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Sineng Electric Co (SZSE:300827) Construction In Progress : ¥29 Mil (As of Mar. 2024)


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What is Sineng Electric Co Construction In Progress?

Sineng Electric Co's quarterly construction in progress increased from Sep. 2023 (¥1 Mil) to Dec. 2023 (¥18 Mil) and increased from Dec. 2023 (¥18 Mil) to Mar. 2024 (¥29 Mil).

Sineng Electric Co's annual construction in progress declined from Dec. 2021 (¥0 Mil) to Dec. 2022 (¥0 Mil) but then increased from Dec. 2022 (¥0 Mil) to Dec. 2023 (¥18 Mil).


Sineng Electric Co Construction In Progress Historical Data

The historical data trend for Sineng Electric 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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Sineng Electric Co Construction In Progress Chart

Sineng Electric Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 33.05 0.41 - 18.47

Sineng Electric 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 1.31 18.47 28.85

Sineng Electric 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.


Sineng Electric Co (SZSE:300827) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Hehui Road, Huishan District, Jiangsu Province, Wuxi, CHN, 214174
Sineng Electric Co Ltd is engaged in production and sales of power electronic equipment. The company is deeply involved in the field of power electronics energy conversion and control, providing users with products and solutions such as photovoltaic grid-connected inversion, photovoltaic power station operation and maintenance, photovoltaic power station development, power quality control, and energy storage bidirectional conversion. Its business covers the entire power generation, supply and distribution, and electricity consumption systems, and it is a leading equipment manufacturer and solution provider in related industries.
Executives
Chen Gan Feng Directors, executives
Duan Yu He Directors, executives
Li Jian Fei Directors, executives
Zhao Long Supervisors

Sineng Electric Co (SZSE:300827) Headlines

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