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Arctech Solar Holding Co (SHSE:688408) Construction In Progress : ¥115 Mil (As of Mar. 2024)


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What is Arctech Solar Holding Co Construction In Progress?

Arctech Solar Holding Co's quarterly construction in progress declined from Sep. 2023 (¥134 Mil) to Dec. 2023 (¥131 Mil) and declined from Dec. 2023 (¥131 Mil) to Mar. 2024 (¥115 Mil).

Arctech Solar Holding Co's annual construction in progress declined from Dec. 2021 (¥326 Mil) to Dec. 2022 (¥106 Mil) but then increased from Dec. 2022 (¥106 Mil) to Dec. 2023 (¥131 Mil).


Arctech Solar Holding Co Construction In Progress Historical Data

The historical data trend for Arctech Solar Holding 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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Arctech Solar Holding Co Construction In Progress Chart

Arctech Solar Holding Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial 38.31 22.62 326.23 105.68 130.70

Arctech Solar Holding 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 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 80.19 117.66 133.53 130.70 114.55

Arctech Solar Holding 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.


Arctech Solar Holding Co (SHSE:688408) Business Description

Traded in Other Exchanges
N/A
Address
2388 Huangpujiang Middle Road, Lujia Town, Jiangsu Province, Kunshan, CHN, 215331
Arctech Solar Holding Co Ltd is engaged in design, production and sales of photovoltaic brackets. The company manufacturers and provides solutions for solar tracking and racking systems for utilities, commercial, industrial and residential projects. Its products under Tracker include Skyline Tracking System; SkySmart Tracking System; Arctracker Pro with tilted modules; Tilt single axis tracker; and products under Mounting structure include Seasonal Tilt; Dual Pole Solutions; and Single Pole Solutions.
Executives
Wang Cheng senior management
Zheng Hai Peng Director
Yu Zheng Ming Directors, senior managers
Wang Shi Tao Core technical personnel

Arctech Solar Holding Co (SHSE:688408) Headlines

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