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Kingwell Group (HKSE:01195) Buildings And Improvements : HK$2.74 Mil (As of Jun. 2023)


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What is Kingwell Group Buildings And Improvements?

Kingwell Group's quarterly buildings and improvements declined from Jun. 2022 (HK$2.73 Mil) to Dec. 2022 (HK$0.00 Mil) but then increased from Dec. 2022 (HK$0.00 Mil) to Jun. 2023 (HK$2.74 Mil).

Kingwell Group's annual buildings and improvements declined from Jun. 2021 (HK$2.82 Mil) to Jun. 2022 (HK$2.73 Mil) but then increased from Jun. 2022 (HK$2.73 Mil) to Jun. 2023 (HK$2.74 Mil).


Kingwell Group Buildings And Improvements Historical Data

The historical data trend for Kingwell 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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Kingwell Group Buildings And Improvements Chart

Kingwell Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.04 2.87 2.82 2.73 2.74

Kingwell 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 2.73 - 2.74 -

Kingwell 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.


Kingwell Group Business Description

Traded in Other Exchanges
N/A
Address
62 Mody Road, Units 314-315, Wing On Plaza, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG
Kingwell Group Ltd is engaged in the property development business. It operates under two main segments. The gold mining segment engages in the production and sale of gold; and the property development, property leasing, and property management services segment engages in the development of villas, apartments, and commercial buildings, property leasing of self-owned properties, the sale of carpark spaces and the provision of property management services and construction services. The company derives majority of its revenue from the property development, property leasing, and property management services segment.
Executives
Union Day Group Limited 2201 Interest of corporation controlled by you
Du Yun 2201 Interest of corporation controlled by you
Mu Dongsheng 2101 Beneficial owner
Yin Jiatang 2101 Beneficial owner

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