Discontinued — last reported Q4 '23
International Flavors & Fragrances CHINA — Property, plant and equipment increased by 9.1% to $228.00M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 11.6%, from $258.00M to $228.00M. Over 2 years (FY 2021 to FY 2023), CHINA — Property, plant and equipment shows a downward trend with a -10.1% CAGR.
An increase suggests capital expansion or investment in local production capacity, while a decrease may indicate asset depreciation, divestiture, or a shift in manufacturing strategy.
This metric represents the net book value of tangible long-lived assets, including manufacturing plants, machinery, and...
Peers in the specialty ingredients sector typically report regional PPE to demonstrate their manufacturing footprint and operational exposure to specific high-growth markets.
iff_segment_china_property_plant_and_equipment| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $288.00M | $284.00M | $259.00M | $274.00M | $257.00M | $235.00M | $258.00M | $242.00M | $227.00M | $209.00M | $228.00M |
| QoQ Change | — | -1.4% | -8.8% | +5.8% | -6.2% | -8.6% | +9.8% | -6.2% | -6.2% | -7.9% | +9.1% |
| YoY Change | — | — | — | — | -10.8% | -17.3% | -0.4% | -11.7% | -11.7% | -11.1% | -11.6% |