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Recon Technology (Recon Technology) Construction In Progress : $0.00 Mil (As of Jun. 2023)


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What is Recon Technology Construction In Progress?

Recon Technology's quarterly construction in progress increased from Jun. 2022 ($0.04 Mil) to Dec. 2022 ($0.04 Mil) but then declined from Dec. 2022 ($0.04 Mil) to Jun. 2023 ($0.00 Mil).

Recon Technology's annual construction in progress increased from Jun. 2021 ($0.00 Mil) to Jun. 2022 ($0.04 Mil) but then declined from Jun. 2022 ($0.04 Mil) to Jun. 2023 ($0.00 Mil).


Recon Technology Construction In Progress Historical Data

The historical data trend for Recon Technology'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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Recon Technology Construction In Progress Chart

Recon Technology Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.12 - - 0.04 -

Recon Technology Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.04 0.04 -

Recon Technology 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.


Recon Technology (Recon Technology) Business Description

Traded in Other Exchanges
Address
No. 1 Shui’an South Street, Room 601, Chaoyang District, Beijing, CHN, 100012
Recon Technology Ltd is an oilfield service company. The company is engaged in the sale of oilfield automation products, equipment for oil and gas production and transportation, and engineering services. It has four reportable operating segments: Automation Product and Software, Equipment and Accessories, Platform outsourcing services, and Oilfield Environmental Protection. Majority of the firm's revenue comes from the Automation Product and Software segment.