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Gansu Jiu Steel Group Hongxing Iron And Steel Co (SHSE:600307) Construction In Progress : ¥9,558 Mil (As of Mar. 2025)


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What is Gansu Jiu Steel Group Hongxing Iron And Steel Co Construction In Progress?

Gansu Jiu Steel Group Hongxing Iron And Steel Co's quarterly construction in progress increased from Sep. 2024 (¥7,207 Mil) to Dec. 2024 (¥7,722 Mil) and increased from Dec. 2024 (¥7,722 Mil) to Mar. 2025 (¥9,558 Mil).

Gansu Jiu Steel Group Hongxing Iron And Steel Co's annual construction in progress increased from Dec. 2022 (¥3,565 Mil) to Dec. 2023 (¥4,313 Mil) and increased from Dec. 2023 (¥4,313 Mil) to Dec. 2024 (¥7,722 Mil).


Gansu Jiu Steel Group Hongxing Iron And Steel Co Construction In Progress Historical Data

The historical data trend for Gansu Jiu Steel Group Hongxing Iron And Steel Co'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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Gansu Jiu Steel Group Hongxing Iron And Steel Co Construction In Progress Chart

Gansu Jiu Steel Group Hongxing Iron And Steel Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 749.56 1,307.96 3,564.85 4,313.45 7,721.74

Gansu Jiu Steel Group Hongxing Iron And Steel Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4,686.03 6,040.54 7,206.51 7,721.74 9,557.97

Gansu Jiu Steel Group Hongxing Iron And Steel Co 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.


Gansu Jiu Steel Group Hongxing Iron And Steel Co Business Description

Traded in Other Exchanges
N/A
Address
No. 12 Xiongguang East Road, Gansu Province, Jiayuguan, CHN, 715300
Gansu Jiu Steel Group Hongxing Iron And Steel Co Ltd is a China-based company engaged in the business of production and sale of carbon steel and stainless steel production systems. The company's carbon steel products cover four major series of wires, rods, plates, and belts whereas the stainless steel products include ferrite, austenite, martensite, and duplex stainless steel. It sells the products in China and also exports it to other international countries.
Executives
Wang Jian Yuan Supervisors

Gansu Jiu Steel Group Hongxing Iron And Steel Co Headlines

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