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Zhejiang RIFA Precision Machinery Co (SZSE:002520) Buildings And Improvements : ¥0 Mil (As of Mar. 2024)


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What is Zhejiang RIFA Precision Machinery Co Buildings And Improvements?


Zhejiang RIFA Precision Machinery Co Buildings And Improvements Historical Data

The historical data trend for Zhejiang RIFA Precision Machinery 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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Zhejiang RIFA Precision Machinery Co Buildings And Improvements Chart

Zhejiang RIFA Precision Machinery Co Annual Data
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Buildings And Improvements
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Zhejiang RIFA Precision Machinery Co Quarterly Data
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Zhejiang RIFA Precision Machinery 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.


Zhejiang RIFA Precision Machinery Co (SZSE:002520) Business Description

Traded in Other Exchanges
N/A
Address
Nanyan Industry Zone, Zhejiang Province, Xinchang, CHN, 312500
Zhejiang RIFA Precision Machinery Co Ltd is a China-based company engaged in the manufacturing and distribution of computer numerical control (CNC) machine tools. It provides CNC lathes, CNC grinding machines, vertical machining centers, horizontal machining centers, as well as gantry machining centers, among others. It offers its products under the brand name RIFA. The company distributes its products within domestic market and to overseas markets.
Executives
Wang Ben Shan Directors, executives
Huang Lin Jun Supervisors
Wu Jie Director
Wang Ji Director
Dong Yi Guang Supervisors

Zhejiang RIFA Precision Machinery Co (SZSE:002520) Headlines

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