China Meheco Group Co (SHSE:600056) Construction In Progress : ¥179 Mil (As of Mar. 2024)

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What is China Meheco Group Co Construction In Progress?

China Meheco Group Co's quarterly construction in progress declined from Sep. 2023 (¥272 Mil) to Dec. 2023 (¥196 Mil) and declined from Dec. 2023 (¥196 Mil) to Mar. 2024 (¥179 Mil).

China Meheco Group Co's annual construction in progress declined from Dec. 2021 (¥418 Mil) to Dec. 2022 (¥201 Mil) and declined from Dec. 2022 (¥201 Mil) to Dec. 2023 (¥196 Mil).

China Meheco Group Co Construction In Progress Historical Data

The historical data trend for China Meheco Group Co'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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China Meheco Group Co Construction In Progress Chart

China Meheco Group Co Annual Data

Trend

Dec14

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Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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593.61

964.57

418.19

201.20

196.02

China Meheco Group Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															223.25	245.36	271.56	196.02	178.77

China Meheco Group Co 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.

China Meheco Group Co (SHSE:600056) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » China Meheco Group Co Ltd (SHSE:600056) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18 Guangming Zhongjie, Dongcheng District, Beijing, CHN, 100061

Website

http://www.meheco.com

China Meheco Group Co Ltd is engaged in the distribution and trading of botanical medicines, medical instruments, and pharmaceuticals. It offers botanic medicines and herbal products, as well as exports of natural medicines, including herbs, spices, plant extracts, bee products, Chinese traditional medicines. The company's business scope covers the whole industry chain, from research and development, cultivation and processing, manufacturing, distribution, logistics to international trading, academic promotion and technical service. The corporation provides trading services for customers in the pharmaceutical and chemical field, covering APIs, preparations, biologicals, blood products and others.

China Meheco Group Co (SHSE:600056) Headlines

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