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Shenyang Fortune Precision Equipment Co (SHSE:688409) Construction In Progress : ¥469 Mil (As of Mar. 2024)


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What is Shenyang Fortune Precision Equipment Co Construction In Progress?

Shenyang Fortune Precision Equipment Co's quarterly construction in progress declined from Sep. 2023 (¥648 Mil) to Dec. 2023 (¥461 Mil) but then increased from Dec. 2023 (¥461 Mil) to Mar. 2024 (¥469 Mil).

Shenyang Fortune Precision Equipment Co's annual construction in progress increased from Dec. 2021 (¥332 Mil) to Dec. 2022 (¥814 Mil) but then declined from Dec. 2022 (¥814 Mil) to Dec. 2023 (¥461 Mil).


Shenyang Fortune Precision Equipment Co Construction In Progress Historical Data

The historical data trend for Shenyang Fortune Precision Equipment 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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Shenyang Fortune Precision Equipment Co Construction In Progress Chart

Shenyang Fortune Precision Equipment Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial 9.01 73.69 332.43 813.72 461.03

Shenyang Fortune Precision Equipment Co Quarterly Data
Dec18 Dec19 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 794.41 811.76 647.79 461.03 468.68

Shenyang Fortune Precision Equipment 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.


Shenyang Fortune Precision Equipment Co (SHSE:688409) Business Description

Traded in Other Exchanges
N/A
Address
No. 18A-1, Feiyun Road, Hunnan District, Liaoning Province, Shenyang, CHN, 110168
Shenyang Fortune Precision Equipment Co Ltd focuses on the precision manufacturing technology of metal parts and components, and has mastered one-stop manufacturing processes such as precision machinery manufacturing, high-cleanliness surface treatment, welding, assembly, and testing that can meet stringent standards.

Shenyang Fortune Precision Equipment Co (SHSE:688409) Headlines

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