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CIIT (Tianci International) Gross Property, Plant and Equipment : $0.00 Mil (As of Jan. 2025)


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What is Tianci International Gross Property, Plant and Equipment?

Tianci International's annual gross PPE increased from Jul. 2022 ($0.00 Mil) to Jul. 2023 ($0.01 Mil) but then declined from Jul. 2023 ($0.01 Mil) to Jul. 2024 ($0.00 Mil).


Tianci International Gross Property, Plant and Equipment Historical Data

The historical data trend for Tianci International'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.

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Tianci International Gross Property, Plant and Equipment Chart

Tianci International Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Gross Property, Plant and Equipment
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Tianci International Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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Tianci International 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.


Tianci International  (OTCPK:CIIT) 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.


Tianci International Gross Property, Plant and Equipment Related Terms

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Tianci International Business Description

Industry
Traded in Other Exchanges
N/A
Address
401 Ryland Street, Suite 200-A, Reno, NV, USA, 89502
Tianci International Inc along with its subsidiaries is engaged in sale of components of electronic devices, development of software and websites, technical consulting, and providing maintenance support on customized software. The company's business is predominantly carried out in Hong Kong with a substantial portion of its overall revenue being generated from its Electronic Device Hardware Components Sales segment.
Executives
Su Mei Chuah director, 10 percent owner, officer: CEO and President NO. 45-2, JALAN USJ 21/10, SUBANG JALA, SELANGOR DARUL EHSAN N8 47640
Weiyu Zhu director ROOM 1101, BLOCK 9A, TAOJINSHAN GARDEN, NO. 268 CUIYIN ROAD, LUOHU, SHENZHEN F4 518000
Yee Man Yung director C/O TIANCI INTERNATIONAL, INC., NO. 45-2, JALAN USJ 21/10, SUBANG JAYA, SELANGOR DARUL EHSAN N8 47640
Fan Liu director C/O TIANCI INTERNATIONAL, INC., NO. 45-2, JALAN USJ 21/10, SUBANG JAYA, SELANGOR DARUL EHSAN N8 47640
Shufang Gao director C/O TIANCI INTERNATIONAL. INC., NO. 45-2, JALAN USJ 21/10, SUBANG JAYA, SELANGOR DARUL EHSAN N8 47640
Wei Fang director C/O TIANCI INTERNATIONAL, INC., NO. 45-2, JALAN USJ 21/10, SUBANG JAYA, SELANGOR DARUL EHSAN N8 47640
Zhigang Pei director, 10 percent owner, officer: CEO and CFO C/O TIANCI INTERNATIONAL, INC., NO. A1111, HUAFENG FINANCIAL PORT, 1003,, SHENZHEN, GUANGDONG PROVINCE F4 47640
Jerry Ooi director NO. 45-2, JALAN USJ 21/10, SUBANG JALA, SELANGOR DARUL EHSAN N8 47640
Su Chen Chuah director, 10 percent owner, officer: Chief Financial Officer NO. 45-2, JALAN USJ 21/10, SUBANG JALA, SELANGOR DARUL EHSAN N8 47640
Yuen Kai Yeow director, officer: Chief Technology Officer NO. 45-2, JALAN USJ 21/10, SUBANG JALA, SELANGOR DARUL EHSAN N8 47640
Cuilian Cai director, officer: Director CEO & CFO #503, BUILDING 10, TAIHU NEW CITY, SUZHOU F4 214071
Shifang Wan 10 percent owner UNIT 5, NO.2 WEST STREET SHIPU TOWN, LIU'AN, ANHUI F4 237000
Jan Paul Vorstermans 10 percent owner LONDENSTRAAT 60 BUS 161, ANTWERP C9 B-2000
Brendon Peter Grunewald 10 percent owner AVE DES CATTLEYAS 47, BRUSSELS C9 B-1150
Ventus Investment Holding Ltd 10 percent owner 43A/1, ST. PAUL'S BUILDING, WEST STREET, VALLETTA?VLT1532 O1 00000

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