Sea (MEX:SE) Construction In Progress : MXN238 Mil (As of Dec. 2024)

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What is Sea Construction In Progress?

Sea's quarterly construction in progress stayed the same from Jun. 2024 (MXN0 Mil) to Sep. 2024 (MXN0 Mil) but then increased from Sep. 2024 (MXN0 Mil) to Dec. 2024 (MXN238 Mil).

Sea's annual construction in progress declined from Dec. 2022 (MXN1,006 Mil) to Dec. 2023 (MXN762 Mil) and declined from Dec. 2023 (MXN762 Mil) to Dec. 2024 (MXN238 Mil).

Sea Construction In Progress Historical Data

The historical data trend for Sea'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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Sea Construction In Progress Chart

Sea Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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1,845.20

470.84

1,005.51

761.87

237.57

Sea Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Construction In Progress	Get a 7-Day Free Trial															761.87	-	-	-	237.57

Sea 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.

Sea Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sea Ltd (MEX:SE) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

SE:USA 0A3T:UK 931:Germany 931:Germany S2EA34:Brazil

Address

1 Fusionopolis Place, No. 17-10, Galaxis, Singapore, SGP, 138522

Website

https://www.sea.com

Sea started as a gaming business, Garena, but in 2015 expanded into e-commerce. Sea operates Southeast Asia's largest e-commerce company, Shopee, in terms of gross merchandise value. Shopee is a hybrid C2C and B2C marketplace platform operating in Indonesia, Taiwan, Vietnam, Thailand, Malaysia, the Philippines, and Brazil. For Garena, Free Fire is the key revenue generating game. Sea's third business, SeaMoney, provides lending, payment, digital banking, and insurance services.As of March 31, 2024, Forrest Xiaodong Li, the founder, chairman and CEO, owned 59.8% of voting power and 18.5% of issued shares. Tencent owned 18.2% of issued shares with no voting power.