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Qiniu (HKSE:02567) Buildings And Improvements : HK$30 Mil (As of Dec. 2023)


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What is Qiniu Buildings And Improvements?

Qiniu's quarterly buildings and improvements declined from Dec. 2021 (HK$45 Mil) to Dec. 2022 (HK$37 Mil) and declined from Dec. 2022 (HK$37 Mil) to Dec. 2023 (HK$30 Mil).

Qiniu's annual buildings and improvements declined from Dec. 2021 (HK$45 Mil) to Dec. 2022 (HK$37 Mil) and declined from Dec. 2022 (HK$37 Mil) to Dec. 2023 (HK$30 Mil).


Qiniu Buildings And Improvements Historical Data

The historical data trend for Qiniu'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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Qiniu Buildings And Improvements Chart

Qiniu Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Buildings And Improvements
44.81 36.63 29.77 -

Qiniu Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
Buildings And Improvements 44.81 36.63 29.77 -

Qiniu 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.


Qiniu Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.66 Boxia Road, Floors 1-4, Building Q, Pudong New District, Shanghai, CHN
Qiniu Ltd provides audiovisual cloud services in China. Audiovisual cloud services refer to the producing, storing, processing, distributing, analyzing, auditing, retrieving, and recommending unstructured audiovisual content in multi-media formats. PaaS is a computing service model by which cloud service providers offer a suite of hardware and software resources to their users via a platform, enabling the users to focus on writing codes, configuring the service metrics and monitoring of applications without the need to divert time and resources to the development and maintenance of the infrastructure underlying the platform, including maintenance of hardware, updates of operating system, data backup and recovery, internet security, disaster recovery, etc.
Executives
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Zhou Pei 2202 Interest of your spouse
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Su David Tuong Sing 2201 Interest of corporation controlled by you
Mpc Ii L.p. 2101 Beneficial owner

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