Financial Performance Analysis of the Main Board Companies in the Basic Materials Sector on the Indonesia Stock Exchange for the 2020–2024 Period

Authors

  • Laely Purnamasari Manajemen, Universitas Informatika dan Bisnis Indonesia
  • Agung Pramayuda Manajemen, Universitas Informatika dan Bisnis Indonesia
  • Alya Zadidah Sopyan Manajemen, Universitas Informatika dan Bisnis Indonesia

DOI:

https://doi.org/10.37278/eprofit.v8i1.1522

Keywords:

Financial Performance, Return on Assets (ROA), Basic Materials Sector

Abstract

This study aims to analyze the financial performance of main board companies in the basic materials sector listed on the Indonesia Stock Exchange during the 2020–2024 period using the Return on Assets (ROA) ratio. The research employs a descriptive quantitative method utilizing secondary data obtained from companies’ financial statements. The analysis technique involves calculating and comparing ROA values across companies and examining performance trends over the observation period. The results indicate that financial performance tends to fluctuate. The industry’s average ROA increased from 2020 and peaked in 2022, reflecting economic recovery following the COVID-19 pandemic. However, a decline occurred in 2023 before improving again in 2024. At the firm level, some companies such as INTP demonstrated stable performance, while others like ANTM and TINS showed significant volatility due to commodity price fluctuations. In conclusion, the basic materials sector has strong profitability potential but is accompanied by relatively high risk due to its sensitivity to global economic conditions. Therefore, companies are expected to improve asset management efficiency, while investors should consider performance stability when making investment decisions.

References

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Published

2026-04-23

How to Cite

Purnamasari, L., Pramayuda, A., & Sopyan, A. Z. (2026). Financial Performance Analysis of the Main Board Companies in the Basic Materials Sector on the Indonesia Stock Exchange for the 2020–2024 Period. Economics Professional in Action (E-Profit), 8(1), 27–31. https://doi.org/10.37278/eprofit.v8i1.1522

Issue

Vol. 8 No. 1 (2026): Economic Professional in Action (E-PROFIT)

Section

Articles

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Copyright (c) 2026 Laely Purnamasari, Agung Pramayuda, Alya Zadidah Sopyan

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