PENUTUP PENGARUH DIVERSIFIKASI TERHADAP KINERJA PERUSAHAAN (Studi Empiris pada Perusahaan-Perusahaan di Bursa Efek Indonesia).

53

BAB V

PENUTUP

5.1. Kesimpulan

Kesimpulan penelitian ini adalah diversifikasi berpengaruh positif

terhadap kinerja perusahaan. Berdasarkan hal tersebut maka investor dalam

melakukan investasi sebaiknya memperhatikan pelaporan segmen yang terdapat

pada laporan keuangan. Informasi segmen dapat digunakan untuk membantu

investor dalam memahami dan membuat penilaian yang lebih memadai mengenai

kinerja perusahaan secara keseluruhan

Strategi diversifikasi dilakukan sebagai salah satu cara untuk melakukan

ekspansi usaha dan memperluas pasar. Diversifikasi merupakan bentuk

pengembangan usaha dengan cara memperluas jumlah segmen secara bisnis

maupun geografis atau mengembangkan berbagai produk yang beraneka ragam

(Harto, 2005).

Perusahaan melakukan diversifikasi dengan beberapa tujuan. Roger

(2001) dalam Handayani (2009) menyatakan bahwa diversifikasi dengan industri

yang berbeda dapat mengurangi risiko. Ali (2007) dalam Handayani (2009)

menyatakan bahwa perusahaan dengan keanekaragaman produk dan pasar yang

luas dapat menciptakan

economic of scale

misalnya penghematan biaya teknologi

dibandingkan dengan perusahaan yang tidak memiliki keanekaragaman produk

dan pasar yang tidak luas. Varadarajan (1986) dalam Sutrasmawati (2008)

54

lebih unggul. Hal ini berarti bahwa strategi diversifikasi dan diferensiasi produk

diakui sebagai basis strategi pemasaran untuk menghasilkan kinerja pemasaran

yang lebih baik.

Penelitian dilakukan pada perusahaan yang terdaftar di Bursa Efek

Indonesia tahun 2009 – 2011. Berdasarkan kriteria sampel penelitian diperoleh

790 data observasi. Hasil penelitian ini mendukung hasil penelitian Patrick (2012)

yang menunjukkan bahwa perusahaan yang melakukan diversifikasi produk

memiliki kinerja yang lebih baik.

5.2. Keterbatasan

Penelitian

Penelitian ini memiliki keterbatasan yaitu perhitungan diversifikasi

DAFTAR PUSTAKA

Aisjah, Siti. 2008. Strategi Diversifikasi Korporate, Struktur Modal dan Nilai

Perusahaan (Studi pada Perusahaan yang Tercatat di Bursa Efek Indonesia).

Jurnal Aplikasi Manajemen

. Volume 8. Nomor 1

Brigham dan Houston. 2006.

Manajemen Keuangan Buku II

. Penerbit Erlangga.

Jakarta.

Daning, Yulia. 2009. Analisis Kinerja Keuangan Perusahaan yang Melakukan

Diversifikasi Usaha: Studi Empiris pada Perusahaan Publik yang Terdaftar

di Bursa Efek Indonesia (BEI).

Skripsi

. Universitas Brawijaya Malang

Deitiana, Tita. 2011. Pengaruh Rasio Keuangan, Pertumbuhan Penjualan dan

Dividen Terhadap Harga Saham.

Jurnal Bisnis dan Akuntansi

. Volume 13.

Nomor 1

El Mehdi, Imen Khanchel dan Souad Seboui. 2011. Corporate Diversification and

Earnings Management.

Review of Accounting and Finance

. Vol. 10. No. 2.

Pp 176 – 196.

Ghozali. Imam. 2009.

Aplikasi Analisis Multivariate dengan Program SPSS

.

Cetakan IV. Badan Penerbit Universitas Diponegoro. Semarang

Hadisantoso, Erwin. 2007. Pengaruh Struktur Pendanaan Terhadap Return on

Equity pada Perusahaan Industri Makanan dan Minuman yang Listing di

Bursa Efek Jakarta.

Jurnal Ichsan Gorontalo

. Volume 2. Nomor 1

Hanafi. 2005.

Analisis Laporan Keuangan

. Edisi Revisi. UPP AMP YKPN.

Yogyakarta

Handayani, Resti. 2009. Pengaruh Tingkat dan Strategi Diversifikasi Terhadap.

Profitability, Pertumbuhan dan Resiko Perusahaan Pada Industri

Manufaktur di Indonesia.

Skripsi

. Universitas Indonesia.

Harto, Puji. 2005. Kebijakan Diversifikasi Perusahaan dan Pengaruhnya Terhadap

Kinerja: Studi Empiris Pada Perusahaan Publik Indonesia.

Simposium

Nasional Akuntansi 8

. Solo

Hastuti, Theresia. 2005. dalam Ayu 2006. Hubungan Antara GCG dan Struktur

Kepemilikan dengan Kinerja Keuangan.

Simposium Nasional Akuntansi VII

Horne, James C. Van dan John M.Machowicz, 2009.

Prinsip-Prinsip Manajemen

Keuangan

. Alih bahasa Dewi Fitriasari dan Deny A.Kwary. Jakarta:

Salemba

Empat.

Ikatan Akuntan Indonesia. 2009.

Standar Akuntansi Keaungan

. Penerbit Salemba

Empat

Jogiyanto. 2010.

Metodologi Penelitian, Salah Kaprah

. Badan Penerbit Fakultas

Ekonomi UGM. Yogyakarta.

Kuncoro, Mudrajad. 2006.

Strategi Bagaimana Meraih Keunggulan Kompetitif

.

Penerbit Erlangga. Jakarta

Kusmawati. 2008. Diversifikasi, kepemilikan Manajerial dan Kinerja Perusahaan.

Jurnal Keuangan dan Bisnis

. Volume 6. Nomor 1

Munawir. 2007.

Analisa Laporan Keuangan

.

Edisi Keempat. Cetakan

Kelimabelas. Penerbit Liberty. Yogyakarta

Munthe. 2009.

Pengaruh Struktur Kepemilikan, Karakteristik Perusahaan, Tata

Kelola Korporasi Terhadap Kinerja Perusahaan Manufaktur di Bursa Efek

Indonesia

. www.google.com. Diakses tanggal 10 September 2012

Park, Choelsoon. 2002. The Effect of Prior Performance on The Choice Between

Related and Unrelated Acquisitions: Implications for The Performance

Consequences of Diversification Strategy.

Journal of Management Studies

Patrick, Oladele Olajide. 2012. Product Diversification and Performance of

Manufacturing Firm in Nigeria.

European Journal of Business and

Management

. Volume 4. No. 7

Prastowo, Dwi. 2005.

Analisis Laporan Keuangan Konsep Aplikasi

. Edisi Kedua.

UPP AMP YKPN. Yogyakarta

Sari, Inayah Adi, Adi Wiranto dan Eko Suyono. 2011.

Pengaruh Strategi

Diversifikasi dan Karakteristik Perusahaan Terhadap Kinerja Perusahaan

.

http://www.univpancasila.ac.id. Diakses tanggal 9 Oktober 2012

Satoto, Shinta Heru. 2009. Strategi Diversifikasi Terhadap Kinerja Perusahaan.

Sembiring, Seniwati. 2008. Pengaruh Ukuran Perusahaan dan Kebijakan

Pendanaan Terhadap Kinerja Keuangan Pada Perusahaan Bisnis Properti di

Bursa Efek Jakarta.

Tesis

. Universitas Sumatera Utara. Medan

Sugiyono. 2009.

Metode Penelitian Bisnis

. Cetakan Keempatbelas. Bandung:

Penerbit Alfabeta

Suharyono. 2006. Pengaruh Faktor Lingkungan dan Kontrol Eksternal Terhadap

Strategi Diversifikasi dan Kinerja Sub Sektor Industri Manufaktur Besar di

Jawa Timur.

Eksekutif

. Volume 5. Nomor 1.

Supriyono. 1999.

Akuntansi Manajemen 1 Konsep Dasar Akuntansi Manajemen

dan Proses Perencanaan

. Edisi 1. Cetakan Kelima. Penerbit BPFE

Yogyakarta

No Nama Perusahaan Kode SR SIZE SM PP ROA 1 Ace Hardware Indonesia Tbk ACES 0.6858 27.6011 0.0341 0.1164 0.1591 2 Adhi Karya (Persero) Tbk ADHI 0.8939 29.3590 6.6857 0.1618 0.0289

3 AGIS Tbk TMPI 0.9415 27.9522 0.0047 -0.2811 -0.0046

4 Akbar Indo Makmur Stimec Tbk AIMS 1.0000 25.9304 0.0186 0.2797 0.0036 5 AKR Corporindo Tbk AKRA 0.7508 29.4326 0.5870 -0.0545 0.0561 6 Alfa Retailindo Tbk ALFA 0.7026 27.2354 0.0987 -0.0565 -0.1128 7 Ancora Indonesia Resources Tbk OKAS 0.5285 27.6369 1.8611 0.2788 0.0696 8 Aneka Kemasindo Utama Tbk AKKU 0.5279 24.2044 0.0361 -0.6825 -0.1743 9 Aneka Tambang (Persero) Tbk ANTM 0.5494 29.9276 0.1228 -0.0918 0.0599 10 Anta Express Tour & Travel Service Tbk ANTA 0.7855 26.6105 0.2359 -0.0858 0.0441 11 Apac Citra Centertex Tbk MYTX 0.0035 28.2207 32.8232 -0.2202 -0.0127 12 Argha Karya Prima Industry Tbk AKPI 0.7154 28.0933 0.3036 -0.1286 0.0660 13 Argo Pantes Tbk ARGO 1.0000 28.0102 31.0266 -0.3085 -0.0518

14 Arthavest Tbk ARTA 1.0000 25.9857 0.2168 0.0949 0.0349

15 Arwana Citramulia Tbk ARNA 0.9837 27.4358 0.6295 0.1034 0.0791 16 Asahimas Flat Glass Tbk AMFG 0.8368 28.3103 0.1360 -0.1441 0.0341 17 Asia Kapitalindo Securities Tbk AKSI 0.9169 25.2814 0.0377 -0.0749 0.0203 18 Asiaplast Industries Tbk APLI 0.3994 26.4350 0.4177 -0.0540 0.0997 19 Astra Graphia Tbk ASGR 0.6106 27.3759 0.0826 0.2992 0.0864 20 Astra International Tbk ASII 0.5062 32.1190 0.3327 0.0151 0.1399 21 Astra Otoparts Tbk AUTO 0.6688 29.1668 0.0878 -0.0024 0.1744 22 Asuransi Bina Dana Arta Tbk ABDA 0.6808 26.9738 1.5407 0.3351 0.0503 23 Asuransi Bintang Tbk ASBI 0.5880 25.9536 0.2815 -0.0762 0.0195 24 Asuransi Dayin Mitra Tbk ASDM 0.4242 26.2950 0.0339 0.0185 0.0293 25 Asuransi Harta Aman Pratama AHAP 0.7181 25.3361 0.0409 0.4816 0.0722 26 Asuransi Jasa Tania Tbk ASJT 0.3047 25.9069 0.0199 0.1045 0.0516 27 Asuransi Multi Artha Guna Tbk AMAG 0.6714 26.9504 0.2865 0.0530 0.0972 28 Asuransi Ramayana Tbk ASRM 0.3942 26.6205 0.0989 0.0316 0.0606 29 Bakrie & Brothers Tbk BNBR 0.4033 24.0331 2.2781 -0.0920 -0.0503 30 Bakrieland Development Tbk ELTY 0.6038 30.0814 0.6612 0.0049 0.0139 31 Bank Bukopin Tbk BBKP 0.9518 31.2466 0.1811 0.0936 0.0097 32 Bank Bumi Arta Tbk BNBA 1.0000 28.5078 0.0862 0.0454 0.0117 33 Bank Capital Indonesia Tbk BACA 0.5729 28.8721 0.0596 0.3659 0.0065 34 Bank Central Asia Tbk BBCA 0.5540 33.2743 0.1006 0.1882 0.0241 35 Bank OCBC NISP Tbk NISP 0.9654 31.2434 0.3199 0.2326 0.0118 36 Bank Pan Indonesia PNBN 0.9453 31.9859 0.2199 0.2269 0.0133 37 Batavia Prosperindo Finance Tbk BPFI 0.7009 26.1620 0.0298 0.1533 0.0732 38 Bayu Buana Tbk BAYU 0.7870 26.0430 0.0451 -0.0405 0.0020 39 Bentoel International Investama Tbk RMBA 0.9814 29.0903 0.8532 0.0237 0.0058

40 Berlina Tbk BRNA 0.7973 26.9522 0.5883 0.1192 0.0440

41 BFI Finance Indonesia Tbk BFIN 0.9023 28.5036 0.0312 0.0221 0.1259 42 Bhakti Investama Tbk BHIT 0.6490 30.4706 0.5510 0.0874 0.0010 43 Bhuwanatala Indah Permai Tbk BIPP 0.7202 25.9966 0.0334 -0.0055 -0.1109 44 Bisi International Tbk BISI 0.3357 27.9761 0.0283 -0.5195 0.0630 45 Buana Finance Tbk BBLD 0.6452 27.9464 0.0078 -0.0961 0.0300 46 Budi Acid Jaya Tbk BUDI 0.7518 28.1003 0.4648 0.1483 0.0974 47 Bukit Darmo Property Tbk BKDP 1.0000 27.4816 0.2741 -0.8405 -0.0083 48 Bumi Citra Permai Tbk BCIP 0.8017 25.8393 0.0117 1.1640 0.0517 49 Bumi Serpong Damai Tbk BSDE 0.5312 29.1555 0.1295 -0.0833 0.0672 50 Bumi Teknokultura Unggul Tbk BTEK 0.9930 25.1091 0.0025 1.3163 -0.0776 51 BW Plantation Tbk BWPT 1.0000 28.1152 0.4172 0.1371 0.1032 52 Cahaya Kalbar Tbk CEKA 0.6436 27.0660 0.6314 -0.3917 0.0871 53 Capitalinc Investment Tbk MTFN 0.2904 26.1149 0.6015 -0.0605 0.0964 54 Catur Sentosa Adiprana Tbk CSAP 0.0008 27.9571 0.2260 0.0600 0.0103 55 Central Proteinaprima Tbk CPRO 0.4277 29.7946 1.0528 -0.1637 -0.0250 56 Centris Multi Persada Pratama Tbk CMPP 1.0000 24.9463 0.4255 -0.3796 -0.1922 57 Charoen Pokphand Indonesia Tbk CPIN 0.8810 29.3080 0.1969 0.6809 0.3027 58 Cipendawa Tbk CPDW 0.8067 24.0763 7.0136 -0.2368 -0.3695 59 Ciputra Development Tbk CTRA 0.7179 29.7774 0.2683 0.0224 0.0266

No Nama Perusahaan Kode SR SIZE SM PP ROA 60 Ciputra Property CTRP 0.0006 28.9263 0.0261 0.0395 0.0241 61 Ciputra Surya Tbk CTRS 0.8712 28.4502 0.0046 -0.3264 0.0272 62 Citatah Industri Marmer Tbk CTTH 0.8277 25.9683 0.3462 -0.0701 0.0881 63 Citra Marga Nusaphala Persada Tbk CMNP 0.9477 28.6584 0.7134 0.1100 0.0220 64 Clipan Finance Indonesia Tbk CFIN 0.8036 28.2027 0.0318 0.0187 0.0848 65 Colopark Indonesia Tbk CLPI 0.4539 26.1132 0.0605 -0.1124 0.1410 66 Danasupra Erapacific Tbk DEFI 0.5724 24.4069 0.0026 -0.6474 -0.0546 67 Darya-Varia Laboratoria Tbk DVLA 0.5011 27.3872 0.0544 0.5048 0.0922 68 Davomas Abadi Tbk DAVO 1.0000 28.6628 5.2639 -0.8803 -0.3023 69 Duta Anggada Realty Tbk DART 0.5648 28.7983 0.2887 -0.1543 0.0094 70 Duta Pertiwi Nusantara Tbk DPNS 1.0000 25.6830 0.1961 -0.1721 0.0427 71 Duta Pertiwi Tbk DUTI 0.7096 29.1193 0.0582 -0.0563 0.0603

72 Dynaplast Tbk DYNA 0.8318 27.8861 0.4696 0.0796 0.0686

73 Dyviacom Intrabumi Tbk DNET 0.8527 23.5743 0.0878 0.0025 0.0109 74 Ekadharma International Tbk EKAD 0.9897 25.8300 0.1688 0.1236 0.0969 75 Elang Mahkota Teknologi Tbk EMTK 0.5814 28.9567 0.2550 -0.0943 0.0536

76 Elnusa Tbk ELSA 0.6226 29.0686 0.3273 0.4396 0.1115

77 Energi Mega Persada Tbk ENRG 1.0000 29.9585 2.4582 -0.9223 -0.1690 78 Enseval Putra Megatrading Tbk EPMT 0.4741 28.7250 0.0305 0.1566 0.1102 79 Equity Development Investment Tbk GSMF 0.9416 28.1210 0.0379 0.0132 0.0117 80 Eterindo Wahanatama Tbk ETWA 0.4967 27.0070 0.0116 0.0708 0.0195 81 Ever Shine Textile Industry Tbk ESTI 0.9569 26.9749 0.2182 -0.0515 0.0148 82 Exploitasi Energi Indonesia Tbk CNKO 0.9523 27.5014 0.1536 0.2468 0.0031 83 Fajar Surya Wisesa Tbk FASW 0.9280 28.9315 1.0252 -0.0970 0.0754 84 Fast Food Indonesia Tbk FAST 0.8573 27.6716 0.1276 0.2134 0.1748 85 First Media Tbk KBLV 0.9074 28.1081 1.6140 0.3643 0.0203 86 FKS Multi Agro Tbk FISH 0.9845 27.0465 0.0268 -0.1077 0.0585 87 Fortune Indonesia Tbk FORU 0.8500 26.1625 0.0988 0.1309 0.0286 88 Fortune Mate Indonesia Tbk FMII 0.8225 26.4509 0.0003 -0.6015 -0.0430 89 Gajah Tunggal Tbk GJTL 0.9128 29.8145 1.8248 -0.0034 0.1020 90 Gema Grahasarana Tbk GEMA 0.6991 26.4906 0.8638 -0.1460 0.0182 91 Global Land Development Tbk KPIG 1.0000 28.3673 0.1166 0.1929 0.0547 92 Global Mediacom Tbk BMTR 0.7793 30.2323 0.3252 -0.0650 0.0246 93 Goodyear Indonesia Tbk GDYR 1.0000 27.7511 0.6542 0.0388 0.1074 94 Gowa Makasar Tourism Dev Tbk GMTD 0.9040 26.4457 0.0000 0.0487 0.0441 95 Gozco Plantations Tbk GZCO 0.9172 28.3207 0.6880 0.4027 0.0865 96 Grahamas Citrawisata Tbk GMCW 0.6213 23.5469 0.7073 0.2967 0.1833 97 Gudang Garam Tbk GGRM 0.9710 30.9354 0.0485 0.0900 0.1280 98 Gunawan Dian Jaya Steel Tbk GDST 1.0000 27.6013 0.0167 -0.4565 0.0856 99 Hero Supermarket Tbk HERO 0.9233 28.6714 0.2746 0.1346 0.0342 100 Holcim Indonesia Tbk SMCB 0.8613 29.9544 0.8406 0.1129 0.0893 101 Hotel Sahid Jaya International Tbk SHID 0.8640 27.2903 0.5385 0.1334 0.0129 102 Humpuss Intermoda Transportasi Tbk HITS 0.9393 28.4032 0.3653 0.0595 0.0057 103 Indal Alumunium Industry Tbk INAI 0.7156 26.8769 2.2383 -0.2669 -0.0273 104 Indika Energi Tbk INDY 0.8702 30.0892 0.9296 0.0744 0.0632 105 Indo Acidatama Tbk SRSN 0.7409 26.7486 0.2214 0.1230 0.0613 106 Indo Kordsa Tbk BRAM 0.8879 27.9309 0.0346 -0.0838 0.0561 107 Indocement Tunggal Prakarsa Tbk INTP 0.9730 30.2170 0.0750 0.0814 0.2070 108 Indoexchange Tbk INDX 0.9890 24.4818 0.0000 -0.0562 0.0030 109 Indofarma Tbk INAF 0.6700 27.3136 0.1754 -0.2391 0.0029 110 Indofood Sukses Makmur Tbk INDF 0.3708 31.3294 1.3518 -0.0427 0.0707 111 Indomobil Sukses Internasional Tbk IMAS 0.9566 29.2589 3.1543 -0.1534 0.0303 112 Indonesia Air Transport Tbk IATA 0.9948 27.0551 1.0018 -0.1828 -0.0619 113 Indonesia Paradise Property Tbk INPP 0.7839 25.5640 0.0097 0.2223 0.0628 114 Indonesia Prima Property Tbk OMRE 0.3749 27.3365 0.3090 0.0604 0.1125

115 Indosat Tbk ISAT 0.7500 31.6391 1.3189 -0.0143 0.0282

No Nama Perusahaan Kode SR SIZE SM PP ROA 122 Jakarta International Hotel & Dev Tbk JIHD 0.7429 29.2676 0.5167 1.1904 0.1484 123 Jakarta Setiabudi Internasional Tbk JSPT 0.6943 28.5858 0.4918 0.0368 0.0570

124 Japfa Tbk JPFA 0.6636 29.4344 0.9047 0.1322 0.1481

125 Jaya Konstruksi Manggala Pratama Tbk JKON 0.4609 28.0620 0.0562 0.1546 0.0813 126 Jaya Pari Steel Tbk JPRS 0.6520 26.5924 0.0241 -0.5866 0.0054 127 Jaya Real Property Tbk JRPT 0.7955 28.5809 0.1089 0.0208 0.0749 128 Jembo Cable Company Tbk JECC 0.8873 27.0989 0.1853 -0.3255 0.0270 129 Kabelindo Murni Tbk KBLM 0.9089 26.5948 0.0584 -0.4417 0.0047 130 Kageo Igar Jaya Tbk IGAR 0.8530 26.4847 0.0676 0.0674 0.1191 131 Kalbe Farma Tbk KLBF 0.3533 29.5001 0.0236 0.1536 0.1619 132 Kawasan Industri Jababeka Tbk KIJA 0.4757 28.7923 0.0889 -0.1479 0.0051 133 Kedaung Indah Can Tbk KICI 0.6681 25.1574 0.2285 -0.1093 -0.0619 134 Kedawung Setia Industrial Tbk KDSI 0.8658 27.0344 0.0742 -0.1096 0.0191 135 Kertas Basuki Rachmat Indonesia Tbk KBRI 0.5391 27.7250 0.7880 -0.3215 0.0185 136 Kimia Farma Tbk KAEF 0.8875 28.0774 0.0567 0.0552 0.0400 137 KMI Wire and Cable Tbk KBLI 0.6850 26.9191 0.5392 -0.5252 0.0422 138 Lamicitra Nusantara Tbk LAMI 0.5704 27.1375 0.2297 0.1944 0.0275 139 Langgeng Makmur Industri Tbk LMPI 0.4665 27.0158 0.1260 0.1685 0.0111 140 Lautan Luas Tbk LTLS 0.7954 28.7563 1.0560 -0.1595 0.0321 141 Limas Centric Indonesia Tbk LMAS 0.8883 26.1042 1.9432 0.1056 -0.0159 142 Lippo Cikarang Tbk LPCK 0.7457 28.0699 1.4502 0.1685 0.0166 143 Lippo General Insurance Tbk LPGI 0.6585 27.1469 0.0420 0.1029 0.0375 144 Lippo Karawaci Tbk LPKR 0.0003 30.1265 0.3329 0.0046 0.0360 145 Mahaka Media Tbk ABBA 0.6236 26.1610 0.1132 0.0258 0.0062 146 Malindo Feedmill Tbk MAIN 0.7220 27.5092 2.9069 0.0803 0.0852 147 Mandom Indonesia Tbk TCID 0.3852 27.6256 0.0412 0.1201 0.1253 148 Mas Murni Indonesia Tbk MAMI 0.5058 27.1497 0.0312 0.1385 0.0049 149 Maskapai Reasuransi Indonesia Tbk MREI 0.5322 26.5459 0.0441 0.4470 0.0939 150 Mayora Indah Tbk MYOR 0.5579 28.8086 0.5429 0.2225 0.1178 151 Media Nusantara Citra Tbk MNCN 0.9453 29.6646 0.3273 0.0005 0.0519

152 Merck Tbk MERK 0.6964 26.7962 0.0330 0.1793 0.3380

No Nama Perusahaan Kode SR SIZE SM PP ROA 184 Polychem Indonesia Tbk ADMG 0.3481 28.9447 1.2202 -0.2148 0.0145 185 Pool Advista Indonesia Tbk POOL 0.3075 25.6632 0.0132 0.0188 0.0604 186 PP London Sumatera Tbk LSIP 0.7733 29.2105 0.0924 -0.1681 0.1458 187 Prasidha Aneka Niaga Tbk PSDN 0.6771 26.5915 0.3819 -0.1693 0.1271 188 Prima Alloy Steel Tbk PRAS 0.9999 26.7652 2.8475 -0.6075 -0.0861 189 PT PP (Persero) Tbk PTPP 0.9850 29.0482 1.0254 0.0685 0.0396 190 Pudjiadi & Son Estate Tbk PNSE 0.5828 26.3947 0.7642 0.1900 0.1486 191 Pudjiadi Prestige Tbk PUDP 0.7447 26.3068 0.0122 0.1457 0.0243 192 Pusako Tarinka Tbk PSKT 0.4682 24.0754 0.1573 0.4913 0.0217 193 Pyridam Farma Tbk PYFA 0.9724 25.3278 0.0718 0.1039 0.0378 194 Radiant Utama Interinsco Tbk RUIS 0.6294 27.0574 0.8841 -0.1196 0.0330 195 Ramayana Lestari Sentosa Tbk RALS 0.3003 28.7970 0.0447 -0.0245 0.1043 196 Ratu Prabu Energy Tbk ARTI 0.9425 27.7931 1.2976 -0.0669 -0.1535 197 Ricky Putra Globalindo Tbk RICY 0.4681 27.1197 0.1087 0.0350 0.0062 198 Roda Vivatex Tbk RDTX 0.6874 27.2021 0.0899 0.1483 0.1575 199 Royal Oak Development Asia Tbk RODA 0.4278 24.9724 0.1050 -0.4710 -0.0022 200 Rukun Raharja Tbk RAJA 0.8731 24.9724 0.0019 0.0996 0.0024 201 Samudera Indonesia Tbk SMDR 0.8526 29.3851 1.1717 -0.1651 0.0000 202 Sarana Menara Nusantara Tbk TOWR 0.9923 29.5592 4.4136 2.9552 0.0857 203 Schering Plough Indonesia Tbk SCPI 0.6761 26.0524 0.6384 0.3965 0.0523 204 Sekar Laut Tbk SKLT 0.3492 26.0023 0.3191 -0.1176 0.0653 205 Sekawan Inti Pratama Tbk SIAP 0.7649 25.7167 0.0538 0.1688 0.0307 206 Selamat Sempurna Tbk SMSM 0.7273 27.5709 0.0706 0.0156 0.1518 207 Semen Gresik (Persero) Tbk SMGR 0.9952 30.1922 0.3318 -0.9988 0.2589

208 Sentul City BKSL 0.8316 28.6549 0.0052 1.0304 0.0009

209 Siantar TOP Tbk STTP 0.4522 27.0309 0.0846 0.0043 0.0749 210 Sierad Produce Tbk SIPD 0.6130 28.1265 0.0315 0.3906 0.0227 211 Sinar Mas Agro Resources And Technology (SMART) Tbk SMAR 0.9132 29.9544 0.5225 -0.1180 0.0732 212 Sinar Mas Multiartha Tbk SMMA 0.8635 30.6117 0.1282 0.3835 0.0372 213 Siwani Makmur Tbk SIMA 1.0000 24.7016 0.0703 -0.9149 -0.1872 214 Sona Topas Tourism Industry Tbk SONA 0.9117 26.9458 0.6011 -0.0468 0.0530 215 Sorini Agro Asia Corporindo Tbk SOBI 1.0000 27.8641 0.2327 -0.0149 0.1493 216 Star Pacific Tbk LPLI 0.9878 27.5873 0.0190 1.5867 -0.1337

217 Sucaco Tbk SCCO 0.8781 27.6729 0.0259 -0.2901 0.0175

No Nama Perusahaan Kode SR SIZE SM PP ROA

1 Ace Hardware Indonesia Tbk ACES 0.6678 27.8061 0.0354 0.2060 0.1465

2 Adaro Energy Tbk ADRO 0.5740 31.3348 0.8708 8.1652 0.0059

3 Adhi Karya (Persero) Tbk ADHI 0.7492 29.2259 0.7075 -0.2644 0.0386

4 Agung Podomoro Land Tbk APLN 0.7572 29.6545 0.0039 1.2650 0.0374

5 Akasha Wira International Tbk ADES 0.6757 26.5055 1.3753 0.6271 0.0976

6 Akbar Indo Makmur Stimec Tbk AIMS 1.0000 25.7082 0.0256 0.0347 0.0031

7 AKR Corporindo Tbk AKRA 0.7771 29.6678 0.4033 0.3611 0.0442

8 Alakasa Industrindo Tbk ALKA 0.9361 25.7934 0.5686 0.1110 0.0261

9 Alam Karya Unggul Tbk AKKU 0.7605 24.0689 0.0002 0.1510 -0.1650

10 Alfa Retailindo Tbk ALFA 0.6890 27.2351 0.1084 0.0221 0.0611

11 Ancora Indonesia Resources Tbk OKAS 0.5776 27.8834 2.4042 0.0542 0.0462

12 Aneka Tambang (Persero) Tbk ANTM 0.6911 30.1415 0.0752 0.0038 0.1361

13 Anta Express Tour & Travel Service Tbk ANTA 0.7611 26.6063 0.2353 0.1919 0.0312

14 Apac Citra Centertex Tbk MYTX 0.9984 28.2639 12.8342 0.1586 -0.1239

15 Argo Pantes Tbk ARGO 1.0000 27.9875 4.2096 -0.1201 -0.0875

16 Arwana Citramulia Tbk ARNA 1.0000 27.4954 0.3693 -0.9777 0.0012

17 Asahimas Flat Glass Tbk AMFG 0.7913 28.4950 0.1106 0.2683 0.1395

18 Asia Natural Resources Tbk ASIA 1.0000 24.9017 0.1903 -0.3764 0.0508

19 Asiaplast Industries Tbk APLI 0.3677 26.5372 0.0896 -0.0028 0.0736

20 Astra Graphia Tbk ASGR 0.6414 27.6178 0.0438 0.1725 0.1200

21 Astra International Tbk ASII 1.0000 32.3571 0.3456 0.3194 0.0002

22 Astra Otoparts Tbk AUTO 0.6592 29.3513 0.0598 0.1879 0.2194

23 Asuransi Bina Dana Arta Tbk ABDA 0.7288 27.4635 1.8679 0.2668 0.0536

24 Asuransi Bintang Tbk ASBI 0.4878 26.2188 0.4672 0.1596 0.0110

25 Asuransi Dayin Mitra Tbk ASDM 0.3553 26.4538 0.0311 0.1994 0.0459

26 Asuransi Harta Aman Pratama Tbk AHAP 0.6654 25.5639 0.0395 0.4735 0.0744

27 Asuransi Jasa Tania Tbk ASJT 0.4358 25.9304 0.0164 0.2149 0.0658

28 Asuransi Multi Artha Guna Tbk AMAG 0.6702 27.2069 0.3744 0.1251 0.0907

29 Asuransi Ramayana Tbk ASRM 1.0000 26.8489 0.7034 0.0125 0.0533

30 Bakrie & Brothers Tbk BNBR 0.5291 24.1817 1.1013 0.7177 -0.2203

31 Bakrie Sumatra Plantations Tbk UNSP 0.8978 30.5489 0.7949 0.2921 0.0390

32 Bakrieland Development Tbk ELTY 0.5331 30.4680 0.5514 0.2914 0.0123

33 Bank Bukopin Tbk BBKP 0.9501 31.4915 0.1489 0.0394 0.0104

34 Bank Bumi Arta Tbk BNBA 0.9185 28.6097 0.0667 0.0887 0.0101

35 Bank Capital Indonesia Tbk BACA 0.5558 29.1125 0.0029 0.4421 0.0053

36 Bank Central Asia Tbk BBCA 0.6496 33.4131 0.0824 -0.0991 0.0261

37 Bank OCBC NISP Tbk NISP 0.5327 31.2434 0.5780 0.0465 0.0087

38 Bank Pan Indonesia Tbk PNBN 0.9410 32.3219 0.3954 0.1096 0.0130

39 Batavia Prosperindo Finance Tbk BPFI 0.8150 26.1620 0.0380 0.0887 0.1128

40 Bayan Resources Tbk BYAN 0.9844 29.7559 0.8126 0.1281 0.0933

41 Bayu Buana Tbk BAYU 0.7597 26.1100 0.0414 0.0572 0.0342

42 Benakat Petroleum Energy Tbk BIPI 0.5571 29.1780 0.0556 0.4659 -0.0201

43 Bentoel International Investama Tbk RMBA 0.9984 29.2208 0.7287 0.4642 0.0446

44 Berau Coal Energy Tbk BRAU 1.0000 30.4432 2.2218 0.1525 0.0477

45 Berlina Tbk BRNA 0.7975 27.0348 0.4730 0.0581 0.0689

46 BFI Finance Indonesia Tbk BFIN 0.8950 28.9843 0.1251 0.0136 0.0936

47 Bhakti Investama Tbk BHIT 0.7001 30.4406 0.3276 0.1495 0.0156

48 Bhuwanatala Indah Permai Tbk BIPP 0.7652 25.9775 0.0274 -0.0184 -0.0262

49 Bintang Mitra Semestaraya Tbk BMSR 0.9878 27.3257 0.0160 0.0533 -0.0772

50 Bisi International Tbk BISI 0.3691 27.9409 0.0275 0.1441 0.1102

51 Borneo Lumbung Energy & Metal Tbk BORN 1.0000 29.7739 0.0954 12.7227 0.0409

52 Buana Finance Tbk BBLD 0.6507 28.0902 0.0082 0.1064 0.0382

53 Budi Acid Jaya Tbk BUDI 0.7552 28.3079 0.4632 0.1920 0.0238

54 Bukit Asam Tbk PTBA 0.9973 29.7969 0.1781 -0.1161 0.2292

No Nama Perusahaan Kode SR SIZE SM PP ROA

55 Bukit Darmo Property Tbk BKDP 1.0000 27.6484 0.0060 0.4362 -0.0144

56 Bumi Resources Mineral Tbk BRMS 1.0000 30.6315 0.1584 7.3035 0.0559

57 Bumi Serpong Damai Tbk BSDE 0.7376 30.0902 0.1581 0.9496 0.0642

58 Bumi Teknokultura Unggul Tbk BTEK 0.9997 25.1028 0.0601 1.0766 -0.0570

59 BW Plantation Tbk BWPT 1.0000 28.6073 0.8101 0.2192 0.0918

60 Cahaya Kalbar Tbk CEKA 0.5704 27.4691 0.5073 -0.3988 0.0348

61 Capitalinc Investment Tbk MTFN 0.6446 26.9836 0.0000 0.0884 0.0074

62 Catur Sentosa Adiprana Tbk CSAP 0.7882 28.1645 0.2242 0.1641 0.0219

63 Central Proteinaprima Tbk CPRO 0.6997 29.7632 0.1528 -0.0862 -0.0754

64 Centrin Online Tbk CENT 0.7899 26.5149 0.0536 3.3695 0.0111

65 Centris Multi Persada Pratama Tbk CMPP 1.0000 24.9020 0.3915 -0.0143 0.0035

66 Champion Pacific Indonesia Tbk IGAR 0.8661 26.5740 0.0432 0.0699 0.0925

67 Chandra Asri Petrochemical Tbk TPIA 1.0000 28.7307 0.0343 0.0921 0.1160

68 Charoen Pokphand Indonesia Tbk CPIN 0.8412 29.5056 0.1289 0.0335 0.3406

69 Ciputra Development Tbk CTRA 0.7689 29.8694 0.3915 0.2704 0.0415

70 Ciputra Property CTRP 0.6204 28.9722 0.0239 0.0541 0.0443

71 Ciputra Surya Tbk CTRS 0.9231 28.5901 0.3735 0.5156 0.0369

72 Citatah Industri Marmer Tbk CTTH 0.7964 26.0197 0.2935 0.0238 0.0640

73 Citra Marga Nusaphala Persada Tbk CMNP 0.9364 28.6875 0.5245 0.1882 0.1023

74 Clipan Finance Indonesia Tbk CFIN 0.8379 28.6220 0.0046 0.2224 0.0745

75 Colopark Indonesia Tbk CLPI 0.4416 26.3415 0.1296 0.1532 0.1033

76 Danasupra Erapacific Tbk DEFI 0.9486 24.4484 0.0026 1.5726 0.0388

77 Danayasa Arthatama Tbk SCBD 0.7357 28.8768 0.1896 -0.4216 0.0616

78 Darya-Varia Laboratoria Tbk DVLA 0.5464 27.4733 0.0602 0.0691 0.1298

79 Davomas Abadi Tbk DAVO 0.0164 28.6809 1.9400 2.9670 0.0000

80 Delta Dunia Makmur Tbk DOID 1.0000 29.6641 41.2204 -0.0869 -0.0208

81 Dharma Samudera Fishing Industries Tbk DSFI 0.9893 25.7080 3.5494 -0.2778 0.0345

82 Duta Anggada Realty Tbk DART 0.3401 28.5718 0.2013 0.1099 0.0105

83 Duta Graha Indah Tbk DGIK 1.0000 28.3036 0.0153 0.0516 0.0360

84 Duta Pertiwi Nusantara Tbk DPNS 1.0000 25.8919 0.2004 0.0428 0.0799

85 Duta Pertiwi Tbk DUTI 0.7021 29.1835 0.0508 0.0048 0.0699

86 Dyviacom Intrabumi Tbk DNET 0.9530 23.5351 0.1127 0.0243 0.0264

87 Ekadharma International Tbk EKAD 0.9929 26.0437 0.0917 0.2391 0.1282

88 Elang Mahkota Teknologi Tbk EMTK 0.5893 29.0930 0.2163 0.1856 0.1167

89 Elnusa Tbk ELSA 0.5210 28.9335 0.2356 0.1498 0.0174

90 Energi Mega Persada Tbk ENRG 1.0000 30.0959 0.4669 7.6564 -0.0054

91 Enseval Putra Megatrading Tbk EPMT 0.4582 28.8111 0.0204 0.1361 0.0791

92 Equity Development Investment Tbk GSMF 0.9270 28.3908 0.0795 0.1930 0.0207

93 Eterindo Wahanatama Tbk ETWA 0.5352 27.0025 0.0218 0.0594 0.0715

94 Ever Shine Textile Industry Tbk ESTI 0.9661 27.0919 0.1549 0.1354 0.0025

95 Evergreen Invesco Tbk GREN 0.4813 27.0403 0.0083 1.2012 0.0044

96 Exploitasi Energi Indonesia Tbk CNKO 0.9820 27.8239 0.1310 1.1705 0.0583

97 Fajar Surya Wisesa Tbk FASW 1.0000 29.1340 0.6868 0.2388 0.0630

98 Fast Food Indonesia Tbk FAST 0.8761 27.8429 0.1342 0.1871 0.1615

99 First Media Tbk KBLV 0.8874 28.1398 0.0848 0.1524 0.0252

100 FKS Multi Agro Tbk FISH 0.9894 27.7280 0.0149 1.0038 0.0001

101 Fortune Indonesia Tbk FORU 0.9268 26.3437 0.1103 0.1985 0.0349

102 Fortune Mate Indonesia Tbk FMII 1.0000 26.5750 0.0005 -0.3494 -0.0166

103 Gajah Tunggal Tbk GJTL 0.9130 29.9701 1.2180 0.2416 0.0801

104 Garuda Indonesia (Persero) Tbk GIAA 0.9412 30.2459 1.4333 0.0937 0.0214

105 Gema Grahasarana Tbk GEMA 0.5869 26.5743 0.7623 0.1747 0.0752

106 Global Land Development Tbk KPIG 1.0000 28.3691 0.0488 0.2770 0.0779

107 Global Mediacom Tbk BMTR 0.7675 30.2323 0.2195 0.2565 0.0631

108 Golden Retailindo Tbk GOLD 0.6733 24.9718 0.0633 0.2022 0.0861

109 Gowa Makasar Tourism Dev Tbk GMTD 0.9524 26.6066 1.5843 0.8802 0.0768

110 Gozco Plantations Tbk GZCO 0.8999 28.3710 0.6114 0.1143 0.0771

No Nama Perusahaan Kode SR SIZE SM PP ROA

112 Gudang Garam Tbk GGRM 0.9725 31.0566 0.0443 0.1431 0.1371

113 Gunawan Dian Jaya Steel Tbk GDST 1.0000 27.7029 0.0140 0.0418 0.1439

114 Hanjaya Mandala Sampoerna Tbk HMSP 1.0000 30.6527 0.0520 0.1131 0.3129

115 Harum Energy Tbk HRUM 0.9712 28.8752 0.0258 -0.0253 0.2828

116 Hero Supermarket Tbk HERO 0.9314 28.7706 0.1832 0.1524 0.0710

117 Holcim Indonesia Tbk SMCB 0.9094 29.9764 0.3306 -0.5201 0.0796

118 Hotel Mandarine Regency Tbk HOME 0.4203 25.9544 0.2998 0.2327 0.0143

119 Hotel Sahid Jaya International Tbk SHID 0.8902 27.1515 0.5500 0.2383 0.0289

120 Humpuss Intermoda Transportasi Tbk HITS 0.8657 28.1959 0.7909 -0.6044 -0.3757

121 Indal Alumunium Industry Tbk INAI 0.7654 26.6869 1.2786 -0.0196 0.0409

122 Indika Energi Tbk INDY 0.9312 30.0698 0.8538 0.5143 0.0679

123 Indo Acidatama Tbk SRSN 0.7393 26.6204 0.1459 -0.0274 0.0270

124 Indo Kordsa Tbk BRAM 0.8484 28.0316 0.0962 0.2031 0.0970

125 Indocement Tunggal Prakarsa Tbk INTP 0.9686 30.3619 0.0687 0.0531 0.2101

126 Indofarma Tbk INAF 0.7562 27.3217 0.1515 -0.0686 0.0171

127 Indofood CBP Sukses Makmur Tbk ICBP 0.7041 30.2234 0.1455 3.4811 0.1386

128 Indofood Sukses Makmur Tbk INDF 0.3311 31.4870 0.7485 0.0340 0.0832

129 Indomobil Sukses Internasional Tbk IMAS 0.9408 29.7086 1.6914 0.5758 0.0685

130 Indonesia Air Transport Tbk IATA 0.9998 27.1092 0.8843 -0.1033 -0.0668

131 Indonesia Paradise Property Tbk INPP 1.0000 27.4210 0.3330 3.8080 0.0294

132 Indosat Tbk ISAT 0.8096 31.5979 1.2680 0.0763 0.0137

133 Indosiar Karya Media Tbk IDKM 1.0000 27.5920 1.1123 -0.1222 0.0086

134 Indospring Tbk INDS 0.9954 27.3704 0.5759 0.4261 0.0923

135 Inovisi Infracom Tbk INVS 0.9604 27.7465 0.0157 2.7254 0.1117

136 Intanwijaya Internasional Tbk INCI 1.0000 25.6213 0.0325 -0.3058 -0.1534

137 Inti Agri Resources Tbk IIKP 0.9238 26.7287 0.0011 0.3471 -0.0098

138 Intiland Development Tbk DILD 0.7747 29.1569 0.0453 1.1786 0.0805

139 Intraco Penta Tbk INTA 0.8361 28.1226 0.7969 0.6383 0.0517

140 J Resources Asia Pasifik Tbk PSAB 0.6094 23.0529 0.0000 -0.0136 -0.1219

141 Jakarta International Hotel & Dev Tbk JIHD 0.6050 29.1947 0.2606 -0.3637 0.0447

142 Jakarta Setiabudi Internasional Tbk JSPT 0.6780 28.5393 0.3506 0.0826 0.0686

143 Japfa Tbk JPFA 0.6521 29.5740 0.5875 -0.0268 0.1563

144 Jasuindo Tiga Perkasa Tbk JTPE 0.7632 26.1887 0.1645 0.6460 0.3197

145 Jaya Agra Wattie Tbk JAWA 0.9860 27.6768 1.5189 0.1183 0.0962

146 Jaya Konstruksi Manggala Pratama Tbk JKON 0.4864 28.3004 0.0536 -0.0048 0.0593

147 Jaya Pari Steel Tbk JPRS 1.0000 26.7425 0.0267 0.4125 0.0692

148 Jaya Real Property Tbk JRPT 0.8117 28.8236 0.1580 0.1684 0.0800

149 Jembo Cable Company Tbk JECC 0.9033 27.0548 0.2473 0.0888 -0.0018

150 Kabelindo Murni Tbk KBLM 0.9600 26.7227 0.0573 0.8007 0.0096

151 Kalbe Farma Tbk KLBF 0.2522 29.5816 0.0212 0.1254 0.1911

152 Karwell Indonesia Tbk KARW 1.0000 28.7155 0.0058 -0.4441 -0.0034

153 Katarina Utama Tbk RINA 1.0000 24.0133 10.5826 -0.8747 -2.8880

154 Kawasan Industri Jababeka Tbk KIJA 0.5121 28.8358 0.0000 0.5218 0.0186

155 Kedaung Indah Can Tbk KICI 0.5768 25.1769 0.2285 -0.0268 0.0379

156 Kedawung Setia Industrial Tbk KDSI 0.8859 27.0471 0.0868 0.1700 0.0303

157 Keramika Indonesia Assosiasi Tbk KIAS 0.4751 27.8670 3.4919 0.6177 0.0126

158 Kertas Basuki Rachmat Indonesia Tbk KBRI 0.7836 27.3904 0.0288 -0.2998 -0.6193

159 KMI Wire and Cable Tbk KBLI 0.6601 27.1111 0.3495 0.4935 0.0813

160 Krakatau Steel (Persero) Tbk KRAS 0.9193 30.4980 0.1321 -0.1216 0.0603

161 Lamicitra Nusantara Tbk LAMI 0.5501 27.1277 0.1788 -0.0439 0.0475

162 Langgeng Makmur Industri Tbk LMPI 0.4829 27.1350 0.0880 0.0537 0.0046

163 Lautan Luas Tbk LTLS 0.8586 28.9095 0.8876 0.0413 0.0304

164 Leyand International Tbk LAPD 1.0000 27.8609 0.7930 0.2976 0.0062

165 Limas Centric Indonesia Tbk LMAS 0.7548 26.2697 1.6305 0.3679 0.0442

166 Lippo Cikarang Tbk LPCK 0.7992 28.1439 1.4134 0.2522 0.0391

167 Lippo General Insurance Tbk LPGI 0.5029 27.5068 0.0330 0.3095 0.0612

No Nama Perusahaan Kode SR SIZE SM PP ROA

169 Mahaka Media Tbk ABBA 0.5286 26.7145 1.3513 0.2044 0.0046

170 Majapahit Securities Tbk AKSI 0.5692 25.3291 0.0396 0.1036 0.0213

171 Malindo Feedmill Tbk MAIN 0.7292 27.5968 1.3715 0.0899 0.1862

172 Mandom Indonesia Tbk TCID 1.0000 27.6772 0.0439 0.0563 0.1255

173 Mas Murni Indonesia Tbk MAMI 0.5061 27.2049 0.0764 0.0330 0.0017

174 Maskapai Reasuransi Indonesia Tbk MREI 0.6032 26.8215 0.0154 0.2339 0.1034

175 Mayora Indah Tbk MYOR 0.5387 29.1124 0.6621 0.5122 0.1136

176 Media Nusantara Citra Tbk MNCN 0.9819 29.7347 0.0327 0.2375 0.0908

177 Megapolitan Developments Tbk EMDE 0.7850 27.2471 0.1133 -0.0660 0.0356

178 Merck Tbk MERK 0.6608 26.7981 0.0528 0.0589 0.2732

179 Metro Realty Tbk MTSM 0.8661 25.4310 0.2691 0.0302 0.0178

180 Metrodata Electronics Tbk MTDL 0.5767 27.5747 0.3583 0.1640 0.1077

181 Metropolitan Kentjana Tbk MKPI 0.6261 28.2289 0.0684 0.0436 0.1446

182 Midi Utama Indonesia Tbk MIDI 0.5575 27.7397 0.6086 1.0037 0.0092

183 Millennium Pharmacon International Tbk SDPC 0.8835 26.3455 0.1030 -0.1721 0.0055

184 Mitra Adiperkasa Tbk MAPI 0.5853 28.9314 0.4985 0.1460 0.0548

185 Mitra Investindo Tbk MITI 1.0000 25.4675 0.7833 0.2460 0.0614

186 Mitrabahtera Segara Sejati Tbk MBSS 0.7212 28.3179 0.4245 0.1127 0.0997

187 Modernland Realty Tbk MDLN 0.8767 28.3404 0.0796 -0.1073 0.0190

188 Multi Indocitra Tbk MICE 0.8418 26.6417 0.0727 0.2434 0.0910

189 Multi Prima Sejahtera Tbk LPIN 0.9369 25.7401 0.0355 0.0246 0.0936

190 Multipolar Tbk MLPL 0.9157 30.1049 1.1412 -0.1238 -0.0089

191 Mustika Ratu Tbk MRAT 0.9677 26.6800 0.0315 0.0688 0.0632

192 Nusantara Infrastructure Tbk META 0.9840 28.2776 0.8700 -0.0151 -0.0306

193 Pakuwon Jati Tbk PWON 0.5789 29.0015 1.3067 -0.9982 0.0807

194 Pan Brothers Tex Tbk PBRX 1.0000 27.5114 1.0281 -0.1039 0.0402

195 Panasia Indosyntec Tbk HDTX 0.9455 27.6452 0.3003 -0.2938 0.0012

196 Panorama Sentrawisata Tbk PANR 0.8661 27.1506 0.8061 0.2189 0.0142

197 Pelat Timah Nusantara Tbk NIKL 0.4312 27.5451 0.0812 0.1539 0.0813

198 Pelayaran Tempuran Emas Tbk TMAS 0.8616 27.8839 2.9538 -0.0209 -0.0889

199 Pembangunan Graha Lestari Indah Tbk PGLI 0.4761 24.4558 0.0216 -0.0015 0.0033

200 Pembangunan Jaya Ancol Tbk PJAA 0.6477 28.0816 0.1777 0.0263 0.0904

201 Perdana Bangun Pusaka Tbk KONI 0.9630 25.1640 0.3774 0.4993 0.0162

202 Perdana Gapura Prima Tbk GPRA 0.6226 27.8005 0.2113 0.0130 0.0278

203 Perdana Karya Perkasa Tbk PKPK 0.4907 26.8713 6.2636 -0.2433 0.0173

204 Perusahaan Gas Negara (Persero) Tbk PGAS 0.9135 31.0995 0.9338 0.0966 0.2014

205 Pioneerindo Gourmet International Tbk PTSP 0.9191 25.4147 0.7919 0.0913 0.1526

206 Plaza Indonesia Realty Tbk PLIN 0.4228 29.1196 0.7621 0.4706 0.1135

207 Polychem Indonesia Tbk ADMG 0.4177 28.9571 0.9239 0.1541 0.0098

208 PP London Sumatera Tbk LSIP 0.7842 29.3469 0.0847 0.1228 0.3059

209 Prima Alloy Steel Tbk PRAS 1.0000 26.8588 1.3109 0.7816 0.0007

210 PT PP (Persero) Tbk PTPP 0.9742 29.3255 0.3591 0.0471 0.0370

211 Pudjiadi & Son Estate Tbk PNSE 0.6037 26.4957 0.6439 0.0786 0.1258

212 Pudjiadi Prestige Tbk PUDP 0.7473 26.3767 0.0161 0.0309 0.0356

213 Pusako Tarinka Tbk PSKT 0.4474 24.1001 0.1789 0.1462 0.0231

214 Pyridam Farma Tbk PYFA 0.9717 25.3343 0.0999 0.0671 0.0417

215 Radiant Utama Interinsco Tbk RUIS 0.5869 26.0384 0.5564 0.0102 0.0631

216 Ramayana Lestari Sentosa Tbk RALS 0.5069 28.8798 0.0465 0.1116 0.1018

217 Ratu Prabu Energy Tbk ARTI 0.8070 27.9443 0.5629 -0.3064 0.0201

218 Renuka Coalindo Tbk SQMI 0.9698 23.8163 0.0000 14.3162 0.3063

219 Resource Alam Indonesia Tbk KKGI 0.9892 26.9909 0.1585 1.3840 0.3149

220 Ricky Putra Globalindo Tbk RICY 0.5901 27.1422 0.0893 0.1425 0.0177

221 Roda Vivatex Tbk RDTX 0.6853 27.4714 0.0559 0.1048 0.2005

222 Rukun Raharja Tbk RAJA 0.7337 27.5453 3.6891 8.0564 0.0020

223 Salim Ivomas Pratama Tbk SIMP 0.7360 30.6786 0.9342 0.0491 0.0662

224 Samudera Indonesia Tbk SMDR 0.8247 29.3668 1.1048 0.0167 0.0174

No Nama Perusahaan Kode SR SIZE SM PP ROA

226 Sat Nusapersada Tbk PTSN 0.9811 27.4393 0.0363 0.1002 -0.0153

227 Schering Plough Indonesia Tbk SCPI 0.7010 26.1775 0.9560 -0.0863 -0.0344

228 Sekar Laut Tbk SKLT 0.7141 26.0185 0.2703 0.1369 0.0242

229 Sekawan Inti Pratama Tbk SIAP 0.7417 25.7400 0.0684 0.0685 0.0356

230 Selamat Sempurna Tbk SMSM 0.8443 27.6960 0.3741 0.1361 0.1545

231 Semen Gresik (Persero) Tbk SMGR 0.9916 30.3759 0.0754 -0.0030 0.2541

232 Sentul City BKSL 0.9330 29.2026 0.0033 1.7269 0.0173

233 Sepatu Bata Tbk BATA 1.0000 26.9059 0.0332 0.0764 0.1259

234 Siantar TOP Tbk STTP 0.3942 27.1991 0.0705 0.2161 0.0643

235 Sierad Produce Tbk SIPD 0.7177 28.3517 0.2062 0.1233 0.0298

236 Sinar Mas Multiartha Tbk SMMA 0.8778 30.9577 0.1425 0.2627 0.0459

237 Siwani Makmur Tbk SIMA 1.0000 24.6439 0.1666 -0.9998 -0.1834

238 Skybee Tbk SKYB 0.5156 26.5022 0.0085 0.9152 0.0595

239 SMART Tbk SMAR 0.9353 30.1548 0.4106 0.4270 0.1010

240 Sona Topas Tourism Industry Tbk SONA 0.8898 27.1592 0.3780 0.1013 0.1036

241 Star Pacific Tbk LPLI 0.9841 27.9414 0.0101 -0.1076 0.2392

242 Sucaco Tbk SCCO 0.9505 27.7774 0.0229 0.4558 0.0527

243 Sugih Energy Tbk SUGI 1.0000 24.4324 0.0254 -0.9740 0.0555

244 Sumber Alfaria Trijaya Tbk AMRT 0.7013 29.0810 0.3708 0.3324 0.0600

245 Sumi Indo Kabel Tbk IKBI 0.9733 27.1216 0.0306 0.4224 0.0077

246 Summarecon Agung Tbk SMRA 0.6811 29.4747 1.2132 0.4156 0.0371

247 Sunson Textile Manufacturer Tbk SSTM 0.8020 27.4946 0.9618 0.0455 0.0114

248 Surya Citra Media Tbk SCMA 1.0000 28.5535 0.4044 0.1942 0.2107

249 Surya Semesta Internusa Tbk SSIA 0.6343 28.4992 0.7802 0.1388 0.0589

250 Surya Toto Indonesia Tbk TOTO 0.5193 27.7187 0.1886 0.1440 0.1775

251 Suryainti Permata Tbk SIIP 0.7164 28.1684 0.7675 -0.5718 0.0003

252 Suryamas Dutamakmur Tbk SMDM 0.7157 28.3552 0.0129 0.3453 -0.0013

253 Tanah Laut Tbk INDX 0.9896 24.2605 0.1580 0.0655 0.0337

254 Telekomunikasi Indonesia (Persero) Tbk TLKM 0.6633 32.2338 0.5149 0.0624 0.1591

255 Tembaga Mulia Semanan Tbk TBMS 0.9123 27.8454 0.0156 0.5746 0.0026

256 Tempo Scan Pacific Tbk TSPC 0.4661 28.9091 0.0616 0.1415 0.1378

257 Tiga Pilar Sejahtera Food Tbk AISA 0.5635 28.2921 1.4391 0.3226 0.0388

258 Tigaraksa Satria Tbk TGKA 0.9271 28.1860 0.4121 0.1614 0.0624

259 Timah (Persero) Tbk TINS 0.8860 29.4028 0.0972 0.0816 0.1612

260 Tira Austenite Tbk TIRA 0.5603 26.1070 0.2407 0.1297 0.0233

261 Total Bangun Persada Tbk TOTL 0.9940 28.0943 0.1469 -0.1095 0.0507

262 Tower Bersama Infrastructure Tbk TBIG 0.8642 29.2751 1.1187 0.9666 0.0656

263 Trada Maritime Tbk TRAM 0.4865 28.4124 0.6083 0.2144 0.0653

264 Trikomsel Oke Tbk TRIO 0.8432 28.5040 0.0133 0.0107 0.0854

265 Triwira Insan Lestari Tbk TRIL 0.8626 26.5061 0.0411 0.0052 0.0053

266 Truba Alam Manunggal Engineering Tbk TRUB 0.8742 29.4874 1.0422 -0.0573 -0.0082

267 Trust Finance Indonesia Tbk TRUS 0.8913 26.2915 0.0261 0.0755 0.0708

268 Tunas Baru Lampung Tbk TBLA 0.1706 28.9261 0.7625 0.0602 0.0680

269 Tunas Ridean Tbk TURI 0.9658 28.3730 0.1653 0.3958 0.1281

270 Ultra Jaya Milk Tbk ULTJ 0.9229 28.3275 0.1756 0.1730 0.0535

271 Unilever Indonesia Tbk UNVR 0.7464 29.7945 0.0617 0.0791 0.3890

272 United Tractors Tbk UNTR 0.6130 31.0222 0.2241 0.2764 0.1305

273 Voksel Electric Tbk VOKS 0.6855 27.7501 0.0551 -0.2426 0.0089

274 Wijaya Karya (Persero) Tbk WIKA 0.6583 29.4694 0.4038 -0.0862 0.0495

275 Wintermar Offshore Marine Tbk WINS 0.5283 28.3646 0.4926 0.6958 0.0643

276 XL Axiata Tbk EXCL 1.0000 30.9361 0.9367 0.2579 0.1061

277 Yanprima Hasta Persada Tbk YPAS 0.4090 26.0259 0.0398 0.2492 0.1055

No Nama Perusahaan Kode SR SIZE SM PP ROA

1 Ace Hardware Indonesia Tbk ACES 0.6133 28.0038 0.0433 0.5320 0.1925 2 Adhi Karya (Persero) Tbk ADHI 0.8553 29.4414 0.2495 0.1798 0.0299

3 AGIS Tbk TMPI 0.9217 27.8667 0.0247 -0.0556 0.0005

4 Agung Podomoro Land Tbk APLN 0.7011 30.0094 0.0056 0.9725 0.0635 5 Akasha Wira International Tbk ADES 0.6057 26.4792 0.9138 0.3687 0.0818 6 Akbar Indo Makmur Stimec Tbk AIMS 1.0000 25.8188 0.0327 0.0153 0.0035 7 AKR Corporindo Tbk AKRA 0.9349 29.7483 0.2444 0.5421 0.2749 8 Alakasa Industrindo Tbk ALKA 0.9158 26.2781 0.2962 0.0331 0.0386 9 Alam Karya Unggul Tbk AKKU 0.8970 23.1886 0.0025 -0.1292 -0.5488 10 Ancora Indonesia Resources Tbk OKAS 0.5160 28.0708 1.0249 -0.1453 -0.0084 11 Aneka Tambang (Persero) Tbk ANTM 0.5986 30.3524 0.3317 0.1832 0.1268 12 Apac Citra Centertex Tbk MYTX 1.0000 28.2453 12.6371 0.1352 -0.0652 13 Argha Karya Prima Industry Tbk AKPI 0.9969 28.0522 0.4059 0.3695 0.0347 14 Argo Pantes Tbk ARGO 1.0000 28.0046 10.2365 0.2771 -0.0001 15 Arwana Citramulia Tbk ARNA 0.9814 27.4465 0.1890 0.1114 0.1154 16 Asahimas Flat Glass Tbk AMFG 0.8007 28.6208 0.0989 0.0701 0.1252 17 Asia Natural Resources Tbk ASIA 0.5398 24.7954 0.3293 1.4855 -0.1509 18 Asiaplast Industries Tbk APLI 0.3680 26.5325 0.0587 0.0870 0.0658 19 Astra Graphia Tbk ASGR 0.5739 27.7497 0.0466 0.1016 0.1239 20 Astra International Tbk ASII 0.5368 32.6649 0.3865 -0.0073 0.1373 21 Astra Otoparts Tbk AUTO 0.6919 29.5718 0.0738 0.1772 0.1582 22 Asuransi Bintang Tbk ASBI 0.4223 26.2268 0.4176 0.1328 0.0371 23 Asuransi Dayin Mitra Tbk ASDM 0.3983 26.5262 0.0346 0.1197 0.0658 24 Asuransi Harta Aman Pratama Tbk AHAP 0.5148 25.6998 0.0400 0.2567 0.0995 25 Asuransi Jasa Tania Tbk ASJT 0.4034 25.8144 0.0255 0.0410 0.0750 26 Asuransi Multi Artha Guna Tbk AMAG 0.6318 27.6817 0.3034 0.2649 0.0908 27 Asuransi Ramayana Tbk ASRM 0.0612 27.1359 1.2384 0.1701 0.2319 28 Bakrie & Brothers Tbk BNBR 0.6517 30.8584 0.1194 0.2353 0.0034 29 Bakrie Sumatra Plantations Tbk UNSP 0.7147 30.5597 0.6846 0.4535 0.0399 30 Bakrieland Development Tbk ELTY 0.5831 30.5050 0.0761 0.4751 0.0042 31 Bank Bukopin Tbk BBKP 0.9517 31.6773 0.1015 0.2058 0.0130 32 Bank OCBC NISP Tbk NISP 0.4673 31.7226 0.2335 0.6087 0.0126 33 Bank Pan Indonesia Tbk PNBN 0.9156 32.4574 0.3262 0.1771 0.0165 34 Barito Pacific Timber Tbk BRPT 0.9951 30.5672 0.5939 -0.4486 -0.0195 35 Batavia Prosperindo Finance Tbk BPFI 0.5811 26.6327 0.0285 0.4191 0.0632 36 Bayan Resources Tbk BYAN 0.9903 30.2973 0.3651 0.5134 0.1302

37 Bayu Buana Tbk BAYU 0.7264 26.2700 0.0540 0.1488 0.0475

38 Benakat Petroleum Energy Tbk BIPI 0.9268 28.9448 0.0317 0.4663 -0.0165 39 Bentoel International Investama Tbk RMBA 0.9987 29.4769 0.1146 0.1309 0.0483

40 Berlina Tbk BRNA 0.8100 27.1909 0.3703 0.1953 0.0680

41 BFI Finance Indonesia Tbk BFIN 0.8445 29.2996 0.2272 0.3541 0.0802 42 Bhakti Investama Tbk BHIT 0.6900 30.5679 0.2421 0.1294 0.0519 43 Bhuwanatala Indah Permai Tbk BIPP 1.0000 26.0082 0.3756 -0.1509 -0.1023 44 Bintang Mitra Semestaraya Tbk BMSR 0.9901 27.2237 0.0137 0.2692 -0.0108 45 Bisi International Tbk BISI 0.4173 28.0488 0.0305 0.1160 0.0976 46 Borneo Lumbung Energy & Metal Tbk BORN 1.0000 30.3637 0.0863 1.2110 0.1189 47 Buana Finance Tbk BBLD 0.6507 28.6817 0.0115 0.1064 0.0354 48 Budi Acid Jaya Tbk BUDI 0.7557 28.3840 0.7236 0.1787 0.0297

49 Bukit Asam Tbk PTBA 0.9981 30.0740 0.1751 0.3379 0.2684

50 Bukit Darmo Property Tbk BKDP 0.8279 27.6072 0.0127 -0.6042 -0.0213 51 Bukit Uluwatu Villa Tbk BUVA 0.5896 27.4902 0.4575 0.3019 0.0623

No Nama Perusahaan Kode SR SIZE SM PP ROA

52 Bumi Resources Mineral Tbk BRMS 1.0000 30.4877 0.2143 0.2320 0.0320 53 Bumi Serpong Damai Tbk BSDE 0.8684 30.1795 0.0329 0.1329 0.0791 54 Bumi Teknokultura Unggul Tbk BTEK 0.8417 25.1742 0.1516 0.1296 -0.0437 55 BW Plantation Tbk BWPT 1.0000 28.9089 1.1544 -0.6957 0.0151 56 Cahaya Kalbar Tbk CEKA 0.7246 27.4367 0.1265 0.7240 0.1170 57 Capitalinc Investment Tbk MTFN 0.6470 27.1896 0.0340 0.6823 -0.0199 58 Central Proteinaprima Tbk CPRO 0.7992 29.5858 0.7724 0.2059 -0.2883 59 Centris Multi Persada Pratama Tbk CMPP 1.0000 24.7612 0.7325 -0.4456 0.0028 60 Champion Pacific Indonesia Tbk IGAR 0.7874 26.5970 0.0312 -0.0436 0.1556 61 Charoen Pokphand Indonesia Tbk CPIN 0.8412 29.8112 0.1750 0.0349 0.2670 62 Ciputra Development Tbk CTRA 0.7998 30.0755 0.3608 0.2869 0.0429 63 Ciputra Property CTRP 0.5159 29.0930 0.0934 0.2367 0.0391 64 Ciputra Surya Tbk CTRS 0.9442 28.8920 0.0071 0.3564 0.0565 65 Citatah Industri Marmer Tbk CTTH 0.6634 26.1089 0.3398 -0.0266 0.0042 66 Citra Marga Nusaphala Persada Tbk CMNP 0.9268 28.7937 0.4249 0.0707 0.1103 67 Clipan Finance Indonesia Tbk CFIN 0.4765 29.1966 0.4591 0.7395 0.0577 68 Colopark Indonesia Tbk CLPI 0.5016 26.6474 0.1787 0.2093 0.0742 69 Danasupra Erapacific Tbk DEFI 0.9852 24.4339 0.0029 -0.0392 0.0437 70 Danayasa Arthatama Tbk SCBD 0.5313 28.8776 0.0984 -0.3803 0.0209 71 Darya-Varia Laboratoria Tbk DVLA 0.5115 27.5566 0.0771 0.0464 0.1303 72 Dayaindo Resources International Tbk KARK 0.9810 28.6821 0.1375 -0.3477 0.0209 73 Delta Dunia Makmur Tbk DOID 1.0000 30.0124 8.2123 0.1762 -0.0142 74 Duta Anggada Realty Tbk DART 0.4198 29.0430 0.0888 -0.3456 0.0155 75 Duta Graha Indah Tbk DGIK 1.0000 28.0268 0.0717 -0.1887 0.0054 76 Duta Pertiwi Nusantara Tbk DPNS 1.0000 25.8726 0.1447 0.2455 -0.0385 77 Duta Pertiwi Tbk DUTI 0.7296 29.2774 0.0409 0.1095 0.0814 78 Dyviacom Intrabumi Tbk DNET 0.9301 23.5635 0.1547 0.1185 0.0405 79 Ekadharma International Tbk EKAD 0.9956 26.1938 0.0551 0.2917 0.1101 80 Elang Mahkota Teknologi Tbk EMTK 0.6690 29.5960 0.0892 0.2335 0.1034 81 Enseval Putra Megatrading Tbk EPMT 0.3960 29.1060 0.0162 0.0923 0.0803 82 Equity Development Investment Tbk GSMF 0.9303 28.4578 0.1712 -0.0721 0.0273 83 Eterindo Wahanatama Tbk ETWA 0.5355 27.1541 0.0315 0.1152 0.1175 84 Evergreen Invesco Tbk GREN 0.6361 27.0635 0.0105 0.0759 0.0038 85 Exploitasi Energi Indonesia Tbk CNKO 0.9743 28.1679 0.1092 0.3599 0.0535 86 Fajar Surya Wisesa Tbk FASW 1.0000 29.2276 1.2617 0.2179 0.0268 87 Fast Food Indonesia Tbk FAST 0.4218 28.0680 0.3551 0.1384 0.1480

88 First Media Tbk KBLV 0.9799 28.9376 0.3372 0.2518 0.0010

No Nama Perusahaan Kode SR SIZE SM PP ROA

106 Humpuss Intermoda Transportasi Tbk HITS 0.8765 28.0223 1.0850 0.0349 -0.1476 107 Indal Alumunium Industry Tbk INAI 0.7860 27.0227 1.0904 0.2047 0.0484 108 Indika Energi Tbk INDY 0.7639 30.5354 0.8602 0.3836 0.0657 109 Indo Acidatama Tbk SRSN 0.7069 26.6126 0.1081 0.1297 0.0664 110 Indo Kordsa Tbk BRAM 0.8114 28.1379 0.1292 0.0525 0.0428 111 Indocement Tunggal Prakarsa Tbk INTP 0.9494 30.5298 0.0598 0.2469 0.1984

112 Indofarma Tbk INAF 0.7562 27.7398 0.0760 -0.0686 0.0331

113 Indofood CBP Sukses Makmur Tbk ICBP 0.7018 30.3538 0.1424 0.0783 0.1357 114 Indofood Sukses Makmur Tbk INDF 0.4246 31.6123 0.1795 0.1804 0.0913 115 Indomobil Sukses Internasional Tbk IMAS 0.9474 30.1893 0.4751 0.4427 0.0752 116 Indonesia Air Transport Tbk IATA 0.9996 27.1185 1.2566 0.0335 -0.0560 117 Indonesia Paradise Property Tbk INPP 0.9857 27.7563 0.6354 0.3336 0.0019

118 Indosat Tbk ISAT 0.8141 31.5856 1.1376 0.0394 0.0179

119 Indosiar Karya Media Tbk IDKM 1.0000 27.5211 0.0185 0.1435 -0.1081

120 Indospring Tbk INDS 0.9023 27.7618 0.2803 0.2024 0.1057

121 Inovisi Infracom Tbk INVS 0.8372 28.5845 0.1866 0.6468 0.1471 122 Intanwijaya Internasional Tbk INCI 1.0000 25.5531 0.0446 0.0376 -0.1372 123 Inti Agri Resources Tbk IIKP 0.8632 26.6697 0.0014 -0.6426 -0.0609 124 Intiland Development Tbk DILD 0.6907 29.3701 0.0460 0.1144 0.0259 125 Intraco Penta Tbk INTA 0.8775 28.9495 1.5241 0.6367 0.0322 126 J Resources Asia Pasifik Tbk PSAB 0.5727 23.0529 1.1265 0.1221 -0.1310 127 Jakarta International Hotel & Dev Tbk JIHD 0.5059 29.1040 0.1225 -0.2935 0.0160 128 Jakarta Setiabudi Internasional Tbk JSPT 0.7261 28.6865 0.3611 -0.9990 0.0697

129 Japfa Tbk JPFA 0.6880 29.7432 0.3648 0.1202 0.0812

No Nama Perusahaan Kode SR SIZE SM PP ROA

160 Media Nusantara Citra Tbk MNCN 0.9099 29.8056 0.1077 0.1101 0.1279 161 Megapolitan Developments Tbk EMDE 0.6133 27.5483 0.0461 -0.3867 0.0027

162 Merck Tbk MERK 0.4558 27.0938 0.0501 0.1544 0.3956

163 Metro Realty Tbk MTSM 0.7783 25.3903 0.0949 0.0427 0.0447 164 Metrodata Electronics Tbk MTDL 0.7142 27.8734 0.2546 0.1150 0.0546 165 Metropolitan Kentjana Tbk MKPI 0.5988 28.3912 0.0814 0.1631 0.1510 166 Metropolitan Land Tbk MTLA 0.6624 28.1791 0.0015 0.6335 0.0905 167 Millennium Pharmacon International Tbk SDPC 0.8761 26.5024 0.1188 0.1628 0.0124 168 Mitra Adiperkasa Tbk MAPI 0.5958 29.1161 0.1914 0.2498 0.0816 169 Mitra International Resources Tbk MIRA 0.8898 26.7289 0.1795 -0.0483 9.5563 170 Mitra Investindo Tbk MITI 1.0000 25.4937 0.1902 0.6372 0.2329 171 Mitrabahtera Segara Sejati Tbk MBSS 0.7552 28.6611 0.3437 0.4000 0.0878 172 Modernland Realty Tbk MDLN 0.9278 28.5108 0.1021 0.9311 0.0382 173 Mulia Industrindo Tbk MLIA 0.8874 29.4425 5.0165 0.1487 -0.0062 174 Multi Indocitra Tbk MICE 0.8800 26.7931 0.1210 0.0991 0.0841 175 Multi Prima Sejahtera Tbk LPIN 0.9670 25.7819 0.0379 0.0578 0.0719

176 Multipolar Tbk MLPL 0.8866 30.2923 0.2605 0.0834 0.0067

No Nama Perusahaan Kode SR SIZE SM PP ROA

214 Schering Plough Indonesia Tbk SCPI 0.7000 26.4679 10.3178 0.0499 -0.0813

215 Sekar Laut Tbk SKLT 0.6850 26.0904 0.2392 0.0964 0.0279

216 Sekawan Inti Pratama Tbk SIAP 0.8210 25.8184 0.1671 0.2159 0.0200 217 Selamat Sempurna Tbk SMSM 0.8524 27.7593 0.3005 0.1576 0.1929 218 Semen Gresik (Persero) Tbk SMGR 0.9878 30.6097 0.1476 0.1418 0.2012

219 Sentul City BKSL 0.9163 29.2969 0.0032 0.0322 0.0258

220 Sepatu Bata Tbk BATA 1.0000 26.9706 0.0377 0.0534 0.1096 221 Siantar TOP Tbk STTP 0.4014 27.5636 0.2883 0.3476 0.0457 222 Sierad Produce Tbk SIPD 0.7012 28.6024 0.3838 0.1061 0.0089

223 Skybee Tbk SKYB 0.7415 27.4701 0.2973 1.5538 0.0363

224 SMART Tbk SMAR 0.9465 30.3204 0.4247 0.5631 0.1213

225 Sona Topas Tourism Industry Tbk SONA 0.9501 27.2417 0.0663 0.3406 0.1072 226 Star Pacific Tbk LPLI 0.9691 27.7946 0.0204 0.3848 -0.1740

227 Sucaco Tbk SCCO 0.8807 28.0065 0.0246 0.5301 0.0754

228 Sumalindo Lestari Jaya Tbk SULI 0.8414 28.1587 4.5499 -0.3099 -0.1858 229 Sumber Alfaria Trijaya Tbk AMRT 0.7062 29.2434 0.3114 0.2960 0.0719 230 Summarecon Agung Tbk SMRA 0.7036 29.7228 1.6877 0.3916 0.0480 231 Sunson Textile Manufacturer Tbk SSTM 0.6894 27.4608 0.9616 -0.0973 -0.0286 232 Surabaya Agung Industry Pulp Tbk SAIP 0.6471 28.3573 0.3942 -0.0229 0.1229 233 Surya Citra Media Tbk SCMA 1.0000 28.5518 0.0234 0.1964 0.3634 234 Surya Semesta Internusa Tbk SSIA 0.0966 28.7087 0.7240 0.7033 0.3649 235 Surya Toto Indonesia Tbk TOTO 0.4987 27.9234 0.1767 0.1965 0.1628 236 Suryamas Dutamakmur Tbk SMDM 0.8175 28.5291 0.0681 0.6899 0.0141

237 Tanah Laut Tbk INDX 0.8854 25.3285 2.1614 0.1554 0.0020

Descriptives

Descriptive Statistics

790

-2.89

9.56

.0637

.36925

790

.00

1.00

.7583

.21684

790

.00

41.22

.6623

2.45773

790

23.05

33.41

27.8910

1.75838

790

-1.00

14.32

.2349

1.00050

790

Kinerja Perusahaan

Diversifikasi

Struktur Modal

Ukuran Perusahaan

Pertumbuhan Penjualan

Valid N (listwise)

Descriptives

Descriptive Statistics

754

-.19

.31

.0528

.06802

754

.00

1.00

.7576

.21278

754

.00

12.83

.5112

1.13858

754

23.05

33.41

27.8890

1.74803

754

-1.00

14.32

.2404

1.01612

754

Kinerja Perusahaan

Diversifikasi

Struktur Modal

Ukuran Perusahaan

Pertumbuhan Penjualan

Valid N (listwise)

Uji Normalitas

One-Sample Kolmogorov-Smirnov Test

790

.0000000

.36699028

.322

.320

-.322

9.037

.000

N

Mean

Std. Deviation

Normal Parameters

a,b

Absolute

Positive

Negative

Most Extreme

Differences

Kolmogorov-Smirnov Z

Asymp. Sig. (2-tailed)

Unstandardize

d Residual

Test distribution is Normal.

a.

Uji Normalitas

One-Sample Kolmogorov-Smirnov Test

754

-.0128295

.06436526

.049

.049

-.041

1.354

.051

N

Mean

Std. Deviation

Normal Parameters

a,b

Absolute

Positive

Negative

Most Extreme

Differences

Kolmogorov-Smirnov Z

Asymp. Sig. (2-tailed)

Unstandardize

d Residual

Test distribution is Normal.

a.

Uji Multikolinearitas

Variables Entered/Removed

b

Pertumbuhan Penjualan,

Struktur Modal, Ukuran

Perusahaan, Diversifikasi

a

.

Enter

Model

1

Variables Entered

Variables

Removed

Method

All requested variables entered.

a.

Dependent Variable: Kinerja Perusahaan

b.

Coefficients

a

.989

1.011

.985

1.015

.992

1.008

.995

1.005

Diversifikasi

Struktur Modal

Ukuran Perusahaan

Pertumbuhan Penjualan

Model

1

Tolerance

VIF

Collinearity Statistics

Uji Heteroskedastisitas

Regression Standardized Predicted Value

2.5 0.0

-2.5 -5.0

-7.5

R

e

g

re

s

s

io

n

S

tu

d

e

n

ti

z

e

d

R

e

s

id

u

a

l

6

4

2

0

-2

-4

Scatterplot

Uji Autokorelasi

Variables Entered/Removed

b

Pertumbuhan Penjualan,

Struktur Modal, Ukuran

Perusahaan, Diversifikasi

a

.

Enter

Model

1

Variables Entered

Variables

Removed

Method

All requested variables entered.

a.

Dependent Variable: Kinerja Perusahaan

b.

Model Summary

b

.344

a

.118

.113

.06405

1.898

Model

1

R

R Square

Adjusted R

Square

Std. Error of

the Estimate

Durbin-Watson

Predictors: (Constant), Pertumbuhan Penjualan, Struktur Modal, Ukuran

Perusahaan, Diversifikasi

a.

Dependent Variable: Kinerja Perusahaan

b.

ANOVA

b

.411

4

.103

25.061

.000

a

3.073

749

.004

3.484

753

Regression

Residual

Total

Model

1

Sum of

Squares

df

Mean Square

F

Sig.

Predictors: (Constant), Pertumbuhan Penjualan, Struktur Modal, Ukuran Perusahaan,

Diversifikasi

a.

Dependent Variable: Kinerja Perusahaan

b.

Coefficients

a

-.201

.038

-5.245

.000

-.022

.011

-.070

-2.038

.042

-.013

.002

-.216

-6.236

.000

.010

.001

.255

7.399

.000

.005

.002

.075

2.179

.030

(Constant)

Diversifikasi

Struktur Modal

Ukuran Perusahaan

Pertumbuhan Penjualan

Model

1

B

Std. Error

Unstandardized

Coefficients

Beta

Standardized

Coefficients

t

Sig.

dL dU dL dU dL dU dL dU dL dU dL dU dL dU dL dU dL dU dL dU

6 0.610 1.400 --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- ---7 0.700 1.356 0.467 1.896 --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- ---8 0.763 1.332 0.559 1.777 0.367 2.287 --- --- --- --- --- --- --- --- --- --- --- --- --- ---9 0.824 1.320 0.629 1.699 0.455 2.128 0.296 2.588 --- --- --- --- --- --- --- --- --- --- --- ---10 0.879 1.320 0.697 1.641 0.525 2.016 0.376 2.414 0.243 2.822 --- --- --- --- --- --- --- --- --- ---11 0.927 1.324 0.758 1.604 0.595 1.928 0.444 2.283 0.315 2.645 0.203 3.004 --- --- --- --- --- --- --- ---12 0.971 1.331 0.812 1.579 0.658 1.864 0.512 2.177 0.380 2.506 0.268 2.832 0.171 3.149 --- --- --- --- --- ---13 1.010 1.340 0.861 1.562 0.715 1.816 0.574 2.094 0.444 2.390 0.328 2.692 0.230 2.985 0.147 3.266 --- --- --- ---14 1.045 1.350 0.905 1.551 0.767 1.779 0.632 2.030 0.505 2.296 0.389 2.572 0.286 2.848 0.200 3.111 0.127 3.360 --- ---15 1.077 1.361 0.946 1.543 0.814 1.750 0.685 1.977 0.562 2.220 0.447 2.471 0.343 2.727 0.251 2.979 0.175 3.216 0.111 3.438 16 1.106 1.371 0.982 1.539 0.857 1.728 0.734 1.935 0.615 2.157 0.502 2.388 0.398 2.624 0.304 2.860 0.222 3.090 0.155 3.304 17 1.133 1.381 1.015 1.536 0.897 1.710 0.779 1.900 0.664 2.104 0.554 2.318 0.451 2.537 0.356 2.757 0.272 2.975 0.198 3.184 18 1.158 1.391 1.046 1.535 0.933 1.696 0.820 1.872 0.710 2.060 0.603 2.258 0.502 2.461 0.407 2.668 0.321 2.873 0.244 3.073 19 1.180 1.401 1.074 1.536 0.967 1.685 0.859 1.848 0.752 2.023 0.649 2.206 0.549 2.396 0.456 2.589 0.369 2.783 0.290 2.974 20 1.201 1.411 1.100 1.537 0.998 1.676 0.894 1.828 0.792 1.991 0.691 2.162 0.595 2.339 0.502 2.521 0.416 2.704 0.336 2.885 21 1.221 1.420 1.125 1.538 1.026 1.669 0.927 1.812 0.829 1.964 0.731 2.124 0.637 2.290 0.546 2.461 0.461 2.633 0.380 2.806 22 1.239 1.429 1.147 1.541 1.053 1.664 0.958 1.797 0.863 1.940 0.769 2.090 0.677 2.246 0.588 2.407 0.504 2.571 0.424 2.735 23 1.257 1.437 1.168 1.543 1.078 1.660 0.986 1.785 0.895 1.920 0.804 2.061 0.715 2.208 0.628 2.360 0.545 2.514 0.465 2.670 24 1.273 1.446 1.188 1.546 1.101 1.656 1.013 1.775 0.925 1.902 0.837 2.035 0.750 2.174 0.666 2.318 0.584 2.464 0.506 2.613 25 1.288 1.454 1.206 1.550 1.123 1.654 1.038 1.767 0.953 1.886 0.868 2.013 0.784 2.144 0.702 2.280 0.621 2.419 0.544 2.560 26 1.302 1.461 1.224 1.553 1.143 1.652 1.062 1.759 0.979 1.873 0.897 1.992 0.816 2.117 0.735 2.246 0.657 2.379 0.581 2.513 27 1.316 1.469 1.240 1.556 1.162 1.651 1.084 1.753 1.004 1.861 0.925 1.974 0.845 2.093 0.767 2.216 0.691 2.342 0.616 2.470 28 1.328 1.476 1.255 1.560 1.181 1.650 1.104 1.747 1.028 1.850 0.951 1.959 0.874 2.071 0.798 2.188 0.723 2.309 0.649 2.431 29 1.341 1.483 1.270 1.563 1.198 1.650 1.124 1.743 1.050 1.841 0.975 1.944 0.900 2.052 0.826 2.164 0.753 2.278 0.681 2.396 30 1.352 1.489 1.284 1.567 1.214 1.650 1.143 1.739 1.071 1.833 0.998 1.931 0.926 2.034 0.854 2.141 0.782 2.251 0.712 2.363 31 1.363 1.496 1.297 1.570 1.229 1.650 1.160 1.735 1.090 1.825 1.020 1.920 0.950 2.018 0.879 2.120 0.810 2.226 0.741 2.333 32 1.373 1.502 1.309 1.574 1.244 1.650 1.177 1.732 1.109 1.819 1.041 1.909 0.972 2.004 0.904 2.102 0.836 2.203 0.769 2.306 33 1.383 1.508 1.321 1.577 1.258 1.651 1.193 1.730 1.127 1.813 1.061 1.900 0.994 1.991 0.927 2.085 0.861 2.181 0.796 2.281 34 1.393 1.514 1.333 1.580 1.271 1.652 1.208 1.728 1.144 1.808 1.079 1.891 1.015 1.978 0.950 2.069 0.885 2.162 0.821 2.257 35 1.402 1.519 1.343 1.584 1.283 1.653 1.222 1.726 1.160 1.803 1.097 1.884 1.034 1.967 0.971 2.054 0.908 2.144 0.845 2.236 36 1.411 1.525 1.354 1.587 1.295 1.654 1.236 1.724 1.175 1.799 1.114 1.876 1.053 1.957 0.991 2.041 0.930 2.127 0.868 2.216 37 1.419 1.530 1.364 1.590 1.307 1.655 1.249 1.723 1.190 1.795 1.131 1.870 1.071 1.948 1.011 2.029 0.951 2.112 0.891 2.197 38 1.427 1.535 1.373 1.594 1.318 1.656 1.261 1.722 1.204 1.792 1.146 1.864 1.088 1.939 1.029 2.017 0.970 2.098 0.912 2.180 39 1.435 1.540 1.382 1.597 1.328 1.658 1.273 1.722 1.218 1.789 1.161 1.859 1.104 1.932 1.047 2.007 0.990 2.085 0.932 2.164 40 1.442 1.544 1.391 1.600 1.338 1.659 1.285 1.721 1.230 1.786 1.175 1.854 1.120 1.924 1.064 1.997 1.008 2.072 0.952 2.149 45 1.475 1.566 1.430 1.615 1.383 1.666 1.336 1.720 1.287 1.776 1.238 1.835 1.189 1.895 1.139 1.958 1.089 2.022 1.038 2.088 50 1.503 1.585 1.462 1.628 1.421 1.674 1.378 1.721 1.335 1.771 1.291 1.822 1.246 1.875 1.201 1.930 1.156 1.986 1.110 2.044 55 1.528 1.601 1.490 1.641 1.452 1.681 1.414 1.724 1.374 1.768 1.334 1.814 1.294 1.861 1.253 1.909 1.212 1.959 1.170 2.010 60 1.549 1.616 1.514 1.652 1.480 1.689 1.444 1.727 1.408 1.767 1.372 1.808 1.335 1.850 1.298 1.894 1.260 1.939 1.222 1.984 65 1.567 1.629 1.536 1.662 1.503 1.696 1.471 1.731 1.438 1.767 1.404 1.805 1.370 1.843 1.336 1.882 1.301 1.923 1.266 1.964 70 1.583 1.641 1.554 1.672 1.525 1.703 1.494 1.735 1.464 1.768 1.433 1.802 1.401 1.838 1.369 1.874 1.337 1.910 1.305 1.948 75 1.598 1.652 1.571 1.680 1.543 1.709 1.515 1.739 1.487 1.770 1.458 1.801 1.428 1.834 1.399 1.867 1.369 1.901 1.339 1.935 80 1.611 1.662 1.586 1.688 1.560 1.715 1.534 1.743 1.507 1.772 1.480 1.801 1.453 1.831 1.425 1.861 1.397 1.893 1.369 1.925 85 1.624 1.671 1.600 1.696 1.575 1.721 1.550 1.747 1.525 1.774 1.500 1.801 1.474 1.829 1.448 1.857 1.422 1.886 1.396 1.916 90 1.635 1.679 1.612 1.703 1.589 1.726 1.566 1.751 1.542 1.776 1.518 1.801 1.494 1.827 1.469 1.854 1.445 1.881 1.420 1.909 95 1.645 1.687 1.623 1.709 1.602 1.732 1.579 1.755 1.557 1.778 1.535 1.802 1.512 1.827 1.489 1.852 1.465 1.877 1.442 1.903 100 1.654 1.694 1.634 1.715 1.613 1.736 1.592 1.758 1.571 1.780 1.550 1.803 1.528 1.826 1.506 1.850 1.484 1.874 1.462 1.898 150 1.720 1.747 1.706 1.760 1.693 1.774 1.679 1.788 1.665 1.802 1.651 1.817 1.637 1.832 1.622 1.846 1.608 1.862 1.593 1.877 200 1.758 1.779 1.748 1.789 1.738 1.799 1.728 1.809 1.718 1.820 1.707 1.831 1.697 1.841 1.686 1.852 1.675 1.863 1.665 1.874 250 1.815 1.825 1.810 1.829 1.806 1.833 1.802 1.836 1.798 1.841 1.793 1.845 1.790 1.848 1.785 1.851 1.780 1.855 1.776 1.859 300 1.867 1.868 1.867 1.866 1.869 1.864 1.870 1.862 1.872 1.861 1.872 1.859 1.874 1.856 1.875 1.852 1.876 1.850 1.878 1.847 350 1.919 1.910 1.924 1.903 1.931 1.896 1.938 1.887 1.945 1.881 1.950 1.873 1.959 1.863 1.965 1.853 1.971 1.844 1.979 1.835 400 1.971 1.953 1.981 1.940 1.994 1.927 2.006 1.913 2.019 1.901 2.029 1.887 2.043 1.871 2.055 1.854 2.067 1.839 2.081 1.823 450 2.023 1.995 2.038 1.977 2.056 1.959 2.074 1.938 2.092 1.921 2.107 1.901 2.128 1.878 2.145 1.855 2.162 1.833 2.182 1.811 500 2.075 2.038 2.095 2.014 2.119 1.990 2.142 1.963 2.166 1.941 2.186 1.915 2.212 1.886 2.235 1.856 2.258 1.828 2.284 1.799

n

n = number of observations k = number of explanatory variables.

k'=10

k'=6 k'=7 k'=8 k'=9

Nilai Durbin-Watson test untuk alpha (a)= 5%

Regression

Variables Entered/Removed

b

Pertumbuhan

Penjualan, Struktur

Modal, Ukuran

Perusahaan,

Diversifikasi

a

.

Enter

Model

1

Variables Entered

Variables

Removed

Method

All requested variables entered.

a.

Dependent Variable: Kinerja Perusahaan

b.

Model Summary

.344

a

.118

.113

.06405

Model

1

R

R Square

Adjusted R

Square

Std. Error of

the Estimate

Predictors: (Constant), Pertumbuhan Penjualan, Struktur

Modal, Ukuran Perusahaan, Diversifikasi

a.

ANOVA

b

.411

4

.103

25.061

.000

a

3.073

749

.004

3.484

753

Regression

Residual

Total

Model

1

Sum of

Squares

df

Mean Square

F

Sig.

Predictors: (Constant), Pertumbuhan Penjualan, Struktur Modal, Ukuran Perusahaan,

Diversifikasi

a.

Dependent Variable: Kinerja Perusahaan

b.

Coefficients

a

-.201

.038

-5.245

.000

-.022

.011

-.070

-2.038

.042

-.013

.002

-.216

-6.236

.000

.010

.001

.255

7.399

.000

.005

.002

.075

2.179

.030

(Constant)

Diversifikasi

Struktur Modal

Ukuran Perusahaan

Pertumbuhan Penjualan

Model

1

B

Std. Error

Unstandardized

Coefficients

Beta

Standardized

Coefficients

t

Sig.