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Nano Labs (Nano Labs) Construction In Progress : $23.14 Mil (As of Dec. 2023)


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What is Nano Labs Construction In Progress?

Nano Labs's quarterly construction in progress increased from Dec. 2022 ($2.31 Mil) to Jun. 2023 ($13.93 Mil) and increased from Jun. 2023 ($13.93 Mil) to Dec. 2023 ($23.14 Mil).

Nano Labs's annual construction in progress increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($2.31 Mil) and increased from Dec. 2022 ($2.31 Mil) to Dec. 2023 ($23.14 Mil).

Nano Labs Construction In Progress Historical Data

The historical data trend for Nano Labs'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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Nano Labs Construction In Progress Chart

Nano Labs Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Construction In Progress
- - 2.31 23.14

Nano Labs Quarterly Data
Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23
Construction In Progress Get a 7-Day Free Trial Premium Member Only - - 2.31 13.93 23.14

Nano Labs 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.

Nano Labs (Nano Labs) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Nano Labs Ltd (NAS:NA) » Definitions » Construction In Progress
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Traded in Other Exchanges
N/A
Address
No. 29, East Jiefang Road, 30th Floor, Dikaiyinzuo, Zhejiang, Hangzhou, CHN
Website
https://www.nano.cn
Nano Labs Ltd operates as a fabless IC design company and product solution provider in China. It engages in the development of HTC chips, HPC chips, distributed computing and storage solutions, smart-NICs, vision computing chips, and distributed rendering. Its products comprise Cuckoo 1.0 Chip, Cuckoo 2.0 Chip, and Darkbird 1.0 Chip. Majority of the company revenue comes from China.