Lonking Holdings (Lonking Holdings) Accumulated Depreciation : $-603 Mil (As of Dec. 2023)

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What is Lonking Holdings Accumulated Depreciation?

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

Lonking Holdings's quarterly accumulated depreciation declined from Dec. 2022 ($-586 Mil) to Jun. 2023 ($0 Mil) but then increased from Jun. 2023 ($0 Mil) to Dec. 2023 ($-603 Mil).

Lonking Holdings's annual accumulated depreciation declined from Dec. 2021 ($-602 Mil) to Dec. 2022 ($-586 Mil) but then increased from Dec. 2022 ($-586 Mil) to Dec. 2023 ($-603 Mil).

Lonking Holdings Accumulated Depreciation Historical Data

The historical data trend for Lonking 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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Lonking Holdings Accumulated Depreciation Chart

Lonking Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-477.32

-554.07

-602.46

-586.12

-603.05

Lonking Holdings 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															-602.46	-	-586.12	-	-603.05

Lonking 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.

Lonking Holdings Accumulated Depreciation Related Terms

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Lonking Holdings (Lonking Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Lonking Holdings Ltd (OTCPK:LONKF) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

LKHLY:USA 03339:Hong Kong C9IB:Germany

Address

No. 26 Mingyi Road, Xinqiao, Songjiang Industrial, Shanghai, CHN, 201612

Website

https://www.lonking.cn

Lonking Holdings Ltd is a construction and logistics machinery manufacturers in China. It produces wheel loaders, excavators, road rollers, forklifts, and other heavy equipment. In addition, the company supplies individual components, including gearboxes, converters, axles, and hydraulic components. Lonking Holdings has three operating segments: Sale of construction machinery (majority of total revenue), Finance lease of construction machinery, and Financial investment. Used equipment and leasing solutions help extend offerings and pinpoint the correct solution for each customer. Trained technicians provide aftermarket services and parts to maximize equipment efficiency. The majority of sales are derived from China.

Lonking Holdings (Lonking Holdings) Headlines

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