Property, plant and equipment closed at CNY 16,419,009,319.54, compared with CNY 13,415,339,996.11 at opening. Management attributes the increase mainly to new and upgraded lines transferred from construction. The gross fixed-asset movement records CNY 3,678,423,326.40 transferred from construction, together with CNY 312,778,420.81 of associated accumulated depreciation; these gross-table amounts are not the net transfer subtotal in the important-project schedule. Conversely, CNY 907,351,626.46 of gross fixed assets and CNY 534,902,649.12 of accumulated depreciation moved back into construction. Asset changes therefore include classifications and existing assets, not only new cash purchases. The policy transfers construction when ready for intended use, including provisional values before final settlement; depreciation starts the following month. A transfer does not establish full utilization or a complete year of sales.
- Closing net PPE / 2018 / FY2018 A share/CAS.
- RMB 16,419,009,319.54
- Opening net PPE / 2018 / FY2018 A share/CAS.
- RMB 13,415,339,996.11
- Gross PPE transferred from construction / 2018 / FY2018 A share/CAS.
- RMB 3,678,423,326.4
- Associated depreciation transferred from construction / 2018 / FY2018 A share/CAS.
- RMB 312,778,420.81
- Gross PPE transferred back to construction / 2018 / FY2018 A share/CAS.
- RMB 907,351,626.46
- Associated depreciation transferred back to construction / 2018 / FY2018 A share/CAS.
- RMB 534,902,649.12