Arts Optical International Holdings (HKSE:01120) Buildings And Improvements : HK$1,339 Mil (As of Dec. 2023)

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What is Arts Optical International Holdings Buildings And Improvements?

Arts Optical International Holdings's quarterly buildings and improvements declined from Dec. 2022 (HK$1,332 Mil) to Jun. 2023 (HK$0 Mil) but then increased from Jun. 2023 (HK$0 Mil) to Dec. 2023 (HK$1,339 Mil).

Arts Optical International Holdings's annual buildings and improvements declined from Dec. 2021 (HK$1,475 Mil) to Dec. 2022 (HK$1,332 Mil) but then increased from Dec. 2022 (HK$1,332 Mil) to Dec. 2023 (HK$1,339 Mil).

Arts Optical International Holdings Buildings And Improvements Historical Data

The historical data trend for Arts Optical International Holdings'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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Arts Optical International Holdings Buildings And Improvements Chart

Arts Optical International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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1,321.45

1,390.86

1,475.45

1,332.22

1,339.11

Arts Optical International Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Buildings And Improvements	Get a 7-Day Free Trial															1,475.45	-	1,332.22	-	1,339.11

Arts Optical International Holdings 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.

Arts Optical International Holdings (HKSE:01120) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Arts Optical International Holdings Ltd (HKSE:01120) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 King Yip Street, King Palace Plaza, Units A to G, 32nd Floor, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.artsgroup.com

Arts Optical International Holdings Ltd is an investment holding company. Through its subsidiaries, it is engaged in the manufacturing and trading of prescription frames, sunglasses and optical lens as well as property holding. It operates in three divisions: Original design manufacturing, Distribution. and Lens division. The group is organized into four segments, which are sales of optical products to customers located in Europe, the United States, Asia, and other regions, of which the majority of the revenue is generated from Europe.

Executives

Ng Hoi Ying, Michael	2202 Interest of your spouse
Wu Zhihong	2101 Beneficial owner
Ng Kim Ying
Webb David Michael	2201 Interest of corporation controlled by you
Fmr Llc	2201 Interest of corporation controlled by you
Ratagan International Company Limited	2101 Beneficial owner
Hsbc International Trustee Limited	2301 Trustee

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