Zhangjiagang Guangda Special Material Co (SHSE:688186) Construction In Progress : ¥1,231 Mil (As of Mar. 2024)

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What is Zhangjiagang Guangda Special Material Co Construction In Progress?

Zhangjiagang Guangda Special Material Co's quarterly construction in progress declined from Sep. 2023 (¥1,350 Mil) to Dec. 2023 (¥1,135 Mil) but then increased from Dec. 2023 (¥1,135 Mil) to Mar. 2024 (¥1,231 Mil).

Zhangjiagang Guangda Special Material Co's annual construction in progress increased from Dec. 2021 (¥1,461 Mil) to Dec. 2022 (¥2,195 Mil) but then declined from Dec. 2022 (¥2,195 Mil) to Dec. 2023 (¥1,135 Mil).

Zhangjiagang Guangda Special Material Co Construction In Progress Historical Data

The historical data trend for Zhangjiagang Guangda Special 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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Zhangjiagang Guangda Special Material Co Construction In Progress Chart

Zhangjiagang Guangda Special Material Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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174.13

700.74

1,460.80

2,195.24

1,135.42

Zhangjiagang Guangda Special Material 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															2,448.26	1,610.62	1,349.81	1,135.42	1,230.63

Zhangjiagang Guangda Special 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.

Zhangjiagang Guangda Special Material Co (SHSE:688186) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Zhangjiagang Guangda Special Material Co Ltd (SHSE:688186) » Definitions » Construction In Progress

Traded in Other Exchanges

N/A

Address

Fenghuang Town, Langanqiao Development Zone, Jiangsu Province, Anqing Village, Zhangjiagang, CHN, 215614

Website

http://www.zjggdtc.com

Zhangjiagang Guangda Special Material Co Ltd is engaged in production and sale of special steel materials. The company's products include various types of castings and forgings and machine accessories: such as forged round bar, die and tool steel, wind power spindle, heavy load gear motor shaft, high pressure boiler pipe, roller, oil mechanical driller, tube-shaped forging, die block, ring forging, disk-shaped forging and all kinds of abnormal forgings. Its products are used in various industries such as wind power, chemical engineering, machinery, automobile, vessel, power station, metallurgy, mining and petrochemical.

Zhangjiagang Guangda Special Material Co (SHSE:688186) Headlines

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