GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Central China Real Estate Ltd (OTCPK:CNLLF) » Definitions » Gross Property, Plant and Equipment

Central China Real Estate (Central China Real Estate) Gross Property, Plant and Equipment : $1,568 Mil (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Central China Real Estate Gross Property, Plant and Equipment?

Central China Real Estate's quarterly gross PPE declined from Dec. 2022 ($1,597 Mil) to Jun. 2023 ($1,278 Mil) but then increased from Jun. 2023 ($1,278 Mil) to Dec. 2023 ($1,568 Mil).

Central China Real Estate's annual gross PPE increased from Dec. 2021 ($1,520 Mil) to Dec. 2022 ($1,597 Mil) but then declined from Dec. 2022 ($1,597 Mil) to Dec. 2023 ($1,568 Mil).


Central China Real Estate Gross Property, Plant and Equipment Historical Data

The historical data trend for Central China Real Estate's Gross 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.

* Premium members only.

Central China Real Estate Gross Property, Plant and Equipment Chart

Central China Real Estate Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 968.74 1,370.82 1,520.28 1,596.81 1,568.19

Central China Real Estate Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross 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 1,520.28 1,265.24 1,596.81 1,278.03 1,568.19

Central China Real Estate Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed 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.


Central China Real Estate  (OTCPK:CNLLF) Gross 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.


Central China Real Estate Gross Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of Central China Real Estate's Gross Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


Central China Real Estate (Central China Real Estate) Business Description

Traded in Other Exchanges
Address
Nongye East Road, Block E, Jianye Office Building, Henan Province, Zhengzhou, CHN
Central China Real Estate Limited is a Hong Kong-based investment holding company principally engaged in property businesses. The Company's main businesses include the development of property projects for sales and rental, as well as hotel operations. Its properties include Zhengzhou Tianzhu, Zhengzhou Triumph Plaza, Pingdingshan Eighteen Cities, and Jiaozuo Xiuwu Forest Peninsula, among others. Its hotels include Le Meridien Zhengzhou, Aloft Zhengzhou Shangjie, and Holiday Inn Nanyang, among others. The Company is also involved in the businesses of cultural tourism projects and light-asset model projects. The Company mainly operates businesses in Henan, China.

Central China Real Estate (Central China Real Estate) Headlines