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Ningbo United Group Co (SHSE:600051) Construction In Progress : ¥4 Mil (As of Mar. 2024)


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What is Ningbo United Group Co Construction In Progress?

Ningbo United Group Co's quarterly construction in progress declined from Sep. 2023 (¥4 Mil) to Dec. 2023 (¥2 Mil) but then increased from Dec. 2023 (¥2 Mil) to Mar. 2024 (¥4 Mil).

Ningbo United Group Co's annual construction in progress increased from Dec. 2021 (¥0 Mil) to Dec. 2022 (¥0 Mil) and increased from Dec. 2022 (¥0 Mil) to Dec. 2023 (¥2 Mil).


Ningbo United Group Co Construction In Progress Historical Data

The historical data trend for Ningbo United Group 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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Ningbo United Group Co Construction In Progress Chart

Ningbo United Group 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 5.78 4.10 0.06 0.21 2.22

Ningbo United Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 2.44 4.32 4.25 2.22 3.82

Ningbo United Group 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.


Ningbo United Group Co (SHSE:600051) Business Description

Traded in Other Exchanges
N/A
Address
United Building No. 1 Donghai Road, Economic Development Zone, Zhejiang Province, Ningbo, CHN, 315803
Ningbo United Group Co Ltd is engaged in the development, manufacturing of energy, transportation, communications, municipal infrastructure, environmental protection equipment, instruments, general machinery, and electrical products.
Executives
Zhou Zhao Hui senior management
Dong Qing Ci senior management
Dai Xiao Jun senior management
Wang Wei He Director
Chen Jian Hua senior management

Ningbo United Group Co (SHSE:600051) Headlines

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