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HK Electric Investments and HK Electric Investments (HKSE:02638) Buildings And Improvements : HK$23,393 Mil (As of Dec. 2024)


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What is HK Electric Investments and HK Electric Investments Buildings And Improvements?

HK Electric Investments and HK Electric Investments's quarterly buildings and improvements increased from Dec. 2023 (HK$20,464 Mil) to Jun. 2024 (HK$20,483 Mil) and increased from Jun. 2024 (HK$20,483 Mil) to Dec. 2024 (HK$23,393 Mil).

HK Electric Investments and HK Electric Investments's annual buildings and improvements declined from Dec. 2022 (HK$20,518 Mil) to Dec. 2023 (HK$20,464 Mil) but then increased from Dec. 2023 (HK$20,464 Mil) to Dec. 2024 (HK$23,393 Mil).


HK Electric Investments and HK Electric Investments Buildings And Improvements Historical Data

The historical data trend for HK Electric Investments and HK Electric Investments'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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HK Electric Investments and HK Electric Investments Buildings And Improvements Chart

HK Electric Investments and HK Electric Investments Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18,238.00 18,622.00 20,518.00 20,464.00 23,393.00

HK Electric Investments and HK Electric Investments Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20,518.00 20,608.00 20,464.00 20,483.00 23,393.00

HK Electric Investments and HK Electric Investments 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.


HK Electric Investments and HK Electric Investments Business Description

Traded in Other Exchanges
Address
44 Kennedy Road, Hong Kong Electric Centre, Hong Kong, HKG
HK Electric Investments and HK Electric Investments Ltd is a fixed single investment trust in Hong Kong with a focus on the power industry. The company is a vertically integrated power utility and its operations comprise the generation, transmission, distribution and supply of electricity to Hong Kong Island and Lamma Island. The company have one reporting segment which is the generation and supply of electricity to Hong Kong Island and Lamma Island.

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