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Yantai Jereh Oilfield Services Group Co (SZSE:002353) Construction In Progress : ¥1,197 Mil (As of Mar. 2024)


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What is Yantai Jereh Oilfield Services Group Co Construction In Progress?

Yantai Jereh Oilfield Services Group Co's quarterly construction in progress declined from Sep. 2023 (¥1,471 Mil) to Dec. 2023 (¥1,086 Mil) but then increased from Dec. 2023 (¥1,086 Mil) to Mar. 2024 (¥1,197 Mil).

Yantai Jereh Oilfield Services Group Co's annual construction in progress increased from Dec. 2021 (¥157 Mil) to Dec. 2022 (¥1,231 Mil) but then declined from Dec. 2022 (¥1,231 Mil) to Dec. 2023 (¥1,086 Mil).


Yantai Jereh Oilfield Services Group Co Construction In Progress Historical Data

The historical data trend for Yantai Jereh Oilfield Services Group Co'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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Yantai Jereh Oilfield Services Group Co Construction In Progress Chart

Yantai Jereh Oilfield Services Group Co 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 340.20 135.29 157.13 1,230.97 1,085.57

Yantai Jereh Oilfield Services Group Co 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 1,263.06 1,370.02 1,470.96 1,085.57 1,196.86

Yantai Jereh Oilfield Services Group Co 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.


Yantai Jereh Oilfield Services Group Co (SZSE:002353) Business Description

Traded in Other Exchanges
N/A
Address
No 7,Aucma Street, Laishan District, Shandong Province, Yantai, CHN, 264003
Yantai Jereh Oilfield Services Group Co Ltd is a China-based company engaged in the manufacturing of oilfield equipment and the provision of oilfield services. It is engaged in drilling equipment and oil & gas field engineering equipment manufacturing, equipment maintenance and accessories sales, oil field engineering technology services, as well as oil & gas field construction services. The company conducts its businesses within domestic and overseas markets.
Executives
Lu Wei Executives
Li Zhi Yong Executives
Li Hui Tao Director
Liu Zhen Feng Director
Sun Wei Jie Director
Wang Kun Xiao Director
Dong Ting Ting Supervisors
Wang Ji Li Director
Liu Dong Director
Li Xue Feng Executives
Liu Yu Qiao Supervisors
Cheng Yong Feng Secretary Dong
Hu Wen Guo Supervisors
Yu Xi Mao Independent director
Yan Yu Li Executives

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