Jiangsu Guomao Reducer Co (SHSE:603915) Construction In Progress : ¥5 Mil (As of Mar. 2024)

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What is Jiangsu Guomao Reducer Co Construction In Progress?

Jiangsu Guomao Reducer Co's quarterly construction in progress declined from Sep. 2023 (¥24 Mil) to Dec. 2023 (¥6 Mil) and declined from Dec. 2023 (¥6 Mil) to Mar. 2024 (¥5 Mil).

Jiangsu Guomao Reducer Co's annual construction in progress increased from Dec. 2021 (¥38 Mil) to Dec. 2022 (¥146 Mil) but then declined from Dec. 2022 (¥146 Mil) to Dec. 2023 (¥6 Mil).

Jiangsu Guomao Reducer Co Construction In Progress Historical Data

The historical data trend for Jiangsu Guomao Reducer 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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Jiangsu Guomao Reducer Co Construction In Progress Chart

Jiangsu Guomao Reducer Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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171.39

138.23

37.70

146.46

5.72

Jiangsu Guomao Reducer 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															215.26	37.90	24.24	5.72	4.61

Jiangsu Guomao Reducer 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.

Jiangsu Guomao Reducer Co (SHSE:603915) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu Guomao Reducer Co Ltd (SHSE:603915) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.98 Longqian Road, Wujin High-Tech Zone, Jiangsu, Changzhou, CHN

Website

http://www.guomaoglobal.com

Jiangsu Guomao Reducer Co Ltd is primarily involved in the research and development, manufacturing an sale of reducers and motors. It offers products such as Geared motor, Cycloidal reducer, Industrial gearbox, Planetary gearbox, plastic and rubber special reducer and other products.

Executives

Xu Bin	Director
Tan Jia Ming	senior management
Lu Yi Pin	Director
Kong Dong Hua	senior management
Wang Xiao Guang	Director
Yang Wei Qing	senior management
Hao Jian Nan	senior management

Jiangsu Guomao Reducer Co (SHSE:603915) Headlines

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