Comparative Analysis of Financial Performance Of Automotive Subsector Companies on The Indonesia Stock Exchange Before and During The PPnBM Policy

Dublin Core

Title

Comparative Analysis of Financial Performance Of Automotive Subsector Companies on The Indonesia Stock Exchange Before and During The PPnBM Policy

Creator

Meilin Veronica, Isnurhadi, Muizzuddin

Proceedings Item Type Metadata

meta_title

Comparative Analysis of Financial Performance Of Automotive Subsector Companies on The Indonesia Stock Exchange Before and During The PPnBM Policy

Abstract/Description

This study aims to analyze the comparison of financial performance of automotive subsector companies listed on the Indonesia Stock Exchange (IDX) before and during the implementation of the Luxury Goods Sales Tax (PPnBM) policy. The PPnBM policy was established as a stimulus to encourage the sale of motor vehicles that experienced a significant decline due to the pandemic. The research method used is quantitative analysis with a comparative approach, where the company's financial data is analyzed using financial ratios such as Gross Profit Margin, Current Ratio, Debt To Equity Ratio, and Total Assets Turn Over. The data used are the financial statements of automotive companies for the period before (2018–2020) and during the implementation of the PPnBM policy (2021-2023). The research results show that there is no significant difference in financial performance before and after the PPnBM policy from the calculations of Gross Profit Margin and Current Ratio. Debt To Equity Ratio and there is a significant difference in the Total Assets Turnover ratio.

publication_date

2025/06/15

pdf_url

https://insyma.org/proceedings/files/articles/Meilin Veronica.pdf

abstract_html_url

https://insyma.org/proceedings/items/show/342

keywords

Financial Performance, Gross Profit Margin, Current Ratio, Debt To Equity Ratio, and Total Assets Turnover

firstpage

181

lastpage

185

issn

3047-857X

conference

Proceedings of the International Symposium on Management (INSYMA)

Volume

22

publisher_name

Fakultas Bisnis dan Ekonomika, Universitas Surabaya

Author #1

Meilin Veronica

Author #2

Isnurhadi

Author #3

Muizzuddin

no article

31

authors

Meilin Veronica, Isnurhadi, Muizzuddin

Files

Meilin Veronica.pdf

Citation

Meilin Veronica, Isnurhadi, Muizzuddin, “Comparative Analysis of Financial Performance Of Automotive Subsector Companies on The Indonesia Stock Exchange Before and During The PPnBM Policy,” Proceedings of the International Symposium on Management (INSYMA), accessed July 1, 2025, https://insyma.org/proceedings/items/show/342.

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