GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Thitikorn PCL (BKK:TK) » Definitions » Gross Property, Plant and Equipment

Thitikorn PCL (BKK:TK) Gross Property, Plant and Equipment : ฿1,136.8 Mil (As of Dec. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Thitikorn PCL Gross Property, Plant and Equipment?

Thitikorn PCL's quarterly gross PPE declined from Jun. 2024 (฿451.7 Mil) to Sep. 2024 (฿450.7 Mil) but then increased from Sep. 2024 (฿450.7 Mil) to Dec. 2024 (฿1,136.8 Mil).

Thitikorn PCL's annual gross PPE increased from Dec. 2022 (฿949.3 Mil) to Dec. 2023 (฿990.9 Mil) and increased from Dec. 2023 (฿990.9 Mil) to Dec. 2024 (฿1,136.8 Mil).


Thitikorn PCL Gross Property, Plant and Equipment Historical Data

The historical data trend for Thitikorn PCL'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.

Thitikorn PCL Gross Property, Plant and Equipment Chart

Thitikorn PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 858.81 883.08 949.32 990.87 1,136.85

Thitikorn PCL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 990.87 382.13 451.74 450.68 1,136.85

Thitikorn PCL 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.


Thitikorn PCL  (BKK:TK) 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.


Thitikorn PCL Gross Property, Plant and Equipment Related Terms

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


Thitikorn PCL Business Description

Industry
Traded in Other Exchanges
Address
69 Ramkhamhaeng Road, Huamark, Bangkapi, Bangkok, THA, 10240
Thitikorn PCL and its subsidiaries are engaged in the vehicle hire-purchase business and related other services, and letting of motorcycle under operating lease. The company has a single-core operating segment which is hire-purchase on automobiles and motorcycles for general retail customers whereby the business activities with respect to loans, personal loans, and nano finance/microfinance to the general retail customers are insignificant portion as compared to the entire volumes and business activities. The company generates the majority of its revenue from the Domestic market.

Thitikorn PCL Headlines

From GuruFocus

Q4 2021 Teekay Corp Earnings Call Transcript

By GuruFocus Research 02-11-2024

Q4 2023 Teekay Corp Earnings Call Transcript

By GuruFocus Research 02-28-2024

Q4 2020 Teekay Corp Earnings Call Transcript

By GuruFocus Research 02-11-2024

Q3 2020 Teekay Corp Earnings Call Transcript

By GuruFocus Research 02-11-2024

Teekay Group Investor Day Transcript

By GuruFocus Research 02-11-2024

Teekay Group Business Update Conference Call Transcript

By GuruFocus Research 02-11-2024

Q2 2019 Teekay Corp Earnings Call Transcript

By GuruFocus Research 02-11-2024