ANALYSIS OF INTERNAL FACTORS AFFECTING SHARE PROFITABILITY

Abstract

In this article, the influence of internal factors on the share return of real sector enterprises operating in Uzbekistan is analyzed. In the selection of objects for research, 7 enterprises leading in terms of the number of transactions on the stock exchange were selected, including “Kvarts” JSC (KVTS), "Kizilqumsement" JSC (QZSM), “Ko'kan Mechanika Zavodi” JSC (KUMZ), “Uzbekistan Metallurgical Combine” JSC (UZMK), “Almalik Mine-Metallurgical Combine” JSC (AGMK), “Toshneftegazkurilish” JSC (TNGK) and “Kogon Oil Extraction Plant” JSC (KYEZ). As internal factors, the return on assets, return on capital, solvency, net profit margin, financial leverage and current liquidity indicators of these enterprises were taken from the data of the first quarter of 2016 to the data of the second quarter of 2024. To evaluate the influence of these factors, linear models based on panel data, PLS, FE and RE models were used.