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China Merchants Energy Shipping Co (SHSE:601872) Construction In Progress : ¥3,429 Mil (As of Dec. 2023)


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What is China Merchants Energy Shipping Co Construction In Progress?

China Merchants Energy Shipping Co's quarterly construction in progress increased from Jun. 2023 (¥1,652 Mil) to Sep. 2023 (¥2,257 Mil) and increased from Sep. 2023 (¥2,257 Mil) to Dec. 2023 (¥3,429 Mil).

China Merchants Energy Shipping Co's annual construction in progress increased from Dec. 2021 (¥778 Mil) to Dec. 2022 (¥1,073 Mil) and increased from Dec. 2022 (¥1,073 Mil) to Dec. 2023 (¥3,429 Mil).


China Merchants Energy Shipping Co Construction In Progress Historical Data

The historical data trend for China Merchants Energy 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.

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China Merchants Energy Shipping Co Construction In Progress Chart

China Merchants Energy Shipping 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 325.17 948.62 778.14 1,072.92 3,429.01

China Merchants Energy Shipping Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,072.92 1,182.20 1,651.70 2,256.70 3,429.01

China Merchants Energy 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.


China Merchants Energy Shipping Co (SHSE:601872) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Zhongshan East 1st Road, Shanghai, Shanghai, CHN, 200002
China Merchants Energy Shipping Co Ltd is a China-based company engages in the tanker transportation, bulk cargo vessel transportation and liquid natural gas (LNG) vessel transportation. It provides a full range of energy transportation services running a large diversity of vessels, including crude oil tankers, dry bulk carriers, and LNG carriers. It provides services to the customers from China, Japan, Korea, Southeast Asia and the United States and other countries.

China Merchants Energy Shipping Co (SHSE:601872) Headlines

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