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Chinese Agricultural Science Bulletin ›› 2009, Vol. 25 ›› Issue (20): 42-45.

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Economic analysis on the production of Paeonia suffruticosa Andr.

  

  • Received:2009-05-04 Revised:2009-07-27 Online:2009-10-20 Published:2009-10-20

Abstract:

Abstract: Objective: To guide the industrialization of Paeonia suffruticosa Andr.Method: By the analytical method of agricultural project investment evaluation, economic analysis on the planting project of P. suffruticosa Andr. (20hm2,r=10%) is carried out basis on the social and economic development of Dianjiang county in 2008 and the market situation of P. suffruticosa Andr. Results: The total project investment estimated is RMB 935 000, investmental profit margin 8.4%, The NPV is RMB 52 900, IRR 13.3%. The break-even point of yield and spot sale price was 4 830 kg/hm2, 11.2 RMB /kg respectively. The effect of spot sale price on NPV is most sensitive. Conclusion: It has some social and economic benefit to plant P. suffruticosa Andr., but with some market risk .