Jiumaojiu International Holdings (STU:3YU) Inventories, Work In Process : €0.0 Mil (As of Dec. 2024)

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What is Jiumaojiu International Holdings Inventories, Work In Process?

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Jiumaojiu International Holdings's work in process for the quarter that ended in Dec. 2024 was €0.0 Mil.

Jiumaojiu International Holdings Inventories, Work In Process Historical Data

The historical data trend for Jiumaojiu International Holdings's Inventories, Work In Process can be seen below:

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Jiumaojiu International Holdings Inventories, Work In Process Chart

Jiumaojiu International Holdings Annual Data

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Jiumaojiu International Holdings Semi-Annual Data
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Jiumaojiu International Holdings Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

Jiumaojiu International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Jiumaojiu International Holdings Ltd (STU:3YU) » Definitions » Inventories, Work In Process

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Traded in Other Exchanges

09922:Hong Kong 3YU:Germany

Address

4 Zhujiang East Road, Zhujiang Street, Unit 202 Building 2, Jiucheng Technology Innovation Center, Nansha District, Guangzhou, CHN

Website

http://www.jiumaojiu.com

Jiumaojiu International is a Chinese multibrand restaurant operator. The firm generates most of its revenue from Tai Er, a restaurant chain that is known for its sauerkraut fish (steamed fish smothered in pickled cabbage). Established in 2015, Tai Er is immensely popular, with over 600 outlets in China at the end of 2024 and is frequented particularly by the post-1990s generation.Other key concepts include the namesake brand Jiu Mao Jiu (71 units) and Song Hotpot (80 outlets). The company's portfolio also features other brands such as Lai Mei Li (Chinese grilled fish) and Shanwaimian (Guizhou Hotpot). A large majority of Jiumaojiu's restaurants are company-owned, though the company is currently piloting a franchising business model.

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