BAIC Motor (BAIC Motor) Construction In Progress : $1,066 Mil (As of Dec. 2023)

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What is BAIC Motor Construction In Progress?

BAIC Motor's quarterly construction in progress increased from Jun. 2023 ($0 Mil) to Sep. 2023 ($1,219 Mil) but then declined from Sep. 2023 ($1,219 Mil) to Dec. 2023 ($1,066 Mil).

BAIC Motor's annual construction in progress declined from Dec. 2021 ($1,711 Mil) to Dec. 2022 ($1,425 Mil) and declined from Dec. 2022 ($1,425 Mil) to Dec. 2023 ($1,066 Mil).

BAIC Motor Construction In Progress Historical Data

The historical data trend for BAIC Motor'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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BAIC Motor Construction In Progress Chart

BAIC Motor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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1,723.53

1,824.84

1,711.00

1,425.41

1,066.02

BAIC Motor Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															-	1,425.41	-	1,219.16	1,066.02

BAIC Motor 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.

BAIC Motor (BAIC Motor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » BAIC Motor Corp Ltd (OTCPK:BMCLF) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

BCCMY:USA 01958:Hong Kong 2B5:Germany

Address

No. 99 Shuanghe Street, A5-061, Unit 101, 5th Floor, Building No 1, Courtyard, Shunyi District, Beijing, CHN, 101300

Website

http://www.baicmotor.com

BAIC Motor Corp Ltd is a provincial state-owned enterprise that manufactures passenger vehicles (PV) and automotive components. The majority of BAIC's revenue and operating profits come from joint ventures with Mercedes Benz and Hyundai. The firm also manufactures and sells its own vehicles under the Beijing Brand.

BAIC Motor (BAIC Motor) Headlines

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