Zhongmiao Holdings (Qingdao) Co (HKSE:01471) Buildings And Improvements : HK$0.0 Mil (As of Dec. 2024)

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What is Zhongmiao Holdings (Qingdao) Co Buildings And Improvements?

Zhongmiao Holdings (Qingdao) Co Buildings And Improvements Historical Data

The historical data trend for Zhongmiao Holdings (Qingdao) 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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Zhongmiao Holdings (Qingdao) Co Buildings And Improvements Chart

Zhongmiao Holdings (Qingdao) Co Annual Data

Trend

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Buildings And Improvements

Zhongmiao Holdings (Qingdao) Co Semi-Annual Data
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Zhongmiao Holdings (Qingdao) 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.

Zhongmiao Holdings (Qingdao) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Zhongmiao Holdings (Qingdao) Co Ltd (HKSE:01471) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Haier Road, Laoshan District, Shandong, Qingdao, CHN

Website

https://www.haierbx.net

Zhongmiao Holdings (Qingdao) Co Ltd provides insurance agency services, IT services, and consulting services in the PRC. The company focuses on delivering IT services. Its primary revenue source is the Insurance Agency business. The company is committed to distributing various insurance products, including (i) property insurance products, (ii) life and health insurance products, (iii) accident insurance products, and (iv) automobile insurance products, to both corporate and household insurance clients. The Group's business consists of three main segments: (i) insurance agency business; (ii) IT services; and (iii) consulting services. The majority of its revenue comes from the insurance agency business segment.

Executives

Qu Pengcheng

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