THE ROLE OF THE DU PONT SYSTEM IN ASSESSING THE FINANCIAL PERFORMANCE OF PT. KEDOYA ADYARAYA, TBK

Abstract

The purpose of this study is to determine the financial performance of PT. Kedoya
Adyaraya Tbk. from 2020 to 2024 using the du pont system method. The data used
in this study are financial statements from 2020 to 2024. The data analysis method
used is descriptive analysis. From the data analysis conducted on the financial
statements for the last five years using the du pont system method, PT. Kedoya
Adyaraya Tbk. showed fluctuating financial performance during 2020-2024. This can
be seen from the fluctuating Return on Equity during this period. This fluctuating
Return on Equity was caused by several factors, including fluctuations in Return on
Investment and Net Profit Margin. Inefficiency also occurred in Total Asset
Turnover, which, despite an increase, was still below the industry standard.
However, the Equity Multiplier was above the industry standard with fluctuating
values, indicating dynamics in the total value of assets and equity.