Chaowei Power Holdings (HKSE:00951) Construction In Progress : HK$869 Mil (As of Dec. 2024)

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What is Chaowei Power Holdings Construction In Progress?

Chaowei Power Holdings's quarterly construction in progress declined from Dec. 2023 (HK$909 Mil) to Jun. 2024 (HK$288 Mil) but then increased from Jun. 2024 (HK$288 Mil) to Dec. 2024 (HK$869 Mil).

Chaowei Power Holdings's annual construction in progress declined from Dec. 2022 (HK$1,508 Mil) to Dec. 2023 (HK$909 Mil) and declined from Dec. 2023 (HK$909 Mil) to Dec. 2024 (HK$869 Mil).

Chaowei Power Holdings Construction In Progress Historical Data

The historical data trend for Chaowei Power 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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Chaowei Power Holdings Construction In Progress Chart

Chaowei Power Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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1,522.05

1,343.76

1,507.75

908.52

869.07

Chaowei Power Holdings 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															1,507.75	371.28	908.52	287.73	869.07

Chaowei Power 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.

Chaowei Power Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Chaowei Power Holdings Ltd (HKSE:00951) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18, Chengnan Road, Huaxi Industrial Function Area, Changxing County, Zhejiang Province, Huzhou, CHN, 313100

Website

https://www.chaowei.com.hk

Chaowei Power Holdings Ltd is engaged in the manufacturing and sales of lead-acid motive batteries, lithium-ion batteries and other related products, which are used in electric bikes, electric tricycles and special-purpose electric vehicles. The largest business segment is the production of lead-acid batteries for electric bikes. Smaller segments produce lithium-ion batteries and related products. The company supplies its batteries directly to electric bike manufacturers, as well as to a network of independent distributors selling batteries on the secondary market. Nearly all of Chaowei Power's revenue is generated in China.

Executives

Yang Yunfei	2202 Interest of your spouse
Zhou Longrui	2201 Interest of corporation controlled by you
Fang Jianjun	2202 Interest of your spouse
Zhou Mingming	2201 Interest of corporation controlled by you
Great State Investments Limited	2101 Beneficial owner
Bai Xiang Limited
Tianneng International Investment Holdings Limited	2201 Interest of corporation controlled by you
Tianneng Power International Limited	2201 Interest of corporation controlled by you

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