First Tractor Co (SHSE:601038) Buildings And Improvements : ¥2,297 Mil (As of Dec. 2024)

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What is First Tractor Co Buildings And Improvements?

First Tractor Co's quarterly buildings and improvements declined from Jun. 2024 (¥2,280 Mil) to Sep. 2024 (¥0 Mil) but then increased from Sep. 2024 (¥0 Mil) to Dec. 2024 (¥2,297 Mil).

First Tractor Co's annual buildings and improvements increased from Dec. 2022 (¥2,262 Mil) to Dec. 2023 (¥2,282 Mil) and increased from Dec. 2023 (¥2,282 Mil) to Dec. 2024 (¥2,297 Mil).

First Tractor Co Buildings And Improvements Historical Data

The historical data trend for First Tractor 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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First Tractor Co Buildings And Improvements Chart

First Tractor Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Buildings And Improvements

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2,237.11

2,247.38

2,261.54

2,282.35

2,296.68

First Tractor Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Buildings And Improvements	Get a 7-Day Free Trial															2,282.35	-	2,280.42	-	2,296.68

First Tractor 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.

First Tractor Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » First Tractor Co Ltd (SHSE:601038) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

FIRRF:USA 00038:Hong Kong FTP:Germany FTP:Germany

Address

No. 154 Jianshe Road, Henan Province, Luoyang, CHN, 471004

Website

http://www.first-tractor.com.cn

First Tractor Co Ltd is a Chinese company engaged in the agricultural machinery manufacturing industry. Its business scope mainly includes manufacturing and selling agricultural machinery, diesel engines and fuel injections, other machinery, and an operating business of a finance company. It has three reporting divisions. The Agricultural Machinery division, which is the key revenue driver, is responsible for producing and selling agricultural tractors, harvesters, and others. The power machinery division is mainly responsible for producing and selling diesel engines. The financial business is to handle the member units between the entrusted loans and investments, internal transfer settlement, absorption of member units deposits, and other business.

First Tractor Co Headlines

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