American International Journal of Social Science

Financial Performance Analysis Using Economic Value Added in Consumption Industry in Indonesia Stock Exchange
Muammar Khaddafi, Mohd. Heikal

Abstract
The objective this study is analyze financial performance using economic value added of industrial consumption enterprises in the Indonesia Stock Exchange. The samples used in this study was the financial statements of industrial consumption company in the Indonesia Stock Exchange. The results found that the company's financial performance as measured by using economic value added in manufacturing industries the average consumption is negative, only PT. Ades Waters Indonesia Tbk. that have a value of positive EVA. Means that it indicates the cost of capital is greater than the operating profit after tax, so the company's financial performance is not good because they can not maximize shareholder value.

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