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Shanghai Morn Electric Equipment Co (SZSE:002451) Construction In Progress : ¥75 Mil (As of Mar. 2024)


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What is Shanghai Morn Electric Equipment Co Construction In Progress?

Shanghai Morn Electric Equipment Co's quarterly construction in progress increased from Sep. 2023 (¥83 Mil) to Dec. 2023 (¥91 Mil) but then declined from Dec. 2023 (¥91 Mil) to Mar. 2024 (¥75 Mil).

Shanghai Morn Electric Equipment Co's annual construction in progress increased from Dec. 2021 (¥10 Mil) to Dec. 2022 (¥65 Mil) and increased from Dec. 2022 (¥65 Mil) to Dec. 2023 (¥91 Mil).


Shanghai Morn Electric Equipment Co Construction In Progress Historical Data

The historical data trend for Shanghai Morn Electric Equipment 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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Shanghai Morn Electric Equipment Co Construction In Progress Chart

Shanghai Morn Electric Equipment 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 83.47 1.74 9.85 64.93 90.61

Shanghai Morn Electric Equipment 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 79.85 93.75 83.43 90.61 74.80

Shanghai Morn Electric Equipment 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.


Shanghai Morn Electric Equipment Co (SZSE:002451) Business Description

Traded in Other Exchanges
N/A
Address
No.2829 Jiangshan Road, Pudong New Area, Shanghai, CHN, 201306
Shanghai Morn Electric Equipment Co Ltd is engaged in the manufacture, development and sale of wire, cable and related accessories in China. The company also offers technical consulting and services for its products. Its products include Multi URD cable, Single URD cable, DLO cable, SOOW flexible cable, SJOOW flexible cable, SO flexible cable, SJ flexible cable, among others.
Executives
Zhu Jie Supervisors
Wen Ze Xin Directors, executives
Ye Zhen Executives
Zhu Zhi Ying Director
Dai Ren Min Supervisors
Chen Yin Executives
Wang Yong Wei Directors, executives
Wang Qing Director
Wen Ze Hong Directors, executives
Chen De Bin Executives

Shanghai Morn Electric Equipment Co (SZSE:002451) Headlines

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