International Journal of Economic, Business, Accounting, Agriculture Management and Sharia Administration (IJEBAS)
Vol. 6 No. 5 (2026): October (ON-PROGRESS)

BUSINESS FEASIBILITY ANALYSIS AND ECONOMIC COMPARISON OF CONVENTIONAL AND HYDROPONIC PAK CHOI CULTIVATION IN NORTH ACEH REGENCY

Lukman (Universitas Malikussaleh)
Nelly Fridayanti (Universitas Malikussaleh)



Article Info

Publish Date
28 Aug 2026

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.

Copyrights © 2026






Journal Info

Abbrev

IJEBAS

Publisher

Subject

Economics, Econometrics & Finance

Description

This journal aims to examine new breakthroughs and current issues regarding advances in science and technology in the fields of Economics, Business, Sharia Administration, Accounting and Agriculture ...