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Golik Holdings (HKSE:01118) Buildings And Improvements : HK$512 Mil (As of Dec. 2023)


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What is Golik Holdings Buildings And Improvements?

Golik Holdings's quarterly buildings and improvements declined from Dec. 2022 (HK$445 Mil) to Jun. 2023 (HK$0 Mil) but then increased from Jun. 2023 (HK$0 Mil) to Dec. 2023 (HK$512 Mil).

Golik Holdings's annual buildings and improvements declined from Dec. 2021 (HK$477 Mil) to Dec. 2022 (HK$445 Mil) but then increased from Dec. 2022 (HK$445 Mil) to Dec. 2023 (HK$512 Mil).


Golik Holdings Buildings And Improvements Historical Data

The historical data trend for Golik Holdings'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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Golik Holdings Buildings And Improvements Chart

Golik Holdings 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 467.56 449.45 476.65 445.09 511.91

Golik Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 476.65 - 445.09 - 511.91

Golik Holdings 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.


Golik Holdings (HKSE:01118) Business Description

Traded in Other Exchanges
N/A
Address
18 Harbour Road, Suite 6505, Central Plaza, Wanchai, Hong Kong, HKG
Golik Holdings Ltd is involved in the manufacturing, processing, and distribution of steel, metal products, and building construction materials. The operating segments of the group are Metal products and Building Construction Materials. It offers Steel coil processing, steel wires and wire rope products, Concrete products, Construction steel products and processing, and other construction products and Printing materials. The group has a business presence in Hong Kong, Mainland China, Macau, and other countries, of which key revenue is derived from Hong Kong.
Executives
Golik Investments Ltd.
Pang Tak Chung

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