Titan Wind Energy (Suzhou) Co (SZSE:002531) Construction In Progress : ¥1,400 Mil (As of Mar. 2024)

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What is Titan Wind Energy (Suzhou) Co Construction In Progress?

Titan Wind Energy (Suzhou) Co's quarterly construction in progress increased from Sep. 2023 (¥949 Mil) to Dec. 2023 (¥1,148 Mil) and increased from Dec. 2023 (¥1,148 Mil) to Mar. 2024 (¥1,400 Mil).

Titan Wind Energy (Suzhou) Co's annual construction in progress increased from Dec. 2021 (¥909 Mil) to Dec. 2022 (¥2,397 Mil) but then declined from Dec. 2022 (¥2,397 Mil) to Dec. 2023 (¥1,148 Mil).

Titan Wind Energy (Suzhou) Co Construction In Progress Historical Data

The historical data trend for Titan Wind Energy (Suzhou) 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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Titan Wind Energy (Suzhou) Co Construction In Progress Chart

Titan Wind Energy (Suzhou) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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223.26

1,193.65

908.97

2,397.16

1,147.60

Titan Wind Energy (Suzhou) 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															2,484.65	948.85	948.82	1,147.60	1,399.82

Titan Wind Energy (Suzhou) 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.

Titan Wind Energy (Suzhou) Co (SZSE:002531) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Titan Wind Energy (Suzhou) Co Ltd (SZSE:002531) » Definitions » Construction In Progress

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Traded in Other Exchanges

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Address

28 Ningbo East Road, Jiangsu, Taicang, CHN, 215400

Website

http://www.titanwind.com.cn/

Titan Wind Energy (Suzhou) Co Ltd is engaged in the research, design, manufacture, and distribution of wind towers. The towers are distributed to dozens of countries like the United States, Canada, Brazil, Germany, Sweden, the United Kingdom, Romania, Spain, Australia, New Zealand, Thailand, India and other parts of the world.

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