GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ningbo Ocean Shipping Co Ltd (SHSE:601022) » Definitions » Construction In Progress

Ningbo Ocean Shipping Co (SHSE:601022) Construction In Progress : ¥24 Mil (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Ningbo Ocean Shipping Co Construction In Progress?

Ningbo Ocean Shipping Co's quarterly construction in progress declined from Sep. 2023 (¥664 Mil) to Dec. 2023 (¥444 Mil) and declined from Dec. 2023 (¥444 Mil) to Mar. 2024 (¥24 Mil).

Ningbo Ocean Shipping Co's annual construction in progress declined from Dec. 2021 (¥491 Mil) to Dec. 2022 (¥305 Mil) but then increased from Dec. 2022 (¥305 Mil) to Dec. 2023 (¥444 Mil).


Ningbo Ocean Shipping Co Construction In Progress Historical Data

The historical data trend for Ningbo Ocean Shipping 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.

* Premium members only.

Ningbo Ocean Shipping Co Construction In Progress Chart

Ningbo Ocean Shipping Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial 0.29 146.91 490.84 305.12 444.11

Ningbo Ocean Shipping Co Quarterly Data
Dec18 Dec19 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 407.32 446.27 664.29 444.11 24.34

Ningbo Ocean Shipping 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.


Ningbo Ocean Shipping Co (SHSE:601022) Business Description

Traded in Other Exchanges
N/A
Address
Building 2, Bei'an Fortune Center,, Jiangbei District, Zhejiang Province, Ningbo, CHN, 315020
Ningbo Ocean Shipping Co Ltd specializing in the operation of cross-strait, China-Japan, China-Korea, Southeast Asia container liner routes and domestic container public transportation.

Ningbo Ocean Shipping Co (SHSE:601022) Headlines

No Headlines