Sinotruk (Hong Kong) (HKSE:03808) Construction In Progress : HK$2,257 Mil (As of Dec. 2023)

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What is Sinotruk (Hong Kong) Construction In Progress?

Sinotruk (Hong Kong)'s quarterly construction in progress declined from Dec. 2022 (HK$4,133 Mil) to Jun. 2023 (HK$0 Mil) but then increased from Jun. 2023 (HK$0 Mil) to Dec. 2023 (HK$2,257 Mil).

Sinotruk (Hong Kong)'s annual construction in progress increased from Dec. 2021 (HK$3,239 Mil) to Dec. 2022 (HK$4,133 Mil) but then declined from Dec. 2022 (HK$4,133 Mil) to Dec. 2023 (HK$2,257 Mil).

Sinotruk (Hong Kong) Construction In Progress Historical Data

The historical data trend for Sinotruk (Hong Kong)'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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Sinotruk (Hong Kong) Construction In Progress Chart

Sinotruk (Hong Kong) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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660.89

3,119.81

3,238.62

4,132.76

2,257.06

Sinotruk (Hong Kong) 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															3,238.62	-	4,132.76	-	2,257.06

Sinotruk (Hong Kong) 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.

Sinotruk (Hong Kong) (HKSE:03808) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Sinotruk (Hong Kong) Ltd (HKSE:03808) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

SHKLY:USA SHKLF:USA 4SK:Germany

Address

No. 777 Hua’ao Road, Sinotruk Tower, Innovation Zone, Gaoxin District, Shandong Province, Ji’nan, CHN, 250101

Website

http://www.sinotruk.com

Sinotruk (Hong Kong) Ltd is an investment holding company. The company manages its business in four segments: Heavy Duty Trucks, which includes manufacture and sale of heavy-duty trucks, medium-heavy duty trucks, and related components; Light Duty Trucks & Others, which manufacture and sell of light-duty trucks, buses, etc. and related components; Engines segment manufactures engines & related parts; and Finance Segment. The vast majority of its revenue comes from the Heavy-duty trucks segment. Its geographical segments are Mainland China and Overseas.

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