GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Xiaomi Corp (OTCPK:XIACF) » Definitions » Buildings And Improvements

Xiaomi (Xiaomi) Buildings And Improvements : $1,655 Mil (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Xiaomi Buildings And Improvements?

Xiaomi's quarterly buildings and improvements declined from Jun. 2023 ($1,446 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($1,655 Mil).

Xiaomi's annual buildings and improvements increased from Dec. 2021 ($875 Mil) to Dec. 2022 ($1,249 Mil) and increased from Dec. 2022 ($1,249 Mil) to Dec. 2023 ($1,655 Mil).


Xiaomi Buildings And Improvements Historical Data

The historical data trend for Xiaomi'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.

* Premium members only.

Xiaomi Buildings And Improvements Chart

Xiaomi Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only 564.46 845.97 875.45 1,248.54 1,654.51

Xiaomi Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only 1,248.54 - 1,446.16 - 1,654.51

Xiaomi 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.


Xiaomi (Xiaomi) Business Description

Industry
Traded in Other Exchanges
Address
Anningzhuang Road, Xiaomi Campus, Haidian District, Beijing, CHN
Xiaomi is a technology product and services company founded in early 2010, focusing mainly on smartphones and Internet of Things products and related internet services. An early adopter of online smartphone sales, Xiaomi uses Android as its operating system but has its own customized user interface called MIUI. As competition in its home Chinese smartphone market intensified and growth has slowed, it has expanded into other markets and has become the smartphone market leader in India and is gaining market share in Europe. From 2020 to 2022, from a country perspective, around 50% of its overall revenue was generated in mainland China, down from 94% in 2015. The company listed on the Hong Kong market at the beginning of July 2018.