Aluminum of China (Aluminum of China) Construction In Progress : $718 Mil (As of Mar. 2024)

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What is Aluminum of China Construction In Progress?

Aluminum of China's quarterly construction in progress declined from Sep. 2023 ($689 Mil) to Dec. 2023 ($633 Mil) but then increased from Dec. 2023 ($633 Mil) to Mar. 2024 ($718 Mil).

Aluminum of China's annual construction in progress declined from Dec. 2021 ($781 Mil) to Dec. 2022 ($327 Mil) but then increased from Dec. 2022 ($327 Mil) to Dec. 2023 ($633 Mil).

Aluminum of China Construction In Progress Historical Data

The historical data trend for Aluminum of China'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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Aluminum of China Construction In Progress Chart

Aluminum of China Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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1,762.26

594.36

781.09

327.04

633.02

Aluminum of China 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															382.17	585.40	688.63	633.02	717.87

Aluminum of China 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.

Aluminum of China (Aluminum of China) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aluminum Corp of China Ltd (OTCPK:ALMMF) » Definitions » Construction In Progress

Traded in Other Exchanges

02600:Hong Kong AOC:Germany 601600:China

Address

No. 62 North Xizhimen Street, Haidian District, Beijing, CHN, 100082

Website

https://www.chalco.com.cn

Aluminum Corp of China Ltd is an aluminum producer. The Alumina segment consists of the mining and purchase of bauxite and other raw materials. The Primary aluminum segment consists of the procurement of alumina, supplemental materials, and electric power. Its Energy segment comprises the production and operation of energy products mainly coal mining. The Trading segment includes the trading of alumina primary aluminum, aluminum fabrication products, other non-ferrous metal products and Corporate and other operating segments. Geographically, it operates in Mainland China, as well as other countries. It generates a major part of its revenue from the Trading segment.

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