Zhong Fu Tong Group Co (SZSE:300560) Construction In Progress : ¥4 Mil (As of Jun. 2024)

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What is Zhong Fu Tong Group Co Construction In Progress?

Zhong Fu Tong Group Co's quarterly construction in progress increased from Dec. 2023 (¥1 Mil) to Mar. 2024 (¥2 Mil) and increased from Mar. 2024 (¥2 Mil) to Jun. 2024 (¥4 Mil).

Zhong Fu Tong Group Co's annual construction in progress increased from Dec. 2021 (¥190 Mil) to Dec. 2022 (¥199 Mil) but then declined from Dec. 2022 (¥199 Mil) to Dec. 2023 (¥1 Mil).

Zhong Fu Tong Group Co Construction In Progress Historical Data

The historical data trend for Zhong Fu Tong Group 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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Zhong Fu Tong Group Co Construction In Progress Chart

Zhong Fu Tong Group Co Annual Data

Trend

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Dec23

Construction In Progress

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33.83

112.97

189.62

199.34

1.25

Zhong Fu Tong Group Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Construction In Progress	Get a 7-Day Free Trial															209.32	214.80	1.25	1.96	3.72

Zhong Fu Tong Group 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.

Zhong Fu Tong Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Zhong Fu Tong Group Co Ltd (SZSE:300560) » Definitions » Construction In Progress

Traded in Other Exchanges

N/A

Address

Software Avenue, Tongpan Road, Software Park, No. 89, Floors 20, 21, 22, Building 4, F Zone, Gulou District, Fujian Province, Fuzhou, CHN, 350003

Website

http://www.zftii.com

Zhong Fu Tong Group Co Ltd operates in the communication technology service industry. The company is mainly engaged in the communication network construction, maintenance, and optimization services. In addition, the company also provides system solutions such as ad hoc networks, ICTs, and the Internet of Things. The company primarily serves the people's liberation army, the armed police, government functions and communications operators such as China Mobile, China Telecom, China Unicom, China Tower as well as communication equipment suppliers.

Executives

Ke Hong Hui	Director
Chen Rong Jie	Director
Huang Xiao Ming	Supervisors
Yang Wei Min	Independent director
Wang Bei Yi	Supervisors

Zhong Fu Tong Group Co Headlines

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