Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) Accumulated Depreciation : HK$-1,194 Mil (As of Dec. 2023)

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What is Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Accumulated Depreciation?

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

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's quarterly accumulated depreciation declined from Dec. 2022 (HK$-1,191 Mil) to Jun. 2023 (HK$0 Mil) but then increased from Jun. 2023 (HK$0 Mil) to Dec. 2023 (HK$-1,194 Mil).

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's annual accumulated depreciation declined from Dec. 2021 (HK$-1,234 Mil) to Dec. 2022 (HK$-1,191 Mil) but then increased from Dec. 2022 (HK$-1,191 Mil) to Dec. 2023 (HK$-1,194 Mil).

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Accumulated Depreciation Historical Data

The historical data trend for Chu Kong Petroleum and Natural Gas Steel Pipe Holdings'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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Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Accumulated Depreciation Chart

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-1,297.16

-1,275.52

-1,234.40

-1,190.67

-1,194.16

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings 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															-1,234.40	-	-1,190.67	-	-1,194.16

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings 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.

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Accumulated Depreciation Related Terms

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Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Ltd (HKSE:01938) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

2nd Floor, 3-5 Golden Dragon City, Yayun Avenue, Panyu District, Guangdong Province, Guangzhou, CHN, 511450

Website

http://www.pck.com.cn

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Ltd operates in the steel pipe business. The group is involved in its key revenue-generating business which is to manufacture and sell welded steel pipes and the provision of related manufacturing services. The group's steel pipes are mainly used for energy transmission including oil and gas transmission pipelines, deep-sea pipelines, city gas networks, petrochemicals, mining, infrastructure construction, offshore engineering, steel structures, and water utilities industries. Further, it is also involved in the development of properties for sale; and property investment activities. The group has a business presence in Mainland China and other countries, of which maximum revenue is derived from Mainland China.

Executives

Bournam Profits Limited
Chen Chang

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) Headlines

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