Jurnal Agriuma
Vol. 7 No. 2 (2025): Jurnal Agriuma Oktober

The Feasibility Analysis of Nipa Palm (Nypa fruticans) Shoot Processing Business in Aceh Singkil Regency

Ibrahim, T. Miftah (Unknown)
Atikah, Qhisthina (Unknown)
Ariska, Nana (Unknown)



Article Info

Publish Date
30 Dec 2025

Abstract

This study aims to analyze the technical and financial feasibility of the nipa shoot processing business in Singkil District, Aceh Singkil Regency. This study employed a quantitative descriptive approach, incorporating production and financial analyses based on direct observation, in-depth interviews, and measurements of production parameters. Financial feasibility was evaluated using the Break-Even Point (BEP), Return on Investment (ROI), Payback Period (PBP), and Benefit–Cost Ratio(B/C) indicators. The results indicate that the nipa shoot processing business, with a capacity of 600 stems per day, has high production efficiency, with a recovery rate of 43%. From a financial perspective, the business is highly feasible, requiring a total capital investment of IDR 122,080,000 and generating a projected annual net profit of IDR 785,025,000. Feasibility indicators show a benefit-cost ratio of 3.345, a return on investment of 861.9%, and a payback period of 0.116 years. Sensitivity analysis proved the business resilience against market volatility. The Nipa shoot processing business is feasible for development as a sustainable and highly profitable business model.

Copyrights © 2025






Journal Info

Abbrev

agriuma

Publisher

Subject

Agriculture, Biological Sciences & Forestry Economics, Econometrics & Finance

Description

Jurnal Agriuma is a journal that discusses the scope of business-based agriculture or other fields that support it, both in the upstream and downstream sectors. The term "upstream" and "downstream" refers to the main view that agribusiness works in the food supply chain. Agribusiness, in other ...