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SPI Energy Co (SPI Energy Co) Gross Property, Plant and Equipment : $48.5 Mil (As of Sep. 2023)


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What is SPI Energy Co Gross Property, Plant and Equipment?

SPI Energy Co's quarterly gross PPE declined from Mar. 2023 ($54.8 Mil) to Jun. 2023 ($54.7 Mil) and declined from Jun. 2023 ($54.7 Mil) to Sep. 2023 ($48.5 Mil).

SPI Energy Co's annual gross PPE increased from Dec. 2020 ($52.8 Mil) to Dec. 2021 ($61.0 Mil) and increased from Dec. 2021 ($61.0 Mil) to Dec. 2022 ($67.2 Mil).


SPI Energy Co Gross Property, Plant and Equipment Historical Data

The historical data trend for SPI Energy Co'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.

SPI Energy Co Gross Property, Plant and Equipment Chart

SPI Energy Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.75 39.73 52.77 61.01 67.20

SPI Energy Co Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 48.60 67.20 54.76 54.68 48.52

SPI Energy Co 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.


SPI Energy Co  (NAS:SPI) 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.


SPI Energy Co Gross Property, Plant and Equipment Related Terms

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SPI Energy Co (SPI Energy Co) Business Description

Industry
Traded in Other Exchanges
Address
4803 Urbani Avenue, McClellan Park, Sacramento, CA, USA, 95652
SPI Energy Co Ltd offers photovoltaic solutions for business, residential, government, and utility customers and investors. The company provides a range of engineering, procurement, and construction services to third-party project developers. It is also engaged in the development, manufacture, and marketing of various PV modules. It procures PV modules and other equipment for project construction from independent suppliers and contract work to third-party EPC contractors in areas such as logistics, installation, construction, and supervision. The company's geographical segments are the United Kingdom, Australia, United States, Greece, Japan, and Italy, of which the majority of its revenue comes from Australia.
Executives
Dejun Ye officer: Chief Executive Officer ROOM 502, NO.16, LANE 28, EAST GUILIN ST, XUHUI DISTRICT, SHANGHAI F4 200235
Yunan Ren director C/O TIGER MEDIA, INC. ROOM 1705, 511 WEIHAI ROAD, JING AN DISTRICT, SHANGHAI F4 200041
Jing Liu officer: Chief Financial Officer RM 1708 YINGU PLZA NO.9 OF N 4TH, RING ROAD WEST HAIDIAN DISTRICT, BEIJING F4 100080
Gang Dong director 2512,COSCO TOWER, 183 QUEEN'S ROAD CENTRAL, SHEUNG WAN K3 852
Xiaofeng Pen director 7TH FLOOR, BUILDING B, 2145 LONG, JINSHAJIANG ROAD, PUTUO DISTRICT, SHANGHAI F4 200333
Hoong Khoeng Cheong officer: Chief Operating Officer #04-152, BLOCK 532, BUKIT BATOK ST 5 1, SINGAPORE U0 650532
Lang Zhou director LDK SOLAR, SAIWEI ROAD, HIGH-TEC ZONE, XINYU F4 338000
Xiahou Min director, officer: Chief Executive Officer LDK SOLAR,SAIWEI ROAD, HIGH-TECH ZONE, XINYU CITY F4 338000
Charlotte Xi Klein officer: President, Global COO, CFO 201 CALIFORNIA STREET, SUITE 1250, SAN FRANCISCO CA 94111
James Pekarsky officer: Chief Financial Officer 1349A OLIVE STREET, SAN CARLO CA 94070
Dennis Wu director SOLAR POWER INC, 2240 DOUGLAS BLVD, SUITE 200, ROSEVILLE CA 95661
Ldk Solar Co., Ltd. 10 percent owner HIGH-TECH INDUSTRIAL PARK, XINYU CITY, JIANGXI PROVINCE F4 338032
Jack K Lai director C/O LDK SOLAR USA, INC., 1290 OAKMEAD PARKWAY, SUITE 306, SUNNYVALE CA 94085
Peng Xiaofeng director #15, 35/F WEST TOWER, SHUN TAK CENTRE, 200 CONNAUGHT ROAD, CENTRAL K3 00000
Joseph Bedewi officer: Chief Financial Officer SOLAR POWER INC, 1115 ORLANDO AVE, ROSEVILLE CA 95661