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Gourmet Master Co (TPE:2723) Construction In Progress : NT$196 Mil (As of Mar. 2024)


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What is Gourmet Master Co Construction In Progress?

Gourmet Master Co's quarterly construction in progress declined from Sep. 2023 (NT$176 Mil) to Dec. 2023 (NT$148 Mil) but then increased from Dec. 2023 (NT$148 Mil) to Mar. 2024 (NT$196 Mil).

Gourmet Master Co's annual construction in progress declined from Dec. 2021 (NT$488 Mil) to Dec. 2022 (NT$267 Mil) and declined from Dec. 2022 (NT$267 Mil) to Dec. 2023 (NT$148 Mil).

Gourmet Master Co Construction In Progress Historical Data

The historical data trend for Gourmet Master 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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Gourmet Master Co Construction In Progress Chart

Gourmet Master Co 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 - 224.62 487.82 266.61 148.17

Gourmet Master 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 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 242.61 261.43 176.33 148.17 196.29

Gourmet Master 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.

Gourmet Master Co (TPE:2723) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Gourmet Master Co Ltd (TPE:2723) » Definitions » Construction In Progress
Comparable Companies
TPE:2727 TPE:2753 ROCO:2729 ROCO:2752 ROCO:1268 ROCO:2754 ROCO:2755 ROCO:2758 ROCO:1269 ROCO:1259 MCD SBUX CMG LSE:CPG YUM TSX:QSP.UN YUMC TSX:QSR DRI HKSE:06862
Traded in Other Exchanges
N/A
Address
No. 35, 23rd, Nantun District, Taichung, TWN
Website
https://www.85cafe.com
Gourmet Master Co Ltd operates a chain of cafe stores under the brand 85 Degrees Daily Cafe. Its branch footprints spread across the urban areas of Taiwan, Mainland China, and Hong Kong. The company also owns a few stores in the United States and Australia. The company is mainly engaged in the production and distribution of beverages, including coffee, tea, milk tea, and cold drinks, as well as bakery products such as cakes, bread, and Western-style desserts. Gourmet Master also engages in the retailing of packaged desserts, instant coffee, imported coffee beans, and gift boxes, as well as wholesale bakery machinery.

Gourmet Master Co (TPE:2723) Headlines

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