China Resources Gas Group (HKSE:01193) Buildings And Improvements : HK$10,400 Mil (As of Dec. 2023)

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What is China Resources Gas Group Buildings And Improvements?

China Resources Gas Group's quarterly buildings and improvements declined from Dec. 2022 (HK$8,490 Mil) to Jun. 2023 (HK$0 Mil) but then increased from Jun. 2023 (HK$0 Mil) to Dec. 2023 (HK$10,400 Mil).

China Resources Gas Group's annual buildings and improvements increased from Dec. 2021 (HK$7,734 Mil) to Dec. 2022 (HK$8,490 Mil) and increased from Dec. 2022 (HK$8,490 Mil) to Dec. 2023 (HK$10,400 Mil).

China Resources Gas Group Buildings And Improvements Historical Data

The historical data trend for China Resources Gas Group'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 Gas Group Buildings And Improvements Chart

China Resources Gas Group Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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5,604.52

6,366.90

7,734.01

8,490.41

10,399.53

China Resources Gas Group 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															7,734.01	-	8,490.41	-	10,399.53

China Resources Gas Group 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 Gas Group (HKSE:01193) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Resources Gas Group Ltd (HKSE:01193) » Definitions » Buildings And Improvements

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Traded in Other Exchanges

CRGGF:USA LGX1:Germany

Address

26 Harbour Road, Room 1901-02, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.crcgas.com

China Resources Gas Group is a leading gas utilities group in China engaged in city gas distribution, including piped natural gas distribution and natural gas filling stations. At the end of 2022, CRG's portfolio comprised 273 city gas projects in China. The firm achieved annual gas sales volume of 35.9 billion cubic meters and has connected 53.9 million residential customers, or a penetration rate of 58.2%.

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