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New World Development Co (New World Development Co) Construction In Progress : $0 Mil (As of Dec. 2023)


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What is New World Development Co Construction In Progress?

New World Development Co's quarterly construction in progress increased from Dec. 2022 ($0 Mil) to Jun. 2023 ($416 Mil) but then declined from Jun. 2023 ($416 Mil) to Dec. 2023 ($0 Mil).

New World Development Co's annual construction in progress increased from Jun. 2021 ($369 Mil) to Jun. 2022 ($451 Mil) but then declined from Jun. 2022 ($451 Mil) to Jun. 2023 ($416 Mil).

New World Development Co Construction In Progress Historical Data

The historical data trend for New World Development Co'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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New World Development Co Construction In Progress Chart

New World Development Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 531.29 725.66 369.39 450.76 416.21

New World Development Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 450.76 - 416.21 -

New World Development Co 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.

New World Development Co (New World Development Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New World Development Co Ltd (OTCPK:NDVLY) » Definitions » Construction In Progress
Comparable Companies
HKSE:00041 HKSE:00258 HKSE:00207 HKSE:00242 HKSE:00050 HKSE:00978 HKSE:00120 HKSE:00251 HKSE:00488 HKSE:00355 ASX:GMG TSE:8801 TSE:8802 HKSE:00012 PHS:SMPH BKK:CPN XSWX:SPSN OSTO:BALD B TSE:1878 BOM:503100
Traded in Other Exchanges
NWWDF:USA 00017:Hong Kong NWDA:Germany
Address
16-18 Queen's Road, Central, 30th Floor, New World Tower, Hong Kong, HKG
Website
https://www.nwd.com.hk
New World Development, or NWD, is the listed property arm of Chow Tai Fook, owned by the Cheng family. Chow Tai Fook owns a 45% stake in NWD, which mainly engages in residential property development and investment properties of retail malls and offices in Hong Kong and mainland China. NWD also develops high-end hotels across Hong Kong, mainland China and in Southeast Asia. Additionally, NWD holds a 75% interest in New World Department Store China, which operates 24 department stores in mainland China.