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Zhejiang Tengen Electric Co (SHSE:605066) Construction In Progress : ¥7 Mil (As of Mar. 2024)


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What is Zhejiang Tengen Electric Co Construction In Progress?

Zhejiang Tengen Electric Co's quarterly construction in progress declined from Sep. 2023 (¥66 Mil) to Dec. 2023 (¥5 Mil) but then increased from Dec. 2023 (¥5 Mil) to Mar. 2024 (¥7 Mil).

Zhejiang Tengen Electric Co's annual construction in progress declined from Dec. 2021 (¥111 Mil) to Dec. 2022 (¥55 Mil) and declined from Dec. 2022 (¥55 Mil) to Dec. 2023 (¥5 Mil).


Zhejiang Tengen Electric Co Construction In Progress Historical Data

The historical data trend for Zhejiang Tengen Electric 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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Zhejiang Tengen Electric Co Construction In Progress Chart

Zhejiang Tengen Electric Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial 6.94 22.88 111.06 55.11 5.28

Zhejiang Tengen Electric 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 58.78 61.46 66.08 5.28 7.03

Zhejiang Tengen Electric 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.


Zhejiang Tengen Electric Co (SHSE:605066) Business Description

Traded in Other Exchanges
N/A
Address
Sulu Industrial Zone, Liushi Town, Zhejiang Province, Yueqing, CHN, 325604
Zhejiang Tengen Electric Co Ltd is engaged in production and sales of low-voltage electrical products such as power distribution appliances, control appliances, terminal appliances, power appliances, and instrument appliances. The company produces industrial electrical products such as low-voltage power distribution and industrial control electrical appliances, smart meters, power supplies, frequency converters, high-voltage electrical appliances, and construction electrical appliances, for electric power, communications, new energy, industrial and civil construction, metallurgy, petrochemical, machinery manufacturing.
Executives
Zhu Xing Bing Director

Zhejiang Tengen Electric Co (SHSE:605066) Headlines

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