WANG & LEE Group (WANG & LEE Group) Accumulated Depreciation : $-0.07 Mil (As of Dec. 2023)

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What is WANG & LEE Group Accumulated Depreciation?

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

WANG & LEE Group's quarterly accumulated depreciation declined from Dec. 2022 ($-0.06 Mil) to Jun. 2023 ($0.00 Mil) but then increased from Jun. 2023 ($0.00 Mil) to Dec. 2023 ($-0.07 Mil).

WANG & LEE Group's annual accumulated depreciation increased from Dec. 2021 ($-0.06 Mil) to Dec. 2022 ($-0.06 Mil) and increased from Dec. 2022 ($-0.06 Mil) to Dec. 2023 ($-0.07 Mil).

WANG & LEE Group Accumulated Depreciation Historical Data

The historical data trend for WANG & LEE Group'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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WANG & LEE Group Accumulated Depreciation Chart

WANG & LEE Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

-0.05

-0.06

-0.07

WANG & LEE Group Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial			-0.06	-0.06	-0.06	-	-0.07

WANG & LEE Group 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.

WANG & LEE Group Accumulated Depreciation Related Terms

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WANG & LEE Group (WANG & LEE Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » WANG & LEE Group Inc (NAS:WLGS) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Tai Yip Street, 5th Floor, Wing Tai Factory Building, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.wangnlee.com.hk

WANG & LEE Group Inc operates as an investment holding company. The firm conducts its primary operations through its indirectly wholly owned subsidiary WANG and LEE CONTRACTING LIMITED (WLHK). WLHK provides contract engineering, installation, and out-fitting of the following products and services: low voltage (220v/phase 1 or 380v/phase 3) electrical systems, mechanical ventilation and air-conditioning systems (MVAC), fire safety systems, and water supply and sewage disposal systems.

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