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Sinofortune Financial Holdings (HKSE:08123) Construction In Progress : HK$1.5 Mil (As of Dec. 2023)


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What is Sinofortune Financial Holdings Construction In Progress?

Sinofortune Financial Holdings's quarterly construction in progress declined from Jun. 2023 (HK$1.5 Mil) to Sep. 2023 (HK$0.0 Mil) but then increased from Sep. 2023 (HK$0.0 Mil) to Dec. 2023 (HK$1.5 Mil).

Sinofortune Financial Holdings's annual construction in progress declined from Dec. 2021 (HK$1.7 Mil) to Dec. 2022 (HK$1.6 Mil) and declined from Dec. 2022 (HK$1.6 Mil) to Dec. 2023 (HK$1.5 Mil).


Sinofortune Financial Holdings Construction In Progress Historical Data

The historical data trend for Sinofortune Financial 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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Sinofortune Financial Holdings Construction In Progress Chart

Sinofortune Financial Holdings 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 - - 1.71 1.58 1.53

Sinofortune Financial Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 - 1.51 - 1.53 -

Sinofortune Financial 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.


Sinofortune Financial Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 64-66 Connaught Road, 16th Floor, CMA Building, Central, Hong Kong, HKG
Sinofortune Financial Holdings Ltd along with its subsidiaries is an integrated financial service and parallel-imported motor vehicles supplier in Hong Kong and the People's Republic of China. The Group is engaged in the provision of securities and futures contracts trading services in Hong Kong, trading of listed securities in Hong Kong, and sales of motor vehicles, provision of agency services and accessories sourcing in the PRC.
Executives
Wang Jiawei 2101 Beneficial owner

Sinofortune Financial Holdings Headlines

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