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Xiangyang Automobile Bearing Co (SZSE:000678) Construction In Progress : ¥16 Mil (As of Mar. 2024)


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What is Xiangyang Automobile Bearing Co Construction In Progress?

Xiangyang Automobile Bearing Co's quarterly construction in progress declined from Sep. 2023 (¥38 Mil) to Dec. 2023 (¥14 Mil) but then increased from Dec. 2023 (¥14 Mil) to Mar. 2024 (¥16 Mil).

Xiangyang Automobile Bearing Co's annual construction in progress increased from Dec. 2021 (¥29 Mil) to Dec. 2022 (¥41 Mil) but then declined from Dec. 2022 (¥41 Mil) to Dec. 2023 (¥14 Mil).

Xiangyang Automobile Bearing Co Construction In Progress Historical Data

The historical data trend for Xiangyang Automobile Bearing 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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Xiangyang Automobile Bearing Co Construction In Progress Chart

Xiangyang Automobile Bearing Co 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 103.98 47.05 28.83 41.19 13.51

Xiangyang Automobile Bearing 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 49.79 57.76 38.39 13.51 16.39

Xiangyang Automobile Bearing 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.

Xiangyang Automobile Bearing Co (SZSE:000678) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Xiangyang Automobile Bearing Co Ltd (SZSE:000678) » Definitions » Construction In Progress
Comparable Companies
SHSE:603331 SHSE:603089 SZSE:301119 SZSE:300816 SZSE:301072 SZSE:001278 SHSE:603286 SHSE:605151 SHSE:603335 SZSE:300176 TSE:6902 TSE:5108 XPAR:ML APTV MBLY GPC SHSE:600660 XKRX:012330 XTER:CON TSX:MG
Traded in Other Exchanges
N/A
Address
No. 97 Dengcheng Avenue, Hubei Province, Xiangyang, CHN, 441057
Website
http://www.zxy.com.cn
Xiangyang Automobile Bearing Co Ltd is primarily engaged in the manufacture and sales of bearings and accessories, automobile spare parts, mechanical and electronic devices, bearing equipment and related components in China. The products of the group are exported to Europe, America and Southeast Asia and other countries and regions. Further it has set up around 28 sales branches throughout the country, and hold up to 14 distribution centers. The sales and service network covers all major cities.
Executives
Tang Yong Executives
Gao Shao Bing Directors, executives
Wang Guan Bing Executives
Yuan Zhan Supervisors
Song Hui Min Director

Xiangyang Automobile Bearing Co (SZSE:000678) Headlines

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