China High Speed Transmission Equipment Group Co (China High Speed Transmission Equipment Group Co) Construction In Progress : $358 Mil (As of Dec. 2023)

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What is China High Speed Transmission Equipment Group Co Construction In Progress?

China High Speed Transmission Equipment Group Co's quarterly construction in progress declined from Dec. 2022 ($343 Mil) to Jun. 2023 ($0 Mil) but then increased from Jun. 2023 ($0 Mil) to Dec. 2023 ($358 Mil).

China High Speed Transmission Equipment Group Co's annual construction in progress increased from Dec. 2021 ($176 Mil) to Dec. 2022 ($343 Mil) and increased from Dec. 2022 ($343 Mil) to Dec. 2023 ($358 Mil).

China High Speed Transmission Equipment Group Co Construction In Progress Historical Data

The historical data trend for China High Speed Transmission Equipment Group Co's Construction In Progress 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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China High Speed Transmission Equipment Group Co Construction In Progress Chart

China High Speed Transmission Equipment Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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89.61

83.85

175.61

343.30

357.60

China High Speed Transmission Equipment Group Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															175.61	-	343.30	-	357.60

China High Speed Transmission Equipment Group Co Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

China High Speed Transmission Equipment Group Co (China High Speed Transmission Equipment Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China High Speed Transmission Equipment Group Co Ltd (OTCPK:CHSTY) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

00658:Hong Kong BGR:Germany

Address

No. 30, Houjiao Road, Jiangning District, Nanjing, CHN

Website

https://www.chste.com

China High Speed Transmission Equipment Group Co Ltd is a China-based company that is engaged in researching, developing, designing, manufacturing, and distributing a wide range of mechanical transmission equipment. Its business portfolio includes Wind Energy Gearboxes; Rail Vehicle Gearboxes; Industrial Gearbox; and Robot Reducers. The company's segment includes Wind and industrial gear transmission equipment; Rail transportation gear transmission equipment segment; Trading business and Others.