Huajin International Holdings (HKSE:02738) Construction In Progress : HK$695 Mil (As of Dec. 2023)

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What is Huajin International Holdings Construction In Progress?

Huajin International Holdings's quarterly construction in progress declined from Dec. 2022 (HK$271 Mil) to Jun. 2023 (HK$42 Mil) but then increased from Jun. 2023 (HK$42 Mil) to Dec. 2023 (HK$695 Mil).

Huajin International Holdings's annual construction in progress declined from Dec. 2021 (HK$368 Mil) to Dec. 2022 (HK$271 Mil) but then increased from Dec. 2022 (HK$271 Mil) to Dec. 2023 (HK$695 Mil).

Huajin International Holdings Construction In Progress Historical Data

The historical data trend for Huajin International 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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Huajin International Holdings Construction In Progress Chart

Huajin International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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467.52

411.52

368.44

270.67

694.84

Huajin International Holdings Semi-Annual Data
	Dec13	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															368.44	34.42	270.67	42.33	694.84

Huajin International 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.

Huajin International Holdings (HKSE:02738) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Huajin International Holdings Ltd (HKSE:02738) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xinsha Industrial Zone of Muzhou Town, Xinhui District, Guangdong Province, Jiangmen, CHN

Website

https://www.huajin-hk.com

Huajin International Holdings Ltd is an investment holding company engaged in the cold-rolled steel processing business. It is involved in the processing of hot-rolled steel coils into cold-rolled steel strips, sheets and welded steel tubes, and galvanized steel products. It provides processing, cutting, slitting, warehousing, and delivery services on customized cold-rolled steel products and galvanized steel products. It offers Cold-rolled steel products, Galvanized steel products, Hot-rolled steel products, and others. Its revenue is derived from customers located in the PRC and Southeast Asia, of which the main revenue is generated in the PRC.

Executives

Xu Songqing	2201 Interest of corporation controlled by you
Haiyi Limited	2101 Beneficial owner
Zhong Cheng International Limited	2101 Beneficial owner
Intrend Ventures Limited	2201 Interest of corporation controlled by you
Luo Canwen	2101 Beneficial owner

Huajin International Holdings (HKSE:02738) Headlines

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