CLP Holdings (HKSE:00002) Accumulated Depreciation : HK$-130,159 Mil (As of Dec. 2023)

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What is CLP Holdings Accumulated Depreciation?

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

CLP Holdings's quarterly accumulated depreciation increased from Dec. 2022 (HK$-123,799 Mil) to Jun. 2023 (HK$-126,621 Mil) and increased from Jun. 2023 (HK$-126,621 Mil) to Dec. 2023 (HK$-130,159 Mil).

CLP Holdings's annual accumulated depreciation declined from Dec. 2021 (HK$-125,837 Mil) to Dec. 2022 (HK$-123,799 Mil) but then increased from Dec. 2022 (HK$-123,799 Mil) to Dec. 2023 (HK$-130,159 Mil).

CLP Holdings Accumulated Depreciation Historical Data

The historical data trend for CLP 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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CLP Holdings Accumulated Depreciation Chart

CLP Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-112,067.00

-120,087.00

-125,837.00

-123,799.00

-130,159.00

CLP 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															-125,837.00	-122,139.00	-123,799.00	-126,621.00	-130,159.00

CLP 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.

CLP Holdings Accumulated Depreciation Related Terms

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CLP Holdings (HKSE:00002) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CLP Holdings Ltd (HKSE:00002) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

CLPHY:USA CLPHF:USA CLP:Germany

Address

8 Laguna Verde Avenue, Hung Hom, Kowloon, Hong Kong, HKG

Website

https://www.clpgroup.com

CLP Holdings is the larger of the two electric utility companies in Hong Kong, serving 80% of the city population. It generates, transmits and distributes electricity to about 2.6 million customers in Kowloon and the New Territories through its wholly owned network. The business is regulated by the Hong Kong government with a permitted return on net fixed asset of 8.00%. Besides Hong Kong, the company has expanded its reach overseas, with generation and retail assets in Australia and generation assets in China, India, Taiwan, and Southeast Asia. Its Hong Kong activities made up more than 80% of recurring net profit in 2021.

CLP Holdings (HKSE:00002) Headlines

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