Million Cities Holdings (HKSE:02892) Accumulated Depreciation : HK$-45.3 Mil (As of Dec. 2023)

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What is Million Cities Holdings Accumulated Depreciation?

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

Million Cities Holdings's quarterly accumulated depreciation declined from Dec. 2022 (HK$-40.4 Mil) to Jun. 2023 (HK$0.0 Mil) but then increased from Jun. 2023 (HK$0.0 Mil) to Dec. 2023 (HK$-45.3 Mil).

Million Cities Holdings's annual accumulated depreciation increased from Dec. 2021 (HK$-36.7 Mil) to Dec. 2022 (HK$-40.4 Mil) and increased from Dec. 2022 (HK$-40.4 Mil) to Dec. 2023 (HK$-45.3 Mil).

Million Cities Holdings Accumulated Depreciation Historical Data

The historical data trend for Million Cities 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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Million Cities Holdings Accumulated Depreciation Chart

Million Cities Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-19.34

-27.92

-36.69

-40.36

-45.29

Million Cities Holdings 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											-36.69	-	-40.36	-	-45.29

Million Cities 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.

Million Cities Holdings Accumulated Depreciation Related Terms

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Million Cities Holdings (HKSE:02892) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Million Cities Holdings Ltd (HKSE:02892) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

57 Ting Kok Road, Unit D, 21st Floor, Block 1, Tai Ping Industrial Centre, Tai Po New Territories, Hong Kong, HKG

Website

http://www.millioncities.com.cn

Million Cities Holdings Ltd is an investment holding company engaged in property development. The company generates revenues from the sale of properties and gross rentals from properties. It derives all of its revenues from China.

Executives

East Asia International Trustees Limited	2301 Trustee
Fortune Speed Investments Ltd.	2101 Beneficial owner
Happy Family Assets Limited	2201 Interest of corporation controlled by you
Winnermax Management Limited	2201 Interest of corporation controlled by you
Wang Kam Chu	2202 Interest of your spouse
Wong Ting Chung	2305 Beneficiary of a trust
Tsoi Suet Ngai	2202 Interest of your spouse
Wong Ting Chun	2305 Beneficiary of a trust
Chan Ka Wai	2202 Interest of your spouse
Wong Ting Kau	2305 Beneficiary of a trust
Lau Ka Keung	2202 Interest of your spouse
Wong Wai Ling	2305 Beneficiary of a trust

Million Cities Holdings (HKSE:02892) Headlines

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