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Gansu Guofang Industry & Trade (Group) Co (SHSE:601086) Construction In Progress : ¥24.2 Mil (As of Mar. 2024)


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What is Gansu Guofang Industry & Trade (Group) Co Construction In Progress?

Gansu Guofang Industry & Trade (Group) Co's quarterly construction in progress increased from Sep. 2023 (¥5.3 Mil) to Dec. 2023 (¥16.8 Mil) and increased from Dec. 2023 (¥16.8 Mil) to Mar. 2024 (¥24.2 Mil).

Gansu Guofang Industry & Trade (Group) Co's annual construction in progress declined from Dec. 2021 (¥8.2 Mil) to Dec. 2022 (¥2.0 Mil) but then increased from Dec. 2022 (¥2.0 Mil) to Dec. 2023 (¥16.8 Mil).


Gansu Guofang Industry & Trade (Group) Co Construction In Progress Historical Data

The historical data trend for Gansu Guofang Industry & Trade (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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Gansu Guofang Industry & Trade (Group) Co Construction In Progress Chart

Gansu Guofang Industry & Trade (Group) 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 4.06 2.37 8.20 2.04 16.85

Gansu Guofang Industry & Trade (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 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 1.12 1.75 5.26 16.85 24.25

Gansu Guofang Industry & Trade (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.


Gansu Guofang Industry & Trade (Group) Co (SHSE:601086) Business Description

Traded in Other Exchanges
N/A
Address
No. 4-6, South Square Road, Chengguan District, Gansu Province, Lanzhou, CHN, 730000
Gansu Guofang Industry & Trade (Group) Co Ltd is engaged in the operation of department stores, supplemented by the chain of the retail business of supermarkets and electrical appliances.

Gansu Guofang Industry & Trade (Group) Co (SHSE:601086) Headlines

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