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Chijet Motor Co (Chijet Motor Co) Construction In Progress : $15.20 Mil (As of Dec. 2023)


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What is Chijet Motor Co Construction In Progress?

Chijet Motor Co's quarterly construction in progress declined from Dec. 2022 ($16.94 Mil) to Jun. 2023 ($14.93 Mil) but then increased from Jun. 2023 ($14.93 Mil) to Dec. 2023 ($15.20 Mil).

Chijet Motor Co's annual construction in progress increased from Dec. 2021 ($8.85 Mil) to Dec. 2022 ($16.94 Mil) but then declined from Dec. 2022 ($16.94 Mil) to Dec. 2023 ($15.20 Mil).


Chijet Motor Co Construction In Progress Historical Data

The historical data trend for Chijet Motor 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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Chijet Motor Co Construction In Progress Chart

Chijet Motor Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Construction In Progress
4.33 8.85 16.94 15.20

Chijet Motor Co Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Construction In Progress Get a 7-Day Free Trial 8.85 13.65 16.94 14.93 15.20

Chijet Motor 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.


Chijet Motor Co (Chijet Motor Co) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Beijing South Road Economic & Technological Development Zone Yantai, Shandong, CHN, 264006
Chijet Motor Co Inc is engaged in the research and development, production and sales of new energy vehicles. New energy vehicles refer to plug-in electric vehicles including battery electric vehicles, plug-in hybrid (PHEV) electric vehicles, and fuel cell electric vehicles. Its passenger vehicles include small cars, sedans, and sports utility vehicles, or SUVs, and commercial vehicles include light trucks and vans.