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Alset (AEI) Gross Property, Plant and Equipment : $2.45 Mil (As of Sep. 2024)


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What is Alset Gross Property, Plant and Equipment?

Alset's quarterly gross PPE increased from Mar. 2024 ($2.20 Mil) to Jun. 2024 ($2.48 Mil) but then declined from Jun. 2024 ($2.48 Mil) to Sep. 2024 ($2.45 Mil).

Alset's annual gross PPE increased from Dec. 2021 ($0.92 Mil) to Dec. 2022 ($2.91 Mil) but then declined from Dec. 2022 ($2.91 Mil) to Dec. 2023 ($2.21 Mil).


Alset Gross Property, Plant and Equipment Historical Data

The historical data trend for Alset'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.

Alset Gross Property, Plant and Equipment Chart

Alset Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial 0.23 0.66 0.92 2.91 2.21

Alset Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.87 2.21 2.20 2.48 2.45

Alset 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.


Alset  (NAS:AEI) 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.


Alset Gross Property, Plant and Equipment Related Terms

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Alset Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Alset Inc (NAS:AEI) » Definitions » Gross Property, Plant and Equipment
Traded in Other Exchanges
Address
4800 Montgomery Lane, Suite 210, Bethesda, MD, USA, 20814
Alset Inc is a diversified holding company engaged through its subsidiaries in the development of EHome communities and other real estate, financial services, digital transformation technologies, biohealth activities, and consumer products with operations in the United States, Singapore, Hong Kong, Australia, and South Korea. The Company operates in four business segments: real estate, digital transformation technology, Biohealth, and other business activities, and it derives a majority of its revenue from the Real Estate segment.
Executives
Chan Heng Fai Ambrose director, 10 percent owner, officer: Chief Executive Officer 2601 INSLAND PLACE TOWER, 510 KINGS RD N POINT, HONG KONG K3 999999999
Hiu Pan Wong director RM F, 47/F, TOWER 6, PARK AVENUE,, 18 HOI TING ROAD, TAI KOK TUSI, KOWLOON, HONG KONG F4 999077
Lim Sheng Hon Danny director 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814
Hay Kim Ang director C/O HF ENTERPRISES INC. HAMPDEN SQUARE, 4800 MONTGOMERY LANE SUITE 210, BETHESDA MD 20814
Anthony S. Chan officer: Chief Operating Officer 228 YANJIANG AVE., JIANGAN DIST., BLDG A, WUHAN CITY F4 430010
Robert H Trapp other: Former Director C/O EVISION INTERNATIONAL INC., 1888 SHERMAN ST. #500, DENVER CO 80203
Shui Yeung Wong director 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814
Tung Moe Chan officer: Co-Chief Executive Officer 1601 BLAKE ST, SUITE 310, DENVER CO 80202
Hfe Holdings Ltd 10 percent owner C/O SINGAPORE EDEVELOPMENT LTD. UNIT B, 17 FL GREATMANY CNTR 109-111 QUEENS RD E, WAN CHAI K3 50
Wu William Wai Leung director C/O DOCUMENT SECURITY SYSTEMS, INC., 200 CANAL VIEW BLVD., SUITE 300, ROCHESTER NY 14624
Tat Keung Wong director 4800 MONTGOMERY LANE SUITE 210, BETHESDA MD 20814
Lui Wai Leung Alan officer: Co-Chief Financial Officer 10 WINSTEDT ROAD #02-02 BLOCK A, SINGAPORE U0 227977
Rongguo Wei officer: Co-Chief Financial Officer 4800 MONTGOMERY LN #210, BETHESDA MD 20814
Charles Mackenzie officer: Chief Development Officer 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814

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