Kingsoft (HKSE:03888) Construction In Progress : HK$822 Mil (As of Dec. 2023)

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What is Kingsoft Construction In Progress?

Kingsoft's quarterly construction in progress stayed the same from Jun. 2023 (HK$0 Mil) to Sep. 2023 (HK$0 Mil) but then increased from Sep. 2023 (HK$0 Mil) to Dec. 2023 (HK$822 Mil).

Kingsoft's annual construction in progress increased from Dec. 2021 (HK$45 Mil) to Dec. 2022 (HK$355 Mil) and increased from Dec. 2022 (HK$355 Mil) to Dec. 2023 (HK$822 Mil).

Kingsoft Construction In Progress Historical Data

The historical data trend for Kingsoft'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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Kingsoft Construction In Progress Chart

Kingsoft Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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372.85

382.28

45.32

354.91

821.77

Kingsoft Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															354.91	-	-	-	821.77

Kingsoft 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.

Kingsoft (HKSE:03888) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Kingsoft Corp Ltd (HKSE:03888) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

3K1:Germany

Address

No. 33 Xierqi Middle Road, Xiaomi Campus, Building D, Haidian District, Beijing, CHN, 100085

Website

https://www.kingsoft.com

Kingsoft Corp Ltd is a Chinese software and Internet services company. The company's operating segment includes entertainment software and others and office software and services. It generates maximum revenue from the entertainment software and others segment. The entertainment software and others segment is engaged in the research and development of games, and the provision of online games, mobile games and casual game services. Geographically, it derives a majority of revenue from Mainland China.

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