Financial Performance Analysis at PT Unilever Indonesia Tbk for the 2021–2024

Abstract

This study aims to analyze the financial performance of PT Unilever Indonesia Tbk during the 2021–2024 period. The research uses a descriptive quantitative approach with secondary data in the form of the company's annual financial statements. The analysis is carried out using liquidity, solvency, activity, profitability, and market ratios. The results show that liquidity has declined, solvency indicates a high level of debt usage, activity results are mixed, while profitability tends to decrease. Receivable turnover and total asset turnover increased, but inventory turnover decreased. NPM and ROA went down, while ROE increased due to a decrease in equity. Overall, the company's financial performance is not yet fully optimal, especially in terms of liquidity, capital structure, and profitability