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HCAI (Huachen AI Parking Management Technology Holding Co) Buildings And Improvements : $8.89 Mil (As of Dec. 2024)


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What is Huachen AI Parking Management Technology Holding Co Buildings And Improvements?

Huachen AI Parking Management Technology Holding Co's quarterly buildings and improvements declined from Dec. 2023 ($9.16 Mil) to Jun. 2024 ($8.93 Mil) and declined from Jun. 2024 ($8.93 Mil) to Dec. 2024 ($8.89 Mil).

Huachen AI Parking Management Technology Holding Co's annual buildings and improvements increased from Dec. 2022 ($0.00 Mil) to Dec. 2023 ($9.16 Mil) but then declined from Dec. 2023 ($9.16 Mil) to Dec. 2024 ($8.89 Mil).

Huachen AI Parking Management Technology Holding Co Buildings And Improvements Historical Data

The historical data trend for Huachen AI Parking Management Technology Holding 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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Huachen AI Parking Management Technology Holding Co Buildings And Improvements Chart

Huachen AI Parking Management Technology Holding Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Buildings And Improvements
- - 9.16 8.89

Huachen AI Parking Management Technology Holding Co Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Buildings And Improvements Get a 7-Day Free Trial - - 9.16 8.93 8.89

Huachen AI Parking Management Technology Holding 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.

Huachen AI Parking Management Technology Holding Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Huachen AI Parking Management Technology Holding Co Ltd (NAS:HCAI) » Definitions » Buildings And Improvements
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Traded in Other Exchanges
N/A
Address
No.1018 Haihe Road, Zhejiang Province, Jiaxing, Dushangang Town, Pinghu, CHN, 314205
Website
https://www.hctdparking.com
Huachen AI Parking Management Technology Holding Co Ltd is a comprehensive smart parking solutions and equipment structural parts provider. The company manufactures and offer various cubic parking garage products by employing various working principles, such as lifting and shifting, convenient lifting, vertical circulation, vertical lifting, plane moving, alley stacking, multi-layer cycle, horizontal cycle, and car lift.