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China Education Group Holdings (HKSE:00839) Buildings And Improvements : HK$1,243 Mil (As of Aug. 2023)


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What is China Education Group Holdings Buildings And Improvements?

China Education Group Holdings's quarterly buildings and improvements declined from Aug. 2022 (HK$1,023 Mil) to Feb. 2023 (HK$0 Mil) but then increased from Feb. 2023 (HK$0 Mil) to Aug. 2023 (HK$1,243 Mil).

China Education Group Holdings's annual buildings and improvements increased from Aug. 2021 (HK$802 Mil) to Aug. 2022 (HK$1,023 Mil) and increased from Aug. 2022 (HK$1,023 Mil) to Aug. 2023 (HK$1,243 Mil).


China Education Group Holdings Buildings And Improvements Historical Data

The historical data trend for China Education Group 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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China Education Group Holdings Buildings And Improvements Chart

China Education Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Aug19 Aug20 Aug21 Aug22 Aug23
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only 438.52 603.93 801.56 1,023.40 1,242.73

China Education Group Holdings Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 801.56 - 1,023.40 - 1,242.73

China Education Group 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.


China Education Group Holdings (HKSE:00839) Business Description

Traded in Other Exchanges
Address
18 Harbour Road, Suite 6703–04, 67th Floor, Central Plaza, Wanchai, Hong Kong, HKG
China Education Group Holdings Ltd is a leading ultra-large-scale private education group in China with 30 years of experience in higher education operations. CEG's schools offer both higher vocational education and secondary vocational education. The school network spans domestic China and overseas. CEG also offers continuing education to full-time working adults. The group's total enrolled full-time students in China expanded more than 3 times over the last six years to about 248,000 as of August 2023. The rapid growth is primarily attributable to school acquisitions. CEG currently operates 14 schools, up from only 3 in 2017.

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