First Sponsor Group (SGX:ADN) Construction In Progress : S$19.4 Mil (As of Dec. 2023)

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What is First Sponsor Group Construction In Progress?

First Sponsor Group's quarterly construction in progress declined from Dec. 2022 (S$23.3 Mil) to Jun. 2023 (S$0.0 Mil) but then increased from Jun. 2023 (S$0.0 Mil) to Dec. 2023 (S$19.4 Mil).

First Sponsor Group's annual construction in progress declined from Dec. 2021 (S$26.8 Mil) to Dec. 2022 (S$23.3 Mil) and declined from Dec. 2022 (S$23.3 Mil) to Dec. 2023 (S$19.4 Mil).

First Sponsor Group Construction In Progress Historical Data

The historical data trend for First Sponsor Group'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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First Sponsor Group Construction In Progress Chart

First Sponsor Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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51.79

19.73

26.77

23.26

19.40

First Sponsor Group 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															26.77	-	23.26	-	19.40

First Sponsor Group 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.

First Sponsor Group (SGX:ADN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » First Sponsor Group Ltd (SGX:ADN) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Lorong Telok, Singapore, SGP, 049031

Website

https://www.1st-sponsor.com.sg

First Sponsor Group Ltd is an investment holding company in Singapore. The principal activities of the company are those relating to investment holding, property development and sales, property investment, hotel ownership and operations and provision of property financing services. The Hotel operations segment- Property development segment which includes residential and commercial property developments in the PRC, specifically Chengdu, Dongguan and Guangzhou; Property holding segment which includes hotel ownership and operations as well as investment properties held for rental income; Property financing segment which includes Loan arrangements. The firm operates in Europe and China, out of which the majority of the revenue is generated from China.