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Qilu Expressway Company (HKSE:01576) Buildings And Improvements : HK$124 Mil (As of Dec. 2023)


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What is Qilu Expressway Company Buildings And Improvements?

Qilu Expressway Company's quarterly buildings and improvements declined from Dec. 2022 (HK$122 Mil) to Jun. 2023 (HK$0 Mil) but then increased from Jun. 2023 (HK$0 Mil) to Dec. 2023 (HK$124 Mil).

Qilu Expressway Company's annual buildings and improvements increased from Dec. 2021 (HK$119 Mil) to Dec. 2022 (HK$122 Mil) and increased from Dec. 2022 (HK$122 Mil) to Dec. 2023 (HK$124 Mil).

Qilu Expressway Company Buildings And Improvements Historical Data

The historical data trend for Qilu Expressway Company'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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Qilu Expressway Company Buildings And Improvements Chart

Qilu Expressway Company Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only 103.45 114.89 118.95 122.18 123.55

Qilu Expressway Company Semi-Annual Data
Dec15 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 118.95 - 122.18 - 123.55

Qilu Expressway Company 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.

Qilu Expressway Company (HKSE:01576) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Qilu Expressway Company Ltd (HKSE:01576) » Definitions » Buildings And Improvements
Comparable Companies
HKSE:00737 HKSE:01785 HKSE:01052 HKSE:01823 HKSE:08502 HKSE:06888 HKSE:02258 HKSE:08065 HKSE:00697 HKSE:00152 ASX:TCL XMAD:FER SZSE:001965 DFM:SALIK SHSE:600377 XPAR:RE ASX:ALX BSP:CCRO3 SHSE:600350 VRRM
Traded in Other Exchanges
N/A
Address
No. 7000, Jingshi East Road, Zone 3, Hanyu Financial & Business Centre, Room 2301, Block 4, High-tech Zone, Shandong Province, Jinan, CHN
Website
http://www.qlecl.com
Qilu Expressway Company Ltd is an expressway operator in Shandong province with the concession rights to construct, maintain, operate and management of the Jihe Expressway, the Deshang Expressway and the Shennan Expressway. It has only one reportable segment, Expressway Business. Its operations are located in Mainland China.

Qilu Expressway Company (HKSE:01576) Headlines

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