Zhuzhou CRRC Times Electric Co (HKSE:03898) Construction In Progress : HK$2,593 Mil (As of Dec. 2023)

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What is Zhuzhou CRRC Times Electric Co Construction In Progress?

Zhuzhou CRRC Times Electric Co's quarterly construction in progress declined from Jun. 2023 (HK$1,186 Mil) to Sep. 2023 (HK$0 Mil) but then increased from Sep. 2023 (HK$0 Mil) to Dec. 2023 (HK$2,593 Mil).

Zhuzhou CRRC Times Electric Co's annual construction in progress declined from Dec. 2021 (HK$1,337 Mil) to Dec. 2022 (HK$773 Mil) but then increased from Dec. 2022 (HK$773 Mil) to Dec. 2023 (HK$2,593 Mil).

Zhuzhou CRRC Times Electric Co Construction In Progress Historical Data

The historical data trend for Zhuzhou CRRC Times Electric 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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Zhuzhou CRRC Times Electric Co Construction In Progress Chart

Zhuzhou CRRC Times Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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406.88

2,194.81

1,336.98

772.85

2,592.78

Zhuzhou CRRC Times Electric Co Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															-	772.85	1,185.75	-	2,592.78

Zhuzhou CRRC Times Electric 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.

Zhuzhou CRRC Times Electric Co (HKSE:03898) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Zhuzhou CRRC Times Electric Co Ltd (HKSE:03898) » Definitions » Construction In Progress

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ZHUZY:USA ZTX:Germany 688187:China

Address

No. 169 Times Road, Shifeng District, Hunan Province, Zhuzhou, CHN, 412001

Website

http://www.tec.crrczic.cc

Zhuzhou CRRC Times Electric Co Ltd is a China-based company mainly engaged in the research and development (R&D), design, manufacturing and sales of rail transit equipment products. The Company is also engaged in R&D, design, manufacturing and sales of emerging equipment. The rail transit equipment business mainly includes rail transit electrical equipment, such as traction converter system, information and intelligent system products, power supply system and test equipment, and rail engineering machinery and communication signal system. semiconductor devices, industrial converter products, electric drive systems of new energy vehicles, sensor devices and marine engineering equipment. The Company operates in the domestic market and overseas markets.

Zhuzhou CRRC Times Electric Co (HKSE:03898) Headlines

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