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Confidence Intelligence Holdings (HKSE:01967) Property, Plant and Equipment : HK$129.1 Mil (As of Jun. 2024)


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What is Confidence Intelligence Holdings Property, Plant and Equipment?

Confidence Intelligence Holdings's quarterly net PPE declined from Jun. 2023 (HK$152.9 Mil) to Dec. 2023 (HK$141.4 Mil) and declined from Dec. 2023 (HK$141.4 Mil) to Jun. 2024 (HK$129.1 Mil).

Confidence Intelligence Holdings's annual net PPE declined from Dec. 2021 (HK$221.0 Mil) to Dec. 2022 (HK$164.4 Mil) and declined from Dec. 2022 (HK$164.4 Mil) to Dec. 2023 (HK$141.4 Mil).


Confidence Intelligence Holdings Property, Plant and Equipment Historical Data

The historical data trend for Confidence Intelligence 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.

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Confidence Intelligence Holdings Property, Plant and Equipment Chart

Confidence Intelligence Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial 134.28 184.38 220.97 164.41 141.42

Confidence Intelligence Holdings Semi-Annual Data
Dec16 Dec17 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 192.36 164.41 152.91 141.42 129.12

Confidence Intelligence 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.


Confidence Intelligence Holdings  (HKSE:01967) 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.


Confidence Intelligence Holdings Property, Plant and Equipment Related Terms

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Confidence Intelligence Holdings Business Description

Traded in Other Exchanges
N/A
Address
Fuyong Street, No. 7 Building, New Development Zone, Baoan District, Baishixia, Shenzhen, CHN
Confidence Intelligence Holdings Ltd is an electronic manufacturing services provider. It offers comprehensive assembling and production services of printed circuit board assembly in the PRC that integrate research and design, selection and procurement of raw materials, assembling of PCBAs, quality control, testing, logistics and aftersales services. The operating segments of the company comprises of Provision of EMS and Provision of Financial Application Platform and Platform Maintenance Services.
Executives
Yuan Shuntang 2201 Interest of corporation controlled by you
Central Wealth Limited 2101 Beneficial owner
Zhang Juan 2202 Interest of your spouse
Regan International Growth Fund Spc 2101 Beneficial owner
Regan Fund Management Company Limited 2102 Investment manager
Li Hao 2201 Interest of corporation controlled by you
Skyflying Company Limited 2101 Beneficial owner
Chen Juan 2202 Interest of your spouse
Realtime Limited 2101 Beneficial owner
Zhang Bizhong 2201 Interest of corporation controlled by you

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