Nam Cheong (SGX:1MZ) Construction In Progress : S$0.0 Mil (As of Mar. 2024)

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What is Nam Cheong Construction In Progress?

Nam Cheong's quarterly construction in progress increased from Sep. 2023 (S$0.0 Mil) to Dec. 2023 (S$0.7 Mil) but then declined from Dec. 2023 (S$0.7 Mil) to Mar. 2024 (S$0.0 Mil).

Nam Cheong's annual construction in progress declined from Dec. 2021 (S$0.8 Mil) to Dec. 2022 (S$0.8 Mil) and declined from Dec. 2022 (S$0.8 Mil) to Dec. 2023 (S$0.7 Mil).

Nam Cheong Construction In Progress Historical Data

The historical data trend for Nam Cheong'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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Nam Cheong Construction In Progress Chart

Nam Cheong Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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0.83

0.84

0.83

0.78

0.73

Nam Cheong Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															-	-	-	0.73	-

Nam Cheong 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.

Nam Cheong (SGX:1MZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Nam Cheong Ltd (SGX:1MZ) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

80, Robinson Road, No. 02-00, Singapore, SGP, 068898

Website

http://www.namcheong.com.my

Nam Cheong Ltd along is an offshore marine group specializing in the building of offshore support vessels. The company's operating segment includes Shipbuilding; Vessel chartering and others. It generates maximum revenue from the Vessel chartering segment. Geographically, it derives a majority of its revenue from Malaysia. Its fleet comprises Anchor Handling Tug Supply (AHTS) vessels, Platform Supply Vessels (PSV), Maintenance Work Vessels (MWV), Safety Supply Vessels (SSV), and landing crafts.

Nam Cheong (SGX:1MZ) Headlines

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