Qilu Expressway Company (HKSE:01576) Construction In Progress : HK$200 Mil (As of Dec. 2023)

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What is Qilu Expressway Company Construction In Progress?

Qilu Expressway Company's quarterly construction in progress declined from Dec. 2022 (HK$17 Mil) to Jun. 2023 (HK$0 Mil) but then increased from Jun. 2023 (HK$0 Mil) to Dec. 2023 (HK$200 Mil).

Qilu Expressway Company's annual construction in progress increased from Dec. 2021 (HK$2 Mil) to Dec. 2022 (HK$17 Mil) and increased from Dec. 2022 (HK$17 Mil) to Dec. 2023 (HK$200 Mil).

Qilu Expressway Company Construction In Progress Historical Data

The historical data trend for Qilu Expressway Company'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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Qilu Expressway Company Construction In Progress Chart

Qilu Expressway Company Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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1.20

1.37

1.89

16.74

200.13

Qilu Expressway Company Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial											1.89	-	16.74	-	200.13

Qilu Expressway Company 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.

Qilu Expressway Company (HKSE:01576) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Qilu Expressway Company Ltd (HKSE:01576) » Definitions » Construction In Progress

Traded in Other Exchanges

N/A

Address

No. 7000, Jingshi East Road, Zone 3, Hanyu Financial & Business Centre, Room 2301, Block 4, High-tech Zone, Shandong Province, Jinan, CHN

Website

http://www.qlecl.com

Qilu Expressway Company Ltd is an expressway operator in Shandong province with the concession rights to construct, maintain, operate and management of the Jihe Expressway, the Deshang Expressway and the Shennan Expressway. It has only one reportable segment, Expressway Business. Its operations are located in Mainland China.

Qilu Expressway Company (HKSE:01576) Headlines

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