Evaluasi Kinerja Keuangan Setelah Peralihan Jaringan 5G Pada Perusahaan Terbuka Subsektor Telekomunikasi 2019-2022

Abstract

Users of financial statements need information regarding financial performance as a basis for business decision making. Financial performance evaluation is very important for companies to control their business effectively and efficiently. This study aims to assess the financial performance of telecommunications subsector companies listed on the IDX before and after the network switch from 4G to 5G by considering the liquidity, solvency, profitability, and Economic Value Added (EVA). This study uses descriptive quantitative research and nonprobability sampling methods with a purposive sampling approach based on certain considerations (judgment). Thus, the sample in this study is telecommunications subsector companies listed on the IDX that have made network switching from 4G to 5G. This research uses quantitative data sourced from the company's website and IDX in the form of financial statements. The results of this study show that PT Telkomsel managed to achieve the best financial performance compared to other similar companies during the 2019-2022 period. PT Telkomsel is a subsidiary of PT Telkom Indonesia (Persero) Tbk, which has a good and stable management system, thus making PT Telkomsel remain consistent in developing its financial performance despite the network switch from 4G to 5G.