Hit Welding Industry Co (SZSE:301137) Construction In Progress : ¥93 Mil (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Hit Welding Industry Co Construction In Progress?

Hit Welding Industry Co's quarterly construction in progress declined from Sep. 2023 (¥100 Mil) to Dec. 2023 (¥92 Mil) but then increased from Dec. 2023 (¥92 Mil) to Mar. 2024 (¥93 Mil).

Hit Welding Industry Co's annual construction in progress increased from Dec. 2021 (¥84 Mil) to Dec. 2022 (¥99 Mil) but then declined from Dec. 2022 (¥99 Mil) to Dec. 2023 (¥92 Mil).

Hit Welding Industry Co Construction In Progress Historical Data

The historical data trend for Hit Welding Industry 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.

* Premium members only.

Hit Welding Industry Co Construction In Progress Chart

Hit Welding Industry Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

Get a 7-Day Free Trial

44.22

50.95

83.83

99.36

91.92

Hit Welding Industry Co Quarterly Data
	Dec17	Dec18	Dec19	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														99.86	76.64	100.14	91.92	92.83

Hit Welding Industry 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.

Hit Welding Industry Co (SZSE:301137) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hit Welding Industry Co Ltd (SZSE:301137) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yaoguan Town, Wujin District, Jiangsu Province, Changzhou, CHN, 213102

Website

http://www.htw.cn

Hit Welding Industry Co Ltd is engaged in research and development, production and sales of various fusion welding materials. The company manufactures metal welding wire, special electrode, welding accessories, trackless guide permanent magnet wheel crawler type all-position autonomous crawling arc welding robot, hoisting machinery equipment manufacturing, and welding equipment.

Hit Welding Industry Co (SZSE:301137) Headlines

No Headlines