China Oriental Group Co (China Oriental Group Co) Accumulated Depreciation : $-1,868 Mil (As of Dec. 2023)

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What is China Oriental Group Co Accumulated Depreciation?

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

China Oriental Group Co's quarterly accumulated depreciation declined from Dec. 2022 ($-1,725 Mil) to Jun. 2023 ($0 Mil) but then increased from Jun. 2023 ($0 Mil) to Dec. 2023 ($-1,868 Mil).

China Oriental Group Co's annual accumulated depreciation increased from Dec. 2021 ($-1,701 Mil) to Dec. 2022 ($-1,725 Mil) and increased from Dec. 2022 ($-1,725 Mil) to Dec. 2023 ($-1,868 Mil).

China Oriental Group Co Accumulated Depreciation Historical Data

The historical data trend for China Oriental 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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China Oriental Group Co Accumulated Depreciation Chart

China Oriental Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-1,637.44

-1,535.07

-1,700.61

-1,724.98

-1,867.60

China Oriental Group Co 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															-1,700.61	-	-1,724.98	-	-1,867.60

China Oriental 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.

China Oriental Group Co Accumulated Depreciation Related Terms

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China Oriental Group Co (China Oriental Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » China Oriental Group Co Ltd (OTCPK:CUGCF) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

00581:Hong Kong ORG:Germany

Address

23 Harbour Road, Suites 901-2 and 10, 9th Floor, Great Eagle Centre, Wanchai, Hong Kong, HKG

Website

http://www.chinaorientalgroup.com

China Oriental Group Co Ltd is an iron and steel producer. The company is organized into two main operating segments: Iron and Steel and Real Estate. The Iron and Steel segment is comprised of the manufacturing and sale of iron and steel products and trading of steel products and iron ore and under its Real Estate segment it develops and sells properties. China Oriental produces downstream products including H-section steel, Cold rolled sheets, Galvanized sheets, Strips and strip products, Billets, Rebar, and Steel pile sheets. The company generates the majority of its revenue from the Iron and Steel segment. The firm's major customers are based in Northern China.

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