New Horizon Health (HKSE:06606) Construction In Progress: HK$21 Mil (As of Jun. 2023)

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HKSE:06606 New Horizon Health Ltd HKSE:06606
35 GF Score
Price HK$14.14
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What is New Horizon Health Construction In Progress?

New Horizon Health HKSE:06606 35 Construction In Progress is HK$21 Mil as of Jun. 2023. GuruFocus rates HKSE:06606 with a GF Score™ of 35/100.

New Horizon Health's quarterly construction in progress increased from Jun. 2022 (HK$1 Mil) to Dec. 2022 (HK$6 Mil) and increased from Dec. 2022 (HK$6 Mil) to Jun. 2023 (HK$21 Mil).

New Horizon Health's annual construction in progress declined from Dec. 2020 (HK$12 Mil) to Dec. 2021 (HK$3 Mil) but then increased from Dec. 2021 (HK$3 Mil) to Dec. 2022 (HK$6 Mil).

New Horizon Health Construction In Progress Historical Data

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The historical data trend for New Horizon Health'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.

New Horizon Health Construction In Progress Chart

New Horizon Health Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Construction In Progress
0.00 0.96 12.15 2.65 6.45

New Horizon Health Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Construction In Progress Get a 7-Day Free Trial Premium Member Only 0.00 2.65 1.22 6.45 21.37
HKSE:06606
35GF Score
New Horizon Health Ltd HKSE:06606
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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New Horizon Health 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.

What does a Construction In Progress of HK$21 Mil mean?
New Horizon Health (HKSE:06606) has a Construction In Progress of HK$21 Mil as of Jun. 2023. Construction in Progress records the amount of construction work that is not complete. View historical data on New Horizon Health and its competitors.
Is New Horizon Health's Construction In Progress too high?
New Horizon Health's current Construction In Progress is HK$21 Mil. Overall, New Horizon Health has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does New Horizon Health's Construction In Progress compare to ABT and SYK?
New Horizon Health's Construction In Progress of HK$21 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Medical Devices & Instruments company?
A good Construction In Progress depends on the Medical Devices & Instruments industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on New Horizon Health and its competitors. New Horizon Health's current Construction In Progress is HK$21 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Horizon Health stock overvalued right now?
New Horizon Health (HKSE:06606) has a current Construction In Progress of HK$21 Mil. The current Construction In Progress is HK$21 Mil. New Horizon Health's overall GF Score™ is 35/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For New Horizon Health (HKSE:06606), the current Construction In Progress is HK$21 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

New Horizon Health Business Description

Address 400 Jiang’er Road, 13th Floor, T1 Building, Binjiang District, Zhejiang, Hangzhou, CHN, 310052
New Horizon Health Ltd is engaged in early cancer screening and in-home testing in China. The company has an early detection and cancer screening-focused pipeline of five products and product candidates with an emphasis on colorectal cancer screening. The company focuses on cancer prevention and cure through screening and early detection. It generates maximum revenue from ColoClear and Pupu Tube products.
35GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$14.14
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