OCFT (OneConnect Financial Technology Co) Buildings And Improvements : $0.0 Mil (As of Mar. 2025)

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What is OneConnect Financial Technology Co Buildings And Improvements?

OneConnect Financial Technology Co Buildings And Improvements Historical Data

The historical data trend for OneConnect Financial Technology Co'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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OneConnect Financial Technology Co Buildings And Improvements Chart

OneConnect Financial Technology Co Annual Data

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Buildings And Improvements

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OneConnect Financial Technology Co Quarterly Data
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OneConnect Financial Technology Co 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.

OneConnect Financial Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » OneConnect Financial Technology Co Ltd (NYSE:OCFT) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

06638:Hong Kong

Address

No. 5033 Yitian Road, Floor 21/24, Ping An Financial Center, Futian District, Guangdong, Shenzhen, CHN

Website

https://www.ocft.com

OneConnect Financial Technology Co Ltd is a technology-as-a-service provider for the financial services industry. It integrates extensive expertise in the industry with market technology to provide technology applications and technology-enabled business services to financial institutions. The integrated solutions and platforms it provides include digital banking solutions, digital insurance solutions, and the Gamma Platform, a technology infrastructure platform for financial institutions. Geographically, the company generates substantially all of its revenue from its business in the People's Republic of China (PRC).