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Victory New Materials Co (TPE:1340) Buildings And Improvements : NT$59.1 Mil (As of Mar. 2024)


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What is Victory New Materials Co Buildings And Improvements?

Victory New Materials Co's quarterly buildings and improvements declined from Sep. 2023 (NT$68.6 Mil) to Dec. 2023 (NT$61.2 Mil) and declined from Dec. 2023 (NT$61.2 Mil) to Mar. 2024 (NT$59.1 Mil).

Victory New Materials Co's annual buildings and improvements increased from Dec. 2021 (NT$3.8 Mil) to Dec. 2022 (NT$91.4 Mil) but then declined from Dec. 2022 (NT$91.4 Mil) to Dec. 2023 (NT$61.2 Mil).


Victory New Materials Co Buildings And Improvements Historical Data

The historical data trend for Victory New Materials 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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Victory New Materials Co Buildings And Improvements Chart

Victory New Materials Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 26.74 3.76 91.37 61.23

Victory New Materials Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 85.72 70.22 68.61 61.23 59.08

Victory New Materials 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.


Victory New Materials Co (TPE:1340) Business Description

Traded in Other Exchanges
N/A
Address
Lianyu Industrial Zone, Qingyang, Fujian Province, Jinjiang, CHN
Victory New Materials Ltd Co engages in the research and development, manufacture, and sale of new polymer materials used in sports shoe soles and sole materials. Its products include rubber sole, monochrome soles, two-color dual hardness soles, and color dual-density soles. The company also provides rubber foam soles and EVO granules, as well as finished shoes. It generates maximum revenue from a single color and RB soles product.

Victory New Materials Co (TPE:1340) Headlines

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