Abstract

Aims: Comparing and analyzing manufacturing companies listed on the IDX (Indonesian Stock Exchange) before and during the global financial crisis due to Covid-19 for the 2015-2021 period.
 Study Design: This study uses quantitative descriptive method.
 Place and Duration of Study: Indonesia Stock Exchange for the period 2015 to 2021.
 Methodology: This study utilizes quantitative information types with auxiliary information sources whose information is obtained from the annual financial statements of each company with a sample of 184 companies representing the period before Covid-19 and 190 companies representing the period during Covid-19. The information investigation utilized various tests utilizing IBM SPSS 25, including Graphic Insights Test, Kolmogorov Smirnov One Sample Test, and Mann Whitney Test.
 Results: The results show that there are tremendous differences in the proportion of ROA, EPS, CR, and DER before and during the global financial crisis due to Covid-19 in manufacturing sector companies listed on the IDX. The ROA and EPS ratios decreased significantly during the Covid-19 period and CR and DER increased significantly during the Covid-19 period, which means that Covid-19 affected all ratios so that there were significant differences between before and during the global financial crisis.
 Conclusion: This study shows that there are significant differences in the financial performance of manufacturing sector companies before and during Covid-19.

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