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Changhong Meiling Co (SZSE:000521) Construction In Progress : ¥55 Mil (As of Mar. 2024)


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What is Changhong Meiling Co Construction In Progress?

Changhong Meiling Co's quarterly construction in progress increased from Sep. 2023 (¥51 Mil) to Dec. 2023 (¥70 Mil) but then declined from Dec. 2023 (¥70 Mil) to Mar. 2024 (¥55 Mil).

Changhong Meiling Co's annual construction in progress declined from Dec. 2021 (¥98 Mil) to Dec. 2022 (¥67 Mil) but then increased from Dec. 2022 (¥67 Mil) to Dec. 2023 (¥70 Mil).


Changhong Meiling Co Construction In Progress Historical Data

The historical data trend for Changhong Meiling 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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Changhong Meiling Co Construction In Progress Chart

Changhong Meiling Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 252.50 60.78 98.47 66.52 69.92

Changhong Meiling 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 80.53 62.92 50.55 69.92 54.88

Changhong Meiling 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.


Changhong Meiling Co (SZSE:000521) Business Description

Traded in Other Exchanges
Address
No. 2163, Lianhua Road, Economic and technology Development Zone, Hefei, Anhui, CHN, 230601
Changhong Meiling Co Ltd functions in the consumer electronic industry of China. Its product portfolio comprises of refrigerators, air conditioners, washing machines and other household appliances. Hefei Meiling conducts its operations through five segments; Air-conditioning, Refrigerator & freezer & washing machine, Marketing, Small home appliance and Others. The company's washing machine varieties include fully automatic, roller and double barrel and the air conditioning products range include Guiji and Goodbye.
Executives
Tang You Dao Executives
Li Xia Secretary Dong
Zhong Ming Directors, executives
Li Wei Director
Wu Ding Gang Directors, executives
Zhang Xiao Long Executives
Liao Tao Executives
Shang Wen Supervisors
Kou Hua Meng Director
Deng Xiao Hui Executives
Wang Ying Min Executives
Wang Yong Director
Liu Ti Bin Director

Changhong Meiling Co (SZSE:000521) Headlines

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