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VSA (TCTM Kids IT Education) Construction In Progress : $0.6 Mil (As of Jun. 2024)


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What is TCTM Kids IT Education Construction In Progress?

TCTM Kids IT Education's quarterly construction in progress increased from Jun. 2023 ($0.0 Mil) to Dec. 2023 ($0.4 Mil) and increased from Dec. 2023 ($0.4 Mil) to Jun. 2024 ($0.6 Mil).

TCTM Kids IT Education's annual construction in progress declined from Dec. 2021 ($1.3 Mil) to Dec. 2022 ($0.3 Mil) but then increased from Dec. 2022 ($0.3 Mil) to Dec. 2023 ($0.4 Mil).

TCTM Kids IT Education Construction In Progress Historical Data

The historical data trend for TCTM Kids IT Education'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.

TCTM Kids IT Education Construction In Progress Chart

TCTM Kids IT Education 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 2.07 1.57 1.33 0.35 0.40

TCTM Kids IT Education Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Jun24
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 0.35 - - 0.40 0.60

TCTM Kids IT Education 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.

TCTM Kids IT Education Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » TCTM Kids IT Education Inc (NAS:VSA) » Definitions » Construction In Progress
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Traded in Other Exchanges
0T8B:Germany 0T8B:Germany
Address
No. 1 Andingmenwai Street, 6th Floor, Litchi Tower, Chaoyang District, Beijing, CHN, 100011
Website
https://www.tedu.cn
TCTM Kids IT Education Inc engages in the provision of IT-focused education services in Mainland China. The company has a single reportable segment: IT-focused Supplementary STEM Education Services. It offers supplementary science, technology, engineering, and mathematics (STEM) education programs to young children aged between three and eighteen through online teaching models and instructors from online or offline learning centers. The company also operates an education platform that offers distance instruction, classroom-based learning, and online learning modules.