GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Prosper One International Holdings Co Ltd (HKSE:01470) » Definitions » Property, Plant and Equipment

Prosper One International Holdings Co (HKSE:01470) Property, Plant and Equipment : HK$1.82 Mil (As of Oct. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Prosper One International Holdings Co Property, Plant and Equipment?

Prosper One International Holdings Co's quarterly net PPE declined from Oct. 2023 (HK$2.60 Mil) to Apr. 2024 (HK$1.53 Mil) but then increased from Apr. 2024 (HK$1.53 Mil) to Oct. 2024 (HK$1.82 Mil).

Prosper One International Holdings Co's annual net PPE declined from Apr. 2022 (HK$0.13 Mil) to Apr. 2023 (HK$0.10 Mil) but then increased from Apr. 2023 (HK$0.10 Mil) to Apr. 2024 (HK$1.53 Mil).


Prosper One International Holdings Co Property, Plant and Equipment Historical Data

The historical data trend for Prosper One International Holdings 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.

Prosper One International Holdings Co Property, Plant and Equipment Chart

Prosper One International Holdings Co Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.12 8.53 0.13 0.10 1.53

Prosper One International Holdings Co Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 0.11 0.10 2.60 1.53 1.82

Prosper One International Holdings 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.


Prosper One International Holdings Co  (HKSE:01470) 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.


Prosper One International Holdings Co Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of Prosper One International Holdings Co's Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


Prosper One International Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
No. 183 Queen’s Road East, Room 4801, 48th Floor, Wanchai, Hong Kong, HKG
Prosper One International Holdings Co Ltd is an investment holding company acting as an agent in the sales and trading of fertilisers and other related products. The company operates through three segments: Wholesale business of watches; Trading of fertilisers and other related products; and Manufacture and sales of compound fertilisers. The company generates the majority of its revenue from the manufacture and sales of compound fertilisers in Mainland China. Geographically the company generates revenue from Mailand China and Hong Kong.
Executives
Changjiang Absolute Return China Fund 2102 Investment manager
Meng Guangyin 2201 Interest of corporation controlled by you
Prosper One Enterprises Limited 2101 Beneficial owner

Prosper One International Holdings Co Headlines

No Headlines