Wisdom Wealth Resources Investment Holding Group (HKSE:00007) Construction In Progress : HK$113.1 Mil (As of Jun. 2023)

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What is Wisdom Wealth Resources Investment Holding Group Construction In Progress?

Wisdom Wealth Resources Investment Holding Group's quarterly construction in progress increased from Jun. 2022 (HK$78.5 Mil) to Dec. 2022 (HK$118.3 Mil) but then declined from Dec. 2022 (HK$118.3 Mil) to Jun. 2023 (HK$113.1 Mil).

Wisdom Wealth Resources Investment Holding Group's annual construction in progress increased from Dec. 2020 (HK$79.6 Mil) to Dec. 2021 (HK$82.0 Mil) and increased from Dec. 2021 (HK$82.0 Mil) to Dec. 2022 (HK$118.3 Mil).

Wisdom Wealth Resources Investment Holding Group Construction In Progress Historical Data

The historical data trend for Wisdom Wealth Resources Investment Holding Group'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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Wisdom Wealth Resources Investment Holding Group Construction In Progress Chart

Wisdom Wealth Resources Investment Holding Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Construction In Progress

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79.59

82.04

118.27

Wisdom Wealth Resources Investment Holding Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Construction In Progress	Get a 7-Day Free Trial															80.58	82.04	78.48	118.27	113.06

Wisdom Wealth Resources Investment Holding Group 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.

Wisdom Wealth Resources Investment Holding Group (HKSE:00007) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wisdom Wealth Resources Investment Holding Group Ltd (HKSE:00007) » Definitions » Construction In Progress

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Traded in Other Exchanges

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Address

168-200 Connaught Road Central, Units 1910-12, 19th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG

Website

https://www.wwri007.com

Wisdom Wealth Resources Investment Holding Group Ltd is an investment holding company. The company's operating segment includes Trading business; Mineral mining, oil and gas business; Financial business and Property investment. It generates maximum revenue from the Trading business segment. Trading business segment includes sales of electronic products and equipment. Geographically, it derives a majority of revenue from PRC.

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