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NWGL (Nature Wood Group) Construction In Progress : $0.00 Mil (As of Jun. 2024)


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What is Nature Wood Group Construction In Progress?

Nature Wood Group's annual construction in progress declined from Dec. 2021 ($1.31 Mil) to Dec. 2022 ($0.05 Mil) and declined from Dec. 2022 ($0.05 Mil) to Dec. 2023 ($0.00 Mil).


Nature Wood Group Construction In Progress Historical Data

The historical data trend for Nature Wood Group'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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Nature Wood Group Construction In Progress Chart

Nature Wood Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Construction In Progress
0.98 1.31 0.05 -

Nature Wood Group Quarterly Data
Dec20 Dec21 Sep22 Dec22 Jun23 Dec23 Jun24
Construction In Progress Get a 7-Day Free Trial 1.34 0.05 - - -

Nature Wood Group 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.


Nature Wood Group Business Description

Traded in Other Exchanges
N/A
Address
Avenida da Amizade No. 1287, Chong Fok Centro Comercial 13 E, Macau S.A.R., MAC
Nature Wood Group Ltd is a vertically-integrated forestry company that focuses on FSC business operations. It produces various products, including logs, decking, flooring, sawn timber, recycled charcoal, synthesized charcoal, machine-made charcoal, and essential oils. The Group owns natural forest concessions and cutting rights for exploiting timbers on parcels of land in Peru. The Group is organized into two operating divisions; Direct Purchase and Original Design Manufacturer (ODM) Services, and Manufacturing segments. The Direct Purchase and ODM Segment that derives the majority of revenue engages in the business of sourcing live wood and owning designed designs on wood products for sales to end customers. Geographically, the company generates a majority of its revenue from China.