Luohe Letone Hydraulics Technology Co (BJSE:832225) Accumulated Depreciation : ¥0.0 Mil (As of Mar. 2024)

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What is Luohe Letone Hydraulics Technology Co Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Luohe Letone Hydraulics Technology Co's quarterly accumulated depreciation increased from Sep. 2023 (¥0.0 Mil) to Dec. 2023 (¥-188.0 Mil) but then stayed the same from Dec. 2023 (¥-188.0 Mil) to Mar. 2024 (¥0.0 Mil).

Luohe Letone Hydraulics Technology Co's annual accumulated depreciation increased from Dec. 2021 (¥-137.9 Mil) to Dec. 2022 (¥-165.8 Mil) and increased from Dec. 2022 (¥-165.8 Mil) to Dec. 2023 (¥-188.0 Mil).

Luohe Letone Hydraulics Technology Co Accumulated Depreciation Historical Data

The historical data trend for Luohe Letone Hydraulics Technology Co's Accumulated Depreciation 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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Luohe Letone Hydraulics Technology Co Accumulated Depreciation Chart

Luohe Letone Hydraulics Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-98.04

-116.72

-137.86

-165.77

-187.96

Luohe Letone Hydraulics Technology Co Quarterly Data
	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-	-176.78	-	-187.96	-

Luohe Letone Hydraulics Technology Co Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Luohe Letone Hydraulics Technology Co Accumulated Depreciation Related Terms

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Luohe Letone Hydraulics Technology Co (BJSE:832225) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Luohe Letone Hydraulics Technology Co Ltd (BJSE:832225) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 88, Dongfanghong Road, National Luohe Economic and Technological Development Zone, Henan Province, Luohe City, CHN, 462000

Website

https://www.letone.cn

Luohe Letone Hydraulics Technology Co Ltd is engaged in research and development, production, and sales of rubber hydraulic hoses. It is focused on polymer material blending, polymer material modification, hydraulic hoses, oil drilling hoses, fracturing hoses, rubber-plastic composite hoses, ultra-high pressure resin hoses, and fluid connections. It provides high-efficiency solutions for fluid transportation, high-performance solutions for polymer material blends, and high-efficiency transportation for shale oil and gas stimulation and acid fracturing pipelines.

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