Shimao Group Holdings (HKSE:00813) Construction In Progress : HK$3,692 Mil (As of Dec. 2023)

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What is Shimao Group Holdings Construction In Progress?

Shimao Group Holdings's quarterly construction in progress declined from Dec. 2022 (HK$3,737 Mil) to Jun. 2023 (HK$0 Mil) but then increased from Jun. 2023 (HK$0 Mil) to Dec. 2023 (HK$3,692 Mil).

Shimao Group Holdings's annual construction in progress increased from Dec. 2021 (HK$1,453 Mil) to Dec. 2022 (HK$3,737 Mil) but then declined from Dec. 2022 (HK$3,737 Mil) to Dec. 2023 (HK$3,692 Mil).

Shimao Group Holdings Construction In Progress Historical Data

The historical data trend for Shimao Group Holdings'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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Shimao Group Holdings Construction In Progress Chart

Shimao Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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3,884.84

1,579.54

1,453.12

3,736.72

3,692.19

Shimao Group Holdings 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															1,453.12	-	3,736.72	-	3,692.19

Shimao Group Holdings 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.

Shimao Group Holdings (HKSE:00813) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shimao Group Holdings Ltd (HKSE:00813) » Definitions » Construction In Progress

Traded in Other Exchanges

SIOPF:USA QHI:Germany

Address

89 Queensway, 1st Floor, Block 38, Hong Kong Lippo Centre, Hong Kong, HKG

Website

http://www.shimaogroup.hk

Shimao Group Holdings, formerly Shimao Property, is a large real estate developer in China. In addition to property development as the core business, the company plans to raise non-development revenue, which includes property investment, hotels and property management services. Shimao holds residential development projects and hotels, while its 59%-owned Shanghai Shimao holds commercial projects. The two entities collaborate on large mixed-use projects. The free float is about 35%, with the company's founder, Hui Wing Mau, holding the remaining stake.

Executives

Gemfair Investments Limited	2101 Beneficial owner
Overseas Investment Group International Limited	2501 Other
Shiying Finance Limited	2101 Beneficial owner
Hui Wing Mau	2201 Interest of corporation controlled by you

Shimao Group Holdings (HKSE:00813) Headlines

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