Ningbo Jintian Copper Group Co (SHSE:601609) Construction In Progress : ¥216 Mil (As of Mar. 2024)

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What is Ningbo Jintian Copper Group Co Construction In Progress?

Ningbo Jintian Copper Group Co's quarterly construction in progress declined from Sep. 2023 (¥591 Mil) to Dec. 2023 (¥459 Mil) and declined from Dec. 2023 (¥459 Mil) to Mar. 2024 (¥216 Mil).

Ningbo Jintian Copper Group Co's annual construction in progress declined from Dec. 2021 (¥923 Mil) to Dec. 2022 (¥398 Mil) but then increased from Dec. 2022 (¥398 Mil) to Dec. 2023 (¥459 Mil).

Ningbo Jintian Copper Group Co Construction In Progress Historical Data

The historical data trend for Ningbo Jintian Copper 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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Ningbo Jintian Copper Group Co Construction In Progress Chart

Ningbo Jintian Copper Group Co Annual Data

Trend

Dec14

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Dec20

Dec21

Dec22

Dec23

Construction In Progress

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897.65

737.01

923.39

398.32

459.38

Ningbo Jintian Copper 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															469.39	468.93	591.03	459.38	216.50

Ningbo Jintian Copper 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.

Ningbo Jintian Copper Group Co (SHSE:601609) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ningbo Jintian Copper Group Co Ltd (SHSE:601609) » Definitions » Construction In Progress

Traded in Other Exchanges

N/A

Address

No.1 West West Road, Cicheng Town, Zhejiang Province, Ningbo, CHN, 315034

Website

http://www.jtgroup.com.cn

Ningbo Jintian Copper Group Co Ltd is engaged in production and sales of recycled copper smelting, copper product processing, deep processing and sintered NdFeB permanent magnet materials. Its activity includes nonferrous and ferrous metal rolling, processing; manufacturing and processing of grinding wheels, wires, motors, hardware, valves, electronic components, fasteners; enameled wire, electrolytic copper, copper rods, plates, tapes, wires, tubes, magnetic materials, stainless steel products.

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