Hiwin Technologies (TPE:2049) Construction In Progress : NT$1,184 Mil (As of Mar. 2024)

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What is Hiwin Technologies Construction In Progress?

Hiwin Technologies's quarterly construction in progress declined from Sep. 2023 (NT$1,140 Mil) to Dec. 2023 (NT$1,048 Mil) but then increased from Dec. 2023 (NT$1,048 Mil) to Mar. 2024 (NT$1,184 Mil).

Hiwin Technologies's annual construction in progress declined from Dec. 2021 (NT$1,451 Mil) to Dec. 2022 (NT$1,094 Mil) and declined from Dec. 2022 (NT$1,094 Mil) to Dec. 2023 (NT$1,048 Mil).

Hiwin Technologies Construction In Progress Historical Data

The historical data trend for Hiwin Technologies'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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Hiwin Technologies Construction In Progress Chart

Hiwin Technologies Annual Data

Trend

Dec14

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Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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1,768.21

1,450.53

1,094.14

1,048.38

Hiwin Technologies 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															1,084.78	1,140.65	1,140.32	1,048.38	1,184.18

Hiwin Technologies 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.

Hiwin Technologies (TPE:2049) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hiwin Technologies Corp (TPE:2049) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7, Jingke Road, Taichung Precision Machinery Park, Taichung, TWN, 408225

Website

https://www.hiwin.tw

Hiwin Technologies Corp manufactures linear guideways used in precision positioning, guiding, and measuring applications. Other products include ball screws for industrial machinery, which turn rotary motion into linear motion, and linear actuators utilizing a gear system to transform motor-powered rotary movement into linear movement. The end market for Hiwin is Taiwan, followed by smaller markets in Germany, Japan, and the United States. The Group's reportable segments are linear guideways, ballscrews and others. Majority of revenue is generated from Linear guideways segment.

Hiwin Technologies (TPE:2049) Headlines

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