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Minsheng Education Group Co (HKSE:01569) Construction In Progress : HK$459 Mil (As of Dec. 2024)


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What is Minsheng Education Group Co Construction In Progress?

Minsheng Education Group Co's quarterly construction in progress declined from Dec. 2023 (HK$398 Mil) to Jun. 2024 (HK$0 Mil) but then increased from Jun. 2024 (HK$0 Mil) to Dec. 2024 (HK$459 Mil).

Minsheng Education Group Co's annual construction in progress declined from Dec. 2022 (HK$512 Mil) to Dec. 2023 (HK$398 Mil) but then increased from Dec. 2023 (HK$398 Mil) to Dec. 2024 (HK$459 Mil).

Minsheng Education Group Co Construction In Progress Historical Data

The historical data trend for Minsheng Education Group 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.

* Premium members only.

Minsheng Education Group Co Construction In Progress Chart

Minsheng Education Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 208.08 631.53 512.11 397.58 458.98

Minsheng Education Group Co Semi-Annual Data
Dec14 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 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 512.11 - 397.58 - 458.98

Minsheng Education Group 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.

Minsheng Education Group Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Minsheng Education Group Co Ltd (HKSE:01569) » Definitions » Construction In Progress
Comparable Companies
HKSE:08195 HKSE:01756 HKSE:01565 HKSE:01851 HKSE:01082 HKSE:06913 HKSE:02779 HKSE:01525 HKSE:01563 HKSE:01317 EDU LRN TAL LOPE ATGE GHC LAUR SZSE:002607 HKSE:09636 STRA
Traded in Other Exchanges
N/A
Address
No.8 Jinze West Road, Floor 6, United Shanxi Merchants Tower, Fengtai District, Beijing, CHN, 100070
Website
http://www.minshengedu.com
Minsheng Education Group Co Ltd is an investment holding company that provides educational services in China through its subsidiary. The company operates several schools in China, including the Chongqing College of Humanities, Science, and Technology, Pass College of Chongqing Technology and Business University, Chongqing Vocational College of Applied Technology, and Others. Additionally, the company has invested in Beacon International College in Singapore and Hong Kong Nang Yan College of Higher Education in Hong Kong. The company is organized into two business units based on their services: on-campus education and online education, which are the two reportable operating segments. The on-campus education segment derives maximum revenue. Majority of the revenue is generated from PRC.
Executives
Li Xuechun 2201 Interest of corporation controlled by you
Min Sheng Ji Tuan You Xian Gong Si 2101 Beneficial owner
Li Xuechun 2201 Interest of corporation controlled by you
Pacific Climax Limited 2201 Interest of corporation controlled by you
Shen Zhen Hua Qiao Cheng Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Hua Qiao Cheng Ya Zhou Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Hua Qiao Cheng Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Hua Chang Guo Ji You Xian Gong Si 2101 Beneficial owner
Hua Qin Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you
Xiang Gang Hua Qiao Cheng You Xian Gong Si 2201 Interest of corporation controlled by you

Minsheng Education Group Co Headlines

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