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Shandong Tengda Fasten Tech Co (SZSE:001379) Construction In Progress : ¥70 Mil (As of Mar. 2024)


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What is Shandong Tengda Fasten Tech Co Construction In Progress?

Shandong Tengda Fasten Tech Co's quarterly construction in progress increased from Sep. 2023 (¥34 Mil) to Dec. 2023 (¥59 Mil) and increased from Dec. 2023 (¥59 Mil) to Mar. 2024 (¥70 Mil).

Shandong Tengda Fasten Tech Co's annual construction in progress increased from Dec. 2021 (¥0 Mil) to Dec. 2022 (¥5 Mil) and increased from Dec. 2022 (¥5 Mil) to Dec. 2023 (¥59 Mil).


Shandong Tengda Fasten Tech Co Construction In Progress Historical Data

The historical data trend for Shandong Tengda Fasten Tech 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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Shandong Tengda Fasten Tech Co Construction In Progress Chart

Shandong Tengda Fasten Tech Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
1.25 4.05 - 4.67 58.68

Shandong Tengda Fasten Tech Co Quarterly Data
Dec19 Dec20 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 - 25.78 34.07 58.68 70.31

Shandong Tengda Fasten Tech 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.


Shandong Tengda Fasten Tech Co (SZSE:001379) Business Description

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Shandong Tengda Fasten Tech Co Ltd is engaged in research and development, production and sales of stainless steel fastener products. Its product include bolt, nut, screws, washer, rivet, wood etc.

Shandong Tengda Fasten Tech Co (SZSE:001379) Headlines

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