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Huaxi Holdings Co (HKSE:01689) Construction In Progress : HK$5.8 Mil (As of Dec. 2023)


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What is Huaxi Holdings Co Construction In Progress?

Huaxi Holdings Co's quarterly construction in progress increased from Dec. 2022 (HK$2.4 Mil) to Jun. 2023 (HK$6.4 Mil) but then declined from Jun. 2023 (HK$6.4 Mil) to Dec. 2023 (HK$5.8 Mil).

Huaxi Holdings Co's annual construction in progress declined from Dec. 2021 (HK$3.0 Mil) to Dec. 2022 (HK$2.4 Mil) but then increased from Dec. 2022 (HK$2.4 Mil) to Dec. 2023 (HK$5.8 Mil).


Huaxi Holdings Co Construction In Progress Historical Data

The historical data trend for Huaxi Holdings 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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Huaxi Holdings Co Construction In Progress Chart

Huaxi Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.00 2.37 5.77

Huaxi Holdings Co Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 3.00 45.68 2.37 6.39 5.77

Huaxi Holdings 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.


Huaxi Holdings Co (HKSE:01689) Business Description

Traded in Other Exchanges
N/A
Address
No. 4 Wanji North Street, Wanji Industrial District, Guangdong Province, Shantou, CHN
Huaxi Holdings Co Ltd is an investment holding company principally engaged in the manufacture and sale of packaging materials for a cigarette in China. It has two reportable segments: Cigarette Packaging Business and Environmental Treatment Business. The products of the group include tipping papers, inner frame aluminum papers, inner laser paper, cigarette box frame paper, and cigarette trademark labels. Geographically all the activities functioned through China, and generate a vast majority of its revenues from the cigarette packaging business.

Huaxi Holdings Co (HKSE:01689) Headlines

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