Qingdao Tianneng Heavy Industries Co (SZSE:300569) Construction In Progress : ¥402 Mil (As of Mar. 2025)

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What is Qingdao Tianneng Heavy Industries Co Construction In Progress?

Qingdao Tianneng Heavy Industries Co's quarterly construction in progress increased from Sep. 2024 (¥365 Mil) to Dec. 2024 (¥368 Mil) and increased from Dec. 2024 (¥368 Mil) to Mar. 2025 (¥402 Mil).

Qingdao Tianneng Heavy Industries Co's annual construction in progress declined from Dec. 2022 (¥1,114 Mil) to Dec. 2023 (¥389 Mil) and declined from Dec. 2023 (¥389 Mil) to Dec. 2024 (¥368 Mil).

Qingdao Tianneng Heavy Industries Co Construction In Progress Historical Data

The historical data trend for Qingdao Tianneng Heavy Industries 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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Qingdao Tianneng Heavy Industries Co Construction In Progress Chart

Qingdao Tianneng Heavy Industries Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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1,329.41

331.39

1,114.35

389.28

368.35

Qingdao Tianneng Heavy Industries Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Construction In Progress	Get a 7-Day Free Trial															348.44	348.15	365.07	368.35	401.75

Qingdao Tianneng Heavy Industries 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.

Qingdao Tianneng Heavy Industries Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Qingdao Tianneng Heavy Industries Co Ltd (SZSE:300569) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10, Longxiang Street, Datunhe Industrial Park, Ligezhuang Town, Shandong Province, Jiaozhou, CHN

Website

http://www.qdtnp.com

Qingdao Tianneng Heavy Industries Co Ltd specializes in the manufacture and sale of megawatt wind turbine towers and related products. Its other business activities include chemical production equipment manufacturing, photovoltaic power generation, biomass energy generation and electric energy sales. In addition, the company is engaged in biomass energy power station construction, operation and maintenance. The products are sold to more than 20 provinces, municipalities and autonomous regions in China and foreign markets such as Italy, the United States, Iran and other countries.

Executives

Zhao Bo	Executives
Yu Fu Hai	Supervisors
Zhang Shi Qi	Director
Hu Peng Peng	Executives
Song De Hai	Directors, executives
Liu Ping	Executives
Fang Rui Zheng	Directors, executives

Qingdao Tianneng Heavy Industries Co Headlines

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