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Xiangtan Electric Manufacturing Co (SHSE:600416) Construction In Progress : ¥50 Mil (As of Mar. 2024)


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What is Xiangtan Electric Manufacturing Co Construction In Progress?

Xiangtan Electric Manufacturing Co's quarterly construction in progress declined from Sep. 2023 (¥66 Mil) to Dec. 2023 (¥50 Mil) and declined from Dec. 2023 (¥50 Mil) to Mar. 2024 (¥50 Mil).

Xiangtan Electric Manufacturing Co's annual construction in progress declined from Dec. 2021 (¥170 Mil) to Dec. 2022 (¥58 Mil) and declined from Dec. 2022 (¥58 Mil) to Dec. 2023 (¥50 Mil).


Xiangtan Electric Manufacturing Co Construction In Progress Historical Data

The historical data trend for Xiangtan Electric Manufacturing 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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Xiangtan Electric Manufacturing Co Construction In Progress Chart

Xiangtan Electric Manufacturing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 169.38 92.19 169.75 57.51 50.07

Xiangtan Electric Manufacturing Co 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 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 43.72 48.10 66.43 50.07 49.61

Xiangtan Electric Manufacturing 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.


Xiangtan Electric Manufacturing Co (SHSE:600416) Business Description

Traded in Other Exchanges
N/A
Address
No. 302 Xiashesi Street, Xiangtan, Hunan, CHN, 411101
Xiangtan Electric Manufacturing Co., Ltd. is the backbone enterprise of China's electrical industry, the major technologies and equipment production. It is also involved in R&D and is the designated manufacturer of defense equipment.
Executives
Wang Lin Director
Zhao Wen Hong senior management
Zhong Xue Chao Supervisors
Liu Shao Cheng Supervisors
Yu Yuan Liang senior management
Yao Li Min senior management
Zhou Jian Xiong Director
Li Ji Ping Director
Su Ming senior management
Xiao Ren Zhang Supervisors
Liu Hai Qiang senior management
Liu Ning Xian Supervisors
Zhang Jian Wei Director
Zhao Yi Jun Director
Luo Jian Rong senior management

Xiangtan Electric Manufacturing Co (SHSE:600416) Headlines

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