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Hefei Changqing Machinery Co (SHSE:603768) Construction In Progress : ¥390 Mil (As of Mar. 2025)


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What is Hefei Changqing Machinery Co Construction In Progress?

Hefei Changqing Machinery Co's quarterly construction in progress declined from Sep. 2024 (¥526 Mil) to Dec. 2024 (¥292 Mil) but then increased from Dec. 2024 (¥292 Mil) to Mar. 2025 (¥390 Mil).

Hefei Changqing Machinery Co's annual construction in progress increased from Dec. 2022 (¥332 Mil) to Dec. 2023 (¥662 Mil) but then declined from Dec. 2023 (¥662 Mil) to Dec. 2024 (¥292 Mil).


Hefei Changqing Machinery Co Construction In Progress Historical Data

The historical data trend for Hefei Changqing Machinery 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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Hefei Changqing Machinery Co Construction In Progress Chart

Hefei Changqing Machinery Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 243.99 443.07 331.53 662.13 292.06

Hefei Changqing Machinery Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 778.54 808.88 525.51 292.06 389.85

Hefei Changqing Machinery 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.


Hefei Changqing Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
No. 18 Dongyou Road, Anhui Province, Hefei City, CHN, 230022
Hefei Changqing Machinery Co Ltd is a China based company primarily engaged in the manufacturing of automotive parts. The company researches, develops, and produces automotive stamping, mold fixture products, and welding parts. It offers products for passenger cars, VIP cars, commercial vehicles, electrophoresis, and other series. The product portfolio of the company comprises chassis frame, air reservoir, silencer, forklift roof, stringer, and other related accessories.

Hefei Changqing Machinery Co Headlines

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