FORMETAL Co (XKRX:119500) Construction In Progress : ₩171 Mil (As of Mar. 2024)

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What is FORMETAL Co Construction In Progress?

FORMETAL Co's quarterly construction in progress increased from Sep. 2023 (₩57 Mil) to Dec. 2023 (₩76 Mil) and increased from Dec. 2023 (₩76 Mil) to Mar. 2024 (₩171 Mil).

FORMETAL Co's annual construction in progress increased from Dec. 2021 (₩0 Mil) to Dec. 2022 (₩88 Mil) but then declined from Dec. 2022 (₩88 Mil) to Dec. 2023 (₩76 Mil).

FORMETAL Co Construction In Progress Historical Data

The historical data trend for FORMETAL 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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FORMETAL Co Construction In Progress Chart

FORMETAL Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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2,611.41

337.70

88.00

76.00

FORMETAL 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															200.35	81.00	57.00	76.00	171.10

FORMETAL 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.

FORMETAL Co (XKRX:119500) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » FORMETAL Co Ltd (XKRX:119500) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1741, Mujang-ri, Jigok-myeon, Chungcheongnam-do, Seosan, KOR

Website

http://www.formetal.co.kr

FORMETAL Co Ltd is a Korea based manufacturer of various types of forgings and supplies components of precision instruments. The products offered by the company are RV gear, hold flange, shaft, sprocket, oil cap, ice cleat, center bearing, fork shift, yoke, spindle, pole, crank shaft and cam shaft, among others. The products are used in automobile, defense industry, wind power generation, heavy equipment, agricultural machine, and in other industries.

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