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Wuxi Paike New Materials Technology Co (SHSE:605123) Construction In Progress : ¥323 Mil (As of Mar. 2024)


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What is Wuxi Paike New Materials Technology Co Construction In Progress?

Wuxi Paike New Materials Technology Co's quarterly construction in progress increased from Sep. 2023 (¥91 Mil) to Dec. 2023 (¥126 Mil) and increased from Dec. 2023 (¥126 Mil) to Mar. 2024 (¥323 Mil).

Wuxi Paike New Materials Technology Co's annual construction in progress declined from Dec. 2021 (¥205 Mil) to Dec. 2022 (¥100 Mil) but then increased from Dec. 2022 (¥100 Mil) to Dec. 2023 (¥126 Mil).


Wuxi Paike New Materials Technology Co Construction In Progress Historical Data

The historical data trend for Wuxi Paike New Materials Technology 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 Paike New Materials Technology Co Construction In Progress Chart

Wuxi Paike New Materials Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial 90.33 179.35 205.30 100.35 126.17

Wuxi Paike New Materials Technology 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 56.55 78.87 90.94 126.17 323.12

Wuxi Paike New Materials Technology 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 Paike New Materials Technology Co (SHSE:605123) Business Description

Traded in Other Exchanges
N/A
Address
Lianhe Road, Hudai Industrial Resettlement Zone, North District, Binhu District, Jiangsu Province, Wuxi, CHN, 214161
Wuxi Paike New Materials Technology Co Ltd is engaged in production and sales of metal forgings. Its main products are ring forgings and various types of free forgings. The company's products are categorized as Chemical & Petroleum; Machinery; Valve; Power; Marine; and High End Products.

Wuxi Paike New Materials Technology Co (SHSE:605123) Headlines

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