Geotech Holdings (HKSE:01707) Buildings And Improvements : HK$2.3 Mil (As of Dec. 2023)

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What is Geotech Holdings Buildings And Improvements?

Geotech Holdings's quarterly buildings and improvements stayed the same from Dec. 2022 (HK$0.3 Mil) to Jun. 2023 (HK$0.3 Mil) but then increased from Jun. 2023 (HK$0.3 Mil) to Dec. 2023 (HK$2.3 Mil).

Geotech Holdings's annual buildings and improvements declined from Dec. 2021 (HK$2.1 Mil) to Dec. 2022 (HK$0.3 Mil) but then increased from Dec. 2022 (HK$0.3 Mil) to Dec. 2023 (HK$2.3 Mil).

Geotech Holdings Buildings And Improvements Historical Data

The historical data trend for Geotech Holdings'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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Geotech Holdings Buildings And Improvements Chart

Geotech Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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2.76

2.88

2.12

0.31

2.30

Geotech Holdings Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Buildings And Improvements	Get a 7-Day Free Trial												2.12	1.73	0.31	0.31	2.30

Geotech Holdings 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.

Geotech Holdings (HKSE:01707) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Geotech Holdings Ltd (HKSE:01707) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Queen’s Road Central, Unit 1920, 19th Floor, Cheung Kong Center, Central, Hong Kong, HKG

Website

https://www.geotech.hk

Geotech Holdings Ltd is an investment holding company. The firm is engaged in the provision of construction and engineering services and property-related services. It is principally engaged in the slope works in Hong Kong as the main contractor. It mainly operates in two segments; Construction and engineering services and Property-related services. The group undertakes slope works as the main contractor and undertakes ground investigation field works as a subcontractor. It derives the majority of its revenue from Hong Kong. The Construction and engineering services segment derives key revenue for the firm.

Executives

Chen Zhi	2201 Interest of corporation controlled by you
Star Merit Global Limited	2101 Beneficial owner
Cheung Ting Kam	2201 Interest of corporation controlled by you

Geotech Holdings (HKSE:01707) Headlines

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