The fast boiler

What is the depreciation charge for a 10 ton gas hot water boiler?

Time : 2021-09-16
Assuming that the 10 ton/hour gas hot water boiler costs 500,000 RMB when purchased, the annual depreciation of the boiler is: 500000-(500000*5%)/10 = 497500 RMB.

 

Assuming the residual rate is set at 5%, and it is expected to use 10 years, then the annual depreciation rate of 10 tons/hour industrial gas boiler = (1-5%)/10*100% = 9.5%.

The monthly depreciation rate of the 10 ton/hour gas hot water boiler is 9.5% ÷ 12 = 0.79%.

The monthly depreciation of the 10 ton / hour gas hot water boiler = 0.79% * 500000 = 3950 RMB= 571.5US dollars.

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