China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Construction In Progress : ¥1,638 Mil (As of Mar. 2024)

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What is China Northern Rare Earth (Group) High-Tech Co Construction In Progress?

China Northern Rare Earth (Group) High-Tech Co's quarterly construction in progress declined from Sep. 2023 (¥2,123 Mil) to Dec. 2023 (¥1,439 Mil) but then increased from Dec. 2023 (¥1,439 Mil) to Mar. 2024 (¥1,638 Mil).

China Northern Rare Earth (Group) High-Tech Co's annual construction in progress increased from Dec. 2021 (¥307 Mil) to Dec. 2022 (¥1,300 Mil) and increased from Dec. 2022 (¥1,300 Mil) to Dec. 2023 (¥1,439 Mil).

China Northern Rare Earth (Group) High-Tech Co Construction In Progress Historical Data

The historical data trend for China Northern Rare Earth (Group) High-Tech 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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China Northern Rare Earth (Group) High-Tech Co Construction In Progress Chart

China Northern Rare Earth (Group) High-Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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224.51

268.40

306.71

1,299.65

1,438.53

China Northern Rare Earth (Group) High-Tech 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															1,507.13	1,717.80	2,122.56	1,438.53	1,638.07

China Northern Rare Earth (Group) High-Tech 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.

China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Northern Rare Earth (Group) High-Tech Co Ltd (SHSE:600111) » Definitions » Construction In Progress

Traded in Other Exchanges

N/A

Address

No. 83 Huanghe Street, Baotou Rare Earth Hi-tech Industrial Development Zone, Inner Mongolia Autonomous Region, Baotou, CHN, 014030

Website

http://www.reht.com

China Northern Rare Earth (Group) High-Tech Co Ltd is a China-based company operating in a non-ferrous metal smelting and rolling processing industry. It refines and sells rare earth minerals and resources.

Executives

Wang Chen	senior management
Zhang Ri Hui	Director
Yu Ying Wu	senior management
Yang Zhan Feng	Director
Duan Li Feng	Supervisors
Xia Xue Wen	Supervisors
Zhao Dian Qing	Director
Wang Zhan Cheng	Director
Xing Li Guang	Director
Zhao De Gui	Director
Li Jin Ling	Director
Liu Yi	senior management
Huang Li Dong	Supervisors
Meng Zhi Quan	Director
Zhao Zhi Hua	Supervisors

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