Anhui Conch Cement Co (Anhui Conch Cement Co) Construction In Progress : $1,518 Mil (As of Dec. 2023)

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What is Anhui Conch Cement Co Construction In Progress?

Anhui Conch Cement Co's quarterly construction in progress increased from Jun. 2023 ($1,559 Mil) to Sep. 2023 ($1,580 Mil) but then declined from Sep. 2023 ($1,580 Mil) to Dec. 2023 ($1,518 Mil).

Anhui Conch Cement Co's annual construction in progress increased from Dec. 2021 ($1,142 Mil) to Dec. 2022 ($1,203 Mil) and increased from Dec. 2022 ($1,203 Mil) to Dec. 2023 ($1,518 Mil).

Anhui Conch Cement Co Construction In Progress Historical Data

The historical data trend for Anhui Conch Cement 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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Anhui Conch Cement Co Construction In Progress Chart

Anhui Conch Cement Co Annual Data

Trend

Dec14

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Dec22

Dec23

Construction In Progress

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889.38

720.41

1,141.96

1,203.02

1,518.46

Anhui Conch Cement Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															1,203.02	1,386.69	1,559.24	1,580.14	1,518.46

Anhui Conch Cement 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.

Anhui Conch Cement Co (Anhui Conch Cement Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Anhui Conch Cement Co Ltd (OTCPK:AHCHY) » Definitions » Construction In Progress

Traded in Other Exchanges

AHCHF:USA 00914:Hong Kong AQE:Germany 600585:China

Address

No. 39 Wenhua Road, Anhui Province, Wuhu, CHN, 241000

Website

http://www.conch.cn

Anhui Conch Cement is mainly engaged in the production and sale of cement and clinker. The company was established in 1997 and headquartered in Anhui province. With annual cement production capacity of 388 million metric tons in 2022, the firm is the second-largest cement manufacturer in China. Sales of self-produced products contributed about 71.9% of its 2022 revenue, with the remainder mainly from the trading business and service income.

Anhui Conch Cement Co (Anhui Conch Cement Co) Headlines

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