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China Chunlai Education Group Co (HKSE:01969) Construction In Progress : HK$435 Mil (As of Aug. 2023)


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What is China Chunlai Education Group Co Construction In Progress?

China Chunlai Education Group Co's quarterly construction in progress declined from Aug. 2022 (HK$238 Mil) to Feb. 2023 (HK$2 Mil) but then increased from Feb. 2023 (HK$2 Mil) to Aug. 2023 (HK$435 Mil).

China Chunlai Education Group Co's annual construction in progress declined from Aug. 2021 (HK$346 Mil) to Aug. 2022 (HK$238 Mil) but then increased from Aug. 2022 (HK$238 Mil) to Aug. 2023 (HK$435 Mil).

China Chunlai Education Group Co Construction In Progress Historical Data

The historical data trend for China Chunlai Education Group 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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China Chunlai Education Group Co Construction In Progress Chart

China Chunlai Education Group Co Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only 590.03 308.24 345.67 238.07 435.26

China Chunlai Education Group Co Semi-Annual Data
Aug15 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 36.40 238.07 1.63 435.26 -

China Chunlai Education Group 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.

China Chunlai Education Group Co (HKSE:01969) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Chunlai Education Group Co Ltd (HKSE:01969) » Definitions » Construction In Progress
Comparable Companies
HKSE:02469 HKSE:00667 HKSE:09636 HKSE:01773 HKSE:01890 HKSE:01765 HKSE:02001 HKSE:00032 HKSE:00382 HKSE:02385 AIU EDU TAL HKSE:01797 ASX:IEL LOPE SZSE:002607 GHC COUR LRN
Traded in Other Exchanges
N/A
Address
No. 66, Beihai East Road, Henan Province, Shangqiu, CHN, 476000
Website
https://www.chunlaiedu.com
China Chunlai Education Group Co Ltd is an investment holding company. The company through its subsidiaries is engaged in the operation of private higher education institutions. It generates revenue from tuition fees and Boarding fees. Geographically, it derives revenue from China.
Executives
Hou Junyu 2201 Interest of corporation controlled by you
Chunlai Investment Co., Ltd. 2101 Beneficial owner
Xiang Rong International Limited 2101 Beneficial owner

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