MULG (Muliang Viagoo Technology) Construction In Progress: $2.99 Mil (As of Dec. 2023)


MULG Muliang Viagoo Technology Inc MULG
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What is Muliang Viagoo Technology Construction In Progress?

Muliang Viagoo Technology MULG 12 Construction In Progress is $2.99 Mil as of Dec. 2023. GuruFocus rates MULG with a GF Score™ of 12/100.

Muliang Viagoo Technology's quarterly construction in progress increased from Jun. 2023 ($2.74 Mil) to Sep. 2023 ($2.91 Mil) and increased from Sep. 2023 ($2.91 Mil) to Dec. 2023 ($2.99 Mil).

Muliang Viagoo Technology's annual construction in progress declined from Dec. 2021 ($3.13 Mil) to Dec. 2022 ($2.88 Mil) but then increased from Dec. 2022 ($2.88 Mil) to Dec. 2023 ($2.99 Mil).

Muliang Viagoo Technology Construction In Progress Historical Data

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The historical data trend for Muliang Viagoo Technology'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.

Muliang Viagoo Technology Construction In Progress Chart

Muliang Viagoo Technology 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 1.83 3.13 2.88 2.99

Muliang Viagoo Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.88 2.89 2.74 2.91 2.99
MULG
12GF Score
Muliang Viagoo Technology Inc MULG
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Muliang Viagoo Technology 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.

What does a Construction In Progress of $2.99 Mil mean?
Muliang Viagoo Technology (MULG) has a Construction In Progress of $2.99 Mil as of Dec. 2023. Construction in Progress records the amount of construction work that is not complete. View historical data on Muliang Viagoo Technology and its competitors.
Is Muliang Viagoo Technology's Construction In Progress too high?
Muliang Viagoo Technology's current Construction In Progress is $2.99 Mil. Overall, Muliang Viagoo Technology has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Muliang Viagoo Technology's Construction In Progress compare to BHIL and CGA?
Muliang Viagoo Technology's Construction In Progress of $2.99 Mil can be compared against companies in the Agriculture industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for an Agriculture company?
A good Construction In Progress depends on the Agriculture industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Muliang Viagoo Technology and its competitors. Muliang Viagoo Technology's current Construction In Progress is $2.99 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Muliang Viagoo Technology stock overvalued right now?
Muliang Viagoo Technology (MULG) has a current Construction In Progress of $2.99 Mil. The current Construction In Progress is $2.99 Mil. Muliang Viagoo Technology's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Muliang Viagoo Technology (MULG), the current Construction In Progress is $2.99 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Muliang Viagoo Technology Business Description

Address 2498 Wanfeng Highway, Lane 181, Fengjing Town, Jinshan District, Shanghai, CHN, 201501
Muliang Viagoo Technology Inc is in the business of developing, manufacturing, and selling organic fertilizers and bio-organic fertilizers for use in the agricultural industry in the Peoples Republic of China. Organic fertilizer products are sold under the VIE and its subsidiaries' brand names Zongbao, Fukang, and Muliang. The company has a fertilizer plant in Weiha City. It is also engaged in the sales of agricultural products in the Peoples' Republic of China. The company gains maximum of its revenue from China.
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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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