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China Vanke Co (FRA:18V) Construction In Progress : €323 Mil (As of Mar. 2024)


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What is China Vanke Co Construction In Progress?

China Vanke Co's quarterly construction in progress declined from Sep. 2023 (€411 Mil) to Dec. 2023 (€375 Mil) and declined from Dec. 2023 (€375 Mil) to Mar. 2024 (€323 Mil).

China Vanke Co's annual construction in progress declined from Dec. 2021 (€472 Mil) to Dec. 2022 (€250 Mil) but then increased from Dec. 2022 (€250 Mil) to Dec. 2023 (€375 Mil).

China Vanke Co Construction In Progress Historical Data

The historical data trend for China Vanke 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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China Vanke Co Construction In Progress Chart

China Vanke 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 536.36 406.88 472.16 250.46 375.06

China Vanke 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 293.98 322.51 411.49 375.06 322.78

China Vanke 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.

China Vanke Co (FRA:18V) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Vanke Co Ltd (FRA:18V) » Definitions » Construction In Progress
Comparable Companies
SZSE:001979 SHSE:600048 SHSE:600663 SHSE:600895 SHSE:601155 SZSE:002244 SHSE:600208 SHSE:600675 SHSE:600325 SZSE:000537 HKSE:00016 BOM:532868 HKSE:01109 HKSE:00688 DFM:EMAAR TSE:1925 HKSE:01113 BOM:543287 PHS:HVN ADX:ALDAR
Traded in Other Exchanges
CHVKF:USA CHVKY:USA 02202:Hong Kong 000002:China
Address
Vanke Center, No. 33 Huanmei Road, Dameisha, Yantian District, Shenzhen, CHN, 518083
Website
https://www.vanke.com
China Vanke is a large real estate developer in China with residential property sales among the top three of all peers through the past five years. While property development accounts for most of its revenue and earnings, it has expanded its business presence in investment properties such as commercial retail complexes, long-term leasing apartments, and leasable logistical assets. China Vanke also owns an over-60% equity interest in its property management division Onewo, which manages the second-largest gross floor area in China. It is dual-listed in Shenzhen and Hong Kong, and state-owned Shenzhen Metro is the largest shareholder with a 27.2% stake.

China Vanke Co (FRA:18V) Headlines

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