China Foods (HKSE:00506) Construction In Progress : HK$33 Mil (As of Dec. 2023)

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What is China Foods Construction In Progress?

China Foods's quarterly construction in progress declined from Dec. 2022 (HK$33 Mil) to Jun. 2023 (HK$14 Mil) but then increased from Jun. 2023 (HK$14 Mil) to Dec. 2023 (HK$33 Mil).

China Foods's annual construction in progress declined from Dec. 2021 (HK$81 Mil) to Dec. 2022 (HK$33 Mil) and declined from Dec. 2022 (HK$33 Mil) to Dec. 2023 (HK$33 Mil).

China Foods Construction In Progress Historical Data

The historical data trend for China Foods'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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China Foods Construction In Progress Chart

China Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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168.67

89.99

81.45

33.45

32.98

China Foods 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															81.45	190.12	33.45	13.98	32.98

China Foods 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 Foods (HKSE:00506) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » China Foods Ltd (HKSE:00506) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

CFH:Germany

Address

262 Gloucester Road, 33rd Floor, COFCO Tower, Causeway Bay, Hong Kong, HKG

Website

http://www.chinafoodsltd.com

China Foods Ltd is an investment holding company that operates in the beverage business. It offers twenty-four brands of products in eleven major types of beverages, which include sparkling drink, juice, water, milk drink, energy drink, tea, coffee, functional nutrition drink, sports drink, plant-based protein drink, and alcoholic drink. Geographically, it derives the majority of revenue from Mainland China.

China Foods (HKSE:00506) Headlines

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