China Oilfield Services (HKSE:02883) Construction In Progress : HK$3,009 Mil (As of Mar. 2024)

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What is China Oilfield Services Construction In Progress?

China Oilfield Services's quarterly construction in progress increased from Sep. 2023 (HK$2,556 Mil) to Dec. 2023 (HK$3,002 Mil) and increased from Dec. 2023 (HK$3,002 Mil) to Mar. 2024 (HK$3,009 Mil).

China Oilfield Services's annual construction in progress declined from Dec. 2021 (HK$2,915 Mil) to Dec. 2022 (HK$2,818 Mil) but then increased from Dec. 2022 (HK$2,818 Mil) to Dec. 2023 (HK$3,002 Mil).

China Oilfield Services Construction In Progress Historical Data

The historical data trend for China Oilfield Services'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 Oilfield Services Construction In Progress Chart

China Oilfield Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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2,129.52

3,732.11

2,914.65

2,817.52

3,002.15

China Oilfield Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															2,968.41	3,060.23	2,556.24	3,002.15	3,009.37

China Oilfield Services 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 Oilfield Services (HKSE:02883) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » China Oilfield Services Ltd (HKSE:02883) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

CHOLF:USA CO9:Germany 601808:China

Address

201 Haiyou Avenue, Yanjiao Economic & Technological Development Zone, Hebei Province, Sanhe City, CHN, 065201

Website

https://www.cosl.com.cn

China Oilfield Services Ltd is engaged in the provision of oilfield services including drilling services, well services, marine support services, and geophysical acquisition and surveying services. It operates in four segments; the drilling services segment offers oilfield drilling services, the well services segment offers logging and downhole services, the marine support services segment is engaged in the transportation of materials, supplies, and personnel to offshore facilities, moving and positioning drilling structures, and the geophysical acquisition and surveying services segment is engaged in the provision of offshore seismic data acquisition and marine surveying.

Executives

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Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Fidelity Funds	2101 Beneficial owner
Allianz Se	2201 Interest of corporation controlled by you

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