GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » GD Culture Group Ltd (NAS:GDC) » Definitions » Property, Plant and Equipment

GD Culture Group (GD Culture Group) Property, Plant and Equipment : $1.57 Mil (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is GD Culture Group Property, Plant and Equipment?

GD Culture Group's quarterly net PPE increased from Jun. 2023 ($0.01 Mil) to Sep. 2023 ($1.69 Mil) but then declined from Sep. 2023 ($1.69 Mil) to Dec. 2023 ($1.57 Mil).

GD Culture Group's annual net PPE declined from Dec. 2021 ($28.01 Mil) to Dec. 2022 ($0.00 Mil) but then increased from Dec. 2022 ($0.00 Mil) to Dec. 2023 ($1.57 Mil).


GD Culture Group Property, Plant and Equipment Historical Data

The historical data trend for GD Culture Group's 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.

GD Culture Group Property, Plant and Equipment Chart

GD Culture Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only 0.11 0.15 28.01 - 1.57

GD Culture Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - 0.01 1.69 1.57

GD Culture Group Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed 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.


GD Culture Group  (NAS:GDC) 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.


GD Culture Group Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of GD Culture Group's Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


GD Culture Group (GD Culture Group) Business Description

Traded in Other Exchanges
N/A
Address
No.165-171 Wan Chai Road, Flat 1512, 15th Floor, Lucky Centre,, Wan Chai, HKG, 610047
GD Culture Group Ltd is a holding company with no material operations of its own. It conducts business through Shanghai Highlight Media Co. Ltd. Highlight Media, is an integrated marketing service agency, focusing on serving businesses in China in connection with brand management, image building, public relations, social media management and event planning.
Executives
Hongxiang Yu director, 10 percent owner, officer: Vice President BEIHUANZHONG ROAD JUNAN COUNTY, SHANDONG F4 276600
Shuang Zhang director, officer: vice president NO 119 SOUTH ZHAOJUESI ROAD, 2ND FLOOR, ROOM 1, CHENGHUA DISTRICT, CHENGDU SICHUAN F4 610047
Yajing Li director NO 2020 ZHONGSHANXI ROAD, ROOM 502A40, SHANGHAI F4 200030
Wei Xu director, 10 percent owner 18 QINGNIAN WEST ROAD, HONGQIAO BUILDING WEST, 4TH FLOOR, NANTONG, JINAGSU, F4 226001
Yimin Jin director, 10 percent owner, officer: Chief Executive Officer BEIHUANZHONG JUNAN COURT, SHANDONG F4 276600
Qihai Wang director NO 2020 ZHONGSHANXI ROAD, ROOM 502A40, SHANGHAI F4 200030
Xiaoyan Shen officer: CFO and Secretary A-101 98 HUANGHAI ROAD TEDA, TIANJIN F4 300457
Arthur B Drogue director C/O SPAR GROUP, INC., 333 WESTCHESTER AVE, SOUTH BLDG, STE 204, WHITE PLAINS NY 10604
Kurt Jetta director 1615 SOUTH CONGRESS AVENUE, SUITE 103, DELRAY BEACH FL 33445
Chuanliu Ni director, officer: Co-Chair & CEO A-101 98 HUANGHAI ROAD TEDA, TIANJIN F4 300457
Chenchen Zhang director NO. 319 XIANXIA RD, FAREAS INTERNATIONAL PLAZA BLD A, RM 409, SHANGHAI F4 0000
Jiazhen Li director, 10 percent owner, officer: Co-Chair A101 HANGZHENG STREET CITY INDUSTRY PARK, NO. 21 JIEFANG AVENUE, QIAOKOU DISTRICT, WUHAN, HUBEI F4 430030
Yaqing Hu director NO. 319 XIANXIA RD, FAREAST, INTERNATIONAL PLAZA -BLD A, RM 409, SHANGHAI F4 0000
Hui Zhu director NO. 319 XIANXIA RD FAREAST, INTERNATIONAL PLAZA BLD A, RM 409, SHANGHAI F4 0000
Xiaonian Zhang director, officer: President and Director NO. 319 XIANXIA RD FAREAST, INTERNATIONAL PLAZA - BLD A, RM 409, SHANGHAI F4 00000

GD Culture Group (GD Culture Group) Headlines