{"refrec":{"BRefID":198845,"RR":"Afero, F.; Miao, S.; Perez, A.A. (2010). Economic analysis of tiger grouper Epinephelus fuscoguttatus and humpback grouper Cromileptes altivelis commercial cage culture in Indonesia. Aquacult. Int. 18(5): 725-739. https://dx.doi.org/10.1007/s10499-009-9295-x","BEntID":191166,"PublicFlag":1,"CheckedFlag":1,"wosflag":1,"vabbflag":1,"RefStringPartII":". Aquacult. Int. 18(5): 725-739. https://dx.doi.org/10.1007/s10499-009-9295-x","DocTypID":8,"DocType":"Journal article","MarineFlag":1,"FreshFlag":0,"BrackishFlag":0,"TerrestrialFlag":0,"Authorstring":"Afero, F.; Miao, S.; Perez, A.A.","OrigTitleTranslFlag":0,"Authorstringtrunc":"Afero, F.; Miao, S.; Perez, A.A.","Englishabstract":"This study presents an economic analysis of tiger and humpback grouper at different production scales in Indonesia. The results highlight the non-viability of small-scale tiger grouper farming, with a 5-year projected negative cumulative cash flow of −IDR 18,102,650.00 and a negative net present value (NPV) of −IDR 22,059,576.28. An increased production scale of tiger grouper highlights a marginal viability for medium-scale farms (with a 5-year projected cumulative cash flow of IDR 198,320,673.00, a positive NPV of IDR 105,578,440.42; a benefit cost ratio of 1.25; an internal rate of return (IRR) of 88% and a payback period of 0.99 years), and an economically viable large-scale cage culture (with a 5-year projected cumulative cash of IDR 707,746,923.00; a NPV of IDR 406,801,749.07; a benefit cost ratio of 1.33; an internal rate of return of 157%; and a payback period of 0.57 years). The economic analysis of humpback grouper at different production scales highlighted a positive cumulative cash and NPV, a benefit cost ratio over 2, an internal rate of return over 300% and a payback period <1 year. A sensitivity analysis revealed that increased survival rate up to 80% would increase cumulative cash and NPV of small-scale tiger grouper cage culture. Additionally, improved profitability performance was associated with decreasing major production costs, increasing production and price of the product.","AbstractOtherLang":null,"BibLvlCode":"AS","StandardTitle":"Economic analysis of tiger grouper Epinephelus fuscoguttatus and humpback grouper Cromileptes altivelis commercial cage culture in Indonesia","OrigTitleLangCode":"en","OrigTitleLangCodeExtended":"eng","OrigTitleLangID":15,"DateLastModified":{"date":"2026-06-13 01:31:14.821943","timezone_type":1,"timezone":"+02:00"},"UserAccessRight":null,"UserAccID":null,"AuthorKeywords":"Tiger grouper; Humpback grouper; Economic production scale;Profitability","OtherDescriptors":null,"Notes":null,"AnaPub":2010,"MonPub":null,"DateUpdate":"2020-11-03","DateCreate":"2010-09-28","SecASFANote":null,"ConfID":null,"PeerRev":1,"VlizCoreFlag":1,"WoScode":"WOS:000280087300002","VABBcode":null,"OpenAcc":0,"DOI":"10.1007/s10499-009-9295-x"},"refs":null,"anarec":{"AnaID":198845,"PubliDate":2010,"Pagination":"725-739","XtraPublOfAnaID":null,"ISBN":null,"Volume":"18","Issue":"5","BRefMon":null,"BRefMonRR":null,"BRefXtra":null,"BRefXtraRR":null,"SerBRefID":44242,"SerRR":"Aquaculture International. Springer: London. ISSN 0967-6120; e-ISSN 1573-143X","StandardTitleSer":"Aquaculture International","ISSN":"0967-6120","AbbrevSer":"Aquacult. Int.","StandardTitleMon":null,"StartPage":725,"Pages":15,"ToPubliDate":null,"BRefBibLvlCode":"S","SerNotes":null},"monrec":null,"serrec":null,"relations":null,"relationsRev":null,"addrec":null,"othpubs":null,"ownerships":null,"authors":[{"AutName":"Afero","Firstname":"Farok","Initials":"F.","Affiliation":"Natl Taiwan Ocean Univ, Dept Aquaculture, Chilung, Taiwan.","Discriminator":null,"CorporateFlag":1,"BEntID":191166,"AutID":313159,"OrderNr":1,"DegrID":null,"EditorFlag":0,"CorrespFlag":0,"IllustratorFlag":0,"ReviserFlag":0,"TranslatorFlag":0,"InsAcronym":null,"InsFSN":null,"ORCID":null,"PersID":null,"InsID":null},{"AutName":"Miao","Firstname":"Sha","Initials":"S.","Affiliation":"Natl Taiwan Ocean Univ, Dept Aquaculture, Chilung, Taiwan.","Discriminator":null,"CorporateFlag":0,"BEntID":191166,"AutID":313160,"OrderNr":2,"DegrID":null,"EditorFlag":0,"CorrespFlag":0,"IllustratorFlag":0,"ReviserFlag":0,"TranslatorFlag":0,"InsAcronym":null,"InsFSN":null,"ORCID":null,"PersID":null,"InsID":null},{"AutName":"Perez","Firstname":"Arlenie","Initials":"A.A.","Affiliation":"Natl Taiwan Ocean Univ, Dept Aquaculture, Chilung, Taiwan.","Discriminator":null,"CorporateFlag":1,"BEntID":191166,"AutID":313161,"OrderNr":3,"DegrID":null,"EditorFlag":0,"CorrespFlag":0,"IllustratorFlag":0,"ReviserFlag":0,"TranslatorFlag":0,"InsAcronym":null,"InsFSN":null,"ORCID":null,"PersID":null,"InsID":null}],"mapdetails":null,"datasets":null,"monographs":null,"monparts":null,"serparts":null,"BEntOpen":null,"BEntPrivate":null,"availability":[{"BInstID":354644,"LibID":36,"BRefID":198845,"EmbargoDate":null,"FullEmbargoDate":null,"PhysMedID":16,"hasOCRd":null,"ShelfLocCode":"354644","RFID":null,"PaidValue":null,"Medium":"Server","Description":"Interne VLIZ documenten","Acronym":"VLIZ","Library":"Vlaams Instituut voor de Zee","DutchTerm":"Non-open access","URL":null,"ClassifID":228,"Classification":"Non-open access","ReqLink":1,"ClassifTypID":3,"URLLocation":"https://www.vliz.be/imisdocs/publications/","SubDir":1,"InternalReq":1,"LoggedInReq":1,"Disclaimer":"Disclaimer_VLIZ_Intern","DutchDisclaimer":"
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