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China Evergrande Group (China Evergrande Group) Construction In Progress : $147 Mil (As of Jun. 2023)


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What is China Evergrande Group Construction In Progress?

China Evergrande Group's quarterly construction in progress increased from Jun. 2022 ($0 Mil) to Dec. 2022 ($7,709 Mil) but then declined from Dec. 2022 ($7,709 Mil) to Jun. 2023 ($147 Mil).

China Evergrande Group's annual construction in progress increased from Dec. 2020 ($7,568 Mil) to Dec. 2021 ($8,841 Mil) but then declined from Dec. 2021 ($8,841 Mil) to Dec. 2022 ($7,709 Mil).

China Evergrande Group Construction In Progress Historical Data

The historical data trend for China Evergrande Group'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.

* Premium members only.

China Evergrande Group Construction In Progress Chart

China Evergrande Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,309.66 4,057.20 7,567.63 8,841.16 7,708.59

China Evergrande Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 363.27 8,841.16 - 7,708.59 147.32

China Evergrande Group 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.

China Evergrande Group (China Evergrande Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Evergrande Group (OTCPK:EGRNY) » Definitions » Construction In Progress
Comparable Companies
HKSE:00026 HKSE:01813 HKSE:01176 HKSE:00480 HKSE:03377 HKSE:01238 HKSE:00813 HKSE:00884 HKSE:00194 HKSE:00088 HKSE:00016 HKSE:01109 HKSE:00688 HKSE:01113 TSE:1925 SHSE:600048 SZSE:000002 BOM:532868 DFM:EMAAR SZSE:001979
Traded in Other Exchanges
EGRNQ:USA 03333:Hong Kong EV1:Germany
Address
Number. 78 Huangpu Avenue West, Tianhe District, Guangdong Province, Guangzhou, CHN, 510620
Website
https://www.evergrande.com
China Evergrande Group is a large real estate developer. In 2019, it was ranked in third place by sales value among developers in China. It has projects in more than 200 cities across China and property development accounts for 90% of earnings. The firm also has interests in banking, insurance, tourism, and healthcare. Evergrande was listed in Hong Kong in late 2009. The company is in the process of spinning off its real estate business into a Shenzhen-listed entity. Free float is 25%, with the company's founder Hui Ka Yan holding the remaining share.