QKLS (QKL Stores) Construction In Progress: $7.8 Mil (As of Dec. 2015)


What is QKL Stores Construction In Progress?

QKL Stores QKLS Construction In Progress is $7.8 Mil as of Dec. 2015.

QKL Stores's quarterly construction in progress declined from Jun. 2015 ($12.9 Mil) to Sep. 2015 ($12.5 Mil) and declined from Sep. 2015 ($12.5 Mil) to Dec. 2015 ($7.8 Mil).

QKL Stores's annual construction in progress increased from Dec. 2013 ($9.8 Mil) to Dec. 2014 ($12.6 Mil) but then declined from Dec. 2014 ($12.6 Mil) to Dec. 2015 ($7.8 Mil).

QKL Stores Construction In Progress Historical Data

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The historical data trend for QKL Stores'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.

QKL Stores Construction In Progress Chart

QKL Stores Annual Data
Trend Apr06 Apr07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.09 10.01 9.83 12.62 7.78

QKL Stores Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 12.62 12.89 12.94 12.53 7.78

QKL Stores 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 $7.8 Mil mean?
QKL Stores (QKLS) has a Construction In Progress of $7.8 Mil as of Dec. 2015. Construction in Progress records the amount of construction work that is not complete. View historical data on QKL Stores and its competitors.
Is QKL Stores' Construction In Progress too high?
QKL Stores' current Construction In Progress is $7.8 Mil.
How does QKL Stores' Construction In Progress compare to IFMK and HWIN?
QKL Stores' Construction In Progress of $7.8 Mil can be compared against companies in the Retail - Defensive 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 a Retail - Defensive company?
A good Construction In Progress depends on the Retail - Defensive 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 QKL Stores and its competitors. QKL Stores's current Construction In Progress is $7.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QKL Stores stock overvalued right now?
QKL Stores (QKLS) has a current Construction In Progress of $7.8 Mil. The current Construction In Progress is $7.8 Mil. 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 QKL Stores (QKLS), the current Construction In Progress is $7.8 Mil as of Dec. 2015. 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.

QKL Stores Business Description

Address 4 Nanreyuan Street, Dongfeng Road, Zhuangyi Wang, Sartu District, Daqing, CHN, 163300
QKL Stores Inc is engaged in the operation of retail chain stores in northeastern China and Inner Mongolia. The company's supermarkets and hypermarkets sell merchandise including groceries, fresh food, and non-food items.