Microvast Holdings (Microvast Holdings) Construction In Progress : $0.00 Mil (As of Mar. 2024)

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What is Microvast Holdings Construction In Progress?

Microvast Holdings's quarterly construction in progress increased from Sep. 2023 ($0.00 Mil) to Dec. 2023 ($321.91 Mil) but then declined from Dec. 2023 ($321.91 Mil) to Mar. 2024 ($0.00 Mil).

Microvast Holdings's annual construction in progress increased from Dec. 2021 ($96.97 Mil) to Dec. 2022 ($195.54 Mil) and increased from Dec. 2022 ($195.54 Mil) to Dec. 2023 ($321.91 Mil).

Microvast Holdings Construction In Progress Historical Data

The historical data trend for Microvast 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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Microvast Holdings Construction In Progress Chart

Microvast Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

57.40

96.97

195.54

321.91

Microvast Holdings Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial											-	-	-	321.91	-

Microvast 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.

Microvast Holdings (Microvast Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Microvast Holdings Inc (NAS:MVSTW) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

MVST:USA 2OZ:Germany

Address

12603 Southwest Freeway, Suite 300, Stafford, TX, USA, 77477

Website

https://www.microvast.com

Microvast Holdings Inc is a technology innovator that designs, develops, and manufactures lithium-ion battery solutions. The company is renowned for its cutting-edge cell technology and its vertical integration capabilities which extend from core battery chemistry to battery packs.