Shandong Linglong Tyre Co (SHSE:601966) Construction In Progress : ¥6,742 Mil (As of Mar. 2024)

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What is Shandong Linglong Tyre Co Construction In Progress?

Shandong Linglong Tyre Co's quarterly construction in progress declined from Sep. 2023 (¥8,232 Mil) to Dec. 2023 (¥7,577 Mil) and declined from Dec. 2023 (¥7,577 Mil) to Mar. 2024 (¥6,742 Mil).

Shandong Linglong Tyre Co's annual construction in progress increased from Dec. 2021 (¥5,140 Mil) to Dec. 2022 (¥7,702 Mil) but then declined from Dec. 2022 (¥7,702 Mil) to Dec. 2023 (¥7,577 Mil).

Shandong Linglong Tyre Co Construction In Progress Historical Data

The historical data trend for Shandong Linglong Tyre 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 Linglong Tyre Co Construction In Progress Chart

Shandong Linglong Tyre Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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1,395.46

1,615.84

5,140.02

7,702.13

7,576.64

Shandong Linglong Tyre 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															7,889.87	8,040.13	8,231.76	7,576.64	6,742.16

Shandong Linglong Tyre 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 Linglong Tyre Co (SHSE:601966) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Shandong Linglong Tyre Co Ltd (SHSE:601966) » Definitions » Construction In Progress

Traded in Other Exchanges

N/A

Address

No. 777, Jinlong Road, Shandong, Zhaoyuan, CHN, 265406

Website

http://www.linglong.cn

Shandong Linglong Tyre Co Ltd is a China-based tire manufacturing company engaged in the business of manufacturing and selling tires. Its product portfolio comprises of passenger car radial tires, light truck radial tires, truck and bus radial tires, specialty tires, winter tires, SUV tires and others. It offers tire products under the brands Linglong, LEAO, Infinity, Shanling, and Atlas.

Shandong Linglong Tyre Co (SHSE:601966) Headlines

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