NOEC (New Oriental Energy & Chemical) Accumulated Depreciation: $-14.32 Mil (As of Dec. 2010)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is New Oriental Energy & Chemical Accumulated Depreciation?

New Oriental Energy & Chemical NOEC -99.00% Accumulated Depreciation is $-14.32 Mil as of Dec. 2010.

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

New Oriental Energy & Chemical's quarterly accumulated depreciation increased from Jun. 2010 ($-12.70 Mil) to Sep. 2010 ($-13.51 Mil) and increased from Sep. 2010 ($-13.51 Mil) to Dec. 2010 ($-14.32 Mil).

New Oriental Energy & Chemical's annual accumulated depreciation increased from Mar. 2008 ($-6.58 Mil) to Mar. 2009 ($-9.44 Mil) and increased from Mar. 2009 ($-9.44 Mil) to Mar. 2010 ($-12.01 Mil).

New Oriental Energy & Chemical Accumulated Depreciation Related Terms

New Oriental Energy & Chemical Accumulated Depreciation Historical Data

* Premium members only.

The historical data trend for New Oriental Energy & Chemical'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.

New Oriental Energy & Chemical Accumulated Depreciation Chart

New Oriental Energy & Chemical Annual Data
Trend Dec05 Mar07 Mar08 Mar09 Mar10
Accumulated Depreciation
0.00 -3.93 -6.58 -9.44 -12.01

New Oriental Energy & Chemical Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.37 -12.01 -12.70 -13.51 -14.32

New Oriental Energy & Chemical 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.

What does a Accumulated Depreciation of $-14.32 Mil mean?
New Oriental Energy & Chemical (NOEC) has a Accumulated Depreciation of $-14.32 Mil as of Dec. 2010. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on New Oriental Energy & Chemical and its competitors.
Is New Oriental Energy & Chemical's Accumulated Depreciation too high?
New Oriental Energy & Chemical's current Accumulated Depreciation is $-14.32 Mil.
How does New Oriental Energy & Chemical's Accumulated Depreciation compare to RTKHQ and LBTD?
New Oriental Energy & Chemical's Accumulated Depreciation of $-14.32 Mil can be compared against companies in the Agriculture industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for an Agriculture company?
A good Accumulated Depreciation depends on the Agriculture industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on New Oriental Energy & Chemical and its competitors. New Oriental Energy & Chemical's current Accumulated Depreciation is $-14.32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Oriental Energy & Chemical stock overvalued right now?
New Oriental Energy & Chemical (NOEC) has a current Accumulated Depreciation of $-14.32 Mil. The current Accumulated Depreciation is $-14.32 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For New Oriental Energy & Chemical (NOEC), the current Accumulated Depreciation is $-14.32 Mil as of Dec. 2010. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

New Oriental Energy & Chemical Business Description

Address Xicheng Industrial Zone of Luoshan, Xinyang, Henan Province, CHN, 464200
New Oriental Energy & Chemical Corporation, through its subsidiary, is engaged in the manufacture and distribution of fertilizer and chemical products in the People's Republic of China.