Xinte Energy Co (HKSE:01799) Construction In Progress : HK$5,786 Mil (As of Dec. 2023)

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What is Xinte Energy Co Construction In Progress?

Xinte Energy Co's quarterly construction in progress declined from Dec. 2022 (HK$15,174 Mil) to Jun. 2023 (HK$14,887 Mil) and declined from Jun. 2023 (HK$14,887 Mil) to Dec. 2023 (HK$5,786 Mil).

Xinte Energy Co's annual construction in progress increased from Dec. 2021 (HK$7,116 Mil) to Dec. 2022 (HK$15,174 Mil) but then declined from Dec. 2022 (HK$15,174 Mil) to Dec. 2023 (HK$5,786 Mil).

Xinte Energy Co Construction In Progress Historical Data

The historical data trend for Xinte Energy 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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Xinte Energy Co Construction In Progress Chart

Xinte Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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10,615.87

10,679.05

7,116.28

15,174.38

5,786.40

Xinte Energy Co 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														7,116.28	12,963.08	15,174.38	14,887.32	5,786.40

Xinte Energy 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.

Xinte Energy Co (HKSE:01799) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Xinte Energy Co Ltd (HKSE:01799) » Definitions » Construction In Progress

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Traded in Other Exchanges

9M7:Germany

Address

No. 2249, Zhongxin Street, Ganquanpu Economic and Technological Development Zone, Xinjiang, Urumqi, CHN

Website

https://www.xinteenergy.com

Xinte Energy Co Ltd is engaged in the manufacturing of solar-grade polysilicon and photovoltaic project developers. It operates in four segments: Polysilicon, Construction of wind power & PV power plants, Operation of wind power & PV power plants, and Others. Other segments mainly comprise businesses including manufacturing and sales of the inverter, flexible direct current transmission converter valve, SVG, and other miscellaneous services. Business activity functions in the region of China.

Xinte Energy Co (HKSE:01799) Headlines

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