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Oriental Interest Bhd (XKLS:5827) Property, Plant and Equipment : RM66.1 Mil (As of Feb. 2024)


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What is Oriental Interest Bhd Property, Plant and Equipment?

Oriental Interest Bhd's quarterly net PPE increased from Aug. 2023 (RM44.8 Mil) to Nov. 2023 (RM64.6 Mil) and increased from Nov. 2023 (RM64.6 Mil) to Feb. 2024 (RM66.1 Mil).

Oriental Interest Bhd's annual net PPE increased from Aug. 2021 (RM36.9 Mil) to Aug. 2022 (RM40.6 Mil) and increased from Aug. 2022 (RM40.6 Mil) to Aug. 2023 (RM44.8 Mil).


Oriental Interest Bhd Property, Plant and Equipment Historical Data

The historical data trend for Oriental Interest 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.

* Premium members only.

Oriental Interest Bhd Property, Plant and Equipment Chart

Oriental Interest Bhd Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Aug21 Aug22 Aug23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.19 38.79 36.95 40.58 44.79

Oriental Interest Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 60.20 63.84 44.79 64.59 66.15

Oriental Interest 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.


Oriental Interest Bhd  (XKLS:5827) 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.


Oriental Interest Bhd Property, Plant and Equipment Related Terms

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Oriental Interest Bhd (XKLS:5827) Business Description

Traded in Other Exchanges
N/A
Address
34 and 35, Lengkok Cempaka 2, Bandar Amanjaya, Sungai Petani, KDH, MYS, 08000
Oriental Interest Bhd is engaged in providing management services. It operates in the following segments: Property Development, Construction, Investment holding, Oil palm cultivation, and Hotel operation. Its project portfolio is spread across the Northern and Central regions of Malaysia. The majority of the revenue is derived from property development. The Group operates only in Malaysia.

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