China Resources Beer (Holdings) Co (FRA:CHK) Buildings And Improvements : €1,498 Mil (As of Dec. 2024)

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What is China Resources Beer (Holdings) Co Buildings And Improvements?

China Resources Beer (Holdings) Co's quarterly buildings and improvements declined from Dec. 2023 (€1,340 Mil) to Jun. 2024 (€731 Mil) but then increased from Jun. 2024 (€731 Mil) to Dec. 2024 (€1,498 Mil).

China Resources Beer (Holdings) Co's annual buildings and improvements increased from Dec. 2022 (€1,301 Mil) to Dec. 2023 (€1,340 Mil) and increased from Dec. 2023 (€1,340 Mil) to Dec. 2024 (€1,498 Mil).

China Resources Beer (Holdings) Co Buildings And Improvements Historical Data

The historical data trend for China Resources Beer (Holdings) Co's Buildings And Improvements 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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China Resources Beer (Holdings) Co Buildings And Improvements Chart

China Resources Beer (Holdings) Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Buildings And Improvements

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1,318.74

1,452.00

1,301.37

1,339.63

1,497.68

China Resources Beer (Holdings) Co Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Buildings And Improvements	Get a 7-Day Free Trial															1,301.37	668.79	1,339.63	731.19	1,497.68

China Resources Beer (Holdings) Co Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

China Resources Beer (Holdings) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » China Resources Beer (Holdings) Co Ltd (FRA:CHK) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

CRHKY:USA CRHKF:USA 00291:Hong Kong CHK:Germany

Address

No. 26 Harbour Road, Room 2301 and 2310, 23rd Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.crbeer.com.hk

China Resources Beer, or CR Beer, was originally a conglomerate enterprise with operations across retail, beer, food and beverage sectors. In September 2015, the company disposed of all its non-beer businesses and became a pure beer producer. Through a series of mergers and acquisitions, the company achieved its leadership position in China's beer industry. Amid the premiumization trend in the domestic beer market, CR beer acquired Heineken China in 2019, which allows CR Beer access to a premium international brand and also leverages its sophisticated distribution network to grow Heineken's sales and market share. CR Beer is now China's largest brewer, with a volume share of about 26%, versus 15% of Tsingtao and 19% of Budweiser APAC, based on Euromonitor data.

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