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Qingling Motors Co (HKSE:01122) Construction In Progress : HK$1 Mil (As of Jun. 2024)


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What is Qingling Motors Co Construction In Progress?

Qingling Motors Co's quarterly construction in progress increased from Jun. 2023 (HK$0 Mil) to Dec. 2023 (HK$391 Mil) but then declined from Dec. 2023 (HK$391 Mil) to Jun. 2024 (HK$1 Mil).

Qingling Motors Co's annual construction in progress increased from Dec. 2021 (HK$287 Mil) to Dec. 2022 (HK$399 Mil) but then declined from Dec. 2022 (HK$399 Mil) to Dec. 2023 (HK$391 Mil).


Qingling Motors Co Construction In Progress Historical Data

The historical data trend for Qingling Motors Co'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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Qingling Motors Co Construction In Progress Chart

Qingling Motors Co 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 121.90 300.21 287.16 399.20 390.87

Qingling Motors Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1.58 399.20 0.40 390.87 1.15

Qingling Motors Co 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.


Qingling Motors Co Business Description

Traded in Other Exchanges
Address
1 Xiexing Cun, Zhongliangshan, Jiulongpo District, Chongqing, CHN, 400052
Qingling Motors Co Ltd is a Chinese company which is engaged in the production and sale of Isuzu light, medium, and heavy-duty trucks, pick-up trucks, multi-purpose vehicles, and diesel and petrol engines. It also focuses on the manufacturing and sales of automobile parts and accessories. The company organizes its business into five segments namely Light-duty trucks and chassis; Pickup trucks and chassis; Medium and heavy-duty trucks and chassis; and Automobile parts, accessories, and others. It also focuses on research and development activity for products, materials, mould and processes, and fixtures. The company earns the majority of its revenue from the sale of trucks and vehicles in the People's Republic of China.

Qingling Motors Co Headlines

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