The Influence of Operational Flow Analysis Reports and Investment Cash Flows on the Stock Prices of Electronics Companies on the Indonesia Stock Exchange (IDX), 2018 - 2021.

Abstract

Indonesia's economic development has exhibited consistent growth over recent years, as demonstrated by the increasing number of state-owned and foreign companies establishing operations within the country. This proliferation has intensified business competition, compelling companies to continuously strategize to maintain competitiveness and aspire to be market leaders within their sectors. A critical component of business operations is cash flow management, with operating cash flow reports playing a pivotal role. These reports, directly linked to the activities involved in determining a company's net income for a specific period, reflect the company's revenue from transactions impacting profit or loss, offering an overview of cash flow from operational and investment activities. This paper examines two companies listed on the Indonesia Stock Exchange (IDX) as case studies. Company ATIC, in 2020-2021, experienced a 16.22% increase in cash flow from operating activities and a 15.63% rise in earnings per share. In contrast, its share price fell by 1.88%, suggesting potential challenges. Likewise, Company PTSN, in 2019-2020, observed a significant reduction in cash flow from investing activities by 114.86%, even as its share price rose by 39.71%, again indicating potential difficulties. These cases illustrate the profound influence of operational and investment cash flows on stock prices