Grand Ming Group Holdings (HKSE:01271) Buildings And Improvements : HK$923 Mil (As of Mar. 2024)

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What is Grand Ming Group Holdings Buildings And Improvements?

Grand Ming Group Holdings's quarterly buildings and improvements declined from Mar. 2023 (HK$923 Mil) to Sep. 2023 (HK$0 Mil) but then increased from Sep. 2023 (HK$0 Mil) to Mar. 2024 (HK$923 Mil).

Grand Ming Group Holdings's annual buildings and improvements increased from Mar. 2022 (HK$869 Mil) to Mar. 2023 (HK$923 Mil) but then declined from Mar. 2023 (HK$923 Mil) to Mar. 2024 (HK$923 Mil).

Grand Ming Group Holdings Buildings And Improvements Historical Data

The historical data trend for Grand Ming Group 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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Grand Ming Group Holdings Buildings And Improvements Chart

Grand Ming Group Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Buildings And Improvements

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867.81

868.38

868.71

922.94

922.64

Grand Ming Group Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Buildings And Improvements	Get a 7-Day Free Trial															-	922.94	-	922.64	-

Grand Ming Group 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.

Grand Ming Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Grand Ming Group Holdings Ltd (HKSE:01271) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 39 Chatham Road South, 22nd Floor, Railway Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.grandming.com.hk

Grand Ming Group Holdings Ltd is an investment holding company. Through its subsidiaries, the company is principally engaged in building construction, property leasing, and property development. Its reportable segments are; Construction, which involves constructing residential buildings, commercial buildings, and data centres; Property leasing which engages in the leasing of data centres and commercial shops; and the Property development segment which is involved in the development and sale of properties. Maximum revenue is generated from the Construction segment. Geographically, all of the company's revenue is generated from its customers in Hong Kong.

Executives

Xu Chujia	2201 Interest of corporation controlled by you
Banco Well Link, S.a.	2106 Person having a security interest in shares
Well Link Holdings Limited	2201 Interest of corporation controlled by you
Lau Chi Wah	2101 Beneficial owner
Chan Hm Company Limited	2101 Beneficial owner
Chan Hung Ming	2201 Interest of corporation controlled by you
Lau Cw Company Limited	2101 Beneficial owner
Cheung Shuk Fong	2202 Interest of your spouse

Grand Ming Group Holdings Headlines

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