FINANCIAL PERFORMANCE ANALYSIS PT POS INDONESIA BASED ON SOE MINISTER DECREE NO. KEP-100/MBU/2002 (CASE STUDY: PT POS INDONESIA )

• Main Author: Firman Yusra, Agung
• Format: Theses
• Language: Indonesia
• Subjects: Manajemen umum
• Online Access: https://digilib.itb.ac.id/gdl/view/62705
• Institution: Institut Teknologi Bandung

Indonesia is an archipelagic country located in Southeast Asia, in 2019 the end of the covid-19 pandemic that made changes and in various industrial sectors in Indonesia, and in 2020 Indonesia was really in a period of decline, The COVID-19 pandemic is anticipated to reduce Indonesia's GDP by 6.31 percent compared to the baseline condition. In Indonesia, passenger-based transportation demand fell by nearly 40%, particularly for public transportation, which was avoided by the majority of the population. According to the Google Mobility Report, since the first travel restriction policy was established, transit stations in Indonesia have never returned to normal. Furthermore, research discovered that the higher the covid-19 risk, the more likely a person is to stay at home, which leads to a reduction in public transit use. This is a chance for non-motorized transportation to flourish. As a result, the cargo business presents an opportunity for the transportation sector. As we know, Indonesia has a state-owned company called BUMN and one of them which is engaged in the transportation and service sector is PT POS Indonesia. The Indonesian government established SOEs with two main objectives, namely economic goals and social goals. In terms of an economic nature, BUMN is intended to manage strategic business sectors so that they are not controlled by certain parties. Business fields related to the livelihoods of many people, such as electricity, oil and gas companies, as mandated in Article 33 of the 1945 Constitution, should be controlled by SOEs. With the existence of SOEs, it is hoped that there will be an increase in the welfare of the community, especially the people around the SOE locations. The health category of PT POS Indonesia for 2016 – 2020 is shown in the ranking of health degrees based on the Minister of SOEs KEP100/MBU/2002 Decree, with a total score of 65.5, 56, 41, 40, and 53 for the period 2016-20202. The health category of PT POS Indonesia is then divided into levels A, BBB, BB, B, and BBB, with health statuses of healthy, Less healthy, Less healthy, Less healthy, Less healthy, and Less healthy. REO, with a weighted value of 10, ROI, with a weighted value of 13.5, Current Ratio, with a weighted value of 3, and Total Equity to Total Assets, with a weighted value of 6.5, are the indicators that are below the average weight value of Non Infrastructure in 2020. There was a covid 19 epidemic in 2020.PT POS was able to recover from the pandemic's effects by receiving a company health rating of 53, indicating BBB Less Healthy, which was an improvement over previous years.