{"title":"豹珊瑚(plectroomus leopardus)、座头鲸(Cromileptes altivelis)、棕纹石斑鱼苗圃的养殖业绩及财务业务","authors":"Belinda Astari , Darmawan Setia Budi , Suko Ismi , Irzal Effendi , Tatag Budiardi , Iis Diatin , Apriana Vinasyiam , Ketut Sugama","doi":"10.1016/j.aqrep.2025.102923","DOIUrl":null,"url":null,"abstract":"<div><div>The nursery phase is critical in grouper aquaculture, influencing survival rates, growth performance, and economic feasibility. This study evaluates the culture performance and financial viability of three economically valuable grouper species: Leopard coral grouper (<em>Plectropomus leopardus</em>), humpback grouper (<em>Cromileptes altivelis</em>), and brown-marbled grouper (<em>Epinephelus fuscoguttatus</em>) over a 90-day nursery period. Results showed that brown-marbled grouper exhibited the highest survival rate (82.5 %) and growth performance, achieving the most significant final length (12.32 cm) and body weight (14.02 g). However, it also had the highest feed conversion ratio (FCR = 2.81), indicating lower feed efficiency. Leopard coral grouper demonstrated a balanced growth rate with the lowest FCR (2.00), making it the most cost-effective feed utilization. Financial analysis revealed that leopard coral grouper had the highest profitability, with the most significant net present value (NPV = US$ 65,067) and internal rate of return (IRR = 91.70 %), along with the shortest payback period (1.45 years). Sensitivity analysis indicated that feed costs and market price fluctuations significantly influenced financial viability. The research's findings show that leopard coral grouper is the most profitable species for nursery production, having the highest income, profit, net present value, and IRR. However, brown-marbled grouper has the lowest production cost per unit, making it a feasible option for budget-conscious farmers. While brown-marbled grouper grew the fastest in terms of length and weight, leopard coral grouper maintained competitive growth performance while also having the highest market value, making it the most economically advantageous option. To improve grouper farming's financial resilience, future initiatives should maximize feed efficiency, minimize mortality rates, and employ sustainable aquaculture practices.</div></div>","PeriodicalId":8103,"journal":{"name":"Aquaculture Reports","volume":"43 ","pages":"Article 102923"},"PeriodicalIF":3.2000,"publicationDate":"2025-06-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Culture performance and financial business of leopard coral (Plectropomus leopardus), humpback (Cromileptes altivelis), and brown-marbled (Epinephelus fuscoguttatus) grouper nursery\",\"authors\":\"Belinda Astari , Darmawan Setia Budi , Suko Ismi , Irzal Effendi , Tatag Budiardi , Iis Diatin , Apriana Vinasyiam , Ketut Sugama\",\"doi\":\"10.1016/j.aqrep.2025.102923\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>The nursery phase is critical in grouper aquaculture, influencing survival rates, growth performance, and economic feasibility. This study evaluates the culture performance and financial viability of three economically valuable grouper species: Leopard coral grouper (<em>Plectropomus leopardus</em>), humpback grouper (<em>Cromileptes altivelis</em>), and brown-marbled grouper (<em>Epinephelus fuscoguttatus</em>) over a 90-day nursery period. Results showed that brown-marbled grouper exhibited the highest survival rate (82.5 %) and growth performance, achieving the most significant final length (12.32 cm) and body weight (14.02 g). However, it also had the highest feed conversion ratio (FCR = 2.81), indicating lower feed efficiency. Leopard coral grouper demonstrated a balanced growth rate with the lowest FCR (2.00), making it the most cost-effective feed utilization. Financial analysis revealed that leopard coral grouper had the highest profitability, with the most significant net present value (NPV = US$ 65,067) and internal rate of return (IRR = 91.70 %), along with the shortest payback period (1.45 years). Sensitivity analysis indicated that feed costs and market price fluctuations significantly influenced financial viability. The research's findings show that leopard coral grouper is the most profitable species for nursery production, having the highest income, profit, net present value, and IRR. However, brown-marbled grouper has the lowest production cost per unit, making it a feasible option for budget-conscious farmers. While brown-marbled grouper grew the fastest in terms of length and weight, leopard coral grouper maintained competitive growth performance while also having the highest market value, making it the most economically advantageous option. To improve grouper farming's financial resilience, future initiatives should maximize feed efficiency, minimize mortality rates, and employ sustainable aquaculture practices.</div></div>\",\"PeriodicalId\":8103,\"journal\":{\"name\":\"Aquaculture Reports\",\"volume\":\"43 \",\"pages\":\"Article 102923\"},\"PeriodicalIF\":3.2000,\"publicationDate\":\"2025-06-16\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Aquaculture Reports\",\"FirstCategoryId\":\"97\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S2352513425003096\",\"RegionNum\":2,\"RegionCategory\":\"农林科学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"FISHERIES\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Aquaculture Reports","FirstCategoryId":"97","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S2352513425003096","RegionNum":2,"RegionCategory":"农林科学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"FISHERIES","Score":null,"Total":0}
Culture performance and financial business of leopard coral (Plectropomus leopardus), humpback (Cromileptes altivelis), and brown-marbled (Epinephelus fuscoguttatus) grouper nursery
The nursery phase is critical in grouper aquaculture, influencing survival rates, growth performance, and economic feasibility. This study evaluates the culture performance and financial viability of three economically valuable grouper species: Leopard coral grouper (Plectropomus leopardus), humpback grouper (Cromileptes altivelis), and brown-marbled grouper (Epinephelus fuscoguttatus) over a 90-day nursery period. Results showed that brown-marbled grouper exhibited the highest survival rate (82.5 %) and growth performance, achieving the most significant final length (12.32 cm) and body weight (14.02 g). However, it also had the highest feed conversion ratio (FCR = 2.81), indicating lower feed efficiency. Leopard coral grouper demonstrated a balanced growth rate with the lowest FCR (2.00), making it the most cost-effective feed utilization. Financial analysis revealed that leopard coral grouper had the highest profitability, with the most significant net present value (NPV = US$ 65,067) and internal rate of return (IRR = 91.70 %), along with the shortest payback period (1.45 years). Sensitivity analysis indicated that feed costs and market price fluctuations significantly influenced financial viability. The research's findings show that leopard coral grouper is the most profitable species for nursery production, having the highest income, profit, net present value, and IRR. However, brown-marbled grouper has the lowest production cost per unit, making it a feasible option for budget-conscious farmers. While brown-marbled grouper grew the fastest in terms of length and weight, leopard coral grouper maintained competitive growth performance while also having the highest market value, making it the most economically advantageous option. To improve grouper farming's financial resilience, future initiatives should maximize feed efficiency, minimize mortality rates, and employ sustainable aquaculture practices.
Aquaculture ReportsAgricultural and Biological Sciences-Animal Science and Zoology
CiteScore
5.90
自引率
8.10%
发文量
469
审稿时长
77 days
期刊介绍:
Aquaculture Reports will publish original research papers and reviews documenting outstanding science with a regional context and focus, answering the need for high quality information on novel species, systems and regions in emerging areas of aquaculture research and development, such as integrated multi-trophic aquaculture, urban aquaculture, ornamental, unfed aquaculture, offshore aquaculture and others. Papers having industry research as priority and encompassing product development research or current industry practice are encouraged.