Edvantage Group Holdings (HKSE:00382) Construction In Progress : HK$874 Mil (As of Aug. 2023)

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What is Edvantage Group Holdings Construction In Progress?

Edvantage Group Holdings's quarterly construction in progress declined from Aug. 2022 (HK$1,561 Mil) to Feb. 2023 (HK$112 Mil) but then increased from Feb. 2023 (HK$112 Mil) to Aug. 2023 (HK$874 Mil).

Edvantage Group Holdings's annual construction in progress increased from Aug. 2021 (HK$1,433 Mil) to Aug. 2022 (HK$1,561 Mil) but then declined from Aug. 2022 (HK$1,561 Mil) to Aug. 2023 (HK$874 Mil).

Edvantage Group Holdings Construction In Progress Historical Data

The historical data trend for Edvantage 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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Edvantage Group Holdings Construction In Progress Chart

Edvantage Group Holdings Annual Data

Trend

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Construction In Progress

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174.42

594.05

1,433.31

1,561.37

874.47

Edvantage Group Holdings Semi-Annual Data
	Aug16	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Construction In Progress	Get a 7-Day Free Trial										91.43	1,561.37	112.17	874.47	-

Edvantage 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.

Edvantage Group Holdings (HKSE:00382) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Edvantage Group Holdings Ltd (HKSE:00382) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Huashang Road, Licheng Street, Zengcheng, Guangzhou, CHN

Website

https://www.edvantagegroup.com.hk

Edvantage Group is a leading private education group based in Greater Bay Area. Edvantage primarily offers higher education. It also provides secondary vocational education and non-formal vocational education service.Edvantage currently operates nine schools across domestic China and overseas, and more than 98% of its revenue is generated domestically. The total number of enrolled students exceeded 95,000 as of October 2023 from 32,217 as of August 2018. The rapid expansion was achieved through organic growth and school acquisitions.

Edvantage Group Holdings (HKSE:00382) Headlines

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