Hongcheng Environmental Technology Co (HKSE:02265) Buildings And Improvements : HK$221.5 Mil (As of Dec. 2023)

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What is Hongcheng Environmental Technology Co Buildings And Improvements?

Hongcheng Environmental Technology Co's quarterly buildings and improvements declined from Dec. 2022 (HK$154.3 Mil) to Jun. 2023 (HK$150.9 Mil) but then increased from Jun. 2023 (HK$150.9 Mil) to Dec. 2023 (HK$221.5 Mil).

Hongcheng Environmental Technology Co's annual buildings and improvements increased from Dec. 2021 (HK$139.1 Mil) to Dec. 2022 (HK$154.3 Mil) and increased from Dec. 2022 (HK$154.3 Mil) to Dec. 2023 (HK$221.5 Mil).

Hongcheng Environmental Technology Co Buildings And Improvements Historical Data

The historical data trend for Hongcheng Environmental Technology 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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Hongcheng Environmental Technology Co Buildings And Improvements Chart

Hongcheng Environmental Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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116.79

133.53

139.12

154.31

221.48

Hongcheng Environmental Technology Co Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Buildings And Improvements	Get a 7-Day Free Trial				139.12	132.79	154.31	150.91	221.48

Hongcheng Environmental Technology 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.

Hongcheng Environmental Technology Co (HKSE:02265) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Hongcheng Environmental Technology Co Ltd (HKSE:02265) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yeyan Road North, Dadongzhuang Village North, Shahe Town, Shandong Province, Yantai, Laizhou, CHN

Website

http://www.sdhcgroup.cn

Hongcheng Environmental Technology Co Ltd is an investment holding company. The company and its subsidiaries are engaged in the provision of gold mine hazardous waste treatment services and recycling and extracting therefrom resources with economic value for sale, such as pyrite concentrate.

Executives

Zeming International Investment Co., Ltd.	2101 Beneficial owner
Liu Ze Ming	2201 Interest of corporation controlled by you
Li Li Yan	2202 Interest of your spouse

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