China Rare Earth Resources & Technology Co (SZSE:000831) Construction In Progress : ¥24 Mil (As of Mar. 2024)

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What is China Rare Earth Resources & Technology Co Construction In Progress?

China Rare Earth Resources & Technology Co's quarterly construction in progress increased from Sep. 2023 (¥9 Mil) to Dec. 2023 (¥11 Mil) and increased from Dec. 2023 (¥11 Mil) to Mar. 2024 (¥24 Mil).

China Rare Earth Resources & Technology Co's annual construction in progress increased from Dec. 2021 (¥8 Mil) to Dec. 2022 (¥197 Mil) but then declined from Dec. 2022 (¥197 Mil) to Dec. 2023 (¥11 Mil).

China Rare Earth Resources & Technology Co Construction In Progress Historical Data

The historical data trend for China Rare Earth Resources & 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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China Rare Earth Resources & Technology Co Construction In Progress Chart

China Rare Earth Resources & Technology Co Annual Data

Trend

Dec14

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Dec23

Construction In Progress

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3.65

2.81

8.32

197.35

11.50

China Rare Earth Resources & Technology 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															0.37	0.94	8.64	11.50	24.21

China Rare Earth Resources & 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.

China Rare Earth Resources & Technology Co (SZSE:000831) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » China Rare Earth Resources & Technology Co Ltd (SZSE:000831) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18 Zhangjiang South Avenue, 15th Floor, Building A, Haode Ginza, Zhanggong District, Jiangxi Province, Ganzhou, CHN, 341000

Website

http://www.cmreltd.com

China Rare Earth Resources & Technology Co Ltd is principally engaged in the production and sales of rare earth oxides. It is mainly engaged in the operation and trade of rare earth oxides, rare earth metals and rare earth deep processing products, as well as rare earth technology research and development and consulting services. The company's leading product include high-purity single rare earth oxides and rare earth co-precipitate products. Geographically activities are carried out through China.

China Rare Earth Resources & Technology Co (SZSE:000831) Headlines

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