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Enterprise Development Holdings (HKSE:01808) Property, Plant and Equipment : HK$6.3 Mil (As of Jun. 2024)


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What is Enterprise Development Holdings Property, Plant and Equipment?

Enterprise Development Holdings's quarterly net PPE increased from Jun. 2023 (HK$4.9 Mil) to Dec. 2023 (HK$6.1 Mil) and increased from Dec. 2023 (HK$6.1 Mil) to Jun. 2024 (HK$6.3 Mil).

Enterprise Development Holdings's annual net PPE increased from Dec. 2021 (HK$1.8 Mil) to Dec. 2022 (HK$3.0 Mil) and increased from Dec. 2022 (HK$3.0 Mil) to Dec. 2023 (HK$6.1 Mil).


Enterprise Development Holdings Property, Plant and Equipment Historical Data

The historical data trend for Enterprise Development Holdings'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.

Enterprise Development Holdings Property, Plant and Equipment Chart

Enterprise Development Holdings 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 4.34 1.85 2.99 6.09 4.63

Enterprise Development Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 2.99 4.95 6.09 6.27 4.63

Enterprise Development Holdings 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.


Enterprise Development Holdings  (HKSE:01808) 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.


Enterprise Development Holdings Property, Plant and Equipment Related Terms

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Enterprise Development Holdings Business Description

Traded in Other Exchanges
N/A
Address
18 Fenwick Street/46 Gloucester Road, Room 1105, 15th Floor, Jubilee Centre, Wan Chai, Hong Kong, HKG
Enterprise Development Holdings Ltd is an investment holding company engaged in the Software business which includes the Provision of integrated business software solutions in the People's Republic of China. Its product offering includes Software maintenance and other services, and the Sale of software licenses and other products. The company has one major reportable segment which is Software Business which includes the sale of software licenses and other products and the provision of integrated business software solutions in the PRC. Geographically, the company derives a majority of its revenue from China.
Executives
Hong Tai International Ii Lpf 2101 Beneficial owner
Cheng Wing 2101 Beneficial owner
Teoh Ronnie Chee Keong 2101 Beneficial owner
China Taiping Insurance Holdings Company Limited 2201 Interest of corporation controlled by you
Wu Xiaodong 2201 Interest of corporation controlled by you
Han Lili 2201 Interest of corporation controlled by you
Zhongwei Group (hong Kong) Co., Limited 2101 Beneficial owner
De Gennes Limited 2101 Beneficial owner
King Pak Fu
Rentian Technology Holdings Limited 2201 Interest of corporation controlled by you
Taiping Financial Holdings Company Limited 2101 Beneficial owner
China Insurance Group Finance Company Limited 2106 Person having a security interest in shares

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