Loongson Technology (SHSE:688047) Construction In Progress : ¥7.3 Mil (As of Mar. 2024)

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What is Loongson Technology Construction In Progress?

Loongson Technology's quarterly construction in progress declined from Sep. 2023 (¥10.3 Mil) to Dec. 2023 (¥7.3 Mil) but then stayed the same from Dec. 2023 (¥7.3 Mil) to Mar. 2024 (¥7.3 Mil).

Loongson Technology's annual construction in progress increased from Dec. 2021 (¥1.9 Mil) to Dec. 2022 (¥5.9 Mil) and increased from Dec. 2022 (¥5.9 Mil) to Dec. 2023 (¥7.3 Mil).

Loongson Technology Construction In Progress Historical Data

The historical data trend for Loongson Technology'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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Loongson Technology Construction In Progress Chart

Loongson Technology Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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0.75

24.09

1.88

5.91

7.29

Loongson Technology Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial												7.89	10.34	10.34	7.29	7.29

Loongson Technology 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.

Loongson Technology (SHSE:688047) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Loongson Technology Corp Ltd (SHSE:688047) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yard 7, Dijin Road, Room 101, 1st Floor, Building 4, Haidian District, Beijing, CHN, 100095

Website

http://www.loongson.cn

Loongson Technology Corp Ltd is engaged in the development, sales and service of processors and supporting chips.

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