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AECC Aero-Engine Controls Co (SZSE:000738) Construction In Progress : ¥456 Mil (As of Mar. 2024)


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What is AECC Aero-Engine Controls Co Construction In Progress?

AECC Aero-Engine Controls Co's quarterly construction in progress increased from Sep. 2023 (¥348 Mil) to Dec. 2023 (¥447 Mil) and increased from Dec. 2023 (¥447 Mil) to Mar. 2024 (¥456 Mil).

AECC Aero-Engine Controls Co's annual construction in progress increased from Dec. 2021 (¥256 Mil) to Dec. 2022 (¥264 Mil) and increased from Dec. 2022 (¥264 Mil) to Dec. 2023 (¥447 Mil).

AECC Aero-Engine Controls Co Construction In Progress Historical Data

The historical data trend for AECC Aero-Engine Controls 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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AECC Aero-Engine Controls Co Construction In Progress Chart

AECC Aero-Engine Controls 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 232.10 220.49 255.52 263.51 446.85

AECC Aero-Engine Controls 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 282.36 316.77 347.61 446.85 455.64

AECC Aero-Engine Controls 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.

AECC Aero-Engine Controls Co (SZSE:000738) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AECC Aero-Engine Controls Co Ltd (SZSE:000738) » Definitions » Construction In Progress
Comparable Companies
SHSE:688563 SHSE:600879 SHSE:688297 SHSE:601866 SHSE:600685 SHSE:600118 SHSE:688281 SHSE:600038 SZSE:002389 SZSE:300775 GE RTX XPAR:AIR LMT BA XPAR:SAF GD NOC TDG LSE:BA.
Traded in Other Exchanges
N/A
Address
No.72 , Liangxi Road, Binhu District, Jiangsu Province, Wuxi City, CHN
Website
http://www.aaec.com.cn
AECC Aero-Engine Controls Co Ltd is engaged in the provision of aviation and defense and non-aviation civilian products. The company provides civil aviation control system precision components for well-known aviation companies abroad. It operates through three major business segments, Engine Control Systems and Components, International Cooperation and Non-Navigation Products. The Engine Control System and Components business mainly include the development, production, repair, and sales of aero-engine control systems and derivative products.

AECC Aero-Engine Controls Co (SZSE:000738) Headlines

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