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Posbank Co (XKRX:105760) Property, Plant and Equipment : ₩20,099 Mil (As of Dec. 2024)


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What is Posbank Co Property, Plant and Equipment?

Posbank Co's quarterly net PPE declined from Jun. 2024 (₩19,787 Mil) to Sep. 2024 (₩19,325 Mil) but then increased from Sep. 2024 (₩19,325 Mil) to Dec. 2024 (₩20,099 Mil).

Posbank Co's annual net PPE declined from Dec. 2022 (₩19,863 Mil) to Dec. 2023 (₩19,272 Mil) but then increased from Dec. 2023 (₩19,272 Mil) to Dec. 2024 (₩20,099 Mil).


Posbank Co Property, Plant and Equipment Historical Data

The historical data trend for Posbank 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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Posbank Co Property, Plant and Equipment Chart

Posbank Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Property, Plant and Equipment
6,787.26 12,037.88 19,862.52 19,272.08 20,098.93

Posbank Co Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19,272.08 19,100.56 19,787.19 19,325.28 20,098.93

Posbank 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.


Posbank Co  (XKRX:105760) 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.


Posbank Co Property, Plant and Equipment Related Terms

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Posbank Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
108 Gasan Digital 2-ro, Geumcheon-gu, Seoul, KOR
Posbank Co Ltd is a company involved in manufacturing ,developing of interactive KIOSKs in the form of PC-based POS and touch screen-equipped information or unmanned ordering machines that are used by installing a POS program on a PC with a card reader, barcode reader, and receipt printer. The POS devices developed, manufactured, and sold by our company are used in the retail market for global franchises such as McDonald's, Subway, movie theaters, and exhibition halls that require product ordering and payment, and in the hospitality market such as small and medium-sized restaurants and cafes.

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