SP New Energy (PHS:SPNEC) Buildings And Improvements : ₱1.5 Mil (As of Mar. 2024)

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What is SP New Energy Buildings And Improvements?

SP New Energy's quarterly buildings and improvements increased from Sep. 2023 (₱0.0 Mil) to Dec. 2023 (₱1.5 Mil) but then stayed the same from Dec. 2023 (₱1.5 Mil) to Mar. 2024 (₱1.5 Mil).

SP New Energy's annual buildings and improvements stayed the same from Dec. 2020 (₱0.0 Mil) to Jun. 2022 (₱0.0 Mil) but then increased from Jun. 2022 (₱0.0 Mil) to Dec. 2023 (₱1.5 Mil).

SP New Energy Buildings And Improvements Historical Data

The historical data trend for SP New Energy'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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SP New Energy Buildings And Improvements Chart

SP New Energy Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Jun22

Dec23

Buildings And Improvements

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1.54

SP New Energy Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Buildings And Improvements	Get a 7-Day Free Trial									-	-	-	1.54	1.54

SP New Energy 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.

SP New Energy (PHS:SPNEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » SP New Energy Corp (PHS:SPNEC) » Definitions » Buildings And Improvements

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Traded in Other Exchanges

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Address

112 Legaspi Street, Legaspi Village, Brgy. San Lorenzo, Makati, PHL, 1229

Website

https://www.spnec.ph

SP New Energy Corp is a renewable energy power generation company. The primary purpose is to construct, erect, assemble, commission, operate, and maintain power-generating plants, warehouses, terminals, and related facilities for the conversion of renewable energy into a usable form fit for electricity generation and distribution.

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