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HKSHF (The Hongkong and Shanghai Hotels) Buildings And Improvements : $2,007 Mil (As of Dec. 2024)


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What is The Hongkong and Shanghai Hotels Buildings And Improvements?

The Hongkong and Shanghai Hotels's quarterly buildings and improvements declined from Dec. 2023 ($1,785 Mil) to Jun. 2024 ($0 Mil) but then increased from Jun. 2024 ($0 Mil) to Dec. 2024 ($2,007 Mil).

The Hongkong and Shanghai Hotels's annual buildings and improvements increased from Dec. 2022 ($1,059 Mil) to Dec. 2023 ($1,785 Mil) and increased from Dec. 2023 ($1,785 Mil) to Dec. 2024 ($2,007 Mil).


The Hongkong and Shanghai Hotels Buildings And Improvements Historical Data

The historical data trend for The Hongkong and Shanghai Hotels'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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The Hongkong and Shanghai Hotels Buildings And Improvements Chart

The Hongkong and Shanghai Hotels 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 1,139.33 1,103.86 1,059.29 1,784.55 2,007.49

The Hongkong and Shanghai Hotels 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 1,059.29 1,032.81 1,784.55 - 2,007.49

The Hongkong and Shanghai Hotels 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.


The Hongkong and Shanghai Hotels Business Description

Traded in Other Exchanges
Address
2 Ice House Street, 8th Floor, St. George’s Building, Central, Hong Kong, HKG
The Hongkong and Shanghai Hotels Ltd is a hotel is a luxury hospitality and real estate group. It owns and operates hotel properties under the Peninsula brand located in city centres across Asia, the U.S., and Europe. The company's assets comprise a small number of ultra-luxury hotels, real estate assets, and tourism assets, including The Peak Tram-one of Hong Kong's tourist attractions. The group's reportable segments are: Hotels, Commercial Properties, and Peak Tram, Retail and Others. Maximum revenue is generated from its Hotels segment, which includes revenue generated from operating hotels, leasing of commercial shopping arcades, and office premises located within the hotel buildings. Geographically, the group generates maximum revenue from Europe.