WXT (Wuxin Technology Holdings) Construction In Progress: $0.11 Mil (As of Dec. 2021)


What is Wuxin Technology Holdings Construction In Progress?

Wuxin Technology Holdings WXT Construction In Progress is $0.11 Mil as of Dec. 2021.

Wuxin Technology Holdings's quarterly construction in progress stayed the same from Dec. 2020 ($0.00 Mil) to Jun. 2021 ($0.00 Mil) but then increased from Jun. 2021 ($0.00 Mil) to Dec. 2021 ($0.11 Mil).

Wuxin Technology Holdings Construction In Progress Historical Data

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The historical data trend for Wuxin Technology Holdings'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.

Wuxin Technology Holdings Construction In Progress Chart

Wuxin Technology Holdings Annual Data
Trend Jun20 Jun21
Construction In Progress
0.00 0.00

Wuxin Technology Holdings Quarterly Data
Jun20 Dec20 Jun21 Dec21
Construction In Progress 0.00 0.00 0.00 0.11

Wuxin Technology Holdings 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.

What does a Construction In Progress of $0.11 Mil mean?
Wuxin Technology Holdings (WXT) has a Construction In Progress of $0.11 Mil as of Dec. 2021. Construction in Progress records the amount of construction work that is not complete. View historical data on Wuxin Technology Holdings and its competitors.
Is Wuxin Technology Holdings' Construction In Progress too high?
Wuxin Technology Holdings' current Construction In Progress is $0.11 Mil.
How does Wuxin Technology Holdings' Construction In Progress compare to ?
Wuxin Technology Holdings' Construction In Progress of $0.11 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Hardware company?
A good Construction In Progress depends on the Hardware industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Wuxin Technology Holdings and its competitors. Wuxin Technology Holdings's current Construction In Progress is $0.11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wuxin Technology Holdings stock overvalued right now?
Wuxin Technology Holdings (WXT) has a current Construction In Progress of $0.11 Mil. The current Construction In Progress is $0.11 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Wuxin Technology Holdings (WXT), the current Construction In Progress is $0.11 Mil as of Dec. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Wuxin Technology Holdings Business Description

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Address No. 2 Qiongyu Road, Nanshan District, Tefa Information and Technology Plaza, Floor 15, Shenzhen, CHN, 518052
Wuxin Technology Holdings Inc is engaged in providing Internet of Things connectivity solutions. The company has developed an ant delete center (ADC) protocol, which is a wireless, decentralized, and ad hoc protocol derived from the foraging principle of ant colonies, and allows an IoT network of numerous nodes to efficiently detect the shortest path of data transmission and decentralize the control.