Sangfor Technologies (SZSE:300454) Construction In Progress : ¥612 Mil (As of Mar. 2024)

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What is Sangfor Technologies Construction In Progress?

Sangfor Technologies's quarterly construction in progress increased from Sep. 2023 (¥435 Mil) to Dec. 2023 (¥492 Mil) and increased from Dec. 2023 (¥492 Mil) to Mar. 2024 (¥612 Mil).

Sangfor Technologies's annual construction in progress increased from Dec. 2021 (¥137 Mil) to Dec. 2022 (¥325 Mil) and increased from Dec. 2022 (¥325 Mil) to Dec. 2023 (¥492 Mil).

Sangfor Technologies Construction In Progress Historical Data

The historical data trend for Sangfor Technologies'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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Sangfor Technologies Construction In Progress Chart

Sangfor Technologies Annual Data

Trend

Dec14

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Dec23

Construction In Progress

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13.55

49.70

137.47

324.73

491.94

Sangfor Technologies 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															357.35	389.71	434.58	491.94	612.35

Sangfor Technologies 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.

Sangfor Technologies (SZSE:300454) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sangfor Technologies Inc (SZSE:300454) » Definitions » Construction In Progress

Traded in Other Exchanges

N/A

Address

1001 Xueyuan Avenue, Building A1, Nanshan Zhiyuan, Nanshan District, Shenzhen, CHN, 518055

Website

http://www.sangfor.com

Sangfor Technologies Inc is a provider of security and cloud computing solutions and is committed to making users IT easier, safer, and more valuable.

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