Tongling Nonferrous Metals Group Co (SZSE:000630) Construction In Progress : ¥3,857 Mil (As of Mar. 2024)

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What is Tongling Nonferrous Metals Group Co Construction In Progress?

Tongling Nonferrous Metals Group Co's quarterly construction in progress declined from Sep. 2023 (¥3,345 Mil) to Dec. 2023 (¥2,919 Mil) but then increased from Dec. 2023 (¥2,919 Mil) to Mar. 2024 (¥3,857 Mil).

Tongling Nonferrous Metals Group Co's annual construction in progress increased from Dec. 2021 (¥1,080 Mil) to Dec. 2022 (¥1,958 Mil) and increased from Dec. 2022 (¥1,958 Mil) to Dec. 2023 (¥2,919 Mil).

Tongling Nonferrous Metals Group Co Construction In Progress Historical Data

The historical data trend for Tongling Nonferrous Metals 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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Tongling Nonferrous Metals Group Co Construction In Progress Chart

Tongling Nonferrous Metals Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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3,073.22

1,553.29

1,079.94

1,958.25

2,918.56

Tongling Nonferrous Metals Group Co 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															2,122.72	2,443.48	3,344.98	2,918.56	3,856.73

Tongling Nonferrous Metals 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.

Tongling Nonferrous Metals Group Co (SZSE:000630) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tongling Nonferrous Metals Group Co Ltd (SZSE:000630) » Definitions » Construction In Progress

Traded in Other Exchanges

N/A

Address

Changjiang West Road, West Building, Nonferrous Courtyard, Anhui Province, Tongling, CHN, 244000

Website

http://www.tlys.cn

Tongling Nonferrous Metals Group Co Ltd is engaged in the business of copper exploration, mining, smelting and deep processing. Its product include cathode copper, gold, silver, and copper, Wire, copper strip and copper foil. The company operates in more than 30 countries. Its products are used in electric power, construction, automotive, home appliances, electronics, and defense.

Tongling Nonferrous Metals Group Co (SZSE:000630) Headlines

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