Neway Group Holdings (HKSE:00055) Construction In Progress : HK$0.1 Mil (As of Dec. 2023)

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What is Neway Group Holdings Construction In Progress?

Neway Group Holdings's quarterly construction in progress declined from Dec. 2022 (HK$2.3 Mil) to Jun. 2023 (HK$2.3 Mil) and declined from Jun. 2023 (HK$2.3 Mil) to Dec. 2023 (HK$0.1 Mil).

Neway Group Holdings's annual construction in progress declined from Dec. 2021 (HK$12.7 Mil) to Dec. 2022 (HK$2.3 Mil) and declined from Dec. 2022 (HK$2.3 Mil) to Dec. 2023 (HK$0.1 Mil).

Neway Group Holdings Construction In Progress Historical Data

The historical data trend for Neway Group Holdings'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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Neway Group Holdings Construction In Progress Chart

Neway Group Holdings Annual Data

Trend

Mar14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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25.97

6.03

12.68

2.30

0.15

Neway Group Holdings Semi-Annual Data
	Mar14	Sep14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															12.68	2.40	2.30	2.28	0.15

Neway Group Holdings 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.

Neway Group Holdings (HKSE:00055) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Neway Group Holdings Ltd (HKSE:00055) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

193 Prince Edward Road West, Units Nos 1103 and 1105-1111, Level 11, Tower 2, Grand Century Place, Mongkok, Kowloon, Hong Kong, HKG

Website

https://www.newaygroup.com.hk

Neway Group Holdings Ltd is engaged in the businesses of Lending; Manufacturing and sales; Music and entertainment; Property development; Property investment; Securities trading; and Trading of printing and other products. It derives key revenue from the Manufacturing and sales business which involves the business of manufacturing and sales of printing products, such as packaging boxes, labels, paper products and paper shopping bags, with a customer base; and the manufacturing and sales of surgical masks, with a Hong Kong customer base. The group has a business presence in Hong Kong, the PRC, Europe, the United States and other countries.

Neway Group Holdings (HKSE:00055) Headlines

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