Tianjin Tianbao Energy Co (HKSE:01671) Construction In Progress : HK$1.7 Mil (As of Dec. 2023)

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What is Tianjin Tianbao Energy Co Construction In Progress?

Tianjin Tianbao Energy Co's quarterly construction in progress declined from Dec. 2022 (HK$121.6 Mil) to Jun. 2023 (HK$0.0 Mil) but then increased from Jun. 2023 (HK$0.0 Mil) to Dec. 2023 (HK$1.7 Mil).

Tianjin Tianbao Energy Co's annual construction in progress increased from Dec. 2021 (HK$1.0 Mil) to Dec. 2022 (HK$121.6 Mil) but then declined from Dec. 2022 (HK$121.6 Mil) to Dec. 2023 (HK$1.7 Mil).

Tianjin Tianbao Energy Co Construction In Progress Historical Data

The historical data trend for Tianjin Tianbao Energy 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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Tianjin Tianbao Energy Co Construction In Progress Chart

Tianjin Tianbao Energy Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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2.96

0.96

121.58

1.65

Tianjin Tianbao Energy Co Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial											0.96	-	121.58	-	1.65

Tianjin Tianbao Energy 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.

Tianjin Tianbao Energy Co (HKSE:01671) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Tianjin Tianbao Energy Co Ltd (HKSE:01671) » Definitions » Construction In Progress

Traded in Other Exchanges

N/A

Address

No.35, Haibin 8th Road, Tianjin Port Free Trade Zone, Tianjin, CHN, 300461

Website

https://www.tjtbny.com

Tianjin Tianbao Energy Co Ltd is a power operator in the Tianjin Port Free Trade Zone (Seaport and Lingang). The company is engaged in the cogeneration of steam, together with electricity, heating and cooling. The company's operations comprise i) power generation and supply; ii) electricity dispatch and sale; iii) development and operation of distributed photovoltaic power generation stations and iv) contractual energy management, energy conservation management services, vehicle charging sales, electric vehicle charging infrastructure operation, and wind power generation technology services. Its operating segments include Electricity dispatch and sale business, Power generation and supply business, and Others. It derives revenue from Power generation and supply business.

Executives

Yuan Andy Yun Nan	2101 Beneficial owner
Tian Jin Bao Shui Qu Tou Zi Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Tian Jin Tian Bao Kong Gu You Xian Gong Si	2101 Beneficial owner

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