7 Days Group Holdings (FRA:7DHA) Accumulated Depreciation : €0.0 Mil (As of Mar. 2013)

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What is 7 Days Group Holdings Accumulated Depreciation?

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

7 Days Group Holdings's annual accumulated depreciation increased from Dec. 2010 (€-49.0 Mil) to Dec. 2011 (€-78.3 Mil) and increased from Dec. 2011 (€-78.3 Mil) to Dec. 2012 (€-117.5 Mil).

7 Days Group Holdings Accumulated Depreciation Historical Data

The historical data trend for 7 Days Group Holdings'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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7 Days Group Holdings Accumulated Depreciation Chart

7 Days Group Holdings Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Accumulated Depreciation

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-13.33

-26.57

-48.95

-78.31

-117.47

7 Days Group Holdings Quarterly Data
	Dec08	Sep09	Dec09	Mar10	Jun10	Sep10	Mar11	Jun11	Sep11	Mar12	Jun12	Sep12	Dec12	Mar13
Accumulated Depreciation	Get a 7-Day Free Trial									-	-	-	-	-

7 Days Group Holdings 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.

7 Days Group Holdings Accumulated Depreciation Related Terms

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7 Days Group Holdings (FRA:7DHA) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » 7 Days Group Holdings Ltd (FRA:7DHA) » Definitions » Accumulated Depreciation

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7 Days Group Holdings Limited was incorporated as a limited liability Company in the Cayman Islands on October 25, 2004. The Company and its subsidiaries operate economy hotels in the People's Republic of China ('PRC') under the brand name '7 Days Inn'. The Group leases real estate properties on which it develops and operates hotels, and also licenses the '7 Days Inn' brand to hotel owners and manages these hotels. The former type of hotels is referred to as 'leased-and-operated hotels' and the latter type of hotels is referred to as 'managed hotels'. As of December 31, 2012, the Company has 1,345 operating hotels that are located in 208 cities in the PRC, 853 of which are managed hotels, with 133,497 hotel rooms in 208 cities, and an additional 223 hotels with 20,368 hotel rooms under conversion. Its eCommerce platform, supported by IT system, allows its guests to make reservations through various electronic reservation channels, receive confirmations and make payments in real-time. By leveraging its eCommerce platform, 7 Days Club and IT system, the Company plans to continue to manage its business, enhance customer loyalty and grow number of hotels and hotel rooms. It currently competes with national economy hotel chains, such as Home Inns & Hotels Management, Jinjiang Inn Co., Ltd., and China Lodging Group, Limited, based on scale and national coverage. The hotel industry in China is subject to a number of laws and regulations, including laws and regulations relating specifically to hotel operation and management and commercial franchising, as well as those relating to environmental and consumer protection.

7 Days Group Holdings (FRA:7DHA) Headlines

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