Tianjin Jinran Public Utilities Co (HKSE:01265) Construction In Progress : HK$27 Mil (As of Jun. 2024)

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What is Tianjin Jinran Public Utilities Co Construction In Progress?

Tianjin Jinran Public Utilities Co's quarterly construction in progress declined from Jun. 2023 (HK$27 Mil) to Dec. 2023 (HK$23 Mil) but then increased from Dec. 2023 (HK$23 Mil) to Jun. 2024 (HK$27 Mil).

Tianjin Jinran Public Utilities Co's annual construction in progress increased from Dec. 2021 (HK$7 Mil) to Dec. 2022 (HK$16 Mil) and increased from Dec. 2022 (HK$16 Mil) to Dec. 2023 (HK$23 Mil).

Tianjin Jinran Public Utilities Co Construction In Progress Historical Data

The historical data trend for Tianjin Jinran Public Utilities 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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Tianjin Jinran Public Utilities Co Construction In Progress Chart

Tianjin Jinran Public Utilities Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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4.39

4.43

7.23

16.16

22.70

Tianjin Jinran Public Utilities 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															67.79	16.16	27.33	22.70	27.27

Tianjin Jinran Public Utilities 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.

Tianjin Jinran Public Utilities Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Tianjin Jinran Public Utilities Co Ltd (HKSE:01265) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 28 Nankai Fourth Road, 5th Floor, Court A, Nankai District, Tianjin, CHN

Website

http://www.jinrangongyong.com

Tianjin Jinran Public Utilities Co Ltd is engaged in the sale of piped natural gas, the sale of natural gas appliances, natural gas pipeline grid connection, and natural gas transportation via pipelines, while principal operation activities include the sale and distribution of piped gas, the lease of pipelines, the operation and management of gas pipeline infrastructure, the sale and installation of gas appliances, the lease of self-owned buildings and facilities of gas stations. Its segments include Sales of piped gas; Gas connection; Gas transportation; Sales of gas appliances and others; and Gas pipeline rent. It derives the majority of the revenue from Sales of the piped gas segment.

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