PCCW (HKSE:00008) Construction In Progress : HK$2,945 Mil (As of Dec. 2023)

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What is PCCW Construction In Progress?

PCCW's quarterly construction in progress declined from Dec. 2022 (HK$2,609 Mil) to Jun. 2023 (HK$0 Mil) but then increased from Jun. 2023 (HK$0 Mil) to Dec. 2023 (HK$2,945 Mil).

PCCW's annual construction in progress increased from Dec. 2021 (HK$2,601 Mil) to Dec. 2022 (HK$2,609 Mil) and increased from Dec. 2022 (HK$2,609 Mil) to Dec. 2023 (HK$2,945 Mil).

PCCW Construction In Progress Historical Data

The historical data trend for PCCW'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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PCCW Construction In Progress Chart

PCCW Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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5,513.00

2,814.00

2,601.00

2,609.00

2,945.00

PCCW 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															2,601.00	-	2,609.00	-	2,945.00

PCCW 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.

PCCW (HKSE:00008) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » PCCW Ltd (HKSE:00008) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

PCWLF:USA PCCWY:USA TH3B:Germany

Address

Taikoo Place, 979 King’s Road, 41st Floor, PCCW Tower, Quarry Bay, Hong Kong, HKG

Website

http://www.pccw.com

PCCW Ltd is a Hong Kong-based company engaged in the businesses of telecommunications, media, information technology solutions, property development and investment, and others. Its operating segments are HKT Limited (HKT), Media Business, and Solutions Business. The entity derives key revenue from the HKT segment, which includes the provision of telecommunications and related services such as local telephony, local data and broadband, international telecommunications, mobile, and other telecommunications businesses such as customer premises equipment sales, outsourcing, consulting, and contact centers. The company operates in Hong Kong, Mainland and other parts of China, Singapore and other countries, of which maximum revenue is derived from the operations in Hong Kong.

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