Perennial Energy Holdings (HKSE:02798) Construction In Progress : HK$103 Mil (As of Dec. 2023)

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What is Perennial Energy Holdings Construction In Progress?

Perennial Energy Holdings's quarterly construction in progress declined from Dec. 2022 (HK$107 Mil) to Jun. 2023 (HK$0 Mil) but then increased from Jun. 2023 (HK$0 Mil) to Dec. 2023 (HK$103 Mil).

Perennial Energy Holdings's annual construction in progress declined from Dec. 2021 (HK$194 Mil) to Dec. 2022 (HK$107 Mil) and declined from Dec. 2022 (HK$107 Mil) to Dec. 2023 (HK$103 Mil).

Perennial Energy Holdings Construction In Progress Historical Data

The historical data trend for Perennial Energy Holdings'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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Perennial Energy Holdings Construction In Progress Chart

Perennial Energy Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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26.41

48.18

194.45

106.64

103.30

Perennial Energy Holdings Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial										194.45	2.70	106.64	-	103.30

Perennial Energy Holdings 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.

Perennial Energy Holdings (HKSE:02798) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Perennial Energy Holdings Ltd (HKSE:02798) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

PEZ:Germany

Address

Hongguo Economic Development Area, Office Building next to E' Lang Pu Leisure Square, Guizhou Province, Liupanshui, CHN

Website

https://www.perennialenergy.hk

Perennial Energy Holdings Ltd is a coal mining. The company operates two underground coal mines in the Songshan coalfield in western Panzhou City, Guizhou Province, the People's Republic of China, namely, the Hongguo Mine and the Baogushan Mine. The revenue of the company is derived from the production and sales of coal products including clean coal, middling coal, and sludge coal; and the sale of coalbed methane gas as well as subcontracting income on coal washing services for Bangda in the People's Republic of China.

Executives

Spring Snow Management Limited
Yu Bang Ping
Lucky Street Limited
Qu Liu Mei	2202 Interest of your spouse
Gain Resources Limited
Leung Ka Hung

Perennial Energy Holdings (HKSE:02798) Headlines

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