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Sercomm (TPE:5388) Construction In Progress : NT$140 Mil (As of Mar. 2024)


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What is Sercomm Construction In Progress?

Sercomm's quarterly construction in progress declined from Sep. 2023 (NT$159 Mil) to Dec. 2023 (NT$149 Mil) and declined from Dec. 2023 (NT$149 Mil) to Mar. 2024 (NT$140 Mil).

Sercomm's annual construction in progress declined from Dec. 2021 (NT$745 Mil) to Dec. 2022 (NT$140 Mil) but then increased from Dec. 2022 (NT$140 Mil) to Dec. 2023 (NT$149 Mil).


Sercomm Construction In Progress Historical Data

The historical data trend for Sercomm'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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Sercomm Construction In Progress Chart

Sercomm 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 - 522.26 745.35 140.15 149.09

Sercomm 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 155.11 155.40 159.12 149.09 139.54

Sercomm 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.


Sercomm (TPE:5388) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 3-1, YuanQu Street (Nankang Software Park), 8th Floor, Nan Kang, Taipei, TWN, 115
Sercomm Corporation is a provider of broadband networking software. The Company is primarily engaged in research and development, manufacturing and sales of networking communication software and equipment. Its mainstream products include Fixed mobile convergence products, Enterprise, Home gateway, IoT Solutions and Others. The firm has research centers in Taiwan and China and owns patented technologies.

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