Contemporary Amperex Technology Co (SZSE:300750) Construction In Progress : ¥26,216 Mil (As of Mar. 2024)

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What is Contemporary Amperex Technology Co Construction In Progress?

Contemporary Amperex Technology Co's quarterly construction in progress declined from Sep. 2023 (¥30,650 Mil) to Dec. 2023 (¥25,012 Mil) but then increased from Dec. 2023 (¥25,012 Mil) to Mar. 2024 (¥26,216 Mil).

Contemporary Amperex Technology Co's annual construction in progress increased from Dec. 2021 (¥30,998 Mil) to Dec. 2022 (¥35,398 Mil) but then declined from Dec. 2022 (¥35,398 Mil) to Dec. 2023 (¥25,012 Mil).

Contemporary Amperex Technology Co Construction In Progress Historical Data

The historical data trend for Contemporary Amperex Technology 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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Contemporary Amperex Technology Co Construction In Progress Chart

Contemporary Amperex Technology Co Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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1,996.53

5,750.35

30,998.16

35,397.65

25,011.91

Contemporary Amperex Technology 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															32,354.33	32,670.44	30,650.10	25,011.91	26,216.11

Contemporary Amperex Technology 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.

Contemporary Amperex Technology Co (SZSE:300750) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

No. 2, Xingang Road, Liwan Town, Jiaocheng District, Fujian Province, Ningde City, CHN, 352100

Website

http://www.catlbattery.com

CATL, headquartered in Ningde, Fujian Province, is a global leading Chinese battery manufacturer founded in 2011. The company specializes in the development and production of lithium-ion batteries for EVs and energy storage systems. CATL is the largest EV battery manufacturer in the world and leads the industry in innovative battery technology development for higher-energy density and safety, longer battery service life and super-fast charging. CATL is also involved in the manufacturing of cathode and other related battery materials. Through its subsidiary Brunp, it works with customers to create a closed-loop battery life cycle from production, application, to recycling.

Contemporary Amperex Technology Co (SZSE:300750) Headlines

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