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Ninetowns Internet Technology Group Co (FRA:NQU) Buildings And Improvements : €23.29 Mil (As of Dec. 2013)


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What is Ninetowns Internet Technology Group Co Buildings And Improvements?

Ninetowns Internet Technology Group Co's quarterly buildings and improvements declined from Dec. 2011 (€23.76 Mil) to Dec. 2012 (€23.69 Mil) and declined from Dec. 2012 (€23.69 Mil) to Dec. 2013 (€23.29 Mil).

Ninetowns Internet Technology Group Co's annual buildings and improvements declined from Dec. 2011 (€23.76 Mil) to Dec. 2012 (€23.69 Mil) and declined from Dec. 2012 (€23.69 Mil) to Dec. 2013 (€23.29 Mil).


Ninetowns Internet Technology Group Co Buildings And Improvements Historical Data

The historical data trend for Ninetowns Internet Technology Group 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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Ninetowns Internet Technology Group Co Buildings And Improvements Chart

Ninetowns Internet Technology Group Co Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.84 22.33 23.76 23.69 23.29

Ninetowns Internet Technology Group Co Semi-Annual Data
Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.84 22.33 23.76 23.69 23.29

Ninetowns Internet Technology Group 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.


Ninetowns Internet Technology Group Co Business Description

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Ninetowns Internet Technology Group Co Ltd was incorporated in the Cayman Islands as a limited liability company on February 8, 2002 as "Ninetowns Digital World Trade Technology Holdings Limited". It changed its name to "Ninetowns Digital World Trade One Technology Holdings Limited" on June 14, 2002 and then to "Ninetowns Digital World Trade Holdings Limited" on April 7, 2003. The Company is a PRC software company that enables enterprises and trade-related PRC government agencies to streamline the import/export process in China. Its enterprise software products consist of standardized, easy-to-install applications that simplify the declaration and approval process for international trade enterprises in China. Its enterprise software automates and facilitates the processing of the required import/export declarations and approvals in a cost-efficient, user-friendly and legally-compliant manner over the Internet, utilizing an electronic infrastructure it helped build that links together numerous branch offices of the PRC Inspections Administration. Through its software development services, it assists in the development and maintenance of the software systems used to process electronic filings by the PRC Inspections Administration and the data exchange platforms which serve as the interface between such systems and its enterprise software users.

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