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Innovation New Material Technology Co (SHSE:600361) Construction In Progress : ¥1,225 Mil (As of Mar. 2024)


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What is Innovation New Material Technology Co Construction In Progress?

Innovation New Material Technology Co's quarterly construction in progress increased from Sep. 2023 (¥1,068 Mil) to Dec. 2023 (¥1,300 Mil) but then declined from Dec. 2023 (¥1,300 Mil) to Mar. 2024 (¥1,225 Mil).

Innovation New Material Technology Co's annual construction in progress increased from Dec. 2021 (¥192 Mil) to Dec. 2022 (¥259 Mil) and increased from Dec. 2022 (¥259 Mil) to Dec. 2023 (¥1,300 Mil).


Innovation New Material Technology Co Construction In Progress Historical Data

The historical data trend for Innovation New Material Technology 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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Innovation New Material Technology Co Construction In Progress Chart

Innovation New Material Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.81 157.16 191.61 259.42 1,299.66

Innovation New Material Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 338.60 858.58 1,068.14 1,299.66 1,225.22

Innovation New Material Technology 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.


Innovation New Material Technology Co (SHSE:600361) Business Description

Traded in Other Exchanges
N/A
Address
No. 31, Fuchengmenwai Street, Room 416A, 4th Floor, Xicheng District, Beijing, CHN, 100032
Innovation New Material Technology Co Ltd is engaged in the research, development, production and processing of aluminum alloy and its products.

Innovation New Material Technology Co (SHSE:600361) Headlines

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