Beijing Kaide Quartz Co (BJSE:835179) Construction In Progress : ¥292.9 Mil (As of Mar. 2024)

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What is Beijing Kaide Quartz Co Construction In Progress?

Beijing Kaide Quartz Co's quarterly construction in progress declined from Sep. 2023 (¥378.4 Mil) to Dec. 2023 (¥281.8 Mil) but then increased from Dec. 2023 (¥281.8 Mil) to Mar. 2024 (¥292.9 Mil).

Beijing Kaide Quartz Co's annual construction in progress increased from Dec. 2021 (¥41.0 Mil) to Dec. 2022 (¥214.2 Mil) and increased from Dec. 2022 (¥214.2 Mil) to Dec. 2023 (¥281.8 Mil).

Beijing Kaide Quartz Co Construction In Progress Historical Data

The historical data trend for Beijing Kaide Quartz 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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Beijing Kaide Quartz Co Construction In Progress Chart

Beijing Kaide Quartz Co Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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1.65

41.03

214.16

281.76

Beijing Kaide Quartz 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															246.74	339.43	378.44	281.76	292.85

Beijing Kaide Quartz 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.

Beijing Kaide Quartz Co (BJSE:835179) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Beijing Kaide Quartz Co Ltd (BJSE:835179) » Definitions » Construction In Progress

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Traded in Other Exchanges

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Address

No. 6, Huoxing 3rd Street, Industrial Development Zone, Huxian Town, Tongzhou District, Beijing, CHN, 101109

Website

http://www.kaidequartz.com

Beijing Kaide Quartz Co Ltd is engaged in research and development, production, and sales of quartz glass products such as quartz instruments, quartz pipes, and quartz boats. The company's products are widely used in the field of semiconductor integrated circuit chips, the photovoltaic solar energy industry, and other fields.

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