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SP New Energy (PHS:SPNEC) Construction In Progress : ₱6,400.3 Mil (As of Mar. 2024)


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What is SP New Energy Construction In Progress?

SP New Energy's quarterly construction in progress declined from Sep. 2023 (₱6,235.6 Mil) to Dec. 2023 (₱6,175.2 Mil) but then increased from Dec. 2023 (₱6,175.2 Mil) to Mar. 2024 (₱6,400.3 Mil).

SP New Energy's annual construction in progress stayed the same from Dec. 2020 (₱0.0 Mil) to Jun. 2022 (₱0.0 Mil) but then increased from Jun. 2022 (₱0.0 Mil) to Dec. 2023 (₱6,175.2 Mil).

SP New Energy Construction In Progress Historical Data

The historical data trend for SP New Energy'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.

* Premium members only.

SP New Energy Construction In Progress Chart

SP New Energy Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Jun22 Dec23
Construction In Progress
Get a 7-Day Free Trial 34.93 - - - 6,175.24

SP New Energy Quarterly Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 3,416.44 3,701.28 6,235.62 6,175.24 6,400.35

SP New Energy 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.

SP New Energy (PHS:SPNEC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » SP New Energy Corp (PHS:SPNEC) » Definitions » Construction In Progress
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Traded in Other Exchanges
N/A
Address
112 Legaspi Street, Legaspi Village, Brgy. San Lorenzo, Makati, PHL, 1229
Website
https://www.spnec.ph
SP New Energy Corp is a renewable energy power generation company. The primary purpose is to construct, erect, assemble, commission, operate, and maintain power-generating plants, warehouses, terminals, and related facilities for the conversion of renewable energy into a usable form fit for electricity generation and distribution.

SP New Energy (PHS:SPNEC) Headlines

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