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Beijing Energy International Holding Co (HKSE:00686) Property, Plant and Equipment : HK$76,244 Mil (As of Jun. 2024)


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What is Beijing Energy International Holding Co Property, Plant and Equipment?

Beijing Energy International Holding Co's quarterly net PPE increased from Jun. 2023 (HK$45,370 Mil) to Dec. 2023 (HK$71,404 Mil) and increased from Dec. 2023 (HK$71,404 Mil) to Jun. 2024 (HK$76,244 Mil).

Beijing Energy International Holding Co's annual net PPE increased from Dec. 2021 (HK$32,063 Mil) to Dec. 2022 (HK$40,035 Mil) and increased from Dec. 2022 (HK$40,035 Mil) to Dec. 2023 (HK$71,404 Mil).


Beijing Energy International Holding Co Property, Plant and Equipment Historical Data

The historical data trend for Beijing Energy International Holding Co'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.

Beijing Energy International Holding Co Property, Plant and Equipment Chart

Beijing Energy International Holding Co Annual Data
Trend Dec14 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 15,876.73 16,752.54 32,062.68 40,035.34 71,404.07

Beijing Energy International Holding Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 33,189.61 40,035.34 45,370.02 71,404.07 76,244.04

Beijing Energy International Holding Co 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.


Beijing Energy International Holding Co  (HKSE:00686) 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.


Beijing Energy International Holding Co Property, Plant and Equipment Related Terms

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Beijing Energy International Holding Co Business Description

Traded in Other Exchanges
Address
Shun Tak Centre, 168-200 Connaught Road Central, Unit 1012, 10th Floor, West Tower, Hong Kong, HKG
Beijing Energy International Holding Co Ltd is principally engaged in the development, investment, operation, and management of solar power plants and other renewable energy projects. It has three reportable segments which are the solar energy business the wind power business and the hydropower business. The majority of revenue is from the solar energy business. The company operates in the PRC, Australia, and Vietnam, out of which the maximum revenue is from the PRC.
Executives
Hua Rong Hua Qiao Zi Chan Guan Li Gu Fen You Xian Gong Si
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si
China Asset Management (hong Kong) Limited 2102 Investment manager
Zhao Shang Zheng Quan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Bosera Asset Management Co., Limited 2102 Investment manager
Hsbc Holdings Plc 2301 Trustee
Zhao Shang Xin Neng Yuan Ji Tuan You Xian Gong Si
China Merchants Group Limited 2201 Interest of corporation controlled by you
Snow Hill Developments Limited 2101 Beneficial owner
Sino Arena Investments Limited
Xin Neng Yuan Jiao Yi Suo You Xian Gong Si
Zeng Xiangyi
Magicgrand Group Limited
Pairing Venture Limited
Qing Dao Cheng Shi Jian She Tou Zi Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you

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