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All Journal JURNAL PERBENIHAN TANAMAN HUTAN Jurnal Agrium International Journal of Economic, Business, Accounting, Agriculture Management and Sharia Administration (IJEBAS) Sisfo: Jurnal Ilmiah Sistem Informasi Jurnal Ilmiah Mahasiswa Agroekoteknologi Jurnal Solusi Masyarakat Dikara
Nelly Fridayanti
Program Studi Agroekoteknologi, Fakultas Pertanian, Universitas Malikussaleh
Agriculture, Biological Sciences & Forestry Humanities Biochemistry, Genetics & Molecular Biology Computer Science & IT Decision Sciences, Operations Research & Management Earth & Planetary Sciences Economics, Econometrics & Finance Education Engineering Library & Information Science Mechanical Engineering Social Sciences Other

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BUSINESS FEASIBILITY ANALYSIS AND ECONOMIC COMPARISON OF CONVENTIONAL AND HYDROPONIC PAK CHOI CULTIVATION IN NORTH ACEH REGENCY Lukman; Nelly Fridayanti
International Journal of Economic, Business, Accounting, Agriculture Management and Sharia Administration (IJEBAS) Vol. 6 No. 5 (2026): October
Publisher : CV. Radja Publika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.5281/zenodo.22309898

Abstract

This study aims to analyze and compare the productivity, profitability, and business feasibility (Break-Even Point and R/C Ratio) between conventional and Nutrient Film Technique (NFT) hydroponic pak choi cultivation systems on a controlled land area in North Aceh Regency. A comparative experimental method was utilized with a medium-term investment projection spanning 36 months (3 years). The results demonstrate that the hydroponic system yielded a fresh weight of 246 g/plant (a 290.48% increase compared to the conventional method). Financially, the hydroponic system recorded a net profit of IDR 1,310,824/cycle with an R/C Ratio of 1.18 and reached its Payback Period in the 13th cycle. Conversely, the conventional system generated a net profit of IDR 385,000/cycle with an R/C Ratio of 1.10. The production volume BEP analysis revealed that the hydroponic system (465.07 kg) maintains a higher risk safety buffer (14.98%) than the conventional system (268.33 kg; 8.73%). Cumulatively, the hydroponic system boosts medium-term profitability by 141.28%, establishing it as a highly prospective agribusiness model for lowland regions.
Co-Authors Aufa Inayatillah1 Endah Retno Palupi Eny Widajati Khaidir Khaidir Laila Nazirah Lukman Lukman Lukman Lukman Lukman Muhamad Yusuf Muhammad Nazaruddin Muhammad Nazaruddin Nasrul Nasrul Nazimah Nazimah Rd. Selvy Handayani Safrizal Safrizal Saiful Adhar Satriyas Ilyas Sri Wilarso Budi Teuku Multazam Usnawiyah Wulan Armadhanai Nainggolan