Zhejiang Meili High Technology Co (SZSE:300611) Construction In Progress : ¥22 Mil (As of Mar. 2024)

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What is Zhejiang Meili High Technology Co Construction In Progress?

Zhejiang Meili High Technology Co's quarterly construction in progress declined from Sep. 2023 (¥48 Mil) to Dec. 2023 (¥21 Mil) but then increased from Dec. 2023 (¥21 Mil) to Mar. 2024 (¥22 Mil).

Zhejiang Meili High Technology Co's annual construction in progress increased from Dec. 2021 (¥82 Mil) to Dec. 2022 (¥82 Mil) but then declined from Dec. 2022 (¥82 Mil) to Dec. 2023 (¥21 Mil).

Zhejiang Meili High Technology Co Construction In Progress Historical Data

The historical data trend for Zhejiang Meili High 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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Zhejiang Meili High Technology Co Construction In Progress Chart

Zhejiang Meili High Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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42.94

87.97

81.60

81.85

20.74

Zhejiang Meili High 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															53.16	64.68	48.44	20.74	22.26

Zhejiang Meili High 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.

Zhejiang Meili High Technology Co (SZSE:300611) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Meili High Technology Co Ltd (SZSE:300611) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1365 West Xinchang Avenue, Zhejiang, Xinchang, CHN, 312500

Website

http://www.china-springs.com

Zhejiang Meili High Technology Co Ltd is a China based company engages in the provision of automotive products. Its products portfolio includes power system spring, suspension system spring, car body and interior spring, universal spring and other spring. Its product range focuses on automotive, covering motorcycle, engineering machinery, petroleum transport and conveying, precision instrument, sport apparatus and mechanical device.

Executives

Zhang Bi Hong	Director
Zhang Zhu Jun	Directors, executives
Wang Guo Lian	Directors, executives

Zhejiang Meili High Technology Co (SZSE:300611) Headlines

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