Motorcomm Electronic Technology Co (SHSE:688515) Construction In Progress : ¥7.1 Mil (As of Mar. 2024)

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What is Motorcomm Electronic Technology Co Construction In Progress?

Motorcomm Electronic Technology Co's quarterly construction in progress increased from Sep. 2023 (¥4.7 Mil) to Dec. 2023 (¥6.7 Mil) and increased from Dec. 2023 (¥6.7 Mil) to Mar. 2024 (¥7.1 Mil).

Motorcomm Electronic Technology Co's annual construction in progress declined from Dec. 2021 (¥1.5 Mil) to Dec. 2022 (¥0.0 Mil) but then increased from Dec. 2022 (¥0.0 Mil) to Dec. 2023 (¥6.7 Mil).

Motorcomm Electronic Technology Co Construction In Progress Historical Data

The historical data trend for Motorcomm Electronic 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.
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Motorcomm Electronic Technology Co Construction In Progress Chart

Motorcomm Electronic Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

2.08

1.47

6.66

Motorcomm Electronic Technology Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial								-	1.81	4.75	6.66	7.12

Motorcomm Electronic 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.

Motorcomm Electronic Technology Co (SHSE:688515) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Motorcomm Electronic Technology Co Ltd (SHSE:688515) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 78, Keling Road, Room 201, Building 4, Science and Technology City, High-tech Zone, Jiangsu Province, Suzhou, CHN, 215163

Website

https://www.motor-comm.com

Motorcomm Electronic Technology Co Ltd is engaged in the research and development, design and sales of high-speed wired communication chips.

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