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Wetown Electric Group Co (SHSE:688226) Construction In Progress : ¥117 Mil (As of Mar. 2024)


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What is Wetown Electric Group Co Construction In Progress?

Wetown Electric Group Co's quarterly construction in progress increased from Sep. 2023 (¥89 Mil) to Dec. 2023 (¥127 Mil) but then declined from Dec. 2023 (¥127 Mil) to Mar. 2024 (¥117 Mil).

Wetown Electric Group Co's annual construction in progress increased from Dec. 2021 (¥4 Mil) to Dec. 2022 (¥19 Mil) and increased from Dec. 2022 (¥19 Mil) to Dec. 2023 (¥127 Mil).


Wetown Electric Group Co Construction In Progress Historical Data

The historical data trend for Wetown Electric 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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Wetown Electric Group Co Construction In Progress Chart

Wetown Electric Group Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial 8.87 5.80 3.96 18.72 126.79

Wetown Electric Group Co Quarterly Data
Dec17 Dec18 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 22.54 21.05 89.42 126.79 116.57

Wetown Electric 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.


Wetown Electric Group Co (SHSE:688226) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Nanzi Road, Xinba Science and Technology Park, Jiangsu Province, Yangzhong, CHN, 212200
Wetown Electric Group Co Ltd is engaged in the development and manufacturing of electrical products. it offers product such as high and low voltage busbars; complete sets of electrical and intelligent components; copper and aluminum materials and tinned copper tape; bridges and hangers and others.

Wetown Electric Group Co (SHSE:688226) Headlines

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