Analysis Financial Performance of PT. Hensel Davest Indonesia, Tbk. Before and After the Initial Public Offering

Financial performance is one of the most important instrument to overlook a company's financial condition in a certain period of time. This research analyzes and compares the financial performance of PT. Hensel Davest Indonesia, Tbk. before and after Initial Public Offering. The method used in this research is a descriptive analysis method. Financial data is processed using financial ratio analysis. Meanwhile, financial performance comparison was conducted using non-parametric statistical methods of different tests or usually known as Wilcoxon. The result shows differences on PT. Hensel Davest Indonesia, tbk financial performance before and after conducting Initial Public Offering. This difference is shown by the increasing and decreasing financial ratio before and after Initial Public Offering.This is supported by the results of statistical tests that show differences in financial performance before and after the Initial Public Offering. PT. Hensel Davest Indonesia, Tbk is expected to immediately evaluate and supervise the company's financial performance on a regular basis