CPM Group (HKSE:01932) Construction In Progress : HK$5.6 Mil (As of Dec. 2023)

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What is CPM Group Construction In Progress?

CPM Group's quarterly construction in progress declined from Dec. 2022 (HK$4.6 Mil) to Jun. 2023 (HK$4.1 Mil) but then increased from Jun. 2023 (HK$4.1 Mil) to Dec. 2023 (HK$5.6 Mil).

CPM Group's annual construction in progress declined from Dec. 2021 (HK$6.0 Mil) to Dec. 2022 (HK$4.6 Mil) but then increased from Dec. 2022 (HK$4.6 Mil) to Dec. 2023 (HK$5.6 Mil).

CPM Group Construction In Progress Historical Data

The historical data trend for CPM Group'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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CPM Group Construction In Progress Chart

CPM Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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10.16

11.39

5.96

4.63

5.60

CPM Group Semi-Annual Data
	Dec14	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													5.96	4.65	4.63	4.12	5.60

CPM Group 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.

CPM Group (HKSE:01932) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » CPM Group Ltd (HKSE:01932) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

338 Hennessy Road, 31st Floor, CNT Tower, Wanchai, Hong Kong, HKG

Website

http://www.cpmgroup.com.hk

CPM Group Ltd is an investment holding company mainly engaged in the manufacture and sale of paint and coating products. The company has two reportable operating segments: the Paint Products segment which engages in the manufacture and sale of paint and coating products; and the Property Investment segment invests in industrial properties for their rental income potential. The company's principal products include industrial paint and coating products, architectural paint and coating products, general paint and coating, and ancillary products. It mainly distributes its products in the Mainland of China and Hong Kong markets. The group derives the majority of its revenue from Mainland China.

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