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PNE AG (MIL:1PNE) Construction In Progress : €18.8 Mil (As of Mar. 2025)


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What is PNE AG Construction In Progress?

PNE AG's quarterly construction in progress increased from Sep. 2024 (€0.0 Mil) to Dec. 2024 (€33.7 Mil) but then declined from Dec. 2024 (€33.7 Mil) to Mar. 2025 (€18.8 Mil).

PNE AG's annual construction in progress increased from Dec. 2022 (€10.2 Mil) to Dec. 2023 (€13.9 Mil) and increased from Dec. 2023 (€13.9 Mil) to Dec. 2024 (€33.7 Mil).

PNE AG Construction In Progress Historical Data

The historical data trend for PNE AG'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.

* Premium members only.

PNE AG Construction In Progress Chart

PNE AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.07 2.50 10.19 13.90 33.70

PNE AG Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - 33.70 18.80

PNE AG 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.

PNE AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » PNE AG (MIL:1PNE) » Definitions » Construction In Progress
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Traded in Other Exchanges
0KUY:UK PNE3:Germany PNE3:Austria
Address
Peter Henlein-Strasse 2-4, Cuxhaven, NI, DEU, 27472
Website
https://www.pnegroup.com
PNE AG is a developer of projects in the renewable energy sector. The company's core business is the project development as well the construction and operation of onshore and offshore wind farms. It operates in three segments: project development (project planning of wind energy and photovoltaic projects) and services (management and servicing of wind farms and PV power plants as well as revenues from transformer station usage fees). In the power generation segment, revenues were achieved by the sale of electricity from ongoing operations of wind farms and of the Silbitz biomass power station. Key revenue is generated from power generation segment.

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