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Cheche Group (Cheche Group) Buildings And Improvements : $2.1 Mil (As of Dec. 2022)


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What is Cheche Group Buildings And Improvements?

Cheche Group's quarterly buildings and improvements declined from Dec. 2021 ($2.7 Mil) to Jun. 2022 ($1.9 Mil) but then increased from Jun. 2022 ($1.9 Mil) to Dec. 2022 ($2.1 Mil).

Cheche Group's annual buildings and improvements declined from Dec. 2021 ($2.7 Mil) to Dec. 2022 ($2.1 Mil) and declined from Dec. 2022 ($2.1 Mil) to Dec. 2023 ($1.4 Mil).


Cheche Group Buildings And Improvements Historical Data

The historical data trend for Cheche Group'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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Cheche Group Buildings And Improvements Chart

Cheche Group Annual Data
Trend Dec21 Dec22 Dec23
Buildings And Improvements
2.65 2.11 1.44

Cheche Group Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Dec23
Buildings And Improvements - 2.65 1.88 2.11 1.44

Cheche Group 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.


Cheche Group (Cheche Group) Business Description

Traded in Other Exchanges
N/A
Address
13-1 Deshengmenwai Avenue, 8th Floor, Desheng Hopson Fortune Plaza, Xicheng, Beijing, CHN, 100088
Cheche Group Inc is an insurtech company. It is China's independent technology-empowered platform for auto insurance transaction services by digital auto insurance transaction premiums and insurance technology companies. The company has reshaped the traditional auto insurance distribution and services value chain to create a digital platform by improving operational efficiencies, reducing transaction costs, and expanding distribution channels. Its business scope ranges from digital insurance transactions, SaaS platforms for insurance intermediaries, AI-driven insurance pricing and underwriting services, auto insurance services for new energy vehicle (NEV) manufacturers, green auto insurance innovations, etc.

Cheche Group (Cheche Group) Headlines