TH International (TH International) Construction In Progress : $0.0 Mil (As of Mar. 2024)

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What is TH International Construction In Progress?

TH International's quarterly construction in progress increased from Sep. 2023 ($0.0 Mil) to Dec. 2023 ($0.8 Mil) but then declined from Dec. 2023 ($0.8 Mil) to Mar. 2024 ($0.0 Mil).

TH International's annual construction in progress increased from Dec. 2021 ($2.5 Mil) to Dec. 2022 ($3.3 Mil) but then declined from Dec. 2022 ($3.3 Mil) to Dec. 2023 ($0.8 Mil).

TH International Construction In Progress Historical Data

The historical data trend for TH International'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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TH International Construction In Progress Chart

TH International Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

0.73

2.47

3.30

0.84

TH International Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial									-	-	-	0.84	-

TH International 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.

TH International (TH International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » TH International Ltd (NAS:THCH) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

227 Huangpi North Road, 2501 Central Plaza, Shanghai, CHN, 200003

Website

https://www.timschina.com

TH International Ltd is the parent company of the franchise of Tim Hortons coffee shops for Restaurant Brands International Inc. It is an emerging coffee champion in China. It builds coffee and bake shop in mainland China. Through its Tim Hortons brand, the firm offers freshly brewed coffee, tea, and other beverages, bakery & sides, and sandwiches. The Company's revenue is derived from operations in the PRC.