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China Resources Beverage (Holdings) Co's quarterly net PPE
increased
from Dec. 2024 (HK$7,088 Mil) to Jun. 2025 (HK$7,356 Mil) and
increased
from Jun. 2025 (HK$7,356 Mil) to Dec. 2025 (HK$7,574 Mil).
China Resources Beverage (Holdings) Co's annual net PPE
increased
from Dec. 2023 (HK$6,147 Mil) to Dec. 2024 (HK$7,088 Mil) and
increased
from Dec. 2024 (HK$7,088 Mil) to Dec. 2025 (HK$7,574 Mil).
China Resources Beverage (Holdings) Co (HKSE:02460) 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.
China Resources Beverage (Holdings) Co Property, Plant and Equipment Related Terms
China Resources Beverage (Holdings) Co Property, Plant and Equipment Historical Data
* 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.
China Resources Beverage (Holdings) Co Property, Plant and Equipment Chart
China Resources Beverage (Holdings) Co Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
Property, Plant and Equipment
1,997.97
2,971.69
6,147.37
7,087.54
7,574.43
China Resources Beverage (Holdings) Co Semi-Annual Data
China Resources Beverage (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:
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.
What does a Property, Plant and Equipment of HK$7,574 Mil mean?
China Resources Beverage (Holdings) Co (HKSE:02460) has a Property, Plant and Equipment of HK$7,574 Mil as of Dec. 2025. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on China Resources Beverage (Holdings) Co and its competitors.
Is China Resources Beverage (Holdings) Co's Property, Plant and Equipment too high?
China Resources Beverage (Holdings) Co's current Property, Plant and Equipment is HK$7,574 Mil. Overall, China Resources Beverage (Holdings) Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does China Resources Beverage (Holdings) Co's Property, Plant and Equipment compare to KO and PEP?
China Resources Beverage (Holdings) Co's Property, Plant and Equipment of HK$7,574 Mil can be compared against companies in the Beverages - Non-Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Property, Plant and Equipment for a Beverages - Non-Alcoholic company?
A good Property, Plant and Equipment depends on the Beverages - Non-Alcoholic industry context. However, Property, Plant and Equipment should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Property, Plant and Equipment mean?
A high Property, Plant and Equipment can signal that a stock is expensive relative to its fundamentals. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on China Resources Beverage (Holdings) Co and its competitors. China Resources Beverage (Holdings) Co's current Property, Plant and Equipment is HK$7,574 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources Beverage (Holdings) Co stock overvalued right now?
China Resources Beverage (Holdings) Co (HKSE:02460) has a current Property, Plant and Equipment of HK$7,574 Mil. The current Property, Plant and Equipment is HK$7,574 Mil. China Resources Beverage (Holdings) Co's overall GF Score™ is 21/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Property, Plant and Equipment calculated?
Property, Plant and Equipment is calculated from a company's financial statements. For China Resources Beverage (Holdings) Co (HKSE:02460), the current Property, Plant and Equipment is HK$7,574 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
China Resources Beverage is the second-largest bottled water producer in China and a subsidiary of China Resources Group, a state-owned conglomerate. The bottled water business accounts for around 90% of the company's revenue, with C'estbon being the flagship product. The company has been leveraging its distribution network developed for water products to expand the scale of its nonwater beverages products, which accounts for roughly 10% of the company's revenue.
21GF Score
Get the complete analysis for HKSE:02460
Property, Plant and Equipment is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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