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Qingdao Topscomm Communication (SHSE:603421) Construction In Progress : ¥250 Mil (As of Mar. 2024)


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What is Qingdao Topscomm Communication Construction In Progress?

Qingdao Topscomm Communication's quarterly construction in progress increased from Sep. 2023 (¥247 Mil) to Dec. 2023 (¥249 Mil) and increased from Dec. 2023 (¥249 Mil) to Mar. 2024 (¥250 Mil).

Qingdao Topscomm Communication's annual construction in progress declined from Dec. 2021 (¥303 Mil) to Dec. 2022 (¥272 Mil) and declined from Dec. 2022 (¥272 Mil) to Dec. 2023 (¥249 Mil).

Qingdao Topscomm Communication Construction In Progress Historical Data

The historical data trend for Qingdao Topscomm Communication'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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Qingdao Topscomm Communication Construction In Progress Chart

Qingdao Topscomm Communication 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 249.39 246.56 302.74 272.32 248.61

Qingdao Topscomm Communication 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 268.31 261.55 247.24 248.61 250.08

Qingdao Topscomm Communication 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.

Qingdao Topscomm Communication (SHSE:603421) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Qingdao Topscomm Communication Inc (SHSE:603421) » Definitions » Construction In Progress
Comparable Companies
SHSE:603508 SZSE:002383 SZSE:002829 SHSE:688112 SZSE:300516 SZSE:300177 SZSE:300349 SZSE:300590 SZSE:300007 SZSE:002658 TSE:6861 FTV OSTO:HEXA B KEYS GRMN TDY TRMB TSE:7701 CGNX ST
Traded in Other Exchanges
N/A
Address
No. 288 Ningxia Road, 5th Floor, No. 6 Building, Qingdao Software Park, Shinan District, Qingdao City, CHN, 266024
Website
http://www.topscomm.com
Qingdao Topscomm Communication Inc designs, researches and develops, manufactures, and sells smart products for electric power and fire protection in China. It also engages in the research and development of power line carrier communication chips and fieldbus communication chips. Its products include smart energy meters, such as smart prepayment and advanced metering infrastructure (AMI), power line carrier communication system; chips; terminal collecting device such as concentrator and state grid concentrator; and intelligent indoor terminal. It also provides AMI, prepayment vending, water/gas/heat and electricity meter AMR/AMI, distribution automation and management, and low and medium voltage PLC communication solutions.

Qingdao Topscomm Communication (SHSE:603421) Headlines

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