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Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.
Shang Properties's quarterly accumulated depreciation
increased
from Dec. 2025 (₱-7,307 Mil) to Mar. 2026 (₱-7,401 Mil) and
increased
from Mar. 2026 (₱-7,401 Mil) to Jun. 2026 (₱-7,496 Mil).
Shang Properties's annual accumulated depreciation
increased
from Dec. 2023 (₱-6,534 Mil) to Dec. 2024 (₱-6,918 Mil) and
increased
from Dec. 2024 (₱-6,918 Mil) to Dec. 2025 (₱-7,307 Mil).
Shang Properties Accumulated Depreciation Related Terms
Shang Properties Accumulated Depreciation Historical Data
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The historical data trend for Shang Properties'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.
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 ₱-7,496 Mil mean?
Shang Properties (PHS:SHNG) has a Accumulated Depreciation of ₱-7,496 Mil as of Jun. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Shang Properties and its competitors.
Is Shang Properties' Accumulated Depreciation too high?
Shang Properties' current Accumulated Depreciation is ₱-7,496 Mil. Overall, Shang Properties has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shang Properties' Accumulated Depreciation compare to competitors?
Shang Properties' Accumulated Depreciation of ₱-7,496 Mil can be compared against companies in the Real Estate 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 a Real Estate company?
A good Accumulated Depreciation depends on the Real Estate 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 Shang Properties and its competitors. Shang Properties's current Accumulated Depreciation is ₱-7,496 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shang Properties stock overvalued right now?
Based on GuruFocus' analysis, Shang Properties (PHS:SHNG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱4.45, compared to a current price of ₱3.27 — trading 26.5% below its estimated fair value. The current Accumulated Depreciation is ₱-7,496 Mil. Shang Properties' overall GF Score™ is 79/100 with 4 warning signs to review. 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 Shang Properties (PHS:SHNG), the current Accumulated Depreciation is ₱-7,496 Mil as of Jun. 2026. 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.
Is Shang Properties (PHS:SHNG) Overvalued in 2026?
Based on GuruFocus' analysis, Shang Properties stock appears to be undervalued.
The current stock price of ₱3.27 is trading 26.5% below its estimated GF Value™ of ₱4.45.
GuruFocus considers Shang Properties to be Modestly Undervalued.
Key valuation signals for PHS:SHNG:
Accumulated Depreciation: ₱-7,496 Mil
GF Value™: ₱4.45 vs. price of ₱3.27 (26.5% below fair value)
No single metric tells the full story. See the PHS:SHNG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shang Properties Inc is to acquire, own, develop, subdivide, sell, mortgage, exchange, lease or hold for investment, real properties of all kinds. The company has three segments Property development, Hotel operations, Leasing. The company generates majority of revenue from Property development segment.
79GF Score
Get the complete analysis for PHS:SHNG
Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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