RITR (Reitar Logtech Holdings) Buildings And Improvements : $1.05 Mil (As of Mar. 2024)

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What is Reitar Logtech Holdings Buildings And Improvements?

Reitar Logtech Holdings's quarterly buildings and improvements increased from Mar. 2023 ($1.05 Mil) to Sep. 2023 ($1.05 Mil) but then stayed the same from Sep. 2023 ($1.05 Mil) to Mar. 2024 ($1.05 Mil).

Reitar Logtech Holdings's annual buildings and improvements increased from Mar. 2022 ($0.00 Mil) to Mar. 2023 ($1.05 Mil) and increased from Mar. 2023 ($1.05 Mil) to Mar. 2024 ($1.05 Mil).

Reitar Logtech Holdings Buildings And Improvements Historical Data

The historical data trend for Reitar Logtech Holdings'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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Reitar Logtech Holdings Buildings And Improvements Chart

Reitar Logtech Holdings Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Buildings And Improvements

1.05

Reitar Logtech Holdings Semi-Annual Data
	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Buildings And Improvements	Get a 7-Day Free Trial			-	-	1.05	1.05	1.05

Reitar Logtech Holdings 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.

Reitar Logtech Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Reitar Logtech Holdings Ltd (NAS:RITR) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Unit 801, 77 Hoi Bun Road, 8th Floor, Tower 2, The Quayside, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.reitar.io

Reitar Logtech Holdings Ltd provide one-stop solutions for logistics property operations in property development and redevelopment projects. It consists of two segments: construction management and engineering design services; and asset management and professional consultancy services in Hong Kong. Key revenue is generated from construction management and engineering design services.