Shandong Kaisheng New Materials Co (SZSE:301069) Construction In Progress : ¥136.1 Mil (As of Mar. 2024)

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What is Shandong Kaisheng New Materials Co Construction In Progress?

Shandong Kaisheng New Materials Co's quarterly construction in progress increased from Sep. 2023 (¥102.8 Mil) to Dec. 2023 (¥119.7 Mil) and increased from Dec. 2023 (¥119.7 Mil) to Mar. 2024 (¥136.1 Mil).

Shandong Kaisheng New Materials Co's annual construction in progress increased from Dec. 2021 (¥116.8 Mil) to Dec. 2022 (¥347.4 Mil) but then declined from Dec. 2022 (¥347.4 Mil) to Dec. 2023 (¥119.7 Mil).

Shandong Kaisheng New Materials Co Construction In Progress Historical Data

The historical data trend for Shandong Kaisheng New Materials 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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Shandong Kaisheng New Materials Co Construction In Progress Chart

Shandong Kaisheng New Materials Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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26.04

58.95

116.82

347.39

119.68

Shandong Kaisheng New Materials Co Quarterly Data
	Dec18	Jun19	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															147.89	172.25	102.84	119.68	136.11

Shandong Kaisheng New Materials 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.

Shandong Kaisheng New Materials Co (SZSE:301069) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shandong Kaisheng New Materials Co Ltd (SZSE:301069) » Definitions » Construction In Progress

Traded in Other Exchanges

N/A

Address

Eeast of Zhangbo Highway, Shuangyang Town, Zichuan District, Shandong Province, Zibo, CHN, 255185

Website

http://www.ksxc.cn

Shandong Kaisheng New Materials Co Ltd is engaged in the research and development, production and sales of fine chemical products and new polymer materials.

Shandong Kaisheng New Materials Co (SZSE:301069) Headlines

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