JD Logistics (HKSE:02618) Construction In Progress : HK$1,857 Mil (As of Dec. 2023)

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What is JD Logistics Construction In Progress?

JD Logistics's quarterly construction in progress declined from Jun. 2023 (HK$616 Mil) to Sep. 2023 (HK$0 Mil) but then increased from Sep. 2023 (HK$0 Mil) to Dec. 2023 (HK$1,857 Mil).

JD Logistics's annual construction in progress increased from Dec. 2021 (HK$873 Mil) to Dec. 2022 (HK$1,340 Mil) and increased from Dec. 2022 (HK$1,340 Mil) to Dec. 2023 (HK$1,857 Mil).

JD Logistics Construction In Progress Historical Data

The historical data trend for JD Logistics'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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JD Logistics Construction In Progress Chart

JD Logistics Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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384.66

609.20

873.21

1,340.04

1,857.43

JD Logistics Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial								1,340.04	616.16	-	1,857.43	-

JD Logistics 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.

JD Logistics (HKSE:02618) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » JD Logistics Inc (HKSE:02618) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

JDLGF:USA 822:Germany

Address

No. 20 Kechuang 11 Street, 8th Floor, Building B, Yizhuang Economic and Technological Development Zone, Daxing District, Beijing, CHN, 101111

Website

https://www.jdl.cn

JD Logistics Inc, owned by leading China e-commerce company JD.com, is a technology-driven supply chain solutions and logistics services provider in China. It offers a full spectrum of supply chain solutions and logistics services, ranging from warehousing to distribution, spanning across manufacturing to end-customers, covering regular and specialized items. JDL services include formulating and executing supply chain strategies. Customers come from a wide array of industries, such as fast-moving consumer goods; or FMCG, apparel; home appliances; home furniture; computers, consumer electronics, and communications, or 3C; automotive; and fresh produce, among others.

JD Logistics (HKSE:02618) Headlines

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