Guolian Minsheng Securities Co (FRA:34V) Construction In Progress : €1.8 Mil (As of Dec. 2024)

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What is Guolian Minsheng Securities Co Construction In Progress?

Guolian Minsheng Securities Co's quarterly construction in progress increased from Jun. 2024 (€2.3 Mil) to Sep. 2024 (€2.7 Mil) but then declined from Sep. 2024 (€2.7 Mil) to Dec. 2024 (€1.8 Mil).

Guolian Minsheng Securities Co's annual construction in progress increased from Dec. 2022 (€0.3 Mil) to Dec. 2023 (€1.1 Mil) and increased from Dec. 2023 (€1.1 Mil) to Dec. 2024 (€1.8 Mil).

Guolian Minsheng Securities Co Construction In Progress Historical Data

The historical data trend for Guolian Minsheng Securities 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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Guolian Minsheng Securities Co Construction In Progress Chart

Guolian Minsheng Securities Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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0.33

1.14

1.85

Guolian Minsheng Securities Co Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Construction In Progress	Get a 7-Day Free Trial															1.14	2.23	2.27	2.68	1.85

Guolian Minsheng Securities 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.

Guolian Minsheng Securities Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Guolian Minsheng Securities Co Ltd (FRA:34V) » Definitions » Construction In Progress

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01456:Hong Kong 601456:China

Address

No. 8 Jinrong One Street, Jiangsu Province, Wuxi, CHN, 214000

Website

https://www.glsc.com.cn

Guolian Minsheng Securities Co Ltd is a China-based financial institution. The company's operating segments include Brokerage and wealth management, Credit transactions, Investment banking, Proprietary trading, Asset management and investment, and Other businesses. It generates maximum revenue from the Brokerage and wealth management segment and the Proprietary trading segment. The Brokerage and wealth management segment includes securities trading and brokering services, sales of wealth management products, investment consulting, and asset allocation. The Proprietary trading segment includes trading in financial products.

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