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Wolong Electric Group Co (SHSE:600580) Construction In Progress : ¥489 Mil (As of Mar. 2024)


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What is Wolong Electric Group Co Construction In Progress?

Wolong Electric Group Co's quarterly construction in progress increased from Sep. 2023 (¥409 Mil) to Dec. 2023 (¥723 Mil) but then declined from Dec. 2023 (¥723 Mil) to Mar. 2024 (¥489 Mil).

Wolong Electric Group Co's annual construction in progress increased from Dec. 2021 (¥379 Mil) to Dec. 2022 (¥550 Mil) and increased from Dec. 2022 (¥550 Mil) to Dec. 2023 (¥723 Mil).


Wolong Electric Group Co Construction In Progress Historical Data

The historical data trend for Wolong Electric Group 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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Wolong Electric Group Co Construction In Progress Chart

Wolong Electric Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 351.69 342.01 378.93 550.23 723.27

Wolong Electric Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 621.21 565.28 409.16 723.27 489.34

Wolong Electric Group 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.


Wolong Electric Group Co (SHSE:600580) Business Description

Traded in Other Exchanges
N/A
Address
No. 1801 Renmin West Road, Shangyu, Zhejiang, CHN, 312300
Wolong Electric Group Co Ltd is engaged in the development, manufacture and sales of motors, electronic-controlled devices, power transmission and transformation equipment, electro-mechanical and power products in China.

Wolong Electric Group Co (SHSE:600580) Headlines

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