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China Oriental Group Co (China Oriental Group Co) Buildings And Improvements : $1,024 Mil (As of Dec. 2023)


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What is China Oriental Group Co Buildings And Improvements?

China Oriental Group Co's quarterly buildings and improvements declined from Dec. 2022 ($960 Mil) to Jun. 2023 ($2 Mil) but then increased from Jun. 2023 ($2 Mil) to Dec. 2023 ($1,024 Mil).

China Oriental Group Co's annual buildings and improvements increased from Dec. 2021 ($910 Mil) to Dec. 2022 ($960 Mil) and increased from Dec. 2022 ($960 Mil) to Dec. 2023 ($1,024 Mil).


China Oriental Group Co Buildings And Improvements Historical Data

The historical data trend for China Oriental Group Co's Buildings And Improvements 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 Buildings And Improvements Chart

China Oriental Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 666.97 875.91 909.86 960.45 1,023.92

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
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 909.86 0.92 960.45 1.87 1,023.92

China Oriental Group Co Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


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

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