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Radium Development Bhd (XKLS:5313) Gross Property, Plant and Equipment : RM51.1 Mil (As of Dec. 2024)


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What is Radium Development Bhd Gross Property, Plant and Equipment?

Radium Development Bhd's quarterly gross PPE increased from Jun. 2024 (RM43.2 Mil) to Sep. 2024 (RM45.2 Mil) and increased from Sep. 2024 (RM45.2 Mil) to Dec. 2024 (RM51.1 Mil).

Radium Development Bhd's annual gross PPE increased from Dec. 2022 (RM7.7 Mil) to Dec. 2023 (RM46.9 Mil) and increased from Dec. 2023 (RM46.9 Mil) to Dec. 2024 (RM51.1 Mil).


Radium Development Bhd Gross Property, Plant and Equipment Historical Data

The historical data trend for Radium Development Bhd'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.

Radium Development Bhd Gross Property, Plant and Equipment Chart

Radium Development Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Property, Plant and Equipment
Get a 7-Day Free Trial 3.37 6.34 7.70 46.93 51.08

Radium Development Bhd Quarterly Data
Dec19 Dec20 Dec21 Oct22 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 46.93 42.95 43.20 45.17 51.08

Radium Development Bhd 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.


Radium Development Bhd  (XKLS:5313) 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.


Radium Development Bhd Gross Property, Plant and Equipment Related Terms

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Radium Development Bhd Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jalan Melati Utama 2, No. 7-2, PV7, Taman Melati Utama, Setapak, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 53100
Radium Development Bhd is a property developer principally involved in the development of high-rise residential properties, focusing on the development of competitively-priced high-rise residential properties in strategic locations in urban Kuala Lumpur. Its high-rise residential property development comprises condominiums, serviced apartments, suite apartments and SOHO units. The company also committed to the development of affordable housing such as Residensi Wilayah and PPAM to support the Government's effort in providing affordable housing to all Malaysian citizens. The company operates in three reportable segments Sales of development properties, Construction contracts, and Sale of goods. The majority of revenue is derived from the Sales of development properties segment.

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