China Nonferrous Mining (HKSE:01258) Construction In Progress : HK$710 Mil (As of Dec. 2023)

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What is China Nonferrous Mining Construction In Progress?

China Nonferrous Mining's quarterly construction in progress declined from Dec. 2022 (HK$533 Mil) to Jun. 2023 (HK$13 Mil) but then increased from Jun. 2023 (HK$13 Mil) to Dec. 2023 (HK$710 Mil).

China Nonferrous Mining's annual construction in progress declined from Dec. 2021 (HK$741 Mil) to Dec. 2022 (HK$533 Mil) but then increased from Dec. 2022 (HK$533 Mil) to Dec. 2023 (HK$710 Mil).

China Nonferrous Mining Construction In Progress Historical Data

The historical data trend for China Nonferrous Mining'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 Nonferrous Mining Construction In Progress Chart

China Nonferrous Mining Annual Data

Trend

Dec14

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Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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7,223.22

1,784.12

740.78

532.89

709.60

China Nonferrous Mining 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															740.78	15.01	532.89	13.07	709.60

China Nonferrous Mining 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 Nonferrous Mining (HKSE:01258) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Nonferrous Mining Corp Ltd (HKSE:01258) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

3N4:Germany

Address

32 Enos Chomba Road, Kitwe, ZMB

Website

https://www.cnmcl.net

China Nonferrous Mining Corp Ltd is engaged in the exploration, mining, ore processing, leaching, smelting of copper and cobalt, and sale of copper cathodes, blister copper, and copper anodes, copper-cobalt alloy, cobaltous hydroxide, and sulfuric acid. Its operating segments are Leaching and Smelting. The majority of the company's revenue is derived from the Smelting segment. The smelting segment includes the production and sale of blister and copper anodes. Geographically, it derives a majority of revenue from Mainland China.

Executives

Zhong Guo You Se Kuang Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo You Se Jin Shu Jian She Gu Fen You Xian Gong Si	2101 Beneficial owner

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