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Satellite Chemical Co (SZSE:002648) Construction In Progress : ¥4,231 Mil (As of Mar. 2024)


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What is Satellite Chemical Co Construction In Progress?

Satellite Chemical Co's quarterly construction in progress declined from Sep. 2023 (¥5,031 Mil) to Dec. 2023 (¥3,186 Mil) but then increased from Dec. 2023 (¥3,186 Mil) to Mar. 2024 (¥4,231 Mil).

Satellite Chemical Co's annual construction in progress increased from Dec. 2021 (¥7,892 Mil) to Dec. 2022 (¥7,971 Mil) but then declined from Dec. 2022 (¥7,971 Mil) to Dec. 2023 (¥3,186 Mil).


Satellite Chemical Co Construction In Progress Historical Data

The historical data trend for Satellite Chemical 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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Satellite Chemical Co Construction In Progress Chart

Satellite Chemical 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 4,653.14 12,098.06 7,892.41 7,971.12 3,186.40

Satellite Chemical 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 4,465.57 4,626.25 5,030.51 3,186.40 4,230.57

Satellite Chemical 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.


Satellite Chemical Co (SZSE:002648) Business Description

Traded in Other Exchanges
N/A
Address
Bujiao Road, Jia’xing Industrial Park, Zhejiang, CHN, 314050
Satellite Chemical Co Ltd formerly Zhejiang Satellite Petrochemical Co Ltd is a China-based acrylic acid manufacturer. It is involved in integrating research and development, production, sales and logistics of propylene, polypropylene, acrylic acid, high purity acrylic acid to an acrylic ester, polymer emulsion and high absorbent resin.
Executives
Jin Feng Fu Executives
Liu Shi Gang Executives
Yang Yu Ying Director
Cai Yong Sheng Executives
Kong Dong Independent director

Satellite Chemical Co (SZSE:002648) Headlines

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