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Chinatellite Communications Co (SHSE:601698) Construction In Progress : ¥1,527 Mil (As of Mar. 2024)


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What is Chinatellite Communications Co Construction In Progress?

Chinatellite Communications Co's quarterly construction in progress declined from Sep. 2023 (¥2,290 Mil) to Dec. 2023 (¥1,519 Mil) but then increased from Dec. 2023 (¥1,519 Mil) to Mar. 2024 (¥1,527 Mil).

Chinatellite Communications Co's annual construction in progress increased from Dec. 2021 (¥1,492 Mil) to Dec. 2022 (¥2,404 Mil) but then declined from Dec. 2022 (¥2,404 Mil) to Dec. 2023 (¥1,519 Mil).


Chinatellite Communications Co Construction In Progress Historical Data

The historical data trend for Chinatellite Communications 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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Chinatellite Communications Co Construction In Progress Chart

Chinatellite Communications 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 96.52 1,319.00 1,492.36 2,404.08 1,519.07

Chinatellite Communications 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 2,684.84 1,860.68 2,289.58 1,519.07 1,526.89

Chinatellite Communications 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.


Chinatellite Communications Co (SHSE:601698) Business Description

Traded in Other Exchanges
N/A
Address
No. 59, Houchangcun Road, Haidian District, Beijing, CHN
China Satellite Communications Co Ltd is engaged in the development and management of communication and broadcasting satellite systems; the design and development of satellite ground application systems and related equipment. It also offers technical consulting, engineering design, engineering contracting services related to the satellite business.

Chinatellite Communications Co (SHSE:601698) Headlines

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