scholarly journals Financial Feasibility Analysis and Business Sensitivity Level on Intensive Aquaculture of Vaname Shrimp (Litopenaeus Vannamei)

2021 ◽  
Vol 008 (02) ◽  
pp. 268-279
Author(s):  
Abdul Muqsith ◽  
◽  
Heri Ariadi ◽  
Abdul Wafi ◽  
◽  
...  

Intensive aquaculture of vaname shrimp (L. vannamei), has been known to be a favorite for aquaculture commodities in Indonesia at the last 2 decades. The purpose of this study was to determine status of financial feasibility and business sensitivity rate in intensive shrimp culture activities. The research method used in this study is a quantitative method. The data analysis used to determine of financial feasibility and business sensitivity in the form of NPV analysis, Net B/C, R/C, IRR, and payback period. Also, an analysis of assumptions about rising feed prices and decreasing production revenues for the level of business sensitivity. The results showed that the shrimp culture business was categorized as feasible and profitable with NPV value of IDR 63,417,262,006, Net B/C 29.11, R/C 2.14, IRR 42.46%, and PP 1.4 years. Sensitivity analysis shows that the business is not so sensitive to the increase of feed prices and decreased revenue, but is very sensitive if both conditions change simultaneously, but are still in the financially feasible category. So, it can be concluded based on NPV, Net B/C, R/C, IRR, and payback period indicator analysis that intensive white shrimp farming is very feasible and profitable to use with a low level of business sensitivity due to feed price fluctuations changes and uncertain operational business revenues.

2018 ◽  
Vol 2 (2) ◽  
Author(s):  
Yudiana Yudiana ◽  

Abstract The object of research is PO. Pisang Suseno Bandar Lampung Chips located at Jalan Ikan kakap No. 78 Teluk Betung. PO. The problem studied was to find out the influence of financial and marketing factors on business feasibility of PO. Suseno Banana Chips in Bandar Lampung because of the business feasibility of PO. Suseno Banana Chips in Bandar Lampung business feasibility PO. Suseno Banana Chips in Bandar Lampung are declining. The research method used in this study is library research carried out by reading and studying books, scientific works and other library support related to this research and field research conducted by examining directly on PO. Suseno chips in Bandar Lampung through interview methods and questionnaires related to financial and marketing factors to the business feasibility of Suseno Keripik in Bandar Lampung. The results showed that the influence of financial and marketing factors on business feasibility of PO. Suseno Chips in Bandar Lampung, Based on calculations and research results from several financial feasibility criteria, it can be seen that the Net Present Value (NPV) is 226,745,626 and the Profitability Index (PI) is 1.87, the Internal Rate of Return (IRR) is 40.47% and Payback period (PP) for 2 years 23 days. This business should be developed in the direction of a larger processing industry given the products of PO chips. Suseno is a product that is quite popular with the community and this business can be used as an example by various parties who want to pursue similar businesses.


2020 ◽  
Vol 7 (2) ◽  
pp. 68
Author(s):  
Vega Chrisnawati ◽  
Boedi Setya Rahardja ◽  
Woro Hastuti Satyantini

Water quality is a major factor in shrimp culture so maintenance that water quality system is the key factor of success of white shrimp culture. This research was conducted to determine the commercial probiotic on white shrimp (L. vannamei) culture media to decrease ammonia content and TOM. Research method used experimental testwithdifferent type of probiotic and giving periodic which are P0 (without probiotic). Probiotic A; P1 (3 days), P2 (5 days) and P3 (7 days). Probiotic B; P4 (3 days), P5 (5 days) and P6 (7 days). Probiotic C; P7 (3 days), P8 (5 days) and P9 (7 days).The results showed that probiotic bacteria influence the content of ammonia and total organic matter culture media of white shrimp. The lowest ammonia obtained in P4 (Probiotic B 3 days) is 0.05 mg/L and TOM is 53,72 mg/L in last week.The highest ammoniaand TOM in P0 (Control). All treatments with addition of probiotic give lowers ammonia in culture media. Survival Rate (SR) in P4 give significantly different results (P <0.05) to P0. Other water quality parameters measured during maintenance among other 27-30oC temperature, pH 7.0 to 7.9, Dissolved Oxygen (DO) from 3.1 to 7.6 mg/l and 15-19 ppt salinity.


2020 ◽  
Vol 8 (1) ◽  
pp. 93
Author(s):  
Pingky Dwi Septiana ◽  
Muhammad Irfan Affandi ◽  
Serly Silvianti

The purpose of this study was to determine the feasibility of vaname shrimp farming. This research was conducted in Ketapang District, South Lampung Regency in January, 2018. The samples were 35 shrimp farmers chosen usinga cluster propotionalsimple random sampling method based on their cultivation technology, i.e.traditional, semi-intensive and intensive. The research data were analyzed using the method of financial feasibility analysis and sensitivity analysis. The results showed that the vaname pondshrimp business in a traditional, semi-intensive and intensive manner was feasible to be cultivated and developed based on the criteria of NPV, IRR, Gross B/C, Net B/C, and PP. However, the results of calculations show that the business ofintensive vaname shrimp business is more feasible and profitable than semi-intensive and traditional vaname shrimp businesses. Based on the results of the sensitivity analysis, after an increase in production costs, and a decrease in the production and price of vaname shrimp, the business is still worth cultivated and developed. The sensitivity rate shows that most investment criteria are sensitive to change. Some investment criteria that are not sensitive to changes are PP, Gross B/C, and Net B/C.Key words: farm, feasibility, finance, sensitivity, vaname


Author(s):  
Pindo Witoko ◽  
Ninik Purbosari ◽  
Nuning Mahmudah Noor

<p>Pacific white shrimp is one of the primadona of fishery commodities. The development of Pacific white shrimp can be done by using floating net cage (FNC). Shrimp culture in sea floating net cage is the one of alternative aquaculture of environmentally friendly shrimp cultivation and potentially become applicative technology of shrimp farming in the future. The aims of this study were to know the feasibility of white shrimp culture in sea floating net cage. The study was conducted by using descriptive and analytic method with 18 pieces of cage. Analysis of the feasibility using net present Value (NPV),Internal Rate of return (IRR), Net Benefit-Cost Ratio, Gross Benefit-Cost Ratio, Payback Period (PBP), and Break Even Point (BEP). The study result show that the NPV is IDR 43,315,360.00; IRR is 21.47%; net B/C ratio is 5.11, gross B/C ratio is 3.71; PBP is 6 months and 9 days and BEP is 1,837.82 kg of shrimp biomass or IDR 147,025,891.18 of the value of sales. The final result of feasibility analysis of shrimp culture in sea floating net cage is feasible to run.</p>


Agromix ◽  
2021 ◽  
Vol 12 (2) ◽  
pp. 92-101
Author(s):  
Eni Karsiningsih

Introduction: During the Covid-19 pandemic, aruk rice became one of the healthy alternative food additives for consumption. Aruk rice is a local food of cultural heritage for the people of Bangka Belitung that must be preserved. This study aims to analyze the financial feasibility of the aruk rice business during the Covid-19 pandemic carried out by the Sumber Jaya Farmers Group, Tempilang Village, West Bangka Regency. Method: The research method used is a case study. Sampling was carried out by census, which took 8 aruk rice makers who produced during the Covid-19 pandemic. Analysis of the financial feasibility of aruk rice business is carried out by calculating NPV, Net B/C ratio, IRR, Payback Period, and BEP. Result: The results showed that during the Covid-19 pandemic, the aruk rice business provided a 12% higher profit, which was Rp. 866,700 per month compared to before the Covid-19 pandemic. Based on the financial feasibility analysis, the aruk rice business during the Covid-19 pandemic is still feasible. Based on the results of the financial feasibility analysis at the interest rate of the BRI Micro KUR loan at 6% per year, the NPV value is Rp. 10,400,400, Net B/C ratio is 1.5, IRR is 128%, and the Payback Period or payback period. investment for 4 months 5 days. The aruk rice business will experience a Break Event Point when the income is IDR 218,200 per month, the production is 9 kg per month and the price is IDR 16,200 per kilo. Conclusion: Based on the results of the financial feasibility analysis, the rice aruk business conducted by the Sumber Jaya Farmers Group during the Covid-19 pandemic is still feasible.  


2017 ◽  
Vol 3 (2) ◽  
pp. 267
Author(s):  
Fajar Hidayat ◽  
Francis Tantri ◽  
Devi Marlita

The aims of this  study is  to determine feasibility study of commercial air charter in PT. Sukses Mandiri Aviation. This research was conducted at PT. Sukses Mandiri Aviation, by using a qualitative descriptive research method to analyze marketing aspects of the market and financial feasibility studies. The result shows that PT. Sukses Mandiri Aviation has a captive market by cooperating with charter aircraft. Results of analysis of financial projections on the financial aspects of the feasibility study are: NPV is positive, the profitability is more than 1 (one), the IRR is greater than the interest, the payback period is less than the life of the investment,and financial ratios have met the requirements of the rules and regulations.


Author(s):  
Devi Aprilia ◽  
Sutinah Made ◽  
Muh. Chasyim Hasani

This study aims to analyze the profitability of vanname shrimp (Litopenaeus vannamei) cultivation using the supra intensive method and to determine the feasibility of cultivating vanname shrimp (Litopenaeus vannemei) using the supra intensive method in CV. Dewi Windu, Barru Regency. This research was conducted from March to April 2020. The sampling method used was the case study method in CV. Dewi Windu where the research goes directly to the field by taking respondents (samples) from the representative population using a questionnaire as the main data collection. Sources of data used are primary data and secondary data and then analyzed using cost and income analysis as well as business financial analysis. Based on the results of the analysis of business profits obtained in the super intensive vanname shrimp cultivation business of Rp. 3,914,733.10. Where the profit is obtained from the total revenue of Rp. 34,626,400,000 minus the total cost used of Rp. 15,050,734,400. The feasibility of Vanname Shrimp Cultivation at CV Dewi Windu was obtained from the results of the NPV, B/C Ratio, IRR, and Payback Period where each was obtained. The NPV (Net Present Value) obtained in the supra-intensive vanname shrimp culture in the next five years is Rp. 3,772,305,286. Comparison of the value of net cash receipts in the future or Net B/C ratio in the supra intensive vanname shrimp farming business is 1.1. Interest rate or IRR (Internal Rate of Return) in the cultivation of super-intensive vanname shrimp is 25.4%. As for the payback period (PP) in the cultivation of super-intensive vanname shrimp, which is for a period of less than 1.95 years or equal to 23.4 months. Keywords: vaname shrimp, revenue, profit.    


2018 ◽  
Vol 3 (1) ◽  
Author(s):  
Imelda Isamu ◽  
Idrus Salam ◽  
Lukman Yunus

Vaname shrimp is one of the aquaculture commodities which is the mainstay of export commodities of the government in improving non-oil and gas foreign exchange. This research aims to: analyze the income of shrimp farming business of Vanamee traditional pattern plus in Samaturu Sub-district of Kolaka Regency, and analyze the financial feasibility of shrimp farming business of Vanamee traditional pattern plus in Samaturu Sub-district of Kolaka. Respondents in this research are Vanamee shrimp farmers located in District Samaturu Kolaka District, with 34 farmers. The analysis used in this study is income analysis,  R/C-ratio analysis, payback period (PP) analysis and return of invesment (ROI) analysis. Result of research indicate that: Vanamee shrimp farming income of traditional pattern plus in Samaturu Sub-district of Kolaka Regency is Rp 48,173.451 per hectare per year, and Vanamee shrimp farming business in traditional pattern plus in Samaturu District Kolaka Regency is financially. Therefore, the role of government and private sector is needed to support the provision of cultivation facilities and infrastructure.Keywords: income; Vanamee shrimp; farming; feasibility


Author(s):  
K. Sirisha ◽  
Y. Aparna ◽  
M. Srinivasulu Reddy

Shrimp culture has been developed during the last three decades and the production of farmed shrimp reached its peak. However, the shrimp production was decreased all over the World including in Asian Countries because of the mass mortality due to the outbreak of several diseases predominantly White Spot Syndrome Virus (WSSV) which caused extensive economic damage to the shrimp culture industry. Various Polyculture technologies of shrimp with shellfish, finfish or seaweeds have been implemented to reduce economic damages by mass mortality of shrimp. The present study was conducted with Tiger shrimp Penaeus monodon and Pacific white shrimp Litopenaeus vannamei through Polyculture operation to determine optimum stocking ratios for induction of best performance and highest production rates. Initially, the experiments were conducted with different ratios and combinations of stocking densities 1:1, 2:1 and 1:2 ratios of Penaeus monodon and Litopenaeus vannamei with control group feed with commercial feed, the other group certain Probiotic bacteria such as Bacillus licheniformis and Lactobacillus rhamnosus added in feed, the third group both the Probiotic bacteria and the addition of external Carbon source from sugarcane molasses in the form of Bioflocs for 100 days. To ascertain further interaction of ratios influence, 20:10, 20:12, 20:15 ratios of stocking and Monoculture experiments were conducted. In both the experiments the Survival rate, Final body weights, Weight Gain, Feed conversion ratio, Specific growth rates, Average daily growth rates, Protein efficiency ratio, and Productivity rates were significantly different (P<0.05) in all the different treatments both for P. monodon and L. vannamei. From the results obtained 20:10 ratio of P. monodon and L. vannamei was considered as the best ratio of stocking, which yielded the highest production rates in all the Control, Probiotic added and both Probiotic & Biofloc added groups. The results obtained in the present study clearly demonstrate that the rearing of taxonomically similar species with optimum stocking ratios seems to improve the efficiency of shrimp farming and substantially increasing the production rates. So, this polyculture of P. monodon and L. vannamei can be considered as an alternative approach towards the establishment of sustainable shrimp farming activity which will yield good economic returns.


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