Yinbang Clad Material Co (SZSE:300337) Construction In Progress : ¥790 Mil (As of Mar. 2024)

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What is Yinbang Clad Material Co Construction In Progress?

Yinbang Clad Material Co's quarterly construction in progress increased from Sep. 2023 (¥440 Mil) to Dec. 2023 (¥559 Mil) and increased from Dec. 2023 (¥559 Mil) to Mar. 2024 (¥790 Mil).

Yinbang Clad Material Co's annual construction in progress increased from Dec. 2021 (¥17 Mil) to Dec. 2022 (¥33 Mil) and increased from Dec. 2022 (¥33 Mil) to Dec. 2023 (¥559 Mil).

Yinbang Clad Material Co Construction In Progress Historical Data

The historical data trend for Yinbang Clad Material 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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Yinbang Clad Material Co Construction In Progress Chart

Yinbang Clad Material Co Annual Data

Trend

Dec14

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Dec23

Construction In Progress

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27.66

16.52

33.12

558.95

Yinbang Clad Material 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															32.52	232.62	440.30	558.95	789.67

Yinbang Clad Material 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.

Yinbang Clad Material Co (SZSE:300337) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Yinbang Clad Material Co Ltd (SZSE:300337) » Definitions » Construction In Progress

Traded in Other Exchanges

N/A

Address

Houzhai, Hongshan Street, Wuxi New District, Wuxi, CHN, 214145

Website

http://www.cn-yinbang.com

Yinbang Clad Material Co Ltd is focusing on the research and development and production of aluminum clad material and multi-metal clad material. In addition, the company also focuses on metal processing, 3D printing and material research and development, sales and after-sale services. Its products are widely applied in fields like automobile heat exchangers, engineering machinery, air cooling in power station, rail transit, household appliances, aerospace, cellphone, and shipping.

Yinbang Clad Material Co (SZSE:300337) Headlines

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