BOC Aviation (HKSE:02588) Construction In Progress : HK$13,220 Mil (As of Dec. 2023)

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What is BOC Aviation Construction In Progress?

BOC Aviation's quarterly construction in progress increased from Dec. 2022 (HK$11,714 Mil) to Jun. 2023 (HK$13,880 Mil) but then declined from Jun. 2023 (HK$13,880 Mil) to Dec. 2023 (HK$13,220 Mil).

BOC Aviation's annual construction in progress declined from Dec. 2021 (HK$21,196 Mil) to Dec. 2022 (HK$11,714 Mil) but then increased from Dec. 2022 (HK$11,714 Mil) to Dec. 2023 (HK$13,220 Mil).

BOC Aviation Construction In Progress Historical Data

The historical data trend for BOC Aviation'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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BOC Aviation Construction In Progress Chart

BOC Aviation Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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19,939.44

25,582.28

21,195.84

11,714.05

13,220.04

BOC Aviation Semi-Annual Data
	Dec13	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															21,195.84	16,803.10	11,714.05	13,880.21	13,220.04

BOC Aviation 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.

BOC Aviation (HKSE:02588) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » BOC Aviation Ltd (HKSE:02588) » Definitions » Construction In Progress

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BCVVF:USA

Address

79 Robinson Road, No. 15-01, Singapore, SGP, 068897

Website

https://www.bocaviation.com

BOC Aviation is the world's fifth-largest aircraft leasing company by net book value of owned aircraft, with a portfolio of more than 600 commercial passenger and cargo aircraft. The company was founded in 1993 in Singapore as a joint venture between Singapore Airlines and U.S.-based Boullioun Aviation Services. In 2006, the company was acquired by the Bank of China and took on its current name. Listed on the Stock Exchange of Hong Kong in 2016, BOC Aviation remains headquartered in Singapore, but has operations in Dublin, London, New York, and Tianjin. Bank of China remains its largest shareholder with a 70% stake. BOC Aviation has an international management team with its key leaders having more than 30 years of experience in the aircraft and leasing business.

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