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Mingxin New Material Co (SHSE:605068) Construction In Progress : ¥233 Mil (As of Mar. 2025)


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What is Mingxin New Material Co Construction In Progress?

Mingxin New Material Co's quarterly construction in progress declined from Sep. 2024 (¥688 Mil) to Dec. 2024 (¥285 Mil) and declined from Dec. 2024 (¥285 Mil) to Mar. 2025 (¥233 Mil).

Mingxin New Material Co's annual construction in progress increased from Dec. 2022 (¥179 Mil) to Dec. 2023 (¥556 Mil) but then declined from Dec. 2023 (¥556 Mil) to Dec. 2024 (¥285 Mil).


Mingxin New Material Co Construction In Progress Historical Data

The historical data trend for Mingxin New Material 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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Mingxin New Material Co Construction In Progress Chart

Mingxin New Material Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only 157.65 147.20 179.14 556.37 284.75

Mingxin New Material 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 647.19 654.58 687.62 284.75 233.20

Mingxin New Material 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.


Mingxin New Material Co Business Description

Traded in Other Exchanges
N/A
Address
Mingxin Road, No. 188, Daqiao Town, Nanhu District, Zhejiang Province, Jiaxing, CHN, 314006
Mingxin New Material Co Ltd is engaged in development, production and sales of automotive leather. The company's product is automotive interior leather, which is mainly used in automotive interior products such as seats, steering wheels, instrument panels, door panels and other high-end passenger cars.
Executives
Liu Xian Jun Directors, senior managers
Zhao Cheng Jin senior management
Xu Xing Chun Director
Shen Dan senior management
Lv Qing Qing senior management
Zhuang Jun Xin Director
Yu Hai Jie Director

Mingxin New Material Co Headlines

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