The study looked at how intellectual capital affects the financial performance, revenue growth, and value of manufacturing companies on the Indonesia Stock Exchange from 2016 to 2019. They used a measurement called VAICTM to assess the impact of intellectual capital on company performance. The results showed that intellectual capital did not have a significant positive effect on the financial performance of manufacturing companies in Indonesia during the study period. This is because the manufacturing industry in Indonesia relies more on physical assets than intellectual capital, and the management of intellectual capital is still seen as a cost rather than a benefit.