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CENN (Cenntro) Construction In Progress : $0.42 Mil (As of Dec. 2024)


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What is Cenntro Construction In Progress?

Cenntro's quarterly construction in progress increased from Jun. 2024 ($0.61 Mil) to Sep. 2024 ($0.64 Mil) but then declined from Sep. 2024 ($0.64 Mil) to Dec. 2024 ($0.42 Mil).

Cenntro's annual construction in progress increased from Dec. 2022 ($0.00 Mil) to Dec. 2023 ($0.53 Mil) but then declined from Dec. 2023 ($0.53 Mil) to Dec. 2024 ($0.42 Mil).

Cenntro Construction In Progress Historical Data

The historical data trend for Cenntro'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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Cenntro Construction In Progress Chart

Cenntro Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Construction In Progress
Get a 7-Day Free Trial - - - 0.53 0.42

Cenntro Quarterly Data
Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.53 0.60 0.61 0.64 0.42

Cenntro 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.

Cenntro Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cenntro Inc (NAS:CENN) » Definitions » Construction In Progress
Comparable Companies
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Traded in Other Exchanges
N/A
Address
501 Okerson Road, Freehold, NJ, USA, 07728
Website
https://www.cenntroauto.com
Cenntro Inc is a designer, manufacturer, distributor, and service provider of commercial vehicles. Its vehicles include Metro, Logistar 400, Logistar 200, Neibor 200, and ORV. The company's geographical segments include Europe, America, and Asia.
Executives
Edmond Cheng officer: Chief Financial Officer C/O UTSTARCOM, INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502
Peter Wang director, 10 percent owner, officer: CEO and Executive Director
Ming He officer: Treasurer NO. 106 ZHONGHUAN SOUTH ROAD, AIRPORT INDUSTRIAL PARK, TIANJIN F4 300308
Christopher Thorne director 501 OKERSON ROAD, FREEHOLD NJ 07728
Mathew Zauner officer: Corporate Secretary 501 OKERSON ROAD, FREEHOLD NJ 07728
Jiawei Tong director 501 OKERSON ROAD, FREEHOLD NJ 07728
Tony Wen Tsai officer: Corporate Secretary 501 OKERSON ROAD, FREEHOLD NJ 07728
Marianne Mcinerney officer: Chief Marketing Officer 501 OKERSON ROAD, FREEHOLD NJ 07728
Yi Zeng director 501 OKERSON ROAD, FREEHOLD NJ 07728
Wei Zhong officer: Chief Technology Officer 501 OKERSON ROAD, FREEHOLD NJ 07728
Benjamin B Ge director 501 OKERSON ROAD, FREEHOLD NJ 07728