China Evergrande Group (HKSE:03333) Construction In Progress : HK$1,154 Mil (As of Jun. 2023)

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What is China Evergrande Group Construction In Progress?

China Evergrande Group's quarterly construction in progress increased from Jun. 2022 (HK$0 Mil) to Dec. 2022 (HK$60,014 Mil) but then declined from Dec. 2022 (HK$60,014 Mil) to Jun. 2023 (HK$1,154 Mil).

China Evergrande Group's annual construction in progress increased from Dec. 2020 (HK$58,664 Mil) to Dec. 2021 (HK$68,952 Mil) but then declined from Dec. 2021 (HK$68,952 Mil) to Dec. 2022 (HK$60,014 Mil).

China Evergrande Group Construction In Progress Historical Data

The historical data trend for China Evergrande 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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China Evergrande Group Construction In Progress Chart

China Evergrande Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Construction In Progress

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18,060.15

31,664.44

58,663.51

68,952.21

60,014.48

China Evergrande 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															2,819.58	68,952.21	-	60,014.48	1,153.94

China Evergrande 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.

China Evergrande Group (HKSE:03333) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Evergrande Group (HKSE:03333) » Definitions » Construction In Progress

Traded in Other Exchanges

EGRNQ:USA EV1:Germany

Address

Number. 78 Huangpu Avenue West, Tianhe District, Guangdong Province, Guangzhou, CHN, 510620

Website

https://www.evergrande.com

China Evergrande Group is a large real estate developer. In 2019, it was ranked in third place by sales value among developers in China. It has projects in more than 200 cities across China and property development accounts for 90% of earnings. The firm also has interests in banking, insurance, tourism, and healthcare. Evergrande was listed in Hong Kong in late 2009. The company is in the process of spinning off its real estate business into a Shenzhen-listed entity. Free float is 25%, with the company's founder Hui Ka Yan holding the remaining share.

Executives

Ding Yu Mei	2202 Interest of your spouse
Hui Ka Yan	2201 Interest of corporation controlled by you
Xin Xin (bvi) Limited	2101 Beneficial owner
Even Honour Holdings Limited	2101 Beneficial owner
Yaohua Limited	2201 Interest of corporation controlled by you

China Evergrande Group (HKSE:03333) Headlines

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