Guangdong Aofei Data Technology Co (SZSE:300738) Construction In Progress : ¥1,219 Mil (As of Mar. 2024)

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What is Guangdong Aofei Data Technology Co Construction In Progress?

Guangdong Aofei Data Technology Co's quarterly construction in progress declined from Sep. 2023 (¥1,666 Mil) to Dec. 2023 (¥992 Mil) but then increased from Dec. 2023 (¥992 Mil) to Mar. 2024 (¥1,219 Mil).

Guangdong Aofei Data Technology Co's annual construction in progress increased from Dec. 2021 (¥1,333 Mil) to Dec. 2022 (¥2,499 Mil) but then declined from Dec. 2022 (¥2,499 Mil) to Dec. 2023 (¥992 Mil).

Guangdong Aofei Data Technology Co Construction In Progress Historical Data

The historical data trend for Guangdong Aofei Data 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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Guangdong Aofei Data Technology Co Construction In Progress Chart

Guangdong Aofei Data Technology Co Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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103.48

47.86

1,332.98

2,498.76

992.20

Guangdong Aofei Data 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															1,788.78	2,005.80	1,665.74	992.20	1,219.41

Guangdong Aofei Data 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.

Guangdong Aofei Data Technology Co (SZSE:300738) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Guangdong Aofei Data Technology Co Ltd (SZSE:300738) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 80, Room 421, Nansha District, Guangdong, Guangzhou, CHN, 510630

Website

http://www.ofidc.com

Guangdong Aofei Data Technology Co Ltd is an information technology company. It is a professional data center business operators and integrated communications operators. The company's services include data center services, disaster recovery, remote sites and other internet value-added services and products along with server hosting, server rent and BGP access service.

Executives

Tang Zhong Liang	Directors, executives
Gong Yun Feng	Executives

Guangdong Aofei Data Technology Co (SZSE:300738) Headlines

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