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Oriental Culture Holding (Oriental Culture Holding) Construction In Progress : $0.78 Mil (As of Dec. 2023)


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What is Oriental Culture Holding Construction In Progress?

Oriental Culture Holding's quarterly construction in progress declined from Dec. 2022 ($0.60 Mil) to Jun. 2023 ($0.00 Mil) but then increased from Jun. 2023 ($0.00 Mil) to Dec. 2023 ($0.78 Mil).

Oriental Culture Holding's annual construction in progress increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.60 Mil) and increased from Dec. 2022 ($0.60 Mil) to Dec. 2023 ($0.78 Mil).


Oriental Culture Holding Construction In Progress Historical Data

The historical data trend for Oriental Culture Holding'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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Oriental Culture Holding Construction In Progress Chart

Oriental Culture Holding Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial - - - 0.60 0.78

Oriental Culture Holding Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.60 - 0.78

Oriental Culture Holding 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.


Oriental Culture Holding (Oriental Culture Holding) Business Description

Traded in Other Exchanges
N/A
Address
198-200 Queen’s Road Central, Room 1402, Richmake Commercial Building, Hong Kong, HKG
Oriental Culture Holding Ltd is an online provider of collectibles and artwork e-commerce services. The company also offers online and offline integrated marketing, storage, and technical maintenance service to customers in China and Hong Kong. It operates through one segment namely, e-commerce of artwork trading. It generates revenue through listing service fees, transaction fees, and other revenues collected from traders.