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Hongfa Technology Co (SHSE:600885) Construction In Progress : ¥284 Mil (As of Mar. 2024)


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What is Hongfa Technology Co Construction In Progress?

Hongfa Technology Co's quarterly construction in progress declined from Sep. 2023 (¥544 Mil) to Dec. 2023 (¥345 Mil) and declined from Dec. 2023 (¥345 Mil) to Mar. 2024 (¥284 Mil).

Hongfa Technology Co's annual construction in progress increased from Dec. 2021 (¥251 Mil) to Dec. 2022 (¥441 Mil) but then declined from Dec. 2022 (¥441 Mil) to Dec. 2023 (¥345 Mil).


Hongfa Technology Co Construction In Progress Historical Data

The historical data trend for Hongfa Technology 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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Hongfa Technology Co Construction In Progress Chart

Hongfa Technology 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 403.72 504.41 251.25 440.76 344.69

Hongfa Technology 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 480.62 607.20 543.52 344.69 284.31

Hongfa Technology 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.


Hongfa Technology Co (SHSE:600885) Business Description

Traded in Other Exchanges
N/A
Address
4th fioor ,No.C06,Fengye Roads, Fenghuang Industrial Zone, Fuyong Town,Bao'an District, Shenzhen, CHN
Hongfa Technology Co Ltd is a relay manufacturer in China. It engaged in the manufacturing and sale of electronic components. Its product portfolio includes relays, HV/LV devices, precision parts, automatic production. Hongfa products are widely used in areas as industry, energy, transportation, telecommunication, home appliances, medical care, national defense.
Executives
Huang Hong Fang Supervisors
Wang Xiao Peng Director
He Ya Bin Director
Gao Yuan Kun Director
Shen Ying Ming Supervisors

Hongfa Technology Co (SHSE:600885) Headlines

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