Ganfeng Lithium Group Co (Ganfeng Lithium Group Co) Construction In Progress : $1,790 Mil (As of Mar. 2024)

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What is Ganfeng Lithium Group Co Construction In Progress?

Ganfeng Lithium Group Co's quarterly construction in progress declined from Sep. 2023 ($1,926 Mil) to Dec. 2023 ($1,582 Mil) but then increased from Dec. 2023 ($1,582 Mil) to Mar. 2024 ($1,790 Mil).

Ganfeng Lithium Group Co's annual construction in progress increased from Dec. 2021 ($910 Mil) to Dec. 2022 ($1,370 Mil) and increased from Dec. 2022 ($1,370 Mil) to Dec. 2023 ($1,582 Mil).

Ganfeng Lithium Group Co Construction In Progress Historical Data

The historical data trend for Ganfeng Lithium Group 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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Ganfeng Lithium Group Co Construction In Progress Chart

Ganfeng Lithium Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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130.00

575.16

909.90

1,369.57

1,582.30

Ganfeng Lithium Group Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															1,688.49	1,767.86	1,925.69	1,582.30	1,789.98

Ganfeng Lithium Group 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.

Ganfeng Lithium Group Co (Ganfeng Lithium Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ganfeng Lithium Group Co Ltd (OTCPK:GNENF) » Definitions » Construction In Progress

Traded in Other Exchanges

GNENY:USA 01772:Hong Kong 39EA:Germany 002460:China

Address

248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG

Website

http://www.ganfenglithium.com

Founded in 2000, Ganfeng is the world's third largest and China's largest lithium compounds producer and the world's largest lithium metals producer in terms of production capacity. The company offers five major categories of more than 40 lithium compounds and metals products, which is one of the most comprehensive product offerings among the suppliers globally. Starting as a midstream manufacturer of lithium compounds and lithium metals, Ganfeng has successfully expanded into a vertically integrated business model with operations along the critical stages of the industry value chain, including upstream lithium extraction, midstream lithium compounds and metals processing, and downstream lithium battery production and recycling.

Ganfeng Lithium Group Co (Ganfeng Lithium Group Co) Headlines

From GuruFocus

Ganfeng Lithium Co Stock Is Estimated To Be Significantly Overvalued

By GF Value GF Value • 04-30-2021