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Guangdong Rifeng Electric Cable Co (SZSE:002953) Construction In Progress : ¥214 Mil (As of Mar. 2024)


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What is Guangdong Rifeng Electric Cable Co Construction In Progress?

Guangdong Rifeng Electric Cable Co's quarterly construction in progress increased from Sep. 2023 (¥157 Mil) to Dec. 2023 (¥204 Mil) and increased from Dec. 2023 (¥204 Mil) to Mar. 2024 (¥214 Mil).

Guangdong Rifeng Electric Cable Co's annual construction in progress increased from Dec. 2021 (¥52 Mil) to Dec. 2022 (¥104 Mil) and increased from Dec. 2022 (¥104 Mil) to Dec. 2023 (¥204 Mil).


Guangdong Rifeng Electric Cable Co Construction In Progress Historical Data

The historical data trend for Guangdong Rifeng Electric Cable 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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Guangdong Rifeng Electric Cable Co Construction In Progress Chart

Guangdong Rifeng Electric Cable 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 44.36 111.82 51.65 103.55 204.25

Guangdong Rifeng Electric Cable 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 111.58 105.96 156.90 204.25 213.62

Guangdong Rifeng Electric Cable 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.


Guangdong Rifeng Electric Cable Co (SZSE:002953) Business Description

Traded in Other Exchanges
N/A
Address
Guangfeng Industrial Park, West District, Guangdong Province, Zhongshan, CHN
Guangdong Rifeng Electric Cable Co Ltd is a wire and cable manufacturer. It produces all types of cables, including household wires, power cables, rubber cables, control cables, heavy mechanical cables, instrument cables, communication cables, marine cables, connecting cables and power cords. Products are widely used in household appliances, power engineering, petrochemical, metallurgy, construction machinery, communications engineering, wind power, environmental engineering, dam embankment engineering, instrumentation, computer communication control and other fields.

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