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Qingdao NovelBeam Technology Co (SHSE:688677) Construction In Progress : ¥19.8 Mil (As of Mar. 2024)


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What is Qingdao NovelBeam Technology Co Construction In Progress?

Qingdao NovelBeam Technology Co's quarterly construction in progress increased from Sep. 2023 (¥11.5 Mil) to Dec. 2023 (¥15.0 Mil) and increased from Dec. 2023 (¥15.0 Mil) to Mar. 2024 (¥19.8 Mil).

Qingdao NovelBeam Technology Co's annual construction in progress declined from Dec. 2021 (¥107.7 Mil) to Dec. 2022 (¥7.0 Mil) but then increased from Dec. 2022 (¥7.0 Mil) to Dec. 2023 (¥15.0 Mil).


Qingdao NovelBeam Technology Co Construction In Progress Historical Data

The historical data trend for Qingdao NovelBeam Technology 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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Qingdao NovelBeam Technology Co Construction In Progress Chart

Qingdao NovelBeam Technology Co Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only 19.62 69.36 107.73 7.01 15.00

Qingdao NovelBeam Technology Co Quarterly Data
Dec18 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 6.73 4.98 11.48 15.00 19.81

Qingdao NovelBeam Technology 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.


Qingdao NovelBeam Technology Co (SHSE:688677) Business Description

Traded in Other Exchanges
N/A
Address
No. 100, Weisi Road, Keyuan, Laoshan District, Shandong Province, Qingdao, CHN, 266100
Qingdao NovelBeam Technology Co Ltd is engaged in the research and development, production and sales of medical endoscope equipment and optical products. The product portfolio of the group includes Endoscope, Camera coupler, Camera lens, Medical optics, Biometrics and others.
Executives
Wang Fang Hua senior management
Mao Rong Zhuang Core technical personnel
Zheng Jin Lan Supervisors

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