Analysis of Factors Affecting Profitability in Automotive and Component Sub-Sector Companies on the Indonesia Stock Exchange 2018 – 2022
The purpose of this study is to determine the factors that affect profitability in automotive and component sub-sector companies on the Indonesia Stock Exchange in 2018-2022. The dependent variable in this study is profitability while the independent variables in this study are liquidity, solvency and model structure. The population in this study is automotive and component sub-sector companies listed on the Indonesia Stock Exchange with a total population of 15 companies. This study uses purposive sampling technique with a sample size of 9 companies. The data used in this study are secondary data. The data analysis technique used is multiple linear regression analysis whose calculations use IBM SPSS 24 software. The results showed that liquidity, solvency and model structure had a positive and significant effect on profitability in automotive and component companies on the Indonesia Stock Exchange.