Analisis Kinerja Keuangan Guna Menjaga Kepastian Kondisi Pertumbuhan Usaha pada PT. Graha Prima Mandiri Tbk Periode Tahun 2022-2024

Abstract

This study aims to comprehensively analyze and discuss the financial performance of PT. Graha Prima Mandiri Tbk (GRPM) over a three-year period, from 2022 to 2024. Financial performance is an important indicator in assessing a company's financial health and operational management efficiency. The method used is quantitative descriptive, focusing on time series analysis of the company's financial statements using four main ratio groups: Liquidity, Solvency, Activity, and Profitability. The analysis results show extreme performance volatility, especially in 2024. The Liquidity Ratio shows fluctuating conditions, ranging from healthy (2022), very high/inefficient (2023), to dropping drastically below ideal standards in 2024, indicating an increasing risk of short-term default. The Solvency Ratio displays a significant change in funding strategy, from a balanced (2022) and conservative (2023) capital structure to a heavy reliance on short-term debt in 2024, which sharply increases financial risk. Meanwhile, Activity Ratios (particularly Total Asset Turnover) declined, indicating that the massive increase in assets in 2024 was not accompanied by optimal efficiency in generating sales. In terms of profitability, despite a significant sales surge in 2024, Net Profit actually declined sharply (margin of only 0.36% of sales), indicating worsening operational efficiency and increasing operating costs. This study concludes that although GRPM experienced massive asset and sales growth, this expansion was not accompanied by adequate stability and cost efficiency, potentially disrupting the sustainability of future business growth.