PENGARUH RETURN ON ASSET (ROA) DAN RETURN ON EQUITY (ROE) TERHADAP RETURN SAHAM PADA PT CATUR SENTOSA ADIPRANA TBK PERIODE TAHUN 2013-2022
Abstract
This research aims to find out the impact of Return on Asset (ROA) and Return On Equity (ROE) on the Return of Shares in PT. Chatur Sentosa Adiprana Tbk. Period 2013-2022 both a partial ceremony and simultaneously. The independent variables used in the study are Return on Asset (ROA) and Return On Equity (ROE) while the dependent variables that are used in this study are Stock Return. The research method used in this research is quantitative. The type of data used in this research is secondary data. Population in this study is the financial report of PT. Chatur Sentosa Adiprana Tbk. Period 2013-2022. The sample used in the research is the balance sheet report, loss and share price summary of PT Chatur Sentosa Adiprana Tbk. Data analysis techniques used are descriptive analysis tests, classical assumption tests, double linear regression tests, hypothesis tests and determination coefficient tests with SPSS 26 application. The initial results showed that partially Return On Asset has no significant influence on the return of shares where 1.045 < ttable 1.89458 with a significance value of 0.331 > 0.05. partially the return on equity has no major influence over return of stocks where -0.249 < t table 1.89 458 with the significance of 0.811 > 05. Simultaneously, Return on Asset and ReturnOn Equity have a significant impact on return of stock where the value of Fcalung 7.644 > Ftable 4.737 with a signification value of 0.01 < 0.05. To improve the return on assets and return on equity through a strategy to increase profits, improve operational efficiency, make strategic investments.
References
Azis, et.al. (2015). Manajemen Investasi: Fundamental, Teknikal, Perilaku Investor dan Return Saham. Yogyakarta. Deepublish.
Abdillah, Willy dan Jogiyanto. (2015). Partial Least Square (PLS) Alternatif Structural Equation Modeling (SEM) dalam Penelitian Bisnis. Ed.1. Yogyakarta: ANDI
Dr. Kasmir. (2015), Analisis Laporan Keuangan. Jakarta: Rajawali Pers
Kasmir. (2016). Analisis Laporan Keuangan. Jakarta: Raja Grafindo Persada.
Kasmir. (2020). ANALSIS LAPORAN KEUANGAN (Revisi). Jakarta: PT RajaGrafindo Persada.
Mohamad, Samsul. (2015). Pasar Modal dan Manajemen Portofolio, Edisi 2. Jakarta: Erlangga.
Pratama, A., Syamsuddin, R. A., Maulida, H., & Nuraidawati, S. (2022). ANALISIS LAPORAN KEUANGAN. Tangerang Selatan: Unpam Press.
Prof. H. Imam Ghozali, M. C. (2018). APLIKASI ANALISIS MULTIVARIATE dengan Program IBM SPSS 26. Semarang: Badan Penerbit Universitas Diponegoro.
Shabrina, N., Nani, & Hapsari, A. (2022). Seminar Manajemen Keuangan. Tangerang Selatan: Unpam Press.
Sugiyono. (2014). Metode Penelitian Pendidikan Pendekatan Kuantitatif, Kualitatif, dan R&D. Bandung: Alfabeta.
Sugiyono, (2017). Metode Penelitian Kuantitatif, Kualitatif, dan R&D. Bandung: CV. Alfabeta.
Sugiyono. (2018). Metode Penelitian Kombinasi (Mixed Methods). Bandung: CV Alfabeta.
Sugiyono (2019). Metode Penelitian Kuantitatif, Kualitatif, dan R&D. Bandung : Alphabet.
Fitriyani, I., & Ajimat. (2021). Pengaruh Debt To Equity Ratio, Net Profit Margin, Inflasi, Nilai Tukar Rupiah Terhadap Return Saham. Sakuntala , 629-644.
Kusjono, G., & Defitarani, S. (2022). Pengaruh Debt To Equity Ratio Dan Debt To Asset Ratio Terhadap Return On Asset Pada PT Kalbe Farma Tbk Periode 2009-2019. Jurnal Disrupsi Bisnis, 141-150.
Kusmawati, Y. (2022). Pengaruh Return On Asset Dan Return On Equity Terhadap Earning Per Share Yang Berdampak Pada Harga Saham Pada PT Holcim Indonesia Tbk Periode Tahun 2011-2020. Jurnal Ekonomi Efektif, 73-84.
Nur’aidawati, S. (2018). Pengaruh current ratio (cr), total asset turnover (tato), debt to equity ratio (der) dan return on asset (roa) terhadap harga saham dan dampaknya pada nilai perusahaan. JURNAL SEKURITAS, 70 - 83.
Nurmasari, I. (2017). Analisis Current Ratio, Return On Equity, Debt To Equity Ratio Dan Pertumbuhan Pendapatan Berpengaruh Terhadap Return Saham Pada Perusahaan Pertambangan Di Bursa Efek Indonesia 2010-2014. Jurnal Kreatif, 112 - 131.
Nuryani, A., & Karolina. (2022). Pengaruh non Performing Financing (NPF) dan dana pihak ketiga terhadap Financing to Deposit Ratio (FDR) serta implikasinya terhadap Return Saham di BTPN Syariah 2019-2021. Jurnal Ilmiah Manajemen Forkamma, 265-273.
Octovian, R., & Winarsa, R. H. (2021). Pengaruh Current Ratio (Cr), Return On Assets (Roa) Dan Debt To Equity Ratio (Der) Terhadap Return Saham Perusahaan Sub Sektor Industri Kimia Yang Terdaftar Di Bursa Efek Indonesia Periode 2014-2018. Jurnal Semarak, 70-79.
Oktavianna, R., Saputri, S. W., & Benarda. (2023). Pengaruh Kebijakan Dividen Dan Firm Size Terhadap Return Saham. Prosiding SENANTIAS, 909-920.
Sajidah, S. M. (2021). Pengaruh Profitabilitas Dan Likuiditas Terhadap Return Saham Pada Pt Bfi Finance Indonesia, Tbk Periode Tahun 2013 – 2019. HUMANIS (Humanities, Management, and Science Proceeding), 862-872.
