Analisis Perbandingan Kinerja Keuangan Perusahaan Transportasi di Indonesia dan Malaysia Sebelum dan Selama COVID-19

Comparative Analysis of the Financial Performance of Transportation Companies in Indonesia and Malaysia Before and During COVID-19

Pandemi COVID-19 dianggap sangat merugikan perkembangan ekonomi dan mengurangi profitabilitas beberapa perusahaan. Perusahaan sektor jasa memainkan peranan penting dalam pergerakan ekonomi di suatu negara, sedangkan seluruh aktivitas saat ini mayoritas dilaksanakan secara virtual. Kinerja keuangan perusahaan transportasi di Indonesia dan Malaysia akan dibandingkan sebelum dan selama Pandemi COVID-19. Terlebih, pengaruh penuh dari Pandemi ini akan berjalan sangat lama.

Penelitian ini mempunyai tujuan untuk menganalisis laporan keuangan dengan menggunakan rasio keuangan untuk melihat kinerja keuangan dalam Perusahaan. Penelitian ini menggunakan jenis penelitian kuantitatif deskriptif. Populasi penelitian ini adalah Perusahaan transportasi yang terdaftar di Bursa Malaysia dan Bursa Efek Indonesia tahun 2017 – 2022. Sumber data menggunakan data sekunder dengan Teknik purposive sampling. Sampel yang diambil berjumlah 10 perusahaan transportasi di Indonesia dan 10 perusahaan transportasi di Malaysia dalam dua periode penelitian, 2017 – 2019 sebelum COVID-19 dan 2020 – 2022 selama COVID-19. 

Hasil penelitian ini menunjukkan bahwa 1) Terdapat selisih signifikan profitabilitas perusahaan sebelum dan selama pandemi COVID-19 di Indonesia dan Malaysia, 2) Terdapat selisih signifikan leverage perusahaan sebelum dan selama pandemi COVID-19 di Indonesia dan Malaysia, 3) Terdapat selisih signifikan kinerja keuangan perusahaan sebelum dan selama pandemi COVID-19 di Indonesia dan Malaysia.

The COVID-19 pandemic is considered to be very detrimental to economic development and reduces the profitability of several companies. Service sector companies play an important role in economic movements in a country, while the majority of all activities are currently carried out virtually. The financial performance of transportation companies in Indonesia and Malaysia will be compared before and during the COVID-19 pandemic. Moreover, the full impact of this Pandemic will last a very long time.

This research aims to analyze financial reports using financial ratios to see the company's financial performance. This research uses descriptive quantitative research. The population of this research is transportation companies listed on the Malaysian Exchange and the Indonesian Stock Exchange in 2017 - 2022. The data source uses secondary data with purposive sampling technique. The samples taken were 10 transportation companies in Indonesia and 10 transportation companies in Malaysia in two research periods, 2017 – 2019 before COVID-19 and 2020 – 2022 during COVID-19. 

The results of this research show that 1) There is a significant difference in company profitability before and during the COVID-19 pandemic in Indonesia and Malaysia, 2) There is a significant difference in company leverage before and during the COVID-19 pandemic in Indonesia and Malaysia, 3) There is a significant difference in financial performance companies before and during the COVID-19 pandemic in Indonesia and Malaysia.