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Ningxia Buliding Materials Group Co (SHSE:600449) Construction In Progress : ¥59 Mil (As of Mar. 2024)


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What is Ningxia Buliding Materials Group Co Construction In Progress?

Ningxia Buliding Materials Group Co's quarterly construction in progress declined from Sep. 2023 (¥291 Mil) to Dec. 2023 (¥54 Mil) but then increased from Dec. 2023 (¥54 Mil) to Mar. 2024 (¥59 Mil).

Ningxia Buliding Materials Group Co's annual construction in progress increased from Dec. 2021 (¥49 Mil) to Dec. 2022 (¥451 Mil) but then declined from Dec. 2022 (¥451 Mil) to Dec. 2023 (¥54 Mil).

Ningxia Buliding Materials Group Co Construction In Progress Historical Data

The historical data trend for Ningxia Buliding Materials 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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Ningxia Buliding Materials Group Co Construction In Progress Chart

Ningxia Buliding Materials 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 480.92 265.72 49.48 451.35 53.90

Ningxia Buliding Materials 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 481.61 598.07 290.97 53.90 59.26

Ningxia Buliding Materials 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.

Ningxia Buliding Materials Group Co (SHSE:600449) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Ningxia Buliding Materials Group Co Ltd (SHSE:600449) » Definitions » Construction In Progress
Comparable Companies
SZSE:000672 SHSE:600425 SZSE:002302 SZSE:000789 SZSE:003037 SHSE:688119 SZSE:002233 SHSE:600819 SZSE:300374 SHSE:603916 CRH XSWX:HOLN MLM NSE:ULTRACEMCO VMC NSE:GRASIM XTER:HEI BOM:500425 SHSE:600585 XKRX:003670
Traded in Other Exchanges
N/A
Address
2 kilometers from Xinxiao Line, Ningxia Hui Autonomous Region, Xixia District, Yinchuan, CHN, 750021
Website
http://www.saimasy.com.cn
Ningxia Building Materials Group Co Ltd is engaged in research and development, production, sales, technical services and management services of cement, cement products, cement clinker, commercial concrete and related products. The company also engaged in import and export business of building materials products and related technology import and export business Production and sales of fly ash.

Ningxia Buliding Materials Group Co (SHSE:600449) Headlines

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