Ares Asia (HKSE:00645) Buildings And Improvements : HK$2.21 Mil (As of Sep. 2024)

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What is Ares Asia Buildings And Improvements?

Ares Asia's quarterly buildings and improvements increased from Sep. 2023 (HK$0.00 Mil) to Mar. 2024 (HK$0.25 Mil) and increased from Mar. 2024 (HK$0.25 Mil) to Sep. 2024 (HK$2.21 Mil).

Ares Asia's annual buildings and improvements increased from Mar. 2022 (HK$8.32 Mil) to Mar. 2023 (HK$8.35 Mil) but then declined from Mar. 2023 (HK$8.35 Mil) to Mar. 2024 (HK$0.25 Mil).

Ares Asia Buildings And Improvements Historical Data

The historical data trend for Ares Asia'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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Ares Asia Buildings And Improvements Chart

Ares Asia Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Buildings And Improvements

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3.72

8.32

8.35

0.25

Ares Asia Semi-Annual Data
	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25
Buildings And Improvements	Get a 7-Day Free Trial															8.35	-	0.25	2.21	-

Ares Asia 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.

Ares Asia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Ares Asia Ltd (HKSE:00645) » Definitions » Buildings And Improvements

Traded in Other Exchanges

N/A

Address

1 Austin Road West, Unit No. 9608, Level 96, International Commerce Centre, Kowloon, Hong Kong, HKG

Website

http://www.aresasialtd.com

Ares Asia Ltd is an investment holding company. The group is principally engaged in the business of coal trading, entailing the selling of coal purchased from various countries to Mainland China and other commodities trading, which encompasses supply chain management and risk management service. Its business falls under the primary segment of Coal and other trading. Geographically, the group has a business presence in Mainland China, Hong Kong, and other countries, of which maximum revenue is derived from Mainland China.

Executives

Reignwood International Holdings Company Limited	2101 Beneficial owner
Ruayrungruang Chanchai	2201 Interest of corporation controlled by you

Ares Asia Headlines

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