GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Aztech Global Ltd (SGX:8AZ) » Definitions » Gross Property, Plant and Equipment

Aztech Global (SGX:8AZ) Gross Property, Plant and Equipment : S$42.8 Mil (As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Aztech Global Gross Property, Plant and Equipment?

Aztech Global's quarterly gross PPE declined from Dec. 2023 (S$93.7 Mil) to Mar. 2024 (S$0.0 Mil) but then increased from Mar. 2024 (S$0.0 Mil) to Jun. 2024 (S$42.8 Mil).

Aztech Global's annual gross PPE stayed the same from Dec. 2021 (S$71.4 Mil) to Dec. 2022 (S$68.7 Mil) but then increased from Dec. 2022 (S$68.7 Mil) to Dec. 2023 (S$93.7 Mil).


Aztech Global Gross Property, Plant and Equipment Historical Data

The historical data trend for Aztech Global'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.

Aztech Global Gross Property, Plant and Equipment Chart

Aztech Global Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial 63.84 63.38 71.36 68.68 93.73

Aztech Global Quarterly Data
Dec17 Dec18 Sep19 Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23 Mar24 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 68.68 44.98 93.73 - 42.84

Aztech Global 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.


Aztech Global  (SGX:8AZ) 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.


Aztech Global Gross Property, Plant and Equipment Related Terms

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


Aztech Global Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Aztech Global Ltd (SGX:8AZ) » Definitions » Gross Property, Plant and Equipment
Traded in Other Exchanges
N/A
Address
No 01-05, 31 Ubi Road 1, Singapore, SGP, 408694
Aztech Global Ltd is an investment holding company. Its key products can be broadly categorized into the three modes such as IoT Devices and Data-communication products; LED lighting products; and Other electrical products. The Group has two reportable segments which include the manufacturing segment and the distribution and trading segment. The manufacturing segment manufactures and sells electronic products for its customers including related corporations. The distribution and trading segment sells electronic products to its customers including related corporations. Geographically, the group generates the majority of its revenue from the North American region.

Aztech Global Headlines

No Headlines