Jurnal Ilmiah Edunomika (JIE)
Vol 7, No 2 (2023): EDUNOMIKA

ANALISIS PERBANDINGAN KINERJA KEUANGAN PT. SUMMARECON AGUNG Tbk (SMRA) VS ALAM SUTERA REALTY Tbk (ASRI) PERIODE TAHUN 2020 - 2021

Erwin Hanggoro Agung Nugroho (Fakultas Ekonomi, Universitas Sarjanawiyata Tamansiswa)
Sri Hermuningsih (Fakultas Ekonomi, Universitas Sarjanawiyata Tamansiswa)



Article Info

Publish Date
01 Jul 2023

Abstract

This study aims to analyze the financial performance of PT Summarecon Agung Tbk (SMRA) and PT Alam Sutera Realty Tbk (ASRI) for 2020 and 2021. In conducting the analysis, data from the financial statements of SMRA and ASRI for 2020 and 2021 will be collected and calculated by using financial ratios commonly used in performance analysis, such as profitability ratios, liquidity ratios, and solvency ratios. In addition, the debt-to-equity ratio and interest coverage ratio. The performance comparison of SMRA vs ASRI in 2020 and 2021 shows quite interesting results. SMRA is one of the largest property companies in Indonesia, while ASRI is a property company that focuses more on developing areas that are in the premium category. The comparison between the two companies shows that ASRI's performance is more stable compared to SMRA, which was burned by unfavorable market conditions in 2020. However, SMRA managed to show significant improvement in 2021 and is likely to continue to increase along with a better economic recovery.

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Journal Info

Abbrev

jie

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education

Description

Jurnal Ilmiah EDUNOMIKA dengan ISSN 2598-1153, diterbitkan 2 (dua) kali setahun (Pebruari dan Agustus) oleh LPPM STIE AAS Surakarta bekerjasama dengan Pusat Kajian Pendidikan dan Ekonomi (PUSKAPE), Yayasan Keluarga Muslim Al Azarul Ulum Sukoharjo. Terbit pertama pada bulan Pebruari 2017. Redaksi ...