Zhejiang Founder Motor Co (SZSE:002196) Construction In Progress : ¥287 Mil (As of Mar. 2024)

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What is Zhejiang Founder Motor Co Construction In Progress?

Zhejiang Founder Motor Co's quarterly construction in progress declined from Sep. 2023 (¥472 Mil) to Dec. 2023 (¥193 Mil) but then increased from Dec. 2023 (¥193 Mil) to Mar. 2024 (¥287 Mil).

Zhejiang Founder Motor Co's annual construction in progress increased from Dec. 2021 (¥160 Mil) to Dec. 2022 (¥285 Mil) but then declined from Dec. 2022 (¥285 Mil) to Dec. 2023 (¥193 Mil).

Zhejiang Founder Motor Co Construction In Progress Historical Data

The historical data trend for Zhejiang Founder Motor 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 Founder Motor Co Construction In Progress Chart

Zhejiang Founder Motor Co Annual Data

Trend

Dec14

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Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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103.24

157.76

159.94

284.78

192.94

Zhejiang Founder Motor 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															329.73	387.87	471.55	192.94	286.96

Zhejiang Founder Motor 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 Founder Motor Co (SZSE:002196) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Founder Motor Co Ltd (SZSE:002196) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

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Address

No. 24 Tianning Industrial Zone, Lishui, Zhejiang, CHN, 323000

Website

http://www.fdm.com.cn

Zhejiang Founder Motor Co Ltd is a China-based company engaged in research and development, production and sale of micro special motors. The company is also specialized in energy-saving and new-energy vehicle drivetrains and automotive control systems. Its products include EV motors, automotive motors, energy vehicle motor drives, energy commercial vehicle drive systems, and car controls. The company's products are used in low-speed electric vehicles, light trucks, low-voltage electric vehicles, passenger cars and engineering vehicles.

Executives

Zhang Chi	Director
Niu Ming Kui	Executives
Yang Xiao Hong	Supervisors
Zhang Min	Directors, executives
Mou Jian	Secretary, Director
Weng Wei Wen	Director
Zhou Jian	Supervisors
Ma Bin Wu	Supervisors
Zheng Lian Ming	Independent director
Cai Jun Biao	Director
Mao Xiao Jian	Director
Shu Lin Yan	Securities Affairs Representative
Shen Hu	Supervisors
Liu Guo Ping	Director
Qian Jin	Director

Zhejiang Founder Motor Co (SZSE:002196) Headlines

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