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Financial Feasibility of a Crab Fishing Business in Pajukukkang Village, Bontoa District, Maros Regency

PONGGAWA : Journal of Fisheries Socio-Economic · Vol. UME No. MOR (2025) · pp. 89–96

DOI
10.35911/ponggawa.v5i2.48320
ISSN
2775-7196
Published
2025-12-09
Publisher
Program Studi Sosial Ekonomi Perikanan, Fakultas Ilmu Kelautan dan Perikanan, Universitas Hasanuddin
Language
en

Abstract

This study aims to analyze the financial feasibility of the blue swimming crab fishing business in Pajukukkang Village, Bontoa District, Maros Regency. The analysis was conducted by calculating profit, the revenue-to-cost ratio (R/C Ratio), and the payback period (Payback Period). The research method used was quantitative descriptive with data collection techniques through observation, interviews, and literature study. There were 112 crab fishermen, so 20% of the population was taken as the research sample, resulting in a sample of 23 crab fishermen. The results show that business profits vary depending on the season. During the peak season, profits reach IDR 11,454,056, while during the transition season, profits drop to IDR 4,300,664. The feasibility analysis using the R/C Ratio shows values of 2.38 in the peak season and 1.77 in the transition season, indicating that the business is viable. Additionally, the Payback Period analysis reveals that the investment can be recovered within 2.75 years or approximately 2 years and 9 months. Based on these findings, it can be concluded that the blue swimming crab fishing business in Pajukukkang Village has good financial prospects and is feasible for further development.

Keywords

Collaboration network of the authors

32 authors · 133 co-authorship links · 1 across different organisations

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

  • Universitas Muhammadiyah Prof Dr Hamka
  • Institut Teknologi dan Sains Mandala
  • Universitas Halu Oleo
  • Affiliation unknown
  • Different organisations
  • Same organisation
  • Affiliation unknown
  • Thicker line = more joint articles · bigger circle = more articles
Show as table
Co-authorOrganisationJoint articles
Aris BasoAffiliation unknown7
Andi AmriUniversitas Muhammadiyah Prof Dr Hamka5
Hamzah TahangAffiliation unknown5
Benny Audy Jaya GosariAffiliation unknown4
M. Chasyim HasaniAffiliation unknown3
Kasri KasriAffiliation unknown3
Sitti FakhriyyahAffiliation unknown3
Arie Syahruni CangaraAffiliation unknown2
Abdul WahidInstitut Teknologi dan Sains Mandala2
Andi Adri AriefAffiliation unknown2
Muhammad Dalvi MustafaAffiliation unknown2
Harapin HafidUniversitas Halu Oleo1
Wahyuni SyuhadaAffiliation unknown1
Juwarsi Auliya SalsabilahAffiliation unknown1
Nisfah Ainun MardiyahAffiliation unknown1
Asrul Rahadi RamlanAffiliation unknown1
A. Fitri TasmaraAffiliation unknown1
Djumran YusufAffiliation unknown1
Nur HidayatAffiliation unknown1
Karmila KaharAffiliation unknown1
Risna RisnaAffiliation unknown1
Abdul RasulAffiliation unknown1
Nur Amaliyah NasruddinAffiliation unknown1
Ayu Dwi Saputri Wahab AyuAffiliation unknown1
Hamzah HamzahAffiliation unknown1
Nur Citra AynunAffiliation unknown1
Firiah FatmaridhaAffiliation unknown1
Sutinah MadeAffiliation unknown1
Sri Suro AdhawatiAffiliation unknown1
Muh Rifkhi RamadhanAffiliation unknown1

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/ponggawa/oai, first harvested 2 Nov 2026, last seen 2 Nov 2026.
Original metadata (oai_dc)
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	<dc:title xml:lang="en">Financial Feasibility of a Crab Fishing Business in Pajukukkang Village,  Bontoa District, Maros Regency</dc:title>
	<dc:creator xml:lang="en">Alfian, Adryan Mahendra</dc:creator>
	<dc:creator xml:lang="en">Amiluddin, Amiluddin</dc:creator>
	<dc:subject xml:lang="en">Financial feasibility</dc:subject>
	<dc:subject xml:lang="en">blue swimming crab</dc:subject>
	<dc:subject xml:lang="en">R/C Ratio</dc:subject>
	<dc:subject xml:lang="en">payback period</dc:subject>
	<dc:subject xml:lang="en">Pajukukkang Village</dc:subject>
	<dc:description xml:lang="en">This study aims to analyze the financial feasibility of the blue swimming crab fishing business in Pajukukkang Village, Bontoa District, Maros Regency. The analysis was conducted by calculating profit, the revenue-to-cost ratio (R/C Ratio), and the payback period (Payback Period). The research method used was quantitative descriptive with data collection techniques through observation, interviews, and literature study. There were 112 crab fishermen, so 20% of the population was taken as the research sample, resulting in a sample of 23 crab fishermen. The results show that business profits vary depending on the season. During the peak season, profits reach IDR 11,454,056, while during the transition season, profits drop to IDR 4,300,664. The feasibility analysis using the R/C Ratio shows values of 2.38 in the peak season and 1.77 in the transition season, indicating that the business is viable. Additionally, the Payback Period analysis reveals that the investment can be recovered within 2.75 years or approximately 2 years and 9 months. Based on these findings, it can be concluded that the blue swimming crab fishing business in Pajukukkang Village has good financial prospects and is feasible for further development.</dc:description>
	<dc:publisher xml:lang="en">Program Studi Sosial Ekonomi Perikanan, Fakultas Ilmu Kelautan dan Perikanan, Universitas Hasanuddin </dc:publisher>
	<dc:date>2025-12-09</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:type xml:lang="en">Peer-reviewed Article</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://journal.unhas.ac.id/index.php/ponggawa/article/view/48320</dc:identifier>
	<dc:identifier>10.35911/ponggawa.v5i2.48320</dc:identifier>
	<dc:source xml:lang="en">PONGGAWA : Journal of Fisheries Socio-Economic; VOLUME 5, NOMOR 2, NOVEMBER 2025; 89-96</dc:source>
	<dc:source>2775-7196</dc:source>
	<dc:source>10.35911/ponggawa.v5i2</dc:source>
	<dc:language>en</dc:language>
	<dc:relation>https://journal.unhas.ac.id/index.php/ponggawa/article/view/48320/13849</dc:relation>
	<dc:rights xml:lang="en">Copyright (c) 2025 PONGGAWA : Journal of Fisheries Socio-Economic</dc:rights>
</oai_dc:dc>