The influence of gross profit margin, net profit margin, company size, and sales growth on profit growth (in manufacturing companies registered on bei in 2019-2022)
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Published:
Feb 29, 2024
Keywords:
Gross Profit Margin , Net Profit Margin, Company Size , Sales Growth , Profit Growth
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Abstract
The aim of the research is to analyze the influence of gross profit margin, net profit margin, company size and sales growth on profit growth (in manufacturing companies listed on the IDX in 2019-2022). The research was produced using secondary data and a purposive sampling method, namely the researcher carried out the best assessment to fulfill what had been determined, using a quantitative assessment approach, the total sample was 11 companies. The data was analyzed using multiple linear analysis techniques via the SPSS 23 application. The research results stated that GPM, NPM, company size and sales growth simultaneously and significantly influenced profit growth (in manufacturing companies listed on the BEI in 2019-2022). Gross Profit Margin, Net Profit Margin, Sales Growth have a partial and significant influence on Profit Growth (in manufacturing companies listed on the IDX in 2019-2022). Company size has no influence and is not partially significant on Profit Growth (in manufacturing companies listed on the IDX for the 2019-2022 period).
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How to Cite
Gulo, J., & Sembiring, J. C. (2024). The influence of gross profit margin, net profit margin, company size, and sales growth on profit growth (in manufacturing companies registered on bei in 2019-2022). ProBisnis : Jurnal Manajemen, 15(1), 77–86. https://doi.org/10.62398/probis.v15i1.421
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Effendy, O. H. P. D. S. A. A. (2020). Pengaruh Net Profit Margin Dan Debt To Equity Ratio Terhadap Harga Saham. Jurnal Akuntansi, 9(1), 24–36. https://doi.org/10.37932/ja.v9i1.93
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Muniarty, W. I. S. P. (2021). The Effect of Gross Profit Margin (GPM) on Profit Growth at the Indonesian Employee Cooperative (KPRI) Torch of Teachers Bima. Ilomata International Journal of Management, 2(2), 101–105. https://doi.org/10.52728/ijjm.v2i2.226
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Nasib, E. A. B. P. L. H. M. (2023). The Impact Of Npm, Roi, Roe And Cash Ratio On Financial Distress (Study Of Manufacturing Companies In The Consumption Goods Industrial Sector Listed On The Indonesia Stock Exchange In 2019 - 2021). Jurnal Ekonomi, 12(02), 888–899.
Ningrum, N. R. Y. S. A. F. (2023). The Influence Of Capital Structure And Company Size On Financial Performance On The Construction And Building Sub Sector Listed On IDX 2016-2020. Jurnal Penelitian Ekonomi Dan Akuntansi (JPENSI), 8(1), 88–94.
Nugraha, T. N. N. N. M. (2020). Profit Growth : Impact of Net Profit Margin, Gross Profit Margin and Total Assests Turnover. International Journal of Finance & Banking Studies, 9(4), 87–96. https://doi.org/10.20525/ijfbs.v9i4.937
Rinanda, R. N. S. N. T. (2021). Stock Price Prediction Model On Automotive Companies And Its Components Listed On The Indonesia Stock Exchange. International Journal of Science, Technology & Managemen, 6(2), 1723–1730.
Rusiadi, Nur Subiantoro, R. H. (2014). Metode Penelitian Manajemen, Akuntansi dan Ekonomi Pembangunan (Konsep, Kasus dan Aplikasi SPSS, Eviews, Amos, Lisres). USU Press.
Sholeha, I. (2023). The Influence of Capital Structure, Profit Growth, Profitability and Company Size on the Quality of Earnings. Scientia, 2(1), 53–62. https://doi.org/10.51773/sssh.v2i1.133
Siagian, L. H. H. (2022). The Effect of Gross Profit, Operating Profit and Net Profit on Future Cash Flow Prediction at the Company of Telecommunications Sub Sector on IDX in 2014-2019. Ekonomis: Journal of Economics and Business, 6(1), 348. https://doi.org/10.33087/ekonomis.v6i1.516
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Solihin, I. K. D. D. (2020). Pengaruh Current Ratio Dan Net Profit Margin Terhadap Harga Saham Pada Perusahaan Makanan Dan Minuman Yang Terdaftar Di Bursa Efek Indonesia (Bei) Periode 2015-2018. Jurnal Ilmiah Feasible (JIF), 2(2), 183–191. https://doi.org/10.32493/fb.v2i2.2020.183-191.6231
Suaryana, I. G. I. G. A. (2020). The Effect of Company Sizes, Sales Growth, And Profitability On Firm Values. American Journal of Humanities and Social Sciences Research, 4(6), 265–271. www.ajhssr.com
Sugiono. (2012). Metode Penelitian Kuantitatif Kualitatif dan R&D. Alfabeta.
Tholok, S. F. W. (2022). Effect Of Gross Profit Margin, Return On Assets And Current Ratio On Profit Growth In Property And Real Estate Subsector Companies Listed On The Indonesia Stock Exchange For The Period 2016-2020. EMABI : Ekonomi Dan Manajemen Bisnis, 1(2), 311–321. https://jurnal.ubd.ac.id/index.php/emabi
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Wibowo, N. R. L. S. M. A. P. A. T. S. (2023). The Effect of Firm Size and Sales Growth on Profitability Mediated by Capital Structure. Kontigensi : Jurnal Ilmiah Manajemen, 11(1), 105–114. https://doi.org/10.56457/jimk.v11i1.328
Widyastari, E. A. B. N. N. (2023). Effect of Net Profit Margin, Sales Growth, Profitability on Dividens Pay-Out Ratio with Managerial Ownership as Moderation. Jurnal Keuangan Dan Perbankan, 27(1), 2443–2687. https://doi.org/10.26905/jkdp.v27i1.9053
Winarningsih, N. H. S. (2020). The Effect of Net Profit Margin and Return on Equity Toward Profit Growth. Moneter - Jurnal Akuntansi Dan Keuangan, 7(2), 198–204. https://doi.org/10.31294/moneter.v7i2.8701
Asyik, K. N. F. (2022). the Effect of Financial Performance on Profit Growth of Lq45 Companies Listed on the Indonesia Stock Exchange. 2nd International Conference on Business & Social Sciences, 361–370.
Bachtiar, S. H. E. A. P. A. Z. A. Y. (2021). Loan to Deposit Ratio, Risiko Kredit, Net Interest Margin dan Profitabilitas Bank. AFRE (Accounting and Financial Review), 4(1), 146–154. https://doi.org/10.26905/afr.v4i1.6154
Dewi, B. I. S. R. K. (2020). Pengaruh Net Interest Margin (NIM) Terhadap Return on Asset (ROA) Pada PT Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk Periode 2013-2017. Jurnal E-Bis (Ekonomi-Bisnis), 4(1), 78–87. https://doi.org/10.37339/e-bis.v4i1.239
Dharmani, T. M. M. W. I. G. . A. N. (2020). The Impact of Current Ratio, Debt to Equity Ratio, Net Profit Margin, and Total Asset Turnover Towards The Profit Changes Of Mining Companies Listed On Indonesia Stock Exchange Period 2016-2018. Quantitative Economics and Management Studies, 1(2), 171–180. https://doi.org/10.35877/454ri.qems89
Effendy, O. H. P. D. S. A. A. (2020). Pengaruh Net Profit Margin Dan Debt To Equity Ratio Terhadap Harga Saham. Jurnal Akuntansi, 9(1), 24–36. https://doi.org/10.37932/ja.v9i1.93
Harinuddin, E. (2023). Global Phenomenon of Performance And Profit Growth on Stock Price of LQ-45 Companies In Indonesia During The Covid 19 Pandemic . Jurnal Keuangan Dan Perbankan (KEBAN), 02(2), 14–29.
Herawat, J. H. R. H. K. H. (2022). Implications of company size, company growth, institutional ownership, profitability and previous audit opinions on going concern audit acceptance. Wiga : Jurnal Penelitian Ilmu Ekonomi, 12(2), 139. https://doi.org/10.30741/wiga.v12i2.823
Inayati, Z. I. S. W. E. H. N. I. (2022). the Influence of Sales Growth, Profitability, Dividend Policy, and Liquidity Toward Changes in Profit. Jurnal Mahasiswa Manajemen Dan Akuntansi, 1(2), 47–58. https://doi.org/10.30640/jumma45.v1i2.322
Irawati, G. S. G. (2023). the Influence of Current Ratio, Return on Assets, Gross Profit Margin, Total Asset Turnover, and Company Size on Profit Growth At Pt. Unilever Indonesia Tbk. Jurnal Manajemen Dan Bisnis, 12(1), 94–107. https://doi.org/10.34006/jmbi.v12i1.545
Kartini, S. H. P. R. N. I. (2023). The effect of sales growth and profitability on profit changes in pharmaceutical companies listed on the IDX in 2014-2021. Ijafibs, 11(1), 1–11. www.ijafibs.pelnus.ac.id
Khaddafi, M. M. (2020). The Influence of Gross Profit Margin, Operating Profit Margin and Net Profit Margin on the Stock Price of Consumer Good Industry in the Indonesia Stock Exchange on 2012-2014. International Journal of Business, Economics, and Social Development, 1(3), 153–163. https://doi.org/10.46336/ijbesd.v1i3.53
Lestari, I. (2019). Keuangan & Perbankan (Issue July 2020). CV. Sadari. https://www.academia.edu/download/63341955/Buku_Keuangan___Perbankan_Final20200517-129815-j80w6s.pdf
Mahiri, L. Z. N. E. A. (2022). Enrichment: Journal of Management is Licensed under a Creative Commons Attribution-NonCommercial 4.0 International License (CC BY-NC 4.0) Enrichment: Journal of Management The Effect Of Sales Growth And Company Size On Profitability (Study On Food Sub-Sec. Enrichment: Journal of Management, 12(2), 2409–2418.
Mesyani, Y. M. E. (2023). Effect of Sales Growth, Profitability, Liquidity, and Leverage on Profit Growth. Jurnal Akuntansi Dan Pajak, 24(01), 1–7.
Muniarty, W. I. S. P. (2021). The Effect of Gross Profit Margin (GPM) on Profit Growth at the Indonesian Employee Cooperative (KPRI) Torch of Teachers Bima. Ilomata International Journal of Management, 2(2), 101–105. https://doi.org/10.52728/ijjm.v2i2.226
Mustofa, A. K. (2021). Pengaruh Net Profit Margin Dan Return On Asset Terhadap Harga Saham Pt Adhi Karya Persero Tbk Periode 2009 - 2020. JURNAL ILMIAH FEASIBLE: Bisnis, Kewirausahaan & Koperasi, 4(1), 50–51.
Nasib, A. S. A. D. (2019). Pengaruh Firm Size Dan Leverage Ratio Terhadap Kinerja Keuangan Pada Perusahaan Pertambangan. JWEM STIE Mikroskil, 9(April), 13–20.
Nasib, E. A. B. P. L. H. M. (2023). The Impact Of Npm, Roi, Roe And Cash Ratio On Financial Distress (Study Of Manufacturing Companies In The Consumption Goods Industrial Sector Listed On The Indonesia Stock Exchange In 2019 - 2021). Jurnal Ekonomi, 12(02), 888–899.
Ningrum, N. R. Y. S. A. F. (2023). The Influence Of Capital Structure And Company Size On Financial Performance On The Construction And Building Sub Sector Listed On IDX 2016-2020. Jurnal Penelitian Ekonomi Dan Akuntansi (JPENSI), 8(1), 88–94.
Nugraha, T. N. N. N. M. (2020). Profit Growth : Impact of Net Profit Margin, Gross Profit Margin and Total Assests Turnover. International Journal of Finance & Banking Studies, 9(4), 87–96. https://doi.org/10.20525/ijfbs.v9i4.937
Rinanda, R. N. S. N. T. (2021). Stock Price Prediction Model On Automotive Companies And Its Components Listed On The Indonesia Stock Exchange. International Journal of Science, Technology & Managemen, 6(2), 1723–1730.
Rusiadi, Nur Subiantoro, R. H. (2014). Metode Penelitian Manajemen, Akuntansi dan Ekonomi Pembangunan (Konsep, Kasus dan Aplikasi SPSS, Eviews, Amos, Lisres). USU Press.
Sholeha, I. (2023). The Influence of Capital Structure, Profit Growth, Profitability and Company Size on the Quality of Earnings. Scientia, 2(1), 53–62. https://doi.org/10.51773/sssh.v2i1.133
Siagian, L. H. H. (2022). The Effect of Gross Profit, Operating Profit and Net Profit on Future Cash Flow Prediction at the Company of Telecommunications Sub Sector on IDX in 2014-2019. Ekonomis: Journal of Economics and Business, 6(1), 348. https://doi.org/10.33087/ekonomis.v6i1.516
Soewarso, M. (2023). The Effect of Company Size, Investment Decisions and Capital Structure on Company Value of Mining Companies Listed on the Indonesia Stock Exchange for the …. Indonesian Journal of Banking and …, 1(1), 1–9. https://journal.formosapublisher.org/index.php/fintech/article/view/2825%0Ahttps://journal.formosapublisher.org/index.php/fintech/article/download/2825/2416
Solihin, I. K. D. D. (2020). Pengaruh Current Ratio Dan Net Profit Margin Terhadap Harga Saham Pada Perusahaan Makanan Dan Minuman Yang Terdaftar Di Bursa Efek Indonesia (Bei) Periode 2015-2018. Jurnal Ilmiah Feasible (JIF), 2(2), 183–191. https://doi.org/10.32493/fb.v2i2.2020.183-191.6231
Suaryana, I. G. I. G. A. (2020). The Effect of Company Sizes, Sales Growth, And Profitability On Firm Values. American Journal of Humanities and Social Sciences Research, 4(6), 265–271. www.ajhssr.com
Sugiono. (2012). Metode Penelitian Kuantitatif Kualitatif dan R&D. Alfabeta.
Tholok, S. F. W. (2022). Effect Of Gross Profit Margin, Return On Assets And Current Ratio On Profit Growth In Property And Real Estate Subsector Companies Listed On The Indonesia Stock Exchange For The Period 2016-2020. EMABI : Ekonomi Dan Manajemen Bisnis, 1(2), 311–321. https://jurnal.ubd.ac.id/index.php/emabi
Wibawa, G. P. S. N. G. D. T. A. (2023). Profit Growth of Banking Companies Listed on Idx: Total Asset Turnover, Risk Profile and Gross Profit Margin. Akurasi : Jurnal Studi Akuntansi Dan Keuangan, 6(2), 515–529. https://doi.org/10.29303/akurasi.v6i2.436
Wibowo, N. R. L. S. M. A. P. A. T. S. (2023). The Effect of Firm Size and Sales Growth on Profitability Mediated by Capital Structure. Kontigensi : Jurnal Ilmiah Manajemen, 11(1), 105–114. https://doi.org/10.56457/jimk.v11i1.328
Widyastari, E. A. B. N. N. (2023). Effect of Net Profit Margin, Sales Growth, Profitability on Dividens Pay-Out Ratio with Managerial Ownership as Moderation. Jurnal Keuangan Dan Perbankan, 27(1), 2443–2687. https://doi.org/10.26905/jkdp.v27i1.9053
Winarningsih, N. H. S. (2020). The Effect of Net Profit Margin and Return on Equity Toward Profit Growth. Moneter - Jurnal Akuntansi Dan Keuangan, 7(2), 198–204. https://doi.org/10.31294/moneter.v7i2.8701