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Zhejiang Mustang Battery Co (SHSE:605378) Construction In Progress : ¥226 Mil (As of Mar. 2024)


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What is Zhejiang Mustang Battery Co Construction In Progress?

Zhejiang Mustang Battery Co's quarterly construction in progress increased from Sep. 2023 (¥164 Mil) to Dec. 2023 (¥198 Mil) and increased from Dec. 2023 (¥198 Mil) to Mar. 2024 (¥226 Mil).

Zhejiang Mustang Battery Co's annual construction in progress increased from Dec. 2021 (¥17 Mil) to Dec. 2022 (¥106 Mil) and increased from Dec. 2022 (¥106 Mil) to Dec. 2023 (¥198 Mil).


Zhejiang Mustang Battery Co Construction In Progress Historical Data

The historical data trend for Zhejiang Mustang Battery 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 Mustang Battery Co Construction In Progress Chart

Zhejiang Mustang Battery Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial 4.70 20.99 16.73 105.88 197.65

Zhejiang Mustang Battery Co Quarterly Data
Dec17 Dec18 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 119.12 148.07 163.88 197.65 226.16

Zhejiang Mustang Battery 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 Mustang Battery Co (SHSE:605378) Business Description

Traded in Other Exchanges
N/A
Address
818 Rongji Road, Luotuo Street, Zhenhai District, Zhejiang Province, Ningbo, CHN, 315202
Zhejiang Mustang Battery Co Ltd is engaged in the research and development, production and sales of high-performance, environmentally friendly zinc-manganese batteries.

Zhejiang Mustang Battery Co (SHSE:605378) Headlines

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