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Fixed asset obsolescence appraisal

Fixed asset obsolescence appraisal-Asset Decommissioning-

discarding of fixed assetsAppraisal Background

Fixed asset scrapping appraisal is one of the important links in enterprise management, which involves the enterprise's finance and resource utilization efficiency. Fixed asset scrapping appraisal refers to the evaluation and decision-making of fixed assets in the enterprise that can no longer be used or have exceeded their reasonable service life, including whether to scrap and how to deal with them after scrapping.
can accurately assess the value of fixed assets through scrapping appraisal and provide enterprises with a reasonable basis for asset management decisions. The purpose of fixed asset scrapping appraisal is to confirm whether the useful life of fixed assets has ended and to determine their value.
The main basis for scrapping appraisal The main basis for scrapping appraisal includes the service life, technical status, economic status, etc. of fixed assets.
Zhongke Testing, as a professional third-party fixed assets scrapping appraisal agency, handles nationwide business and provides scrapping appraisal technical services to various enterprises and institutions across the country.

discarding of fixed assetsScrap Condition

Equipment and instruments that fall under one of the following circumstances can apply for scrapping:
(1) The service life is too long, the function is lost, the use value is completely lost, or it cannot be used and has no repair value;
(2) The product technology is backward, poor quality, high energy consumption, low efficiency, has been eliminated and is not suitable for continued use, or the technical indicators have not met the use requirements;
(3) is seriously damaged and cannot be repaired or can be repaired, but the accumulated repair costs are close to or exceeds the market value;
(4) The main accessories are damaged and cannot be repaired, but the main body is still usable, and can be partially scrapped;
(5) Duty-free imported instruments and equipment should be applied to the customs for release from supervision after the supervision period expires and the application for scrapping is approved.

discarding of fixed assetsIdentification Steps

1. Equipment evaluation: A comprehensive evaluation of the equipment to be identified, including the appearance, working status, maintenance records, etc. of the equipment. Evaluate equipment for damage, corrosion, wear, air leakage, malfunctions, etc.
2. Equipment life and history: View the service life, repair records and maintenance status of the equipment. Understand the age, frequency of use, and environmental conditions of your equipment to determine its health and remaining life.
3. Technical evaluation: Conduct technical evaluation and detailed analysis of the equipment to evaluate the performance, reliability, safety and economy of the equipment.
4. Inspection and testing: Perform actual inspection and testing of the equipment using appropriate inspection methods and instruments. For example, non-destructive testing techniques (e.g., ultrasonic testing, magnetic particle testing) are used to assess material fatigue and structural integrity.
5. Risk assessment: Based on the evaluation results and testing data of the equipment, evaluate the possible risks of the equipment and its impact on the production process. This includes aspects such as equipment safety, reliability, and environmental impact.
6. Decision-making and scrapping: Make reasonable decisions based on identification results and risk assessment. If the equipment is severely damaged, cannot be repaired, or poses a serious safety hazard, it may need to be scrapped. Alternatively, consider repairing, modifying, or replacing the equipment.

discarding of fixed assetsAuthentication case

17 departments including the School of Equipment Engineering, School of Public Utilities, Educational Technology and Information Center, Library, and Logistics Support Office of a university submitted applications for scrapping of fixed assets. In order to determine whether the equipment has reached the status of scrapping, the university entrusted our company to appraise whether the equipment has reached the status of scrapping.
appraisal analysis results:
appraisal analysis expert group conducted on-site inspection and survey results on the equipment entrusted for appraisal and evaluation, and made the following suggestions and conclusions:
177 pieces of this batch of equipment can no longer meet the needs of use and have safety hazards, and are recommended to be scrapped.

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