GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sunsweet PCL (BKK:SUN) » Definitions » Gross Property, Plant and Equipment

Sunsweet PCL (BKK:SUN) Gross Property, Plant and Equipment : ฿1,124 Mil (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Sunsweet PCL Gross Property, Plant and Equipment?

Sunsweet PCL's quarterly gross PPE increased from Sep. 2023 (฿1,083 Mil) to Dec. 2023 (฿1,797 Mil) but then declined from Dec. 2023 (฿1,797 Mil) to Mar. 2024 (฿1,124 Mil).

Sunsweet PCL's annual gross PPE increased from Dec. 2021 (฿1,437 Mil) to Dec. 2022 (฿1,556 Mil) and increased from Dec. 2022 (฿1,556 Mil) to Dec. 2023 (฿1,797 Mil).


Sunsweet PCL Gross Property, Plant and Equipment Historical Data

The historical data trend for Sunsweet PCL'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.

Sunsweet PCL Gross Property, Plant and Equipment Chart

Sunsweet PCL 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 1,159.08 1,181.21 1,436.94 1,555.78 1,796.83

Sunsweet PCL 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 1,047.49 1,055.01 1,083.18 1,796.83 1,123.58

Sunsweet PCL 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.


Sunsweet PCL  (BKK:SUN) 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.


Sunsweet PCL Gross Property, Plant and Equipment Related Terms

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


Sunsweet PCL (BKK:SUN) Business Description

Traded in Other Exchanges
N/A
Address
Number 9 Moo 1, Thung Satok Sub-district, Sanpatong district, Chiang Mai, THA, 50120
Sunsweet PCL is a Thailand-based company engaged in the production and distribution of processed sweet corn products. The company manufactures and supplies agricultural products including fresh and processed of fruits and vegetables. It offers various products such as canned sweet corn, ready-to-eat pouch corn, and frozen sweet corn. The company's other processed agricultural products consist of onions, tapioca, canned pineapple, corn oil, sunflower oil, tomato sauce, and others. The company operates in two reportable segments Sales of goods in domestic segment and Export of goods to overseas segment. The majority of revenue is derived from the Export of goods to overseas segment.