Project duration

5 years

Number of breeders, female + male (70-80g)

800+200 pcs

Group spawning frequency per month

  2x

Number of spawning breeders/month

256

Ave. spawning fecundity per breeder

250,000 eggs

Total egg production/spawning cycle

32 million

Total veliger larvae production (40%)

12.8 million

% Settlement rate

2.50%

% Survival of early juvenile at 90-day period

4%

Total early juvenile production per run
(10-15mm)

12,800

% Survival after a 60-day nursery 

85%

Total advance juveniles production per run
 (20-25mm)

10,880

Number of production cycles per year

20

Total juvenile production per year

217,600

Capital Investment

1,061,000

Annual Depreciation

93,942

Depreciation per crop

4,697

Salvage Value after 5 Years

602,125

Items

  Harvest, 90-day
(10-15 mm SL)

      Harvest, 150-day
( 20-25 mm SL)

 Per crop

Per year

Per crop

Per year

Hatchery production 

12,800

256,000

10,880

217,600

Gross Revenue:

Sale of juveniles (P6/pc; P8/pc)

76,800

1,536,000

87,040

1,740,800

Variable costs

19,037

380,740

23,933

478,660

Fixed costs

10,215

204,302

10,215

204,302

Total cost

29,252

585,042

34,148

682,962

Net Income

47,548

950,958

52,892

1,057,838

Items

Harvest, 90-day
(10-15 mm SL)

 Harvest, 150-day
( 20-25 mm SL)

Net profit per year (before tax)

950,958

1,057,838

Return on Investment (ROI, %)

101.48

111.56

Break-even-Quantity (pcs)

97,507

113,826

Break-even-Price (Pesos) 

2.29

3.14

Payback period (Years)

1.02

0.92

Items

Harvest, 90-day

Harvest, 150-day

Project duration

  5 years

     5 years

Investment Cost

1,061,000

1,061,000

Gross Revenue

1,280,000

1,740,800

Total Cost (variable+fixed)

585,042

682,962

Net Income

950,958

1,057,838

NPV @ 12%

3,430,242

3,873,490

IRR (%)

98.49

109.24

Discounted BCR

3.62

4.09