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Qilu Expressway Company (HKSE:01576) Accumulated Depreciation : HK$-472 Mil (As of Dec. 2023)


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What is Qilu Expressway Company Accumulated Depreciation?

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

Qilu Expressway Company's quarterly accumulated depreciation declined from Dec. 2022 (HK$-422 Mil) to Jun. 2023 (HK$0 Mil) but then increased from Jun. 2023 (HK$0 Mil) to Dec. 2023 (HK$-472 Mil).

Qilu Expressway Company's annual accumulated depreciation increased from Dec. 2021 (HK$-397 Mil) to Dec. 2022 (HK$-422 Mil) and increased from Dec. 2022 (HK$-422 Mil) to Dec. 2023 (HK$-472 Mil).


Qilu Expressway Company Accumulated Depreciation Historical Data

The historical data trend for Qilu Expressway Company'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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Qilu Expressway Company Accumulated Depreciation Chart

Qilu Expressway Company Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only -214.70 -326.82 -397.28 -421.68 -472.44

Qilu Expressway Company Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accumulated Depreciation 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 -397.28 - -421.68 - -472.44

Qilu Expressway Company 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.


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Qilu Expressway Company (HKSE:01576) Business Description

Traded in Other Exchanges
N/A
Address
No. 7000, Jingshi East Road, Zone 3, Hanyu Financial & Business Centre, Room 2301, Block 4, High-tech Zone, Shandong Province, Jinan, CHN
Qilu Expressway Company Ltd is an expressway operator in Shandong province with the concession rights to construct, maintain, operate and management of the Jihe Expressway, the Deshang Expressway and the Shennan Expressway. It has only one reportable segment, Expressway Business. Its operations are located in Mainland China.

Qilu Expressway Company (HKSE:01576) Headlines

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