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ISSN 2063-5346
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Cost Volume Profit (CPV) Analysis on PT Aneka Gas Industri Tbk

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Yunita Citra Sari Harahap , Maysarah Sabariah Kudadiri , Iskandar Muda
» doi: 10.48047/ecb/2023.12.si8.229

Abstract

This study presents a comprehensive financial analysis and profit planning for PT Aneka Gas Industri Tbk, a leading industrial gas company in Indonesia. The analysis focuses on the contribution margin, break-even point, margin of safety, and profit planning for the years 2020 to 2022. The study utilizes financial data from the company's reports and applies cost-volume-profit (CVP) analysis techniques to evaluate the company's financial performance and determine its profitability. The findings reveal that the contribution margin and contribution margin ratios for PT Aneka Gas Industri Tbk have remained relatively stable over the three-year period. The company experienced profitability during 2020 and 2021, as the contribution margin exceeded the total fixed costs. However, the contribution margin decreased in 2022, indicating a potential decline in profitability. Moreover, the break-even point analysis demonstrates that the company's sales volumes exceeded the break-even point in all three years. This suggests that the company was able to generate profits despite a decrease in the profit margins obtained. However, the break-even point increased annually, which could pose challenges to maintaining profitability in the future.Furthermore, the margin of safety analysis shows a fluctuating trend. Although the margin of safety increased in 2021, it declined in 2022 due to an increase in the break-even point. This implies a reduced safety cushion against sales declines, indicating a higher risk for the company's operations.

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