Luxshare Precision Industry Co (SZSE:002475) Construction In Progress : ¥2,344 Mil (As of Mar. 2024)

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What is Luxshare Precision Industry Co Construction In Progress?

Luxshare Precision Industry Co's quarterly construction in progress increased from Sep. 2023 (¥2,194 Mil) to Dec. 2023 (¥2,226 Mil) and increased from Dec. 2023 (¥2,226 Mil) to Mar. 2024 (¥2,344 Mil).

Luxshare Precision Industry Co's annual construction in progress declined from Dec. 2021 (¥3,685 Mil) to Dec. 2022 (¥2,695 Mil) and declined from Dec. 2022 (¥2,695 Mil) to Dec. 2023 (¥2,226 Mil).

Luxshare Precision Industry Co Construction In Progress Historical Data

The historical data trend for Luxshare Precision Industry 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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Luxshare Precision Industry Co Construction In Progress Chart

Luxshare Precision Industry Co Annual Data

Trend

Dec14

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Dec22

Dec23

Construction In Progress

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865.55

1,596.07

3,685.34

2,695.38

2,226.22

Luxshare Precision Industry 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															3,186.59	2,532.26	2,194.33	2,226.22	2,344.49

Luxshare Precision Industry 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.

Luxshare Precision Industry Co (SZSE:002475) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Luxshare Precision Industry Co Ltd (SZSE:002475) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

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Address

No.17 Kuiqing Road, Qinghuang Industrial Zone, Qingxi Town, Guangdong, Dongguan, CHN, 523650

Website

http://www.luxshare-ict.com

Founded in 2004, Luxshare Precision is one of the world's largest manufacturers of cables and connectors and is a major supplier to Apple, which accounts for over 70% of sales. The company has since expanded production into other faster-growing consumer electronic components, such as speakers, haptic, cameras, PC docks, and wireless charging modules, as well as electronic manufacturing services for Apple's Watch and AirPods. Of Luxshare's 2022 sales, 84% is derived from the consumer electronics end market, while the remaining 16% is spread across the computer, communication and automobile verticals. Luxshare employs over 230,000 people and has manufacturing bases in China, India, and Vietnam.

Luxshare Precision Industry Co (SZSE:002475) Headlines

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