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Sinopec Oilfield Equipment (SZSE:000852) Construction In Progress : ¥148 Mil (As of Mar. 2024)


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What is Sinopec Oilfield Equipment Construction In Progress?

Sinopec Oilfield Equipment's quarterly construction in progress increased from Sep. 2023 (¥93 Mil) to Dec. 2023 (¥139 Mil) and increased from Dec. 2023 (¥139 Mil) to Mar. 2024 (¥148 Mil).

Sinopec Oilfield Equipment's annual construction in progress increased from Dec. 2021 (¥59 Mil) to Dec. 2022 (¥81 Mil) and increased from Dec. 2022 (¥81 Mil) to Dec. 2023 (¥139 Mil).

Sinopec Oilfield Equipment Construction In Progress Historical Data

The historical data trend for Sinopec Oilfield Equipment'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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Sinopec Oilfield Equipment Construction In Progress Chart

Sinopec Oilfield Equipment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.85 41.45 59.05 81.22 138.71

Sinopec Oilfield Equipment 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 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 83.93 96.00 92.70 138.71 148.47

Sinopec Oilfield Equipment 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.

Sinopec Oilfield Equipment (SZSE:000852) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sinopec Oilfield Equipment Corp (SZSE:000852) » Definitions » Construction In Progress
Comparable Companies
SHSE:603800 SZSE:300191 SHSE:603727 SZSE:300471 SZSE:002554 SHSE:688377 SHSE:603318 SZSE:300164 SZSE:300084 SZSE:301158 SLB BKR HAL MIL:TEN FTI SHSE:601808 WFRD NOV CHX SHSE:600968
Traded in Other Exchanges
N/A
Address
No. 5, Huagongyuan First Road, Donghu New Technology Development Zone, Miaoshan Community, Hubei, Wuhan, CHN, 430205
Website
http://sofe.sinopec.com
Sinopec Oilfield Equipment Corp is engaged in making petroleum drilling and mining equipment. It includes the development, sales, inspection, and maintenance services of drill bits, drilling tools, manifolds, valves, downhole tools, and instruments.
Executives
Zou Zhi Guo Supervisors
Xie Yong Jin Director
Yu Tian Jing Supervisors
Hong Chun Ling Executives
Meng Yong Securities Affairs Representative

Sinopec Oilfield Equipment (SZSE:000852) Headlines

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