KNYJY (KONE Oyj) Construction In Progress : $0 Mil (As of Sep. 2024)

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What is KONE Oyj Construction In Progress?

KONE Oyj's annual construction in progress increased from Dec. 2021 ($17 Mil) to Dec. 2022 ($28 Mil) and increased from Dec. 2022 ($28 Mil) to Dec. 2023 ($59 Mil).

KONE Oyj Construction In Progress Historical Data

The historical data trend for KONE Oyj'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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KONE Oyj Construction In Progress Chart

KONE Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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10.78

16.79

16.95

28.50

59.00

KONE Oyj Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Construction In Progress	Get a 7-Day Free Trial															-	59.00	-	-	-

KONE Oyj 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.

KONE Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » KONE Oyj (OTCPK:KNYJY) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

KNYJF:USA KNEBVh:UK 0II2:UK KNEBV:Finland KC4:Germany

Address

Keilasatama 3, P.O. Box 7, Espoo, FIN, 02150

Website

https://www.kone.com

Kone is a global top-four supplier of elevators and escalators. Kone began producing elevators in Finland in 1918 and today generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing its installed base. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. The bulk of Kone's business is in elevators, which are more numerous globally than escalators. Its business model is similar to its closest competitors Otis, Schindler, and TK Elevator.