Xinyu Iron And Steel Co (SHSE:600782) Construction In Progress : ¥1,784 Mil (As of Dec. 2023)

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What is Xinyu Iron And Steel Co Construction In Progress?

Xinyu Iron And Steel Co's quarterly construction in progress increased from Jun. 2023 (¥1,596 Mil) to Sep. 2023 (¥2,102 Mil) but then declined from Sep. 2023 (¥2,102 Mil) to Dec. 2023 (¥1,784 Mil).

Xinyu Iron And Steel Co's annual construction in progress declined from Dec. 2021 (¥1,363 Mil) to Dec. 2022 (¥901 Mil) but then increased from Dec. 2022 (¥901 Mil) to Dec. 2023 (¥1,784 Mil).

Xinyu Iron And Steel Co Construction In Progress Historical Data

The historical data trend for Xinyu Iron And Steel 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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Xinyu Iron And Steel Co Construction In Progress Chart

Xinyu Iron And Steel Co Annual Data

Trend

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Dec23

Construction In Progress

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2,330.58

1,250.61

1,363.00

900.92

1,784.31

Xinyu Iron And Steel 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															900.92	1,333.06	1,596.21	2,102.05	1,784.31

Xinyu Iron And Steel 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.

Xinyu Iron And Steel Co (SHSE:600782) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Xinyu Iron And Steel Co Ltd (SHSE:600782) » Definitions » Construction In Progress

Traded in Other Exchanges

N/A

Address

Chengdong Economic Development Zone, Xinyu, Jiangxi, CHN, 338004

Website

http://www.xinsteel.com.cn

Xinyu Iron And Steel Co Ltd deals in products like the hot rolled coil, cold rolled sheet, wire rod, rebar, round bar, steel pipe, steel strip, and metal products. The products of the company are exported to more than twenty countries and regions such as Europe, the United States, Brazil, the Middle East, South Korea, Japan, Southeast Asia, and India.

Xinyu Iron And Steel Co (SHSE:600782) Headlines

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