Sunwave Communications Co (SZSE:002115) Construction In Progress : ¥11 Mil (As of Mar. 2024)

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What is Sunwave Communications Co Construction In Progress?

Sunwave Communications Co's quarterly construction in progress declined from Sep. 2023 (¥156 Mil) to Dec. 2023 (¥10 Mil) but then increased from Dec. 2023 (¥10 Mil) to Mar. 2024 (¥11 Mil).

Sunwave Communications Co's annual construction in progress increased from Dec. 2021 (¥67 Mil) to Dec. 2022 (¥97 Mil) but then declined from Dec. 2022 (¥97 Mil) to Dec. 2023 (¥10 Mil).

Sunwave Communications Co Construction In Progress Historical Data

The historical data trend for Sunwave Communications 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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Sunwave Communications Co Construction In Progress Chart

Sunwave Communications Co Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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9.19

22.89

67.46

96.98

10.05

Sunwave Communications 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															162.46	156.75	156.16	10.05	10.84

Sunwave Communications 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.

Sunwave Communications Co (SZSE:002115) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sunwave Communications Co Ltd (SZSE:002115) » Definitions » Construction In Progress

Traded in Other Exchanges

N/A

Address

No. 581 Torch Avenue, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310053

Website

http://www.sunwave.com.cn

Sunwave Communications Co Ltd is principally engaged in the manufacturing and sale of communication equipment in China. The company also provide system integration services and development, and are involved in the sale of wireless electronic devices.

Sunwave Communications Co (SZSE:002115) Headlines

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