Hang Lung Group (Hang Lung Group) Accumulated Depreciation : $-82 Mil (As of Dec. 2023)

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What is Hang Lung Group Accumulated Depreciation?

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

Hang Lung Group's quarterly accumulated depreciation declined from Dec. 2022 ($-95 Mil) to Jun. 2023 ($0 Mil) but then increased from Jun. 2023 ($0 Mil) to Dec. 2023 ($-82 Mil).

Hang Lung Group's annual accumulated depreciation increased from Dec. 2021 ($-91 Mil) to Dec. 2022 ($-95 Mil) but then stayed the same from Dec. 2022 ($-95 Mil) to Dec. 2023 ($-82 Mil).

Hang Lung Group Accumulated Depreciation Historical Data

The historical data trend for Hang Lung Group'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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Hang Lung Group Accumulated Depreciation Chart

Hang Lung Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-73.55

-81.27

-90.52

-94.92

-82.46

Hang Lung Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial															-90.52	-	-94.92	-	-82.46

Hang Lung Group 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.

Hang Lung Group Accumulated Depreciation Related Terms

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Hang Lung Group (Hang Lung Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hang Lung Group Ltd (OTCPK:HNLGY) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

HNLGF:USA 00010:Hong Kong

Address

4 Des Voeux Road Central, 28th Floor, Standard Chartered Bank Building, Hong Kong, HKG

Website

https://www.hanglunggroup.com

Hang Lung Group Ltd is an investment holding company engaged in the property leasing business. The Company operates its business through two segments. The Property Leasing segment engages in the property leasing operation. The Company's investment properties portfolio consists of retail, office, residential, serviced apartments, and car parks, located in mainland China and Hong Kong, and the Property Sales segment engages in the development and sale of trading properties in mainland China and Hong Kong. It derives a majority of its revenue from the property leasing segment.

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