China ZhengTong Auto Services Holdings (HKSE:01728) Construction In Progress : HK$2,592 Mil (As of Dec. 2023)

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What is China ZhengTong Auto Services Holdings Construction In Progress?

China ZhengTong Auto Services Holdings's quarterly construction in progress declined from Dec. 2022 (HK$2,395 Mil) to Jun. 2023 (HK$0 Mil) but then increased from Jun. 2023 (HK$0 Mil) to Dec. 2023 (HK$2,592 Mil).

China ZhengTong Auto Services Holdings's annual construction in progress increased from Dec. 2021 (HK$2,165 Mil) to Dec. 2022 (HK$2,395 Mil) and increased from Dec. 2022 (HK$2,395 Mil) to Dec. 2023 (HK$2,592 Mil).

China ZhengTong Auto Services Holdings Construction In Progress Historical Data

The historical data trend for China ZhengTong Auto Services Holdings'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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China ZhengTong Auto Services Holdings Construction In Progress Chart

China ZhengTong Auto Services Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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2,301.01

2,133.06

2,165.13

2,394.81

2,591.67

China ZhengTong Auto Services Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															2,165.13	-	2,394.81	-	2,591.67

China ZhengTong Auto Services Holdings 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.

China ZhengTong Auto Services Holdings (HKSE:01728) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » China ZhengTong Auto Services Holdings Ltd (HKSE:01728) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

ZA0:Germany

Address

No. 59, West Third-Ring South Road, Baoze Plaza, Beijing, CHN

Website

http://www.zhengtongauto.com

China ZhengTong Auto Services Holdings Ltd is a China-based investment holding company principally engaged in the sales of passenger motor vehicles, including luxury and ultra-luxury branded automobiles. The Company operates its business through four segments. The 4S Dealership Business segment is engaged in the sales of motor vehicles and motor spare parts and the provision of maintenance services. The Logistics Business segment is engaged in the provision of motor-related logistics services. The Lubricant Oil Business segment is engaged in the trading of lubricant oil. The Financial Services Business segment is engaged in the provision of financial services to auto customers and dealers.

China ZhengTong Auto Services Holdings (HKSE:01728) Headlines

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