GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » LG Chem Ltd (XKRX:051910) » Definitions » Buildings And Improvements

LG Chem (XKRX:051910) Buildings And Improvements : ₩9,745,059 Mil (As of Dec. 2023)


View and export this data going back to 2001. Start your Free Trial

What is LG Chem Buildings And Improvements?

LG Chem's quarterly buildings and improvements stayed the same from Jun. 2023 (₩0 Mil) to Sep. 2023 (₩0 Mil) but then increased from Sep. 2023 (₩0 Mil) to Dec. 2023 (₩9,745,059 Mil).

LG Chem's annual buildings and improvements increased from Dec. 2021 (₩6,604,140 Mil) to Dec. 2022 (₩8,272,652 Mil) and increased from Dec. 2022 (₩8,272,652 Mil) to Dec. 2023 (₩9,745,059 Mil).


LG Chem Buildings And Improvements Historical Data

The historical data trend for LG Chem'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.

* Premium members only.

LG Chem Buildings And Improvements Chart

LG Chem 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 4,769,924.00 5,794,729.00 6,604,140.00 8,272,652.00 9,745,059.00

LG Chem 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 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 8,272,652.00 8,674,233.00 - - 9,745,059.00

LG Chem 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.


LG Chem (XKRX:051910) Business Description

Traded in Other Exchanges
Address
LG Twin Towers, 128, Yeoui-daero, Youngdungpo-gu, Seoul, KOR, 150-721
LG Chem Ltd manufactures and sells a variety of chemicals, electronics, and energy storage products. The company operates in three major segments: Basic Materials & Chemicals, IT & Electronic Materials, and Energy Solutions. The Basic Materials & Chemicals segment, which generates the majority of revenue, sells plastics including naphtha, polyvinyl chloride (PVC), engineered plastics, and polyolefin, as well as rubber-based products. The IT & Electronic Materials segment sells a range of products that includes optical and circuit board materials. The Energy Solutions segment sells mobile and automotive batteries and energy storage systems. LG Corporation is the company's largest shareholder, owning around one third of outstanding shares. The majority of revenue comes from Asia.

LG Chem (XKRX:051910) Headlines

No Headlines