China Railway Signalmmunication (HKSE:03969) Construction In Progress : HK$491 Mil (As of Dec. 2023)

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What is China Railway Signalmmunication Construction In Progress?

China Railway Signalmmunication's quarterly construction in progress declined from Jun. 2023 (HK$6,021 Mil) to Sep. 2023 (HK$321 Mil) but then increased from Sep. 2023 (HK$321 Mil) to Dec. 2023 (HK$491 Mil).

China Railway Signalmmunication's annual construction in progress declined from Dec. 2021 (HK$6,800 Mil) to Dec. 2022 (HK$996 Mil) and declined from Dec. 2022 (HK$996 Mil) to Dec. 2023 (HK$491 Mil).

China Railway Signalmmunication Construction In Progress Historical Data

The historical data trend for China Railway Signalmmunication'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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China Railway Signalmmunication Construction In Progress Chart

China Railway Signalmmunication Annual Data

Trend

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Dec23

Construction In Progress

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178.86

1,720.09

6,799.59

995.97

490.58

China Railway Signalmmunication Quarterly Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															995.97	6,020.99	320.51	490.58	-

China Railway Signalmmunication 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.

China Railway Signalmmunication (HKSE:03969) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Railway Signal & Communication Corp Ltd (HKSE:03969) » Definitions » Construction In Progress

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CRYCY:USA 688009:China

Address

Automobile Museum South Road, CRSC Building, 1 Compound, Fengtai District, 20th Floor, Beijing, CHN, 100070

Website

http://www.crsc.cn

China Railway Signal & Communication Corp Ltd provides products and services on the entire industrial chain of rail transit control systems. The company's operating segments are the rail transportation control system segment which provides specialized three-in-one services of design and integration, equipment manufacturing, and system implementation services for rail transportation control systems, General project contracting segment engages in the provision of services relating to municipal and other construction projects, other segments mainly engage in trading. The firm generates a majority of its revenue from the rail transportation control system segment.

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