Qingling Motors Co (HKSE:01122) Buildings And Improvements : HK$791 Mil (As of Dec. 2023)

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What is Qingling Motors Co Buildings And Improvements?

Qingling Motors Co's quarterly buildings and improvements declined from Dec. 2022 (HK$804 Mil) to Jun. 2023 (HK$0 Mil) but then increased from Jun. 2023 (HK$0 Mil) to Dec. 2023 (HK$791 Mil).

Qingling Motors Co's annual buildings and improvements declined from Dec. 2021 (HK$857 Mil) to Dec. 2022 (HK$804 Mil) and declined from Dec. 2022 (HK$804 Mil) to Dec. 2023 (HK$791 Mil).

Qingling Motors Co Buildings And Improvements Historical Data

The historical data trend for Qingling Motors Co's Buildings And Improvements 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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Qingling Motors Co Buildings And Improvements Chart

Qingling Motors Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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770.20

822.71

857.22

803.95

791.01

Qingling Motors Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Buildings And Improvements	Get a 7-Day Free Trial															857.22	-	803.95	-	791.01

Qingling Motors Co Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Qingling Motors Co (HKSE:01122) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Qingling Motors Co Ltd (HKSE:01122) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

QIN:Germany

Address

1 Xiexing Cun, Zhongliangshan, Jiulongpo District, Chongqing, CHN, 400052

Website

https://www.qingling.com.cn

Qingling Motors Co Ltd is a Chinese company which is engaged in the production and sale of Isuzu light, medium and heavy-duty trucks, pick-up trucks, multi-purpose vehicles and diesel and petrol engines. It also focuses on the manufacturing and sales of automobile parts and accessories. The company organizes its business into five segments namely Light-duty trucks and chassis; Pickup trucks and chassis; Medium and heavy-duty trucks and chassis; and Automobile parts, accessories and others. It also focuses on research and development activity for product, material, mould and process and fixtures. The company earns the majority of its revenue from the sale of trucks and vehicles in the People's Republic of China.

Qingling Motors Co (HKSE:01122) Headlines

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