Qingdao Port International Co (HKSE:06198) Buildings And Improvements : HK$1,644 Mil (As of Dec. 2023)

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What is Qingdao Port International Co Buildings And Improvements?

Qingdao Port International Co's quarterly buildings and improvements declined from Jun. 2023 (HK$1,622 Mil) to Sep. 2023 (HK$0 Mil) but then increased from Sep. 2023 (HK$0 Mil) to Dec. 2023 (HK$1,644 Mil).

Qingdao Port International Co's annual buildings and improvements declined from Dec. 2021 (HK$1,626 Mil) to Dec. 2022 (HK$1,555 Mil) but then increased from Dec. 2022 (HK$1,555 Mil) to Dec. 2023 (HK$1,644 Mil).

Qingdao Port International Co Buildings And Improvements Historical Data

The historical data trend for Qingdao Port International Co'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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Qingdao Port International Co Buildings And Improvements Chart

Qingdao Port International Co Annual Data

Trend

Dec14

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Dec20

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Dec22

Dec23

Buildings And Improvements

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912.95

1,177.14

1,626.01

1,554.68

1,644.21

Qingdao Port International Co Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Buildings And Improvements	Get a 7-Day Free Trial															-	1,554.68	1,621.52	-	1,644.21

Qingdao Port International Co 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.

Qingdao Port International Co (HKSE:06198) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Qingdao Port International Co Ltd (HKSE:06198) » Definitions » Buildings And Improvements

Traded in Other Exchanges

0QP:Germany 601298:China

Address

No. 12 Jingba Road, Huangdao District, Shangdong Province, Qingdao, CHN, 266011

Website

https://www.qingdao-port.com

Qingdao Port International Co Ltd is a Chinese company that acts as an operator of the Port of Qingdao. It provides a range of port-related services including basic port services such as stevedoring and storage services, ancillary and extended services such as logistics and financing-related services. The company has six operating segments; container handling and ancillary services, metal ore, coal, and other cargo handling and ancillary services, liquid bulk handling and ancillary services, logistics and port value-added services, port ancillary services, and financial services. It derives a majority of its revenue from the logistics and port value-added services segment followed by metal ore, coal, and other cargo handling segment and liquid bulk handling and ancillary services segment.

Qingdao Port International Co (HKSE:06198) Headlines

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