Haidilao International Holding (HKSE:06862) Construction In Progress : HK$174 Mil (As of Dec. 2023)

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What is Haidilao International Holding Construction In Progress?

Haidilao International Holding's quarterly construction in progress declined from Dec. 2022 (HK$278 Mil) to Jun. 2023 (HK$0 Mil) but then increased from Jun. 2023 (HK$0 Mil) to Dec. 2023 (HK$174 Mil).

Haidilao International Holding's annual construction in progress declined from Dec. 2021 (HK$679 Mil) to Dec. 2022 (HK$278 Mil) and declined from Dec. 2022 (HK$278 Mil) to Dec. 2023 (HK$174 Mil).

Haidilao International Holding Construction In Progress Historical Data

The historical data trend for Haidilao International Holding'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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Haidilao International Holding Construction In Progress Chart

Haidilao International Holding Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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1,761.84

2,595.12

678.53

278.00

174.29

Haidilao International Holding Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial											678.53	-	278.00	-	174.29

Haidilao International Holding 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.

Haidilao International Holding (HKSE:06862) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Haidilao International Holding Ltd (HKSE:06862) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

HDALF:USA 8HI:Germany

Address

No. 398 Yard, Zhongdong Road, 7th Floor, No. 1 Building, Dongxiaokou Town, Changping District, Beijing, CHN, 102218

Website

https://www.haidilao.com

Haidilao International is a Chinese hot pot restaurant operator that started in Sichuan in 1998. In 2022, the restaurant chain served over 276 million customers across more than the 1,300 stores it had in Greater China. With CNY 31 billion in 2022 systemwide sales, the firm is the second-largest restaurant company in China, behind Yum China (CNY 68 billion) but ahead of Xiabuxiabu and Jiumaojiu. All of Haidilao's restaurants are company-owned, as the firm is focusing more on the quality of its restaurants than quantity.Haidilao is known for serving Sichuan-style hot pot along with exceptional service. It's still looking to expand its store footprint, but expansion opportunities are now limited to only Greater China following the spinoff of Super Hi—the operator of Haidilao stores overseas.

Haidilao International Holding (HKSE:06862) Headlines

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