scholarly journals Asset Management, Pt Taisho Pharmaceutical Tbk

2019 ◽  
Vol 7 (1) ◽  
pp. 145-152
Author(s):  
Aldi Wiratama ◽  
Nusa Muktiadji ◽  
Nani Cahyani
Keyword(s):  
Financial Performance ◽  
Asset Management ◽  
Operating Cost ◽  
Financial Ratios ◽  
Operating Costs ◽  
Operating Cycle ◽  
Financial Reports ◽  
Great Loss ◽  
Physical Assets ◽  
Assets Management

Assets are important aspects of a company. Many firms still consider physical assets management as a tool or instrument in assets list management. The reality reveals that many cases initially started off from assets mismanagement, and eventually cause great loss to the company. Assets management is a process of wealth management both tangible and intangible ones, that are expected to have economic values and aimed at gaining profit and reduce costs efficiently and effectively. An appropriate assets management improves financial performance and increases revenues from assets utilization and reduces maintenance costs. The study aims at identifying how the financial performance and assets management in PT Taisho Pharmaceutical, Tbk. seen from its financial ratios and how its financial performance compared to industrial average financial performance of pharmaceutical sub sector. The financial reports used in this study are obtained from idx.co.id for the periods of 2012-2016. Analytical methods used are trend analysis, operating cycle, and financial ratio analysis. Based on the analysis, it can be concluded that assets management of PT Taisho Pharmaceutical generally fall into good category. This can be viewed from the activity ratios (TATO, CATO, FATO, INTO, ARTO) which are visibly increasing. Nonetheless, the company could not afford to optimize the efficiency of cost of goods sold and operating cost, and it has caused a less maximum gain in profits. The percentage of cost of goods sold and operating costs are larger than the sales percentage. The large amount of cost of goods sold is due to company’s policy granting employees extra training to produce more innovation for new products, and the increasing operating costs occurred owing to company’s increaseing sales volumes which resulted in additional costs for packing, delivery, and electrical engines. There are still some major improvements to make, considering some of the financial ratios are still under the average industrial score for pharmaceutical sub sector. The improvement of financial performance is necessary to push the profit gains and advancing the stakeholders wellfare.

The relationship between sustainability practices and financial performance of construction companies

2013 ◽  
Vol 2 (1) ◽  
pp. 6-27 ◽  
Author(s):  
Renard Y.J. Siew ◽  
Maria C.A. Balatbat ◽  
David G. Carmichael
Keyword(s):  
Financial Performance ◽  
Financial Reporting ◽  
Health And Safety ◽  
Financial Ratios ◽  
Financial Reports ◽  
Content Type ◽  
Construction Companies ◽  
Wide Range ◽  
Sustainability Practices ◽  
The Impact

PurposeOver recent years, a number of companies have committed to sharing information relating to their environmental, social and governance (ESG) activities, in response to a higher demand for transparency from stakeholders. This paper aims to explore the impact of such reporting on the financial performance of construction companies.Design/methodology/approachThis paper first examines the state of non‐financial reporting of publicly‐listed construction companies on climate change, environmental management, environmental efficiency, health and safety, human capital, conduct, stakeholder engagement, governance and other matters deemed to be of concern to institutional investors. It then presents the results of an empirical study on the impact of issuing non‐financial reports and the extent of companies’ sustainability practices (represented by ESG scores) on the financial performance of the companies. Financial performance is measured via a range of financial ratios.FindingsThe paper finds that a majority of the publicly‐listed construction companies studied have low levels of reporting, while construction companies issuing non‐financial reports largely outperform those which do not in a number of selected financial ratios, although the correlation between financial performance and ESG scores is not strong.Originality/valueThe originality of this research lies in its use of “hard data”, and it is supported by a wide range of financial ratios; this is distinguished from the existing, largely qualitative literature.

scholarly journals ECONOMIC AND OPERATIONAL ANALYSIS OF MECHANIZED FOREST IMPLEMENTATION

2020 ◽  
Vol 44 ◽  
Author(s):  
Nilton Cesar Fiedler ◽  
Alexandre Arantes de Campos ◽  
Marcos Vinicius Winckler Caldeira ◽  
Julião Soares de Souza Lima ◽  
Antônio Henrique Cordeiro Ramalho ◽  
...  
Keyword(s):  
Operating Cost ◽  
High Energy ◽  
Northern Region ◽  
Production Costs ◽  
Operating Costs ◽  
Operating Cycle ◽  
Cycle Times ◽  
Waste Removal ◽  
The Cost ◽  
Efficiency And Productivity

ABSTRACT Mechanization in forestry implantation demands high energy, time, and high operational and production costs. Thus, studies related to the influence of variables on the efficiency of these activities are essential to reduce costs and optimize operations. The objective of this study was to evaluate the operational and cost performance of mechanized forest implantation operations in Eucalyptus sp. Data were collected from eucalyptus plantations located in the northern region of the state of Espírito Santo, Brazil. The analysis of operational performance determined the distribution of operating times, mechanical availability, degree of utilization, operational efficiency, and productivity of the machines. The cost analysis estimated the operating costs in forestry implantation activities. The forest planting operations were: waste removal, subsoiling, digging with fertilization, planting, chemical weeding, and covering fertilization. According to the results, planting (39.20%) and waste removal (15.99%) represented the longest operating cycle times, the shortest production times (51.48% and 53.64%), and finally the longest maintenance times (32.95% and 29%). Chemical weeding and subsoiling showed the lowest maintenance times (4.64% and 3.47%). The cover fertilization was the operation that presented the highest productivity (2.99 ha he-1), and the removal of residues had the lowest (0.97 ha he-1). The highest costs per effective hour (R$13.57 he-1) and lowest production costs (R$81.59 ha-1) occurred at planting. Subsoiling had the highest production cost (R$112.80 ha-1). The lowest operating cost was obtained in the fertilizing operation. Operating costs had the greatest weight in labor, fuel, and maintenance and repairs.

scholarly journals Perbandingan Kinerja Keuangan Koperasi Konvensional Dan Koperasi Syariah Di Kota Bandar Lampung

2018 ◽  
Vol 12 (1) ◽  
pp. 9
Author(s):  
Nurmala Nurmala ◽  
Damayanti Damayanti ◽  
Eksa Ridwansyah ◽  
Destia Pentiana
Keyword(s):  
Financial Performance ◽  
Small And Medium Enterprises ◽  
Financial Reports ◽  
Management Efficiency ◽  
Final Score ◽  
Medium Enterprises ◽  
Productive Assets ◽  
The City ◽  
Assets Management

There are 740 cooperatives registered in Bandar Lampung, but more than 50% are suspended. Of these, only a few are actively reporting their financial performance in the form of complete financial statements. Therefore the author assumes that it is important to analyze the comparison financial performance of conventional cooperative and of Islamic cooperatives in the city of Bandar Lampung. The overall financial performance of cooperatives is assessed based on the regulation of the State Minister for Cooperatives and Small and Medium Enterprises of  Republic of Indonesia Number: 14 / PER / M.KUKM / XII / 2009.  The assessment of cooperative health includes capital, quality of productive assets, management, efficiency, liquidity, independence and growth, and cooperative identity. To assess the financial performance of sharia cooperatives is based on the regulations of the Minister of Cooperatives and Small and Medium Enterprises No. 35.3 / Per / M.KUKM / X / 2007. In addition to cooperative health assessments covering capital, quality of productive assets, management, efficiency, liquidity, independence and growth, and identity of cooperatives, there is an assessment of compliance with Islamic principles. The objects in this study are cooperatives that actively reported their finances to the cooperative service in 2015 and 2016. There are 24 conventional and sharia cooperative financial reports analyzed. Based on the analysis, the financial performance of conventional cooperatives gets a final score of 67.15 while the sharia cooperative gets the final score amounting to 74.13. The value indicates that conventional cooperatives and Islamic cooperatives are equally healthy.  Nevertheless, it can be said that the financial performance of Islamic cooperatives is better than that of conventional cooperatives. 

scholarly journals Analisis kontribusi pembiayaan mudharabah dan murabahah terhadap pendapatan operasional bank syariah

El Dinar ◽  
2018 ◽  
Vol 4 (1) ◽  
pp. 62
Author(s):  
Novia Rosi Nurjannah
Keyword(s):  
Financial Performance ◽  
Good Condition ◽  
Financial Statements ◽  
Qualitative Approach ◽  
Profit Margin ◽  
Financial Ratios ◽  
Financial Reports ◽  
Operating Income ◽  
Operational Costs ◽  
Descriptive Qualitative

<p>The purpose of this study was to determine the apalication of <em>mudharaba</em> and <em>murabaha</em> financing<em> </em>on BMI and the contributions made financing on operating revenues of bank as well as assessing the financial performance of bank through the financial statements and evaluating the suitability of the application that was done BMI with PSAK 105 and 102. This study used descriptive qualitative approach, namely by looking at the financial reports of 2014 and conducted interviews. This research was to know the implementation of murabaha and mudharaba financing to operating income as well as assessing the financial performance and evaluating the suitability of the application done BMI with PSAK 105 and 102. The results of this research shows that the implementation of murabaha and mudharaba financing provided funds to customers for investments and sold goods. Mean while the bank’s contribution to the operating income of the profit/ margin derived of financing. BMI operating income obtained from various bank products and services. Financial performance that was measured by financial ratios indicated that the value of ROA was well under the Bank Indonesia regulation and BOPO ratio values can be concluded that the effeciency of operational costs incurred by the bank in good condition and not in a state of trobled banks. The accounting treatment of murabaha and mudharaba financing which included presentation, measurement, disclosure adn recognition carried BMI in Accordance with the application of PSAK 102 and 102.</p>

scholarly journals Analisis Rasio Kinerja Keuangan Pada PT. Bank SULUTGO

2019 ◽  
Vol 9 (2) ◽  
pp. 19
Author(s):  
Scarlet E. Rawung ◽  
Joula J. Rogahang ◽  
Joanne V. Mangindaan
Keyword(s):  
Financial Performance ◽  
Secondary Data ◽  
Financial Statements ◽  
Financial Ratios ◽  
Financial Reports ◽  
Financial Ratio

Research on using to find out and analyze financial performance at PT Bank-PLACES to GO. In this current era increasingly many companies appear and also being so tight, so from that company (bank) earnings should improve in order to be able to compete. The focus in this study is on the financial statements of the year 2015, 2016, and 2017, with financial ratios i.e. ratio of profitability, liquidity ratios, and ratios of the banking capital. While the source of the data used in this research is secondary data in the form of banking financial reports document from the year 2015 to 2017 are on acquire from webside https://www.banksulutgo.co.id . Results of the study showed a ratio of profitability have good financial kenerja, capital ratio and likuditas ratio also has a good financial performance, though in year 2015 to 2017 rising and decline but the financial performance the bank achieve not FLAMMABLE under standard BI BI standards but so can still in good financial ratio tells me. Therefore, PT. Bank SULUTGO should further improve the financial performance of a maximum in the next year.

scholarly journals Pengaruh dana pihak ketiga, biaya operasional pendapatan operasional (BOPO) dan kredit yang disalurkan terhadap kinerja keuangan pada sektor perbankan

2021 ◽  
Vol 16 (1) ◽  
Author(s):  
Noni Irma Br Hotang ◽  
Wilsa Road Betterment Sitepu ◽  
Rupiwita Munte ◽  
Serevina S
Keyword(s):  
Financial Performance ◽  
Total Sample ◽  
Third Party ◽  
Operating Costs ◽  
Sampling System ◽  
Financial Reports ◽  
Operating Income ◽  
Independent Variables ◽  
Operational Costs ◽  
Research Sector

This study aims to analyze the effect of third party funds, operational costs of operating income and loan to deposit ratio on financial performance to test the sampling system used sampling saturation. This research produces a sample of 26 companies and then multiplied by 3 years of the testing period, the total sample size obtained as much as 78 data, analysis in research using annual financial reports, taken from the research method of multiple linear regression, classical assumption test and hypothesis testing using the F test and t-test through the SPSS program. The results show that third-party funds, operational costs of operational income, and loans have no effect on the financial performance of banking companies during the 2015-2017 period. This is shown by the model in this study of 6.5% which can explain the variation of the independent variables, the remaining 93.5% is explained by other variables outside the model. The discrepancies in the results of previous studies are caused by several things such as differences in the study period, research sector, and the number of research sample Keywords: Third party funds, Operating costs, Operating income, Loans disbursed, financial performance

scholarly journals ANALISIS LAPORAN KEUANGAN PT. SMARTFREN TELECOM TBK PRA DAN PASCA AKUISISI

2013 ◽  
Vol 2 (1) ◽  
pp. 104
Author(s):  
Stevani Fransy Gillis Kaparang ◽  
Agus Tony Poputra
Keyword(s):  
Financial Performance ◽  
Asset Management ◽  
Positive Impact ◽  
Rapid Development ◽  
Secondary Data ◽  
Financial Ratio ◽  
Leverage Ratio ◽  
Financial Ratio Analysis ◽  
Management Ratio ◽  
Assets Management

The rapid development of telecomunications industry has changed people’s views of the services communications. This is challenge for telecommunication providers so they must perform a variety ways that makes their company still exist in this industry. One way to do is by restructuring through acquisitions.This research aims is to analyzing the financial performance of PT. Smartfren Telecom Tbk pre and post acquisition. Data used in this research is secondary data that the company’s financial statement in 2010-2011. Method of analysis used in is financial ratio analysis such as liquidity ratio, leverage ratio, asset management ratio, and profitability ratio.The research find that financial performance of PT. Smartfren Telecom Tbk shows the positive impact that can be seen from:  ( i )  level of liquidity and profitability has improved to the post acquisition,  ( ii )  level of leverage has improved because until 2011 experienced a significant decline,  ( iii )  level of assets management is not good because it has decreased in 2011. Thus it can be concluded that the decision to carry out the acquisition demonstrate a positive impact for the company.Keywords: pre and post acquisiton, financial performance analysis, liquidity ratio, leverage ratio, assets management ratio, profitability ratio.

scholarly journals Analysis of Financial Performance Measurement Sharia Bank Using RGEC and SCnp (Shariah Conformity and Profitability) Model

2021 ◽  
Vol 1 (5) ◽  
Author(s):  
Saparuddin Siregar ◽  
Mutiara Shifa
Keyword(s):  
Data Analysis ◽  
Data Collection ◽  
Performance Measurement ◽  
Financial Performance ◽  
Quantitative Research ◽  
Research Data ◽  
Financial Ratios ◽  
Islamic Banks ◽  
Financial Reports ◽  
Analysis Technique

The problem in this study is how the financial performance problems of BUMN Islamic banks using the RGEC and SCnP models and the comparison of the two methods. This study aims to determine the financial performance of state-owned Islamic banks using the RGEC and SCnP models and to compare the two methods. The type of research that the author uses is quantitative research. Data collection techniques using documentation through financial reports obtained from the official website of PT. BRI Syariah Tbk, PT. BNI Syariah, and PT. Bank Mandiri Syariah. The data analysis technique uses financial ratios and Sharia Conformity and Profitability (SCP) as measured by indicators of sharia conformity and profitability. The results showed that PT. BRI Syariah, Tbk in 2017, 2018, and 2019 based on the RGEC method, respectively, were at a composite rank of 3, while in the SCnP Model, each PT. BRI Syariah, Tbk is in the LLQ, LRQ, and LRQ quadrants. For PT. BNI Syariah in 2017, 2018, and 2019 based on the RGEC method was ranked 2, 2, and 1, respectively, while in the SCnP Model, PT. BNI Syariah is in the ULQ, ULQ, and URQ quadrants. Then PT. Bank Syariah Mandiri in 2017, 2018, and 2019 based on the RGEC method was respectively ranked 2, 2, and 1, while in the SCnP Model, PT. Mandiri Syariah Bank is in the next LLQ, LRQ, and URQ quadrants.

scholarly journals Analisa Kinerja Keuangan Bank BUMN dan Bank Swasta Berdasarkan Rasio Keuangan

2021 ◽  
Vol 11 (2) ◽  
pp. 273-282
Author(s):  
Misral Misral ◽  
Sri Rahmayanti ◽  
Norra Isnasia Rahayu
Keyword(s):  
Financial Performance ◽  
Financial Ratios ◽  
Financial Reports ◽  
Final Project ◽  
Stage 4 ◽  
Private Banks ◽  
Purposive Sample

This final project discusses the comparison of the financial performance of state-owned banks and private banks based on financial ratios in the 2015-2019 period. The financial ratios used consist of CAR, NPL, NIM, BOPO, ROA, ROE, and LDR. The data used in this study were obtained from published financial reports for 2015 to 2019 published by the respective banks. After passing the purposive sample stage, 4 state-owned banks and 9 private banks were obtained as samples in this study. The results of this study explain that there are differences in the financial performance of state-owned banks and private banks as measured by financial ratios. State-owned banks have better performance in terms of ROE, ROA, CAR ratios, while private banks have better performance in terms of NPL, BOPO, LDR ratios.

scholarly journals Analisis Rasio Untuk Mengukur Kinerja Pada PT Bank Mandiri Persero Tbk (2015-2018)

2019 ◽  
Vol 3 (02) ◽  
Author(s):  
Ressa Sasongko ◽  
Burhanuddin Burhanuddin ◽  
Rochmi Widayanti
Keyword(s):  
Financial Performance ◽  
Asset Management ◽  
Secondary Data ◽  
Financial Statements ◽  
Financial Ratios ◽  
Short Term ◽  
Descriptive Research ◽  
Library Studies ◽  
Data Collection Technique ◽  
Research Types

Financial performance can demonstrate bank quality by going through the calculation of financial ratios The financial ratios of bank can be done by analyzing the financial statements published periodically. oaassess financial performanceain banking need to be aware of the analysis and cumulative financial impact. The purpose of this research is to determine the performance of Bank Mandiri listed at IDX using liquidity ratio, solvency and profitability in the years 2015-2018. The research methods in this study use descriptive research types. In this study the data used is secondary data, with Data collection. Technique that are documentation and library studies. From Bank Mandiri liquidity calculation, it shows good ratio or liquid. It can be seen from the current ratio, quick ratio, and cash ratio on Bank Mandiri's ability to meet the short term obligations have been made with good asset management, capital, and cash. The solvency of Bank Mandiri shows the ratio of good and solvable. It can be seen from the DAR and DER ratios that show declining year-to-year ratio. The profitability of Bank Mandiri shows fairly good ratio of figures despite the decline in 2016. Keywords: financial performance, financial ratios, analysis of financial statements

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