1.

analysis perubahan
2021 2020 Nilai Presentase trens analysis
penjualan bersih 106,043 99,941 6,102 6% 106 100
harga poko penjualan 26,978 25,098 1,880 7% 107 100
laba kotor 79,065 74,843 4,222 6% 106 100
beban penjualan dan 21,724 21,695 29 0% 100 100
administrasi
beban depresiasi 22,183 21,038 1,145 5% 105 100
beban bunga 3377 3541 -164 -5% 95 100
laba sebelum pajak 33,260 29,754 3,506 12% 112 100
pajak penghasilan 7,597 6,803 794 12% 112 100
laba bersih 25,663 22,951 2,712 12% 112 100
2. INDEX NUMBER TREND ANALYSIS
trend angka indeks
2021 2020 2021
penjualan bersih 106,043 99,941 106
harga poko penjualan 26,978 25,098 107
laba kotor 79,065 74,843 106
beban penjualan dan 21,724 21,695 100
administrasi
beban depresiasi 22,183 21,038 105
beban bunga 3377 3541 95
laba sebelum pajak 33,260 29,754 112
pajak penghasilan 7,597 6,803 112
laba bersih 25,663 22,951 112
2020
100
100
100
100

100
100
100
100
100
3. COMMON SIZE FINANCIAL STATEMENT ANALYSIS(VERTICAL ANALYSIS)
common size
2021 2020 2021 2020
penjualan bersih 106,043 99,941 100.00% 100.00%
harga poko penjualan 26,978 25,098 25.45% 25.11%
laba kotor 79,065 74,843 74.55% 74.88%
beban penjualan dan 20.48% 21.70%
21,724 21,695
administrasi
beban depresiasi 22,183 21,038 20.91% 21.05%
beban bunga 3377 3541 3.18% 3.54%
laba sebelum pajak 33,260 29,754 31.36% 29.77%
pajak penghasilan 7,597 6,803 7.16% 6.80%
laba bersih 25,663 22,951 24.20% 22.96%
4. RATIO ANALYSIS
4.1 measuring overall profitability
ROE= net income REO= net income
sharehalders equity sharehalders equity
Decomposing Profitability
ROA= net income
Assets

ROA net income x Sales

Sales Asset

ROA= Profit Margin x Assets Turn Over

Financial Leverage= Assets

Shareholders' equity

4.2 Assesing Operating Management:Decomposing Net Profit Margins

Gross Profit Margin= Gross Profit

Sales
Operating Expense= Operating Expense
Sales
NOPAT Margin= net income + net interest expense
Sales
Net Interesy Expense= (Interest Expense - Interest Income)x(1-tax rate)
EBITDA Margin= Earning before interest, tax, depreciatio
Sales
Net Income Margin (Profit Margin)= Net Income
Sales

4.3 Assesing Investment Management:Decomposing Assets Turnover

Working Capital Management

Operating Working Capital to Sales Ratio= (Current Assets-Cash&Marketable Securites)-(Current Liabilities-S

Sales

Operating Working Capital Turnover= Sales

Operating Working Capital

Accoount Receivable Turnover= Sales

Account Receivable

Inventory Turnover= Sales

Inventory

Account Payable Turnover= Sales

Account Payable

4.4 Log term Assets Management

Net long term assets Turnover= Sales

Total Long term assets-Non Interest bearing long term liabilities

PPE Turnover= Sales

Net Property, plant, & Equipment

4.5 Evaluating Financial Management: Financial Leverage

arning before interest, tax, depreciation and amottization
Sales
arketable Securites)-(Current Liabilities-Short term&current portios of long term debt
Sales

ng long term liabilities

net income pendapatan bersih
shareholders equity ekuitas pemegang saham
financial leverage leverage keuangan
assets aktiva
sales penjualan
profit margin margin keuntungan
gross profit laba kotor
operating expense biaya operasional
net interest expense beban bunga bersih
earning before interest, tax, depreciation and ammortization laba sebelum bunga, pajak, depresiasi da
operating working capital to sales ratio modal kerja operasi untuk rasio penjualan
current assets aset lancar
cash and markertable securities uang tunai dan surat berharga
current liabilities kewajiban lancar
short term and current portion of long term debit jangka pendek dan bagian lancar dari deb
account receivable piutang dagang
inventory inventaris
account payable akun hutang
total long term asset-Non interest bearing long term liabilities total aset jangka panjang-Kewajiban jang
net property, plant and equipment aset bersih, pabrik dan peralatan
short term liquidity likuiditas jangka pendek
current ratio rasio saat ini
cash tunai
short term investment investasi jangka pendek
accounts receivable piutang
markatable ratio rasio yang dapat dihargai
cash flow from operations arus kas dari operasi
total liabilities total kewajiban
short term debt utang jangka pendek
long term debt hutang jangka panjang
 pajak, depresiasi dan amortisasi
untuk rasio penjualan

berharga

agian lancar dari debit jangka panjang

jang-Kewajiban jangka panjang tanpa bunga

an peralatan