SFWL (Shengfeng Development) Construction In Progress : $28.5 Mil (As of Dec. 2024)

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What is Shengfeng Development Construction In Progress?

Shengfeng Development's quarterly construction in progress declined from Dec. 2023 ($3.3 Mil) to Jun. 2024 ($0.0 Mil) but then increased from Jun. 2024 ($0.0 Mil) to Dec. 2024 ($28.5 Mil).

Shengfeng Development's annual construction in progress increased from Dec. 2022 ($2.2 Mil) to Dec. 2023 ($3.3 Mil) and increased from Dec. 2023 ($3.3 Mil) to Dec. 2024 ($28.5 Mil).

Shengfeng Development Construction In Progress Historical Data

The historical data trend for Shengfeng Development'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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Shengfeng Development Construction In Progress Chart

Shengfeng Development Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

1.02

0.75

2.22

3.26

28.48

Shengfeng Development Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Construction In Progress	Get a 7-Day Free Trial				2.22	-	3.26	-	28.48

Shengfeng Development 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.

Shengfeng Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shengfeng Development Ltd (NAS:SFWL) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 478, Fuxin East Road, Shengfeng Building, Jinan District, Fujian Province, Fuzhou, CHN, 350001

Website

https://www.sfwl.com.cn

Shengfeng Development Ltd is a holding company. Through its subsidiaries, it offers contract logistics services in China. The contract logistics services offered by the company include planning and designing supply chains, designing facilities, processing orders, collecting payments, managing inventories, and providing client services.