Return on Asset Analysis in Assessing Performance: Transforming Organizational Financial Performance

Achmad Febrianto; Ayu Aisyatun Nabila

doi:10.61987/jemr.v4i2.1031

Authors

Achmad Febrianto Universitas Nurul Jadid
Ayu Aisyatun Nabila Universitas Nurul Jadid

DOI:

https://doi.org/10.61987/jemr.v4i2.1031

Keywords:

Return on Asset, Financial Performance, Financial Management

Abstract

This study evaluates the financial performance of Bank Negara Indonesia Tbk through an analysis of Return on Assets (ROA), with implications for management education. The method employed is a descriptive quantitative approach utilizing secondary data from financial statements published through the Indonesia Stock Exchange. ROA is calculated using the standard formula (Net Income/Total Assets) × 100% to measure the effectiveness of asset utilization in generating profitability. The results reveal a highly impressive performance transformation, with ROA increasing from a low of 0.37% in 2020 to 2.00% in 2023, surpassing the banking industry standard of 1.5%. Net income experienced a remarkable expansion of 664%, from Rp 3,280,403 million to Rp 21,779,523 million, while total assets steadily grew by 21.9%, from Rp 891,337,425 million to Rp 1,086,663,986 million. The 5.4-fold increase in ROA indicates highly effective asset management optimization. The study concludes that Bank Negara Indonesia Tbk demonstrated exceptional resilience in facing the COVID-19 pandemic crisis and successfully leveraged the economic recovery momentum to achieve outstanding performance. Implications for education management: This research emphasizes the importance of strategic management and financial analysis, which can be integrated into management education to equip future leaders with the skills necessary to navigate crises and optimize resource utilization effectively.

References

Agnesia, T., & Situngkir, T. L. (2023). Analisis ROA dan ROE terhadap kinerja keuangan pada PT. Bank Negara Indonesia (BNI) periode 2017-2021. ISOQUANT: Jurnal Ekonomi, Manajemen dan Akuntansi, 7(1), 1–13. https://doi.org/10.24269/iso.v7i1.1620

Akuntansi, Jurnal, & Ahmad, A. W. (2025). Dampak pandemi COVID-19 terhadap kinerja keuangan perusahaan ritel: Studi perbandingan pra dan pasca pandemi (studi kasus PT Supra Boga Lestari Tbk di BEI Jakarta tahun 2018-2023). Jurnal, 4(1).

Andriani, W. (2024). Menilai kinerja keuangan perbankan syariah di Bursa Efek Indonesia: Pendekatan analisis rasio dan common size. Jurnal, 6(2), 17–33.

Dea Raisa Oma Putri, W. I. Mursalini, & Nasrah, R. (2022). Analisis prediksi kebangkrutan menggunakan model Springate (S-Score) pada perusahaan sub sektor ritel di Bursa Efek Indonesia 2016-2020. GEMILANG: Jurnal Manajemen dan Akuntansi, 3(1), 1–20. https://doi.org/10.56910/gemilang.v3i1.297

Erdem, D., & Rojahn, J. (2022). The influence of financial literacy on financial resilience–New evidence from Europe during the COVID-19 crisis. Managerial Finance, 48(9/10), 1453-1471.

Fawaiz, A., Fakultas Syari, Ekonomi Islam, & Universitas Ibrahimy. (2024). Kepuasan masyarakat: Perubahan minat beli konsumen terhadap manajemen bisnis online.

Fitriyana, M. (2022). Strategi pengelolaan keuangan UMKM dalam menghadapi era transisi pandemi Covid-19. Journal Competency of Business, 6(01), 163–172. https://doi.org/10.47200/jcob.v6i01.1314

Hu, C., Yun, K. H., Su, Z., & Xi, C. (2022). Effective crisis management during adversity: organizing resilience capabilities of firms and sustainable performance during COVID-19. Sustainability, 14(20), 13664.

Najiburrahman, N., Zamroni, Z., Mundiri, A., Fahmadia, P., & Maulida, D. (2025). Quality of Service and Customer Satisfaction from ROI in Pesantren : A BPS-Mediated Study. TEM Journal, 14(2), 1260–1268. https://doi.org/10.18421/TEM142

Nasution, T. (2021). Kebijakan pariwisata Indonesia pada era pandemi Covid-19. Jurnal Analis Kebijakan, 5(2), 149–165. https://doi.org/10.37145/jak.v5i2.487

Nugroho, W., Silaen, M., & Parhusip, A. (2024). Optimalisasi return on asset (ROA) dan return on equity (ROE) untuk meningkatkan daya saing perbankan di Bursa Saham. Jurnal, 1(4), 184–198.

Oleh, D., & Vinori, J. (2024). Pengaruh CAR, FDR dan BOPO terhadap ROA dengan firm size sebagai variabel moderasi (studi pada bank umum syariah tahun 2017-2023). Proposal, 210503110036.

Poernomo, H., & Winarto, O. P. (2023). Pengaruh non performing loan (NPL) dan restrukturisasi kredit terhadap profitabilitas dan BOPO pada perusahaan perbankan umum konvensional yang terdaftar di OJK selama Covid-19. Business and Accounting Education Journal, 3(3), 315–328. https://doi.org/10.15294/baej.v4i3.76463

Rahmadi, S. A., M. Pd. I. (2011). Pengantar metodologi penelitian. Journal of Physics A: Mathematical and Theoretical, 44. https://idr.uin-antasari.ac.id/10670/1/PENGANTAR%20METODOLOGI%20PENELITIAN.pdf

Restika, R., & Sonita, E. (2023). Tantangan keamanan siber dalam manajemen likuiditas bank syariah: Menjaga stabilitas keuangan di era digital. Krigan: Journal of Management and Sharia Business, 1(2), 25. https://doi.org/10.30983/krigan.v1i2.7929

Rustan, D. M., & Gunawan, A. (2024). Analisis laporan keuangan untuk mengukur kinerja keuangan pada PT. Bank Neo Commerce Tbk. Journal of Economic Education and Entrepreneurship Studies, 5(2), 317–333.

Saputra, M. A., & Novita. (2023). Sistem pengendalian internal berdasarkan COSO framework. Jurnal Riset Akuntansi Politala, 6(1), 197–210.

Sudarmanto, E., Astuti, I., Kato, I., Parulian Simarmata, E. B. H., Yuniningsih, I., Nugrahini, I., Susantinah, W., & Siagian, V. (2021). [III.A.1.a.2.9] FullBook Manajemen Risiko Perbankan.

Sugiri, D. (2020). Analisis kinerja PT. Bank Pembangunan Daerah Sumatera Selatan dan Bangka Belitung. Jurnal Manajemen dan Bisnis, 9(1), 82–88. https://doi.org/10.53812/jmb.v9i1.13

Tripermata, L., Yeni, Y., & Hartati, L. (2023). Analisis rasio kesehatan bank (CAR) terhadap return on assets pada bank-bank umum di Indonesia. Jurnal Ecoment Global, 8(1), 43–47. https://doi.org/10.35908/jeg.v8i1.2931

Wang, R. (2024). Safeguarding Enterprise Prosperity: An In-depth Analysis of Financial Management Strategies. Journal of the Knowledge Economy, 1-29.