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ACMR (ACM Research) Construction In Progress : $115.6 Mil (As of Dec. 2024)


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What is ACM Research Construction In Progress?

ACM Research's quarterly construction in progress increased from Jun. 2024 ($145.2 Mil) to Sep. 2024 ($168.9 Mil) but then declined from Sep. 2024 ($168.9 Mil) to Dec. 2024 ($115.6 Mil).

ACM Research's annual construction in progress increased from Dec. 2022 ($84.8 Mil) to Dec. 2023 ($110.7 Mil) and increased from Dec. 2023 ($110.7 Mil) to Dec. 2024 ($115.6 Mil).


ACM Research Construction In Progress Historical Data

The historical data trend for ACM Research'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.

ACM Research Construction In Progress Chart

ACM Research Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.76 48.59 84.84 110.65 115.64

ACM Research Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 133.85 145.25 168.88 115.64 -

ACM Research 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.


ACM Research Business Description

Traded in Other Exchanges
Address
42307 Osgood Road, Suite I, Fremont, CA, USA, 94539
ACM Research Inc supplies advanced, innovative capital equipment developed for the global semiconductor industry. Fabricators of advanced integrated circuits, or chips, can use its wet-cleaning and other front-end processing tools in numerous steps to improve product yield, even at increasingly advanced process nodes. It has designed these tools for use in fabricating foundry, logic and memory chips, including dynamic random-access memory, or DRAM, and 3D NAND-flash memory chips. The company also develops, manufactures and sells advanced packaging tools to wafer assembly and packaging customers.
Executives
Chenming Hu director 2060 PEBBLE DRIVE, ALAMO CA 94507
Haiping Dun director C/O ACM RESEARCH, INC., 42307 OSGOOD ROAD, SUITE I, FREMONT CA 94539
David H Wang director, 10 percent owner, officer: See Remarks C/O ACM RESEARCH, INC., 42307 OSGOOD ROAD, SUITE I, FREMONT CA 94539
Mark Mckechnie officer: See remarks ACM RESEARCH, INC., 42307 OSGOOD ROAD, SUITE I, FREMONT CA 94539
Sotheara Cheav officer: See Remarks C/O ACM RESEARCH, INC., 42307 OSGOOD ROAD, SUITE I, FREMONT CA 94539
Xiao Xing director C/O ACM RESEARCH, INC., 42307 OSGOOD ROAD, SUITE I, FREEMONT CA 94539
Shanghai Science & Technology Venture Capital (group) Co., Ltd. 10 percent owner, other: Possible member of 10% group FLOOR 16-17, #118 RONGKE ROAD, PUDONG DISTRICT, SHANGHAI F4 201203
Jian Wang officer: See Remarks C/O ACM RESEARCH, INC., 42307 OSGOOD ROAD, SUITE I, FREMONT CA 94539
Lisa Feng officer: See remarks ACM RESEARCH, INC., 42307 OSGOOD ROAD, SUITE I, FREMONT CA 94539
Tracy Liu director C/O ACM RESEARCH, INC., 42307 OSGOOD ROAD, SUITE I, FREMONT CA 94539
Fuping Chen officer: See Remarks ACM RESEARCH, INC., 42307 OSGOOD ROAD, SUITE I, FREMONT CA 94539
Shanghai Pudong Science & Technology Investment Group Co., Ltd. 10 percent owner, other: Possible member of 10% group FLOOR 16-17, #118 RONGKE ROAD, PUDONG DISTRICT, SHANGHAI F4 200120
Yinan Xiang director C/O ACM RESEARCH, INC., 42307 OSGOOD ROAD, SUITE I, FREMONT CA 94539
Zhengfan Yang director XINXIN (HONGKONG) CAPITAL CO., LIMITED, 3RD FLOOR NORTH, NO. 7 FINANCIAL STREET, XICHENG DISTRICT, BEIJING F4 100033
Fufa Chen officer: See Remarks C/O ACM RESEARCH, INC., 42307 OSGOOD ROAD, SUITE I, FREMONT CA 94539