FINANCIAL PERFORMANCE ANALYSIS OF PT SURYA TOTO INDONESIA TBK TO EVALUATE EFFICIENCY AND STABILITY IN 2017–2024

Abstract

This study aims to analyze the financial performance of PT Surya Toto Indonesia Tbk from 2017 to 2024 to evaluate the company’s efficiency and stability in managing its financial resources. The research uses a descriptive quantitative approach, relying on secondary data from the company’s annual financial reports published by the Indonesia Stock Exchange (IDX). The analysis focuses on a thorough assessment of the company’s financial condition through various indicators that reflect its ability to generate profits, manage capital structure, and sustain operational effectiveness. The results of the study show that PT Surya Toto Indonesia Tbk experienced steady improvement in financial performance over the observation period, driven by efficient asset management and effective cost control. However, fluctuations appeared in several financial indicators, reflecting external challenges such as shifts in production costs and market conditions. Overall, the company remains in a stable financial state, with strong internal financing ability and sustainable growth prospects. This research enhances understanding of financial performance analysis in the manufacturing sector and can serve as a reference for management, investors, and future researchers when making strategic decisions.