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Suzhou Hengmingda Electronic Technology Co (SZSE:002947) Construction In Progress : ¥47 Mil (As of Mar. 2024)


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What is Suzhou Hengmingda Electronic Technology Co Construction In Progress?

Suzhou Hengmingda Electronic Technology Co's quarterly construction in progress declined from Sep. 2023 (¥70 Mil) to Dec. 2023 (¥40 Mil) but then increased from Dec. 2023 (¥40 Mil) to Mar. 2024 (¥47 Mil).

Suzhou Hengmingda Electronic Technology Co's annual construction in progress increased from Dec. 2021 (¥32 Mil) to Dec. 2022 (¥63 Mil) but then declined from Dec. 2022 (¥63 Mil) to Dec. 2023 (¥40 Mil).

Suzhou Hengmingda Electronic Technology Co Construction In Progress Historical Data

The historical data trend for Suzhou Hengmingda Electronic 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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Suzhou Hengmingda Electronic Technology Co Construction In Progress Chart

Suzhou Hengmingda Electronic Technology 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 - 14.11 31.97 63.28 40.42

Suzhou Hengmingda Electronic Technology 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 29.23 56.83 69.57 40.42 47.48

Suzhou Hengmingda Electronic 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.

Suzhou Hengmingda Electronic Technology Co (SZSE:002947) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Suzhou Hengmingda Electronic Technology Co Ltd (SZSE:002947) » Definitions » Construction In Progress
Comparable Companies
SZSE:300256 SHSE:603936 SZSE:301051 SHSE:603738 SHSE:688593 SHSE:603119 SZSE:300232 SZSE:002636 SZSE:300360 SHSE:600775 APH TPE:2317 TEL SZSE:002475 TSE:6981 TPE:2308 GLW XKRX:006400 SZSE:000725 JBL
Traded in Other Exchanges
N/A
Address
No. 1568 Shipai Taki Road, Bacheng Town, Jiangsu Province, Kunshan City, CHN, 215312
Website
http://www.hengmingda.com
Suzhou Hengmingda Electronic Technology Co Ltd is a technology company. The company is engaged in the design, development, production and sales of consumer electronic functional devices. The products have been widely used in consumer electronics and components such as mobile phones, tablet computers, notebook computers, smart wearable devices.

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