FINANCIAL PERFORMANCE ANALYSIS BEFORE AND AFTER THE INITIAL PUBLIC OFFERING (IPO) AT PT DAYA CIPTA INTEGRASI INDONESIA TBK (DCII) FOR THE PERIOD 2020-2024
DOI:
https://doi.org/10.56127/ijme.v5i2.3009Keywords:
Financial Performance, Ratio Analysis, Liquidity, Solvency, Profitability, Initial Public Offering (IPO)Abstract
An Initial Public Offering (IPO) is a company's strategy to obtain additional capital and increase transparency of financial performance. This study aims to analyze the financial performance of PT Daya Cipta Integrasi Indonesia Tbk (DCII) before and after the IPO based on liquidity, solvency, and profitability aspects using financial report data for the 2020–2024 period obtained from the Indonesia Stock Exchange (IDX) and the company's official website. The research method used is documentation and literature study. The data analysis technique used is quantitative descriptive analysis by calculating liquidity ratios consisting of the Current Ratio, Quick Ratio, and Cash Ratio, solvency ratios consisting of the Debt to Asset Ratio and Debt to Equity Ratio, and profitability ratios consisting of Net Profit Margin, Return on Assets, and Return on Equity. The results of the study indicate that after the implementation of the Initial Public Offering (IPO), the financial performance of PT Daya Cipta Integrasi Indonesia Tbk has changed. The company's liquidity performance is still below industry standards, solvency performance is in good condition with a low level of dependence on debt, while profitability performance shows good results and is above industry standards.
References
Andika Wijaya, S. H. (2018). IPO, RIGHT ISSUE, DAN PENAWARAN UMUM OBLIGASI (Tarmizi, Ed.; 1st ed.).
Annisa Rizki Nursyamsi. (2018). ANALISIS KOMPARATIF KINERJA KEUANGAN BADAN USAHA MILIK NEGARA (BUMN) SEBELUM DAN SETELAH INITIAL PUBLIC OFFERING (IPO).
Harahap, A. S. (2021). PROSES INITIAL PUBLIC OFFERING (IPO) DI PASAR MODAL INDONESIA. In Proses Initial Public Offering (IPO) Di Pasar Modal Indonesia Forum Ilmiah (Vol. 8, Issue 2).
Hery. (2016). Analisis Laporan Keuangan (Adipramono, Ed.; Comprehensive). PT Grasindo.
Hutabarat. (2020). ANALISIS KINERJA KEUANGAN PERUSAHAAN (Gita Puspitasari, Ed.; Cetakan Pertama). Penerbit Desanta Muliavisitama.
Indrarti, W., Hadi Sucipto, R., Swastika, R., & Lidwan, N. (2024). Mengukur Kinerja PT GoTo Gojek Tokopedia Tbk dengan Rasio Keuangan. Jurnal Cendekia Ilmiah, 3(6).
Kasmir. (2019). Analisis Laporan Keuangan (Cetakan ke-11). PT Rajagrafindo Persada.
Kieso, D. E. ., Weygandt, J. J. ., & Warfield, T. D. . (2020). Intermediate accounting : IFRS edition. John Wiley & Sons, Inc.
Lumantow, I. P., & Karuntu, M. M. (2022). ANALISIS RASIO SOLVABILITAS DAN PROFITABILITAS PADA PERUSAHAAN SUB SEKTOR ASURANSI YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2018-2020 SOLVENCY AND PROFITABILITY RATIO ANALYSIS OF INSURANCE SUB SECTOR COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE YEAR 2018-2020. In 458 Jurnal EMBA (Vol. 10, Issue 3).
PSAK 201. (2025). PSAK 201 SAK IAI ONLINE.
Santi Octaviani. (2016). FAKTOR-FAKTOR YANG MEMPENGARUHI RETURN SAHAM PADA EMISI SAHAM PERDANA.
Yulianto Syahyu. (2018). Penawaran Umum di Pasar Perdana (Initial Public Offering).
www.idx.co.id.
dci-indonesia.com
Downloads
Published
How to Cite
Issue
Section
Citation Check
License
Copyright (c) 2026 Eva Khadijah, Amar Khadafi
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
