Shanghai Conant Optical Co (HKSE:02276) Construction In Progress : HK$29 Mil (As of Dec. 2023)

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What is Shanghai Conant Optical Co Construction In Progress?

Shanghai Conant Optical Co's quarterly construction in progress increased from Dec. 2022 (HK$6 Mil) to Jun. 2023 (HK$31 Mil) but then declined from Jun. 2023 (HK$31 Mil) to Dec. 2023 (HK$29 Mil).

Shanghai Conant Optical Co's annual construction in progress declined from Dec. 2021 (HK$14 Mil) to Dec. 2022 (HK$6 Mil) but then increased from Dec. 2022 (HK$6 Mil) to Dec. 2023 (HK$29 Mil).

Shanghai Conant Optical Co Construction In Progress Historical Data

The historical data trend for Shanghai Conant Optical 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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Shanghai Conant Optical Co Construction In Progress Chart

Shanghai Conant Optical Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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8.25

2.13

14.06

6.42

29.20

Shanghai Conant Optical Co Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial				14.06	43.31	6.42	30.75	29.20

Shanghai Conant Optical 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.

Shanghai Conant Optical Co (HKSE:02276) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shanghai Conant Optical Co Ltd (HKSE:02276) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 83, Hongxiang North Road, 1st Floor, Building 36, No. 1-42, Lin-gang Special Area, Pilot Free Trade Zone, Shanghai, CHN

Website

http://www.conantoptical.com.cn

Shanghai Conant Optical Co Ltd is a resin spectacle lens manufacturer in China. The company offers a wide range of resin spectacle lenses to its customers including standardized lenses and customized lenses. The products are mainly resin spectacle lenses with the refractive index of 1.499, 1.56, 1.60, 1.67, and 1.74. The spectacle lenses is also be tinted or coated or cast with various films or coatings for added functionality, such as polarised, photochromic, blue-ray blocking, anti-scratch, anti-reflection and anti-smudge.

Executives

Fei Zhengxiang

2101 Beneficial owner

Shanghai Conant Optical Co (HKSE:02276) Headlines

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