China Oriental Group Co (STU:ORG) Construction In Progress : €238 Mil (As of Dec. 2023)

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What is China Oriental Group Co Construction In Progress?

China Oriental Group Co's quarterly construction in progress declined from Dec. 2022 (€327 Mil) to Jun. 2023 (€0 Mil) but then increased from Jun. 2023 (€0 Mil) to Dec. 2023 (€238 Mil).

China Oriental Group Co's annual construction in progress declined from Dec. 2021 (€371 Mil) to Dec. 2022 (€327 Mil) and declined from Dec. 2022 (€327 Mil) to Dec. 2023 (€238 Mil).

China Oriental Group Co Construction In Progress Historical Data

The historical data trend for China Oriental Group 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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China Oriental Group Co Construction In Progress Chart

China Oriental Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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376.63

123.28

371.42

327.01

238.33

China Oriental Group Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															371.42	-	327.01	-	238.33

China Oriental Group 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.

China Oriental Group Co (STU:ORG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » China Oriental Group Co Ltd (STU:ORG) » Definitions » Construction In Progress

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00581:Hong Kong

Address

23 Harbour Road, Suites 901-2 and 10, 9th Floor, Great Eagle Centre, Wanchai, Hong Kong, HKG

Website

http://www.chinaorientalgroup.com

China Oriental Group Co Ltd is an iron and steel producer. The company is organized into two main operating segments: Iron and Steel and Real Estate. The Iron and Steel segment is comprised of the manufacturing and sale of iron and steel products and trading of steel products and iron ore and under its Real Estate segment it develops and sells properties. China Oriental produces downstream products including H-section steel, Cold rolled sheets, Galvanized sheets, Strips and strip products, Billets, Rebar, and Steel pile sheets. The company generates the majority of its revenue from the Iron and Steel segment. The firm's major customers are based in Northern China.