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Analysis of Financial Performance at Industrial Estate of Makassar At The Year 2013-2020

Hasanuddin Journal of Applied Business and Entrepreneurship · Vol. 5 No. 4 (2022)

ISSN
2598-0890, 2598-0882
Published
2022-11-09
Publisher
Master of Management, Faculty of Economics and Business, Hasanuddin University.
Language
en

Abstract

Industry is very important to increase economic activity. By analyzing the financial performance with ratio, vertical and horizontal analysis, we could assess financial condition and development of Industrial Estate of Makassa. The research used descriptive quantitative approach. The data consists of primary and secondary data. The primary data was collected by interviewing stakeholder dan local government. In the terms of secondary data, the research used financial statements of Industrial Estate of Makassar in 2013-2020. The research showed financial performance of Industrial Estate of Makassar during 2013-2020 were satisfied. It was shown that an optimal profitability, appropriate liquidity and solvency. However, activity ratio revealed less effective in asset management, hence Industrial Estate of Makassar needs to increase operational activities. Moreover, the result of interview gives two things that correlate each other. Firstly, the findings revealed that Industrial Estate of Makassar more focus on recurring income to increase financial performance, such as service charge, waste management, and fiber optic cable installation. Secondly, the expansion of industrial trend in middle-eastern Indonesia has been supported by Makassar New Port. The interest of investors to invest or set company up in Makassar which leads positive impact to Industrial Estate of Makassar to perform better.

Keywords

Collaboration network of the authors

14 authors · 20 co-authorship links

Hover or tap a name to highlight its co-authors. Double-click to open the author's page.

  • Tadulako University
  • Riau University
  • Affiliation unknown
  • Different organisations
  • Same organisation
  • Affiliation unknown
  • Thicker line = more joint articles · bigger circle = more articles
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Co-authorOrganisationJoint articles
SYAMSU ALAMAffiliation unknown2
Arfa ApriliantiAffiliation unknown1
Fauzi R. RahimAffiliation unknown1
Andi AswanAffiliation unknown1
Andi Kabila T SoseAffiliation unknown1
Muhammad AliTadulako University1
Nia Nanda Nugrayani SetiyonoAffiliation unknown1
Muh. AkmalAffiliation unknown1
Tina Andrieta PorayouwAffiliation unknown1
Rahman LabaAffiliation unknown1
Indah Permata SariRiau University1

Affiliations come from OpenAlex; journal OAI-PMH metadata carries none. Authors without an OpenAlex ID are matched by name, which can merge or split people.

Metadata source: OAI-PMH (metadata jurnal) https://journal.unhas.ac.id/index.php/hjabe/oai, first harvested 2 Nov 2026, last seen 2 Nov 2026.
Original metadata (oai_dc) 
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	<dc:title xml:lang="en">Analysis of Financial Performance at Industrial Estate of Makassar At The Year 2013-2020</dc:title>
	<dc:creator xml:lang="en">Zulfikar</dc:creator>
	<dc:creator xml:lang="en">Laba, Rakhman </dc:creator>
	<dc:creator xml:lang="en">Nohong, Mursalim</dc:creator>
	<dc:subject xml:lang="en">financial ratio analysis</dc:subject>
	<dc:subject xml:lang="en">vertical analysis</dc:subject>
	<dc:subject xml:lang="en">horizontal analysis</dc:subject>
	<dc:description xml:lang="en">Industry is very important to increase economic activity. By analyzing the financial performance with ratio, vertical and horizontal analysis, we could assess financial condition and development of Industrial Estate of Makassa. The research used descriptive quantitative approach. The data consists of primary and secondary data. The primary data was collected by interviewing stakeholder dan local government. In the terms of secondary data, the research used financial statements of Industrial Estate of Makassar in 2013-2020. The research showed financial performance of Industrial Estate of Makassar during 2013-2020 were satisfied. It was shown that an optimal profitability, appropriate liquidity and solvency. However, activity ratio revealed less effective in asset management, hence Industrial Estate of Makassar needs to increase operational activities. Moreover, the result of interview gives two things that correlate each other. Firstly, the findings revealed that Industrial Estate of Makassar more focus on recurring income to increase financial performance, such as service charge, waste management, and fiber optic cable installation. Secondly, the expansion of industrial trend in middle-eastern Indonesia has been supported by Makassar New Port. The interest of investors to invest or set company up in Makassar which leads positive impact to Industrial Estate of Makassar to perform better.</dc:description>
	<dc:publisher xml:lang="en">Master of Management, Faculty of Economics and Business, Hasanuddin University.</dc:publisher>
	<dc:date>2022-11-09</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
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	<dc:type xml:lang="en">Peer-reviewed Article</dc:type>
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	<dc:identifier>https://journal.unhas.ac.id/index.php/hjabe/article/view/23599</dc:identifier>
	<dc:source xml:lang="en">Hasanuddin Journal of Applied Business and Entrepreneurship; Vol. 5 No. 4 (2022): Hasanuddin Journal of Applied Business and Entrepreneurship</dc:source>
	<dc:source>2598-0890</dc:source>
	<dc:source>2598-0882</dc:source>
	<dc:language>en</dc:language>
	<dc:relation>https://journal.unhas.ac.id/index.php/hjabe/article/view/23599/8829</dc:relation>
	<dc:rights xml:lang="en">Copyright (c) 2022 Hasanuddin Journal of Applied Business and Entrepreneurship</dc:rights>
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