Zhongzhong Science and Technology (Tianjin) Co (SHSE:603135) Construction In Progress : ¥25.7 Mil (As of Sep. 2024)

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What is Zhongzhong Science and Technology (Tianjin) Co Construction In Progress?

Zhongzhong Science and Technology (Tianjin) Co's quarterly construction in progress increased from Mar. 2024 (¥22.0 Mil) to Jun. 2024 (¥22.9 Mil) and increased from Jun. 2024 (¥22.9 Mil) to Sep. 2024 (¥25.7 Mil).

Zhongzhong Science and Technology (Tianjin) Co's annual construction in progress increased from Dec. 2021 (¥5.4 Mil) to Dec. 2022 (¥323.9 Mil) but then declined from Dec. 2022 (¥323.9 Mil) to Dec. 2023 (¥19.5 Mil).

Zhongzhong Science and Technology (Tianjin) Co Construction In Progress Historical Data

The historical data trend for Zhongzhong Science and Technology (Tianjin) 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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Zhongzhong Science and Technology (Tianjin) Co Construction In Progress Chart

Zhongzhong Science and Technology (Tianjin) Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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5.16

7.87

5.40

323.86

19.47

Zhongzhong Science and Technology (Tianjin) Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Construction In Progress	Get a 7-Day Free Trial											353.77	19.47	22.01	22.89	25.67

Zhongzhong Science and Technology (Tianjin) 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.

Zhongzhong Science and Technology (Tianjin) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhongzhong Science and Technology (Tianjin) Co Ltd (SHSE:603135) » Definitions » Construction In Progress

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Traded in Other Exchanges

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Address

No. 65, Gaoxin Avenue, Ring Outer Development Zone, Science and Technology Park, Beichen District, Tianjin, CHN, 300400

Website

https://www.tjzzjt.com

Zhongzhong Science and Technology (Tianjin) Co Ltd is a national-level high-tech enterprise integrating research and development of intelligent equipment and production lines, process and equipment design, manufacturing, technical services and sales. Automatic production lines for wire rod and plate rolling, complete sets of equipment and related spare parts.

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