The Influence Of Financial Performance In Predicting Profit Growth In PT. SEPATU BATA, Tbk Listed On BEI In The Period Of 2012-2017
Erwin Bachtiar Hamzah1, Alberta Esti Handayani2, Didik Tugas Suprianto3
Abstract
This study aims to determine the effect of financial performance on profit growth listed on the Indonesia Stock Exchange. Financial performance in this study is described in several variables, namely NPM (Net Profit Margin), ROI (Return On Investment), and ROE (Return On Equity). The greetings in this study were selected using the purposive sampling method in the footwear sub-sector manufacturing company listed on the Indonesia Stock Exchange (IDX), namely PT. Sepatu Bata Tbk. The analysis to determine the effect of financial performance on profit growth was carried out using multiple linear regression analysis. Based on the results of the study, it is known that NPM (Net Profit Margin) has a significant effect on profit growth because it has a significance value smaller than 0.05, which is 0.026, ROI (Return On Investment) has a significant effect on profit growth because it has a significance value smaller than 0.05, which is 0.025, and ROE (Return On Equity) has a significant effect on profit growth because it has a significance value smaller than 0.05, which is 0.028. Based on the conclusion, it is recommended that PT. Sepatu Bata, Tbk should focus more on improving the achievement of the company’s goals, namely, gaining profits, so that investors and potential investors are interested in investing in the company’s shares