Sunfonda Group Holdings (HKSE:01771) Construction In Progress : HK$788 Mil (As of Dec. 2023)

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What is Sunfonda Group Holdings Construction In Progress?

Sunfonda Group Holdings's quarterly construction in progress declined from Dec. 2022 (HK$749 Mil) to Jun. 2023 (HK$0 Mil) but then increased from Jun. 2023 (HK$0 Mil) to Dec. 2023 (HK$788 Mil).

Sunfonda Group Holdings's annual construction in progress increased from Dec. 2021 (HK$460 Mil) to Dec. 2022 (HK$749 Mil) and increased from Dec. 2022 (HK$749 Mil) to Dec. 2023 (HK$788 Mil).

Sunfonda Group Holdings Construction In Progress Historical Data

The historical data trend for Sunfonda Group 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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Sunfonda Group Holdings Construction In Progress Chart

Sunfonda Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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156.23

325.64

460.10

748.57

787.83

Sunfonda Group Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															460.10	-	748.57	-	787.83

Sunfonda Group 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.

Sunfonda Group Holdings (HKSE:01771) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sunfonda Group Holdings Ltd (HKSE:01771) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1555 Ouya 1st Road, Sunfonda Automobile Center, Beichen Avenue, Shaanxi Province, Chanba Ecological District, Xi’an, CHN, 710021

Website

https://www.sunfonda.com.cn

Sunfonda Group Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in the sale and service of luxury and ultra-luxury car brands in Mainland China. The Group operates in one business unit based on its products, and has one reportable segment, which is the sale of motor vehicles and the provision of related services. In 2021, the Linxia GAC Toyota store in Gansu, the Wuhan BMW store, the Wuxi GAC Toyota store, were successively put into operation, of which the Wuhan BMW Store has the first 4S store of the Group in Central China. In addition, the Group has been authorized to set up new stores including Xi'an Porsche, Yinchuan BMW and Xining BMW and pending commencement of business.

Sunfonda Group Holdings (HKSE:01771) Headlines

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