Hongli Group (Hongli Group) Buildings And Improvements : $7.14 Mil (As of Dec. 2023)

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What is Hongli Group Buildings And Improvements?

Hongli Group's quarterly buildings and improvements declined from Dec. 2022 ($9.17 Mil) to Jun. 2023 ($0.00 Mil) but then increased from Jun. 2023 ($0.00 Mil) to Dec. 2023 ($7.14 Mil).

Hongli Group's annual buildings and improvements increased from Dec. 2021 ($1.97 Mil) to Dec. 2022 ($9.17 Mil) but then declined from Dec. 2022 ($9.17 Mil) to Dec. 2023 ($7.14 Mil).

Hongli Group Buildings And Improvements Historical Data

The historical data trend for Hongli 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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Hongli Group Buildings And Improvements Chart

Hongli Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

1.54

1.92

1.97

9.17

7.14

Hongli Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Buildings And Improvements	Get a 7-Day Free Trial				1.97	1.88	9.17	-	7.14

Hongli 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.

Hongli Group (Hongli Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hongli Group Inc (NAS:HLP) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

Beisanli Street, Economic Development Zone, Changle County, Weifang, Shandong, CHN, 262400

Website

https://www.hlyxgg.com

Hongli Group Inc is a cold roll formed steel profile manufacturer in China. It customizes and manufactures cold roll formed steel profiles for machinery and equipment in a variety of sectors, including but not limited to mining and excavation, construction, agriculture and transportation.

Hongli Group (Hongli Group) Headlines

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Hongli Group Inc. Announces Closing of US$8.25 Million Initial Public Offering

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