Zhejiang Weigang Technology Co (SZSE:001256) Construction In Progress : ¥6.7 Mil (As of Mar. 2024)

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What is Zhejiang Weigang Technology Co Construction In Progress?

Zhejiang Weigang Technology Co's quarterly construction in progress declined from Sep. 2023 (¥53.1 Mil) to Dec. 2023 (¥8.3 Mil) and declined from Dec. 2023 (¥8.3 Mil) to Mar. 2024 (¥6.7 Mil).

Zhejiang Weigang Technology Co's annual construction in progress declined from Dec. 2021 (¥147.5 Mil) to Dec. 2022 (¥32.1 Mil) and declined from Dec. 2022 (¥32.1 Mil) to Dec. 2023 (¥8.3 Mil).

Zhejiang Weigang Technology Co Construction In Progress Historical Data

The historical data trend for Zhejiang Weigang 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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Zhejiang Weigang Technology Co Construction In Progress Chart

Zhejiang Weigang Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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33.68

99.88

147.46

32.11

8.30

Zhejiang Weigang Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial										33.37	45.15	53.12	8.30	6.65

Zhejiang Weigang 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.

Zhejiang Weigang Technology Co (SZSE:001256) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Weigang Technology Co Ltd (SZSE:001256) » Definitions » Construction In Progress

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Traded in Other Exchanges

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Address

Songqiao Industrial Zone, Pingyang County, Zhejiang Province, Wenzhou, CHN, 325409

Website

http://www.weigang.cn

Zhejiang Weigang Technology Co Ltd specialized in manufacturing narrow label printing machines and converting machines.

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