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Luohe Letone Hydraulics Technology Co (BJSE:832225) Construction In Progress : ¥23.7 Mil (As of Mar. 2024)


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What is Luohe Letone Hydraulics Technology Co Construction In Progress?

Luohe Letone Hydraulics Technology Co's quarterly construction in progress declined from Sep. 2023 (¥36.9 Mil) to Dec. 2023 (¥32.2 Mil) and declined from Dec. 2023 (¥32.2 Mil) to Mar. 2024 (¥23.7 Mil).

Luohe Letone Hydraulics Technology Co's annual construction in progress declined from Dec. 2021 (¥66.1 Mil) to Dec. 2022 (¥27.2 Mil) but then increased from Dec. 2022 (¥27.2 Mil) to Dec. 2023 (¥32.2 Mil).


Luohe Letone Hydraulics Technology Co Construction In Progress Historical Data

The historical data trend for Luohe Letone Hydraulics 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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Luohe Letone Hydraulics Technology Co Construction In Progress Chart

Luohe Letone Hydraulics Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.44 30.68 66.09 27.22 32.17

Luohe Letone Hydraulics Technology Co Quarterly Data
Dec18 Jun19 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 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 30.53 31.75 36.86 32.17 23.68

Luohe Letone Hydraulics 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.


Luohe Letone Hydraulics Technology Co (BJSE:832225) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Dongfanghong Road, National Luohe Economic and Technological Development Zone, Henan Province, Luohe City, CHN, 462000
Luohe Letone Hydraulics Technology Co Ltd is engaged in research and development, production, and sales of rubber hydraulic hoses. It is focused on polymer material blending, polymer material modification, hydraulic hoses, oil drilling hoses, fracturing hoses, rubber-plastic composite hoses, ultra-high pressure resin hoses, and fluid connections. It provides high-efficiency solutions for fluid transportation, high-performance solutions for polymer material blends, and high-efficiency transportation for shale oil and gas stimulation and acid fracturing pipelines.

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