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AWIN (AERWINS Technologies) Property, Plant and Equipment : $0.00 Mil (As of Mar. 2024)


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What is AERWINS Technologies Property, Plant and Equipment?

AERWINS Technologies's annual net PPE declined from Dec. 2021 ($2.58 Mil) to Dec. 2022 ($0.00 Mil) but then stayed the same from Dec. 2022 ($0.00 Mil) to Dec. 2023 ($0.00 Mil).


AERWINS Technologies Property, Plant and Equipment Historical Data

The historical data trend for AERWINS Technologies's 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.

AERWINS Technologies Property, Plant and Equipment Chart

AERWINS Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
2.37 2.58 - -

AERWINS Technologies Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.86 - - - -

AERWINS Technologies Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed 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.


AERWINS Technologies  (OTCPK:AWIN) 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.


AERWINS Technologies Property, Plant and Equipment Related Terms

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AERWINS Technologies Business Description

Traded in Other Exchanges
N/A
Address
691 Mill Street, The Walnut Building, Suite 2, Los Angeles, CA, USA, 90021
AERWINS Technologies Inc is Designing and Developing Manned and Unmanned Crafts for Low Altitude Airspace. It aims to realize an Air Mobility Society in which cars, specialized crafts, and drones can fly freely. It aligns vehicles with the stringent requirements of the Federal Aviation Administration's (FAA) Powered Ultra-Light Air Vehicle Category, setting a new standard for safe low-altitude manned flight.
Executives
Shuhei Komatsu director, 10 percent owner, officer: Chairman of the Board and CEO # 4510, 4-20-2 SHIBAURA, MINATO-KU, TOKYO M0 0000
Daisuke Katano director, officer: Chief Operating Officer(1) #1701 2-17-50 AKASAKA, MINATO-KU, TOKYO M0 107-0052
Mike K Sayama director 220 SOUTH KING ST., 3RD FLOOR, HONOLULU HI 96813
Steve Iwamura director 643 ILALO STREET, HONOLULU HI 96813
Kensuke Okabe officer: Chief Financial Officer #505, 7-4-4, KITAYAMATA,, TSUZUKI-KU, YOKOHAMA M0 0000
Kazuo Miura officer: Chief Product Officer 4-5-13 EDAHIGASHI, TSUZUKI-KU, YOKOHAMA M0 224-0006
Marehiko Yamada director 7-5-20, FUKASAWA, SETAGAYA-KU, TOKYO M0 158-0081
Taiji Ito director, officer: See Remarks 3-32 KIOICHO, CHIYODA-KU, TOKYO M0 0000
Dustin M Shindo director, 10 percent owner, officer: Chief Executive Officer HOKU CORPORATION, 1288 ALA MOANA BLVD STE 220, HONOLULU HI 96814
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Trisha Nomura officer: Chief Financial Officer 643 ILALO STREET, HONOLULU HI 96813
Hank Wuh director, 10 percent owner, officer: Chief Strategy Officer 643 ILALO STREET, HONOLULU HI 96813
Kotaro Chiba director 643 ILALO STREET, HONOLULU HI 96813
Mehana Equity Llc 10 percent owner 643 ILALO STREET, HONOLULU HI 96813