Mieco Chipboard Bhd (XKLS:5001) Buildings And Improvements : RM154.1 Mil (As of Dec. 2023)

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What is Mieco Chipboard Bhd Buildings And Improvements?

Mieco Chipboard Bhd's quarterly buildings and improvements stayed the same from Jun. 2023 (RM0.0 Mil) to Sep. 2023 (RM0.0 Mil) but then increased from Sep. 2023 (RM0.0 Mil) to Dec. 2023 (RM154.1 Mil).

Mieco Chipboard Bhd's annual buildings and improvements increased from Dec. 2021 (RM166.2 Mil) to Dec. 2022 (RM167.1 Mil) but then declined from Dec. 2022 (RM167.1 Mil) to Dec. 2023 (RM154.1 Mil).

Mieco Chipboard Bhd Buildings And Improvements Historical Data

The historical data trend for Mieco Chipboard Bhd'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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Mieco Chipboard Bhd Buildings And Improvements Chart

Mieco Chipboard Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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177.79

178.08

166.22

167.09

154.11

Mieco Chipboard Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Buildings And Improvements	Get a 7-Day Free Trial															167.09	-	-	-	154.11

Mieco Chipboard Bhd 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.

Mieco Chipboard Bhd (XKLS:5001) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Mieco Chipboard Bhd (XKLS:5001) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Indah 2/6, No. 1, Block C, Taman Indah, Batu 11, Cheras, SGR, MYS, 43200

Website

https://www.mieco.com.my

Mieco Chipboard Bhd is an investment holding company. It is also engaged in the provision of management services. The core business includes the manufacturing and distribution of particle boards also known as chipboards, with the primary focus on plain boards and melamine-faced boards. In addition, its other operation comprises investment holding. Its product includes mieco plain board and mieco decorative melamine-faced chipboard. These products are commonly used as core materials for home and office furniture. Geographically company operates across Malaysia, Hong Kong, and China.

Mieco Chipboard Bhd (XKLS:5001) Headlines

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