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Qingdao Richmat Intelligence Technology (SZSE:301320) Construction In Progress : ¥37.0 Mil (As of Mar. 2024)


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What is Qingdao Richmat Intelligence Technology Construction In Progress?

Qingdao Richmat Intelligence Technology's quarterly construction in progress increased from Sep. 2023 (¥17.9 Mil) to Dec. 2023 (¥34.3 Mil) and increased from Dec. 2023 (¥34.3 Mil) to Mar. 2024 (¥37.0 Mil).

Qingdao Richmat Intelligence Technology's annual construction in progress increased from Dec. 2021 (¥0.0 Mil) to Dec. 2022 (¥50.8 Mil) but then declined from Dec. 2022 (¥50.8 Mil) to Dec. 2023 (¥34.3 Mil).


Qingdao Richmat Intelligence Technology Construction In Progress Historical Data

The historical data trend for Qingdao Richmat Intelligence Technology'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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Qingdao Richmat Intelligence Technology Construction In Progress Chart

Qingdao Richmat Intelligence Technology Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial 45.79 1.07 - 50.77 34.31

Qingdao Richmat Intelligence Technology Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 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 2.81 3.16 17.89 34.31 37.01

Qingdao Richmat Intelligence Technology 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.


Qingdao Richmat Intelligence Technology (SZSE:301320) Business Description

Traded in Other Exchanges
N/A
Address
No. 78, Kongquehe 4th Road, Qingdao Garment Industrial Park, Jimo District, Shandong Province, Qingdao, CHN, 266200
Qingdao Richmat Intelligence Technology Inc is engaged in Research and development, production and sales of intelligent linear drive system products. its products include: Linear actuator Dual actuator, Lifting column, Control box, Handset, and Massage motor.

Qingdao Richmat Intelligence Technology (SZSE:301320) Headlines

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