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Saietta Group (LSE:SED) Construction In Progress : £0.00 Mil (As of Sep. 2023)


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What is Saietta Group Construction In Progress?

Saietta Group's quarterly construction in progress increased from Sep. 2022 (£0.00 Mil) to Mar. 2023 (£3.68 Mil) but then declined from Mar. 2023 (£3.68 Mil) to Sep. 2023 (£0.00 Mil).

Saietta Group's annual construction in progress increased from Mar. 2021 (£0.00 Mil) to Mar. 2022 (£1.94 Mil) and increased from Mar. 2022 (£1.94 Mil) to Mar. 2023 (£3.68 Mil).


Saietta Group Construction In Progress Historical Data

The historical data trend for Saietta Group'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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Saietta Group Construction In Progress Chart

Saietta Group Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Construction In Progress
- - - 1.94 3.68

Saietta Group Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Construction In Progress Get a 7-Day Free Trial Premium Member Only - 1.94 - 3.68 -

Saietta Group 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.


Saietta Group (LSE:SED) Business Description

Traded in Other Exchanges
N/A
Address
c/- Fieldfisher, Riverbank House, 2 Swan Lane, London, GBR, EC4R 3TT
Saietta Group PLC is an engineering company. Its branded AFT (Axial Flux Technology) is modular in design, meaning high and low voltage e-motor solutions can be provided from scooters to large vehicles. It operates in three segments; Lightweight, Heavy-duty and Marine division. It generates maximum revenue from Lightweight segment. AFT has been designed for high automation in volume production meaning AFT cost-effectively delivers class performance. Geographically, the company operates in United Kingdom, European Unions and the rest of the world.

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