Costs and Benefits of Investing in Lotus Plantation of Farmers in Chonburi province

Abstract

The purpose of this research was to study the personal factors, cost and return on investment of lotus planting and to find the relationship between the return of the farmers in Chon Buri province. The study methodology used descriptive research methods. The research instruments were a population questionnaire using 124,125 lotus farmers in and 400 samples selected by Stratified sampling. The statistics used were percentage, mean, standard deviation. and one-way anova

          The findings were found that:

          The average cost of planting lotus is 8,175 baht per rai, with an average net profit of 9,749 baht per rai. Net profit margin per cost is 1.312 times, profit to sales is 0.62 times, return on investment (ROI) 0.93 times and return on assets (ROA) is 3.352 times and the break-even point is 38 baht. The cost of lotus farming consists of 3 parts which are 1.95% raw material cost, 38.03% labor cost and 67.07% of production cost. The relationship between the demographic characteristics of the investment analysis and the return of farmers in planting lotus. Found that there is a difference at the statistical significance level of 0.05