GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Thai Nam Plastic PCL (BKK:TNPC) » Definitions » Property, Plant and Equipment

Thai Nam Plastic PCL (BKK:TNPC) Property, Plant and Equipment : ฿441 Mil (As of Dec. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Thai Nam Plastic PCL Property, Plant and Equipment?

Thai Nam Plastic PCL's quarterly net PPE declined from Jun. 2024 (฿462 Mil) to Sep. 2024 (฿458 Mil) and declined from Sep. 2024 (฿458 Mil) to Dec. 2024 (฿441 Mil).

Thai Nam Plastic PCL's annual net PPE declined from Dec. 2022 (฿320 Mil) to Dec. 2023 (฿280 Mil) but then increased from Dec. 2023 (฿280 Mil) to Dec. 2024 (฿441 Mil).


Thai Nam Plastic PCL Property, Plant and Equipment Historical Data

The historical data trend for Thai Nam Plastic PCL'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.

Thai Nam Plastic PCL Property, Plant and Equipment Chart

Thai Nam Plastic PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 375.10 344.23 320.37 279.66 441.47

Thai Nam Plastic PCL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 279.66 462.81 462.42 458.35 441.47

Thai Nam Plastic PCL 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.


Thai Nam Plastic PCL  (BKK:TNPC) 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.


Thai Nam Plastic PCL Property, Plant and Equipment Related Terms

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


Thai Nam Plastic PCL Business Description

Traded in Other Exchanges
Address
Petchakasem Road, KM.23, 40 Moo 7, Omnoi, Amphur Kratumban, Samutsakorn, THA, 74130
Thai Nam Plastic PCL engages in the production and distribution of flexible plastic, synthetic leather, and car mats. The company produces both Polyvinyl chloride (PVC) and non-PVC plastic products, such as Solid sheets and Synthetic leather used for making automotive interior parts, Sports shoes, Furniture, and Stationery. It operates through the Manufacturing of Plastic Parts of the Automobile Industry Group and Other segments. The Manufacturing of Plastic Parts of the Automobile Industry Group segment, which accounts for the majority of revenue, manufactures artificial leather and automobile rubber flooring. The Other segment produces various types of plastics both soft and rigid, rolls and plates. The group has a business presence in Thailand and other countries.

Thai Nam Plastic PCL Headlines

No Headlines