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China Automotive Systems (STU:RYV) Construction In Progress : €11.9 Mil (As of Mar. 2024)


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What is China Automotive Systems Construction In Progress?

China Automotive Systems's quarterly construction in progress increased from Sep. 2023 (€7.9 Mil) to Dec. 2023 (€19.4 Mil) but then declined from Dec. 2023 (€19.4 Mil) to Mar. 2024 (€11.9 Mil).

China Automotive Systems's annual construction in progress increased from Dec. 2021 (€8.6 Mil) to Dec. 2022 (€15.5 Mil) and increased from Dec. 2022 (€15.5 Mil) to Dec. 2023 (€19.4 Mil).


China Automotive Systems Construction In Progress Historical Data

The historical data trend for China Automotive Systems'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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China Automotive Systems Construction In Progress Chart

China Automotive Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.38 22.78 8.56 15.53 19.38

China Automotive Systems 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 6.32 6.91 7.91 19.38 11.91

China Automotive Systems 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.


China Automotive Systems (STU:RYV) Business Description

Traded in Other Exchanges
Address
No. 1 Henglong Road, Yu Qiao Development Zone, Shashi District, Hubei Province, Jing Zhou, CHN, 434000
China Automotive Systems Inc is a holding company. The firm through its subsidiary is a supplier of power steering systems and components to China's automotive industry. Its product offering encompasses a full range of auto parts incorporated into steering systems for both passenger automobiles and commercial vehicles. The company offers four separate series, more than 310 models of power steering including rack and pinion power steering, integral power steering, electronic power steering and manual steering, steering columns, steering oil pumps, and steering hoses. Geographically, it derives a majority of revenue from China.

China Automotive Systems (STU:RYV) Headlines

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