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Cosco Shipping Development Co (HKSE:02866) Construction In Progress : HK$271 Mil (As of Mar. 2024)


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What is Cosco Shipping Development Co Construction In Progress?

Cosco Shipping Development Co's quarterly construction in progress declined from Sep. 2023 (HK$379 Mil) to Dec. 2023 (HK$250 Mil) but then increased from Dec. 2023 (HK$250 Mil) to Mar. 2024 (HK$271 Mil).

Cosco Shipping Development Co's annual construction in progress increased from Dec. 2021 (HK$426 Mil) to Dec. 2022 (HK$447 Mil) but then declined from Dec. 2022 (HK$447 Mil) to Dec. 2023 (HK$250 Mil).

Cosco Shipping Development Co Construction In Progress Historical Data

The historical data trend for Cosco Shipping Development 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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Cosco Shipping Development Co Construction In Progress Chart

Cosco Shipping Development Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.35 229.38 425.50 446.85 250.01

Cosco Shipping Development Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 348.63 309.52 378.94 250.01 270.97

Cosco Shipping Development 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.

Cosco Shipping Development Co (HKSE:02866) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Cosco Shipping Development Co Ltd (HKSE:02866) » Definitions » Construction In Progress
Comparable Companies
SHSE:600685 SHSE:688297 SHSE:600879 SZSE:000738 SHSE:688563 SHSE:600118 SHSE:600038 SHSE:688281 SZSE:002389 SZSE:300775 GE RTX XPAR:AIR LMT BA XPAR:SAF GD NOC TDG LSE:BA.
Traded in Other Exchanges
CITAY:USA CITAF:USA EZ5:Germany 601866:China
Address
Room A-538, International Trade Building, Pilot Free Trade Zone, Shanghai, CHN, 200127
Website
https://www.cscl.com.cn
COSCO SHIPPING Development Co Ltd is a China-based company operating and managing container shipping. Its services include container transportation, vessel chartering, cargo canvassing and booking, customs clearance, depot services, container construction, sales, purchase, and vessel management. The operating business segments are the Shipping and industry-related leasing segment, which renders vessel chartering, container leasing, and finance lease services, the Container manufacturing segment, which manufactures and sells containers, Investment and services segment, which focuses on equity or debt investment and insurance brokerage services; and Other businesses segment comprises, principally, cargo and liner agency services.

Cosco Shipping Development Co (HKSE:02866) Headlines

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