Shanghai Electric Group Co (Shanghai Electric Group Co) Accumulated Depreciation : $-3,004 Mil (As of Dec. 2023)

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What is Shanghai Electric Group Co Accumulated Depreciation?

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

Shanghai Electric Group Co's quarterly accumulated depreciation declined from Jun. 2023 ($-2,849 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($-3,004 Mil).

Shanghai Electric Group Co's annual accumulated depreciation increased from Dec. 2021 ($-2,818 Mil) to Dec. 2022 ($-2,872 Mil) and increased from Dec. 2022 ($-2,872 Mil) to Dec. 2023 ($-3,004 Mil).

Shanghai Electric Group Co Accumulated Depreciation Historical Data

The historical data trend for Shanghai Electric Group Co'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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Shanghai Electric Group Co Accumulated Depreciation Chart

Shanghai Electric Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-2,321.27

-2,573.89

-2,818.21

-2,872.25

-3,004.05

Shanghai Electric Group Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial															-2,872.25	-	-2,848.86	-	-3,004.05

Shanghai Electric Group Co 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.

Shanghai Electric Group Co Accumulated Depreciation Related Terms

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Shanghai Electric Group Co (Shanghai Electric Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Electric Group Co Ltd (OTCPK:SIELY) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

SIELF:USA 02727:Hong Kong USR:Germany 601727:China

Address

No. 110 Sichuan Middle Road, Huangpu District, Shanghai, CHN, 200002

Website

https://www.shanghai-electric.com

Shanghai Electric Group Co Ltd is an integrated equipment manufacturing group specializing in industrial equipment. Its products include thermal generator sets, nuclear power units, wind power equipment, power T&D equipment, environmental protection equipment, automation equipment, elevators, rail transit, and Industrial Internet. The operating segments are energy equipment, industrial equipment, and integrated services segments, with maximum revenue from the energy equipment segment.