Polytronics Technology (TPE:6224) Property, Plant and Equipment: NT$1,175 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:6224 Polytronics Technology Corp TPE:6224
82 GF Score
Price NT$58.50
GF Value NT$56.59
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Polytronics Technology Property, Plant and Equipment?

Polytronics Technology TPE:6224 -7.14% 82 Property, Plant and Equipment is NT$1,175 Mil as of Dec. 2025. GuruFocus rates TPE:6224 with a GF Score™ of 82/100 and a GF Value™ of NT$56.59 (Fairly Valued). The stock has 6 warning signs investors should review.

Polytronics Technology's quarterly net PPE increased from Jun. 2025 (NT$1,184 Mil) to Sep. 2025 (NT$1,184 Mil) but then declined from Sep. 2025 (NT$1,184 Mil) to Dec. 2025 (NT$1,175 Mil).

Polytronics Technology's annual net PPE declined from Dec. 2023 (NT$1,319 Mil) to Dec. 2024 (NT$1,302 Mil) and declined from Dec. 2024 (NT$1,302 Mil) to Dec. 2025 (NT$1,175 Mil).


Polytronics Technology  (TPE:6224) 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.


Polytronics Technology Property, Plant and Equipment Related Terms


Polytronics Technology Property, Plant and Equipment Historical Data

* Premium members only.

The historical data trend for Polytronics Technology'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.

Polytronics Technology Property, Plant and Equipment Chart

Polytronics Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,376.00 1,435.79 1,318.84 1,302.19 1,175.31

Polytronics Technology Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1,302.19 1,288.64 1,183.97 1,184.43 1,175.31
TPE:6224
82GF Score
Polytronics Technology Corp TPE:6224
Property, Plant and Equipment is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polytronics Technology 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.

What does a Property, Plant and Equipment of NT$1,175 Mil mean?
Polytronics Technology (TPE:6224) has a Property, Plant and Equipment of NT$1,175 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 Polytronics Technology and its competitors.
Is Polytronics Technology's Property, Plant and Equipment too high?
Polytronics Technology's current Property, Plant and Equipment is NT$1,175 Mil. Overall, Polytronics Technology has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Polytronics Technology's Property, Plant and Equipment compare to APH and GLW?
Polytronics Technology's Property, Plant and Equipment of NT$1,175 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Property, Plant and Equipment depends on the Hardware 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 Polytronics Technology and its competitors. Polytronics Technology's current Property, Plant and Equipment is NT$1,175 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polytronics Technology stock overvalued right now?
Based on GuruFocus' analysis, Polytronics Technology (TPE:6224) is currently considered Fairly Valued. The stock's GF Value™ is NT$56.59, compared to a current price of NT$58.50 — trading 3.4% above its estimated fair value. The current Property, Plant and Equipment is NT$1,175 Mil. Polytronics Technology's overall GF Score™ is 82/100 with 6 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 Polytronics Technology (TPE:6224), the current Property, Plant and Equipment is NT$1,175 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.

Is Polytronics Technology (TPE:6224) Overvalued in 2026?

Based on GuruFocus' analysis, Polytronics Technology stock appears to be overvalued. The current stock price of NT$58.50 is trading 3.4% above its estimated GF Value™ of NT$56.59. GuruFocus considers Polytronics Technology to be Fairly Valued.

Key valuation signals for TPE:6224:

  • Property, Plant and Equipment: NT$1,175 Mil
  • GF Value™: NT$56.59 vs. price of NT$58.50 (3.4% above fair value)
  • GF Score™: 82/100 with 6 warning signs

No single metric tells the full story. See the TPE:6224 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Polytronics Technology Business Description

Address No. 24-1 Industry E. Road. IV, Hsinchu Science Park, Hsinchu, TWN, 300
Polytronics Technology Corp, along with its subsidiaries, is a company that specializes in the research, development, manufacturing, and sale of polymeric positive temperature coefficient thermistors and overvoltage protection elements, as well as production-related semi-finished goods, modules, heat conductive substrates, thermal modules, heat dispersing materials, light emitting diode lighting, and modules. Geographically, the company operates in Taiwan, China (including Hong Kong) and America, and Others, of which it derives maximum revenue from China.
82GF Score

Get the complete analysis for TPE:6224

Property, Plant and Equipment is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$58.50
Price
NT$56.59
GF Value