Semiconductor Manufacturing International (HKSE:00981) Construction In Progress : HK$85,047 Mil (As of Dec. 2023)

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What is Semiconductor Manufacturing International Construction In Progress?

Semiconductor Manufacturing International's quarterly construction in progress stayed the same from Jun. 2023 (HK$0 Mil) to Sep. 2023 (HK$0 Mil) but then increased from Sep. 2023 (HK$0 Mil) to Dec. 2023 (HK$85,047 Mil).

Semiconductor Manufacturing International's annual construction in progress increased from Dec. 2021 (HK$31,073 Mil) to Dec. 2022 (HK$51,249 Mil) and increased from Dec. 2022 (HK$51,249 Mil) to Dec. 2023 (HK$85,047 Mil).

Semiconductor Manufacturing International Construction In Progress Historical Data

The historical data trend for Semiconductor Manufacturing International'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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Semiconductor Manufacturing International Construction In Progress Chart

Semiconductor Manufacturing International Annual Data

Trend

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Dec20

Dec21

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Dec23

Construction In Progress

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19,304.10

32,951.46

31,072.69

51,248.91

85,046.63

Semiconductor Manufacturing International 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															51,248.91	-	-	-	85,046.63

Semiconductor Manufacturing International 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.

Semiconductor Manufacturing International (HKSE:00981) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Semiconductor Manufacturing International Corp (HKSE:00981) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

MKN2:Germany 688981:China

Address

No. 18 Zhangjiang Road, Pudong New Area, Shanghai, CHN, 201203

Website

https://www.smics.com

Founded in 2000, Semiconductor Manufacturing International Corp. is the largest Chinese foundry and the fifth-largest globally after TSMC, Samsung Electronics, GlobalFoundries, and United Microelectronics Corp. The company's headquarters and foundry are in Shanghai, with additional foundries in Beijing, Tianjin, and Shenzhen and offices in the United States, Europe, Japan, Taiwan, and Hong Kong. Its products are used in artificial intelligence, data centers, automotive, consumer electronics, memory, and "Internet of Things" products. SMIC employs over 21,000 people.

Semiconductor Manufacturing International (HKSE:00981) Headlines

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