Fujian Longxi Bearing Group Co (SHSE:600592) Construction In Progress : ¥88 Mil (As of Mar. 2024)

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What is Fujian Longxi Bearing Group Co Construction In Progress?

Fujian Longxi Bearing Group Co's quarterly construction in progress declined from Sep. 2023 (¥186 Mil) to Dec. 2023 (¥83 Mil) but then increased from Dec. 2023 (¥83 Mil) to Mar. 2024 (¥88 Mil).

Fujian Longxi Bearing Group Co's annual construction in progress increased from Dec. 2021 (¥56 Mil) to Dec. 2022 (¥164 Mil) but then declined from Dec. 2022 (¥164 Mil) to Dec. 2023 (¥83 Mil).

Fujian Longxi Bearing Group Co Construction In Progress Historical Data

The historical data trend for Fujian Longxi Bearing Group 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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Fujian Longxi Bearing Group Co Construction In Progress Chart

Fujian Longxi Bearing Group Co Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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26.32

116.93

56.20

164.29

82.88

Fujian Longxi Bearing Group 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															163.55	167.96	186.11	82.88	87.75

Fujian Longxi Bearing Group 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.

Fujian Longxi Bearing Group Co (SHSE:600592) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fujian Longxi Bearing Group Co Ltd (SHSE:600592) » Definitions » Construction In Progress

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Traded in Other Exchanges

N/A

Address

Yan'an North Road, Zhangzhou, Fujian, CHN, 363000

Website

http://www.ls.com.cn

Fujian Longxi Bearing Group Co Ltd manufactures spherical plain bearings. It is engaged in the production of spherical plain bearings (SPB), tapered roller bearings, gears, rolling functional components, gearboxes, automobile parts and knitting mechanical equipment.

Fujian Longxi Bearing Group Co (SHSE:600592) Headlines

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