1. Generally, the value of fixed assets is relatively large, which can be used for a long time and can participate in the production process repeatedly for a long time.

2. Although wear occurs in the production process, it does not change its physical form, but gradually transfers its value to the product according to its wear degree, and the value transferred part is recovered to form a depreciation fund.

As a monetary form of fixed assets, fixed funds also have the following characteristics:

1. The period of fixed funds is relatively long, which does not depend on the production cycle of products, but on the service life of fixed assets.

2. Compensation for the value of fixed funds and renewal in kind shall be carried out separately. The former is gradually completed with the depreciation of fixed assets, and the latter is realized by using the depreciation fund accumulated at ordinary times when fixed assets cannot be used or should not be used.

3. When purchasing and building fixed assets, you need to pay a considerable amount of monetary funds. This investment is one-off, but it will be recovered by stages through depreciation of fixed assets.