Huaming Power Equipment Co (SZSE:002270) Accumulated Depreciation

: ¥-433 Mil (As of Dec. 2023)

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

Huaming Power Equipment Co's quarterly accumulated depreciation declined from Jun. 2023 (¥-411 Mil) to Sep. 2023 (¥0 Mil) but then increased from Sep. 2023 (¥0 Mil) to Dec. 2023 (¥-433 Mil).

Huaming Power Equipment Co's annual accumulated depreciation increased from Dec. 2021 (¥-342 Mil) to Dec. 2022 (¥-388 Mil) and increased from Dec. 2022 (¥-388 Mil) to Dec. 2023 (¥-433 Mil).

Huaming Power Equipment Co Accumulated Depreciation Historical Data

The historical data trend for Huaming Power Equipment Co'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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Huaming Power Equipment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

-368.15

-302.63

-342.08

-387.57

-432.99

Huaming Power Equipment Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accumulated Depreciation																-387.57	-	-410.64	-	-432.99

Huaming Power Equipment Co 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.

Huaming Power Equipment Co Accumulated Depreciation Related Terms

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Huaming Power Equipment Co (SZSE:002270) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Huaming Power Equipment Co Ltd (SZSE:002270) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 977, Tongpu Road, Putuo District, Shanghai, CHN, 200333

Website

http://www.hmoltc.com

Huaming Power Equipment Co Ltd is a Chinese company operating in the tap changer industry. Its products are on-load and off-circuit tap changers for transformeThat motor drive unit, online oil filter and other accessories. The products offered by the company is used in power grids and energy sector, chemical, metallurgical and railway projects, among others. The company offers products in the categories of OLTC and DETC. OLTC includes products of conventional type, vacuum type, dry type and gas insulated type, whereas DETC covers products of cage type and drum type.

Huaming Power Equipment Co (SZSE:002270) Headlines

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