Renheng Enterprise Holdings (HKSE:03628) Inventories, Work In Process : HK$63.9 Mil (As of Dec. 2023)

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What is Renheng Enterprise Holdings Inventories, Work In Process?

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Renheng Enterprise Holdings's work in process for the quarter that ended in Dec. 2023 was HK$63.9 Mil.

Renheng Enterprise Holdings Inventories, Work In Process Historical Data

The historical data trend for Renheng Enterprise Holdings's Inventories, Work In Process 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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Renheng Enterprise Holdings Inventories, Work In Process Chart

Renheng Enterprise Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventories, Work In Process

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32.20

42.23

65.09

86.86

63.90

Renheng Enterprise Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventories, Work In Process	Get a 7-Day Free Trial															65.09	77.19	86.86	78.90	63.90

Renheng Enterprise Holdings Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

Renheng Enterprise Holdings (HKSE:03628) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Renheng Enterprise Holdings Ltd (HKSE:03628) » Definitions » Inventories, Work In Process

Comparable Companies

Traded in Other Exchanges

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Address

16 Harcourt Road, Room 3805, 38th Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG

Website

https://www.renhengenterprise.com

Renheng Enterprise Holdings Ltd is an investment holding company that is engaged in the manufacture and sale of tobacco machinery products in the PRC. The company mainly produces three types of catalogued special-purpose tobacco machinery products, namely casing and flavoring system, pneumatic feeding system and pre-pressing packing machine. It is also engaged in the provision of maintenance, overhaul and modification services in respect of tobacco machinery products. The sale of catalogued special-purpose tobacco machinery products contributes most of the firm's revenue. All of the group's revenue are derived in the PRC.

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