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Shandong Hi-Speed Co (SHSE:600350) Construction In Progress : ¥2,744 Mil (As of Mar. 2024)


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What is Shandong Hi-Speed Co Construction In Progress?

Shandong Hi-Speed Co's quarterly construction in progress increased from Sep. 2023 (¥2,066 Mil) to Dec. 2023 (¥2,654 Mil) and increased from Dec. 2023 (¥2,654 Mil) to Mar. 2024 (¥2,744 Mil).

Shandong Hi-Speed Co's annual construction in progress declined from Dec. 2021 (¥4,624 Mil) to Dec. 2022 (¥1,862 Mil) but then increased from Dec. 2022 (¥1,862 Mil) to Dec. 2023 (¥2,654 Mil).

Shandong Hi-Speed Co Construction In Progress Historical Data

The historical data trend for Shandong Hi-Speed 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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Shandong Hi-Speed Co Construction In Progress Chart

Shandong Hi-Speed Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,530.42 8,632.75 4,624.36 1,861.75 2,654.41

Shandong Hi-Speed 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,928.80 1,970.49 2,065.76 2,654.41 2,743.87

Shandong Hi-Speed 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.

Shandong Hi-Speed Co (SHSE:600350) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shandong Hi-Speed Co Ltd (SHSE:600350) » Definitions » Construction In Progress
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Traded in Other Exchanges
N/A
Address
No. 5006, Aoti Middle Road, Shandong, Jinan, CHN, 250101
Website
http://www.sdecl.com.cn
Shandong Hi-Speed Co Ltd is a China-based company mainly engaged in the investment and operation of transportation infrastructure. It is also engaged in activities of equity investment in the upstream and downstream industries, finance, and environmental protection of the highway industry chain. It operates and maintains toll roads, bridges, tunnels, and other infrastructure facilities. The company earns majority revenue in the form of Toll, railway transportation, sales of goods, project construction, and other businesses.

Shandong Hi-Speed Co (SHSE:600350) Headlines

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