TJK Machinery (Tianjin) Co (SZSE:300823) Construction In Progress : ¥124.0 Mil (As of Mar. 2024)

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What is TJK Machinery (Tianjin) Co Construction In Progress?

TJK Machinery (Tianjin) Co's quarterly construction in progress increased from Sep. 2023 (¥103.7 Mil) to Dec. 2023 (¥110.0 Mil) and increased from Dec. 2023 (¥110.0 Mil) to Mar. 2024 (¥124.0 Mil).

TJK Machinery (Tianjin) Co's annual construction in progress increased from Dec. 2021 (¥15.0 Mil) to Dec. 2022 (¥15.7 Mil) and increased from Dec. 2022 (¥15.7 Mil) to Dec. 2023 (¥110.0 Mil).

TJK Machinery (Tianjin) Co Construction In Progress Historical Data

The historical data trend for TJK Machinery (Tianjin) 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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TJK Machinery (Tianjin) Co Construction In Progress Chart

TJK Machinery (Tianjin) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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1.32

14.95

15.70

109.95

TJK Machinery (Tianjin) 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															50.46	87.16	103.68	109.95	123.95

TJK Machinery (Tianjin) 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.

TJK Machinery (Tianjin) Co (SZSE:300823) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » TJK Machinery (Tianjin) Co Ltd (SZSE:300823) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7 Wuwei Road, Lugang Logistics Equipment Industrial Park, Beichen District, Tianjin, CHN, 300408

Website

https://www.tjkmachinery.com

TJK Machinery (Tianjin) Co Ltd is engaged in the research and development, design, production and sales of high-end CNC steel bar processing equipment and provides overall solutions for CNC steel bar processing. The company's products are used in high-speed railways, highways, bridges and tunnels, rail transit, underground pipeline corridors, nuclear power, hydropower and other large-scale infrastructure construction and assembly buildings, steel processing and distribution centers and other fields.

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