GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Beijing Capital Grand Ltd (HKSE:01329) » Definitions » Gross Property, Plant and Equipment

Beijing Capital Grand (HKSE:01329) Gross Property, Plant and Equipment : HK$185 Mil (As of Jun. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Beijing Capital Grand Gross Property, Plant and Equipment?

Beijing Capital Grand's quarterly gross PPE increased from Jun. 2023 (HK$185 Mil) to Dec. 2023 (HK$305 Mil) but then declined from Dec. 2023 (HK$305 Mil) to Jun. 2024 (HK$185 Mil).

Beijing Capital Grand's annual gross PPE stayed the same from Dec. 2021 (HK$331 Mil) to Dec. 2022 (HK$313 Mil) but then declined from Dec. 2022 (HK$313 Mil) to Dec. 2023 (HK$305 Mil).


Beijing Capital Grand Gross Property, Plant and Equipment Historical Data

The historical data trend for Beijing Capital Grand'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.

Beijing Capital Grand Gross Property, Plant and Equipment Chart

Beijing Capital Grand Annual Data
Trend Mar14 Dec15 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 88.59 273.90 330.68 313.33 304.60

Beijing Capital Grand Semi-Annual Data
Sep14 Jun15 Dec15 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 229.94 313.33 185.22 304.60 185.17

Beijing Capital Grand 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.


Beijing Capital Grand  (HKSE:01329) 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.


Beijing Capital Grand Gross Property, Plant and Equipment Related Terms

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


Beijing Capital Grand Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 8 North 3rd Ring East Road, West Area, 7th Floor, Jing An Centre, Chaoyang District, Beijing, CHN
Beijing Capital Grand Ltd is a commercial property developer in China property market. It is engaged in the development of outlets-backed integrated property and non-outlets retail property projects in the PRC. The company segments namely Property development, Investment property development and operation, Sale of merchandise inventories, and other segments. The segment of Property development.
Executives
Kkr & Co. Inc. (formerly Known As Kkr Aubergine Inc.) 2201 Interest of corporation controlled by you
Kkr China Growth Fund L.p. 2201 Interest of corporation controlled by you
Kkr Cg Judo Outlets 2101 Beneficial owner
Kkr Cg Judo 2201 Interest of corporation controlled by you
Kkr Associates China Growth L.p. 2201 Interest of corporation controlled by you
Roberts George R. 2201 Interest of corporation controlled by you
Kravis Henry Roberts 2201 Interest of corporation controlled by you
Kkr Management Llp (formerly Known As Kkr Management Llc) 2201 Interest of corporation controlled by you
Kkr Group Partnership L.p. (formerly Known As Kkr Fund Holdings L.p.) 2201 Interest of corporation controlled by you
Kkr Group Holdings L.p. (formerly Known As Kkr Holdings L.p.) 2201 Interest of corporation controlled by you
Kkr Group Holdings Corp. 2201 Interest of corporation controlled by you
Kkr Group Co. Inc. (formerly Known As Kkr & Co. Inc.) 2201 Interest of corporation controlled by you
Kkr China Growth Limited 2201 Interest of corporation controlled by you
Bei Jing Shou Du Chuang Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Becl Investment Holding Limited 2101 Beneficial owner

Beijing Capital Grand Headlines

No Headlines