Impro Precision Industries (HKSE:01286) Construction In Progress : HK$760 Mil (As of Dec. 2023)

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What is Impro Precision Industries Construction In Progress?

Impro Precision Industries's quarterly construction in progress declined from Dec. 2022 (HK$836 Mil) to Jun. 2023 (HK$75 Mil) but then increased from Jun. 2023 (HK$75 Mil) to Dec. 2023 (HK$760 Mil).

Impro Precision Industries's annual construction in progress declined from Dec. 2021 (HK$1,105 Mil) to Dec. 2022 (HK$836 Mil) and declined from Dec. 2022 (HK$836 Mil) to Dec. 2023 (HK$760 Mil).

Impro Precision Industries Construction In Progress Historical Data

The historical data trend for Impro Precision Industries'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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Impro Precision Industries Construction In Progress Chart

Impro Precision Industries Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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191.93

434.28

1,105.18

835.70

760.21

Impro Precision Industries Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial									1,105.18	52.51	835.70	75.26	760.21

Impro Precision Industries 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.

Impro Precision Industries (HKSE:01286) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Impro Precision Industries Ltd (HKSE:01286) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

7IP:Germany

Address

6-8 Harbour Road, Unit 803, Shui On Centre, Wanchai, Hong Kong, HKG

Website

https://www.improprecision.com

Impro Precision Industries Ltd is an investment holding company. It operates in four segments: Investment casting, Precision machining and others, Sand casting, and Surface Treatment. The products and services offered are widely applied to various end-markets, including passenger cars, commercial vehicles, high horsepower engines, hydraulic equipment, construction equipment, agricultural equipment, recreational boats and vehicles, aerospace, and medical. Its geographical segments are the Americas, Europe, and Asia, of which key revenue is generated from the Americas.

Impro Precision Industries (HKSE:01286) Headlines

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