BETSF (Bit Brother) Construction In Progress: $4.65 Mil (As of Jun. 2023)


BETSF Bit Brother Ltd BETSF
16 GF Score
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What is Bit Brother Construction In Progress?

Bit Brother BETSF 16 Construction In Progress is $4.65 Mil as of Jun. 2023. GuruFocus rates BETSF with a GF Score™ of 16/100.

Bit Brother's quarterly construction in progress declined from Jun. 2022 ($63.68 Mil) to Dec. 2022 ($60.55 Mil) and declined from Dec. 2022 ($60.55 Mil) to Jun. 2023 ($4.65 Mil).

Bit Brother's annual construction in progress increased from Jun. 2021 ($9.64 Mil) to Jun. 2022 ($63.68 Mil) but then declined from Jun. 2022 ($63.68 Mil) to Jun. 2023 ($4.65 Mil).

Bit Brother Construction In Progress Historical Data

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The historical data trend for Bit Brother'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.

Bit Brother Construction In Progress Chart

Bit Brother Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.85 9.64 63.68 4.65

Bit Brother Semi-Annual Data
Oct13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 9.64 69.85 63.68 60.55 4.65
BETSF
16GF Score
Bit Brother Ltd BETSF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Bit Brother 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.

What does a Construction In Progress of $4.65 Mil mean?
Bit Brother (BETSF) has a Construction In Progress of $4.65 Mil as of Jun. 2023. Construction in Progress records the amount of construction work that is not complete. View historical data on Bit Brother and its competitors.
Is Bit Brother's Construction In Progress too high?
Bit Brother's current Construction In Progress is $4.65 Mil. Overall, Bit Brother has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Bit Brother's Construction In Progress compare to BTCS and MIGI?
Bit Brother's Construction In Progress of $4.65 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Capital Markets company?
A good Construction In Progress depends on the Capital Markets industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Bit Brother and its competitors. Bit Brother's current Construction In Progress is $4.65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bit Brother stock overvalued right now?
Bit Brother (BETSF) has a current Construction In Progress of $4.65 Mil. The current Construction In Progress is $4.65 Mil. Bit Brother's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Bit Brother (BETSF), the current Construction In Progress is $4.65 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bit Brother Business Description

Address 53 Binjiang Road, 15/F, Block A, Kineer Business Centre, Yuelu District, Changsha, Hunan, CHN, 410023
Bit Brother Ltd formerly Urban Tea Inc through its subsidiaries operates in two business segments, Tea shop chains and block chain and digital asset mining. Through Tea shop chains the company is engaged in specialty tea product distribution and retail business. The company offers trendy tea drinks, light meals, and pastries through its stores. Through its Blockchain technology and digital asset mining business, the company is engaged in research and development of a digital currency wallet, the integrated operation and management of supercomputer servers, and financial services, targeting both individual and institutional users. The majority of the revenue for the company is generated from its Tea shop chains.
16GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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