Soltec Power Holdings (XMAD:SOL) Construction In Progress : €8.9 Mil (As of Jun. 2023)

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What is Soltec Power Holdings Construction In Progress?

Soltec Power Holdings's quarterly construction in progress declined from Jun. 2022 (€141.0 Mil) to Dec. 2022 (€80.2 Mil) and declined from Dec. 2022 (€80.2 Mil) to Jun. 2023 (€8.9 Mil).

Soltec Power Holdings's annual construction in progress increased from Dec. 2020 (€0.6 Mil) to Dec. 2021 (€87.9 Mil) but then declined from Dec. 2021 (€87.9 Mil) to Dec. 2022 (€80.2 Mil).

Soltec Power Holdings Construction In Progress Historical Data

The historical data trend for Soltec Power 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.

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Soltec Power Holdings Construction In Progress Chart

Soltec Power Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Construction In Progress

0.64

87.87

80.22

Soltec Power Holdings Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Construction In Progress	Get a 7-Day Free Trial			4.73	87.87	140.98	80.22	8.87

Soltec Power 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.

Soltec Power Holdings (XMAD:SOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Soltec Power Holdings SA (XMAD:SOL) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

0AC5:UK 5PZ:Germany

Address

Gabriel Campillo Street, Poligono Industrial la Serreta s/n, Molina de Segura, Murcia, ESP, 30500

Website

http://www.soltecpowerholdings.com

Soltec Power Holdings SA is specialized in providing integrated solutions in solar PV energy. The company designs, manufactures and installs solar tracking systems and develops solar power projects. Its business is divided into industrial (trackers and construction services) business line, which is also referred to as Soltec Industrial, and project development business line, which is also referred to as Powertis. It offers a portfolio of solar trackers, including the SF8 and SF7 single-axis trackers, the SF8 and SF7 bi-facial trackers and the SF7 Tandem.