Chieftek Precision Co (TPE:1597) Construction In Progress : NT$22 Mil (As of Mar. 2024)

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What is Chieftek Precision Co Construction In Progress?

Chieftek Precision Co's quarterly construction in progress declined from Sep. 2023 (NT$7 Mil) to Dec. 2023 (NT$7 Mil) but then increased from Dec. 2023 (NT$7 Mil) to Mar. 2024 (NT$22 Mil).

Chieftek Precision Co's annual construction in progress declined from Dec. 2021 (NT$44 Mil) to Dec. 2022 (NT$19 Mil) and declined from Dec. 2022 (NT$19 Mil) to Dec. 2023 (NT$7 Mil).

Chieftek Precision Co Construction In Progress Historical Data

The historical data trend for Chieftek Precision 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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Chieftek Precision Co Construction In Progress Chart

Chieftek Precision Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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48.47

43.51

19.26

7.38

Chieftek Precision Co Quarterly Data
	Jun19	Sep19	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															13.48	9.80	7.43	7.38	22.15

Chieftek Precision 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.

Chieftek Precision Co (TPE:1597) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chieftek Precision Co Ltd (TPE:1597) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 3, Dali 1st Road, Sourthern taiwan Science Park, Xinshi District, Tainan, TWN, 741-45

Website

http://www.chieftek.com

Chieftek Precision Co Ltd engages in the manufacture and sale of the ball and roller bearings The Company engages in the research, development, manufacture and sales of miniature linear guides, miniature ball screws, miniature linear modules, electro-optics equipment and semiconductor process equipment. It involves in manufacture of miniature linear motion components. Its products include Standard 4-Row Ball Bearing Linear Guide, Wide 4-Row Ball Bearing Linear Guide, Miniature Linear Guide, ST Miniature Stroke Slide Series, and Ironless Linear Motor. Its products are applied in the industries requiring precise positioning applications, such as precision machinery, automation equipment, various power transmission applications, semiconductor manufacturing equipment, and medical equipment.

Chieftek Precision Co (TPE:1597) Headlines

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