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Ningbonxing Medical Electric Co (SHSE:601567) Construction In Progress : ¥226 Mil (As of Mar. 2024)


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What is Ningbonxing Medical Electric Co Construction In Progress?

Ningbonxing Medical Electric Co's quarterly construction in progress declined from Sep. 2023 (¥211 Mil) to Dec. 2023 (¥209 Mil) but then increased from Dec. 2023 (¥209 Mil) to Mar. 2024 (¥226 Mil).

Ningbonxing Medical Electric Co's annual construction in progress increased from Dec. 2021 (¥164 Mil) to Dec. 2022 (¥362 Mil) but then declined from Dec. 2022 (¥362 Mil) to Dec. 2023 (¥209 Mil).


Ningbonxing Medical Electric Co Construction In Progress Historical Data

The historical data trend for Ningbonxing Medical Electric 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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Ningbonxing Medical Electric Co Construction In Progress Chart

Ningbonxing Medical Electric 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 5.67 19.63 164.42 361.90 208.71

Ningbonxing Medical Electric 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 389.57 429.35 210.54 208.71 226.06

Ningbonxing Medical Electric 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.


Ningbonxing Medical Electric Co (SHSE:601567) Business Description

Traded in Other Exchanges
N/A
Address
No.17 Fenglin Road, Cicheng Tow, Jiangbei District, Ningbo, CHN, 315034
Ningbo Sanxing Medical Electric Co Ltd operates in the electricity measurement industry. The product portfolio of the group includes the Meter box, Smart substation, Switchgear, Power distribution automation devices and others. Geographically the firm operated through China however its business presence is also seen internationally.
Executives
Zheng Jian Jiang Director
Guo Su Directors, senior managers
Shen Guo Ying Directors, senior managers
Zheng Jun Da Supervisors
Mou Xi Lei Directors, senior managers
Xin Ning Director
Liang Song Luan senior management
Fu Guo Yi Supervisors
Li Wei Qing Director

Ningbonxing Medical Electric Co (SHSE:601567) Headlines

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