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MMTEC (MTC) Buildings And Improvements : $0.00 Mil (As of Dec. 2023)


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What is MMTEC Buildings And Improvements?


MMTEC Buildings And Improvements Historical Data

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

MMTEC Annual Data
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Buildings And Improvements
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MMTEC Semi-Annual Data
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MMTEC 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.


MMTEC (MTC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
c/o MM Future Technology Limited, 308 Des Voeux Road Central, Room 2302, 23rd Floor, FWD Financial Center, Sheung Wan, HKG
MMTEC Inc provides Internet-based technology services and solutions to the Chinese language speaking hedge funds, mutual funds, registered investment advisors, proprietary trading groups, and brokerage firms engaging in securities market transactions and settlements globally. It offers complete suite trading solutions, including services such as fund establishment, issuance, custody, transaction, and settlement. The Company currently has two operating segments, Gujia, MM Future, MMBD Advisory and HC Securities, and MM Global. It generates maximum revenue from the Gujia segment. Gujia segment provides market data services and investor relations management services to customers in China.