Sinomach Heavy Equipment Group Co (SHSE:601399) Buildings And Improvements : ¥0 Mil (As of Sep. 2024)

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What is Sinomach Heavy Equipment Group Co Buildings And Improvements?

Sinomach Heavy Equipment Group Co Buildings And Improvements Historical Data

The historical data trend for Sinomach Heavy Equipment Group Co's Buildings And Improvements can be seen below:

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Sinomach Heavy Equipment Group Co Buildings And Improvements Chart

Sinomach Heavy Equipment Group Co Annual Data

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Buildings And Improvements

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Sinomach Heavy Equipment Group Co Quarterly Data
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Sinomach Heavy Equipment Group 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.

Sinomach Heavy Equipment Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sinomach Heavy Equipment Group Co Ltd (SHSE:601399) » Definitions » Buildings And Improvements

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Traded in Other Exchanges

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Address

No.99 Zhujiang East Road, Sichuan Province, Deyang, CHN, 618000

Website

http://www.sinomach-he.cn

Sinomach Heavy Equipment Group Co Ltd is engaged in designing, production and sales of technical equipment and heavy casting and forging steel products and engineering general contracting and sale of electricity business.

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