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Superactive Group Co (HKSE:00176) Gross Property, Plant and Equipment : HK$234.45 Mil (As of Jun. 2024)


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What is Superactive Group Co Gross Property, Plant and Equipment?

Superactive Group Co's quarterly gross PPE increased from Jun. 2023 (HK$266.00 Mil) to Dec. 2023 (HK$386.41 Mil) but then declined from Dec. 2023 (HK$386.41 Mil) to Jun. 2024 (HK$234.45 Mil).

Superactive Group Co's annual gross PPE increased from Dec. 2021 (HK$386.19 Mil) to Dec. 2022 (HK$386.28 Mil) and increased from Dec. 2022 (HK$386.28 Mil) to Dec. 2023 (HK$386.41 Mil).


Superactive Group Co Gross Property, Plant and Equipment Historical Data

The historical data trend for Superactive Group Co'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.

Superactive Group Co Gross Property, Plant and Equipment Chart

Superactive Group Co Annual Data
Trend Sep13 Sep14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 374.75 380.88 386.19 386.28 386.41

Superactive Group Co Semi-Annual Data
Mar14 Sep14 Mar15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 289.86 386.28 266.00 386.41 234.45

Superactive Group Co 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.


Superactive Group Co  (HKSE:00176) 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.


Superactive Group Co Gross Property, Plant and Equipment Related Terms

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Superactive Group Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
168-200 Connaught Road Central, Room 1510, 15th Floor, West Tower, Shun Tak Centre, Sheung Wan, Hong Kong, HKG
Superactive Group Co Ltd is involved in the design and distribution of consumer electronic products, provision of nursery education service/properties management, and money lending. The operating segments of the group are the Manufacture of Electronics products; Provision of Nursery Education services; Money Lending business; Property Development and Management business; and Regulated Financial Services business. It derives the majority of its revenue from the manufacturing and sale of electronics products segment. Geographically the company exports its products to Mainland China, the United States of America, the United Kingdom, The People's Republic of China, Hong Kong, Europe, and Others.
Executives
Lee Kelly 2201 Interest of corporation controlled by you
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Super Fame Holdings Limited 2101 Beneficial owner
Lee Chi Shing Caesar 2201 Interest of corporation controlled by you
Yeung So Lai 2201 Interest of corporation controlled by you

Superactive Group Co Headlines

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