SINOPEC Engineering (Group) Co (HKSE:02386) Construction In Progress : HK$624 Mil (As of Dec. 2023)

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What is SINOPEC Engineering (Group) Co Construction In Progress?

SINOPEC Engineering (Group) Co's quarterly construction in progress increased from Dec. 2022 (HK$683 Mil) to Jun. 2023 (HK$745 Mil) but then declined from Jun. 2023 (HK$745 Mil) to Dec. 2023 (HK$624 Mil).

SINOPEC Engineering (Group) Co's annual construction in progress declined from Dec. 2021 (HK$696 Mil) to Dec. 2022 (HK$683 Mil) and declined from Dec. 2022 (HK$683 Mil) to Dec. 2023 (HK$624 Mil).

SINOPEC Engineering (Group) Co Construction In Progress Historical Data

The historical data trend for SINOPEC Engineering (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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SINOPEC Engineering (Group) Co Construction In Progress Chart

SINOPEC Engineering (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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577.51

821.03

696.16

682.60

623.86

SINOPEC Engineering (Group) Co 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															696.16	729.33	682.60	745.15	623.86

SINOPEC Engineering (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.

SINOPEC Engineering (Group) Co (HKSE:02386) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » SINOPEC Engineering (Group) Co Ltd (HKSE:02386) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

SENGF:USA

Address

Shenggu Middle Road, No. 8 Building, Shenggu Home, Chaoyang District, Beijing, CHN, 100029

Website

http://www.segroup.cn

SINOPEC Engineering (Group) Co Ltd is a wholly owned subsidiary of the Sinopec Group, a Chinese company. The group provides integrated engineering services and technical patents for domestic and international refining and chemical engineering businesses. The group mainly contains four segments: engineering, consulting and licensing; engineering, procurement and construction (EPC) contracting; construction; and equipment manufacturing. The company generates most of its revenue from the EPC contracting segment. Geographically, the business presence of the group is primarily seen in China, Malaysia, Kuwait, and Saudi Arabia.

Executives

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