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Sinosteel New Materials Co (SZSE:002057) Construction In Progress : ¥223 Mil (As of Sep. 2024)


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What is Sinosteel New Materials Co Construction In Progress?

Sinosteel New Materials Co's quarterly construction in progress increased from Mar. 2024 (¥233 Mil) to Jun. 2024 (¥245 Mil) but then declined from Jun. 2024 (¥245 Mil) to Sep. 2024 (¥223 Mil).

Sinosteel New Materials Co's annual construction in progress increased from Dec. 2021 (¥162 Mil) to Dec. 2022 (¥258 Mil) but then declined from Dec. 2022 (¥258 Mil) to Dec. 2023 (¥208 Mil).

Sinosteel New Materials Co Construction In Progress Historical Data

The historical data trend for Sinosteel New Materials 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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Sinosteel New Materials Co Construction In Progress Chart

Sinosteel New Materials 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 83.93 57.30 162.41 258.31 208.34

Sinosteel New Materials Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 356.30 208.34 232.58 244.54 223.44

Sinosteel New Materials 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.

Sinosteel New Materials Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sinosteel New Materials Co Ltd (SZSE:002057) » Definitions » Construction In Progress
Comparable Companies
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Traded in Other Exchanges
N/A
Address
No. 9 South section, Huoli Shan Avenue, Anhui, Ma'anshan, CHN, 243000
Website
https://www.sinosteelnmc.com
Sinosteel New Materials Co Ltd is a China-based electronic component manufacturing company. Its business activities include a magnetic material, manganous-manganic oxide, ferrite magnet, neodymium magnet, high-efficiency energy-saving motor and mining equipment specializing in the separator, filter, HPGR (High-Pressure Grinding Rolls) and tower mill.
Executives
Hong Tao Executives
Jiang Bao Cai Director
Sun Jian Hua Executives
Cai Xia Executives

Sinosteel New Materials Co Headlines

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