Jingbo Technology (Jingbo Technology) Construction In Progress : $0.98 Mil (As of Nov. 2023)

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What is Jingbo Technology Construction In Progress?

Jingbo Technology's quarterly construction in progress declined from May. 2023 ($0.97 Mil) to Aug. 2023 ($0.85 Mil) but then increased from Aug. 2023 ($0.85 Mil) to Nov. 2023 ($0.98 Mil).

Jingbo Technology's annual construction in progress increased from May. 2021 ($0.00 Mil) to May. 2022 ($0.36 Mil) and increased from May. 2022 ($0.36 Mil) to May. 2023 ($0.97 Mil).

Jingbo Technology Construction In Progress Historical Data

The historical data trend for Jingbo Technology'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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Jingbo Technology Construction In Progress Chart

Jingbo Technology Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

Construction In Progress

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0.36

0.97

Jingbo Technology Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Construction In Progress	Get a 7-Day Free Trial															-	1.17	0.97	0.85	0.98

Jingbo Technology 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.

Jingbo Technology (Jingbo Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Jingbo Technology Inc (OTCPK:SVMB) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

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Address

Yinhu Street, Building B8, China Zhigu, Fuyang District, Hangzhou, Zhejiang, CHN

Website

SavMobi Technology Inc is a china based company engaged in the provision of commercial mobile technical support services.

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