Hongcheng Environmental Technology Co (HKSE:02265) Construction In Progress : HK$66.0 Mil (As of Dec. 2023)

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What is Hongcheng Environmental Technology Co Construction In Progress?

Hongcheng Environmental Technology Co's quarterly construction in progress declined from Dec. 2022 (HK$197.0 Mil) to Jun. 2023 (HK$194.6 Mil) and declined from Jun. 2023 (HK$194.6 Mil) to Dec. 2023 (HK$66.0 Mil).

Hongcheng Environmental Technology Co's annual construction in progress increased from Dec. 2021 (HK$1.4 Mil) to Dec. 2022 (HK$197.0 Mil) but then declined from Dec. 2022 (HK$197.0 Mil) to Dec. 2023 (HK$66.0 Mil).

Hongcheng Environmental Technology Co Construction In Progress Historical Data

The historical data trend for Hongcheng Environmental Technology 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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Hongcheng Environmental Technology Co Construction In Progress Chart

Hongcheng Environmental Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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10.22

3.55

1.43

196.98

65.96

Hongcheng Environmental Technology Co Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial				1.43	68.19	196.98	194.58	65.96

Hongcheng Environmental Technology 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.

Hongcheng Environmental Technology Co (HKSE:02265) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Hongcheng Environmental Technology Co Ltd (HKSE:02265) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yeyan Road North, Dadongzhuang Village North, Shahe Town, Shandong Province, Yantai, Laizhou, CHN

Website

http://www.sdhcgroup.cn

Hongcheng Environmental Technology Co Ltd is an investment holding company. The company and its subsidiaries are engaged in the provision of gold mine hazardous waste treatment services and recycling and extracting therefrom resources with economic value for sale, such as pyrite concentrate.

Executives

Zeming International Investment Co., Ltd.	2101 Beneficial owner
Liu Ze Ming	2201 Interest of corporation controlled by you
Li Li Yan	2202 Interest of your spouse

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