Neoenergia (BSP:NEOE3) Construction In Progress : R$655 Mil (As of Mar. 2024)

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What is Neoenergia Construction In Progress?

Neoenergia's quarterly construction in progress declined from Sep. 2023 (R$695 Mil) to Dec. 2023 (R$650 Mil) but then increased from Dec. 2023 (R$650 Mil) to Mar. 2024 (R$655 Mil).

Neoenergia's annual construction in progress declined from Dec. 2021 (R$2,481 Mil) to Dec. 2022 (R$1,412 Mil) and declined from Dec. 2022 (R$1,412 Mil) to Dec. 2023 (R$650 Mil).

Neoenergia Construction In Progress Historical Data

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

Neoenergia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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753.00

1,427.00

2,481.00

1,412.00

650.00

Neoenergia 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															1,227.00	905.00	695.00	650.00	655.00

Neoenergia 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.

Neoenergia (BSP:NEOE3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Neoenergia SA (BSP:NEOE3) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

NRGIY:USA XNEO:Spain

Address

Praia do Flamengo 78, 4th floor, Flamengo, RJ, BRA

Website

http://www.neoenergia.com

Neoenergia SA engages in generation, transmission, distribution, and trading of electric energy in Brazil.The company operates electricity generation plants comprising, hydroelectric, thermoelectric, wind, and cogeneration plants. The company also provides consulting and energy management services.

Neoenergia (BSP:NEOE3) Headlines

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