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PT Arkora Hydro Tbk (ISX:ARKO) Property, Plant and Equipment : Rp220,106 Mil (As of Mar. 2024)


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What is PT Arkora Hydro Tbk Property, Plant and Equipment?

PT Arkora Hydro Tbk's quarterly net PPE increased from Sep. 2023 (Rp149,520 Mil) to Dec. 2023 (Rp222,819 Mil) but then declined from Dec. 2023 (Rp222,819 Mil) to Mar. 2024 (Rp220,106 Mil).

PT Arkora Hydro Tbk's annual net PPE declined from Dec. 2021 (Rp149,537 Mil) to Dec. 2022 (Rp147,086 Mil) but then increased from Dec. 2022 (Rp147,086 Mil) to Dec. 2023 (Rp222,819 Mil).


PT Arkora Hydro Tbk Property, Plant and Equipment Historical Data

The historical data trend for PT Arkora Hydro Tbk'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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PT Arkora Hydro Tbk Property, Plant and Equipment Chart

PT Arkora Hydro Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial 159,829.43 154,088.31 149,537.25 147,086.27 222,818.85

PT Arkora Hydro Tbk Quarterly Data
Dec18 Dec19 Dec20 Nov21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 149,985.27 149,117.24 149,519.55 222,818.85 220,105.76

PT Arkora Hydro Tbk 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.


PT Arkora Hydro Tbk  (ISX:ARKO) 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.


PT Arkora Hydro Tbk Property, Plant and Equipment Related Terms

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PT Arkora Hydro Tbk (ISX:ARKO) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Jend. Sudirman Kav. 52-53, Lot 28 SCBD, 21st Floor Unit C & D, Office 8 Building, Jakarta, IDN, 12190
PT Arkora Hydro Tbk is dedicated to the development and operation of hydropower plants in Indonesia. It owns and develops hydropower plant facilities that operate in a run-of-river fashion throughout Indonesia. The run-of-river hydropower plant is the type of power plant whereby little or no water storage is needed. Several projects of the company are: Cikopo MHPP; Tomasa MHPP; Yaentu MHPP and Kukusan 2 MHPP. The Company consists of three reportable segments: the 7.4 MW mini hydro powerplant in Cikopo (West Java), the 10 MW mini hydro power plant in Tomasa (Sulawesi Tengah), and the 10 MW mini hydro power plant in Yaentu (Central Sulawesi).