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CITIC Heavy Industries Co (SHSE:601608) Construction In Progress : ¥142 Mil (As of Mar. 2024)


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What is CITIC Heavy Industries Co Construction In Progress?

CITIC Heavy Industries Co's quarterly construction in progress increased from Sep. 2023 (¥124 Mil) to Dec. 2023 (¥136 Mil) and increased from Dec. 2023 (¥136 Mil) to Mar. 2024 (¥142 Mil).

CITIC Heavy Industries Co's annual construction in progress declined from Dec. 2021 (¥863 Mil) to Dec. 2022 (¥230 Mil) and declined from Dec. 2022 (¥230 Mil) to Dec. 2023 (¥136 Mil).


CITIC Heavy Industries Co Construction In Progress Historical Data

The historical data trend for CITIC Heavy Industries 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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CITIC Heavy Industries Co Construction In Progress Chart

CITIC Heavy Industries 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 1,600.61 1,102.91 862.84 230.21 135.94

CITIC Heavy Industries 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 198.51 168.99 124.33 135.94 142.33

CITIC Heavy Industries 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.


CITIC Heavy Industries Co (SHSE:601608) Business Description

Traded in Other Exchanges
N/A
Address
206 Jianshe Road, Henan Province, Luoyang, CHN, 471039
CITIC Heavy Industries Co Ltd manufactures and distributes large-scale equipment, large complete sets of technical equipment, large castings and forging. Its products include building materials, mining, metallurgy and environmental protection equipment. Geographically, it operates through China, however, its products are sold in both China and internationally.

CITIC Heavy Industries Co (SHSE:601608) Headlines

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