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Luzhou Laojiao Co (SZSE:000568) Buildings And Improvements : ¥0 Mil (As of Mar. 2024)


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What is Luzhou Laojiao Co Buildings And Improvements?

Luzhou Laojiao Co Buildings And Improvements Historical Data

The historical data trend for Luzhou Laojiao Co'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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Luzhou Laojiao Co Buildings And Improvements Chart

Luzhou Laojiao Co Annual Data
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Buildings And Improvements
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Luzhou Laojiao Co Quarterly Data
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Luzhou Laojiao Co 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.

Luzhou Laojiao Co (SZSE:000568) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Luzhou Laojiao Co Ltd (SZSE:000568) » Definitions » Buildings And Improvements
Comparable Companies
SHSE:600809 SZSE:002304 SZSE:000596 SHSE:603369 SHSE:603198 SHSE:600702 SHSE:603589 SHSE:600559 SZSE:000799 SZSE:000860 SHSE:600519 SZSE:000858 LSE:DGE STZ XPAR:RI BF.B MIL:CPR BOM:532432 SGX:Y92 CUERVO
Traded in Other Exchanges
N/A
Address
Nanguang road, Luzhou Laojiao Marketing Network Command Center, Longmatan District, Sichuan Province, Luzhou, CHN, 646000
Website
https://www.lzlj.com
Luzhou Laojiao, or Laojiao, is one of China's leading premium baijiu producers. Its primary product, National Cellar 1573, is widely known as one of the best rich-flavored baijiu in the market, which together with Feitian Moutai and flagship Wuliangye are the top three premium products that dominate more than 90% of the high-end baijiu market. The high-quality products, extensive history, and brand strength have led to strong pricing power, allowing the company to enjoy high retail prices and profit margins. The State-Owned Assets Supervision and Administration Commission of Luzhou City controls 46% of Luzhou Laojiao.

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