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Integrated Media Technology (Integrated Media Technology) Property, Plant and Equipment : $1.84 Mil (As of Jun. 2023)


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What is Integrated Media Technology Property, Plant and Equipment?

Integrated Media Technology's quarterly net PPE declined from Jun. 2022 ($5.03 Mil) to Dec. 2022 ($2.23 Mil) and declined from Dec. 2022 ($2.23 Mil) to Jun. 2023 ($1.84 Mil).

Integrated Media Technology's annual net PPE increased from Dec. 2020 ($5.63 Mil) to Dec. 2021 ($5.72 Mil) but then declined from Dec. 2021 ($5.72 Mil) to Dec. 2022 ($2.23 Mil).


Integrated Media Technology Property, Plant and Equipment Historical Data

The historical data trend for Integrated Media Technology'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.

Integrated Media Technology Property, Plant and Equipment Chart

Integrated Media Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.81 5.63 5.72 2.23

Integrated Media Technology Semi-Annual Data
Dec13 Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 5.30 5.72 5.03 2.23 1.84

Integrated Media Technology 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.


Integrated Media Technology  (NAS:IMTE) 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.


Integrated Media Technology Property, Plant and Equipment Related Terms

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Integrated Media Technology (Integrated Media Technology) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Pensyarah U1/28, Suite A, Unit 5, Level 3, Lot 4, Glen 9 Business Park, Hicom Glenmarie Industrial Par, Shah Alam, SGR, MYS, 40150
Integrated Media Technology Ltd is engaged in the development, sale, and distribution of autostereoscopic 3D display, 3D conversion equipment, and software, development, and sale of 3D autostereoscopic technology, and the provision of 3D consultancy services. It operates through the following segments: the development, sale and distribution of autostereoscopic 3D displays, conversion equipment, software and technology solutions, and others, Sales of air-filter products, provision of consultancy services, and Sales of Halal products.
Executives
Marvel Finance Ltd 10 percent owner 7/F., SIU ON CENTER., 188 LOCKHART ROAD,, WAN CHAI K3 00000
Lee Ying Chiu Herbert director, 10 percent owner, officer: President and CEO 15/F., SIU ON CENTRE, 188 LOCKHART ROAD, WANCHAI K3 0000
Nextglass Technologies Corp. 10 percent owner 9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLES CA 90210
Jeonggeun Kim 10 percent owner 101-1402HO, SOSABEOL PURUGIO APT, 970 VISION-DONG, PYEONGTAEK-SI M5 17847
Cimb Ltd 10 percent owner SUITE1814, 18/F FO TAN INDUSTRIAL CENTER, 26-28 AU PUI WAN STREET, FOTAN, NT K3 00000
Heming Cui director 13/F, TOWER 2, BELCHER, NO. 89 POK FU LAM ROAD, HONG KONG K3 00000
Ho Cecil Te Hwai officer: CFO & Company Secretary 7/F, SIU ON CENTRE, 188 LOCKHART ROAD, WANCHAI K3 00000
Lawrence Chen director UNIT 10, 18 JESSIE STREET, WESTMEAD SYDNEY C3 2145
Michael Wuhua Zhang director 7/F, SIU ON CENTER, 188 LOCKHART ROAD, WANCHAI K3 00000
Unerkov Con director PO BOX 1171, NORTH ADELAIDE SA C3 5006
George Yatzis officer: Company Secretary GPO BOX 2018, ADELAIDE C3 5001
Chang Yuen Chan director 7/F., SIU ON CENTER,, 188 LOCKHART ROAD,, WAN CHAI K3 00000
Ingram Wilton Timothy Carr director 7/F., SIU ON CENTER,, 188 LOCKHART ROAD,, WAN CHAI K3 00000
Man Chung Chan director ROOM 2404, KING YAN HOUSE, KING NGA COURT, TAIPO K3 00000

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