Ningbo Zhoushan Port Co (SHSE:601018) Construction In Progress : ¥8,572 Mil (As of Dec. 2023)

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What is Ningbo Zhoushan Port Co Construction In Progress?

Ningbo Zhoushan Port Co's quarterly construction in progress increased from Jun. 2023 (¥10,852 Mil) to Sep. 2023 (¥10,927 Mil) but then declined from Sep. 2023 (¥10,927 Mil) to Dec. 2023 (¥8,572 Mil).

Ningbo Zhoushan Port Co's annual construction in progress increased from Dec. 2021 (¥7,919 Mil) to Dec. 2022 (¥10,554 Mil) but then declined from Dec. 2022 (¥10,554 Mil) to Dec. 2023 (¥8,572 Mil).

Ningbo Zhoushan Port Co Construction In Progress Historical Data

The historical data trend for Ningbo Zhoushan Port 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.
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Ningbo Zhoushan Port Co Construction In Progress Chart

Ningbo Zhoushan Port Co Annual Data

Trend

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Dec23

Construction In Progress

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7,136.52

7,536.07

7,918.83

10,554.22

8,572.37

Ningbo Zhoushan Port 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															10,554.22	10,916.38	10,851.92	10,927.08	8,572.37

Ningbo Zhoushan Port 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.

Ningbo Zhoushan Port Co (SHSE:601018) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ningbo Zhoushan Port Co Ltd (SHSE:601018) » Definitions » Construction In Progress

Traded in Other Exchanges

N/A

Address

No. 269, Ningdong Road, No. 1-4, Ningbo Global Shipping Plaza, Jiangdong District, Zhejiang Province, Ningbo, CHN, 315800

Website

https://www.nbport.com.cn

Ningbo Zhoushan Port Co Ltd operates in the ports of Ningbo and Zhoushan, China. The Company handles containers, minerals, crude oil, liquid chemical products and other goods. The company also provides port leasing, ship agency and logistics services.

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