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Wuxi AppTec Co (SHSE:603259) Construction In Progress : ¥6,713 Mil (As of Mar. 2024)


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What is Wuxi AppTec Co Construction In Progress?

Wuxi AppTec Co's quarterly construction in progress declined from Sep. 2023 (¥7,613 Mil) to Dec. 2023 (¥6,982 Mil) and declined from Dec. 2023 (¥6,982 Mil) to Mar. 2024 (¥6,713 Mil).

Wuxi AppTec Co's annual construction in progress increased from Dec. 2021 (¥5,772 Mil) to Dec. 2022 (¥7,473 Mil) but then declined from Dec. 2022 (¥7,473 Mil) to Dec. 2023 (¥6,982 Mil).


Wuxi AppTec Co Construction In Progress Historical Data

The historical data trend for Wuxi AppTec 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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Wuxi AppTec Co Construction In Progress Chart

Wuxi AppTec 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 2,091.67 3,086.12 5,771.79 7,473.31 6,982.39

Wuxi AppTec 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 7,790.72 7,228.22 7,612.77 6,982.39 6,713.41

Wuxi AppTec 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.


Wuxi AppTec Co (SHSE:603259) Business Description

Traded in Other Exchanges
Address
288 Fute Zhong Road, Waigaoqiao Free Trade Zone, Shanghai, CHN, 200131
Wuxi AppTec Co Ltd provides a portfolio of research and manufacturing services through the discovery, development, and manufacturing spectrum for small-molecule drugs, cell therapies, and gene therapies as well as providing testing services for medical devices. Its segments comprise China-based laboratory services; U.S.-based laboratory services; Clinical research and other CRO services; CDMO services; and Others. The majority of revenue gets derived from China-based laboratory services that include small molecules discovery, such as synthetic chemistry, medicinal chemistry, analytical chemistry, biology, drug metabolism and pharmacokinetics (DMPK)/absorption, distribution, metabolism, and excretion (ADME), toxicology and bioanalytical services.

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