IPE Group (HKSE:00929) Construction In Progress : HK$18 Mil (As of Dec. 2024)

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What is IPE Group Construction In Progress?

IPE Group's quarterly construction in progress increased from Dec. 2023 (HK$38 Mil) to Jun. 2024 (HK$121 Mil) but then declined from Jun. 2024 (HK$121 Mil) to Dec. 2024 (HK$18 Mil).

IPE Group's annual construction in progress increased from Dec. 2022 (HK$12 Mil) to Dec. 2023 (HK$38 Mil) but then declined from Dec. 2023 (HK$38 Mil) to Dec. 2024 (HK$18 Mil).

IPE Group Construction In Progress Historical Data

The historical data trend for IPE Group'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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IPE Group Construction In Progress Chart

IPE Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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24.80

18.82

11.91

37.54

18.22

IPE Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Construction In Progress	Get a 7-Day Free Trial															11.91	15.90	37.54	121.29	18.22

IPE Group 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.

IPE Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IPE Group Ltd (HKSE:00929) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Wang Chiu Road, Kowloon Bay, Unit 5-6, 23th Floor, Enterprise Square Three, Kowloon, Hong Kong, HKG

Website

https://www.ipegroup.com/en

IPE Group Ltd is an investment holding company engaged in the manufacturing and sale of precision components products. The company operates in segments based on sales: automotive components, hydraulic equipment components, electronic equipment components, CNC lathes, and others. The products of the company are used in automotive parts, hydraulic equipment, electronic equipment components, and other devices. Its geographical segments are Thailand, Malaysia, Mainland China, Macau and Hong Kong, North America, Europe, and Other countries.

Executives

Bao An Ke Ji You Xian Gong Si	2101 Beneficial owner
Zhong Guo Bao An Ji Tuan Gu Fen You Xian Gong Si	2101 Beneficial owner
Zeng Guang Sheng	2101 Beneficial owner
Tottenhill Ltd	2101 Beneficial owner
Chui Siu On	2201 Interest of corporation controlled by you
Leung Wing Yi	2202 Interest of your spouse

IPE Group Headlines

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