Chengdu Zhonghuan Flow Controls Mfg Co (BJSE:836260) Construction In Progress : ¥0.6 Mil (As of Mar. 2024)

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What is Chengdu Zhonghuan Flow Controls Mfg Co Construction In Progress?

Chengdu Zhonghuan Flow Controls Mfg Co's quarterly construction in progress stayed the same from Sep. 2023 (¥0.0 Mil) to Dec. 2023 (¥0.0 Mil) but then increased from Dec. 2023 (¥0.0 Mil) to Mar. 2024 (¥0.6 Mil).

Chengdu Zhonghuan Flow Controls Mfg Co's annual construction in progress declined from Dec. 2021 (¥0.9 Mil) to Dec. 2022 (¥0.0 Mil) but then stayed the same from Dec. 2022 (¥0.0 Mil) to Dec. 2023 (¥0.0 Mil).

Chengdu Zhonghuan Flow Controls Mfg Co Construction In Progress Historical Data

The historical data trend for Chengdu Zhonghuan Flow Controls Mfg 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.

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Chengdu Zhonghuan Flow Controls Mfg Co Construction In Progress Chart

Chengdu Zhonghuan Flow Controls Mfg Co Annual Data

Trend

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Construction In Progress

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0.92

Chengdu Zhonghuan Flow Controls Mfg Co Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															-	-	-	-	0.63

Chengdu Zhonghuan Flow Controls Mfg 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.

Chengdu Zhonghuan Flow Controls Mfg Co (BJSE:836260) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chengdu Zhonghuan Flow Controls Mfg Co Ltd (BJSE:836260) » Definitions » Construction In Progress

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Traded in Other Exchanges

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Address

No. 2139, Konggang 4th Road, Southwest Airport, Pilot Free Trade Zone, Xihanggang, Shuangliu District, Chengdu, CHN, 610207

Website

https://www.zh-flow.com

Chengdu Zhonghuan Flow Controls Mfg Co Ltd engages in the design, development, production, and sales of valve actuators, wellhead safety control systems, and skid-mounted equipment. It manufactures API 6D valve gas-hydraulic actuators, electro-hydraulic actuators, and pneumatic actuators; API 6A wellhead safety control systems, wellhead safety valve actuators; skids for major conventional oil and gas fields, unconventional oil and gas fields, gas storage depots, and local gas companies Assembly and module manufacturing; control valves and instrumentation.

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