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CRRC (HKSE:01766) Construction In Progress : HK$5,154 Mil (As of Mar. 2024)


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What is CRRC Construction In Progress?

CRRC's quarterly construction in progress declined from Sep. 2023 (HK$5,111 Mil) to Dec. 2023 (HK$4,943 Mil) but then increased from Dec. 2023 (HK$4,943 Mil) to Mar. 2024 (HK$5,154 Mil).

CRRC's annual construction in progress declined from Dec. 2021 (HK$7,727 Mil) to Dec. 2022 (HK$4,591 Mil) but then increased from Dec. 2022 (HK$4,591 Mil) to Dec. 2023 (HK$4,943 Mil).

CRRC Construction In Progress Historical Data

The historical data trend for CRRC'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.

* Premium members only.

CRRC Construction In Progress Chart

CRRC 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 8,060.60 10,283.82 7,726.84 4,591.48 4,942.74

CRRC 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 5,102.95 4,942.75 5,110.53 4,942.74 5,153.66

CRRC 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.

CRRC (HKSE:01766) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CRRC Corp Ltd (HKSE:01766) » Definitions » Construction In Progress
Comparable Companies
HKSE:00066 HKSE:03898 HKSE:03969 HKSE:02169 HKSE:00062 HKSE:01596 HKSE:01786 HKSE:00306 HKSE:00077 UNP TSX:CNR TSX:CP CSX NSC SHSE:601816 TSE:9022 TSE:9020 WAB SHSE:601006 TSE:9021
Traded in Other Exchanges
CRCCY:USA C2L:Germany 601766:China
Address
No. 16-5, Central West Fourth Ring Road, Haidian District, Beijing, CHN, 100036
Website
https://www.crrcgc.cc
CRRC Corp Ltd manufactures products which are used for transportation through railroads. Its product portfolio includes rolling stock, rail transit vehicles, engineering machinery, electrical equipment and related parts, and environmental protection products. The company also engages in allied activities like refurbishment, leasing, technical support to clients, investment, and management, as well as import and export business. Its business operations are spread across Mainland China which derives the highest revenue, and a few other countries.
Executives
Blackrock, Inc. 2201 Interest of corporation controlled by you

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