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Nissin Foods Co (HKSE:01475) Construction In Progress : HK$85 Mil (As of Dec. 2023)


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What is Nissin Foods Co Construction In Progress?

Nissin Foods Co's quarterly construction in progress declined from Jun. 2023 (HK$47 Mil) to Sep. 2023 (HK$38 Mil) but then increased from Sep. 2023 (HK$38 Mil) to Dec. 2023 (HK$85 Mil).

Nissin Foods Co's annual construction in progress increased from Dec. 2021 (HK$90 Mil) to Dec. 2022 (HK$226 Mil) but then declined from Dec. 2022 (HK$226 Mil) to Dec. 2023 (HK$85 Mil).

Nissin Foods Co Construction In Progress Historical Data

The historical data trend for Nissin Foods 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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Nissin Foods Co Construction In Progress Chart

Nissin Foods 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 67.01 128.65 90.00 225.60 85.36

Nissin Foods Co Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 225.60 47.34 37.81 85.36 -

Nissin Foods 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.

Nissin Foods Co (HKSE:01475) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nissin Foods Co Ltd (HKSE:01475) » Definitions » Construction In Progress
Comparable Companies
HKSE:01458 HKSE:01112 HKSE:06683 HKSE:01717 HKSE:06868 HKSE:01610 HKSE:06836 HKSE:00345 HKSE:00411 HKSE:02147 XSWX:NESN KHC GIS XPAR:BN SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF
Traded in Other Exchanges
4NS:Germany
Address
11-13 Dai Shun Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG
Website
https://www.nissingroup.com.hk
Nissin Foods Co Ltd is a Hong Kong-based company. The company produces and sell instant noodle, frozen food, retort foods, beverage products and snacks in Hong Kong and China. It sells its products under the brand name NISSIN, DOLL, Cup Noodles, Doll Instant Noodle, and Fuku. The company's operating segments include HK Operations and PRC Operations. It derives a majority of revenue from the PRC Operations segment.
Executives
China Orient Asset Management (international) Holding Limited 2201 Interest of corporation controlled by you
Nissin Foods Holdings Co., Ltd. 2101 Beneficial owner

Nissin Foods Co (HKSE:01475) Headlines

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