Shandong Liancheng Precision Manufacturing Co (SZSE:002921) Accumulated Depreciation : ¥-529 Mil (As of Dec. 2023)

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What is Shandong Liancheng Precision Manufacturing Co Accumulated Depreciation?

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

Shandong Liancheng Precision Manufacturing Co's quarterly accumulated depreciation declined from Jun. 2023 (¥-505 Mil) to Sep. 2023 (¥0 Mil) but then increased from Sep. 2023 (¥0 Mil) to Dec. 2023 (¥-529 Mil).

Shandong Liancheng Precision Manufacturing Co's annual accumulated depreciation increased from Dec. 2021 (¥-447 Mil) to Dec. 2022 (¥-474 Mil) and increased from Dec. 2022 (¥-474 Mil) to Dec. 2023 (¥-529 Mil).

Shandong Liancheng Precision Manufacturing Co Accumulated Depreciation Historical Data

The historical data trend for Shandong Liancheng Precision Manufacturing Co'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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Shandong Liancheng Precision Manufacturing Co Accumulated Depreciation Chart

Shandong Liancheng Precision Manufacturing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-380.05

-407.83

-447.50

-474.18

-528.76

Shandong Liancheng Precision Manufacturing Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial															-474.18	-	-504.57	-	-528.76

Shandong Liancheng Precision Manufacturing Co 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.

Shandong Liancheng Precision Manufacturing Co Accumulated Depreciation Related Terms

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Shandong Liancheng Precision Manufacturing Co (SZSE:002921) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shandong Liancheng Precision Manufacturing Co Ltd (SZSE:002921) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Chuangye Road, Economic Development Zone, Yanzhou, CHN, 272100

Website

http://www.lmc-ind.com

Shandong Liancheng Precision Manufacturing Co Ltd is a China-based company, engages in the development, design, production, and sales of precision castings, such as high-strength ductile iron and aluminum alloy castings. Its main products are automobile pump shell, frame, flange, damping wheel/ring, oil pump shell and others. Its products are used in passenger cars, commercial vehicles, diesel engines, construction machinery, commercial compressors, hydraulic machinery and other industries or fields.

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