Freetech Road Recycling Technology (Holdings) (HKSE:06888) Construction In Progress : HK$3.5 Mil (As of Jun. 2024)

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What is Freetech Road Recycling Technology (Holdings) Construction In Progress?

Freetech Road Recycling Technology (Holdings)'s quarterly construction in progress increased from Jun. 2023 (HK$3.5 Mil) to Dec. 2023 (HK$3.6 Mil) but then declined from Dec. 2023 (HK$3.6 Mil) to Jun. 2024 (HK$3.5 Mil).

Freetech Road Recycling Technology (Holdings)'s annual construction in progress declined from Dec. 2021 (HK$4.0 Mil) to Dec. 2022 (HK$3.7 Mil) and declined from Dec. 2022 (HK$3.7 Mil) to Dec. 2023 (HK$3.6 Mil).

Freetech Road Recycling Technology (Holdings) Construction In Progress Historical Data

The historical data trend for Freetech Road Recycling Technology (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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Freetech Road Recycling Technology (Holdings) Construction In Progress Chart

Freetech Road Recycling Technology (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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6.12

3.89

4.00

3.68

3.60

Freetech Road Recycling Technology (Holdings) Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Construction In Progress	Get a 7-Day Free Trial															3.83	3.68	3.53	3.60	3.51

Freetech Road Recycling Technology (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.

Freetech Road Recycling Technology (Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Freetech Road Recycling Technology (Holdings) Ltd (HKSE:06888) » Definitions » Construction In Progress

Traded in Other Exchanges

N/A

Address

178 Gloucester Road, 29th Floor, Chinachem Century Tower, Wanchai, Hong Kong, HKG

Website

http://www.freetech-holdings.hk/en

Freetech Road Recycling Technology (Holdings) Ltd is an investment holding company engaged in the manufacturing and sale of road maintenance equipment and provision of road maintenance services in the People's Republic of China (the PRC). The operating segments of the group are the APM service segment, where it provides APM services under the registered trademark (Road Doctor) to repair damaged asphalt pavement surfaces, and the APM equipment segment, where it manufactures and sells a wide range of APM equipment. It derives the majority of its revenue from APM Services. It has a business presence in Mainland China and other overseas markets.

Executives

Bank Of Communications Trustee Limited	2301 Trustee
Sze Wai Pan	2101 Beneficial owner
Freetech Technology Limited	2201 Interest of corporation controlled by you

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