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Wuxi Dingbang Heat Exchange Equipment Co (BJSE:872931) Construction In Progress : ¥121.4 Mil (As of Mar. 2024)


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What is Wuxi Dingbang Heat Exchange Equipment Co Construction In Progress?

Wuxi Dingbang Heat Exchange Equipment Co's quarterly construction in progress increased from Sep. 2023 (¥113.2 Mil) to Dec. 2023 (¥120.2 Mil) and increased from Dec. 2023 (¥120.2 Mil) to Mar. 2024 (¥121.4 Mil).

Wuxi Dingbang Heat Exchange Equipment Co's annual construction in progress increased from Dec. 2021 (¥0.0 Mil) to Dec. 2022 (¥58.0 Mil) and increased from Dec. 2022 (¥58.0 Mil) to Dec. 2023 (¥120.2 Mil).


Wuxi Dingbang Heat Exchange Equipment Co Construction In Progress Historical Data

The historical data trend for Wuxi Dingbang Heat Exchange Equipment 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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Wuxi Dingbang Heat Exchange Equipment Co Construction In Progress Chart

Wuxi Dingbang Heat Exchange Equipment Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial - - - 58.03 120.23

Wuxi Dingbang Heat Exchange Equipment Co Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 58.03 71.41 113.22 120.23 121.37

Wuxi Dingbang Heat Exchange Equipment 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.


Wuxi Dingbang Heat Exchange Equipment Co (BJSE:872931) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Houshan South Road, No. 29, Anzhen Town, Xishan District, Jiangsu Province, Wuxi City, CHN, 214104
Wuxi Dingbang Heat Exchange Equipment Co Ltd is engaged in research and development, design, manufacturing and sales of special heat exchange equipment for oil refining and chemical industry. Its products includes various tube heat exchangers, spiral baffle heat exchangers, air-cooled heat exchangers (air coolers), plate-bundle heat exchangers and A2 pressure vessels, as well as planetary differential start of oil extraction machines.

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