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Zhejiang XCC Group Co (SHSE:603667) Construction In Progress : ¥174 Mil (As of Mar. 2024)


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What is Zhejiang XCC Group Co Construction In Progress?

Zhejiang XCC Group Co's quarterly construction in progress declined from Sep. 2023 (¥214 Mil) to Dec. 2023 (¥197 Mil) and declined from Dec. 2023 (¥197 Mil) to Mar. 2024 (¥174 Mil).

Zhejiang XCC Group Co's annual construction in progress increased from Dec. 2021 (¥124 Mil) to Dec. 2022 (¥149 Mil) and increased from Dec. 2022 (¥149 Mil) to Dec. 2023 (¥197 Mil).


Zhejiang XCC Group Co Construction In Progress Historical Data

The historical data trend for Zhejiang XCC Group 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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Zhejiang XCC Group Co Construction In Progress Chart

Zhejiang XCC Group 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 107.98 145.35 123.55 148.92 197.17

Zhejiang XCC Group 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 124.89 165.68 213.53 197.17 173.84

Zhejiang XCC Group 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.


Zhejiang XCC Group Co (SHSE:603667) Business Description

Traded in Other Exchanges
N/A
Address
No.199, Taitan Main Road, Xinchang County, Zhejiang Province, Shaoxing, CHN, 312500
Zhejiang XCC Group Co Ltd is operating in the bearing industry. The company mainly produces high-precision, low-noise deep groove ball bearing, auto hub bearing, the precision bearing of numerical control machine, high-speed and precision bearing of thread spinner, shaft bearing and motor bearing. The company also deals with auto parts and technical equipment. Its products are mainly sold to the United States of America, Japan, Korea, Brazil and other regions.

Zhejiang XCC Group Co (SHSE:603667) Headlines

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