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Silkroad Vision Technology Co (SZSE:300556) Property, Plant and Equipment : ¥71.3 Mil (As of Sep. 2024)


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What is Silkroad Vision Technology Co Property, Plant and Equipment?

Silkroad Vision Technology Co's quarterly net PPE increased from Mar. 2024 (¥55.3 Mil) to Jun. 2024 (¥78.4 Mil) but then declined from Jun. 2024 (¥78.4 Mil) to Sep. 2024 (¥71.3 Mil).

Silkroad Vision Technology Co's annual net PPE declined from Dec. 2021 (¥113.4 Mil) to Dec. 2022 (¥94.7 Mil) and declined from Dec. 2022 (¥94.7 Mil) to Dec. 2023 (¥63.5 Mil).


Silkroad Vision Technology Co Property, Plant and Equipment Historical Data

The historical data trend for Silkroad Vision 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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Silkroad Vision Technology Co Property, Plant and Equipment Chart

Silkroad Vision 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 31.60 103.79 113.35 94.73 63.54

Silkroad Vision Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 68.52 63.54 55.30 78.42 71.29

Silkroad Vision 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.


Silkroad Vision Technology Co  (SZSE:300556) 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.


Silkroad Vision Technology Co Property, Plant and Equipment Related Terms

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Silkroad Vision Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1021 Buji Road, Dongxiao Street, Room 301(306-308), Tianle Building, Lanhua Community, Luohu District, Guangdong, Shenzhen, CHN, 518045
Silkroad Vision Technology Co Ltd is engaged in the digital visual integrated service business. The company provides digital visualization, video animation, computer graphics (CG) game, exhibition, digital stage art, and CG training services. It serves the government departments, real estate enterprises, design institutes and other enterprises.
Executives
Li Meng Di Directors, executives
Yue Feng Executives
Wang Jun Ping Director
Wang Yu Secretary Dong
Wang Xiu Qin Directors, executives
Tian Wan Jun Executives
Hu Jing Hua Director
Li Peng Hui Directors, executives
Ding Peng Qing Executives
Kang Yu Lu Executives
Xiang Lan Di Supervisors
Wang Dan Executives
He Tao Executives
Pei Ge Xin Directors, executives
Dong Hai Ping Director

Silkroad Vision Technology Co Headlines

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