AgiiPlus (AgiiPlus) Construction In Progress : $0.75 Mil (As of Dec. 2022)

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What is AgiiPlus Construction In Progress?

AgiiPlus's quarterly construction in progress increased from Dec. 2021 ($2.89 Mil) to Jun. 2022 ($3.99 Mil) but then declined from Jun. 2022 ($3.99 Mil) to Dec. 2022 ($0.75 Mil).

AgiiPlus's annual construction in progress declined from Dec. 2020 ($5.34 Mil) to Dec. 2021 ($2.89 Mil) and declined from Dec. 2021 ($2.89 Mil) to Dec. 2022 ($0.75 Mil).

AgiiPlus Construction In Progress Historical Data

The historical data trend for AgiiPlus'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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AgiiPlus Construction In Progress Chart

AgiiPlus Annual Data

Trend

Dec20

Dec21

Dec22

Construction In Progress

5.34

2.89

0.75

AgiiPlus Quarterly Data
	Dec20	Jun21	Dec21	Jun22	Dec22
Construction In Progress	5.34	-	2.89	3.99	0.75

AgiiPlus 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.

AgiiPlus (AgiiPlus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AgiiPlus Inc (NAS:AGII) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

222 Hubin Road, Distrii Center, 18th Floor, Link Square 1, Huangpu District, Shanghai, CHN, 200021

Website

https://m.agiiplus.com

AgiiPlus Inc offers an integrated platform connecting onsite workspaces and digital services through technology. Through its subsidiaries, AgiiPlus offers office leasing and enterprise services under the brand "Tangtang," and, through its subsidiaries, AgiiPlus maintains the Distrii app, the proprietary official app for workspace members, offering AgiiPlus' workspace members a seamless experience beyond physical spaces with easy access to enterprise services. The firm has one operating segment with three revenue streams including workspace leasing & operation revenue, renovation & smart building technology revenue, and brokerage & enterprise service revenue.

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