Hua Hong Semiconductor (HKSE:01347) Construction In Progress : HK$5,977 Mil (As of Dec. 2023)

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What is Hua Hong Semiconductor Construction In Progress?

Hua Hong Semiconductor's quarterly construction in progress stayed the same from Jun. 2023 (HK$0 Mil) to Sep. 2023 (HK$0 Mil) but then increased from Sep. 2023 (HK$0 Mil) to Dec. 2023 (HK$5,977 Mil).

Hua Hong Semiconductor's annual construction in progress increased from Dec. 2021 (HK$1,972 Mil) to Dec. 2022 (HK$5,476 Mil) and increased from Dec. 2022 (HK$5,476 Mil) to Dec. 2023 (HK$5,977 Mil).

Hua Hong Semiconductor Construction In Progress Historical Data

The historical data trend for Hua Hong Semiconductor'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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Hua Hong Semiconductor Construction In Progress Chart

Hua Hong Semiconductor Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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3,288.11

6,766.28

1,972.38

5,475.70

5,977.36

Hua Hong Semiconductor Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															-	5,475.70	-	-	5,977.36

Hua Hong Semiconductor 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.

Hua Hong Semiconductor (HKSE:01347) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Hua Hong Semiconductor Ltd (HKSE:01347) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

1HH:Germany 688347:China

Address

288 Halei Road, Zhangjiang Hi-Tech Park, Shanghai, CHN, 201203

Website

https://www.huahonggrace.com

Hua Hong Semiconductor, or Hua Hong, is the second-largest Chinese foundry and the seventh-largest globally. Its current form is a result of an intragroup restructuring completed in 2013. Hua Hong is headquartered in Shanghai with another plant in Wuxi, China, and has sales offices in Japan, Taiwan and the U.S. It employs more than 6,700 employees. Hua Hong's products are used on smartphones, PCs, for the Internet of Things, data centers, and for automotive and industrial purposes, and so on, but it focuses on more mature process technologies.

Executives

Shanghai Hua Hong International, Inc.
Shanghai Huahong (group) Co., Ltd.
Shanghai Alliance Investment Ltd
Sino-alliance International, Ltd.
Xin Xin Xiang Gang Tou Zi You Xian Gong Si	2101 Beneficial owner
Guo Jia Ji Cheng Dian Lu Chan Ye Tou Zi Ji Jin Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Xun Xin Shang Hai Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you

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