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GRNQ (Greenpro Capital) Property, Plant and Equipment : $2.39 Mil (As of Sep. 2024)


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What is Greenpro Capital Property, Plant and Equipment?

Greenpro Capital's quarterly net PPE declined from Mar. 2024 ($2.44 Mil) to Jun. 2024 ($2.37 Mil) but then increased from Jun. 2024 ($2.37 Mil) to Sep. 2024 ($2.39 Mil).

Greenpro Capital's annual net PPE declined from Dec. 2021 ($2.96 Mil) to Dec. 2022 ($2.53 Mil) but then increased from Dec. 2022 ($2.53 Mil) to Dec. 2023 ($2.55 Mil).


Greenpro Capital Property, Plant and Equipment Historical Data

The historical data trend for Greenpro Capital'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.

Greenpro Capital Property, Plant and Equipment Chart

Greenpro Capital Annual Data
Trend Oct14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.34 2.97 2.96 2.53 2.55

Greenpro Capital Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.45 2.55 2.44 2.37 2.39

Greenpro Capital 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.


Greenpro Capital  (NAS:GRNQ) 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.


Greenpro Capital Property, Plant and Equipment Related Terms

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Greenpro Capital Business Description

Traded in Other Exchanges
N/A
Address
200 Jalan Ampang, B-23A-02, G-Vestor Tower, Pavilion Embassy, Kuala Lumpur, MYS, 50450
Greenpro Capital Corp operates and provides business solution services to small and medium-sized businesses located in Southeast Asia and East Asia, with a focus on Hong Kong, China and Malaysia, and in Thailand and Taiwan. Its range of services includes cross-border business solutions, record management services, and accounting outsourcing services. Cross-border business services include other services, tax planning, trust and wealth management, cross-border listing advisory services, and transaction services. It also operates a venture capital business. Its segments include Service business engaged in the provision of corporate advisory and business solution services; and Real estate business engaged in trading or leasing of commercial real estate properties in Hong Kong and Malaysia.
Executives
Loke Gilbert director, 10 percent owner, officer: Chief Financial Officer SUITE 2201, 22/F MALAYSIA BUILDING,, 50 GLOUCESTER ROAD, WANCHAI K3 00000
Lee C.k. director, 10 percent owner, officer: Chief Executive Officer SUITE 2201, 22/F MALAYSIA BUILDING,, 50 GLOUCESTER ROAD, WANCHAI K3 00000
Chuchottaworn Srirat director SUITE 2201, 22/F, MALAYSIA BUILDING, 50 GLOUCESTER ROAD WAN CHAI K3 00000
Bringuier Christophe Philippe Roland director FLAT 9, BLOCK D, CHING LAI COURT, 264 LAI KING HILL RD, LAI CHI KOK, KOWLOON K3 00000
Brent Lewis Glendening director ROOM 1701-1703, 17/FTHE METROPILIS TOWER, 10 METROPOLIS TOWER, HUNG HOM K3 00000
Ramesh Ruben Louis director RM 1701-03,17F,THE METROPOLIS TOWER, 10 METROPOLIS DRIVE, HUNG HOM K3 00000
Kok Choong How director SUITE 2201, 22/F MALAYSIA BUILDING,, 50, GLOUCESTER ROAD, WANCHAI K3 00000
Chee Keong Hee director SUITE 2201, 22/F, MALAYSIA BUILDING 50, GLOUCESTER ROAD,, WANCHAI K3 000000
Kiew Kwong Chin director SUITE 2201, 22/F MALAYSIA BUILDING, 50 GLOUCESTER ROAD, WANCHAI K3 00000
Albert Shum director SUITE 2201, 22/F MALAYSIA BUILDING, 50 GLOUCESTER ROAD, WANCHAI K3 000000
Thanawat Lertwattanark director SUITE 2201, 22/F, MALAYSIA BUILDING, 50 GLOUCESTER ROAD WAN CHAI K3 00000