Jiu Rong Holdings (HKSE:02358) Construction In Progress : HK$0.0 Mil (As of Jun. 2023)

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What is Jiu Rong Holdings Construction In Progress?

Jiu Rong Holdings's quarterly construction in progress increased from Jun. 2022 (HK$0.0 Mil) to Dec. 2022 (HK$23.5 Mil) but then declined from Dec. 2022 (HK$23.5 Mil) to Jun. 2023 (HK$0.0 Mil).

Jiu Rong Holdings's annual construction in progress declined from Dec. 2020 (HK$64.6 Mil) to Dec. 2021 (HK$39.8 Mil) and declined from Dec. 2021 (HK$39.8 Mil) to Dec. 2022 (HK$23.5 Mil).

Jiu Rong Holdings Construction In Progress Historical Data

The historical data trend for Jiu Rong 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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Jiu Rong Holdings Construction In Progress Chart

Jiu Rong Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Construction In Progress

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36.37

14.46

64.59

39.77

23.49

Jiu Rong Holdings Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Construction In Progress	Get a 7-Day Free Trial															-	39.77	-	23.49	-

Jiu Rong 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.

Jiu Rong Holdings (HKSE:02358) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jiu Rong Holdings Ltd (HKSE:02358) » Definitions » Construction In Progress

Traded in Other Exchanges

N/A

Address

1 Harbour Road, Flat 8, 49th Floor, Office Tower, Convention Plaza, Wanchai, Hong Kong, HKG

Website

http://www.jiurongkg.com

Jiu Rong Holdings Ltd is an investment holding company. Its Digital Video business segment, which is the key revenue driver, carries out the manufacturing and sales of digital television (TV), high definition liquid crystal display TV, and set-top boxes as well as provision of application of solutions regarding the integration of telecommunication, TV, and internet in the digital audiovisual industry. The other segments of the group are the New energy vehicles business; Cloud Ecological Big Data Business; Properties development, Properties investment and, General Trading. The group has a business presence in the PRC, Hong Kong, and Cuba, of which a majority of revenue is generated from the PRC.

Jiu Rong Holdings (HKSE:02358) Headlines

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