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GEM Co (XSWX:GEM) Construction In Progress : $746 Mil (As of Mar. 2024)


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What is GEM Co Construction In Progress?

GEM Co's quarterly construction in progress declined from Sep. 2023 ($832 Mil) to Dec. 2023 ($382 Mil) but then increased from Dec. 2023 ($382 Mil) to Mar. 2024 ($746 Mil).

GEM Co's annual construction in progress increased from Dec. 2021 ($466 Mil) to Dec. 2022 ($524 Mil) but then declined from Dec. 2022 ($524 Mil) to Dec. 2023 ($382 Mil).

GEM Co Construction In Progress Historical Data

The historical data trend for GEM 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.

* Premium members only.

GEM Co Construction In Progress Chart

GEM Co 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 261.60 255.78 466.01 523.82 382.41

GEM 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 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 677.83 704.05 831.54 382.41 746.07

GEM 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.

GEM Co (XSWX:GEM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » GEM Co Ltd (XSWX:GEM) » Definitions » Construction In Progress
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Traded in Other Exchanges
002340:China
Address
South of Xinghua Road, 20F Block A,Marina Bay Center, Bao’an Center Area, Shenzhen, CHN, 518101
Website
http://www.gemchina.com
GEM Co Ltd operates in the recycling industry in China and internationally. The company offers remanufactured battery raw materials, such as nickel, cobalt, manganese, copper, aluminum, iron, and lithium from waste batteries; cathode copper plate; and gold and silver ingots, palladium sponge, and rhodium.