Far East Horizon (HKSE:03360) Construction In Progress : HK$175 Mil (As of Dec. 2023)

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What is Far East Horizon Construction In Progress?

Far East Horizon's quarterly construction in progress declined from Dec. 2022 (HK$351 Mil) to Jun. 2023 (HK$0 Mil) but then increased from Jun. 2023 (HK$0 Mil) to Dec. 2023 (HK$175 Mil).

Far East Horizon's annual construction in progress increased from Dec. 2021 (HK$242 Mil) to Dec. 2022 (HK$351 Mil) but then declined from Dec. 2022 (HK$351 Mil) to Dec. 2023 (HK$175 Mil).

Far East Horizon Construction In Progress Historical Data

The historical data trend for Far East Horizon'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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Far East Horizon Construction In Progress Chart

Far East Horizon Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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486.76

603.88

242.32

350.62

174.79

Far East Horizon 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															242.32	-	350.62	-	174.79

Far East Horizon 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.

Far East Horizon (HKSE:03360) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Far East Horizon Ltd (HKSE:03360) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

F6H:Germany

Address

1 Austin Road West, Unit 6608, 66th Floor, International Commerce Centre, Kowloon, Hong Kong, HKG

Website

https://www.fehorizon.com

Far East Horizon Ltd is a specialty finance provider. Its services entail integrated finance, investment, trade, advisory and engineering services in healthcare, infrastructure construction, electronic information, packaging, transportation and other sectors. The company operates in two segments. The Financial, lease, and advisory business is the highest revenue-generating segment for the company that deals with the provision of direct finance leasing, sale-leaseback, factoring, entrusted loans, and advisory services. The industrial operation and management business segment deals with the import and export trade and domestic trade of medical equipment, the provision of trade agency services, medical engineering, hospital and healthcare management, and ship brokerage services.

Executives

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Kong Fanxing	2101 Beneficial owner
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Cathay Financial Holding Co., Ltd.	2101 Beneficial owner
Zhong Hua Zi Ben Tou Zi Guan Li Xiang Gang You Xian Gong Si	2101 Beneficial owner
Idea Prosperous Limited	2501 Other
Cantrust (far East) Limited
Gold Stone Enterprise Limited
Wolhardt Julian Juul	2201 Interest of corporation controlled by you
Capital Rise Limited	2101 Beneficial owner
Dcp, Ltd.	2201 Interest of corporation controlled by you
Dcp General Partner, Ltd	2201 Interest of corporation controlled by you
Dcp Capital Partners, L.p.	2201 Interest of corporation controlled by you
Capital Bridge Limited	2201 Interest of corporation controlled by you

Far East Horizon (HKSE:03360) Headlines

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