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Ningbo Xusheng Group Co (SHSE:603305) Construction In Progress : ¥799 Mil (As of Mar. 2024)


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What is Ningbo Xusheng Group Co Construction In Progress?

Ningbo Xusheng Group Co's quarterly construction in progress declined from Sep. 2023 (¥1,218 Mil) to Dec. 2023 (¥624 Mil) but then increased from Dec. 2023 (¥624 Mil) to Mar. 2024 (¥799 Mil).

Ningbo Xusheng Group Co's annual construction in progress declined from Dec. 2021 (¥1,251 Mil) to Dec. 2022 (¥1,062 Mil) and declined from Dec. 2022 (¥1,062 Mil) to Dec. 2023 (¥624 Mil).


Ningbo Xusheng Group Co Construction In Progress Historical Data

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

Ningbo Xusheng 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 635.47 870.19 1,251.22 1,061.72 623.92

Ningbo Xusheng 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 1,137.65 1,218.03 1,218.12 623.92 798.73

Ningbo Xusheng 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 Xusheng Group Co (SHSE:603305) Business Description

Traded in Other Exchanges
N/A
Address
No. 68, Yanshan Hebei Road, Beilun District, Zhejiang, Ningbo, CHN, 315806
Ningbo Xusheng Group Co Ltd is engaged in the R&D, production and sales of precision aluminum alloy automotive parts and industrial aluminum alloy parts for thermoforming die-casting and forging. Its products are mainly used in new energy and traditional automotive industries and other machinery manufacturing industries.
Executives
Xu Xu Dong Director
Ding Hai Ping Supervisors

Ningbo Xusheng Group Co (SHSE:603305) Headlines

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