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AA Industrial Belting (Shanghai) Co (SHSE:603580) Construction In Progress : ¥54.0 Mil (As of Mar. 2024)


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What is AA Industrial Belting (Shanghai) Co Construction In Progress?

AA Industrial Belting (Shanghai) Co's quarterly construction in progress increased from Sep. 2023 (¥51.0 Mil) to Dec. 2023 (¥53.1 Mil) and increased from Dec. 2023 (¥53.1 Mil) to Mar. 2024 (¥54.0 Mil).

AA Industrial Belting (Shanghai) Co's annual construction in progress declined from Dec. 2021 (¥79.1 Mil) to Dec. 2022 (¥36.7 Mil) but then increased from Dec. 2022 (¥36.7 Mil) to Dec. 2023 (¥53.1 Mil).


AA Industrial Belting (Shanghai) Co Construction In Progress Historical Data

The historical data trend for AA Industrial Belting (Shanghai) 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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AA Industrial Belting (Shanghai) Co Construction In Progress Chart

AA Industrial Belting (Shanghai) 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 0.22 25.73 79.07 36.73 53.07

AA Industrial Belting (Shanghai) 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 43.02 46.11 51.04 53.07 53.96

AA Industrial Belting (Shanghai) 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.


AA Industrial Belting (Shanghai) Co (SHSE:603580) Business Description

Traded in Other Exchanges
N/A
Address
580 Xiangyin Road, Shanghai, CHN, 200433
AA Industrial Belting (Shanghai) Co Ltd is specialized in the research and development of light conveyor belts. Its main products include thermoplastic urethane (TPU) conveyor belts, thermoplastic polyester elastomeric (TPEE) conveyor belts, polyvinyl chloride (PVC) conveyor belts, polyethylene (PE) conveyor belts and seamless conveyor belts. Its product is widely used in food processing, airport logistics, textile printing, automotive and steel processing, tire, tobacco, and aluminum industry.
Executives
Tu Guo Sheng Director
Tu Mu Lin Director
Cai Rui Mei Director

AA Industrial Belting (Shanghai) Co (SHSE:603580) Headlines

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