Nama : Muhammad Gavra Anindya

Nim : 12030118130183

Return on Common Shareholder's Equity

Profit Margin for ROCE

Capital Structure Leverage

Asset Turnover

Current Ratio

Quick Ratio

Operating cash flow to current liabilities ratio

Accounts receivable turnover

Inventory turnover
Accounts payable turnover

Liabilities to Asset Ratio

Liabilities to Shareholder's Equity Ratio

Long-term Debt to Long-term Capital Ratio

Long-term Debt to Shareholder's Equity Ratio

Interest Coverage Ratio (Net Income Basis)

Interest Coverage Ratio (Cash Flow Basis)

Operating Cash Flow to Total Liabilities Ratio

X1
X2
X3

X4

X5
Z-Score

Return On Common Stock of a Particular Firm

POS

PENJUALAN NETO

BEBAN POKOK PENJUALAN

LABA BRUTO
Beban Penjualan
Beban Umum dan Administrasi
Pendapatan Lain-lain
Selisih Kurs Mata Uang Asing - Neto
LABA USAHA
Beban Keuangan
Pendapatan Keuangan
LABA SEBELUM PAJAK
MANFAAT (BEBAN) PAJAK PENGHASILAN
Pajak Kini
Pajak Tangguhan
Total Pajak Penghasilan
LABA TAHUN BERJALAN

PENGHASILAN KOMPREHENSIF LAIN

Pos yang Tidak akan Direklasifikasi ke Laba Rugi :
Pengukuran Kembali atas Program Imbalan Pasti
Selisih Revaluasi Aset Tetap Tanah
Selisih Revaluasi Properti Investasi
Pajak Penghasilan Terkait
Penyesuaian Lainnya
Pos yang akan Direklasifikasi ke Laba Rugi :
Selisih Kurs karena Penjabaran Laporan Keuangan
Pajak Penghasilan Terkait
Total Penghasilan Komprehensif Lain Setelah Pajak

JUMLAH LABA KOMPREHENSIF TAHUN BERJALAN

SETELAH EFEK PENYESUAIAN PROFORMA

EFEK PENYESUAIAN PROFORMA

Pemilik Entitas Induk
Kepentingan Nonpengendali

JUMLAH LABA KOMPREHENSIF TAHUN BERJALAN

SEBELUM EFEK PENYESUAIAN PROFORMA

Jumlah Laba Tahun Berjalan Yang Dapat Diatribusikan Kepada :

Pemilik Entitas Induk
Kepentingan Nonpengendali
Total

Jumlah Laba Komprehensif Tahun Berjalan Setelah

Efek Penyesuaian Proforma Yang Dapat Diatribusikan
kepada :
Pemilik Entitas Induk
Kepentingan Nonpengendali
Total

Laba per Saham Dasar

Yang Dapat Diatribusikan Kepada Pemilik Entitas
Induk (angka penuh)

Pembelian (Dari CALK)

 AKUN

ASET
ASET LANCAR
Kas dan Setara Kas
Piutang Usaha
Pihak Berelasi
Pihak Ketiga
Piutang Lain-lain
Persediaan
Uang Muka
Pajak Dibayar di Muka
Biaya Dibayar di Muka
Jumlah Aset Lancar

ASET TIDAK LANCAR

Investasi Jangka Panjang
Piutang Lain-lain
Aset Tetap
Properti Investasi
Aset Belum Digunakan
Beban Ditangguhkan
Aset Tak Berwujud
Aset Tidak Lancar Lainnya
Aset Pajak Tangguhan
Jumlah Aset Tidak Lancar

JUMLAH ASET

LIABILITAS DAN EKUITAS

LIABILITAS JANGKA PENDEK
Utang Bank Jangka Pendek
Utang Usaha
Pihak Berelasi
Pihak Ketiga
Utang Lain-lain - Pihak Ketiga
Utang Pajak
Beban Akrual
Penjualan Diterima di Muka
Bagian Liabilitas Jangka Panjang
yang Jatuh Tempo dalam Satu Tahun :
Medium Term Notes
Utang Bank
Utang Pembiayaan Konsumen
Jumlah Liabilitas Jangka Pendek

LIABILITAS JANGKA PANJANG

Liabilitas Jangka Panjang Setelah Dikurangi
Bagian Jatuh Tempo dalam Satu Tahun :
Medium Term Notes
Utang Bank
Utang Pembiayaan Konsumen
Liabilitas Imbalan Kerja
Liabilitas Pajak Tangguhan
Liabilitas Keuangan Jangka Panjang Lainnya
Jumlah Liabilitas Jangka Panjang
JUMLAH LIABILITAS

EKUITAS
Modal Saham
Modal Dasar 20.000.000.000 saham terdiri dari
1 saham seri A Dwiwarna dan 19.999.999.999
saham seri B. Modal ditempatkan dan disetor
penuh 5.554.000.000 saham terbagi atas 1 saham
seri A Dwiwarna dan 5.553.999.999 saham seri B
dengan nilai nominal Rp. 100 per saham
Tambahan Modal Disetor - Neto
Modal Proforma yang Timbul
Karena Transaksi Akuisisi Entitas Sepengendali
Penghasilan Komprehensif Lain
Saldo Laba
Telah Ditentukan Penggunaannya
Belum Ditentukan Penggunaannya
Komponen Ekuitas Lain
Jumlah Ekuitas yang Dapat Diatribusikan kepada
Pemilik Entitas Induk
Kepentingan Nonpengendali
JUMLAH EKUITAS

JUMLAH LIABILITAS DAN EKUITAS

POS

ARUS KAS DARI AKTIVITAS OPERASI

Penerimaan Kas dari Pelanggan
Pembayaran Kas kepada Pemasok dan Pihak Ketiga
Penghasilan Bunga
Pembayaran Bunga
Penerimaan Pajak
Pembayaran Pajak Penghasilan
Jaminan Bank
Kas Diperoleh dari Operasi
Penerimaan Operasi Lain-lain
Pembayaran Kepada Karyawan
Pembayaran Beban Usaha
Arus Kas Bersih Diperoleh dari Aktivitas Operasi

ARUS KAS DARI AKTIVITAS INVESTASI

Penerimaan Bunga
Hasil Pelepasan Aset Tetap
Perolehan Aset Tetap
Pembelian Saham Entitas Anak
Penambahan Aset Tidak Lancar Lainnya
Penambahan Aset Takberwujud
Penerimaan Dividen
Arus Kas Bersih Digunakan untuk Aktivitas Investasi

ARUS KAS DARI AKTIVITAS PENDANAAN

Pencairan Utang Bank Jangka Pendek
Pembayaran Utang Bank Jangka Pendek
Pencairan Utang Bank Jangka Pendek
Pembayaran Utang Bank Jangka Panjang
Pembayaran Medium Term Notes
Pencairan Medium Term Notes
Pembayaran Pembiayaan Konsumen
Pembayaran Liabilitas Sewa Pembiayaan
Pembayaran Dividen Tunai
Pembagian Dividen dari Entitas Anak untuk
Kepentingan Nonpengendali
Setoran Modal oleh Kepentingan Nonpengendali
di Entitas Anak
Arus Kas Bersih Diperoleh dari Aktivitas Pendanaan

KENAIKAN (PENURUNAN) KAS DAN SETARA KAS

DAMPAK DARI PERUBAHAN KURS TERHADAP KAS
DAN SETARA KAS
KAS DAN SETARA KAS AWAL TAHUN
KAS DAN SETARA KAS AKHIR PERIODE
 2016

48.90%

4.60%

706.59%

148.09%

171.37%

81.40%

14.22%

918.54%
-461.80%
476.99%

50.76%
105.41%

22.50%

29.04%

-547.53%

-331.63%

10.66%
Risiko Kredit yang dihadapi oleh Entitas dan Entitas Anak
berasal dari kredit yang diberikan kepada outlet Entitas dan
entitas anak telah mengambil beberapa kebijakan yang
dianggap penting untuk mengurangi risiko ini, yaitu untuk
memastikan bahwa penjualan produk hanya ditujukan
kepada outlet yang dapat dipercaya dan terbukti
mempunyai sejarah kredit yang baik.

26.24%
36.26%
8.30%

-386963.85%

125.99%
-231942.66%

PT KIMIA FARMA Tbk

LAPORAN LABA RUGI DAN PENGHASILAN KOMPREH

Tanggal 31 Desember 2016 - 31

2016

Rp 5,811,502,656,431

-Rp 3,947,606,932,563
Rp 1,863,895,723,868
-Rp 1,479,784,404,405

Rp 62,629,942,027
-Rp 3,917,157,648
Rp 442,824,103,842
-Rp 59,798,179,173

Rp 383,025,924,669
-Rp 111,427,977,007
-
-
Rp 271,597,947,662

-Rp 32,939,739,221
-
-
Rp 8,234,934,805

Rp 246,893,143,246

Rp 267,414,092,891
Rp 4,183,854,772
Rp 271,597,947,663

Rp 242,709,288,475
Rp 4,183,854,772
Rp 246,893,143,247

48.15

Rp 3,306,834,171,318
 PT KIMIA FARMA Tbk
LAPORAN POSISI KEUANGAN
Tanggal 31 Desember 2016 - 31
2016

Rp 647,683,951,012

Rp 58,755,829,680
Rp 651,276,166,375
Rp 23,023,604,074
Rp 967,326,842,652
Rp 23,664,858,846
Rp 443,482,364,751
Rp 91,523,840,898
Rp 2,906,737,458,288

Rp 165,000,000,000
Rp 2,693,345,517
Rp 1,006,745,257,089
Rp 274,550,104,000
Rp 180,000,000
Rp 747,697,750
Rp 5,401,189,374
Rp 219,952,914,425
Rp 30,554,574,621
Rp 1,705,825,082,776

Rp 4,612,562,541,064

Rp 443,237,127,330

Rp 30,340,587,298
Rp 864,785,126,143
Rp 61,142,511,550
Rp 35,388,502,216
Rp 257,637,855,043
Rp 2,230,070,170

-
-
Rp 1,447,087,831
Rp 1,696,208,867,581

Rp 300,000,000,000
Rp 75,000,000,000
Rp 2,714,084,064
Rp 267,232,180,225
-
-
Rp 644,946,264,289
Rp 2,341,155,131,870

Rp 555,400,000,000
Rp 43,579,620,031

Rp 10,084,641,850
-

Rp 1,329,814,361,392
Rp 342,752,303,932
-Rp 60,674,695,078

Rp 2,220,956,232,127
Rp 50,451,177,067
Rp 2,271,407,409,194

Rp 4,612,562,541,064

PT KIMIA FARMA Tbk

LAPORAN ARUS KAS
Tanggal 31 Desember 2016 - 31
2016

Rp 6,045,560,235,913
-Rp 4,101,121,149,552
-Rp 62,735,679,173
Rp 117,903,300,819
-Rp 72,733,809,240
Rp 631,185,724

Rp 33,904,214,422
-Rp 999,902,832,914
-Rp 763,454,537,209
Rp 198,050,928,790

Rp 8,313,005,782
Rp 775,495,300
-Rp 493,535,588,858

-
-Rp 1,536,715,385
Rp 7,064,590,256
-Rp 478,919,212,905

Rp 322,892,709,356

Rp 75,000,000,000
Rp 100,000,000,000

-Rp 1,189,744,474

-Rp 49,769,803,239

Rp 20,625,000,000
Rp 467,558,161,643

Rp 186,689,877,528

Rp 460,994,073,484
Rp 647,683,951,012
 Analisis Risiko Laporan Keuangan
PT Kimia Farma Tbk
Periode 2016 - 2020

2017
Financial Flexibility

59.72%

5.33%

964.05%

114.44%
Short-term Liquidity Risk
154.53%

83.07%

0.26%

747.24%
-363.54%
365.38%
Long-term Solvency Risk
57.81%
140.38%

31.50%

45.98%

-428.94%

11.02%

0.18%
 Credit Risk

Pemantauan yang intensif terhadap saldo dan umur

piutang serta pemberian diskon untuk pembayaran
tunai guna mengurangi kemungkinan piutang yang
tidak tertagih. Untuk mengurangi risiko kredit, Entitas
dan Entitas Anak akan menghentikan penyaluran
semua produk kepada pelanggan yang gagal bayar.

Bankruptcy Risk
21.20%
31.92%
7.38%

-286774.29%

100.51%
-171869.59%
Sytematic Risk

PT KIMIA FARMA Tbk

LAPORAN LABA RUGI DAN PENGHASILAN KOMPREHENSIF LAIN

Tanggal 31 Desember 2016 - 31

2017

Rp 6,127,479,369,403

-Rp 3,925,599,724,290
Rp 2,201,879,645,113
-Rp 1,791,957,725,462

Rp 125,777,745,576
-Rp 38,293,826
Rp 535,661,371,401
-Rp 85,951,608,979

Rp 449,709,762,422
-Rp 118,001,844,961
-
-
Rp 331,707,917,461

-Rp 10,454,966,367
-
-
Rp 2,613,741,587

Rp 323,866,692,681

Rp 326,786,249,091
Rp 4,921,668,370
Rp 331,707,917,461

Rp 318,945,024,311
Rp 4,921,668,370
Rp 323,866,692,681

58.84

Rp 3,121,356,167,247
 PT KIMIA FARMA Tbk
LAPORAN POSISI KEUANGAN
Tanggal 31 Desember 2016 - 31
2017

Rp 989,637,043,381

Rp 81,343,855,030
Rp 848,656,201,775
Rp 48,942,400,816
Rp 1,192,342,702,145
Rp 92,414,443,289
Rp 296,966,298,644
Rp 111,787,270,903
Rp 3,662,090,215,983

Rp 165,000,000,000
Rp 3,118,521,019
Rp 1,687,785,385,991
Rp 323,837,114,000
Rp 180,000,000
Rp 451,319,294
Rp 6,751,886,639
Rp 220,559,905,451
Rp 26,374,624,155
Rp 2,434,058,756,549

Rp 6,096,148,972,532

Rp 830,535,529,957

Rp 35,457,019,096
Rp 843,751,139,064
Rp 57,739,855,324
Rp 59,417,747,193
Rp 240,091,321,200
Rp 424,743,753

Rp 300,000,000,000
-
Rp 2,450,093,182
Rp 2,369,867,448,769

Rp 400,000,000,000
Rp 485,520,310,577
Rp 1,002,712,606
Rp 267,597,745,454
-
-
Rp 1,154,120,768,637
Rp 3,523,988,217,406

Rp 555,400,000,000
Rp 67,436,293,281

Rp 10,084,641,850
-

Rp 1,619,081,645,324
Rp 326,786,249,091
-Rp 68,515,919,856

Rp 2,510,272,909,690
Rp 62,247,845,437
Rp 2,572,520,755,127

Rp 6,096,508,972,533

PT KIMIA FARMA Tbk

LAPORAN ARUS KAS
Tanggal 31 Desember 2016 - 31
2017

Rp 6,226,965,853,899
-Rp 4,452,789,091,356
-Rp 85,951,608,979
Rp 399,641,269,291
-Rp 71,236,100,650
-Rp 16,930,801

Rp 88,982,695,748
-Rp 1,098,792,653,491
-Rp 1,001,562,190,006
Rp 5,241,243,655

Rp 15,763,276,694
Rp 338,980,890
-Rp 817,263,085,178

-Rp 19,224,165,316
-Rp 1,484,744,760
Rp 11,633,075,663
-Rp 810,236,662,007

Rp 387,298,402,627

Rp 410,520,310,577
Rp 400,000,000,000

-Rp 4,260,182,481

-Rp 53,485,020,000

Rp 6,875,000,000
Rp 1,146,948,510,723

Rp 341,953,092,371

Rp 647,683,951,012
Rp 989,637,043,383
Analisis Risiko Laporan Keuangan
PT Kimia Farma Tbk
Periode 2016 - 2020

2018
Financial Flexibility

96.34%

5.81%

1568.71%

97.09%
Short-term Liquidity Risk
134.39%

73.54%

4.83%

750.23%
-307.14%
365.77%
Long-term Solvency Risk
63.40%
179.94%

37.91%

61.05%

-252.66%

-75.69%

3.21%
 Credit Risk

Risiko Kredit yang dihadapi oleh Perusahaan dan

Entitas Anak berasal dari kredit yang diberikan kepada
outlet Perusahaan dan Entitas Anak telah mengambil
beberapa kebijakan yang dianggap penting untuk
mengurangi risiko ini, yaitu untuk memastikan bahwa
penjualan produk hanya ditujukan kepada outlet yang
dapat dipercaya dan terbukti mempunyai sejarah
pembayaran yang baik.

Bankruptcy Risk
14.41%
19.98%
6.67%

-126542.32%

74.67%
-75783.46%
Sytematic Risk

PREHENSIF LAIN

2018

Rp 8,459,247,287,000

-Rp 5,096,044,699,000
Rp 3,363,202,588,000
-Rp 2,596,191,418,000

Rp 180,259,148,000
-Rp 2,588,342,000
Rp 944,681,976,000
-Rp 227,219,753,000
Rp 37,833,824,000
Rp 755,296,047,000
-Rp 222,717,534,000
Rp 2,506,809,000
-Rp 220,210,725,000
Rp 535,085,322,000

-Rp 60,046,320,000
-
Rp 576,682,346,000
-Rp 124,572,887,000

Rp 4,399,917,000
-
Rp 396,463,056,000

Rp 931,548,378,000

-Rp 88,407,986,000
-Rp 67,438,289,000

Rp 775,702,103,000

Rp 491,565,938,000
Rp 43,519,385,000
Rp 535,085,323,000

Rp 875,291,335,000
Rp 56,257,044,000
Rp 931,548,379,000

88.51

Rp 3,846,924,651,000
 2018

Rp 2,068,665,044,000

Rp 569,411,283,000
Rp 755,705,390,000
Rp 96,534,688,000
Rp 2,126,016,100,000
Rp 70,095,028,000
Rp 546,145,599,000
Rp 145,435,104,000
Rp 6,378,008,236,000

Rp 184,633,181,000
Rp 3,191,172,000
Rp 3,315,148,100,000
Rp 922,145,871,000
-
-
Rp 185,239,659,000
Rp 263,555,523,000
Rp 77,169,122,000
Rp 4,951,082,628,000

Rp 11,329,090,864,000

Rp 2,784,536,001,000

Rp 22,038,728,000
Rp 1,259,693,892,000
Rp 115,923,616,000
Rp 58,192,881,000
Rp 286,936,020,000
-

Rp 200,000,000,000
Rp 11,558,175,000
Rp 6,963,126,000
Rp 4,745,842,439,000

Rp 1,000,000,000,000
Rp 863,326,308,000
Rp 3,819,824,000
Rp 406,276,877,000
Rp 163,567,349,000
-
Rp 2,436,990,358,000
Rp 7,182,832,797,000

Rp 555,400,000,000
Rp 77,520,935,000

Rp 789,798,338,000
Rp 305,393,375,000

Rp 1,847,784,254,000
Rp 415,895,778,000

Rp 3,991,792,680,000
Rp 154,465,387,000
Rp 4,146,258,067,000

Rp 11,329,090,864,000

2018

Rp 9,033,070,560,000
-Rp 6,030,046,372,000
 Rp 37,730,378,000
-Rp 227,219,753,000
Rp 251,415,340,000
-Rp 227,541,327,000

Rp 83,628,004,000
-Rp 1,558,214,697,000
-Rp 1,191,153,033,000
Rp 171,669,100,000

Rp 1,007,027,000
-Rp 1,211,917,331,000
-Rp 315,754,548,000
-Rp 19,947,571,000
-Rp 40,368,818,000
Rp 24,076,370,000
-Rp 1,562,904,871,000

Rp 5,625,000,000,000
-Rp 3,703,481,958,000
Rp 301,100,169,000
-Rp 20,813,867,000
-Rp 300,000,000,000
Rp 600,000,000,000
-Rp 1,689,415,000

-Rp 182,809,821,000

Rp 5,625,000,000
Rp 2,322,930,108,000

Rp 931,694,337,000

Rp 288,450,000
Rp 1,136,682,257,000
Rp 2,068,665,044,000
 2019 2020 (Q2) Average

2.86% 9.18% 51.96%

-0.14% 1.04% 3.33%

2672.13% 3228.92% 1828.08%

63.34% 26.14% 89.82%

99.36% 91.30% 130.19%

49.86% 39.59% 65.49%

-30.55% -0.10% -2.27%

546.25% 232.02% 638.85%

-237.07% -100.05% -293.92%
386.80% 0.00% 318.99%

59.61% 60.42% 58.40%

151.06% 155.02% 146.36%

32.88% 34.08% 31.77%

48.99% 51.71% 47.35%

72.82% 71.55% -216.95%

433.28% 53.35% 18.07%

-20.46% -0.07% -1.30%

Grup mengelola risiko kredit terkait dengan
simpanan dana di bank dan penempatan deposito
berjangka dengan hanya menggunakan bankbank
yang memiliki reputasi dan predikat yang
baik untuk mengurangi kemungkinan kerugian
akibat kebangkrutan bank. -

-0.26% -3.50% 11.62%

13.39% 11.84% 22.68%
0.21% 0.46% 4.60%

-88549.81% -82510.12% -194268.08%

51.22% 26.77% 75.83%

-53059.54% -49465.41% -116424.13%

2019 2020 (Q2)

Rp 9,400,535,476,000 Rp 4,687,803,350,000

-Rp 5,897,247,790,000 -Rp 2,897,951,468,000

Rp 3,503,287,686,000 Rp 1,789,851,882,000
-Rp 3,211,857,197,000 -Rp 1,006,079,586,000
-Rp 508,766,336,000
Rp 215,281,596,000 Rp 94,441,871,000
-Rp 5,056,343,000 -Rp 4,414,126,000
Rp 501,655,742,000
-Rp 497,969,909,000 -Rp 293,202,106,000
Rp 34,629,655,000 Rp 9,168,917,000
Rp 38,315,488,000 Rp 81,000,516,000
-Rp 90,863,707,000 -Rp 29,999,580,000
Rp 68,438,658,000
-Rp 22,425,049,000
Rp 15,890,439,000 Rp 51,000,936,000

-Rp 46,065,816,000 -Rp 17,282,158,000

Rp 5,332,202,896,000
-
-Rp 521,703,835,000
-Rp 18,416,000,000

Rp 49,838,000 -Rp 14,919,595,000

-
Rp 4,764,483,083,000 -Rp 50,617,753,000

Rp 4,780,373,522,000 Rp 383,183,000

-Rp 5,085,146,000
-Rp 395,590,000

Rp 4,774,892,786,000

-Rp 12,724,002,000 Rp 48,575,101,000

Rp 28,614,441,000 Rp 2,425,835,000
Rp 15,890,439,000 Rp 51,000,936,000

Rp 4,796,872,445,000 -Rp 4,446,640,000

-Rp 16,498,923,000 Rp 4,829,823,000
Rp 4,780,373,522,000 Rp 383,183,000

(-2.29) 8.75

Rp 4,899,232,168,000 -
 2019 2020 (Q2)

Rp 1,360,268,286,000 Rp 617,295,230,000

Rp 796,992,812,000 Rp 653,978,300,000
Rp 1,319,734,421,000 Rp 1,270,109,788,000
Rp 208,402,076,000 Rp 250,477,835,000
Rp 2,849,106,176,000 Rp 2,944,173,768,000
Rp 71,731,522,000 Rp 272,281,939,000
Rp 457,826,500,000 Rp 235,543,364,000
Rp 280,725,330,000 Rp 194,579,639,000
Rp 7,344,787,123,000 Rp 6,438,439,863,000

Rp 184,426,181,000 Rp 166,010,181,000
Rp 9,989,212,000 Rp 9,253,581,000
Rp 9,279,811,270,000 Rp 9,278,101,039,000
Rp 1,011,569,384,000 Rp 1,011,569,384,000
-
-
Rp 187,316,708,000 Rp 187,597,656,000
Rp 305,723,875,000 Rp 390,973,822,000
Rp 29,253,379,000 Rp 32,053,641,000
Rp 11,008,090,009,000 Rp 11,075,559,304,000

Rp 18,352,877,132,000 Rp 17,513,999,167,000

Rp 5,226,775,250,000 Rp 4,428,383,026,000

Rp 16,874,218,000 Rp 40,566,181,000
Rp 1,273,539,908,000 Rp 1,144,824,990,000 Rp 521,746,762,477
Rp 98,629,371,000 Rp 139,828,212,000
Rp 49,625,740,000 Rp 28,281,574,000
Rp 179,115,144,000 Rp 132,039,575,000
Rp 1,957,625,000 -

Rp 400,000,000,000 -
Rp 137,020,877,000 Rp 1,131,437,323,000
Rp 8,602,144,000 Rp 6,304,039,000
Rp 7,392,140,277,000 Rp 7,051,664,920,000

Rp 1,100,000,000,000 -
Rp 1,402,372,815,000 Rp 2,478,988,316,000
Rp 21,886,723,000 Rp 13,237,926,000
Rp 454,633,708,000 Rp 476,746,779,000
Rp 568,916,781,000 Rp 556,370,267,000
- Rp 4,159,722,000
Rp 3,547,810,027,000 Rp 3,529,503,010,000
Rp 10,939,950,304,000 Rp 10,581,167,930,000

Rp 555,400,000,000 Rp 555,400,000,000
-Rp 885,401,366,000 -Rp 885,401,366,000

- -
Rp 5,114,989,822,000 Rp 5,082,429,784,000

Rp 2,469,629,476,000 Rp 2,037,357,060,000
-Rp 12,724,002,000 Rp 35,851,099,000

Rp 7,241,893,930,000 Rp 6,825,636,577,000
Rp 171,032,898,000 Rp 107,194,660,000
Rp 7,412,926,828,000 Rp 6,932,831,237,000

Rp 18,352,877,132,000 Rp 17,513,999,167,000

2019 2020 (Q2)

Rp 9,284,213,271,000 Rp 4,827,318,184,000
-Rp 7,380,732,763,000 -Rp 3,114,779,013,000
 Rp 34,629,655,000 Rp 9,168,917,000
-Rp 490,407,409,000 -Rp 293,202,106,000
Rp 473,984,939,000
-Rp 219,381,335,000 -Rp 144,170,059,000

Rp 210,413,164,000
-Rp 10,171,233,000 Rp 311,226,221,000
-Rp 1,780,483,420,000 -Rp 997,176,624,000
-Rp 1,765,486,347,000 -Rp 816,175,604,000
-Rp 1,853,834,642,000 -Rp 7,376,920,000

Rp 1,493,174,000
-Rp 774,407,468,000 -Rp 285,519,105,000
-Rp 1,361,000,000,000
-
-Rp 4,458,704,000 -Rp 1,610,998,000
Rp 13,691,903,000
-Rp 2,124,681,095,000 -Rp 287,130,103,000

Rp 13,361,844,074,000
-Rp 10,920,204,558,000
Rp 709,178,285,000 Rp 571,031,946,000
-Rp 43,792,556,000 -Rp 798,392,343,000
-Rp 200,000,000,000
Rp 500,000,000,000
-Rp 8,643,926,000
-Rp 2,738,801,000
-Rp 83,198,920,000 -Rp 3,095,370,000

-Rp 40,081,495,000

-
Rp 3,275,100,904,000 -Rp 233,194,568,000

-Rp 703,414,833,000 -Rp 738,114,755,000

-Rp 4,981,925,000 -Rp 4,858,301,000

Rp 2,068,665,044,000 Rp 1,360,268,286,000
Rp 1,360,268,286,000 Rp 617,295,230,000
 3500.00%
Rumus

Net Income / Shareholders Equity 3000.00%

Net Income Available to Common Shareholders / Sales

Average Total Assets / Average Common Shareholders 2500.00%

Equity
Sales / Average Total Assets
2000.00%
Current Asset / Current Liabilities

(Cash and Cash Equivalents + Accounts Receivable) / 1500.00%

Current Liabilities

Cash Flow from Operations / Average Current

1000.00%
Liabilities
Sales / Average Account Receiveble
Cost of Good Sold / Average Inventory
500.00%
Purchases / Average Account Payable

Total Liabilities / Total Assets

0.00%
Total Liabilities / Total Shareholder's Equity 2016

Long-Term Debt / Long-term Debt + Total Return o

Shareholder's Equity

Long-Term Debt / Total Shareholder's Equity

Net Income + Interest Expense + Income Tax Expense

+ Net Income Attributable to Noncontrolling
Interests / Interest Expense 1000.00%

Cash Flow from Operations + Payments for Interest 800.00%

and Income Taxes / Cash Payments for Interest
600.00%

Cash Flow from Operations / Average Total Liabilities

400.00%

200.00%

0.00%
2016

-200.00%
 600.00%

400.00%

200.00%

0.00%
2016

-200.00%

-400.00%

-600.00%

Current Ratio
Accounts rece
Net Working Capital/Total Asset
Retained Earning/Total Asset
EBIT/Total Assets

Market Value of Equity/Book Value of liabilities -Rp 5,979,817,917,300

600.00%
Sales/Total Asset
1,2X1 + 1,4X2 + 3,3X3 + 0,6X4 + 1,0X5
400.00%

Risk-Free Interest Rate + Market Beta x (Market

Return - Risk-Free Interest Rate) - Error 200.00%

0.00%
2016

-200.00%

-400.00%

-600.00%

Liabilities to
Long-term
Interest Co
Operating C

50000.00%

0.00%
2016
-50000.00%

-100000.00%

-150000.00%
 50000.00%

0.00%
2016
-50000.00%

-100000.00%

-150000.00%

-200000.00%

-250000.00%

-300000.00%

-350000.00%

-400000.00%

-450000.00%
(Utang Usaha Pihak Ketiga Tahun 2015)
 FINANCIAL FLEXIBILITY
500.00%

000.00%

500.00%

000.00%

500.00%

000.00%

500.00%

0.00%
2016 2017 2018 2019 2020 (Q2)

Return on Common Shareholder's Equity Capital Structure Leverage Asset Turnover

SHORT-TERM LIQUIDITY RISK

1000.00%

800.00%

600.00%

400.00%

200.00%

0.00%
2016 2017 2018 2019 2020 (Q2)

-200.00%
600.00%

400.00%

200.00%

0.00%
2016 2017 2018 2019 2020 (Q2)

-200.00%

-400.00%

-600.00%

Current Ratio Quick Ratio Operating cash flow to current liabilities ratio
Accounts receivable turnover Inventory turnover Accounts payable turnover

LONG-TERM SOLVENCY RISK

600.00%

400.00%

200.00%

0.00%
2016 2017 2018 2019 2020 (Q2)

-200.00%

-400.00%

-600.00%

Liabilities to Asset Ratio Liabilities to Shareholder's Equity Ratio

Long-term Debt to Long-term Capital Ratio Long-term Debt to Shareholder's Equity Ratio
Interest Coverage Ratio (Net Income Basis) Interest Coverage Ratio (Cash Flow Basis)
Operating Cash Flow to Total Liabilities Ratio

BANKRUPTY RISK
50000.00%

0.00%
2016 2017 2018 2019 2020 (Q2)
-50000.00%

-100000.00%

-150000.00%
 50000.00%

0.00%
2016 2017 2018 2019 2020 (Q2)
-50000.00%

-100000.00%

-150000.00%

-200000.00%

-250000.00%

-300000.00%

-350000.00%

-400000.00%

-450000.00%

X1 X2 X3 X4 X5 Z-Score
0 (Q2)

0 (Q2)
0 (Q2)

20 (Q2)

20 (Q2)
20 (Q2)