ANALISIS PENGARUH RETURN ON ASSET, RETURN ON EQUITY DAN NET PROFIT MARGIN TERHADAP PERTUMBUHAN LABA (STUDI KASUS PADA PERUSAHAAN MANUFAKTUR SEKTOR INDUSTRI DASAR DAN KIMIA YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2015-2019)

Abstract

     The profit growth of a company may increase for the current year but can also decline for the following year. Because profit growth cannot be ascertained.It is necessary to have an analysis to predict profit growth rates. This study aims to determine the effect of Return On Asset, Return On Equity and Net Profit Margin on Profit Growth partially and simultaneously of basic and chemical industry companies that were listed in Indonesia stock exchange period 2015-2019.

      The sample selection used a purposive sampling method so that a sample of 43 companies was obtained in 2015-2019. The analysis tools used are The Classic Assumption Test, Multiple Llinear Regression Analyisis, Coefficient of Determination, t Test and f Test.

      The results of the simultaneous study (f test) state that Return On Asset (ROA), Return On Equity (ROE) and Net Profit Margin (NPM) have  a jointly significant effect on Profit Growth. While the result of the study partially (t test) state that ROA does not have a significant effect on Profit Growth, ROE has a significant effect on Profit Growth and NPM does not significant effect on Profit Growth.