan pada tingkat penjualan khusus. Rasio ini termasuk kedalam Rasio profitabilitas/keuntungan yaitu rasio yang digunakan untuk mengukur efisiensi penggunaan aktiva perusahaan aktiva perusahaan atau merupakan kemampuan suatu perusahaan untuk menghasilkan laba. Berdasarkan hasil penelitian, peneliti memperoleh kesimpulan dengan hasil pengujian hipotesis diperoleh bahwa thitung  < ttabel = (0,729 < 1,8595)  artinya secara parsial terdapat tidak signifikan antara Net Profit Margin terhadap Harga Saham pada PT. Semen Indonesia. Return On Assets (ROA) secara parsial berpengaruh tidak signifikan terhadap Harga Saham hal ini dibuktikan dengan hasil thitung  < ttabel = (-1,400 < 1,8595). Secara simultan dengan hasil uji signifikasi atau uji F diperoleh hasil Fhitung > Ftabel = (7,227 < 4,74)  artinya terdapat pengaruh signifikan antara Net Profit Margin dan Return On Assets terhadap Harga Saham pada PT. Semen Indonesia. ABSTRACTReturn on Assets or abbreviated as ROA is a ratio that divides net income after tax with the average asset at the beginning of the period and the end of the period. The Net Profit Margin Ratio is also called the ratio of income to sales. Regarding this, the net profit margin is equal to the net profit divided by net sales. This shows the stability of the unity to produce gains at a special sales level. This ratio is included in the profitability/profit ratio, which is the ratio used to measure the efficiency of the use of company assets, company assets or the ability of a company to generate profits. Based on the results of the study, researchers obtained conclusions with the results of hypothesis testing obtained that account <ttable = (0.729 <1.8595) means that part there was no significant difference between the Net Profit Margin of the Share Price at PT. Semen Indonesia. Return On Assets (ROA) partially has an insignificant effect on the Stock Price this is evidenced by the results of tcount <ttable = (-1,400 <1.8595). Simultaneously with the results of the significance test or F test results obtained Fcount> Ftable = (7.227 <4.74) means that there is a significant influence between Net Profit Margin and Return On Assets on the Share Price at PT. Semen Indonesia.  

scholarly journals Pengaruh OPM, ROE dan ROA terhadap Perubahan Laba pada Perusahaan Lembaga Pembiayaan di Indonesia

Sosio e-kons ◽  
2017 ◽  
Vol 9 (1) ◽  
pp. 79
Author(s):  
Surya Perdana ◽  
Eni Hartanti
Keyword(s):  
Time Series ◽  
Cross Section ◽  
Significant Influence ◽  
Stock Exchange ◽  
Secondary Data ◽  
Profit Margin ◽  
Return On Assets ◽  
Return On Equity ◽  
Section Data ◽  
Operating Profit

<p align="center"> </p><p align="center"><strong><em>ABSTRACT</em></strong></p><p><em>The purpose of this study was to examine the effect of operating profit margin, return on equity and return on assets to changes in earnings in multi-finance companies in Indonesia Stock Exchange. This study is used a secondary data from financial statements on 12 multi-finance companies in Indonesia Stock Exchange from 2011 until 2015. </em><em>This study</em><em> uses panel data regression of a combined cross-section data and time series.</em></p><p><em>The result of this study showed that operating profit margin, return on equity and return on assets </em><em>simultaneously</em><em> have a significant influence on changes in earnings. The result of F-test showed that the significant level is 0,00 &lt; 0,05. The result of the t-test, operating profit margin (OPM) has a negative and no significant influence on changes in earnings. Return on equity (ROE) has a positive and significant influence on changes in earnings. Return on asset (ROA) has a positive and significant influence on changes in earnings.</em></p><p><strong><em>Keywords: </em></strong><em>Operating Profit Margin, , Return on Equity, Return on Asset, </em><em>Changes Earnings</em></p><p align="center"><strong>ABSTRAK</strong> </p><p>Penelitian ini bertujuan untuk mengetahui pengaruh <em>operating profit margin, return on equity </em>dan <em>return on assets </em>terhadap perubahan laba pada perusahaan lembaga pembiayaan yang terdaftar di Bursa Efek Indonesia. Penelitian ini menggunakan data sekunder berupa data laporan keuangan 12 sampel perusahaan pembiayaan yang diperoleh dari Bursa Efek Indonesia periode 2011-2015. Penelitian ini menggunakan regresi data panel yaitu gabungan data <em>cross section </em> dan <em>time series.</em></p><p>Hasil penelitian menunjukkan bahwa <em>operating profit margin </em>(OPM), <em>return on asset </em>(ROA), dan <em>return on equity </em>(ROE) secara simultan memiliki pengaruh yang signifikan terhadap perubahan laba. Hasil uji F menghasilkan tingkat signifikansi 0,00 &lt; 0,05. Hasil uji-t, o<em>perating profit margin </em>(OPM) berpengaruh negatif dan tidak signifikan terhadap perubahan laba. <em>Return on equity </em>(ROE)  berpengaruh positif dan signifikan terhadap perubahan laba. <em>Return on asset </em>(ROA) berpengaruh positif dan signifikan terhadap perubahan laba.</p><p><strong>Kata Kunci: </strong><em>Operating Profit Margin, , Return on Equity, Return on Asset, </em>Perubahan laba</p>

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