Rare Earth Magnesium Technology Group Holdings (STU:GPS) Accumulated Depreciation : €-123.26 Mil (As of Dec. 2023)

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What is Rare Earth Magnesium Technology Group Holdings Accumulated Depreciation?

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

Rare Earth Magnesium Technology Group Holdings's quarterly accumulated depreciation declined from Dec. 2022 (€-94.91 Mil) to Jun. 2023 (€0.00 Mil) but then increased from Jun. 2023 (€0.00 Mil) to Dec. 2023 (€-123.26 Mil).

Rare Earth Magnesium Technology Group Holdings's annual accumulated depreciation increased from Dec. 2021 (€-74.62 Mil) to Dec. 2022 (€-94.91 Mil) and increased from Dec. 2022 (€-94.91 Mil) to Dec. 2023 (€-123.26 Mil).

Rare Earth Magnesium Technology Group Holdings Accumulated Depreciation Historical Data

The historical data trend for Rare Earth Magnesium Technology Group 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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Rare Earth Magnesium Technology Group Holdings Accumulated Depreciation Chart

Rare Earth Magnesium Technology Group Holdings Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-29.27

-39.42

-74.62

-94.91

-123.26

Rare Earth Magnesium Technology Group Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial															-74.62	-	-94.91	-	-123.26

Rare Earth Magnesium Technology Group 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.

Rare Earth Magnesium Technology Group Holdings Accumulated Depreciation Related Terms

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Rare Earth Magnesium Technology Group Holdings (STU:GPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rare Earth Magnesium Technology Group Holdings Ltd (STU:GPS) » Definitions » Accumulated Depreciation

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Traded in Other Exchanges

00601:Hong Kong

Address

The Gateway, 16th Floor, Tower 5, Tsim Sha Tsui, Kowloon, Harbour city, Hong Kong, HKG

Website

http://www.remt.com.hk

Rare Earth Magnesium Technology Group Holdings Ltd is to develop, produce and sell magnesium alloy series products. The company is principally engaged in one single segment, which is manufacturing and selling magnesium-related products. The company's products include magnesium ingots, semi-coke, and ferroalloy. Geographically, it derives the majority of its revenue from Mainland China and also has a presence in Europe.