Golik Holdings (HKSE:01118) Construction In Progress : HK$53 Mil (As of Dec. 2023)

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What is Golik Holdings Construction In Progress?

Golik Holdings's quarterly construction in progress declined from Dec. 2022 (HK$175 Mil) to Jun. 2023 (HK$4 Mil) but then increased from Jun. 2023 (HK$4 Mil) to Dec. 2023 (HK$53 Mil).

Golik Holdings's annual construction in progress increased from Dec. 2021 (HK$140 Mil) to Dec. 2022 (HK$175 Mil) but then declined from Dec. 2022 (HK$175 Mil) to Dec. 2023 (HK$53 Mil).

Golik Holdings Construction In Progress Historical Data

The historical data trend for Golik 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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Golik Holdings Construction In Progress Chart

Golik Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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142.93

110.99

139.78

174.82

53.40

Golik Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															139.78	8.61	174.82	4.27	53.40

Golik 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.

Golik Holdings (HKSE:01118) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Golik Holdings Ltd (HKSE:01118) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Harbour Road, Suite 6505, Central Plaza, Wanchai, Hong Kong, HKG

Website

https://www.golik.com

Golik Holdings Ltd is involved in the manufacturing, processing, and distribution of steel, metal products, and building construction materials. The operating segments of the group are Metal products and Building Construction Materials. It offers Steel coil processing, steel wires and wire rope products, Concrete products, Construction steel products and processing, and other construction products and Printing materials. The group has a business presence in Hong Kong, Mainland China, Macau, and other countries, of which key revenue is derived from Hong Kong.

Executives

Golik Investments Ltd.
Pang Tak Chung

Golik Holdings (HKSE:01118) Headlines

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