Mingteng International (Mingteng International) Accumulated Depreciation : $-1.23 Mil (As of Dec. 2023)

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What is Mingteng International Accumulated Depreciation?

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

Mingteng International's quarterly accumulated depreciation increased from Dec. 2022 ($-0.85 Mil) to Jun. 2023 ($-1.01 Mil) and increased from Jun. 2023 ($-1.01 Mil) to Dec. 2023 ($-1.23 Mil).

Mingteng International's annual accumulated depreciation increased from Dec. 2021 ($-0.65 Mil) to Dec. 2022 ($-0.85 Mil) and increased from Dec. 2022 ($-0.85 Mil) to Dec. 2023 ($-1.23 Mil).

Mingteng International Accumulated Depreciation Historical Data

The historical data trend for Mingteng International'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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Mingteng International Accumulated Depreciation Chart

Mingteng International Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

-0.47

-0.65

-0.85

-1.23

Mingteng International Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial			-0.65	-0.73	-0.85	-1.01	-1.23

Mingteng International 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.

Mingteng International Accumulated Depreciation Related Terms

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Mingteng International (Mingteng International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mingteng International Corp Inc (NAS:MTEN) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lvhua Village, Luoshe Town, Huishan District, Jiangsu Province, Wuxi, CHN, 214189

Website

Mingteng International Corp Inc operates as an automotive mold developer and supplier in China. It provides a wide range of products including casting molds for turbocharger systems, braking systems, steering and differential system, and other automotive system parts. Besides, it also produces molds for new energy electric vehicle motor drive systems, battery pack systems, and engineering hydraulic components, which are widely used in automobile, construction machinery, and other manufacturing industries.

Mingteng International (Mingteng International) Headlines

From GuruFocus

Mingteng International Corporation Inc. Announces Pricing of Initial Public Offering

By Marketwired • 04-18-2024