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Sichuan Chuanhuan Technology Co (SZSE:300547) Property, Plant and Equipment : ¥367 Mil (As of Jun. 2024)


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What is Sichuan Chuanhuan Technology Co Property, Plant and Equipment?

Sichuan Chuanhuan Technology Co's quarterly net PPE increased from Dec. 2023 (¥344 Mil) to Mar. 2024 (¥345 Mil) and increased from Mar. 2024 (¥345 Mil) to Jun. 2024 (¥367 Mil).

Sichuan Chuanhuan Technology Co's annual net PPE increased from Dec. 2021 (¥266 Mil) to Dec. 2022 (¥330 Mil) and increased from Dec. 2022 (¥330 Mil) to Dec. 2023 (¥344 Mil).


Sichuan Chuanhuan Technology Co Property, Plant and Equipment Historical Data

The historical data trend for Sichuan Chuanhuan Technology 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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Sichuan Chuanhuan Technology Co Property, Plant and Equipment Chart

Sichuan Chuanhuan Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 249.59 229.70 265.74 329.62 344.00

Sichuan Chuanhuan Technology Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 342.24 342.43 344.00 344.72 366.62

Sichuan Chuanhuan Technology 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.


Sichuan Chuanhuan Technology Co  (SZSE:300547) 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.


Sichuan Chuanhuan Technology Co Property, Plant and Equipment Related Terms

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Sichuan Chuanhuan Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Dongliu Industrial Park, Dazhou County, Sichuan Province, Dazhou, CHN
Sichuan Chuanhuan Technology Co Ltd engages in the development, manufacture, and sale of automotive rubber hose products. It specializes in fuel system and cooling system hoses. The company's products include oil tubing, brake pipe tubing, power steering tube, turbocharger piping, body attachment system, automotive air conditioner tube, and nylon tube series. It offers rubber molded products, silicon fluorine rubber hose, and injection molded plastic parts.
Executives
Wen Qi Chao Director
Wang Ji Sheng Director
Zhu Jun Shi Executives
Wang Quan Hui Supervisors
Wen Jian Shu Director
Wen Yong Executives
Tang Xing Jian Executives
Mao Bo Hai Directors, executives
Zou Yong Executives
Zhang Fu Hou Secretary, Director
Jiang Qing Chun Directors, executives
Wen Mo Tong Director

Sichuan Chuanhuan Technology Co Headlines

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