Harbin Electric Co (HKSE:01133) Accumulated Depreciation : HK$-10,260 Mil (As of Dec. 2023)

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What is Harbin Electric Co Accumulated Depreciation?

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

Harbin Electric Co's quarterly accumulated depreciation declined from Dec. 2022 (HK$-11,220 Mil) to Jun. 2023 (HK$-11,178 Mil) but then stayed the same from Jun. 2023 (HK$-11,178 Mil) to Dec. 2023 (HK$-10,260 Mil).

Harbin Electric Co's annual accumulated depreciation declined from Dec. 2021 (HK$-11,657 Mil) to Dec. 2022 (HK$-11,220 Mil) but then stayed the same from Dec. 2022 (HK$-11,220 Mil) to Dec. 2023 (HK$-10,260 Mil).

Harbin Electric Co Accumulated Depreciation Historical Data

The historical data trend for Harbin Electric Co'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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Harbin Electric Co Accumulated Depreciation Chart

Harbin Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-9,475.22

-10,666.23

-11,656.83

-11,219.54

-10,259.90

Harbin Electric Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial															-11,656.83	-	-11,219.54	-11,178.11	-10,259.90

Harbin Electric Co 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.

Harbin Electric Co Accumulated Depreciation Related Terms

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Harbin Electric Co (HKSE:01133) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Harbin Electric Co Ltd (HKSE:01133) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

HP6H:Germany

Address

1399 Chuangxinyi Road, Songbei District, Heilongjiang Province, Harbin, CHN, 150028

Website

https://www.hpec.com

Harbin Electric Co Ltd is a China-based manufacturer of power plant equipment. The company operates in six segments: Thermal power equipment, Hydropower equipment, Power station engineering services, Power station auxiliary equipment and ancillary products, Nuclear products, AC & DC motors, and others. Some of its products are grade boilers, steam turbines, steam turbine generators, voltage stabilizers, gasifiers, nuclear main pump motors, passive surplus drains, petrochemical vessels & axial fans, and power station auxiliary equipment. Its geographical segments are China, which accounts for the majority of revenue; Pakistan; the United Arab Emirates; Ecuador; Iraq; and other countries.

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