Du Pont System Analysis With Time Series Approach (TSA) and Cross Sectional Approach (CSA) to Assess Company's Financial Performance on Basic Materials Manufacturing Companies Listed on IDX 2016-2020

Authors

  • Sunhaji Sunhaji Universitas Pamulang
  • Yanuar Triwibowo Universitas Pamulang
  • Syam Rendy Universitas Pamulang
  • Toifah Toifah Universitas Pamulang
  • Nardi Sunardi Universitas Pamulang

Abstract

This study aims to determine the financial performance of industrial companies in the basic materials sector in Indonesia which are listed o the Indonesia Stock Exchange for the 2016-2020 period using the Du Pont System approach. The results showed that PT. Aneka Gas Industri (Persero) Tbk on average 2.471% greater than the industry average of 2.231% said to be performing well, PT. Aneka Tambang (Persero) Tbk on average 1.241% smaller than the industry average of 2,231 said to be underperforming, PT. Duta Pertiwi Nusantara (Persero) Tbk. an average of 1.222% smaller than the industry average of 2,231 said to be underperforming, PT. Ekadharma International (Persero) Tbk on average 3.990% greater than the industry average of 2,231 said to be performing well, PT. Fajar Surya Wisesa (Persero) Tbk on average 3.702% greater than the industry average of 2,231 said to be performing well, PT. Champion Pacific Indonesia (Persero) Tbk an average of 6.410% greater than the industry average of 2,231 said to be performing well, PT. Intanwijaya Internasional (Persero) Tbk an average of 2.371% greater than the industry average of 2,231 said to be performing well, PT. Indocement Tunggal Prakarsa (Persero) Tbk averaged 2.706% greater than the industry average 2,231 said to be performing well, PT. Steel Pipe Industry of Indonesia (Persero) Tbk averaged 1.369% less than the industry average 2,231 were said to be performing not good, PT. Lautan Luas (Persero) Tbk on average 2.712% greater than the industry average 2,231 said to be performing well, PT. Semen Baturaja (Persero) Tbk on average 1.071% smaller than the industry average 2,231 said underperforming, PT. Semen Indonesia (Persero) Tbk an average of 2.299% greater than the industry average of 2,231 said to be performing well, PT. Suparma (Persero) Tbk an average of 2.814% greater than the industry average of 2,231 said performing well, PT. Indo Acidatama (Persero) Tbk averaged 2.266% greater than the industry average 2,231 said to be performing well, PT. Trias Sentosa (Persero) Tbk averaged 1.158% smaller than the industry average 2,231 said underperforming, and PT. Wijaya Karya Beton (Persero) Tbk on average 2.585% greater than the industry average of 2,231 is said to be performing well. Analysis of Du Pont System by Cross-Sectional Approach (CSA) in basic material sector industrial companies in Indonesia is 2.231%. This shows that overall it is said to be performing Good.

 Keywords:   Du Pont System, Corporate Financial Performance, Industrial Companies, Basic Materials Sector

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Published

2021-12-21

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Vol. 2 No. 1 (2021): HUMANIS (Humanities, Management and Science Proceedings)

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