WH Group (HKSE:00288) Construction In Progress : HK$3,530 Mil (As of Dec. 2023)

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What is WH Group Construction In Progress?

WH Group's quarterly construction in progress stayed the same from Jun. 2023 (HK$0 Mil) to Sep. 2023 (HK$0 Mil) but then increased from Sep. 2023 (HK$0 Mil) to Dec. 2023 (HK$3,530 Mil).

WH Group's annual construction in progress increased from Dec. 2021 (HK$5,615 Mil) to Dec. 2022 (HK$5,956 Mil) but then declined from Dec. 2022 (HK$5,956 Mil) to Dec. 2023 (HK$3,530 Mil).

WH Group Construction In Progress Historical Data

The historical data trend for WH 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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WH Group Construction In Progress Chart

WH Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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2,700.36

1,806.19

5,615.28

5,955.83

3,530.03

WH Group Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															-	5,955.83	-	-	3,530.03

WH 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.

WH Group (HKSE:00288) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » WH Group Ltd (HKSE:00288) » Definitions » Construction In Progress

Traded in Other Exchanges

WHGRF:USA WHGLY:USA 0WH:Germany

Address

1 Austin Road West, Unit 7602B-7604A, Level 76, International Commerce Centre, Kowloon, Hong Kong, HKG

Website

https://www.wh-group.com

WH Group, listed on the Hong Kong exchange, is a holding company and the world's largest vertically integrated producer of pork and related packaged meat products. Its revenue is mainly derived from activities undertaken by its China and U.S. operations, which are respectively via 70.3%-owned Henan Shuanghui Investment & Development Co., or Shuanghui, and wholly owned Smithfield Foods Inc. In the U.S., its key packaged meats brands, in which it has an 8% market share, include Nathan's hot dogs, Armour, John Morrell, and Curly's, while in China, products are mainly under the Shuanghui brand, where it also has a 32% market share. We expect the company's operating profit to be split almost equally between the U.S. and China going forward with a small contribution from Europe.

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