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Ranhill Utilities Bhd (XKLS:5272) Gross Property, Plant and Equipment : RM358 Mil (As of Mar. 2024)


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What is Ranhill Utilities Bhd Gross Property, Plant and Equipment?

Ranhill Utilities Bhd's quarterly gross PPE increased from Sep. 2023 (RM308 Mil) to Dec. 2023 (RM918 Mil) but then declined from Dec. 2023 (RM918 Mil) to Mar. 2024 (RM358 Mil).

Ranhill Utilities Bhd's annual gross PPE increased from Dec. 2021 (RM749 Mil) to Dec. 2022 (RM796 Mil) and increased from Dec. 2022 (RM796 Mil) to Dec. 2023 (RM918 Mil).


Ranhill Utilities Bhd Gross Property, Plant and Equipment Historical Data

The historical data trend for Ranhill Utilities Bhd'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.

Ranhill Utilities Bhd Gross Property, Plant and Equipment Chart

Ranhill Utilities Bhd 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 225.12 664.84 748.98 795.85 917.50

Ranhill Utilities Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 278.43 280.74 307.53 917.50 357.89

Ranhill Utilities Bhd 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.


Ranhill Utilities Bhd  (XKLS:5272) 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.


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Ranhill Utilities Bhd (XKLS:5272) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Garuda, Larkin, Bangunan Ranhill SAJ, Johor Darul Takzim, Johor Bahru, MYS, 80350
Ranhill Utilities Bhd is engaged in investment holding business. Its services include the provision of water supply services by source-to-tap water in Johor, Water and wastewater treatment offering water and industrial wastewater treatment technologies, and Non-Revenue Water management and reduction programmes. The company's segments are Environment sector which offers water supply services, specialized services in the management and optimisation of water utility assets, and operation of water and wastewater treatment plants; Power sector in which the group owns and operates two combined cycle gas turbine power plants in Sabah, Malaysia; and Other segment covering management services to subsidiaries. It operates in Malaysia and Thailand, and earns key revenue from the Environment segment.

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