Pengaruh Net Profit Margin, Return On Equity, Dan Return On Asset Terhadap Perubahan Laba Pada Perusahaan Rokok Yang Terdaftar Di BEI Tahun 2018-2021

Abstract

This study aims to determine and analyze the effect of Net Profit Margin, Return On Equity, and Return On Assets partially on changes in profits of cigarette companies listed on the BEI in 2018-2021.

The theories used include the profitability ratio. This type of research is quantitative research using statistical analysis. The analytical tools used are multiple linear regression analysis, normality test, autocorrelation test, multicollinearity test, as well as coefficient test and t test.

Based on research, Net Profit Margin (NPM) has a significant effect on Changes in Profits of Cigarette Companies on the IDX in 2018-2021 while Return On Assets (ROA) and Return On Equity (ROE) have no significant effect on Changes in Profits of Cigarette Companies on the IDX in 2018-2021. Net Profit Margin (NPM) has a significant effect on changes in profit, the company is able to generate high profits from each sale of the company and or the company is able to make cost efficiency so that the company's profit growth will continue to increase. Return On Assets (ROA) and Return On Equity (ROE) have no significant effect on changes in company profits because the increase in Return On Assets (ROA) and Return On Equity (ROE) is not only caused by increased profits generated by the company, but can also be caused by a decrease in the total assets or equity of the company even though the profits generated tend to remain in the same period so that under these conditions the proportion of profits to total assets and equity increases, so that the effect is not significant on changes in company profits