Strategic Finansial Management Analysis of PT Timah Tbk In 2024

Abstract

This study aims to analyze the strategic financial management of PT Timah Tbk in 2024 through profitability, solvency, risk, and strategic investment analysis. The study uses a descriptive qualitative approach based on secondary data obtained from the company’s financial performance indicators. The analysis focuses on Return on Assets (ROA), Return on Equity (ROE), and Debt to Equity Ratio (DER) to evaluate the company’s financial condition and sustainability. The results indicate that PT Timah Tbk demonstrates relatively good profitability performance, reflected by positive ROA and ROE values. However, the company also faces financial risks due to its high DER, indicating dependence on debt financing. Internal risks identified include high debt levels, cash flow management issues, and operational inefficiency, while external risks involve fluctuations in global tin prices, government regulations, and global economic conditions. The study also highlights the importance of digitalization and operational efficiency in supporting business sustainability. Strategic recommendations include debt restructuring, operational cost efficiency, asset optimization, and technology investment to strengthen financial stability and improve long-term competitiveness.