Xiaomi (HKSE:01810) Construction In Progress : HK$5,787 Mil (As of Dec. 2023)

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What is Xiaomi Construction In Progress?

Xiaomi's quarterly construction in progress declined from Jun. 2023 (HK$5,150 Mil) to Sep. 2023 (HK$0 Mil) but then increased from Sep. 2023 (HK$0 Mil) to Dec. 2023 (HK$5,787 Mil).

Xiaomi's annual construction in progress increased from Dec. 2021 (HK$2,090 Mil) to Dec. 2022 (HK$4,242 Mil) and increased from Dec. 2022 (HK$4,242 Mil) to Dec. 2023 (HK$5,787 Mil).

Xiaomi Construction In Progress Historical Data

The historical data trend for Xiaomi'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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Xiaomi Construction In Progress Chart

Xiaomi Annual Data

Trend

Dec15

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Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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4,445.91

1,986.33

2,090.30

4,242.12

5,787.45

Xiaomi Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															4,242.12	-	5,149.75	-	5,787.45

Xiaomi 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.

Xiaomi (HKSE:01810) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Xiaomi Corp (HKSE:01810) » Definitions » Construction In Progress

Traded in Other Exchanges

XIACY:USA XIACF:USA 1810:Mexico 3CPA:Germany 3CP:Germany 3CPA:Germany 3CP:Germany 3CP:Germany

Address

Anningzhuang Road, Xiaomi Campus, Haidian District, Beijing, CHN

Website

https://www.mi.com

Xiaomi is a technology product and services company founded in early 2010, focusing mainly on smartphones and Internet of Things products and related internet services. An early adopter of online smartphone sales, Xiaomi uses Android as its operating system but has its own customized user interface called MIUI. As competition in its home Chinese smartphone market intensified and growth has slowed, it has expanded into other markets and has become the smartphone market leader in India and is gaining market share in Europe. From 2020 to 2022, from a country perspective, around 50% of its overall revenue was generated in mainland China, down from 94% in 2015. The company listed on the Hong Kong market at the beginning of July 2018.

Executives

Lei Jun	2307 Founder of a discretionary trust who can infl
Lin Bin	2301 Trustee
Ark Trust (hong Kong) Limited	2301 Trustee
Apex Star Llc	2101 Beneficial owner
Parkway Global Holdings Limited	2201 Interest of corporation controlled by you
Sunrise Vision Holdings Limited	2201 Interest of corporation controlled by you
Smart Mobile Holdings Limited	2101 Beneficial owner
Morningside Group International Limited	2201 Interest of corporation controlled by you
Morningside Venture (vii) Investments Limited	2201 Interest of corporation controlled by you
Morningside Ventures Limited	2201 Interest of corporation controlled by you
Morningside-springfield Group Limited	2201 Interest of corporation controlled by you

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