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Edvantage Group Holdings (HKSE:00382) Construction In Progress : HK$550 Mil (As of Aug. 2024)


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What is Edvantage Group Holdings Construction In Progress?

Edvantage Group Holdings's quarterly construction in progress declined from Aug. 2023 (HK$874 Mil) to Feb. 2024 (HK$48 Mil) but then increased from Feb. 2024 (HK$48 Mil) to Aug. 2024 (HK$550 Mil).

Edvantage Group Holdings's annual construction in progress declined from Aug. 2022 (HK$1,561 Mil) to Aug. 2023 (HK$874 Mil) and declined from Aug. 2023 (HK$874 Mil) to Aug. 2024 (HK$550 Mil).

Edvantage Group Holdings Construction In Progress Historical Data

The historical data trend for Edvantage Group Holdings'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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Edvantage Group Holdings Construction In Progress Chart

Edvantage Group Holdings Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only 594.05 1,433.31 1,561.37 874.47 549.75

Edvantage Group Holdings Semi-Annual Data
Aug16 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25
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 112.17 874.47 47.78 549.75 41.87

Edvantage Group Holdings 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.

Edvantage Group Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Edvantage Group Holdings Ltd (HKSE:00382) » Definitions » Construction In Progress
Comparable Companies
HKSE:02001 HKSE:09616 HKSE:02175 HKSE:01593 HKSE:06169 HKSE:01935 HKSE:09986 HKSE:01765 HKSE:01981 HKSE:01317 EDU LRN TAL LOPE GHC ATGE LAUR SZSE:002607 HKSE:09636 SZSE:300364
Traded in Other Exchanges
N/A
Address
No. 1 Huashang Road, Licheng Street, Zengcheng, Guangzhou, CHN
Website
https://www.edvantagegroup.com.hk
Edvantage Group is a leading private education group based in Greater Bay Area. Edvantage primarily offers higher education. It also provides secondary vocational education and non-formal vocational education service. Higher education accounted for about 86% of revenue in fiscal 2024.
Executives
Chen Yuan Rita 2201 Interest of corporation controlled by you
Liu Yung Chau 2201 Interest of corporation controlled by you
De Bo Jiao Yu Tou Zi Kong Gu You Xian Gong Si 2101 Beneficial owner

Edvantage Group Holdings Headlines

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