First Tractor Co (HKSE:00038) Accumulated Depreciation : HK$0 Mil (As of Mar. 2024)

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What is First Tractor Co Accumulated Depreciation?

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

First Tractor Co's quarterly accumulated depreciation increased from Sep. 2023 (HK$0 Mil) to Dec. 2023 (HK$-5,007 Mil) but then stayed the same from Dec. 2023 (HK$-5,007 Mil) to Mar. 2024 (HK$0 Mil).

First Tractor Co's annual accumulated depreciation declined from Dec. 2021 (HK$-5,103 Mil) to Dec. 2022 (HK$-4,870 Mil) but then increased from Dec. 2022 (HK$-4,870 Mil) to Dec. 2023 (HK$-5,007 Mil).

First Tractor Co Accumulated Depreciation Historical Data

The historical data trend for First Tractor 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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First Tractor Co Accumulated Depreciation Chart

First Tractor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-4,329.63

-4,846.40

-5,102.53

-4,869.60

-5,007.37

First Tractor Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-	-4,899.40	-	-5,007.37	-

First Tractor 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.

First Tractor Co Accumulated Depreciation Related Terms

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First Tractor Co (HKSE:00038) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » First Tractor Co Ltd (HKSE:00038) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

FIRRF:USA 601038:China

Address

No. 154 Jianshe Road, Henan Province, Luoyang, CHN, 471004

Website

http://www.first-tractor.com.cn

First Tractor Co Ltd is a Chinese company engaged in the agricultural machinery manufacturing industry. Its business scope mainly includes manufacturing and selling agricultural machinery, diesel engines and fuel injections, other machinery, and an operating business of a finance company. It has four reporting divisions. The Agricultural Machinery division, which is the key revenue driver, is responsible for the production and sale of agricultural tractors, harvesters, and others. The power machinery division is mainly responsible for producing and selling diesel engines. The financial business is to handle the member units between the entrusted loans and investment, internal transfer settlement, absorption of member units deposits, and other business.

First Tractor Co (HKSE:00038) Headlines

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