China Tourism Group Duty Free (SHSE:601888) Construction In Progress : ¥1,140 Mil (As of Mar. 2024)

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What is China Tourism Group Duty Free Construction In Progress?

China Tourism Group Duty Free's quarterly construction in progress declined from Sep. 2023 (¥2,619 Mil) to Dec. 2023 (¥1,067 Mil) but then increased from Dec. 2023 (¥1,067 Mil) to Mar. 2024 (¥1,140 Mil).

China Tourism Group Duty Free's annual construction in progress declined from Dec. 2021 (¥2,890 Mil) to Dec. 2022 (¥1,852 Mil) and declined from Dec. 2022 (¥1,852 Mil) to Dec. 2023 (¥1,067 Mil).

China Tourism Group Duty Free Construction In Progress Historical Data

The historical data trend for China Tourism Group Duty Free'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 Tourism Group Duty Free Construction In Progress Chart

China Tourism Group Duty Free Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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403.70

1,233.18

2,889.94

1,852.28

1,066.68

China Tourism Group Duty Free 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															2,167.37	2,556.64	2,619.39	1,066.68	1,139.73

China Tourism Group Duty Free 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 Tourism Group Duty Free (SHSE:601888) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » China Tourism Group Duty Free Corp Ltd (SHSE:601888) » Definitions » Construction In Progress

Comparable Companies

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01880:Hong Kong

Address

No. 2A, Dongzhimenwai Street, 8th Floor, Block A, Dongcheng District, Beijing, CHN, 100027

Website

https://www.ctgdutyfree.com.cn

China Tourism Group Duty Free Corp Ltd is an investment holding company. The company's segments include Retail and Property. It generates maximum revenue from the Retail segment. The Retail segment offers a comprehensive series of duty-free and duty-paid merchandise to customers in Mainland China, Hong Kong, Macau, Cambodia, etc, through its travel retail business. It also engages sales of duty-free and duty-paid merchandise and income from provision of related services.

China Tourism Group Duty Free (SHSE:601888) Headlines

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