Tencent Holdings (LTS:0Z4S) Construction In Progress : HK$14,467 Mil (As of Sep. 2023)

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What is Tencent Holdings Construction In Progress?

Tencent Holdings's quarterly construction in progress increased from Mar. 2023 (HK$13,891 Mil) to Jun. 2023 (HK$14,504 Mil) but then declined from Jun. 2023 (HK$14,504 Mil) to Sep. 2023 (HK$14,467 Mil).

Tencent Holdings's annual construction in progress increased from Dec. 2021 (HK$7,253 Mil) to Dec. 2022 (HK$10,306 Mil) and increased from Dec. 2022 (HK$10,306 Mil) to Dec. 2023 (HK$14,857 Mil).

Tencent Holdings Construction In Progress Historical Data

The historical data trend for Tencent 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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Tencent Holdings Construction In Progress Chart

Tencent Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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4,378.67

5,854.85

7,252.52

10,306.16

14,856.80

Tencent Holdings 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															10,306.16	13,891.18	14,503.53	14,466.51	14,856.80

Tencent 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.

Tencent Holdings (LTS:0Z4S) Business Description

Industry

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TCTZF:USA TCEHY:USA TCEHY:Mexico 00700:Hong Kong NNN:Germany NNND:Austria

Address

No. 33 Haitian 2nd Road, Tencent Binhai Towers, Nanshan District, Shenzhen, CHN, 518054

Website

http://www.tencent.com

Tencent is arguably the most influential internet firm in China as one can hardly go by a day without using its products. Tencent is the world's largest video game vendor and owns the world's top-grossing mobile game--Honor of Kings. Tencent also runs China's largest social media super app--WeChat. The app is now part of the fabric of life for Chinese people who use it to chat, shop, watch videos, play games, order food and taxis, and more. Equally as impressive as its own portfolio, Tencent is also among the world's largest venture capital and investment corporations. The firm is now one of the largest shareholders in leading tech companies like Meituan, JD, DiDi, Snap, PDD, Kuaishou, Epic Games, and more.

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