WLGSF (WANG & LEE Group) Accumulated Depreciation: $-0.05 Mil (As of Dec. 2024)

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 WANG & LEE Group Accumulated Depreciation?

WANG & LEE Group WLGSF Accumulated Depreciation is $-0.05 Mil as of Dec. 2024.

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. 2023 ($-0.07 Mil) to Jun. 2024 ($0.00 Mil) but then increased from Jun. 2024 ($0.00 Mil) to Dec. 2024 ($-0.05 Mil).

WANG & LEE Group's annual accumulated depreciation increased from Dec. 2022 ($-0.06 Mil) to Dec. 2023 ($-0.07 Mil) but then stayed the same from Dec. 2023 ($-0.07 Mil) to Dec. 2024 ($-0.05 Mil).

WANG & LEE Group Accumulated Depreciation Related Terms

WANG & LEE Group Accumulated Depreciation Historical Data

* Premium members only.

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.

WANG & LEE Group Accumulated Depreciation Chart

WANG & LEE Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Accumulated Depreciation
-0.05 -0.06 -0.06 -0.07 -0.05

WANG & LEE Group Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only -0.06 0.00 -0.07 0.00 -0.05

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.

What does a Accumulated Depreciation of $-0.05 Mil mean?
WANG & LEE Group (WLGSF) has a Accumulated Depreciation of $-0.05 Mil as of Dec. 2024. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on WANG & LEE Group and its competitors.
Is WANG & LEE Group's Accumulated Depreciation too high?
WANG & LEE Group's current Accumulated Depreciation is $-0.05 Mil.
How does WANG & LEE Group's Accumulated Depreciation compare to PWR and FIX?
WANG & LEE Group's Accumulated Depreciation of $-0.05 Mil can be compared against companies in the Construction 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 Construction company?
A good Accumulated Depreciation depends on the Construction 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 WANG & LEE Group and its competitors. WANG & LEE Group's current Accumulated Depreciation is $-0.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WANG & LEE Group stock overvalued right now?
WANG & LEE Group (WLGSF) has a current Accumulated Depreciation of $-0.05 Mil. The current Accumulated Depreciation is $-0.05 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 WANG & LEE Group (WLGSF), the current Accumulated Depreciation is $-0.05 Mil as of Dec. 2024. 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.

WANG & LEE Group Business Description

Address 3 Tai Yip Street, 5th & 6th Floor, Wing Tai Factory Building, Kwun Tong, Kowloon, Hong Kong, HKG
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 provides contract engineering, installation, and out-fitting of the following products and services: low voltage electrical systems, mechanical ventilation and air-conditioning systems (MVAC), fire safety systems, water supply and sewage disposal systems, and site project management.