Analysis of PT Aneka Tambang tbk During Covid Pandemic 19

Abstract

This study aims to predict the performance of PT. Aneka Tambang Tbk during the Covid 19 conditions, as a consideration whether to maintain share ownership to continue investing in 2020. The research method used in this study is a descriptive study method. In this study the author used secondary data by taking PT Aneka Tambang, Tbk Financial Report published from 2015-Q32019. The result could be seen that the net profit margin of PT Aneka Tambang Tbk is low. It causes the company's net profit to be unstable. The decrease in sales it will impact PT Aneka Tambang Tbk’s net profit. The volatility of net income makes equity growth not very good. Besides that, the company has an ROE which is still below 10%, which illustrates the company is not very profitable. With the current condition of Covid 19, it is not the right time for shareholders to sell their shares. The author's view is that shareholders should still hold the shares of PT Aneka Tambang Tbk in the hope that nickel prices will increase and will give a positive response to the company. Therefore, shareholders can consider continuing to invest in the long term.