ANALISIS KINERJA KEUANGAN DENGAN MENGGUNAKAN METODE DU PONT SYSTEM PADA PT ESTIKA TATA TIARA, TBK YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstrak

Financial performance is an important indicator in assessing the success of resource management and business strategy, which can be analyzed effectively through the Du Pont System method to describe the factors that influence ROE such as profitability, asset efficiency, and capital structure. The purpose of this study is: To determine the description of the financial performance of the assessed by Du Pont System analysis and to determine what factors caused the decline in financial performance at PT Estika Tata Tiara, Tbk listed on the Indonesia Stock Exchange. This study was conducted using qualitative and quantitative data. The object of the study is the financial statements of PT Estika Tata Tiara, Tbk listed on the Indonesia Stock Exchange which have been audited for the period 2019-2023. The analysis technique consists of qualitative descriptive analysis techniques and inductive analysis techniques. The results of the study indicate that the financial performance of PT Estika Tata Tiara, Tbk in the period 2019-2023 is known that Net Profit Margin, Assets Turnover, Equity Multiplier has decreased, while Return On Assets and Return On Equity have increased, which is caused by a decrease in net sales, total assets, and equity. Therefore, companies are advised to focus on increasing profitability to drive revenue, equity, and value for shareholders.