Minsheng Education Group Co (HKSE:01569) Accumulated Depreciation : HK$-1,648 Mil (As of Dec. 2024)

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What is Minsheng Education Group Co Accumulated Depreciation?

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

Minsheng Education Group Co's quarterly accumulated depreciation declined from Dec. 2023 (HK$-1,524 Mil) to Jun. 2024 (HK$0 Mil) but then increased from Jun. 2024 (HK$0 Mil) to Dec. 2024 (HK$-1,648 Mil).

Minsheng Education Group Co's annual accumulated depreciation increased from Dec. 2022 (HK$-1,398 Mil) to Dec. 2023 (HK$-1,524 Mil) and increased from Dec. 2023 (HK$-1,524 Mil) to Dec. 2024 (HK$-1,648 Mil).

Minsheng Education Group Co Accumulated Depreciation Historical Data

The historical data trend for Minsheng Education Group 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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Minsheng Education Group Co Accumulated Depreciation Chart

Minsheng Education Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accumulated Depreciation

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-1,139.15

-1,356.52

-1,398.40

-1,523.87

-1,647.74

Minsheng Education Group Co Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accumulated Depreciation	Get a 7-Day Free Trial															-1,398.40	-	-1,523.87	-	-1,647.74

Minsheng Education Group 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.

Minsheng Education Group Co Accumulated Depreciation Related Terms

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Minsheng Education Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Minsheng Education Group Co Ltd (HKSE:01569) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.8 Jinze West Road, Floor 6, United Shanxi Merchants Tower, Fengtai District, Beijing, CHN, 100070

Website

http://www.minshengedu.com

Minsheng Education Group Co Ltd is an investment holding company that provides educational services in China through its subsidiary. The company operates several schools in China, including the Chongqing College of Humanities, Science, and Technology, Pass College of Chongqing Technology and Business University, Chongqing Vocational College of Applied Technology, and Others. Additionally, the company has invested in Beacon International College in Singapore and Hong Kong Nang Yan College of Higher Education in Hong Kong. The company is organized into two business units based on their services: on-campus education and online education, which are the two reportable operating segments. The on-campus education segment derives maximum revenue. Majority of the revenue is generated from PRC.

Executives

Li Xuechun	2201 Interest of corporation controlled by you
Min Sheng Ji Tuan You Xian Gong Si	2101 Beneficial owner
Li Xuechun	2201 Interest of corporation controlled by you
Pacific Climax Limited	2201 Interest of corporation controlled by you
Shen Zhen Hua Qiao Cheng Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Hua Qiao Cheng Ya Zhou Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Hua Qiao Cheng Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Hua Chang Guo Ji You Xian Gong Si	2101 Beneficial owner
Hua Qin Fa Zhan You Xian Gong Si	2201 Interest of corporation controlled by you
Xiang Gang Hua Qiao Cheng You Xian Gong Si	2201 Interest of corporation controlled by you

Minsheng Education Group Co Headlines

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