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Renxin New Material Co (SZSE:301395) Construction In Progress : ¥57 Mil (As of Mar. 2024)


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What is Renxin New Material Co Construction In Progress?

Renxin New Material Co's quarterly construction in progress declined from Sep. 2023 (¥18 Mil) to Dec. 2023 (¥10 Mil) but then increased from Dec. 2023 (¥10 Mil) to Mar. 2024 (¥57 Mil).

Renxin New Material Co's annual construction in progress increased from Dec. 2021 (¥0 Mil) to Dec. 2022 (¥82 Mil) but then declined from Dec. 2022 (¥82 Mil) to Dec. 2023 (¥10 Mil).


Renxin New Material Co Construction In Progress Historical Data

The historical data trend for Renxin New 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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Renxin New Material Co Construction In Progress Chart

Renxin New Material Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial 3.09 68.42 - 81.70 10.42

Renxin New Material Co Quarterly Data
Dec16 Dec17 Dec18 Dec19 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 97.29 100.71 18.19 10.42 57.36

Renxin New 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.


Renxin New Material Co (SZSE:301395) Business Description

Traded in Other Exchanges
N/A
Address
No. 28, Xiayong Petrochemical Avenue Middle, Daya Bay, Guangdong, Huizhou, CHN, 516082
Renxin New Material Co Ltd is specialized in polystyrene high Research and development, production and sales of molecular new materials (polystyrene). The main products of Renxin New Materials have been highly recognized by downstream enterprises and established a good market image and brand awareness.

Renxin New Material Co (SZSE:301395) Headlines

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