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Suzhou Mingzhi Technology Co (SHSE:688355) Construction In Progress : ¥10.6 Mil (As of Sep. 2024)


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What is Suzhou Mingzhi Technology Co Construction In Progress?

Suzhou Mingzhi Technology Co's quarterly construction in progress increased from Mar. 2024 (¥15.3 Mil) to Jun. 2024 (¥15.9 Mil) but then declined from Jun. 2024 (¥15.9 Mil) to Sep. 2024 (¥10.6 Mil).

Suzhou Mingzhi Technology Co's annual construction in progress increased from Dec. 2021 (¥7.1 Mil) to Dec. 2022 (¥42.1 Mil) but then declined from Dec. 2022 (¥42.1 Mil) to Dec. 2023 (¥23.1 Mil).


Suzhou Mingzhi Technology Co Construction In Progress Historical Data

The historical data trend for Suzhou Mingzhi Technology 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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Suzhou Mingzhi Technology Co Construction In Progress Chart

Suzhou Mingzhi Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial 39.40 3.60 7.12 42.08 23.12

Suzhou Mingzhi Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 56.19 23.12 15.31 15.90 10.62

Suzhou Mingzhi Technology 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.


Suzhou Mingzhi Technology Co Business Description

Traded in Other Exchanges
N/A
Address
1999 Tongxiao West Road, Tongli Town, Wujiang District, Jiangsu Province, Suzhou, CHN, 215216
Suzhou Mingzhi Technology Co Ltd is engaged in the research and development and manufacturing of casting products.
Executives
Wang Yu Ping Core technical personnel
Gu Hai Bing Core technical personnel
Xu Lei Lei Core technical personnel
Lu Gao Chun Core technical personnel
Xia Zhi Yuan Core technical personnel
Li Jia Core technical personnel
Zhu Wei An senior management
Dong Yu Ping senior management
Zhang Hong Liang Core technical personnel
Yu Jian Ping Director
Fan Li Director
Li Quan Feng senior management

Suzhou Mingzhi Technology Co Headlines

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