Shenzhen Yanmade Technology (SHSE:688312) Construction In Progress : ¥19.7 Mil (As of Mar. 2024)

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What is Shenzhen Yanmade Technology Construction In Progress?

Shenzhen Yanmade Technology's quarterly construction in progress declined from Sep. 2023 (¥254.1 Mil) to Dec. 2023 (¥6.5 Mil) but then increased from Dec. 2023 (¥6.5 Mil) to Mar. 2024 (¥19.7 Mil).

Shenzhen Yanmade Technology's annual construction in progress increased from Dec. 2021 (¥0.8 Mil) to Dec. 2022 (¥137.4 Mil) but then declined from Dec. 2022 (¥137.4 Mil) to Dec. 2023 (¥6.5 Mil).

Shenzhen Yanmade Technology Construction In Progress Historical Data

The historical data trend for Shenzhen Yanmade Technology'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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Shenzhen Yanmade Technology Construction In Progress Chart

Shenzhen Yanmade Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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0.15

0.73

0.77

137.37

6.46

Shenzhen Yanmade Technology 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															170.30	204.68	254.06	6.46	19.72

Shenzhen Yanmade Technology 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.

Shenzhen Yanmade Technology (SHSE:688312) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Yanmade Technology Inc (SHSE:688312) » Definitions » Construction In Progress

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Traded in Other Exchanges

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Address

No. 9 Bangkai Road, Fengkai Street, 101, 2, 3, 4th Floor, 1st Floor, Building C, No. 2, Bangkai Technology City, Guangming New District, Guangdong Province, Shenzhen, CHN, 518052

Website

http://www.yanmade.com/cn

Shenzhen Yanmade Technology Inc is engaged in design, production and sales of automated and intelligent test equipment. The cmpany's products include multiple test fields such as automatic test equipment, test fixtures, accessories, etc., and use mechanical automation solutions with independent intellectual property rights to realize flexible manufacturing and intelligent manufacturing platforms for customers.

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