China Education Group Holdings (HKSE:00839) Construction In Progress : HK$967 Mil (As of Aug. 2023)

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What is China Education Group Holdings Construction In Progress?

China Education Group Holdings's quarterly construction in progress declined from Aug. 2022 (HK$929 Mil) to Feb. 2023 (HK$59 Mil) but then increased from Feb. 2023 (HK$59 Mil) to Aug. 2023 (HK$967 Mil).

China Education Group Holdings's annual construction in progress increased from Aug. 2021 (HK$905 Mil) to Aug. 2022 (HK$929 Mil) and increased from Aug. 2022 (HK$929 Mil) to Aug. 2023 (HK$967 Mil).

China Education Group Holdings Construction In Progress Historical Data

The historical data trend for China Education Group Holdings'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 Education Group Holdings Construction In Progress Chart

China Education Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Aug19

Aug20

Aug21

Aug22

Aug23

Construction In Progress

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1,089.38

848.90

904.91

928.79

967.41

China Education Group Holdings Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Construction In Progress	Get a 7-Day Free Trial													90.12	928.79	58.53	967.41	-

China Education Group Holdings 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 Education Group Holdings (HKSE:00839) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Education Group Holdings Ltd (HKSE:00839) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

CEGHF:USA C3W:Germany

Address

18 Harbour Road, Suite 6703–04, 67th Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

http://www.chinaeducation.hk

China Education Group Holdings Ltd is a leading ultra-large-scale private education group in China with 30 years of experience in higher education operations. CEG's schools offer both higher vocational education and secondary vocational education. The school network spans domestic China and overseas. CEG also offers continuing education to full-time working adults. The group's total enrolled full-time students in China expanded more than 3 times over the last six years to about 248,000 as of August 2023. The rapid growth is primarily attributable to school acquisitions. CEG currently operates 14 schools, up from only 3 in 2017.

Executives

Blue Sky Education International Limited	2401 A concert party to an agreement to buy shares
White Clouds Education International Limited	2401 A concert party to an agreement to buy shares
Cantrust (far East) Limited	2301 Trustee
Passionate Jade Holding Limited	2201 Interest of corporation controlled by you
Shimmery Diamond Holding Limited	2201 Interest of corporation controlled by you
Xie Ketao	2501 Other
Yu Guo	2501 Other
Yu Kai	2501 Other

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