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Yield Go Holdings (HKSE:01796) Gross Property, Plant and Equipment : HK$5.5 Mil (As of Sep. 2023)


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What is Yield Go Holdings Gross Property, Plant and Equipment?

Yield Go Holdings's quarterly gross PPE declined from Sep. 2022 (HK$4.6 Mil) to Mar. 2023 (HK$2.0 Mil) but then increased from Mar. 2023 (HK$2.0 Mil) to Sep. 2023 (HK$5.5 Mil).

Yield Go Holdings's annual gross PPE stayed the same from Mar. 2021 (HK$7.8 Mil) to Mar. 2022 (HK$7.1 Mil) but then declined from Mar. 2022 (HK$7.1 Mil) to Mar. 2023 (HK$2.0 Mil).


Yield Go Holdings Gross Property, Plant and Equipment Historical Data

The historical data trend for Yield Go Holdings'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.

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Yield Go Holdings Gross Property, Plant and Equipment Chart

Yield Go Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial 2.27 6.26 7.80 7.08 1.96

Yield Go Holdings Semi-Annual Data
Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 5.44 7.08 4.60 1.96 5.45

Yield Go Holdings 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.


Yield Go Holdings  (HKSE:01796) 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.


Yield Go Holdings Gross Property, Plant and Equipment Related Terms

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Yield Go Holdings (HKSE:01796) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 9 Hoi Shing Road, Unit 3, 32/F, Cable TV Tower, Tsuen Wan, New Territoties, Hong Kong, HKG
Yield Go Holdings Ltd is an investment holding company. The company through its subsidiaries is engaged in fitting out services and supply of fitting out materials. The fitting-out works of the company are conducted on new buildings and interior renovation works on existing buildings that involve upgrades, makeovers, and demolition of existing works for residential and commercial properties in Hong Kong.
Executives
Tse Shiu Hoi 2201 Interest of corporation controlled by you
Tse's Finance Limited 2106 Person having a security interest in shares
Huang Hou 2201 Interest of corporation controlled by you
Ultra Accord Limited 2106 Person having a security interest in shares
Chu Chui Ling 2106 Person having a security interest in shares
Yuan Feng Ventures Limited 2101 Beneficial owner
Chen Yidong 2201 Interest of corporation controlled by you
Hoi Lang Holdings Ltd. 2106 Person having a security interest in shares
Master Success International Investment Limited 2101 Beneficial owner
Man Hoi Yuen 2201 Interest of corporation controlled by you
Ng Yuen Chun 2202 Interest of your spouse

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