Hing Ming Holdings (HKSE:08425) Construction In Progress : HK$2.9 Mil (As of Sep. 2023)

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What is Hing Ming Holdings Construction In Progress?

Hing Ming Holdings's quarterly construction in progress declined from Mar. 2023 (HK$2.4 Mil) to Jun. 2023 (HK$0.0 Mil) but then increased from Jun. 2023 (HK$0.0 Mil) to Sep. 2023 (HK$2.9 Mil).

Hing Ming Holdings's annual construction in progress declined from Mar. 2021 (HK$3.7 Mil) to Mar. 2022 (HK$1.1 Mil) but then increased from Mar. 2022 (HK$1.1 Mil) to Mar. 2023 (HK$2.4 Mil).

Hing Ming Holdings Construction In Progress Historical Data

The historical data trend for Hing Ming 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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Hing Ming Holdings Construction In Progress Chart

Hing Ming Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Construction In Progress

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8.40

7.30

3.68

1.13

2.45

Hing Ming Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Construction In Progress	Get a 7-Day Free Trial															-	-	2.45	-	2.87

Hing Ming 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.

Hing Ming Holdings (HKSE:08425) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hing Ming Holdings Ltd (HKSE:08425) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

83-87 Nathan Road, Room A4, 2nd Floor, Tsim Sha Tsui Mansion, Kowloon, Hong Kong, HKG

Website

http://www.hing-ming.com

Hing Ming Holdings Ltd is engaged in the rental of temporary suspended working platforms and other equipment. It also provides trading of equipment and spare parts, such as permanently suspended working platforms, motors, and wire rope and the only operating segment of the Group is rental and related services and trading of equipment and spare parts.

Executives

Leong Cho Mui	2106 Person having a security interest in shares
Hing Gut Limited	2101 Beneficial owner
Au Fung Yee	2202 Interest of your spouse
Tang Hing Keung	2201 Interest of corporation controlled by you
Lee Yu Leung	2101 Beneficial owner
Woo Lan Ying	2101 Beneficial owner
Lu Zhaoqing
Yang Gang

Hing Ming Holdings (HKSE:08425) Headlines

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