Adama (SZSE:000553) Construction In Progress : ¥2,683 Mil (As of Mar. 2024)

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What is Adama Construction In Progress?

Adama's quarterly construction in progress declined from Sep. 2023 (¥3,242 Mil) to Dec. 2023 (¥2,507 Mil) but then increased from Dec. 2023 (¥2,507 Mil) to Mar. 2024 (¥2,683 Mil).

Adama's annual construction in progress increased from Dec. 2021 (¥2,143 Mil) to Dec. 2022 (¥2,961 Mil) but then declined from Dec. 2022 (¥2,961 Mil) to Dec. 2023 (¥2,507 Mil).

Adama Construction In Progress Historical Data

The historical data trend for Adama'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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Adama Construction In Progress Chart

Adama Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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788.39

1,405.33

2,143.40

2,961.40

2,507.33

Adama 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															2,796.57	3,147.49	3,241.53	2,507.33	2,682.81

Adama 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.

Adama (SZSE:000553) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Adama Ltd (SZSE:000553) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

200553:China

Address

No. 93, East Beijing Road, Hubei, Jingzhou, CHN, 434001

Website

https://www.adama.com

Adama Ltd produces farm chemicals for crop protection. It operates in two segments: Crop Protection and Intermediates & ingredients. The Crop Protection segment includes the manufacture and marketing of conventional agrochemical products and operations in the seeds sector. The intermediates & ingredients segment includes a large number of sub-fields, including Lycopan (an oxidization retardant), aromatic products, and other chemicals. The firm generates the vast majority of its revenue from the Crop Protection segment. Its geographical segments are Europe; Latin America; North America; Africa, Middle East, and India; and the Asia Pacific.

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