What does CHINA — PP&E (net) mean?

This metric represents the net book value of tangible assets, such as manufacturing facilities, machinery, and testing equipment, located within the China region. It reflects the company's physical capital investment and operational footprint dedicated to supporting regional production or distribution. Changes in this balance indicate capital expenditure cycles, asset depreciation, or strategic divestments within the local market.

Qorvo QRVO CHINA — PP&E (Net)

Discontinued — last reported Q4 '21

Similar metrics at other companies

STChina — Property, plant and equipment, net:

$251.8M-2.9%

TKRChina — Property, plant and equipment, net

$255.8M-3.3%

GTLSChina — Property, plant and equipment, net

$92.6M-1.5%

ATRChina — Property, Plant and Equipment, Net

$165.6M+56.8%

RRXChina — Net Property, Plant and Equipment

$51M+0.2%

SNChina — Total property and equipment, net

$150.17M+32.9%

Other financials

Income statement

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Revenue$808.3M-7.0%

Gross profit$395.0M+7.8%

Operating income$31.5M+11.7%

Net income$29.7M-5.2%

EPS (diluted)$0.32-3.0%

Balance sheet

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Cash & equivalents$1.2B+19.4%

Total debt$1.6B-0.3%

Total equity$3.3B-1.4%

Total assets$5.8B-1.8%

Cash flow

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Operating cash flow$276.3M+38.7%

CapEx$21.2M-25.5%

Free cash flow$255.0M+49.4%

Valuation

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Market cap$8.66B+6.1%

Enterprise value$9.05B+2.9%

P/E25.6×-121×

P/S2.4×+0.2×

Profitability

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Gross margin45.9%+4.6pp

Operating margin11.2%+8.6pp

Net margin9.2%+7.7pp

FCF margin18.5%+5.4pp

Returns & leverage

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Return on equity10.1%+8.5pp

Debt / equity0.5×0.0×

Current ratio3.2×+0.5×

Where this comes from

Reported directly by Qorvo in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentNet.

The official record: Qorvo’s 10-K, filed May 24, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does CHINA — PP&E (net) mean?: This metric represents the net book value of tangible assets, such as manufacturing facilities, machinery, and testing equipment, located within the China region. It reflects the company's physical capital investment and operational footprint dedicated to supporting regional production or distribution. Changes in this balance indicate capital expenditure cycles, asset depreciation, or strategic divestments within the local market.