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Sumec (SHSE:600710) Construction In Progress : ¥9 Mil (As of Mar. 2024)


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What is Sumec Construction In Progress?

Sumec's quarterly construction in progress declined from Sep. 2023 (¥37 Mil) to Dec. 2023 (¥10 Mil) and declined from Dec. 2023 (¥10 Mil) to Mar. 2024 (¥9 Mil).

Sumec's annual construction in progress declined from Dec. 2021 (¥72 Mil) to Dec. 2022 (¥23 Mil) and declined from Dec. 2022 (¥23 Mil) to Dec. 2023 (¥10 Mil).

Sumec Construction In Progress Historical Data

The historical data trend for Sumec'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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Sumec Construction In Progress Chart

Sumec 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 160.80 154.73 71.65 22.66 9.72

Sumec 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 18.06 33.33 36.51 9.72 9.38

Sumec 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.

Sumec (SHSE:600710) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Sumec Corp Ltd (SHSE:600710) » Definitions » Construction In Progress
Comparable Companies
SZSE:000680 SZSE:000923 SZSE:002097 SZSE:002111 SHSE:603611 SHSE:600817 SZSE:300276 SHSE:600841 SZSE:300818 SZSE:300159 CAT DE PCAR OSTO:VOLV A XTER:DTG TSE:6201 TSE:6301 XAMS:EXO OSTO:EPI A SHSE:600031
Traded in Other Exchanges
N/A
Address
Changjiang Road, SUMEC Building, No. 198, Xuanwu District, Nanjing, CHN, 210018
Website
http://www.sumec.com
Sumec Corp Ltd is engaged in trade and service, engineering contracting, and investment and development. The trade and service cover import and export of the bulk commodities including gardening instruments, electric tools, high-pressure washer, power generation equipment, garment, household textiles, automobile parts, medical devices, and others. Engineering contracting includes environmental engineering, energy engineering, and marine engineering; investment development includes strategic investment, industrial investment, project investment and financial investment.
Executives
Zhao Jian Guo senior management
Cai Ji Bo Director
Yang Guo Feng Supervisors
Peng Yuan Pu senior management
Jin Yong Chuan senior management
Yang Yong Qing Director
Gu Jian Su senior management
Chen Wei senior management
Wu Jian Ping Supervisors
Wang Wei Yan Director
Zou Jian Mao senior management
Jin Rong Hua Supervisors

Sumec (SHSE:600710) Headlines

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