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Linekong Interactive Group Co (HKSE:08267) Property, Plant and Equipment : HK$1.68 Mil (As of Jun. 2024)


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What is Linekong Interactive Group Co Property, Plant and Equipment?

Linekong Interactive Group Co's quarterly net PPE increased from Sep. 2023 (HK$0.00 Mil) to Dec. 2023 (HK$1.29 Mil) and increased from Dec. 2023 (HK$1.29 Mil) to Jun. 2024 (HK$1.68 Mil).

Linekong Interactive Group Co's annual net PPE declined from Dec. 2021 (HK$7.18 Mil) to Dec. 2022 (HK$5.94 Mil) and declined from Dec. 2022 (HK$5.94 Mil) to Dec. 2023 (HK$1.29 Mil).


Linekong Interactive Group Co Property, Plant and Equipment Historical Data

The historical data trend for Linekong Interactive Group 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.

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Linekong Interactive Group Co Property, Plant and Equipment Chart

Linekong Interactive Group Co 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 9.38 7.18 5.94 1.29 7.05

Linekong Interactive Group Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 4.72 - 1.29 1.68 7.05

Linekong Interactive Group 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.


Linekong Interactive Group Co  (HKSE:08267) 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.


Linekong Interactive Group Co Property, Plant and Equipment Related Terms

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Linekong Interactive Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Guangshun North Street, No. 32 Rongchuang Cultural Innovative Industry Base, 1 Floor, Block B, Chaoyang District, Beijing, CHN, B128
Linekong Interactive Group Co Ltd is engaged in developing and publishing online and mobile games. Its products include action games, role-playing games and turn-based games such as the blade god, the sword of heaven, spirit of king, Sword of the Sky, light of dawn, noisy heaven, warrior king, the journey to the west, beast and yitian sword and tulong sabre. It operates through two segments namely, Game Business and Film Business. Geographically, the business presences of the group are seen across China, Hong Kong and other countries and regions.
Executives
Wang Feng 2101 Beneficial owner
Zhang Hongliang 2501 Other
Ho Chi Sing 2201 Interest of corporation controlled by you
Idg-accel China Growth Fund Associates L.p. 2201 Interest of corporation controlled by you
Idg-accel China Growth Fund Gp Associates Ltd. 2201 Interest of corporation controlled by you
Zhou Quan 2201 Interest of corporation controlled by you
Idg-accel China Growth Fund L.p. 2101 Beneficial owner
Jin Jia Wei 2101 Beneficial owner
Liao Mingxiang 2101 Beneficial owner
Fubon Financial Holding Co., Ltd. 2101 Beneficial owner
Fubon Life Insurance Co., Ltd. 2101 Beneficial owner
Premier Selection Limited 2306 Nominee for another person
Tct (bvi) Limited 2501 Other
The Core Trust Company Limited 2301 Trustee

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