GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Luoyang Xinqianglian Slewing Bearing Co Ltd (SZSE:300850) » Definitions » Construction In Progress

Luoyang Xinqianglian Slewing Bearing Co (SZSE:300850) Construction In Progress : ¥732 Mil (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Luoyang Xinqianglian Slewing Bearing Co Construction In Progress?

Luoyang Xinqianglian Slewing Bearing Co's quarterly construction in progress increased from Jun. 2023 (¥709 Mil) to Sep. 2023 (¥890 Mil) but then declined from Sep. 2023 (¥890 Mil) to Dec. 2023 (¥732 Mil).

Luoyang Xinqianglian Slewing Bearing Co's annual construction in progress increased from Dec. 2021 (¥369 Mil) to Dec. 2022 (¥517 Mil) and increased from Dec. 2022 (¥517 Mil) to Dec. 2023 (¥732 Mil).


Luoyang Xinqianglian Slewing Bearing Co Construction In Progress Historical Data

The historical data trend for Luoyang Xinqianglian Slewing Bearing 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.

* Premium members only.

Luoyang Xinqianglian Slewing Bearing Co Construction In Progress Chart

Luoyang Xinqianglian Slewing Bearing Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial 6.13 92.88 368.76 517.32 731.99

Luoyang Xinqianglian Slewing Bearing 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 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 517.32 522.87 708.60 889.74 731.99

Luoyang Xinqianglian Slewing Bearing 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.


Luoyang Xinqianglian Slewing Bearing Co (SZSE:300850) Business Description

Traded in Other Exchanges
N/A
Address
Jiuzhou Road, Luoxin Industrial Park, Henan Province, Luoyang, CHN, 471800
Luoyang Xinqianglian Slewing Bearing Co Ltd is engaged in production and sales of large slewing bearings and industrial forgings. The company designs and manufactures slewing bearings; precision bearings; shield machine parts; mid-to-high frequency quenching, bearing roller processing; sales of forgings, castings, and flanges.

Luoyang Xinqianglian Slewing Bearing Co (SZSE:300850) Headlines

No Headlines