Peluang Cuan Di Sektor Perikanan

Summary

Indonesia’s fishing sector, often described as an untapped treasure, holds massive potential due to its vast maritime resources, comprising 68% of the country’s area. The Ministry of Maritime Affairs estimates the sector's economic value at $1.33 trillion USD, with aquaculture contributing 16%. Fish consumption and exports have been rising steadily, further highlighting growth opportunities. Agung Menjangan Mas, a company specializing in aquaculture services, is poised for an IPO on the Indonesia Stock Exchange. With significant growth in sales and profits, it presents a promising investment opportunity in a sector with immense untapped potential.

Takeaways

• 😀 Indonesia's fisheries sector is considered an untapped treasure with vast economic potential, primarily due to the country's archipelagic geography, covering 68% of its total area with water.
• 😀 The maritime economy of Indonesia is valued at 1.33 trillion USD (19,950 trillion IDR), which is larger than the country's GDP, signifying the immense potential of this sector.
• 😀 Aquaculture, specifically fish farming, accounts for 16% of the maritime economy, equating to an estimated 3,000 trillion IDR potential, although this remains largely unrealized.
• 😀 Despite its large potential, the fisheries sector contributes only about 2.5% to Indonesia's GDP, with growth seen in recent years, though it fluctuated during the 2020-2021 period.
• 😀 Fish consumption in Indonesia has grown consistently, reaching 55.37 kg per capita in 2021, up from 30.48 kg per capita in 2010, highlighting the increasing demand for seafood.
• 😀 Fisheries exports from Indonesia have also increased, with a notable rise from 3.87 billion USD in 2012 to 5.72 billion USD in 2021. The Q1 2022 export value already reached 1.53 billion USD.
• 😀 If the current export growth continues, Indonesia's fisheries sector could surpass 6 billion USD in exports for 2022, exceeding previous records.
• 😀 Agung Menjangan Mas, a key player in Indonesia's aquaculture sector, is preparing for an IPO on the Indonesia Stock Exchange, offering 240 million shares (20% of its capital).
• 😀 Agung Menjangan Mas operates in providing essential services for aquaculture, including pond preparation, maintenance, harvesting, and post-harvest, with a focus on shrimp and other species like lobster and grouper.
• 😀 In 2021, Agung Menjangan Mas saw significant growth, with net sales increasing by 151% compared to 2020, rising from 2.26 billion IDR to 5.66 billion IDR.
• 😀 The company transitioned from a net loss of 353.6 million IDR in 2020 to a profit of 680 million IDR in 2021, with continued positive performance in Q1 2022, achieving a 25-fold increase in net profit compared to Q1 2021.

Q & A

What makes Indonesia's fisheries sector described as a 'hidden treasure'?

Indonesia's fisheries sector is considered a 'hidden treasure' because of its vast untapped potential. The country's archipelagic nature means that 68% of its total area is covered by water, offering enormous opportunities for growth in the fisheries and aquaculture sectors.

How large is Indonesia's fisheries sector in terms of economic value?

Indonesia's fisheries sector has an estimated economic value of 1.33 trillion USD, or approximately 19,950 trillion IDR, according to the Ministry of Marine Affairs and Fisheries. This is a significant amount, even larger than the country’s GDP of around 1.2 trillion USD.

What percentage of Indonesia's economic output comes from the fisheries sector?

As of the first quarter of 2022, the fisheries sector contributed about 2.5% to Indonesia’s GDP, with fluctuations in previous years. Although this is a small portion, the sector shows potential for much higher growth with proper management.

How has fish consumption in Indonesia changed over the years?

Fish consumption in Indonesia has steadily increased, rising from 30.48 kg per capita in 2010 to 55.37 kg per capita in 2021. This upward trend demonstrates the growing demand for seafood in the country.

What does the export trend for Indonesia's fishery products look like?

Indonesia’s fishery exports have shown a consistent increase. From 3.87 billion USD in 2012, the value reached 5.72 billion USD by 2021, and by the first quarter of 2022, it had already reached 1.53 billion USD, suggesting a continued upward trajectory in exports.

What company is highlighted in the script as an investment opportunity in Indonesia's fisheries sector?

The company highlighted is Agung Menjangan Mas, which specializes in providing aquaculture support services such as shrimp farming and has expanded to lobster, grouper, and white shrimp farming.

What is the current status of Agung Menjangan Mas in the market?

Agung Menjangan Mas is preparing for an initial public offering (IPO) on the Indonesia Stock Exchange. The company plans to release 240 million shares at a price of 100 IDR per share, raising approximately 24 billion IDR.

How did Agung Menjangan Mas perform financially in 2021 compared to 2020?

In 2021, Agung Menjangan Mas achieved a 151% increase in revenue, reaching 5.66 billion IDR compared to 2.26 billion IDR in 2020. The company also returned to profitability, reporting a net income of 680 million IDR, a turnaround from a loss in 2020.

What were the financial results of Agung Menjangan Mas in the first quarter of 2022?

In the first quarter of 2022, Agung Menjangan Mas reported a net income of 301 million IDR, which was a 25-fold increase compared to 12 million IDR in the first quarter of 2021.

Why is the fisheries sector in Indonesia considered a promising investment opportunity?

The fisheries sector in Indonesia is seen as a promising investment due to its vast untapped potential, growing demand for seafood, rising exports, and the presence of companies like Agung Menjangan Mas that have shown strong financial growth and positive future prospects.