Ocean Vantage Holdings Bhd (XKLS:0220) Property, Plant and Equipment: RM12.3 Mil (As of Mar. 2026)


XKLS:0220 Ocean Vantage Holdings Bhd XKLS:0220
53 GF Score
Price RM0.25
GF Value RM0.13
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Ocean Vantage Holdings Bhd Property, Plant and Equipment?

Ocean Vantage Holdings Bhd XKLS:0220 +4.17% 53 Property, Plant and Equipment is RM12.3 Mil as of Mar. 2026. GuruFocus rates XKLS:0220 with a GF Score™ of 53/100 and a GF Value™ of RM0.13 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Ocean Vantage Holdings Bhd's quarterly net PPE increased from Sep. 2025 (RM11.3 Mil) to Dec. 2025 (RM11.9 Mil) and increased from Dec. 2025 (RM11.9 Mil) to Mar. 2026 (RM12.3 Mil).

Ocean Vantage Holdings Bhd's annual net PPE increased from Dec. 2023 (RM11.9 Mil) to Dec. 2024 (RM12.1 Mil) but then declined from Dec. 2024 (RM12.1 Mil) to Dec. 2025 (RM11.9 Mil).


Ocean Vantage Holdings Bhd  (XKLS:0220) 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.


Ocean Vantage Holdings Bhd Property, Plant and Equipment Related Terms


Ocean Vantage Holdings Bhd Property, Plant and Equipment Historical Data

* Premium members only.

The historical data trend for Ocean Vantage Holdings Bhd'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.

Ocean Vantage Holdings Bhd Property, Plant and Equipment Chart

Ocean Vantage Holdings Bhd 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 7.91 12.01 11.89 12.12 11.94

Ocean Vantage Holdings Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 12.29 12.13 11.29 11.94 12.28
XKLS:0220
53GF Score
Ocean Vantage Holdings Bhd XKLS:0220
Property, Plant and Equipment is just one metric. See GF Score™, valuation, warning signs, and more.
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Ocean Vantage Holdings Bhd 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 RM12.3 Mil mean?
Ocean Vantage Holdings Bhd (XKLS:0220) has a Property, Plant and Equipment of RM12.3 Mil as of Mar. 2026. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Ocean Vantage Holdings Bhd and its competitors.
Is Ocean Vantage Holdings Bhd's Property, Plant and Equipment too high?
Ocean Vantage Holdings Bhd's current Property, Plant and Equipment is RM12.3 Mil. Overall, Ocean Vantage Holdings Bhd has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ocean Vantage Holdings Bhd's Property, Plant and Equipment compare to SLB and BKR?
Ocean Vantage Holdings Bhd's Property, Plant and Equipment of RM12.3 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Property, Plant and Equipment depends on the Oil & Gas 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 Ocean Vantage Holdings Bhd and its competitors. Ocean Vantage Holdings Bhd's current Property, Plant and Equipment is RM12.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Vantage Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ocean Vantage Holdings Bhd (XKLS:0220) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.13, compared to a current price of RM0.25 — trading 92.3% above its estimated fair value. The current Property, Plant and Equipment is RM12.3 Mil. Ocean Vantage Holdings Bhd's overall GF Score™ is 53/100 with 7 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 Ocean Vantage Holdings Bhd (XKLS:0220), the current Property, Plant and Equipment is RM12.3 Mil as of Mar. 2026. 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 Ocean Vantage Holdings Bhd (XKLS:0220) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean Vantage Holdings Bhd stock appears to be overvalued. The current stock price of RM0.25 is trading 92.3% above its estimated GF Value™ of RM0.13. GuruFocus considers Ocean Vantage Holdings Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:0220:

  • Property, Plant and Equipment: RM12.3 Mil
  • GF Value™: RM0.13 vs. price of RM0.25 (92.3% above fair value)
  • GF Score™: 53/100 with 7 warning signs

No single metric tells the full story. See the XKLS:0220 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ocean Vantage Holdings Bhd Business Description

Industry EnergyOil & Gas
Address Block 11, Jalan Tudan, Lot 6073 and 6074, 1st and 2nd Floor, Kuala Baram Land District, Bandar Baru Permyjaya, Miri, SWK, MYS, 98000
Ocean Vantage Holdings Bhd, along with its subsidiaries, is engaged in the provision of support services for the oil and gas industry, where it supports both the upstream and downstream oil and gas activities. The Group operates through four segments: Engineering, procurement, and construction (EPC) and Project management; Supply of manpower; Supply of materials, tools, and equipment; and Drilling rig charter. Maximum revenue is derived from the Supply of manpower segment, which delivers tailored manpower solutions to the oil and gas sector by providing end-to-end manpower services, from sourcing and screening to onboarding and workforce management, at every stage of the project. Geographically, the Group generates maximum revenue from the local market and also has an overseas presence.
53GF Score

Get the complete analysis for XKLS:0220

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

RM0.25
Price
RM0.13
GF Value