China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Construction In Progress : ¥1,439 Mil (As of Dec. 2023)

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What is China Northern Rare Earth (Group) High-Tech Co Construction In Progress?

China Northern Rare Earth (Group) High-Tech Co's quarterly construction in progress increased from Jun. 2023 (¥1,718 Mil) to Sep. 2023 (¥2,123 Mil) but then declined from Sep. 2023 (¥2,123 Mil) to Dec. 2023 (¥1,439 Mil).

China Northern Rare Earth (Group) High-Tech Co's annual construction in progress increased from Dec. 2021 (¥307 Mil) to Dec. 2022 (¥1,300 Mil) and increased from Dec. 2022 (¥1,300 Mil) to Dec. 2023 (¥1,439 Mil).

China Northern Rare Earth (Group) High-Tech Co Construction In Progress Historical Data

The historical data trend for China Northern Rare Earth (Group) High-Tech 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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China Northern Rare Earth (Group) High-Tech Co Construction In Progress Chart

China Northern Rare Earth (Group) High-Tech Co Annual Data

Trend

Dec14

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Dec22

Dec23

Construction In Progress

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224.51

268.40

306.71

1,299.65

1,438.53

China Northern Rare Earth (Group) High-Tech Co 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															1,299.65	1,507.13	1,717.80	2,122.56	1,438.53

China Northern Rare Earth (Group) High-Tech 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.

China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Northern Rare Earth (Group) High-Tech Co Ltd (SHSE:600111) » Definitions » Construction In Progress

Traded in Other Exchanges

N/A

Address

No. 83 Huanghe Street, Baotou Rare Earth Hi-tech Industrial Development Zone, Inner Mongolia Autonomous Region, Baotou, CHN, 014030

Website

http://www.reht.com

China Northern Rare Earth (Group) High-Tech Co Ltd is a China-based company operating in a non-ferrous metal smelting and rolling processing industry. It refines and sells rare earth minerals and resources.

China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Headlines

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