CRCC High-Tech Equipment (HKSE:01786) Construction In Progress : HK$19 Mil (As of Dec. 2023)

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What is CRCC High-Tech Equipment Construction In Progress?

CRCC High-Tech Equipment's quarterly construction in progress declined from Dec. 2022 (HK$61 Mil) to Jun. 2023 (HK$4 Mil) but then increased from Jun. 2023 (HK$4 Mil) to Dec. 2023 (HK$19 Mil).

CRCC High-Tech Equipment's annual construction in progress declined from Dec. 2021 (HK$92 Mil) to Dec. 2022 (HK$61 Mil) and declined from Dec. 2022 (HK$61 Mil) to Dec. 2023 (HK$19 Mil).

CRCC High-Tech Equipment Construction In Progress Historical Data

The historical data trend for CRCC High-Tech Equipment'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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CRCC High-Tech Equipment Construction In Progress Chart

CRCC High-Tech Equipment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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183.16

198.17

91.73

61.49

19.08

CRCC High-Tech Equipment Semi-Annual Data
	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														91.73	87.33	61.49	3.80	19.08

CRCC High-Tech Equipment 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.

CRCC High-Tech Equipment (HKSE:01786) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CRCC High-Tech Equipment Corporation Ltd (HKSE:01786) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 384, Yangfangwang, Jinma Town, Yunnan Province, Kunming, CHN

Website

http://www.crcce.com.cn

CRCC High-Tech Equipment Corporation Ltd is engaged in the manufacture of products in the large-scale railway track maintenance machinery industry and the provision of related services. Its revenues are generated from manufacturing and sales of machines, parts, components sales and services, overhaul services, and railway line maintenance services. Geographically, the majority of its revenue derives from China.

CRCC High-Tech Equipment (HKSE:01786) Headlines

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