Able Engineering Holdings (HKSE:01627) Construction In Progress : HK$0 Mil (As of Sep. 2023)

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What is Able Engineering Holdings Construction In Progress?

Able Engineering Holdings's quarterly construction in progress increased from Sep. 2022 (HK$0 Mil) to Mar. 2023 (HK$394 Mil) but then declined from Mar. 2023 (HK$394 Mil) to Sep. 2023 (HK$0 Mil).

Able Engineering Holdings's annual construction in progress increased from Mar. 2021 (HK$31 Mil) to Mar. 2022 (HK$94 Mil) and increased from Mar. 2022 (HK$94 Mil) to Mar. 2023 (HK$394 Mil).

Able Engineering Holdings Construction In Progress Historical Data

The historical data trend for Able Engineering 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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Able Engineering Holdings Construction In Progress Chart

Able Engineering Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Construction In Progress

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3.23

31.27

93.80

394.34

Able Engineering Holdings Semi-Annual Data
	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Construction In Progress	Get a 7-Day Free Trial													-	93.80	-	394.34	-

Able Engineering 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.

Able Engineering Holdings (HKSE:01627) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Able Engineering Holdings Ltd (HKSE:01627) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 155 Waterloo Road, Kowloon Tong, Kowloon, Hong Kong, HKG

Website

https://www.ableeng.com.hk

Able Engineering Holdings Ltd is engaged in building construction and repair, maintenance, alteration, and addition (RMAA) . The company is engaged in the construction and renovation of residential buildings, the design and construction of government facilities, skeleton fabrication, school reconstruction, public rental housing construction, and public housing construction. The company's projects include Project A9 in Kowloon City, project A10 in Tai Lam, project A11 in Ho Man Tin, project A12 in Repulse Bay, and others. Geographically, it derives revenue from Hong Kong.

Able Engineering Holdings (HKSE:01627) Headlines

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