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CITIC (HKSE:00267) Construction In Progress : HK$0 Mil (As of Jun. 2023)


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What is CITIC Construction In Progress?

CITIC's quarterly construction in progress increased from Jun. 2022 (HK$0 Mil) to Dec. 2022 (HK$22,011 Mil) but then declined from Dec. 2022 (HK$22,011 Mil) to Jun. 2023 (HK$0 Mil).

CITIC's annual construction in progress increased from Dec. 2020 (HK$19,186 Mil) to Dec. 2021 (HK$27,344 Mil) but then declined from Dec. 2021 (HK$27,344 Mil) to Dec. 2022 (HK$22,011 Mil).

CITIC Construction In Progress Historical Data

The historical data trend for CITIC'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.

CITIC Construction In Progress Chart

CITIC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13,714.00 19,186.00 27,344.00 22,011.00 -

CITIC Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 27,344.00 - 22,011.00 - -

CITIC 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.

CITIC (HKSE:00267) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » CITIC Ltd (HKSE:00267) » Definitions » Construction In Progress
Comparable Companies
HKSE:00001 HKSE:00019 HKSE:00656 HKSE:00392 HKSE:00053 HKSE:00148 HKSE:00363 HKSE:00861 HKSE:02322 HKSE:00882 ADX:IHC HON TSE:8058 TSE:6501 TSE:8031 TSE:8001 MMM ADX:ALPHADHABI TSE:8053 TSE:8002
Traded in Other Exchanges
CTPCY:USA CTPCF:USA CPF:Germany
Address
1 Tim Mei Avenue, 32nd Floor, CITIC Tower, Central, Hong Kong, HKG
Website
https://www.citic.com
CITIC Ltd is a Hong Kong-based investment holding company. The company's operating segment includes Comprehensive financial services; Advanced intelligent manufacturing; Advanced materials; New consumption and New-type urbanisation. It generates maximum revenue from the Comprehensive financial services segment. Geographically it derives a majority of its revenue from Mainland China.

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