| Issue |
BIO Web Conf.
Volume 158, 2025
The 4th International Conference on Sustainable Agriculture for Rural Development (ICSARD 2024)
|
|
|---|---|---|
| Article Number | 02002 | |
| Number of page(s) | 8 | |
| Section | Socio-Economics of Agriculture and Agribusiness | |
| DOI | https://doi.org/10.1051/bioconf/202515802002 | |
| Published online | 06 February 2025 | |
Financial feasibility of NFT system hydroponic urban farming businesses in Semarang city
1 Doctoral Program in Agriculture Science, Faculty of Agriculture, Gadjah Mada University, Yogyakarta, Indonesia
2 Department of Agricultural Socio-Economics, Faculty of Agriculture, Gadjah Mada University, Yogyakarta, Indonesia
* Corresponding author: herysetiyawan2018@mail.ugm.ac.id
The objective of this research is to analyse the financial feasibility of a hydroponic urban farming business in Semarang City that uses an NFT system. The census method was employed to conduct the research on 52 independent hydroponic farmers who adopted the NFT system. Quantitative descriptive methods were implemented to analyse the data based on financial feasibility criteria. The research findings indicate that the average ROI (Return On Investment) is 17.62%, the PP (Payback Period) is 1 year, 3 months, and 14 days, the NPV (Net Present Value) is IDR 58,753,215,-, the BCR (Benefit Cost Ratio) is 1.71, and the IRR (Internal Rate of Return) is 33.48%. The conclusion of this research indicate that the hydroponic urban farming business in Semarang City, which employs the NFT system, is profitable or viable.
© The Authors, published by EDP Sciences, 2025
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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