ReTo Eco-Solutions (ReTo Eco-Solutions) Construction In Progress : $0.09 Mil (As of Dec. 2023)

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What is ReTo Eco-Solutions Construction In Progress?

ReTo Eco-Solutions's quarterly construction in progress stayed the same from Dec. 2022 ($0.00 Mil) to Jun. 2023 ($0.00 Mil) but then increased from Jun. 2023 ($0.00 Mil) to Dec. 2023 ($0.09 Mil).

ReTo Eco-Solutions's annual construction in progress declined from Dec. 2021 ($2.58 Mil) to Dec. 2022 ($0.00 Mil) but then increased from Dec. 2022 ($0.00 Mil) to Dec. 2023 ($0.09 Mil).

ReTo Eco-Solutions Construction In Progress Historical Data

The historical data trend for ReTo Eco-Solutions'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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ReTo Eco-Solutions Construction In Progress Chart

ReTo Eco-Solutions Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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0.11

-0.31

2.58

0.09

ReTo Eco-Solutions Semi-Annual Data
	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												2.58	-	-	-	0.09

ReTo Eco-Solutions 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.

ReTo Eco-Solutions (ReTo Eco-Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » ReTo Eco-Solutions Inc (NAS:RETO) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o Beijing REIT Technology Development Co., Ltd., X-702, Runfengdeshangyuan, 60 Anli Road, Chaoyang District, Beijing, CHN, 100101

Website

http://www.retoeco.com

ReTo Eco-Solutions Inc is a manufacturer and distributor of eco-friendly construction materials and fly-ash, as well as equipment used to produce these eco-friendly construction materials. The company engaged in providing consultation, design, project implementation and construction of urban ecological environments for capturing, controlling and re-using rainwater. It operates through four segments namely Machinery and Equipment sales, Construction materials sales, Municipal Construction Projects, and Technology Consulting and other services. The company earns its revenue from Machinery and Equipment sales segment. Geographically, it derives a majority of its revenue from China.