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SITC International Holdings Co (HKSE:01308) Buildings And Improvements : HK$478 Mil (As of Dec. 2023)


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What is SITC International Holdings Co Buildings And Improvements?

SITC International Holdings Co's quarterly buildings and improvements declined from Dec. 2022 (HK$451 Mil) to Jun. 2023 (HK$0 Mil) but then increased from Jun. 2023 (HK$0 Mil) to Dec. 2023 (HK$478 Mil).

SITC International Holdings Co's annual buildings and improvements increased from Dec. 2021 (HK$378 Mil) to Dec. 2022 (HK$451 Mil) and increased from Dec. 2022 (HK$451 Mil) to Dec. 2023 (HK$478 Mil).


SITC International Holdings Co Buildings And Improvements Historical Data

The historical data trend for SITC International Holdings 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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SITC International Holdings Co Buildings And Improvements Chart

SITC International Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 345.18 366.38 377.92 450.50 477.91

SITC International Holdings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 377.92 - 450.50 - 477.91

SITC International Holdings 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.


SITC International Holdings Co (HKSE:01308) Business Description

Traded in Other Exchanges
Address
6-8 Harbour Road, 31/F, Shui On Centre, Wanchai, Hong Kong, HKG
SITC International Holdings Co Ltd is a shipping company operating within Asia under two reportable segments: the container shipping and logistics segment and the dry bulk and others segment. Nearly all of SITC International's revenue comes from the container shipping and logistics segment, which covers the provision of container transportation, freight forwarding, shipping agency, depot, and warehousing. The dry bulk and others segment provides services of dry bulk vessel leasing, land leasing, and other services. Geographically, it derives majority of its revenue from Greater China.
Executives
Jpmorgan Chase & Co.
Blackrock, Inc. 2201 Interest of corporation controlled by you
Yang Xianxiang 2101 Beneficial owner
Yang Xin 2305 Beneficiary of a trust
Yang Shaopeng 2307 Founder of a discretionary trust who can infl
Tmf (cayman) Ltd. 2301 Trustee
Resourceful Link Management Limited 2101 Beneficial owner
Liu Rongli 2202 Interest of your spouse
Better Master Limited 2201 Interest of corporation controlled by you
Yang Xianxiang 2201 Interest of corporation controlled by you
Jixiang Limited 2101 Beneficial owner
Yang Shaopeng 2201 Interest of corporation controlled by you

SITC International Holdings Co (HKSE:01308) Headlines

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