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Prime Global Capital Group (Prime Global Capital Group) Gross Property, Plant and Equipment : $0.46 Mil (As of Jan. 2020)


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What is Prime Global Capital Group Gross Property, Plant and Equipment?

Prime Global Capital Group's quarterly gross PPE increased from Jul. 2019 ($0.42 Mil) to Oct. 2019 ($0.42 Mil) and increased from Oct. 2019 ($0.42 Mil) to Jan. 2020 ($0.46 Mil).

Prime Global Capital Group's annual gross PPE increased from Oct. 2017 ($0.31 Mil) to Oct. 2018 ($0.42 Mil) and increased from Oct. 2018 ($0.42 Mil) to Oct. 2019 ($0.42 Mil).


Prime Global Capital Group Gross Property, Plant and Equipment Historical Data

The historical data trend for Prime Global Capital Group's Gross Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Prime Global Capital Group Gross Property, Plant and Equipment Chart

Prime Global Capital Group Annual Data
Trend Mar10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.97 46.04 0.31 0.42 0.42

Prime Global Capital Group Quarterly Data
Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20
Gross Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.42 0.42 0.42 0.46

Prime Global Capital Group Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Prime Global Capital Group  (GREY:PGCG) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Prime Global Capital Group Gross Property, Plant and Equipment Related Terms

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Prime Global Capital Group (Prime Global Capital Group) Business Description

Traded in Other Exchanges
N/A
Address
E-5-2, Megan Avenue 1, Block E, No. 189, Jalan Tun Razak, Kuala Lumpur, MYS, 50400
Prime Global Capital Group Inc is engaged in the Malaysian real estate sector. In collaboration with its subsidiaries, the company functions through two main segments; Plantation Business and Real Estate Business. The Real Estate is by far its leading business segment, in terms of revenue. It includes the acquisition and development of commercial and residential real estate properties in Malaysia. The Plantation segment represents its leasing, development, and operation of oil palm plantations.
Executives
Choon Meng Soo director E-5-2, MEGAN AVENUE 1, BLOCK E JALAN TUN RAZAK KUALA LUMPUR N8 50400
Chai Jeremy Chia Pei director E-5-2, MEGAN AVENUE 1, BLOCK E JALAN TUN RAZAK KUALA LUMPUR N8 50400
Gan Maylee Suat Lee director NO. 12, 1ST FLOOR, JALAN BK 1/17 BANDAR KINRARA INDUSTRIAL PARK PUCHONG, SELANGOR N8 47180
James Scheifley director 9800 MT PYRAMID COURT # 350 ENGLEWOOD CO 80112
Ham Poh Chai director 11-2, JALAN 26/70A DESA SRI HARTAMAS KUALA LUMPUR N8 50480
Weng Kung Wong director, 10 percent owner, officer: Chief Executive Officer 11-2, JALAN 26/70A, DESA SRI HARTAMAS KUALA LUMPUR N8 50480
Peijin Wu Harrison director 11-2,JALAN 26/70A DESA SRI HARTAMAS,LUALA LUMPUS N8 50480
Embi Amiruddin Bin Che director 11-2,JALAN 26/70A DESA SRI HARTAMAS,LUALA LUMPUS N8 50480
Ee Ring Yap director PO BOX 11-2, JALAN 26/70A DESA SRI HARTAMAS KUALA LUMPUR N8 50480
Sek Fong Wong director, officer: Secretary 11-2, JALAN 26/70A, DESA SRI HARTAMAS KUALA LUMPUR N8 50480
Liong Tat Teh director, officer: Chief Financial Officer 11-2, JALAN 26/70A, DESA SRI HARTAMAS KUALA LUMPUR N8 50480

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