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ShanDong Swan Cotton Industrial Machinery Stock Co (SHSE:603029) Construction In Progress : ¥23.8 Mil (As of Mar. 2024)


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What is ShanDong Swan Cotton Industrial Machinery Stock Co Construction In Progress?

ShanDong Swan Cotton Industrial Machinery Stock Co's quarterly construction in progress increased from Sep. 2023 (¥12.8 Mil) to Dec. 2023 (¥23.9 Mil) but then declined from Dec. 2023 (¥23.9 Mil) to Mar. 2024 (¥23.8 Mil).

ShanDong Swan Cotton Industrial Machinery Stock Co's annual construction in progress declined from Dec. 2021 (¥16.3 Mil) to Dec. 2022 (¥9.9 Mil) but then increased from Dec. 2022 (¥9.9 Mil) to Dec. 2023 (¥23.9 Mil).


ShanDong Swan Cotton Industrial Machinery Stock Co Construction In Progress Historical Data

The historical data trend for ShanDong Swan Cotton Industrial Machinery Stock 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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ShanDong Swan Cotton Industrial Machinery Stock Co Construction In Progress Chart

ShanDong Swan Cotton Industrial Machinery Stock 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 1.14 0.64 16.31 9.93 23.86

ShanDong Swan Cotton Industrial Machinery Stock 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 10.48 10.07 12.82 23.86 23.79

ShanDong Swan Cotton Industrial Machinery Stock 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.


ShanDong Swan Cotton Industrial Machinery Stock Co (SHSE:603029) Business Description

Traded in Other Exchanges
N/A
Address
NO.99, East Road of Dawei Village, Tianqiao District, Jinan, CHN, 250032
ShanDong Swan Cotton Industrial Machinery Stock Co Ltd is engaged in manufacturing cotton processing machinery. It also manufactures agriculture machinery. Its products can be divided into two categories: ginning equipment and stripping equipment. The ginning equipment mainly includes ginning machine, seed cotton cleaning machine, and lint cleaning machine. The stripping equipment mainly includes a stripping machine.
Executives
Yang Bing Sheng senior management

ShanDong Swan Cotton Industrial Machinery Stock Co (SHSE:603029) Headlines

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