Sahamit Machinery PCL (BKK:SMIT) Construction In Progress : ฿3 Mil (As of Mar. 2024)

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What is Sahamit Machinery PCL Construction In Progress?

Sahamit Machinery PCL's quarterly construction in progress declined from Sep. 2023 (฿1 Mil) to Dec. 2023 (฿1 Mil) but then increased from Dec. 2023 (฿1 Mil) to Mar. 2024 (฿3 Mil).

Sahamit Machinery PCL's annual construction in progress increased from Dec. 2021 (฿1 Mil) to Dec. 2022 (฿17 Mil) but then declined from Dec. 2022 (฿17 Mil) to Dec. 2023 (฿1 Mil).

Sahamit Machinery PCL Construction In Progress Historical Data

The historical data trend for Sahamit Machinery PCL'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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Sahamit Machinery PCL Construction In Progress Chart

Sahamit Machinery PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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1.03

3.62

1.26

16.80

1.13

Sahamit Machinery PCL 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															8.81	19.53	1.42	1.13	3.15

Sahamit Machinery PCL 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.

Sahamit Machinery PCL (BKK:SMIT) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

42, 48 Soi chokchaijongjumroen Rama 3 Road, Bangpongpang, Yannawa, Bangkok, THA, 10120

Website

http://www.sahamit.co.th

Sahamit Machinery PCL is a thailand-based company engaged in the distribution of industrial machinery and equipment. It operates in five product groups: special steels, machine tools and tooling, pulp and paper, machinery and equipment for wood processing, and electrical engineering. The business segments of the group are; Steel and Heat treatment, Machine tools and Tooling and Others. Steel and Heat treatment include special tool steels, carbonitriding, Annealing, machinery, and carbon steels contribute majority revenue of the firm. Machine tools and tooling products include electrical discharge machine, milling cutters, and inserts for milling. It mainly operates in Thailand, and derives main revenue from the Steel and Heat treatment segment.