Wuxi Lead Intelligent Equipment Co (SZSE:300450) Construction In Progress : ¥642 Mil (As of Mar. 2024)

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What is Wuxi Lead Intelligent Equipment Co Construction In Progress?

Wuxi Lead Intelligent Equipment Co's quarterly construction in progress increased from Sep. 2023 (¥275 Mil) to Dec. 2023 (¥439 Mil) and increased from Dec. 2023 (¥439 Mil) to Mar. 2024 (¥642 Mil).

Wuxi Lead Intelligent Equipment Co's annual construction in progress declined from Dec. 2021 (¥215 Mil) to Dec. 2022 (¥178 Mil) but then increased from Dec. 2022 (¥178 Mil) to Dec. 2023 (¥439 Mil).

Wuxi Lead Intelligent Equipment Co Construction In Progress Historical Data

The historical data trend for Wuxi Lead Intelligent Equipment 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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Wuxi Lead Intelligent Equipment Co Construction In Progress Chart

Wuxi Lead Intelligent Equipment Co Annual Data

Trend

Dec14

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Dec23

Construction In Progress

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176.69

58.50

214.88

178.07

439.30

Wuxi Lead Intelligent Equipment 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															220.95	194.80	275.40	439.30	642.26

Wuxi Lead Intelligent Equipment 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.

Wuxi Lead Intelligent Equipment Co (SZSE:300450) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wuxi Lead Intelligent Equipment Co Ltd (SZSE:300450) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 20 Xinxi Road, Wuxi National Hi-Tech Industrial Development Zone, Jiangsu Province, Wuxi, CHN, 214028

Website

http://www.leadchina.cn

Wuxi Lead Intelligent Equipment Co Ltd, formerly Wuxi Lead Auto Equipment Co Ltd is engaged in manufacturing automation equipment such as lithium battery manufacturing equipment, automatic winding machine & Photovoltaic cells automation equipment.

Wuxi Lead Intelligent Equipment Co (SZSE:300450) Headlines

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