SMC Electric (HKSE:02381) Buildings And Improvements : HK$22.9 Mil (As of Dec. 2024)

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What is SMC Electric Buildings And Improvements?

SMC Electric's quarterly buildings and improvements declined from Dec. 2023 (HK$22.0 Mil) to Jun. 2024 (HK$0.0 Mil) but then increased from Jun. 2024 (HK$0.0 Mil) to Dec. 2024 (HK$22.9 Mil).

SMC Electric's annual buildings and improvements increased from Dec. 2022 (HK$18.5 Mil) to Dec. 2023 (HK$22.0 Mil) and increased from Dec. 2023 (HK$22.0 Mil) to Dec. 2024 (HK$22.9 Mil).

SMC Electric Buildings And Improvements Historical Data

The historical data trend for SMC Electric'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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SMC Electric Buildings And Improvements Chart

SMC Electric Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Buildings And Improvements

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13.29

13.37

18.50

22.03

22.91

SMC Electric Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Buildings And Improvements	Get a 7-Day Free Trial										18.50	-	22.03	-	22.91

SMC Electric 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.

SMC Electric Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » SMC Electric Ltd (HKSE:02381) » Definitions » Buildings And Improvements

Traded in Other Exchanges

N/A

Address

12 Lee Chung Street, 1st Floor, Shell Industrial Building, Chai Wan, Hong Kong, HKG

Website

http://www.smcelectric.com.hk

SMC Electric Ltd is engaged in manufacturing and selling of electric tools and sourcing and selling of electric fans. The company sells a wide variety of products including, fans such as Ceiling fans, Wall-mounted fans, Stand up fans, Cordless fans and Orbital fans, Work lights, Vacuum cleaners and other electric tools. The operating segments of the group are SMC segment and Non-SMC segment. It derives key revenue from the Non-SMC segment which involves the development, designing, manufacturing and trading of electric tools and electric fans to customers under their respective brands. The group derives revenue from the Americas, Europe, Oceania, Africa and Asia.

Executives

Red Dynasty Investments Limited	2201 Interest of corporation controlled by you
Yung Kwok Kee Billy	2201 Interest of corporation controlled by you
Claudio Holdings Limited	2201 Interest of corporation controlled by you
Creator Holdings Limited	2201 Interest of corporation controlled by you
Hkc (holdings) Limited	2201 Interest of corporation controlled by you
Hong Kong Construction (hong Kong) Limited	2101 Beneficial owner
Oei Kang, Eric	2201 Interest of corporation controlled by you
Shell Electric Holdings Ltd	2101 Beneficial owner
Hsu Vivian	2202 Interest of your spouse

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